Stocks to Watch Today on April 8: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, ICRA in Focus

Stocks to Watch Today on April 8: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, ICRA in Focus​

Indian stock markets are set to track a busy flow of corporate developments on Wednesday, April 8, with several companies making headlines across sectors including IT, pharma, real estate, energy, and infrastructure. From regulatory approvals and order wins to strategic partnerships and bulk deals, here are the key stocks likely to remain in focus during today’s trading session.

Ashiana Housing Reports Strong Q4 Business Growth​

Ashiana Housing posted a robust quarterly update for Q4 on a year-on-year basis. The area booked rose 32% to 11.19 lakh square feet compared to 8.48 lakh square feet earlier. The value of area sold surged 124.4% to Rs 1,289.7 crore against Rs 574.7 crore, while the number of units booked increased to 665 units from 597 units.

Infosys Partners with Harness for AI-Led Transformation​

Infosys announced a strategic collaboration with Harness aimed at accelerating agentic AI-driven software delivery transformation for enterprises globally. The move highlights the company’s continued focus on integrating artificial intelligence into enterprise solutions.

GAIL Signs LNG Carrier Agreement​

GAIL (India) has entered into a long-term charter party agreement with Alpha Gas for the LNG carrier Energy Fidelity. The agreement was executed through Pantheon Maritime Services, a Singapore-based affiliate of the Greek shipping company, strengthening GAIL’s LNG logistics capabilities.

Aurobindo Pharma Secures USFDA Approval​

Aurobindo Pharma received final approval from the US Food and Drug Administration to manufacture and market Dapagliflozin and Metformin hydrochloride extended-release tablets in multiple strengths. These are equivalent to AstraZeneca’s Xigduo XR tablets and will be produced at the company’s subsidiary APL Healthcare. The launch is expected immediately, targeting treatment for Type 2 diabetes.

Biocon Launches Two Products in the US Market​

Biocon announced the commercial launch of Bosaya and Aukelso in the United States. Both products had earlier received approval and interchangeable designation from the USFDA in September 2025.

Swan Defence Bags Major Shipbuilding Order​

Swan Defence and Heavy Industries secured an order worth between Rs 1,500 crore and Rs 3,000 crore from Energy ONE. The contract involves building four dual-fuel ammonia bulk carriers, marking the first such vessels to be constructed in India. The first delivery is scheduled for October 2029.

Prostarm Info Systems Wins EPC Contract, Signs MoU​

Prostarm Info Systems received a Letter of Award worth Rs 165 crore for executing EPC work on a 50 MWac solar PV project in Maharashtra. The project excludes three years of operations and maintenance services. Additionally, the company signed an MoU with Shenzhen Topband Co to explore cooperation in battery energy storage systems.

Arvind SmartSpaces Expands with Mumbai Project​

Arvind SmartSpaces has signed a residential high-rise project in Goregaon West, Mumbai, with a topline potential of approximately Rs 2,400 crore. The development, in partnership with Sigma Oxford Realtors, will offer around 0.67 million square feet of saleable carpet area.

Clean Max Commissions Hybrid Renewable Project​

Clean Max Enviro Energy Solutions announced the commissioning of a 185 MW hybrid renewable energy project at Kalavad. The project, combining solar and wind capacity, is expected to contribute over Rs 165 crore annually to revenue from FY27 and will supply green energy to 17 corporate clients.

Aditya Birla Capital Gets CCI Approval for Investment​

The Competition Commission of India approved a primary capital investment of around Rs 2,750 crore in Aditya Birla Housing Finance by Indriya, an entity of Advent International.

Dredging Corporation Signs MoU with Colombo Dockyard​

Dredging Corporation of India entered into a Memorandum of Understanding with Colombo Dockyard Plc, strengthening maritime cooperation between India and Sri Lanka.

Aditya Birla Real Estate Sees Strong Luxury Housing Demand​

Birla Estates, a subsidiary of Aditya Birla Real Estate, recorded bookings exceeding Rs 1,600 crore for its Birla Arika Phase 2 project in Gurugram. Around 97% of the units were sold within a month of launch.

ICRA in Focus After Stake Purchase​

Nippon India Mutual Fund acquired an additional 1.44 lakh shares, representing a 1.5% stake in ICRA, through transactions worth Rs 73.56 crore at Rs 5,075 per share. The fund already held a 6.88% stake as of March 2026.

Key Bulk Deals to Watch​

Goldman Sachs Funds sold 13.82 lakh shares in Cello World at Rs 401 per share, amounting to Rs 55.45 crore. Eastspring Investments offloaded 7.25 lakh shares in Mahanagar Gas worth Rs 69.39 crore. Meanwhile, Bhaskara Rao Bollineni increased stake in Sai Parenterals by purchasing 5.12 lakh shares worth Rs 20.96 crore.

Corporate Actions and Other Triggers​

Varun Beverages is trading ex-dividend, while Gravity India is trading ex-date for rights. Sammaan Capital remains under the F&O ban for today’s session. Muthoot Finance will hold a board meeting on April 10 to consider an interim dividend for FY26.

SRF also came into focus after receiving an income tax assessment order with a demand of Rs 327.44 crore due to a technical error. The company has filed for rectification and expects the demand to be reversed.