Top Stocks For Trade Today, April 23: ONGC, Infosys, Trent, Jio Financial, Bharti Airtel, SBI Life and more

A host of stocks will remain in focus in today’s trading session on April 23, driven by earnings, order wins, business updates, and global commodity movements.

Stocks to watch

ONGC/OIL: Crude oil prices extended gains with Brent rising 2% to around $102 per barrel amid West Asia developments, likely supporting upstream oil stocks.

Infosys: The IT major has partnered with OpenAI to accelerate enterprise AI transformation initiatives.

Bharti Airtel: The telecom operator added 50.9 lakh users in March, compared to 40.8 lakh additions in February, indicating continued subscriber momentum.

BEL: The defence PSU has secured fresh orders worth ₹569 crore.

Trent: The company reported strong Q4 performance and announced a bonus issue of 1 share for every 2 shares held.

Jio Financial Services: The company received board approval to form a 50:50 joint venture with Allianz for its general insurance business.

Adani Green: The renewable energy firm has operationalised a 292 MW solar power project at Khavda, Gujarat.

GE Vernova T&D: The parent company has raised CY26 guidance across all segments and key financial metrics.

Tata Communications: Q4 revenue came in above estimates, with data business revenue rising 6.1% sequentially.

Oracle Financial Services Software (OFSS): Reported EBITDA margin of 51.1% versus 44.6% earlier, while revenue grew 20% year-on-year.

Mazagon Dock Shipbuilders: Germany’s defence ministry indicated that a $8 billion submarine deal could be finalised within the next three months.

Vodafone Idea: The telecom operator added 1.03 lakh users in March, compared to 21,927 in February.

Eveready Industries: Commissioned India’s only operating alkaline battery manufacturing unit in Jammu.

Unimech Aerospace: Announced acquisition of Hobel Bellows Private for ₹450 crore.

Lemon Tree Hotels: Signed new hotel properties in Raipur and Jalandhar, expanding its footprint.

Dynamic Technologies: Signed an MoU with Germany-based Aerodata to launch a reconnaissance solution.

Nazara Technologies: MeitY notified online gaming rules, which will come into effect from May 1.

Stocks under pressure

SBI Life Insurance: Reported VNB margin of 28.4% versus 30.5% YoY, missing estimates on the retail APE front.

L&T Technology Services: Reported constant currency revenue decline of 1.1% QoQ and did not provide formal guidance for FY27.

Havells India: Issued a cautious outlook, citing sharp raw material inflation and gas availability concerns.

OMCs/Paint companies: Rising crude prices, with Brent at $102 per barrel, could pressure margins.

Delta Corp: Reported EBITDA decline of 34.7%, with margins at 17.25% versus 23.33% YoY.

Disclaimer: This article is for informational purposes only and does not constitute investment advice.