Top 10 stocks for today - 11th October 2023

11 Oct 2023 , 08:49 AM

Here are some of the stocks that may see significant price movement today.

1. Bank of Baroda: The Reserve Bank of India has advised the Bank of Baroda to suspend any further onboarding of their customers onto the ‘Bob World’ mobile application with immediate effect. This action is predicated on substantial supervisory issues detected in the method in which their consumers were onboarded into this mobile application.
2. Tata Consultancy Services: The stock will be in focus as the company prepares to release its September quarter earnings on October 11. Delta Corp, Samhi Hotels, Signature Global (India), Zaggle Prepaid Ocean Services, Dipna Pharmachem, Justride Enterprises, National Standard (India), Plastiblends India, and Sanathnagar Enterprises will also issue quarterly results scorecards on the same day.
3. Titan: The company, which makes everything from jewellery to watches to eyeglasses, announced that its board of directors will meet on October 17 to discuss the issue of non-convertible debentures on a private placement basis, within the permitted borrowing limitations.
4. Wipro: On October 10, the prominent IT services company finalized its subscription to FPEL’s equity share capital for Rs 6.3 crore. On September 1, the company reached a binding deal to purchase a 9.5% share in FPEL Ujwal, which develops, builds, and manages a portfolio of solar power assets.
5. NCL Industries: Cement production for the quarter ended September FY24 was 6,59,300 metric tonnes (MT), up 9% year on year (YoY), and cement dispatches were 6,69,587 MT, up 11% YoY, while cement boards production increased by 12% year on year to 21,509 MT, and cement boards dispatches increased by 9% to 20,239 MT.
6. Union Bank of India: Sudarshana Bhat has been promoted to Chief General Manager of Union Bank, effective October 10. Earlier, Sudarshana Bhat was the bank’s general manager.
7. Birla Corporation: The flagship company of the MP Birla Group has got a penalty order of Rs 8.43 crore from the Office of Collector (Mining), Satna, Madhya Pradesh, for excess limestone production from captive mining from 2000-01 to 2006-07.
8. Bajaj Auto: The automaker and its UK partner Triumph Motorcycles unveiled the ‘Triumph Scrambler 400 x,’ their second co-developed motorcycle. Ex-showroom prices begin at Rs 262,996.
9. LTIMindtree: Infineon Technologies AG has chosen the company as a key partner for SAP service implementation.
10. HDFC Asset Management: The board of the Association of Mutual Funds in India has elected Navneet Munot, MD and CEO of asset management firm Navneet Munot, as the association’s new chairman.

 

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