2 weeks Ago
Stocks to watch: Shares of firms like LTIMindtree, HUL, Axis Bank, Nestle, Gensol, Bajaj Housing Finance, and others will be in focus on Thursday's trade Stocks To Watch On April 24: Domestic equity markets remained volatile on April 23 but closed higher, continuing their upward trend. On April 24, several stocks are expected to be in focus due to earnings announcements and key developments: HUL, Axis Bank, Tech Mahindra, Nestle, SBI Life These companies are set to report their Q4 results today, drawing investor attention. LTIMindtree The IT firm posted weaker-than-expected Q4 earnings, with revenue rising 1.
1% QoQ to Rs 9,771.7 crore—below Bloomberg’s estimate of Rs 9,868 crore. Profit also fell short amid cautious client spending due to geopolitical and macroeconomic pressures.
Tata Consumer Products Q4 net profit surged 59.2% YoY to Rs 344.85 crore, exceeding estimates.
Revenue rose 17.4% to Rs 4,608.2 crore.
EBIT stood at Rs 620.8 crore. Bajaj Housing Finance Q4 net profit rose 54% YoY to Rs 587 crore, while net interest income increased 31% to Rs 823 crore.
FY25 net profit rose 25% to Rs 2,163 crore. Can Fin Homes Reported Q4 net profit of Rs 234 crore, up 11.9% YoY.
The company declared a final dividend of Rs 6 per share, totaling Rs 12 for FY25. Gensol Engineering ICAI’s Financial Reporting Review Board has launched a suo moto probe into Gensol and affiliate BluSmart Mobility’s FY24 financials over alleged irregularities. NPCIL & MEIL NPCIL awarded a Rs 12,800 crore EPC contract to MEIL for constructing two 700 MWe nuclear reactors in Karnataka—its largest-ever contract and MEIL’s entry into nuclear energy.
Vedanta Parent Vedanta Resources is considering a potential US listing for its Zambian subsidiary Konkola Copper Mines to raise $1 billion for mine development. Adani Green Energy Signed a power purchase agreement with Uttar Pradesh Power Corporation to provide 1,250 MW of storage from pumped hydro projects. BPCL Entered a JV with GPS Renewables to build Compressed Biogas (CBG) plants, utilizing waste-to-energy tech to generate eco-friendly fuel.
Niva Bupa Health Insurance IRDAI has approved the reappointment of Krishnan Ramachandran as CEO & MD for another five years..
