The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.49% higher by 108.50 points at 22,368, indicating that the domestic benchmark indices are likely to make a positive start on Thursday.  

On Wednesday, 15 May, Domestic benchmark indices S&P BSE Sensex shed 117.58 points, or 0.16%, to end at 72,987.03 while the Nifty50 traded 17.30 or 0.08% lower and settled at 22,200.55.

Here are some stocks that are likely to remain in focus on 16 May.

Titagarh Rail: The engineering company, in its quarterly report for January-March, reported a 64% year-on-year increase in net profit to Rs 79 crore from Rs 48.2 crore last year. 

Dixon Technologies: in its quarterly report, the company reported a 24.7% YoY increase in net profit to Rs 98.5 crore, whereas its revenue grew by 52% YoY to Rs 4,658 crore.

LIC Housing Finance: The company’s net profit during the quarter ending on 31 March fell 7.6% YoY to Rs 1,090.8 crore from Rs 1,180 crore reported in Q4FY23. 

NCC: The industrial building construction company’s net profit increased 25.2% to Rs 239.2 crore for Q4FY24 against Rs 191 crore recorded in Q4FY23.

NLC: The company’s consolidated net profit declined by 86.2% YoY to Rs 114.23 crore for the March quarter from Rs 829.67 crore during the year-ago quarter.

PFC: The state-owned energy and infrastructure lender reported a 23% YoY growth in consolidated net profit to Rs 7,556 crore, driven by core income growth.