Indian Stock Market Highlights 22 April, Check stocks in Focus Today

On Tuesday, April 22, 2025, the Indian stock market showed positive momentum, with benchmark indices opening higher. The Nifty 50 rose by 0.38% to 24,217.7, and the BSE Sensex increased by 0.43% to 79,750.18. Financial stocks led the gains, buoyed by the Reserve Bank of India’s liquidity-enhancing measures, which eased funding pressures on banks. Notably, Kotak Mahindra Bank and HDFC Bank saw significant upticks.

Stocks in Focus

• Hindustan Unilever (HUL) completed the acquisition of a 90.5% stake in Uprising Science, the parent company of skincare brand Minimalist, for ₹2,706.44 crore. This move aligns with HUL’s strategy to strengthen its presence in the premium skincare segment.
• Coal India, in collaboration with Damodar Valley Corporation, announced plans to establish a 1,600 MW coal-fired power plant in Jharkhand, investing ₹16,500 crore. This project aims to meet the growing electricity demand in the region.
• NTPC signed a 300 MW Power Purchase Agreement with Brookfield’s Evren to develop a renewable energy project integrating solar, wind, and battery storage technologies. The initiative focuses on providing efficient power during peak hours.
• Tata Power Renewable Energy, a subsidiary of Tata Power, partnered with Tata Motors to develop a 131 MW wind-solar hybrid project. The project is expected to generate approximately 300 million units of renewable electricity annually, supporting Tata Motors’ sustainability goals.
• Prestige Estates Projects plans to double its residential project launches in FY26, targeting key markets such as Bengaluru, Mumbai, Hyderabad, and Delhi-NCR. This expansion follows a strong performance in FY25, where the company launched 26.28 million square feet of projects.
• Vedanta’s promoter group entities secured a facility agreement worth approximately ₹4,514 crore ($530 million) to manage financial obligations.
• Gandhar Oil Refinery signed a Memorandum of Understanding with the Jawaharlal Nehru Port Authority to develop a terminal at Vadhvan Port. The project, estimated at ₹1,000 crore, aims to enhance marine services and cargo handling capabilities.
• Mazagon Dock Shipbuilders appointed Captain Jagmohan as the new Chairman and Managing Director, with his tenure expected to continue until September 2029.

Earnings Reports

• Tata Investment Corporation reported a 37.7% year-on-year decline in net profit for Q4 FY25, with revenue from operations decreasing by 71.2%.
• Anant Raj announced a 51.5% year-on-year increase in consolidated net profit to ₹118.6 crore for Q4 FY25, driven by improved operational efficiency.
• Mahindra Logistics reported a consolidated net loss of ₹6.75 crore in Q4 FY25, an improvement from the previous year’s loss of ₹12.85 crore. Revenue from operations increased by 8.19% year-on-year to ₹1,569.51 crore.

Disclaimer: This information is for educational purposes only and does not constitute investment advice.