Stocks to Watch: The domestic equity market is expected to open flat with a positive bias on Friday, May 2, after a holiday on Thursday.
The GIFT NIFTY futures indicate that the NIFTY50 index will open 14 points higher.
In the overnight trade, the Dow Jones Industrial Average rose 83.60 points, or 0.21%, to 40,752.96, the S&P 500 gained 35.08 points, or 0.63%, to 5,604.14, and the Nasdaq Composite gained 264.40 points, or 1.52%, to 17,710.74.
Here is a list of stocks that may remain in focus today.
Eternal Ltd: Eternal, which owns the Zomato and Blinkit brands, on Thursday reported a consolidated net profit of ₹39 crore for the fourth quarter ended March.
The online platform also announced that it was shutting its Zomato Quick and Everyday businesses.
The company, which rebranded itself from Zomato to Eternal in March, had reported a net profit of ₹175 crore in the year-ago period.
The filing showed that Eternal’s revenue from operations in the January-March quarter stood at ₹5,833 crore against ₹3,562 crore a year ago.
Net profit of ₹3,845 crore in January-March – the fourth quarter of April 2024 to March 2025 fiscal year – compared with ₹450.58 crore earnings in the same period a year back, according to a company statement.
The profit rise was helped by a ₹3,286 crore gain made from the sale of stake in Wilmar.
After adjusting for one-time gains from the Wilmar stake sale, the net profit came to ₹1,313 crore.
Adani Ports and Special Economic Zone (APSEZ): The company on Thursday reported a 50% jump in its March quarter net profit and issued a higher year-on-year revenue growth forecast for the current fiscal, citing a strong growth in port volumes and a robust rise in logistics business.
Net profit of ₹3,025 crore in January-March – the fourth quarter of April 2024 to March 2025 fiscal year – compared with ₹2,015 crore earnings in the same period a year back, the company said in a statement.
Cargo handled by APSEZ-operated 15 ports soared 8 % to 118 million tonnes in Q4 and by 7 % to 450 million tonnes in the full fiscal (2024-25).
In the passenger vehicles segment, the company said its utility vehicle sales surged 28 % to 52,330 units in the domestic market last month against 41,008 units in the year-ago period, up 28 %.
Domestic sales for commercial vehicles stood at 22,989 units, M&M said in a regulatory filing.
Maruti Suzuki India: Maruti Suzuki India on Thursday reported a 7 % increase in total sales to 1,79,791 units in April.
The company sold a total of 1,68,089 units in the same month last year, Maruti Suzuki India (MSI) said in a statement.
Its total domestic passenger vehicle sales rose marginally to 1,38,704 units compared to 1,37,952 units in the year-ago month, it added.
Sales of mini-segment cars, comprising Alto and S-Presso, dropped to 6,332 units against 11,519 units in April last year.
TVS Motor Company: TVS Motor Company on Thursday said its overall sales rose 16 % year-on-year to 4,43,896 units in April.
The company sold 3,83,615 units in April 2024.
The total two-wheeler registered a growth of 15 % in sales, increasing from 3,74,592 units in April 2024 to 4,30,330 units in April 2025, the company said in a statement.
Domestic two-wheeler sales increased 7 % year-on-year to 3,23,647 units last month as compared with 3,01,449 units in the year-ago period.
Eicher Motors: on Thursday said its arm VE Commercial Vehicles Ltd posted a 27.3 % increase in total sales at 6,846 units in April 2025 as compared to the same month last year.
VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 5,377 units in April 2024, Eicher Motors said in a regulatory filing.
April 2025 sales included 6,717 units of the Eicher brand and 129 units of the Volvo brand, it added.
Besides this, Royal Enfield on Thursday said its overall sales increased 6 % year-on-year to 86,559 units in April.
The company sold 82,043 units in April last year.
Domestic dispatches to dealers stood at 76,002 units last month, an increase of 1 %, as compared with 75,038 units in April last year.
JSW Energy: JSW Energy on Thursday said its subsidiary JSW Neo Energy Ltd has signed an agreement with Uttar Pradesh Power Corporation Ltd for the procurement of pumped hydro energy storage.
“JSW Neo Energy has signed a pumped hydro storage power procurement agreement (PHSPPA) with Uttar Pradesh Power Corporation Ltd. (UPPCL) for procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage,” the company said.
