Stocks to Watch Today (April 30, 2026):Â The stock market is likely to see active movement today as several companies have reported earnings, announced strategic deals, or shared expansion plans. In the previous session on April 29, the Indian stock market ended on a positive note, but it failed to hold on to early gains. Profit booking at higher levels triggered a sharp decline in the latter half of the day, trimming a large part of the intraday rise.
Stocks to Watch Today (April 30, 2026)
Adani Power, Bajaj Finance, Adani Green, Larsen & Toubro, IIFL Finance, Motilal Oswal Financial Services, Navin Fluorine International and others are in focus after strong earnings, stake deals, divestment plans and expansion updates, while the broader market ended higher but saw profit booking pressure in the previous session.
Adani Power
Adani Power delivered a strong performance in the latest quarter, reporting a significant rise in profitability. The company’s net profit jumped 52% year-on-year to ₹4,017 crore, compared to ₹2,637 crore in the same period last year. This sharp increase highlights improved operational efficiency and strong demand in the thermal power segment.
Bajaj Finance
Bajaj Finance posted a steady and consistent performance for the March quarter. The company’s net profit grew 22% year-on-year to ₹5,465 crore, up from ₹4,480 crore in the corresponding quarter last year. The results reflect stable growth in its lending business and continued strength in its financial services operations.
Emcure Pharmaceuticals
Emcure Pharmaceuticals saw a notable stake transaction involving a global investor. Norges Bank, acting on behalf of the Government Pension Fund Global, acquired 18 lakh shares, representing a 0.9% stake in the company, for ₹289.47 crore. The shares were purchased from BC Investments IV, an affiliate of Bain Capital, at a price of ₹1,608.2 per share. As of March 2026, BC Investments IV held a 3.87% stake in the company.
Accretion Pharmaceuticals
Accretion Pharmaceuticals attracted investor attention after Unicorn Fund bought 67,200 equity shares in the company. This investment indicates growing interest in the pharma sector and reflects confidence in the company’s potential.
Larsen & Toubro
Larsen & Toubro announced a major divestment move as part of its strategic restructuring. The company has entered into a Share Purchase Agreement with Hyderabad Metro Rail Limited to sell its entire stake in L&T Metro Rail (Hyderabad) Limited. The deal is valued at ₹1,461.47 crore and is expected to help the company streamline its business focus.
Adani Green
Adani Green Energy is planning a major expansion in the renewable energy space. The company aims to add up to 15,000 gigawatt-hours (GWh) of battery energy storage capacity every year. This ambitious initiative is expected to involve investments worth thousands of crores and reflects the company’s focus on strengthening its clean energy portfolio.
Motilal Oswal Financial Services
Motilal Oswal Financial Services reported mixed financial results for the March quarter. The company’s revenue from operations surged 125% year-on-year to ₹2,676 crore, compared to ₹1,190 crore last year. Operating profit also rose 25% to ₹661 crore, marking the highest-ever quarterly operating profit. However, EBITDA declined by 27% to ₹204 crore from ₹279 crore. Despite strong revenue growth, the company reported a wider consolidated net loss of ₹221 crore, compared to ₹65 crore in the same quarter last year.
IIFL Finance
IIFL Finance delivered a robust performance in the fourth quarter, supported by strong growth across key metrics. The company’s net profit surged to ₹586.8 crore from ₹207.7 crore in the same period last year. Its standalone performance was equally strong, with Net Interest Income rising 92% to ₹993 crore and Profit After Tax jumping to ₹509 crore from ₹38 crore. The company’s Assets Under Management reached ₹1.08 lakh crore, registering a 10% quarter-on-quarter and 38% year-on-year growth.
Navin Fluorine International
Navin Fluorine International reported impressive growth in profitability for the fourth quarter. The company’s net profit more than doubled to ₹213 crore, compared to ₹95 crore in the same period last year, reflecting strong operational performance and improved margins.
Disclaimer: The information provided above is for informational purposes only and should not be considered as financial or investment advice. Stock market investments are subject to market risks, Readers are advised to consult a qualified financial advisor to make any financial decision
