Top 10 stocks for today

15 Jul 2022 , 09:10 AM

The Singapore Exchange's Nifty futures traded 56.5 points, or 0.35%, higher at 15,990, indicating that Indian equity markets are likely to have a good start on Friday. The following ten stocks may be the most popular ones in today's market:

1. Bharti Airtel:

The telecom company announced that it has allotted internet giant Google more than 7.1 crore equity shares for Rs734 each. The allocation is a component of Google's agreement to invest $1 billion with Airtel, which also includes a $700 million, or roughly Rs 5,224 crore, equity investment in the company.

1. Life Insurance Corporation of India:

The Indian Embedded Value (IEV), according to the state-run insurance giant, was Rs5,41,492 crore as of March 31, 2022, up from Rs95,605 crore a year ago. The consolidated value of shareholders' interests in the life insurance industry is measured by the Embedded Value (EV).

1. ACC:

Due to the increase in fuel prices and associated inflationary effects, the cement manufacturer recorded a 60.07% fall in total net profit at Rs227.35 crore in the June 2022 quarter. Between April and June of 2021, the company reported a profit of Rs569.45 crore.

1. Dabur India:

According to the company's annual report, the FMCG giant boasts four brands with annual sales of at least Rs1,000 crore. Over Rs500 crore in sales is generated by its two brands, Dabur Honey and Dabur Chyawanprash.

1. Cipla:

The pharmaceutical company said that its subsidiary Cipla Health Ltd. has signed binding contracts to buy Medinnbelle Herbalcare's Endura Mass nutritional supplement brand for an unknown fee.

1. Tata Elxsi:

For the quarter that ended in June 2022, the IT division of the Tata Group recorded a solid 63% gain in earnings at Rs184.7 crore thanks to high operating profit and top-line growth. The company recorded an increase in operating revenue of 30% to Rs725.9 crore.

1. L&T Infotech:

For the first quarter ended June 30, 2022, the IT company reported a consolidated net profit rise of 27.6%, at Rs633.5 crore. At the same time a year prior, it had made a profit of Rs496.3 crore.

1. Tata Steel Long Products:

The manufacturer of metal goods reported a net loss of Rs331.09 crore for the quarter ending in June, primarily due to rising expenses. In the same period last year, the company earned Rs331.60 crore in profit.

1. Torrent Power:

The Solar Energy Corporation of India has awarded the electric utility company a 300 MW wind energy project in Karnataka (SECI). The project is expected to cost Rs2,600 crore, according to the business.

1. GTPL Hathway:

In the quarter that ended in June 2022, the digital cable TV services provider company reported a 9% decline in profit to Rs43.25 crore, but revenue increased by almost 5% to Rs630.9 crore during that same period, driven by increases in subscription revenue of 3% to Rs272.7 crore and broadband revenue of 24% to Rs113.9 crore.