Stocks to watch: HDFC Bank, Mazagon Dock, Tata Steel, Power Grid, & more with latest updates, expert views & key market moves. Stocks to Watch: HDFC Bank, Mazagon Dock, Tata Steel, Power Grid, Vedanta & More – Latest Market Insights

HDFC Bank

HDFC Bank reported a 14.1% year-on-year increase in deposits, reaching ₹27.15 trillion, and a 5.4% growth in gross advances to ₹26.44 trillion for Q4 FY2025.

Mazagon Dock Shipbuilders

The Indian government plans to divest up to 4.83% of its stake in Mazagon Dock Shipbuilders, offering shares at a floor price of ₹2,525 each, approximately an 8% discount from the stock’s closing price on April 3.

Power Grid Corporation of India

On April 3, shares of Power Grid Corporation surged by 4.34% to close at ₹299.15, outperforming the BSE SENSEX Index, which declined by 0.42%.

Tata Steel

Tata Steel's shares fell by 0.65% to ₹153.65 on April 3, underperforming the broader market. The stock remains 16.77% below its 52-week high of ₹184.60.

Dr. Reddy's Laboratories

Shares of Dr. Reddy's Laboratories edged up by 0.13% to ₹1,151.25 on April 3. Despite this gain, the stock is still 18.94% below its 52-week high of ₹1,420.20.

Asian Paints

Asian Paints' shares rose by 1.82% to ₹2,348.70 on April 3, outperforming a generally weak market session. However, the stock remains 30.80% below its 52-week high of ₹3,394.00. 

NHPC and Symphony

Bajaj Broking Research recommends buying NHPC and Symphony stocks amidst positive market signals, anticipating upward movements in Nifty and Bank Nifty.

Inox India

JM Financial has initiated coverage of Inox India with a 'buy' rating and a target price of ₹1,240, citing its position as India's largest manufacturer of cryogenic equipment.

Sky Gold & Diamonds

Nirmal Bang Securities recommends buying Sky Gold & Diamonds with a target price of ₹482, highlighting its specialization in designing and manufacturing casting gold jewellery for major clients.

CAMS, Aarti Industries, and SJVN

Vaishali Parekh recommends buying CAMS at ₹3,758 with a target of ₹4,000, Aarti Industries at ₹401 targeting ₹430, and SJVN at ₹93 aiming for ₹100. 

Experts suggest buying MRO-Tek Realty at ₹60 targeting ₹65-₹70, IRB Infrastructure at ₹46 targeting ₹49, HFCL at ₹80.20 targeting ₹82.60, and Sportking India at ₹82.40 targeting ₹85.50.

Vedanta, UltraTech Cement, and IT Stocks

Following the announcement of new U.S. tariffs on Indian imports, stocks like Vedanta and UltraTech Cement, along with IT sector stocks, are expected to be in focus due to potential impacts on their operations.

Source: Taken from multiple websites.

Disclaimer
The information provided in this media release is based on current facts and circumstances as of the date of publication. It may contain forward-looking statements, including but not limited to projections, expectations, or assumptions about future events or performance. These forward-looking statements are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Hester Biosciences Ltd does not undertake any obligation to update, revise, or correct any forward-looking statements based on new information or future events. This release is intended for informational purposes only and does not constitute financial, investment, or professional advice.

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