The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.57% lower by 163 points at 24,251, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.

On Wednesday, 24 July, Domestic benchmark indices S&P BSE Sensex slumped 73.04 points or 0.09%, to end at 80,429.04 while the Nifty50 traded 30.20 points or 0.12% lower and settled at 24,479.05.

Here are some stocks that are likely to remain in focus on 25 July.

Quarterly Results Today: AU Small Finance Bank, AAVAS Financiers, Adani Energy Solutions, Cyient, DLF, Glenmark Life Sciences, Go Digit General Insurance, Tech Mahindra, Nestle India, Canara Bank, Ashok Leyland, Adani Green Energy, Chalet Hotels, Chennai Petroleum Corporation, Home First Finance Company India, Jupiter Wagons, Jyothy Labs, Motilal Oswal Financial Services, Mphasis, PNB Housing Finance, Laurus Labs, Mahanagar Gas, Mahindra Holidays & Resorts India, Ujjivan Small Finance Bank, Ujjivan Small Finance Bank, and UTI Asset Management Company are some of the prominent companies that are set to release their quarterly earnings for January-March.

Larsen and Toubro: In its quarterly earnings for April-June, the company reported a 12% year-on-year increase in consolidated net profit to Rs 2,786 crore for the June quarter, which was driven by higher revenues. 

Rail Vikas Nigam: The company has announced securing a Letter of Acceptance for a project worth Rs 191.53 crore from SER HQ-Electrical/South Eastern Railway. 

Sun Pharmaceuticals: The company has been issued a warning letter from the US Food and Drug Administration (USFDA) for its Dadra facility. 

Dish TV India: The Board of Directors of the company have approved raising Rs 1,000 crore through equity shares or bonds, in one or more tranches. Furthermore, the board has also approved the incorporation of a subsidiary in India to manage the distribution of products and services via a strong digital platform.

Axis Bank: The private lender reported a 4% YoY increase in net profit to Rs 6,035 crore for Q1FY25 from Rs 5,797 crore reported in Q1FY24. 

Dr Reddy’s Lab: The company has transferred 49% of its equity share capital in the joint venture with Nestlé Health Science to Nestlé India. 

Indraprastha Gas: The company reported a 8% YoY decline in net profit to Rs 401 crore for the quarter ending 30 June 2024 from Rs 438.40 crore reported in the same quarter last year. 

HG Infra Engineering: The company’s board has approved the sale or disposal of HG Rewari Bypass Private Limited, a wholly-owned subsidiary of the company.

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 today and 10x your trading & investing journey!