Indian earnings growth expected to be at 3-year low, says Morgan Stanley By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2024
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Source: Investing.com
Earnings Growth Outlook: Indian corporate earnings growth is projected to slow to its lowest level in three years, with Morgan Stanley estimating only 4% year-on-year growth for revenue and net profit across their coverage universe, amid weak revenue expansion and sluggish margin improvement.
Sector Performance and Recommendations: Defensive sectors like Communication Services and Health Care are expected to outperform, while Materials and Energy may decline. Analysts recommend selective exposure in large private banks, consumer stocks, and IT services as companies face challenges from rising costs and market uncertainties.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








