Here are some of the stocks that may see significant price movement today.
ITC: British American Tobacco (BAT) has launched a block deal worth ₹11,613 Crore to offload as much as 2.3% stake in ITC Limited. The transaction price has been fixed at ₹400 per share. This is an 8% discount on ITC’s closing share price on Tuesday. Goldman Sachs and Citigroup are the brokers to this issue.
Life Insurance Corporation: The insurance PSU posted a mixed performance during the quarter under consideration. The business said that its new business premium declined 9% on a year-on-year basis to ₹70,019 Crore. In the year-ago period, the business logged a new business premium of ₹77,282 Crore.
Bosch India: The business posted a steady performance for the quarter ended March 2025. This reflects a 16% year-on-year growth to ₹5,233 Crore. The company said that the Mobility business witnessed a 14.90% upside on a sequential basis. The Beyond Mobility Segment witnessed modest growth of 1.70%.
JK Lakshmi Cement: The cement business posted a 17% jump in its net profit for the March 2025 quarter. The net profit was reported at ₹184 Crore. In the previous corresponding period, the net profit stood at ₹157 Crore. Revenue registered a growth of 6.5% y-o-y to ₹1,879.60 Crore.
Tata Steel: The business filed a fresh writ petition in Delhi High Court seeking relief. This includes a compensation of ₹757.14 Crore including interest, for cancellation of the coal block and non-payment of balance dues to the company.
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