This week’s Q2 results: The new business week starting today i.e. 26th October is going to be very special for those who invest money in the stock market. A lot of activity will be seen in the market just before the Diwali festival. Over 250 small and large companies are going to announce their September quarter results throughout this week. These results will show how the earnings of the companies were in the last quarter. Market investors are particularly focused on the performance of major companies like L&T, Maruti Suzuki, Asian Paints, Trent. Along with this, famous companies like Bajaj Auto, Vedanta, Tata Steel, Coal India, Paytm will also present their account details this week.
These veterans will be under observation for the first two days of the week
On the first day of the week i.e. Monday, October 26, earnings results are starting from major companies like Tata Consumer Products, Paytm. Results of ITC Hotels, Mankind Pharma, Bank of Maharashtra, REC, Sona BLW will also come on Monday itself. Apart from this, Ather Energy, APL Apollo Tubes will also announce September quarter figures. Along with the earnings of these companies, investors will also closely monitor their performance.
Tuesday, October 27 will be a big day for the market. On this day, the giant of the infrastructure sector L&T will give its results. From the auto sector, the numbers of Maruti Suzuki, Bajaj Auto will be announced. Talking about the metal sector, the results of Tata Steel, Vedanta Iron and Steel, SAIL will also come on Tuesday itself. Besides, Mazagon Dock Shipbuilders, Tata Capital, SBI Life Insurance, Vari Energies, Cipla, ACC, PG Electroplast will also report their quarterly earnings on the same day.
The results of many big companies will come on October 28
Mid-week i.e. on Wednesday, October 28, FMCG sector’s largest company Hindustan Unilever (HUL) will announce its results. On the same day, the figures of Hero MotoCorp, Hyundai Motor India, TVS Motor of the auto sector will also come. The results of Adani Group’s two largest companies – Adani Enterprises and Adani Ports – will also be declared on Wednesday. Apart from this, the market will also keep a close eye on the results of Bandhan Bank, Pidilight Industries, PNB Housing Finance, PVR Inox, United Spirits and Meesho, InfoAge.
Asian Paints, Trent, Suzlon Energy will be the most talked about results on Thursday, October 29. State-owned companies Coal India, Ambuja Cements, Blue Star, Godrej Consumer Products, Indigo Airlines will also present their September quarter results on Thursday. Besides, the results of Laurus Labs, Motilal Oswal Financial Services, Pine Labs, Titagarh Rail, Praj Industries, V-Guard, Welspun Corp will also be announced on the same day.
Friday’s results will determine the future course of the market
Even on the last trading day of the week i.e. Friday, October 30, many big companies are queuing up. On this day, the results of Sun Pharma, Bharat Electronics (BEL), Bank of Baroda, GAIL, Indian Oil Corporation, Dixon Technologies will be declared. Along with this, Aditya Birla Capital, Delhivery, LIC Housing Finance, Max Healthcare, NTPC Green Energy, SJVN, Sun TV, Varun Beverages, Phoenix Mills will also announce their September quarter earnings.
This week is very important for investors as the numbers of major companies from auto, banking, FMCG, pharma, infrastructure and energy sectors are coming out simultaneously. These figures will make it clear that there is a demand for the goods in the market. Also, how has the rising cost of raw materials affected the profits or margins of companies?
