Principal Mutual Fund Expects 15-20% Growth In 2018-19

Gold Silver Reports (GSR) – Principal Mutual Fund Expects 15-20% Growth In 2018-19 – Principal Mutual Fund expects about 15-20 percent earnings growth in the current financial year, its Chief Investment Officer – Rajat Jain.

Key highlights from the conversation:

✅ See interest coming back in capital goods, but most companies are expensive, need to be selective.

✅ Seeing growth in domestic cyclicals like auto, cement, paints.

✅ Overweight on domestic cyclicals, neutral on it sector now.

✅ Earnings so far in-line with market expectations.


J Kumar Infraprojects Gains After Order Win

Shares of the infrastructure developer rose as much as 3.4 percent, the most in over a week to Rs 287.

The company won an order worth Rs 445 crore for Pune metro, according to its stock exchange notification.

Trading volume was 4.6 times its 30-day average, Bloomberg data showed. The stock declined 5.2 percent so far this year.

Spread the love

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

Leave a Comment