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Synopsis
Ruchit Jain, Senior Analyst - Technical and Derivatives at Angel Broking said, One should prefer to trade with the trend now until any negative signs are seen and look for opportunities that could continue to outperform. The near-term trading range could be wide given the recent volatility, wherein the supports are now placed around 14,140 and 14,000, whereas resistance could be seen around 14,500.”
Higher government spending in infrastructure and increased FDI limit in insurance improved the overall outlook of these sectors,” said Vinod Nair, Head of Research at Geojit Financial Services.
NEW DELHI: Nifty made a strong rebound on Monday in line with strong global cues and a no-harm budget. The 50-pack index formed a long bullish candle and recovered half the losses it sustained in the past six sessions.
How to use DuPont analysis to understand RoE
Satya Sontanam
BL Research Bureau |
Updated on
January 23, 2021
The return on equity (RoE) is one of the key metrics to identify stocks.
A simple way of calculating it, is by dividing the net profit by shareholders’ equity. The DuPont analysis takes into consideration other key financial metrics that drive the RoE and helps investors make an informed decision. As per DuPont analysis, RoE is equal to net profit margin asset turnover financial leverage.
We considered only Nifty 200 companies (excluding BFSI) for the purpose of this analysis.
Looking at the components of the DuPont analysis alone may not be the right way to pick a company but it is a good tool for comparing companies in the same industry. The metrics considered here vary from industry to industry. Especially, cyclicals for which economic phases play an important role in financial performance and can distort the ratios. Thus, your research using DuPont analys
Stocks in news: HDFC Bank, Vedanta, Wipro, MCX India, Cyient, JK Tyre
Stocks to watch today on January 22: HDFC Bank, Vedanta, Wipro, MCX India, Cyient, JK Tyre among others are the top stocks to watch out for in Friday s trading session
BusinessToday.In | January 22, 2021 | Updated 09:52 IST
Stocks to watch today: Reliance Industries, Yes Bank, Gland Pharma, HDFC Life Insurance Company, SBI Life Insurance Company are among the top companies that will be reporting their Q3 earnings
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Friday s trading session based on latest developments. Investors are also awaiting December quarter earnings that are scheduled to be released today. Companies set to announce their earnings are Reliance Industries, Yes Bank, Gland Pharma, HDFC Life Insurance Company, SBI Life Insurance Company.
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