It had been an exhausting affair as the Q4 earnings season got completed. Before we were done covering insights from the Q4FY21 earnings call of Sequent Scientific, (a company we have covered earlier in the Beta to Alpha series) the Q1FY22 was already underway.
What really caught our eye was the phenomenal numbers reported by JSW Steel in their Q1FY22 earnings.
Basant Maheshwari @BMTheEquityDeskProfits for some (not all) metal companies for the first quarter of Fy22 will exceed their entire earnings for all the four quarters of Fy21. In other words, net profits for Q1Fy22 > Fy21 https://t.co/2AwrmUtPwt
So did we get off to a good start?
One of our companies which had recently joined the 100%+ club, (stocks that have doubled from the time we started covering them, no reco.) recently came out with their Q1FY22 earnings and we were able to distill some of our insights in detail here.
Technicals Check | Week ahead
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