Nifty earnings per share upgraded 3-5% on Q3 results: Motilal Oswal report

The corporate earnings for the third quarter of FY21 have improved with several companies reporting better-than-expect ed numbers and has resulted in upgrade of the earnings per share ratio for Nif ty by 3-4%, said a Motilal Oswal Financial Services report. It noted that sharp demand recovery was seen during the festive season, with the opening up of the economy and the number of COVID-19 cases being contained, coupled with continued cost-saving initiatives.

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