As companies gear up for the result season, we take a look at a screener for stocks that investors and analysts are bullish on. These stocks are rising ahead of their results, with analysts estimating revenue growth for Q3FY23. It lists 21 stocks from the Nifty 500 and four stocks from the Nifty 50 index with companies from the IT consulting & software industry dominating. 

Major stocks in the screener are L&T Finance Holdings, Petronet LNG, ICICI Lombard General Insurance, Syngene International, HCL Technologies, Tata Motors and Havells India.

L&T Finance Holdings has the highest revenue growth estimate of 127.5% YoY for Q3FY23. The holding company has risen 1.5% over the past week ahead of its results on Friday. According to KR Choksey, non-banking financial companies are expected to witness strong growth across all segments, thanks to high demand and a customer-centric approach. 

Analysts have estimated Petronet LNG’s revenue to grow by 33% YoY in Q3FY23. The stock rose 0.9% over the past week, ahead of its results on January 20. ICICI Securities believes that the oil marketing & distribution company’s earnings have bottomed out, and that stronger volumes and lower LNG prices will drive earnings growth. 

Tata Motors has a revenue growth estimate of 13.6% YoY in Q3FY23. The stock has risen 4.5% over the past week, ahead of its results on January 25. According to the commercial vehicles manufacturer’s business update for the quarter, it has witnessed a 13% YoY rise in its global wholesales, as the passenger vehicles segment and Jaguar wholesales improved by 23% YoY and 15% YoY respectively.

You can find more screeners here.