Top 10 stocks for today

30 Jun 2022 , 08:02 AM

Here are the companies that have major news in them and can move the markets in today’s expiry.

1. Infosys:

$10 million is invested by Infosys in the US-based The House Fund. The House Fund III, LP, a US-based venture capital (VC) fund, and the company have agreed to make a $10 million investment. By June 30 of this year, the investment is anticipated to be completed. This is small holding that makes up no more than 20% of the total fund size.

1. GR Infraprojects:

For its EPC project in UP, GR Infraprojects receives a certificate of completion. Purvanchal Expressway (Package-VII) in Uttar Pradesh, which was developed by the business using an EPC (engineering, procurement, and construction) model, is now complete. An independent engineer granted the completion certificate on June 28 and certified the project fit for launch into commercial operation beginning on March 7.

1. MTAR Technologies:

MTAR Technologies receives a 0.2% stake sale from Fabmohur Advisors LLP. On June 28, shareholder Fabmohur Advisors LLP sold 61,855 shares, or 0.2% of the firm, through open market transactions. As a result, its ownership in the company has dropped from 0.99% to 0.79%.

1. Wonderla Holiday:

In Bhubaneswar, Wonderla Holidays will build an entertainment park project. The business and the government of Odisha have a contract in place for the leasing of roughly 50 acres for the construction of an amusement park project in Bhubaneswar.

1. Minda Industries:

5.24% of FRIWO AG, a company established in Germany, is purchased by Minda Industries. By investing 14.99 million euros, the corporation has acquired 4,48,162 shares, or 5.24% of the German company. The investment was made in the mentioned business after receiving the necessary approvals.

1. Indian Oil Corporation:

Indian Oil Corporation will increase the refinery’s capacity in Digboi. The board has approved investment for the anticipated cost of Rs740.20 crore to increase the capacity of the Digboi refinery in Assam from 0.65 to 1 mmtpa along with accompanying infrastructure. By October 2025, the project is anticipated to be put into operation.

1. Sterlite technologies:

Jiangsu Sterlite Tongguang Fiber Co. will see Sterlite Technologies purchase the remaining 25% of the company. The business has a binding contract in place to buy the remaining 25% of Jiangsu Sterlite Tongguang Fiber Co Ltd. (JSTFCL). It currently holds 75% of the shares in JSTFCL. As a result, Sterlite will control a 100 percent stake in JSTFCL.

1. ONGC:

After the helicopter crash that occurred yesterday, killing 3 employees and 1 contractor, there will be negative sentiment around the stock.

1. NTPC:

Without endangering the environment, National Thermal Power Corporation (NTPC) installed a floating solar power plant at Kayamkulam. The stock was among the top gainers yesterday surging 1.95%

1. Aditya Birla Fashion and Retail:

When compared to the prior year’s quarter, inventory levels at almost a dozen publicly traded Indian retailers increased by an average of 50% as they took precautions against pandemic-related disruptions because they anticipated higher demand following two years of subpar sales performance.