Stocks to Watch Today (April 24, 2026): Indian stock markets are expected to remain volatile on Friday as investors react to mixed global signals. Rising crude oil prices and ongoing tensions between the US and Iran are creating a delicate situation and making traders cautious. Nevertheless, initial trends point to a slightly positive start to the day.
The Gift Nifty traded around the 24,233 mark and is at a premium of nearly 70 points over the previous close of Nifty futures. This suggests that domestic indices could open higher. In the previous trading session, Indian stocks faced heavy selling pressure for the second consecutive day. The benchmark Nifty 50 slipped below the key 24,200 level, reflecting weakness in several sectors. The BSE Sensex fell sharply by 852.49 points or 1.09% to close at 77,664. Meanwhile, the Nifty 50 fell 205.05 points or 0.84% to end at 24,173.05.
Stocks to watch today, April 24th
Infosys
The IT giant forecasts constant currency revenue growth of 1.5% to 3.5% for FY27, broadly in line with market expectations. In addition, EBIT margins of between 20% and 22% were targeted. For the March quarter, Infosys posted a net profit of ₹8,501 crore, beating estimates. However, currency-neutral sales fell 1.3% quarter-on-quarter, falling short of expectations. The company has proposed a final dividend of ₹25 per share, subject to shareholder approval.
Tata capital
The company delivered strong performance in the fourth quarter of fiscal 2026. Net profit rose 80.5% year-on-year to ₹1,182 crore, while profit after tax rose 51% to ₹1,459 crore. Assets under management (excluding automobile financing) increased 28% to ₹2.52 lakh crore as of March 31, 2026. The board has recommended a final dividend of ₹0.57 per share.
Himadri Specialty Chemicals
The company reported a solid quarterly performance with net profit rising 33.49% year-on-year to ₹207.53 crore. Revenue also rose 13.5% year-on-year to ₹1,287.76 crore.
Adani Energy Solutions
The company reported mixed results for the fourth quarter of fiscal 2026. Net profit rose marginally year-on-year to around ₹683.8-₹722.65 crore, while revenue rose sharply to ₹7,443 crore. However, EBITDA fell 4.7%, leading to a decline in margins, with margins falling to 28.8% from 35.3% last year.
Cyient
Cyient reported a mixed quarter. Net profit fell 32.6% quarter-on-quarter to ₹65.5 crore, even as revenue rose 4.2% to ₹1,926.9 crore. EBIT fell by 6.8% and margins decreased to 8.09%. The company has agreed to a share buyback of up to 64 lakh shares at ₹1,125 per share, totaling ₹720 crore.
Aditya Birla Real Estate
Its subsidiary Birla Estates recorded strong booking value of ₹8,136 crore for FY26. The NCR region led the growth, driven by strong demand for new launches and steady sales of ongoing projects.
Krishna Institute of Medical Sciences (KIMS)
KIMS has signed a non-commercial brand partnership with Dakshayani Healthcare Services (Renova), an organization focused on oncology, cancer research and hospital management across India.
LTIMindtree
The IT company reported results that were largely in line with expectations. Net profit stood at ₹1,387 crore, slightly above estimates, while revenue stood at ₹11,291.7 crore. On a sequential basis, profit rose 44.6% and revenue rose 4.7%.
Cipla
The pharmaceutical company announced that its US arm has received approval from the US FDA for the first AB-rated generic version of Ventolin HFA. The drug is used to treat and prevent bronchospasm in patients four years and older.
Indian Energy Exchange
The company witnessed steady growth with profit rising 10.8% year-on-year to ₹129.8 crore. Revenue rose 22.5% to ₹174.3 crore. The board has recommended a final dividend of ₹2 per share.
Mahindra Logistics
The company returned to profitability in the fourth quarter of FY26, posting a net profit of ₹20.19 crore compared to a loss a year ago. Revenue rose 14.1% to ₹1,791.4 crore. EBITDA increased 44.6% and margins improved to 6.3% due to better operating efficiency. A final dividend of ₹2.50 per share has been proposed.
UTI asset management company
The company reported weak quarterly performance. Total revenue fell 22.4% to ₹402 crore, while it posted a net loss of ₹67 crore compared to profit in the previous quarter. Despite this, the board declared an interim dividend of ₹40 per share.
In short, markets are likely to remain sensitive to global developments, particularly crude oil price movements and geopolitical tensions. While a positive open is likely, volatility may continue throughout the session as investors remain cautious.
Disclaimer: This article is for informational purposes only and does not constitute financial advice; Investors should consult a financial advisor before making any financial decisions.
