INSUBCONTINENT EXCLUSIVE:
Numbers do talking 15 Jan, 2019Welcome to Q3 earnings show, which is slowly picking up pace
We have seen a quite a few companies kicking off their numbers
There are more to go.
So far, there have been no fireworks
But as we go along, there might be surprises along way.
Sharekhan has brought out a report that has put 10 key sectors under microscope for
under pressure, operating efficiencies would help companies post stable margins
currency would start flowing in from Q4.
Preferred Picks: HUL, ITC, Britannia Industries, Marico and Dabur India
Q3FY19Automobiles15 Jan,
improvement, recent prices hikes and cooling off in commodity prices and reduction in discounts would ease cost pressures going
rise in raw material cost
corporate private banks attractive at present times; they would be helped by falling bond yields, peaking NPA cycle and improved credit
Structural challenges to persist for NBFCs; we prefer customer oriented, parent backed or players with a strong balance sheet in NBFC
space
Preferred Picks: HDFC Bank, Axis Bank, ICICI Bank, RBL Bank
