Stocks to Watch: April 29, 2025
Indian equities continue their upward trajectory, buoyed by robust foreign portfolio investments (FPIs), optimism surrounding a potential U.S.-India trade agreement, and strong corporate earnings. The Nifty 50 has climbed 6.6% over the past nine sessions, propelled by an influx of approximately $4.11 billion from FPIs—the most sustained buying spree since July 2023 .
🔍 Key Stocks in Focus
Reliance Industries Ltd (NSE: RELIANCE)
Shares of Reliance Industries surged up to 3.4% on Monday, reaching their highest level since late October. This rally follows a stronger-than-expected fourth-quarter profit, driven by robust performance in the company's telecom and retail segments. Analysts have responded positively, with several raising their price targets and upgrading ratings .​Reuters
TVS Motor Company Ltd (NSE: TVSMOTOR)
TVS Motor reported a 76% year-on-year increase in standalone profit after tax, reaching â‚ą852 crore for Q4FY25. Revenue also grew by 17%, indicating strong demand in the two-wheeler segment. The company's performance positions it as a key player in the automotive sector .
UltraTech Cement Ltd (NSE: ULTRACEMCO)
UltraTech Cement posted a 10% year-on-year rise in profit, aided by volume growth. The company's board has announced a final dividend of ₹77.50 per share, reflecting confidence in its financial health and future prospects .​
Tata Technologies Ltd (NSE: TATATECH)
Tata Technologies remains in focus amid ongoing investor interest. The company's strategic initiatives and performance metrics are being closely watched by market participants .​
Gensol Engineering Ltd (NSE: GENSOL)
Gensol Engineering is attracting attention due to its involvement in renewable energy projects. Investors are keeping an eye on the company's growth trajectory in the green energy sector.
đź“Š Market Overview
The Indian stock market's resilience is evident as it continues to attract substantial foreign investments. The potential finalization of a U.S.-India trade deal within the week adds to the positive sentiment . Additionally, the rupee has strengthened, closing at 85.03 per U.S. dollar, its best performance in over two weeks, supported by the buoyant equity market .​