Q2 earnings outlook shows strong growth in FMCG and auto sectors
after close1 source ↓written by the desknot a recommendation
Q2 earnings are projected to remain resilient, with FMCG, consumer durables, and automobiles leading the growth, driven by robust domestic demand. Urban demand is expected to outpace rural demand, and companies have implemented price hikes to counter rising raw material costs, potentially supporting margins. Market expert Ambareesh Baliga anticipates earnings to match or exceed Q1 levels despite broader market concerns.
Not investment advice. For informational purposes only.