Stocks to Watch Today (April 24,2026): Indian stock markets are expected to remain volatile on Friday as investors react to mixed global signals.
Rising crude oil prices and ongoing tensions between the US and Iran are creating dicey situation, making traders cautious. Despite this, early trends indicate a slightly positive start for the day.
The Gift Nifty was trading around the 24,233 level, showing a premium of nearly 70 points over the previous close of Nifty futures. This suggests that domestic indices may open on a higher note. In the previous trading session, Indian equities faced strong selling pressure for the second consecutive day. The benchmark Nifty 50 slipped below the important 24,200 mark, reflecting weakness across multiple sectors. The BSE Sensex dropped sharply by 852.49 points, or 1.09%, closing at 77,664. Meanwhile, the Nifty 50 fell 205.05 points, or 0.84%, ending at 24,173.05.
Stocks to Watch Today, April 24
Infosys
The IT giant has forecast revenue growth of 1.5% to 3.5% in constant currency for FY27, largely in line with market expectations. It has also guided EBIT margins between 20% and 22%. For the March quarter, Infosys posted a net profit of ₹8,501 crore, beating estimates. However, revenue in constant currency declined by 1.3% sequentially, missing expectations. The company has proposed a final dividend of ₹25 per share, subject to shareholder approval.
Tata Capital
The company delivered a strong performance in Q4FY26. Net profit jumped 80.5% year-on-year to ₹1,182 crore, while profit after tax increased 51% to ₹1,459 crore. Assets under management (excluding motor finance) grew 28% to ₹2.52 lakh crore as of March 31, 2026. The board has recommended a final dividend of ₹0.57 per share.
Himadri Speciality Chemical
The company reported a solid quarterly performance, with net profit rising 33.49% year-on-year to ₹207.53 crore. Revenue also increased 13.5% to ₹1,287.76 crore compared to the previous year.
Adani Energy Solutions
The company posted mixed results for Q4FY26. Net profit increased slightly year-on-year to around ₹683.8-₹722.65 crore, while revenue grew strongly to ₹7,443 crore. However, EBITDA declined by 4.7%, leading to margin compression, with margins falling to 28.8% from 35.3% a year ago.
Cyient
Cyient reported a mixed quarter. Net profit declined 32.6% sequentially to ₹65.5 crore, even as revenue rose 4.2% to ₹1,926.9 crore. EBIT dropped 6.8%, and margins narrowed to 8.09%. The company has approved a share buyback of up to 64 lakh shares at ₹1,125 per share, totaling ₹720 crore.
Aditya Birla Real Estate
Its subsidiary, Birla Estates, recorded strong booking value of ₹8,136 crore for FY26. The NCR region led growth, driven by strong demand for new launches and steady sales in ongoing projects.
Krishna Institute of Medical Sciences (KIMS)
KIMS has signed a non-commercial brand partnership with Dakshayani Healthcare Services (Renova), an organisation focused on oncology, cancer research, and hospital management across India.
LTIMindtree
The IT firm reported results largely in line with expectations. Net profit came in at ₹1,387 crore, slightly above estimates, while revenue stood at ₹11,291.7 crore. On a sequential basis, profit jumped 44.6% and revenue increased 4.7%.
Cipla
The pharmaceutical company announced that its US arm has received approval from the US FDA for the first AB-rated generic version of Ventolin HFA. The drug is used to treat and prevent bronchospasm in patients aged four years and above.
Indian Energy Exchange
The company reported steady growth, with profit rising 10.8% year-on-year to ₹129.8 crore. Revenue increased 22.5% to ₹174.3 crore. The board has recommended a final dividend of ₹2 per share.
Mahindra Logistics
The company returned to profit in Q4FY26, posting a net profit of ₹20.19 crore compared to a loss last year. Revenue rose 14.1% to ₹1,791.4 crore. EBITDA grew 44.6%, and margins improved to 6.3% due to better operating efficiency. A final dividend of ₹2.50 per share has been proposed.
UTI Asset Management Company
The company reported weak performance on a quarterly basis. Total income fell 22.4% to ₹402 crore, while it posted a net loss of ₹67 crore compared to a profit in the previous quarter. Despite this, the board declared an interim dividend of ₹40 per share.
In short, markets are expected to remain sensitive to global developments, especially crude oil price movements and geopolitical tensions. While a positive opening is likely, volatility may persist throughout the session as investors stay cautious.
Disclaimer: This article is for informational purposes only and not financial advice; investors should consult a financial advisor before making any financial decisions.