22 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, appointments and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Results Today
HCL Technologies, Mahindra & Mahindra Financial Services, Tata Communications, Havells India, AU Small Finance Bank, Waaree Energies, Cyient DLM, Delta Corp, Hathway Cable & Datacom, Choice International, Huhtamaki India, and Vardhman Special Steels will announce their quarterly earnings on April 22.
Quarterly Earnings
Rajratan Global Wire Q4 (Consolidated YoY)
Profit sinks 25% to Rs 15.2 crore Vs Rs 20.25 crore
Revenue rises 4.9% to Rs 251.4 crore Vs Rs 239.6 crore
Alok Industries Q4 (Consolidated YoY)
Loss narrows to Rs 74.5 crore Vs loss of Rs 215.9 crore
Revenue declines 35.1% to Rs 953 crore Vs Rs 1,469.3 crore
Anil Kumar Mungad resigns as Chief Financial Officer of the company, effective April 29
Tata Investment Corporation Q4 (Consolidated YoY)
Profit plunges 37.6% to Rs 37.7 crore Vs Rs 60.5 crore
Revenue drops 71.2% to Rs 16.4 crore Vs Rs 57.1 crore
Board recommends a dividend of Rs 27 per share
Anant Raj Q4 (Consolidated YoY)
Profit zooms 51.5% to Rs 118.6 crore Vs Rs 78.3 crore
Revenue grows 22.2% to Rs 540.7 crore Vs Rs 442.6 crore
Himadri Speciality Chemical Q4 (Consolidated YoY)
Profit jumps 35.1% to Rs 155.6 crore Vs Rs 115.2 crore
Revenue falls 3.6% to Rs 1,134.6 crore Vs Rs 1,177 crore
Board approves acquisition of 100% stake in Elixir Carbo for Rs 7.5 crore in cash
Pitti Engineering Q4 (Consolidated YoY)
Profit sinks 21.4% to Rs 36.1 crore Vs Rs 46 crore
Revenue surges 39.6% to Rs 468.8 crore Vs Rs 335.9 crore
Mahindra Logistics Q4 (Consolidated YoY)
Net loss narrows to Rs 6.75 crore Vs loss of Rs 12.85 crore
Revenue increases 8.2% to Rs 1,569.5 crore Vs Rs 1,450.8 crore
Hemant Sikka, President of farm equipment business, to be Managing Director & CEO (Designate) of Mahindra Logistics
Rampraveen Swaminathan resigns as Managing Director and Chief Executive Officer of the company
Stocks to Watch
Vedanta
Promoter entity Twin Star Holdings (borrower) has signed a Facility Agreement for $530 million with lenders. Vedanta Resources and Welter Trading are guarantors to the agreement. The Facility Agreement has been entered into for the purpose of servicing the financial indebtedness of the VRL Group, covering transaction expenses contemplated under the finance documents and for general corporate purposes of the borrower. Twin Star Holdings is a related party of Vedanta and is classified as a member of the promoter group, holding 40.02% of shares in Vedanta.
Tata Power Company
The company’s renewable energy subsidiary, Tata Power Renewable Energy (TPREL), has signed a Power Purchase Agreement (PPA) to co-develop a 131 MW wind-solar hybrid renewable energy project.
Hindustan Unilever
The company has completed the acquisition of 90.5% shareholding in Uprising through a combination of primary infusion and secondary acquisition for a total cash consideration of Rs 2,706.4 crore.
HG Infra Engineering
HG Infra has been declared a qualified bidder by Gujarat Urja Vikas Nigam for 300 MW/600 MWh (out of the total project capacity of 500 MW/1000 MWh) for the setting up of standalone battery energy storage systems in Gujarat.
Gandhar Oil Refinery (India)
The company has signed a non-binding Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to participate at Vadhvan Port for the development of a terminal for handling containers, bulk, and liquid cargo and to create supporting infrastructure. The estimated investment for the project is approximately Rs 1,000 crore, with operations expected to commence in 2030.
One 97 Communications (Paytm)
The company’s subsidiary, Paytm Money, has announced new cost-effective interest rates and a revised brokerage structure for its recently launched Pay Later (MTF - Margin Trading Facility) offering. The platform aims to enhance affordability for both retail and high-value investors.
Nureca
The company has received formal approval from the Government of Punjab, Department of Industries & Commerce (Invest Punjab), for the establishment of a new manufacturing facility in Sundra, SAS Nagar, Punjab. The unit will focus on the manufacturing of health and wellness equipment.
Coal India
The company has signed a non-binding Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC) to set up a 2×800 MW coal-fired ultra supercritical power plant in Jharkhand. DVC is a power generator operating in West Bengal and Jharkhand.
Brigade Enterprises
The company has signed a Joint Development Agreement for a plotted development project in Malur, East Bengaluru, spanning approximately 20 acres. The project's gross development value is around Rs 175 crore, with a total development potential of 0.45 million square feet.
Gujarat Alkalies and Chemicals
The company has dispatched its first Benzyl Chloride consignment from its new Dahej plant. The company has established a 30,000 TPA Chlorotoluene plant at Dahej with an estimated project cost of Rs 350 crore.
Mazagon Dock Shipbuilders
Capt (IN Retd) Jagmohan has been appointed as Chairman & Managing Director on the Board of the company, effective April 21 until his superannuation on September 30, 2029. As a result, Biju George, Director (Shipbuilding), ceased to hold the additional charge of Chairman & Managing Director, effective April 21.
Stock Trades Ex-Date for Amalgamation
Rane Engine Valve, Rane Brake Lining
Stocks in F&O ban
Tata Elxsi, Angel One, Hindustan Copper, IREDA, Manappuram Finance
Stocks removed from F&O ban
National Aluminium Company
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