While the Market Boomed, NSE 200 Companies Found the Going Tough in the March Quarter
While the Sensex shot up from 36,068 on 31 December 2018 to 39,529 on 6 June 2019, or 10%, companies have struggled to match that enthusiasm. March 2019 was a tough quarter for even the best Indian listed companies. Of the 195 companies in the NSE 200 that have reported their results, revenues rose 11% for the quarter while their operating profit was up just 9%. Five of the NSE 200...
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