اَخر الأخبار
ETMarkets PMS Talk: Triggers for 2025 - Trump’s tax policies and India’s Union Budget 2025 take center stage
If you look at the last three quarters—Q4 of the last fiscal, Q1, and Q2 of this fiscal—we saw revenue growth of less than 5%. In Q4 and Q1, we observed some margin expansion, but in Q2, there was margin contraction. Earnings growth was around 5% for this quarter gone by, while valuations were upward of 22-23 times. In that sense, there was very little room for the market to move ahead, which is why we saw the correction at this point.
For more details: Click here