Markets will likely start Tuesday’s session on a bullish note amid favourable global cues. Overnight, US stocks rose 2%. At 7:30 am, SGX Nifty February futures were quoted at 18,331, suggesting that the Nifty 50 opened nearly 100 points higher.

Meanwhile, the following stocks are likely to be watched on Tuesday.

Maruti Suzuki: According to analysts, the auto giant will likely report a quarter-on-quarter net profit and revenue decline due to slower sales. According to brokerage estimates, the net profit could range from Rs 1,794.40 crore to Rs 1,940 crore.

Axis Bank: The bank reported a 62% year-on-year rise in standalone net to Rs 5,853.07 crore in the October-December quarter, with substantial net interest income (NII) underpinning profits despite higher provisions. The bank’s NII jumped 32% year-on-year to Rs 11,459 crore.

Tata Communications: The company’s net revenue slipped 7.3% to Rs 208.95 crore in Q3FY23 from Rs 225.51 crore in Q3FY22. However, total revenue rose 12.5% ​​year-on-year to Rs 1,918.86 crore.

Bank of Baroda (BoB), CG Power and Industrial Solutions: According to an analysis by Nuvama Alternative & Quantitative Research, the Bank of Baroda and CG Power and Industrial Solutions may be included in the MSCI Global Standard Index in the upcoming rebalancing operation. Analysis suggests a possible inflow of $150 million each.

Container Corporation (ConCor): The company’s third-quarter net profit for the quarter ending December 2022 rose 8% to Rs 307.71 crore from Rs 284.82 crore a year earlier. Total revenue rose 6% to Rs 2,102.66 crore.

HFCL: The company’s second-quarter net revenue rose 14% to Rs 79.90 crore in the quarter that ended December 2022 from Rs 70.11 crore in the quarter that ended December 2021. However, total revenue fell 9.2% year-on-year to Rs 1,008.15 crore. Meanwhile, the company has planned a capex worth Rs 357 crore.

Zomato: CEO Deepinder Goyal posted 800 job vacancies across five positions via LinkedIn. These roles include the CEO’s chief of staff, generalist, growth manager, product owner, and software development engineer.

Jewellery-related: Shares of gold-related companies could be in focus following reports that the government is considering reducing the effective tariff on gold below 12%. Currently, the effective tariff on gold is 18.45%, which includes a 12.5% ​​import duty, a 2.5% agricultural infrastructure development tax, and other levies.

Amber Enterprises: The company reported a net loss of Rs 5.50 crore for the quarter that ended December 2022, compared to a profit of Rs 14.48 crore in the same period last year. However, total revenue rose 37.5% year-on-year to Rs 921.55 crore.

Supreme Petrochem: The company’s net profit plunged 45.5% to Rs 89.59 crore in the quarter ending December 2022 from Rs 164.54 crore a year earlier. Total revenue fell 8.4% year-on-year to Rs 1,194.57 crore.

Syngene International: The company’s net revenue rose by almost 6% to Rs 109.50 crore in Q3FY23 from Rs 103.40 crore in Q3FY22. Total revenue rose 23.2% year-on-year to Rs 803.80 crore.

Selan Exploration: The company’s net revenue more than doubled to Rs 7.61 crore in the third quarter that ended December 2022, from Rs 3.1 crore a year earlier. Total revenue rose 50.3% to Rs 32.06 crore.

Poonawalla Fincorp: In Q3FY23, the company’s standalone net turnover soared 88% YoY to Rs 150 crore. Net NPA fell 108 basis points to 0.89%.

DCX Systems: In the quarter that ended December 2022, the company’s third-quarter standalone net revenue fell 5% year-on-year to Rs 17.29 crore, compared to Rs 18.21 crore a year earlier. Total revenue fell 15% to Rs 362.36 crore.