Quarterly Financial Results: Positive Trend Seen Across Market Caps, Wealth First Por Leads with Impressive Performance

Jul 11 2024 06:00 PM IST
share
Share Via
The financial results for the current quarter have been announced by 28 stocks, with a mixed trend over the last four quarters. Large caps have shown the highest positive results at 50%, followed by small caps at 40% and mid caps at 0%. TCS, Kesoram Industries, and SG Finserve have shown strong performances in their respective categories. However, the top result overall has been declared by Wealth First Por, a micro cap company from the finance/NBFC sector. The company has seen a significant improvement in its financial performance, with the highest net sales, PBDIT, and operating profit to net sales ratio. Investors can look forward to the upcoming results of Indian Renewable, HCL Technologies, and Oriental Hotels for further insights into the market trends.
The current quarter financial results have been declared by 28 stocks, with a mixed trend over the last four quarters. Out of these, 39% of the results for Jun-2024 quarter have been positive, followed by 50% for Mar-2024 and Sep-2023 quarters, and 49% for Dec-2023 quarter. The positive results have been seen across different market caps, with large caps leading at 50%, followed by small caps at 40% and mid caps at 0%. Among the top results for large caps, TCS from the IT-Software sector has shown a strong performance. In the mid cap category, Kesoram Industries from the cement sector has declared impressive results. For small caps, SG Finserve from the finance/NBFC sector has shown a positive trend. However, the top result overall has been declared by Wealth First Por, a micro cap company from the finance/NBFC sector. Wealth First Por has seen a significant improvement in its financial performance for the quarter Jun-2024, with a score of 32 compared to 27 in the last 3 months. The company's net sales have grown by 84.70% to Rs 20.65 crore, while PBT less OI has grown by 109.87% to Rs 17.86 crore and PAT has grown by 65.8% to Rs 14.01 crore. The company has also achieved the highest net sales and PBDIT at Rs 20.65 crore and Rs 17.95 crore respectively. Additionally, the company's operating profit to net sales ratio has been the highest at 86.92%, along with the highest PBT less OI and PAT at Rs 17.86 crore and Rs 14.01 crore respectively. The EPS for the quarter has also been the highest at Rs 13.14. Investors can look forward to the upcoming results of Indian Renewable, HCL Technologies, and Oriental Hotels on 12 Jul 24. These results are expected to provide further insights into the current market trends and performance of these companies. Stay tuned for more updates on the financial results of these and other companies in the 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