“I am hoping that some of that hit in the margins will come back in the second half of this year and also next year. So we will still end up at 13-14% earnings growth for the next two years which means that for FY25, if the Nifty EPS is somewhere in the region of 1,050-1,070, we should be able to eke out double digit returns in 2023 on the Nifty.”
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