After opening in the red briefly, the Indian market shifted marginally towards the green, with the Sensex gaining 100 points and the Nifty over 53 points. However, despite positive signs from the global market due to favourable US trade negotiations, escalating tensions and the looming war situation have created uncertainty in the domestic market. In early trading sessions, companies like HDFC Bank (HDFCBANK), Sun Pharma (SUNPHARMA), and Tech Mahindra (TECHM) were gainers, while Tata Motors (TATAMOTORS) and IndusInd Bank (INDUSINDBK) declined. Amid all these, two stocks that are worth tracking throughout the trading sessions are UCO Bank and LTIMindtree.
Stocks to Buy Today
Here are the curated stocks you may track in today’s trading session:
UCO Bank (NSE: UCOBANK)
UCO Bank declared its quarter four results for the financial year 2024-25 yesterday. The bank reported a net interest income of ₹2,698 crores for this quarter, up by 23.4% compared to the same quarter of the previous financial year. Regarding total business, it stood at ₹5,13,527 crores by the end of March 31, 2025, marking a 14.1% year-on-year growth.
Asset quality also improved in the financial year 2024-25. The NPA, as of March 31, 2025, stood at ₹5,918.5 crores, better than ₹6,463.3 crores from the preceding financial year.
Besides its financials, the bank has approved a capital-raising plan through the issuance of 270 crore equity shares with a face value of ₹10 each. It has also recommended a final dividend of ₹0.39 per share, subject to shareholders’ approval.
Key details of UCO Bank stocks:
Closing Price (as of April 29 2025) | ₹32.07 |
Trading Volume | 44,41,103 |
Company Type | Midcap |
Market Cap | ₹39,412 crores |
Beta | 1.57 |
LTIMindtree Ltd. (NSE: LTIM)
A few days ago, LTIMindtree Ltd. announced its fourth-quarter results for the financial year 2024-25. For the quarter, the company’s net profit increased by 2.6%, reaching ₹1,128.5 crores. The sales figure for the same quarter stood at ₹9771.7 crores, marking a 9.9% increase compared to the same quarter of the preceding financial year.
Based on its performance, the company has recommended a final dividend of ₹45 per share, pending shareholders’ approval. Additionally, the company allotted 63,972 equity shares under ESOP on April 23, 2025.
In addition to its financial performance, the company secured a project from PHINIA INC. to provide infrastructural transformation services. Furthermore, it partnered with Arenco Group to upgrade the JD Edwards 9.1 system.
Key details of LTIMindtree Ltd. stocks:
Closing Price (as of April 29 2025) | ₹4,598.1 |
Trading Volume | 60,917 |
Company Type | Largecap |
Market Cap | ₹1,37,034 crores |
Beta | 0.87 |
Conclusion
Regardless of the trade you place in today’s session, remember that the stock market is highly volatile. Whether you will be in profit or at a loss depends on several domestic and global factors. It is important to analyse market sentiment and trends, understand what has happened at both global and domestic levels, and how these factors can impact the Indian market. Last but not least, use technical indicators and analyse multiple chart patterns before placing your trade. If you are an investor, pay special attention to a company’s financial performance and its share price trend during the bear phase.
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