IRCTC, ABFRL, JSW Holdings among 453 companies declaring Q4 results on Tuesday
453 companies, including IRCTC and Aditya Birla Fashion, are set to declare Q4 results. Most companies report profits, boosting Nifty and Sensex to new highs. Market bullish ahead of Lok Sabha elections.
With the nearing its last leg, a host of , including , and are set to declare their March quarter results on Tuesday.As many as 453 companies are due to post their tomorrow. , , , R R Kabel, 3M India, Amara Raja Energy & Mobility, Aster DM Healthcare, Campus Activewear, Eureka Forbes, Hindware Home Innovation, Ramco Industries, Omaxe, EIH Ltd, Uflex, RITES Ltd and Oriental Rail Infrastructure are few names among the lot.
So far, the Q4 season has been majorly impressive with most of the companies posting for the quarter ended March 2024.
This earnings quarter is also one of the factors that has taken and to their new . As of Monday, both Nifty and have achieved their new peaks at Rs 23,110 and Rs 76,009, respectively, while Bank Nifty is also hovering fairly close to its all-time high mark at Rs 49,974.
Additionally, ahead of the ’ result, analysts are on and there is an anticipation of a big rally across sectors if BJP comes into power again.
Quarterly results declaration is an important event for the companies as their are highly impacted by these results for the shorter as well as the longer term.
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Source: Stocks-Markets-Economic Times
