Indian equities markets closed lower on Wednesday due to low global sentiment and cautious trading before the monthly F&O expiry. Here are the stocks that could dominate Thursday’s trading.
Stocks to watch out
IndusInd Bank
Stocks of IndusInd Bank may face investor backlash after Sebi issued an interim order in an insider trading case involving former CEO Sumanth Kathpalia and four other officers.
SAIL
SAIL (Steel Authority of India) announced an 11.1% increase in consolidated net profit for Q4FY25, reaching Rs 1,251 crore compared to Rs 1,125.68 crore in the same quarter last year. Its income also increased by 4.9% to Rs 29,316 crore.
SJVN
SJVN has issued a Letter of Award (LoA) to Reliance Power’s subsidiary for a solar and battery energy storage system (BESS) project. The project brings the company’s renewable energy pipeline to 2.4 GW of solar DC and more than 2.5 GWH of BESS capacity.
Natco Pharma
Natco Pharma reported a 5% increase in fourth-quarter net profit to Rs 406 crore, with revenue up 16% to Rs 1,287.3 crore and EBITDA at Rs 548 crore. Profit margins, however, fell slightly.
Bata India
Bata India reported a 27.7% decrease in Q4 net profit to Rs 46 crore, while revenue fell marginally. Operating profit and profit margins also declined significantly.
