Industry Odisha Bureau, April 8: Despite the ongoing geopolitical tensions as well as the soaring crude oil prices, and even though most of the companies worldwide are reportedly bearing the brunt, the latest analysis of Motilal Oswal Financial Services (MOFS) has reportedly identified four Indian firms likely to post exceptional profit growth.
As per the MOFS latest strategy report, the four Indian firms expected to outshine are Tata Steel, JSW Steel, Titan and Eternal whereas Eternal has been reported to be the best profit growth performer.
The MOFS report reportedly stated that JSW Steel is likely to post “77.3% year-on-year (YoY) rise in profit to Rs 2,830 crore”, while Tata Steel is likely to post “55% YoY rise in profit to Rs 2,630 crore”.
Similarly, Titan company is likely to post “58.7% YoY rise in profit to Rs 1,380 crore”, while Eternal company would outshine the most among its other three Indian counterparts mentioned here as it is likely to post “432% YoY to Rs 207.5 crore”, as reported in the MOFS analysis.