- Wealth PMS
More results today:
Nifty EPS is up to 239+, with results of companies weighing 80% of the Nifty already known. Left are a few big folks (DLF, RCOM, PowerGrid, Unitech, Nalco, Wipro, ITC, TataSteel, Suzlon) and a few smaller ones (TataMotors, TataComm, PNB, M&M, HCLTech).
Will be interesting to see where we end up on Aug 2 when all results are out. P/E is 17+ even now. (To match P/E, Nifty EPS needs to end up at 258, but that is unlikely. Maybe 12% growth now?)