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This Article is From Jul 19, 2024

Q1 Results Today: RIL, Paytm, Patanjali Among 50+ Firms To Declare Earnings

Q1 Results Today: RIL, Paytm, Patanjali Among 50+ Firms To Declare Earnings
Signage for Reliance Industries Ltd. in Gujarat, India.

Q1 Results FY25: On July 19, some of India's prominent companies like Bharat Petroleum Corp., Reliance Industries Ltd., Ultratech Cement Ltd., and Paytm parent One97 Communications Ltd. will announce their Q1 results.

Other notable companies like Patanjali Foods Ltd., Union Bank Of India and Pulsar International Ltd. will also declare their first-quarter earnings on Friday.

Prominent tech companies like Infosys Ltd., Tata Technologies Ltd. and L&T Technology Services Ltd. announced their earnings on Thursday.

Catch all the RIL Q1 Results live updates on NDTV Profit.

Q1 Results On July 19

Aether Industries Ltd., Atul Ltd., Aurum PropTech Ltd., Avantel Ltd., BEML Land Assets Ltd., Blue Dart Express Ltd., Bharat Petroleum Corporation Ltd., Ceenik Exports (India) Ltd., CreditAccess Grameen Ltd., Continental Securities Ltd., Fedbank Financial Services Ltd., Gujarat Lease Financing Ltd., Hawa Engineers Ltd., ICICI Lombard General Insurance Company Ltd., Indbank Merchant Banking Services Ltd., Indian Hotels Company Ltd., JSW Energy Ltd., JSW Steel Ltd., Jubilant Pharmova Ltd., Kabra Extrusiontechnik Ltd., Krishna Ventures Limited, Ksolves India Ltd., Mahindra EPC Irrigation Ltd., Maruti Securities Ltd., Nippon Life India Asset Management Ltd., Oberoi Realty Ltd., Onward Technologies Ltd., Orissa Minerals Development Company Ltd., Patanjali Foods Ltd., One 97 Communications Ltd., Ponni Sugars (Erode) Ltd., Pulsar International Ltd., PVR Inox Ltd., Reliance Industries Ltd., Route Mobile Ltd., RPG Life Sciences Ltd., Spentex Industries Ltd., Supreme Petrochem Ltd., Stanley Lifestyles Ltd., Summit Securities Ltd., Suraj Ltd., Swojas Energy Foods Ltd., Tanfac Industries Ltd., Tejas Networks Ltd., Tree House Education & Accessories Ltd., Transformers & Rectifiers (India) Ltd., Ultratech Cement Ltd., Union Bank of India, Vipul Organics Ltd., Virinchi Ltd., Wipro Ltd. will report their quarterly earnings on Friday, July 19.

Stock Market Today

Indian benchmarks opened higher with the NSE Nifty 50 touching fresh high. However, shortly after, it erased all gains as heavyweight Reliance Industries Ltd., ICICI Bank Ltd. dragged. As of 09:25 a.m., the Nifty 50 56.35 points or 0.23% lower at 24,755.20, and the S&P BSE Sensex was 39.83 points or 0.5% lower at 81,303.63. Shortly after opening, the Nifty 50 scaled a fresh high of 24,841. For Nifty 50 and Sensex 24,700-24,600/81,000-80,700 can serve as immediate support. Above 24,850/81,600, the market may continue its positive momentum towards 24,950-25,000/81,900-82,000. The strategy should be to buy around support levels and reduce long positions at resistance levels, said Shrikant Chouhan, head equity research, Kotak Securities.

On BSE, broader markets declined. The S&P BSE Midcap and Smallcap were trading 0.50% and 0.29% lower, respectively. On BSE, 15 sectors declined, and five advanced out of 20. The S&P BSE Metal declined the most, and the S&P BSE IT rose the most. Market breadth was skewed in favour of sellers. Around 1,828 stocks fell, and 1,124 stocks advanced, and 117 stocks remained unchanged on BSE.

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