scorecardresearchSharp earnings downgrade, uncertain outlook impede small-cap recovery

Sharp earnings downgrade, uncertain outlook impede small-cap recovery

Updated: 24 Aug 2022, 11:32 AM IST
TL;DR.
According to a recent report by BofA Securities, the earnings estimate for the Nifty Smallcap Index has been cut by 7 percent and 1 percent for 2022-23 (FY23) and 2023-24 (FY24), respectively, this year.
According to a recent report by BofA Securities, the earnings estimate for the Nifty Smallcap Index has been cut by 7 percent and 1 percent for 2022-23 (FY23) and 2023-24 (FY24), respectively, this year.

According to a recent report by BofA Securities, the earnings estimate for the Nifty Smallcap Index has been cut by 7 percent and 1 percent for 2022-23 (FY23) and 2023-24 (FY24), respectively, this year.