The fall in GST tax rate has come at the right time and a shot in the arm for FMCG companies. We should see a pickup in volume growth at the end of FY18-19. But, profitability could take a knock or remain at current levels, Pramod Gubbi, Head of Equity at Ambit Capital said..
Donât expect any more rate cuts by the RBI going ahead; see some pickup in inflation: Ambit Capital. This article is published at 14 November 2017 06:06 from MoneyControl Stock Market News, click on the read full article link below to see further details.
Donât, expect, more, rate, cuts, going, ahead, some, pickup, inflation, Ambit, Capital