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Earnings results for several companies, including Power Grid, Divi's Labs, and Tata Chemicals, will be released soon. Power Grid is expected to report modest growth, while Divi's Labs anticipates significant increases in net profit and revenue. Other notable companies announcing results are General Insurance Corp and Aditya Birla Capital. Stay tuned for important financial updates.
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Consumer-oriented stocks gained traction post-budget with Maruti Suzuki, Bajaj Finance, and Eicher Motors showing significant strength. Other stocks such as Laurus Labs, Havells India, Aditya Birla Fashion, Britannia Industries, and Jubilant FoodWorks are also expected to benefit from increased domestic consumption and positive technical indicators.
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As per the DRHP, Embassy Buildcon plans to sell up to 33.46 million shares, while Ariel Way Tenant, through which WeWork Inc holds stake in the Indian company, is seeking to offer about 10.3 million shares.
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