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Stocks in Focus: Bharat Forge, Hindustan Copper, and Others

Stocks in Focus: Aurobindo Pharma, GHV Infra Projects, and Others - EP
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The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, were trading lower by 40 points at 24,594, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.

Earlier on Wednesday, 6 August, the Domestic benchmark indices, S&P BSE Sensex, slumped by 166 points or 0.21%, and settled at 80,543, while the Nifty50 traded 0.31% lower, or 75 points, closing at 24,574.

Here are some stocks that are likely to remain in focus on 7 August.

Quarterly Results Today: BBiocon, Cummins India, Metropolis Healthcare, Titan Company, Life Insurance Corporation of India, Hindustan Petroleum Corporation. National Aluminium Company, Kalyan Jewellers India, Kalpataru Projects International, Godrej Consumer Products, Aegis Logistics, Aegis Vopak Terminals, Apollo Tyres, Edelweiss Financial Services, Emcure Pharmaceuticals, Bajaj Electricals, Birlasoft, Data Patterns (India), and Ramco Cements are some of the prominent companies set to announce their quarterly earnings for April-June. 

Bharat Forge: Bharat Forge signed a Business Transfer Agreement (BTA) with its subsidiary, Kalyani Strategic Systems Ltd (KSSL), to transfer its defence business for Rs 453.3 crore. The two companies also signed an Intellectual Property Rights Licensing Agreement as part of the deal.

BHEL: Bharat Heavy Electricals Ltd reported that its net loss has widened to Rs 455.5 crore in Q1FY26, compared to Rs 211.4 crore in the same quarter last year. Revenue held steady at Rs 5,658 crore, but total expenses rose to Rs 6,279 crore, which contributed to the larger loss.

Hindustan Copper: Hindustan Copper entered into a Memorandum of Understanding (MoU) with GAIL (India) to jointly bid in copper and critical mineral block auctions. The two PSUs will collaborate on the exploration, mining, and processing of these minerals.

IRCON: For the quarter ended April-June, the company reported a 26.5% YoY decline in net profit to Rs 164.5 crore and a 21.89% YoY decline in revenue to Rs 1,786 crore, due to execution delays and lower order inflows.Β 

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