Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, appointments and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Tata Consumer Products, LTIMindtree, Astec Lifesciences, Bajaj Housing Finance, 360 ONE WAM, Can Fin Homes, Dalmia Bharat, Den Networks, Gravity India, Maharashtra Scooters, Rallis India, Supreme Petrochem, Syngene International, Thyrocare Technologies, Tamilnad Mercantile Bank, Tata Teleservices (Maharashtra), and Wendt (India) will release quarterly earnings on April 23.

Quarterly Earnings

HCL Technologies Q4 (Consolidated QoQ)

Profit falls 6.2% to Rs 4,307 crore Vs Rs 4,591 crore

Revenue rises 1.2% to Rs 30,246 crore Vs Rs 29,890 crore

Revenue in dollar terms declines 1% to $3,498 million Vs $3,533 million

EBIT declines 6.5% to Rs 5,442 crore Vs Rs 5,821 crore

EBIT margin drops to 18% Vs 19.5%

Board declares an interim dividend of Rs 18 per share for FY25

HCL Technologies FY26 Guidance

Revenue growth expected to be between 2-5% in constant currency

Services revenue growth expected to be between 2-5% in constant currency

EBIT margin expected to be between 18-19%

M&M Financial Services Q4 (Standalone YoY)

Profit slips 9% to Rs 563.1 crore Vs Rs 619 crore

Net interest income increases 9% to Rs 2,156 crore Vs Rs 1,971 crore

Disbursements grows 2% to Rs 15,530 crore Vs Rs 15,292 crore

Gross loan book rises 17% to Rs 1,19,673 crore Vs Rs 1,02,597 crore

Cyient DLM Q4 (Consolidated YoY)

Profit zooms 36.5% to Rs 31 crore Vs Rs 22.7 crore

Revenue grows 18.3% to Rs 428 crore Vs Rs 361.8 crore

Tata Communications Q4 (Consolidated YoY)

Profit spikes 223.6% to Rs 1040.5 crore Vs Rs 321.5 crore

Revenue rises 6.1% to Rs 5,990.4 crore Vs Rs 5,645 crore

Gain on sale of subsidiary at Rs 311.2 crore Vs Nil

Exceptional gain stands at Rs 577.8 crore Vs exceptional loss of Rs 52.11 crore

Board recommends final dividend of Rs 25 per share

Waaree Energies Q4 (Consolidated YoY)

Profit zooms 34.1% to Rs 618.9 crore Vs Rs 461.5 crore

Revenue grows 36.4% to Rs 4,003.9 crore Vs Rs 2,935.8 crore

AU Small Finance Bank Q4 (QoQ)

Profit falls 4.7% to Rs 503.7 crore Vs Rs 528.4 crore

Net interest income rises 3.5% to Rs 2,093.9 crore Vs Rs 2,022.7 crore

Gross NPA drops to 2.28% Vs 2.31%

Net NPA declines to 0.74% Vs 0.91%

Provisions and contingencies jump to Rs 635.1 crore Vs Rs 501.7 crore

Huhtamaki India Q4 (YoY)

Profit rises 0.5% to Rs 26.2 crore Vs Rs 26.03 crore

Revenue falls to Rs 609.9 crore Vs Rs 610.1 crore

Delta Corp Q4 (Consolidated YoY)

Profit surges 127.3% to Rs 164.6 crore Vs Rs 72.4 crore

Revenue declines 1.2% to Rs 182.7 crore Vs Rs 184.9 crore

Exceptional gains increase to Rs 212.14 crore Vs Rs 55.66 crore

Stocks to Watch

Bharti Airtel

The company and its subsidiary, Bharti Hexacom, have entered into definitive agreements with Adani Data Networks, a subsidiary of Adani Enterprises, to acquire rights to use 400 MHz of spectrum in the 26 GHz band across Gujarat, Mumbai, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu, from Adani Data Networks.

360 ONE WAM

The Competition Commission of India (CCI) has approved the acquisition of certain equity shares of Bharti Axa Life Insurance Company by 360 ONE Private Equity Fund (owned by 360 ONE WAM), and the subscription of certain equity shares in Bharti Axa Life by 360 ONE and Bharti Life Ventures.

Bharat Forge

The Competition Commission of India (CCI) has approved the acquisition of 100% equity shareholding of AAM India Manufacturing Corporation by Bharat Forge, with voluntary modifications.

PNC Infratech

The company has been declared the L1 (lowest) bidder for a project worth Rs 239.94 crore—construction of a flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur city, Bharatpur—on EPC mode, awarded by PWD-Rajasthan.

Ashoka Buildcon

The company has received a Letter of Acceptance for a project worth Rs 568.86 crore from Central Railway. The project involves construction of earthwork, major bridges, minor bridges, RUBs, P. Way work, and miscellaneous civil works in connection with gauge conversion work from Pachora to Jamner (excluding Pachora Yard) and road over bridges for Central Railway.

Power Finance Corporation

The company has filed a complaint with the Economic Offences Wing of the police against Gensol Engineering regarding falsification of documents. PFC stated that Rs 307 crore out of Rs 352 crore disbursed to Gensol for EV leasing in 2023 remains unpaid and that it is actively pursuing options to address the situation.

Varun Beverages

The company has commenced commercial production of carbonated soft drinks, juice-based drinks, and packaged drinking water at its production facility in Prayagraj, Uttar Pradesh.

Gokaldas Exports

The company has appointed Jyotsna Shahi as its Chief Marketing Officer, effective April 22.

Ambuja Cements

The company has acquired a 46.66% stake in Orient Cement under the share purchase agreement.

Bulk Deals

RBL Bank

British International Investment Plc has exited RBL Bank by selling its entire 3.82% stake at an average price of Rs 184.74 per share, amounting to Rs 428.57 crore. Unity Associates net sold 88.1 lakh shares in the bank at an average price of Rs 187.39 per share.

Selan Exploration Technology

BNP Paribas Financial Markets bought 78,607 equity shares in Selan Exploration at an average price of Rs 576.8 per share.

Resourceful Automobile

Plutus Capital Management LLP bought 30,000 equity shares at an average price of Rs 59.68 per share.

Stocks Trade Ex-Dividend

CIE Automotive India

Schaeffler India

Elantas Beck India

Stock Trades Ex-Date for Income Distribution RITES

Property Share Investment Trust - Propshare Platina

Stocks in F&O ban

RBL Bank, Manappuram Finance

Stocks removed from F&O ban

Angel One, Hindustan Copper, IREDA, Tata Elxsi