Abstract: We analyzed the MS-India Index's consensus earnings for June 2026. The index's 2027E EPS rose to 135.1 rupees from 134.3 rupees in May, representing a 0.59% month-on-month increase, though only 56 stocks saw upward revisions against 80 with downward revisions. Top upward revisions were led by National Aluminium with a 21.1% EPS increase and 0.77 rupees contribution to index EPS, supported by ICICI Bank contributing 1.1 rupees and Federal Bank at 0.825 rupees. Downward revisions were dominated by Hindustan Petroleum with a 94.1% EPS decline reducing index EPS by 0.254 rupees, Vedanta with a 70.3% downward revision and 1.44 rupees negative impact, and Oil and Natural Gas at 0.532 rupees.
NMDC, Hindustan Petroleum, National Aluminium, Oil & Natural Gas, Indian Oil, FSN E-Commerce Ventures
A monthly review of consensus earnings revisions for MSCI India constituents. Each issue estimates how the index's forward EPS changed over the month, and tabulates the stocks with the largest impact on index EPS alongside their EPS and revenue revisions. All issues of Index Earnings Revision Monthly →
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