Top 10 stocks for today — 21st November 2022

21 Nov 2022 , 07:37 AM

The Singapore Exchange’s Nifty futures traded 52.5 points, or 0.29%, lower at 18,295 to indicate stock markets may have a bad start to the week. The following 10 stocks may show price movement in today’s market. To check more hot stocks, click athttps://www.indiainfoline.com/markets/hot-stocks

1. Five Star Business Finance:

On Monday, the Chennai-based NBFC will list on the exchanges after raising Rs1,960 crore through its initial offering, which was sold for an average price of Rs450-474 per share between November 9 and 11.

1. Tata Motors:

The pharmaceutical company Dr Reddy’s Laboratories will be replaced by the domestic auto giant in the BSE Sensex. The modifications will take effect on December 19, 2022.

1. Archean Chemical Industries:

The largest exporter of industrial salt and bromine in India will make its stock market debut on Monday following the company’s Rs1,462 crore initial public offering, which was available for subscription between November 9 and 11 at a price range of Rs386-407.

1. ONGC:

The company’s management informed investors on a conference call that the country’s largest oil and gas producer will this year reverse years of production decline and progressively increase output going forward as it invests billions to produce from newer discoveries.

1. FSN E-Commerce Ventures:

According to information from the National Stock Exchange, private equity player TPG Growth sold 5.42 million shares of online cosmetics retailer Nykaa at a price of Rs184.55 in a block sale for more than Rs1,000 crore.

1. NMDC:

To increase iron ore production from its Kumaraswamy mines in Karnataka from seven million tonnes per annum (MTPA) to 10 million tonnes, the state-run iron ore miner will spend approximately Rs900 crore over the next two to three years.

1. Bharat Electronics:

For cooperation in the area of quantum science and technology, the navratna defence PSU and the Indian Institute of Technology Madras have inked a Joint Development Agreement.

1. Zomato:

The online food delivery service said that Co-Founder Mohit Gupta had left his position. In 2020, Gupta, who had joined Zomato four and a half years earlier, was promoted from CEO of the company’s meal delivery division to co-founder.

1. Indian Energy Exchange:

The board of directors will meet on November 25th to discuss a share repurchase plan.

1. Jindal Stainless:

The NCLT ruling to permit the metal company to take part in the debt-ridden Rathi Super Steel auction even after a bidder was chosen has been upheld by the appellate body NCLAT.

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