Stocks to Watch Today, 30th April 2025: IndusInd Bank, Bajaj Finance, BPCL, CEAT, and more

Indian share markets are set to see a potentially dull-to-negative start today, April 30, driven by negative global leads. The GIFT Nifty, a crucial benchmark, was trading in the red, signaling a weak start to the day's trading session. On April 29, the Nifty 50 and BSE Sensex closed slightly higher, with the Nifty 50 rising 7.45 points (0.03%) to 24,335.95 and the Sensex rising 70.01 points (0.09%) to close at 80,288.38. Though there has been recent upward action, market action was choppy on Tuesday. Concerns over border tensions were reported, though foreign investors were said to continue purchasing Indian shares, and world markets sent bullish signals. Market attention today is likely to be on stock-specific catalysts based on quarterly earnings, leadership transitions, and strategic corporate disclosures. Volatility could continue as investors respond to macroeconomic cues and firm-specific information.

Key Stocks in Focus

IndusInd Bank is under the limelight after the sudden resignation of CEO, Sumant Kathpalia, on grounds of "moral responsibility" due to suspected irregularities in the bank's derivatives book. This sudden change in leadership comes at a time when regulatory and internal scrutiny are on the rise. The board of the bank has asked the Reserve Bank of India (RBI) to allow a group of senior managers to handle CEO responsibilities temporarily until the next appointment.

Bajaj Finance declared strong March quarter results with solid double-digit increases in net profit and net interest income (NII). Bajaj Finance reported a 16% YoY increase in standalone net profit to ₹3,940 crore for the March 2025 quarter, and quoted a 19% YoY increase in consolidated net profit at ₹4,546 crore, where net interest income increased 22% to ₹9,807 crore. Total revenue for January-March 2024-25 rose to ₹15,808 crore. The board has suggested a final dividend of ₹44 per share. Key corporate developments include approval of a 4:1 bonus issue and a 1:1 stock split. The stock split means splitting each ₹2 share into two ₹1 shares. A special dividend of ₹12 per share was also announced, partly funded by gains from the partial sale of Bajaj Housing Finance's IPO last year. Aggregate assets under management (AUM) are said to have increased 26% YoY at ₹4,16,661 crore.

Bajaj Finserv too posted a good quarter with a 14% YoY growth in consolidated net profit to ₹2,416.6 crore for Q4FY25. Revenue was up by 14.2% at ₹36,595 crore or ₹35,596 crore on the back of expansion in its insurance and lending segments. The board has declared a dividend of ₹1 per share, which is 100% on the face value of ₹1.

Bharat Petroleum Corporation Limited (BPCL) reported a net profit of ₹3,214 crore in the March 2025 quarter, the improvement is due to better refining margins and operational efficiencies. Quarter-on-quarter, profit declined by 31% from the October-December 2024 quarter (₹4,649.20 crore). The fall is due to losses on sale of subsidised domestic cooking gas LPG and reduced refining margins. Topline also dipped marginally by 1.7% to ₹1,11,179 crore. The board declared a final dividend of ₹5 per share.

CEAT tyre maker reported below-par Q4 numbers for FY25. While revenue rose 14% YoY to ₹3,420.6 crore or ₹3,421 crore, net profit fell 8.4% YoY to ₹99.5 crore or 3% to ₹99 crore. Margin pressures and input prices took a toll on profitability even as the top line increased. The company had delivered a net profit of ₹102 crore in the corresponding quarter last fiscal year. The board declared a dividend of ₹30 per share.

Other players with significant developments include: 

Infosys introduced a new AI-driven product for SAP S/4HANA Cloud. 

State Bank of India (SBI) will be meeting its board on May 3 to consider options to raise funds in FY26, including FPO, rights issue, or QIP, in addition to reviewing Q4 and FY25 numbers. 

Prestige Estates got RERA approval for its residential development 'The Prestige City – Indirapuram' in NCR with estimated Gross Development Value (GDV) of over ₹9,000 crore. 

Fedbank Financial Services registered 6% YoY growth in net profit to ₹71.7 crore in Q4FY25, as NII rose 34.6% to ₹283.3 crore. 

IndiaMART InterMESH posted a large 49.3% quarter-on-quarter jump in consolidated net profit to ₹180.6 crore in Q4FY25. 

Tata Technologies witnessed private equity player TPG offload a 3.9% stake for ₹1,068 crore in an open market transaction. 

Shoppers Stop reported a steep fall in consolidated profit (91.4%) to ₹1.99 crore in the March quarter, although revenue rose by 1.68% to ₹1,064 crore. 

Jana Small Finance Bank saw a 61.6% YoY decline in net profit to ₹123.5 crore for March quarter, even as NII increased marginally.

Also, a number of other companies are set to report their March quarter results today, including Adani Power, Bandhan Bank, Exide Industries, Federal Bank, Indian Oil Corporation, Sona BLW Precision Forgings, and Vedanta.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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