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From HDFC To SBI, Jefferies Identifies 10 Stocks With Potential For Earnings Upgrades
FMCG and pharma have weakest earnings momentum, says Jefferies.
16 Mar 2021, 11:25 AM IST 
The reflection of a trader working is seen on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Jin Lee/Bloomberg)
Revenue and operating leverage will be key to earnings upgrades as cost pressures rise for companies, Jefferies said, as it listed 10 Indian stocks with good revision momentum.The Nifty 100 components have seen consensus earnings upgrades of 6%, 4% and 6%, respectively, for FY21, FY22 and FY23, the research firm said in a note. Earnings upgrades have happened for 80% of these stocks, with the highest concentration in cyclical and IT ...
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