The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 1.14% higher by 275 points at 24,376, indicating that the domestic benchmark indices are likely to make a positive start on Friday.

On Thursday, 8 August, Domestic benchmark indices S&P BSE Sensex slumped 581.79 points or 0.73%, to end at 78,886.22, while the Nifty50 traded 180.50 points or 0.74% lower and settled at 24,117.

Here are some stocks that are likely to remain in focus on 9 August.

Quarterly Results Today: Siemens, Zydus Lifesciences, Apollo Micro Systems, Berger Paints India, Concord Biotech, Engineers India, Grasim Industries, Alkem Laboratories, Honasa Consumer, Bajaj Consumer Care, Balkrishna Industries, Bharat Dynamics, General Insurance Corporation of India, India Cements, Info Edge India, SJVN, Sundaram-Clayton, Inox Wind, IRB Infrastructure Developers, Jubilant FoodWorks, Suven Pharmaceuticals, Trent, Sun TV Network, and Wockhardt are some of the prominent companies that are set to release their quarterly earnings for April-June.

Cochin Shipyard: The company in its quarterly earnings for April-June reported a 76.5% year-on-year increase in net profit to Rs 174.2 crore for the quarter from Rs 98.7 crore reported in the same quarter last year. 

ABB India: The electrification and automation leader reported its net profit for the April-June quarter at Rs 443.5 crore, marking a 50.3% YoY increase from Rs 295.6 crore reported in the same quarter last year. 

GAIL: The company has announced partnering up with Rajya Vidyut Utpadan Nigam (RRVUNL) to optimise the operations of RRVUNL’s gas-based power plants in Rajasthan. As a part of this partnership, both companies will work together to establish approximately 1,000 megawatts (MW) of solar and wind projects. 

SJVN: A subsidiary of the company, SJVN Green Energy, has successfully commissioned the 90 MW Omkareshwar Floating Solar Project, taking the company’s total installed capacity to 2,466.50 MW.

Utkarsh Small Finance Bank: The Reserve Bank of India (RBI) has approved an increase in the authorised capital of the company from Rs 1,500 crore to Rs 2,000 crore. 

MCX: The company has received approval from the Securities and Exchange Board of India (SEBI) for appointing Praveena Rai as the Managing Director and Chief Executive Officer of Multi Commodity Exchange of India (MCX). 

Oil India: The state-run company’s net profit during the April-June quarter stood at Rs 295.6 crore, which is a 27.7% decline from Rs 2,028.8 crore reported in the March quarter. 

LIC: Life Corporation of India reported its net profit for the quarter ended 30 June at Rs 10,461 crore, marking a 10% YoY increase from Rs 9,544 crore in the same period last year. 

Eicher Motors: The company reported a 20% YoY increase in net profit to Rs 1,101.5 crore for Q1FY25 compared to Rs 918 crore reported in the same quarter last year. 

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