Q1 GDP growth 7.8% exceeds estimates
Q1 earnings - BSE 500 revenue growth 19% and PAT growth 20% + ( ex OMCs)
Bank credit growth 18%
Markets yet not reacting to improved metrics .. matter of time !!!
- Q1 GDP growth 7.8% exceeds estimates Q1 earnings - BSE 500 revenue growth 19% and PAT growth 20% + ( ex OMCs) Bank credit growth 18% Markets yet not reacting to improved metrics .. matter of time !!!
Sir the eco system doesn't want market to go up. They are creating every kind of hindrance.
PE derating of India is going on Just like Gillette or Bajaj Finance earnings top notch but valuation to growth didn't match so mkt made them go thru price n time correction both n PE reduced from 70 to 35 over 5 yrs
Still over valued Nominal GDP still not crossing 12%