Earnings Growth

The note makes an argument that the current phase of selloff has entered an oversold territory and foreign investors should start to look at Indian equities as an attractive bet.

MOFSL sees buying opportunities emerge from market rout; RIL, Bharti Airtel, HUL among top picks

MOFSL believes that Indian equities are sitting in the latter phases of its correction cycle, with muted FY25 earnings growth expected to drive double-digit uptick in FY26.

Budget boost will take time to reflect in corporate earnings, says Axis MF’s Ashish Gupta

"The Union Budget addressed two critical issues requiring immediate attention—demand and regulations," says Ashish Gupta, CIO of Axis MF.

Nifty seen near 21,000 as InCred's bear case shows growth challenges persist

InCred hoped that the upcoming Union budget provides 'hope' to reverse this trend through income-tax rate cuts, as the consumption sentiment and demand seen during the festive season has started easing.

Broad-based momentum missing as largecaps outperform Nifty 500 profit growth in Q2FY25: Motilal Oswal

The September quarter earnings picture showed that the broad-basing of earnings has moderated, as it was the largecaps that primarily drove the September quarter earnings growth for the Nifty 500 universe.

HSBC sees Sensex at 90,520 by end of 2025, a potential upside of 15%

The note says that while India's growth is stabilizing at a lower level, though still favourable, the earnings per share (EPS) growth is concentrated in the small and mid-cap space.

Q2 FY25 to see slowest earnings growth in 17 qtrs as high base, demand slump take toll

The BFSI sector is expected to drive Q2 earnings growth for Nifty yet again, albeit not with the same mojo. Global-facing sectors such as IT, pharma, and chemicals are likely to provide additional support, while growth in automobiles, industrials, and commodities may slow down.

Who’ll win the next round—large-caps or mid- and small-caps?

Prices of mid- and small-caps have risen, but they are not entirely driven by rise in earnings

Markets make a quick comeback. What’s different this time?

Unlike 2021 and 2022, markets are staring at tepid growth, high valuations.

India poised to replace China as largest market in EM index: Morgan Stanley's Jonathan Garner

India's ROE is one of the highest in global markets. Only the United States has a higher ROE than India, whereas China's ROE has approximately halved over the past decade, according to Garner.

Enough bottom-up opportunities amid structural bull-run, say Chockalingam, Divam Sharma, Hitesh Zaveri

Indian market is witnessing an expansion characterized by the arrival of new and exciting companies, a rise in investor involvement, and a notable absence of excessive valuations, according to Divam Sharma of Green Portfolio.

US CPI blazes March Fed cut hope but blisters unlikely for India, earnings a bigger worry

While the market is expected to remain under pressure for a couple of days due to the hot US inflation print, it is unlikely to be as big a risk for Indian equities as concerns of an earnings slowdown, analysts believe.

Chart of the Day | Large caps hold sway over corporate profits

The contribution of large cap companies to aggregate sales and net profit of BSE 500 firms remains steady and similar to pre-COVID levels

Nifty earnings to be driven by multiple sectors in FY24, not skewed by financials

Among the heavyweights, the IT sector was a big drag, clocking 6.3 percent growth, while pharma and healthcare services delivered earnings growth of 3.6 percent and 8 percent, respectively.

Varun Beverages: Is there any fizz left after the decent run-up?

Focusing on under-penetrated markets and higher distribution reach; investment in retail outlets will drive revenues and earnings growth

ICICI Bank’s Q3 FY23 signals a wide scope for valuation re-rating

There are multiple factors why ICICI Bank should trade at a premium to HDFC Bank

Vesuvius India: Capacity expansion to drive earnings in the medium term

Vesuvius India enjoys MNC parentage and is the market leader in the refractories segment, with top steel makers as its customers and a cash-rich balance sheet

SBI Q2 FY23: The elephant has started dancing

With the banking system credit growth touching a 9-year high, SBI is in a sweet spot

Bull run may continue but money managers advise caution

Valuation of many stocks is very high and the ratio of the market capital to GDP is far above the normal level, so investors should not expect high returns, experts say

Market veteran Raamdeo Agrawal sees Sensex at 200,000 in the next 10 years

Agrawal who is the co-founder and joint managing director of MOFSL said that India is the next trn dollar opportunity and in line with the growth in the economy Sensex too might hit 200,000 in the next 10 years,

Where is Nifty50 headed in FY22?

For long-term investors, the strategy to be followed is buy-on-dips

Budget 2020: 'Fiscal position will make it difficult for govt to cut personal taxes'

The budget is useful in setting the economic agenda but in the recent past, significant decisions such as the corporate tax cut have also been taken outside the budget, says Mihir Vora of Max Life Insurance.

'Stick to leaders in pharma, auto and IT space in 2020'

The general slowdown has impacted consumption and investment but it is a matter of time before it recovers

'If corporate earnings rebound, Indian markets can give 10% return in 2020'

The Nifty earnings should improve in FY21, but the global market could consolidate after a strong CY 2019, says Anil Sarin of Centrum Broking.

UBS remains underweight on small & midcaps, sees Nifty at 13,200 in upside scenario

For markets to do well, more aggressive steps and reforms are needed, says UBS