NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Stock Market Update: Key Earnings, Deals, and Appointments to Watch Out For

The Indian stock market is gearing up for a busy trading session today, with several key companies set to announce their quarterly earnings. Here's a rundown of the top stocks to watch out for:

Quarterly Earnings

CompanyQ4 Earnings (YoY)
ICICI Prudential Asset Management CompanyProfit: 10.4% to Rs 763.4 crore, Revenue: 19.5% to Rs 1,517 crore
ICICI Prudential Life Insurance CompanyProfit: 61.9% to Rs 623.9 crore, Net Premium Income: 17.2% to Rs 19,180 crore, Net Commission: 16.3% to Rs 1,795.5 crore
Anand Rathi Share and Stock BrokersProfit: 125.7% to Rs 41.5 crore, Revenue: 28% to Rs 255.65 crore, Net Interest Income: 58.3% to Rs 69.8 crore
Swaraj EnginesProfit: 20.1% to Rs 54.6 crore, Revenue: 20.2% to Rs 545.8 crore

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Stocks to Watch

  • RailTel Corporation of India: The company has received two orders worth Rs 564.5 crore from Rail Vikas Nigam and a work order worth Rs 43.96 crore from the Uttar Pradesh Police Recruitment and Promotion Board.
  • HG Infra Engineering: The company has received an order worth Rs 519.33 crore from Mirzapur Thermal Energy (UP) for the execution of civil and P-way works for the development of railway infrastructure.
  • ArisInfra Solutions: The company has entered into a Memorandum of Understanding (MoU) with Capacité Infraprojects for the procurement of construction materials worth Rs 800 crore over five years.

Appointments and Resignations

  • Burjis N Godrej has stepped down as Managing Director of Astec LifeSciences, effective immediately.
  • Nadir Godrej has retired as Chairperson and Director from the Board of Astec LifeSciences, effective April 13.
  • A S Lakshminarayanan has retired as Managing Director and Chief Executive Officer of Tata Communications, effective April 13.
  • Ruvi Bhansali has been appointed as Chief Financial Officer and Key Managerial Personnel (KMP) of Responsive Industries, effective April 13.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Other Developments

  • Life Insurance Corporation of India has approved the issuance of bonus equity shares in the proportion of 1:1 to the existing shareholders.
  • Hindustan Zinc has been declared the successful bidder for the Jhandawali–Satipura Amalgamated Potash and Halite Block of Rajasthan.
  • Prestige Estates Projects has achieved sales of Rs 7,697.3 crore in Q4 FY26, reflecting an 11 percent year-on-year growth.
  • Samvardhana Motherson International has clarified that its operations remain compliant with all applicable laws, despite labor issues in Noida and other cities.
  • Indian Overseas Bank has reduced its overnight, one-year, and two-year MCLR by 5 bps, effective April 15.

Investor Takeaway

Investors should focus on the quarterly earnings announcements of these companies.

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