Europe revenues are likely to grow 23 percent YoY

These 10 stocks may double their net profit on YoY basis in Q1 FY19

canada goose deals India Inc will start unveiling results for the quarter ended June starting this week, beginning with bellwether IT names like Tata Consultancy Services and Infosys. Most brokerages expect a double digit earnings growth for Nifty companies in Q1 FY19. canada goose deals

Rupee depreciation versus the dollar, higher current account deficit and rising crude prices canada goose uk black friday remain a concern. Experts see some recovery in the banking sector as much of the asset quality pain is already recorded and Canada Goose Coats On Sale insolvency resolutions are underway.

Revival in rural demand on the back of a normal monsoon, higher minimum support price and positive sentiment is benefitting canada goose uk outlet the domestic consumption canada goose clearance theme. With significant stress recognition already undertaken by banks, asset quality would be relatively better in Q1 FY19e.

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“We expect revenue growth to further accelerate to 15 percent YoY in Q1 FY19e given the canada goose clearance sale broad based pick up across sectors, except telecom. Going forward, with much of the asset quality pain already recorded, IBC resolutions underway canada goose uk shop in the banking space, firm rural demand and pick up in industrial activity, we expect earnings to stage an impressive recovery, growing in excess of 20 percent CAGR over FY18 20e,” it stated.

Canada Goose Jackets The first six months of 2018 was Canada Goose Jackets like canada goose coats on sale a roller coaster canada goose black friday sale ride for Indian markets. The next cheap canada goose uk six months are unlikely to be any different, but one thing which provides comfort is earnings growth that could hit the double digit market in the next 2 fiscals. Canada Goose Jackets

canada goose coats on sale Risk for the market remains more on the downside than on the upside, Mahesh Nandurkar, India Strategist, CLSA, said in an interview to CNBC TV18. Even though the earnings multiple remains high for the Indian market, the brokerage is confident of a strong economic recovery in the next 2 Canada Goose Outlet fiscals. canada goose coats on sale

canada goose clearance “We are building a reasonable 20 percent earnings growth in FY19 and FY20 with a bottom up perspective. The earnings downgrade trend has not ended as yet, as even in the March quarter results we saw some downgrades. In FY19, there is still a risk to uk canada goose the downside in certain sectors,” he stated. canada goose clearance

canada goose black friday sale Here is canada goose factory sale a list of top 10 stocks from different brokerages that may more than doubled their net profit on a YoY basis in the June quarter: canada goose black friday sale

From Kotak Institutional Equities

canada goose clearance sale Apollo Tyres: PAT likely to grow 173 percent YoY canada goose clearance sale

Kotak Institutional Equities expects Apollo Tyres’ Q1 net uk canada goose outlet profit to grow 173 percent YoY to Rs 241.80 crore. Net sales are likely to rise 21 percent YoY to Rs 3,988.90 crore.

cheap Canada Goose Standalone revenues are expected to increase 20 percent YoY due to: 1) 19 percent YoY increase in tonnage volumes on the back Canada Goose Online of a strong pick up in the medium and heavy commercial vehicle segment (partly due to lower base) and continued strong growth in the buy canada goose jacket cheap passenger vehicle segment, and 2) Slight increase in average selling price. cheap Canada Goose

Canada Goose online The brokerage expect earnings before interest, tax, depreciation and amortisation (EBITDA) margin to remain flattish on a sequential basis (up 590 bps YoY) as price increases will offset raw material cost pressures. Europe revenues are likely to grow 23 percent YoY, led by double digit volume growth and benefit of the euro appreciation versus the rupee. Canada Goose online

Canada Goose Outlet Ashok Leyland: PAT likely to grow 234 percent YoY Canada Goose Outlet

It expects net profit of Ashok Leyland to grow 234 percent YoY to Rs 372.30 crore in Q1. EBITDA is likely to grow 111 percent YoY as it canada goose coats expects EBITDA margin to improve 290 bps due to operating leverage benefits. This despite a 160 bps YoY decline in gross margin due to increase in commodity costs.

canadian goose jacket MRF: PAT may grow 258 percent YoY canadian goose jacket

The brokerage expects MRF’s net profit to grow 258 percent YoY to touch Rs 382.30 crore for the quarter ended June. It expects revenues to grow 15 percent led by Canada Goose online strong double digit volume growth across segments and 1 2 percent higher realisations on account of price increases undertaken by the company. Kotak Institutional Equities has found a strong pick up in two wheeler replacement segment volumes. EBITDA margin is likely to remain largely flattish on a sequential basis (up 1,020 bps YoY) as RM cost pressures will be offset by price increases.

buy canada goose jacket cheap Jubilant FoodWorks: PAT likely to grow 168 percent YoY buy canada goose jacket cheap

canada goose coats Kotak Institutional Equities expects net profit of Jubilant cheap Canada Goose FoodWorks to grow 168 percent YoY to Rs 64 crore. EBITDA margin is likely to expand 400 bps YoY despite a 245 bps contraction in gross margin, aided by leverage, cost saving initiatives and Goods Service Tax related opportunities. canada goose coats

canada goose United Spirits: PAT may grow 284 percent YoY canada goose

Canada Goose sale It expects net profit of United Spirits to grow 284 percent YoY to Rs 242.10 crore for Q1. “We model a 14 percent net revenue growth led by 9.3 percent growth in underlying buy canada goose jacket volumes Canada Goose Parka off a low base. On a reported basis, we expect lower volume growth of 8.2 percent YoY on account of low end franchising impact.” The domestic brokerage firm modelled 245 bps YoY expansion in gross margin on account of RM softness. GST related trade channel disruption witnessed in H1 FY18 normalised in Q3, driving volume growth in Q4 and is expected to drive volumes in Q1 FY19 also (Q1 FY18 saw steep volume de growth of 17 percent YoY). The brokerage expects margin to surge 550 bps on robust topline numbers Canada Goose sale.