A host of corporate developments and regulatory updates are likely to steer stock-specific action in today’s session, April 16, 2025. Here are the key stocks in focus, categorized by the nature of the update:
Regulatory approvals and licenses
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PB Fintech: Subsidiary PB Pay Private Limited has received in-principle authorisation from the RBI to operate as an online payment aggregator.
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Aster DM Healthcare: Received CCI approval for the merger of Quality Care India into Aster DM via a scheme of amalgamation.
Operational updates and orders
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NHPC: Announced commercial operation of Unit 4 (200 MW) of the Parbati-II Hydroelectric Project in Himachal Pradesh.
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BEL: Media reports indicate a potential deal with the Indian Air Force for lightweight radar MK-2.
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Oil India: Secured 9 blocks under OALP Round-IX, increasing its exploration acreage by 85%.
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Vedanta (Cairn Oil & Gas): Acquired 7 new blocks in OALP Round-IX.
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Allcargo Terminals: Reported 51.2k TEUs container volume in March 2025, up 5% from February.
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MRP Agro: FY25 net profit surged to ₹7 crore (vs ₹1 crore YoY); revenue rose to ₹104 crore (from ₹43 crore YoY).
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Nureca Ltd: Announced its brands Dr. Trust and Dr. Physio will soon be available on Swiggy Instamart.
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Blue Dart: Expanded its network with Guwahati added as a direct flying location.
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Ashapuri Gold: Forayed into North-East India’s jewellery market with focus on Kolkata, Odisha, Jharkhand, and Guwahati.
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Lemon Tree Hotels: Signed license agreement for a new resort in Mori Bera, Rajasthan.
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Apeejay Surrendra Park: Launched “Zone Connect by The Park” in Jaisalmer.
Quarterly earnings and financials
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ICICI Prudential Life: Q4 net profit at ₹386 crore vs poll estimate of ₹222 crore; board declared final dividend of ₹0.85 per share.
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IREDA: Net profit stood at ₹502 crore (vs estimate of ₹433 crore); net interest income at ₹758 crore (vs poll ₹677 crore).
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ICICI Lombard: Gross Direct Premium Income for Q4FY25 was ₹6,903.9 crore (up 10.2% YoY); net profit declined 1.9% YoY to ₹509.6 crore.
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Landmark Cars: Q4FY25 revenue at ₹1,525 crore, up 17.3% YoY but down 8.6% QoQ.
Board meetings and corporate actions
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Jeena Seekho: Board meeting on April 21 to consider a stock split.
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Max India: Board to finalize record date, price, and entitlement ratio for a rights issue on April 22.
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Axis Bank, JK Cement: To consider fundraising via debt markets on April 24 and May 24, respectively.
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Trident Life, VTM: Board meets today to consider preferential issue and increase in authorised capital, respectively.
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Wipro, Angel One, RIIL, Swaraj Engines, Waaree Renewables, GTPL: Board meetings today to consider quarterly results.
Management changes and appointments
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Max Financial: Appointed Nishant Kumar Gehlawat as CFO, effective April 30.
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Life Insurance Corporation: Appointed Surendra Singh Chaplot as Executive Director for Business Development & Bima Sakhi.
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Union Bank of India: Appointed Anil Kuril as Chief Information Security Officer, effective April 15.
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Deep Diamond India: CFO Narendra Kumar Shrimali resigned, effective April 16.
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Kesar Enterprises: CFO Rohit Balu resigned, effective April 15.
Strategic developments and investments
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TCS: Andhra Pradesh government allotted 21 acres of land in Visakhapatnam to the company.
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Dabur India: Incorporated a new wholly-owned step-down subsidiary in the UK.
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Race Eco Chain: Invested ₹2.55 crore in subsidiary Ganesha Recycling Chain Pvt Ltd.
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TV Today: Board approved acquisition of an immovable property in Noida.
Sector-specific developments
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FMCG, Agri, 2W Stocks: IMD forecasts above-normal monsoon with 105% rainfall this year.
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Steel Stocks: Government considering safeguard duties on steel imports to counter dumping.
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Pharma Stocks: US President Trump signed an executive order to revamp Medicare drug price rules.
Other updates
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Mazhagon Dock (Mazdock): Stock turns ex-dividend today; ₹3 per share declared.
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Gensol Engineering: SEBI barred promoters for alleged fund diversion and record falsification.
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Mahanagar Gas, Indraprastha Gas, Adani Total Gas: Gas allocations cut by 15–20% effective today, which may impact margins.
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IndusInd Bank: External audit flagged discrepancies in derivative deals, with estimated 2.27% post-tax impact on net worth.
Disclaimer: The above views are of the broker’s and not the author or the publication’s. Please make any and every investment decision after consulting your financial advisor.
