Nifty 50 firms likely to post a growth of just 6.7% in Oct-Dec bottom line
The Nifty 50 companies are expected to report moderation in top line growth for the third-quarter of FY 19 on account of slowing momentum in some sectors and a stronger growth base in the previous year’s corresponding quarter. The growth may be faster in the fourth-quarter as the benefit of lower raw material costs to manufacturing companies is expected to reflect fully by then.
![Nifty Tips](https://bsefreetips.com/wp-content/uploads/2019/01/BXpi2q5UAwZCV61Fb-2nPzl72eJkfbmt4t8yenImKBVvK0kTmF0xjctABnaLJIm9-300x157.jpg)
According to ETIG estimates, the aggregate revenue is likely to grow at an eight-quarter low of 7.5 per cent ye ..
Read more at: economictimes.indiatimes.com