The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 44 points at 25,297, indicating that the domestic benchmark indices are likely to make a positive start on Thursday.

Earlier on Wednesday, 23 July, the Domestic benchmark indices S&P BSE Sensex surged by 539.89 points or 0.66%, and settled at 82,726.64, while the Nifty50 traded 0.63% higher or 159 points, closing at 25,219.90.

Here are some stocks that are likely to remain in focus on 24 July.

Quarterly Results Today: Bajaj Finance, Nestle India, SBI Life Insurance Company, Adani Energy Solutions, APL Apollo Tubes, CG Power and Industrial Solutions, Canara Bank, ACC, Aditya Birla Sun Life AMC, Coromandel International, Cyient, Hexaware Technologies, Mphasis, REC, Tanla Platforms, Indian Energy Exchange, Indian Bank, Motilal Oswal Financial Services, Tanla Platforms, Trident, and Ujjivan Small Finance Bank are some of the prominent companies set to announce their quarterly earnings for April-June. 

BEML: BEML, the public sector enterprise, secured a Rs 293.82 crore order from the Ministry of Defence. The contract includes the supply of 6×6 High Mobility Vehicles (HMVs) designed for logistics and tactical operations of the armed forces.

Tilaknagar Industries: Tilaknagar Industries signed a definitive agreement to acquire the Imperial Blue whisky brand from Pernod Ricard India for an enterprise value of approximately Rs 4,150 crore. This acquisition represents the largest-ever deal in India’s alcoholic beverages sector by a homegrown company.

Natco Pharma: Natco Pharma’s Board approved acquiring a 35.75% stake in South Africa-based Adcock Ingram Holdings, committing a total investment of Rs 2,000 crore. Additionally, the company decided to set up a wholly owned subsidiary in South Africa, Natco Pharma South Africa Proprietary Limited, with an investment of up to Rs 2,100 crore.

Inox Wind: Inox Wind’s Board sanctioned a rights issue of 10.41 crore equity shares, valued at Rs 1,249.33 crore. The issue price has been set at Rs 120 per share, and the company fixed 29 July as the record date to determine eligible shareholders.

Reliance Industries: Welspun Corp sold an additional 9.9% equity stake in Nauyaan Shipyard to Nauyaan Tradings, a wholly owned subsidiary of Reliance Strategic Business Ventures, for Rs 54.70 crore. As a result, Nauyaan Tradings increased its ownership in Nauyaan Shipyard from 84% to 93.9%, while Welspun Corp retained a 6.1% stake.

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