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  1. Stocks to watch, April 10: Wipro, TCS, IT stocks, Godrej Properties, Blue Star, Saatvik Green Energy

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Stocks to watch, April 10: Wipro, TCS, IT stocks, Godrej Properties, Blue Star, Saatvik Green Energy

Swati Verma

6 min read | Updated on April 10, 2026, 08:19 IST

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SUMMARY

Stocks to watch: TCS shares will be on investors' radar as the country's largest IT services company reported a 12.22% jump in its March quarter net profit to ₹13,718 crore on Thursday, supported by expanded profit margins.

Stocks to watch, April 10, 2026

The GIFT NIFTY futures suggest that the NIFTY50 index will open 49 points higher. | Image: Shutterstock

Stocks to watch: The domestic stock market is expected to open in the green on Friday, April 10. The GIFT NIFTY futures suggest that the NIFTY50 index will open 49 points higher.
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Here is a list of stocks that may remain in focus today.
TCS: TCS shares will be on investors' radar as the country's largest IT services company reported a 12.22% jump in its March quarter net profit to ₹13,718 crore on Thursday, supported by expanded profit margins.

For fiscal year 2025-26, its profit after tax increased 1.35% to ₹49,210 crore compared to ₹48,553 crore in FY25.

Its Chief Executive and Managing Director K. Krithivasan said TCS is entering the new fiscal year with positive momentum on the back of new deal signings and asserted that a bulk of the headwinds it had experienced in the recent past are mostly behind.

Addressing an analyst call, Krithivasan said the impact of the West Asia crisis will be limited to the challenges faced by clients in the travel and transportation segment and those based in the Gulf region.

From a headcount perspective, the company added 2,356 jobs in Q4 to take the overall number of employees to 5,84,519 as of March 31, 2026, marking the first quarter of net addition after two consecutive quarters of decline.

In FY26, the overall base declined by 23,460 people.

Wipro: Shares will be in focus as the IT services firm announced its plans to consider a buyback proposal of equity shares at its upcoming board meeting scheduled for April 16, 2026, according to an exchange filing on Thursday.

“The board of directors of the company will be considering a proposal to buyback equity shares of the company and the matters necessary and incidental thereto, in accordance with the applicable provisions of the Companies Act, 2013, at its meeting scheduled to be held over April 15-16, 2026,” the company informed the stock exchange on April 9.

IT stocks: Following the news from both TCS and Wipro, other IT stocks are also expected to be in the spotlight.
Eicher Motors: Shares of Eicher Motors are expected to be in the spotlight on Friday, April 10, as the group firm, Royal Enfield, on Thursday announced its entry into the electric motorcycle segment with the launch of the Flying Flea C6 bike.

Flying Flea is the new 'city+ electric mobility' brand from Royal Enfield.

The Flying Flea C6 (FF.C6) is priced at ₹2.79 lakh (ex-showroom) and ₹1.99 lakh with the Battery-as-a-Service option, Eicher Motors said in a regulatory filing.

Eicher Motors Ltd Managing Director and Chief Executive Officer – Royal Enfield, B. Govindarajan, said the introduction of the Flying Flea C6 marks the company's "first step into electric motorcycling in our 125th year – a milestone that reflects both our legacy and our intent for new beginnings".

BSE: BSE on Thursday, April 9, said that it has received approval from the Securities and Exchange Board of India (SEBI) to launch derivative contracts on the BSE Focused IT Index.

In a regulatory filing, the stock exchange said that the BSE Focused IT is a sector index that measures the performance of the 14 companies belonging to the information technology (IT) sector.

It added that the details regarding the launch and contract specifications will be notified via separate exchange circulars.

Godrej Properties: In its Q4 business update, Godrej Properties said it delivered its highest-ever quarterly and full-year bookings.

"FY2026 booking value grew 16% YoY to ₹34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq. ft, a YoY volume growth of 5%. This is the highest-ever full-year booking value and volume announced by any listed real estate developer in India to date," it said.

Prestige Estates Projects: The company has entered into a joint venture with ABIL Group (a developer of premium real estate and hospitality in Pune and Mumbai) to develop a land parcel through Aaramnagar Realty LLP.

Aaramnagar Realty LLP jointly holds the development rights to the land parcel in Aram Nagar, Versova, Mumbai.

The development spans a land area of approximately 6 acres and offers a total development potential of around 1.7 million square feet (RERA area), with an estimated Gross Development Value (GDV) of over ₹9,000 crore.

Capri Global Capital: Capri Global Capital is targeting around 30% growth in its gold loan portfolio in FY27 amid persistent geopolitical tensions in the Middle East and the revised gold loan norms introduced by the Reserve Bank of India (RBI) from April 1, 2026, a top company official said on Thursday.

"If gold loan prices reduce or increase, that also has an impact. "So, on an overall basis, we have said earlier that we will continue to grow with the same kind of pace of around 30%," Rajesh Sharma, Managing Director of Capri Global Capital, told PTI.

Blue Star: Air-conditioning and commercial refrigeration major Blue Star Limited expects around 20% growth in volumes and about 25% revenue growth this year, its managing director, B. Thiagarajan, said on Thursday.

He said the air-conditioning industry is currently facing a total cost impact of around 13%, comprising 5% from revised energy labelling norms and about 8% due to higher raw material prices.

"Out of this, the industry has already passed on about 5-6% to consumers, and another 5-7% increase is expected in April to offset the remaining impact," Girish Hingorani, vice president (marketing - unitary cooling products), said.

Ather Energy: Electric two-wheeler manufacturer Ather Energy on Thursday said it almost doubled the number of its Experience Centres (ECs) to over 700 across India in the just-concluded financial year.

This rapid expansion has played a key role in driving Ather's growth across markets, improving accessibility and enabling the company to scale across both existing and new markets, the company said.

Ather said it has added over 350 new experience centres, effectively doubling its retail network from 351 centres in India as of March 31, 2025.

Over the past year, the company said, its expanded retail footprint has helped the company reach a much wider set of customers, contributing to its national market share rising to 18.7 per cent in March 2026, according to Vahan data.

Ola Electric Mobility: Ola shares will be in focus as the stock has jumped 42% over the past five sessions.
Saatvik Green Energy: The company's material subsidiary, i.e., Saatvik Solar Industries Private Limited, has received and accepted an order aggregating to ₹108.75 crore from one renowned independent power producer/EPC player for the supply of solar PV modules.
Poonawalla Fincorp: Shares will be in focus as the company's board has approved the opening of the QIP issue on April 9. The floor price is set at ₹390.26 per equity share.
With inputs from PTI
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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About The Author

Swati Verma
Swati Verma is a business journalist with over 11 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.

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