The Indian stock market could open on a negative note today (Friday, April 11), as indicated by Gift Nifty. At 8:27 AM, Gift Nifty was seen trading at 22,934, down 0.48%.
The Indian stock market may open on a subdued note today, Friday, April 11, as suggested by early cues from Gift Nifty. At 8:27 AM, Gift Nifty was trading at 22,934, down 0.48%, hinting at a potentially negative start for benchmark indices.
Here are the top stocks to watch today based on corporate updates:
Tata Steel
The company has initiated a transformation program for its Netherlands business, targeting €500 million in savings starting from the second half of FY26.
Infosys
Infosys has entered into a strategic collaboration with Allied Irish Banks (AIB) to drive digital transformation initiatives.
Sun Pharma
A U.S. court has lifted the injunction on the launch of its drug for alopecia areata, potentially opening up new revenue avenues.
BHEL
Bharat Heavy Electricals Limited signed a Memorandum of Understanding with Nuovo Pignone International for compressor revamp opportunities.
Aurobindo Pharma
The company reported positive Phase 1 clinical trial results for its Denosumab biosimilar, used to treat osteoporosis.
Biocon
Biocon has received U.S. FDA approval for Jobevne, an oncology biosimilar targeting a $2 billion market in the U.S.
Gold Loan Companies
The Reserve Bank of India has released draft guidelines on gold loans, proposing a cap on the loan-to-value (LTV) ratio at 75%.
SAMIL
Samvardhana Motherson International Limited has initiated cost optimization measures in its Central and Western Europe operations.
NBCC
The firm has sold 1,185 apartments in a Greater Noida project, generating revenue of ₹1,505 crore.
SRF
The final phase of its agrochemical capacity expansion at Dahej has been completed with an investment of ₹239 crore.
Hindustan Copper
Ore production has resumed at the Kolihan Copper Mine in Rajasthan.
United Spirits (USL)
The total service tax demand against the company has been reduced from ₹528 crore to ₹1 crore.
Adani Energy
The company added 140 ckm in Q4, with total units sold in its distribution business rising by 8% YoY.
Greaves Cotton
Greaves Cotton has partnered with Chara Technologies to explore rare-earth-free motor technology.
Dishman Carbogen
An arm of the company has secured a drug manufacturing license in China.
Olectra Greentech
The company has received a Letter of Award to supply 297 electric buses to the Himachal Pradesh government, with the order valued at ₹424 crore.
Cyient DLM
The company is expanding its relationship with Deutsche Aircraft to supply cabin management systems.
Onesource
Onesource has received approval from Brazil’s health agency for its flagship Unit 2.
TCS
Tata Consultancy Services posted a subdued quarterly result with margins slipping 30 basis points quarter-on-quarter, slightly below market estimates.
Indus Towers
Bharti Hexacom has halted its tower sale to Indus Towers after shareholder TCIL, a government PSU, opposed the deal.
Ola Electric
Sources indicate that the Ministry of Road Transport and Highways is not fully satisfied with Ola Electric’s response regarding its February sales figures.
Anand Rathi
The firm has reported Q4 revenue down 6% QoQ, with its FY25 guidance falling short of earlier projections.
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