Q4 FY24 Results Preview - Mixed Set Of Numbers Expected: IDBI Capital

"NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..IDBI Capital Report.In the upcoming Q4 FY24 result season, For banks net interest income growth to be strong led by loan growth and net interest margin pressure to ease. Deposit growth has increased and asset quality to improve given moderation in slippages.In IT, Q4 FY24 we don’t expect upgrade as delayed decision making, slower ramp up in deals and slower deal conversion to be key hindrance. Crude is inching up and thus could impact margin for sector which are commodity consumers in FY25E.In Q4 cement Ebitda to be weak given price cut by the company to push the volume. Overall Nifty-50 is largely range bound and is up ~3% in Q4 FY24 and trades at valuation of 20 times 12 months forward earning per share versus historical average of 18 times..Click on the attachment to read the full report:.Nifty, Sensex Hold On To Gains Ahead Of US CPI, Fed Minutes: Midday Market Update.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Q4 FY24 Results Preview - Mixed Set Of Numbers Expected: IDBI Capital

We expect net interest margin pressure to ease during Q4 led by stable deposit rates for banks.

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Q4 FY24 Results Preview - Mixed Set Of Numbers Expected: IDBI Capital

We expect net interest margin pressure to ease during Q4 led by stable deposit rates for banks.

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