Amid mixed global cues, the SGX Nifty had a flat start on Tuesday, trading around 18,703 points by 7:25 am.

Globally, US markets edged higher overnight after debt-ceiling talks stalled and culminated in a tentative deal. The Dow Jones, Nasdaq Composite and S&P 500 indexes rose 2%.

The US Congress will vote on the legislation as early as Wednesday.

Asia-Pacific markets, on the other hand, were mixed this morning, with the Nikkei 225 up 0.3%, the Topix down 0.1% and the S&P 200 flat.

ONGC: Chairman Arun Kumar Singh said the oil and gas producer will invest up to Rs 1 trillion by 2030 in energy transition goals to become carbon neutral by 2038. The company also plans to increase renewable energy generation to 10 gigawatts (Gw) by the end of the decade.

Adani Transmission: The company reported an 85% year-on-year rise in its consolidated net profit to Rs 440 crore for the quarter ending March 2023 (Q4FY23). Meanwhile, consolidated operating income rose 17% to Rs 3,031 crore in Q4FY23.

IRCTC: The company’s net profit rose 30.4% year-on-year to Rs 278.8 crore in Q4FY23 from Rs 214 crore in the same period last year. Operating income also rose 39.7% year-on-year to Rs 965 crore in the March quarter.

NBCC (India): The company’s consolidated net profit rose 205% year-on-year to Rs 108 crore in the fourth quarter of FY23, compared to Rs 35.39 crore a year earlier. The board has also recommended a final dividend of Rs 0.50 per share of the face value of paid-up equity shares.

MOIL: The manganese iron ore company reported a record 402,000 tonnes of manganese ore production in the fourth quarter of the last financial year (FY2023), up 7% from a year earlier.

HeidelbergCement India: The company reported a 62.64% drop in net profit to Rs 34.97 crore in Q4FY23 due to higher input prices and lower sales volume. Also, total revenue from operations fell 2.9% to Rs 602.04 crore in Q4FY23.

Torrent Power: Higher revenue helped the company post a consolidated net profit of Rs 483.93 crore in the fourth quarter of FY23, compared to a consolidated net loss of Rs 487.37 crore in the same period last year. Meanwhile, total revenue rose to Rs 6,133.7 crore in Q4FY23.

WardWizard Innovations & Mobility: The electric two-wheeler maker has formed a strategic partnership with start-up incubator iCreate to mentor and fund promising electric vehicle start-ups in the country.

IPCA Laboratories: The company’s consolidated net profit fell 41.3% year-on-year to Rs 76.52 crore in Q4FY23. Consolidated operating income in the third quarter, however, rose 17.3% to Rs 1,512 crore.

PG Electroplast: The company will form a joint venture (JV) that will initially undertake ODM manufacturing of Google-certified LED TVs. The joint venture could later choose to expand the partnership to include products such as refrigerators, IT hardware, wearables and hearables.