Stocks to Monitor: PNB Housing Finance, NELCO, Ugro Capital, TVS Motor, JSW Steel, Apeejay Surrendra, Indosolar in Focus on April 21

Stock Market Update: Key Announcements and Developments

The Indian stock market is set for a busy day with several key announcements and developments expected to shape the market's trajectory. In this article, we take a closer look at the stocks that will be in focus today.

Quarterly Earnings

Several companies will announce their quarterly earnings today, including:

| Company | Profit Growth (YoY) | Revenue Growth (YoY) | | --- | --- | --- | | PNB Housing Finance | 14.4% to Rs 648.7 crore | - | | NELCO | - | 17.3% to Rs 79.2 crore | | Ugro Capital | -27.1% to Rs 29.55 crore | - | | Indosolar | 4.9% to Rs 42 crore | -56.7% to Rs 83.1 crore | | SML Mahindra | 2.4% to Rs 54.2 crore | 16.4% to Rs 897.65 crore |

Key Developments

• TVS Motor Company has entered into a Joint Development Agreement with Hyundai Motor Company for the development, manufacturing, and commercialisation of electric micromobility three-wheelers.
• JSW Steel has signed a joint venture agreement with South Korea's POSCO to set up a 6 mtpa greenfield steel plant in Odisha.
• RPP Infra Projects has appointed Venkatesan Elliah Naidu as its Chief Executive Officer for a period of one year, effective April 20.
• Apeejay Surrendra Park Hotels has signed two hotel management agreements for the development of Zone Connect by The Park in Ayodhya and Ujjain.
• AU Small Finance Bank will consider fundraising via qualified institutional placement (QIP), preferential allotment, or other alternative modes on April 27, and will also announce its financial results for the quarter and financial year ended March 2026.

Bulk Deals

• Ind-Swift Laboratories: HCP Investments sold 7 lakh shares (0.8 percent stake) of Ind-Swift Laboratories on the BSE at Rs 131.14 per share, amounting to Rs 9.17 crore.
• HEG: GDN Ventures sold 10 lakh shares (0.51 percent stake) in HEG at Rs 631.02 per share, amounting to Rs 63.1 crore.

Stock in F&O Ban

• SAIL will be out of F&O ban today.