Top 10 stocks for today

4 Jul 2022 , 08:16 AM

Here are the top 10 stocks for today which are likely to see movement in their prices:

1. HDFC:

One of the largest business deals in Indian history, the proposed merger of HDFC and its banking arm HDFC Bank, has been approved by stock exchanges. Both stock markets have given HDFC and HDFC Bank their approval.

1. NTPC:

The Rajasthan government and NTPC Renewable Energy (NREL), a division of the state-run power behemoth, have inked a memorandum of understanding (MoU) for the development of 10 GW of ultra-mega renewable energy power parks (UMREPP) in Rajasthan. NTPC Group has set a target of 60 GW of renewable energy capacity by 2032, according to a statement from the power PSU.

1. Maruti Suzuki:

The largest automaker in the nation reported an output of 1.44 lakh automobiles in June 2022 compared to 1.65 lakh units a year earlier. According to the report, the lack of electronic parts had only a minimal effect on car manufacturing last month.

1. Mahindra & Mahindra:

The automaker sold 54,096 vehicles in June 2022, up 64% from the 32,964 sold in the same month the previous year. Exports for the month were 2,777 vehicles, up 7% YoY. In June, it sold 41,848 tractors, down 13% from the 48,222 machines it sold in the same month last year.

1. NMDC:

The iron ore producer reported June 2022 iron ore output of 2.57 million tonnes, down from 2.98 million tonnes in June of last year, and sales of 1.9 million tonnes, down from 3.18 million tonnes in June of last year.

1. Bharat Forge:

The purchase of JS Auto Cast Foundry India was successfully completed by the corporation and its subsidiary. The transaction’s enterprise value is Rs489.63 crore.

1. Muthoot Finance:

The corporation has been given permission to open 150 additional branches by the Reserve Bank of India. In India as of right present, there are more than 5,443 branches.

1. JSW Steel:

The steel manufacturer has set aside Rs10,000 crore to enhance the usage of renewable energy in place of thermal power and other green measures in an effort to lessen its carbon footprint. Coal is used by a number of steel manufacturers to produce thermal power for captive use.

1. Avenue Supermarket:

For the first quarter of 2022 that ended on June 30, the owner and operator of the retail chain D-Mart recorded doubling of its standalone revenue from operations to Rs 9,806.89 crore. 

1. Oil India:

The additional responsibility of Chairman and Managing Director of the country’s second-largest exploration and production (E&P) corporation has been assumed by Harish Madhav, Director (Finance), Oil India (OIL). Following the June 30 superannuation of Sushil Chandra Mishra, Madhav was assigned the extra responsibility. Madhav assumed control on July 1.