Earnings estimates of India Inc take a hit

Earnings estimates of India Inc take a hit

MUMBAI: Analysts have begun downgrading earnings estimates for India Inc amid local lockdowns and curfews due to the second wave of Covid that’s led to a demand slowdown. More than 80 companies in the NSE 500 universe have seen a downgrade in earnings per share (EPS) estimates in the last four weeks. Nifty consensus earnings … Read more