Rupee Playing Spoilsport For Earnings: Alchemy Capital
  • Nikita Setia
  • Jun 25 2013

“The worst is not yet over for earnings, but companies will see the benefit of lower crude expenses in 2-3 quarters,” says Hiren Ved, Director and CIO at Alchemy Capital Management. On the other hand, some companies may see an earnings upgrade on the rupee fall, he says.