Q2 earnings upgrades hold above 50%, says Jefferies. Is the profit cycle turning?
Jefferies rate stocks including a list of stocks.
· Economic Times Markets, ET Stocks
India’s Q2 FY27 earnings show signs of resilience, with Jefferies reporting that 50% of the 105 companies it tracks received FY27 earnings estimate upgrades, while 41% saw downgrades and 9% remained unchanged. The share of companies beating expectations rose to 56% from 52% in the previous quarter, though the recovery remains uneven across sectors.
Key facts
- Period
- Q2 FY27 and FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Jefferies, with ratings on the stocks named.
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