Market Movers: NTPC, BPCL, Max India, and Signature Global
Trading activity is expected in stocks such as NTPC, BPCL, Max India, and Signature Global today, influenced by the RBI policy, global market signals, and company updates. Traders will be closely watching these stocks.
Stocks to Watch:
Indian stock markets may open weakly on Wednesday (April 9th) due to declines in US markets and concerns related to Donald Trump's tariff policies. GIFT Nifty futures were trading 270 points down, indicating a bearish market trend.
RBI Policy-Related Sector Stocks in Focus
Stocks from sectors like banking, auto, and real estate will be under investor scrutiny today. The Reserve Bank of India will announce its monetary policy today, potentially leading to volatility in repo rate-sensitive companies.
BPCL and Sembcorp JV: Focus on Green Energy
BPCL has established a joint venture with Sembcorp Green Hydrogen India to pursue projects related to green hydrogen and ammonia. This will strengthen the company's green energy portfolio.
Max India: Fund Raising Plan Under Scrutiny
Max India's board will consider a proposal to raise funds by issuing equity shares or other securities on April 15th. This could bolster the company's future strategies.
Signature Global: Record Pre-Sales and Collections
Real estate company Signature Global registered ₹10,290 crore in pre-sales in FY25, its highest ever. The company's annual collection stood at ₹4,380 crore, reflecting a 41% growth.
Phoenix Mills: Increased Residential Sales
Phoenix Mills recorded gross residential sales of ₹77 crore and collections of ₹54 crore in Q4FY25. For the entire fiscal year, sales totaled ₹212 crore and collections reached ₹219 crore.
Shyam Metalics: Growth in Aluminium and Steel Segments
Shyam Metalics' aluminum foil sales increased by 27% in FY25, while stainless steel sales grew by 18% in Q4 and 66% for the entire year.
Senco Gold: Jewellery Stock Shines with Record Revenue
Senco Gold's retail sales increased by 23% in Q4FY25, generating a record revenue of ₹1,300 crore. Total revenue for FY25 stood at ₹6,200 crore, showcasing a 19.4% growth.
NTPC: Acceleration in Renewable Projects
NTPC has commissioned the second part (90 MW) of its 150 MW Daya Par Wind Project Phase-1 in Gujarat. This will further strengthen the company's renewable portfolio.
