The first quarter of the financial year 2024 has seen a total of 1539 stocks declaring their results. Out of these, 53% have reported positive results, showing a positive trend over the last four quarters. The proportion of positive results in the previous three quarters was 50%, 50%, and 48% respectively.

In terms of market capitalization, large and mid-cap companies have shown a similar proportion of positive results at 56%, while small-cap companies have reported 47% positive results. Among the top performers in each category, Tata Motors in the auto sector, Inox Wind in renewable energy, and Asian Energy in oil exploration/refineries have emerged as the top results for large, mid, and small-cap companies respectively.

In the last 24 hours, 123 results have been declared, with Yuken India being the top performer. The engineering company has seen a significant improvement in its financial performance in the first quarter of 2024, with a score of 34 compared to 28 in the previous quarter. This improvement can be attributed to various factors, including a high operating profit to interest ratio of 7.67 times, a growth of 800% in PBT less OI, and a growth of 1115.9% in PAT.

Yuken India has also shown impressive numbers in terms of inventory turnover ratio, net sales, PBDIT, operating profit to net sales, and EPS, all of which are the highest in the industry. With upcoming results from companies like Suzlon Energy, United Spirits, and NTPC, the market is eagerly waiting to see if they can match the outstanding performance of Yuken India. Stay tuned for more updates on the financial results of the current quarter.