These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
Jio's100-million subscribers target appears an uphill task in the next one month, believe analysts. Also, the existing subscribers are already witnessing slowdown in data speed thanks to the high traffic.
After demonetisation, sharp fall in PE valuation offers an attractive entry point into some quality names and these 3 FMCG companies are expected to see the fastest growth in earnings with at least 15 per cent upside potential
FY17 GDP growth faces cash crunch heat
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
The move to ban Rs 500 and 1000 notes may not curb the root cause of black money.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
With the government's focus on environment-friendly fuel, Indraprastha Gas, Mahanagar Gas and Suzlon's earning prospects look bright
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
Even after the recent developments at Infosys, both companies are expected to deliver similar revenue growth in FY17
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
'I am very optimistic about Tech Mahindra'.
'India is likely to do better than other emerging markets.'
Analysts, however, said the timing of the infusion was good.
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
These are companies with a strong track record and good prospects on earnings.
Revenues, profit margins will be hit in the next one year, but more demand in the longer run.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances