The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading lower by 17 points at 24,821, indicating that the domestic benchmark indices are likely to make a muted start on Wednesday.

Earlier on Tuesday, 29 July, Domestic benchmark indices S&P BSE Sensex surged by 447 points or 0.55%, and settled at 81,338, while the Nifty50 traded 0.57% higher or 140 points, closing at 24,821.

Here are some stocks that are likely to remain in focus on 30 July.

Quarterly Results Today: Hyundai Motor India, InterGlobe Aviation, Indus Towers, Tata Steel, Power Grid Corporation of India, Punjab National Bank, Aster DM Healthcare, Computer Age Management Services, CESC, IIFL Finance, JB Chemicals & Pharmaceuticals, KPIT Technologies, CESC, Greaves Cotton, HEG, Indraprastha Gas, Zydus Wellness, and Navin Fluorine International are some of the prominent companies set to announce their quarterly earnings for April-June. 

Axiscades Technologies: Axiscades Technologies secured key orders from top Indian defence laboratories for advanced sub-systems across airborne, naval, and radar-based platforms. These projects support some of the country’s most advanced indigenous platforms being developed by defence PSUs and DRDO.

Fermenta Biotech: The company has obtained a Certificate of Suitability (CEP) from the European Directorate for the Quality of Medicines & Healthcare (EDQM) for its spray-dried Vitamin-D3 product, VITADEE 100 SD, produced at its Kullu, Himachal Pradesh plant.

Zydus Lifesciences: The company announced that it has completed its acquisition of an 85.6% stake in Amplitude Surgical from PAI and two minority shareholders for €256 million. The company will file a simplified mandatory tender offer on 30 July to buy the remaining shares at €6.25 per share.

Tilaknagar Industries: The Board of Directors of the company have approved a preferential issue of equity shares and warrants worth Rs 2,296 crore. The company plans to use the funds to acquire the Imperial Blue business division and support general corporate requirements.

Larsen and Toubro: L&T posted a strong first-quarter performance, with net profit rising 29.85% year-on-year to Rs 3,617.19 crore, beating market expectations. In the same quarter last year, the company reported Rs 2,785.72 crore in profit. Revenue from operations jumped 15.53% to Rs 63,678.92 crore, driven by robust execution in its core Projects & Manufacturing (P&M) segment. L&T also reported an EBITDA of Rs 6,316 crore for the quarter.

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