Indian Oil, REC, Havells India among 56 firms to post results today

As many as 56 companies will on Tuesday announce their results for the fourth quarter of Financial Year 2023-24 (Q4 FY24). 

Indian Oil, REC, Havells India, Adani Energy, Adani Total Gas, and Jindal Hotels are in this list.

Vinod Nair, head of research at Geojit Financial Services, told sources that the domestic market has had subdued earnings, particularly in the information technology, sector. 

He spoke about the potential impact of the upcoming United States (US) Federal Reserve policy and US nonfarm payroll data on global markets.

Indian companies’ results are expected to provide insights into various industries revenue growth and future prospects.

Investors are advised to keep a close watch on the stocks of these companies, as their performance over the quarter is likely to influence market dynamics.

From major tech players to established consumer brands, the upcoming disclosures will paint a picture of the broader economic landscape.