While the Market Boomed, NSE 200 Companies Found the Going Tough in the March Quarter
Moneylife Digital Team 07 June 2019
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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