Indian Renewable, Anand Rathi Wealth, and SG Finserve Lead in Q2 Financial Results

Jul 13 2024 09:00 AM IST
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The current quarter financial results have shown positive performance for Indian Renewable, Anand Rathi Wealth, and SG Finserve. Out of the 42 stocks that declared their results, 45% showed positive results, slightly lower than the previous quarter. Large and mid-cap companies had equal proportions of positive results, while small-cap companies had a slightly lower proportion. Indian Renewable emerged as the top performer in the large-cap category, with the highest net sales, PBDIT, PAT, and EPS. Anand Rathi Wealth and SG Finserve were the top performers in the mid-cap and small-cap categories respectively. Indian Renewable's upcoming results are highly anticipated, along with HDFC AMC, HDFC Life Insur., and Hatsun Agro.
Indian Renewable, Anand Rathi Wealth, and SG Finserve are among the top performers in the current quarter financial results. Out of the 42 stocks that have declared their results for the Jun-2024 quarter, 45% have shown positive results. This is a slight decrease from the previous quarter, where 50% of the results were positive. In terms of market capitalization, large and mid-cap companies have shown an equal proportion of positive results at 50%. However, small-cap companies have shown a slightly lower proportion at 42%. Indian Renewable, a finance/NBFC company, has emerged as the top performer in the large-cap category. With a market cap of 76507.22, the company has seen a positive financial performance in the Jun-2024 quarter. Its score has improved from 12 to 17 in the last 3 months, indicating a bullish trend. The company's net sales for the quarter were the highest at Rs 1,510.27 crore, showing a growth of 21.7%. Its PBDIT and PAT were also the highest at Rs 1,458.86 crore and Rs 383.69 crore respectively, with a growth of 22.6%. Its EPS for the quarter was also the highest at Rs 1.43. In the mid-cap category, Anand Rathi Wealth, a finance/NBFC company, has shown the best results. In the small-cap category, SG Finserve, also a finance/NBFC company, has emerged as the top performer. In the last 24 hours, 11 results have been declared, with Indian Renewable being the top performer. The company has turned mildly bullish from bullish on 11 Jul 2024 at Rs 283.60. Its positive financial performance in the Jun-2024 quarter has contributed to this change. The company's upcoming results for the quarter ending on 15 Jul 24 are highly anticipated, along with HDFC AMC, HDFC Life Insur., and Hatsun Agro. Investors will be keeping a close eye on these companies to see if they can maintain their positive trend in the upcoming results.

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