Top Stocks to Watch: NTPC, Cochin Shipyard, Adani Ports, Divi’s, Wipro, and Nazara Tech ($NAZARA) – Key Market Movers

<ul>
  <li>NTPC reported a 33% YoY surge in Q4 net profit to ₹6,490 crore and a 7.6% increase in revenue to ₹47,622 crore.</li>
  <li>Cochin Shipyard saw a 558.1% YoY spike in profit to ₹258.88 crore and a 114.3% jump in revenue to ₹1,286 crore in Q4.</li>
  <li>Adani Ports will replace Wipro in the BSE Sensex effective from June 24, while several other companies will be included or removed from various indices.</li>
</ul>
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<h2><strong>NTPC's Impressive Q4 Performance</strong></h2>
<p>NTPC reported a significant 33% year-on-year increase in its Q4 net profit, reaching ₹6,490 crore. The company's revenue also saw a 7.6% rise to ₹47,622 crore. This growth is attributed to a 4.15% increase in gross power generation, which reached 93.387 billion units (BU) in Q4, driven by rising power demand due to high temperatures across the country. The board has recommended a final dividend of ₹3.25 per share.</p>

<h3><strong>Cochin Shipyard's Remarkable Profit Surge</strong></h3>
<p>Cochin Shipyard reported a staggering 558.1% year-on-year increase in profit, amounting to ₹258.88 crore in Q4. The company's revenue also jumped by 114.3% to ₹1,286 crore. This remarkable performance highlights the company's strong operational capabilities and strategic growth initiatives.</p>

<h2><strong>Adani Ports to Replace Wipro in BSE Sensex</strong></h2>
<p>Adani Ports and Special Economic Zone will replace Wipro in the BSE Sensex effective from June 24. Additionally, several changes will be made to the S&P BSE 100 index, with REC, HDFC AMC, Canara Bank, Cummins India, and Punjab National Bank being included, while Page Industries, SBI Card, ICICI Prudential Life Insurance, Jubilant FoodWorks, and Zee Entertainment Enterprises will be removed. Trent will replace Divi's Laboratories in the S&P BSE Sensex 50 index.</p>

<h3><strong>Conclusion</strong></h3>
<p>The recent financial performances of NTPC and Cochin Shipyard demonstrate significant growth and resilience in their respective sectors. Meanwhile, the inclusion and exclusion of companies in major indices like the BSE Sensex and S&P BSE 100 reflect the dynamic nature of the stock market. Investors should stay informed about these developments to make well-informed decisions.</p>