Top 10 stocks for today – 12th June, 2023

12 Jun 2023 , 07:47 AM

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

1. Tata Motors: HSBC India has partnered with Tata Motors to provide finance on the purchase of electric vehicles by the employee working in the corporate sector. Consumers get the chance to apply for tailor-made loan to purchase Tata Motors EV.
2. SBI: The largest public sector lender has received approval from its board to raise up to Rs 50,000 crore through debt instruments in current financial year.
3. TVS Motors: TVS Credit, a subsidiary of TVS Motor, has given its approval for the execution of share purchase agreements involving PI Opportunities Fund-I Scheme-II, TVS Credit, and certain existing shareholders of TVS Credit. This investment is being made to provide TVS Credit with the necessary capital to support its growth plans.
4. Kotak Mahindra Bank: Foreign portfolio investor Canada Pension Plan Investment Board (CPP Investment Board) has recently divested a portion of its investment in Kotak Mahindra Bank, a private sector lender, through open market transactions.
5. InterGlobe Aviation: The top airline company of India has expanded codeshare partnership with Turkish Airlines for United States.it will launch new codeshare flights to 4 cities in the US via Istanbul from June 15 onwards.
6. Info Edge India: The company has agreed to sell its shareholding in Happily Unmarried Marketing (HUM), held through its wholly owned subsidiary Startup Investments (Holding) (SIHL) to VLCC Health care.
7. SAIL: Life Insurance Corporation of India acquired additional 2% stake in the steel company via open market transactions, increasing its shareholding in the company to 8.687%, up from 6.686% earlier.
8. Blue Dart: The company has appointed V N Iyer as new group CFO. Earlier, he had served as the CFO of Blue Dart Aviation for 5 years.
9. CMS Info Systems: Promoter Sion Investment Holdings Pte Limited has recently sold 2.12 crore equity shares, amounting to a 13.75% stake, in the company through open market transactions.
10. Cochin Shipyard: The Indian Navy has declared shipbuilding company as L1 for MR/Mid Life upgrade of an Indian naval ship. The contract value is estimated to cost around Rs 300 crore and the project to be delivered in 24 months.