Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Earnings in Contrast with Market Trends
May 2, 2017


The earnings season for the final quarter and financial year FY17 has kickstarted. And while the markets are touching new highs, there is nothing to cheer about India Inc performance.

135 companies have declared results so far. As an article in Business Standard suggests, the earnings growth has slid from 15.6% in FY16 to just 7.2% in FY17, making it the worst in three years. This is despite the lower tax outgo and other income boost in FY15. Domestic market focused companies too have slowed down due to demonetisation.

One must note that the actual performance for the last quarter of FY17 has been much below brokerage estimates.

So how can one make money in a rising market, with little support from earning trends and with brokerages getting it all wrong?

I believe a few super investors could provide the clue. These are the guys who've beaten the markets black and blue and have an eye for multi bagger stocks irrespective of the macro environment.

With respect to which super investors to follow, my colleague Kunal and Rohan have could be of great help courtesy their project, The Superinvestors of India.

What more, they are also tracking promoter activity and bulk and block deals to get insights on where the more knowledgeable investors are putting their money.

To know more about these superinvestors and their stock picking approach, download a free copy of - The Super Investors Of India.

Data Source: Business Standard, Capitaline
*ex financials

This Chart Of The Day was published in The 5 Minute WrapUp - How Are You Protecting Yourself against This Roaring Bull Market?

Equitymaster requests your view! Post a comment on "Earnings in Contrast with Market Trends". Click here!

  

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS