The fourth quarter earnings season is in the last leg and the Street is awaiting numbers from some of the top PSU companies and other index heavyweights including Airtel and ITC.
Indian Oil, ITC, IndiGo, SBI, Zomato are among a slew of companies that are set to announce their fourth quarter results.
So far, results from the IT pack have disappointed the Street, which was offset by strong numbers from banking and financial pack. Going forward, investors would continue to track corporate earnings to gauge the direction of the market.
Here’s a look at the major earnings this week:
Tube Investments of India, Astral, Coromandel International, Pfizer, PVR Inox, Century Plyboards (India), Asahi India Glass, Kalyan Jewellers India, Procter & Gamble Health, Karur Vysya Bank, PCBL, Vesuvius India, Patel Engineering, HIL, Subex, and others will announce their results on May 15.
Index majors Bharti Airtel, Indian Oil along with Bank of Baroda, Jindal Steel, Max Healthcare, Oberoi Realty, LIC Housing Finance, CCL Products, Triveni Turbine, JK Paper, Metropolis Healthcare, TV Today, will declare their results on May 16.
REC, Honeywell Automation, Jubilant Foodworks, Thermax, Timken India, Jindal Stainless, GlaxoSmithKline Pharma, SKF, Devyani, Endurance Tech, Whirlpool, Zydus Wellness, Quess Corp, JK Tyre, Vaibhav Global, Railtel, and a slew of other companies will come up with fourth quarter results on May 17.
FMCG major ITC, SBI, IndiGo, GAIL, United Spirits, Zydus Life, PI Industries, Container Corp, Uno Minda, Gland Pharma, Bata India, Ramco Cements, Trident, Clean Science Tech, PNB Housing Finance, LT Foods, Divgi TorqTransfer, and others will announce their March quarter results on May 18.
JSW Steel, NTPC, Power Grid, Punjab National Bank, Muthoot Finance, Abbott India, Bandhan Bank, Delhivery, Motherson Sumi, Sun TV, Glenmark Pharma, Godrej Industries, Hindustan Copper, Minda Corp, JK Lakshmi Cement, Saregama, and others will declare their results for the quarter ended March on May 19.
Divi’s Labs, Bharat Electronics, Multi Commodity Exchange, Godawari Power, VRL Logistics, Fineotex Chemical, among others will announce their fourth quarter results on May 20.