Q3 Results Today: ZEEL, HAL, GlaxoSmithKline Pharma, Honda India Power and more to post earnings on February 12
- Q3 Results 2024: Coal India Ltd, GlaxoSmithKline Pharmaceuticals Ltd, Hindustan Aeronautics Ltd, Maruti Infrastructure Ltd, Shree Ganesh Remedies Ltd, TCI Express Ltd, and Zee Media Corporation Limited (ZEEL) are top companies scheduled to post their Quarter 3 earnings on February 12
Q3 Results Today: Coal India Ltd, GlaxoSmithKline Pharmaceuticals Ltd, Hindustan Aeronautics Ltd, Maruti Infrastructure Ltd, Shree Ganesh Remedies Ltd, TCI Express Ltd, and Zee Media Corporation Limited (ZEEL) are top companies scheduled to post their Quarter 3 earnings on February 12 among 482 companies as per BSE.
On February 9, the BSE Sensex surged by 167 points to reach 71,595, while the Nifty 50 climbed by 64 points to hit 21,783. This movement was accompanied by the formation of a bullish candlestick pattern with a lower shadow on the daily charts, suggesting a strong buying interest at lower levels. Additionally, the index maintained its position above the 21-day EMA (exponential moving average) at 21,670, which could act as immediate support for the index.
Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said, “In a rather subdued week at Dalal Street, Nifty has seen limited participation, with the fear of missing out conspicuously absent and the pursuit of strength proving ineffective. Investor caution prevails amid RBI's uninspiring monetary policy and the ongoing debate on the Federal Reserve's inflation goal. Despite the market's languid state, the S&P 500's historic close above 5,000 brings some optimism. From a technical standpoint, Nifty's intraday support rests at 21557, while hurdles are at the all-time high of 22127. Bank Nifty's support is at 44429, with immediate hurdles at 46311. The Nifty options data suggests a trading range of 21500-22500. Key catalysts include India’s CPI and IIP numbers, along with the US January CPI. Corporate earnings and Q3 results are in focus, with a positive outlook for Nifty's rally, aiming to revisit its all-time high. Buyers' weakness below 21557 could attract bears. The suggested trades include buying Nifty at CMP with targets at 21907/22011 and Bank Nifty at CMP with targets at 46181/46893. The chart of the day favours BANK OF BARODA, BHARAT FORGE, SIEMENS, and ADANI ENTERPRISES on intraday weakness. The recommended stock to buy is PNB (CMP 124) with a stop at 116.75 and targets at 129/135, following an intermonth strategy based on a higher high/low rationale.”
Over 480 companies will release their Q3 quarter results today — February 12
Coal India Ltd, Edelweiss Financial Services Ltd, HAL Hindustan Aeronautics Ltd, Hindustan Hardy Ltd, Honda India Power Products Ltd, Ind-Swift Laboratories Ltd, Maruti Infrastructure Ltd, NCC Blue Water Products Ltd, NHPC Ltd, Northlink Fiscal and Capital Services Ltd, SEAMEC Ltd, Skipper Ltd, TCI Express Ltd, Titan Biotech Ltd, United Credit Ltd, Unitech Ltd, Vaibhav Gems N Jewellers Ltd, Warren Tea Ltd, Zee Media Corporation Limited, Hindustan Housing Co Ltd, Saraswati Commercial (India) Ltd, A2Z Infra Engineering Limited, ACE Software Exports Ltd, Allcargo Logistics Ltd, Archies Ltd, Bal Pharma Ltd, BASF India Ltd, Chambal Breweries & Distilleries Ltd, CIAN Agro Industries & Infrastructure Ltd, Coromandel Agro Products & Oils Ltd
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Business NewsCompaniesCompany ResultsQ3 Results Today: ZEEL, HAL, GlaxoSmithKline Pharma, Honda India Power and more to post earnings on February 12
First Published:12 Feb 2024, 09:21 AM IST
- Top Gainers
- Top Losers
- 52 Week High