Key Stocks to Watch on April 24: Waaree Energies, RIL, Infosys, Cyient, Tata Capital, and More

The domestic equity market is expected to open in the green on Friday, April 24. GIFT NIFTY futures suggest that the NIFTY50 index will open 77 points higher.

Here is a list of stocks that may remain in focus today:

Earnings Today As per the BSE list, 29 companies are slated to announce their financial results for the quarter ended March 31, 2026 (Q4 FY26). The list includes notable names such as Reliance Industries (RIL), Hindustan Zinc (HZL), Adani Green, Indusind Bank, Can Fin Homes, Chennai Petroleum Corporation, Lodha Developers, Shriram Finance, and Zensar Technologies, among others.

Infosys IT major Infosys reported a 20.8% rise in consolidated net profit to ₹8,501 crore in the January-March quarter. The company guided for a 1.5% to 3.5% revenue growth for FY27, driven by momentum in financial services, utilities, and AI services. The top management noted a strong start to the calendar year but pointed out a change in the economic environment due to the West Asia conflict, which appears to be stabilizing.

Waaree Energies, Vikram Solar Shares of solar module manufacturers and exporters like Waaree Energies, Premier Energies, and Vikram Solar will be in the spotlight on April 24. This is due to the US imposing preliminary anti-dumping duties on solar cells and panels imported from India, Laos, and Indonesia. The U.S. Commerce Department calculated preliminary duty rates, called 'dumping margins', of 123.04% for imports from India, 22.46% for imports from Laos, and 35.17% for imports from Indonesia, according to Reuters.

Bharat Coking Coal (BCCL) Bharat Coking Coal Ltd. (BCCL), a subsidiary of Coal India, announced a scheme to encourage higher coal offtake and reduce costs for power consumers buying coal during the April–June period of the current financial year. This initiative aims to improve coal supply, ensure steady electricity, and support India's self-reliance goal amid global energy issues. The scheme will apply to all eligible power sector consumers, and incentives will depend on the actual coal lifted by power firms via rail, road, or road-cum-rail modes.

Saatvik Green Energy Saatvik Green Energy acquired an 80% equity stake in Melcon Transformers and Electricals Pvt Ltd, a Jaipur-based transformer manufacturer. The share purchase agreement was signed on April 23, 2026. Melcon, incorporated in 2005, designs and manufactures transformers that enable reliable transmission and distribution of energy. Its portfolio includes oil-type, dry-type, auxiliary, and energy-efficient transformers ranging from 5 kVA to 12,500 kVA (up to 33 kV class).

Tata Capital Non-bank lender Tata Capital reported a 43% jump in the March quarter net profit at ₹1,502 crore on a consolidated level. The company is exercising extra diligence while disbursing loans to MSMEs to manage risks associated with the West Asia crisis. Core net interest income came at ₹3,477 crore for the quarter, with a 29% growth in assets under management to ₹86,653 crore. The net interest margin remained stable at 5.2%.

Himadri Speciality Chemical Clean-tech company Himadri Speciality Chemical posted a 33% jump in consolidated net profit at ₹207.53 crore for the quarter ended March 2026, supported by a rise in revenues. Total income rose to ₹1,349.85 crore from ₹1,148.16 crore in January-March FY25. For the entire fiscal, the net profit was ₹755.07 crore, higher than ₹555.09 crore as of March 31, 2025. Total income rose to ₹4,831.99 crore from ₹4,664.32 crore. The board recommended a final dividend of 80 paise per equity share and approved a proposal to incorporate a foreign, wholly owned step-down subsidiary in Guangzhou, China.

Aditya Birla Real Estate Aditya Birla Real Estate, one of the leading real estate developers in the country, reported a marginal increase in sale bookings to ₹8,136 crore last fiscal amid strong housing demand. Birla Estates, a wholly owned subsidiary, has reported a booking value of ₹8,136 crore for FY2026, following an exceptionally strong previous year. The company's sale bookings stood at ₹8,087 crore in 2024-25.

Indian Energy Exchange (IEX) Indian Energy Exchange (IEX) posted an 11% rise in consolidated net profit to ₹129.77 crore for the March quarter. Total income rose to ₹196.43 crore from ₹174.59 crore in January-March FY25. For the entire fiscal year, the profit was ₹492.92 crore, up from ₹429.16 crore as of March 31, 2025. Total income rose to ₹746.95 crore from ₹657.36 crore. The board recommended a final dividend of ₹2 per equity share. IEX traded the highest-ever electricity volume of 141.1 billion units in FY26, marking a year-on-year rise of 17%.

Balrampur Chini Mills Sugar firm Balrampur Chini Mills Ltd will invest ₹160 crore to set up a lactogypsum processing plant in Uttar Pradesh and raise up to ₹450 crore through the issue of preferential shares to promoters and investors. The company revised upwards its capital expenditure on a new polylactic acid (PLA) manufacturing plant in UP by ₹230 crore to nearly ₹3,100 crore. The proposed plant, with an installed capacity of about 76 lakh gypsum boards per annum, will process lactogypsum generated as a byproduct from its PLA manufacturing operations.

Adani Energy Solutions Adani Energy Solutions Ltd (AESL) posted a marginal rise of 1.3% in its consolidated net profit at ₹723 crore for the quarter ended March 2026. Total income rose to ₹7,588.08 crore from ₹6,596.39 crore logged in January-March FY25. For the entire fiscal, the net profit was ₹2,392.75 crore, over a twofold jump from ₹921.69 crore as of March 31, 2025. Total income rose to ₹28,325.16 crore from ₹24,446.55 crore.

LTM (Formerly LTIMindtree) IT major LTM (formerly LTIMindtree) reported a 23.37% rise in consolidated net profit to ₹1,392.3 crore in the January-March quarter of FY26. The company's revenue from operations increased by 15.55% to ₹11,291.7 crore in Q4 FY26, compared to ₹9,771.7 crore in Q4 FY25. For the full fiscal year of 2025-26, the company's profit was 9.12% higher at ₹5,018.1 crore, while revenue from operations was up 11.31% at ₹42,307.6 crore.

Cyient The IT services firm Cyient Ltd announced a share buyback alongside its March quarter results. The company’s board approved a buyback of up to 64 lakh equity shares, representing 5.76% of the total paid-up equity share capital. The buyback will be carried out at a price of ₹1,125 per share, for an aggregate amount of up to ₹720 crore, payable in cash.