Financial markets generally love to hear good things and cheer optimistic men. Aswath Damodaran, professor of finance at the Stern School of Business at New York University, is among the top must listen to academics for anyone who doesn't want to lose his fortune. They set a number for these companies based on what other people are paying for similar companies. But these companies now have to show us that they can actually deliver revenues and earnings and cash flows. “In terms of expectations about inflation, nominal growth is going to pick up and real growth actually was pretty healthy last year,“ said Damodaran.

Source: Economic Times January 26, 2017 05:51 UTC