Seven Companies That Will Gain From RBI Rate Cut
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Seven Companies That Will Gain From RBI Rate Cut

By SiliconIndia   |   Tuesday, 30 December 2014, 12:24 Hrs
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BANGALORE: We are really to say adieu to 2014 with all the good and bad that followed the year. In a way, this year or rather the latter part of the year was a huge turning point for Indian businesses. The government opened the flood gates of FDI and FII, which opened business opportunities for Indian companies. This move also allowed the government to ease various rates and taxes, in turn creating a rise in stock and share worth for stake holders.

However, some companies are hoping for cuts in interest rates from the RBI to see their businesses revived. What does the next year hold for businesses? This is one of the biggest questions experts and economists are waiting to find an answer to. No matter what the success and failure there was with businesses, here are a few companies to bank on for the next year with inputs from Economic Times.

Bajaj Electricals: A home grown company, a pride of India and one of the oldest companies in India, Bajaj has had its shares of ups and downs. This company needs the RBI to cut interest rates so that they can see profits while paying off their debts. If the interest rates do get cut, Bajaj can register operating profits of 7-8 percent. The company had a bad start to their FY15 with low sales on their appliance sector but they are hopeful of better growth and output in FY16.

Tata Communications: One of the most prestigious companies in the country, Tata, has been in a mixed puddle. The company’s communication sector has huge amount of debts to pay from their various underwater cable operations. Tata is at the moment struggling with the interest rates which is 60 percent of total operating profit.

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