{
}
BNP Paribas anticipates a rebound in the IT sector, projecting high single-digit to near double-digit growth by FY27, despite current challenges. Analyst Kumar Rakesh advises investors to wait until April for a better entry point, as earnings cuts and conservative guidance are expected to stabilize the sector. He highlights Persistent Systems as a notable midcap stock while cautioning about macroeconomic risks.
BNP Paribas analyst Kumar Rakesh asserts that Tesla poses no threat to Mahindra in India, citing high pricing and lack of local manufacturing as barriers. He predicts Mahindra will lead growth in the automotive sector by 2025-26, driven by successful model launches and a strong farm equipment business. Meanwhile, the two-wheeler market struggles with financing issues, impacting lending and growth.
Kumar Rakesh, BNP Paribas’ India analyst for IT and automotive, expresses a positive outlook on India's automotive sector, highlighting strong export potential for passenger vehicles and motorcycles. He emphasizes India's increasing attractiveness as a manufacturing hub and shares insights on expectations for the budget impacting the automotive and IT industries.
Kumar Rakesh
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
BNP Paribas advises caution before investing in IT stocks until April
12:10 20.03.2025
Tesla unlikely to disrupt Indian market as Mahindra leads growth
12:04 03.03.2025
India's automotive sector shows strong potential for growth and exports
06:20 21.01.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Retail and Consumer Goods
Supply Chain Management
Global Trade Developments
Government Economic Policies
Workplace Trends
Stock Market Updates
Industry Mergers & Acquisitions
Fintech Startups
Venture Capital Investments
Finance Mergers & Acquisitions
CEO Changes
Financial Scams and Security
Emerging Startups
Cryptocurrency Trends
Cryptocurrency & Blockchain Regulations
Funding Rounds & Investments
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Google Inc.
Alphabet Inc.
NVIDIA Corporation
Tesla, Inc.
Microsoft Corporation
Amazon.com, Inc.
Delhivery Limited
Ecom Express Ltd.
Foxconn Technology Co., Ltd.
Samsung SDI Co., Ltd.
SWIGGY LIMITED
UWS JP Morgan EM A OSB
Netflix, Inc.
Airbnb, Inc.
Adobe Inc.
GEELY AUTO
TENCENT
CarTrade Tech Limited
Concrete Credit Limited
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
South Korean Won
Algerian Dinar
Vietnamese Đồng
Indonesian Rupiah
Australian Dollar
Egyptian Pound
Saudi Riyal
Swiss Franc
British Pound Sterling
Russian Ruble
Pakistani Rupee
People: