07 Apr , 2025 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Quarterly Earnings (Provisional Updates)
IndusInd Bank Q4 (YoY)
Net advances grow 1.4% to Rs 3.47 lakh crore Vs Rs 3.43 lakh crore
Deposits increase 6.8% to Rs 4.11 lakh crore Vs Rs 3.84 lakh crore
CASA ratio drops to 32.8% Vs 37.9%
FSN E-Commerce Ventures (Nykaa) Q4
Consolidated net revenue growth expected to be in the low to mid-twenties (YoY)
The GMV (gross merchandise value) growth for the beauty vertical is expected to remain significantly ahead of the industry at the low thirties
GMV growth for the fashion vertical is expected to be in the high teens, with sequential improvement in the core platform business
Bajaj Housing Finance Q4 (YoY)
Gross disbursement jumps 25.1% to 14,250 crore vs Rs 11,393 crore
Assets under management grew by 26% to Rs 1.14 lakh crore as of March 2025, Vs Rs 91,370 crore as of March 2024
Assets under management in Q4 grew by approximately Rs 6,365 crore
Loan assets stood at Rs 99,500 crore as of March 2025 compared to Rs 79,301 crore as of March 2024
Indian Bank Q4 (YoY)
Total business grows 8.4% to Rs 13.25 lakh crore Vs Rs 12.22 crore
Total deposits increase 7.1% to Rs 7.37 lakh crore Vs Rs 6.88 lakh crore
Gross advances rise 10.1% to Rs 5.88 lakh crore vs Rs 5.34 lakh crore
Stocks To Watch
AstraZeneca Pharma India
The company has received permission from the Central Drugs Standard Control Organization to import, for sale and distribution, Osimertinib tablets 40 mg & 80 mg (TAGRISSO) for an additional indication. Osimertinib is used to treat non-small cell lung cancer (NSCLC) in patients who have certain types of abnormal EGFR (epidermal growth factor receptor) genes.
Godrej Properties
The real estate developer has entered into an agreement for the development of a prime land parcel in Versova, Mumbai, with an estimated developable potential of 4.4 lakh square feet of saleable area and an estimated revenue potential of Rs 1,350 crore.
Tata Motors
Jaguar Land Rover said it would pause shipments to the US in April in the wake of President Trump’s tariffs.
Mazagon Dock Shipbuilders
The Government of India has decided to exercise the oversubscription option to the extent of 47.69 lakh shares (1.18% stake) in the offer-for-sale issue of Mazagon Dock on April 7. This is in addition to the base issue size of 1.14 crore shares (2.83% stake). Retail investors will get a chance to bid for the offer-for-sale issue on April 7.
ITC
The company has acquired 2.62 lakh equity shares of Ample Foods for Rs 131 crore. With this, the company’s shareholding in Ample Foods aggregates to 43.75% of its share capital.
Puravankara
The company's subsidiary, Starworth Infrastructure and Construction, has received a Letter of Intent (LOI) from Ranka Properties for a project—Ranka Ankura—worth Rs 118.63 crore.
Tata Steel
The company has received an order from the Assessing Officer to reassess taxable income for the financial year 2018-19 and increase the taxable amount by Rs 25,185.51 crore (a debt that was waived off in favour of Tata Steel BSL). The company has moved the Bombay High Court against the reassessment. In May 2018, Tata Steel, through its wholly owned subsidiary Bamnipal Steel, had acquired the erstwhile Bhushan Steel (renamed as Tata Steel BSL) under the resolution process of the Insolvency and Bankruptcy Code. The company believes that the waiver of debt cannot be treated as taxable income in the hands of Tata Steel BSL.
Yes Bank
Dhavan Shah, the Country Head of SME Banking, and Akshay Sapru, the Country Head of Private Banking & Liabilities Products & Spectrum Banking Business, have quit Yes Bank, which may lead to a portfolio reshuffle among senior executives at the bank, reports CNBC-TV18, citing sources.
Federal Bank
Shalini Warrier has resigned as Executive Director of the company. The Board decided to relieve her on any date between May 15 and May 31.
Bajel Projects
The Board has appointed Nitesh Bhandari as Chief Financial Officer and Joint President of the company, effective May 1.
TVS Motor Company
The company is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility’s assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world’s fastest-growing regions for motorbike usage, offering a significant opportunity for expansion.
Biocon
The Board has approved the issuance of commercial papers up to Rs 600 crore in one or more tranches on a private placement basis.
Force Motors
Total sales in March 2025 increased by 0.87% to 3,700 units compared to 3,668 units in March 2024. Domestic sales grew by 11.02% YoY to 3,606 units; however, exports fell by 77.62% to 94 units in March.
Larsen & Toubro
The company's subsidiary, L&T Energy Green Tech, has incorporated a new wholly owned subsidiary—L&T Green Energy Kandla (LTGEK)—for the development of green hydrogen and its derivatives.
Motilal Oswal Financial Services
The Dubai International Financial Centre (DIFC) has approved the incorporation of Motilal Oswal International Wealth Management (MOIWML), the wholly owned step-down subsidiary of Motilal Oswal Financial Services. MOIWML will engage in arranging investment deals, advising on financial products, and arranging custody.
Bulk Deals
Balaxi Pharma
EBISU Global Opportunities Fund sold 2.98 lakh shares in the company at an average price of Rs 67.5 per share.
Praxis Home Retail
India Opportunities Growth Fund Ltd—Pinewood Strategy bought 12 lakh shares in the company from Sapiens Alpha Growth Fund at an average price of Rs 10.1 per share.
Stock Trades Ex-Date for Split
Pervasive Commodities
Stock Trades Ex-Date for Spin-Off
Siemens
Stocks F&O ban
Birlasoft, Hindustan Copper
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