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When market pundits fumble

Aug 18, 2000

The technology stocks have taken the world by storm. Analysts gave them whopping valuations as they anticipated high growth rates for these companies. These growth rates (80-150% y-o-y) were unheard of. Investors’ quickly jumped on to these stocks and the traditional blue chips faded away, even though they were giving decent returns. But when their valuations reached epic proportions, the bubble has shown signs of bursting any minute. This danger has put pundits across the globe fumbling about w

Tata Honeywell posts 340% jump in net

Oct 30, 1999

A sharp jump in revenues and slower growth in operating expenditure have contributed to the 340% jump in profits at Tata Honeywell

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