Some companies have reported October-December quarter earnings kick-started by Infosys, while most of them are expected to announce results. Key earnings announcements this week included ITC, HDFC Bank, TCS, IndusInd Bank, Axis Bank and Bajaj Auto. Almost all of them reported numbers broadly in-line with market expectations.
Motilal Oswal expects Sensex Q3FY14 PAT to grow 13% YoY. "Within Sensex, top 5 PAT growth companies are: Tata Steel (loss to profit), Bharti (+299% YoY), Tata Motors (+89%), TCS (+48%) and Sun Pharma (+44%). Top 5 PAT degrowth companies: BHEL (-56% YoY), State Bank (-33%), Sesa Sterlite (-21%), Tata Power (-10%) and Coal India (-8%)," it adds.
So, as October-December quarter earnings session is in full swing, here are 10 stocks that Motilal Oswal recommends to buy.
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Best bets: 10 stocks to buy during Oct-Dec quarter earnings season
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Best bets: 10 stocks to buy during Oct-Dec quarter earnings season
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Best bets: 10 stocks to buy during Oct-Dec quarter earnings season
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