The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 3 points lower or 0.01% at 24,456 indicating that the domestic benchmark indices are likely to make a lacklustre start on Friday. 

On Thursday, 24 October, Domestic benchmark indices S&P BSE Sensex slumped 16.82 points or 0.02% to end at 80,065.16 while the Nifty50 traded 36.10 points lower or 0.15% and settled at 24,399.40.

Here are some stocks that are likely to remain in focus on 25 October.

Quarterly Results Today: Bandhan Bank, Bharat Electronics, InterGlobe Aviation, Coal India, JSW Steel, Bharat Petroleum Corporation, Aegis Logistics, Balkrishna Industries, Cholamandalam Investment, DLF, Bank of Baroda, Hindustan Petroleum Corporation, IDBI Bank, Inox Wind, Krsnaa Diagnostics, Macrotech Developers, NLC India, Shriram Finance, Texmaco Rail & Engineering, Torrent Pharmaceuticals, Nuvama Wealth Management, Poonawalla Fincorp, Praj Industries, and UTI Asset Management are some of the prominent companies that are set to release their quarterly earnings for July-September. 

Kansai Nerolac Paints: The company has announced signing a definitive agreement with Aethon Developers, which is a subsidiary of Runwal Developers to sell its land parcel in Lower Parel for a total consideration of Rs 726 crore. 

Jubilant Pharmova: The company’s subsidiary in the US, Jubilant Pharma Holdings Inc has has voluntarily prepaid a term loan of $25 million, which is around Rs 210 crore through its internal accruals. 

ITC: In its quarterly earnings for July-September, the company reported a 3.1% year-on-year (YoY) increase in net profit to Rs 5,078.3 crore for the quarter compared to Rs 4,927 crore reported in the same quarter last year. 

Shriram Properties: The company’s office premises in Bengaluru and Chennai was searched by the Enforcement Directorate officials. The ED’s search concluded without any significant developments. 

JSW Energy: The revenue from operations of the company for Q2FY25 stood at Rs 3,237.7 crore, slipping down by 0.7% YoY from Rs 3,259.4 crore in Q2 FY24. At the same time, the net profit grew by 2.3% YoY to Rs 876.8 crore. 

Mahanagar Gas: The net profit of the company during the quarter ended 30 September stood at Rs 283 crore marking a 16.5% YoY decline compared to Rs 339 crore reported in the same quarter last year. 

NTPC: The company’s net profit for the July-September quarter grew 19.65 YoY to Rs 4,648 crore compared to Rs 3,885 crore in the same period last year. However, the company’s revenue from operations slumped by 1.3% YoY to Rs 40,327.6 crore. 

Feeling overwhelmed by the markets? Let Unicorn Signals be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!