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.
SAIL Q3 Results: Cons PAT falls 66% to Rs 142 crore, revenue up 5%
Steel Authority of India (SAIL) reported a 66% drop in standalone net profit at Rs 142 crore for Q3FY25, compared to Rs 422 crore a