As the financial year progresses, investors’ attention shifts to corporate earnings, which offer valuable insights into the financial health of companies and their prospects for the year ahead. The upcoming Q3 FY2024 earnings season for Nifty 50 companies is set to commence in January, with several heavyweights slated to announce their results in the coming weeks.
Tracking Key Earnings Dates and Volatility
Here’s a table outlining the expected earnings dates for 20 Nifty 50 companies, along with their current market capitalisation:
| S.No. | Name | CMP (Rs) | Mar Cap (Rs crore) | Date of Q3 FY2024 Result Announcement | Expected Timing IST (24H) | Date of Q3 FY2023 Result Announcement |
| 1 | Infosys | 1,512.70 | 6,27,753.94 | January 11, 2024 | 15:45 | January 12, 2023 |
| 2 | TCS | 3,666.80 | 13,41,700.95 | January 11, 2024 | After Market | January 09, 2023 |
| 3 | HCL Technologies | 1,419.95 | 3,85,393.89 | January 12, 2024 | After Market | January 12, 2023 |
| 4 | HDFC Life Insur. | 647.95 | 1,39,351.95 | January 12, 2024 | Not Disclosed | January 20, 2023 |
| 5 | Wipro | 452.4 | 2,36,344.36 | January 12, 2024 | After Market | January 13, 2023 |
| 6 | HDFC Bank | 1,690.85 | 12,83,813.65 | January 16, 2024 | After Market | January 14, 2023 |
| 7 | Asian Paints | 3,379.95 | 3,24,396.38 | January 17, 2024 | After Market | January 19, 2023 |
| 8 | LTIMindtree | 5,866.40 | 1,73,629.78 | January 17, 2024 | During Market | January 20, 2023 |
| 9 | UltraTech Cem. | 10,014.80 | 2,89,113.92 | January 19, 2024 | Not Disclosed | January 21, 2023 |
| 10 | ICICI Bank | 987.15 | 6,92,327.88 | January 20, 2024 | After Market | January 21, 2023 |
| 11 | Axis Bank | 1,123.40 | 3,46,180.29 | January 23, 2024 | Not Disclosed | January 23, 2023 |
| 12 | Bajaj Auto | 6,922.15 | 1,95,939.95 | January 24, 2024 | After Market | January 25, 2023 |
| 13 | Tech Mahindra | 1,247.50 | 1,21,776.50 | January 24, 2024 | After Market | January 30, 2023 |
| 14 | Cipla | 1,296.65 | 1,04,717.30 | January 25, 2024 | Not Disclosed | January 25, 2023 |
| 15 | JSW Steel | 837.1 | 2,04,708.95 | January 25, 2024 | Not Disclosed | January 20, 2023 |
| 16 | Bajaj Finance | 7,705.55 | 4,76,391.72 | January 29, 2024 | Before Market | January 27, 2023 |
| 17 | Bajaj Finserv | 1,701.95 | 2,71,617.07 | January 30, 2024 | After Market | January 30, 2023 |
| 18 | Dr Reddy’s Labs | 5,842.20 | 97,467.36 | January 30, 2024 | Not Disclosed | January 25, 2023 |
| 19 | Nestle India | 27,116.40 | 2,61,444.71 | February 07, 2024 | During Market | February 16, 2023 |
| 20 | Hindalco Inds. | 590.5 | 1,32,675.77 | February 13, 2024 | Not Disclosed | February 09, 2023 |
Navigating Earnings Season Like A Pro
Stay Ahead of the Curve
By closely tracking these earnings announcements and carefully evaluating the results, investors can gain valuable insights into the overall health of the Nifty 50 and make informed investment decisions ahead of 2024. Remember, earnings season presents both opportunities and risks. Conduct thorough research, manage risk appropriately, and stay informed to navigate this crucial period successfully.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Jan 5, 2024, 11:53 AM IST
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