The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 1.38% lower by 340 points at 24,375, indicating that the domestic benchmark indices are likely to make a negative start on Monday.

On Friday, 2 August, Domestic benchmark indices S&P BSE Sensex plunged 885.59 points or 1.08%, to end at 80,981.96 while the Nifty50 traded 293.20 points or 1.17% higher and settled at 24,717.70.

Here are some stocks that are likely to remain in focus on 5 August.

Quarterly Results Today: VRL Logistics, Som Distilleries and Breweries, Motherson Sumi Wiring India, Tata Chemicals, Triveni Turbine, Schneider Electric Infrastructure, ONGC, Protean eGov Technologies, Orient Cement, Syrma SGS Technology, V-Mart Retail, Paras Defence and Space Technologies, Honeywell Automation, HG Infra Engineering Ltd., Bharti Hexacom, Brigade Enterprises, BEML, BLS International Services, Keystone Realtors, Hindustan Construction Company, and Manali Petrochemicals are some of the prominent companies that are set to release their quarterly earnings for April-June.

State Bank of India: The bank in its quarterly earnings for  April-June reported a 0.895 year-on-year increase in net profit to Rs 17,035.16 crore during the quarter against Rs 16,884.29 crore reported in the same quarter last year. 

Titan Company: Tata Group’s leading jewellery and watchmaker firm reported a 0.9% YoY decline in net profit to Rs 770 crore in Q1FY25, despite the company’s revenue growing by 8.1% to Rs 12,053 crore. 

Britannia Industries: The biscuit manufacturer reported its consolidated net profit at Rs 524 crore during the April-June quarter, marking a 14.5% YoY increase from Rs 458 crore reported in the same quarter last year. 

JK Tyre: JK Tyre & Industries reported a 37% year-on-year rise in consolidated net profit for the first quarter ending 30 June 2024, reaching Rs 211 crore, up from Rs 154 crore in the corresponding period of the previous fiscal year.

Ambuja Cements: The cement major announced its plans to invest in the state of Bihar by establishing a grinding unit with an overall capacity of 6 million tonnes per annum. 

Ashoka Buildcon: The company has emerged as the lowest bidder L1 for two projects from the Mumbai Metropolitan Region Development Authority that are valued at Rs 1,280.8 crore.

Divis Labs: The pharma major reported a 21% YoY increase in net profit to Rs 430 crore for the quarter ended 30 June against Rs 365 crore reported in the same quarter of the previous fiscal year. 

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