In recent days, the stock market has witnessed significant fluctuations, primarily driven by actions from U.S. President Donald Trump and his increasing pressure on Federal Reserve Chair Jerome Powell to lower interest rates. Investors are eager to pinpoint the most promising stocks as they navigate Tuesday’s trading session. Below, we highlight key stocks making waves in the market, ensuring you remain up-to-date with the latest developments.
Market Overview
On Monday, the NSE Nifty 50 climbed by 274 points, or 1.15%, closing at 24,125.55. Meanwhile, the BSE Sensex surged 855 points, marking a 1.09% increase to finish at 79,408. These upward movements reflect a robust response to recent market dynamics.
Key Stocks to Monitor
Coal India
Coal India, the state-owned enterprise, is set to invest ₹16,500 crore in constructing a 1,600 megawatt coal-fired power plant in Jharkhand. This initiative aims to address the rising demand for electricity. A non-binding memorandum of understanding was signed with Damodar Valley Corporation, paving the way for this project, which will feature two 800 MW units and expand an existing 500 MW plant.
NTPC
Evren, a Brookfield initiative in India, has secured a 300 MW Power Purchase Agreement (PPA) with NTPC. This agreement focuses on delivering reliable and dispatchable renewable energy. The project, capable of producing 300 MW of Firm and Dispatchable Renewable Energy (FDRE), integrates solar, wind, and battery storage systems, ensuring power distribution companies can efficiently meet peak demand.
Hindustan Unilever
In a strategic move, Hindustan Unilever acquired a 90% stake in Uprising Science, investing ₹2,706.44 crore. This acquisition, executed through a blend of primary investment and secondary share purchase, underscores the company’s commitment to expanding its portfolio in the science and technology sectors.
Tata Investment Corporation
Tata Investment Corporation reported a 37.7% decline in net profit for Q4 of the fiscal year 2024-25, totaling ₹37.7 crore compared to ₹60.5 crore the previous year. Revenue from operations plummeted 71.2%, dropping to ₹16.4 crore from ₹57 crore in the same quarter last year, reflecting challenging market conditions.
Prestige Estates Projects
Prestige Estates Projects has ambitious plans to double its residential launches in FY26. Having introduced 26.28 million square feet of projects in FY25, primarily in Bengaluru, Mumbai, and Hyderabad, the company aims for significant growth, with a gross development value of ₹26,222.8 crore. In Q4 alone, they launched 14 million sq ft of residential properties worth ₹16,133.8 crore, as noted by Irfan Razack, the company’s Chairman and Managing Director.
Anant Raj
The real estate and infrastructure firm Anant Raj reported an impressive 51.5% year-on-year increase in consolidated net profit, reaching ₹118.6 crore compared to ₹78.3 crore last year. Their revenue also saw a 22.2% rise, hitting ₹540.7 crore in Q4, up from ₹442.6 crore.
Tata Power
Tata Power Renewable Energy, a subsidiary of Tata Power, has signed a PPA with Tata Motors to jointly develop a 131 MW wind-solar hybrid renewable energy project. This initiative is anticipated to produce around 300 million units of renewable energy annually and significantly reduce carbon emissions by over 200,000 tonnes each year.
Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders has appointed Capt (retd) Jagmohan as the new Chairman and Managing Director. This decision, approved by the Ministry of Defence, aims to enhance the company’s leadership and strategic direction.
Earnings Reports Today
A number of companies, including HCL Technologies, Mahindra & Mahindra Financial Services, Havells India, and Tata Communications, are set to release their quarterly earnings for the last quarter of the fiscal year 2024-25. Investors should keep an eye on these reports for insights into performance trends.
Stay tuned for more updates as these developments unfold in the stock market!
