The GIFT Nifty futures, which are an early indicator of the Nifty50 index, were trading lower by 45 points at 24,416, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.

On Wednesday, 7 May, Domestic benchmark indices S&P BSE Sensex gained by 105.71 points or 0.13%, and settled at 80,746.78, while the Nifty50 traded 0.14% higher by 34.80 points, settling at 24,414.40.

Here are some stocks that are likely to remain in focus on 8 May.

Quarterly Results Today: Larsen & Toubro, Titan Company, Asian Paints, Biocon, Escorts Kubota, Britannia Industries, Bharat Forge, Union Bank of India, Canara Bank, Aarti Industries, IIFL Finance, Jindal Stainless, Chambal Fertilisers & Chemicals, Dilip Buildcon, Kalyan Jewellers India, Multi Commodity Exchange of India, Zee Entertainment Enterprises, Pidilite Industries, and REC are some of the prominent companies set to announce their quarterly earnings for January-March. 

Lupin: Lupin has introduced eslicarbazepine acetate tablets in the US market following the US FDA’s approval of its abbreviated new drug application (ANDA). The tablets, offered in 200 mg, 400 mg, 600 mg, and 800 mg doses, are the generic version of Sumitomo Pharma America’s Aptiom.

United Breweries: In its quarterly earnings for January-March, the company reported a 20.5% year-on-year (YoY) increase in net profit to Rs 97.4 crore for the quarter under review compared to Rs 80.80 crore reported in the same quarter of the previous fiscal year. 

Coal India: For the quarter ended 30 March, the company reported a 12.04% YoY increase in consolidated net profit to Rs 9,604.02 crore compared to Rs 8,572.14 crore reported in the same quarter of the previous financial year.

Dabur: The company reported a consolidated net profit of Rs 320.13 crore for Q4FY25, marking an 8.31% YoY decline. At the same time, the company’s revenue from operations gained marginally to Rs 2,830.14 crore. 

Voltas: The home appliances manufacturer posted a more than twofold increase in net profit to Rs 236 crore for the March quarter, up from Rs 111 crore in the same period last year. The board has also proposed a dividend of Rs 7 per share for the financial year 2024–25, based on a face value of Rs 1 per share.

Gensol Engineering: The company has been declared by the Securities Appellate Tribunal (SAT), granting the company interim relief as they are under scrutiny for alleged fund diversion.

Discover the next big investment! Unicorn Signals’ IPO screener helps you identify promising initial public offerings. Download Unicorn Signals and get ahead of the curve! Sign Up Now & Find Your Next IPO Gem!