Earnings per share or EPS is an important financial measure, which indicates the profitability of a company. It is calculated by dividing the company’s net income by its total number of outstanding shares. Signs of a falling EPS do not bode well. Here’s a look at four Nifty stocks that saw over 5% EPS downgrades post Q3. (Source: MOSL)
Death Crossovers: These 5 stocks signal bearishness on March 17
In the Nifty500 pack, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness.