Positive Trend Continues as 49 Stocks Report Strong Q1 Results

Apr 19 2024 09:00 AM IST
share
Share Via
The Mar-2024 quarter financial results have been announced, with 49 stocks reporting their performance. The trend over the last four quarters has been positive, with 56.0% of companies reporting positive results for the Mar-2024 quarter. Mid-cap companies have shown the highest proportion of positive results at 72.0%, followed by large-cap companies at 56.0% and small-cap companies at 46.0%. ICICI Securities from the finance/NBFC sector has emerged as the top performer, with significant improvements in its financial performance. Investors can expect upcoming results from HDFC Bank, Sterling & Wils., and Alok Industries on 20 Apr 24, providing further insights into the stock market's promising future.
The current quarter financial results have been declared, with a total of 49 stocks announcing their performance for the Mar-2024 quarter. The trend over the last four quarters shows a positive proportion, with 56.0% of companies reporting positive results for the Mar-2024 quarter, followed by 50.0% for Dec-2023 and Sep-2023, and 48.0% for Jun-2023. In terms of market cap, the mid-cap companies have shown the highest proportion of positive results at 72.0%, followed by large-cap companies at 56.0% and small-cap companies at 46.0%. Among the top performers, ICICI Securities from the finance/NBFC sector has emerged as the top result for both large-cap and overall categories. In the mid-cap category, SG Mart from the textile sector has shown outstanding financial performance, while Eimco Elecon(I) from the engineering-industrial equipment sector has emerged as the top performer in the small-cap category. In the last 24 hours, 19 results have been declared, with ICICI Securities leading the pack. The company has seen a significant improvement in its financial performance, with a score of 34 compared to 24 in the last 3 months. The company's PBT LESS OI(Q) has grown by 103.72%, while its PAT(Q) has grown by 104.3%. The company's net sales for the quarter have also seen a significant increase, reaching Rs 1,543.17 crore, a growth of 74.41%. Additionally, the company's PBDIT(Q) and operating profit to net sales(Q) have also shown impressive numbers, with the highest at Rs 1,078.96 crore and 69.92%, respectively. The company's EPS(Q) has also reached its highest at Rs 16.59. Looking ahead, investors can expect upcoming results from HDFC Bank, Sterling & Wils., and Alok Industries on 20 Apr 24. These results will provide further insights into the financial performance of these companies and their respective industries. With the positive trend in the current quarter, investors can look forward to a promising future for the stock market.

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