Indian stock markets could see a positive opening today, following overnight cues and GIFT Nifty’s gains. As of 8:25 AM, GIFT Nifty was trading 170 points higher (+0.71%) at 24,258, suggesting a rebound after Friday’s losses.
On April 25, the Nifty 50 had ended at 24,039.35, down 207.35 points or 0.86%, while the Sensex closed at 79,212.53, falling by 588.90 points or 0.74%.
Let’s take a look at key stocks that will be in focus on April 28.
Reliance Industries reported a nearly 9% rise in consolidated revenue to ₹2.61 lakh crore for the January-March 2025 quarter, fueled by strong growth in digital services and retail. Cash profit crossed ₹1.46 lakh crore for the second consecutive year, exceeding annual capital investments.
L&T Finance posted a 14.9% YoY increase in net profit to ₹636.2 crore. Net interest income (NII) rose 3.8% to ₹2,423.2 crore. However, gross NPA ratio rose slightly to 3.29% from 3.23% in the previous quarter.
Force Motors recorded a 210% YoY surge in net profit to ₹434.7 crore. Revenue rose by 17.1% to ₹2,356 crore, with EBITDA improving 18.2% YoY to ₹329.3 crore, reflecting operational strength.
Poonawalla Fincorp’s net profit plunged 81.2% YoY to ₹62.3 crore for Q4FY25, primarily due to one-time expenses and provisioning. However, net interest income increased 11.7% YoY to ₹707.9 crore.
IREDA initiated an internal review of its exposure to Gensol Engineering amid fraud concerns and filed a complaint with the Economic Offences Wing (EoW). The account has been marked “under stress” but not yet classified as NPA.
DCB Bank posted a 13.7% YoY rise in Q4 net profit to ₹177 crore. NII increased 9.9% to ₹558 crore, with improved asset quality ratios.
Tata Technologies reported a 20% YoY growth in profit for the March quarter to ₹189 crore, although revenue dipped slightly to ₹1,286 crore compared to the year-ago period.
RBL Bank’s Q4 net profit fell sharply by 80% YoY to ₹68.7 crore despite higher other income. Lower provisioning helped partially offset the drop.
Lloyds Metals’ net profit declined 27% YoY to ₹202 crore, and revenue fell 23.2% YoY to ₹1,193 crore for Q4FY25. EBITDA also dropped 43% YoY.
Mahindra Holidays reported an 11.4% YoY dip in net profit to ₹73 crore, while revenue slipped 2.7% YoY to ₹778.8 crore for Q4FY25.
While GIFT Nifty indicates a recovery, markets may remain cautious given the lingering global uncertainties and stock-specific triggers like earnings announcements and corporate actions. Focus will remain on heavyweight earnings such as Reliance Industries and developments around Vodafone Idea and Ather Energy IPO.
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.
Published on: Apr 28, 2025, 8:44 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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