Top stocks to watch today, April 28: RBL Bank, Mahindra & Mahindra, Reliance Industries, Tata Technologies and more

Indian share markets experienced sharp fluctuations on Friday, April 26, 2025, with the BSE Sensex and Nifty50 posting significant losses. By the end of the session, BSE Sensex closed at 79,212.53, down 589 points or 0.74%, and Nifty50 ended at 24,039.35, down 207 points or 0.86%.

Today, April 28, several stocks across sectors are expected to be in focus based on recent financial updates and corporate developments.

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Quarterly Results Highlights

RBL Bank (Q4 FY25)

  • Net Profit declined 80.5% YoY to ₹68.7 crore from ₹352.6 crore.

  • Net Interest Income (NII) fell 2.3% YoY to ₹1,563 crore.

DCB Bank (Q4 FY25)

  • Net Profit grew 13.7% YoY to ₹177 crore.

  • NII increased 9.9% YoY to ₹558 crore.

Tata Technologies (Q4 FY25)

  • Net Profit rose 20.2% YoY to ₹188.9 crore.

  • Revenue decreased 1.2% YoY to ₹1,285.7 crore.

Mahindra Holidays (Q4 FY25)

  • Net Profit dropped 11.4% YoY to ₹73 crore.

  • Revenue declined 2.7% YoY to ₹778.8 crore.

Poonawalla Fincorp (Q4 FY25)

  • Net Profit declined 81.2% YoY to ₹62.3 crore.

  • NII improved 11.7% YoY to ₹707.9 crore.

Lloyds Metals (Q4 FY25)

  • Net Profit fell 27% YoY to ₹202 crore.

  • Revenue dropped 23.2% YoY to ₹1,193 crore.

Force Motors (Q4 FY25)

  • Net Profit surged to ₹434.7 crore from ₹140.3 crore YoY.

  • Revenue increased 17.1% YoY to ₹2,356 crore.

L&T Finance (Q4 FY25)

  • Net Profit rose 14.9% YoY to ₹636.2 crore.

  • NII grew 3.8% YoY to ₹2,423.2 crore.

Tejas Networks (Q4 FY25)

  • Reported a Net Loss of ₹71.8 crore, compared to a Profit of ₹146.8 crore YoY.

  • Revenue increased 43.7% YoY to ₹1,906.9 crore.

Zensar Technologies (Q4 FY25)

  • Net Profit grew 1.8% YoY to ₹176.4 crore.

  • Revenue rose 10.5% YoY to ₹1,359 crore.

Rossari Biotech (Q4 FY25)

  • Net Profit increased 0.9% YoY to ₹34.4 crore.

  • Revenue grew 22.6% YoY to ₹579.6 crore.

Reliance Industries (Q4 FY25)

  • Consolidated Net Profit stood at ₹19,407 crore compared to ₹18,951 crore YoY.

  • Consolidated Revenue rose to ₹2.61 lakh crore from ₹2.36 lakh crore YoY.

  • Consolidated EBITDA reached ₹43,832 crore.

  • EBITDA Margin declined to 16.8% from 18% YoY.

IDFC First Bank (Q4 FY25)

  • Net Profit declined 58% YoY to ₹304.1 crore.

  • NII grew 9.8% YoY to ₹4,907.1 crore.

Corporate Developments

  • Axis Bank: Deputy Managing Director Rajiv Anand will retire on August 3, 2025.

  • GAIL and CONCOR: Signed an MoU to explore LNG adoption as an alternative fuel in logistics.

  • NRB Bearings: Announced ₹200 crore investment for R&D and capacity expansion at Waluj and Hyderabad plants.

  • Vodafone Idea: Block deal involving Nokia (seller) and Goldman Sachs (buyer) with 103 crore shares worth ₹786 crore changing hands at ₹7.65 per share.

  • Mahindra & Mahindra: To acquire a 58.96% stake in SML Isuzu for ₹555 crore.

  • JSW Steel: Its subsidiary, JSW Steel Coated Products, has been declared the successful resolution applicant for Colour Roof India, subject to NCLT approval.

  • RailTel Corporation: Received a work order worth ₹90 crore from the Institute of Road Transport.

Logistics Sector Update

  • Allcargo Logistics (March 2025 update):

    • LCL volume up 19.9% MoM, down 2% YoY.

    • FCL volume up 14% MoM, up 1% 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.