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HINDUNILVR

Reputation: 642,713 • Nov 27, 2023 5:16 AM

View: Eminent rise of M&As

View: Eminent rise of M&As

Despite the global challenges of high interest rates and geopolitical uncertainties, the economy remains resilient, buoyed by rising domestic demand and sectoral recovery. The outlook for H2 FY2023 and FY2024 looks positive, suggesting a resurgence in deals as market valuations stabilise. The financial health of the Indian companies is underscored by data from S&P Global Ratings, which projects a remarkable 50% increase in EBITDA by FY2024, while debt levels remain stable. This reflects a positive outlook for the corporate sector, demonstrating the strength of India's economy in the face of global adversity.

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India's corporate sector is demonstrating strength and resilience in the face of global challenges, with a positive outlook for H2 FY2023 and FY2024.
• Indian conglomerates are driving M&A activity, competing effectively with foreign capital and reshaping the business landscape.
• Industries such as healthcare, life sciences, banking, and infrastructure are positioned to see more capital inflows in the coming years.
https://economictimes.indiatimes.com/opinion/et-commentar...
#HINDUNILVR #HDFCBANK #ACC 

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NSE:HDFCBANK price when posted: 1,532.1

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