Expect Single-Digit Earnings Growth: Barclays Capital
  • Elizabeth George
  • Aug 08 2013

August 8: Bhuvnesh Singh, MD & Head of India Research at Barclays Capital, says the current earnings growth estimate for BSE 100 is at 15% for this year. “This overestimates a H2 pick up in the economy,” he says, pointing out that a weakening economy and tax rates are unlikely to be factored in. “BSE 100 earnings growth will be 8-9% at best,” he says.