< -5%

-5% to -3%

-3% to 0%

Tilaknagar Ind

Kati Patang

Radico Khaitan

Allied Blenders

Northern Spirit

United Brewerie

Sula Vineyards

Assoc Alcohol

United Spirits

Piccadily Agro

Globus Spirits

BCL Industries

GM Breweries

0% to 3%

Som Distillerie

Jagatjit Ind

Piccadilly Sug

3% to 5%

Fratelli Vineya

Silver Oak

Monika Alcobev

Winsome Brew

Ravi Kumar Dist

Stocks in Focus on April 8: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation

* Stocks in Focus on April 8: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation

shorts/business/stocks-to-watch-today-infosys-aurobindo-pharma-swan-defence-arvind-smartspaces-prostarm-info-cleanmax-icra-dredging-corporation-in-focus-on-08-april

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and order wins, here’s a quick look at which stocks will be in focus in today's trade:

Quarterly Business Update

Ashiana Housing Q4 (YoY)

Area booked rises 32% to 11.19 lakh sqft Vs 8.48 lakh sqft

Value of area sold jumps 124.4% to Rs 1,289.7 crore Vs Rs 574.7 crore

Number of units booked at 665 units Vs 597 units

Stocks to Watch

Infosys

The company announced a strategic collaboration with Harness to accelerate agentic AI-led software delivery transformation for enterprises globally.

GAIL (India)

The company has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier Energy Fidelity.

The charter party agreement was executed between GAIL and Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas.

Aurobindo Pharma

The company has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Dapagliflozin and Metformin hydrochloride extended-release tablets in strengths of 5 mg/500 mg, 5 mg/1000 mg, 10 mg/500 mg, and 10 mg/1000 mg. These are bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Xigduo XR tablets of AstraZeneca.

These products will be manufactured at Unit IV of the company’s subsidiary, APL Healthcare, and will be launched immediately.

Dapagliflozin and Metformin hydrochloride extended-release tablets are used as an adjunct to diet and exercise to improve glycaemic control in adults with Type 2 diabetes mellitus.

Biocon

The global biopharmaceutical company announced the commercial launch of Bosaya (denosumab-kyqq) and Aukelso (denosumab-kyqq) in the United States.

Both products were previously approved and granted interchangeable designation by the US Food and Drug Administration in September 2025.

Swan Defence and Heavy Industries

The company has received a new order worth Rs 1,500–3,000 crore from Energy ONE for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers.

These will be the first ammonia dual-fuel ships built in India. The first vessel is expected to be delivered in October 2029.

Prostarm Info Systems

The company has received a Letter of Award (LoA) as a subcontractor from Solarium Green Energy for executing complete engineering, procurement, and construction (EPC) works worth Rs 165 crore for a 50 MWac solar PV power project, excluding three years of operation and maintenance (O&amp;amp;M) services in Maharashtra.

Additionally, the company has signed a Memorandum of Understanding (MoU) with Shenzhen Topband Co to explore a potential strategic alliance for exclusive cooperation in battery energy storage systems (BESS).

The company has signed a residential high-rise project in Goregaon (West), Mumbai. The project has a topline potential of around Rs 2,400 crore, with a total saleable carpet area of approximately 0.67 million sq ft.

Arvind SmartSpaces

The company has signed a residential high-rise project in Goregaon (West), Mumbai. The project has a topline potential of around Rs 2,400 crore, with a total saleable carpet area of approximately 0.67 million sq ft.

The project is being developed in partnership with Sigma Oxford Realtors.

Clean Max Enviro Energy Solutions

The renewable energy solutions provider announced the commissioning of its 185 MW hybrid renewable energy project at Kalavad, which is expected to add over Rs 165 crore annually to its revenue base in FY27 once stabilised.

Comprising integrated solar and wind capacity, the project has been developed over approximately 12 months and will supply green energy to 17 corporate customers.

Aditya Birla Capital

The Competition Commission of India has approved a primary capital investment of around Rs 2,750 crore in the company’s subsidiary, Aditya Birla Housing Finance, from Indriya, one of the entities of Advent International.

Dredging Corporation of India

The company has entered into a significant Memorandum of Understanding (MoU) with Colombo Dockyard Plc, strengthening regional maritime cooperation between India and Sri Lanka.

Muthoot Finance

The Board of Directors will meet on April 10 to consider an interim dividend for the financial year 2025–26.

SRF

The Assessment Unit of the Income Tax Department has issued a final assessment order wherein additions to taxable income aggregating Rs 30.54 crore were made. However, a technical error resulted in a tax demand of Rs 327.44 crore, including interest of Rs 101.77 crore.

