Top stocks to watch: RIL, Axis Bank, TechM, BHEL, Wipro, RITES, Power Grid, SBI LIfe, IEX & Gensol
Stocks including RIL, Axis Bank, Tech Mahindra, BHEL, Wipro, RITES, Power Grid, SBI Life Insurance, Indian Energy Exchange, and Gensol Engeering will beryllium successful nan spotlight connected Friday, April 25.
Rallis India banal slipped 6.16% to Rs 238.25 connected Thursday against nan erstwhile adjacent of Rs 253.90 connected BSE. Earlier, nan banal opened little astatine Rs 242.10.
Indian benchmark indices snapped nan 7-day winning tally and settled little connected Thursday amid nan volatility owed to April bid expiry and profit booking. BSE Sensex fell 315.06 points, aliases 0.39 per cent to extremity astatine 79,801.43, while NSE's Nifty50 dropped 82.25 points, aliases 0.34 per cent to adjacent astatine 24,246.70. Here are nan stocks that whitethorn stay nether spotlight earlier nan opening doorbell connected Thursday, April 24, 2025:
Q4 results today: Reliance Industries, Maruti Suzuki India, Hindustan Zinc, Shriram Finance, Cholamandalam Investment & Finance Company, Oracle Financial Services Software, Colgate Palmolive, Llyods Metals & Energy, Motilal Oswal Financial Services, L&T Finance and Bank of Maharashtra are among nan companies that will denote their results for nan March 2025 4th today.
Corporate actions today: Shares of Muthoot Finance and Sanofi India will waste and acquisition ex-dividend, while shares of Ami Organics will waste and acquisition ex-split.
Axis Bank: The backstage lender reported a 0.2 per cent YoY autumn successful its nett profit to Rs 7,115.7 crore successful nan March 2025 quarter, while its nett liking income roseate 5.5 per cent YoY to Rs 13,810.5 crore. Gross NPA dropped to 1.28 per cent, while nett NPAs declined to 0.33 per cent.
Power Grid Corporation: The state-run powerfulness company’s subsidiary, POWERGRID Energy Services, has put an 85 MW star PV powerfulness works successful Ujjain, Madhya Pradesh, into commercialized cognition effective April 24.
Tech Mahindra: The IT solutions subordinate reported a 18.7 per cent YoY emergence successful its nett profit astatine Rs 1,166.7 for nan 4th ended connected March 31, 2025. Revenue roseate 0.7 per cent to Rs 13,384 crore. Ebit accrued 4.1 per cent YoY to Rs 1,405.3 crore, while Ebit margins expanded to 10.5 per cent.
Wipro: The exertion services and consulting institution has announced nan motorboat of its GitHub Center of Excellence (CoE) successful Bengaluru, aimed astatine accelerating AI innovation.
SBI Life Insurance Company: The backstage life insurer reported a marginal emergence of 0.3 per cent YoY to Rs 813.5 crore for January-March 2025 period. Its nett premium income fell 5 per cent YoY to Rs 23,860.7 crore, while nett committee grew 17.2 per cent YoY to Rs 997.8 crore for nan quarter.
Bharat Heavy Electricals: The state-run superior equipment awesome reported a insignificant occurrence incident connected a garbage heap astatine its Bhopal unit. The business was promptly attended to by nan CISF occurrence team, pinch further support from municipal occurrence tenders and nan State Disaster Response Fund (SDRF) team. The occurrence was contained wrong nan plantation area, and location was nary damage.
L&T Technology Services: The IT solutions subordinate reported a 3.5 per cent YoY autumn successful its nett profit astatine Rs 311.1 crore, while gross accrued 12.4 per cent YoY to Rs 2,982.4 crore. Ebit dropped 6.6 per cent, while margins fell to 13.2 per cent. The institution declared a last dividend of Rs 38 per stock for nan financial twelvemonth ended March 31, 2025.
RITES: The railways institution has received a activity bid worthy Rs 28 crore from Mahanadi Coalfields (MCL) for elaborate engineering and task guidance consultancy services for nan obstruction connectivity activity related to nan projected Phase-II SILO astatine nan Lakhanpur area of MCL.
Indian Energy Exchange: The inferior bourse reported a 21.1 per cent YoY emergence successful its nett profit astatine Rs 117.1 crore for nan 3 months ended connected March 31, 2025, while gross accrued 17.3 per cent YoY to Rs 142.2 crore for nan period.
Marcrotech Developers: The existent property players nett profit soared 38.4 per cent YoY to Rs 922.8 crore successful Q4FY25, while gross accrued 5.1 per cent to Rs 4,224.3 crore. The institution committee besides announced a last dividend of Rs 4.25 per share.
Container Corporation of India: The railway logistics has signed a memorandum of knowing (MoU) pinch GAIL (India) to create LNG infrastructure astatine various CONCOR terminals crossed India, aimed astatine ensuring uninterrupted LNG substance proviso for CONCOR’s roadworthy proscription requirements.
Cyient: The midcap IT patient reported a 39.3 per cent YoY emergence successful its nett profit astatine Rs 170.4 crore successful nan March 2025 quarter, while its gross fell 0.9 per cent to Rs 1,909.2 crore. The institution committee declared a dividend of Rs 14 per stock for nan shareholders.
Bannari Amman Spinning Mills: The textile company's committee has approved a authorities rumor of 1.50 crore equity shares worthy Rs 40.71 crore, pinch nan rumor value fixed astatine Rs 27 per share. The authorities rumor will unfastened connected May 13 and adjacent connected May 26.
Gujarat Industries Power Company: The smallcap powerfulness procreation institution has commissioned nan first shape of a 25 MW group captive star task retired of a full planned 75 MW astatine Vastan.
Gensol Engineering: The troubled star power firm's promoters Anmol and Puneet Singh Jaggi were detained by Enforcement Directorate (ED) connected Thursday nether nan provisions of nan Foreign Exchange Management Act (FEMA) amid charges of alleged financial misconduct and diversion of funds.
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 25, 2025 7:32 AM IST