Stocks including HCL Technologies, PFC, Bharti Airtel, M&M Finance, Waaree Energies, AU Small Finance Bank and Varun Beverages will beryllium successful nan spotlight connected Wednesday, April 23.
Retail Investor New Challenge successful Stock Market
Indian benchmark indices extended its gains and posted mild gains connected Tuesday contempt muted antagonistic world cues. BSE Sensex gained 187.09 points, aliases 0.24 per cent to extremity astatine 79,595.59, while NSE's Nifty50 added 41.70 points, aliases 0.17 per cent to extremity astatine 24,167.25. Here are nan stocks that whitethorn stay nether spotlight earlier nan opening doorbell connected Wednesday, April 23, 2025:
Q4 results today: LTIMindTree, Tata Consumer Products, Bajaj Housing Finance, 360 One Wam, Dalmia Bharat, Maharashtra Scooters, Tata Teleservices (Maharashtra), Can Fin Homes, Supreme Petrochem, Tips Music, Tamilnad Mercantile Bank, Syngene International and Rallis India are among nan companies that will denote their results for nan March 2025 4th today.
Corporate actions today: Shares of CIE Automotive India, Elantas Beck India and Schaeffler India shall waste and acquisition ex-dividend today.
HCL Technologies: The IT solutions subordinate reported a 8.05 per cent YoY emergence successful nett profit astatine Rs 4,307 crore successful nan March 2025 quarter, pinch a gross expanding 6.1 per cent YoY to Rs 30,246 crore. Ebit declined 6.5 per cent to Rs 5,442 crore, pinch margins dropping to 18 per cent for nan quarter. The institution committee announced a dividend of Rs 18 per stock for investors.
Bharti Airtel: The telecom institution and its subsidiary, Bharti Hexacom, person entered into definitive agreements pinch Adani Data Networks, a subsidiary of Adani Enterprises, to get authorities to usage 400 MHz of spectrum successful nan 26 GHz set crossed Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu, from Adani Data Networks.
Mahindra & Mahindra Financial Services: The NBFC reported a 9 per cent YoY autumn successful nan nett profit astatine Rs 563.1 crore successful nan March 2025 quarter. Net liking income roseate 9 per cent YoY to Rs 2,156 crore. Its disbursements grew 2 per cent YoY to Rs 15,530 crore, while gross indebtedness book roseate 17 per cent YoY to Rs 1,19,673 crore.
Ambuja Cements: The Adani Group's cement institution has completed nan acquisition of a 46.66 per cent liking successful Orient Cement pursuant to nan stock acquisition agreement.
Tata Communications: The telecom firm's nett profit zoomed 223.6 per cent YoY to Rs 1,040.5 crore, while gross soared 6.1 per cent YoY to Rs 5,990.4 crore successful Q4FY25. Its awesome profit came successful from waste of subsidiaries and exceptional gains for nan quarter. The institution committee commended a last dividend of 25 per share.
Power Finance Corporation: The state-run powerfulness lender has revenge a title pinch nan Economic Offences Wing of nan constabulary against Gensol Engineering regarding falsification of documents. PFC stated that Rs 307 crore retired of Rs 352 crore disbursed to Gensol for EV leasing successful 2023 remains unpaid and that it is actively pursuing options to reside nan situation.
AU Small Finance Bank: The backstage lender posted a 36 per cent YoY nett profit to Rs 503.7 crore successful Q4Y2, while its nett liking income roseate 51 per cent YoY to Rs 2,094 crore, pinch NIMs improving to 5.8 per cent. Its gross NPA dropped to 2.28 per cent, while nan institution committee announced a dividend of Re 1 per share.
Varun Beverages: The PepsiCo vessel has commenced commercialized accumulation of carbonated soft drinks, juice-based drinks, and packaged drinking h2o astatine its accumulation installation successful Prayagraj, Uttar Pradesh.
Waaree Energies: The renewable power player's nett profit soared 34.1 per cent YoY to Rs 618.9 crore successful nan March 2025 quarter, while gross accrued 36.4 per cent to Rs 4,003.9 crore.
Bharat Forge: The Competition Commission of India (CCI) has approved nan acquisition of 100 per cent equity shareholding of AAM India Manufacturing Corporation by Bharat Forge, pinch voluntary modifications.
360 One Wam: The Competition Commission of India (CCI) has approved nan acquisition of definite equity shares of Bharti Axa Life Insurance Company by 360 ONE Private Equity Fund (owned by 360 ONE WAM), and nan subscription of definite equity shares successful Bharti Axa Life by 360 ONE and Bharti Life Ventures.
PNC Infratech: The infra institution has been declared nan L1 (lowest) bidder for a task worthy Rs 239.94 crore—construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha successful Bharatpur city, Bharatpur—on EPC mode, awarded by PWD-Rajasthan.
Ashoka Buildcon: The EPC institution has received a missive of acceptance (LoA) for a task worthy Rs 568.86 crore from Central Railway. The task involves building of earthwork, awesome bridges, insignificant bridges, RUBs, P Way work, and various civilian useful successful relationship pinch gauge conversion activity from Pachora to Jamner and roadworthy complete bridges for Central Railway.
Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.
Published on: Apr 23, 2025 7:35 AM IST