The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.24% higher by 59 points at 25,061 indicating that the domestic benchmark indices are likely to make a positive start on Thursday. 

On Wednesday, 16 October, Domestic benchmark indices S&P BSE Sensex slumped 318.76 points or 0.39% to end at 81,501.36 while the Nifty50 traded 86.05 points lower or 0.34% and settled at 24,971.30.

Here are some stocks that are likely to remain in focus on 17 October.

Quarterly Results Today: Tata Communications, Ceat, Havells India, Infosys, Wipro, Axis Bank, Nestle India, Jindal Stainless, Central Bank of India, Indian Overseas Bank, LTIMindtree, Tata Chemicals, 5paisa Capital, Geojit Financial Services, Deccan Bearings, National Standard, Polycab India, Quick Heal Technologies, Dhanlaxmi Bank, Harshil Agrotech, Mahindra EPC Irrigation, Shemaroo Entertainment, Steel Exchange India, Tanla Platforms, and SW Investments are some of the prominent companies that are set to release their quarterly earnings for July-September. 

Rail Vikas Nigam: The company has announced that it is emerging as the lowest bidder (L1) for a project valued at Rs 270 crore from the Maharashtra Metro Rail Corporation Ltd. The scope of the project involves constructing ten elevated metro stations, which is a part of Phase 2 of the Nagpur Metro Rail Project. 

Bajaj Auto: In its quarterly earnings for July-September, the company reported a 31% year-on-year decline in its consolidated net profit to Rs 1,385 crore for the second quarter of the current fiscal year against Rs 2,020 crore reported in the same quarter last year. 

Bikaji Foods: The company has announced its plans to acquire a 53.02% stake in Hazelnut Factory Food Products for a total consideration of Rs 131.01 crore. 

Welspun Corp: The company’s subsidiary, Sintex-BAPL, has acquired a 100% stake in Weetek Plastic making it a wholly-owned step-down subsidiary of the company. 

L&T Technologies: The company reported a 1.3% YoY increase in its net profit to Rs 319.6 crore for the quarter ending 30 September compared to Rs 315.4 crore reported in the same quarter of the previous fiscal year. The company’s revenue from operations grew by 7.8% to Rs 2,572.9 crore. 

Oberoi Realty: The company announced that its board’s operations committee have approved raising funds up to Rs 1,500 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. 

Reliance Industries: The company has announced a bonus share issued of 1:1 and has set 28 October as the record date.

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