MOFSL Group

Alumni Network

Group Websites

nifty 22,147.00

151.15 (0.69%)

19-Apr-2024 | 16:14

sensex 73,088.33

599.34 (0.83%)

19-Apr-2024 | 15:59

MOFSL 2,232.00

146.35 (7.02%)

19-Apr-2024 | 15:56

India Strategy Report Back

INDIA STRATEGY | 3QFY18 PREVIEW: End of a long drought

08-Jan-2018

Earnings drought coming to an end; Rebound led by global cyclicals- We expect MOSL Universe PAT to grow 19.6% YoY. MOSL Universe sales growth is expected to come in at 16.2%, the highest in 21 quarters, led by Autos, Cement, Metals, Oil & Gas and Mid-caps.
Nifty highlights: Sales, EBITDA and PAT to growth 16.5%, 11% and 18%, respectively.
Sector growth trends: 1] Leaders - Metals (81%), Autos (76%), PSU Banks (32%), NBFC (31%), O&G (22%), Cement (21%), Capital Goods (21%). 3] Drags: IT (-4%), Healthcare(-11%), Telecom (Profit to Loss).
Nifty EPS changes:FY18:INR487 v/s INR481 earlier, FY19: INR598 v/s INR609 earlier and FY20:INR708 v/s INR704 earlier. We are now building in earnings growth of 16%/23%/18% for the Nifty for FY18/19/20

view report Download report open an account trade now