Stocks To Watch Today: Infosys, Airtel, IndusInd Bank, Bank Of India

Bharti Airtel Ltd., Gensol Engineering Ltd., IndusInd Bank Ld. and Infosys Ltd. will be among the stocks that are set to see some action going into trade on Tuesday.

• Infosys: The company has incorporated the step-down of wholly owned subsidiary Infosys Energy Consulting Services.

• Bharti Airtel: The company's arm Bharti Hexacom has signed an agreement with Adani data networks to acquire 400 MHz Spectrum In 26 GHz Band from the company.  

• IndusInd Bank: The bank’s internal audit department reviewing bank microfinance portfolio. The audit is about certain concerns which have been brought to the bank’s attention. EY is set to assist the internal audit team and will not be conducting any forensic audit.

• Bank of India: The bank will consider fundraising via bonds by the end of this month.

• Aditya Birla Capital: Insurance Regulatory and Development Authority of India has granted the Certificate of Registration to act as Corporate Agent under the Irdai.

• RBL Bank: British International Investment Plc exited the bank by offloading 2.31 crore shares or 3.81% equity, for Rs 430 crore.  

• PFC, Gensol Engineering: Out of the Rs 587-crore loan sanctioned to Gensol Engineering by Power Finance Corp, Rs 352 crore was disbursed. Out of which Gensol has paid Rs 45 crore in interest payments. A total of Rs 307 crore is pending as of April 18 and PFC is actively trying to recover the pending payment.

• Ashoka Buildcon: The company received a letter of acceptance worth Rs 569 crore from the Central Railway.

• Balrampur Chini Mills: The company crushed sugarcane at 99.16 lakh MT for the sugar season 2024-25. The net sugar produced was at 9.24 lakh MT and sugar sacrificed at 1.94 lakh MT for the season that ended on April 20.

• Suven Pharma: The company has received government approval for increasing aggregate foreign investment in the company to above 74%, paving the way for further foreign investment inflows.

LTIMindtree Ltd., Bajaj Housing Finance Ltd. and Tata Consumer Products Ltd. are among the big names set to announce their earnings for the fourth quarter on Wednesday.

HCLTech Q4 FY25 (Consolidated, QoQ)

• Revenue up 1.19% at Rs 30,246 crore versus Rs 29,890 crore. (Estimate Rs 30,261 crore)

• Ebit down 6.51% at Rs 5,442 crore versus Rs 5,821 crore. (Estimate 5,558 crore)

• Ebit margin down 148 bps at 17.99% versus 19.47%. (Estimate 18.37%)

• Net profit down 6.2% at Rs 4,309 crore versus Rs 4,594 crore. (Estimate Rs 4,376 crore)

• Constant currency revenue down 0.8% QoQ and up 2.9% YoY

• FY26 Guidance: Revenue growth expected to be in the range of 2-5% YoY in CC, EBIT margin to be 18-19%.

AU Small Finance Bank Q4 FY25 (Consolidated, YoY)

• Net Interest Income up 57% At Rs 2,094 crore versus Rs 1,337 crore

• Net Profit up 35.9% at Rs 504 crore versus Rs 371 crore

• Gross NPA at 2.28% versus 2.31% (QoQ)

• Net NPA At 0.74% versus 0.91% (QoQ)

• Provision at Rs 635 crore versus Rs 118 crore up 438% YoY, 26.5% QoQ

• PPOP for grew 99% YoY to Rs 1,292 crore versus Rs 650 crore.

• Cost to Income improved to 55% verus 65%

• Net Interest Margin at 5.8% versus 5.1%

Havells India Q4 FY25 (Consolidated, YoY)

• Revenue up 20.2% at Rs 6,544 crore versus Rs 5,442 crore (Estimate Rs 6,273 crore)

• EBITDA up 19.3% at Rs 757 crore versus Rs 635 crore (Estimate Rs 654 crore)

• Margin at 11.6% Versus 11.7% (Estimate 10.4%)

• Net Profit up 15.9% at Rs 518 crore versus Rs 447 Crore (Estimate Rs 460 crore)

• Recommends final dividend of Rs 6 per share

Waaree Energies Q4 Highlights (Consolidated, YoY)

• Revenue up 36.4% to Rs 4,004 crore versus Rs 2,936 crore. (Estimate Rs 4,028 crore)

• Ebitda to Rs 923 crore versus Rs 418 crore. (Estimate Rs 736 crore)

• Margin to 23% versus 14.2%. (Estimate 18.3%)

• Net profit up 34% to Rs 619 crore versus Rs 461 crore. (Estimate Rs 496 crore)

Huhtamaki India Q4 Highlights (Consolidated, YoY)

• Revenue flat at Rs 610 crore versus Rs 610 crore.

• Ebitda down 5.9% to Rs 38.6 crore versus Rs 41 crore.

• Margin to 6.3% versus 6.7%.

• Net profit flat at Rs 26 crore versus Rs 26 crore.

Delta Corp Q4: Highlights (Consolidated, YoY)

• Revenue down 1.2% to Rs 183 crore versus Rs 185 crore.

• Ebitda down 12% to Rs 42.5 crore versus Rs 48.3 crore.

• Margin to 23.3% versus 26%.

• Net profit to Rs 165 crore versus Rs 72.4 crore.

• Exceptional Gain of Rs 212 crore

• Exceptional gain of 130.49 Crores on the sale of 51% equity shares of the subsidiary company, Deltatech Gaming. The balance 49% in DGL is accounted at fair value and gain of Rs 81.65 crore recognised under exceptional item. Further, a gain of Rs 1.08 crore is arising from the strike-off of the wholly owned, nonmaterial foreign subsidiary, Delta Offshore Developers which is classified as a exceptional item.

Tata Communications Q4 Highlights (Consolidated, QoQ)

• Revenue up 3.3% to Rs 5,990.35 crore versus Rs 5,798.07 crore (Bloomberg estimate: Rs 5,966.84 crore)

• Net Profit up 341% to Rs 1,040.51 crore versus Rs 236.08 crore (Estimate: Rs 305.17 crore)

• Ebitda down 5% to Rs 1,122.08 crore versus Rs 1,180.95 crore (Estimate: Rs 1,220.41 crore)

• Margin at 18.7% versus 20.4% (Estimate: 20.5%)

• Exceptional Gain of Rs 578 crore in current quarter

• Gain of Rs 311.2 crore on sale of subsidiary Tata Communications Payments Solutions.

• Board Recommends final dividend of Rs 25 per share.

Cyient DLM Q4 FY25 (Consolidated, YoY)

• Revenue up 18.3% at Rs 428 crore versus Rs 362 crore

• Ebitda up 50.5% at Rs 57.2 crore versus Rs 38 crore

• Margin at 13.4% versus 10.5%

• Net Profit up 36.6% at Rs 31 crore versus Rs 22.7 crore

M&M Financial Q4 FY25 (Consolidated, YoY)

• Net Profit down 31.8% at Rs 457 crore versus Rs 670 crore

• Total Income up 13% at Rs 4,897 crore versus Rs 4,333 crore

• Declares dividend of Rs 6.5 per share.

Vardhman Special Steels Q4 FY25 (Consolidated, YoY)

• Revenue down 2.6% at Rs 428 crore versus Rs 439 crore 

• Ebitda down 35.6% at Rs 31.4 crore versus Rs 48.8 crore

• Margin at 7.3% versus 11.1%

• Net Profit down 39.8% at Rs 19.7 crore versus Rs 32.8 crore.