The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.27% higher by 61.5 points at 23,189, indicating that the domestic benchmark indices are likely to make a positive start on Wednesday.
On Tuesday, 11 February, Domestic benchmark indices S&P BSE Sensex crashed by 1,018.20 points or 1.32% and settled at 76,293.60 while the Nifty50 traded 1.32% lower by 309.80 points, settling at 23,071.80.
Here are some stocks that are likely to remain in focus on 12 February.
Quarterly Results Today: Ashok Leyland, Bajaj Hindusthan Sugar, Bharat Forge, Godrej Industries, Hindustan Aeronautics (HAL), and 63 Moons Technologies are some of the prominent companies set to announce their quarterly earnings for October-December.
Happy Forgings: The company has announced securing a global contract to provide heavy forged and precision-machined parts weighing as much as 1,000 kgs that are used in the industrial mining sectors.
Jupiter Wagons: The company has announced securing a Letter of Acceptance from ACC Ltd and Ambuja Cements Ltd for manufacturing and supplying BCFCM rakes and BVCM wagons for a total consideration of Rs 600 crore.
TVS Motors: The company has announced signing a Memorandum of Understanding with the Government of Karnataka at the Global Investors Meet. As a part of the MoU, the company will set up a global capability centre in Karnataka and expand its production and engineering capabilities in Mysuru.
BPCL: The company is moving ahead with its exploration and production projects overseas. The company will sign a liquefied natural gas supply deal with the Abu Dhabi National Oil Company for a period of five years that will commence in FY26.
IRCTC: In its quarterly earnings for October-December, the company reported a 13.7% year-on-year increase in consolidated net profit to Rs 341 crore for the quarter under review compared to Rs 300 crore net profit reported in the same quarter last year.
Vodafone Idea: The company reported that its net loss for the quarter ended 31 December 2024 shrunk down by 5.3% to Rs 6,609.3 crore compared to Rs 6,985.9 crore net loss reported in Q3FY24.
Gopal Snacks: For the quarter ended 31 December, the company reported a significant decline of 70% YoY in net profit to Rs 5.3 crore compared to Rs 17.8 crore net profit reported in the same quarter of the previous fiscal year.
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