Stocks to watch today: Bajaj Finance, IndusInd Bank, Wipro, Adani Green, Gensol
Dalal Street saw a strong rally on Monday, helped by a jump in Reliance Industries Limited (RIL) shares and continued buying by foreign investors. The Sensex rose by 1,000 points, while the Nifty gained nearly 300 points.Vinod Nair, Head of Research at Geojit Financial Services, said, "The domestic market recovered from the losses faced during the last two days of the previous week, which came due to border tensions. Sustained buying by foreign institutional investors (FIIs) and better results from RIL also improved investor confidence."Investors will be hoping that Dalal Street will continue its momentum, especially as many companies are set to announce their fourth-quarter (Q4) results.Several companies, including Bajaj Finance, Bajaj Finserv, Bharat Petroleum Corporation, Ambuja Cements, Capital Small Finance Bank, Ceat, Fedbank Financial Services, Five-Star Business Finance, IndiaMART InterMESH, Jana Small Finance Bank, Praj Industries, Punjab & Sind Bank, Schaeffler India, Shoppers Stop, Star Health and Allied Insurance Company, Trent, UTI Asset Management Company, and Vishal Mega Mart will release their earnings today, April 29.Here are the key stocks to watch:Adani Green EnergyThe renewable energy arm of the Adani Group reported a 53.3% year-on-year jump in its net profit to Rs 230 crore for the March 2025 quarter. Revenue also rose by 21.6% to Rs 3,073 crore compared to the same quarter last year.Adani Total GasAdani Total Gas saw its net profit fall by 8% in the fourth quarter of FY25. The company posted a profit of Rs 154 crore, down from Rs 168 crore in the same quarter a year ago.Tata TechnologiesAccording to CNBC-TV18, TGP Rise Climate is expected to sell 1.59 crore shares, equal to a 3.9% stake in Tata Technologies, through block deals.IndusInd BankArun Khurana has resigned as the Whole-time Director and Deputy CEO of IndusInd Bank. His resignation is effective from April 28.WiproGermany-based company Vorwerk has selected Wipro to manage and upgrade its IT systems. As part of this five-year agreement, Wipro will use its artificial intelligence-powered infrastructure operations solution to future-proof Vorwerk's IT setup and help it with enterprise-wide changes.PNB Housing FinancePNB Housing Finance reported a 27.8% year-on-year rise in its net profit to Rs 567.1 crore for the fourth quarter of FY25. Net interest income also went up by 20% year-on-year to Rs 735.8 crore. The company's board has recommended a final dividend of Rs 5 per share.Gensol EngineeringThe Directorate of Enforcement (ED) carried out a search and seizure operation at Gensol Engineering's offices in Ahmedabad and Gurgaon. Documents, electronic devices, and financial records were seized during the operation. The company said that the action was taken under the Foreign Exchange Management Act, 1999. Gensol stated that the financial impact of this development cannot be measured at this time.Go Digit General InsuranceGo Digit General Insurance reported a strong 118.9% year-on-year increase in its net profit, reaching Rs 116 crore in the March 2025 quarter. The company's gross written premium rose by 10.3% year-on-year to Rs 2,576 crore. Its assets under management (AUM) grew by 25% year-on-year to Rs 19,703 crore. However, the combined ratio, which measures profitability, increased to 111.3% for the quarter.
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