30 Stocks Announce Positive Results in Jun-2024 Quarter, Wealth First Por Emerges as Top Performer

Jul 11 2024 09:00 PM IST
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The financial results for the Jun-2024 quarter have been announced, with 30 stocks reporting their performance. The trend over the last four quarters has been positive, with 40.0% in Jun-2024, 50.0% in Mar-2024, 49.0% in Dec-2023, and 50.0% in Sep-2023. TCS, Anand Rathi Wealth, and SG Finserve were the top performers in the large cap, mid cap, and small cap categories respectively. Wealth First Por in the micro cap category emerged as the overall top performer, with a significant improvement in its financial scores. Investors can look forward to upcoming results from Indian Renewable, HCL Technologies, and Oriental Hotels on 12 Jul 24.
The current quarter financial results have been declared, with a total of 30 stocks announcing their performance for the Jun-2024 quarter. The trend over the last four quarters shows a positive proportion of results, with 40.0% in Jun-2024, 50.0% in Mar-2024, 49.0% in Dec-2023, and 50.0% in Sep-2023. In terms of market capitalization, the positive results were seen in 50.0% of large cap companies, 50.0% of mid cap companies, and 37.0% of small cap companies. Among the top results, TCS in the IT-Software sector emerged as the leader in the large cap category, while Anand Rathi Wealth in the Finance/NBFC sector and SG Finserve in the Finance/NBFC sector were the top performers in the mid cap and small cap categories respectively. However, the top result overall was seen in the micro cap category, with Wealth First Por in the Finance/NBFC sector. The company's financial performance for the Jun-2024 quarter has been outstanding, with a score improvement from 27 to 32 in the last three months. This has been driven by a growth of 84.70% in net sales, 109.87% in PBT less OI, and 65.8% in PAT. Wealth First Por has also achieved the highest net sales of Rs 20.65 crore, PBDIT of Rs 17.95 crore, and operating profit to net sales ratio of 86.92%. The company's PBT less OI and PAT also reached their highest at Rs 17.86 crore and Rs 14.01 crore respectively. The EPS for the quarter stood at Rs 13.14, the highest among all the companies. Investors can look forward to upcoming results from Indian Renewable, HCL Technologies, and Oriental Hotels on 12 Jul 24. Stay tuned for more updates on the financial performance of these companies.

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