Top 10 stocks for today - 15th December 2023

15 Dec 2023 , 08:20 AM

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

1. Hero Motocorp: The company has announced the appointment of Vivek Anand as the Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO). Both Vivek and Rachna will directly report to the CEO.
2. BHEL: Bharat Heavy Electricals Limited (BHEL) and the Central Manufacturing Technology Institute (CMTI) have inked a Memorandum of Understanding (MoU) to collaborate on technology development. The focus areas of collaboration include the Hydrogen value chain and Industrial Internet of Things (IIoT) solutions for predictive maintenance of machines and manufacturing processes.
3. SBI: The country’s largest public sector lender has finalized transaction documents for the acquisition of 3,70,644 shares, equivalent to a 6.35 percent stake, in Canpac Trends. Canpac Trends specializes in providing paper-based packaging solutions. The transaction is valued at nearly Rs 50 crore.
4. Vedanta: Vedanta is set to convene a Board meeting on December 19 to deliberate on the issuance of non-convertible debentures (NCDs) through a private placement.
5. M&M Financial Services: The company’s Board has granted approval for engaging in an additional business activity, which involves soliciting and procuring insurance business as a corporate agent (composite) across life, health, and general insurance, encompassing both group and individual policies.
6. PVR Inox: Plenty Private Group and Multiples Private Group are reportedly considering the sale of a 2.33 percent stake in the multiplex chain. According to sources, the anticipated offer price is expected to fall within the range of Rs 1,750 to Rs 1,769.5 per share, with the potential offer size estimated at Rs 404.5 crore.
7. LTIMindtree: The technology consulting and digital solutions company have opened a new delivery center in Mexico City to enhance its presence in Latin America. This facility will play a crucial role in facilitating workforce transformation and localization for LTI Mindtree in the Americas.
8. KFin Technologies: Global private equity firm General Atlantic is reportedly considering the sale of a 6.2% stake in KFin Technologies through a block deal, according to sources cited by ETNow.
9. Mazagon Dock: The state-owned shipbuilding company has unveiled India’s fastest solar-electric boat, named SaurShakti, in Kochi. The boat is the result of a collaboration between Mazagon Dock Shipbuilders and NavAlt Solar Electric Boat, Kochi.
10. PB Fintech: Income Tax authorities conducted visits to Paisabazaar Marketing and Consulting, a wholly owned subsidiary of PB Fintech, on December 13 and 14, seeking information about specific vendors associated with Paisabazaar.