Overnight Digest: Stocks to Watch on Monday

Overnight Digest: Stocks to Watch on Monday

Even as markets remain under pressure, stock-specific action is building—earnings, capacity expansion, and fresh investments are set to keep these names in focus on Monday.

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Indian equity benchmarks, the BSE Sensex and Nifty 50, ended sharply lower on Friday, April 24, declining over 1 per cent each. The fall was driven by rising crude oil prices and weakness in IT stocks following disappointing results and a muted revenue outlook.

With the Q4 earnings season underway and multiple corporate developments lined up, several stocks are expected to remain in focus in the coming week. Key triggers include board meetings, financial results, capacity additions, and strategic investments.

1. NTPC Green Energy Ltd

NTPC Green Energy Ltd has announced the commencement of commercial operations for the seventh part capacity of 90 MW out of the 1,200 MW Khavda-II Solar PV Project in Gujarat. The project is being executed by NTPC Renewable Energy Ltd, a wholly owned subsidiary of the Company.

Following this development, the total commercial capacity of the NTPC Green Energy Ltd group has increased to 10,363.90 MW. With the addition of the new capacity, the total installed capacity now stands at 10,453.90 MW. The capacity expansion is expected to support the Company’s long-term renewable growth strategy.

2. IndusInd Bank Ltd

IndusInd Bank Ltd reported a notable rise in key financial metrics for Q4 FY26.

  • Net Interest Income (NII) stood at Rs 4,371 crore, compared to Rs 3,048 crore in Q4 FY25
  • Fee and other income came in at Rs 1,714 crore, against Rs 709 crore in the year-ago period
  • Core fee income was reported at Rs 1,524 crore, compared to Rs 2,304 crore in Q4 FY25
  • Net revenue rose to Rs 6,085 crore, up from Rs 3,757 crore in the corresponding quarter last year

The earnings performance reflects strong growth in core income streams, although a decline in core fee income may remain an area to watch.

3. Balrampur Chini Mills Ltd (BCML)

Balrampur Chini Mills Ltd has approved the setting up of a Lactogypsum Processing Plant at Kumbhi, Uttar Pradesh, as part of its strategy to enhance value addition and sustainability.

The proposed facility will involve an investment of up to Rs 160 crore and will manufacture gypsum boards using lactogypsum, a by-product of the Company’s upcoming Polylactic Acid (PLA) project. The plant is expected to have a production capacity of approximately 76 lakh gypsum boards per annum, with commercial production likely to commence by December 2027.

Disclaimer: The article is for informational purposes only and not investment advice.