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  1. Stocks to Watch, April 6: Vedanta, Wipro, HDFC Bank, IDBI Bank, Dabur, Avenue Supermarts, Senco Gold

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Stocks to Watch, April 6: Vedanta, Wipro, HDFC Bank, IDBI Bank, Dabur, Avenue Supermarts, Senco Gold

Swati Verma

8 min read | Updated on April 06, 2026, 08:14 IST

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SUMMARY

Stocks to watch: The country's second-largest lender, HDFC Bank, on Saturday reported a 12% credit growth to ₹29.6 lakh crore for the March quarter.

Stocks in focus, April 6

State-owned Hindustan Copper Ltd is pursuing Navratna status. | Image: Shutterstock

Stocks to watch: The domestic stock market is expected to open flat on Monday, April 6, as indicated by GIFT NIFTY futures.
Here is a list of stocks that may remain in focus today.
Wipro: Shares of Wipro, the IT services company, will be in focus on Monday, April 6, as the company announced that it has secured a multi-year strategic transformation deal with Olam Group. The eight-year engagement with Olam Group is expected to exceed USD 1 billion in contract value, with a committed spend of USD 800 million.
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FMCG stocks: Leading FMCG makers reported resilient growth amid a stable demand environment in the March quarter of FY26, posting a healthy revenue expansion, even though geopolitical tensions in the Middle East markets remained a concern.

The makers, such as Marico, Dabur, and AWL Agri Business (formerly Adani Wilmar), have reported growth in both volumes and value, driven by pricing actions, category momentum, and resilient domestic consumption and growth from international markets except the conflict area.

Makers expect margins to improve as inflation eases; however, they remain cautiously optimistic about the coming quarters. They expect the trend of domestic demand recovery to continue, aided by stable macroeconomic conditions and improving consumption trends.

Avenue Supermarts (DMart): Standalone revenue from operations for the quarter ended (QE) March 31, 2026, stood at ₹17,204.50 crore. The total number of stores as of March 31, 2026, stood at 500 (including one store at Sanpada, Navi Mumbai, Maharashtra, currently closed for customers due to reconstruction).
HDFC Bank: The country's second-largest lender, HDFC Bank, on Saturday reported a 12% credit growth to ₹29.6 lakh crore for the March quarter.

Its total advances were ₹26.43 lakh crore at the end of March 31, 2025, HDFC Bank said in a regulatory filing.

The lender reported a 14.4% rise in total deposits to ₹31.05 lakh crore from ₹27.14 lakh crore at the end of the fourth quarter of the preceding financial year.

During the period, CASA deposits recorded a growth of 12.3% to ₹10.6 lakh crore compared to ₹9.4 lakh crore in the year-ago period, it said.

The bank's period-end time deposits were approximately ₹20.45 lakh crore as of March 31, 2026, a growth of around 15.5% over ₹17.7 lakh crore as of March 31, 2025.

Hindustan Copper: State-owned Hindustan Copper Ltd is pursuing Navratna status, with its Chairman and Managing Director Sanjiv Kumar Singh emphasising the milestone as a testament to the company's improved operations, organisational excellence, and strategic growth.

This comes amid Hindustan Copper's aggressive expansion plans in mining operations. It operates the country's sole vertically integrated refined copper facility, handling exploration, mining, beneficiation, smelting, refining, and casting operations.

Coal India (CIL): State-owned Coal India Ltd plans to offer 25.62 million tonnes of coal through online auction in the current month, a move expected to mitigate the impact of energy supply shocks on industries amid the West Asia crisis.

The disruptions in LNG, LPG, and crude oil supplies from the Middle East have increased demand for coal, driving up its import prices.

Coal India had offered 32.532 million tonnes of coal through e-auction in March against 20.5 million tonnes in February this year.

The state-run coal producer plans to offer coal through the Single Window Mode Agnostic (SWMA) auction. SWMA auction is a unified, simplified e-auction system launched in 2022 to consolidate multiple existing auction windows (Spot, Special Spot, Forward) into a single platform, making coal procurement easier, more transparent, and market-driven for all buyers.

Kotak Mahindra Bank: Kotak Mahindra Bank reported higher credit growth versus deposit expansion. The bank registered a 16.2% rise in advances to ₹4.95 lakh crore from ₹4.26 lakh crore in the fourth quarter of the preceding fiscal.

It reported a 14.7% increase in total deposits to ₹5.72 lakh crore from ₹4.99 lakh crore at the end of the fourth quarter of FY25, Kotak Mahindra Bank said in a regulatory filing.

