GIFT Nifty, an early indicator for Indian equity markets, was trading 65 points lower (-0.27%) at 23,836 as of 08:50 AM, suggesting a cautious start on Monday.
In the previous session, the Sensex surged by 1,508.91 points (+1.96%) to close at 78,553.20, while the Nifty 50 gained 414.45 points (+1.77%) to settle at 23,851.65.
Here are the key stocks to watch today on April 21, 2025:
Jio Financial Services reported an 18% year-on-year rise in Q4 revenue, reaching ₹493.2 crore, driven by strong performance across lending, leasing, and digital finance segments. Net profit for the March quarter edged up 1.7% to ₹316 crore from ₹310.6 crore in the same quarter last year.
Infosys projected revenue growth between 0% and 3% in constant currency terms for FY26—below the 4.5–5% guidance offered in the previous quarter. Market expectations had priced in 2–4% growth. The company also declared a final dividend of ₹22 per equity share alongside its Q4 results.
Voltas is under scrutiny from customs authorities following a show cause notice dated April 1, 2025. The notice alleges a shortfall in import duty payments amounting to ₹24.81 crore. It was issued by the Commissioner of Customs (NS-III) at Nhava Sheva’s Jawaharlal Nehru Customs House.
Tata Elxsi reported a 13.4% sequential decline in net profit for Q4FY25 to ₹172.4 crore, compared to ₹199 crore in the previous quarter. The decline is attributed to persistent weakness in its transportation segment, impacted by global trade challenges and geopolitical uncertainty.
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹38.60 lakh on IDFC First Bank for non-compliance with Know Your Customer (KYC) regulations. The penalty is tied to irregularities in opening certain current accounts, in breach of RBI’s 2016 KYC Directions.
HDFC Life posted a strong performance for FY25, with individual annualised premium equivalent (APE) rising 18% and value of new business (VNB) increasing by 13%. However, Q4FY25 APE stood at ₹5,186 crore—3% below analyst expectations—reflecting intensified competition in the insurance sector.
Coal India’s subsidiary SECL has signed a ₹7,040 crore agreement with TMC Mineral Resources to initiate large-scale coal mining using paste filling technology. This method enables underground mining without the need for surface land acquisition and enhances mine safety by filling excavated voids.
HDFC Bank posted a 7% year-on-year rise in consolidated net profit to ₹18,835 crore in Q4, with net interest income growing 10.3% to ₹32,070 crore. Despite this, the bank flagged pressures on loan growth due to aggressive pricing in home and corporate loan segments.
Yes Bank recorded a 63% rise in Q4 net profit to ₹738 crore, supported by a decline in provisions. For FY25, net profit surged 92.3% to ₹2,406 crore. Net interest income for the quarter rose 5.7% to ₹2,276 crore, driven by 8.1% growth in advances and slight improvement in margins.
ICICI Bank reported a 15.7% increase in Q4 consolidated net profit at ₹13,502 crore. Core net interest income rose 11% to ₹21,193 crore, while non-interest income (excluding treasury gains) grew 18.4% to ₹7,021 crore. Provisions for the quarter stood at ₹891 crore, compared to ₹718 crore a year ago.
Investors should keep an eye on Jio Financial’s consistent earnings growth, Infosys’ cautious revenue guidance, and regulatory developments affecting Voltas and IDFC First Bank.
Also notable are Tata Elxsi’s weak performance, HDFC Bank’s margin commentary, and Yes Bank’s turnaround in profitability. ICICI Bank and HDFC Life also present key insights into financial sector health as markets navigate a mixed global outlook.
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 21, 2025, 9:02 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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