Top 10 stocks for today - 22nd September, 2022

22 Sept 2022 , 08:56 AM

The Singapore Exchange's Nifty futures traded 143 points, or 0.81%, lower at 17,573, indicating that the stock markets may have a bad start to the day on Thursday. The following 10 stocks may show significant price movement. To check more hot stocks, click at : https://www.indiainfoline.com/markets/hot-stocks

1. State bank of India:

The public sector lender said that the sale of bonds with a coupon rate of 7.57% collected Rs 4,000 crore. Basel III compliant tier II bonds were used to raise the cash.

1. HDFC Bank:

The largest private lender in the nation has partnered with Refinitiv, a division of the London Stock Exchange group. One of the biggest global providers of financial markets data and infrastructure is Refinitiv. The partnership aims to modernize digitally, attract new clients, and cut expenses.

1. Punjab National Bank:

By selling Basel III compliant extra Tier-1 bonds with an annual interest rate of 8.3% through a private placement, the public sector lender has raised Rs 658 crore.

1. PB Fintech:

The fintech company will invest Rs 250 crore in Paisabazaar Marketing and Consulting and Rs 650 crore in Policybazaar Insurance Brokers.

1. Kirloskar Oil Engines:

The manufacturer of diesel engines announced that Anurag Bhagania has been named as the company's chief financial officer, effective as of September 22.

1. Triveni Engineering and Industries:

The Sugar Company reported selling its full 21.85% share in Triveni Turbines for around Rs 1,600 crore.

1. REC:

The government-run institution has been given the designation of "Maharatna" Central Public Sector Enterprise. As a result, REC will have more financial and operational independence.

1. Triveni Turbine:

As Triveni Engineering & Industries sold its whole stake, Abu Dhabi Investment Authority, the Government of Singapore, Plutus Wealth Management, The Nomura Trust & Banking Company, and other mutual funds acquired stakes in the company at an average price of Rs 226.7.

1. Future Enterprises:

The company has missed interest payments totalling Rs15.73 crore on non-convertible debentures. The payment was due on September 20, 2022.

1. KPI Green Energy:

The utility company recently obtained a fresh order from Greenlab Diamonds LLP, Surat, for the execution of a 5.40 MW wind-solar hybrid power project within the "captive power producer business category."
 
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