These 4 stocks with strong financials can be good long-term bets
Since January 2020, the fear and uncertainties associated with coronavirus and its implications on the economic growth have spooked investors worldwide. The MSCI World market index (ex-USA) lost close to 12% year-to-date. The BSE Sensex lost over 39% from its all-time high between January 2020 and March 2020. However, after a slew of monetary and fiscal measures by the RBI
According to a research report by Motilal Oswal, the system level inventory is expected to normalise by November-December 2020, and therefore, 2021-22 should turn out to be a normal year. The brokerage house believes that the company will continue to outperform its peers and expects 2019-20 to 2021-22 revenue, EBITDA, and adjusted PAT CAGR of 7%, 8%, and 8% respectively.