 |
|
|
|||||
The IndiGo stock has underperformed following a significant miss in the companys 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization in the future, viewing the factors behind the higher costs in 2Q as temporary. The brokerage anticipates a return to more typical cost levels, which could improve the companys performance moving forward.
Category:
News and Media
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different and hence from that perspective this will be a good time to build portfolios in the largecap and small and microcap segment.
Category:
News and Media
Rana Gupta from Manulife Investment Management sees opportunities in the financial sector despite mid-cycle challenges. He is cautious about industrial capex driven stocks, considering them overvalued. Gupta favors large private banks, non-banks in rural areas, and wealth management firms. He believes the financial sector's stress is temporary, predicting stabilization in the next two quarters.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||