When valuing Indian financial stocks, traditional methods like discounted future cash flows are impractical due to their lack of free cash flows. Dalal Street’s top stock picker Saurabh Mukherjea recommends using the “residual income” model instead. The model calculates return on equity (ROE) minus cost of equity (CoE) to determine the economic value add of a financial services company.
ETMarkets Smart Talk | Check emotions at the door’ – Warren Buffett’s lesson resonates in volatile times: Amar Ambani
Just as the 90-day pause on Trump’s tariff plans brought some relief, fresh tensions with Pakistan have reintroduced uncertainty. History suggests such geopolitical flashpoints rarely
May 12, 2025