Q4 FY21 Earnings Preview: IDBI Capital
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IDBI Capital Report
The report contains sector-wise Q4 FY21 earnings preview.
Automobile: Lower base and revival in demand to improve overall performance.
Banking and Finance: Clarity over non-performing asset formation as Supreme Court stay vacated.
Cement: Energy prices is key thing to watch.
Construction: To benefit from normalization of business.
IT Services: Another strong quarter for growth.
Metals and Mining: Record profits; sharp deleveraging likely in Q4 FY21.
Mid-Cap: Sequential earnings growth encouraging.
Oil and Gas: Higher prices and refining margins to weigh on result.
Consumer and Retail: Paint sector likely to maintain the momentum of positive surprise.
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