Quarterly Financial Results: Positive Trends for Large Cap Companies, Top Performers Revealed
The latest financial results for the current quarter have been announced, with 3792 stocks reporting their performance for September 2024. The proportion of positive results has slightly decreased compared to the previous quarter, with large cap companies showing the highest percentage of positive results. Inox Wind, T R I L, and Vintage Coffee have emerged as top performers in their respective categories. Orissa Minerals has reported positive results in the last 24 hours, with a mild bullish trend and a 40.73% increase in net sales. Upcoming results from Afcons Infrastr., BF Utilities, and Sagility India are expected on November 23 and 25, 2024.
The latest financial results for the current quarter have been declared, with a total of 3792 stocks announcing their performance for the period of September 2024. The trend over the last four quarters has shown a slight decrease in the proportion of positive results, with 47.0% of companies reporting positive results for the current quarter, compared to 49.0% in the previous quarter.In terms of market capitalization, large cap companies have shown the highest proportion of positive results at 51.0%, followed by mid cap companies at 48.0% and small cap companies at 43.0%. 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 strong performance for mid cap companies. For small cap companies, Vintage Coffee in the miscellaneous sector has reported positive results.
Overall, the top results have been dominated by Inox Wind in the renewable energy sector for large cap companies, Frontier Springs in the auto ancillary sector for micro cap companies, and T R I L in the capital goods sector for mid cap companies.
In the last 24 hours, three companies have declared their results, with Orissa Minerals being the top performer. The company, which operates in the miscellaneous industry, has seen a positive financial performance for the quarter of September 2024. The company's score has fallen from 20 to 13 in the last three months, indicating a mild bullish trend. The company's net sales for the quarter have grown by 40.73% to Rs 23.39 crore.
Investors can look forward to upcoming results from Afcons Infrastr., BF Utilities, and Sagility India on November 23 and 25, 2024 respectively. Stay tuned for more updates on the financial performance of these companies.
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