The GIFT Nifty futures were trading in the red before the market’s opening on Wednesday. Indices are expected to open on a similar flat-to-negative note. 

Domestic equity indices, NSE Nifty 50 and S&P BSE Sensex, snapped their two-day gaining streak and settled lower on Tuesday. Sensex declined to 63,874.93, falling 237.72 points or 0.37%, while Nifty tumbled 61.30 points or 0.32% to 19,079.60. 

Here are some stocks likely to remain in the limelight on November 1.

Amara Raja Energy & Mobility: The battery manufacturing company posted a 13% jump in consolidated net profit for the second quarter at Rs 226 crore from a year ago. The company’s total revenue from operations rose 9% to Rs 2,959 crore during the same period. Further, the company declared an interim dividend of Rs 4.8 per equity share for FY24. It also announced its plans to invest Rs 500 crore in tranches into its newly incorporated wholly-owned subsidiary, Amara Raja Advanced Cell Technologies.

NBCC: The public sector construction company has won two orders worth Rs 100.79 crore – Rs 60.79 crore order for LED Flood Light in Dampa Tiger Reserve Forest in Mizoram and Rs 40 crore order for construction of phase A and B works for JNV Khagariya in Bihar.

Larsen and Toubro (L&T):  L&T reported a 44.6% year-on-year (YoY) rise in its consolidated net profit for Q2FY24 at Rs 3,223 crore from Q2FY23. The consolidated revenue of the company rose 19.3% to Rs 51,024 crore during the reporting quarter. The company’s order book, too, ended strong at Rs 4.51 lakh crore, up 21% YoY. 

Ethos: The luxury watch boutique company has launched a Rs 125 crore QIP issue with the floor price for its preliminary placement fixed at Rs 1,627.49 per equity share. The company has an upsize of Rs 50 crore in case of oversubscription and may offer a discount of up to 5% on the floor price.  

SBI Cards: SBI Cards and Reliance Retail to jointly roll out Reliance SBI Card with benefits from Reliance Retail’s large portfolio of brands and SBI Card’s value propositions and offers.

Companies announcing their Quarterly Results today: Adani Wilmar, Ajmera Realty & Infra India, Ambuja Cements, Arvind Smartspaces, Britannia Industries, Cera Sanitaryware, Fino Payments Bank, Godrej Consumer Products, Gujarat Ambuja Exports, Gujarat Mineral Development Corporation, Hero MotorCorp, India Cements, Indraprastha Gas, JK Tyre and Industries, Jubilant Ingrevia, Kansai Nerolac Paints, KEC International, LIC Housing Finance, Maharashtra Seamless, Nilkamal, Orient Green Power Company, Rattanindia Power, REC, Relaxo Footwears, Safari Industries, Sun Pharmaceutical Industries, Tata Steel, Thomas Cook (India), Triveni Turbine, TV Today Network and Unichem Laboratories among others.