Q4 Results Today: Angel One, ICICI Lombard, Tata Communications among 10 companies to post Q4 earnings on April 17

Companies to post Q4 results today:

ICICI Lombard General Insurance Company, Tata Communications, Just Dial, Angel One, DRA Consultants, Gretex Corporate Services, Hardcastle & Waud Mfg. Co., Hathway Cable & Datacom, Infomedia Press, and KCL Infra Projects are the ten companies that will release their Q4 results today, April 17.

Shares of these ten companies will likely react to their Q4 results on Thursday, April 18, as the Indian stock market is closed today for Ram Navami.

Read here: Stock market holiday: BSE, NSE to remain closed today for Ram Navami

India Inc. is expected to report moderate earnings for the March quarter of the last financial year led by domestic cyclical, such as auto and BFSI, while global cyclical, such as oil & gas and metal lagging.

Also Read: Ashapuri Gold Ornament Q4 FY24 Results: Profit rise by 11562.88% YOY

Stock Market

On April 16, Indian equity benchmark indices Sensex and Nifty continued to slump dragged down by heavy selling in IT stocks amid weak global trends and fears of escalating tensions in the Middle East.

The 30-share BSE Sensex tanked 456.10 points or 0.62 per cent to settle at 72,943.68. During the day, it slumped 714.75 points or 0.97 per cent to a low of 72,685.03.

The NSE Nifty declined 124.60 points or 0.56 per cent to finish at 22,147.90.

In the broader market, the BSE smallcap gauge climbed 0.57 per cent and midcap index advanced 0.05 per cent.

Read here: Stock market today: Sensex, Nifty fall for 3rd consecutive session; IT stocks among top drags; mid, smallcaps outperform

Among the sectoral indices, IT declined 2.32 per cent, teck (2.09 per cent), bankex (0.50 per cent), metal (0.36 per cent), capital goods (0.26 per cent) and commodities (0.24 per cent).

Energy, consumer discretionary, healthcare, industrials, consumer durables, oil & gas, and power were the gainers.

The market capitalisation (mcap) of BSE-listed companies was eroded by ₹7,93,529.61 crore to ₹3,94,25,823.46 (USD 4.75 trillion) in three days.

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Published: 17 Apr 2024, 06:47 AM IST