Stocks in news: JSW Steel, ITC, Trent, Grasim Industries and Sun Pharma

Markets edged lower after a brief respite on Thursday, losing nearly a percent, weighed down by weak global cues. In today's trade, shares of JSW Steel, ITC, Trent, Grasim Industries, Sun Pharma among others will be in focus due to various news developments and fourth quarter results.

JSW Steel, Ashok Leyland, BEML
Shares of JSW Steel, Ashok Leyland and BEML will be in focus as the companies will announce their fourth quarter results today.

TD Power Systems
Goldman Sachs bought nearly 11 lakh shares of TD Power Systems on Thursday via block deals. The shares were purchased at the cost of Rs 50.30 crore.

Grasim Industries
Grasim Industries reported a 9% year-on-year growth in its Q4FY25 consolidated net profit at Rs 1,496 crore versus Rs 1,370 crore in the year ago period.

Trent
Tata Group-owned Trent will replace FMCG major Nestle India while state-run Bharat Electronics Limited (BEL) will oust IndusInd Bank from the BSE Sensex as part of the index rejig.

ITC
The profit from the continuing operations rose marginally by 3% YoY to Rs 5,155 crore. The Board has approved a final dividend of Rs 7.85 in the financial year FY25

Sun Pharma
Drug major Sun Pharmaceuticals reported a 19% year-on-year decline in its Q4FY25 consolidated net profit at Rs 2,154 crore versus Rs 2,659 crore in the year ago period.

Concor
Container Corp net profit declined 2% to Rs 298 crore in the March quarter of the financial year 2025, compared with Rs 303.3 crore in the same period last year.

Hindustan Copper
Hindustan Copper said it will consider raising up to Rs 500 crore through the issuance of non-convertible debentures (NCDs) or bonds on a private placement basis.

Ola Electric
Bengaluru-based electric vehicle maker Ola Electric Mobility has announced plans to raise Rs 1700 crore through debt instruments, as approved by its board on Thursday.