Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
P/E not best tool to value a stock.…
By DK AggarwalThe price-to-earnings ratio is one of the topmost tools for stock valuation. But one cannot measure the growth potential of a company only on the basis of P/E. Before diving in to check…
Investors turned bearish on their favorite sector tech…
Investors turned against their favorite group of stocks recently, dumping tech shares in historic numbers and increasing their bets against the sector during this month's sell-off. The move came just before the shares began to…
Microfinance sector may see consolidation post COVID, say…
MUMBAI: Microfinance industry, which serves the unbanked, is likely to head towards the path of consolidation post-COVID19, feel industry experts. Micro lenders will also move towards digitisation of all processes for serving their customers who…
ICICI Credit Risk Fund beats sector blues; logs…
Ownership in credit risk funds was a must to be counted among the D-Street elite – at least until about a couple of years ago. Then came an avalanche of defaults, seemingly burying for good…
Uncertainty, risk of second wave challenges for IT…
Bengaluru: Infosys Chief Executive Salil Parekh said the biggest challenge the IT industry faces right now is the uncertainty around the duration of the Covid19 pandemic, recovery in business sentiment, and the risk of a…
Banking sector mutual funds are offering 21% in…
Banking sector funds have surprised investors in the last one month. The category has offered 21.38% returns in one month. It is indeed surprising because the banking sector has suffered a lot in the last…
Apple still has a lot of room to…
Jeff Williams, chief operating officer of Apple Inc., speaks during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2018 in Cupertino, California.Justin Sullivan | Getty Images News | Getty…
Slowdown in America’s retail sector to hit Indian…
BENGALURU: IT services companies may see business from US retailers fall sharply, as some non-essential and luxury brands shut stores and furlough employees, analysts said. Infosys, Cognizant, Tata Consultancy Services and Wipro service the retail…