Turning The Tide
Companies are becoming more efficient, paring working capital needs on lower commodity prices and inflation.
Corporate India has been grappling with slowing economic growth, mounting NPAS of banks, after effects of demonetisation, among a host of other challenges. But amidst the gloom there is finally some good news. There is a healthy trend of companies steadily improving their operational efficiency, reveals an analysis of 387 companies in the BSE 500 index.
The sample excludes banks and financial institutions and only includes companies whose latest data for 2016/17 is available with the Ace Equity database. It was
