Trent, Asian Paints, ITC lead EPS cuts in February; Bharti Airtel, Hindalco see top upgrades
2 weeks, 5 days ago

Trent, Asian Paints, ITC lead EPS cuts in February; Bharti Airtel, Hindalco see top upgrades

Live Mint  

The Indian stock market benchmark index, Nifty 50, has remained largely flat over the past twelve months, even as earnings estimates have seen notable downward revisions, according to a report by JM Financial. EPS Cuts Continue for FY25E-27E The brokerage report highlights that both FY25E and FY26E earnings per share estimates for Nifty 50 companies have been cut by 5.8% over the past year. Sector-Wise Impact The consumer sector saw the highest number of downward revisions, with 88% of its Nifty 50 constituents facing EPS cuts in February 2025. Similarly, the banking and automobile sectors saw EPS downgrades in 83% of their Nifty 50-listed firms, while 67% of Oil & Gas and 60% of Metals & Mining companies also faced downward revisions. Nifty 50 companies with highest EPS upgrades and cuts in February 2025: Bharti Airtel led the EPS upgrades with a 5.7% increase, followed by Hindalco Industries, Coal India, Bharat Electronics, Bharat Petroleum Corporation Ltd, NTPC.

History of this topic

Bleak show! 72% of Nifty 50 companies experience EPS cuts in January
1 month, 2 weeks ago
Top Gainers and Losers today on 5 February, 2025: Oil & Natural Gas Corporation, Hindalco Industries, Asian Paints, Titan Company among most active stocks; Check full list here
Trending News
1 month, 2 weeks ago
Nifty EPS outlook for FY24 raised by 2.5% on strong Q1 results: Motilal Oswal
1 year, 7 months ago

Discover Related