Indian benchmark indices closed higher on Friday, supported by global cues and de-escalating tensions in West Asia. The BSE Sensex surged 918.60 points (1.20%) to 77,550.25, while the NSE Nifty50 jumped 275.50 points (1.16%) to 24,050.60. Ahead of Monday's opening bell on April 13, 2026, several key stocks are anticipated to remain in the spotlight due to various corporate announcements and quarterly results.
Quarterly Results Expected Today
A number of companies are slated to release their financial results for the March 2026 quarter today. These include ICICI Prudential Asset Management Company, Innovision, Just Dial, Swaraj Engines, Continental Controls, and Ind Bank Housing.
Key Corporate Developments
Mahindra and Mahindra (M&M)
The homegrown auto major's subsidiaries, Mahindra Overseas Investment Company (Mauritius) and Erkunt Traktor, have reached an agreement to divest their entire 99.04 percent stake in Erkunt Foundry. The stake will be sold to Hisarlar Makina Sanayi ve Ticaret AS, Oguzhan Sahinkaya, and Bunyamin Sarioglu. Following this transaction, Erkunt Foundry will no longer be a subsidiary of M&M.
Larsen & Toubro (L&T)
L&T Realty Properties, a subsidiary of the infrastructure giant, has completed the acquisition of a 100 percent stake in International Green Scapes (IGSL). This acquisition makes IGSL a wholly owned subsidiary, enabling L&T Realty Properties to leverage IGSL's land assets to enhance and expand its real estate development portfolio.
Adani Green Energy
The Adani Group's utility arm reported a significant 35 percent year-on-year increase in its operational capacity, reaching 19.3 GW in the fiscal year 2026. This growth was driven by the addition of 5.1 GW of greenfield capacity during the year.
Lupin
The pharmaceutical company has successfully launched Dapagliflozin tablets (5 mg and 10 mg) in the United States. This follows the approval of its Abbreviated New Drug Application (ANDA) from the US Food and Drug Administration (USFDA). The product is bioequivalent to Farxiga for its approved indications.
Swiggy
Co-founder Lakshmi Nandan Reddy Obul has resigned from his position as Whole-Time Director & Head of Innovation, effective April 10. Concurrently, Roger Clark Rabalais has also resigned as a Nominee Director. The company's Board has since appointed Renan De Castro Alves Pinto as an Additional Director, alongside Phani Kishan Addepalli and Rahul Bothra as Additional Directors (Executive, Non-Independent).
AstraZeneca Pharma India
The drugmaker has secured permission from the Central Drugs Standard Control Organisation (CDSCO) to import, sell, and distribute Acalabrutinib tablets (100 mg). These tablets are indicated for the treatment of patients with previously untreated chronic lymphocytic leukaemia (CLL) or small lymphocytic lymphoma (SLL).
Muthoot Finance
The Board of Directors has approved the payment of an interim dividend of Rs 30 per share for the financial year 2025-26.
Vakrangee
The IT-enabled services company has forged a strategic corporate partnership with IndiaFirst Life Insurance Company to broaden its offerings to include life insurance solutions.
Torrent Pharmaceuticals
The USFDA concluded its inspection at Torrent Pharmaceuticals' oncology facility in Bileshwarpura with zero observations. The inspection was conducted from April 6 to April 10, 2026.
Mahanagar Gas (MGL)
Praveer Kumar Srivastava has been designated as the new Managing Director of Mahanagar Gas for a period of five consecutive years, effective April 30. Ashu Shinghal will cease to be the Managing Director on the same date.
Enviro Infra Engineers
The waste water management firm has been awarded two projects worth a total of Rs 972.2 crore by the Swachh Maharashtra Mission Directorate.
Advait Energy Transitions
The optic fibre and transition company has received bid confirmation at the L1 stage, identifying it as the successful bidder for a turnkey contract under the Vanbandhu Kalyan Yojana-2 (VKY-2) scheme.