Motilal Oswal’s Q2 earning verdict is out; better than expected performance by India Inc

In line with the stock of earnings reported by India Inc in the quarter, research firm Motilal Oswal expressed optimism about progress. While hitting the media, the reports of Motilal Oswal noted that during Q2, the upgrade to downgrade ratio has marked an improvement, by jumping from 0.46 to 0.84. Further commenting on the economic scenario of Q2, the firm maintained that the miss ratio has reached 16 quarter high to 1.3. Triggered by the demand and consumption from rural sector, the H2FY18 was far higher than expectations as well.