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The September quarter results paint a bleak picture for the market

Corporate earnings at a 15-year low with no signs of improvement and an all-time high market cannot go hand-in-hand

November 19, 2019 / 09:21 AM IST
The September quarter results paint a bleak picture for the market

Shishir Asthana   The results season for the September 2019 quarter is over. There is more than one reason for which the quarter will be remembered, none of them encouraging. A Business Standard report says the quarterly results of the listed companies in India were the worst in the last 15 years. Excluding companies in the financials and oil and gas space, Indian firms posted a contraction in sales for the first time in four years. Overall sales contracted by 0.4 percent....

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