The current quarter financial results have been declared, with a total of 1062 stocks announcing their performance for the period of December 2023. The trend over the last four quarters shows a positive growth, with 54.0% of companies reporting positive results in the current quarter, followed by 50.0% in September 2023, 47.0% in June 2023, and 48.0% in March 2023.

In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 63.0%, followed by mid cap at 54.0% and small cap at 47.0%. Among the top performers in each category, Punjab National Bank from the public banks sector has emerged as the top result for large cap companies, while Swan Energy from the textile sector has shown outstanding performance for mid cap companies. For small cap companies, Asian Energy from the oil exploration/refineries sector has reported the highest results.

In the last 24 hours, 42 results have been declared, with Balu Forge being the top performer. The company, which operates in the miscellaneous industry, has turned mildly bullish from bullish on 01 Feb 2024 at Rs 279.15. Balu Forge has shown outstanding financial performance in the quarter of December 2023, with the highest PBDIT (Profit Before Depreciation, Interest, and Taxes) of Rs 32.72 crore, and the highest PBT (Profit Before Tax) of Rs 28.34 crore. The company has also seen a growth of 49.1% in PBT and 52.8% in PAT (Profit After Tax). Its net sales have reached the highest at Rs 147.08 crore, with a growth of 26.6%. The operating profit to net sales ratio has also been the highest at 22.25%, and the EPS (Earnings Per Share) has reached the highest at Rs 2.48. Additionally, Balu Forge has the lowest debt-equity ratio of 0.16 times.

Investors can look forward to upcoming results from Tata Chemicals, Linde India, and Bharti Airtel on 05 Feb 24. These companies are expected to announce their financial performance for the current quarter, providing valuable insights for investors. Stay tuned for more updates on the financial results of the current quarter.