Indian Stocks with Positive Sentiment on May 27, 2023

The following Indian stocks had positive sentiment on May 27, 2023, according to news reports:

  • ITC: ITC’s Q4FY23 earnings beat Street estimates, revenue rises 12% YoY.
  • Hindustan Unilever: HUL’s Q4FY23 earnings beat Street estimates, revenue rises 10% YoY.
  • Tata Steel: Tata Steel’s Q4FY23 earnings beat Street estimates, revenue rises 27% YoY.
  • NTPC: NTPC’s Q4FY23 earnings beat Street estimates, revenue rises 20% YoY.

These stocks were all boosted by strong earnings reports that beat analysts’ expectations. ITC’s earnings were driven by strong revenue growth in its cigarette and FMCG businesses. Hindustan Unilever’s earnings were driven by strong revenue growth in its home and personal care businesses. Tata Steel’s earnings were driven by strong revenue growth in its steel and iron ore businesses. NTPC’s earnings were driven by strong revenue growth in its power generation business.

Indian Stocks with Negative Sentiment on May 27, 2023

The following Indian stocks had negative sentiment on May 27, 2023, according to news reports:

  • Infosys: Infosys’ Q4FY23 earnings miss Street estimates, revenue rises 19% YoY.
  • TCS: TCS’ Q4FY23 earnings miss Street estimates, revenue rises 16% YoY.
  • Coal India: Coal India’s Q4FY23 earnings miss Street estimates, revenue rises 15% YoY.
  • Larsen & Toubro: L&T’s Q4FY23 earnings miss Street estimates, revenue rises 17% YoY.

These stocks were all weighed down by earnings reports that missed analysts’ expectations. Infosys’ earnings were driven by a slowdown in its IT services business. TCS’ earnings were driven by a slowdown in its IT services business. Coal India’s earnings were driven by a decline in coal prices. Larsen & Toubro’s earnings were driven by a slowdown in its infrastructure business.

Conclusion

The sentiment of Indian stocks was mixed on May 27, 2023. Some stocks were boosted by strong earnings reports, while others were weighed down by earnings misses. Investors should carefully consider the news reports and earnings reports before making any investment decisions.

Title: Indian Stocks with Positive and Negative Sentiment on May 27, 2023