Top 10 stocks for today – 21st September, 2023

21 Sep 2023 , 07:55 AM

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

Infosys: The country’s second-largest IT services provider and Nasdaq-listed NVIDIA have expanded their strategic partnership with the goal of assisting organizations worldwide in driving productivity improvements through generative AI applications and solutions.

SJVN: On September 21 and 22, the government would sell up to 9,66,72,962 equity shares or 2.46% ownership stake in the hydroelectric power generation company, with an option to sell an additional 9,66,72,961 equity shares or 2.46% stake. The OFS will be available to non-retail investors on September 21 and to retail investors on September 22.

Biocon: Subsidiary Biocon Biologics has gained European Commission approval for YESAFILI, a biosimilar to Aflibercept, to be marketed in the European Union (EU).

Cipla: Following the inspection, the US FDA issued 5 inspectional observations in Form 483 to InvaGen’s manufacturing site in Central Islip, New York. There are no observations of repetition or data integrity. The USFDA visited the plant of subsidiary InvaGen Pharmaceuticals Inc. from September 11 to September 19.

Zydus Lifesciences: Clindamycin Phosphate Gel USP, 1%, used to treat acne, has gained final approval from the United States Food and Drug Administration (USFDA). The medicine will be produced at the group’s Changodar topical manufacturing facility.

Apollo Tyres: Bias and OTR tyre production at the company’s Limda, Gujarat, manufacturing site has been halted due to concerns among shop floor employees about the renewal of a long-term settlement agreement. The corporation is in talks and negotiations with labor union officials to resolve their concerns and reach an agreement.

Asian Granito: The shareholders approved the re-appointment of Kamleshkumar Bhagubhai Patel as Chairman and Managing Director of the company for three years beginning January 1, 2024, and ending December 31, 2026, as well as Mukeshbhai Jivabhai Patel as Managing Director beginning April 1, 2024, and ending March 31, 2027.

REC: Subsidiary REC Power Development & Consultancy has transferred to Sterlite Grid 27 its whole interest in Beawar Transmission, consisting of 50,000 equity shares as well as all assets and liabilities. Under Phase-III Part F, Sterlite Grid 27 will create an inter-state transmission system for the evacuation of power from Rajasthan’s REZ (20GW).

RR Kabel: Norges Bank, on behalf of the Government Pension Fund Global, purchased 20 lakh equity shares in the wires and cables maker via open market transactions on the listing day at an average price of Rs 1,180 per share. These shares were valued at Rs 236 crore.

Tarson Products: Plutus Wealth Management LLP purchased 17.4 lakh shares in the company, representing 3.27% of total paid-up stock, at an average price of Rs 530 per share. The share purchase cost is Rs 99.22 crore.

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