News

Q4 results on May 5: Mahindra & Mahindra, Indian Hotels Company, Coforge, J&K Bank, ZEE, Bombay Dyeing Co., Capri Global, CAMS, and Prataap Snacks are among at least 49 companies set to release their Q4FY25 results today.

This week, see over 70 Indian companies announce their March quarter results during the Q4FY25 earnings season. These include heavyweights such as L&T, Coal India, Asian Paints, Titan, One 97 Comunication (Paytm), Swiggy, Pidilite Industries, and Dr Reddy's Labs, among others.

Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal Financial Services expects the market to consolidate in a broad range with a positive bias. “Stock-specific action is likely to dominate the market, although some volatility may be expected due to geopolitical tensions,” he added.

At least 49 companies are set to release their Q4FY25 earnings report today, including OneSource Specialty Pharma, Prataap Snacks, Summit Securities, Unicommerce Esolutions, Zee Media Corporation, POCL Enterprises, SIL Investments, Sunshield Chemicals, Stovec Industries, Vinyl Chemicals (India), Pelatro, Shish Industries, Nureca, Sah Polymers, TAHMAR ENTERPRISES, Smruthi Organics Limited, Vippy Spinpro, Savani Financial, Sattva Sukun Lifecare, Siel Financial Services, Mahindra and Mahindra, Indian Hotels Company, DCM Shriram, Jammu and Kashmir Bank, Epigral, Ethos, Magellanic Cloud, Jash Engineering, Kalyani Steels, Hind Rectifiers, GHCL Textiles, DMCC Speciality Chemicals, Entertainment Network India, Nila Spaces, Davangere Sugar Company, GAMCO, Gujarat Poly Avx Electronics, Mittal Life Style. Invigorated Business Consulting, Narendra Properties, COFORGE LIMITED, Computer Age Management Services, Capri Global Capital, CCL Products India, Cigniti Technologies, The Bombay Dyeing Co., and Baheti Recycling Industries.

The benchmark Nifty-50 index closed at 24,346.70, up 1.3 per cent last week ended May 2. The Bank Nifty at 55,115.35 was 0.8 per cent; while auto, pharma, and realty were among top gainers, and FMCG, metals, and utilities were the top losers. Broader markets closed marginally lower.

For the Nifty on May 5, Amol Athawale, VP — Technical Research at Kotak Securities thinks that “24,200 would act as a sacrosanct support zone and above this level, its positive momentum up to 24,600–24,800. On the flip side, below 24,200, the chances of hitting the 200-day SMA or 24,050 would increase”.

“For Bank Nifty, 55,800 would be the immediate breakout level and above this, it could move up to 56,100–56,500,” he added.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.