Motilal Oswal lifts Nifty EPS estimates after strong Q2
In short
Motilal Oswal raised its FY27 and FY28 EPS estimates for Nifty companies after September-quarter results came in better than expected. It said earnings across its wider coverage rose 33% year on year, led by financial services, metals, and oil and gas.
This matters because higher earnings forecasts can support stock valuations. The exact revised EPS numbers were not stated in the available reporting.
What the reporting says
Motilal Oswal raised its FY27 and FY28 earnings-per-share estimates for Nifty companies after they reported better-than-expected September-quarter results. The brokerage cited 33% year-on-year earnings growth across its wider coverage universe, led mainly by financial services, metals, and oil and gas. The immediate market implication is higher earnings expectations, but the reporting does not give the revised EPS figures.
Why it matters
Motilal Oswal raised its FY27 and FY28 EPS estimates for Nifty companies after September-quarter earnings beat expectations. The brokerage said earnings across its wider coverage universe rose 33% year on year, with financial services, metals, and oil and gas driving most of the growth. The report suggests a stronger profit outlook for index constituents, but the revised EPS figures and any stock-specific changes were not stated.