02 Apr , 2026 By : Debdeep Gupta
Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, appointments, and order wins, here’s a quick look at which stocks will be in focus in today's trade:
Quarterly and Yearly Business Update
South Indian Bank Q4 (YoY)
Gross advances grow 15.66% to Rs 1.01 lakh crore Vs Rs 87,579 crore
Total deposit soars 14.71% to Rs 1.23 lakh crore Vs Rs 1.07 lakh crore
CASA ratio rises 75 bps to 32.12% Vs 31.37%
CASA increases 17.47% to Rs 39,621 crore Vs Rs 33,730 crore
Indian Bank Q4 (YoY)
Total business jumps 13.1% to Rs 14.98 lakh crore Vs Rs 13.25 lakh crore
Gross advances soar 13.6% to Rs 6.68 lakh crore Vs Rs 5.88 lakh crore
Total deposits zoom 12.6% to Rs 8.30 lakh crore Vs Rs 7.37 lakh crore
CASA ratio falls to 39.86% Vs 40.17%
Karnataka Bank Q4 (YoY)
Total deposits rise 3.8% to Rs 1.08 lakh crore Vs Rs 1.04 lakh crore
Gross advances jump 6.9% to Rs 83,337 crore Vs Rs 77,959 crore
Share of CASA to total deposits increase 190 bps to 33.65% Vs 31.75%
CASA soars 10% to Rs 36,621.16 crore Vs Rs 33,281 crore
Tamilnad Mercantile Bank Q4 (YoY)
Total business grows 17.37% to Rs 1.15 lakh crore Vs Rs 98,055 crore
Advances surge 20.32% to Rs 53,380 crore Vs Rs 44,366 crore
Total deposits jump 14.94% to Rs 61,712 crore Vs Rs 53,689 crore
CASA zooms 22.35% to Rs 17,365 crore Vs Rs 14,193 crore
V-Mart Retail Q4 (YoY)
Total revenue grows 24% to Rs 971 crore Vs Rs 780 crore
Same store sales growth at 12%
Company opened 29 stores, shut 6 stores
Bansal Wire Industries Q4 (YoY)
Total sales volume soars 20.26% to 1.17 lakh MT Vs 97,821 MT
Indian Oil Corporation FY26 (YoY)
Crude throughput of 75.4 MMT, with operational reliability of 99.5%
Sales volume of petroleum products grows 4% to 104.4 MMT Vs 100.3 MMT
Lubes business sales volume rises 15% to 855 MMT
Petrochemicals production volume at 3.4 MMT
Petrochemicals sales volume at 3.22 MMT
Auto Sales Update
Hero MotoCorp (March YoY)
Total sales volume grows 8.8% to 5.98 lakh units Vs 5.49 lakh units
Domestic sales volume rises 8.3% to 5.52 lakh units Vs 5.1 lakh units
Exports jump 15.6% to 45,693 units Vs 39,518 units
Force Motors (March YoY)
Total sales volume grows 13.49% to 4,199 units Vs 3,700 units
Domestic sales volume increases 14.42% to 4,126 units Vs 3,606 units
Exports fall 22.3% to 73 units Vs 94 units
TVS Motor Company (March YoY)
Total sales soar 25% to 5.19 lakh units Vs 4.14 lakh units
Two-wheeler sales grow 25% to 4.98 lakh units Vs 4 lakh units
Electric vehicle sales increase 44% to 38,877 units Vs 26,935 units
Exports zoom 25% to 1.41 lakh units Vs 1.13 lakh units
Three-wheeler sales zoom 46% to 21,224 units Vs 14,567 units
Ola Electric Mobility (March MoM)
Registrations jump 150% to 10,117 units Vs 3,973 units
Monthly Business Update
NMDC (March YoY)
Total iron ore production zooms 50.7% to 5.35 MT Vs 3.55 MT
Total sales grow 40.1% to 5.90 MT Vs 4.21 MT
Mobile Subscribers Addition (February MoM)
Reliance Jio adds 16.24 lakh subscribers Vs 24.37 lakh subscribers
Bharti Airtel adds 48.57 lakh users Vs 44.06 lakh users
Vodafone Idea adds 21,927 subscribers Vs loss of 4.11 lakh users
Stocks to Watch
Wipro
Nagendra Bandaru, who is currently the President and Managing Partner of Technology Services Global Business Lines (GBLs), has been appointed as the Chief Executive Officer of the AI-Native Business & Platforms unit and will continue as a Senior Managerial Personnel (SMP) of the company.
