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Has the season of stock downgrades begun?

The January-March quarter earnings season has entered into the fourth week and several top corporates have already reported their earnings. However, not many have satisfied the street and there have been several ratings downgrades.

April 25, 2011 / 19:22 IST
     
     
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    The January-March quarter earnings season has entered into the fourth week and several top corporates have already reported their earnings. However, not many have satisfied the street and there have been several rating downgrades.

    The big fat thumbs down came from Credit Suisse which downgraded its rating on software services provider Tata Consultancy Services to "neutral
    first published: Apr 25, 2011 03:43 pm

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