Several companies are making headlines this morning due to management updates, financial performance, or macro developments. Here are the key stocks in news today:
Corporate actions and leadership changes
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Chennai Petroleum appointed H. Shankar as MD, effective April 2.
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JBM Auto announced the resignation of CHRO Mr. Girish Goyal.
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PNB Housing Finance confirmed resignation of Chief People Officer Mr. Amit Singh.
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Octaware Technologies and Bajaj Healthcare also announced top-level exits.
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Titagarh Rail named Devendra Kumar Vyas as CEO for Freight Rail Systems.
Business performance updates from the banking sector stocks
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PNB reported a 13.3% YoY jump in domestic deposits and 13.6% rise in global advances.
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South Indian Bank posted a 0.6% QoQ drop in gross advances, while retail deposits rose 2.1%.
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Central Bank of India showed a 10.75% YoY rise in total business.
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HDFC Bank received an administrative warning from SEBI regarding custodian services compliance.
Neutral developments across multiple sectors in stock market
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Reliance Industries laid the foundation stone for its first compressed bio-gas plant in Andhra Pradesh, with a planned investment of ₹139 crore.
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Dhampur Bio announced a name change to Divija Bio Organics.
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Hindustan Zinc reported record FY25 mined metal production of 1,095 kt.
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Alivus Life Sciences will acquire a 9.21% stake in Torrent Urja 19 for ₹15.6 crore.
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Caplin Point acquired Neoethicals Chile SpA via subsidiary Caplin Point Far East Ltd.
Regulatory and compliance updates on stocks
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Emami and Aarti Drugs received cautionary letters from stock exchanges over delayed disclosures.
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Puravankara received a nil tax demand notice with a disallowance impact of ₹5.35 crore.
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Solara Active Pharma set April 4 as record date for its rights issue call money.
Dividend and board announcements
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United Spirits is trading ex-dividend today for its ₹4 per share interim payout.
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Remsons and Fervent have board meetings today to consider preferential share issues.
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R&B Denims elevated Mr. Amit Dalmia as Chairman and Managing Director.
Stocks likely to see negative bias
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M&M Financial Services reported flat disbursement growth and 97% collection efficiency.
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Bharat Forge under pressure as North America Class 8 truck orders hit a 7-month low.
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Technology, metal, and auto stocks may see global spillover effects from reciprocal tariffs.
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Dabur expects flattish consolidated revenue and a mid-single-digit decline in India FMCG business.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult a qualified financial advisor before making any investment decisions.
