Shares of Bajaj Housing Finance Ltd. are trading with cuts of up to 1% on intraday trade after reporting its first quarter earnings for the fiscal year ending March 2025 on Wednesday.

The company that sells products under 'CP Plus' brand, will open for subscription on July 29 and conclude on July 31.

The change is aimed at improving market efficiency, but it reduces the commercial price discovery role of exchanges like IEX in determining prices.

The Pune-based IT services firm posted a consolidated net profit of Rs 425 crore for the April–June quarter, up 7.4% from Rs 396 crore in the previous quarter.

The company posted a consolidated net profit of Rs 1,418 crore for the April–June period, up just 1.8% year-on-year and below the Rs 1,514 crore consensus estimate.

Infosys posted revenue of Rs 42,279 crore for the April–June quarter, up 3.3% sequentially and slightly ahead of analyst estimates.

Coforge gains on back of June quarter earnings, which witnessed profit rising 21% on a quarter-on-quarter basis to Rs 317 crore, slightly missing analyst estimate of Rs 335 crore.

The FMCG major posted a consolidated net profit of Rs 334 crore for the April–June quarter, up 15% year-on-year but below the Rs 355 crore projected by analysts ...

Motilal Oswal Financial Services, ACC, Adani Energy Solutions, Indian Bank, KFin Technologies and Hexaware Technologies, among others, will also announce their quarterly earnings on Thursday.

In the wake of Infosys' first quarter earnings, Morgan Stanley maintained an 'Equal-Weight' call on the counter, but hiked target price to Rs 1,700 compared to an earlier target of Rs 1,650.

Rupee's overall weakness against the US dollar in the last week has come due to cautious market sentiment, and the focus ahead will be on next week's US interest rate decision.

Stocks from sectors including healthcare, logistics, oil and gas made it to the analysts' recommendations for Thursday's session.