Top 10 stocks for today – 17th August, 2023

17 Aug 2023 , 08:32 AM

Here are some stocks that may show significant price movement today.

1. Adani Power: In a deal worth $1.1 billion, GQG Partners, alongside other investors, has acquired an 8.1% stake in Adani Power.
2. Cipla: The Konkan Division of the FDA has directed the suspension of the company’s FDA license for its manufacturing unit at Patalganga (Unit II) for a duration of 10 days in December 2023. This action has been taken due to the company’s failure to adhere to good manufacturing practices.
3. Lupin: Lupin has announced that it has obtained approval from the US health regulatory authority to distribute its generic Bromfenac Ophthalmic Solution. This solution is utilized for managing post-operative inflammation in individuals who have undergone cataract surgery.
4. Religare Enterprises: Through block deals conducted on Wednesday, the Investment Opportunities fund has divested 2.45 crore shares in the company.
5. JSW Energy: GQG Partners Emerging Market Fund has acquired 10,284,024 shares, equivalent to a 0.6% stake in JSW Energy, at a price of Rs 341.70 per share, totaling Rs 351 crore.
6. IndiGo: Through bulk deals on Wednesday, the family of Rakesh Gangwal, co-founder of IndiGo, has divested a partial stake in the budget carrier.
7. Vodafone Idea:
8. Aurobindo Pharma: The pharmaceutical company is gearing up to introduce an HIV triple combination product aimed at children residing in low- and middle-income countries who are affected by HIV. This initiative is being undertaken under a voluntary license arrangement with ViiV Healthcare.
9. Power Grid: The state-owned electric services company has effectively completed the commissioning of assets under North Eastern Region Strengthening Scheme-VI. The company was officially notified of the commencement of commercial operation on August 16.
10. One 97 Communications: In off-market transactions, Antfin (Netherlands) Holding BV, an investor, divested 10.3% stake by selling 6.53 crore equity shares in the payment app Paytm operator. The off-market share transfer also saw Founder and CEO Vijay Shekhar Sharma as the purchaser of the shares.