Mumbai, April 21 — Indian equity markets are poised for an energetic start to the week as benchmark indices Sensex and Nifty return to action after a three-day hiatus, following a nearly 2% rally on Thursday. Markets were closed on Friday in observance of Good Friday.
Here’s a comprehensive list of stocks to watch today, as Q4 earnings roll in and strategic developments unfold across sectors:
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HDFC Bank: Reported Q4 earnings above estimates with Net Interest Margin (NIM) on total assets hitting a 7-quarter high at 3.54%. A robust performance continues to reaffirm investor confidence.
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ICICI Bank: Posted Q4 results ahead of expectations, showcasing improved asset quality on a quarter-on-quarter basis.
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Jio Financial: Announced a 2% YoY rise in Q4 net profit and an 18% jump in revenue, reflecting strong momentum in its financial services operations.
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HDFC Life: Q4 performance largely aligned with street estimates. Value of New Business (VNB) margin improved by 40 basis points YoY.
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PSP Projects: Secured a civil work order worth ₹107 crore in Gujarat, indicating a strong project pipeline.
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NIIT Ltd: Acquired a 70% stake in Iamneo, an AI-powered deep skilling SaaS platform, reflecting a strategic push into cutting-edge education technologies.
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Eternal: Board has approved capping foreign shareholding at 49.5%, ensuring compliance and investor alignment.
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Infosys: Declared Q4 results in line with expectations. FY26 constant currency revenue guidance stands at 0–3%, slightly below consensus of 1–4%.
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Tata Elxsi: Reported a 5.3% decline in constant currency revenue growth. Operating margins fell to 23% from 26.3% QoQ.
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Mastek: Surprised the Street with Q4 revenue exceeding estimates; CC revenue growth stood at 2.9% QoQ.
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Just Dial: Q4 revenue edged up 0.7%, while EBITDA margin saw a strong improvement to 29.7% from 20.1% sequentially.
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Divi’s Laboratories: Signed a drug supply agreement and announced capital expenditure of ₹650–700 crore to expand capacity.
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Cipla: Received a Voluntary Action Indicated (VAI) classification from the US FDA for its Goa facility, maintaining regulatory compliance.
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Zydus Lifesciences: Entered into a global licensing pact with Brazil’s Braile Biomedica to commercialize TAVI technology, advancing its cardiovascular portfolio.
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JB Chemicals & Pharmaceuticals: Received US FDA ANDA approval for Bisoprolol tablets, used in hypertension treatment.
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Emcure Pharmaceuticals: The US FDA classified its API manufacturing unit in Taluka, Pune, as VAI and issued an Establishment Inspection Report (EIR).
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BHEL: Posted a 19% YoY growth in FY25 revenue, with order inflows at a significant ₹92,534 crore, underscoring a strong industrial order book.
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JSW Steel: Got relief as the NGT disposed of the case concerning environmental compliance at its Dolvi plant.
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GMR Airports: Reported an 8% YoY rise in March passenger traffic, signaling strong recovery in air travel.
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Shree Cement: Commissioned a new 3.4 MTPA clinker grinding unit in Chhattisgarh, enhancing production capacity.
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Railtel: Bagged a work order worth ₹20 crore from UTI Infrastructure Technology, strengthening its digital infrastructure portfolio.
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Craftsman Automation: Commenced commercial operations at its new plant in Kothavadi, Coimbatore, boosting production capabilities.
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Salasar Techno Engineering: Faces scrutiny as ED conducted searches at residences of the CMD and Joint MD.
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Oberoi Realty: Q4 bookings declined 52%, but FY25 booking value rose 31% YoY, pointing to improved full-year performance.
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ITC Ltd: Set to acquire 24 Mantra Organic for ₹473 crore and the remaining stake in Mother Sparsh for ₹81 crore, expanding its organic and wellness portfolio.
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Kolte Patil Developers: Reported a 7% decline in Q4 sales value and a 6% drop in realisation QoQ, indicating some pressure on sales dynamics.
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Jubilant FoodWorks: Reassured investors as the Chairman was cleared of all allegations, with the closure report accepted by the court.
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Adani Ports: Announced a non-cash acquisition of an Australian port asset. Analysts expect a positive impact on earnings.
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Vedanta Ltd: Received a stay from the Odisha High Court on a ₹71 crore environmental demand, providing temporary relief.
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JK Paper: Strike at the Tapi, Gujarat unit has been called off by a section of trade unions and workers, normalizing operations.
- Gensol Engineering: Sources suggest Eversource Capital may acquire BluSmart, which is under scrutiny by the Ministry of Corporate Affairs (MCA), signaling strategic consolidation in the EV space.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
