Results To Keep An Eye On In The Upcoming Week

With HDFC Bank, indusInd Bank, Hindustan Zinc, and Reliance Industries posting a positive results last week, it could  not be wrong to say that in the coming week the stock markets could further see a roller coaster ride as the following companies  are expected to release their Q4FY16 results this week.

As major banks have posted a good earnings so far, it is majorly expected that the results for the remaining private banks are likely to be positive. With the Non Performing Asset increased on the balance sheet it could be further interesting to see whether these Non Performing Assets will impact the earning of five major banks which are expected to declare its Q4FY16 results.

As far as Maruti is concerned, the newly launched Brezza has outperformed , the March sales have certainly increased ,it could be quite interesting to see with such an increase in sales how could be the overall impact on earnings.

Indigo stands tall with 38 per cent market share with crude oil already low and it is expected that it will further boost the profit margin of the industry. With the real estate sector already soaring, it could be interesting to see the financial results of Ambuja and ACC cement.

In the last week, Wipro’s quarterly earnings soared by 6 per cent and all  eyes this week will be on KPIT and HCL technologies as both will release its Q4FY16 results. Both the firms share the same space  in technology.