The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.71% higher by 171 points at 24,315.50 indicating that the domestic benchmark indices are likely to make a positive start on Tuesday.

On Monday, 5 August, Domestic benchmark indices S&P BSE Sensex crashed 2,222.55 points or 2.74%, to end at 78,759.40 while the Nifty50 traded 662.10 points or 2.68% lower and settled at 24,055.60.

Here are some stocks that are likely to remain in focus on 6 August.

Quarterly Results Today: Gujarat Gas, IIFL Finance, Krsnaa Diagnostics, PI Industries, Chambal Fertilisers & Chemicals, Cummins India, Tata Power, Lupin, TVS, Shree Cement, Vedanta, VIP Industries, Linde India, EIH, Gland Pharma, Symphony, Bajaj Electricals, Bata India, Blue Star, PB Fintech, Power Finance Corporation, and Bosch are some of the prominent companies that are set to release their quarterly earnings for April-June.

Bharti Airtel: In its quarterly earnings for April-June, the company reported a 2.5-fold increase in net profit to Rs 4,160 crore, compared to Rs 1,612.5 crore reported in the same quarter of the previous fiscal year. 

Lupin: The company has announced the incorporation of a new wholly-owned subsidiary, Lupin Lanka (Private) Ltd, in Sri Lanka. Moreover, the company has also received a Show Cause Notice from the Maharashtra GST Authority, seeking to recover Rs 336.2 crore in taxes, along with applicable interest. 

ONGC: The company reported a 9.4% year-on-year decline in net profit for the quarter ended 30 June to Rs 8,938.1 crore against Rs 9,869.4 crore reported in the same quarter of the last fiscal year. 

BEML: The company’s consolidated net loss during Q1FY25 stood at Rs 70.47 crore, a reduction from the Rs 75.01 crore net loss reported in the same quarter last year. 

Biocon: The company has received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its API facility in Visakhapatnam, Andhra Pradesh.

HUDCO: The company has announced signing a non-binding Memorandum of Understanding (MoU) with RITES to collaborate on a comprehensive range of consultancy and fee-based projects and services. 

Adani Energy Solutions: The company has raised Rs 8,373.10 crore through a qualified institutions placement (QIP) to enhance the company’s capacity for evacuating electricity from renewable sources.

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