Top 10 stocks for today — 12th October 2022

12 Oct 2022 , 08:21 AM

The Singapore Exchange’s Nifty futures traded 41.5 points, or 0.28%, higher at 16,981.5, indicating that the stock market is likely to have a green start on Wednesday. The following 10 stocks may show price movement in today’s market:

1. TCS:

The largest software exporter from India has announced a solution that would help with CBDC implementation and use.

1. Infosys:

The leading provider of IT services said that Ravi Kumar S, its president, had resigned. The move comes only days before it announces its second-quarter earnings. The action was not given any justification by the firm.

1. IndusInd Bank:

Route One Fund, a US-based hedge fund, I sold 1,20,00,000 shares, or 1.54% of its ownership in the private lender, through an open market transaction for a total of Rs1,401,91 crore.

1. Adani Enterprises:

According to two government sources, Adani Data Network, a division of Adani Enterprises, has been given a unified license for access services, allowing it to offer all telecom services in the nation.

1. Dr Reddy’s Laboratories:

The pharmaceutical company declared that the World Economic Forum has included Bachupally, here, as one of its Global Lighthouse Network locations for its largest manufacturing site.

1. Power Grid Corporation of India:

An interstate transmission project for the eastern and northeastern regions is being built by a special purpose vehicle (SPV), according to the state-run utility company that holds the majority of the stock.

1. Adani Green Energy:

Adani Renewable Energy Holding Four, the green energy company’s wholly owned subsidiary and support arm, has established two new subsidiaries.

1. Delta Corp:

The casino operator’s consolidated profit climbed by 19.5% sequentially to Rs68.25 crore during the quarter that ended in September FY23, and its revenue increased by 8% to Rs270 crore.

1. L&T Finance Holdings:

The sale of the financial services company’s entire stake in its subsidiary L&T Investment Management to HSBC Asset Management has been approved by Sebi (India).

1. INOX Leisure:

The country’s largest multiplex network will broadcast live all of India’s games at the next ICC Men’s T20 World Cup 2022 in its theatres.

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