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Fy17 Earnings

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See sharp cuts in FY17 earnings; rural most hit: Religare Cap

Unless currency disbursements improve and liquidity returns to the system quickly, the impact of demonetisation on economy and corporate performance could be much more severe than anticipated; that is the feedback from a survey done Religare Capital Markets through a road-trip that concluded recently.
Risk of more downgrades to earnings estimates remains high: CLSA

"Although a low base would help earnings growth reach double digits from September 2017, risk of further downgrades to consensus earnings estimates remains high, Mahesh Nandurkar of CLSA says.

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Fy17 Earnings

See sharp cuts in FY17 earnings; rural most hit: Religare Cap

Risk of more downgrades to earnings estimates remains high: CLSA