Reliance, Infosys, Axis Bank shares trade in green ahead of Q3 results announcement today

Shares of Reliance Industries, Infosys, and Axis Bank traded positively in today’s session, January 16, 2025, ahead of their much-anticipated Q3 FY25 earnings announcements. The market remained upbeat as investors showed optimism about the companies’ quarterly performance amid strong macroeconomic trends.

Stock Performance:

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  • Reliance Industries: The stock gained 0.47%, trading at ₹1,258.05. Investors are keenly awaiting updates on the company’s diversified operations, especially the performance of its retail and energy businesses.
  • Infosys: The IT giant traded higher by 0.45% at ₹1,958.45. Market watchers expect stable performance driven by digital transformation and strong deal wins.
  • Axis Bank: Shares rose 0.90%, reaching ₹1,036.00. Anticipation of improved credit growth and net interest income has bolstered sentiment.

Q3 FY25 Expectations:

Reliance Industries:

  • Revenue: Expected to rise to ₹2,35,259 crore from ₹2,25,086 crore YoY.
  • Net Profit: Projected at ₹17,860 crore, a slight increase from ₹17,265 crore.
  • EBITDA: Estimated at ₹41,893 crore with a margin of 17.81%.

Infosys:

  • Revenue: Expected at ₹41,269 crore, showing marginal growth from ₹40,986 crore QoQ.
  • Net Profit: Forecasted to rise to ₹6,715 crore from ₹6,506 crore in the previous quarter.
  • EBIT Margin: Likely to remain stable at 21.20%.

Axis Bank:

  • Net Interest Income (NII): Estimated at ₹13,767 crore, up from ₹12,532 crore YoY.
  • Net Profit: Expected to grow to ₹6,482 crore from ₹6,071 crore.
  • EBIT Margin: Anticipated at 75.72%, significantly higher than 50.53% in the same period last year.

The overall market sentiment is optimistic, with analysts predicting robust earnings across key sectors. The IT and financial services sectors are expected to drive growth, while Reliance Industries’ diverse portfolio could deliver balanced results.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.