Stocks to watch: The domestic equity market is expected to open in the green on Friday, April 24. GIFT NIFTY futures suggest that the NIFTY50 index will open 77 points higher.
Here is a list of stocks that may remain in focus today.
Earnings today: As per the BSE list, 29 companies are slated to announce their financial results for the quarter ended March 31, 2026 (Q4 FY26). The list includes Reliance Industries (RIL), Hindustan Zinc (HZL), Adani Green, Indusind Bank, Can Fin Homes, Chennai Petroleum Corporation, Lodha Developers, Shriram Finance, and Zensar Technologies, among others.
Infosys: IT major Infosys on Thursday reported a 20.8% rise in consolidated net profit to ₹8,501 crore in the January-March quarter and guided for 1.5% to 3.5% revenue growth for FY27, pinning its optimism on momentum in financial services, utilities, and AI services.
The top management spoke of the calendar year starting on a strong note but pointed out that there was a “change in economic environment” amid the West Asia conflict, though things appear to be stabilising now.
Waaree Energies, Vikram Solar: Shares of solar module manufacturers and exporters like Waaree Energies, Premier Energies, and Vikram Solar will be in the spotlight on Friday, April 24, after the US imposed preliminary anti-dumping duties on solar cells and panels imported from India, Lao People’s Democratic Republic (Laos), and Indonesia.
The U.S. Commerce Department, according to a fact sheet posted on the agency’s website, calculated preliminary duty rates, called ‘dumping margins’, of 123.04% for imports from India, 22.46% for imports from Laos, and 35.17% for imports from Indonesia, news agency Reuters reported.
Bharat Coking Coal (BCCL): Coal India subsidiary Bharat Coking Coal Ltd. (BCCL) on Thursday announced a scheme to encourage higher coal offtake and reduce costs for power consumers buying coal during the April–June period of the current financial year.
The move aims to encourage power companies to buy more coal, speed up transportation, and cut their costs. It will improve coal supply, ensure steady electricity, and support India’s self-reliance goal amid global energy issues.
The scheme will apply to all eligible power sector consumers covered under the fuel supply pact, including those under the flexi-linkage scheme.
The incentives will depend on actual coal lifted by power firms via rail, road, or road-cum-rail modes and will match the share of their quarterly target under set slabs.
BCCL is one of the largest coking coal producers in the country.
BCCL has reported a 58.9% decline in net profit at ₹27.28 crore for the quarter ended March 31, 2026, on the back of lower revenue.
The company had posted a net profit of ₹66.50 in the year-ago period, Bharat Coking Coal Ltd (BCCL) said in a filing to BSE on Wednesday.
Saatvik Green Energy: Saatvik Green Energy on Thursday said it has acquired an 80% equity stake in Melcon Transformers and Electricals Pvt Ltd, a Jaipur-based transformer manufacturer.
The share purchase agreement was signed on April 23, 2026, the company said in a statement.
Melcon, incorporated in 2005, operates at the very backbone of the power ecosystem, designing and manufacturing transformers that enable reliable transmission and distribution of energy.
Its portfolio spans oil-type, dry-type, auxiliary, and energy-efficient transformers ranging from 5 kVA to 12,500 kVA (up to 33 kV class), addressing diverse industrial and utility requirements.
Tata Capital: Non-bank lender Tata Capital on Thursday reported a 43% jump in the March quarter net profit at ₹1,502 crore on a consolidated level and said it is exercising “extra diligence” while disbursing loans to MSMEs to manage risks associated with the West Asia crisis.
The company had reported a net profit of ₹1,052 crore in the year-ago period and ₹1,257 crore in the preceding September quarter.
The core net interest income came at ₹3,477 crore for the quarter, on the back of a 29% growth in the assets under management to ₹86,653 crore and the net interest margin staying stable at 5.2%.
Its managing director and chief executive, Rajiv Sabharwal, told reporters that the company is aiming for an expansion in the net interest margin (NIM) by focusing more on higher-yielding products like retail unsecured loans and affordable housing.
Himadri Speciality: Clean-tech company Himadri Speciality Chemical on Thursday posted over a 33% jump in consolidated net profit at ₹207.53 crore for the quarter ended March 2026, supported by a rise in revenues.
It had logged a net profit of ₹155.46 crore in the year-ago period, the company said in an exchange filing.
Total income rose to ₹1,349.85 crore from ₹1,148.16 crore in January-March FY25.
In the entire fiscal, the net profit was at ₹755.07 crore, higher than ₹555.09 crore as of March 31, 2025. Total income rose to ₹4,831.99 crore from ₹4,664.32 crore.
The board has recommended a final dividend of 80 paise per equity share of ₹1 each for the financial year 2025-26, subject to approval of shareholders.
It also approved a proposal to incorporate a foreign, wholly owned step-down subsidiary in Guangzhou, China.
Aditya Birla Real Estate: Sale bookings of Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate, grew marginally last fiscal to ₹8,136 crore amid strong housing demand.
In a regulatory filing on Thursday, Aditya Birla Real Estate stated that Birla Estates has reported “a booking value of ₹8,136 crore for FY2026 following an exceptionally strong previous year, highlighting robust demand across key markets”.
The company’s sale bookings stood at ₹8,087 crore in 2024-25.
Aditya Birla Real Estate is one of the leading real estate developers in the country.
Indian Energy Exchange (IEX): Indian Energy Exchange (IEX) on Thursday posted around an 11% rise in consolidated net profit to ₹129.77 crore for the March quarter, supported by a rise in revenues.
It had logged a net profit of ₹117.11 crore in the year-ago period, the company said in an exchange filing.
Total income rose to ₹196.43 crore from ₹174.59 crore in January-March FY25.
In the entire fiscal year, the profit was at ₹492.92 crore, up from ₹429.16 crore as of March 31, 2025.
Total income rose to ₹746.95 crore from ₹657.36 crore.
The board of directors has recommended a final dividend of ₹2 per equity share having a face value of ₹1 each, fully paid up for the financial year ended March 31, 2026.
In a separate statement, IEX said it traded the highest-ever electricity volume of 141.1 billion units in FY26, posting a year-on-year rise of 17%.
Balrampur Chini Mills: Sugar firm Balrampur Chini Mills Ltd on Thursday said it will invest ₹160 crore to set up a lactogypsum processing plant in Uttar Pradesh and raise up to ₹450 crore through the issue of preferential shares to promoters as well as investors.
The company has also revised upwards its capital expenditure on a new polylactic acid (PLA) manufacturing plant in UP by ₹230 crore to nearly ₹3,100 crore.
In a regulatory filing, the company said the board has approved the establishment of a lactogypsum processing plant at Kumbhi, Uttar Pradesh, at an estimated project cost of up to ₹160 crore.
The proposed plant, with an installed capacity of about 76 lakh gypsum boards per annum, is intended to process lactogypsum generated as a byproduct from its PLA manufacturing operations.
Adani Energy Solutions: Adani Energy Solutions Ltd (AESL) on Thursday posted a marginal rise of 1.3% in its consolidated net profit at ₹723 crore for the quarter ended March 2026, supported by a rise in revenues.
It had logged a net profit of ₹714 crore in the year-ago period, the company said in an exchange filing.
Total income rose to ₹7,588.08 crore from ₹6,596.39 crore logged in January-March FY25.
In the entire fiscal, the net profit was at ₹2,392.75 crore, over a twofold jump from ₹921.69 crore as of March 31, 2025. Total income rose to ₹28,325.16 crore from ₹24,446.55 crore.
In Q4 FY26, the company reported an ‘adjusted PAT of ₹723 crore (28% YoY rise)’, translating from strong profitability at EBITDA. The comparable PAT has been adjusted for a one-time positive impact of deferred tax of ₹148 crore in Q4 FY25 last year for a like-for-like comparison.”
LTM: IT major LTM (formerly LTIMindtree) on Thursday reported a 23.37% rise in consolidated net profit to ₹1,392.3 crore in the January-March quarter of FY26.
The company, a part of the Larsen & Toubro (L&T) Group, had posted a net profit (attributable to shareholders of the company) of ₹1,128.5 crore in the same period of the preceding fiscal.
The company’s revenue from operations saw a 15.55% increase to ₹11,291.7 crore in Q4 FY26, as compared to ₹9,771.7 crore in Q4 FY25.
On a quarterly basis, profit and revenue climbed 43.44% and 4.73%, respectively.
For the full fiscal year of 2025-26, the company’s profit was 9.12% higher at ₹5,018.1 crore, while revenue from operations was up 11.31% at ₹42,307.6 crore.
Cyient: The IT services firm Ltd on Thursday announced a share buyback alongside its March quarter results.
The company’s board has approved a buyback of up to 64 lakh equity shares, representing 5.76% of the total paid-up equity share capital.
The buyback will be carried out at a price of ₹1,125 per share, for an aggregate amount of up to ₹720 crore, payable in cash.
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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