Important results today: Tech Mahindra, PNB, HPCL, GAIL

The results expected today include Tech Mahindra, Punjab National Bank, Hindustan Petroleum Corporation, DLF, GAIL (India), ACC.

Quarterly results that are expected today include Tech Mahindra, Punjab National Bank, Hindustan Petroleum Corporation, DLF, GAIL (India), ACC, BHEL, Marico, IDFC First Bank, Apollo Tyres.

Here is the street expectation for the companies:

Tech Mahindra Consensus expectations for Q3FY19E:

• Revenue – Rs 8,956cr, up by 3.8% qoq aided by a pick-up in telecom verticl on the back of recent deal wins. Enterprise vertical is expected to bounce back after HCI dragged down revenues in Q2. Enterprise growth is expected to be restricted on account of furloughs.
• The street is building in USD revenue growth of ~2.3% qoq with cross currency impact of 60-70bps.
• EBIT – Rs1,391cr, up by 5% qoq.
• EBIT margin – 15.5%, expansion of ~18bps aided operational efficiencies. The company is aiming for steady improvement in margins.
• PAT – Rs1,107cr, up by 4.0% qoq.

GAIL Consensus estimates for Q3FY19E:

• Net Revenue – Rs18,985cr, up 32% yoy
• EBITDA – Rs2,476cr, up by 9% yoy
• PAT – Rs1,578cr, up by 25% yoy

HPCL Consensus estimates for Q3FY19:

• Net Revenue: Rs67,592cr, up 18% yoy supported by higher realizations and stable throughput
• EBITDA: Rs839cr, down 73% yoy
• PAT: Rs270cr, down by 86% yoy

More companies announcing results today are: 

Prataap Snacks, Aditya Birla Capital, Suven Life Sciences, Blue Star, Tube Investments of India, Future Enterprises, Future Enterprises, Snowman Logistics, Spice Mobility, Tata Chemicals, Sutlej Textiles, SEL Manufacturing Company, Arshiya, V-Mart Retail, Uttam Galva Steels, Usha Martin, Trent, Bombay Dyeing, Birla Corporation, Jai Corp, HCL Infosystems, Torrent Power, Jai Balaji Industries, De Nora India, GeeCee Ventures, Allied Digital Services, Tata Global Beverages, Asahi Songwon Colors, Symphony, LT Foods, Trigyn Technologies, Oswal Agro Mills, DPSC, Century Plyboards (India), Hotel Rugby, Oswal Chemicals & Fertilizers, United Bank of India, JBF Industries, Ador Welding, Mangalore Refinery and Petrochemicals, Kamat Hotels, Dish TV India, Reliance Infrastructure, PTL Enterprises, Alkali Metals, INOX Leisure, Timken India, Indian Card Clothing Company, Sobha, CESC, RPG Life Sciences, Brigade Enterprises.

Get more details here:

  Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tips

Call on:9977499927

* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.