Stock to watch on 16 April 2025

IndusInd Bank faces a ₹1,979 crore hit from derivative discrepancies, cutting 2.27% of its net worth; impact to be reflected in FY25 accounts.

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Swiggy partners with the Ministry of Labour to create 12 lakh+ gig jobs via NCS portal over 2–3 years, boosting employment in logistics and delivery.

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IREDA posts a strong 49% YoY jump in Q4 profit to ₹502 crore, driven by robust growth in the renewable energy lending segment.

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Vedanta’s Cairn Oil & Gas wins 7 new blocks under OALP Round IX, expanding its hydrocarbon portfolio to 69 blocks across India.

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Wipro is in the spotlight as it gears up to announce Q4 results today; investors await earnings clarity amid muted IT sector sentiment.

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