Indian Equity Research and Investment Strategy
We are presenting to our readers the Historical Earnings / EPS of BSE 30 Sensex stocks – this is for the first time that such thorough and complete data is put into the public domain.
1992 marks the beginning of Reforms in India with Dr. Singh in the FM’s chair. Companies may have moved in and out of BSE Sensex. However, the benchmark is still sound and represents the growth India offers. Here is how (more…)
Titan’s business has turned around during Q3FY10, but the sheer velocity of the rebound has come as a major positive surprise. The company reported an exceptional performance on all counts – revenues grew by 30% YoY to Rs 13.3bn, the EBITDA margin expanded by 225bps, while adjusted net profit doubled to Rs 754mn.
Strong growth was seen in both its jewellery and watch businesses, Titan reported a 30.2% YoY rise in revenues to Rs 13.3bn, as against our estimate of Rs 11.5bn for the quarter. (more…)