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Companies from Adani to Mahindra will release results today, keep an eye on stocks

If you also earn from stock market then this news can be useful for you. The budget has been presented and now once again the entire focus of the market is on the quarterly results.
5 Month ago

If you also earn from stock market then this news can be useful for you. The budget has been presented and now once again the entire focus of the market is on the quarterly results.

Today the quarterly results of 80 companies including Adani Group and Mahindra Group will be declared which will have a direct impact on the stock market. Let's find out which 80 companies can see action in shares today.

What will be the outcome of Tech Mahindra?

Tech Mahindra will present its results today. According to a media report, the company's quarterly profit may increase by more than 30 percent to Rs 861 crore compared to the March quarter. This can be seen as an increase of 24 percent compared to last year. While the revenue may be Rs 12968 crore with a limited increase compared to the March quarter. A decrease of 1.4 percent is likely compared to last year. EBIT margin may increase by 60 basis points to 8 percent compared to the March quarter.

The results of these companies will be announced

Apart from Tech Mahindra, the companies scheduled to present their results on July 25 include Adani Energy Solutions, Adani Green Energy, Ashok Leyland, Canara Bank, Chennai Petroleum, Cient, DLF, Go Digit General Insurance, Jyoti Lab, Emphasis, Nestlé, PNB Housing. Finance, Ramco Cement, UBL, UTI MAC included.

These stocks showed bullishness

A day ago, SBI Life and ITC announced quarterly results. ITC investors were buoyed by no hike in cigarette rates and the stock rose 4 percent on the last trading day. The stock hit a record high of Rs 510 during the trading session. At the same time, brokerage firm Jefferies also gave the stock a strong buy rating which further supported its buying and the stock touched a high of Rs 510.65 today.

Whereas, if we talk about SBI Life, the company has made a profit of Rs 520 crore in the first quarter. The company's profit grew by 36% year-on-year and the investment income was Rs 19,283. Shares up 23.95% in a year Insurer SBI Life has reported a net profit of Rs 519.52 crore for the first quarter (April-June) of the financial year 2024-25. There has been an increase of 36.34% year-on-year.

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