Today, several major companies including Maruti Suzuki, Tech Mahindra, and Axis Bank will be under investor scrutiny due to their quarterly results and significant updates.
Stock Market Today: Today, investors' attention will be focused on several large and prominent stocks. Many companies are announcing their March quarter (Q4FY25) results, while other significant company-related news is also attracting investor attention.
Which stocks will be in focus today?
1. Maruti Suzuki, Tata Tech, Tech Mahindra
These three companies will be releasing their quarterly results today. Their performance is of particular importance to investors.
2. Adani Energy Solutions
The company reported a net profit of ₹647 crore in the March quarter, a significant year-on-year increase of 79%. This is attributed to b performance in its transmission and distribution business.
3. L&T Technology Services (LTTS)
LTTS reported a net profit of ₹311.1 crore this quarter, approximately 3% lower than the previous quarter.
4. IndusInd Bank
The bank has clarified that there are no restrictions on acquiring new customers in the microfinance segment and that no such directives have been received from the RBI. Business continues as usual.
5. Axis Bank
The bank reported a net profit of ₹7,117.5 crore this quarter. This is approximately the same as last year, indicating a stable performance.
6. Gujarat Industries Power Company
The company has commenced operations of the first phase (25 MW) of its 75 MW solar project in Vastaan. This is a significant step in the company's green energy expansion.
7. BHEL
A minor fire incident occurred at the Bhopal unit, but there was no damage, and the situation is now under control.