The first six months of 2022 have proved volatile for domestic equity markets. Benchmarks Sensex and Nifty have registered double-digit cuts, while indices used to track second rung counters are down up to 17 per cent so far this year. According to the data from AceEquity, 392 stocks out of the BSE 500 index have … Read more
Mumbai: Analysts are slashing profit estimates of companies as the impact of the sharp run-up in raw material costs and demand slowdown in rural India are expected to reflect on earnings over the next couple of quarters. Downgrades in earnings estimates by analysts at leading brokerages have outnumbered upgrades in the past four weeks. Out … Read more
Mumbai: Nazara Technologies and divulged some of their earnings numbers to stock exchanges even before making the mandatory announcement of a board meeting date to approve the results. The move has raises eyebrows among some market participants, who allege the companies may have violated rules. In a business update for FY21 filed with stock exchanges, … Read more