Summary: As the earnings season kicks off, several Indian companies are preparing to announce their quarterly results in January 2024. This article provides insights into eight companies and their upcoming announcements, their market capitalization figures, share price trends, and highlights from their financial reports in the previous quarter. It is important for investors to exercise caution and seek professional advice before making any investment decisions.
G M Breweries Ltd: Strong Performance Expected
Indian alcoholic beverage producer, G M Breweries Ltd, is set to announce its quarterly results on January 4, 2024. With a market capitalization of Rs 1,293.14 crore, the company’s shares closed at Rs 707.50 per share, experiencing a slight increase compared to the previous closing price. In the previous quarter, the company reported a revenue of Rs 152 crore and a net profit of Rs 22 crore.
HDFC Asset Management Company Ltd: Managing Assets with Confidence
HDFC Asset Management Company Ltd, responsible for managing assets for HDFC Mutual Fund, is expected to announce its quarterly results on January 11, 2024. The company’s market capitalization is at Rs 68,451.51 crore, and its shares closed at Rs 3,206.40 per share, showing a slight decrease. In the preceding quarter, HDFC Asset Management Company reported a revenue of Rs 643 crore and a net profit of Rs 438 crore.
Infosys Ltd: Transforming Digital Services
Infosys Ltd, a leading provider of consultancy, technology, and outsourcing services, will reveal its quarterly results on January 11, 2024. With a market capitalization of Rs 6.40 lakh crore, the company’s shares closed at Rs 1,542.85 per share, experiencing a slight decrease. In the previous quarter, Infosys Ltd recorded a revenue of Rs 38,994 crore and a net profit of Rs 6,215 crore.
HCL Technologies Ltd: Driving IT Growth
HCL Technologies Ltd, one of the top five IT services companies in India, is set to announce its quarterly results on January 12, 2024. With a market capitalization of Rs 3.97 lakh crore, the company’s shares closed at Rs 1,466.10 per share, declining slightly. In the previous quarter, HCL Technologies Ltd reported a revenue of Rs 26,672 crore and a net profit of Rs 3,833 crore.
Wipro Ltd: Powerhouse of IT Services
Multinational firm Wipro Ltd, known for its IT, consulting, and business process services, will disclose its quarterly results on January 12, 2024. With a market capitalization of Rs 2.46 lakh crore, the company’s shares closed at Rs 471.70 per share, reflecting a slight increase. In the previous quarter, Wipro Ltd achieved a revenue of Rs 22,516 crore and a net profit of Rs 2,667 crore.
Angel One Ltd: Diversified Financial Services
Angel One Ltd, a diversified financial services firm, will announce its quarterly results on January 15, 2024. With a market capitalization of Rs 29,291.77 crore, the company’s shares closed at Rs 3,489.45 per share, showing an increase. In the previous quarter, Angel One Ltd recorded a revenue of Rs 1,048 crore and a net profit of Rs 304 crore.
Brightcom Group Ltd: Digital Marketing Solutions
Brightcom Group Ltd, a global provider of digital marketing solutions, is expected to publish its quarterly results on January 15, 2024. With a market capitalization of Rs 3,902.66 crore, the company’s shares closed at Rs 19.34 per share, experiencing a slight decrease. In the previous quarter, Brightcom Group Ltd reported a revenue of Rs 1,690 crore and a net profit of Rs 321 crore.
HDFC Bank Ltd: Banking and Financial Services Leader
HDFC Bank Ltd, a prominent banking and financial services provider, will announce its quarterly results on January 16, 2024. With a market capitalization of Rs 12.9 lakh crore, the company’s shares closed at Rs 1,709.65 per share, registering a slight increase. In the previous quarter, HDFC Bank Ltd achieved a revenue of Rs 75,039 crore and a net profit of Rs 17,312 crore.
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