Equity benchmarks the Sensex and the Nifty traded bullish on February 2, jumping over a percent each with an end to Budget and amid strong global cues. Sensex jumped 1.7 percent to touch the day’s high of 72,952, while NSE Nifty 50 rose 1.8 percent to the day’s high of 22,097.
Here are six stocks that will announce their Q3FY24 results next week:
Ashok Leyland Ltd:
Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment.
The company has a strong brand and well-diversified distribution and service network across the country and has a presence in 50 countries, it is one of the most fully-integrated manufacturing companies.
On February 5th, 2024, the Ashok Leyland set the record for announcing its Q3FY24 results. In one year the shares have delivered around 15 percent to its shareholders.
With a market capitalisation of Rs. 51,147 crores, the shares of the automobile company started Friday’s trading session on a lower note at Rs. 173.20 compared to its previous close of Rs. 174.75.
During the trading session, the shares hit a low of Rs. 168, making a loss of around 1 percent and closed the day at Rs. 174 apiece.
Bharti Airtel Ltd
Bharti Airtel Ltd is a leading telecommunications company that provides a wide range of services across various regions. The company offers telemedia services, digital TV services, and mobile services, including 2G, 3G, and 4G wireless services, fixed-line, and high-speed broadband.
On February 5th, 2024, the Bharti Airtel set the record for announcing its Q3FY24 results. In one year the shares have delivered around 46 percent to its shareholders.
With a market capitalisation of Rs. 6,77,638 crores, the shares of the telecom company started Friday’s trading session on a higher note at Rs. 1,55 compared to its previous close of Rs. 1,515.20.
During the trading session, the shares hit a high of Rs. 1,175, gaining around 2 percent and closed the day at Rs. 1,150 apiece.
Tata Chemicals Ltd
Tata Chemicals is a part of the Tata Group, with interests in chemicals, crop protection, and speciality chemistry products. It has a strong market share in the global soda ash industry, with a presence in India, North America, Europe and Africa and a diversified product profile divided into basic chemistry products and speciality product segments.
On February 5th, 2024, the Tata Chemicals set the record for announcing its Q3FY24 results. In one year the shares have delivered poor returns of 3 percent to its shareholders.
With a market capitalisation of Rs. 25,361 crores, the shares of the chemical company started Friday’s trading session on a higher note at Rs. 1,023 compared to its previous close of Rs. 1, 014. During the trading session, the shares hit a low of Rs. 994.50, making a loss of around 3 percent and closed the day at Rs. 997 apiece.
Brigade Enterprises Ltd
The company is a real estate developer in South India, based in Bengaluru, and expanding its area of operations in other parts of India. It has completed over 250 buildings aggregating to over 70 mn. sqft of developed space in residential, offices, retail, and hospitality sectors across Bengaluru and Mysuru, Chennai, Ahmedabad, Hyderabad, and Kochi.
On February 6th, 2024, Brigade Enterprises set the record for announcing its Q3FY24 results. In one year the shares have delivered a multibagger return of 112 percent to its shareholders.
With a market capitalisation of Rs. 23,528 crores, the shares of the real estate company started Friday’s trading session on a higher note at Rs. 1,014 compared to its previous close of Rs. 1, 009.
During the trading session, the shares hit a high of Rs. 1,049.95, gaining around 3 percent and closed the day at Rs. 1,032 apiece.
Talbros Automotive Components Ltd
Talbros Automotive Components Ltd is primarily engaged in the manufacturing of automotive components. The company is a diversified auto component player with a presence across various automobile categories, including commercial vehicles, two-wheelers, three-wheelers, agricultural machinery, off-loaders, and industrial vehicles.
On February 7th, 2024, Brigade Enterprises set the record for announcing its Q3FY24 results. In one year the shares have delivered a multibagger return of 183 percent to its shareholders.
With a market capitalisation of Rs. 1,662 crores, the shares of the auto ancillary company started Friday’s trading session on a higher note at Rs. 279.30 compared to its previous close of Rs. 273.
During the trading session, the shares hit a low of Rs. 268, making a loss of around 2 percent and closed the day at Rs. 269 apiece.
Zomato Ltd
Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold. Its offerings include food delivery, dining-out services, Loyalty programs, and others.
On February 8th, 2024, Zomato set the record for announcing its Q3FY24 results. In one year the shares have delivered a multibagger return of 195 percent to its shareholders.
With a market capitalisation of Rs. 1,25,307 crores, the shares of the food delivery company started Friday’s trading session on a higher note at Rs. 141.80 compared to its previous close of Rs. 140.55.
During the trading session, the shares hit a high of Rs. 145, gaining around 3 percent, also recorded as the company’s fresh 52-week high and closed the day at Rs. 143 apiece.
Written By Vaibhav Patil
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Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.