Indian benchmarks stabilized with significant gains on Monday following a strong rebound on the back of a positive banking sector and positive global indicators. BSE Sensex climbed 602.75 points or 0.76 percent, to end at 80,005.04. The NSE’s Nifty50 advanced 158.35 points, or 0.65 per cent, to close at 24,339.15. Here are the stocks that could remain in the spotlight before the opening bell on Tuesday, October 29, 2024:

Corporate actions today: Shares of Infosys and Route Mobile will trade ex-split today, while Quasar India will trade ex-split today.

Second quarter results today: Maruti Suzuki India, Adani Enterprises, Adani Ports, Cipla, Canara Bank, Marico, Prestige Estate Projects, SBI Cards, Voltas, Hitachi Energy India, Container Corporation of India, Gujarat Fluorochemicals, Honeywell Automation, HUDCO, APL Apollo Tubes, Apar Industries, Star Health and others will announce their results for the September 2024 quarter later today.

Bharti Airtel: The telecom major reported a 168% year-on-year rise in its consolidated net profit for the quarter ended September 2024 at Rs 3,593 crore. ARPU for the quarter stood at Rs 233, compared to Rs 203 in Q2FY24, up 15% YoY. The company’s operational revenue during the quarter stood at Rs 41,473 crore, up 12% year-on-year.

Infosys: The IT solutions company has completed the acquisition of Blitz 24-893 SE, Germany, through its subsidiary Infosys Singapore Pte.

Dr. Reddy’s Laboratories: The pharmaceutical major has launched Elobixibat, a drug to treat chronic constipation, in India. It will market Elobixibat under the BixiBat brand.

Federal Bank: The Kochi-based private lender reported its second quarter results with net profit up 10.8% year-on-year at Rs 1,056.7 crore. Its net interest income (NII) stood at Rs 2,367.3 crore, up 15% year-on-year. The gross NPA ratio improved marginally to 2.09 per cent, while the net NPA stood at 0.57 per cent for the quarter under review.

JSW infrastructure: The infra player reported a 46% year-on-year rise in its consolidated net profit at Rs 373.73 crore in the September quarter. Its total income stood at Rs 1,088.19 crore as against Rs 895.48 crore last year, an increase of 18% year-on-year. During the quarter, the company handled cargo volumes of 27.5 million tonnes, up 16% year-on-year.

Tata Power: The Tata group company has signed a share purchase agreement with Khorlochhu Hydro Power (KHPL) for acquiring a 40 per cent stake in KHPL for Rs 830 crore. The investment will be made in one or more tranches in the capital participation of KHPL.

Tata Technologies: The Tata Group IT company reported a 2% decline in its consolidated net profit for the quarter ended September 30, 2024, at Rs 157 crore. Operating revenue during the quarter under review increased 2 per cent year-on-year to Rs 1,296 crore. Ebitda for the quarter stood at Rs 235 crore, up 10% year-on-year, while Ebitda margins improved to 18.2%.

Suzlon Energy: The wind energy player reported a 96 per cent rise in its net profit year-on-year to Rs 201 crore for the quarter ended September 30, 2024, on the back of record orders and robust margins. Its revenue grew 48% on a year-on-year basis to Rs 2,093 crore in Q2FY25, while Ebitda grew 31% to Rs 294 crore, but margin of Ebitda decreased to 14.1%.

Quess Corp: The business services provider reported a 6% year-on-year increase in net profit at Rs 32 crore for the second quarter ended September 30, 2024. The company’s operating revenue grew 9.1% over a year at Rs 5,179.3 crore. Ebitda grew 16.2 per cent year-on-year to Rs 195.5 crore in the second quarter of this fiscal, with Ebitda margins standing at 3.8 per cent.

Gas Indraprastha: The city gas distribution player reported a 19.4% year-on-year decline in its standalone net profit at Rs 431 crore for the second quarter of the financial year 2024-25. Its operating revenue stood at Rs 4,088 crore, up 7% year-on-year. The board of directors declared an interim dividend of Rs 5.50 per share.