Top 10 stocks for today – 21st March 2024

21 Mar 2024 , 08:49 AM

Here are some of the stocks that may see significant price movement today.

Wipro: Anne-Marie (Annie) Rowland has been named as Capco’s CEO, effective April 1, 2024. Annie is currently holding the position of the managing partner for Capco’s business in the United Kingdom and Ireland, additionally she is a member of the company’s Global Leadership Team. As CEO of Capco, Rowland will join Wipro’s Executive Committee (WEC).

Bajaj Finance: Anup Kumar Saha has been re-designated as Deputy Managing Director, effective April 1, 2024. It also announced the reappointment of Anami N. Roy and Naushad Darius Forbes as independent directors for a second five-year period beginning April 1.

Crompton Greaves Consumer Electricals: The firm has won an order for a solar water pumping system in Haryana via the PM-KUSUM project. The order, sanctioned by Haryana’s New and Renewable Energy Department and HAREDA, involves the delivery, installation, and commissioning of solar photovoltaic water pumping systems worth more than ₹9 Crore.

Rail Vikas Nigam: Rail Vikas Nigam was announced as the lowest bidder for an electric traction system project for an aggregate cost of ₹167.28 Crore from SER HQ-Electrical/South Eastern Railway. According to the project, the business will design, supply, install, test, and commission the electric traction system upgrade for the Rajkharsawan-Nayagarh-Bolani section of the Chakradharpur division of South Eastern Railway to satisfy the 3,000 MT loading objective.

Cyient: Infotech HAL, an IT services business, has filed an application with the National business Law Tribunal in Bangalore to initiate the corporate bankruptcy resolution procedure under the bankruptcy and Bankruptcy Code (IBC). Infotech HAL is a 50:50 joint venture between Cyient Limited and HAL.

JSW Infrastructure: The corporation stated that the total freight handled on a consolidated basis has surpassed 100 MMT for the first time. This excludes JSW Infrastructure’s current-year acquisitions and freight handled on an O&M basis.

ITC: Pushpa Subrahmanyam, a former IAS officer with over 36 years of administrative expertise, has been selected as the company’s independent director for five years, effective April 2. Furthermore, Atul Singh is appointed as the company’s non-executive director for three years, beginning April 2. Atul Singh is representing the Tobacco Manufacturers (India), a subsidiary of British American Tobacco PLC.

TVS Motor Company: The carmaker, which works in the two- and three-wheeler categories, has chosen two new independent directors, subject to shareholder approval. Vijay Sankar, Chairman of Sanmar Group in Chennai, and Shailesh Haribhakti, Chairman of Shailesh Haribhakti & Associates, will serve as independent directors on the board. Meanwhile, TVS Motor (Singapore) Pte Ltd has bought an additional 8,000 equity shares in Killwatt GmbH, increasing its overall stake from 39.28% to 49%.

Sapphire Foods India: The National Company Law Tribunal (NCLT) in Mumbai has authorised the merger of Gamma Pizzakraft and Gamma Pizzakraft (Overseas) into the firm. The merger plan will become effective after the NCLT ruling is filed with the Ministry of Corporate Affairs (MCA).

Torrent Power: The power company has engaged into a Share Purchase Agreement (SPA) with PFC Consulting to acquire a 100% equity position in Solapur Transmission, the SPV (special purpose entity). Solapur Transmission must build a transmission infrastructure to evacuate power from renewable energy projects in the Solapur (1500 MW) SEZ in Maharashtra.

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