Rankings of companies based on results

Indian market results’ season has just taken off and is propelling the market sideways. During the last week almost 141 companies announced their last quarter result of FY2016. 34 companies have given median returns of 4.6%. We have analysed companies which announced their fourth quarter results of FY16 during the previous week and have derived the top performer in terms of returns over the week.

Walchand PeopleFirst Ltd. has given 30.49 per cent returns in last one week on the back of TTMEPS of 8.54 vs. 4. Gujarat Narmada Valley Fertilisers & Chemicals Ltd., which belongs to the fertiliser sector gave a return of 19.04 per cent after Q4FY16 results. In Q4FY16, net sales have increased by 9.73 per cent to Rs. 1308.31 crore as compared to same period in last year, and company has recommended a dividend of Rs 2 per share. This is one of the factors which gave it a spike. Moving forward to Raymond Ltd. from Textile sector and UPL Ltd. from Chemical sector, they have given a return of around 13 per cent each on account of the positive note related to increased profit numbers. Raymond’s and UPL’s sales have increased by 5.22 per cent and 10.01 per cent on a yearly basis respectively. Tata Metaliks has also spiked to CMP of Rs 124 and given return of 9.9 per cent since they have considered dividend in their latest board meeting and reported an increase in net profit by 11.19 per cent to Rs 122.79 crore on a yearly basis.

Mostly small and mid-cap companies from different sectors play their card and accelerate share prices upward due to good quarter numbers and dividend consideration. Tata Motors, ICICI Bank, Shilp Gravures and HCL Technologies have shown a downward trend due to marginal results.