Mazagon Dock Shipbuilders Ltd., HDFC Bank Ltd., Avenue Supermarts Ltd., Vedanta Ltd. and Zomato Ltd. will be the stocks to watch before going into trade on Friday.
Mazagon Dock Shipbuilders: The Government of India plans to sell up to 1.1 crore shares or a 2.83% stake in the company via offer for sale at a floor price set of Rs 2,525 per share.
Bajaj Finance: The company, in its business update, recorded deposits growth of 19% at Rs 71,400 crore, assets under management growth of 26% at Rs 4.17 lakh crore as of March 31, and new loans booked up by 36%.
HDFC Bank: The bank’s total advances grew 5.4% year-on-year to Rs 26.4 lakh crore in the January-March quarter of fiscal 2025, while deposits increased by 15.8% to Rs 25.3 lakh crore year-on-year during the fourth quarter. Current account-savings account deposits rose 5.7% to Rs 8.3 lakh crore.
Vedanta: Aluminium production in the fourth quarter grew by 2% to 2,421 kt, while refined metal production also increased by 2% to 1,052 kt. Zinc International production saw a significant year-on-year rise of 52%. Total power sales for the quarter registered an 18% quarter-on-quarter growth.
Avenue Supermarts: The company's standalone revenue from operations rose 17% for the second straight quarter to Rs 14,462 crore, and total number of stores as of March 31 stood at 415. The stores count surges to its highest in at least four years.
L&T Finance: The company, in its final quarter business update, recorded estimated realisation at 97%, retail disbursements at Rs 14,870 crore and retail loan book at Rs 95,100 crore.
RBL Bank: The bank reported total deposits of Rs 1.1 lakh crore, reflecting a year-on-year growth of 7% and a quarter-on-quarter increase of 4%. Current account savings account deposits reached Rs 37,884 crore, growing by 4% year-on-year. Gross advances grew by 11% year-on-year to Rs 94,973 crore.
Adani Wilmar: The company, in its business update, recorded a 7% year-over-year volume growth and a 36% year-on-year revenue increase in the fourth quarter.
Nestle India: The company plans to make an investment of Rs 900 crore for manufacturing factory in Odisha.
Bandhan Bank: The company, in its business update, recorded loans and advances up 10.6% at Rs 1.4 lakh crore, and total deposits rising 11.8% to Rs 1.51 lakh crore as of March 31.
RECOMMENDED FOR YOU

Stock Recommendations Today: Paytm, Mazagon Dock, DMart, Swiggy On Brokerages' Radar


Mazagon Dock Rated New 'Sell' At Asian Markets Securities As Brokerage Says Premium Valuations A Concern


Stocks To Watch Today: BEL, Axis Bank, Vedanta, Marico, M&M, Emcure Pharma


Mazagon Dock Aiming For Colombo Dockyard’s Debt-Free Turnaround In Five-Six Years
