Top 10 stocks for today – 21st August, 2023

21 Aug 2023 , 08:26 AM

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

1. Titan: Titan is set to expand its ownership by acquiring an additional 27.18% of equity shares in its subsidiary, CaratLane Trading. This transaction will be valued at Rs 4621 crore.
2. Jio Financial Services: Jio Financial Services, having recently separated from its parent company Reliance Industries, is scheduled to be listed on stock exchanges on August 21st.
3. M&M: Mahindra & Mahindra has initiated a proactive inspection process for specific XUV models.
4. Kotak Mahindra Bank: According to Prakash Apte, Chairman of Kotak Mahindra Bank, the issue of attrition within the bank primarily revolves around the junior management level.
5. KEC International: KEC International, a company under the RPG Group, has successfully secured new orders totaling Rs 1,007 crore across its diverse business segments.
6. Ashok Leyland: Ashok Leyland is planning to provide a corporate guarantee amounting to Rs 870 crore. This guarantee will serve to cover lender facilities for two of its subsidiaries, namely Optare Plc and Switch Mobility UK.
7. ONGC: ONGC Videsh has been granted a three-year extension by Vietnam to continue its exploration activities in ‘Block 128’ located in the South China Sea.
8. Tanla Platforms: Tanla Platforms has announced that it will not extend its agreement with Vodafone Idea beyond the initial term, which is set to expire in November 2023.
9. PNB Housing Finance: PNB Housing Finance has successfully resolved and completely recovered a corporate non-performing account amounting to Rs 784 crore. As of June 30, 2023, the company’s Gross Non-Performing Assets (NPAs) totaled Rs 2,270 crore, and its Loan Asset portfolio amounted to Rs 60,395 crore.
10. Concord Biotech: On behalf of the Government Pension Fund Global, Norges Bank has acquired 8.99 lakh equity shares, equivalent to a 0.86% stake, in the biotech pharma company through an open market transaction. The shares were purchased at an average price of Rs 900.05 per share, resulting in a total investment of Rs 80.92 crore for the stake acquisition.