Stocks in Watch on April 24: Tata Consumer, LTIMindtree, NHPC, Bajaj Finance and More

Indian stock markets may open on a cautious note today, April 24, following a week-long rally. Investor sentiment remains shaky due to mixed global cues and heightened geopolitical tension after a tragic attack in Jammu and Kashmir.

Early indicators like GIFT Nifty were down by 61 points or 0.25% at 24,251 around 8:15 AM, pointing to a slow start.

Asian markets showed mixed trends, with Japan’s Nikkei up 1% while South Korea’s Kospi dipped 0.47%. Meanwhile, US markets gained for the second consecutive day—S&P 500 rose 1.67%, Nasdaq jumped 2.5%, and the Dow climbed 1.07%—as hopes rose over a possible easing in US-China trade tensions.

FIIs Continue to Buy, DIIs Sell

The domestic market saw strong momentum on Wednesday. Sensex climbed 521 points to 80,116, while Nifty gained 162 points to settle at 24,328. Foreign Institutional Investors (FIIs) bought shares worth ₹3,333 crore, extending their buying streak. In contrast, Domestic Institutional Investors (DIIs) booked profits, selling stocks worth ₹1,234 crore.

Read More, Muthoot Finance Interim Dividend of ₹26 Record Date Tomorrow, April 25, 2025.

Here are stocks to watch today:  

Tata Consumer Products

Tata Consumer Products  posted a 59.2% YoY surge in net profit to ₹345 crore for Q4 FY25. Revenue jumped 17.3% to ₹4,608 crore, with India-branded business volume (excluding acquisitions) growing by 5.9%.

LTIMindtree

LTIMindtree reported a 2.6% YoY increase in net profit to ₹1,128.5 crore for Q4. Revenue grew 9.9% YoY to ₹9,772 crore and rose 1.1% sequentially.

Syngene International

A subsidiary of Biocon, Syngene reported a 3% YoY increase in profit for Q4 FY25. Operational revenue went up by 11% to ₹1,018 crore, and EBITDA rose 9% to ₹363 crore.

Bajaj Housing Finance

Bajaj Housing Finance reported a 54% YoY growth in net profit at ₹587 crore. Its assets under management (AUM) expanded by 26% YoY to ₹1.15 trillion.

Dalmia Bharat

Dalmia Bharat Q4 net profit rose by 37.2% YoY to ₹439 crore, supported by better cost management.

Biocon

Biocon approved a plan to raise ₹4,500 crore through equity or debt and increased its authorised capital from ₹625 crore to ₹700 crore.

BPCL

BPCL has formed a joint venture with GPS Renewables to develop Compressed Biogas (CBG) plants across India. These plants will convert organic waste into green fuel.

NHPC

NHPC will develop a 1,200 MW solar park in Uttar Pradesh under a government scheme. The total project cost is ₹797 crore, with ₹239 crore to be invested via its subsidiary for project execution.

Conclusion

While global uncertainties and local geopolitical tensions may weigh on investor mood, strong corporate earnings from key players could provide market support. Investors should stay vigilant and track company-specific developments alongside broader market cues.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                

Investments in securities market are subject to market risks, read all the related documents carefully before investing.