IDBI Bank: LIC-controlled IDBI Bank on Saturday reported a 16% increase in loan growth to ₹2.53 lakh crore for the fourth quarter ended March 2026.

Its total advances were ₹2.18 lakh crore at the end of March 31, 2025, IDBI Bank said in a regulatory filing.

The lender reported a 12% rise in total deposits to ₹3.46 lakh crore from ₹3.1 lakh crore logged at the end of the fourth quarter of the preceding financial year.

The total business of the bank increased 14% to ₹6 lakh crore compared to ₹5.28 lakh crore at the end of March 31, 2025.

AU Small Finance Bank: The bank has reported a higher credit growth vis-à-vis deposit expansion. The bank posted a 25.1% rise in advances to ₹1.36 lakh crore in Q4 FY26 against ₹1.08 lakh crore seen in the fourth quarter of FY25.

The lender reported a 22.8% increase in total deposits to ₹1.52 lakh crore compared to ₹1.24 lakh crore at the end of the fourth quarter of FY25, AU Small Finance Bank (SFB) said in a regulatory filing.

However, the bank's low-cost CASA (current account savings account) ratio declined to 28.4% of the total deposits from 29.2% at the end of March 2025.

Bandhan Bank: Bandhan Bank's loans and advances grew 12.6% year-on-year to ₹1,54,235 crore as of March 31, compared to ₹1,36,995, the private lender said on Saturday.

On a sequential basis, the loan book expanded 6.2% from ₹1,45,224 crore as of December 31, 2025, according to a provisional unaudited disclosure filed with the bourses.

Total deposits rose 10% year-on-year to ₹1,66,344 crore at the end of the fourth quarter of 2025-26 against ₹1,51,212 crore in the corresponding period last year and were up 6.1% from ₹1,56,724 crore in the previous quarter.

Retail deposits, including CASA, climbed 17.7% year-on-year to ₹1,22,547 crore, while retail term deposits surged 30.1% to ₹73,796 crore. The retail-to-total deposits ratio improved to 73.67% from 68.88% a year earlier, the bank said in the filing.

Prestige Estates: Realty firm Prestige Estates Projects Ltd will develop a 29-acre housing project in Hyderabad with an expected revenue of over ₹9,500 crore, as part of its expansion plan.

The company has launched a new housing project, 'Prestige Golden Grove' at Tellapur, comprising 5,120 units.

The project, spread across 28.6 acres, will have a total saleable area of 10.36 million square feet and an estimated revenue potential of over Rs 9,500 crore, Prestige said in a regulatory filing on Friday.

Ticket sizes range between ₹1 crore and ₹3 crore.

Sobha: Realty firm Sobha Ltd has reported an 11% increase in its sales bookings to ₹2,039.3 crore during the fourth quarter of the last fiscal, following better demand for its residential projects.

Its sales bookings, or pre-sales, stood at ₹1,835.7 crore in the year-ago period.

According to its regulatory filing on Friday, Sobha Ltd has achieved its highest-ever annual sales bookings of ₹8,135.9 crore during the 2025-26 fiscal year from ₹6,276.5 crore in the preceding year.

Vedanta Ltd: Mining major Vedanta Ltd on Friday reported a mixed performance for the last quarter of 2025-26, as its production of aluminium and zinc rose while the output of iron ore, steel, and oil & gas declined.

The company's total aluminium production during the quarter rose by 2%, and Zinc India's mined metal production increased by 2%.

In the oil and gas segment, Vedanta's average daily gross operated production dropped 15% during the March quarter to 81,500 barrels of oil equivalent per day (boepd).

While the production of saleable iron ore dropped 3% during the quarter, the saleable steel output during the quarter declined marginally by 1%, the company said in a regulatory filing.

In a statement, the company said that it remains focused on driving efficiency, scale, and long-term value creation.

Senco Gold: Jeweller Senco Gold & Diamonds expects revenue to cross ₹8,000 crore in the fiscal year ending March 2026, a roughly 30% rise from a year earlier, its Managing Director and CEO Suvankar Sen said.

Net profit is expected to nearly double in 2025-26, Sen said. The company posted a net profit of ₹165.37 crore and revenue of ₹6,258 crore in 2024-25.

"The company has shown strong growth this fiscal year, crossing ₹8,000 crore in revenue, up about 30% from last year. PAT is expected to nearly double," Sen told PTI.

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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