We have in this study examined financial performance of 3180 companies (excluding financial companies) and noted the trend in interest coverage ratio defined as Operating profit to Interest. This indicator reflects the comfort level of companies in debt servicing. Some interesting results: In response to falling interest rate cycle, interest coverage ratio of companies has […]
Pipe manufacturer, Maharashtra Seamless has had a successful year due to increased interest from investors and the improvement of crude oil prices. The company has doubled the investors money in the last one year. Maharashtra Seamless sells pipes, tube and also creates renewable energy through solar and wind. They are located in Thane, Maharashtra. Crude […]
In Finance Minister Nirmala Seetharaman’s words, India stands on the threshold of Amrit Kaal, or the ‘Era of Elixir’. Regarding the country’s real estate sector, we can be a little more restrained with such definitions. Still, there is little doubt that the industry has made remarkable progress since it attained independence 75 years ago. Real […]
Currently, India is focusing on the development of defense-related technologies. But the export aspect of the military has been important to investors. The Indian Defence Stock Hindustan Aeronautics Limited (HAL) was able to make a profit by 75% in 2022 because investments have paid off. Hindustan Aeronautics Limited (HAL) has been identified as the defence […]
As India prepares to celebrate its 75th Independence Day, it makes sense to check how independent Indian homebuyers really are today. After all, independence is more than just freedom from foreign oppression – this becomes clear if we look at some of the ‘advanced’ Western countries, where people are independent of foreign rule but still […]
Asia’s sixth richest person, Calvin Choi, is controlling the world’s hottest stock right now, AMTD Digital. Forbes estimates his holdings through ANMD make him worth the billions, but its struggling stock prices don’t seem like they’ll hold up. He also holds shares in ANMD’s parent company and those are valued much less heavily. The market […]
We already know the importance of the Aadhaar card. Aadhaar card is important when filling income tax returns, to open a savings account in any bank, to apply for a new PAN card, etc. Since Aadhaar Card is also linked with your PAN card and bank accounts, it becomes immensely important when applying for a personal […]
A rate hike was expected, but the expectation was for a maximum of 35 bps. The hike by 50 bps is definitely on the higher side, and home loan lending rates will now edge further into the red zone. This is the third consecutive rate hike in the last two months and finally marks the […]
Total number of 15 new malls to enter the market this year spread across 12 cities in the country; Chennai to see highest supply of 4 new malls this year spread over 2.55 mn sq. ft. Tier 1 cities with new mall supply include Ahmedabad, Chennai, Bangalore, Hyderabad, Mumbai, Pune & Ghaziabad in NCR spanning 7.65 mn sq. ft. […]
The forthcoming monetary policy announcement will be a decisive event for the Indian housing sector. If another repo rate hike takes place, home loan interest rates will enter the red zone, and we can expect at least short-term repercussions on overall housing demand. Inflation is now one of the significant risks in real estate, and […]
