National Thermal Power Corporation Ltd (NTPC), India's largest power generator, reported a higher fourth quarter net profit on robust revenues.
In a filing to the Bombay Stock Exchange, NTPC said for the quarter to end-March, its net profit grew Rs21.1 billion from Rs13.4 billion as total revenues, including electricity sales, rose to Rs 124.81 billion from Rs114.87 billion, same period last...
Should you follow the old market saying, ‘When in May, sell and go away’?
Markets are on a tear globally. The Sensex is up 40% from its lows and is now one of the bestperforming markets during this rally. In our previous issue, we had suggested that the market was ripe for a pullback; the levels to watch out for were 10,900, 10,600 and 10,100. In the event, we did get a pullback; the Sensex...
Companies that earn a high return on net worth are a rare breed. They are the most attractive from the shareholders’ point of view, since they do what businesses are meant to achieve: earn high rates of return on invested capital. The high earnings give them the opportunity to invest some or all of the capital created, again at a high rate of return. This ensures a continued high rate of...
