The current quarter financial results have been declared, with a total of 32 stocks announcing their performance for the Jun-2024 quarter. The trend over the last four quarters shows a mixed bag, with 43.0% positive results for Jun-2024, 50.0% for Mar-2024, 49.0% for Dec-2023, and 50.0% for Sep-2023.

In terms of market cap, the positive results were evenly distributed, with 50.0% for Large Cap, 50.0% for Mid Cap, and 40.0% for Small Cap companies. Among the top performers in the Large Cap category was TCS, a leading IT software company. In the Mid Cap category, Anand Rathi Wealth Management stood out with its strong financial performance in the finance/NBFC sector. For Small Cap companies, SG Finserve, also in the finance/NBFC sector, delivered impressive results.

However, the top results overall were seen in the Micro Cap category, with two companies standing out - PMC Fincorp and Wealth First Por, both in the finance/NBFC sector. Wealth First Por, with a market cap of 931, turned bullish from mildly bullish on 09 Jul 2024 at Rs. The company has shown outstanding financial performance in the Jun 2024 quarter, with a score improvement from 27 to 32 in the last 3 months.

What's working in favor of Wealth First Por? The company's net sales for the quarter grew by 84.70%, PBT less OI grew by 109.87%, and PAT grew by 65.8%. The highest figures were recorded for net sales at Rs. 20.65 cr, PBDIT at Rs. 17.95 cr, operating profit to net sales at 86.92%, PBT less OI at Rs. 17.86 cr, PAT at Rs. 14.01 cr, and EPS at Rs. 13.14.

Investors can look forward to upcoming results from Avenue Super, Geojit Financial Services, and Bhansali Engineering on 13 Jul 24. With the current quarter showing a mix of positive and negative results, it will be interesting to see how these companies perform and impact the overall market.