Tata Motors saw an EPS estimate cut of 25% last month, while JSW Steel’s EPS estimate was slashed by 16%. Wipro, Tech Mahindra, Shree Cement, and Tata Steel, among others, have seen EPS estimates drop by 5-7% in the last four weeks, according to Bloomberg consensus estimates.
Hot Stocks: Brokerages view on Vedanta, HUL, Dabur and Avalon Technologies
Emkay initiated coverage on Dabur India and InCred also initiated coverage on the EMS industry.