Nifty Results Analysis – Q3 | 2016
Yesterday we analyzed earnings trend for constituent companies of the S&P CNX Nifty. On year-on-year basis (Q3 2015 to Q3 2016) earnings showed a growth of 5.0%. In comparison, average stock prices went down by 7.5% during the same period*. * Based on stock prices as on 1st January for each year. Current PE Valuation of the Nifty = 19.46 Excel […]