Top 10 stocks for today – 25th July, 2023

25 Jul 2023 , 08:59 AM

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

1. Tata Steel: Tata Steel’s consolidated net profit plunges 92% YoY to Rs 634 crore in Q1; Revenue from operations drops 6% to Rs 59,490 crore.
2. Reliance Industries: Reliance teams up with Brookfield Infrastructure and Digital Realty for India data center venture.
3. TVS Motors: TVS Motor’s standalone net profit surges 46% to Rs 468 crore in Q1; Revenue from operations up 20% YoY at Rs 7,218 crore.
4. Torrent Power: Torrent Power to Enter Electric Mobility Infrastructure Sector, Plans 2 E-Vehicle Charging Stations in Surat and 4 Stations in Ahmedabad.
5. Maruti Suzuki: Maruti Suzuki to recall 87,599 vehicles (S-Presso & Eeco) manufactured from July 2021 to February 2023 due to potential steering tie rod defect.
6. SJVN: The Government of Arunachal Pradesh allocates five projects totaling 5,097 MW to the company. The allotted projects include 3,097 MW Etalin, 680 MW Attunli, 500 MW Emini, 420 MW Amulin, and 400 MW Mihumdon.
7. Relaxo Footwear: In Q1, the company’s Profit after Tax (PAT) reached Rs 56 crore, marking a significant increase of 46 percent year-on-year (YoY) from Rs 39 crore. The Q1 Revenue amounted to Rs 739 crore, showing a growth of 11 percent YoY. The EBITDA stood at Rs 108 crore, with margins at 14.6 percent, which is a rise of 165 basis points (bps) YoY.
8. JK Paper: The company achieved a turnover of Rs 1,663.97 crore, showing a growth of 10%. The EBITDA increased by 16% to Rs 532.03 crore, and the Profit after Tax (PAT) rose by 18% to Rs 308.67 crore on a consolidated basis for the quarter ended June 2023 compared to the corresponding quarter of the previous financial year.
9. Wipro: Wipro FullStride Cloud collaborates with Pure Storage to accelerate clients’ sustainability journey using technology.
10. Asian Paints, L&T, Bajaj Auto: The companies will be announcing their quarterly results today.