Indian benchmark indices ended higher on Wednesday, April 23. The BSE Sensex rose 520.90 points, or 0.65%, to settle at 80,116.49, while the NSE Nifty50 gained 161.70 points, or 0.67%, to close at 24,328.95. As markets prepare for Thursday’s session, several stocks are expected to be in focus due to key corporate announcements and earnings updates.
Stocks to Watch on April 24, 2025:
Tata Consumer Products:
The company reported Q4 results largely in line with expectations. Its foods business recorded a 17% year-on-year growth in organic revenue.
Bajaj Finance:
The board is scheduled to meet on April 29 to consider an interim dividend, stock split, and a potential bonus issue.
LTIMindtree:
The company posted flat EBIT margins for the quarter but expressed confidence in growth for Q1 FY26.
Biocon:
The board approved fundraising of up to ₹4,500 crore via Non-Convertible Debentures (NCDs) and Qualified Institutional Placement (QIP).
Dalmia Bharat:
Q4 results were largely in line with estimates. Margins improved to 19.40% compared to 15.20% in the same quarter last year.
Persistent Systems:
Reported above-estimate constant currency revenue growth. The company is optimistic about reaching $2 billion in revenue by FY27.
Can Fin Homes:
Net Interest Margin (NIM) rose to a four-quarter high of 3.82%. Disbursements were up 6.10% YoY and 30.65% QoQ.
Adani Green Energy:
Signed a 1,250 MW Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation for power supply from its hydro project.
Samhi Hotels:
Confirmed reports that GIC will acquire a 35% stake in three subsidiaries for ₹752 crore.
Thyrocare Technologies:
EBITDA rose 73%. Margin increased to 30.70% from 21.55% YoY.
Bajaj Housing Finance:
Q4 results fell short of estimates. Assets Under Management (AUM) rose 25.50% YoY and 5.90% QoQ.
Spandana Sphoorty Financial:
Managing Director Shalabh Saxena has resigned.
Syngene International:
Q4 revenue missed estimates. The company gave a mid single-digit growth guidance for FY26.
Rallis India:
Revenue declined by 1.40%. The company posted an EBITDA loss of ₹20 crore compared to an EBITDA of ₹6 crore in the same period last year.
Supreme Petrochem:
EBITDA fell 17.40%. Margin declined to 9.40% from 11.20% YoY.
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.
