Tech Mahindra Q4 result preview: Tech Mahindra s revenue growth in Q4 may remain muted, and profit numbers could fall year-on-year. However, the IT firm is expected to report a sequential rise in profit numbers due to the low base of the last quarter.
Q4 auto sector is poised for revenue growth of 15% with EBITDA expected to rise by 28%. Brokerages foresee flat margins for some OEMs. Positive 2W demand trends noted. Top picks include TVS and Tata Motors.
Q4 earnings preview indicates private banks may outperform public sector lenders due to tight liquidity. JM Financial expects 5% earnings growth, while analysts focus on NII growth, asset quality improvement, and stock outlook based on deposit performance.
As Q4FY24 earnings season begins, Motilal Oswal estimates Nifty earnings to grow 6% YoY. Among stocks, the brokerage expects 5 Nifty50 constituents to witness over 45 percent surge in their net profit on a year-on-year (YoY) basis in Q4FY24. Let s take a look at these stocks:
Most brokerages anticipate that the trend of capacity expansion will persist throughout the sector. Investor attention will remain focused on management commentaries for insights into plans to expand capacity, as well as the potential impact of this on profitability and margins.