Results▼ Bearish for Indian equities
Auto Q2 Preview: Earnings To Remain Under Pressure Amid Commodity Inflation, Says Motilal Oswal
The brief
- Motilal Oswal expects auto-sector Q2 earnings to remain under pressure from commodity inflation
- The brokerage says the recent sector stock-price correction has largely factored in the impact
- Input-cost pressure may weigh on Indian automakers’ quarterly earnings
- HDFC Bank to PNB: Motilal Oswal rates 6 banks ‘Buy’ as Q2 business updates roll in
- ICICI Bank, SBI, Kotak Bank: Why Motilal Oswal picked these banking stocks; check CAGR, target price and more