The third quarter of 2024 has seen a total of 3793 stocks declaring their financial results. The trend over the last four quarters shows a decrease in the proportion of positive results, with the current quarter at 46.0%, compared to 49.0% in the previous quarter. However, the overall trend remains positive, with 50.0% of companies reporting positive results in the last quarter of 2023.

In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 51.0%, followed by mid cap at 47.0% and small cap at 44.0%. Among the top performers in each category, Inox Wind in the renewable energy sector has emerged as the top result for large cap companies, while T R I L in the capital goods sector has shown the best results for mid cap companies. In the small cap category, Vintage Coffee in the miscellaneous sector has reported the top results.

In the last 24 hours, Quicktouch Tech has declared its financial results, showing a size of 76.63 and operating in the IT software industry. The company has turned mildly bearish from sideways on 03 Sep 2024, with a score of 0 compared to 1 in the last 3 months. However, the company has seen a growth in its PAT (HY) at Rs 3.60 crore, which is a significant increase of 246.15%.

Investors can look forward to upcoming results from UltraTech Cem. on 21 Jan 25 and Exide Inds. on 28 Jan 25. With the current quarter showing a mixed trend in financial results, it will be interesting to see how these companies perform and if they can maintain a positive trend in their results.