Kanwar Singh will now take over as President and Managing Partner of Technology Services GBLs and will be an SMP of the company.
Suzanne Dann will step down as Chief Executive Officer of the Americas-2 Strategic Market unit to pursue opportunities outside Wipro.
Additionally, the company has launched an AI-Native Business & Platforms unit to complement its services business. The unit will accelerate the development of enterprise-grade agentic AI solutions and enhance outcome-based value creation.
MM Forgings
R. Venkatakrishnan has resigned from the position of Chief Financial Officer (CFO) due to age and health reasons, effective April 1.
Glenmark Pharmaceuticals
Glenmark Pharmaceuticals Inc., USA, has announced that it will manage the end-to-end commercialization and distribution of Ryaltris (Olopatadine Hydrochloride and Mometasone Furoate) Nasal Spray, 665 mcg/25 mcg, in the United States, effective April 1.
Ryaltris was launched in the United States in 2022 and is used for the treatment of symptoms associated with Seasonal Allergic Rhinitis (SAR) in adults and pediatric patients aged 12 years and above.
Prestige Estates Projects
The company has secured a prime land parcel in Sector 92, Gurugram, and entered into a Joint Development Agreement (JDA) for a 17.212-acre land parcel.
The proposed development is expected to have a saleable area of approximately 3 million square feet, with an estimated Gross Development Value (GDV) of around Rs 4,200 crore.
Lupin
The company’s subsidiary, Nanomi BV, Netherlands, has entered into definitive agreements to acquire a 43.38% stake in Multicare Pharmaceuticals Philippines, Inc. (MPPI), a subsidiary of Nanomi, for $39.6 million.
The transaction is expected to be completed by May 2026.
Varun Beverages
The Board has fixed April 8 as the record date for determining the eligibility of equity shareholders to receive a final dividend of Rs 0.50 per share for the financial year ended December 2025.
SBI Cards and Payment Services
Amit Batra has been appointed as EVP & Chief Strategy Officer of the company, effective July 1, 2026.
Hero MotoCorp
The company has completed the acquisition of 2,68,219 Series E cumulative compulsorily convertible preference shares in Euler Motors for Rs 210 crore.
Following this acquisition, the company now holds a 36.67% stake.
InterGlobe Aviation
The company revised fuel charges on domestic and international routes for all new bookings, effective April 2.
The domestic fuel surcharge has been revised to a range of Rs 275–Rs 950 based on distance slabs, while international routes have seen steeper hikes.
Bulk and Block Deals
Bharti Airtel
BNP Paribas Financial Markets has purchased 5.4 lakh shares (0.008% stake) in Bharti Airtel from BofA Securities Europe SA. The shares were exchanged at a price of Rs 1,782, valuing the transaction at Rs 96.22 crore.
TIL - RE
Life Insurance Corporation of India has sold 66,651 rights shares of TIL Ltd at Rs 2.8 per share.
Mainboard Listing
Powerica
Sai Parenteral's
Amir Chand Jagdish Kumar (Exports)
SME Listing
Highness Microelectronics
Stocks Trade Ex-Dividend
Aster DM Healthcare
Chennai Petroleum Corporation
CRISIL
Indian Renewable Energy Development Agency
Sundaram-Clayton
TVS Holdings
Stock Trades Ex-Date for Bonus
B2B Software Technologies
Stock Trades Ex-Date for Split and Bonus
R&B Denims
0 Comment