Top 10 stocks for today – 15th November 2023

15 Nov 2023 , 08:23 AM

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

Biocon: The Medicines and Healthcare Products Regulatory Agency (MHRA) in the United Kingdom has approved Biocon Biologics subsidiary’s drug YESAFILI, a biosimilar of Aflibercept. Yesafili is an ophthalmic medication used to treat neovascular (wet) and age-related macular degeneration.

Rail Vikas Nigam: The Central Railway has issued a letter of approval to the railway business for construction work, delivery of stone ballast, track joining, and side drain retaining in the Dharakoh Maramjhiri section in conjunction with the third line. The total cost of the project is Rs 311.18 crore.

Asian Paints: The Khandala plant’s initial installed production capacity has been raised to 4 lakh KL per annum in order to satisfy the company’s medium-term capacity requirements. The business has invested Rs 385 crore for the expansion in installed capacity, which has been paid by internal accruals.

Wipro: Designit Tokyo Co. Ltd., a subsidiary of the IT services firm, has been voluntarily dissolved as of November 13.

PVR Inox: The multiplex network has erected a six-screen Maison INOX at Mumbai’s Jio World Centre and a four-screen Maison INOX at Bhubaneswar’s Utkal Kanika Galleria Mall. PVR INOX currently has the largest multiplex network in India and Sri Lanka, with 1,711 screens spread over 359 locations in 114 cities.

Grasim Industries: The Aditya Birla Group firm recorded a 17.6% year-on-year fall in standalone profit at Rs 795 crore for the quarter ended September FY24, owing to reduced realizations in the caustic soda industry as worldwide prices fell sharply. Revenue fell 4.5% year-on-year to Rs 6,442 crore, owing to decreased chemicals sales and slower viscose growth.

ASK Automotive: On November 15, the car auxiliary firm will launch its equity shares on the stock exchanges. The issuance price is set at Rs. 282 per share. The date of share allotment was November 10.

PTC Industries: PTC Industries and Safran Aircraft Engines, the French global leader in aviation engines, have inked a multi-year agreement to expand industrial collaboration for LEAP engine casting components. Titanium-casting components for Safran aviation engines will be manufactured by PTC Industries.

GMM Pfaudler: The promoter Patel family will purchase a 1% stake in GMM Pfaudler, equivalent to 4.49 lakh equity shares, from Pfaudler Inc. for Rs 1,700 per share. An inter-se promoter transfer is used to acquire a 1% share.

IDFC First Bank: The bank stated that it has acquired in-principle permission from the Pension Fund Regulatory and Development Authority (PFRDA) for the planned composite scheme of IDFC and IDFC Financial Holding Company merging into and with IDFC FIRST Bank.

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