Stocks in News Today : 7 April 2025

Market Recap and Outlook Indian stock markets settled sharply lower on Friday, with the BSE Sensex crashing 930.67 points (1.22%) to 75,364.69 and the NSE Nifty50 tumbling 345.65 points (1.49%) to 22,904.45. The sell-off was triggered by President Trump's sweeping tariffs, which continued to dent trader sentiments ahead of much-awaited Q4 earnings from India Inc. Corporate Actions and Demergers Shares of Siemens India will trade ex-date for the spin-off of its energy business, while shares of Pervasive Commodities shall trade ex-date for a stock split today. Sector Updates and Acquisitions

' Jaguar Land Rover division said it would pause shipments to the US in April due to the tariffs. ITC has acquired a 43.75% stake in Ample Foods for Rs 131 crore. Regulatory Changes and Legal Matters has received an order from the assessing officer to reassess its taxable income for FY 2018-19, increasing it by Rs 25,185.51 crore. The company has moved the Bombay High Court against the reassessment. Earnings and Growth Projections reported a 1.4% YoY growth in net advances to Rs 3.47 lakh crore and a 6.8% YoY rise in deposits to Rs 4.11 lakh crore in Q4 FY25. Nykaa expects its consolidated net revenue growth to be in the low to mid-twenties, with its beauty vertical's GMV growth significantly ahead of the industry at the low thirties. New Ventures and Partnerships Energy Green Tech has incorporated a new wholly-owned subsidiary, L&T Green Energy Kandla, for the development of green hydrogen and its derivatives. TVS Motor is set to strengthen its electric vehicle presence in Southeast Asia through the integration of ION Mobility's assets, IP, and talent.