The management has guided that pre-sales could increase 10-12 per cent in FY20.
Over the one-year period, Bajaj Finance, Axis Bank and RIL remain top gainers.
According to analysts, the salt business of Tata Chemicals has been growing in low single digit for the past several years.
It would be difficult for ITC to beat, or sustain, high growth in FY20.
At the end of the week before last, Nifty’s dollar returns for 2019 were at 8 per cent.
With the plan to merge with Thyssenkrupp abandoned, Tata Steel may have to sell sizeable assets.
Titan is the fastest growing large consumer company and could outperform the industry.
Vedanta’s earnings and profit margins are likely to remain subdued in the coming quarters as well.
The Nifty is now the fifteenth best performing index among the 20 most-followed global indices.
Tata Power has around 50 subsidiaries (40 are wholly-owned), 37 JVs and 8 associates.
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