Stocks that will see action today: 2 April 2025

Swiggy on Tuesday said it received an assessment order with an additional tax demand of over Rs 158 crore for the period between April 2021 and March 2022. The order has been issued by Deputy Commissioner of Income-tax, Central Circle 1 (1), Bangalore. It relates to alleged contraventions including cancellation charges paid to merchants disallowed under Section 37 of the Income-tax Act 1961 and interest income on income tax refund not being offered to tax.

Coal India produced 85.8 million tonnes of coal in March 2025, 3.1% lower than last year.



Some divisions posted growth, but key units saw a decline, leading to a shortfall in annual production targets. Fair trade regulator CCI on Tuesday approved 360 ONE and Claypond Capital Partners’ proposal to jointly acquire stakes in digital healthcare platform API Holdings. The proposed transaction envisages wealth management entity 360 ONE to acquire certain class B compulsorily convertible preference shares (CCPS B) of API Holdings from its existing shareholder MEMG Family Office LLP (MEMG LLP), the regulator said.

API Holdings provides healthcare services through its subsidiaries, such as aknamed, Pharmeasy, Docon, Thyrocare, and Retailio. JSW Energy on Tuesday said its installed generation capacity has reached the level of 10.9 gigawatts (GW), surpassing the company’s target of 10 GW for FY25.

During FY25, JSW Energy said it added 3.6 GW of generation capacity. The installed generation capacity at the end of FY25 stands at 10.

9 GW, significantly surpassing the 10 GW capacity target set for FY25, the company said in a statement. KEC International informed the exchanges that it won fresh projects worth Rs 1,236 crore that include power projects in the UAE, Kuwait, and India, strengthening its presence in the infrastructure sector. Bharat Electronics Ltd.

(BEL) has secured orders worth Rs 18,715 crore for FY25, lower than its projection of Rs 25,000 crore. However, its revenue growth for the financial year was higher than what the company had anticipated. Dabur India has received a Rs 110.

33 crore tax demand for the financial year 2017-18 from the income-tax authorities. NMDC Limited, India’s largest iron ore producer and a state-owned mining giant, has successfully achieved the 44.04 MnT production and 44.

4 MnT sales milestone in the fiscal year ending March 2025. The company achieved its highest-ever Q4 sales performance since inception, with sales rising to 12.66 MnT.

In March 2025, NMDC’s production stood at 3.55 MnT, while sales rose 6% year-on-year to 4.21 MnT, up from 3.

96 MnT in March FY24. This steady growth projects NMDC’s resilience despite all odds. In the year ending quarter, NMDC showed a stable growth trajectory, reporting a production of 13.

27 MnT in Q4 FY25. Sales witnessed a 6% sequential increase from the December quarter (Q3 FY25) and also showed a year-on-year improvement, rising from 12.54 MnT in Q4 FY24 to 12.

66 MnT in Q4 FY25. The Board of Pidilite Industries has approved the appointment of Sudhanshu Vats as Managing Director and Kavinder Singh as Joint Managing Director. The board has also appointed Bharat Puri as Non-Executive and Non-Independent Director for a term of 3 years commencing from April 10.

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