The PHSPPA is for the supply of energy storage capacity for 40 years, where the company will be entitled to receive a fixed capacity charge of ₹77.2 lakh per MW per annum.
Tata Motors: Tata Motors Ltd on Thursday reported a 6.1 % decline in overall sales to 72,753 units in April 2025.
The company posted the total sales at 77,521 units during April 2024.
Total domestic sales were down 7 % to 70,963 units last month as compared to 76,399 units in April 2024, Tata Motors said in a regulatory filing.
Hyundai Motor India: Hyundai Motor India on Thursday said its total sales declined 5 % year-on-year to 60,774 units in April.
The company’s sales stood at 63,701 units in April last year.
The automaker said its domestic and export sales stood at 44,374 and 16,400 units, respectively, last month.
The company had sold 50,201 units in the domestic market and 13,500 units in overseas regions in April 2024.
The company has also crossed the 9 million cumulative sales mark in India since 1996, it added.
Sundram Fasteners: Auto-component maker Sundram Fasteners Ltd reported a standalone net profit of ₹134.37 crore for the January-March 2025 quarter, driven by strong financial discipline and best practices in quality management and automation, a top official said.
Dixon Technologies: Electronics manufacturing services company Dixon Technologies has entered into a joint venture agreement with Taiwanese IT hardware giant Inventec Corporation for manufacturing personal computers, components, and serve₹in India.
The joint venture, Dixon IT Devices Private Limited, will focus on manufacturing notebook PC products, desktop PC products, including components, and serve₹within India, according to a regulatory filing.
Indus Towers, the telecom infrastructure company, on Wednesday, April 30, reported a net profit of ₹1,779 crore for the March quarter (Q4 FY25), registering a decline of 4% year-on-year.
The revenue for the just-ended quarter came in at ₹7,727 crore, up 7.4% year on year.
Federal Bank: Federal Bank reported a 13.7% increase in its net profit at ₹1,030.23 crore for the January to March quarter as compared to ₹906.20 crore seen in the same quarter last fiscal year.
The bank’s net interest income during the period grew 8.3% to ₹2,377.4 crore as against ₹2,195.2 crore year-on-year (YoY).
The net interest income (NII) is one of the key metrics to assess a banking or financial entity’s financial performance.
JSW Infra: JSW Infrastructure on Wednesday, April 30, declared a 19% year-on-year (YoY) fall in its standalone net profit to ₹84.86 crore in the March quarter of FY25. Its net profit stood at ₹104.70 crore in the corresponding period a year ago.
Coromandel International: Agrochemicals major Coromandel International, on Wednesday, reported a consolidated net profit of ₹578.46 crore for the fourth quarter of FY25, marking a significant over 3-fold jump from ₹163.92 crore in the same quarter last year.
Total income for the fourth quarter stood at ₹5,114.34 crore, reflecting a 28.72% increase compared to ₹3,996.25 crore in the corresponding period of FY24. The company’s total expenses also rose to ₹4,714.65 crore, up from ₹3,764.40 crore, indicating higher costs amid increased activity and expansion initiatives.
Bandhan Bank: Bandhan Bank on Wednesday, April 30, reported a more than five-fold increase in its net profit for the quarter ended March 31, 2025 (Q4 FY25), at ₹318 crore, compared to ₹55 crore logged in the year-ago period.
The surge in profit was driven by lower provisions despite a decline in net interest income (NII). NII is the difference between the interest earned and the interest expended.
NII is one of the key metrics to assess a banking or financial entity’s financial performance.
Paras Defence: Paras Defence and Space Technologies reported a consolidated net profit of ₹19.72 crore for the quarter ended March 31, 2025 (Q4 FY25) on Wednesday, April 30. This translates to an increase of 97.79% year-on-year (YoY) against the ₹9.97 crore profit logged in the year-ago period.
Indian Oil: Indian Oil Corporation (IOC) reported a 152% increase in its standalone net profit at ₹7265 crore for the quarter ending March 31, 2025. The company had reported a net profit of ₹2873.5 crore in the previous quarter of the financial year 2024-25.
The oil firm’s revenue from operations, however, grew marginally to ₹2.17 lakh crore from ₹2.16 lakh crore quarter-on-quarter (QoQ).
