The stock market experienced a lot of volatility following the global trade tariff uncertainty. However, the 90-day breather became the sole reason behind the market’s rally in the past few sessions. Additionally, earnings are the big near-term trigger. If you’re unsure which stocks to focus on going forward, here are updates on all the stocks making headlines. You can check these stocks to stay informed about all the key developments.
Earlier on Thursday, the NSE Nifty 50 closed the session 414.45 points or 1.77% higher at 23,852, while the BSE Sensex jumped 1,509 points or 1.96% to close at 78,553.
Stocks to watch on April 21, 2025
ICICI Bank
ICICI Bank’s consolidated net profit rose to Rs 13,502.22 crore in Q4 FY25 from Rs 11,671.52 crore in the corresponding quarter of the previous fiscal year. The standalone net profit for the reporting quarter stood at Rs 12,629.58 crore, up 18% year-on-year, compared to Rs 10,707.53 crore. The lender reported a net interest income (NII) of Rs 21,193 crore in Q4 FY25, an increase of 11% YoY from Rs 19,093 crore in Q4 FY24. The net interest margin rose marginally on year to 4.41% in the last quarter of FY25 compared with 4.40% in Q4FY24.
HDFC Bank
HDFC Bank announced a 6.7% YoY jump in standalone net profit at Rs 17,616 crore in Q4FY25, hekoed by healthy growth in net interest income (NII) and lower provisions. The bank’s NII was up over 10% YoY to Rs 32,065.8 crore in the reporting quarter, despite advances growing in low teens. The bank reported a net interest margin (NIM) of 3.54% on total assets and 3.73% on earning assets.
Infosys
Infosys reported a 12% year-on-year decline in net profit to Rs 7,033 crore for Q4 FY25. Its revenue for the quarter rose 7.9% YoY to Rs 40,928 crore. The company’s board recommended a final dividend of Rs 22 per equity share for the financial year ended March 31, 2025.
Gensol Engineering
Eversource Capital is reportedly in advanced discussions to acquire BluSmart for approximately Rs 850 crore. According to a CNBC-TV18 report, the investment firm has made a non-binding offer and is expected to reach a final decision within the next two weeks. As part of the proposed deal, BluSmart’s founders and board members, Anmol Jaggi and Puneet Singh Jaggi, are likely to be asked to step down from their positions.
Prestige Estates Projects
Prestige Estates Projects is looking to double its residential launches in FY26. The company launched 26.28 million square feet of projects during FY25, mostly across Bengaluru, Mumbai and Hyderabad, with a combined gross development value of Rs 26,222.8 crore. Prestige launched 14 million sq ft of residential properties across its key markets in Q4 FY25, with a gross development value (GDV) of Rs 16,133.8 crore, said Irfan Razack, Chairman and Managing Director of the company.
JSW Energy
JSW Energy will revisit capacity addition commitments it made previously as it expects to reach the aggregate target a few years ahead of the deadline. After two acquisitions in a space of just six months, by the end of FY25, JSW Energy achieved more than 60% of the announced target of 20 GW by 2030. It added 3.6 GW during FY25, which was its highest-ever in a year. Sharad Mahendra, joint managing director and CEO, JSW Energy, said, “This year we will be adding more than we did last year. With the kind of capacity we are putting up, we will be achieving the 20 GW target a few years earlier than planned.”
YES Bank
YES Bank reported a 63.3% YoY jump in net profit at Rs 738.1 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, the Bank posted a net profit of Rs 451.9 crore. Its net interest income (NII) was up 5.7%, coming at Rs 2,276.3 crore compared with Rs 2,153 crore in the corresponding quarter of FY24.
Adani Ports
Adani Ports and SEZ, the country’s biggest private port operator, acquired a coal export terminal in Australia from a group company in a $2.4-billion non-cash deal. The move is aimed at strengthening presence in the Asia-Pacific region. The company has bought Abbot Point Port Holdings (APPH), Singapore, from Carmichael Rail and Port Singapore Holdings Singapore (CRPSHPL), according to a statement.
Jio Financial Services
Jio Financial Services posted a consolidated net profit of Rs 316.11 crore, up 1.8% for the March quarter of FY25, compared with Rs 310.63 crore in the same quarter of the previous 2023-24 fiscal year. Total income increased to Rs 518 crore, in comparison with Rs 418 crore in the fourth quarter of the previous fiscal year, a growth of 24% YoY.
Tata Elxsi
Tata Elxsi reported a consolidated net profit of Rs 172 crore in the fourth quarter of the last financial year, which dropped 13% sequentially. For the quarter under review, its revenue fell 3.3% quarter-on-quarter to Rs 908 crore. Earnings before interest and taxes declined 17% to Rs 183 crore. Its EBIT margin contracted to 20.1%.
Coal India
Coal India arm SECL entered into a Rs 7,040-crore pact with TMC Mineral Resources for undertaking large-scale coal production using paste filling technology. “South Eastern Coalfields Ltd (SECL) is set to become the first coal PSU in India to adopt paste fill technology for coal mining… To implement this innovative underground mining technology, SECL has signed a Rs 7,040 crore agreement with TMC Mineral Resources Pvt Ltd,” said the company in a statement.
Earnings today
Tata Investment Corporation, Himadri Speciality Chemical, Anant Raj, International Gemmological Institute India, Alok Industries, Shilchar Technologies, Pitti Engineering, Mahindra Logistics, Rajratan Global Wire, Lotus Chocolate Company, GNA Axles, Aditya Birla Money, Indag Rubber, Shekhawati Industries, and Siel Financial Services will be reporting their quarterly earnings for the last quarter of the financial year 2024-25.