162 companies to report Q4 earnings on Wednesday. Nykaa expects 24% BPC and Fashion GMV growth, while Paytm faces a revenue decline from RBI actions. Analysts also predict pressure from discounting and lower advertising income.
Q4 results on May 22: Petronet LNG, New India Assurance, Metro Brands, Gland Pharma, Sundram Fasteners, Minda Corporation, Gujarat Pipavav Port, HEG, Star Cement, and Indigo Paints, are also among the 32 companies that will announce their Q4 earnings today.
Grasim Industries, Sun Pharma, Power Grid Corporation, Paytm, Nykaa, Ashoka Buildcon, Dhanlaxmi Bank, GE Power India, Gland Pharma, GMM Pfaudler, HEG, Jubilant FoodWorks, New India Assurance Company, and Unichem Laboratories will announce their March quarter earnings on May 22.
Stock Picks: Multibagger Ashoka Buildcon, IRB Infrastructure Developers, GPT Infraprojects, Kalpataru Projects share prices have risen up to 354% in last one year. NCC, PNC Infratech share prices have also gained 50-97%. Good execution is expected in Q4 though order inflows decline
While government policy impacts every sector in one way or another, there are some sectors where government policy is the most important factor both for growth and survival. Why it is important, because all of the spending in that sector is done by the government, it could be central or the state government. At first, it was the central government, but if one looks at how important it has become for gaining political capital, every state government has been focusing on road and highway construction. The impact of a coordinated effort between state and central government is that the lead time for the construction of roads comes down very sharply. This has a positive impact on the bottomline of the companies, right from lower requirement of working capital to higher turnover in terms of companies being able to securitize their assets to other players or private equity funds and move on to take on other projects leading to higher growth in bottomline.