The price-earnings ratio of the benchmark MSCI Emerging Markets Index, based on trailing 12-month profits, has fallen below its price-earnings ratio based on estimated earnings for the next 12 months, showing that analysts expect earnings to fall faster in the future than currently.
Bharat Dynamics Q4 Results: Net profit tumbles 59% to Rs 113 crore; dividend announced
Bharat Dynamics reported a 59% YoY net profit drop to Rs 113 crore for Q4 FY26, with revenue declining 73%. For the full fiscal year,