Here is a quick look at stocks that are likely to focus in contemporary trade. Shares to look at: Wipro, Indusind Bank, Swiggy, Ireda, Vedanta among shares that are in focus today. Here is a quick look at stocks that are likely to focus in contemporary trade. Wipro It Major Stock will remain in focus on Wednesday, as the company will announce its earnings in the fourth quarter today. Indusind Bank The bank received a report from an independent agency emphasizing the contradictions in its derivative transactions. From June 2024, the report estimates a negative impact of £ 1.979 crore from these transactions. On an after-tax base, the agency calculated a 2.27% reduction in the net worth of the bank from December 2024 due to these problems. The bank will account for this impact in its financial statements for FY25 and will continue to improve internal controls regarding derivative accounting operations. Gensol Engineering The regulator of the capital markets, Sebi, issued an interim order against Gensol Engineering and his promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, after findings of financial mismanagement and distraction of funds. SWIGGY The food delivery enterprise has entered into a memorandum of understanding (sleeve) with the Ministry of Labor and Employment to promote the Portal of the National Career Service (NCS), with the aim of generating more than 12 Lakh employment opportunities in the next 2 to 3 years. Aster DM Healthcare The Competition Commission of India (CCI) has approved the proposed merger of Quality Care India Ltd (Qcil) with ASTER DM Healthcare through a merger scheme. After the merger, the combined entity will be renamed to Aster DM Quality Care. Ireda Indian Renewable Energy Development Agency (IREDA) reported an increase of 49% on a year-on-year in its consolidated net profit for the March quarter, with a crore of £ 502, higher than £ 337 in the same period last year. NHPC NHPC announced the start of commercial operations for Unit 3 (200 MW) of the Parbati-II hydroelectric project (4×200 MW) in Himachal Pradesh. ICICI LOMBARD The company reported a 30.7% increase in profit after tax (PAT), reaching £ 2,508 crore in FY2025, higher than 1.919 crore in FY2024. The board of directors recommended a final dividend of £ 7 per share for FY2025. Vedanta Cairn Oil & Gas acquired 7 additional blocks in the Open Acreage Licensing Policy (OALP) round IX auction. The newly acquired assets consist of 4 landside and 3 shallow water blocks located in the hydrocarbon -rich regions of Cambay, Saurashtra and Mumbai. This latest expansion brings Cairn’s total portfolio to 69 blocks nationwide. Tata Consultancy Services The Andhra Pradesh government granted 21.16 hectares of land in Visakhapatnam to Tata Consultancy Services (TCS) at a nominal cost of only 99 paisa. Sources indicate that TCS intends to invest £ 1,370 crore in its Vizag facility and generate about 12,000 jobs. Mahanagar Gas The company’s award of natural gas of administrative pricing mechanism (APM) was cut by 18%, with effect from April 16, compared to the award of the previous two weeks. The reduced APM volume will be replaced with new well/Put Intervention gas (NWG). This decline in the award of APM gas is expected to negatively affect the profitability. However, the company actively examines different strategies to reduce the impact. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions. First Published: 16 Apr 2025, 07:30 AM IST
Shares to look at: Wipro, Indusind Bank, Swiggy, Ireda, Vedanta under shares that focus today | Einsmark news
