Positive Trend Continues: 2273 Stocks Declare Results, BSE Emerges as Top Performer

Nov 13 2024 03:00 PM IST
share
Share Via
The third quarter of the financial year 2024 has seen a positive trend in stock results, with 48.0% of companies reporting positive results in September 2024. Large cap companies have shown the highest proportion of positive results at 51.0%, followed by mid cap companies at 50.0% and small cap companies at 45.0%. Inox Wind, Inox Wind Energy, and Vintage Coffee have emerged as top performers in their respective categories. BSE, a finance/NBFC company, has shown significant improvement in its financial performance, with net sales growing by 124.66% and operating profit to net sales ratio reaching a high of 56.04%. Upcoming results from Hero MotoCorp, Muthoot Finance, and ITI are highly anticipated.
The third quarter of the financial year 2024 has seen a total of 2273 stocks declaring their results. The trend over the last four quarters has been positive, with 48.0% of companies reporting positive results in September 2024, followed by 49.0% in June 2024, 51.0% in March 2024, and 50.0% in December 2023. In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 51.0%, followed by mid cap companies at 50.0% and small cap companies at 45.0%. Among the top results for large cap companies, Inox Wind from the renewable energy sector has emerged as the top performer. In the mid cap category, Inox Wind Energy, also from the renewable energy sector, has shown outstanding financial performance. In the small cap category, Vintage Coffee from the miscellaneous sector has reported the best results. In the last 24 hours, a total of 414 results have been declared, with BSE being the top performer. BSE, a finance/NBFC company, has seen a significant improvement in its financial performance in the September 2024 quarter. The company's score has increased from 33 to 38 in the last three months, indicating a bullish trend. BSE's net sales for the quarter have grown by 124.66%, while PBT less OI has seen a growth of 154.84% and PAT has grown by 187.8%. The company's net sales have reached a high of Rs 813.30 crore, while operating cash flow and PBDIT have also shown significant growth. BSE's operating profit to net sales ratio has reached a high of 56.04%, with PBT less OI and PAT also reaching their highest levels at Rs 451.02 crore and Rs 346.75 crore respectively. The company's EPS for the quarter has also reached a high of Rs 25.62. Investors can look forward to the upcoming results of Hero MotoCorp, Muthoot Finance, and ITI on 14th November 2024. These companies are expected to report their financial performance for the third quarter of the financial year 2024. Stay tuned for more updates on the latest financial 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