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Stocks to Watch Today, April 23: SBI Life, Trent, Tata Communications, Jio Financial, PNB and others

Stocks to Watch Today, April 23: SBI Life, Trent, Tata Communications, Jio Financial, PNB and others

ETNow.in 1 week ago

Stocks to Watch Today, April 23: Indian stock market investors will track key earnings and corporate developments on April 23, with companies like SBI Life Insurance Company, Delta Corp, Trent, Tata Communications and Havells India in focus.

Q4 results, profit growth, revenue trends, and major announcements, including deals, partnerships, and regulatory updates are likely to drive stock-specific action, making these stocks to watch today in the Indian stock market.

Here's the full list of stocks to watch in today's trading session:

Stocks to Watch Today

Q4 Update

CompanyWhy in focus
SBI Life Insurance CompanyProfit down 1.1 per cent; premium income up 16 per cent
Delta CorpProfit plunges 90 per cent; revenue declines 11.7 per cent
TrentProfit rises 32.6 per cent; revenue up 19.2 per cent
L&T Technology ServicesProfit grows 6.8 per cent; revenue increases 8.3 per cent
Tata CommunicationsProfit drops 74.7 per cent; revenue up 9.4 per cent
Havells IndiaProfit jumps 39.9 per cent in the March quarter

SBI Life Insurance Company

Profit down 1.1 per cent; premium income up 16 per cent

SBI Life Insurance Company reported a 1.1 per cent decline in profit to Rs 804.6 crore compared to Rs 813.5 crore earlier, while net premium income increased 16 per cent to Rs 27,683.8 crore from Rs 23,860.7 crore.

Delta Corp

Profit plunges 90 per cent; revenue declines 11.7 per cent

Delta Corp reported a sharp 90 per cent decline in profit to Rs 16.45 crore from Rs 164.56 crore, with revenue falling 11.7 per cent to Rs 161.3 crore versus Rs 182.65 crore.

Trent

Profit rises 32.6 per cent; revenue up 19.2 per cent

Trent reported a 32.6 per cent increase in profit to Rs 413.1 crore compared to Rs 311.6 crore, while revenue grew 19.2 per cent to Rs 5,028 crore from Rs 4,216.9 crore.

L&T Technology Services

Profit grows 6.8 per cent; revenue increases 8.3 per cent

L&T Technology Services reported a 6.8 per cent rise in profit to Rs 332.1 crore versus Rs 311.1 crore, and revenue increased 8.3 per cent to Rs 2,857.9 crore from Rs 2,637.8 crore.

Havells India

Profit jumps 39.9 per cent in March quarter

Havells India reported a 39.9 per cent increase in consolidated net profit to Rs 723.39 crore for the March quarter, up from Rs 517 crore in the same period last year.

Tata Communications

Profit drops 74.7 per cent; revenue up 9.4 per cent

Tata Communications reported a 74.7 per cent decline in profit to Rs 263.3 crore compared to Rs 1,040.3 crore, while revenue rose 9.4 per cent to Rs 6,554.2 crore from Rs 5,990.4 crore.

Corporate Announcements

CompanyWhy in Focus
Tata PowerLaunches EZ Home Solutions
Punjab National BankPartners with Kiwi for credit-enabled UPI
Jio Financial ServicesForms insurance JV with Allianz
Supriya LifescienceGets USFDA EIR with VAI status
Bandhan BankRBI clears Debasish Panda as chairman
360 ONE WAMBuys 13 per cent stake in Bengaluru project

Tata Power

Launches EZ Home Solutions

Tata Power announced the launch of EZ Home Solutions, offering easy-to-use smart home technology solutions.

Punjab National Bank

Partners with Kiwi for credit-enabled UPI

Punjab National Bank announced a strategic partnership with Kiwi to enable credit-based UPI payments for its 180 million customers.

Jio Financial Services

Forms insurance JV with Allianz

Jio Financial Services announced a binding agreement with Allianz Group to form a 50:50 joint venture for general and health insurance.

Supriya Lifescience

Gets USFDA EIR with VAI status

Supriya Lifescience announced that it has received an Establishment Inspection Report from the USFDA with Voluntary Action Indicated status for its Lote facility.

Bandhan Bank

RBI clears Debasish Panda as chairman

Bandhan Bank announced that the Reserve Bank of India has approved the appointment of Debasish Panda as part-time chairman for a period of three years.

360 ONE WAM

Buys 13 per cent stake in Bengaluru project

360 ONE WAM announced that, through its real assets funds, it has acquired a 13 per cent stake in a 7.7 million sq ft commercial project in Bengaluru for Rs 1,125 crore.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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