The GIFT Nifty futures were trading in the red before the market’s opening on Thursday. Domestic Indices are expected to open on a similar positive note. 

Domestic equity indices, NSE Nifty 50 and S&P BSE Sensex continued their losing streak for the fifth straight session on Wednesday. Nifty shed 159.60 points or 0.83% to settle at 19,122.15, while the Sensex closed at 64,049.06 after tanking 0.81% or 522.82 points. 

Here are some stocks likely to remain in the limelight on October 26.

Jubilant Foodworks: The operator of Domino’s Pizza and Dunkin’ Donuts reported a 26% YoY profit decrease, with revenue increasing by 5%. The standalone net profit for the quarter stood at Rs 72.2 crore, down from last year’s Rs 119 crore. Nonetheless, Same Store Sales Growth (SSSG) decreased by 1.3% from an 8.4% YoY growth. The firm reported revenue from operations reaching Rs 1368.63 crore.

Gulf Oil Lubricants India: Gulf Oil Lubricants India reported a 41.22% YoY increase in its profit after tax, reaching Rs 73.63 crore in the September quarter, as compared to Rs 52.14 crore in the second quarter of fiscal 2022-23. 

Sonata Software: The small-cap IT services company reported a 10% YoY increase in net profit, reaching Rs 124.2 crore for the September quarter, with revenue growing by 28% YoY to Rs 1,912.6 crore. Alongside these results, the company announced an interim dividend of Rs 7 per share for FY24. It recommended a bonus issue of 1 equity share for every 1 equity share held by the shareholders as of the record date. 

Tech Mahindra: The consolidated net profit of the large-cap tech company fell by 61.10% YoY to Rs 505.30 crore, marking the largest drop in 16 years, while the total contract value of new deal wins increased by 78% QoQ to Rs 5,300 crore, but was down 10% YoY. 

Axis Bank: Axis Bank reported a Q2FY24 net profit of Rs 5,863.56 crore, up 10% YoY due to better margins, increased income, and solid asset quality. NIM improved from 3.96% to 4.11%. In Q2FY24, total income surged to Rs 31,660 crore from Rs 24,094 crore in Q2FY23.

Companies announcing their Quarterly Results today: Aavas Financiers, ACC, Aditya Birla Sun Life AMC, Affle India, Agi Greenpac, Apar Industries, Apcotex Industries, Asian Paints, Canara Bank, Colgate-Palmolive (India), Coromandel International, DB Corp, Dixon Technologies, Indian Bank, ISMT, Jindal Saw, Kabra Extrusiontechnik, Laxmi Organic Industries, Maharashtra Scooters, Max India, Medplus Health Services, NLC India, Paisalo Digital, Prudent Corporate Advisory Services, Punjab Chemicals & Crop Protection, Punjab National Bank, Quick Heal Technologies, Railtel, Sadhana Nitrochem, Shriram Finance, Steel Strips Wheels, Symphony, Ugro Capital, Venus Pipes & Tubes, Vodafone Idea, Voltamp Transformers and Westlife Foodworld among others.