Indian markets are expected to be impacted today. At 7:08 AM, GIFT Nifty futures were up by 33.50 points at 23,319.50.
In the previous session, the Sensex plunged by 1,390.41 points (1.80%) to 76,024.51, while the Nifty 50 dropped by 353.65 points (1.50%) to 23,165.70.
Here are the key stocks to watch today on April 02, 2025:
Coal India produced 85.8 million tonnes of coal in March 2025, marking a 3.1% decline from the previous year. While some divisions reported growth, key units saw lower output, shortening the company’s annual production targets.
Sudhir Madhavan has resigned as the Head of Microfinance & Gold Loan Business (RFS) at Jana Small Finance Bank, effective April 30, 2025. Executive Director K.S. Raman will assume the role of RFS from May 1, 2025.
Swiggy has been directed to pay ₹158.25 crore in taxes for the 2021-22 financial year over alleged discrepancies in cancellation charges and interest income. The food delivery giant is currently reviewing the order issued by the authorities.
Pidilite Industries has appointed Sudhanshu Vats as Managing Director, effective April 10, 2025. He currently serves as the Managing Director Designate. Kavinder Singh has also been named Joint Managing Director, effective April 10, 2025.
Bharat Electronics Ltd. (BEL) secured orders worth ₹18,715 crore for FY25, falling short of its ₹25,000 crore target. However, the state-run company’s revenue growth surpassed expectations.
Tata Motors reported flat domestic sales of 90,500 units in March 2025, compared to 90,822 units in March 2024. Passenger vehicle sales, including EVs, rose 3% to 51,872 units, while commercial vehicle sales declined 3% to 41,122 units.
KEC International has secured new projects worth ₹1,236 crore, including power contracts in the UAE, Kuwait, and India. The deals further strengthen the company’s presence in the infrastructure sector.
Maruti Suzuki reported a 3% rise in total sales for March 2025, reaching 1,92,984 units. However, the growth fell short of expectations, leading to a decline in the company’s stock price.
Hindalco Industries has outlined a multi-pronged growth strategy with a strong emphasis on sustainability, recycling, and capital investment. At its Investor Day 2025, the company revealed plans to quadruple its recycling capacity by FY30 and promote aluminium as a circular material with 75% recycled content.
TVS Motor Company recorded its highest-ever annual sales, reaching 4.74 million units in FY25, marking a 13% increase. In March, sales grew 17% to 4,14,687 units, with exports rising by 23%.
Dabur India has received a ₹110.33 crore tax demand for the financial year 2017-18. The company believes some of the charges result from calculation errors and is currently evaluating its next steps.
Shriram Finance has received RBI approval to acquire a 100% stake in Shriram Overseas Investments from Shriram Investments Holdings. The RBI has also approved the appointment of Umesh Revankar and Parag Sharma as Directors on the board of Shriram Overseas Investments.
SBI Cards and Payment Services has appointed Salila Pande as its new Managing Director and Chief Executive Officer.
Indian markets are expected to be impacted today, with GIFT Nifty futures up by 33.50 points. Key updates include Coal India’s production shortfall, Swiggy’s tax demand, and Pidilite’s leadership appointments.
Other highlights include Tata Motors’ flat sales, Hindalco’s growth strategy, and SBI Cards’ new CEO. Maruti Suzuki’s growth fell short of expectations, affecting its stock price.
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 the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 2, 2025, 7:40 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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