46 companies may see up to 81% profit decline in Q2
after close1 source ↓machine-written, see hownot a recommendation
- are projected
- 46 companies
- for the Nifty
- 27% YoY
At least 46 companies are projected to report a double-digit fall in net profit for Q2, despite an overall earnings growth of 27% YoY for the Nifty. Key sectors affected include autos, cement, and healthcare. The market remains fragile due to foreign selling and high crude prices, indicating potential pressure on these stocks.
Not investment advice. For informational purposes only.