Top 10 stocks for today-18th October 2022

18 Oct 2022 , 07:54 AM

The Singapore Exchange’s Nifty futures traded 124.5 points, or 0.72%, higher, at 17,439.5, indicating that the stock markets may begin the day on a positive note. The following ten stocks may show price movement in today’s market. To checck more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

1. Zee Entertainment Enterprises:

According to the terms of the agreement, Invesco Developing Markets Fund would sell a 5.51% share in the media giant in a block trade on Tuesday for up to $169.5 million.

1. ACC:

Due to a significant increase in fuel prices, the cement manufacturer posted a consolidated net loss of Rs87.32 crore for the September quarter.

1. PVR:

With moviegoers returning to theatres as the epidemic eases, the film exhibition company reported a decrease in its consolidated loss after tax at Rs 71.49 crore in the second quarter that ended in September.

1. Maharashtra Seamless:

For the three months ending in September of FY23, the metal company’s consolidated profit after tax increased by 86% to Rs 176.6 crore.

1. Tata Coffee:

The Tata Coffee beverage company increased its consolidated profit after tax by 172% year over year for the quarter that ended in September 2022, reaching Rs 147 crore.

1. Bank of Maharashtra:

A decrease in bad loans and an increase in net interest revenue helped the state-owned lender report a two-fold increase in net profit after tax to Rs 535 crore in the September 2022 quarter.

1. Aster DM Healthcare:

Aster Pharmacies Group, a subsidiary of the healthcare service provider, and Abdulmohsen Al Hokair Holding Group have formed a joint venture to build, run, and sell a network of pharmacies throughout the Kingdom of Saudi Arabia under the “Aster Pharmacy” name.

1. Ashiana Housing:

In Chennai’s Mahindra World City township (Tamilnadu), the home finance company has purchased an additional 2.26 acres of property on a perpetual basis from Mahindra Lifespaces.

1. Star Housing Finance:

The NBFC’s board of directors has approved the issuance of one bonus equity share for each completely paid-up equity share, as well as the division of one share (face value Rs10) into two fully paid-up shares (face value Rs5)

1. Spandana Sphoorty Financial:

With a net profit after tax of Rs 49.5 crore, the non-banking finance company generated a profit in the second quarter of FY23.

For feedback and suggestions, write to us at [e-mail]