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- Top stocks to watch in the upcoming special live trading session include JSW Steel, Delhivery, and Indian Oil Corp among others.
- Significant movements in stock prices are anticipated due to recent financial reports and strategic corporate developments.
- “The market reacts swiftly to earnings reports, and with several companies showing varied results, investor focus will be intense,” noted a market analyst.
This article provides an overview of the key stocks to watch in the upcoming trading session, highlighting recent financial performances and strategic moves.
Market Movements Expected in Upcoming Trading Session
With the special live trading session approaching, investors are keenly watching several key stocks following their latest quarterly earnings and strategic announcements.
JSW Steel Reports Decline in Profits
JSW Steel, a major player in the steel industry, reported a significant 64.54% drop in consolidated net profit for the March quarter, primarily affected by rising coking coal prices. This result could influence its stock performance in the upcoming session.
Logistics and Banking Sectors Show Varied Results
Delhivery has shown a promising increase in revenue, suggesting growth in the logistics sector, while Bandhan Bank faced a sharp decline in net profit by 94%, which might concern investors.
Energy and Media Sectors to Watch
Indian Oil Corp’s new LNG contract with TotalEnergies could signify a strategic advantage in the energy market. Meanwhile, Zee Entertainment returns to profit, which may affect its market valuation positively.
Pharmaceutical and Telecom Developments
Zydus Lifesciences and Vodafone Idea have reported noteworthy developments, with Zydus experiencing a surge in profits and Vodafone planning to roll out 5G services, potentially boosting their stock value.
Conclusion
The upcoming trading session is expected to be eventful with significant stock movements based on the latest financial reports and strategic developments. Investors should keep a close watch on these companies for potential impacts on their portfolios.
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