Business News / Today 80 companies will present their quarterly results, names from Adani to Mahindra are in the list

If you also earn from the stock market, then this news can be of use to you. Actually, the budget has been presented and now once again the entire focus of the market has returned to the quarterly results. Today, quarterly results of 80 companies including Adani Group to Mahindra Group will come, which will have a direct impact on the stock market. Let us know which 80 companies' stocks can see action

Vikrant Shekhawat : Jul 25, 2024, 08:30 AM
Business News: If you also earn from the stock market, then this news can be of use to you. Actually, the budget has been presented and now once again the entire focus of the market has returned to the quarterly results. Today, quarterly results of 80 companies including Adani Group to Mahindra Group will come, which will have a direct impact on the stock market. Let us know which 80 companies' stocks can see action today.

How will be the result of Tech Mahindra

Tech Mahindra will present its results today. According to a survey by Money Control, the company's quarterly profit can increase by more than 30 percent to Rs 861 crore as compared to the March quarter. It can see a growth of 24 percent compared to last year. At the same time, income can be Rs 12968 crore with a limited increase compared to the March quarter. It is possible to decline by 1.4 percent compared to last year. EBIT margin can increase by 60 basis points to 8 percent as compared to the March quarter.

Results of these companies will come today

The companies that are going to present their results on July 25 include Tech Mahindra, Adani Energy Solutions, Adani Green Energy, Ashok Leyland, Canara Bank, Chennai Petroleum, Saint, DLF, Go Digit General Insurance, Jyoti Lab, Mphasis, Nestle India, PNB Housing Finance, Ramco Cement, UBL, UTI MAC.

These stocks rocked yesterday

A day before this, SBI Life and ITC had released quarterly results. ITC investors were delighted due to no increase in cigarette rates and the stock saw a jump of 4 percent on the last trading day. The stock made a record high of Rs 510 during the trading session. At the same time, brokerage firm Jefferies has also given a strong buy rating to the stock, which further supported its purchase and today the stock has gone up to a high of Rs 510.65.

On the other hand, if we talk about SBI Life, the company has made a profit of ₹ 520 crore in the first quarter. The company's profit increased by 36% on an annual basis and the income from investment is ₹ 19,283. The share rose 23.95% in a year Insurance company SBI Life has reported a net profit of Rs 519.52 crore in the first quarter (April-June) of the financial year 2024-25. It has increased by 36.34% on an annual basis