India’s stock market rebound is gaining traction, with PL Capital’s latest report projecting Nifty at 27,958 in 12 months under base assumptions—bullish to 30,497, bearish to 26,486.
Built on 20x forward earnings in optimistic times, the outlook underscores steady EPS uptick of 3.8% and 16.3% medium-term CAGR to FY28. Corporates flex muscles: 9.9% revenue growth, 16.4% EBITDA, 16.7% profits.
India stands at a growth inflection, thanks to policy steadiness, trade wins, and infra surge—priming for next-level expansion.
Consolidation era ends; optimism dawns anew. Earnings wobbles aside, fundamentals stand tall.
‘From cyclical mends to structural ascent,’ notes Amanish Agarwal of PL Capital. ‘Capex acceleration and productivity leaps kick off years of compounded stock gains.’
The India-EU FTA exemplifies trade prowess, igniting growth. Textile, seafood, leather, gems, chemical, machinery sectors—labor hubs—brace for windfalls.
Seafood, leather, gems exports, employment engines, eye demand boom. Infra-defense momentum lifts capex and engineering stocks.