New Delhi. Power Grid Corporation of India- PGCIL, DLF, Fizer, New India Assurance (New India Assurance.), NLC India, PI Industries, Borosil, Everest Industries and Gujarat Gas (GUJARAT GAS Fourth Quarter Results are going to be released.
Overall, more than 500 companies are list to announce their March quarter results (Q4Fy25) from May 19-25 this week. These include ONGC, India Electronics (BEL), Interglobe Aviation (IndiGo), Hindalco, Dixon Technologies India, Dreging Corporation of India and Pikadili Agro Industries.
The season’s season encouraging
According to Vinod Nair, head of research of Geojit Investments, the season of fourth quarter of FY 2025 has been encouraging. The report said, ‘Companies involved in the Nifty-500 have recorded an income increase of 10.5 per cent, which is much better than the estimate and is slight better than the large cap. This indicates improvement in midcap and smallcap income.
Q4 results of these companies will come today
At least 104 companies are set to release their Q4 results on Monday, May 19, including ACME Solar Holdings Limited, Power Grid Corporation of India, DLF, PI Industries, Petronet LNG, NLC India, Gujarat Gas, PI Industries, Borosil, Evilst Industries, Evil Industries, Everest Industries, New India Association Company, Jupiter Violence, Vositra Viocen Marco Metals, Alkali Metals, Lahar Footwear, Mallcom India, Honda India Power Products, Nosthene Arc Capital, JK Paper, Hindustan Foods, Dodla Dairy, Zidas Wellness, Macfoss and Fizar.
How will the market move today
The domestic stock market benchmark index, Sensex and Nifty are expected to open with a decline of 50 on Monday after signs of weakness in global markets. On Friday, the domestic equity market index closed down with a slight decline between profits at a high level after a boom. The Sensex fell 200.15 points or 0.24 percent to close at 82,330.59, while the Nifty fell at 50 42.30 points or 0.17 percent to close at 25,019.80.
Siddharth Khemka, Head (Research) (Property Management), Motilal Oswal Financial Services, said, “There is a possibility of continuing extensive consolidation with positive bias in the Indian stock market due to improvement in signs of geo-political tension, progress in business agreements and signs of large economic stability.