Indian benchmark indices continued to fall on Wednesday and settled lower on the back of dull Q2 performance by India Inc so far. BSE Sensex dropped 318.76 points or 0.
39 per cent, to end at 81,501.36. NSE's Nifty50 cracked 86.
05 points, or 0.34 per cent, to close at 24,971.30.
Here are the stocks that may remain under spotlight before the opening bell on Thursday, October 17, 2024: Infosys, Axis Bank, Wipro, Nestle India, LTIMindtree, Havells India, Polycab India, Indian Overseas Bank, Jindal Stainless, Tata Communications, Central Bank of India, Tata Chemicals, Karur Vysya Bank, CEAT, Tanla Platforms, National Standard (India), Quick Heal Technologies, Geojit Financial Services and more will announce their quarterly results for September 2024 quarter. The company has fixed October 28 as the record date for determining the eligibility of equity shareholders for bonus equity shares. The issue of bonus shares was passed with more than the requisite majority in e-voting on October 15.
The cement major has added 1.2 MTPA grinding capacity at its Arakkonam plant in Tamil Nadu. With this addition, its total cement capacity has reached 156.
06 MTPA. The two-wheeler major reported a standalone net profit of Rs 2,005 crore for the quarter ended September 2024, up 9 per cent YoY. The company reported revenue from operations at Rs 13,127 crore, rising 22 per cent YoY.
Ebitda increased 24 per cent YoY to Rs 2,652.2 crore, while margins expanded 40 basis points to 20.2 per cent for the qu.