Top 10 stocks for today – 24th November 2023

24 Nov 2023 , 08:45 AM

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

1. TCS: Starting November 24, the stock price of the country’s largest IT services exporter is poised to become ex-buyback. In October, the company approved a significant buyback of shares amounting to Rs 17,000 crore, with each share priced at Rs 4,150.
2. RVNL: The BSE and NSE have collectively levied a fine exceeding Rs 10 lakhs on Rail Vikas Nigam Ltd for its non-compliance with the stipulated requirement of having the necessary number of independent directors on its board as of the end of September.
3. Lupin: Lupin has received approval from the US Food and Drug Administration (FDA) for its bromfenac ophthalmic solution, which is utilized in the treatment of postoperative inflammation.
4. LTIMindtree: The technology consulting and digital solutions company has introduced a Quantum-Safe Virtual Private Network (VPN) link in London, aiming to ensure secure data transmission as the quantum era approaches.
5. HDFC Bank: The Reserve Bank of India has granted approval for the appointment of V Srinivasa Rangan as Executive Director (whole-time Director) of the bank. The appointment is effective for a duration of three years, starting from November 23.
6. Siemens: The company has received an order from the Commissioner, CGST & Central Excise, Belapur Commissionerate, imposing a service tax liability of Rs 23,68,12,903. Additionally, the order specifies the imposition of appropriate interest and penalties totaling Rs 23,68,12,903 under Section 78 of the Finance Act.
7. JSW Steel: JSW Steel has successfully completed its entire investment of Rs 750 crore in JSW Paints. The company received communication from JSW Paints, indicating the completion of the allotment process related to the strategic investment.
8. NMDC: The state-owned iron ore company has established the prices for its products, setting the lump ore (65.5 percent, 6–40 mm) at Rs 5,400 per tonne and fines (64 percent, -10mm) at Rs 4,660 per tonne. These price determinations will take effect from November 23.
9. PFC: Power Finance Corp is strategizing to generate a minimum of Rs 600 crore (approximately $72 million) through the issuance of bonds with a maturity period of 10 years, as reported by three bankers on Thursday.
10. BEL: Bharat Electronics Limited (BEL) has incurred fines of Rs 1.82 lakh each from both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).