Stocks to watch, April 15: Transrail Lighting, Tata Motors, Samvardhana Motherson, IREDA, GM Breweries, Bajaj Housing Finance, Tata Power, and more

At 07:50 AM, the GIFT NIFTY futures were trading at 23,301.50, down 1 point. This suggests that the NIFTY50 index will open 383 points higher today.

“I'm looking at something to help some of the car companies with it,” Trump told reporters gathered in the Oval Office. The Republican president said automakers needed time to relocate production from Canada, Mexico and other places. "And they need a little bit of time because they're going to make them here, but they need a little bit of time. So I'm talking about things like that.”

"IHCL in the last fiscal year has clocked a record 74 signings, resulting in an industry-leading pipeline of 137 hotels. This was enabled by IHCL's strong brand presence across market segments coupled with the sustained demand buoyancy," the company in a regulatory filing quoted its Executive Vice President - Real Estate & Development, Suma Venkatesh, as saying.

The company had bagged orders worth ₹1,647 crore in March in the T&D and railways sectors.

In a statement, the company's MD and CEO Randeep Narang said, "We begin the financial year with this new order in our core T&D segment. This addition reinforces our position in the market and aligns with our strategic focus on continued growth."

The company's board has decided to consider and evaluate various structural alternatives to integrate BSV with itself, the drugmaker said in a regulatory filing.

He succeeds Arup Basu, who resigned from the position of Managing Director of the company, and whose employment contract will come to an end at the close of business hours on May 9, 2025, the company said in a statement.

In his new role, Satpute will oversee the strategy and operations of Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Pvt Ltd, the company said.

With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25%.

It has also reduced the External Benchmark Based Lending Rate (EBLR) by similar basis points to 8.65%. The revised rates come into effect from April 15, 2025, according to updated rate information on SBI's website.

These integrations are designed to accelerate AI adoption in enterprises by optimising software development and boosting engineering productivity, a company statement said.

"HCLTech has integrated NVIDIA AI Enterprise with its GenAI-led service transformation platform, AI Force, and NVIDIA Omniverse with its physical AI solution, SmartTwin.

"As a leading player in oleochemicals, surfactants, specialities and biotech sectors, this transaction will help the company expand its product offerings to the food & beverages industry globally," the Godrej Group firm said in the statement on Monday.

"With this project, its total renewable utility capacity has reached 10.9 GW," TPREL, a Tata Power subsidiary, said in a statement on Monday.

The Firm and Dispatchable Renewable Energy (FDRE) project, spread across multiple locations in India, is set to be completed within 24 months and is expected to generate approximately 1,300 million units (MUs) of electricity annually, TPREL said.

Macrotech Developers will continue to use the 'Lodha' brand, while the younger brother will continue to operate under the 'House of Abhinandan Lodha' brand, as per the agreements between the two brothers under the guidance of their parents.

In a separate development, the real estate firm acquired 10 land parcels last fiscal to develop housing projects with a total sales value of nearly ₹24,000 crore, as it seeks to expand business amid strong demand.

Listed entity Macrotech Developers, which sells properties under the Lodha brand, had given guidance for 2024-25 that it would be acquiring land parcels having a revenue potential of ₹21,000 crore.

The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05% to 8.80%, BoM said in a statement on Monday.

The Reserve Bank of India (RBI) on Wednesday slashed key interest rates by 25 basis points for the second time in a row to support growth facing the threat of reciprocal tariffs by the US.

Fly ash is a fine, powdery waste material created when coal is burnt in power plants.

"The issue pertains to allegations of unauthorised disposal of fly ash. The Member Secretary… requested the company to deposit the environmental compensation of Rs 71,16,53,320," Vedanta has said in a filing to BSE.

The company reported a net profit of ₹68.19 crore in the year-ago period, according to a regulator filing from Orient Cement Ltd (OCL).

Its revenue from operations was down 7.07% to ₹825.18 crore in the March quarter. It was ₹888.02 crore in the corresponding period a year ago.

As per the US health regulator, Mumbai-based Glenmark is recalling over 25 products in the US market due to Current Good Manufacturing Practice (CGMP) deviations.

New Jersey-based Glenmark Pharmaceuticals Inc. is recalling affected lots of medications like propafenone hydrochloride extended-release capsules and solifenacin succinate tablets in America, the USFDA said.

The capacity is part of the 300 MW Karnisar Solar Power Plant in the state, NHPC said in the exchange filing.

Its sales bookings, or pre-sales, stood at ₹1,504 crore in the year-ago period.

According to a regulatory filing, Sobha's sales bookings fell to ₹6,276.5 crore in the last fiscal year compared to ₹6,644.1 crore in 2023-24.

The clarification comes in response to some social media posts claiming that it has selected PricewaterhouseCoopers (PwC) for the task.

"A few posts on social media (X) have falsely stated that HAL has finalised the selection of a consultancy firm, PwC, to benchmark its R&D activities," HAL said in a statement.

Its sales bookings stood at ₹862.54 crore in the year-ago period.

"597 units were booked in Q4 of FY25 vis-à-vis 451 units booked in Q3 of FY25 and 628 units booked in Q4 of FY24," Ashiana Housing said in a regulatory filing on Friday.

However, the company's sales bookings rose 8% to ₹1,936.75 crore in the last fiscal year against ₹1,798.22 crore in 2023-24.