The said demand is due to a technical error on the part of the Income Tax Department. The management believes the entire demand will be reversed upon rectification of the error, for which a rectification application has been filed. As a precautionary measure, the company has also filed an appeal before the Income Tax Appellate Tribunal (ITAT).

Aditya Birla Real Estate

The company’s subsidiary, Birla Estates, has achieved bookings exceeding Rs 1,600 crore for its luxury project, Birla Arika Phase 2 in Gurugram.

Nearly 97% of the residences (152 out of 156 units) were sold within a month of launch, underlining strong buyer confidence in the brand’s luxury developments.

Bulk Deals

ICRA

Nippon India Mutual Fund has purchased an additional 1.44 lakh shares (1.5% stake) in ICRA for Rs 73.56 crore through two transactions, at a price of Rs 5,075 per share.

Nippon Life India Trustee, through its Nippon India Small Cap Fund, already held a 6.88% stake in the rating agency as of March 2026.

Cello World

Goldman Sachs Funds, through its Goldman Sachs India Equity Portfolio, sold 13.82 lakh shares (0.62% stake) in Cello World at Rs 401 per share, valued at Rs 55.45 crore.

The global fund house held a 1.34% stake in the company as of December 2025.

Mahanagar Gas

Eastspring Investments India Equity Open Fund, part of Prudential plc, offloaded 7.25 lakh shares (0.73% stake) for Rs 69.39 crore at Rs 957.01 per share.

Eastspring Investments held a 1.14% stake in Mahanagar Gas prior to the transaction.

Sai Parenterals

Non-institutional investor Bhaskara Rao Bollineni has purchased an additional 5.12 lakh shares (1.15% stake) in the company at Rs 409.25 per share, valued at Rs 20.96 crore.

Bhaskara Rao already held a 2.9% stake in the company as of March 2026.

Stock Trades Ex-Dividend

Varun Beverages

Stock Trades Ex-Date for Rights

Gravity India

Stock in F&amp;amp;O Ban

Sammaan Capital

Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April

Nippon India MF buys additional 1.5% stake in ICRA, Goldman Sachs sells over Rs 55 crore worth shares in Cello World, Eastspring Investments sells 0.73% stake in Mahanagar Gas

* Nippon India MF buys additional 1.5% stake in ICRA
* Goldman Sachs sells over Rs 55 crore worth shares in Cello World
* Eastspring Investments sells 0.73% stake in Mahanagar Gas

shorts/business/nippon-india-mf-buys-additional-1-5-stake-in-icra-goldman-sachs-sells-over-rs-55-crore-worth-shares-in-cello-world

Nippon India Mutual Fund on April 7 has acquired additional 1.5 percent equity stake worth more than Rs 73 crore in rating agency ICRA via open market transactions.

ICRA shares closed with 0.16 percent gains at Rs 5,115.5 with highest volumes, while the traded volumes were the highest in a single session since July 3, 2025. The stock has seen consolidation for last five-six sessions.

Nippon India Mutual Fund has bought 1.44 lakh shares (1.5 percent stake) for Rs 73.56 crore via two transactions. The buying price was Rs 5,075 per share.

Nippon Life India Trustee through its Nippon India Small Cap Fund already held 6.88 percent stake in the rating agency as of March 2026.

Meanwhile, the small action was also seen in Cello World, the houseware company, which shares rose 0.21 percent to Rs 402.65 on the National Stock Exchange.

Goldman Sachs Funds through its Goldman Sachs India Equity Portfolio sold 13.82 lakh shares (0.62 percent stake) in Cello World at Rs 401 per share, valued at Rs 55.45 crore. The global fund house held 1.34 percent shares in the company as of December 2025.

Mahanagar Gas was also in focus, falling 0.58 percent to Rs 955. Eastspring Investments India Equity Open, the part of Prudential plc's Eastspring Investments, offloaded 7.25 lakh shares (0.73 percent stake) for Rs 69.39 crore. The selling price was Rs 957.01 per share.

Eastspring Investments was holding 1.14 percent stake in Mahanagar Gas, the natural gas distribution company.

Non-institutional investor Bhaskara Rao Bollineni has bought additional 5.12 lakh shares (1.15 percent stake) in Sai Parenterals, the pharmaceuticals company, at Rs 409.25 per share, valued at Rs 20.96 crore. Bhaskara Rao already held 2.9 percent stake in the company as of March 2026.

Perhaps, the stock may have reacted to the above deal, rising 0.64 percent to Rs 409.25.

