Rising with High Hopes

Markets are Rising with High hopes

Most of the NSE listed companies have filed their Jun-14 quarter’s result. In the following analysis we have excluded BFSIs.

1. Only 53% of Companies posted Profit, rest of the companies posted loss. This is indeed concerning.
2. Median quarterly PAT is only Rs 30 mn for Jun-14. For Jun-08, it is around Rs 60 mn, which is also the highest in last 36 quarters.
3. Median Mkt cap at the end of Jun-14 quarter is Rs 3500 mn, which is one of the highest excluding Dec-07 quarter.
4. Is Stock market acting as lead indicator of profitability set for improvement ????, though there are no early signs visible.

One can use excel sheets placed on This Page: Identify Stock.