Stocks to watch, April 24: Rallis India, ACC, Axis Bank, HUL, Tech Mahindra, Nestle India, SBI Life, LTTS, LTIMindtree, TCPL, and more

The GIFT NIFTY futures levels at 07:32 AM indicate that the NIFTY50 index will open 54 points lower.

The dividend was declared along with the results for the latest March quarter after market hours on Wednesday, April 23. The company posted a 59.18% increase in its consolidated profit after tax to ₹344.85 crore in the January-March quarter of FY25, compared to ₹216.63 crore a year back.

The delivery ceremony took place at New Mangalore Port on Wednesday and was attended by senior officials from Wilson, UCSL, and the New Mangalore Port Authority.

The Tuticorin-based bank registered a net profit of ₹253.06 crore in the corresponding quarter of the last financial year.

For the year ending March 31, 2025, the net profit of the bank surged to ₹1,182.61 crore, from ₹1,072.03 crore recorded last financial year.

The company's loss stood at ₹21 crore during the corresponding quarter of the previous financial year, Rallis India said in a regulatory filing.

The company's revenue from operations during the quarter under review was almost flat at ₹430 crore compared to ₹436 crore in the same quarter of the previous year.

The city-based company, part of the diversified Murugappa Group, had registered a profit of ₹13.38 crore during the corresponding quarter of the previous financial year.

For the year ending March 31, 2025, the consolidated net profit stood at ₹39.48 crore, as against ₹40.95 crore recorded during the same period last year.

The company's board has approved raising the capital by way of issuing any instrument or security, including shares, non-convertible debt instruments, along with warrants or any other convertible securities by way of qualified institutions placement or rights issue, etc., Biocon said in a regulatory filing.

The company plans "issuance of securities up to an aggregate amount of ₹4,500 crore, in one or more tranches and/or by way of one or more issuances", it said.

The company reported a net profit of ₹189 crore in the January-March period of the last fiscal year.

Total income rose to ₹1,037 crore for the fourth quarter as against ₹933 crore in the year-ago period, Syngene International said in a regulatory filing.

The company had posted a net profit of ₹77.05 crore in the January-March quarter a year ago, according to a regulatory filing from Den Networks, a firm owned by Reliance Industries Group.

Den's revenue from operations was down 3.84% to ₹248.09 crore in the fourth quarter. It was at ₹258.01 crore in the corresponding period a year ago.

The company had recorded a loss of ₹309.34 crore in the same period a year ago, according to a regulatory filing.

The revenue from operations of Tata Teleservices (Maharashtra) Limited (TTML) declined by about 5% to ₹308.27 crore during the period from ₹323.29 crore in the March 2024 quarter.

The company had posted a net profit of ₹320 crore in the January-March quarter a year ago, according to a regulatory filing.

Its revenue from operations was down 5% to ₹4,091 crore during the quarter under review from ₹4,307 crore in the year-ago quarter on account of a decline in sales volume and softening prices.

In the March quarter, Dalmia Bharat's sales volume increased 2.8 per cent to 8.6 million tonnes (MT).

Traffic on the road leading to the plant, located near the state capital Bhopal, was stopped as a precautionary measure, they said.

GAIL Gas Ltd said in a statement that the cloud of vapour formed due to the leak was dissipated, and an all-clear was issued around 9.30 am.

The move reinforces the bank’s long-standing commitment to promoting responsible and sustainable banking practices, mitigating ESG risks, and seizing opportunities for a low-carbon future, Bank of Baroda said in a release.

"In line with the theme for Earth Day 2025, 'Our Power, Our Planet', which highlights the importance of renewable sources of energy, Bank of Baroda would prioritise financing for renewable energy," it said.