In GSP Crop Science, PSL has bought 2.5 lakh shares at Rs 388.29 per share, however, Longthrive Capital VCC through Gamma View Funds sold same number of shares at Rs 388.25 per share, valued at Rs 9.7 crore.

Nippon India MF buys additional 1.5% stake in ICRA, Goldman Sachs sells over Rs 55 crore worth shares in Cello World

IT stocks rose up to 4 percent, leading Nifty IT index gains., Nifty IT index extended gains for fourth straight session., TCS to kick off IT earnings season with Q4 results on April 9.

* IT stocks rose up to 4 percent, leading Nifty IT index gains.
* Nifty IT index extended gains for fourth straight session.
* TCS to kick off IT earnings season with Q4 results on April 9.

IT stocks like Mphasis, Wipro, HCL Technologies, and LTIMindtree rose up to 4%, boosting the Nifty IT index amid expectations of strong Q4 results and short covering. The sector showed resilience despite broader market weakness and recent corrections.

shorts/business/mphasis-wipro-hcl-tech-rise-up-to-4-as-it-shares-lead-nifty-gains-index-up-2

Shares of Mphasis, Wipro, HCL Technologies and LTIMindtree rose up to 4 percent on Tuesday, leading gains in the Nifty IT index on expectations of a better-than-anticipated March quarter.

Buying in IT stocks helped the benchmark Nifty recover and trade higher in the afternoon session after falling as much as 1 percent in early trade. IT shares showed resilience through the session even as the broader market remained weak.

The sector had seen a sharp correction in recent months, with analysts noting that stocks were in the oversold zone.

Ruchit Jain of Motilal Oswal Financial Services said IT stocks had witnessed a sharp correction over the past couple of months, with momentum indicators in the oversold zone. He said short covering ahead of the quarterly results appeared to be driving the current rally.

The Nifty IT index rose 2.5 percent in today session, extending gains for the fourth straight session. The index has gained 7.61 percent during this period. All 10 constituents of the index were trading in the green.

Ajit Mishra, SVP – Research at Religare Broking, added, &quot;EPS upgrades driven by rupee depreciation, along with recent deal wins, are supporting a rebound in IT stocks ahead of earnings. However, investors should remain cautious and await earnings outcomes and management commentary for clearer directional cues.&quot;

Mphasis was the top gainer, rising over 4 percent. Wipro and HCL Technologies gained 3.32 percent and 2.74 percent, respectively.

Shares of Tata Consultancy Services, Infosys, Persistent Systems and Tech Mahindra rose up to 2.5 percent.

VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said the IT segment has shown strength despite overall market weakness and may offer near-term trading opportunities. He said the segment could benefit from better-than-expected fourth-quarter results and a weaker rupee.

Tata Consultancy Services is set to kick off the earnings season for IT majors with its fourth-quarter results on April 9.

Wipro, meanwhile, saw stock-specific buying after signing an eight-year strategic deal with Olam Group.

However, brokerage firms said leading Indian IT companies are likely to report another subdued quarter, with revenue and profit growth seen at around 10 percent year-on-year, largely supported by a weaker rupee.

They added that uncertainties due to geopolitical tensions, weak discretionary spending and concerns around artificial intelligence are likely to weigh on client budgets. Revenue guidance for the next financial year will remain a key focus for investors.

Tata Consultancy Services, Infosys, HCL Technologies and other software exporters are scheduled to report their fourth-quarter results starting April 9.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Mphasis, Wipro, HCL Tech rise up to 4% as IT shares lead Nifty gains; index up 2%

Hindalco and Vedanta shares rose after JPMorgan upgraded ratings., JPMorgan sees aluminium price gains and stronger profits., Price targets raised, signaling up to 22% upside for both.

* Hindalco and Vedanta shares rose after JPMorgan upgraded ratings.
* JPMorgan sees aluminium price gains and stronger profits.
* Price targets raised, signaling up to 22% upside for both.

Shares of Hindalco Industries and Vedanta rose after JPMorgan upgraded both to "overweight," citing sustained higher aluminium prices and improved profitability. Price targets were raised, indicating potential upsides of 20-22% for each stock.

shorts/business/hindalco-vedanta-shares-rise-up-to-3-as-jpmorgan-sees-up-to-22-upside-on-better-profitability

Shares of Hindalco Industries and Vedanta rose up to 3 percent in Tuesday’s trade after global brokerage JPMorgan upgraded both stocks, citing expectations of sustained higher aluminium prices and improved profitability.

JPMorgan has raised its rating on the two companies to &quot;overweight&quot; from &quot;neutral&quot; and increased their price targets, indicating potential upside of up to 22 percent.

