Stock including RIL, Airtel, Vedanta, ONGC, Adani Energy, Lupin, Bharti Hexacom, Biocon and more may remain under the spotlight before the opening bell on Tuesday, August 6.

Stocks in news: RIL, Airtel, Vedanta, ONGC, Adani Energy, Lupin and Biocon

Vedanta’s guidance on future dividend payout, comments on the demerger status and its update on volumes and CoP across verticals would be keenly followed.

Vedanta Q1 results today: Profit to rise 200-240%; eyes on dividend payout guidance, demerger status

Vedanta Q1 Profit & Margin Beat Estimates | What Led To Higher Results?

Revenue from operations rose 6.02% to Rs 35,764 crore during the period.

Vedanta Q1 Results: Profit Jumps 54% On Tax Write-Back, Beats Estimates

Find here the full list of companies that will announce their quarterly results on Tuesday, February 6.

Q1 Results Today: Vedanta, Raymond, Gujarat Gas Among 130+ Firms To Declare Earnings On August 6

During the first quarter earnings season, 132 companies, including PFC and Tata Power, were scheduled to announce their financial results. Vedanta’s net profit was expected to range between Rs 2,197-3,060 crore, with revenue estimates between Rs 35,440-38,674 crore for June 2024. Different brokerages provided varying growth predictions.

Q1 results today: Vedanta among 132 companies to announce earnings on Tuesday

Here are the stocks to watch before going into trade today.

Stocks To Watch: Tata Power, TVS Motor, Vedanta, Dabur, Bharti Airtel, ONGC

Indian markets fell almost 3% on Monday, reflecting concerns over economic slowdown and global issues. Rupiah fell to an all-time low as uncertainty looms around RBI Policy amidst recession fears. Important companies like Tata Power and Vedanta are set to declare their Q1 results on Tuesday.

GIFT Nifty rises over 150 pts; here’s the trading setup for today’s session

Indian benchmark indices plummeted almost 3% on Monday amid global market shocks and concerns over a US economy slowdown. RIL, Bharti Airtel, Vedanta, Tata Power, and other major companies were highlighted due to recent news and quarterly results. RILs AGM is on August 29, while ONGC and Airtel disclosed contrasting profit performances.

Stocks in news: RIL, Bharti Airtel, Vedanta, Tata Power, Lupin

Here are the earnings estimates of major companies that are scheduled to announce their results on Tuesday.

Tata Power, Vedanta, TVS Motor, Lupin Q1 Results Today — Earnings Estimates

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Monday’s trading session, five stocks witnessed a long unwinding. Here’s the list: Change in Position

Vedanta, NMDC among 5 stocks with long unwinding - Change in Position

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Vedanta Limited is a global diversified natural resource company operating across segments which are Copper; Aluminium; Iron Ore; Power; Zinc, Lead and Silver; Oil and Gas, and Others.

Vedanta Ltd