As we dive into a new week and approach the end of April, investors are met with a bustling schedule that promises excitement in the financial markets. The fresh fiscal year has already seen a flurry of quarterly earnings reports, significant mergers, and noteworthy corporate actions. With so much unfolding, it’s easy to feel overwhelmed about which stocks to monitor. Let’s highlight 10 essential stocks you should keep an eye on today, April 28, 2025.
Market Overview
On Friday, April 25, the Indian stock markets faced a decline for the second consecutive session. The Sensex fell by 588.90 points, or 0.74%, closing at 79,212.53, while the Nifty dropped 207.35 points, or 0.86%, settling at 24,039.35.
Top Stocks to Monitor on April 28, 2025
Reliance Industries
Reliance Industries reported a remarkable 9% increase in consolidated revenue for the January-March quarter, reaching Rs 2.61 lakh crore. Although the energy sector struggled, robust performances in digital services and retail helped mitigate the downturn. The company also achieved cash profits of Rs 1.46 lakh crore for FY25, surpassing its annual capital investments once again.
Mahindra & Mahindra (M&M)
In a strategic move, Mahindra & Mahindra has announced its intention to acquire a 58.96% stake in SML Isuzu for Rs 555 crore. This acquisition aims to bolster M&M’s position in the commercial vehicle market. The transaction involves purchasing shares from Sumitomo Corporation and Isuzu Motors Ltd, alongside an open offer for additional shares in compliance with SEBI regulations.
Force Motors
Force Motors saw a staggering 210% year-on-year increase in net profit, amounting to Rs 434.7 crore for the quarter. Revenues also rose by 17.1%, reaching Rs 2,356 crore, while EBITDA margins slightly improved to 14%.
Poonawalla Fincorp
Poonawalla Fincorp experienced a significant 81.2% drop in net profit, reporting Rs 62.3 crore for Q4FY25. This decline was largely attributed to one-time expenses and prior provisioning. However, the company’s Net Interest Income (NII) climbed 11.7% to Rs 707.9 crore.
L&T Finance
L&T Finance recorded a 14.9% year-on-year increase in net profit, which reached Rs 636.2 crore for Q4FY25. The Net Interest Income (NII) also grew by 3.8%, totaling Rs 2,423.2 crore, despite a slight uptick in the gross NPA ratio to 3.29%.
Hindustan Unilever (HUL)
HUL is gearing up to revitalize its Rs 15,294-crore food division, its second-largest segment. According to reports, the company is shifting its strategy to prioritize sales growth over mere margin enhancement. Additionally, HUL aims to list its Rs 1,800-crore ice cream division, with plans expected to unfold by FY26.
Tata Technologies
Tata Technologies showcased a 20% year-on-year growth in net profit for the March quarter, hitting Rs 189 crore. Although there was a slight decline in quarterly revenue, dropping to Rs 1,286 crore from Rs 1,301 crore last year, the overall performance remains noteworthy.
IDFC First Bank
Shares of IDFC First Bank are under scrutiny following a 58% year-on-year decline in standalone net profit, which stood at Rs 304.1 crore for the March quarter, down from Rs 724.4 crore a year earlier. Despite this, net interest income saw an increase of nearly 10%, reaching Rs 4,907.2 crore.
DCB Bank
DCB Bank reported a 13.7% increase in net profit, achieving Rs 177 crore for Q4FY25, while net interest income rose by 9.9% year-on-year.
IREDA
The Indian Renewable Energy Development Agency (IREDA) has begun an internal review concerning its engagement with Gensol Engineering. A complaint has been filed with the Economic Offences Wing regarding allegedly falsified documents. Although Gensol’s account is marked as "under stress," it has not yet been classified as a non-performing asset (NPA).
IRFC
The Indian Railway Finance Corporation (IRFC) has emerged as the lowest bidder for a Rs 5,000 crore term loan intended for the National Thermal Power Corporation (NTPC). This funding will support NTPC’s existing and upcoming capacity expansion projects, including ventures in renewable energy, pending board approval.
Earnings to Watch Today
April 28 promises to be a pivotal day for investors, with numerous companies preparing to release their quarterly earnings. Key players such as TVS Motor Company, Adani Total Gas, Hexaware, PNB Housing Finance, and Castrol India are set to make headlines. Additionally, significant names like UltraTech Cement, Adani Green Energy, IDBI Bank, and more will also reveal their performance, making it a vital session for earnings enthusiasts.
With a packed landscape of earnings reports and corporate news, investors will have plenty to ponder as they navigate their strategies moving forward.
