TMS Ep167: Q4 FY22 corporate earnings, Sunil D'Souza, markets, RuPay

What do the Q4FY22 results so far have to say about the state of play in India Inc? Going ahead, what can investors expect in terms of corporate earnings growth and the performance of mid- and small-cap stocks? 
 
Among instances of corporate results beating estimates in Q4, Tata Consumer Products reported strong operating performance, led by gross margin expansion during the period. This was, despite volume softness in certain commodities. In a recent interview with Business Standard’s Sharleen D’Souza, Tata Consumer Products MD and CEO Sunil D’Souza shares his strategic roadmap for food and non-food businesses. 

Tata Consumer Products posted a strong operational performance in Q4FY22. But rising bond yields and anxiety ahead of Q4 numbers kept the market action subdued last week.
However, D-Street experts expect the upcoming trading sessions to be volatile for equities as earnings seasons take off in full swing, with no ease in global headwinds. We find out all that will shape the markets’ trajectory this week.
 
In a recent interview with Business Standard, Praveena Rai, chief operating officer of National Payments Corporation of India, had said that the aim was to take RuPay to everyone — be it debit, prepaid, or credit cards — and serve the entire population. That’s an ambitious goal, and will take time to reach fruition. In the meantime, let’s understand exactly what RuPay is, in this episode of the podcast. 

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