Indian markets are expected to be impacted today. At 6:58 AM, GIFT Nifty futures were down by 302.50 points at 23,128.00.
In the previous session, the Sensex jumped by 592.93 points (0.78%) to 76,617.44, while the Nifty 50 gained by 166.65 points (0.72%) to 23,332.25.
Here are the key stocks to watch today on April 03, 2025:
Reliance Industries (RIL) has commenced construction of its first Compressed Bio-Gas (CBG) plant in Kanigiri, Prakasam district, Andhra Pradesh. The initiative marks a significant step in RIL’s plan to develop integrated CBG hubs across the state. Andhra Pradesh IT & Electronics Minister and Chairman of the Group of Ministers on Job Creation, Nara Lokesh, laid the foundation stone for the project.
HDFC Bank has received an administrative warning letter from the Securities and Exchange Board of India (SEBI) for regulatory non-compliance. The capital markets regulator issued the warning following a periodic inspection of the bank’s custody activities. In a regulatory filing, HDFC Bank stated that SEBI flagged alleged non-compliance with certain custodian guidelines.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has secured a ₹593.22 crore (excluding taxes) contract from the Indian Air Force (IAF) for the comprehensive maintenance of the Akash Missile System. Originally supplied by BEL, the contract underscores the company’s crucial role in India’s defence infrastructure and after-sales support.
Punjab National Bank (PNB) reported strong growth in Q4, with its global business rising 1.6% quarter-on-quarter (QoQ) and 14% year-on-year (YoY) to ₹26.83 lakh crore. The growth was driven by a 2.4% QoQ and 14.3% YoY increase in global deposits, reaching ₹15.66 lakh crore, while global advances grew 0.6% QoQ and 13.6% YoY to ₹11.17 lakh crore.
Hindustan Zinc (HZL) reported a 4% YoY rise in Q4 mined metal output to 310 kt, with a 17% QoQ surge driven by higher grades and increased production. Refined metal output grew 4% QoQ to 270 kt on improved plant availability.
Chennai Petroleum has appointed H Shankar as its Managing Director, effective April 2, 2025. Previously, he served as the company’s Director (Technical) and also held the additional charge of Managing Director before his formal appointment.
Lupin has acquired UK-based Renascience Pharma for £12.3 million (around ₹135 crore). Renascience is the sole supplier of branded injectable cephalosporins for infectious diseases, a topical treatment for ear pain, and a branded quinazoline-like diuretic for cardiovascular and renal conditions in the UK.
Bharat Dynamics, the state-run defence equipment manufacturer, reported a 40% revenue growth for the financial year 2025. The company’s revenue rose to ₹3,300 crore, up from ₹2,369 crore in the previous year.
Dabur India has provided a Q4 FY25 business update, citing muted performance amid challenging market conditions. The company expects consolidated revenue to remain flat, while its India FMCG business is likely to see a mid-single-digit decline.
Maruti Suzuki India, the country’s largest carmaker, will increase prices across seven models starting April 8. The hike is attributed to rising input costs, operational expenses, regulatory changes, and the addition of new features.
Kirloskar Oil Engines has secured a ₹270 crore order from the Indian Navy to design and develop a 6MW medium-speed marine diesel engine under the Make-I scheme.
Mahindra Lifespace Developers has been chosen as the preferred partner for redeveloping two residential societies in Lokhandwala Complex, Andheri West, Mumbai. The project is valued at ₹1,200 crore.
Interarch Building Products has received a Letter of Intent for a purchase order exceeding ₹300 crore from a new customer. The order, involving 30,000 MT, includes design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems.
Indian markets are set to open lower today, as indicated by a sharp decline in GIFT Nifty futures. However, several key companies have reported significant developments. Reliance Industries has commenced work on its first CBG plant, while Bharat Electronics and Kirloskar Oil Engines have secured major defence contracts. Additionally, Lupin has expanded its global presence with a strategic acquisition.
On the financial front, Punjab National Bank and Bharat Dynamics have reported strong growth, while Dabur has signalled muted performance in Q4. Maruti Suzuki’s planned price hike and Mahindra Lifespace’s redevelopment project in Mumbai are also key 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 the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 3, 2025, 7:20 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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