32.1 C
Delhi
Saturday, April 19, 2025

Stocks to Watch Today: Market Set for Gap-Up Opening; Titan, M&M, BEL, Adani Ports in Focus

- Advertisement -spot_img
- Advertisement -spot_img

Indian stock markets are expected to open with a strong gap-up on Tuesday, April 8, tracking a recovery in global peers. As of 07:57 AM, GIFT NIFTY futures were trading at 22,669, up 181.50 points or 0.81%, signaling a potential 405-point jump in the NIFTY50 index at the opening bell.

Here’s a closer look at the key stocks likely to remain in focus today:

1. KPI Green Energy

The company has terminated its order from M/s Sai Bandhan Infinium for a 66.20 MW hybrid power project under the Captive Power Producer (CPP) segment. The cancellation was due to a change in technical requirements after the order was placed. This may lead to volatility in the stock as investors weigh the implications.

2. Titan Company

Titan released its Q4 business update, posting a robust 25% YoY increase in standalone revenue. The jewellery and watch segments were key drivers of this growth. Titan’s expansion plans, including new stores in the UAE and USA under the Tanishq brand, add to its positive long-term outlook.

3. Mahindra & Mahindra (M&M)

M&M has incorporated a new wholly owned subsidiary, Mahindra Advanced Technologies Limited (MATL), as of April 7, 2025. Additionally, it released its production, sales, and export data for March 2025, which could impact investor sentiment depending on the figures.

4. Oil Marketing Companies (OMCs) and Gas Distributors

Indian Oil (IOCL), BPCL, and HPCL will be in focus after the government raised excise duties on petrol and diesel by ₹2 per litre. However, retail prices remain unchanged as the hike is adjusted against lower international oil prices. Meanwhile, LPG prices rose by ₹50 per cylinder, and CNG prices by ₹1 per kg. Stocks like Gujarat Gas, Petronet LNG, and Adani Total Gas may also react.

5. Bharat Electronics Ltd (BEL)

BEL secured a ₹2,385 crore contract from the Ministry of Defence for advanced electronic warfare suites and aircraft modification kits for the Mi-17 V5 helicopters of the Indian Air Force. This deal enhances BEL’s positioning in the defence sector and is expected to support the stock’s momentum.

6. Coffee Day Enterprises

Coffee Day Enterprises Ltd has reported a default of ₹425.38 crore in debt repayments as of March 31, 2025. The company attributed this to a liquidity crisis, despite its ongoing debt resolution efforts. Investors may approach the stock cautiously.

7. IT Sector Stocks

Shares of Indian IT companies could see positive movement following a mild gain in the Nasdaq Composite index, which rose 15.48 points (0.10%) overnight. The sector might benefit from improving global sentiment.

8. Vodafone Idea (Vi)

Vodafone Idea launched 5G services at Eden Gardens in Kolkata, timed with the ongoing IPL matches. While the rollout is limited, it’s viewed as a promotional initiative aimed at boosting the company’s image and consumer engagement.

9. Tata Motors

BSE has sought clarification from Tata Motors following media reports that Jaguar Land Rover (JLR) may halt exports to the US amid new tariff threats from President Donald Trump. The company’s response could influence stock movement.

10. Adani Ports and SEZ (APSEZ)

APSEZ announced the commencement of operations at the Colombo West International Terminal (CWIT) in Sri Lanka, a key project under a 35-year BOT agreement with local partners. This expansion strengthens Adani Ports’ global footprint.

11. CESC Ltd

The company has approved the issuance of ₹250 crore worth of Non-Convertible Debentures (NCDs), with allotment scheduled for April 11. The capital raise supports CESC’s funding plans and operational needs.

12. Macrotech Developers

The realty firm reported a record Q4 sales booking of ₹4,810 crore, a 14% YoY rise, helping it meet its annual pre-sales target. FY25 sales bookings surged 21% to ₹17,630 crore, reflecting strong demand in the housing segment.

13. IREDA

The company has announced it will release its Q4 FY25 financial results on April 15, 2025. Investors may track the stock in anticipation of the upcoming earnings report.

14. Bajaj Healthcare

Bajaj Healthcare has acquired Genrx Pharmaceuticals Private Limited (in liquidation) for ₹10.85 crore through a cash deal. The acquisition adds strategic value and could support expansion in the pharma segment.

15. P N Gadgil Jewellers

The company posted a 5.1% rise in consolidated revenue in Q4 FY25, contributing to a full-year growth of 25.9%. The steady performance might draw investor attention, especially amid strong demand in the jewellery sector.

- Advertisement -spot_img
Latest news
- Advertisement -
Related news
- Advertisement -

Leave a reply

Please enter your comment!
Please enter your name here

error: