Stocks to watch: The equity market is expected to open in the red on Wednesday, April 22. The GIFT NIFTY futures suggest that the NIFTY50 index will open 139 points lower.
Here is a list of stocks that may remain in focus today.
Earnings today: Over 15 companies are slated to announce their March quarter (Q4 FY26) earnings today. The list includes names such as SBI Life Insurance Company, Trent, Tech Mahindra, Havells India, Oracle Financial Services Software (OFSS), Tata Communications, Bharat Coking Coal, LT Technology Services, and Maharashtra Scooters, among others.
Tata Elxsi: Tata Elxsi, on Tuesday, April 21, while announcing its financial results for the quarter ended March 31, 2026 (Q4 FY26) as well as the full fiscal year 2025-26, said that its Board of Directors has recommended a final dividend of 750%, i.e., ₹75 per equity share of par value of ₹10 each, for the financial year ending March 31, 2026.
Manoj Raghavan, CEO and Managing Director, Tata Elxsi, commenting on the company’s performance in the fourth quarter of FY ’26, said, ‘For the fourth quarter of FY ’26, Tata Elxsi reported operating revenue of ₹993.8 crore and a PBT margin at 25.6%. We ended FY ’26 with a revenue of ₹3,757.4 crore and a PBT margin of 23.4%.”
Reliance Power: According to a PTI report, the Economic Offences Wing (EOW) of the Delhi Police has arrested the chief financial officer (CFO) of Reliance Power Limited and two others for allegedly preparing and using forged bank guarantees worth over ₹136 crore to secure a tender from the Solar Energy Corporation of India (SECI).
The accused have been identified as Ashok Kumar Pal (50), CFO of Reliance Power Ltd; Partha Sarthi Biswal (54), managing director of Odisha-based Biswal Tradelink Pvt Ltd; and Amarnath Dutta (50), a resident of Kolkata, the EOW said in a statement.
Sunteck Realty: Sunteck Realty Ltd on Tuesday reported a 27% increase in consolidated net profit to ₹63.75 crore in the March quarter of the last fiscal year.
Its net profit stood at ₹50.38 crore in the year-ago period. Total income rose to ₹348.88 crore during the January-March quarter of the last fiscal from Rs 217.83 crore in the corresponding period of the preceding year, according to a regulatory filing.
During the full 2025-26 fiscal year, the company’s net profit rose to ₹204.36 crore from ₹150.31 crore in the preceding financial year.
The total income increased to ₹1,168.62 crore in the last fiscal year from ₹902.67 crore in the 2024-25 fiscal year.
HDFC Life Insurance: HDFC Life Insurance on Tuesday said the company has approved the extension of Vibha Padalkar as the managing director & chief executive officer for a period of five years.
The extension is based on the recommendation of the Nomination and Remuneration Committee; the board, at its meeting held on Tuesday, approved the re-appointment of Padalkar for a period of five years with effect from September 12, 2026, HDFC Life Insurance Company said in a regulatory filing.
The re-appointment is subject to approval of shareholders at the ensuing Annual General Meeting and the Insurance Regulatory and Development Authority of India, it said.
Padalkar joined HDFC Life in 2008 and has held several leadership roles within the organisation, where she played a key role in strengthening the company’s financial framework and was instrumental in the successful listing of HDFC Life in 2017, it said.
HCLTech: IT major HCLTech on Tuesday reported a 4.20% year-on-year rise in consolidated net profit to ₹4,488 crore in the January-March quarter of FY26, even as the management flagged a highly volatile demand environment shadowed by tariffs and softened discretionary spending, giving an FY27 growth guidance of 1-4%.
The Noida-headquartered firm had reported a consolidated net profit of ₹4,307 crore in the same period of FY25.
The firm’s revenue from operations rose 12.34% to ₹33,981 crore in Q4 FY26, up from ₹30,246 crore in Q4 FY25.
The IT major projected its FY27 company revenue growth to be in the range of 1% to 4% in constant currency (CC). The company attributed the broad band of guidance to market volatility, reduced discretionary spend, and two client-specific situations where it expects some ramp-downs.
Cyient DLM: Electronic Manufacturing Services (EMS) firm Cyient DLM on Tuesday reported a 27.7% decline in consolidated net profit at ₹22.44 crore for the March quarter of FY26.
Profit in the year-ago period was ₹31 crore.
Revenue from operations stood 13.8% lower at ₹369.07 crore in Q4 FY26, as compared to ₹428.05 crore a year ago.
On a quarter-on-quarter basis, profit and revenue rose 99.8% and 21.7%, respectively.
Cyient’s order book stood at ₹2,416.6 crore at the end of the March quarter.
For full FY26, profit climbed 7.6% to ₹73.28 crore, while revenue from operations fell 17% to ₹1,261.48 crore.
Shadowfax Technologies: Logistics operator Shadowfax Technologies Ltd on Tuesday announced the launch of a unified digital shipping platform for the domestic SME and D2C ecosystem.
The platform, Shadowfax 360, provides small sellers and emerging brands with immediate access to an enterprise-grade network covering 15,000+ pincodes across 2,500 cities.
The rollout of the platform is a step in the company’s efforts to scale its seller ecosystem and diversify its merchant base beyond enterprise and marketplace relationships — expanding to a broader base of online-first SMEs, early-stage D2C brands, and marketplace-first sellers transitioning to owned-channel commerce, it said.
Persistent Systems: Mid-tier IT services company Persistent Systems on Tuesday reported a 33.73% growth in consolidated net profit to ₹529.26 crore in the January-March quarter of FY26.
It had posted a net profit of ₹395.76 crore in the same period last fiscal, according to regulatory filings.
The company’s revenue from operations increased by about 25% to ₹4,055.93 crore in Q4 FY26, as compared to ₹3,242.11 crore in Q4 FY26.
Persistent Systems noted a statutory impact of ₹89 crore on account of the implementation of the new labour codes.
Sequentially, profit and revenue rose by 20.43% and 7.35% over the previous quarter (October-December), respectively.
In the full fiscal year of 2025-26, Persistent’s profit climbed 33.20% to ₹1,865.12 crore, from ₹1,400.16 crore in FY25.
BEML: State-owned BEML on Tuesday announced securing a new order worth Rs 590 crore for the supply of trawl assemblies to the Indian Army.
In this regard, a formal contract agreement was signed between senior officials of the Ministry of Defence and BEML Ltd in the national capital on Tuesday, the company said in a statement.
“In a significant boost to India’s defence preparedness and indigenous manufacturing capabilities, the Ministry of Defence, Government of India, has awarded a Rs 590 crore contract to BEML Limited for the supply of trawl assemblies for deployment on the Indian Army’s T-72 and T-90 tanks,” the statement said.
Aurobindo Pharma: Aurobindo Pharma Ltd on Tuesday said it has set April 23 as the opening date for its ₹800 crore buyback offer.
The closing date for the buyback is April 29, Aurobindo Pharma said in a regulatory filing.
Earlier on April 6, the company’s board had approved the buyback of up to 54,23,728 fully paid-up equity shares having a face value of ₹1 each at a price of ₹1,475 per share for an aggregate amount up to ₹800 crore on a proportionate basis through the tender offer route.
The company has set April 17 as the record date for determining the entitlement and the names of equity shareholders who would be eligible to participate in the buyback.
With inputs from PTI
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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