Meesho, Nestle, Ambuja and 7 other stocks in focus as they announce Q3 results today

Synopsis: Several major stocks, including Meesho, Nestlé India, Ambuja Cements, Bajaj Auto, and others, are in focus today as they announce results. Investors will track earnings to assess growth trends, valuations, margins, and near-term business outlooks across sectors.

Markets are set for an active session as key companies across cement, FMCG, auto, pharma, infrastructure, steel, and digital commerce announce their quarterly results today. Stocks such as Meesho, Nestlé India, Ambuja Cements, Bajaj Auto, and others will be closely watched for revenue growth, profitability trends, valuation comfort, and management commentary guiding future performance.

Ambuja Cements Ltd

Ambuja Cements Ltd is among the leading cement companies in India and is a member of the Adani Group with a strong presence across key regions and a focus on sustainable, cost-efficient operations. The company benefits from a wide distribution network and ongoing capacity expansion to support long-term infrastructure and housing demand.

With the market cap of Rs 1,32,490 crore, the shares of Ambuja Cements Ltd closed at Rs 536 and are trading at a PE of 23, whereas its industry PE is at 30. Overall, the upcoming results are expected to offer important cues on the company’s near-term growth outlook.

Bajaj Auto Ltd

Bajaj Auto, the flagship company of Bajaj Group, is a two-wheeler and three-wheeler manufacturing company that exports to several countries across Latin America, Southeast Asia, and many more.

With the market cap of Rs 2,65,473 crore, the shares of Bajaj Auto Ltd have closed at Rs 9,498 and are trading at a PE of 31.9, whereas its industry PE is at 24.9. The earnings announcement today should provide fresh insight into the company’s operating trajectory.

DOMS Industries Ltd

DOMS Industries Limited is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, DOMS.

With the market cap of Rs 13,958 crore, the shares of DOMS Industries Ltd have closed at Rs 2,300 and are trading at a PE of 65, whereas its industry PE is at 37.1. Results are likely to shed light on how the business is positioned for growth going ahead.

Glenmark Pharmaceuticals Ltd

Glenmark Pharmaceuticals Ltd is a global research-led pharmaceutical company with a presence across generics, speciality and OTC businesses with operations in over several countries.

With the market cap of Rs 55,932 crore, the shares of Glenmark Pharmaceuticals Ltd have closed at Rs 1,982 and are trading at a PE of 22.3, whereas its industry PE is at 29. The outcome of the earnings release will be crucial in understanding the company’s performance direction.

Jindal Steel Ltd

Jindal Steel & Power Ltd is one of India’s leading steel producers with significant presence in sectors like steel and mining. The group has a global presence through subsidiaries, mainly in Australia, Botswana, Indonesia, Mauritius, Mozambique, Madagascar, Namibia, South Africa, Tanzania and Zambia.

With the market cap of Rs 1,19,350 crore, the shares of Jindal Steel Ltd have closed at Rs 1,170 and are trading at a PE of 33.2, whereas its industry PE is at 22.8. Overall, the results are expected to clarify the sustainability of the company’s growth momentum.

Indokem Ltd

The company is a member of the Khatau group and is a certified supplier, manufacturer, and exporter of textile chemicals, sizing chemicals, dyes, and textile auxiliaries.

With the market cap of Rs 2,075  crore, the shares of Indokem Ltd have closed at Rs 744 and are trading at a PE of 367, whereas its industry PE is at 26.4.  The earnings update should help investors gauge the company’s outlook amid current market conditions.

KEC International Ltd

KEC International is a major global infrastructure EPC and has a presence in the verticals of power transmission and distribution, railways, civil and urban infrastructure, solar, oil & gas pipelines, and cables. It is the flagship company of the RPG Group.

With the market cap of Rs 17,206 crore, the shares of KEC International Ltd have closed at Rs 646 and are trading at a PE of 25.2, whereas its industry PE is at 16.9. Results today will be key in assessing the company’s business visibility and execution capability.

Meesho Ltd

The company is an app-based marketplace that is operated under the brand of Meesho that connects sellers and end consumers and its offerings span categories including fashion, accessories, electronics, home and kitchen items, health, and fitness equipment, office supplies and more 

With the market cap of Rs 75,933 crore, the shares of Meesho Ltd

 have closed at Rs 168 and have a 3-year sales growth rate of 42.7%. The earnings announcement is expected to offer meaningful signals on the company’s growth path.

Nestle India Ltd

Nestlé India is primarily involved in the food business, which incorporates product groups that are milk products and nutrition, prepared dishes and cooking aids, powdered and liquid beverages and confectionery. It owns brands such as NESCAFÉ, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID, NESTEA, etc. 

With the market cap of Rs 2,48,598 crore, the shares of Nestle India Ltd have closed at Rs 1,289 and are trading at a PE of 83, whereas its industry PE is at 52.2. Overall, the result should provide better clarity on the company’s operational outlook.

Tata Investment Corporation Ltd

Tata Investment Corporation Ltd is primarily engaged in the business of investment in listed and unlisted equity shares, debt instruments and mutual funds, etc., of companies in a wide range of industries. The company is an NBFC registered with the RBI under the category of investment company.

With the market cap of Rs 31,192 crore, the shares of Tata Investment Corporation Ltd have closed at Rs 616 and are trading at a PE of 88.6, whereas its industry PE is at 22.6. The upcoming earnings are likely to give investors a clearer picture of the company’s future trajectory.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Meesho, Nestle, Ambuja and 7 other stocks in focus as they announce Q3 results today appeared first on Trade Brains.