ITC EPS estimates cut 10% in August as Nifty firms revise FY27 outlook
In August, 17 Nifty companies saw steep cuts to their FY27 earnings per share estimates, including ITC, which had its FY27 earnings estimate cut by 10%. The month also brought declines for Tata Steel, Kotak Mahindra Bank, Maruti Suzuki India and Adani Enterprises, while multiple stocks’ price targets still pointed to potential upside.