BT Exclusive: Roaring earnings growth ahead, Indian IT sector needs to rediscover its growth model, says Raamdeo Agrawal
A quarterly results development with market-wide reach.
· Business Today Mkts
"From this Samvat to next Samvat, we will have roaring earnings growth. And the year in which the earnings growth is highest, the market usually performs in that year itself the best," the market veteran told Business Today in an exclusive interaction.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- A market-wide development: it reaches beyond any single stock.
Related coverage
Reliance Industries shares set for biggest-single day jump since April 2020 as Q2 earnings spark Rs 1 lakh crore rally
ITC's Q2 net profit declines 18.7% as higher cigarette taxes hit earnings
PTC India Q2 net profit drops over 28% to ₹159 crore on increased expenses
Mindspace REIT Q2 results: NOI rises 32% to ₹836 crore on strong leasing
Thomas Cook India Q2 net profit falls 24% to ₹53.7 crore; revenue dips