Q4 results on May 14: Eicher Motors, Tata Power, Lupin, Apollo Tyres, Muthoot Finance, Jubilant Foodworks, Shree Cements, Sagility, and Berger Paints India are among at least 116 companies scheduled to release their Q4FY25 earnings reports today.
During this week, from May 12-18, over 500 companies are set to announce their Q4FY25 or March quarter results. These include flagship names such as Bharti Airtel, BHEL, GAIL, Godrej Industries, Hero Motocorp, Tata Motors, and Tata Steel, among others.
At least 75 companies are set to release their Q4 earnings on May 12 today, including Hindustan Aeronautics, Eicher Motors, The Tata Power Company, Shree Cements, Lupin, Muthoot Finance, Torrent Power, Hitachi Energy India, Berger Paints India, Jubilant Foodworks, Apollo Tyres, Piramal Pharma, Brigade Enterprises, Apar Industries, JB Chemicals and Pharmaceuticals, Aditya Birla Real Estate, Sagility India, Chemcon Speciality Chemicals Ltd., Chemfab Alkalis Ltd., Chpl Industries Ltd., Capital India Finance Ltd., Concord Control Systems Ltd., Dam Capital Advisors Ltd., Davangere Sugar Company Ltd., Dollar Industries Ltd., Dredging Corporation of India Ltd., Eclerx Services Ltd., Eiko Lifesciences Ltd., Eros International Media Ltd., Excel Industries Ltd., and Foseco India Ltd. among others.
Profit-booking weighed on the benchmark indices on May 13 as Nifty-50 Index at 24,578.35 ended 1.39 per cent lower; and the Bank Nifty corrected 0.8 per cent to 54,940.80.
Auto, FMCG, and IT stocks were among key losers, while pharma showed resilience and was a key gainer. In the broader markets mid and small caps also gained up to 0.8 per cent.
Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities feels that the short-term uptrend remains intact. “The Nifty is expected to show bounce back from near the crucial supports of around 24500-24400 levels in the next few sessions. Immediate resistance is placed at 24800 levels,” he said.
And Bajaj Broking expects the Bank Nifty to head towards 56,400 levels in the short term, while support for the short-term point of view is placed at 54,500- 54,000 levels.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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