Q2 results reactions move Titan, Thermax and other stocks
In short
Stocks moved after second-quarter results came in on Thursday and Friday. Titan, LIC, Bharti Airtel, Bharti Hexacom, Astral, VST Industries, ONGC and Fortis Healthcare were among the companies in focus, while more firms such as Hindalco, Voltas, Jubilant Foodworks and Honasa Consumer were due to report later.
What the reporting says
Shares in Titan, Thermax and several other companies moved as the market reacted to Q2 earnings updates on Thursday and Friday, including results from LIC, Bharti Airtel, Bharti Hexacom, Astral, VST Industries, Titan, ONGC and Fortis Healthcare. CNBC TV18 said more companies, including Hindalco, Voltas, Jubilant Foodworks and Honasa Consumer, were set to report earnings later in the day. The brief pointed to a busy results season rather than a single company event.
Why it matters
Markets were reacting to a cluster of Q2 earnings reports from listed companies including Titan, LIC, Bharti Airtel, Bharti Hexacom, Astral, VST Industries, ONGC and Fortis Healthcare. The published summaries also noted upcoming results from Hindalco, Voltas, Jubilant Foodworks and Honasa Consumer. The move was tied to earnings season flow, with no single reported number provided in the source brief.