Abhay Soi, MD & CEO, Max Healthcare, says in the previous year, EBITDA to free cash flow translation used to be 78%, it has come down to 70%. It is due to the higher amount of taxes that Max Healthcare is paying. Soi further says that any hospital chain which has capacity constraints going forward … Read more
Pawan Parakh, Fund Manager – Equities, Renaissance Investment Managers, says “I would not be surprised if NBFCs try to diversify their borrowing sources. From an NBFC perspective also, when they diversify and try to tap into new sources of funds, initially there could be some challenge for the NBFCs. But eventually, it will be for … Read more
Mumbai: The National Stock Exchange has sought clarification from Rajesh Exports for not disclosing its cash-flow statement. The company, which reported a turnover of ₹3.4 lakh crore for FY23, failed to disclose its half-year cash-flow statement and proper audit report alongside the quarterly results for the period ending September 2023, as required by Sebi regulations. … Read more
S&P Global Ratings on Thursday revised the credit outlook for Vedanta Resources Ltd to negative, citing increased funding risks. The agency has affirmed the ‘B-‘ rating for the company. It indicates a relatively higher credit risk. In a statement, it said Vedanta Resources’ weakened access to cash flow from its operating subsidiaries at a time … Read more
Ever wondered why there is always a hype around RBI’s Monetary policy meetings? Has it ever occurred to you that this is the reason for media attention on the US Federal Reserve’s FOMC meetings. The answer to it is two heavy words – ‘Interest Rates’. If the economy is believed to be a machine then … Read more
Anand Shah, Head of PMS & AIF Investments at ICICI Prudential AMC, says he and his team goes about picking winning stocks using the Business-Management-Valuation (BMV) framework. “If we like business potential and management quality, the last step is valuation. A good business and competent management may not always come cheap. If the business has … Read more
“Sooner rather than later, we will have the much awaited Fed pivot on interest rates. All we need is a couple of more bad data for the US economy. The US drives the entire globe and 2023 should be very good and the stocks and sectors that did badly in 2022, should do better in … Read more
“We have got a good start and a good base and the best thing that we can do to honour his memory is really to run a good and world-class airline, which is what we have endeavoured to do in these last few months,” says Vinay Dube, Founder & CEO, Akasa Air. Tamanna Inamdar: What … Read more
By DK Aggarwal The profit and loss (P&L) account summarizes a business’ trading transactions such as income, sales and expenditure and the resulting profit or loss for a given period. In simple words, it shows the financial health of a company. The balance sheet, on the other hand, exhibits what a company owns and owes, … Read more