India Metals, Mining - The New Reality Check: Dolat Capital

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.We downgrade our estimates for the coverage companies to factor in impact of-underlying commodity price damage as well as government intervention,higher than previously expected rise in bond yields, implying higher terminal rates for this hike cycle,significantly higher odds of a recession in the U.S. / markdown for global and India domestic demand.The above headwinds, while known earlier, have intensified much more and hence the downgrades and lower multiples.We downgrade our estimates and multiples factoring volume growth, profitability risk and account for slowdown.Key risks to our stance are-inflation topping out earlier and sharper versus current consensus,China stimulus and reopening shifting sentiment for commodities,previous mentioned events lead to reversal in Indian government stand on export duties et al..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

India Metals, Mining - The New Reality Check: Dolat Capital

India Metals And Mining - The New Reality Check: Dolat Capital

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