Markets head into Friday’s session with a mix of earnings momentum, corporate actions, and sector-specific triggers. IT, real estate, and infra names are likely to remain in focus, while select companies may see stock-specific movement based on announcements.
IT in Focus: Tata Consultancy Services & Wipro
Tata Consultancy Services reported Q4 numbers largely in line with estimates, supported by strong deal wins. Revenue growth in rupee terms marked its highest level in the last 30 quarters, indicating sustained demand momentum despite global uncertainties.
Meanwhile, Wipro will consider a share buyback at its board meeting scheduled for April 15–16, which could influence investor sentiment in the near term.
Realty & Infra: Godrej Properties, Prestige Estates Projects, IRB Infrastructure Developers
Godrej Properties achieved 105% of its FY26 booking value guidance, with collections rising 86% QoQ, reflecting strong demand execution.
Prestige Estates Projects has entered a joint venture to develop a project in Versova with a gross development value of ₹9,000 crore, highlighting continued expansion in key urban markets.
IRB Infrastructure Developers reported a 20.6% YoY increase in toll collections for March, indicating steady traffic growth.
Corporate Actions & Developments
HDFC Life Insurance Company will consider a fund raise via a preferential issue at its April 16 board meeting.
Eicher Motors announced the launch of Royal Enfield’s first “Flying Flea” electric bike, priced from ₹1.99 lakh (ex-showroom), marking its entry into the EV segment.
JSW Energy plans to acquire the remaining 26% stake in JSW Mahanadi Power, strengthening its control over the asset.
Godfrey Phillips India saw a legal overhang ease as Samir Modi and 24/7 Retail withdrew their suit unconditionally.
BSE Limited received SEBI approval to launch derivative contracts on its IT-focused index, potentially enhancing product offerings and trading activity.
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