Top 10 stocks for today – 2nd June, 2023

2 Jun 2023 , 08:21 AM

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

1. Bank of Maharashtra: The bank has launched a Qualified Institutional Placement (QIP) issue on Thursday, June 1 to raise funds at a fixed price of Rs 29.98 per share.
2. Coal India: The OFS by the coal company has been subscribed 3.457 times the base size. The offer size for non-retail investors is 8.31 crore shares, and retail investors 92.44 lakh shares in the base issue.
3. Adani Enterprises: The wholly-owned subsidiary of the company Adani Road Transport has decided to terminate the contract to purchase Macquarie Asia Infrastructure Fund’s toll road portfolio in Andhra Pradesh and Gujarat for Rs 3,110 crore.
4. Tata Motors: The Tata Group company reported sales of 74,973 units of commercial and passenger vehicles in May 2023, marking a 1.6% decline compared to the 76,210 units sold in May 2022.
5. Info Edge: On Thursday, the company announced that its wholly owned subsidiary, Allcheckdeals India Private Ltd (AIPL), has fully impaired its loan of Rs 280 crore to 4B Networks.
6. Bharat Electronics: Nagarajan Vikraman is appointed as Director (Human Resources) by the Government of India with effect from June 1.
7. NHPC: The hydro-power generator has signed pact with Nepalese utility Vidhyut Utpadan Company for developing a 480 MW Phukot Karnali hydroelectric project.
8. Aditya Birla Capital: The company’s board has approved preferential issuance of Rs 1,250 crore to its promoter and promoter group entity at Rs 165 per share.
9. Maruti Suzuki: The country’s largest car maker announced that it produced 1.8 lakh vehicles in May 2023, marking a 9.3% increase compared to the 1.64 lakh units produced in May 2022.
10. Eicher Motors: The company announced the sale of 77,461 units of Royal Enfield in May 2023, indicating a significant increase of 22% compared to the 63,643 units sold in the same month last year.