Reliance Industries absorbs 23 EPS cuts in 7 days yet analysts remain 34-to-2 bullish
Reliance Industries (RELIANCE.BO) saw 23 downward EPS revisions in the last 7 days for its next-year estimate and 21 for the current year, yet the analyst community remains overwhelmingly bullish at 34 buys versus just 2 sells — a striking divergence between near-term estimate erosion and long-term conviction. The stock rose 1.87% on April 16, suggesting the market is siding with the bulls for now.
Supporting 6 queries
To surface this insight, Baselight ran 6 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
Down_last_7_days: 23 (next year), 21 (current year) — eps_revisions snapshot Apr 17. Analyst ratings: 34 bullish (strong buy + buy) vs 2 bearish (sell + strong sell) — recommendations snapshot Apr 17. Stock close Apr 16: +1.87%.