After Q3 positives, Street’s lofty earnings growth forecasts face reality checks

India Inc.’s December quarter (Q3FY26) earnings surprised positively on some counts. For instance, on an aggregate basis, the Nifty 500 index companies delivered strong double-digit profit-after-tax growth of 19% in Q3 (adjusted for extraordinary items), the highest in eight quarters, showed an analysis by Motilal Oswal Financial Services. The top 10 incremental profit contributors, primarily…

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Earnings cuts likely bottomed out; Motilal Oswal remains positive on Indian stock market, picks 22 stocks

Domestic brokerage firm Motilal Oswal, in its latest note, said that the past trend of easing earnings cut intensity has gradually given way to earnings upgrades, driven by a series of stimulating fiscal and monetary measures. The brokerage has raised the aggregate FY26 PAT estimate for its coverage universe by 2% after the September-quarter earnings,…

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