The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.74% higher by 179 points at 24,324 indicating that the domestic benchmark indices are likely to make a positive start on Friday.

On Wednesday, 14 August, Domestic benchmark indices S&P BSE Sensex gained 150 points or 0.19%, to end at 79,106, while the Nifty50 traded 4.75 points or 0.02% lower and settled at 24,143.

Here are some stocks that are likely to remain in focus on 16 August.

Quarterly Results Today: Bheema Cements, Rapid Investments, Sharanam Infra project and Trading, Bajaj Healthcare, Balkrishna Paper Mills, BL Kashyap, Cosco India, CPL, Goodyear India, Hisar Spinning Mills, HMA Agro Industries, HMT, HPIL, Harmony Capital Services, KK Fincorp, KMF Builders, KNR Constructions, Kobo Biotech, Konark Synthetic, and Shri Venkatesh Refineries are some of the prominent companies that are set to release their quarterly earnings for April-June.

Suzlon Energy: The company has announced acquiring a 76% stake in Renom Energy Services, India’s largest multi-brand renewable energy operations and maintenance service (OMS) company. 

Hindustan Aeronautics: In its quarterly earnings for April-June, the company reported a 76.5% year-on-year increase in consolidated net profit to Rs 1,437.14 crore compared to Rs 814.09 crore reported in the same quarter of the previous fiscal year. 

Glenmark Pharma: The pharmaceutical major reported its net profit to Rs 340.27 crore for the Q1FY25, marking a 127% YoY increase from Rs 149.93 crore reported in the same quarter of the previous fiscal year.

Tata Steel: The company has acquired 116 crore equity shares of its Singapore-based subsidiary, T Steel Holdings Pte, for a total consideration of $182 million. 

Ola Electric: For the quarter ended 30 June, the company’s net loss during the quarter widened to Rs 347 crore compared to Rs 267 crore net loss reported in the corresponding quarter of the previous financial year. 

Hinduja Global Solutions: The company reported a multifold jump in its consolidated net profit to Rs 161.5 crore for the quarter that ended 30 June, compared to Rs 16.64 crore reported in the same quarter of the previous fiscal year.

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