MNCs cash in on high valuations of HUL, Maruti & others as subsidiaries beat foreign parents

2Y Stock Returns of Indian Subsidiary: 11.6%
PE: 65.4
Parent Company: Unilever
2Y Stock Returns of Parent: 42%
Parent co's PE: 33.9

2Y Stock Returns of Indian Subsidiary: 31.4%
PE: 26.1
Parent Company: Suzuki
2Y Stock Returns of Parent: 27.3%
Parent co's PE: 0.8

2Y Stock Returns of Indian Subsidiary: 38.3%
PE: 77.1
Parent Company: Nestle SA
2Y Stock Returns of Parent: -20%
Parent co's PE: 10

2Y Stock Returns of Indian Subsidiary: 127.4%
PE: 97.6
Parent Company: Siemens AG
2Y Stock Returns of Parent: 66.8%
Parent co's PE: 17.3

2Y Stock Returns of Indian Subsidiary: 146.5%
PE: 102.8
Parent Company: ABB REG
2Y Stock Returns of Parent: 89.9%
Parent co's PE: -0.6

2Y Stock Returns of Indian Subsidiary: 80.7%
PE: 79
Parent Company: Diageo
2Y Stock Returns of Parent: -32.8%
Parent co's PE: 27.2

2Y Stock Returns of Indian Subsidiary: 213.2%
PE: 57
Parent Company: Cummins Inc
2Y Stock Returns of Parent: 39.8%
Parent co's PE: 13.4

2Y Stock Returns of Indian Subsidiary: 59.9%
PE: 47.7
Parent Company: Abbott Lab
2Y Stock Returns of Parent: 10.4%
Parent co's PE: 38.1

2Y Stock Returns of Indian Subsidiary: 130%
PE: 69.9
Parent Company: Colgate
2Y Stock Returns of Parent: 35.7%
Parent co's PE: 23.6

2Y Stock Returns of Indian Subsidiary: 25.7%
PE: 42.3
Parent Company: P&G
2Y Stock Returns of Parent: 26%
Parent co's PE: 46.0

2Y Stock Returns of Indian Subsidiary: 24.8%
PE: 121.1
Parent Company: Heineken
2Y Stock Returns of Parent: -10.4%
Parent co's PE: -9.9

2Y Stock Returns of Indian Subsidiary: 51%
PE: 65.3
Parent Company: 3M Co
2Y Stock Returns of Parent: 36.8%
Parent co's PE: 24.1

2Y Stock Returns of Indian Subsidiary: 51%
PE: 65.3
Parent Company: 3M Co
2Y Stock Returns of Parent: 36.8%
Parent co's PE: 44.3