Insights Magazine – January, 2018

We have had a market that has been very positive over the last one year, driven by liquidity backed by government reforms, viz, demonetisation, GST, bankruptcy reforms and banking recapitalisation. These reforms – in the medium to long-term – are
going to have a very positive impact, not with standing intermittent political issues. I also think the market is being significantly supported by expectations that these reforms will yield the desired results and ultimately corporate earnings will move up. Let me now discuss how our individual businesses have done in the recent past.