Stocks To Watch, April 28: State-owned Coal India Ltd posted an 11.1% increase in consolidated profit after tax to ₹10,839.18 crore in Q4 FY26, driven by higher revenue.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 94 points lower. | Image: Shutterstock
Stocks To Watch, April 28: The domestic stock market is expected to open in the negative territory on Tuesday, April 28. The GIFT NIFTY futures suggest that the NIFTY50 index will open 94 points lower.
Here is a list of stocks that may remain in focus today.
Earnings today: Over 40 companies will declare their latest March-quarter earnings. They include Maruti Suzuki India, Eternal, REC, Dalmia Bharat, Garden Reach Shipbuilders & Engineers, Star Health & Allied Insurance Company, Go Digit General Insurance, Bandhan Bank, Motherson Sumi Wiring India, AWL Agri Business, Piramal Pharma, Emmvee Photovoltaic Power, Castrol India, IFCI, Five-Star Business Finance, Ceat and Leela Palaces Hotels & Resorts, among others. Check Full List.
Coal India: State-owned Coal India Ltd posted an 11.1% increase in consolidated profit after tax to ₹10,839.18 crore in Q4 FY26, driven by higher revenue. The company had logged a post-tax profit of ₹9,751.64 crore a year back.
The Maharatna firm said its revenue from operations advanced 5.75% to ₹46,490.03 crore from ₹43,961.56 crore in the corresponding quarter of the previous fiscal year.
Bajaj Housing Finance: The leading NBFC reported a 14.06% surge in its net profit to ₹669.19 crore in the latest March quarter as against ₹586.68 crore in the same period of the previous fiscal year.
Its net interest income (NII) saw a 15% YoY rise to ₹945 crore during the reporting quarter, compared to ₹823 crore in the year-ago period. During the quarter, its interest income advanced to ₹1,907 crore from ₹1,742 crore a year ago.
RailTel Corporation of India: The Navratna PSU has received the Letter of Acceptance (LoA) from Eastern Coalfields valued at ₹145.47 crore. The contract includes the provision of MPLS-VPN, Internet Leased Line, Video Conferencing & Managed Bandwidth Services for Eastern Coalfields.
Samvardhana Motherson International: The automotive components maker has approved the acquisition of a 51% equity stake in Nissin Advanced Coating Indo Co Pvt Ltd from Nissin Electric Co. Ltd, Japan. Post the acquisition, the firm will hold 100% of the equity share capital of Nissin India via Samvardhana Motherson and its wholly owned subsidiary Samvardhana Motherson Innovative Solutions Ltd in the ratio of 51% and 49%, respectively. Hence, Nissin India will become the firm's indirect wholly owned subsidiary.
Trent: The company has set Friday, May 29, as the record date for issuance of bonus shares in the proportion of 1:2 (one equity share as a bonus share for every two existing fully paid-up shares held by the members of the company). For the payment of ₹6 per share dividend, the record date is June 10.
Aditya Birla Capital: The company has allotted non-convertible debentures (NCDs) worth ₹200 crore on a private placement basis.
HMA Agro Industries: The company has approved divestment of its entire equity stake held in wholly owned units, FNS Agro Foods and Laal Agro Food. Following completion of the transaction, FNS and Laal shall cease to be subsidiaries of the company.
Piramal Finance: The non-bank lender posted a nearly fivefold jump in its latest Q4 net profit to ₹500.94 crore, aided by a one-time gain from the sale of a business eight years ago. The firm had reported a PAT of ₹102.44 crore in the year-ago period.
In the quarter under review, it received a huge benefit of ₹1,326.26 crore as deferred consideration post the sale of the imaging business in 2018, as per a regulatory filing.
The net interest income (NII) for the reporting quarter climbed 41% to ₹1,362 crore, driven by a 33% increase in assets under management (AUM) and a 0.10% expansion in the net interest margin (NIM) to 6.5%.
Mahindra Holidays & Resorts India: The company is set to acquire a 100% stake in Aditatva Estates Private Limited, which is engaged in the coffee plantation business on a 50-acre land parcel in Karnataka's Chikmagalur, for ₹37.5 crore.
The company's board greenlighted the proposal on April 27, and the acquisition is expected to be completed by July 31, 2026.
Post acquisition, Mahindra Holidays will be the owners of all assets of Aditatva, including the said land parcel, which is proposed to be used for the development of a leisure resort, the filing said.
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.
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.
