Stocks in the news: Bharti Airtel, Maruti, YES Bank, Dr Reddy's Labs, IndusInd Bank and Nestle India

Nifty futures on the Singapore Exchange traded 8.5 points, or 0.08 per cent higher at 11,293, in signs that Dalal Street was headed for a flat start on Tuesday. Here are a few stocks which may buzz the most in today's trade:

Bharti Airtel, Maruti and DRL: Bharti Airtel, Maruti Suzuki, SpiceJet, Dr Reddy’s Laboratories, Colgate Palmolive India, Ceat, Glaxosmithkline Pharma, Mahindra Lifespace, Manappuram Finance, TVS Motor Co and Shemaroo Entertainment are scheduled to announce their June quarter earnings on Wednesday.

YES Bank: Private lender YES Bank on Tuesday reported a 60.05 per cent year-on-year (YoY) fall in net profit at Rs 45.44 crore for the quarter ended June 30.

IndusInd Bank: A more than five-fold jump in provisions weighed on IndusInd Bank net profit for the quarter ended June 30, but the private lender still managed to beat the street view.

Nestle India: Packaged food maker Nestle India reported 11.1 per cent increase in its June quarter net profit at Rs 486.6 crore aided by lower taxes but said sales were adversely impacted due to the coronavirus induced lockdown.

NIIT Technologies: NIIT Technologies reported a 20.6 per cent drop in profit after tax at Rs 79.9 crore for Q1FY21, while revenue was up 9.8 per cent at Rs 1057 crore. The decline in revenue was attributed to the slowdown in the travel, transport and hospitality vertical which declined 31.6 per cent quarter on quarter.

Hexaware Technologies: Hexaware Technologies reported a net profit of Rs 152.5 crore for the quarter ended June, 0.7 per cent higher than the corresponding quarter last year, and revenues of Rs 1,569.1 crore, up 19.9 per cent.

Sanofi India: Drug firm Sanofi India on Tuesday reported a net profit of Rs 136.3 crore for the second quarter ended June 30, 2020. The company had posted a net profit of Rs 97.4 crore for the corresponding period of the previous fiscal.

Mindtree: Mindtree has submitted applications to the exchanges seeking to reclassify its promoters and promoters group. In July last year, key founder-promoters Krishnakumar Natarajan, Rostow Ravanan, N S Parthasarathy resigned from their executive roles after Larsen & Toubro acquired more than 60 per cent stake in the mid-tier IT services major. The company has sought to reclassify promoters to ordinary shareholders in one year since they quit, following the takeover.

RBL Bank: The bank reported over 47 per cent decline in standalone net profit at Rs 141.22 crore in the first quarter ended June of the current fiscal year due to over two-fold jump in provisioning.

IDBI Bank: IDBI Bank reported Rs 144 crore net profit for June quarter on account of a reversal of Rs 1335 crore of bad loan provisioning. This, against a loss of Rs 3,801 crore in the year ago period, is the bank’s second successive net profit after 13 consecutive quarters of loss.

Emami, Hindustan Unilever (HUL): The Bombay High Court has disposed of the plea filed by Emami that had sought to vacate the ex-parte order against it, under which the Kolkata-based firm was directed to give seven days prior notice to the HUL before it files any case against the company to seek any relief in relation to the trademark ‘Glow & Handsome’.

Tata Steel: Tata Steel flagged-off the first raw material consignment of ferrous scrap for trials at its steel recycling plant being set-up in Rohtak in Haryana, on Friday last week.

Bharti Infratel: Telecom tower company Bharti Infratel sees some "softness" in co-locations as "two of the operators are not expanding the network meaningfully" Chairman Akhil Gupta said in an earnings call, and added that he was sure of Vodafone Idea’s survival and capital would come in for the cash-strapped telco.

IDFC First Bank: Private lender IDFC First Bank saw its net profit rise to Rs 93.5 crore at the end of June compared with a loss of Rs 617 crore during the same period last year.