Not shocked or excited by earnings results: IV Subramaniam, Quantum AMC

In a chat with ET Now, IV Subramaniam, MD & CIO, Quantum Advisors, Director, Quantum AMC, shares his views on earnings of companies.

ET Now: From amongst the earnings that have come out, which pocket has impressed you or disappointed you the most?

IV Subramaniam: I do not really focus on the quarterly numbers. From a trend perspective, most of the numbers seem to be in line with what we had assumed. It may not be in line what the markets had assumed but we did expect the infra and engineering companies to show some sort of pick up in the orders. But at the same time, we did not see any margin improvement. They are playing out as expected. So I am neither shocked nor excited with the results till now.