View: Saudi Aramco's true value is still a mystery
A more open Aramco can only be a good thing, but much will depend on whether it embraces transparency (despite the Kingdom of Saudi Arabia owning almost all of the stock). The IPO process invited a global discussion about Aramco’s true value.
HDB Fin Services now valued at Rs 90,000 crore in unlisted market
HDB shares in unlisted market are trading at Rs 1,100 apiece against Rs 600-700 a year earlier.
Saudi Aramco tops $2 trillion, defying valuation sceptics
The Saudi Crown Prince has made the Aramco IPO the centrepiece of his plan to diversify the Kingdom's economy away from its dependence on oil production by using the $25.6 billion raised to develop other sectors. But that was well below the Crown Prince's plan announced in 2016 which called for raising as much as $100 billion.
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Franklin India Bluechip Fund witnesses highest outflow in 2019
Franklin India Bluechip Fund has been going through a bad phase for a while now. It has slipped to the third quartile in the last two years.
Time to stop chasing the highest yielding bond fund: Dhirendra Kumar
First-time investor coming into the market they are extremely reluctant to take on losses. So, the moment they are able to break-even, they get out. That is a psychological thing. It looks like an extraordinary thing to have happened but it is normal behaviour. After a prolonged struggle, once the investors break even, they pull out and that happened here.
Share market update: 8 stocks hit 52-week highs on NSE
Overall, 35 shares were trading in the green in Nifty50 index, while 14 were trading in the red.
Panel to assess value of assets mortgaged by PMC borrowers
The bank is currently undergoing a forensic audit the report for which will be finalised by the end of this month. But simultaneously, other assets and mortgages are also being identified by investigation agencies and the banking regulator to get back the bank’s dues.
50% equity mutual funds underperform their benchmark in 2019
Though 2019 numbers show some improvement over 2018, the average returns from all the mutual fund categories can still frustrate most mutual fund investors.
Share market update: 14 stocks hit 52-week highs on NSE
Overall, 37 shares were trading in the green in Nifty50 index, while 13 were trading in the red.
Five of top-10 most valued firms add Rs 56,877 crore in m-cap
The m-cap of TCS jumped Rs 26,360.5 crore to Rs 7,96,612.51 crore at close on Friday.
There is a lot of value in HPCL and market will realise it gradually: MK Surana
I am sure the market will eventually be able to factor in the right valuation for the companies.
Founders seeking exit value Sequent Scientific at Rs 2,500 crore
Sequent’s market cap as on Tuesday was Rs 1,670 crore. But the founders are seeking a control premium of 49.7% or 18-20x forward Ebitda multiple, valuing the company at Rs 2,100-2,500 crore, sources said. Some, however, worry that such expectations may turn out to be a potential deal breaker.
How companies can manage the ‘brand slowdown’
The slowdown is not as much of a worry as is the perception of the slowdown. Perception is a reasonable multiple of the actual slowdown that is biting our markets currently.
Value without quality is meaningless: Nilesh Shah
Nilesh Shah, MD, Kotak Mutual Fund, says equity is the best asset class to be in India at the moment, but stock selection is key to it. In a...
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