Q4 Results: Six stocks seeing the strongest reaction to their quarterly earnings

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Shares of Garden Reach Shipbuilders Ltd., Bandhan Bank Ltd., Emmvee Photovoltaic Ltd., Star Health Insurance Ltd., CEAT and Canara HSBC Life Insurance Ltd. are six stocks that are seeing the strongest reaction to their fourth quarter results on Wednesday, April 29. The results were reported after market hours on Tuesday. Here's a look at these numbers:

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Garden Reach Shipbuilders | The defence company stock is up over 15% on Wednesday, marking their biggest single-day gain since May last year. The company's revenue went up by 29% from last year, while profit grew by 24% aided by lower material costs. Better execution aided margin expansion both sequentially and year-on-year. DAM Capital is "neutral" on the stock, stating that FY27 will be the peak booking year, followed by some moderation in FY28. The stock is up 65% in the last one month and is the top performer on the Nifty 500 index.

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Emmvee Photovoltaic | The stock is up 10% on Wednesday, marking the biggest single-day gain in four months. Thee stock is also up for the third day in a row. The company's results were ahead of expectations led by strong volume growth and the current order book provides growth visibility for financial year 2027. Order book for the company increased to 9.4 GW at the end of the financial year with inflows of 1.27 GW during the March quarter. The stock is up 37% this month, rebounding from its issue price of ₹219.

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Bandhan Bank | Shares of the private lender jumped another 9% on Wednesday after its results showcased another quarter of recovery after some tough quarters since mid-2024. Asset quality saw improvement, while margins also were better by 30 basis point sequentially. The management sees NIMs improving another 10-20 basis points over the next two to three quarters. Analysts are divided on the stock, but 57% of the 28 analysts covering it have a "buy" rating on the stock.

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CEAT | This 9% intraday gain seen by the tyre manufacturer is the biggest that the stock has seen since October of last year. CEAT's revenue went up by 23% during the quarter, while margins expanded by 270 basis points from the year-ago period. Volume growth was led by the OEMs and the international segment.

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Canara HSBC Life | The company's total Annual Premium Equivalent grew by 12% from the year-ago period, while VNB margins improved by 825 basis points from the same quarter last year. The management, in an interaction with CNBC-TV18, said that product mix improved during the quarter while there is good demand for insurance products. The stock is up 7% in today's session, extending its gains from the IPO price of ₹106.

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Star Health | The other insurance stock seeing a strong reaction to its results is Star Health, with the stock rising as much as 8% on Wednesday. Gross Premium written for the quarter grew by 16%, while Net Earned Premium was up 14% from the same quarter last year. The stock is still down significantly from its IPO price of ₹900.