With the earnings season nearing its end, several companies are about to announce their financial results for the quarter ended Sept. 30, 2024. On Thursday, as many as 1,207 companies will declare their second quarter results.
Around 650+ firms including Hindalco Industries, Samvardhana Motherson International, GMR Airports Infrastructure, Hero Motocorp, Apollo Hospitals Enterprises, Muthoot Finance, IRCTC – Indian Railway Catering & Tourism Corp, FSN E-Commerce Ventures Nykaa, SJVN, Max Financial Services, Gujarat Fluorochemicals Limited, Endurance Technologies, Ipca Laboratories will declare their Q1 results today. Find here the full list of companies announcing their earnings on Tuesday.
Swiss Military Q4 Results: On its financial performance, Anuj Sawhney, managing director of Swiss Military Consumer Goods said, “We have achieved another strong financial quarter, thanks to robust turnover growth and significant brand development initiatives. Swiss Military is debt-free and asset-light with a very strong research-based approach to solving customer problems."
A global lifestyle brand with a 30-year legacy, Swiss Military, offers premium and innovative products across 26 countries and has over 3,000 products across various verticals.
Q2 Results: Today, a handful of major companies will be releasing their Q2 results, including Bajaj Electricals Ltd, Nykaa, HPCL, Divi's Laboratories, Max Healthcare Institute Ltd, Radico Khaitan Ltd, and many more.
Indian equity markets are likely to extend losses on Tuesday as trends on SGX Nifty indicated a negative start for the broader index in India, with a loss of 107.50 points or 0.66%. In the previous session, benchmark indices snapped three-day gaining streak and ended flat with a negative bias.
Based on the open interest future percentage, a short build-up was seen in 57 stocks, including Bank Nifty, Persistent Systems, L&T Technology Services, HDFC Bank, and IndiaMART InterMESH
Market watchers believe that subdued global cues, intense selling by foreign institutional investors (FIIs) and risk-off sentiment across the globe amid fear of tightening by the US Fed dampened the mood in the domestic equity market.
These 25 stocks have rallied between 100-160 per cent since January 1, 2022, suggests data available with ACE Equity. Ten other names have rallied more than 90 per cent during the period under review. This is at a time when the recent selloff has shaved off gains for BSE Sensex and NSE Nifty, with both turning flat on a year-to-date (YTD) basis.
Shares of Tranway Technologies, Triveni Glass, Orosil Smiths, Kellton Tech, BCL Enterprises, Ruttonsha International Rectifier, Tinna Rubber and Infra, Shanti Educational and Zodiac Energy have jumped between 100-145 per cent during the period under review.