According to Bloomberg consensus estimates, about 63% of the NSE 500 companies have seen earnings downgrades in the last four weeks. The number of earnings downgrades during the past four weeks was 165. That compares with 98 upgrades.
Did Goodluck India shares really crash 66% in just one day? Here’s how the bonus math works
Goodluck India shares appeared to plunge 66% after adjusting for the company’s 2:1 bonus issue, but the stock was down only around 4% on an