Q3 results today: HDFC Life Insurance, L&T Tech, Bank of Maharashtra, Ceat and NELCO are among at least 20 companies set to declare their Q3FY25 earnings or Q3 results today on January 15, 2025 (Wednesday).
Amid ongoing market volatility and the upcoming Union Budget 2025 presentation, the Q3 results season becomes important for traders. Particularly when it comes to intraday trading, investors are likely to rely on companies reporting strong Q3 earnings in the financial year FY25. Hence, intraday traders would keenly track listed companies that declare third-quarter earnings today (January 15).
“Earnings announcements could present stock-specific opportunities. IT, FMCG, and select pharma sectors appear relatively resilient, while broader markets and other sectors will likely remain under pressure,” said Ajit Mishra – SVP, Research, Religare Broking Ltd.
Thus, to know which stocks will likely have an impact, one can look at the 20 listed companies that are set to declare their respective Q3 results today. These 20 companies are as below:
HDFC Life Insurance Company, Oracle Financial Services Software, L&T Technology Services, Bank of Maharashtra, Ceat, Maharashtra Scooters, Transrail Lighting, Oriental Hotels, NELCO, Aeroflex Industries, Reliance Industrial Infrastructure, Krishana Phoschem, Indiabulls Enterprises, Mahindra EPC Irrigation, DB (International) Stock Brokers, MRP Agro, TCI Industries, Jagsonpal Finance and Leasing, Kamadgiri Fashion, and Viji Finance are companies that will post their Q3 results today.
The markets took a breather on Tuesday after a steep fall in the earlier session as benchmark Nifty 50 Index ended 0.39 per cent higher at 23,176.05. The S&P BSE index also gained 0.22 per cent to end at 76,499.63. The Bank Nifty rebounded 1.43 per cent while auto, metals and energy gained up to 4 per cent. IT and FMCG indices still were among the losers. Broader indices also staged a rebound, with mid and small-cap indices climbing around 2.5 per cent each.
“Nifty 50 Index has seen a probable change in the short-term trend. However, crossing today’s high of 23,265 would provide confirmation of a further rise. Resistances for the Nifty are seen at 23,340 and 23,500. On the downside 23,047 becomes the base for the short term,” said Vinay Rajani, Senior Technical & Derivative Research Analyst at HDFC Securities.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
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