As the earnings season for Q3 results took center stage at the beginning of 2024, strong performances from companies propelled the index to rally in the last 15 trading sessions.
However, in the last five trading sessions, the Sensex fell by around 1.22 percent, and the Nifty 50 index also experienced a decline of 1.24 percent.
Here are six stocks that will announce their Q3FY24 results next week
Tata Technologies Ltd
Tata Technologies is the pioneer in the Automotive and Aerospace segments, providing industry-leading Engineering Research and design services (ER&D) that offer end-to-end solutions across the value chain with a focus on manufacturing-led verticals.
Tata Technologies, first time after the listing on the exchange, the company is announcing its results on January 25th,2024.
On Friday, the company shares closed at ₹1,140.65 apiece, down 0.85 percent from the previous close price. The company has a market valuation of ₹46,272 crores.
Indian Energy Exchange Ltd
Indian Energy Exchange Ltd provides an automated platform and infrastructure for carrying out trading in electricity units for the physical delivery of electricity. Indian Energy Exchange (IEX) is the premier electricity exchange in India, which commands a market share of around 98 percent in the power exchange market.
On January 25th, 2024, the Indian Energy Exchange set the record for announcing its Q3FY24 results. The company has a market capitalization of ₹12,479 crores.
Indian Energy Exchange shares have gained 12 percent in the last six months and 3 percent in a year.
On Friday, the company shares closed at ₹140 apiece, up 2 percent from the previous close price. The company has a market valuation of ₹12,479 crores.
TVS Motor Company Ltd
TVS Motor Company Ltd is engaged in the manufacturing of two-wheelers and their accessories. The company ranks among the top ten two-wheeler manufacturers in the world.
TVS Motor Company Ltd will announce its Q3 results of FY24 on January 24th,2024.
TVS Motor Company shares have gained 51 percent in the last six months and 109 percent in a year. The company has a market capitalization of ₹96,794 crores.
On Friday, the company shares closed at ₹2,037 apiece, up 1.29 percent from the previous close price.
Tata Steel Ltd
Tata Steel Ltd is a well-diversified company. The company is present throughout the steel manufacturing value chain, from mining and processing iron ore and coal to producing and distributing finished products.
On January 24th, 2024, Tata Steel set the record for announcing its Q3FY24 results.
The Company shares have gained 14 percent in the last six months and 9 percent in a year. The company has a market capitalization of ₹1,65,030 crores.
On Friday, the company shares closed at ₹134 apiece, up 2.44 percent from the previous close price.
Indian Oil Corporation Ltd
The company is in the business of the entire hydrocarbon value chain – from Refining, Pipeline transportation, and marketing of Petroleum products to R&D, Exploration & production, and marketing of natural gas and petrochemicals.
On January 24th, 2024, Indian Oil Corporation set the record for announcing its Q3FY24 results.
The Company shares have gained 50 percent in the last six months and 79 percent in a year. The company has a market capitalization of ₹2,09,842 crores.
On Friday, the company shares closed at ₹149 apiece, up 2.84 percent from the previous close price.
Tata Elxsi Ltd
Tata Elxsi provides integrated services from research and strategy to electronics and mechanical design, software development, validation, and deployment, and is supported by a network of design studios, global development centres, and offices worldwide.
On January 23rd, 2024, Tata Elxsi Ltd set the record for announcing its Q3FY24 results.
The Company shares have gained 11 percent in the last six months and 30 percent in a year. The company has a market capitalization of ₹51,764 crores.
On Friday, the company shares closed at ₹8,312 apiece, up 0.02 percent from the previous close price.
Written by Omkar Chitnis
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