Q1FY20 Results: Stocks that hit rock bottom in Q1
Result season of the quarter ended June 30, 2019 is almost in completion stage. Most of the companies have reported their financial results for the quarter ended June 30, 2019. Considering the total count of the reported companies as 2,077, we find that 1,771 companies have posted a negative return since April 1, 2019.
During this period, BSE Sensex also posted a negative return of 4 per cent since April 1, 2019 (38871.87 point).
These 2,077 companies have posted an aggregate sales growth of 7 per cent during the quarter ended June 30, 2019. Aggregate operating profit growth of these companies stood at 5 per cent and aggregate PAT growth stood at 3 per cent.
Following table shows the worst 10 companies that delivered the lowest return since April 1, 2019.
