The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.59% lower by 139.5 points at 23,446.5, indicating that the domestic benchmark indices are likely to make a negative start on Monday.
On Friday, 7 February, Domestic benchmark indices S&P BSE Sensex slumped by 197.97 points or 0.25% and settled at 77,860.19 while the Nifty50 traded 0.18% lower by 43 points, settling at 23,559.95.
Here are some stocks that are likely to remain in focus on 10 February.
Quarterly Results Today: Nykaa, Grasim Industries, Apollo Hospitals, Bata India, Patanjali Foods, Varun Beverages, Eicher Motors, Nalco, CRISIL, Escorts Kubota, and Ashoka Buildcon are some of the prominent companies set to announce their quarterly earnings for October-December.
BHEL: The company has announced bagging a LoA worth Rs 8,000 crore from the Maharashtra State Power Generation Company for a 2×660 MW BTG package of Koradi Thermal Power Station.
BEL: The company has announced that it has received three orders worth Rs 1,604 crore from the Ministry of Defence. The first order is worth Rs 610 crore for supplying electro-optic fire control systems for the Indian Navy. The company has secured another order worth Rs 352 crore for an anti-drone system.
Western Carriers: The company has announced securing a four-year contract worth Rs 1,089 crore from Vedanta for transporting aluminium products, pig iron, and export-import cargo from mining manor Vedanta’s Jharsuguda facilities to domestic hubs and international ports.
Vedanta: The company has announced that it has secured two orders worth Rs 141.4 crore in penalties from the CGST & Central Excise, Rourkela Commissionerate.
Hitachi Energy India: The company has received a Letter of Intent from Rajasthan Part I Power Transmission Limited for a joint venture with BHEL to design and execute an HVDC link to transmit renewable energy from Bhadla III (Rajasthan) to Fatehpur (Uttar Pradesh).
L&T Finance: The Board of Directors of the company have approved acquiring Paul Merchants Finance’s gold loan business for a total consideration of Rs 537 crore through a slump sale basis.
Rail Vikas Nigam: The company has announced emerging as the lowest bidder for a Rs 211 crore railway project.
Religare Enterprises: Around 97.53% of the company shareholders have rejected the proposal to reappoint Rashmi Saluja as director in the company in an annual general meeting (AGM).
Cipla: The company has received a Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its manufacturing facility in Bengaluru’s Virgonagar.
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