The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.15% lower by 38 points at 24,667.50 indicating that the domestic benchmark indices are likely to make a negative start on Thursday. 

On Tuesday, 16 July, Domestic benchmark indices S&P BSE Sensex gained 51.69 points or 0.06%, to end at 80,716.55, while the Nifty50 traded 26 points or 0.11% higher and settled at 24,613.

Here are some stocks that are likely to remain in focus on 18 July.

Quarterly Results Today: Dalmia Bharat, Central Bank of India, Ceat, Havells India, Ashapuri Gold Ornament, CIE Automotive India, Grindwell Norton, Infosys, Tata Technologies, L&T Technology Services, Persistent Systems, Andhra Cements, Bharat Bijlee, Choice International, Polycab India, Premier Explosives, Newgen Software Technologies, Rallis India, JSW Infrastructure, Gopal Snacks, Mastek, Rallis India, Reliance Industrial Infrastructure, Sagar Cements, Shoppers Stop, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Communications, Reliance Industrial Infrastructure, South Indian Bank, Swaraj Engines, Vraj Iron and Steel, and Trident Texofab are some of the prominent companies that are set to release their quarterly earnings for April-June.

Asian Paints: In its quarterly earnings for April-June, the company reported a 24.6% year-on-year decline in net profit to Rs 1,186.79 crore during the quarter against Rs 1,574.84 crore reported during the corresponding quarter of FY24.

Tata Power: The company has announced a capital expenditure of Rs 20,000 crore for the current fiscal year, which is higher than Rs 12,000 crore in FY24. 

IREADA: The company has announced its plans to invest Rs 290 crore for a 900  megawatt (MW) hydroelectric power project in Nepal. Furthermore, the Board of Directors have also given in-principle approval to pick up a 10% stake in the Upper Karnali Hydroelectric Power Project.

Zee Entertainment: The company’s Board of Directors have approved raising $239 million (approximately Rs 1,997.22 crore) by issuing 5% foreign currency convertible bonds (FCCBs) to select investors. 

SpiceJet: Ashish Kumar, Chief Financial Officer of the company, has tendered his resignation to pursue other opportunities. 

L&T Finance: In its quarterly earnings for Q1FY25, the company’s consolidated net profit during the quarter stood at Rs 686 crore, marking a 29% YoY increase from Rs 531 crore reported in the same quarter last year. 

Glenmark Pharma: The company has secured final approval from the US Food and Drug Administration (USFDA) for its Topiramate capsules.

Bajaj Electricals: The Managing Director and CEO of Bajaj Electricals, Anuj Poddar has resigned from the position to pursue an external opportunity.

Paytm: FlixBus has entered a strategic partnership with the company to enhance distribution capabilities by leveraging Paytm’s technological expertise and strong customer base. 

TVS Motor Company: The company announced that they will invest 200 million pounds in Norton Motorcycles for expanding internationally with a focus on Germany, USA, Italy, France, and India.