Revenue growth will likely remain in single digits for the fourth quarter in a row. Given a higher base in the form of strong growth in the corresponding quarter of the previous year, net profit growth is expected to be slower after growing in double digits for the previous two quarters. Banking, financial and select auto and pharma companies are expected to support revenue growth. In the year-ago quarter, revenue and net profit had grown by 10.6% and 31.9%.
10 Nifty largecaps with up to 38 buy calls; analysts see up to 20% upside
Brokerages remain bullish on select Nifty large-cap stocks across sectors, with several companies receiving over 30 ‘buy’ calls from analysts, according to Trendlyne data. These