The current quarter financial results have been declared and a total of 277 stocks have announced their results for the Dec-2023 quarter. The trend of results over the last four quarters shows a positive growth with 61.0% of companies reporting positive results in the Dec-2023 quarter, followed by 50.0% in Sep-2023, 47.0% in Jun-2023, and 48.0% in Mar-2023.

In terms of market capitalization, the positive results were seen in 62.0% of large cap companies, 62.0% of mid cap companies, and 59.0% of small cap companies. Among the top results, J K Cements in the cement sector reported the highest results in the large cap category, while Waaree Renewab. in the electric equipment sector and SG Finserve in the finance/NBFC sector were the top performers in the mid cap and small cap categories respectively.

In the last 24 hours, 31 results have been declared, with IIFL Securities being one of the top performers. The company, with a market cap of 5041.87, has seen a significant improvement in its financial performance in the Dec-2023 quarter. It has turned bullish from mildly bullish and has seen a score improvement from 21 to 28 in the last 3 months.

The company's net sales for the quarter were the highest at Rs 558.78 crore, while its PBT less OI grew by 75.6% at Rs 179.69 crore and PAT grew by 79.9% at Rs 149.96 crore. The net sales also saw a growth of 34.6% and PBDIT was the highest at Rs 240.40 crore. The operating profit to net sales ratio was also the highest at 43.02%. These impressive numbers show that IIFL Securities is performing well in the finance/NBFC industry.

Looking ahead, Tata Steel, DLF, and Balkrishna Inds are some of the companies that are expected to announce their results on 24 Jan 24. Investors and analysts will be eagerly waiting to see their financial performance and how it will impact the market. Stay tuned for more updates on the upcoming results.