Ferrous players are set to report sequentially weak numbers due to higher raw material prices, their year-on-year performance is expected to be stellar.
Capital gains are profits that an in vestor has made from selling asset like stocks and real estate.It is differentiated as long-term and short-term for taxation purposes.
Dwarikesh Sugar may be able to deliver higher earnings per share compared to peers, as its cost of production per kg of sug arcane is Rs 5 lower, said analysts.
Within the infrastructure sector it prefers pure play EPC companies – such as roads, power transmission, ports, railways, urban infra, buildings.
Mayuresh Joshi, Fund Manager, Angel Broking believes stocks within the infrastructure space - specifically power and gas transmission offer promise to investors in the current market.
While tea prices have been stable in ten years, analysts said an expected drop in production in Kenya could push up overseas prices.
The research group also expects only a 25 basis points rate cut in 2017 and said that an April rate cut was a tad more likely than a February cut.
“The markets will continue to be tepid in the coming days and one would have to wait for the Budget to get a clearer sense,” Kant of Motilal Oswal said.
It said the RBI’s CRR hike and tepid loan growth in high yielding segments such as retail and SME will more than offset this benefit and compress margins.
The present arrangement does not invite questions of a conflict of interest said Joris Dierckx, CEO and Country Head-BNP Paribas India.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon