Top 10 stocks for today - 13th October 2023

13 Oct 2023 , 08:40 AM

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

Infosys: Infosys’ consolidated net profit increased by 3% year-on-year to Rs 6,212 crore in the September quarter.

HCL Tech: HCL Technologies’ consolidated net profit increased by 10% to Rs 3,832 crore in the third quarter ended September.

Dr Reddy’s: Following an inspection of the company’s biologics manufacturing facility in Bachupally, Hyderabad, the USFDA issued nine observations.

Maruti Suzuki: Maruti Suzuki announced that its Board of Directors will meet on October 17 to review and approve the preferential issue of equity shares to Suzuki Motor.

Paytm: On Thursday, the Reserve Bank of India announced a Rs 5.39 crore penalty against Paytm Payments Bank Ltd for failing to comply with several regulations, including Know Your Customer (KYC) norms. The RBI also discovered non-compliance with various rules connected to the ‘RBI Guidelines for Payments Bank Licencing.’

Hero MotoCorp: The prosecution proceedings against Hero MotoCorp, its chairman Pawan Munjal, and workers in an alleged forgery case were halted on Thursday by the Delhi High Court. The FIR’s suspension and the trial court’s decision will remain in effect until December 6.

Wipro: Wipro Pari, Wipro Enterprises’ industrial automation company, has signed a definitive agreement to purchase a significant majority investment in Ferretto Automation and Services, a Ferretto Group subsidiary based in San Polo – Reggio Emilia, Italy.

KP Energy: Aditya Birla Renewables has awarded K P Energy a contract to build a 23.1 MW Balance of Plant wind energy plant. The value of the order, however, was not disclosed by the company.

HDFC Life: Shares of HDFC Life and Sai Silks (Kalamandir) will be under the spotlight as the companies are expected to report second-quarter earnings.

IRB Infra: To implement the Samakhiyali Santalpur BOT Project, the business has signed formal agreements with affiliates of GIC Private as financial investors.

 

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