May 26, 2015

Nifty Companies Aggregate Profits Have Fallen 21%


Nifty results continue to be HORRIBLE. I can’t even begin to tell you how bad the situation is, but see this today. Three Nifty companies announced results. And they were like this:

BHEL saw consolidated profits fall 59%
Tata Motors saw consolidated profits fall by 56%
Tech Mahindra saw consolidated profits fall by 39%

Even RBI is starting to say the worst is yet to come. Whatever happens, don’t ignore your stop losses. And remember that in such a market, investing in a consistently profitable company is probably even more important than ever before.

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