The GIFT Nifty futures, which is an early indicator of the Nifty50 index, were trading 0.22% higher by 50.5 points at 22,982, indicating that the domestic benchmark indices are likely to make a positive start on Monday.
On Friday, 14 February, Domestic benchmark indices S&P BSE Sensex slumped by 199.76 points or 0.26% and settled at 75,939.21 while the Nifty50 traded 0.44% lower by 102.15 points, settling at 22,929.25.
Here are some stocks that are likely to remain in focus on 17 February.
Quarterly Results Today: Mahesh Developers and ABB India are some of the prominent companies set to announce their quarterly earnings for October-December.
Bharat Heavy Electricals: The company announced securing a significant contract worth Rs 6,700 crore from Singareni Collieries Company for constructing an 800 megawatt (MW) thermal power unit in Telangana.
Zydus Lifesciences: The company has announced successfully completed a US Food and Drug Administration (USFDA) inspection at its Ambernath, Maharashtra, manufacturing facility and concluded the inspection with zero observations.
Zen Technologies: The defence tech company has announced investing in Bhairav Robotics and Vector Technics, expanding beyond combat training into advanced defence solutions.
Rail Vikas Nigam: For the quarter ended 31 December, the railway major reported a 13.1% YoY decline in net profit to Rs 311.6 crore from Rs 358.6 crore, and its revenue from operations during the quarter fell by 2.6% YoY to Rs 4,567.4 crore.
Shriram Finance: The company has received a penalty of Rs 5.80 lakhs from the Reserve Bank of India (RBI) for non-compliance with key banking regulations that include the KYC guidelines and credit reporting rules.
Ujjivan Small Finance Bank: The RBI has imposed a Rs 6.7 lakh fine on the company for non-compliance with certain directions related to loans and advances that include statutory and other restrictions.
Alembic Pharmaceuticals: The USFDA conducted an inspection at the company’s solid oral formulation facility at Jarod between 14 and 22 November 2024 and concluded it by issuing an Establishment Inspection Report (EIR) with a classification of Voluntary Action Indicated.
Godrej Properties: The company announced that they had acquired 12 land parcels between April and December to develop housing projects worth Rs 23,450 crore.
Bank of Maharashtra: The company received approval from the Reserve Bank of India (RBI) to set up an International Financial Services Centre Banking Unit at GIFT City.
The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app todayand 10x your trading & investing journey!
