India's earnings growth cycle has begun, Nifty EPS could hit ₹1,450 in FY28: Raamdeo Agrawal
CNBC TV18 13 min ago·17 Aug 2026, 6:24 am
Economy CNBC TV18
Motilal Oswal's Chairman Raamdeo Agrawal has turned bullish on India's corporate earnings outlook. He believes the country is now in a fresh earnings growth cycle, driven by structural reforms and a resilient domestic economy. According to his estimate, the earnings per share (EPS) for the Nifty 50 index could reach ₹1,450 by fiscal year 2028.
This projection implies a significant upside for the broader market. It suggests that listed companies are poised to generate higher profits, which typically supports stock valuations. For investors, this signals a period of potential expansion in corporate profitability, moving beyond the recent volatility.
Investors should watch for quarterly results and margin trends over the next year. If companies consistently meet or beat these growth expectations, it would validate the current bullish thesis. Monitoring sectoral performance will also be key to understanding which areas are driving this earnings expansion.
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
