On Wednesday, April 16, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open lower, tracking weak global market cues. Check out a few stocks that might be in focus during the trading session.
IT major Wipro will be in the spotlight on Wednesday as the company is scheduled to announce its Q4 earnings today. Investors and analysts will be closely watching the results to gauge the company’s performance and outlook.
IndusInd Bank has received a report from an independent agency highlighting discrepancies in its derivative transactions. As of June 2024, the report estimates a potential negative impact of ₹1,979 crore from these deals. On a post-tax basis, this translates to a 2.27% reduction in the bank’s net worth as of December 2024. The bank plans to reflect this impact in its FY25 financial statements and is taking steps to further strengthen internal controls related to derivative accounting operations.
The Securities and Exchange Board of India (SEBI) has issued an interim order against Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi. The order follows allegations of financial mismanagement and diversion of funds within the company.
Food delivery platform Swiggy has signed a Memorandum of Understanding (MoU) with the Ministry of Labour & Employment. This partnership aims to enhance gig and logistics job opportunities through the National Career Service (NCS) portal, targeting the creation of over 12 lakh jobs in the next 2 to 3 years.
Indian Renewable Energy Development Agency (IREDA) reported its performance in the March quarter, with a 49% year-on-year increase in its consolidated net profit. The profit rose to ₹502 crore, compared to ₹337 crore in the same quarter last year.
ICICI Lombard delivered a performance in FY2025, posting a 30.7% year-on-year rise in profit after tax (PAT), which increased to ₹2,508 crore from ₹1,919 crore in FY2024. The Board has also recommended a final dividend of ₹7 per share for the financial year.
Also Read: PM Internship Scheme 2025: New Application Deadline Extended to April 22!
Apart from these, several other stocks may remain in focus throughout the day due to market trends and company-specific developments. Keep an eye on key updates and market movements.
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 16, 2025, 7:59 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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