The stock market indices concluded the last trading day with a positive trend. Sensex initiated the day at 64,444, reaching a peak of 64,535, but ultimately closing 0.44 percent higher at 64,363. Meanwhile, Nifty 50 began at 19,241, reached a daily high of 19,276, and ended the day 0.51 percent higher at 19,230.
As the Q2 earnings season is ongoing, numerous companies have already reported their financial results, while others are yet to do so. Now, let’s take a look at some popular stocks set to announce their results in the upcoming week.
Divis laboratories Ltd
Incorporated in 1990, Divis Laboratories is one of the leading manufacturers and exporters of APIs, intermediates and nutraceutical ingredients.
The company has a market capitalisation of Rs. 88,779 crores and is going to announce its results on 6th november 2023. Divis Laboratories holds 0.61 percent weightage in Nifty 50.
Varun beverages Ltd
Varun Beverages Ltd plays a central role in the beverage industry and is counted among the largest franchisees of PepsiCo on a global scale. The company is engaged in the manufacturing and distribution of carbonated soft drinks, non-carbonated beverages, and packaged water, all marketed under the trademarks owned by PepsiCo.
The company has a market capitalization of Rs. 1,20,310 crores and is going to announce its results on 6th november 2023.
Tata Power Ltd
Tata Power Company Ltd focuses on the generation, transmission, and distribution of electricity as its primary business. The company’s goal is to generate electricity exclusively from renewable sources. Additionally, Tata Power manufactures solar roofs and has ambitious plans to establish 100,000 electric vehicle (EV) charging stations by the year 2025.
The company has a market capitalization of Rs. 78,221 crores and is going to announce its results on 8th november 2023.
Coal India Ltd
Coal India Ltd is primarily involved in the mining and production of coal, along with the operation of coal washeries. The company’s main customers come from the power and steel sectors, and it also serves consumers from various other industries, including cement, fertilisers, and brick kilns.
The company has a market capitalization of Rs. 1,90,366 crores and is going to announce its results on 10th november 2023. Coal India holds 0.62 percent weightage in Nifty 50.
Written by: Vinit Israni
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