The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 50 points higher or 0.20% at 24,575 indicating that the domestic benchmark indices are likely to make a positive start on Wednesday. 

On Tuesday, 22 October, Domestic benchmark indices S&P BSE Sensex crashed 930.56 points or 1.15% to end at 80,220.72 while the Nifty50 traded 309 points lower or 1.25% and settled at 24,472.10.

Here are some stocks that are likely to remain in focus on 23 October.

Quarterly Results Today: SBI Life Insurance Company, Aster DM Healthcare, AU Small Finance Bank, Godrej Properties, CARE Ratings, Craftsman Automation, Bajaj Holdings, Birla Corporation, Birlasoft, Hindustan Unilever, Bajaj Finserv, Dodla Dairy, Fedbank Financial Services, Fino Payments Bank, KPIT Technologies, Karnataka Bank, Dr Lal PathLabs, Piramal Enterprises, Pidilite Industries, Schaeffler India, Sona BLW Precision Forgings, TVS Motor, United Spirits, and VIP Industries are some of the prominent companies that are set to release their quarterly earnings for July-September. 

One97 Communications: The company has received approval from the National Payments Corporation of India (NPCI) to start onboarding new users on its Unified Payments Interface (UPI) platform.

RITES: The company has secured an order from the Karnataka Mining Environment Restoration Corporation worth Rs 454 crore for the construction of railway PFTs at Dharmapura and Susheel Nagar in the Ballari district.

Olectra Greentech: The EV manufacturer in its quarterly earnings for July-September quarter reported a 156.45% year-on-year(YoY) increase in net profit to Rs 47.7 crore compared to Rs 18.6 crore reported in the same quarter last year. 

Power Grid Corporation of India: The company has emerged as a successful bidder for establishing an inter-state transmission system in Rajasthan. The project is to construct a new 765/400kV Siwani substation equipped with STATCOM and other essential equipment.

RaiTel Corporation: The company has announced that they have secured a work order from the Southern Eastern Railway worth Rs 36.8 crore for an electronic interlocking system and indoor and outdoor signalling arrangements. 

Indus Tower: The net profit of the company during the quarter stood at Rs 2,223.5 crore, marking a 71.7% YoY increase for the quarter ended 30 September from Rs 1,294.7 crore reported in the same quarter last year.

Reliance Infra: The company has announced his plans to establish India’s largest integrated manufacturing project for explosives, ammunition, and small arms in Ratnagiri, Maharashtra. The project will be led by the subsidiary of the company, Reliance Defence Ltd. 

Sonata Software: The company has announced that it is securing a multi-year contract with a Fortune 500 company that manufactures consumer goods and industrial products. As a part of the contract, the company will assist it in driving its global business growth while supporting its ongoing digital transformation journey.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!