Stocks to Watch on April 29, 2025: Gensol Engineering, Central Bank of India and More

Indian stock markets could see a stable-to-positive opening today, supported by gains in global markets and GIFT Nifty’s uptick. As of 8:25 AM, GIFT Nifty was trading 81 points higher (+0.33%) at 24,507.0, signalling a firm start to the new week.

On April 28, the Nifty 50 closed at 24,328.50, up 289.15 points or 1.20%, while the BSE Sensex ended higher by 1,005.84 points or 1.27%, settling at 80,218.37.

Let’s take a look at key stocks that will be in focus on April 29:

Oberoi Realty

Oberoi Realty posted a 45% year-on-year (YoY) decline in its net profit at ₹433.2 crore for the March 2025 quarter, compared to ₹788 crore in the same quarter last year.

Revenue from operations also fell 12.5% to ₹1,150 crore from ₹1,315 crore a year ago. Operationally, EBITDA declined 21.7% YoY to ₹617.8 crore, reflecting softer performance across key projects.

Gensol Engineering

The Enforcement Directorate (ED) conducted search operations at Gensol Engineering’s premises in Ahmedabad and Gurgaon under the Foreign Exchange Management Act, 1999 (FEMA). Documents, electronic devices, and financial records were seized during the raid on April 27, 2025, intensifying regulatory scrutiny on the solar and EV-focused firm.

Central Bank of India

Central Bank of India reported a strong 28% YoY increase in net profit to ₹1,033.6 crore for the March 2025 quarter. However, net interest income (NII) declined 4% YoY to ₹3,399 crore. The bank’s total income grew by 7.57% YoY to ₹10,433 crore, supported by an improvement in non-interest income streams.

UCO Bank

UCO Bank’s total business grew 14.12% YoY to ₹5,13,527 crore as of March 31, 2025. Gross advances rose 17.72% YoY to ₹2,19,985 crore, while total deposits increased 11.56% YoY. Net profit for Q4FY25 rose 23.98% YoY to ₹652 crore, with operating profit improving significantly by 33.48% to ₹1,699 crore.

Castrol India

Castrol India reported an 8% YoY rise in net profit at ₹234 crore for the January-March 2025 quarter. Revenue from operations also grew 7.3% to ₹1,422 crore compared to the previous year. The lubricant major follows the calendar year for financial reporting.

AWL Agri Business

AWL Agri Business delivered a 21% YoY increase in consolidated net profit at ₹190 crore for Q4FY25. Revenue surged 37.9% YoY to ₹18,230 crore, driven by strong volume growth. EBITDA rose 25.8% YoY to ₹449 crore, although margins compressed slightly due to a high-cost environment.

Aurobindo Pharma

Aurobindo Pharma reported a fire incident on April 27, 2025, at its penicillin-G manufacturing unit in Kakinada SEZ, Andhra Pradesh. The fire caused damage to ancillary equipment but left the core manufacturing facilities intact, with no injuries reported.

Nippon Life India Asset Management

Nippon Life India Asset Management posted an 8.9% YoY decline in consolidated net profit for Q4FY25, standing at ₹296 crore compared to ₹325 crore a year ago. However, the company’s overall revenue showed healthy year-on-year growth, signaling resilience in its operations despite margin pressures.

Conclusion

While GIFT Nifty points to a positive opening, traders are expected to remain cautious amid global volatility and sector-specific developments. Focus will be on stock-specific movements, particularly companies dealing with regulatory developments, earnings performance, and corporate updates.

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.