Nifty 50 companies likely to log strong double-digit growth in Q2 ↗
Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by sectors like automobiles, banking, and oil. Operating margins, however, might contract slightly due to input cost pressures and inflation. Key sectors show varied conditions, balancing strong demand against potential challenges. Overall, medium to long-term outlook remains optimistic, despite some near-term volatility.
2 sources
- The Economic Times Markets · 7 Oct, 06:22 IST
- The Economic Times Stocks · 7 Oct, 06:22 IST
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