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Stocks likely to remain in focus today, April 09, include Senco Gold, Home First Finance, Concord Biotech, Sasken Technologies, Vodafone Idea, NTPC, Hindustan Aeronautics, etc.
Several stocks will remain in focus on Wednesday due to multiple of developments.
Stock To Watch Today On April 09: The Indian market rebounded in the previous session due to positive global cues, recovering from Monday’s crash triggered by Donald Trump’s tariff push and China’s retaliation. The Sensex ended at 74,227, up by 1.50 per cent or 1,089 points from the previous close at 73,137. The Nifty also gained 1.69 per cent or 374 points to settle higher at 22,535.
The stark recovery in the Indian stock market mirrored the global market, which saw a general rebound. Against the backdrop of Trump’s tariffs, the RBI will announce its decision on the repo rate in the bi-monthly monetary policy meeting scheduled for April 7-9, 2025. The central bank is likely to cut the repo rate by 25 bps to 6 per cent.
Several stocks will remain in focus on Wednesday due to a number of developments.
Stocks To Remain In Focus On April 09:
Senco Gold Share Price
Robust wedding season demand leads to 23% YoY retail growth. The same demand results in an 18.4% SSSG despite rising gold prices. Revenue reaches the highest ever at Rs 1,300 crore+. Diamond jewellery demand grows 39%. Improved performance led by diamond jewellery sales is likely to improve business margins. The outlook for EBITDA margin is very positive.
Signature Global (India) Q4 Share Price
Pre-sales drop 61% YoY and down 42% QoQ to Rs 1,620 crore. The number of units sold falls 60% YoY and 61% QoQ to 591. The area sold slips 54% YoY and 45% QoQ to 1.36 million square feet. Collections grow 16% YoY and 8% QoQ to Rs 1,170 crore.
Phoenix Mills Q4 & FY25 Share Price
Retail consumption across all operational malls grows 15% YoY to Rs 3,262 crore. Gross residential sales stand at Rs 77 crore, collections at Rs 54 crore in Q4. FY25 retail consumption stands at Rs 13,762 crore, up 21% over FY24. Gross residential sales at Rs 212 crore and collections at Rs 219 crore in FY25.
Home First Finance Company India Share Price
The company launched its Rs 1,250 crore qualified institutions placement (QIP) issue on April 8, with a floor price set at Rs 1,019.25 per share.
Swan Defence and Heavy Industries Share Price
The company has entered into a strategic Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers to enhance indigenous commercial shipbuilding capabilities.
Concord Biotech Share Price
The company has received final approval from the United States Food and Drug Administration (USFDA) to market its Teriflunomide tablets, which are available in 7 mg and 14 mg strengths. Teriflunomide tablets are used for the treatment of patients with relapsing forms of multiple sclerosis. According to IQVIATM, the market size of Teriflunomide tablets is approximately $402 million in the US, and the global market size is approximately $908 million.
Sasken Technologies Share Price
The company’s subsidiary, Sasken Design Solutions Pte, Singapore, acquired 100% of the share capital of BORQS International Holding Corp for $40 million (up to Rs 338 crore). Following this acquisition, BORQS International will become a step-down subsidiary of the company.
Vodafone Idea Share Price
The Board has allotted 3,695 crore equity shares of the company to the Government of India for Rs 36,950 crore. After the allotment, the Government of India’s shareholding in Vodafone stands at 48.99%.
NTPC Share Price
The company has declared the commercial operations of the second part capacity of 90 MW out of the 150 MW Dayapar Wind Energy Project Phase-I in Bhuj, Gujarat. The first part capacity of 50 MW was already declared in commercial operation in November 2023. With this, the total installed and commercial capacity of the NTPC group will become 80,020 MW.
Hindustan Aeronautics Share Price
The Ministry of Defence has given the additional charge of the post of Director (Engineering and R&D) to the company’s Chairman & Managing Director, D K Sunil, for a further period of one month, effective April 9.
GAIL India Share Price
The company has announced the incorporation of its wholly owned subsidiary, GAIL Global IFSC, in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City), Gujarat. GAIL Global IFSC will operate as a finance company in IFSC GIFT City.
NTPC Green Energy Share Price
The company has incorporated NTPC-MAHAPREIT Green Energy, a 74:26 joint venture between the company and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT). NTPC-MAHAPREIT Green Energy will develop renewable energy parks in Maharashtra and any other state in India.
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