The financial results for the current quarter have been declared, with a total of 122 stocks announcing their performance for the period ending March 2024. The trend over the last four quarters has shown a positive growth, with 52% of companies reporting positive results in the current quarter, compared to 49% in the previous quarter, 50% in the quarter before that, and 48% in the quarter before that.

In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 55%, followed by mid cap companies at 60%, and small cap companies at 41%. Among the top performers in each category, Axis Bank from the private banks sector has emerged as the top result for large cap companies, while Piccadily Agro from the sugar sector has shown the best performance among mid cap companies. In the small cap category, Eimco Elecon (I) from the engineering and industrial equipment sector has reported the highest positive results.

Overall, the top results have been declared by LKP Securities from the finance and NBFC sector in the micro cap category, while Axis Bank and ICICI Securities from the finance and NBFC sector have shown the best performance among large cap companies.

In the last 24 hours, 18 results have been declared, with Axis Bank being the top performer. The company has reported a size of 328473.66 and operates in the private banks sector. On 22 April 2024, Axis Bank's stock turned mildly bullish from sideways, with a price of Rs 1,053.70. The company has shown an outstanding financial performance in the quarter ending March 2024, with a score of 34, a significant improvement from 8 in the last three months.

The financials for March 2024 have been impressive for Axis Bank, with PBT LESS OI(Q) growing at 130.71%, PAT(Q) growing at 224.5%, and GROSS NPA(Q) at its lowest at 1.43%. The company has also reported the highest NII(Q) at Rs 13,089.00 cr and INTEREST EARNED(Q) at Rs 29,224.54 cr. The PAT(Q) has also been the highest at Rs 7,129.67 cr, with a growth of 21.92%. The EPS(Q) has also shown a significant increase, reaching its highest at Rs 23.10, while the NET NPA(Q) has been the lowest at 0.31%.

Investors can look forward to the upcoming results of Bajaj Finserv, Shriram Finance, and HCL Technologies on 26 April 2024, to see if they can match or surpass the impressive performance of Axis Bank in the current quarter.