Nomura observed that, despite overall earnings estimate reductions, India’s Q4 season saw more companies outperform than underperform. Since March 2025, consensus earnings estimates for FY26 and FY27 have been lowered by 2.3% and 1.4%, respectively.
NMDC shares jump 2% after 23% YoY revenue growth, despite marginal PAT dip
NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by