2023年6月26日

Ganeshram Jayaraman(来源:Avendus.com)当前环境不可能有利于积极的增长预期,投资者需要保持他们的“安全边际”,据Avendus资本。早期阶段的通货膨胀不一定是经济放缓的迹象,Ganeshram Jayaraman董事总经理Avendus火花机构股票Pvt。告诉BQ '。虽然外汇储备,资本支出周期和经常账户赤字似乎改善,可持续……当前环境下不可能有利于积极的增长预期,投资者需要保持他们的“安全边际”,据Avendus资本。早期阶段的通货膨胀不一定是经济放缓的迹象,Ganeshram Jayaraman董事总经理Avendus火花机构股票Pvt。告诉BQ '。外汇储备时,资本支出周期和经常账户赤字似乎改善,存款增长的可持续性在撤军2000卢比汇率的背景下指出尚未看到的,他说。银行、航空、水泥和管道行业正处于整合,Jayaraman说。此外,两个季度的下降在信息技术部门招聘基地势必影响城市自由花在地铁等城市班加罗尔,海德拉巴和钦奈,他说。Jayaraman说什么关键领域:银行仍与大型银行”“我们的安慰,Jayaraman说,引用资本状况,计划增加分布、强度和供应和over-captitalised资产负债表。尽管在未来四个季度利润约束的可能性,有实质性改善的余地资产回报率和股本扩张,他说。利益是非常接近峰值或已经见顶,他补充说,在利率增长问题。资本支出周期和大型股Jayaraman说这资本支出周期是“不同的性格”,它是由大公司合并他们的市场份额和提高资产负债表在过去的几年里。 Unlike in the past, he said, it's also not heavily leveraged. The focus of these large-cap companies has been to sustain this consolidation as seen in sectors such as airlines, cement and real estate, he said. "This character of consolidation will improve gross margins and catalyse capex growth." He estimates "mid-teens earnings growth potential" for the Nifty 50 basket, with a high possibility of earnings downgrade in FY23, excluding financials, cement and staples. Watch the full interview here: ADVERTISEMENT ADVERTISEMENT