Stocks to watch: SBI, United Spirits, IRCON, Dixon Tech, Torrent Pharma, Aster DM Healthcare

The Indian share market is seen opening flat on Wednesday, tracking mixed cues from global peers and muted trends in GIFT Nifty futures. At 8:05 AM, the GIFT Nifty index was 27.5 points, or 0.11%, higher at 24,802, indicating a lacklustre start for the benchmark indices, the BSE Sensex and the NSE Nifty.

On Tuesday, the Sensex tumbled 873 points, or 1.06%, to close at 81,186, while the Nifty50 ended 262 points, or 1.05%, lower at 24,684. The broader market also settled in negative terrain, with the Nifty Midcap100 and Smallcap100 indices sliding by 1.62% and 0.94%, respectively. The market witnessed profit booking amid lack of any positive trigger and lack of clarity on the India-U.S. trade deal.

Among the BSE Sensex pack, barring Tata Steel, Infosys, and ITC, all other 27 constituents ended in the red. The top five losers were Eternal (Zomato), Maruti Suzuki India, Mahindra and Mahindra, UltraTech Cement, and Power Grid Corporation, falling in the range of 2-4%.

Here are the top stocks that will be in focus today:

Q4 results today: IndiGo, IndusInd Bank, ONGC, Oil India, NTPC Green Energy, IRCON International, Uno Minda, Trident, RVNL, PFC, Protean eGov Technologies, Interarch Building Solutions, Cupid, Astral, and others are set to release their March quarter results today.

State Bank of India (SBI): The country’s largest lender has received approval from the executive committee of the central board for a long-term fundraising plan of up to $3 billion for FY26.

United Spirits: The  the world's second-largest spirits company by volume has reported 75% year-on-year (YoY) rise in consolidated net profit at ₹421 crore for the fourth quarter ended March 31, 2025, driven by higher revenue and lower expenses.

Dixon Tech: The net profit of the company surged multi-fold to ₹465 crore in Q4FY25, compared to ₹97 crore in the corresponding quarter a year ago, aided by a one-time exceptional gain of ₹250.4 crore.

Torrent Pharmaceuticals: The drug maker reported a net profit of ₹498 crore, up 10.9% YoY from ₹449 crore in the March quarter of FY24.

IRCON International: The state-owned company has secured a ₹253.6 crore contract from South Western Railway for the implementation of KAVACH, an indigenous train collision avoidance system, across 778 route km in the Bengaluru and Mysuru divisions.

KPI Green Energy: The energy company said its subsidiary, Miyani Power Infra LLP, has received an in-principle grant of connectivity from the Central Transmission Utility of India for the evacuation of power from its 642.6 MW wind project in Gujarat.

Gland Pharma: The drug maker reported a 3.1% YoY fall in net profit at ₹186.5 crore against 192.4 crore in Q4 FY24.

Whirlpool India: The company has posted a 50.4% growth in consolidated net profit at ₹119.47 crore in the fourth quarter ended March 2025, as compared to profit of ₹79.45 crore in the corresponding period of the preceding fiscal.

KPR Mill: The promoters of apparel manufacturer—KP Ramasamy, KPD Sigamani, and P Nataraj—are likely to offload up to 3.2% stake in the company through block deals today.

Aster DM Healthcare: The company posted a consolidated net profit of ₹79 crore for Q4FY25, against a loss of ₹24 crore in the same period last year.