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Q1FY21 India Equity Strategy Insights by SRINIVASAN T is a document available to read on EtoBox.

Margins across sectors like IT, cement, pharma, and staples beat estimates in Q1FY21 due to sharp cost cutting and improved pricing power amid lower competition. While earnings missed estimates in autos, consumer discretionary, energy and insurance, they exceeded expectations in IT, pharma, cement, chemicals and banks. Given Q1 trends, the document forecasts aggregate PAT growth of -5% for FY21 and +41% for FY22, with cautious optimism for economic recovery in FY22/FY23 driving opportunities in sectors like

Author

SRINIVASAN T

Language

EN