Top 10 stocks for today – 21st June, 2023

21 Jun 2023 , 07:52 AM

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

1. Shriram Finance: Piramal Enterprises has made preparations to sell 3.1 crore shares, equivalent to an 8.34% stake, in Shriram Finance through a block deal scheduled for Wednesday, June 21. According to sources, the floor price for this deal has been set at Rs 1,483 per equity share.
2. HDFC: On Tuesday, the Competition Commission of India (CCI) granted approval for the Housing Development Finance Corporation (HDFC) to acquire an additional stake in HDFC ERGO General Insurance and HDFC Life Insurance Company.
3. RVNL: The company has released a statement to provide details regarding the recent report about the alleged breakdown of its joint venture with Transmashholding (TMH), a Russia-based company. It has said that the report is deemed factually incorrect, and it asserts that the memorandum of understanding between both parties remains in effect.
4. Pidilite Industries: Pidilite has announced its plans to manufacture Litokol and Tenax products from Italy within India. The state-of-the-art manufacturing facilities for these products are situated in Amod, Gujarat.
5. HDFC Life Insurance: The proposed combination, which involves Housing Development Finance Corporation (HDFC) acquiring additional shareholding of HDFC Life Insurance Company, has been approved by the Competition Commission of India (CCI).
6. HDFC AMC: On Tuesday, the promoter group Abrdn has divested its complete stake in HDFC AMC through block deals.
7. Shilpa Medicare: The board of the company has scheduled a meeting on June 23rd to deliberate on a proposal for raising funds through a rights issue of equity shares.
8. Avenue Supermarts: Dheeraj Kampani, Vice President (Buying and Merchandising), has tendered his resignation from the company. His last working day with the company will be June 30th.
9. Archean Chemical: On Tuesday, Norway-based Norges Bank conducted open market transactions to sell a partial stake in Archean Chemicals.
10. Thyrocare Technologies: The Arisaig Asia Consumer Fund, a foreign portfolio investor, has recently sold off 26.72 lakh equity shares, representing a 5.05% stake, in a diagnostic and preventive care laboratories chain. The shares were sold at an average price of Rs 488.18 per share, resulting in a total transaction value of Rs 130.47 crore.