Stocks To Watch Today: HDFC Bank, BEL, Maruti Suzuki, Bharti Airtel, Reliance, And Others – News18
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Stocks to watch: Shares of HDFC Bank, BEL, Maruti Suzuki, Bharti Airtel, Reliance, And Others will be in focus today, i.e. April 03.
Stocks To Watch Today: HDFC Bank, BEL, Maruti Suzuki, Bharti Airtel, Reliance, And Others in focus.
Stocks To Watch Today In India: The Indian stock market is expected to open lower on Thursday following US President Donald Trump’s announcement of a 26% “Discounted Reciprocal Tariff” on Indian goods. Following the introduction of “Liberation Day” tariffs on several countries, Asian markets were shaken, with major indices in Asia falling by 2-3 per cent. Japan’s Nikkei 225 dropped 3 per cent during intra-day trading, while South Korea’s Kospi fell by 1 per cent.
Several export-oriented sectors in India, including automotive and software, will need to adjust to the new global dynamics, characterized by higher tariffs and lower margins.
Reliance Industries
Reliance Industries has initiated the construction of its first Compressed Bio-Gas (CBG) plant in Andhra Pradesh, as part of its ambitious Rs 65,000 crore investment in green energy projects.
Bharat Dynamics Limited (BDL)
State-run Bharat Dynamics Limited (BDL) has posted a remarkable 40% revenue growth, surpassing Rs 3,300 crore in turnover for FY 24. Notably, the company achieved a 640% surge in exports, reaching over Rs 1,200 crore. BDL’s order book stands at around Rs 22,700 crore.
Nokia and Bharti Airtel
Telecom giants Nokia and Bharti Airtel are expanding their partnership with the deployment of Nokia’s Packet Core and Fixed Wireless Access solutions. This move aims to enhance Airtel’s 4G/5G network experience and reduce operational costs.
HDFC Bank
HDFC Bank has come under scrutiny after the Securities and Exchange Board of India (SEBI) issued an administrative warning for non-compliance with regulatory guidelines, following an inspection of the bank’s custody activities.
Maruti Suzuki
India’s largest car manufacturer plans to increase prices on seven models starting April 8, citing higher input costs, operational expenses, regulatory updates, and the addition of new features.
Hindustan Zinc
Hindustan Zinc has reported a 4% year-on-year (YoY) rise in mined metal production in its fourth-quarter production update.
Tata Communications
The Board of TC Netherlands has approved a proposal to repurchase issued share capital worth €16.718 million from Tata Communications International Pte (TC Singapore), a direct wholly-owned subsidiary of the company. Following this buyback, TC Netherlands will become a direct wholly-owned subsidiary of Tata Communications.
Bharat Electronics
Bharat Electronics has secured a ₹593 crore contract with the Indian Air Force to provide maintenance services for the Akash Missile System, which the company had previously supplied.
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