Top 10 stocks for today - 7th September, 2022

The Singapore Exchange’s Nifty futures traded 197.5 points, or 1.12%, lower at 17,477.5, indicating that the stock markets may have a bad start to the day on Wednesday. The following ten stocks may see significant price movement today.

1) InterGlobe Aviation:

The low-cost airline IndiGo has confirmed that Pieter Elbers has taken up the job of Chief Executive Officer, succeeding Ronojoy Dautta.

2) Syngene International:

According to BSE’s bulk data, pharmaceutical company Biocon sold a total of 21,789,164 shares, or 5.4% of its ownership, in its research division in an open market transaction for little over Rs1,220.28 crore at an average price of Rs560.04 per share.

3) Wipro:

With the aim of providing managed security and network transformation solutions like SASE (secure access service edge), cloud security, and next-generation SOC (security operations centre) solutions based on Zero Trust principles for multinational corporations, the leader in IT services has expanded its collaboration with Palo Alto Networks.

4) Paras Defence and Space Technology:

The defence company has signed an exclusive teaming contract with Czech team “ELDIS Pardubice” s.r.o. The collaboration will offer complete anti-drone systems to Indian airports serving the general public.

5)Astral:

The plastic goods company has been given permission by NCLT to combine its subsidiaries Resinova Chemie Limited and Astral Biochem.

6) Dreamfolks Services:

3,03,446 equity shares in the company were purchased by Mirae Asset India Small-Midcap Focus Equity Master Investment Trust through open market transactions. At an average price of Rs471.51 per share, these shares were purchased.

7) Suzlon Energy:

The producer of renewable energy solutions announced that Sembcorp’s subsidiary Green Infra Wind Energy has given it the go-ahead to establish a 180.6 MW wind energy project.

8)Hatsun Agro:

In open market transactions, promoter Raja Ganesan Chandramogan sold 27.20 lakh equity shares, or 1.26% of the dairy products company, for an average price of Rs987.8 per share.

9)Reliance Industries:

Reliance Industries (RIL) announced on Tuesday that it has signed formal agreements with SenseHawk Inc. to buy a 79.4% stake in the business through a primary infusion and a secondary purchase for a total of $32 million.

10) IDBI Bank:

According to news reports, the government has written to the Securities and Exchange Board of India (Sebi) asking for a two-year waiver of the minimum public shareholding (MPS) requirements for IDBI Bank, following its privatization.

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