2 weeks Ago
Stocks to watch: Shares of firms like HCL Tech, Waaree Energies, HUL, Tata Power, Vedanta, Paytm, and others will be in focus on Tuesday's trade Stocks To Watch On April 22 : Markets started the week on a strong note, extending last week’s momentum with gains of over one percent. In today’s trade, shares of HCL Tech, Waaree Energies, HUL, Tata Power, and Mahindra Logistics, among others, will be in focus amid Q4 earnings and key corporate developments. HCL Tech, Waaree Energies, Tata Communications Shares of these companies will remain in focus as they are scheduled to announce their Q4 results on Tuesday.
Mahindra Logistics The company posted a 67 per cent year-on-year (YoY) rise in standalone profit after tax (PAT) at Rs 13.12 crore for the March quarter, compared to Rs 7.86 crore in the same period last year.
Tata Investment Corporation The company reported a 38 per cent YoY drop in net profit to Rs 37.7 crore for Q4 FY25. Revenue from operations declined 71 per cent to Rs 16.
4 crore. Steel Stocks All listed steel stocks will be in focus after the government imposed a 12 per cent provisional safeguard duty on certain steel imports to protect the domestic industry. The duty is effective immediately for 200 days, excluding developing countries except China and Vietnam.
Vedanta Twin Star Holdings, a promoter group entity, entered a $530 million facility agreement with Vedanta Resources and Welter Trading as guarantors to address financial obligations within the group. Gandhar Oil Refinery (India) The company signed a non-binding MoU with Jawaharlal Nehru Port Authority to explore terminal development at Vadhvan Port. The Rs 1,000 crore project aims to handle container, bulk, and liquid cargo and support marine services.
Tata Power Tata Power Renewable Energy signed a power purchase agreement with Tata Motors to jointly develop a 131 MW wind-solar hybrid renewable energy project. This brings its cumulative group captive capacity to 1.5 GW.
Mazagon Dock Shipbuilders The Defence Ministry appointed Jagmohan as Managing Director and Chairperson. He has over 25 years of experience in the Indian Navy, including roles in naval design and dockyard operations. Hindustan Unilever HUL completed the acquisition of a 90.
5 per cent stake in Uprising through a combination of primary infusion and secondary purchase for a total cash consideration of Rs 2,706 crore. Brigade Enterprises The company entered into a joint development agreement for a plotted project in Malur, East Bengaluru. Spanning 20 acres, the project is valued at Rs 175 crore with a potential of 0.
45 million sq ft development. HG Infra Engineering The company has been declared a qualified bidder by Gujarat Urja Vikas Nigam for setting up 300 MW/600 MWh of standalone battery energy storage systems, as part of a 500 MW/1000 MWh project. One 97 Communications (Paytm) Paytm Money introduced reduced interest rates and revised brokerage on pay-later offerings.
Flexible interest rates now start at 9.75 per cent per annum, down from 14.99 per cent, aiming to boost investor accessibility.
Coal India Coal India partnered with Damodar Valley Corporation to set up a 2×800 MW coal-fired ultra-supercritical power plant in Jharkhand. DVC is a power utility operating across West Bengal and Jharkhand..
