Top 10 stocks for today – 10th July, 2023

10 Jul 2023 , 07:50 AM

Here are some stocks that may show significant price movement today.

1. Reliance Industries: July 20 is set as the record date by the company for the demerger of its financial services subsidiary, Reliance Strategic Investments.
2. IOCL: The board has approved to raise Rs 22000 through right issue. IOC will also invest Rs 1,800 crore in the JV till financial year 2026-2027.
3. HDFC Bank: HDFC has announced its plan to sell 2% equity in the NSDL (National Securities Depository Limited) initial public offering (IPO) through an Offer for Sale (OFS). Currently, HDFC Bank holds a stake of 8.95% in NSDL.
4. Zydus Life Sciences: The US Food and Drug Administration (FDA) has completed the pre-approval inspection (PAI) of Zydus group’s manufacturing facility at SEZ-2, Ahmedabad, without issuing any observations.
5. Vedanta: The board has approved the acquisition of 100 percent equity in Vedanta Foxconn Semiconductors Pvt. Ltd. and Vedanta Displays Ltd., which are both wholly-owned subsidiaries of Twin Star Technologies Ltd.
6. ITC: ITC has issued a clarification regarding recent media reports about the demerger of its hotel business. The company affirms its unwavering commitment to implementing its ‘asset-right’ strategy specifically tailored for the hotels business.
7. HAL: Hindustan Aeronautics Limited has entered into a contract worth Rs 458 crore with the Ministry of Defence to provide two upgraded Dornier Aircraft for the Indian Coast Guard, along with the necessary engineering support.
8. Aurobindo Pharma: CuraTeQ Biologics, a subsidiary of the company, has recently entered into an exclusive license agreement with BioFactura Inc, based in the USA. This agreement enables CuraTeQ Biologics to commercially develop and market BFI-751, a proposed biosimilar to Stelara (Ustekinumab).
9. Samvardhana Motherson: An agreement has been signed for the acquisition of a 100% stake in Rollon Hydraulics Pvt. Ltd. for Rs 76.5 crore.
10. Hindustan Zinc: The mining company has announced an interim dividend of Rs 7 per share for the FY23, totaling Rs 2,957.72 crore.