- Considering equity research analyst estimates, Nifty Companies Profits are set to grow by whopping 20% for FY17 & FY18.
- In FY17, huge Profit growth is expected in various sectors. Auto 27%, BFSI 30%, Cement 35%, Capital Goods & Infra 43%, Mining & Metals 31%, Pharma 34%.
- Surprisingly, analyst except profit to shrink only in Telecom sector.
- They expect moderate growth in I.T. 11%, FMCG 14%, and Power 13%, and just 5% in Oil & Gas sector.
Profit Estimates of Nifty 50 Companies