Top 10 stocks for today — 17th November 2022

17 Nov 2022 , 08:30 AM

The Singapore Exchange’s Nifty futures traded 40.5 points, or 0.22%, lower at 18,439.5, indicating that the markets may have a bad start to the day on Thursday. 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. One97 Communications:

In a block transaction, Japanese giant SoftBank Group hopes to raise $200 million by selling shares of One97 Communications, the company that owns Paytm.

1. Page Industries:

The clothing producer announced that it will spend Rs 290 crore to build two plants in Telangana. A total of 7,000 local youth will be employed by the new units.

1. Wipro:

The main provider of IT services and labour representatives have agreed to create a European Works Council (EWC).

1. Global Health:

At an average price of Rs 414.57 per share, Nomura India Investment Fund purchased 15 lakh shares in the operator of hospitals.

1. Timken India:

The bearings company will build a new production plant in Bharuch, Gujarat to produce cylindrical and spherical roller bearings as well as their component parts.

1. Aurobindo Pharma:

The USFDA has provided the medication manufacturer with an Establishment Inspection Report for Pydibhimavaram, Andhra Pradesh’s unit XI, which produces APIs without antibiotics.

1. FSN E-Commerce Ventures:

According to the bulk deal information made available by the BSE, Lighthouse India Fund III sold 3 crore shares of Nykaa’s parent firm through open market transactions for an average price of Rs175.13 per and a total value of Rs525.39 crore.

1. Hindustan Zinc:

The board of directors of the metal player approved a second interim dividend of Rs 15.50 per share for FY23, or 775% of the face value of Rs2 per share, or Rs 6,549.24 crore.

1. Bikaji Foods International:

At an average price of Rs324.5 per share, Goldman Sachs India Equity Portfolio purchased 17.45 lakh shares of the company that makes ethnic foods.

1. Ircon International:

The railway company was chosen as the lowest bidder (L1) for completing the remaining earthwork for the main canal system from RD 18 to 74 km and other ancillary tasks for the Bahuti canal project, valued at Rs392.52 crore.

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