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.
Behari Lal Engineering shares rally 14% after stellar debut. What are brokerages saying?
Behari Lal Engineering shares surged 14% after making a strong market debut, listing at a 63% premium to the IPO price. Brokerages remain positive, citing