The Altman Z-Score works well for old factories but can yield wrong interpretations on tech firms like Zomato, Paytm, Lenskart etc. Why? Because it will see their negative cash balances as danger, when it’s actually smart business from holding customer money briefly. For growth stars like Lenskart, it punishes startup losses that fuel big wins later.
To calculate the Altman Z-Score, start by gathering data like total assets, working capital, and EBIT from a company’s balance sheet and income statement. Next, compute five ratios – such as working capital over total assets – and plug them into the formula (see formula here). Finally, a score above 3 means safe, while below 1.8 signals risk, as seen in Tata Steel’s grey zone example (see the steps here)
Ambuja Cement’s net profit jumped 389% year-over-year to Rs. 2,297 crore mainly because of a big tax reversal—they got back Rs. 1,464 crore in provisions. Strong sales volumes up 20% and better pricing also helped boost earnings. Without the tax break, profits still grew nicely from solid operations.
Tech Mahindra looks like a smart bet for 2026, trading at Rs 1,424 now. It is down from Rs 1,500 levels in September, offering better entry for patient Indian investors. Its diversified verticals like BFSI and manufacturing, plus 51% YoY deal wins at $809 million TCV, show solid momentum. With AI training for 77,000 staff and 15% EBIT target by FY27, expect steady growth amid global recovery.
Tata Steel built Jamshedpur as a planned city, investing in workers’ health, education, and welfare from the start. This created a loyal workforce and stable operations, avoiding common industrial problems. As a result, the company achieved lower costs, innovation, and lasting shareholder value for investors.
Introduction Yesterday while I was watching the morning news, I saw Latha Venkatesh of CNBCTV18 discussing the topic of FDI’s interest in Indian private banks. While watching this telecast, I wondered why will global investment firms be intered to buy stakes in Indian banks? International names have suddenly showing up in the ownership lists of…
HDFC Bank stands out as the top buy for the next five years in India. Its strong fundamentals, successful merger, and digital push position it for sustained growth. Investors can expect a balance of quality, stability, and compounding returns through 2030.
The Supreme Court just allowed the government to recheck Vodafone Idea’s extra Rs. 9,450 crore AGR bill from 2016-17. This gives the company quick cash relief and stops it from running dry soon. As a result, the shares jumped over 60% in the last two months as hope grows for bigger waivers.
In 2025, for the first time since 1957, the evening slot for Muhurat Trading has been switched to the afternoon slot (from 1:45-2:45 PM on October 21). Earlier, The stock market Diwali Muhurat trading used to take place in the evening slot of 6:00 PM to 7:00 PM.
Axis Bank’s Q2 FY26 provisions jumped 61% to Rs. 3,547 crore, driven by RBI-mandated crop loan provisions and elevated loan-loss provisions. I, as a long-term investor, is considering holding on to the core shares while booking partial profits to buy on dips when PAT/EPS decline gets absorbed in the price.
SKF India’s share price dropped sharply today mainly because the company underwent a demerger process. The company has split its automotive and industrial segments into two separate businesses. Accordingly, the share price is showing a -54.65% dip in today’s trade.
Trump’s 100% tariff on non-generic drugs sparked fears of global trade tensions, prompting FIIs to sell Indian bank stocks (which are very liquid) to reduce their emerging market exposure. This sentiment-driven sell-off, amplified by economic slowdown concerns, caused banking stocks to fall sharply.
