The current quarter financial results have been declared, with a total of 824 stocks announcing their performance for the Jun-2024 quarter. The trend over the last four quarters has shown a positive proportion, with 52.0% of companies reporting positive results for the Jun-2024 quarter, followed by 50.0% for Mar-2024, 49.0% for Dec-2023, and 50.0% for Sep-2023.

In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 58.0%, followed by mid cap at 51.0%, and small cap at 47.0%. Among the top results for each category, GE T&D India in the capital goods sector has emerged as the top performer for large cap companies, while Network People in the IT software sector has shown outstanding performance for mid cap companies. For small cap companies, Lotus Chocolate in the FMCG sector has reported the highest results.

In the last 24 hours, a total of 153 results have been declared, with Selan Expl. Tech emerging as the top performer. The company, which operates in the oil exploration and refineries industry, has seen a bullish trend since 05 Jun 2024, with its stock price rising from Rs 605.95 to Rs 1161.89. The company has also shown an outstanding financial performance for the Jun-2024 quarter, with a score of 36, up from 29 in the last 3 months.

Selan Expl. Tech's net sales for the quarter have grown by 125.68%, while its PBT less OI has seen a growth of 427.38%. The company's PAT has also shown a significant increase of 260.9%. Among its financial highlights, the net sales for the quarter have been the highest at Rs 63.46 crore, followed by PBDIT at Rs 23.28 crore. The company has also shown a high operating profit to net sales ratio of 36.68%, with PBT less OI and PAT also being the highest at Rs 22.15 crore and Rs 18.19 crore respectively. The EPS for the quarter has also been the highest at Rs 11.97.

Looking ahead, ITC, Dabur India, and Escorts Kubota are set to announce their results on 01 Aug 24. Investors and analysts will be closely watching these companies' performance to gauge the overall market sentiment and make informed decisions.