Top 10 stocks for today- 13th October 2022

13 Oct 2022 , 08:16 AM

The Singapore Exchange’s Nifty futures traded 58.5 points, or 0.34%, lower at 17,046.5, indicating that the stock market may have a bad start on Thursday. The following 10 stocks may be active and show price movement in today’s market. To check more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

1. ITC:

In Brazil, ITC Infotech establishes a subsidiary. According to the business, ITC Infotech India, a subsidiary of ITC, has established ITC Infotech Do Brasil LTDA as a fully-owned subsidiary in Brazil.

1. HCL Technologies:

Outperforming market forecasts, the IT giant reported a 7% increase in its consolidated net profit for the September quarter at Rs3,489 crore.

1. Wipro:

The leading provider of IT services reported a 9.3% decline in net profit for the September quarter, primarily due to higher employee costs and reduced non-US earnings.

1. Tata Power:

The utility division of the Tata Group announced that it would build a 7 MW solar facility in Pantnagar for Tata Motors.

1. Power Grid Corporation of India:

In the last five months, LIC sold more than 2% of its stake in the state-run power company for Rs3,079.43 crore, according to the insurer.

1. PVR:

The multiplex operator said that the merger plan with rival Inox Leisure had gotten approval from its shareholders.

1. BHEL:

The state-owned engineering company claimed to have signed two different contracts for the construction of coal gasification-based plants with Coal India and NLC India Ltd.

1. Aether Industries:

The manufacturer of specialty chemicals announced the opening of its Surat, Gujarat, research and development centre, which cost Rs 33 crore to build.

1. Suven Life Sciences:

The pharmaceutical business announced that the rights issue of 7,26,91,239 shares for Rs 399.80 crore has been approved by the board of directors.

1. Adani Wilmar:

The leading producer of edible oils forecasted low single-digit yearly growth in overall revenue for the quarter of July through September due to a decline in edible oil prices.

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