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Anand Sharma discusses the extensive impact of public sector enterprises in various sectors under government control, emphasizing the wide theme of PSU equity with a focus on power, oil, financials, logistics, metals, and mining. Sharma says , PSU equity fund is a thematic fund and should be a smaller part of any investors investable corpus.
Shreyash Devalkar of Axis Mutual Fund discusses the market volatility and potential growth areas like FMCG, private banks, and IT. He emphasizes the importance of monitoring valuations and anticipating a market turnaround for these sectors. He says that most of the volatility at the stock level is based on the result season.
Marico CEO discusses market share dynamics, rural recovery, deflation impact, and strategy focusing on premium segments. The company targets double-digit revenue growth, digital business expansion, and sustainable scale-up of Beardo and Plix portfolios. Gupta says: "We expect the digital business also to get into at least a double-digit EBITDA by FY27 with a 2x times growth and we believe that this business will contribute to, which is now 20%, over the next three years will be 25% of our overall portfolio in India."
Sandip Sabharwal advises caution in the market due to uncertain valuations and growth trajectory. He highlights investment opportunities in auto companies, consumer goods, and infra firms amidst global economic shifts and upcoming elections. Sabharwal says: "Post results, Dabur looked like a decent proposition because it has underperformed for so many years and that is one consumer company which is saying that they are releasing growth uptake."
Godrej Properties anticipates strong growth in FY25, leveraging active business development in key markets. The real estate company is also going to focus on timely customer cash collections and maintaining debt levels between 0.5 to 1 band for sustained growth. Godrej says: "we are kind of mid-cycle now so that we will have another good year of real estate demand ahead."