Brokerages place their bets on the company's product mix as well as better volumes for the stock to perform well after two fiscals.
eClerx Services expects multiple headwinds to result in a soft year with low single-digit growth according to CFO Rohitash Gupta.
"The rains are very good now, so post October, we expect lot more demand. Also, some of the government action like making sugarcane mandatory with drip should result into a very strong domestic business," Anil Jain, MD of Jain Irrigation said.
Riju Jhunjhunwala, Managing Director of the company said, with most of the expansions coming on stream and with focus on value added products, they would see a significant margin expansion of around 100 basis points in FY17.
Manu Parpia, MD & CEO, Geometric said the growth has been decent for the quarter but expects it to be modest for the next two quarters.
The basic chemical business is seeing very good growth because it is directly related to India‘s growth, said Ashish Soparkar, MD, Meghmani Organics, adding that the capacity utilisation for the segment is also at its optimum currently.
Andrew Holland of Ambit Investment Advisors is bullish on the banking sector, especially private sector banks, as he believes there is still room for the Reserve Bank governor Raghuram Rajan to go in for more rate cuts. However, he is not too keen on the NBFC space and prefers banks over it
What stood out for Raamdeo Agrawal this earnings season is the margin expansion on the back of commodity price collapse.
Sagarika Mukherjee, Research Analyst at SBICAP Securities feels there could be headwinds amid tailwinds for HUL, as Q3 and Q4 of the current fiscal will see some margin expansion for the company.
The company expects a revenue growth of Rs 1,750 crore by FY15 end.
Espirito Santo has a fair value for USL stock at Rs 1500 and does not think there will be any material change in their estimates because of the price cuts.
SP Tulsian joins CNBC-TV18 to pick out his favorite stocks for today and also gives his outlook of the markets today.