On May 17, 116 companies, including NHPC, Zee Entertainment, Pfizer, and JSW Steel, are set to release their Q4 FY24 results. Notably, Gail reported a 289% surge in consolidated net profit, reaching Rs 2,468.71 crore, attributed to a low base effect and previous supply disruptions. Conversely, Biocon witnessed a 57% decline in net profit, falling short of estimates. Amidst volatile trading, the Sensex closed at 73,663.4, up by 0.93%, reflecting investor reactions to earnings reports and broader economic signals. Market trends are expected to be influenced by these figures in the coming days.
Quarterly Earnings Season: Key Updates and Market Response
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