As of today, the Indian Stock Market is giving an Earning Yield of 5% (~PE of 20). At the same time, US 30 year G-Sec Yield is close to 4.6%, so here comes the question why any FII should invest in India when they are getting such high yields in US treasury, which is supposed to be the safest asset class in the world.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.