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https://www.canada-gooseoutlets.ca Canada Goose Online The March quarter earnings will offer a glimpse of the damage and the bigger dent could come in the upcoming quarters, say experts.”For the most part of Q4 FY20E, the quarter progressed reasonably well.Consumers, private banks (benefit of low base) and healthcare are expected to be the outperformers this quarter and all the key matrices could show multi quarter low growth.”The Nifty sales are estimated to decline 10% YoY, while EBITDA/PBT/PAT should decrease 9%/21%/20% YoY in 4QFY20. Our FY20/FY21 Nifty EPS estimates are revised downwards by 8%/27%,” Motilal Oswal said in a report.”We now expect Nifty FY20 EPS to remain flat at INR485 while FY21 Nifty EPS is now projected at a muted 3% growth to Rs 499. Estimating earnings in such fluid global and local environment is fraught with risks, and to that extent, is expected to undergo more revisions as we move forward in FY21,” it said.From an investor’s perspective, valuations have come down, and investors should look beyond disruption in earnings in FY2021 and accumulate quality companies, say experts.A list of 10 stocks collated from various brokerage that could see more than 100 percent or double net profit in the March quarter on a YoY basis:Note: Stocks mentioned are for reference and not buy or sell ideasBrokerage Firm: Motilal OswalTata Consumer: PAT likely to rise by more than 1000%Motilal Oswal sees more than 1,000 percent growth in the net profit for Tata Consumer on a year on year basis. Canada Goose Online
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