The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.19% Higher by 46 points at 24,407 indicating that the domestic benchmark indices are likely to make a positive start on Thursday.

On Wednesday, 10 July, Domestic benchmark indices S&P BSE Sensex slumped 426.86 points or 0.53%, to end at 79,924.78 while the Nifty50 traded 108.75 points or 0.45% higher and settled at 24,324.45.

Here are some stocks that are likely to remain in focus on 11 July.

Kesoram Industries: In its quarterly earnings for Q1FY25, the company reported a net loss of Rs 62 crore, down from Rs 32.4 crore in the same quarter last year. Revenue from operations also declined 12% year over year (YoY) to Rs 879 crore. 

Sula Vineyards: In its quarterly report for the April-June quarter, the company reported a 9.7% YoY increase in net revenue to Rs 118.2 crore, which was primarily driven by the company’s own brand, which saw a 2.7% YoY increase in revenue to Rs 104.4 crore. 

Zydus Lifesciences: The company announced receiving tentative approval from the US Food and Drug Administration to market diroximel fumarate delayed-release capsules, 231 mg, which are used to treat relapsing forms of multiple sclerosis in adults. 

State Bank of India: The bank has successfully raised Rs 10,000 crore at a coupon rate of 7.36% through its sixth infrastructure bond issuance. 

Oriental Rail: The company has secured orders worth Rs 19.33 crore from the Rail Coach Factory in Kapurthala to manufacture and supply 194 sets of seats for LHB GS coaches and 96 sets of seats and berths for LHB SCN coaches.

Power Grid Corporation: The company plans to borrow funds up to Rs 16,000 crore via bonds during the ongoing financial year. The decision was taken by the Board of Directors of the company on 10 July. 

Glenmark Life: Glenmark Pharma and Glen Saldanha are planning to sell up to 7.85% of the company’s stock via an offer for sale at an average price of Rs 810 per share. 

Nykaa: ICICI Prudential Mutual Fund has acquired 1.5 crore shares of the company at an average price of Rs 174.04 per share, taking the total deal value to Rs 256 crore. 

GE Power India: The company will sell its hydro business to GE Power Electronics and its gas power business to GE Renewable Energy Technologies.

Discover the next big investment! Unicorn Signals’ IPO screener helps you identify promising initial public offerings. Download Unicorn Signals and get ahead of the curve!Sign Up Now & Find Your Next IPO Gem!