Earnings growth slowdown appears temporary, says Franklin Templeton's Hari Shyamsunder
1 day, 5 hours ago

Earnings growth slowdown appears temporary, says Franklin Templeton's Hari Shyamsunder

Live Mint  

Government capex would align with nominal GDP growth in times to come while private capex is expected to gather pace over the next three to five years, driven by higher capacity utilisation and an uptick in investments in emerging sectors such as renewables and electric vehicles, according to Hari Shyamsunder of Franklin Templeton. Looking ahead, the government capex is expected to align with nominal GDP growth, while private capex is likely to grow at a faster pace. Strong US economic growth, persistent inflation, and rising debt levels justify the Fed's cautious approach to further rate cuts. While relatively inexpensive valuations could prompt tactical shifts into Chinese markets based on stimulus measures, structural tailwinds continue to favor India's long-term growth story.

India Growth China Corporate Inflation Earnings Food Inflation Fed Rate Rbi Private Expected Capex Franklin Templeton Private Capex Corporate Earnings Nominal Gdp Growth  growth  inflation  temporary  shyamsunder  earnings  hari  rbi  private  appears  franklin  gdp  corporate  slowdown  capex  rate  templetons  expected

History of this topic

Expert view: Tone down return expectations from Indian stock market, says Premchandani of UTI AMC
16 hours, 44 minutes ago

Expert view: Tone down return expectations from Indian stock market, says Premchandani of UTI AMC

Live Mint  

Expert view: Amit Premchandani, Senior Vice President and Fund Manager – Equity at UTI AMC, believes valuation remains in above-average zone for large caps while mid and small cap are expensive. This year's key trends have been a sharp improvement in the earning profile of capital market players, driven by broader participation leading to significant volume growth for exchanges, pick …

2024 market recap: Domestic Investors’ optimism drives D-Street higher; mid and small-caps lead
Trending News
1 week ago

2024 market recap: Domestic Investors’ optimism drives D-Street higher; mid and small-caps lead

Live Mint  

As 2024 draws to a close, the broad market has delivered a respectable 20% return. India's corporate earnings growth was 25% YoY in December 2023, and this trend continued into March 2024, albeit at a slower QoQ pace, but sufficient to sustain the market rally. However, the trend shifted by the end of September as corporate earnings, which had begun …

Corporates in India see 4x profit but keep salaries stagnant: Report
1 week, 5 days ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today  

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

Expert Speak: Expect earnings growth at 16%-18% in FY26, stay invested, suggests Gopinath Natarajan of Geojit
2 weeks, 4 days ago

Expert Speak: Expect earnings growth at 16%-18% in FY26, stay invested, suggests Gopinath Natarajan of Geojit

Live Mint  

Expert Speak: In a recent conversation with Mint, Gopinath Natarajan, CEO Asset Management at Geojit Financial Services, discussed the challenges of predicting when foreign portfolio investors will resume buying. He noted that with India's increasing share in emerging market indices and the recent correction making Indian markets more attractive, he believes India will continue to be a key focus for …

Q2 GDP slowdown: What it means for stock market investors
3 weeks, 1 day ago

Q2 GDP slowdown: What it means for stock market investors

India Today  

India’s economy hit a speed bump in Q2 FY25, with GDP growth slowing to 5.4%—the weakest in seven quarters. For stock market investors already navigating weak corporate earnings and persistent foreign outflows, this slowdown adds to the challenges on Dalal Street. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, "The Q2 GDP shocker of 5.4% will weigh on …

Street takes cheer from poll results, but will the gains sustain?
4 weeks ago

Street takes cheer from poll results, but will the gains sustain?

Live Mint  

Benchmark indices extended Friday's gains to Monday, with the Nifty clocking the biggest two-day rise since early June. Foreign institutional investors net purchased Indian equities worth ₹9,948 crore, while domestic institutions net sold shares worth ₹6,908 crore. According to Nuvama Institutional Equities, India may witness about $2.5 billion net passive FII flows thanks to the MSCI rejig, including $1.9 billion …

Indian stocks to stay flattish for 3 months as earnings, valuations weigh, says Goldman
1 month ago

Indian stocks to stay flattish for 3 months as earnings, valuations weigh, says Goldman

Live Mint  

Nov 21 - Indian equities are likely to remain rangebound over the next three months, following their recent slide into correction territory after the worst earnings season in four years and nursing still-high valuations, Goldman Sachs said. The Wall Street brokerage, which remains tactically "marketweight" on Indian equities, expects the benchmark Nifty 50 to hit 24,000 points in the next …

India Inc's Q2 has been tepid. Is a recovery in sight?
1 month ago

India Inc's Q2 has been tepid. Is a recovery in sight?

Live Mint  

India Inc. faced another challenging quarter in July-September as corporate earnings continued the recent trend of lukewarm performance. This was particularly evident in revenue growth, which hit a four-quarter low, dragging down net profit expansion for the fifth consecutive quarter, a Mint analysis showed. Costs surge An analysis of expense patterns shows that while aggregate spending held steady at 82% …

Expert view: Consolidation to continue; expect a 16% earnings growth over FY25-27, says Sneha Poddar of Motilal Oswal
1 month ago

Expert view: Consolidation to continue; expect a 16% earnings growth over FY25-27, says Sneha Poddar of Motilal Oswal

Live Mint  

Expert view: Sneha Poddar, VP of research and wealth management at Motilal Oswal Financial Services, expects the Indian stock market to consolidate in a broader range with sector rotation and intermittent volatility. Nifty 50 clocked 11 per cent earnings growth, excluding metals and oil and gas. Overall, Nifty EPS has seen a nearly 7 per cent downward revision in the …

