Vidhu Duggal & Co....
"Earnings Outlook FY24-FY25: Investment Advisor Foresees Stability"
Daily Voice | Don't see any major threat to earnings estimates for FY24-FY25, says this investment advisor

12 Aug, 2023

Daily Voice | Don't see any major threat to earnings estimates for FY24-FY25, says this investment advisor

Nikhil Vikamsey of Alpha Capital believes FY24 - FY25 should deliver as expected as there won't be any large uncertain events to unfold.

In an interview with Moneycontrol, Nikhil Vikamsey, Senior Partner at Alpha Capital, said that the macroeconomic indicators indicate that the earnings trajectory is likely to align with or potentially surpass the estimates. "In short, we don't see any major threat to earning estimates," he added.

He believes FY24 - FY25 should deliver as expected as there won't be any large uncertain events to unfold.

Regarding potential market corrections in the future, the seasoned chartered accountant with more than twenty years of professional expertise asserts that a significant local correction is unlikely due to the actions of the Federal Reserve. However, they do acknowledge the potential for a market decline influenced by the weakness in global markets.

Source: https://shorturl.at/dKOY6

Let's Talk

Free Consultation

Related Post

Post Img

GST fraud: Taxmen arrest two in Bengaluru for fake ITC claims using 30 shell companies

Post Img

ONGC to invest Rs 1 trn by 2030 to transform into low-carbon energy player

Post Img

CBDT Extends Tax Audit Report Filing Due Date for AY 2025-26

Post Img

IT stocks fall on weak Q3 earnings expectations, high valuation concerns; Wipro, TCS, Mphasis down over 2% each.

Post Img

Indian stock market: 7 things that changed for the market overnight - Gift Nifty, India’s CAD, weak dollar to oil prices.

Featured Post

Post Img

Turnover Crossed ₹5 Cr? E-Invoicing Is Mandatory for You

Post Img

'No further interest on penal charges': RBI issues new guidelines for loans

Post Img

GST fraud: Taxmen arrest two in Bengaluru for fake ITC claims using 30 shell companies

Post Img

Paytm Recap 2023: 912 crore merchant payments made via Paytm in Q2FY24; Delhi made most payments between 12-6 am.

Post Img

Income Tax return filing for US Individuals

Contact us

Get In Touch With Us