Issue of 17th Aug-23rd Aug 2018
Rising Operating Margin as a Driver of Stock Price
What drives stock prices? Good quality earnings growth which should be sustainable. When analysing earnings growth of a company, one of the key metrics one should look at is operating profit margin (OPM). OPM gives two indications. One, high OPM signifies operating leverage. A company with high OPM needs to expand its revenues only a little... Read More
Shashank Manilawala
Just over a week ago, when the National Stock Exchange (NSE) celebrated 25 years of its existence, Vikram Limaye, the current managing director (MD) and CEO, was confident that the bourse would soon put the algo trading controversy behind it by filing a revised consent application with the...
Aditya Birla Capital Limited (ABCL) is the holding company for all financial services businesses of the Aditya Birla group such as lending, insurance, investment management and advisory services. ABCL is structured as a non-operative financial holding company and none of its subsidiary...
Moneylife Digital Team
Prabhat Dairy Ltd (PDL) is an integrated milk and dairy products player with a market-capitalisation of Rs1,492 crore. Over the years, PDL has diversified its product offerings, covering almost all aspects of the dairy industry’s value chain. Its products include fresh, dry, frozen, cultured...
Harsh Gadodia
We wrote about the strong growth outlook of KEI Industries (KEI) in September 2017. The stock price has since then moved up but is consolidating now. We mentioned how the company was growing on the back of industry-wide tailwinds but high interest cost has kept margins under pressure. Today,...
Moneylife Digital Team
Voltas Limited, part of the Tata group, has three independent businesses: unitary cooling products, electro-mechanical projects & services and engineering products & services. For Q1FY18-19, its revenue grew just 8.71% to Rs2,134 crore. Of this, unitary cooling business contributed Rs1,191...
Moneylife Digital Team
Money lost can be earned again; but time lost is permanent. This is especially true in legal matters where the law of limitation comes into effect. Hence, a person with a grievance or claim must ensure that her complaint is not time-barred. This article is about the timeframe for filing...
Imagine smelling something that is not there. Now imagine if these smells were always around, persisting through everyday life without any apparent reason. These ‘phantom odours’ occur when someone smells something, but there is nothing in the environment that corresponds to those, often...
Akshay Naik
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