Stock selection key as earnings and valuation gaps widen: Tata MF’s Chandraprakash Padiyar
A quarterly results development with market-wide reach.
28 Sept 2026 · Economic Times Markets
Stock selection will be critical for investors as earnings and valuation gaps widen across large-, mid- and small-cap stocks, according to Chandraprakash Padiyar, senior fund manager at Tata Asset Management. Padiyar said valuations look expensive in some pockets but reasonable in others, making earnings and cash-flow growth key filters in a more volatile global environment.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Sector exposure: Banks, Auto.
In this story
Related coverage
RBI to hike repo rate by 25 bps? These rate sensitive sectors will be in focus on Wednesday
Invesco and Motilal Oswal lead AUM growth in Q2 FY27, shows data
HDFC Bank shares drop 15% in 3 months since Q1 results. Will Q2 earnings bring redemption as leadership cloud clears?
ICICI Prudential Life Insurance to focus on growing absolute VNB amid slump in FY24
ICICI Pru Life Q4 net profit falls 26% to Rs 174 cr, insurer announces dividend