With investors comparing pre-and post-Covid returns, these expectations may not come through, said Shreyash Devalkar, head of equity at Axis AMC. (Image source: Envato)
The blues of earnings growth have been evident on the markets, especially following the third quarter earnings, and are stronger now due to the past run-up in the markets, according to Shreyash Devalkar, head of equity at Axis AMC."In earnings, the top line growth was as slow as last year. Which means the top line growth was slow last year as well, but the margins were good. This led to bottom line growth," said Devalkar.The fall has...