The long and short of it | Companies that have seen highest upgrades and downgrades to their FY23 earnings estimates | |
Biggest FY23 upgrades | Earnings forecasts hiked by (%) |
BPCL | 99 |
Tata Motors | 98 |
Oberoi Realty | 56 |
ACC | 21 |
Dalmia Bharat | 16 |
Biggest FY23 downgrades | Earnings forecasts cut by (%) |
Zomato | Profit-to-loss |
Indus Towers | -80 |
Aditya Birla Fashion | -68 |
Lupin | -66 |
Voltas | -58 |
Source: Ambit; Note: Universe: NSE 200 cos under coverage; Hike and cut in FY23 earnings forecasts between Jan 8 (Q3 preview) and Feb 20 (after Q3 results) |
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