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India Inc Reports Worst Earnings Downgrade Ratio Since FY21, Says Motilal Oswal
Small-cap valuations have been particularly disappointing, noted Gautam Duggad, head of research at Motilal Oswal Institutional Equities.
17 Feb 2025, 11:23 AM IST 
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Forward earnings revisions have been the weakest in recent times, with downgrades far outpacing upgrades, Motilal Oswal said. (Photo source: Freepik)
India Inc. reported a modest third quarter for fiscal 2025, but the earnings downgrade ratio reached its worst level since the first quarter of FY21, Motilal Oswal Financial Services Ltd. said. Valuations for small and mid-cap stocks remain expensive, prompting a preference for large-cap stocks, it said.Small-cap valuations have been particularly disappointing, noted Gautam Duggad, head of research at Motilal Oswal Institutional Equi...
