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Experts say that double-digit earnings growth could be seen after the September quarter. Sectors like auto and auto ancillaries, consumer discretionary and FMCG will get affected by demand slowdown.
Given all the growth concerns, expectations have already been beaten down and we expect companies to largely deliver earnings in line with consensus, said Vipin Khare of William O’Neil India
Sectors like auto and auto ancillaries, consumer discretionary and FMCG will get affected by demand slowdown
Q4 results for cement manufacturers were encouraging. While the top line grew 10 percent on average, EBITDA increased 29 percent