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This Article is From Aug 30, 2022

Q1 FY23 Review - Earnings Muted Despite Price Hikes: KRChoksey

Q1 FY23 Review - Earnings Muted Despite Price Hikes: KRChoksey
An analyst monitors price chart performance. (Photo: Unsplash)
STOCKS IN THIS STORY
Nifty Smallcap 50
--
Nifty Smallcap250 Quality 50
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NIFTY NEXT 50
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Nifty Midcap150 Momentum 50
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NIFTY Midcap150 Quality 50
--
Nifty Low Volatility 50
--
Nifty High Beta 50
--
Nifty Financial Services 25/50
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Nifty Alpha 50
--
NIFTY 500
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Nifty 50
--

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

Earnings take a hit owing to higher input costs impacting the margins for the companies.

Oil and gas, automobiles and consumer sector were the worst hit sectors in Q1 FY23, whereas banking, financial services and insurance sector stands out owing to strong business momentum and lower provisions giving a boost to earnings.

The quarter witnessed a revival of the capex plans across the sectors. Reserve Bank of India hiked its core rates by 90 basis points owing to higher inflationary pressure during the quarter. Geopolitical risks continue to hit the earnings.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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