Stocks to Watch Today (April 23, 2026): Infosys, Trent, Tata Communications, BEL, Lemon Tree Hotels and more

Stocks to Watch Today (April 23, 2026): Markets on Thursday, 23 April, will see a strong focus on IT earnings, corporate actions and policy-led announcements. Infosys results will set the tone for the IT pack, while Trent, Cyient and others remain in focus due to dividends, bonus and buyback decisions. Here are key stocks in focus today.

Infosys

• Q4FY26 results will be announced post-market.
• Stock will react to revenue, margins and FY27 guidance.
• Markets will also track commentary on AI partnerships and demand outlook.
• Infosys recently announced collaboration with OpenAI to scale enterprise AI transformation.
• Focus will remain on deal wins and growth guidance for FY27.

Trent

• Big corporate action trigger ahead of results.
• Board has approved 1:2 bonus issue (1 share for every 2 held).
• Dividend of Rs 6 per share declared.
• Company will also raise up to Rs 2,500 crore via capital raising.
• Q4 performance showed strong beat on revenue, margins and profit.
• Revenue grew 20.2 per cent YoY, EBITDA jumped 40 per cent.
• Margin expanded to 18.6 per cent vs 16 per cent YoY.

Jio Financial Services

• Board has approved 50:50 general insurance joint venture with Allianz Europe B.V.
• Entry into general insurance marks major diversification move.
• Operations will start after regulatory approvals.

Cyient

• Board will consider buyback and dividend along with results.
• Stock may see volatility due to multiple announcements together.

L&T Technology Services

• Will be in focus along with Q4 earnings.
• Investor reaction will depend on deal wins and margin trajectory.

Tata Communications

• Net profit fell 74.7 per cent YoY to Rs 263 crore.
• Net profit declined 27.9 per cent QoQ.
• Revenue rose 9.4 per cent YoY to Rs 6,554 crore.
• Revenue increased 5.9 per cent QoQ.

Delta Corp

Q4 results to be tracked for gaming and hospitality trends.

Oracle Financial Services

Earnings announcement will be key trigger for banking tech sentiment.

BEL (Bharat Electronics Limited)

• Company secured Rs 569 crore defence order.
• Orders include avionics, electronic warfare systems and laser-based systems.
• Strengthens defence electronics order book visibility.

Lemon Tree Hotels

• Signed two new properties in Raipur and Jalandhar.
• Expansion includes 138 additional rooms combined.
• Management to operate both hotels under Carnation Hotels.

VA Tech Wabag

• Formed new 100% subsidiary for wastewater treatment business.
• Expansion into North Chennai water infrastructure segment.

Alembic Pharma

• Set up new subsidiary in Philippines.
• Focus on strengthening international pharma distribution.

Eveready Industries

• Commissioned alkaline battery plant in Jammu.
• Investment of around Rs 200 crore.
• Annual capacity of 456 million batteries.
• First operational alkaline battery facility in India.

Zodiac Energy

• Received Rs 30.85 crore LOI from international institution in Zambia.
• Project includes solar PV plant with battery storage system.

Unimech Aerospace

• Acquired Hobel Bellows for Rs 450 crore.
• Strengthens aerospace and precision manufacturing value chain.
• Deal expected to close within a week.

Enviro Infra Engineers

• Subsidiary acquired 49 per cent stake in renewable energy SPV.
• Will develop Bihar-based BESS project of 37.5 MW / 150 MWh.
• Total deal value around Rs 15.5 crore.

Arvind

• Set up new UAE subsidiary “Arvind Atelier”.
• Focus on textile and garment trading in international markets.

Bandhan Bank

RBI approved appointment of Debasish Panda as part-time chairman for 3 years.

Innovision

• Received Rs 31.09 crore toll collection contract from NHAI.
• Project located at Vembukudi toll plaza in Tamil Nadu.

Sapphire Foods

Approved shifting of registered office from Maharashtra to Haryana.