Bajaj Finance, ICICI Prudential, L&T Tech, ICICI Securities, Tata Elxsi among key Q3 earnings today

These companies stock will be in focus on stock exchanges following their results.

January 18, 2022 10:12 IST | India Infoline News Service
Quarterly Results
Investors await for major earnings of Bajaj Finance, ICICI Prudential Life Insurance Company, L&T Technology Services, ICICI Securities and Tata Elxsi on Tuesday.

In Q3FY22, Bajaj Finance is expected to register strong financial books with double-digit growth in top-line and bottom-line front on the back of lower incremental provisions, easing in asset quality pressure, contraction in credit costs and rising in new loans. Also, a stellar festive season, pent up demand, low-interest rates and normal monsoon - will boost the earnings.

Meanwhile, ICICI Prudential in Q3 is expected to report a sequential decline in bottom-line, however, on a year-on-year basis, it will be a single-digit growth. The company's pre-provision operating profit is also expected to fall, while net interest income is likely to have a double-digit growth on a year-on-year basis.

Other companies that are set to announce their Q3 today are -  Anup Engineering, DCM Shriram, Den Networks, EKI Energy Services, Just Dial, Jyoti Structures, Network18 Media & Investments, Newgen Software Technologies, Ramkrishna Forgings, Shree Ganesh Remedies, Shakti Pumps (India), Star Housing Finance, Trident, and TV18 Broadcast.

These companies stock will be in focus on stock exchanges following their results.

At present, markets have erased their early gains and are trading on a lower note. Sensex struggles a little over 61,100-mark and Nifty 50 around 18,240. Auto stocks underperformed followed by IT, consumer durables, metal and pharma stocks. Banking and financial stocks trade steadily ahead of their Q3 earnings.

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