46% of Nifty 50 saw FY27 EPS upgrades in August
In August, 23 of the 50 Nifty 50 constituents (46%) received upgrades to their FY27 EPS estimates, led by cement, oil & gas, telecom, infrastructure and autos, according to JM Financial.
The earnings downgrade cycle for Nifty50 companies showed signs of easing in August, with 23 of the 50 index constituents, or 46%, seeing upgrades to their FY27 EPS estimates, led by cement, oil & gas, telecom, infrastructure and autos, according to JM Financial.
Overall, FY27 EPS estimates for the…