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Why Morgan Stanley’s Ridham Desai Expects 10-15% Earnings Growth
“The coming Samvat may just be a fantastic year. Let’s say all the cards are lined up favourably,” says Ridham Desai.
Equity investors are underestimating earnings growth in India and asset prices still have a considerable upside even as the benchmarks are at a record high, according to Morgan Stanley's Ridham Desai.“Right now, the market is still not in that camp that we’re going to get a big positive growth on earnings over the next 12 months,” Desai, managing director at Morgan Stanley India, told BloombergQuint’s Niraj Shah in an interview. “The...
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