The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.41% lower by 97 points at 23,387, indicating that the domestic benchmark indices are likely to make a negative start on Tuesday.
On Monday, 20 January, Domestic benchmark indices S&P BSE Sensex climbed by 454.11 points or 0.59% and settled at 77,073.44, while the Nifty50 traded gained 141 points or 0.61%, settling at 23,344.75.
Here are some stocks that are likely to remain in focus on 21 January.
Quarterly Results Today: PNB Housing Finance, Indiamart Intermesh, India Cements, UCO Bank, KEI Industries, Tata Technologies, South Indian Bank, Servotech Renewable Power System, Cyient DLM, Eureka Industries, Aditya Birla Real Estate, Dalmia Bharat, ICICI Prudential Life Insurance Company, Tata Technologies, PNB Housing Finance, and Tanla Platforms are some of the prominent companies set to announce their quarterly earnings for October-December.
Vodafone Idea: The company responded to reports regarding a potential Rs 1 lakh crore AGR dues waiver, stating that it has not received any official communication from the government on the matter. Meanwhile, the Supreme Court upheld a Bombay High Court decision awarding Vodafone Idea a tax refund of Rs 1,600 crore, rejecting a delayed appeal by the tax department.
Tata Consultancy Services: The company announced inaugurating a cutting-edge delivery centre in Toulouse, France, to serve clients in the aerospace, manufacturing, and defence industries.
Cipla: The company’s goa-subsidiary, Medispray Laboratories, underwent an FDA inspection between 14 January and 20 January. The FDA concluded the inspection by issuing a Form 483 with one observation.
REC: The company’s subsidiary RECPDCL has announced transferring its stake in Rajasthan Part I Power Transmission to Adani Energy Solutions for a total professional fee of Rs 15 crore and expense reimbursement.
Oberoi Realty: The company’s net profit for the quarter ended 31 December stood at Rs 618.4 crore, marking a 71.7% year-on-year increase compared to Rs 360.2 crore reported in the same quarter of the previous fiscal year.
Zomato: In its quarterly earnings for October-December, the company reported a sharp decline in consolidated net profit to Rs 59 crore for the quarter under review from Rs 140 crore reported in the same quarter last year.
Landmark Cars: The company has announced receipt of a letter of intent from JSW MG Motors India to establish new MG Select dealerships in Kolkata and Ahmedabad.
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