Polytek expands with acquisition Endurance Technologies plasticsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plasticsnews.com Daily Mail and Mail on Sunday newspapers.
What is leading the extended rally in Sensex? Key factors
SECTIONS
Share
Synopsis
The S&P BSE Sensex index had lost over 3,500 points in the six sessions before the Budget.
Analysts expect the market to move higher.
NEW DELHI: Buying triggered by favourable budget continued on Monday on Dalal Street as benchmark indices regained all losses sustained before Budget in just two sessions, reflecting massive short-covering by bears.
Sensex had lost over 3,500 points in the six sessions before the Budget, but the massive rally on the Budget day, followed by extended gains on the next day lifted the 30-scrip index to the same level. Analysts expect the market to move higher.
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
Prabhudas LilladherEndurance Tech (Buy)Target: ₹1,478CMP: ₹1267.35Endurance Technologies is structurally placed to benefit from 1) global automotive trend of light weighting vehicles (will drive die-c