Stocks to Watch Today: HDFC Life, Wipro, Angel One, Waaree Renewable, Om Power Transmission, Rail Vikas Nigam, VST Industries in Focus on April 17.

Stock Market Update: Key Companies to Watch on April 17 and 18

The Indian stock market is expected to be in focus today with several key companies announcing their quarterly earnings. Here's a rundown of the results that are expected to be released today and tomorrow:

Results Today

Several companies, including Jio Financial Services, Bajaj Consumer Care, Aditya Birla Money, Mastek, Blue Blends (India), Eco Hotels and Resorts, Hathway Cable & Datacom, and Infomedia Press, will announce their quarterly earnings today.

Results on April 18

On April 18, HDFC Bank, ICICI Bank, Yes Bank, Bharat Coking Coal, Network 18 Media & Investments, Nilachal Refractories, and Suryachakra Power Corporation will release their quarterly numbers.

Quarterly Earnings

Wipro Q4 (Consolidated YoY)

• Profit falls 1.9% to Rs 3,501.8 crore Vs Rs 3,569.6 crore
• Revenue grows 7.7% to Rs 24,236.3 crore Vs Rs 22,504.2 crore
• IT services revenue rises 7% to Rs 24,016.7 crore Vs Rs 22,445.3 crore
• Dollar IT services revenue increases 2.1% to $2,651 million Vs $2,596.5 million
• Operating margin declines 20 bps to 17.3% Vs 17.5%

HDFC Life Insurance Company Q4 (Consolidated YoY)

• Profit soars 4.65% to Rs 497.5 crore Vs Rs 475.4 crore
• Net premium income rises 9% to Rs 25,998.4 crore Vs Rs 23,843 crore
• Net commission grows 7.8% to Rs 2,784.8 crore Vs Rs 2,583.9 crore
• Value of new business falls 8.4% to Rs 1,261 crore Vs Rs 1,376 crore
• Value of new business margin drops to 24% Vs 26.50%

Angel One Q4 (Consolidated YoY)

• Profit soars 83.5% to Rs 320.2 crore Vs Rs 174.5 crore
• Revenue surges 38.2% to Rs 1,459.4 crore Vs Rs 1,056 crore
• Board approves raising funds up to Rs 1,500 crore via NCDs

Waaree Renewable Technologies Q4 (Consolidated YoY)

• Profit zooms 66% to Rs 155.7 crore Vs Rs 93.8 crore
• Revenue surges 131.3% to Rs 1,102.4 crore Vs Rs 476.6 crore

VST Industries Q4 (YoY)

• Profit soars 120.2% to Rs 116.7 crore Vs Rs 53 crore
• Revenue grows 30.9% to Rs 457 crore Vs Rs 349.2 crore

Stocks to Watch

CESC

• CESC has signed power purchase agreements with four companies—Vismaya Renewables India Project, Hexa Climate Solutions, Purvah Green Power, and Sprng Energy—for the procurement of power from grid-connected wind-solar hybrid power projects.

Rail Vikas Nigam

• Rail Vikas Nigam has emerged as the lowest bidder (L1) for the construction of the 3rd and 4th lines between Nergundi–Barang and Khurda Road–Vizianagaram on the Bhadrak–Vizianagaram section, including the construction of important bridges on an EPC mode. The project is valued at Rs 967.92 crore.

Axis Bank

• Axis Bank said its board will explore the option of fund-raising via the issuance of equity shares or other instruments on April 25, along with the announcement of financial results for the quarter and year ended March 2026.

Kalyani Steels

• Bal Mukand Maheshwari has resigned as Chief Financial Officer of Kalyani Steels, effective May 8.

Bulk and Block Deals

Sudarshan Chemical Industries

| Seller | Quantity | Stake | Purchase Price | Value | | --- | --- | --- | --- | --- | | Nippon India Mutual Fund | 13.82 lakh | 1.76% | Rs 810 | Rs 111.95 crore | | Theleme India Master Fund | 4 lakh | 0.5% | Rs 810 | Rs 32.4 crore |

Zee Entertainment Enterprises

• Vanguard Group-managed Vanguard International Value Fund sold 49.58 lakh shares (0.51 percent stake) in Zee Entertainment Enterprises at Rs 80.36 per share, valued at Rs 39.84 crore.

M & B Engineering

• Abu Dhabi Investment Authority exited M & B Engineering by selling its entire 12.91 lakh shares (2.26 percent stake) at Rs 324.5 per share, amounting to Rs 41.91 crore.

Ind-Swift Laboratories

• HCP Investments sold 4.77 lakh shares in Ind-Swift Laboratories at Rs 143.58 per share, valued at Rs 6.86 crore, and an additional 5 lakh shares at Rs 137.95 per share, amounting to Rs 6.9 crore.

Mainboard Listing

| Company | Ex-Date | Reason | | --- | --- | --- | | Om Power Transmission | Buy Back | Stock Trades Ex-Date | | Aurobindo Pharma | Resolution Plan -Suspension | Stock Trades Ex-Date | | Blue Blends (India) | Dividend | Stock Trades Ex-Date | | Muthoot Finance | Rights | Stock Trades Ex-Date | | Panafic Industrials | Split | Stock Trades Ex-Date | | Pashupati Cotspin | Spin Off | Stock Trades Ex-Date | | Prima Plastics | | |

Stocks in F&O Ban

• SAIL