How These Stocks Are Faring Ahead of Q3 Results

Select renowned companies including Lupin, Vodafone Idea, NBCC (India), Steel Authority of India (SAIL), Berger Paints (India), and Indian Railway Catering and Tourism Corporation (IRCTC) are set to announce their results for the period ended December 31, 2024, later today. Interestingly, these stocks were trading in red ahead of earnings, declining up to 5% in early trade on Tuesday.

Lupin Ltd

Shares of Lupin Ltd dropped 3.57% to Rs 2,092.25 on Tuesday, with its market capitalization slipping below Rs 96,000 crore. The stock had settled at Rs 2,169.85 on Monday and is down 13% from its 52-week high of Rs 2,403.45 in January 2025.

HDFC Securities expects Lupin's revenue to come in at Rs 5,692.6 crore, up 10% YoY. EBITDA is projected at Rs 1,269.5 crore, rising 24% YoY with EBITDA margins expanding by 264 bps. PAT is expected at Rs 752.8 crore, up 26% YoY but down 14% QoQ.

Vodafone Idea Ltd

Shares of Vodafone Idea tumbled 2.4% to Rs 8.90 on Tuesday. The stock has declined nearly 55% from its 52-week high of Rs 19.15 in June 2024.

Kotak Institutional Equities expects Vodafone Idea's sales to be at Rs 11,478.2 crore, up 7.5% YoY. EBITDA is expected at Rs 4,884.6 crore, with EBITDA margins expanding to 42.6%. Net loss is expected to contract to Rs 6,696.9 crore for Q3FY25.

IRCTC

Shares of IRCTC declined 2.65% to Rs 752.90 on Tuesday, with its market cap slipping below Rs 60,000 crore. The stock has dropped 35% from its 52-week high of Rs 1,148.30 in May 2024.

B&K Securities estimates IRCTC's revenue at Rs 1,251.1 crore, up 8.7% YoY. EBITDA margin is expected to expand to 36.7%, and PAT is likely to be Rs 361.2 crore, up 14.9% YoY.

SAIL (Steel Authority of India Ltd)

Shares of SAIL dropped 3.13% to Rs 101.80 on Tuesday. The stock has plunged more than 42% from its 52-week high of Rs 175.65 in May 2024.

Elara Capital expects SAIL to report revenue of Rs 24,358.1 crore, up 4.3% YoY but down 1.3% QoQ. EBITDA is likely to be Rs 2,033.3 crore, falling 30% QoQ and 5% YoY. Adjusted net profit is estimated at Rs 135.7 crore, dropping 83.7% QoQ.

NBCC (India) Ltd

Shares of NBCC fell 4% to Rs 86.67 on Tuesday. The stock has crashed over 38% from its 52-week high of Rs 139.90 in August 2024.

Anand Rathi Shares & Stock Brokers expects NBCC’s revenue at Rs 2,477 crore, up 29.1% YoY. EBITDA margin is projected at 6.5%, and adjusted net profit is estimated at Rs 155.5 crore, up 40.8% YoY.

Berger Paints India Ltd

Shares of Berger Paints declined 1.5% to Rs 477.05 on Tuesday. The stock is down 25% from its 52-week high of Rs 629.60 in September 2024.

Equirus Securities expects Berger Paints to outperform Asian Paints and other domestic players. It anticipates a 2% topline growth in the SA business and 5% growth in the subsidiary business. Despite strong performance, margins may be under pressure due to rising raw material costs.

Conclusion

As these major companies prepare to announce their Q3 results, investors should closely watch their performance. Most of these stocks are trading lower ahead of earnings, with analysts expecting mixed results across sectors. Stay tuned for the official announcements and market reactions.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor Mbc trading Platform  before making any investment decisions.