The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 53 points or 0.23% lower at 23,884, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday. 

On Tuesday, 12 November, Domestic benchmark indices S&P BSE Sensex slumped 821 points or 1.03% to end at 78,675 while the Nifty50 traded 258 points lower or 1.07% and settled at 23,883.

Here are some stocks that are likely to remain in focus on 13 November.

Quarterly Results Today: Eicher Motors, Alkem Laboratories, Apollo Tyres, Nitrite, ESAF Small Finance Bank, Exicom Tele-Systems, Vodafone Idea, AstraZeneca Pharma, Brigade Enterprises, Godrej Industries, Garden Reach Shipbuilders & Engineers, NBCC India, PI Industries, Shilpa Medicare, Thermax, Tolins Tyres, and Sun TV Network are some of the prominent companies that are set to release their quarterly earnings for July-September. 

Tata Chemicals: The company said that its wholly-owned subsidiary Tata Chemicals Europe is planning to invest 60 million Euro (Rs 655 crore) to construct a 1,80,000  tonnes per annum pharmaceutical grade sodium bicarbonate plant in Northwich in the UK. 

Nykaa: In its quarterly earnings for July-September, the company reported a 66% year-on-year (YoY) increase in net profit to Rs 13 crore for the quarter compared to Rs 7.8 crore reported in the same quarter last year.

Larsen and Toubro: The company announced receiving a ‘limited notice to proceed’ from NTPC to set up thermal power plants worth around Rs 15,000 crore. 

Reliance Industries: The company announced that they have signed a Memorandum of Understanding (MoU) to invest Rs 65,000 crore to set up 500 compressed biogas plants in Andhra Pradesh. 

Metropolis Healthcare: The company is planning to expand its reach to 1,000 towns from the current 700 in a period of 18 months. Their aim is to strengthen its presence in Tier-II and Tier-III cities for a total investment of around Rs 65 crore in the period of two years. 

Varun Beverages: The company has announced development plans that include three large purchase bids with the aim of strengthening its presence in Africa and improving production capabilities in India. 

FMCG Companies: The slowdown in urban demand within the domestic fast-moving consumer goods (FMCG) market, which has impacted the financial results of many major companies in the September quarter, is attributed to increasing housing costs and modest wage growth, Britannia’s Vice Chairman and MD, Varun Berry on  Tuesday. 

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