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  1. Stocks to watch, April 22: Cyient DLM, HCLTech, steel stocks, Waaree Energies, Tata Communications, Havells India, and more

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Stocks to watch, April 22: Cyient DLM, HCLTech, steel stocks, Waaree Energies, Tata Communications, Havells India, and more

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4 min read | Updated on April 22, 2025, 08:30 IST

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SUMMARY

Stocks to watch: Tata Motors on Monday said it has inked a power purchase agreement with Tata Power Renewable Energy to co-develop a 131 MW wind-solar hybrid renewable energy project.

Shares of steel companies will be in focus as the government on Monday imposed a 12% provisional safeguard duty for 200 days on five steel product categories.

Shares of steel companies will be in focus as the government on Monday imposed a 12% provisional safeguard duty for 200 days on five steel product categories. | Image: Shutterstock

Stocks to watch: The domestic equity market will likely open in the green on Tuesday, April 22.

The GIFT NIFTY futures indicate that the NIFTY50 index will open 40 points higher.

Here is a list of stocks that may remain in focus today.
Earnings today: As many as 17 stocks are scheduled to announce their March quarter (Q4 FY25) numbers today. The list includes names such as AU Small Finance Bank, HCLTech, Cyient DLM, Delta Corp, Hathway Cable & Datacom, Havells India, Mahindra & Mahindra Financial Services, Tata Communications, Vardhman Special Steels, and Waaree Energies.
Tata Investment: Shares will be in focus as the company announced its financial results for the quarter ended March 31, 2025 (Q3 FY25) and for the full fiscal year FY24-25 on Monday, April 21.

The company's board also recommended a dividend of ₹27 (270%) per ordinary share of ₹10 each, to be paid after the annual general meeting (AGM), subject to approval by the company's shareholders at the ensuing AGM.

The Tata Group company reported a net profit of ₹37.72 crore on a consolidated basis, down 37.62% YoY from ₹60.47 crore logged in the year-ago period. READ MORE
JSW Steel, SAIL, Jindal Steel and Power: Shares of steel companies will be in focus as the government on Monday imposed a 12% provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets, and plates, to protect domestic players from a surge in imports.

The decision follows a recommendation for the same by the Commerce Ministry's investigation arm, DGTR. Last month, the DGTR suggested imposing the duty.

Anant Raj: The real estate company reported a 51.5% year-on-year increase in net consolidated profit, reaching ₹118.6 crore, compared to ₹78.3 crore in the same period last year.

Anant Raj's revenue rose 22.2% to ₹540.7 crore in Q4, compared to ₹442.6 crore in the same period last year.

Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) also saw significant growth, rising 36.5% to ₹142.4 crore from ₹104.3 crore year-on-year.

Mahindra Logistics: Mahindra Logistics on Monday, April 21, reported an 8.2% increase in its consolidated revenue to ₹1,569.5 crore for the March quarter as compared to ₹1,450.8 crore in the same quarter last fiscal year.

Its net profit narrowed to ₹6.7 crore in Q4 FY25 as against ₹12.8 crore in Q4 FY24.

During the reporting quarter, earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 37.2% to ₹77.7 crore as against ₹56.6 crore in Q4 FY24.

Telecom stocks: Bharti Airtel, Reliance Jio, Vodafone Idea, and MTNL will be in focus as TRAI released monthly data on Monday.

Airtel led the growth in the mobile and wireline segments with net additions of 16.53 lakh and 1.17 lakh customers, respectively, in January.

In the mobile segment, Reliance Jio led the market with 46.5 crore subscribers, followed by Airtel with 38.69 crore customers in January 2025.

Vodafone Idea (Vi) continues to be the biggest loser in the segment. The company lost over 13 lakh mobile subscribers in January. State-run BSNL and MTNL lost 3.69 lakh and 2,617 customers, respectively.

In the wireline segment, BSNL lost 39,953 subscribers, MTNL 9,904, Quadrant 4,741, Vi 3,447, and STPL 1,690.

Coal India: State-owned Coal India on Monday said it has entered into a pact with Damodar Valley Corporation (DVC) for setting up an ultra-supercritical power plant in Jharkhand with a total investment of ₹16,500 crore.

Ultra-supercritical power plants operate at higher steam temperatures and pressures than supercritical plants, leading to improved efficiency and reduced emissions.

"Widening further its business diversification portfolio into thermal power generation, Coal India Ltd (CIL)...formally joined hands with Damodar Valley Corporation (DVC) to set up a coal-fired 2 x 800 MW ultra supercritical power plant in Jharkhand," the PSU said in a statement.

Tata Motors, Tata Power: Tata Motors on Monday said it has inked a power purchase agreement with Tata Power Renewable Energy to co-develop a 131 MW wind-solar hybrid renewable energy project.

Set to generate around 300 million units of clean electricity annually, the project is expected to offset over 2 lakh tonnes of CO₂ emissions each year, the Mumbai-based auto major said in a statement.

The integrated wind-solar hybrid solution will provide a reliable supply of green, cost-effective energy exclusively to Tata Motors' six manufacturing facilities in Maharashtra and Gujarat, supporting the production of both commercial and passenger vehicles, it added.

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