The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading lower by 23 points at 24,685, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday.

Earlier on Tuesday, 5 August, the Domestic benchmark indices S&P BSE Sensex slumped by 308 points or 0.38%, and settled at 80,710, while the Nifty50 traded 0.30% higher or 73 points, closing at 24,649.

Here are some stocks that are likely to remain in focus on 6 August.

Quarterly Results Today: Bajaj Holdings, Bharat Forge, Bharat Heavy Electricals, Hero MotoCorp, Bajaj Auto, Trent, Divis Laboratories, Blue Star, Fortis Healthcare, Jindal Stainless, Pidilite Industries, PVR Inox, TD Power Systems, Jyoti CNC Automation, Krishna Institute of Medical Sciences, Power Finance Corporation, and UNO Minda are some of the prominent companies set to announce their quarterly earnings for April-June. 

Lupin: The company reported a 29.1% rise in Q1 net profit to Rs 127.2 crore, up from Rs 98.5 crore a year ago. Revenue grew 5.4% to Rs 1,681 crore, while EBITDA improved 16% to Rs 216.9 crore. Margins expanded from 12% to 12.9%.

Torrent Power: In its quarterly earnings for April-June, the company’s net profit fell 24.7% year-on-year to Rs 731 crore, as revenue declined 12.5% to Rs 7,906 crore. EBITDA dropped 20.2% to Rs 1,483 crore, and operating margins narrowed to 18.7%.

Prestige Estates: The company posted a 26% YoY increase in net profit to Rs 292.5 crore for the June quarter. Total income rose to Rs 2,468.7 crore from Rs 2,024.5 crore in the same period last year.

HG Infra Engineering: HG Infra Engineering secured a Letter of Award from the Military Engineer Services to develop an integrated material handling facility at the Naval Dockyard in Mumbai.

Bharti Airtel: The telecom major posted a 43% year-on-year jump in consolidated net profit to Rs 5,948 crore for the June quarter. However, the figure missed Street expectations of around Rs 6,400 crore. Revenue rose 28% to Rs 49,463 crore, slightly ahead of market estimates.

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