Top 10 stocks for today – 30th November 2023

30 Nov 2023 , 08:21 AM

Tata Technologies: The Tata Motors subsidiary and worldwide engineering services firm will begin trading on the BSE and NSE on November 30. The initial share price was fixed at Rs 500. According to analysts who requested anonymity, the grey market indicates a listing premium of over 75% of the bid price.

Zomato: Alipay Singapore Holding Pte Ltd exited the food delivery business by selling its entire investment of 3.44%, or 29,60,73,993 equity shares, via open market transactions for Rs 3,336.75 crore at an average price of Rs 112.70 per share.

UltraTech Cement: The cement company paid Rs169.79 crore for the 0.54 mtpa cement grinding assets of Burnpur Cement in Patratu, Jharkhand. This is the company’s first investment in Jharkhand. Its current capacity in India is 133 mtpa (million tonnes per annum).

Thomas Cook: On November 30 and December 1, promoter Fairbridge Capital (Mauritius) would sell up to an 8.50% interest or 4 crore equity shares in Thomas Cook through an offer-for-sale. The OFS consists of a 6.8% basic offer size plus a 1.7% greenshoe option.

Zee Entertainment: The media and entertainment firm stated in a clarification statement to the exchanges that the report (Sony-Zee merger faces failure due to 11th-hour CEO turmoil) is factually false.

FSN E-Commerce Ventures & Metro Brands: Foot Locker, Inc., a specialized athletic store located in New York, has entered a long-term licensing arrangement with Metro Brands and Nykaa Fashion. Metro Brands has been awarded the exclusive license to own and manage Foot Locker shops in India, as well as to sell approved items at Foot Locker stores. Nykaa will be the exclusive e-commerce partner.

Karur Vysya Bank:  SBI Mutual Fund has received permission from the Reserve Bank of India to acquire up to a 9.99% stake in the bank. Meanwhile, the private lender has established three offices in Tamil Nadu and one in Karnataka. With this, the bank’s total branch network climbed to 831.

JSW Infrastructure: Masad Infra Services, a subsidiary of the company, has entered into a concession deal with the Karnataka government’s Karnataka Maritime Board for the building of an all-weather, deep-water greenfield port at Keni in Karnataka. The greenfield port will be built through a public-private partnership (DBFOT).

Gandhar Oil Refinery: On November 30, the white oil maker will make its stock market debut. The final issue price of Rs. 169 per share has been determined. According to the grey market, the opening price premium might be between 35 and 40% more than the issue price.

SBI Life Insurance: The shareholders have approved the nomination of Amit Jhingran as the company’s Managing Director and Chief Executive Officer.

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