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Stocks in Focus: Indus Towers, BSE, Adani Enterprises, Coal India, and Others 

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The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.25% higher by 56 points at 22,675, indicating that the domestic benchmark indices are likely to make a positive start on Thursday.  

On Tuesday, 30 April, Domestic benchmark indices S&P BSE Sensex lost 188.50 points, or 0.25%, to end at 74,482.78 while the Nifty50 traded 38.55 points, or 0.17% lower and settled at 22,604.85.

Here are some stocks that are likely to remain in focus on 2 May.

Quarterly Results Today: Adani Enterprise, Adani Ports, Federal Bank, Coforge, KEI Industries, Coal India, Dabur India, Blue Star, CIE Automotive India, CEAT, Voltamp Transformers, KPR Mills, Ajanta Pharma, South Indian Bank, Blue Dart Express, UGRO Capital, Ramkrishna Forgings, Astec Lifesciences, and JBM Auto are some of the prominent companies that are set to release their quarterly earnings for January-March.

BSE: The Bombay Stock Exchange decided to increase the transaction charges for its primary option contracts tied to the Sensex and Bankex indexes. 

Adani Power: The company reported revenue of Rs 13,363.69 crore during Q4, a 30.47% year-on-year increase from Rs 10,242.06 crore reported in the same quarter last year. 

Indus Towers: In its quarterly report for Q4FY24, the company reported a significant growth in net profit by 32.44% YoY to Rs 1,853.1 crore.

Ambuja Cement: In its quarterly report for January-March, the company reported a 12.31% YoY increase in its revenue to Rs 4,780.32 crore. 

Godrej Group: The conglomerate is set to split into two branches within the family. Adi and Nadir Godrej will control Godrej Industries, which includes its five listed companies, whereas cousins Jamshyd Godrej and Smita Crishna will control the unlisted entity, Godrej & Boyce.

Rail Vikas Nigam: The company emerged as the lowest bidder (L1) for a construction project worth Rs 391 crore. 

Auto Stocks: Maruti Suzuki, Tata Motors, TVS Motors, and other auto companies announced their sales numbers for April. 

Mahindra and Mahindra Financial Services: The company has appointed Raul Rebello as Executive Director and Managing Director & CEO from its previous role as a whole-time Director.

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