Indian banks Q2 FY27: Motilal Oswal names ICICI, SBI, Kotak and AU as top picks
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Motilal Oswal Financial Services' brokerage estimates point to a strong earnings season for Indian banks. Profit after tax (PAT) across the banks under coverage is expected to grow 25.4% year on year and 9.5% over the previous quarter. Looking further out, earnings are expected…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStrong expected profit growth for Indian banks supports sector sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Profit after tax across covered banks is expected to grow 25.4% year over year.
- 02Quarterly growth is expected at 9.5%.
- 03Top picks are ICICI Bank, SBI, Kotak Mahindra Bank and AU Small Finance Bank.