BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
The September quarter (Q2 FY21) corporate earnings season was a blockbuster one, with big beats and upgrades across our coverage universe.
With an upgrade (more than 5%) to downgrade ratio (less than down 5%) of 4:1, this has by far been the best earnings season in many years.
63% of the companies in our coverage universe beat Q2 FY21 estimates, while 18% reported below-estimate results.
This has resulted in the first material earnings upgrade for Nifty earning per share estimates in many years.
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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
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