Top 10 stocks for today - 21st September, 2022

21 Sep 2022 , 07:46 AM

Nifty futures contract on the Singapore Exchange fell 85.5 points, or 0.47%, to 17,710.5, indicating that the stock markets may begin the day on a down note. The following 10 stocks may show price movement in today’s market. To check other hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

1. Tata Steel:

The board of directors approved the sale of 20,000 non-convertible debentures with a face value of Rs10 lakh each to pre-selected investors on a private placement basis, raising Rs2,000 crore for the steel manufacturer.

1. Hero MotoCorp:

The country’s leading manufacturer of two-wheelers announced a partnership with Hindustan Petroleum Corporation to establish a charging infrastructure for electric two-wheelers.

1. Wipro:

Cooperation between the IT services provider and the UK-based Finastra was announced in India in order to drive the digital transformation of corporate banks there.

1. ITI:

The board of directors will meet on September 28 to discuss distributing equity shares to the President of India, according to the state-run telecom equipment manufacturer.

1. Yes Bank:

The private lender announced that the sale of stressed assets to JC Flowers ARC, the portfolio’s lone bidder, for an estimated Rs 48,000 crore has been approved by the board of the private lender.

1. Indian Hotels Company:

The hospitality company signed a deal to open a second SeleQtions hotel in Dharamshala, Himachal Pradesh.

1. Zydus Lifesciences:

The pharmaceutical company announced the release of Lenalidomide capsules for the US market. The business, which is based in Ahmedabad, introduced its generic medication after receiving US Food and Drug Administration approval (USFDA).

1. Hilton Metal Forging:

The tender for the delivery of monobloc-rolled railroad wheels to the railway department was won by the castings and forgings company.

1. SpiceJet:

The low-cost airline claimed to have requested 80 of its pilots to take a three-month unpaid leave. The change is a short-term cost-rationalization strategy.

1. Tamilnad Mercantile Bank:

The Reserve Bank rejected the suggestion made by the freshly listed private lender to name B Vijayadurai as a temporary non-executive chairman.

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