Top 10 turnaround companies

Turnaround companies are such companies which have managed to turnaround their bottomline from loss to profit representing better performance and future prospect.

Many companies which faced issues like the rising cost of raw material, other technological changes, rising employment costs, etc. had suffered in the past and resulted in negative bottomline. But gradually the companies manage to resolve such issues and have generated positive bottomline.

There are a total of 22 companies which have shown turnaround performance for the quarter ended June 30, 2019 till now. We have shortlisted top 10 turnaround companies by market cap which have generated a positive set of numbers in terms of profit in the quarter ended June 30, 2019 vs quarter ended June 30, 2018.

(Source: ACE Equity)