Top 10 stocks for today - 10th October, 2022

10 Oct 2022 , 07:54 AM

The Singapore Exchange’s Nifty futures traded 278 points, or 1.61%, lower at 17,036, indicating that the stock market may have a bad start to the week. The following 10 stocks may show price movement in today’s market. To check more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

1. HDFC:

Next week, the largest mortgage lender in India will issue bonds in a private placement to raise up to Rs12,000 crore.

1. HCL Technologies:

Over the next two years, the IT company intends to hire 1,300 individuals in Mexico. The move is anticipated to boost its 2,400-person workforce base there currently.

1. Tata Consultancy Services:

India Inc.’s earnings season will formally begin with the IT giant of the Tata Group. Results for the three months that ended September 30, 2022, will be released today.

1. Ambuja Cements:

The cement company said that all of the shareholder proposals in its EGM, including one to appoint Gautam Adani and others to the company’s board of directors and another to raise Rs20,000 crore from an Adani group company, have been approved.

1. Power Grid Corporation of India:

The transmission system project in Madhya Pradesh has been successfully commissioned by the state-run electricity transmission company’s subsidiary, Bhind Guna Transmission Limited.

1. Tata Motors:

In the second quarter that concluded on September 30, 2020, the locally owned Jaguar Land Rover recorded a 4.9% reduction in retail sales at 88,121 units.

1. Hindustan Unilever:

The FMCG company reduced the cost of some soap brands by up to 15% as palm oil and other raw materials become more affordable.

1. Macrotech Developers:

The real estate company added four land parcels in the Mumbai and Pune regions during the last quarter in order to create home projects with a Rs 3,100 crore revenue potential.

1. IDBI Bank:

The government announced that it and LIC would sell a combined 60.72% of the financial institution’s shares as part of the privatization process.

1. Tata Power:

The Tata Group announced intentions to establish substantial infrastructure for electric vehicle charging as well as 10,000 MW of renewable energy capacity, primarily solar energy, in Rajasthan, during the next five years.

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