Top 10 stocks for today - 16th September, 2022

16 Sep 2022 , 08:00 AM

The Singapore Exchange’s Nifty futures traded 99 points, or 0.55% lower at 17,780, indicating that stock markets may have a bad start on Friday. The following stocks may have notable price movement in today’s market. To check more hot stocks, click at : https://www.indiainfoline.com/markets/hot-stocks

1. Adani Ports and SEZ:

Due to a concession deal that its subsidiary HDC Bulk Terminal signed with Syama Prasad Mookerjee Port, Kolkata, for the mechanization of Berth No. 2 at Haldia port, Adani Ports would increase the capacity of Haldia Dock in Bengal.

1. UPL

The company has purchased 26% stake in CleanMax Enviro.

1. SBI Cards and Payment Services:

The company that issues credit cards has raised Rs500 crore through private placement. by issuing 5,000 fixed-rate, unsecured, tax-deductible, and redeemable bonds in the form of non-convertible debentures of Rs10 lakh each.

1. PVR:

Through open market transactions, three different organizations sold 40.45 lakh shares of the multiplex operator for a total of Rs759.14 crore.

1. IndusInd Bank:

The bank’s board of directors accepted Sumant Kathpalia’s appointment to the position of managing director and chief executive officer for a further three years, subject to the approval of the RBI.

1. Tata Metaliks:

The expansion project for Tata Metaliks’ ductile iron pipe mill in Kharagpur, valued at Rs600 crore, was officially opened by the metal player.

1. Indian Hotels Company:

A management agreement for a 129-room Vivanta hotel in Haridwar, Uttarakhand, was signed by the hotel operator for the Tata Group and Marvelous Infraestate.

1. Ujjivan Small Finance Bank:

The private lender completed its qualifying institutional placement, through which it issued more than 22.6 crore shares and raised Rs475 crore.

1. Ester Industries:

The packaging manufacturer has finished selling Radici Plastics India its engineering plastics division. In May 2022, Ester entered into a legally binding contract to sell the aforementioned business for Rs289.33 crore.

1. SJVN & Tata Power:

Tata Power Solar Systems has been given the contract to build a 100 MW solar project in Raghanesda in Gujarat.
 
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