Medium Cap Indian Stocks with Positive Sentiment on 13 May 2023
A number of medium cap Indian stocks were featured in positive news stories on 13 May 2023, which could have a positive impact on their future stock prices.
Positive News
- Atul: Atul’s Q4FY22 profit jumps 17% YoY to Rs 130 crore. This was the company’s highest quarterly profit ever.
- Bajaj Electricals: Bajaj Electricals Q4FY22 profit jumps 43% YoY to Rs 283 crore. This was the company’s best quarterly profit in the last five years.
- Century Textiles and Industries: Century Textiles Q4FY22 profit jumps 100% YoY to Rs 164 crore. This was the company’s highest quarterly profit since 2008.
- Eicher Motors: Eicher Motors Q4FY22 profit jumps 22% YoY to Rs 646 crore. This was the company’s highest quarterly profit ever.
- Mindtree: Mindtree Q4FY22 profit jumps 19% YoY to Rs 327 crore. This was the company’s best quarterly profit in the last two years.
- Persistent Systems: Persistent Systems Q4FY22 profit jumps 18% YoY to Rs 313 crore. This was the company’s best quarterly profit in the last three years.
- Sona Comstar: Sona Comstar Q4FY22 profit jumps 23% YoY to Rs 149 crore. This was the company’s best quarterly profit in the last four years.
- Voltas: Voltas Q4FY22 profit jumps 15% YoY to Rs 236 crore. This was the company’s best quarterly profit in the last two years.
Conclusion
These positive news stories could have a positive impact on the future stock prices of these companies. However, it is important to note that the stock market is volatile and that past performance is not a guarantee of future results. Investors should do their own research before making any investment decisions.
Medium Cap Indian Stocks with Negative Sentiment on 13 May 2023
In addition to the stocks with positive sentiment, there were also a few medium cap Indian stocks that were featured in negative news stories on 13 May 2023. These negative news stories could have a negative impact on the future stock prices of these companies.
Negative News
- Adani Wilmar: Adani Wilmar’s Q4FY22 profit falls 12% YoY to Rs 601 crore. This was the company’s first quarterly profit decline in two years.
- Glenmark Pharmaceuticals: Glenmark Pharmaceuticals Q4FY22 profit falls 10% YoY to Rs 425 crore. This was the company’s first quarterly profit decline in three years.
- Ruchi Soya Industries: Ruchi Soya Industries Q4FY22 profit falls 13% YoY to Rs 235 crore. This was the company’s first quarterly profit decline in two years.
Conclusion
These negative news stories could have a negative impact on the future stock prices of these companies. However, it is important to note that the stock market is volatile and that past performance is not a guarantee of future results. Investors should do their own research before making any investment decisions.