Earnings season somehow leaves a mark on the ever changing landscape of stocks. With Indian heavyweights like Reliance reporting their earnings numbers, Jeff Chowdhry of F&C Investments says the market is increasingly looking at profitability and margins. "It's no longer just about order books or about increasing backlog," he says.
He finds that the earnings numbers that RIL reported fell short a little of expectations. "People are increasingly looking at this as an Asian petrochemical refining upstream vehicle. ThatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
