Indian benchmark indices ended their seven-session winning streak on Thursday. The BSE Sensex closed 315.06 points lower at 79,801.43, down 0.39%, while the NSE Nifty50 settled 82.25 points lower at 24,246.70, a decline of 0.34%.
Today, several stocks across sectors are expected to remain in focus.
Key Q4 Earnings Highlights
SBI Life Insurance
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Total Annualized Premium Equivalent (APE) grew 2.2% YoY to ₹5,450 crore from ₹5,330 crore.
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Value of New Business (VNB) margin improved to 30.5% from 28.3% YoY.
Tech Mahindra
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Revenue increased 0.7% QoQ to ₹13,384 crore, up from ₹13,285.6 crore.
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Operating margin stood at 10.3%, slightly up from 10.2% in the previous quarter.
Axis Bank
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Reported Q4 net profit of ₹7,117.5 crore, beating CNBC-TV18 poll estimates of ₹6,752.7 crore.
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Net Interest Income (NII) stood at ₹13,811 crore, compared to an estimate of ₹13,792 crore.
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The board approved raising up to ₹20,000 crore via equity issuance.
L&T Technology Services (L&T Tech)
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Revenue in USD terms came in at $345.1 million, below the CNBC-TV18 poll estimate of $352.9 million.
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Revenue grew 10.6% YoY in USD terms.
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Margin declined to 13.2% from 15.9% QoQ.
Shriram Housing Finance
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Net profit rose 60% YoY to ₹99.2 crore from ₹62 crore.
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NII increased by 52.1% YoY to ₹294.7 crore from ₹193.8 crore.
Macrotech Developers
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Net profit grew 38.5% YoY to ₹921.7 crore from ₹665.5 crore.
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Margins improved to 28.9% from 26.1% YoY.
SBI Cards
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Reported net profit declined 19.4% YoY to ₹534.2 crore, down from ₹662.4 crore.
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Gross NPA ratio stood at 3.08% as of March 31, 2025, compared to 2.76% last year.
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Net NPA ratio rose to 1.46% from 0.99% YoY.
Corporate Developments
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Container Corporation of India (CONCOR) signed an MoU with GAIL to develop LNG infrastructure at CONCOR terminals across India.
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Power Grid Corporation commissioned an 85 MW solar PV plant in Nagda, Ujjain, through its subsidiary.
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Gujarat Industries Power Company commissioned the first phase of its 25 MW group captive solar project at Vastan, as part of a larger 75 MW development.
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