From Nestle India to Maruti Suzuki, impact of Covid-19 on earning estimates

The coronavirus pandemic has spared none, not even the best. But, a look at the manufacturing and services sector companies that are a part of S&P BSE 200 index, and which have declared their March quarter results so far, shows that a handful have in fact seen their earnings estimate for 2020-21 getting upgraded by analysts, or have seen a marginal cut. Here's a look at some of the companies that are less impacted, and those that have seen significant cut in earnings estimates since April, and why. Given the huge hit from lockdown, it is not surprising that 44 of the 80 companies hav.....

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