Q4 Earnings Crushed Expectations. These 8 Stocks Are Still Cheap

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Stocks To Watch Out For Tomorrow On The Back Of A Very Strong Q4 🔥

The Indian stock market is expected to open higher on Thursday, tracking gains in global markets. The Sensex and Nifty are likely to open up by 0.5% to 1%.

Investors will be closely watching the earnings of companies that have reported their results for the fourth quarter (Q4) of FY23. Some of the key companies that have reported strong earnings include Tata Motors, VST Tillers, Loyal Equipments, HPCL, Foods & Inns, Kokuyo Camlin, GE Shipping, and Cholamandalam Financial.

Tata Motors reported a 107% YoY growth in net profit to Rs 7,645 crore in Q4 FY23. The company's revenue grew by 48% YoY to Rs 76,246 crore.

VST Tillers reported a 135% YoY growth in net profit to Rs 131 crore in Q4 FY23. The company's revenue grew by 45% YoY to Rs 1,016 crore.

Loyal Equipments reported a 102% YoY growth in net profit to Rs 24 crore in Q4 FY23. The company's revenue grew by 38% YoY to Rs 322 crore.

HPCL reported a 132% YoY growth in net profit to Rs 3,884 crore in Q4 FY23. The company's revenue grew by 24% YoY to Rs 1,02,894 crore.

Foods & Inns reported a 140% YoY growth in net profit to Rs 116 crore in Q4 FY23. The company's revenue grew by 31% YoY to Rs 1,200 crore.

Kokuyo Camlin reported a 102% YoY growth in net profit to Rs 111 crore in Q4 FY23. The company's revenue grew by 22% YoY to Rs 1,072 crore.

GE Shipping reported a 103% YoY growth in net profit to Rs 100 crore in Q4 FY23. The company's revenue grew by 25% YoY to Rs 1,477 crore.

Cholamandalam Financial reported a 123% YoY growth in net profit to Rs 1,000 crore in Q4 FY23. The company's revenue grew by 21% YoY to Rs 10,274 crore.

These are just a few of the many companies that have reported strong earnings for Q4 FY23. Investors should keep an eye on these stocks as they could be in for further gains in the coming days.

Disclaimer: This is not a financial advice. Please do your own research before investing in any stock.

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