By soumyaranjanb447 
The following stocks are worth keeping an eye on for tomorrow: Jio Financial Services, Force Motors, JSPL, Asian Paints, HAL, HCLTech, Piramal Enterprises, UCO Bank, UltraTech Cement, Samvardhana Motherson, Bharat Electronics, CG Power, Bharat Forge, DLF, Infosys, and more.
Jio Financial Service
The company announced that it had subscribed for 1,73,77,412 equity shares at a price of ₹10 each, investing ₹1,000.24 crore in Jio Finance Limited (JFL), its wholly-owned subsidiary. JFL’s business operations will be supported by the capital infusion. Additionally, Jio Financial Services purchased 8.5 crore equity shares at a price of ₹10 each, investing ₹85 crore in Jio Payments Bank Limited (JPBL).
Force Motors
The automaker Force Motors announced that it has secured a significant contract to provide the Indian defense forces with 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top). The General Staff Branch of the Directorate General of Capability Development (CD-13/14), IHQ of the MoD (Army), New Delhi, issued the directive. For this procurement, Force Motors has been chosen as the L1 vendor, and deliveries will be made in several installments over a maximum of three years.
JSPL
In the most recent commercial coal auctions held by the Ministry of Coal, the company has secured the Saradhapur Jalatap East coal block. The mine is a strategic addition to JSPL’s resource base, holding an estimated 3,257 million tonnes of coal, and is only 11 km from the company’s Angul steel plant. JSPL used a 10% revenue-sharing bid to win the block.
Asian Paints
The company said it has approved an additional capital expenditure of ₹690 crore for its upcoming manufacturing facility in Dahej, Gujarat. This raises the total project cost to ₹3,250 crore, up from the initially estimated ₹2,560 crore. Also, it has announced key leadership changes in its senior management, effective April 21, 2025.
HAL
Leading defence PSU said it has amended the contract for the light combat aircraft (LCA) Mk1 final operational clearance (FOC) variant, originally signed on December 23, 2010. The revised contract value has increased from ₹5,989.39 crore to ₹6,542.20 crore due to changes in the delivery schedule.
HCLTech
IT services company said it has been selected as a Design Solution Partner (DSP) under Samsung’s Advanced Foundry Ecosystem (SAFE) program. This partnership aims to accelerate semiconductor innovation and development by leveraging HCLTech’s expertise in engineering and R&D services.
Infosys
IT major has implemented a cloud-based digital platform to unify and automate HR processes for LKQ Europe, a major distributor of automotive aftermarket parts, as part of a five-year collaboration. The initiative, powered by Infosys Cobalt, integrates HR functions across 18 countries, improving compliance, cost efficiency, and productivity.
Piramal Enterprises
Non-bank lender said it has approved the issuance of secured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis, with a base issue size of ₹100 crore and a green shoe option to retain oversubscription of up to ₹200 crore, taking the total issue size to ₹300 crore.
UCO Bank
A state-owned bank, announced that its Qualified Institutions Placement (QIP) was successfully closed. The issue price was set at ₹34.27 per share, which includes a premium of ₹24.27 over the ₹10 face value. The floor price of ₹36.07 is reduced by 4.99% in the final price.
UltraTech Cement
Aditya Birla Group’s flagship company said it has commissioned multiple brownfield expansions across India, further strengthening its production capacity. The company has operationalised a 3.35 million tonnes per annum (mtpa) clinker capacity along with one of two cement mills (2.7 mtpa) at its Maihar unit in Madhya Pradesh. The second grinding mill is expected to be commissioned in Q1 FY26.
Samvardhana Motherson
The company has sought to allay investor concerns after its shares tumbled amid fears of Donald Trump’s proposed 25% tariff on foreign car imports. The company stated that a significant part of its US business is either locally manufactured or qualifies under the US-Mexico-Canada Agreement (USMCA), reducing exposure to potential tariff hikes.
Bharat Electronics
State-run company said it has received additional orders worth ₹1,385 crore since its last disclosure on March 12, 2025. These orders cover radar spares, radar upgradation, electronic voting machines, simulators, advanced land navigation systems, stabilisers for tanks, fire control systems for ship-based decoys, and communication equipment, among others.
CG Power | The company announced that the Adjudicating Authority in New Delhi has extended the freeze on a new bank account opened by the company. This follows an application filed by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act (PMLA), 2002. The ED had initially frozen the account on October 17, 2024.
Bharat Forge
The company has finalised a contract with the Ministry of Defence (MoD) to supply 184 units of the 155mm/52-calibre advanced towed artillery gun system (ATAGS). Valued at approximately ₹4,140 crore, this deal accounts for 60% of the total ₹6,900 crore procurement for this artillery system and stands as the largest domestic defence contract secured by the company.