Wednesday, 3 July 2013

Spectre of an earnings downgrade?

According to a recent RBI assessment, bank credit to most of the major sectors
continued to grow at a slower pace than last year, reflecting the continuing slowdown
in the economy.    Further, one of the broking houses has cut FY 14 EPS for 34

Development such as the above, raise one question.  
Is an earnings downgrade imminent?

1 comment:

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