Stocks to Watch Today (April 16, 2026): Wipro, ICICI Lombard, Tejas Networks, HDB Financial, Angel One and more

Stocks to Watch Today (April 16, 2026): Markets are expected to react to a busy earnings day on Thursday. Key Nifty companies like HDFC Life and Wipro will announce results, while Angel One and HDFC AMC are in the F&O segment.

Wipro will also consider a share buyback, which will remain a key trigger. Meanwhile, Garuda Construction sees 61 per cent anchor lock-in expiry, which could impact liquidity.

ICICI Lombard: profit growth misses estimates

ICICI Lombard General Insurance reported a mixed Q4FY26 performance.

Premium growth remained steady, but earnings came below estimates. Gross written premium rose 17 per cent YoY to Rs 8,073 crore, while net premium earned grew 11 per cent to Rs 5,790 crore.

Profit after tax increased 7.2 per cent YoY to Rs 546.5 crore, but missed expectations of Rs 710 crore.

Growth was driven by the retail health segment, which surged 65 per cent, improving market share. However, motor and property segments remained weak.

The company declared a dividend of Rs 7 per share. Combined ratio improved slightly to 101.2 per cent, indicating better underwriting discipline.

HDB Financial Services: strong profit growth

HDB Financial Services posted a strong Q4 performance.

Net interest income rose 12.6 per cent YoY to Rs 4,081 crore, while profit jumped 41 per cent to Rs 750.6 crore.

The board recommended a dividend of Rs 2 per share, reflecting stable asset quality and growth momentum.

Reliance Industrial Infrastructure: weak revenue, stable profit

Reliance Industrial Infrastructure reported a decline in revenue but stable profitability.

Revenue fell 32 per cent YoY to Rs 8.43 crore. EBITDA remained negative, though losses narrowed.

Profit stood largely flat at Rs 3.22 crore. The company announced a dividend of Rs 3.5 per share.

Tejas Networks: sharp decline in earnings

Tejas Networks reported a weak quarter.

Revenue plunged over 82 per cent YoY, while EBITDA turned negative at Rs -118 crore. Margins also slipped sharply into losses.

The company reported a net loss of around Rs 211 crore, highlighting pressure on order execution and revenues.

GMR Airports: traffic growth remains muted

GMR Airports Infrastructure reported weak passenger trends.

March passenger traffic declined 1.5 per cent YoY, while full-year FY26 traffic rose only 0.9 per cent.

Aircraft movements also fell 1.3 per cent, indicating slow recovery in aviation demand.

TARC Ltd: strong sales and cashflow

TARC Ltd delivered strong operational performance.

Q4 sales stood at Rs 396 crore, while cashflow came in at Rs 223 crore.

For FY26, sales reached Rs 1,373 crore, with cashflow at Rs 1,132 crore, reflecting improved execution.

Allcargo Terminals: steady volume growth

Allcargo Terminals reported modest growth in volumes.

March volumes rose 2 per cent month-on-month to 58,600 TEUs, indicating stable demand in logistics.

Aurobindo Pharma: major manufacturing deal

Aurobindo Pharma’s subsidiary TheraNym Biologics signed an expanded contract with MSD (Merck Sharp & Dohme).

The company will set up a greenfield manufacturing plant for biologics, with an investment of Rs 1,400–1,600 crore.

This strengthens its position in the contract manufacturing (CMO) segment.

Brigade Enterprises: large residential project planned

Brigade Enterprises signed a joint development agreement (JDA) for an 8.63-acre residential project in Bengaluru.

The project has an estimated gross development value of Rs 7,200 crore, indicating strong pipeline visibility.

Container Corporation: wagon order placed

Container Corporation of India placed an order worth Rs 175 crore with Braithwaite & Co for supply of wagons.

This will support logistics capacity expansion.

John Cockerill India: order win from JSW

John Cockerill India secured a Rs 300 crore order from JSW Steel Coated Products.

The order includes design and supply of a continuous galvanizing line, strengthening its industrial order book.

Samhi Hotels: long-term lease deal

Samhi Hotels signed a long-term agreement with INGKA Centres to develop a 162-room hotel in Noida.

This adds to its hospitality portfolio.

Fino Payments Bank: completes core banking migration

Fino Payments Bank successfully migrated its core banking system to Finacle.

The move involved an investment of Rs 200 crore and marks a key step in its digital transformation strategy.

Other key developments

Several companies announced smaller but notable updates:

• Godawari Power and Ispat to invest Rs 50 crore in its energy subsidiary
• Varun Beverages invested in a solar power SPV
• Tata Communications raised Rs 400 crore via commercial papers
• JK Tyre approved investment in a renewable energy entity
• Goodyear India launched premium tyre products
• Indian Metals & Ferro Alloys nearing completion of ferro chrome project