"PSU companies work on a very tight margin and if any slippages are there in the operations and the performance, probably we have a disappointment on the needs front that is one particular caution that one would like to exercise. At the same time, a year ahead as far as the election 2024 is concerned, this one-year time is likely to remain extraordinarily buoyant market condition for India markets."
PSU companies in the power, defence, and railways sectors have the potential to perform well. The government s focus on infrastructure development and increased accountability in PSU companies can lead to higher order intake. Mining companies could see better performance due to government support. As for Zomato and PB Fintech, investor exits have reduced the stock overhang, and the companies fundamentals have shown improvement."
"Jio platform could double its revenue and profits in the next two to three years, which is faster than the normal growth rate. The renewable segment is expected to see significant growth, with separate groups being formed for each vertical. Some brokerages maintain an underweight rating on Piramal Enterprises, but I see clarity in the company s long-term prospects. "
Deven Choksey says, "Coal India is expected to report higher numbers due to sustained elevated levels of production and better realization from the open options market. Overall the balance sheet looks relatively more positive than what we have seen up till now. Mid-tier pharma companies are also expected to show better performance, particularly those with specialty product portfolios such as Cipla and Sun Pharma."
"Companies like Reliance which are promising to unfold the valuation gain because of the separate listings of different businesses going forward, are available at a valuation which is far more attractive than before. One can also argue for companies like Bajaj Finance, Bajaj Finserv, where the potential of the business is also high and at the same time the execution is also matching up with the potential."