A new trading day brings fresh stock market action. Some companies are making headlines with tax notices, leadership changes, and record-breaking sales. Others are facing challenges like missed targets and lower production. Here’s a look at the top stocks in focus today.
Market recap
Indian stock markets declined for the second straight session on Tuesday. The BSE Sensex dropped by 1,390 points (1.8%) to close at 76,024, while the NSE Nifty lost 354 points (1.5%) to settle at 23,165.
Stocks to watch on April 2, 2025 Coal India
Coal India produced 85.8 million tonnes of coal in March 2025, 3.1% lower than last year. Some divisions posted growth, but key units saw a decline, leading to a shortfall in annual production targets.
Swiggy
Food delivery giant Swiggy has been asked to pay Rs 158.25 crore in taxes for the year 2021-22. Authorities claim discrepancies in cancellation charges and interest income. The company is reviewing the order.
ALSO READSEBI extends deadline for retail algo trading rules implementation Bharat Electronics
State-run Bharat Electronics Ltd. (BEL) secured orders worth Rs 18,715 crore for FY25, lower than its projection of Rs 25,000 crore. However, the company’s revenue growth exceeded expectations.
TVS Motor Company
TVS Motor Company posted its highest-ever annual sales, selling 4.74 million units in FY25, a 13% rise. In March, sales grew 17% to 4,14,687 units, with exports rising 23%.
Maruti Suzuki
Maruti Suzuki reported a 3% rise in total sales for March 2025, reaching 1,92,984 units. While growth continued, it was lower than expected, causing a dip in the stock price.
ALSO READMotilal Oswal’s top Buy recommendations at this hour KEC International
KEC International secured new projects worth Rs 1,236 crore. The contracts include power projects in the UAE, Kuwait, and India, strengthening its presence in the infrastructure sector.
Dabur India
Dabur India has received a Rs 110.33 crore tax demand for the financial year 2017-18. The company believes some of the charges are due to calculation errors and is considering its next steps.
Pidilite
Adhesives and construction chemicals maker Pidilite has named Sudhanshu Vats as its new Managing Director. He will officially take charge on April 10,
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