The results analyzer tracking daily results at the industry level, had Sun TV, Sagar Cements, Quess Corp and others announce their results yesterday. Sun TV missed expectations in its performance, with its net profit YoY declining QoQ falling sharply by over 19% and YoY net profits also showing a marginal fall. As a result the stock is seeing a selloff today, despite revenue growth rising 24% YoY.
Sagar Cements (which is in 12 stock screeners including pledge increase) is rising on strong net profit growth YoY, which has jumped nearly four times. Revenue growth was more modest at 24% rise YoY. AllCargo Logistics is also rising post strong Q4 results.