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)
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.