India Inc earnings downgrades worst since 2020. Are we staring at a bear market?
- Posted on November 11, 2024
- By Business News Today
- 3 Views
India Inc earnings downgrades worst since 2020. Are we staring at a bear market?
Indian companies are facing their most significant earnings downgrades since the start of the COVID-19 pandemic in 2020, causing concern among investors. Factors like heavy rains, reduced government spending, and slowing demand in sectors like FMCG and retail have contributed to this trend.