Stocks to watch, April 15: LIC, Paytm, Vedanta, ICICI Pru AMC, Ujjivan SFB, Nuvoco Vistas, HZL

Vedanta, in its filing to the stock exchange on Tuesday, said that "as of now, 24 workmen of our subcontractor have been affected by the incident, and 10 have succumbed to their injuries".

Meanwhile, news agency PTI reported that at least 13 workers were killed and 21 others injured after a steam-carrying tube connected to a boiler exploded at a Vedanta Ltd power plant in the Sakti district of Chhattisgarh on Tuesday afternoon, police said.

This means that the shareholders will get one fully paid-up equity share of ₹10 each for every one fully paid-up equity share of ₹10 each held by the members of the corporation as of the record date.

The shift, analysts note, signals a structural change in the fintech firm’s ownership, with domestic shareholding rising steadily in recent quarters, reflecting improving investor confidence.

Domestic institutional investors (DIIs) have raised their stake to a record 23.1% in the March quarter, up 2.8 percentage points sequentially and 9.1 percentage points from a year earlier, according to regulatory filings.

Mutual funds led the increase, with their holdings climbing to 16.6% from 14.3% in the previous quarter, while the number of funds investing in the company rose to 41 from 36, with entities such as Motilal Oswal Mutual Fund, Mirae Asset, and Bandhan Mutual Fund continuing to expand their shareholding.

The bank said that the RBI took note of Ujjivan's recent efforts towards diversification of its loan portfolio. However, they were of the view that there is scope for progress in this area.

Therefore, the RBI has returned the above-mentioned application and advised the bank to consider applying again after demonstrating a diversified loan portfolio.

ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, "The total value of life cover stood at ₹46.11 lakh crore as of March 31, 2026, highlighting the strong trust our customers have placed in us over the years."

The company has acquired a stake in Radial IT Park Pvt Ltd, which owns 2.6 million sq ft office space in Chennai, at an enterprise value of ₹3,000 crore.

In a regulatory filing on Tuesday, the company informed that it has entered into definitive transaction documents for the proposed acquisition of a 51% stake in Radial IT Park Pvt Ltd from AIGP2 Chennai 1 PTE Ltd.

The remaining 49% will be acquired by 360 One Real Assets Advantage Fund (along with its affiliates).

The AIGP2 Chennai 1 Pte Ltd is a 100 per cent subsidiary of CapitaLand India Growth Fund 2, which is a development fund by CapitaLand Investment that invests in Grade A business parks in prime locations across India’s gateway cities.

Managing Director Sanjay Sudhakaran said the plan to roll out Bosch-branded ACs is “on the radar”, although no timeline has been finalised. Currently, the company sells products in India under the Hitachi brand.

“If it happens, it will be the first in Asia, as Bosch ACs are currently present in Europe and some other markets,” he told PTI.

He, however, clarified that the Hitachi brand will continue in India under a long-term licensing agreement, even as the company evaluates a dual-brand strategy.

"The Hitachi brand will continue, as it has a multi-year brand licence. At the same time, the possibility of introducing Bosch-branded ACs is not ruled out,” the official said.

The company had a net profit of ₹165.54 crore in the January-March quarter a year ago, according to a regulatory filing from Nuvoco Vistas Corp.

Its revenue from operations was up 8.7% to ₹3,306.75 crore in the March quarter. It was at ₹3,042.25 crore in the corresponding quarter a year ago.

Total expenses of Nuvoco Vistas were at ₹3,028.04 crore, up 7.27% in the March quarter of FY '26.

Its total income, which includes other income, was at ₹3,309.37 crore, up 8.62% in Q4 of FY '26.

The company’s revenue from operations jumped 20.2% on a year-on-year (YoY) basis to ₹546 crore in the January to March quarter, as against ₹454 crore seen in Q4 FY25.

The company’s board of directors has also recommended an equity dividend of ₹110 per share for the FY26.

However, on a sequential basis, its profit declined by 16.76% quarter-on-quarter (QoQ) from ₹917.09 crore in the December quarter of the current fiscal year.

Its revenue from operations advanced 19.53% YoY to ₹1,517.01 crore during the quarter under review, as against ₹1,269.19 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

On a QoQ basis, its revenue from operations was mostly flat, rising 0.15% from ₹1,514.67 crore in the quarter-ago period.