Brokerage houses and analysts have cut earnings and profit margins estimates of consumer product companies, saying these firms will not be able to pass on further cost hikes to consumers as it could trigger a demand slowdown. Increased pressure on household budgets due to rising inflation amid the Ukraine crisis is already impacting demand, they … Read more
It is unfair to call a double digit growing sector expensive if it starts to trade at 18-20 PE multiples while a whole host of consumer companies growing at 5-7% and which are trading at 70-80 PE multiples are considered quality, says the Founder, Abakkus Asset Manager. Let’s start with Sunil Singhania the market timer. … Read more
Putting restrictions against imports to boost manufacturing in India may backfire and we should not get excessively excited on this issue, says the analyst, asksandipsabharwal.com State Bank of India came out with good numbers, especially on the moratorium front. They have a historic loan book which may not be dominated by the salaried class and … Read more