Stocks to Watch on April 7: Tata Motors, Godrej Properties, Bajaj Housing Finance, IndusInd Bank and more

Yes Bank | Private sector lender is facing two senior-level exits across in private and SME banking verticals, prompting a portfolio reshuffle, two people directly aware of the matter told CNBC-TV18 on the condition of anonymity. Dhavan Shah, Country Head of SME Banking, and Akshay Sapru, Country Head of Private Banking & Liabilities Products and Spectrum Banking Business, are the two senior executives who are exiting the bank. The exact reason for their departure could not immediately be ascertained.

Tata Motors | The company’s shares will be in focus after its UK subsidiary, Jaguar Land Rover (JLR), announced a pause in vehicle shipments to the United States, reacting to steep tariffs introduced by President Donald Trump’s administration. The Coventry, England-based luxury automaker confirmed on Saturday it will suspend US exports this month to evaluate options following the imposition of a 25% tariff on imported cars, effective Thursday, a policy that has disrupted global automotive supply chains.

Godrej Properties | The company announced a significant expansion of its Mumbai portfolio with a new project in the prime location of Versova. The company has entered into an agreement for the development of a strategically located land parcel, marking its first venture in this highly desirable Western suburb.

Bajaj Housing Finance | The company’s gross disbursements for Q4 FY25 reached approximately ₹14,250 crore, a notable increase compared to ₹11,393 crore in the same period last year. This represents a substantial year-over-year growth, signalling increased demand for housing finance products. The company’s Assets Under Management (AUM) experienced a significant surge, climbing 26% to approximately ₹1,14,680 crore as of March 31, 2025, compared to ₹91,370 crore as of March 31, 2024. AUM in Q4FY25 grew by approximately ₹6,365 crore.

Indian Bank | The bank reported a 5.1% quarter-on-quarter (QoQ) increase in total business to ₹13.25 lakh crore in its Q4 business update, compared to ₹12.61 lakh crore in the previous quarter. Total deposits grew 5% quarter-on-quarter to ₹7.37 lakh crore, up from ₹7.02 lakh crore, while gross advances rose 5.2% to ₹5.88 lakh crore, compared to ₹5.59 lakh crore in Q3.

Larsen & Toubro | Engineering giant has set up a new subsidiary, L&T Green Energy Kandla Private Limited (LTGEK), to expand its presence in the green hydrogen and derivatives market. The step-down subsidiary was incorporated under L&T Energy Green Tech Limited, a wholly-owned unit of L&T. The company disclosed in a stock exchange filing that LTGEK has an authorised and subscribed capital of ₹1 lakh, divided into 10,000 equity shares of ₹10 each.

TVS Motor | The company announced plans to integrate Singapore-based ION Mobility’s operations into its business, bolstering its electric vehicle presence in South-East Asia. The move will see TVSM absorb ION Mobility’s assets, intellectual property, and core talent. The strategic integration builds upon TVSM’s existing relationship with ION Mobility, where it had previously served as a strategic investor.

IndusInd Bank | The bank’s net advances stood at ₹3.47 lakh crore, up 1.4% YoY but down 5.2% QoQ, weighed down by a 15.1% QoQ drop in corporate banking loans. In contrast, the consumer banking segment expanded 6.3% YoY and 3.4% QoQ. Deposits climbed 6.8% YoY and 0.4% QoQ to ₹4.11 lakh crore, but the bank’s CASA ratio declined to 32.8% from 37.9% YoY and 34.9% QoQ, signalling a shift towards term deposits. Retail and small business deposits totalled ₹1.85 lakh crore, marginally lower than ₹1.88 lakh crore in the previous quarter.

ITC | The company announced the acquisition of a 43.75% stake in Ample Foods Private Limited for approximately ₹131 crore. The acquisition strengthens ITC’s position in the rapidly growing frozen, chilled, and ready-to-cook foods segment in India. AFPL is the parent company of popular brands “Prasuma” and “Meatigo,” known for their ready-to-cook snacks and meals, sauces and condiments, raw and deli meat, local and international marinades, cheese, and frozen foods.

Tata Steel | The company has taken legal action against the Income Tax Department’s reassessment of its taxable income for FY 2018-19 (AY 2019-20). The dispute arises from a ₹25,185.51 crore debt waiver linked to its acquisition of Bhushan Steel (now Tata Steel BSL Limited) through its subsidiary Bamnipal Steel Limited under the Insolvency and Bankruptcy Code (IBC).
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