Q3 Earnings Preview: Key Companies Announcing Results Next Week
Investors are keenly awaiting the release of third-quarter earnings reports next week. Analysts are diligently examining companies' financial performance, with a focus on sales, profits, and strategic initiatives, to gauge potential market reactions. These results are expected to have a significant impact on market sentiment and guide future investment strategies.
Companies Announcing Quarterly Results Next Week
Here are 9 companies scheduled to release their quarterly results next week:
1. Angel One Limited
Established in 1996, Angel One Limited, formerly Angel Broking, is a prominent independent retail broking firm in India. Based in Mumbai, it provides services for stock, currency, and commodity broking, along with investment advisory and portfolio management. The company caters to over 13.8 million clients through its digital platforms.
With a market capitalization of Rs. 22,986.87 crores, Angel One's shares closed at Rs. 2,547, a decrease of approximately 3.01 percent from the previous day. The company will announce its results on January 13, 2025.
2. HCL Technologies Limited
HCL Technologies Limited, founded in 1991 and located in Noida, India, is a global IT services provider. The company specializes in software development, engineering services, and IT consulting, serving clients across various industries in over 60 countries.
With a market capitalization of Rs. 5,41,701.83 crores, HCL Technologies' shares closed at Rs. 1996.20, an increase of around 3.16 percent from the previous day. The company is set to announce its results on January 13, 2025.
3. HDFC Asset Management Company Limited
HDFC Asset Management Company Limited, established in 1999 and based in Mumbai, India, is a leading mutual fund manager. It provides asset management for HDFC Mutual Fund and offers a range of investment products, including portfolio management and advisory services.
With a market capitalization of Rs. 82,418.19 crores, HDFC Asset Management's shares closed at Rs. 3855.70, a drop of roughly 2.38 percent from the previous day. The company will announce its results on January 14, 2025.
4. Sterling and Wilson Renewable Energy Limited
Founded in 2017 and based in Mumbai, Sterling and Wilson Renewable Energy Limited specializes in solar engineering, procurement, and construction (EPC) services. The company operates globally, focusing on large-scale solar projects and advancing renewable energy solutions.
With a market capitalization of Rs. 10,440.70 crores, Sterling and Wilson Renewable Energy's shares closed at Rs. 447.15, a rise of nearly 1.91 percent from the previous day. The company is scheduled to announce its results on January 16, 2025.
5. Reliance Industries Limited
Reliance Industries Limited, founded in 1960 by Dhirubhai Ambani, is a major Indian multinational conglomerate headquartered in Mumbai. It operates across various sectors, including energy, petrochemicals, textiles, retail, and telecommunications. The company is India's largest private sector firm in terms of revenue and market capitalization.
With a market capitalization of Rs. 16,81,194.35 crores, Reliance Industries' shares closed at Rs. 1242.35, down by approximately 1.01 percent from the previous day. The company will announce its results on January 16, 2025.
6. Infosys Limited
Infosys Limited, established in 1981 and headquartered in Bengaluru, India, is a leading multinational technology company. It specializes in IT consulting, software development, and outsourcing services across various industries, with a global presence in over 50 countries.
With a market capitalization of Rs. 8,16,626.78 crores, Infosys' shares closed at Rs. 1966.70, an increase of about 2.55 percent from the previous day. The company is set to announce its results on January 16, 2025.
7. Axis Bank Limited
Axis Bank Limited, founded in 1993 and located in Mumbai, India, is a leading private sector bank. It provides diverse financial services, including retail and corporate banking, across a broad network.
With a market capitalization of Rs. 3,22,154.51 crores, Axis Bank's shares closed at Rs. 1040.80, a decrease of around 1.95 percent from the previous day. The company will announce its results on January 16, 2025.
8. Tech Mahindra Limited
Tech Mahindra Limited, founded in 1986 and headquartered in Pune, India, is a multinational provider of IT services and solutions. It focuses on digital transformation, consulting, and business process outsourcing for clients across various sectors globally.
With a market capitalization of Rs. 1,66,687.44 crores, Tech Mahindra's shares closed at Rs. 1703, an increase of about 3.63 percent from the previous day. The company will announce its results on January 17, 2025.
9. Wipro Limited
Wipro Limited, founded in 1945 and based in Bengaluru, India, is a major multinational technology company. It offers IT services, consulting, and business process outsourcing across various industries globally.
With a market capitalization of Rs. 3,14,705.19 crores, Wipro's shares closed at Rs. 300.60, an increase of about 2.89 percent from the previous day. The company is scheduled to announce its results on January 17, 2025.
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