earnings upgrades

India equity market: Where does this FII find scope for 15% CAGR in earnings for next 3-4 years?

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India equity market: Where does this FII find scope for 15% CAGR in earnings for next 3-4 years?

Vikas Pershad, Portfolio Manager and Deepika Mundra, Director, M&G Investments, in conversation with ET Now. Pershad says a consistent 15% growth rate suggests an investment could double in five years. M&G aims to identify earnings growth rates and valuations that allow for this doubling in under five years to outperform the market, focusing beyond absolute … Read more

Fund Manager Talk | Market overvalued, expect normalisation in due course: Shreyash Devalkar, Axis Mutual Fund

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Fund Manager Talk | Market overvalued, expect normalisation in due course: Shreyash Devalkar, Axis Mutual Fund

While admitting that the market is an overvalued state, Shreyash Devalkar, Head Equity, Axis Mutual Fund, says normalisation will happen in due course. “It is increasingly tough to buy stocks at reasonable valuations, however, given the earnings upgrades in the last few quarters, most stocks have re-rated,” he says. Edited excerpts from a chat: When … Read more