Shares of Hindalco Industries climbed over 4 percent to Rs 964.9 per share on the NSE, extending gains for the fifth straight session. The stock has risen nearly 10 percent during this period.

The brokerage has increased Hindalco’s price target to Rs 1,125 per share from Rs 875, implying a potential upside of about 20 percent from its previous close, according to a CNBC-TV18 report.

JPMorgan said earnings at Hindalco’s subsidiary Novelis have likely bottomed out and expects improved profitability, supported by the restart of the Oswego plant and gains from higher scrap spreads.

Vedanta shares also advanced over 4 percent to Rs 718.95 per share on the NSE.

The brokerage has raised Vedanta’s price target to Rs 850 per share from Rs 680, indicating a potential upside of about 22 percent from its previous closing level, CNBC-TV18 added.

JPMorgan noted that Vedanta’s risk-reward has turned favourable, with its estimated enterprise value to EBITDA for FY2027 at around 4 times. It added that strength in aluminium and zinc businesses is expected to offset weakness in oil and gas volumes.

The brokerage said geopolitical tensions in West Asia could keep aluminium prices elevated for a longer period. It expects earnings growth to be driven by higher prices on the London Metal Exchange and rupee depreciation.

It also noted that the Iran conflict has led to supply disruptions due to smelter outages.

According to the brokerage, tailwinds from the commodity cycle could help ease recent debt concerns for both companies, while the recent correction in stock prices has made valuations more attractive.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Hindalco, Vedanta shares rise up to 3% as JPMorgan sees up to 22% upside on better profitability

Several stocks remained in focus on April 7 as corporate updates, order wins and regulatory developments drove stock-specific action in the market.

Shyam Metalics &amp;amp; Energy rose about 8 percent after reporting its fourth-quarter business update, supported by strong growth in its stainless steel segment. Stainless steel sales volumes increased 22.46 percent to 27,287 metric tons, compared with 22,282 metric tons a year earlier, while average realizations rose 4.89 percent to Rs 1.49 lakh per metric ton from Rs 1.42 lakh. Pellet sales volumes remained largely stable, declining marginally by 0.12 percent.

Deep Industries gained 5 percent after securing an order worth Rs 59 crore from Oil and Natural Gas Corporation (ONGC). The contract involves providing natural gas compression, dehydration and related services at ONGC’s Rajahmundry asset over a three-year period.

Godrej Consumer Products advanced about 2 percent after reiterating its growth outlook for the March quarter. The company expects double-digit sales growth and high single-digit underlying volume growth in Q4 FY26, supported by steady demand conditions, easing food inflation and normalization in trade channels. It added that EBITDA margins are likely to remain within the normative range, aided by cost efficiencies.

Titagarh Rail Systems rose 5 percent after its subsidiary received in-principle approval from the Ministry of Ports, Shipping and Waterways for a brownfield expansion project in West Bengal under the government’s shipbuilding development programme.

PDS surged 10 percent after entering into a sourcing-as-a-service agreement with a US-based value retailer. The contract is expected to generate sourcing volumes of around Rs 450 crore, with scope for gradual scale-up.

Alcohol Sector Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Alcohol sector stocks.

Gainers/Losers

Sector Market Map

Earnings Review-Q4 FY25-26

Stock News

Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April

Nippon India MF buys additional 1.5% stake in ICRA, Goldman Sachs sells over Rs 55 crore worth shares in Cello World

Mphasis, Wipro, HCL Tech rise up to 4% as IT shares lead Nifty gains; index up 2%

Hindalco, Vedanta shares rise up to 3% as JPMorgan sees up to 22% upside on better profitability

Buzzing Stocks: Shyam Metalics, Deep Industries, Titagarh Rail, PDS gain on updates, orders

Alcohol Sector StocksCheck latest stock performance, list of stocks, earnings review & more details about the Alcohol sector stocks.

Gainers/Losers

Sector Market Map

Earnings Review-Q4 FY25-26

Stock News

Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info, CleanMax, ICRA, Dredging Corporation in focus on 08 April

Nippon India MF buys additional 1.5% stake in ICRA, Goldman Sachs sells over Rs 55 crore worth shares in Cello World

Mphasis, Wipro, HCL Tech rise up to 4% as IT shares lead Nifty gains; index up 2%

Hindalco, Vedanta shares rise up to 3% as JPMorgan sees up to 22% upside on better profitability

Buzzing Stocks: Shyam Metalics, Deep Industries, Titagarh Rail, PDS gain on updates, orders

Alcohol Sector Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Alcohol sector stocks.