There is a higher probability of MNCs giving a higher return, and more for the same amount compared to non MNCs
Last updated: 14-Nov-2022•Research Desk
Companies backed by foreign promoters tend to have superior technology and expertise, which helps them steal a march over their Indian peers. To check how they have fared we analysed those companies where foreign promoters' holding is more than 30 per cent in CNX-500 index. What came out was that not only there is a higher probability of MNCs giving a higher return, they have also returned more for the same amount compared to non MNCs.
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