Q1 results today: LIC, Hero MotoCorp to SAIL — 200 companies to declare Q1 results 2023
Q1 results today: After trend reversal at Indian stock market, experts have started to expect key benchmark indices to climb to a new peak. In fact, some experts are expecting 70,000 levels for Sensex by end of 2023 whereas some are predicting Nifty to climb up to 21,000 in next five months.
However, amid quarterly results season, experts are advising both intraday trading members and positional investors to remain vigilant about the Q1 results 2023 announced by respective listed entities as it would help them know about the financials of the companies. For such stock market investors, there is a piece of stock market news today.
200 listed companies are going to declare their respective Q1 results today. Those 200 companies include Life Insurance Corporation (LIC) of India, Pidilite Industries, Grasim Industries, Samvardhana Motherson International, Hero MotoCorp, Page Industries, Container Corporation of India, Steel Authority of India Limited (SAIL), Mazagon Dock Shipbuilders, General Insurance Corporation of India.
Torrent Power, Apollo Tyres, Endurance Technologies, Sanofi India, Manappuram Finance, NCC, NBCC (India), Graphite India, MTAR Technologies, FMM Pfaudler, Indiabulls Real Estate, Ashoka Buildcon, Suryoday Small Finance Bank, Omaxe, Balaji Telefilms, etc. Here we list out quarterly results announced by some of the above mentioned companies in previous quarter that would help stock market investors to understand the financial health of the company in long term after the announcement of Q1 results today: LIC posted impressive growth in the bottom-line for the fourth quarter of FY23.
Consolidated Q4 FY23 PAT stood at ₹13,190.79 crore, rising by a breathtaking 447.47% or 5.5 folds year-on-year. In Q4FY22, the
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