The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 68 points at 25,162, indicating that the domestic benchmark indices are likely to make a positive start on Wednesday.

Earlier on Tuesday, 22 July, the Domestic benchmark indices S&P BSE Sensex slumped by 13.53 points or 0.02%, and settled at 82,186.81, while the Nifty50 traded 0.12% lower or 29.8 points, closing at 25,060.90.

Here are some stocks that are likely to remain in focus on 23 July.

Quarterly Results Today: Coforge, Aditya Birla Real Estate, Bajaj Housing Finance, Infosys, Dr Reddy’s Laboratories, Tata Consumer Products, Bikaji Foods International, CMS Info Systems, DAM Capital Advisors, SRF, Syngene International, Thyrocare Technologies, Force Motors, Mahindra Holidays & Resorts India, Persistent Systems, and Tata Teleservices are some of the prominent companies set to announce their quarterly earnings for April-June. 

Paytm: One97 Communications, the parent company of Paytm, has reported its first-ever net profit after years of losses. In Q1 FY26, the fintech firm posted a profit of Rs 122.5 crore, marking a sharp turnaround from the Rs 839 crore loss recorded in the same quarter last year. The rebound was largely fueled by a significant rise in other income, which surged to Rs 241 crore. Revenue also rose 27.7% year-on-year to Rs 1,917.5 crore.

Denta Water and Infra Solutions: Denta Water and Infra Solutions has secured new contracts worth Rs 183 crore for the execution of seven projects. With these additions, the company’s total outstanding order book has risen to Rs 745.5 crore.

Hyundai Motors India: Hyundai Motor India has received a tax demand order from the Commissioner (Appeals), CGST Department, Tamil Nadu, seeking Rs 258.67 crore in compensation cess along with an equal amount as penalty. The demand pertains to the alleged short payment of GST compensation cess on specific SUV models during the period from September 2017 to March 2020. The company is currently reviewing the order and plans to exercise its right to appeal.

Dixon Technologies: The leading electronic manufacturing services firm reported another strong quarterly performance as it nearly doubled its revenue to Rs 12,835 crore, which is a 95% year-on-year jump. Although this marks its first sub-100% growth in five quarters, the company still delivered impressive numbers. It posted a 97% rise in EBITDA to Rs 482.4 crore, while net profit climbed 69% YoY to Rs 225 crore.

ONGC: The Board of Oil and Natural Gas Corporation (ONGC) approved a true-up funding of up to Rs 5,082 crore to be deployed by its subsidiary, ONGC Videsh, over FY26–27 for the Area 1 Mozambique LNG project.

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