Nexus Select Trust Q2 net operating income rises 8 pc to Rs 504 cr
Indian markets moved higher in a quarterly results development.
· ET Stocks, Economic Times Markets
Nexus Select Trust has announced an 8% increase in its net operating income for the second quarter. The company reported a distribution of Rs 359 crore, reflecting growth in distribution per unit. Nexus Select Trust has cumulatively distributed over Rs 4,400 crore to its unitholders since its listing.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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