The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.08% lower by 19.50 points at 24,911, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday. 

On Tuesday, 30 July, Domestic benchmark indices S&P BSE Sensex gained 100 points or 0.12%, to end at 81,455, while the Nifty50 traded 21 points or 0.09% higher and settled at 24,857.

Here are some stocks that are likely to remain in focus on 31 July.

Quarterly Results Today: Mahindra and Mahindra, Tata Steel, Action Construction Equipment, Asahi India Glass, Crompton Greaves Consumer Electricals, Electrosteel Castings, Elgi Equipments, Maruti Suzuki, Ambuja Cement, Coal India, Five-star Business Finance, GE T&D India, Godrej Properties, JK Lakshmi Cement, KPR Mills, Lakshmi Machine Works, Aster DM Healthcare, Bank of Baroda, BHEL, RITES, Sonata Software, Stylam Industries, Birlasoft, Greenply Industries, HeidelbergCement, JBM Auto, Mankind Pharma, Maruti Suzuki India, Nuvoco Vistas Corp, Puravankara, Redington, Relaxo Footwears, The Phoenix Mills, Prestige Estates Projects, Pricol, Sundaram Fasteners, Tata Investment Corp, Tata Steel, Zee Entertainment, Urgo Capital, Thomas Cook, and Teamlease Services are some of the prominent companies that are set to release their quarterly earnings for April-June.

Indian Oil Corporation: In its quarterly earnings for April-June, the company reported a 74.7% year-on-year decline in consolidated net profit to Rs 3,722.63 crore during the quarter from Rs 14,735.30 crore reported in the same quarter of the previous fiscal year. 

Vodafone Idea: The company has received a penalty worth Rs 27 crore from the Commercial Tax Officer, Chennai South, Tamil Nadu. The order was passed under Section 74 of the Integrated Goods and Services Tax Act, 2017. 

Tata Consumer Products: The company reported a 8.3% YoY decline in net profit to Rs 290 crore for the quarter ending 30 June against Rs 351 crore reported in the same quarter of the previous fiscal year. 

Torrent Power: The power distribution company reported a stellar surge of 88% in net profit to Rs 972 crore for Q1FY25 against Ts 517 crore reported in Q1FY24. 

Ajanta Pharma: The speciality pharmaceutical company reported a net profit of Rs 245.77 crore, marking an 18.1% YoY increase against Rs 208.12 crore reported in the same quarter last year. 

Vedanta: The company has received approval from 75% of its creditors for obtaining clearance from stock exchanges and subsequently filing its demerger scheme with the National Company Law Tribunal (NCLT) for its proposed demerger.

JSW Infrastructure: JSW Group is looking to transform its infrastructure subsidiary, JSW Infrastructure, into a complete logistics solutions provider. 

Feeling overwhelmed by the markets? Let Unicorn Signals be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!