Inside 11-quarter high earnings pomp, 46 companies may wipe out up to 84% of their Q2 profits
· economictimes.indiatimes.com
At least 46 companies are expected to report double-digit profit declines in Q2, despite Motilal Oswal projecting 22% earnings growth for its coverage universe. Autos, cement, healthcare, consumer and capital goods are among sectors facing pressure, highlighting the uneven nature of the September-quarter earnings recovery.
Autos see margin pain despite sales growth
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Cement remains a major weak spot
Consumer names face selective pressure
Other pockets of weakness
Ov...