From ITC to SBI: ICICI Direct lists 5 stocks that positively surprised in Q2 earnings
Updated: 23 Nov 2022, 03:04 PM IST
TL;DR.In the September quarter, Nifty witnessed a growth of around 4 percent in revenue as well as profit after tax (PAT) led by an outperformance by the financial stocks, ICICI Direct stated. Over FY22-24E, Nifty earnings are seen growing at 14.9 percent CAGR, the brokerage predicted. On forward earnings front, the BFSI space witnessed healthy earnings upgrades while marginal upgrades were witnessed in the FMCG, IT and oil & gas space, it said. In its earnings review, ICICI Direct has analyzed and listed 5 stocks that pleasantly surprised in their Q2 results and are its top picks:
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