The stock market is currently navigating through significant turbulence, largely influenced by the escalating trade tensions initiated by former U.S. President Donald Trump. As investors look for opportunities, many are questioning which stocks to keep an eye on amid this volatility. Here’s a roundup of the latest developments for key stocks making headlines on Tuesday.
Stock Market Updates: A Snapshot
On Monday, the NSE Nifty 50 experienced a sharp decline, closing down 743 points, or 3.24%, to settle at 22,161. Meanwhile, the BSE Sensex saw a loss of 2,227 points, or 2.95%, finishing at 73,138. The fluctuations underscore a cautious atmosphere in the market.
Key Stocks to Monitor on April 8, 2025
Coal India
In a significant ruling, the Supreme Court has authorized mineral-rich states to retroactively tax mineral rights and lands, which will require Coal India to disburse approximately Rs 38,000 crore over the coming years. Despite this setback, the company remains hopeful of recovering nearly 80% of this amount through its existing Fuel Supply Agreements.
Macrotech Developers
Macrotech Developers, also known as Lodha, has announced record-breaking quarterly pre-sales of Rs 4,810 crore, marking a 14% year-on-year (YoY) increase. The firm reported total pre-sales of Rs 17,630 crore for FY25, surpassing its guidance with a robust 21% YoY growth.
City Gas Delivery and Petroleum Sector
Starting tomorrow, the price of Liquefied Petroleum Gas (LPG) will rise by Rs 50 per cylinder for both Ujjwala (PMUY) and non-Ujjwala consumers. Union Petroleum Minister Hardeep Singh Puri confirmed that for PMUY beneficiaries, the new price will be Rs 550, up from Rs 500, while other consumers will see an increase from Rs 803 to Rs 853. The LPG pricing will be reassessed every 15 days based on global market fluctuations.
Titan Company
Ending FY25 on a high note, Titan Company reported a remarkable 25% YoY growth in Q4. The company expanded its consolidated retail network by adding 72 new stores, bringing the total to 3,312. The jewellery segment, which is Titan’s largest, witnessed a 24% YoY growth, largely fueled by rising gold prices.
Bharat Electronics (BEL)
Bharat Electronics has secured a substantial contract worth Rs 2,210 crore (excluding taxes) from the Ministry of Defence for advanced Electronic Warfare (EW) systems intended for the Indian Air Force’s Mi-17V5 helicopters.
IL&FS Engineering
The IL&FS Engineering and Construction Company has reported ongoing defaults on principal and interest repayments on bank loans totaling Rs 2,628.15 crore as of March 31, 2025. These defaults continue to raise concerns among investors regarding the company’s financial health.
JSW Steel
In a positive development, JSW Steel achieved record output in Q4 FY25, producing 7.63 million tonnes (mt) of crude steel, a 12% YoY increase. The company’s India operations contributed significantly, with crude steel production rising to 7.40 mt, marking a 9% quarter-on-quarter (QoQ) and 13% YoY increase.
Tata Motors
Jaguar Land Rover reported stable wholesale and retail numbers for FY25, with 400,898 units sold wholesale and 428,854 retail units. However, retail sales saw a decline of 5.1% in Q4, totaling 108,232 units, even as wholesale figures increased slightly by 1.1%.
Zee Entertainment Enterprises
In a legal victory, the National Company Law Appellate Tribunal (NCLAT) dismissed an insolvency petition filed by IDBI Bank against Zee Entertainment Enterprises (ZEEL) concerning unpaid dues amounting to nearly Rs 150 crore.
With these insights, investors can better navigate the current market landscape and make informed decisions about their portfolios. Stay tuned for more updates as the situation evolves!
