Stocks To Watch On April 16: Wipro, HDFC AMC, GMR Airports In Focus

The stocks to be watched on April 16 include Wipro, HDFC AMC, GMR Airports, among others, owing to the earnings reports that may come out of them.

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The Sensex was up 1,264 points at 78,111.24 and Nifty 50 climbed by 389 points and closed at 24,231.30 on April 15, 2023. Movements in the stock prices will depend on their respective earnings reports and other corporate developments.

Q4 Results In Focus

Shares of Wipro, HDFC Asset Management Company, Angel One, and Waaree Renewable Technologies will be in focus as these companies are scheduled to announce their financial results for the quarter ended March 31, 2026.

HDB Financial Services reported a 41.4% year-on-year (YoY) increase in profit after tax to ₹751 crore in Q4FY26, compared with ₹531 crore in the same period last year.

ICICI Lombard General Insurance Company posted a 7.25% YoY rise in net profit to ₹547 crore for the March quarter, up from ₹510 crore a year earlier.

Business Updates And Deals

GMR Airports reported a 0.9% YoY increase in passenger traffic to about 32 million in Q4FY26. This includes 24.1 million domestic passengers and 7.7 million international passengers.

Aurobindo Pharma said its subsidiary TheraNym Biologics has expanded its contract manufacturing agreement with Merck Sharp & Dohme Singapore Trading by adding a new product schedule.

Brigade Enterprises announced a joint development agreement for an 8.63-acre land parcel in East Bengaluru to develop a residential township project.

A contract worth ₹175.36 crore, not inclusive of GST, was bagged by Braithwaite & Co Ltd from Container Corporation of India for the supply of nine BLSS Rakes.

Corporate News Other Than Above Mentioned Ones

Samhi Hotels has signed a long-term lease agreement for a hotel with 162 rooms in Noida, as per the announcement made by its subsidiary.

Rubicon Research bought an 85% share in Arinna Lifesciences Ltd by paying ₹175.92 crore, which will pave their way into the CNS formulations business segment.

These above-mentioned news and developments would keep their respective stocks under the scanner during April 16 trading hours.