Top 10 stocks for today – 23 August, 2023

23 Aug 2023 , 07:34 AM

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

1. Jio Financial Services: The resolution to exclude Jio Financial Services Ltd from prominent BSE indices, notably the Sensex, has been postponed for an additional period of three days.
2. Hindalco: Hindalco Industries intends to invest a total of Rs 4,000 crore in establishing both an extrusion facility dedicated to freight wagons and coaches and a plant designed for copper and e-waste recycling.
3. SJS Enterprises: Evergraph Holdings, a component of the promoter group, has divested a portion of its ownership in SJS Enterprises via numerous bulk transactions that took place on Tuesday.
4. Piramal Enterprises: The board has granted approval for raising funds up to Rs 3,000 crore through the issuance of debentures, which may be executed in a single tranche or multiple tranches.
5. Brightcom: Sebi has issued a subsequent interim order against the Brightcom Group, imposing restrictions on Suresh Kumar Reddy and Narayan Raju, preventing them from occupying any directorial roles until further notification.
6. Vodafone Idea: Vodafone Idea, a telecommunications company burdened by debt, intends to settle approximately Rs 2,400 crore in outstanding payments to the government by September, as reported by PTI.
7. BEML: BEML, in a significant development, has secured an order from the Ministry of Defence for the provision of command post vehicles. This contract holds a considerable value of Rs 101 crore.
8. Bharat Forge: The company has made changes to the validity period of the guarantee it extended to its wholly-owned subsidiary, Bharat Forge Aluminum USA, Inc. The previously established amount of $15.5 million, in support of JP Morgan Bank, was initially valid until November 27, 2023.
9. Wipro: The prominent IT services company has introduced a digital skills credentialing and verification initiative within India. This initiative aims to establish a transparent talent ecosystem.
10. RITES: The government-operated railway corporation has secured the position of the lowest bidder in the tender issued by the Railway Board. The projected value of the order is Rs 65.4 crore. The company will be responsible for conducting service testing and inspection of rails in accordance with IRS T-12 2009 standards for the Indian Railways.