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Prabhudas Lilladher says earnings recovery unlikely in Q2, suggests this portfolio

Updated : August 22, 2019 11:21 AM IST

According to a report by Prabhudas Lilladher, the demand pressures are unlikely to abate in Q2 and further deterioration can be seen.
The brokerage has removed HUL, Titan Company, Nocil, and L&T Tech and added Siemens, HCL Tech and Britannia in its top picks.
Early signs of demand recovery may be visible from 3Q, it said.
Prabhudas Lilladher says earnings recovery unlikely in Q2, suggests this portfolio

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