Stocks to Watch Amid Black Monday 2.0 Fear: Tata Motors, Nykaa, ITC, Yes Bank, L&T Among Key Shares in Focus
Tata Motors : The ghost of Black Monday seems to be haunting global financial markets once again. Nearly four decades after the historic crash of October 19, 1987, which wiped out trillions in market value, concerns are mounting over a potential repeat scenario—dubbed Black Monday 2.0. This comes after American market commentator Jim Cramer warned investors of a possible “bloodbath” on April 7, 2025, following US President Donald Trump’s unexpected decision to slap a 25% tariff on imported vehicles.
Here’s a detailed look at the Indian stocks making headlines today as fears ripple through Dalal Street:
🔻 Tata Motors: All Eyes on Jaguar Land Rover (JLR)
Tata Motors is expected to remain volatile after its UK-based luxury vehicle arm, Jaguar Land Rover, halted exports to the United States. This drastic step comes in response to the newly imposed 25% import tariff by the US government. As the luxury carmaker reassesses its US strategy, investor sentiment around Tata Motors may remain cautious.
💄 Nykaa (FSN E-Commerce Ventures): Growth in Beauty, Fashion Segments
Nykaa’s consolidated net revenue is projected to grow in the low to mid-20% range. The beauty segment is leading the charge, with its Gross Merchandise Value (GMV) expected to grow in the low 30% range. Meanwhile, the fashion segment is showing promising recovery, expected to grow in the high teens.
🏗️ Godrej Properties: Expands in Mumbai’s Versova
Real estate heavyweight Godrej Properties has signed an agreement to develop a prime parcel of land in Versova, Mumbai—its first project in this upscale Western suburb. This move marks a strategic expansion for the developer in a high-demand location.
💊 AstraZeneca Pharma: Approval for New Lung Cancer Drug Use
AstraZeneca has received regulatory approval in India to import and market its Osimertinib tablets (TAGRISSO) for expanded therapeutic use in treating NSCLC (non-small cell lung cancer). This development is likely to improve the company’s pharma portfolio and long-term revenue outlook.
⚓ Mazagon Dock Shipbuilders: OFS Draws Retail Investors
The Government of India is utilizing the oversubscription option to sell an additional 47.69 lakh shares (1.18% stake) in Mazagon Dock Shipbuilders. The retail portion of this Offer for Sale (OFS) opens today, drawing retail investor interest amid defense sector optimism.
🚬 ITC: Increases Stake in Ample Foods
ITC has purchased an additional 2.62 lakh equity shares of Ample Foods for ₹131 crore, raising its stake to 43.75%. This investment highlights ITC’s expanding interest in the fast-growing health foods and FMCG sectors.
🏗️ Tata Steel: Faces ₹25,000+ Cr Tax Reassessment
Tata Steel is facing a reassessment order proposing an increase in taxable income by ₹25,185.51 crore. The reassessment pertains to a debt waiver granted to Tata Steel BSL. The company has challenged the order in the Bombay High Court.
🏦 Yes Bank: Senior Executives Exit
Yes Bank could witness choppy trade as two top executives—Dhavan Shah (SME Banking) and Akshay Sapru (Private Banking)—have reportedly resigned. The exits might signal restructuring at the top and could shake investor confidence.
🏘️ Bajaj Housing Finance: Strong Q4 Performance
The company posted strong disbursement figures of ₹14,250 crore in Q4 FY25, up from ₹11,393 crore a year ago. The robust growth reflects rising consumer demand in the affordable housing sector.
🌱 Larsen & Toubro (L&T): Focus on Green Energy
L&T has established a new green hydrogen subsidiary—L&T Green Energy Kandla Pvt. Ltd. With the green energy movement gaining traction, this move aligns L&T with India’s clean energy future.
📊 Key Financial Ratios
| Company | P/E Ratio | ROE (%) | Debt-to-Equity | Market Cap (₹ Cr) | Sector |
|---|---|---|---|---|---|
| Tata Motors | 11.2 | 12.5 | 0.9 | 2,02,300 | Auto |
| Nykaa (FSN) | 182.6 | 7.8 | 0.2 | 36,750 | E-Commerce |
| Godrej Properties | 85.7 | 10.1 | 0.8 | 54,400 | Real Estate |
| AstraZeneca Pharma | 42.3 | 18.4 | 0.1 | 7,800 | Pharmaceuticals |
| Mazagon Dock | 18.9 | 28.5 | 0.0 | 28,300 | Defense/Shipbuilding |
| ITC | 23.5 | 28.6 | 0.03 | 5,08,000 | FMCG/Cigarettes |
| Tata Steel | 5.7 | 12.2 | 1.4 | 1,55,700 | Steel |
| Yes Bank | 23.1 | 3.2 | 1.1 | 58,500 | Banking |
| Bajaj Housing Finance | NA | NA | 4.5 (est) | NA (Subsidiary) | NBFC |
| Larsen & Toubro | 29.6 | 15.3 | 0.6 | 4,05,000 | Infrastructure |
🔎 Q&A: What You Need to Know
Q1: Why is Tata Motors in the spotlight today?
A: Jaguar Land Rover, its UK arm, has halted exports to the US due to a 25% import tariff imposed by the US government.
Q2: What makes Nykaa a stock to watch?
A: Nykaa’s beauty and fashion GMVs are growing faster than the industry average, suggesting strong customer demand.
Q3: What’s behind the buzz around ITC?
A: ITC increased its stake in Ample Foods to 43.75%, reinforcing its presence in the health and FMCG segment.
Q4: How did Bajaj Housing Finance perform this quarter?
A: It posted a 25% year-over-year growth in gross disbursements, showing strong demand in the housing finance market.
Q5: What triggered market fears of Black Monday 2.0?
A: Concerns surged after President Trump imposed hefty tariffs and Jim Cramer warned of a global sell-off.
This article not only tracks today’s most active stocks but also ties in global developments that could influence market direction. Keep an eye on the above counters as volatility is expected to rise across sectors.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.