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The credit ratio, or upgrades over downgrades, has seen a steady rise since the first quarter of last year. The gauge was at 0.36 in April-June last year with 241 upgrades versus 662 downgrades. It was at 1.77 in January-March this year. A ratio below 1 indicates deteriorating financial health of the corporate sector.
View: India must not drop out of crypto arms raceRegulating digital assets and allowing the industry to grow can keep India in the reckoning.
from Stocks-Markets-Economic Times https://ift.tt/3hPIKup
… Read MoreSGX Nifty down 40 points; here's what changed for market while you were sleepingWhile forming higher highs and lows, the index made an indecisive Doji, as the opening and closing levels of the index were almost the same.
from Stocks-Markets-Economic Times https://ift.tt/316NUML
… Read MoreAsian Paints Q4 results preview: Firm may report drop in revenue on Covid impact“Asian Paints' decorative paint volumes may have got impacted at the fag-end of quarter due to supply disruption. Industrial/auto paints continue to remain under pressure,” Sharekhan said in a note.
from Stocks-Markets-Econo… Read MoreHold Thermax, target price Rs 830: ICICI DirectA strong balance sheet, efficient working capital management provide a competitive advantage despite a challenging environment.
from Stocks-Markets-Economic Times https://ift.tt/3dwyVOU
… Read MoreStock Ideas: Motilal Oswal has a buy call on SBI, target price Rs 280 The slippage ratio has moderated in the last few years and stands lower than even the ratios of many private banks.
from Stocks-Markets-Economic Times https://ift.tt/3dpqWTI
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