18 companies in Nifty-50 miss estimates in September quarter, shows data

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However, BPCL, Coal India, IndusInd Bank, Ultratech Cement, Nestle, Kotak Mahindra Bank, NTPC, and Bharti Airtel missed the profit estimates for 2QFY25.

Almost 18 companies among the Nifty-50 index have missed estimates for the quarter ended September this year, while 15 companies have beaten analysts’ estimates, as per Bloomberg data.

These companies also represent 50 per cent of India's market capitalisation and hold an 81 per cent weight in the Nifty index.

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Category: BusinessFinance

Markets: India

Topics: Motilal Oswal Nifty50 Stock market trading

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Article Type: News Report

Published On: 2024-11-03 @ 19:57:23 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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