Traders Mete Out Stiffer Penalty to India Firms Missing Earnings
1 month, 1 week ago

Traders Mete Out Stiffer Penalty to India Firms Missing Earnings

Live Mint  

-- India’s largest paint maker is the latest victim of nervous investors turning more unforgiving of stocks failing to meet their earnings expectations. The reaction highlights an emerging trend in India’s $4.6 trillion stock market, where investors are quick to aggressively punish companies whose earnings haven’t lived up to their elevated valuations. Bajaj Auto Ltd., IndusInd Bank Ltd. and Avenue …

Q2 Results: Jefferies’ Chris Wood flags steepest earnings downgrades for India Inc since 2020
Trending News
1 month, 1 week ago

Q2 Results: Jefferies’ Chris Wood flags steepest earnings downgrades for India Inc since 2020

Live Mint  

In a recent GREED & fear note, Christopher Wood of Jefferies reported that disappointing results from India Inc. in the July-September quarter prompted the steepest earnings downgrades since early 2020. Earnings Downgrades Amid Economic Challenges Jefferies slashed FY25 earnings per share estimates for 63 per cent of the 121 companies that reported September quarter results. Jefferies now projects that Nifty …

Can the Indian stock market bounce back in November or is the downward trend here to stay?
1 month, 2 weeks ago

Can the Indian stock market bounce back in November or is the downward trend here to stay?

Live Mint  

Indian stocks are currently experiencing one of the bleakest days in recent history, as a convergence of global and domestic factors continues to weigh heavily on investor sentiment, pushing the frontline indices to fresh monthly lows. In its interim review of the Q2 FY25 earnings season, Motilal Oswal reported that earnings growth among the 166 companies it monitors declined by …

Indian Stock Market: A Glimpse into the Future
2 months ago

Indian Stock Market: A Glimpse into the Future

Live Mint  

The Indian stock market is expected to witness double-digit earnings growth over the next four to five years, with small-cap earnings expected to grow even faster. However, short-term market volatility remains a concern due to factors such as increased fluctuations, foreign institutional investor (FII) selling, and geopolitical events. Despite these challenges, the strong corporate fundamentals and robust external balances provide …

India Inc's Revenue Growth At 4-6% in Q4, Slowest Since COVID-19: Crisil
7 months, 3 weeks ago

India Inc's Revenue Growth At 4-6% in Q4, Slowest Since COVID-19: Crisil

News 18  

India Inc likely logged a 4-6 per cent revenue growth in January-March 2024, marking the slowest quarterly growth since recovery from the COVID-19 pandemic began in September 2021, according to a report by rating agency Crisil analysing 350 companies. Miren Lodha, senior director of CRISIL MI&A Research, said, “Even with slower revenue growth in March 2024 quarter, corporate revenue is …

Q1 Results Review: Earnings growth continues even as revenue slows
1 year, 4 months ago

Q1 Results Review: Earnings growth continues even as revenue slows

Live Mint  

Q1 Results Review: The corporate earnings for the first quarter of FY24 were strong and largely in-line with the street estimates with domestic cyclical sectors such as companies in BFSI and Automobile sectors driving the earnings growth. Among sectors, IT Services companies reported weak performance during the quarter with flattish median revenue growth QoQ in CC, in an otherwise seasonally …

’Profit beat, in-line revenue growth hint at India’s earnings up-cycle trend’
1 year, 6 months ago

’Profit beat, in-line revenue growth hint at India’s earnings up-cycle trend’

Live Mint  

A robust earnings beat and in-line revenue growth for the quarter ended March, according to a study by international brokerage company Morgan Stanley, confirmed India's earnings up-cycle trend. Nifty companies covered by Morgan Stanley reported earnings before interest, taxes, depreciation, and amortisation, profit before tax, and net profit growth of 14%, 17%, 21%, and 24% for the fourth quarter of …

TCS Q4: IT investors would do well to temper their expectations
1 year, 8 months ago

TCS Q4: IT investors would do well to temper their expectations

Live Mint  

Investors in the IT sector were nervous as they headed into the Q4FY23 earnings season, and to add to their worries, Tata Consultancy Services Ltd, the sector bellwether, failed to meet consensus estimates. Analysts at Jefferies India Pvt Ltd note that the company’s revenue growth was the slowest since Q1FY21. A slowdown in the key banking financial services and insurance …

What’s eating into India Inc’s earnings
2 years, 3 months ago

What’s eating into India Inc’s earnings

Live Mint  

The June-quarter earnings season, which is nearly over, was a disappointment in several ways. The sequential growth momentum, a more useful metric due to the base effect, moderated to 2.1% from 9.4% due to weakening global demand, showed the analysis of 1,844 listed companies for which data is available. Global headwinds are likely to slow down the momentum even further …

Q4 Earnings: Oil, Chemicals, Other Key Sectors to Drive India Inc's Revenue Growth
2 years, 8 months ago

Q4 Earnings: Oil, Chemicals, Other Key Sectors to Drive India Inc's Revenue Growth

News 18  

From next week onwards, India Inc will start declaring its financial results for the March 2022 quarter. YES Securities in a report expects India Inc’s overall revenue growth of 19 per cent, primarily driven by oil and gas, chemical and information technology. “Adjusted PAT is likely to grow by 32 per cent y-o-y, largely driven by strong performance from banks.” …

Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan
3 years, 3 months ago

Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan

Business Standard  

Changes in interest rates, liquidity to drive mkt: Nippon India MF's Bhan Sailesh Raj Bhan says earnings in Q1 have been better than market expectations in sectors that have been supported by the recovery of global growth like IT services and metals Premium Sailesh Raj Bhan, deputy chief investment officer – equity investments, Nippon India Mutual Fund Ashley Coutinho Mumbai …

Discover Related