Top 10 stocks for today — 14th October 2022

14 Oct 2022 , 08:21 AM

The Singapore Exchange’s Nifty futures traded 282 points, or 1.66%, higher at 17,239, indicating that the markets may have a good start on Friday. The following 10 stocks may show price movement in today’s market. To check more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

1. BHEL:

The heavy electricals company and Coal India and NLC India reached an agreement for the establishment of coal gasification-based plants in the nation.

1. HDFC Life:

Final permission for the merger of Exide Life into HDFC Life Insurance Company (HDFC Life) has been given by the regulatory body for the insurance industry, Irdai.

1. Infosys:

The second-largest IT services provider in India reported a better-than-anticipated 11% increase in consolidated net profit for the September quarter at Rs 6,021 crore and announced a share buyback worth Rs 9,300 crore.

1. Chemcon Specialty Chemicals:

For its business operations, the chemicals company has purchased land in Vadodara.

1. MindTree:

IT company revealed that its consolidated net profit after tax for the September quarter increased by 27.5% year over year to Rs 508.7 crore.

1. Bandhan Bank:

The private lender stated that by growing its exposure to secured loans to 70% by 2025, it will diversify its asset base. Additionally, the bank will spread out geographically.

1. Anand Rathi Wealth:

For the three months that concluded in September 2022, the non-bank wealth solutions company recorded a 41% increase in profit after tax, coming in at Rs43 crore.

1. MTNL:

The State-owned telecom company announced that its shareholders have approved a plan to raise up to Rs17,571 crore through private placements of government-guaranteed debt notes.

1. Pennar Industries:

The company received an order from NTPC for the construction of a solar plant in Bhadla, Rajasthan.

1. Power Mech Projects:

The engineering and construction company reported that the Bangalore Metro Rail Corporation has placed an order for Rs499.41 crore with its joint venture with RITES.

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