Indian markets are expected to open positive as India and Pakistan announced ceasefire during the weekend. Markets could see strong moves but there will be stock specific action in today's session. US Futures were trading positive this morning while Gold was trading 1.5 percent lower. Crude Oil was slightly positive. In a trading week punctuated by pivotal corporate actions and earnings results, a series of headline-grabbing developments unfolded across some of India’s most actively tracked companies. From strategic acquisitions and power sector bids to earnings beats and executive reshuffles, the Indian equity landscape delivered a mix of investor optimism and caution.

Yes Bank Gets a Fresh Lifeline from Japan’s SMBC

Sumitomo Mitsui Banking Corporation (SMBC) has entered into a deal to acquire a 20% stake in Yes Bank, marking one of the most significant foreign investments in India’s banking sector in recent years.

The deal is valued at Rs 13,483 crore, with SMBC purchasing shares at Rs 21.5 apiece—representing a premium over the current market price. The acquisition includes 13.19% from SBI and 6.81% from a consortium of banks including Axis Bank, HDFC Bank, ICICI Bank, and others.

This strategic entry by SMBC signals renewed institutional confidence in Yes Bank’s turnaround story. With SBI retaining over 10%, the recapitalization sets the stage for enhanced governance, global alignment, and long-term stability.

Dr. Reddy’s Posts Solid Q4 Amid Strong Pharma Demand

Dr. Reddy’s Laboratories posted a 22% YoY rise in consolidated net profit for Q4 FY25 at Rs 1,594 crore, compared to Rs 1,307 crore in the same quarter last year.

The results underscore the company's execution strength in global generics, API exports, and its expanding presence in emerging markets. The sustained growth trajectory reaffirms the stock’s defensive appeal amid macroeconomic uncertainties.

Adani Power Clinches Rs 2 Billion Thermal Supply Deal

In a landmark development, Adani Power secured a 1,500 MW power supply contract with the Uttar Pradesh Power Corporation under the DBFOO model.

The deal includes power from a greenfield ultra-supercritical thermal plant with a levelized tariff of Rs 5.383/unit, supported by an estimated investment of USD 2 billion. This win further consolidates Adani’s dominance in the Indian energy landscape and positions it strongly for future capacity additions.

Swiggy Reports Rising Revenues Despite Deepening Losses

Food delivery platform Swiggy posted a Q4 net loss of Rs 1,081 crore even as revenues soared 45% YoY to Rs 4,410 crore.

The widening losses reflect continued burn in scaling Instamart and logistics, but the topline surge highlights robust order volumes and consumer stickiness in metro markets. Investors in private markets will watch closely for narrowing burn rates ahead of a potential IPO window.

Reliance Power Turns Profitable After Years of Losses

In a surprise turnaround, Reliance Power posted a Q4 FY25 profit of Rs 125.6 crore, compared to a loss of Rs 397.6 crore in the year-ago period.

This sharp rebound stems from improved operational efficiencies and a favorable tariff structure in legacy power purchase agreements. Investors remain cautiously optimistic, pending clarity on debt reduction and business model sustainability.

Manappuram Finance Posts Unexpected Q4 Loss

In a deviation from trend, Manappuram Finance reported a loss of Rs 203.2 crore in Q4 FY25. The loss comes amid higher credit costs and asset quality stress, particularly in its microfinance and vehicle loan segments.

Despite a robust gold loan book, elevated provisions and margin pressures raise red flags for NBFC investors focused on yield protection and credit discipline.

NTPC Green Appoints New CEO Amid Renewable Expansion

Sarit Maheshwari has been appointed CEO of NTPC Green, reinforcing continuity in leadership as the firm embarks on rapid renewable energy capacity additions.

With a growing focus on solar and wind projects, NTPC Green is key to India's clean energy ambitions and investor sentiment around green infrastructure plays.

Great Eastern Shipping Sees Steep Drop in Profit

Great Eastern Shipping’s Q4 net profit fell 60% YoY to Rs 363 crore, while revenues dipped 18.3% to Rs 1,223 crore.

The underperformance reflects global shipping volatility and lower spot charter rates. The cyclical nature of the shipping industry continues to challenge earnings visibility.

DCM Shriram’s Fenesta Expands via Strategic Acquisition

DCM Shriram’s Fenesta unit has acquired a 53% stake in DNV Global for Rs 44 crore, enabling backward integration and a new hardware vertical.

The move will strengthen Fenesta’s supply chain and create new growth drivers in the construction material ecosystem.

Godrej Properties to Launch Rs 40,000 Crore Worth of Housing Projects

In a bold expansionary push, Godrej Properties plans to roll out housing projects worth Rs 40,000 crore, signaling its intent to consolidate leadership in India’s residential real estate sector.

The firm continues to maintain pole position in terms of sales bookings, with strong visibility in Tier-I urban demand.

Triveni Turbine Delivers Strong Quarterly Growth

Triveni Turbine posted a 60.4% YoY increase in standalone profit at Rs 93.7 crore for the March quarter, driven by an uptick in industrial turbine orders.

Total income rose to Rs 508.1 crore from Rs 400.2 crore, underscoring the revival in capital goods demand across energy and process industries.

IndusInd Bank Outlook Turned Negative by Moody’s

Moody’s has affirmed IndusInd Bank’s rating but downgraded its outlook to ‘negative’, citing concerns over internal controls, derivatives accounting discrepancies, and lack of succession planning post-senior leadership exits.

The standalone credit profile was also downgraded to ba2 from ba1, raising alarm over the bank’s medium-term strategic coherence and investor confidence.

Investor Insights: Where to Focus Next?

Yes Bank and Adani Power stand out as strategic bets in financial and energy sectors respectively, backed by fresh capital and infrastructure momentum.

Swiggy’s revenue acceleration offers insights into consumption shifts, but profitability remains a near-term challenge.

Godrej Properties and Triveni Turbine highlight India’s urbanization and capex-led growth narratives.

Moody’s downgrade of IndusInd Bank demands close scrutiny from institutional investors tracking credit risk and governance frameworks.