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Nifty earnings per share projections back above pre-pandemic level

Nifty earnings per share projections back above pre-pandemic level

The benchmark Nifty 50 trades at 21 times FY22 expected earnings, which is nearly 30 per cent higher than long-term average. The Nifty 50 EPS projections imply earnings growth of 40 per cent and 14 per cent for FY22 and FY23, respectively.


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1 July 2021, 13:14