Financial report predicts Indian corporate earnings improvement in 2025, driven by government spending and strong crop season.

Motilal Oswal's report forecasts an improvement in corporate earnings in India for the second half of financial year 2025, driven by increased government spending, a strong Kharif crop season, and rising rural demand. Despite facing challenges like flat spending and weather disruptions in the first half, the outlook suggests a recovery, with expected earnings growth now projected at 5%, down from earlier estimates. The Nifty's earnings per share have seen recent cuts, and the market continues to trade close to its long-term average valuation.

November 17, 2024
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