Several Nifty companies, including Bharti Airtel, see EPS upgrades despite a weak earnings season.

Several Nifty companies, including Bharti Airtel and Tech Mahindra, have seen upgrades in earnings per share (EPS) following their Q2 results, despite a generally weak earnings season. Bharti Airtel led the upgrades, with a 16.3% increase to Rs 30.80. However, overall EPS estimates for FY25 and FY26 have been downgraded due to disappointing results from major firms like BPCL and Reliance Industries. The Nifty's trading P/E remains stable at 20.7.

November 04, 2024
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