Tag: direction

Karthikraj Lakshmanan We see that the earnings growth is likely to be more in the mid-teens for the Nifty50 index. Considering the growth slowdown, market leaders with healthy balance sheets and good free cash flow generation at the broader market level are better positioned to grow faster than the industry and the economy. Earnings growth is more likely to pick-up towards the second half of 2020 as one sees the fruit of the recent steps taken by the Government and how some of the strategic divestments pan out to provide…