Stocks To Watch: Infosys, Cyient, Mahindra Logistics, CIE Automotive In Focus On April 24

Stocks to watch today include Infosys, Cyient, Mahindra Logistics, CIE Automotive India, Bluestone Jewellery and Lifestyle, Inventurus Knowledge Solutions, and Mehul Telecom as investors track earnings, corporate actions, and deal announcements.

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Earnings Announcements And Key Financials

Infosys reported a 20.9% year-on-year rise in consolidated net profit to ₹8,501 crore for Q4 FY26, while revenue increased 13.4% to ₹46,402 crore. Dollar revenue stood at $5,040 million, up 6.6%. The company reported deal wins of $14.9 billion for FY26 and recommended a final dividend of ₹25 per share.

Cyient posted a 64.9% decline in profit to ₹65.5 crore, while revenue rose marginally by 0.92% to ₹1,926.9 crore. The company reported an exceptional loss of ₹71.2 crore.

Mahindra Logistics reported a profit of ₹20.19 crore compared to a loss of ₹6.75 crore a year ago, with revenue rising 14.1% to ₹1,791.4 crore.

CIE Automotive India reported a 20.8% rise in profit to ₹249.4 crore, while revenue increased 14.9% to ₹2,612 crore.

Bluestone Jewellery and Lifestyle posted a profit of ₹32 crore compared to a loss of ₹51.1 crore last year, while revenue surged 47.7% to ₹681.5 crore.

Other Corporate Developments

Inventurus Knowledge Solutions announced that its U.S. subsidiary will acquire 100% stake in TruBridge Inc for $565 million.

Equitas Small Finance Bank received approval from the Reserve Bank of India for the reappointment of its Managing Director and CEO for three years effective July 23.

Birla Corporation commenced mining operations at the Bikram Coal Mine in Madhya Pradesh, which has extractable reserves of 9.44 million tonnes. Rolex Rings approved a buyback worth ₹180 crore at ₹180 per share for up to 1 crore shares. Dabur India appointed a new CEO for its India business effective April 23.

Subscriber Data And Listings

In telecom, subscriber additions for March showed growth across operators. Mehul Telecom is gearing up for SME listing, whereas PropShare Celestia would make its debut on the main board.

Other Market Catalysts

Some companies like Reliance Industries, IndusInd Bank, and Adani Green Energy are supposed to release their quarterly financials.

Equities like HCL Technologies, Patanjali Foods, and Mold-Tek Packaging will be trading ex-dividend, whereas Steel Authority of India will be under the F&O restriction.

This should help ensure that certain equities remain active despite market fluctuations due to the above events.