Q4 FY18 Results: 50% Show Improvement, 34% Flat | CORPORATE ETHOS

Q4 FY18 Results: 50% Show Improvement, 34% Flat

By: | May 21, 2018
corporate results

May 21: A review of Q4FY18 corporate results declared reveal that close to 50% have improved their performances while 34% has shown a flat trend, according to Markets Mojo.

Of the results declared, 370 stocks have improved their performance while 146 stocks showed negative results and 34% flat. Among the major companies that showed positive change included ITI Ltd, Inditrade Capital, Suryalakshmi Cotton, Rushil Décor, Khaitan Chemicals, Atul Atuo, Schneider Electric, Gujarat Ambuja Exports, IFGL Refractories, Porwal Auto, Bajaj Auto, Sheela Foam Ltd, PL Italca, JK Tyre and Industries, Shyam Century among others.

Major decline in performance was noted in Balaji Telefilms, Future Lifestyle, Den Networks, Strides Shasun, Tanla Solutions, TIL Ltd among others.

BSE Sensex had risen to a recent high of 35543.79 before falling back to 34,693.24 on impact of Karnataka poll outcome and related controversies and rising crude oil prices.  Nifty has fallen from a recent high  of 10806.50 to 10,532.40 on domestic and global developments.