Three standout Nifty stocks, NTPC Ltd, Bajaj Auto Ltd, and Tata Motors Ltd, have proven to be multibaggers, doubling investor funds within the past year. NTPC recorded an impressive 113% return, while both Bajaj Auto and Tata Motors delivered equally remarkable returns of 112% each during the same period, as per available data.

Bajaj Auto Ltd will lead the pack by unveiling its March quarter results on April 18, Thursday. Tata Motors is scheduled to announce its quarterly results on May 10, while the state-owned enterprise NTPC will soon disclose its quarterly results date.

Analysts anticipate Bajaj Auto, a major player in the two-wheeler segment, to reveal a 30% surge in Q4 profit alongside a 25% year-on-year increase in sales. Conversely, Tata Motors is expected to announce a 30% uptick in bottom-line figures, driven by a growth in sales ranging between 10% to 12%.

Meanwhile, concerning NTPC, the power generation entity is projected to unveil net sales of Rs 43,600 crore in 4QFY24, reflecting a marginal 1% year-on-year increase. EBITDA is anticipated to stand at Rs 12,600 crore, while the net profit after tax (PAT) is expected to remain relatively unchanged at Rs 4,925 crore. The company's revenue might experience a modest uptick due to enhanced production capacity. Conversely, EBITDA is forecasted to improve, supported by the PSU's sustained impressive performance in coal production.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. FINOSTRY suggests its readers/audience to consult their financial advisors before making any money related decisions.)