Stocks To Watch: ITC, Tata Motors, Nykaa, IndusInd Bank, ONGC, Tata Steel, And Others – News18
Last Updated:
Stocks to watch: Shares of firms like ITC, Tata Motors, Nykaa, IndusInd Bank, ONGC, Tata Steel, and others will be in focus on Monday’s trade
Stocks to watch
Stocks To Watch On April 7, 2025: Markets came under pressure on Friday, declining by nearly 1.5%, largely due to weak global cues. On April 7, shares of several companies will be in focus due to various news developments and third-quarter updates.
Pharma, IT, and Metals Stocks:
Stocks related to global growth and with exposure to the US and European markets—such as pharmaceuticals, information technology (IT), and metals—could experience pressure on Monday. This comes amid growing concerns over a potential global trade war and an economic slowdown. With US President Donald Trump showing no signs of backing down on tariffs, sectors likely to be hit include those sensitive to tariffs, particularly pharma, IT, and metals stocks.
OMCs, Paints, and Airlines Shares:
Oil-linked stocks are likely to be in the spotlight as oil prices dip due to concerns about economic growth and increased supply from OPEC+ countries. Shares of HPCL, BPCL, IOCL, Asian Paints, Berger Paints, Pidilite, InterGlobe Aviation (IndiGo), and SpiceJet could benefit as Brent crude futures are down over 3%, trading at $63.4 per barrel, and WTI crude futures are quoted around $60 per barrel. However, overall market sentiment may limit the gains.
ONGC, Oil India, and RIL Shares:
Shares of oil upstream companies, including ONGC, Oil India, Reliance Industries, and Hindustan Oil Exploration, may face downward pressure today due to weak oil prices, which impact earnings for these stocks.
ITC:
ITC Ltd has completed the acquisition of 2,62,500 equity shares of Ample Foods Private Limited for Rs 131 crore. As a result, ITC’s stake in Ample Foods now stands at 43.75%.
Tata Steel:
Tata Steel’s taxable income for FY2018-19 has been revised upwards by Rs 25,185.51 crore, reflecting the amount of debt waived off in favor of the company when it acquired Bhushan Steel under the Insolvency and Bankruptcy Code process.
Tata Motors:
Tata Motors’ UK arm, Jaguar Land Rover, has decided to halt exports of its cars to the US following the imposition of a 25% tariff by the US government on cars not manufactured within the US and the US-Canada-Mexico Treaty.
IndusInd Bank:
IndusInd Bank’s Q4 FY25 business update showed a 1.4% YoY growth in net advances, reaching Rs 3,47,933 crore, while deposits rose by 6.8% YoY to Rs 4,11,140 crore. However, on a sequential basis, net advances fell by 5.2%, while deposits grew marginally by 0.4%.
Mazagon Dock Shipbuilders Share Price:
The government will exercise its “Oversubscription” or “Greenshoe” option to sell an additional 1.18% stake (47,69,988 shares) in Mazagon Dock Shipbuilders via an Offer for Sale (OFS).
FSN E-Commerce (Nykaa):
Nykaa expects a consolidated net revenue growth of low to mid-20s YoY in Q4 FY25. Its full FY25 revenue growth is expected to remain in the mid-20s. The company also expects strong growth in the Beauty vertical, outpacing industry averages with a GMV growth in the low 30s.
AstraZeneca Pharma India:
AstraZeneca Pharma India has received approval from the Central Drugs Standard Control Organisation to import Osimertinib tablets (TAGRISSO) in 40 mg and 80 mg formulations.
Bajaj Housing Finance:
Bajaj Housing Finance reported a strong 26% YoY growth in its Assets under Management (AUM), reaching Rs 1,14,680 crore as of March 31, 2025. Loan assets stood at approximately Rs 99,500 crore, reflecting a growth from Rs 79,301 crore in the previous year.
Indian Bank:
Indian Bank’s Gross Advances rose by 10.1% YoY to Rs 5.88 trillion at the end of Q4 FY25. The bank’s Total Business reached Rs 13.25 trillion, with a 9.4% YoY increase in Total Deposits, which stood at Rs 7.37 trillion.
Force Motors:
Force Motors saw a 11.02% YoY increase in domestic sales for March 2025, selling 3,606 units across various vehicle categories. However, exports dropped significantly by 77.62% YoY, with 94 units exported.
Godrej Properties:
Godrej Properties has entered into an agreement to develop a 4.4-lakh square feet saleable land parcel in Versova, Mumbai. The estimated revenue potential from this project is Rs 1,350 crore.
Tamilnad Mercantile Bank:
Tamilnad Mercantile Bank reported a 9.58% YoY increase in Total Business for Q4 FY25, which stood at Rs 98,054 crore. Its Total Deposits increased by 8.43% YoY to Rs 53,689 crore, while Gross Advances grew by 11% YoY to ₹44,365 crore.
DCM Ltd Share Price:
DCM Ltd’s board has approved the incorporation of a wholly-owned subsidiary in the US, named DCM Infotech Inc, with an initial investment of $200,000.
Disclaimer:Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
