Dec-2023 Quarter Results Show Positive Growth Across Industries

Jan 23 2024 09:00 PM IST
share
Share Via
The Dec-2023 quarter financial results have been announced, with 323 stocks reporting their performance. The trend over the last four quarters has been positive, with 59.0% of companies reporting positive results for the Dec-2023 quarter. Large cap companies have shown the highest proportion of positive results at 63.0%, followed by mid cap at 60.0% and small cap at 54.0%. Among the top performers, J K Cements, Waaree Renewab., and SG Finserve have reported the best results in their respective categories. Lloyds Enterpris. has shown significant improvement in its financial performance, with a growth of 454.97% in net sales and the highest net sales, PBDIT, PBT less OI, PAT, and EPS in its history. Upcoming results from Tata Steel, DLF, and Balkrishna Inds could potentially impact the market.
The current quarter financial results have been declared, with a total of 323 stocks announcing their performance for the Dec-2023 quarter. The trend over the last four quarters shows a positive growth, with 59.0% of companies reporting positive results for the Dec-2023 quarter, followed by 50.0% for Sep-2023, 47.0% for Jun-2023, and 48.0% for Mar-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 60.0% and small cap at 54.0%. Among the top performers in each category, J K Cements in the cement sector has emerged as the top result for large cap companies, while Waaree Renewab. in the electric equipment sector has shown outstanding performance for mid cap companies. For small cap companies, SG Finserve in the finance/NBFC sector has reported the best results. One of the top results overall is SG Finserve, a small cap company in the finance/NBFC sector. In the last 24 hours, a total of 92 results have been declared, with Lloyds Enterpris. being one of the top performers. This trading company has seen a significant improvement in its financial performance for the Dec-2023 quarter, with a score of 37 compared to 26 in the last 3 months. Lloyds Enterpris has reported a growth of 454.97% in net sales for the quarter, along with a 99.10% growth in PBT less OI and a 331.5% growth in PAT. Its inventory turnover ratio and debtors turnover ratio for the half year have also been the highest in the industry. The company's net sales, PBDIT, PBT less OI, PAT, and EPS for the quarter have all been the highest in its history. Investors can look forward to upcoming results from Tata Steel, DLF, and Balkrishna Inds on 24 Jan 24, which could potentially impact the market. With the current quarter showing positive trends and some companies reporting outstanding performance, it will be interesting to see how the market reacts to these upcoming results.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News