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.
ICICI Lombard Q3 Results: PAT jumps 68% YoY to Rs 724 crore, total income grows 17%
ICICI Lombard Q3 Results: On a sequential basis, the net profit grew by 4.4% to Rs 694 crore in Q3FY25, while revenue rose 0.55% from
January 17, 2025