Top 10 stocks for today – 3rd July, 2023

3 Jul 2023 , 07:53 AM

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

1. Hero Motocorp: In June, overall sales witnessed a decline of 10%, totaling 4.36 lakh units. Domestic sales also experienced a decrease of 8.7%, reaching 4.22 lakh units. Additionally, there was a significant drop in exports, with a decline of 34 percent to 14.236 units for the month of June.
2. Maruti Suzuki: In June, overall sales saw a 2.3% increase, reaching 1.59 lakh units. Among them, total passenger vehicle sales experienced growth of 8.4 percent, reaching 1.33 lakh units. However, there was a decline in exports, with a drop of 17% to 19,770 units.
3. Tata Motors: In June 2023, there was a 1% increase in total domestic sales, with 80,383 units sold compared to 79,606 units in the same month of the previous year. Domestic passenger vehicle sales, which includes electric vehicles, reached 47,235 units in June, showing a growth of 5 percent compared to 45,197 units in the corresponding month of the previous year.
4. Aditya Birla Capital: The company has successfully completed a fund-raising exercise, raising a total of Rs 3,000 crore. Out of this amount, Rs 1,750 crore was raised through a Qualified Institutional Placement (QIP) at an issue price of Rs 175 per share.
5. Coal India: During the June quarter, the company achieved a 10% year-on-year increase in production, reaching a record high of 175.5 million tonnes (MT). This marks the highest production volume ever recorded in the first quarter of any year. Furthermore, this production level represents approximately 22.5% of the company’s overall production target of 780 MT for the financial year 2024.
6. Airtel: An affiliate of Warburg Pincus, a private equity firm, has sold a 0.3% stake in Bharti Airtel Ltd through a block deal on Friday. The transaction, valued at Rs 1,649 crore, resulted in the offloading of the stake in the telecommunications company.
7. NMDC: The company achieved its best-ever production and sales figures in the month of June as well as the April-June quarter. In June specifically, production witnessed a remarkable 35% month-on-month growth.
8. TVS Motors: TVS Motor Company is optimistic about the growth momentum carrying forward into the current fiscal year. The company expects the overall economy to witness a robust growth rate, accompanied by a sustained improvement in the road infrastructure. These factors are likely to contribute to the positive outlook for TVS Motor Company and support its growth prospects in the coming months.
9. Ultratech Cement: The total consolidated sales volume for the June quarter has witnessed a 20% year-on-year increase, reaching 29.96 million tonnes. Similarly, the sales volume within India has also experienced a 20% growth.
10. Reliance Industries: Reliance Industries Limited (RIL) and British Petroleum (BP) have officially initiated commercial production from the third deepwater field located in India’s KG D6 block.