Q4 results today: Dr Reddy’s Labs, Voltas, JSW Energy, Pidilite Ind, United Breweries, and others will report earnings today.

Q4 FY2024 Results: Around 42 companies including Dr Reddy’s Laboratories, Voltas, JSW Energy, Pidilite Industries, United Breweries, IDFC, Hindustan Media Ventures, and PB Fintech, are expected to report profits on May 7.

Q4 FY2024 Earnings: Over 42 companies are scheduled to report earnings today.
Q4 FY2024 Earnings: Over 42 companies are scheduled to report earnings today.

Q4 results today: Approximately 42 enterprises will release their financial results for the fourth quarter of FY24, which concluded on March 31, 2024, today (May 7).

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On May 6, the BSE Sensex closed 17 points higher at 73,895.54, while the Nifty 50 fell 33 points to 22,442.70.

“Markets ended mixed, with selective buying in banking, IT, real estate, and auto stocks helping the Sensex end marginally higher but losing the majority of its gains due to a sharp drop in oil & gas, power, consumer durable, and capital goods stocks.” “Investors are most likely to trade with caution with select long-term bets amid growing uncertainty over the delay in rate cuts and persistently high inflation,” said Prashanth Tapse, Senior VP (Research) at Mehta Equities.

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The BankNifty index traded flat, with the 49,000-48,900 range providing strong support. “The BankNifty index had a sideways trading session, with bulls effectively defending the support zone between 49,000 and 48,900. Immediate resistance is seen at 49,300, and a significant break might prompt short-covering advances to 49,500. A big break of the 48,900 mark, on the other hand, may result in additional selling pressure towards 48,400, where the 20DMA is located,” Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, stated.

Companies to post Q4 results today

Indraprastha Gas, CreditAccess Grameen, Rane Engine Valves, Mangal Credit and Fincorp, Shri Balaji Valve Components, Shekhawati Poly-Yarn, Vivanta Industries Limited, Century Textiles and Industries, KJMC Corporate Advisors (India), Indo Euro Indchem, KEC International, IDFC, Kajaria Ceramics, Sonata Software, Jindal Saw, Navin Fluorine International, Juiter Wagons, Chambal Fertilisers and Chemicals, Graphite India, Latent View Analytics, Elantas Beck India, Pidilite Industries, JSW Energy, Dr Reddys Laboratories, SRF, PB Fintech, United Breweries, Voltas, IRB Infrastructure Developers, Max Financial Services, Protean eGov Technologies, Delta Corp, Suraj Estate Developers, Bigbloc Construction, Kamdhenu Ventures, InfoBeans Technologies, Hindustan Media Ventures, Kamat Hotels (India), Orient Bell, Fredun Pharmaceuticals Limited, Ashirwad Steel and Industries, and others.

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Updated: May 7, 2024

Hi, My self Saurabh Singh

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