Indian Stock Market Set to Open Higher Today, Stocks in Focus Today

The Indian stock market is gearing up for a positive start on Friday, April 25, 2025, as it recovers from a session of profit booking. Investors are now looking forward to a series of earnings reports for the March quarter. With global markets showing encouraging signs, the Indian equity market is expected to begin trading higher. According to GIFT NIFTY futures, the NIFTY50 index is likely to open with a gain of about 144 points.

Key Stocks in Focus

1. Axis Bank: Axis Bank’s profit for the quarter ending March showed a slight dip. The net profit was ₹7,115.7 crore, down by approximately 0.2% compared to last year’s figures. However, the bank’s net interest income (NII) increased by 5.5%, reaching ₹13,810 crore. Axis Bank also made notable progress in asset quality, with the gross non-performing asset (NPA) ratio falling to 1.28%, and the net NPA ratio down to 0.33%. Investors will likely respond positively to the bank’s steady performance and its improvement in managing bad loans.
2. Tech Mahindra: Tech Mahindra had an impressive March quarter, reporting a massive 76% year-on-year increase in its net profit, which reached ₹1,167 crore. Its quarterly revenue also grew by 4% to ₹13,384 crore. The company’s earnings before interest and tax (EBIT) rose by 4.1%, reaching ₹1,405 crore, with a margin of 10.5%. Tech Mahindra secured new deals worth $798 million in the quarter and $2.7 billion for the entire year, highlighting its strong business growth. However, constant currency revenue showed a slight 1.5% decline, which could be a point of concern.
3. L&T Technology Services: L&T Technology Services reported a decline in its net profit for Q4, which fell by 3.5% to ₹311 crore. However, the company’s revenue from operations rose by 12.4% to ₹2,982 crore. Despite the increase in revenue, the company’s EBIT declined by 6.6%, and its margin stood at 13.2%. The company has announced a final dividend of ₹38 per share for the fiscal year ending March 2025. These results fell below expectations, which may affect the stock performance.
4. SBI Life Insurance: SBI Life Insurance showed a modest increase in net profit for Q4, which rose by 0.3% to ₹813.5 crore. However, its net premium income dropped by 5% to ₹23,860 crore. On a positive note, the company saw a 17.2% increase in net commission income, which amounted to ₹997.8 crore. These mixed results may influence investor sentiment.
5. Adani Energy Solutions: Adani Energy Solutions saw a remarkable 79% increase in net profit for the March quarter, reaching ₹647 crore. This impressive growth in earnings suggests a strong revenue boost, which could lead to positive movement in the company’s stock.
6. Macrotech Developers: Macrotech Developers posted a 38% increase in its consolidated profit for Q4, reaching ₹921.7 crore. This growth was driven by higher income, which may attract investors looking for growth opportunities in the real estate sector.
7. Supreme Industries: Supreme Industries saw a decline of 17% in its net profit for Q4, which dropped to ₹293.94 crore. However, the company’s revenue from operations increased by 0.6% to ₹3,027 crore. The decrease in profit could be a concern for investors, though the rise in revenue offers some reassurance.
8. Indian Energy Exchange (IEX): IEX reported a solid performance in the March quarter, with its net profit increasing by over 21% to ₹117.11 crore. This growth reflects the company’s successful operations in the energy exchange sector.

Other Key Updates

1. Gensol Engineering: Gensol Engineering may face selling pressure after the Enforcement Directorate detained its promoters, Anmol and Puneet Singh Jaggi, under the Foreign Exchange Management Act (FEMA) for alleged financial irregularities. The company’s premises in Delhi, Gurugram, and Ahmedabad were searched, which could affect investor confidence.
2. IndusInd Bank: IndusInd Bank is in the spotlight after reports surfaced that it had stopped accepting new microfinance customers. The bank clarified that it had not received any instructions from the Reserve Bank of India to make such a change, which may reassure investors and stabilize the stock.
3. Bharat Heavy Electricals Ltd. (BHEL): A fire broke out at BHEL’s Bhopal plant, but it was quickly contained with no damage reported. As a result, the incident is not expected to have a significant impact on the company’s stock.
4. Power Grid Corporation: Power Grid Corporation’s subsidiary, POWERGRID Energy Services, has begun commercial operations of an 85 MW solar plant in Ujjain, Madhya Pradesh. This marks a significant step in increasing the company’s renewable energy capacity, which may attract investors interested in green energy initiatives.
5. Gujarat Industries Power Company Ltd.: Gujarat Industries Power Company has successfully commissioned the first phase of a 75 MW group captive solar project as part of its commitment to renewable energy. This green energy initiative may help the company attract sustainable investment.

Conclusion

The Indian stock market is set for a positive start, with various companies reporting their earnings and making strategic moves that could influence stock prices. Investors are keenly watching the results from companies like Axis Bank, Tech Mahindra, and Adani Energy Solutions, while also keeping an eye on regulatory developments and shifts in the green energy sector. Keep track of these stocks to make informed investment decisions based on their performance and outlook for the coming quarters.