UBS sees MSCI India earnings growth of 10-12% over two years
In short
UBS said MSCI India earnings may rise 10% to 12% in dollar terms over the next two years. The firm also said bank stocks look cheap compared with history.
It pointed to companies linked to power and data centers as possible winners. The report does not name all the stocks or explain the full forecast.
What the reporting says
UBS said MSCI India earnings could grow 10% to 12% in dollar terms over the next two years, according to a publisher summary of remarks by UBS Global Research strategist Sunil Tirumalai. The note also said banking stocks still look attractive on valuation, and pointed to power and data center-linked companies as opportunities. The reporting does not give a full list of names or detail the forecast assumptions.
Why it matters
UBS’s outlook focuses on MSCI India and suggests earnings growth of 10% to 12% in dollar terms over two years. The publisher summary says Sunil Tirumalai sees value in banking stocks and also likes companies tied to power and data centers because of rising infrastructure and electricity demand. The exact valuation basis and the specific companies remain unstated in the available reporting.