Motilal Oswal Financial Services reports strong earnings in fiscal year 25’s fourth quarter. Growth exceeded expectations, reaching 10%. Midcaps led with 19% earnings growth. Government capex spending increased in March and April. While commodity prices are a concern, 12-15% earnings growth is expected for fiscal years 26-27. Select PSU banks and commodity stocks offer reasonable valuations.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets