The Indian stock market closed nearly flat on Tuesday, pausing its recent upward trend. The BSE Sensex rose by 70.01 points to settle at 80,288.38, while the NSE Nifty50 gained 7.45 points to end the session at 24,335.95.
On Wednesday, April 30, several stocks will likely remain in focus today based on company developments and quarterly earnings announcements.
Stocks to Watch on April 30, 2025:
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SBI (State Bank of India): The board will consider a fund-raising proposal on May 3.
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BPCL: Reported strong Q4 results driven by refining operations, with Gross Refining Margins (GRM) above estimates at $9.20 per barrel.
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IndiaMart: Reported a margin improvement to 36.70% from 28.10% YoY, with revenue growth of 12.80%.
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Alembic Pharmaceuticals: Received an Establishment Inspection Report (EIR) from the US FDA for its Panelav manufacturing facility.
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CEAT: Q4 results exceeded estimates, though margins contracted year-on-year due to higher input costs.
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Prestige Estates: Secured RERA approval for a residential project in the NCR region, with a Gross Development Value (GDV) of ₹9,000 crore.
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Vishal Megamart: Revenue growth remained consistent with past performance; margins improved by 190 basis points YoY.
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Endurance Technologies: Announced plans to establish a lithium-ion battery pack unit in Pune with an investment of ₹47.3 crore.
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Schaeffler India: Q4 margin improved to 18.15% from 17.6% YoY, with EBITDA rising 19%.
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Fedbank Financial Services: Net profit increased 5.90%, while Net Interest Income (NII) rose 34.6% YoY.
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Inox Green Energy: Signed an agreement for operations and maintenance (O&M) of 675 MWp of solar projects.
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Bajaj Finance: Q4 performance missed estimates; the company issued a weak FY26 guidance and announced a 4-for-1 bonus share issue.
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Bajaj Finserv: Reported a 9.65% drop in total premium; gross written premium declined 12.80% YoY.
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IndusInd Bank: MD & CEO Sumanth Kathpalia resigned; RBI approved the formation of a committee of executives.
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Star Health: Reported an operating loss compared to a profit in the previous year; combined ratio increased by 642 bps YoY.
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Five Star Finance: Gross NPA ratio rose to 1.79% from 1.62%; disbursements grew by 9.24% YoY.
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Praj Industries: Missed expectations across key financial metrics; margins declined by 424 bps YoY.
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CIE Automotive: EBITDA dropped 7%, while revenue fell by 6.4% YoY.
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Shoppers Stop: Reported muted revenue and EBITDA growth; margins remained flat at 16% 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.
