Stocks to watch: From IndusInd Bank to Gensol Engineering – Here’s a list of 10 stocks in focus today – Market News

The Indian stock market had a thrilling run yesterday, with major indices seeing a sharp rise. With so much happening, from companies releasing earnings to new updates coming in, it can feel overwhelming to figure out which stocks are worth tracking today. To make things easier for you, we have picked out a few stocks that will be in focus today due to key developments.

Market recap

Indian equity indices ended on a high note on April 28, with the Sensex rising by 1,005.84 points, or 1.27%, to close at 80,218.37, and the Nifty gaining 289.15 points, or 1.20%, finishing at 24,328.50.

Stocks to watch on April 29, 2025

IndusInd Bank

Arun Khurana, the Deputy CEO and whole-time director of IndusInd Bank, resigned with immediate effect. His exit letter mentioned “recent unfortunate developments” without offering more details, sparking speculation. Khurana had been responsible for the bank’s Treasury operations, making his abrupt departure even more notable.

Aurobindo Pharma

Pharmaceutical giant Aurobindo Pharma reported a fire incident at its penicillin-G manufacturing unit in Andhra Pradesh. Fortunately, the core infrastructure survived, and there were no injuries. The blaze was limited to ancillary equipment near the coal crusher area. While production may face minor disruptions.

Gensol Engineering

The Enforcement Directorate (ED) carried out raids at the offices of Gensol Engineering, a company known for its work in the solar and EV sectors. Operating under the Foreign Exchange Management Act (FEMA), officials seized financial documents, electronic devices, and other records during their search.

Adani Total Gas

Adani Total Gas wrapped up the fourth quarter on a positive note, posting an 8.5% increase in net profit, largely due to higher volumes in its city gas distribution network. Revenue and operating profit rose slightly as well, though margins narrowed a bit compared to the previous quarter.

Oberoi Realty

Oberoi Realty’s latest earnings weren’t too cheerful. The real estate major posted a sharp 45% drop in its net profit for the January-March quarter of FY25, slipping to Rs 433.2 crore from Rs 788 crore a year ago. Revenue also declined by over 12%.

PNB Housing Finance

PNB Housing Finance had a good quarter, with net profit jumping nearly 28% year-on-year to Rs 567 crore. A 20% rise in net interest income fueled the growth. Meanwhile, loan assets crossed Rs 75,000 crore, and assets under management (AUM) topped Rs 80,000 crore by the end of March 2025

UCO Bank

Public sector lender UCO Bank delivered strong results for the fourth quarter. Its total business expanded by 14% over the year, while gross advances surged nearly 18%. Net profit also witnessed a healthy 24% increase to ₹652 crore. The bank’s improved operating profit suggests it is managing both growth and profitability efficiently.

Wipro

Wipro scored a major win by securing a five-year deal to manage and modernize the IT systems of Vorwerk, a Europe-based company. Using its AI-driven infrastructure solutions, Wipro plans to revamp Vorwerk’s tech backbone, showing how Indian IT firms are playing a major role in large-scale digital transformations across the globe.

Tata Technologies

According to CNBC TV18 report, TGP Rise Climate is planning to offload about 3.9% stake in Tata Technologies through a block deal, amounting to roughly 1.59 crore shares.

Kirloskar Electric

Kirloskar Electric Company announced a leadership change, appointing Meena Kirloskar as its Vice Chairperson. A non-executive and non-independent director until now, Meena’s elevation points to the company’s strategy of strengthening its leadership bench as it looks ahead to future challenges.

Earnings to watch today

Several key companies across sectors are set to announce their quarterly earnings on April 29, making it a crucial day for market watchers. Among the anticipated names are financial giants like Bajaj Finance, Bajaj Finserv, and Capital Small Finance Bank, alongside leading players such as Bharat Petroleum Corporation, Ambuja Cements, and IndiaMART InterMESH. Others, including Ceat, Fedbank Financial Services, Five-Star Business Finance, Jana Small Finance Bank, Praj Industries, Punjab & Sind Bank, Schaeffler India, Shoppers Stop, Star Health and Allied Insurance, Trent, UTI Asset Management Company, and Vishal Mega Mart, will also unveil their financial performance.

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