Did Nifty companies pass Q1 test with flying colours? Here’s the Street view

August 19, 2022

ICICI Securities said Nifty EPS in the June quarter came in at Rs 177 per share, down 14 per cent QoQ. “Major disappointment came in from the oil & gas sector wherein marketing margins came in lower than estimated. However, capital goods, metals and mining and pharma space surprised on the positive side.

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Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk

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