Indian benchmark indices, Sensex and Nifty50, are expected to open on a positive note today, supported by improving geopolitical sentiment as the India-Pakistan understanding remains intact. Here’s a look at key stocks likely to remain in focus:
Key Stocks to Watch
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SBI, Yes Bank: State Bank of India and a group of banks are set to sell a 20% stake in Yes Bank to Sumitomo Mitsui Banking Corporation.
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Adani Power: Received a Letter of Award from Uttar Pradesh Power Corporation to supply 1,500 MW of electricity.
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BEML: Allotted approximately 148 acres of land by the Madhya Pradesh government.
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Prestige Estates: Announced a joint development agreement with Arihant for real estate projects in Chennai.
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Puravankara: Formed a joint venture for 24.59-acre land in Bengaluru with an estimated gross development value (GDV) of ₹3,300 crore.
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Birla Corporation: Reported better-than-expected Q4 results with a 7% quarter-on-quarter rise in realizations.
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Solara Active Pharma: Received Form 483 with zero observations from the US FDA for its Ambernath manufacturing facility.
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Novartis India: Posted a year-on-year revenue growth of 3%; operating margin improved to 28.5% from 14.2%.
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CE Info Systems: Reported a 46% increase in EBITDA and a 34.2% YoY rise in revenue.
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Atul Auto: EBITDA increased 14.5%, while revenue grew 31.9% YoY.
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Eveready Industries: EBITDA rose 2.4% YoY, with a slight margin decline to 8.6% from 9%.
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Aarti Pharma: Reported 24% growth in EBITDA, with operating margin rising to 25.8% from 23.2%.
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Triveni Turbines: Posted 34% YoY growth in EBITDA; margin improved to 22.4% from 19.6%.
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Borosil Renewables: Turned EBITDA positive; revenue increased 32% YoY.
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Pharma: “To sign an exec order to reduce drug prices,” Trump on Truth Social
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Manappuram Finance: NII declined 3% YoY; other expenses rose 21%.
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ABB India: Q1CY25 results missed estimates, though EBITDA margin improved by 8 basis points YoY.
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Thermax: Q4 earnings fell below expectations, citing soft growth in industrial infrastructure and green solutions.
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Glenmark: The US FDA classified its Indore manufacturing facility as “Official Action Indicated”.
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Bank of India: Net interest margin declined to 2.61% from 2.80% QoQ; net NPA rose to 1.22% from 0.85%.
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Navin Fluorine: Reported results in line with estimates; margin rose by 720 basis points YoY.
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Swiggy: Reported overall EBITDA pressure, primarily due to losses in its quick-commerce business.
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GE Shipping: Revenue declined 18.3%, while profit dropped 60% YoY.
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Electrosteel Castings: Reported a 48.7% decline in EBITDA; margin dropped to 9.45% from 15.5%.
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Apollo Pipes: EBITDA fell 2%; operating margin decreased to 7.65% from 9.62%.
