Most of the earnings downgrades have happened in commodity-driven sectors like metals, cement, and energy. The continued weakness in rural India has also added to the downgrades in select consumer-facing companies’ earnings. Banks, finance, and automobile companies have seen upgrades.
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of
August 15, 2026