FY 24 Wrap Up *Winners* *Automobiles:* - Revival after | ACEink Official

FY 24 Wrap Up


*Winners*

*Automobiles:*
- Revival after 5-year slump.
- Strong across all segments.
- Market may underestimate competition/disruptions.

*Real Estate:*
- Companies surged 2x.
- End of 10-year slump, 3-year upcycle.
- Possible consolidation & land acquisitions ahead.

*PSU Banks:*
- Favored over private banks.
- Smaller cos may have stretched valuations.
- Large banks may remain stable.

*Pharma:*
- Big players emerging from earnings consolidation.
- Returns not extraordinary in 5-8 years.

*Other Commodities & Energy:*
- Niche segments like Railways, Defence excelled.

*Losers*

*Private Banks & IT:*
- Poor performance despite 50%+ index weight.
- IT downside limited, potential for earnings growth.

*Media:*
- Disruptions from OTT platforms.
- Governance and competition concerns.

*Consumption:*
- Wealth creation driver, now facing challenges.
- High valuations, inflation, weak rural demand.

Disclaimer : This is not an investment advice and this is not an investment recommendation.