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Stocks to watch, April 21: MTNL, HDFC Bank, ICICI Bank, Infosys, Tata Elxsi, Jio Financial, TICL, BHEL, and more
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6 min read | Updated on April 21, 2025, 07:37 IST
SUMMARY
Stocks to watch: Shares will be in focus as the state-run telecom firm has defaulted on bank loans worth ₹8,346.24 crore from seven public sector banks, the company said in a regulatory filing. The loss-making public sector telecom firm's total debt obligations reached ₹33,568 crore as of March 31, 2025, according to the filing dated April 19.
Stock list
As many as 16 companies will announce their Q4 results today.
The GIFT NIFTY futures indicate that the NIFTY50 index today will open 55 points lower.
The loss-making public sector telecom firm's total debt obligations reached ₹33,568 crore as of March 31, 2025, according to the filing dated April 19.
The company is also planning for more investments in the state, including a 900–1,000 MW pumped storage project in Purulia, as part of its 40 GWh storage capacity roadmap, combining pumped storage hydro and battery-based solutions.
Net interest income (NII) of the bank increased to ₹32,066 crore for the reporting quarter, up 10.3% YoY as compared to ₹29,080 crore in the December quarter.
HDFC Bank's board recommended a dividend of ₹22 per share.
The bank's provisions for bad loans advanced 24% to ₹891 crore in the March quarter from ₹718 crore in the same period last year.
Its net interest income, or the difference between interest earned on loans and expended on deposits, came in at ₹2,276.36 crore, up nearly 6% from ₹2,153 crore in the corresponding period last year.
The board of directors approved the proposal at its meeting on April 18, and the decision now awaits shareholder approval through a special resolution via postal ballot, as per guidelines under the Securities and Exchange Board of India (SEBI).
For the January-March quarter of FY25, Just Dial logged a profit of ₹157.6 crore.
Revenue for FY25 was ₹1,141.9 crore, reflecting a 9.5% growth over FY24.
It had logged a net profit of ₹196.93 crore in the year-ago period, according to a regulatory filing.
Revenue for the quarter under review came in at ₹908.33 crore, a marginal increase from ₹905.94 crore in Q4 FY24.
Infosys also said that its board has recommended a final dividend of ₹22 per equity share for the financial year ended March 31, 2025.
The company also secured its highest-ever order inflows during the year, amounting to ₹92,534 crore, a company statement said.
With this, BHEL's total order book at the end of FY 2024–25 stood at ₹1,95,922 crore, it stated.
The company had earned a consolidated net profit of ₹310.63 crore in the same quarter of the previous 2023-24 fiscal year. Its profit in the third quarter of the 2024-25 fiscal year was ₹295 crore, Jio Financial Services said in a regulatory filing.
Total income increased to ₹518 crore from ₹418 crore in the fourth quarter of the previous fiscal year, a year-on-year growth of 24%.
"We have closed FY '25 with the assets under management at ₹11,300 crore, registering a growth of 7% but the coming year should be better in terms of business," Satin Creditcare Network Chairman cum Managing Director HP Singh told PTI.
The Mumbai-based company had sold properties worth ₹4,007 crore in the preceding year.
In a regulatory filing, Oberoi Realty reported that it has sold 928 units in 2024-25, as opposed to 705 units in the preceding fiscal year.
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