Motilal Oswal raises Nifty50 EPS outlook by 2.5% on robust corporate earnings

Motilal Oswal increased its FY24 earnings forecast for Nifty 50 shares by 2.5% to Rs 988 on the basis of strong business results that look strong enough to support India’s growing economic outlook. . Smart companies reported 32% growth in profits in the June quarter. The earnings distribution was particularly positive, with 62% of total …

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