The GIFT Nifty futures, which are an early indicator of the Nifty50 index, were trading higher by 103 points at 25,080, indicating that the domestic benchmark indices are likely to make a positive start on Tuesday.

On Monday, 19 May, Domestic benchmark indices S&P BSE Sensex slumped by 271 points or 0.33%, and settled at 82,059.42, while the Nifty50 traded 0.30% lower by 74 points, settling at 25,945.45.

Here are some stocks that are likely to remain in focus on 20 May.

Quarterly Results Today: Hindalco Industries, Zydus Lifesciences, EIH, Fortis Healthcare, Gland Pharma, Aster DM Healthcare, Dixon Technologies, JK Tyre & Industries, Laxmi Organic Industries, Talbros Engineering, Torrent Pharmaceuticals, United Spirits, Max Healthcare Institute, NHPC, Solar Industries India, and Whirlpool of India are some of the prominent companies set to announce their quarterly earnings for January-March. 

Reliance Power: Reliance Power has entered into a long-term power purchase agreement (PPA) with Green Digital, a company owned by Druk Holding and Investments (DHI), the investment arm of Bhutan’s Royal Government, to co-develop a 500 MW solar power plant in Bhutan. The project, which will be the largest solar installation in the country, will be executed under a 50:50 joint venture with an estimated investment of up to Rs 2,000 crore, following the Build-Own-Operate (BOO) model.

Rail Vikas Nigam: The company has been declared the lowest bidder for a Rs 178.64 crore project awarded by IRCON International. The scope includes supplying signalling and telecommunication equipment, EIMWB materials, and executing installation, testing, and commissioning of distributed/centralised electronic interlocking systems at 10 new stations.

Shyam Metalics and Energy: Shyam Metalics is venturing into wagon manufacturing with a new greenfield facility in Kharagpur, West Bengal. The plant, developed through its step-down subsidiary Ramsarup Industries, is expected to begin operations by March 2026.

HFCL: The company has secured a purchase order valued at Rs 173.72 crore to supply domestically manufactured telecom networking equipment for the 5G infrastructure of a prominent Indian telecom operator.

Wanbury: Wanbury’s manufacturing facility in Patalganga has been granted the CBPF (GMP) certification by ANVISA, Brazil’s health regulatory authority. This comes after its Tanuku site in Andhra Pradesh also received approval and certification from ANVISA on 12 May.

Bharat Electronics: In its quarterly earnings for January-March, the company reported an 18.39% year-on-year (YoY) increase in net profit to Rs 2,127.02 crore for the quarter under review compared to Rs 1,796.67 crore reported in the same quarter last year. 

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