The Indian stock market is expected to see stock-specific action on Tuesday, April 28, as multiple companies report earnings updates, operational developments, and regulatory changes. Here’s a clear, fact-based look at the key stocks in focus.
Earnings & Business Updates Driving Action
Coal India Limited
Coal India reported a 6% rise in EBITDA, while revenue increased 5.8% YoY, indicating stable operational performance.
Indian Oil Corporation (IOC)
An IOC-led joint venture has made a fresh oil and gas discovery in a Libya block, which may have long-term strategic implications.
UltraTech Cement
The company expects double-digit volume growth in FY27 and plans annual capex of ₹8,000–10,000 crore.
Bajaj Housing Finance
NII rose 15% YoY, while AUM increased 23% YoY, reflecting continued lending growth.
Piramal Finance
AUM grew 25% YoY, with NIM improving to 6.5%, suggesting better profitability metrics.
Rossari Biotech Limited
Reported EBITDA growth of 11% with revenue up 18.2% YoY.
RailTel Corporation of India
Received a Letter of Acceptance (LoA) for a ₹145.5 crore contract from Eastern Coalfields.
City Union Bank
NII jumped 31% YoY. The bank also announced a bonus issue in a 1:3 ratio.
AU Small Finance Bank
Reported 23% growth in NII, with profit rising 65% YoY.
Balaji Amines Limited
Highlighted improving global ammonia supply conditions and gradual production restart.
The Phoenix Mills
EBITDA rose 32%, with margins expanding to 60% from 55% YoY.
Rallis India Limited
Reported narrowing net losses and 6% YoY revenue growth.
Websol Energy System Limited
EBITDA surged 86.4%, though margins declined by 892 basis points YoY.
Canara Robeco Asset Management
Revenue grew 13%, while total AUM rose 3% YoY as of March 31.
Global Health Limited (Medanta)
Expanded its presence in Indore through the takeover of an 80-bed cancer hospital.
Prataap Snacks Limited
EBITDA increased sharply to ₹20 crore from ₹4.3 crore, with margins improving to 4.8%.
Adani Total Gas Limited
EBITDA declined 1.4%, with margins compressing to 19.3% from 20.2% QoQ.
Jindal Stainless Limited (JSL)
Government extended QCO exemption for certain stainless steel grades by six months.
Jindal Saw Limited
EBITDA dropped 35%, with margins falling to 10.4% from 14.6% YoY.
Punjab & Sind Bank
Reported a 13% decline in NII, while net NPA rose slightly QoQ to 0.79%.
AGI Greenpac Limited
EBITDA fell 1%, with margins declining YoY.
Unicommerce eSolutions Limited
EBITDA declined 12.7%, and margins contracted to 13.4%.
Sectoral Trigger
Public Sector Banks (PSBs)
The Reserve Bank of India has issued final Expected Credit Loss (ECL) guidelines, effective April 1, 2027. This may influence provisioning frameworks and earnings visibility over time.