Top 10 stocks for today

22 Aug 2022 , 08:00 AM

The Singapore Exchange’s Nifty futures traded 74 points, or 0.42%, lower at 17,670, indicating that the stock market may have a  start in red to the week. The following 10 stocks may be the most traded ones in today’s market:

1. Larsen & Toubro:

The engineering major is dedicated to working along the entire value chain of green energy and has plans to invest up to $2.5 billion over the following three to four years. The market’s development will determine whether such a significant amount of investment is made in the green energy sector.

1. Life Insurance Corporation:

The insurance giant saw a reduction in death claims of almost 20% in the first quarter of the current fiscal year, with the impact of COVID appearing to be waning even though the total is still greater than pre-2020 levels.

1. JSW Steel:

For the purpose of building scrap shredding facilities in India, the steel manufacturer firm and National Steel Holding (NSHL) have agreed on a joint venture agreement that is split 50/50. Based in Auckland, New Zealand, NSHL is a company that recycles, collects, and processes metal.

1. One97 Communications:

The re-appointment of Vijay Shekhar Sharma as managing director and CEO of the business has been approved by the shareholders of the financial services provider .

1. Adani Power:

The utility company of the Adani Group said that it will pay the enterprise value of Rs7,017 crore to acquire DB Power, which owns and operates a 2×600 MW thermal power plant in the Chhattisgarh district of Janjgir Champa.

1. Wockhardt:

The pharmaceutical company said that it has partnered with other companies to launch goods in the US market, and that as part of a corporate restructuring in the US market, its manufacturing facility in Illinois will gradually lay off all of its employees.

1. Central Bank of India:

Following an improvement in its financial situation, the sole public sector lender subject to the RBI’s fast corrective action framework may soon be released from restrictions. Based on the steady improvement in financial indicators over the last five quarters, the bank has already made a representation to the RBI.

1. AstraZeneca India:

The pharmaceutical company claimed that the Drugs Controller General of India has given the go-ahead for the marketing of their medicine for the treatment of breast cancer. For the treatment of adult patients with early breast cancer who have already had neoadjuvant or adjuvant chemotherapy, the DCGI has approved Lynparza as a monotherapy.

1. Brigade Enterprises:

In the first quarter of this fiscal year, the real estate firm’s sales bookings increased 70% yearly to Rs813.9 crore due to stronger house demand. The developer with headquarters in Bengaluru had Rs480 crore in sales commitments during the same time last year.

1. NHPC:

On Thursday in Kathmandu, the state-owned hydropower behemoth revealed its intention to build two hydroelectric projects in Nepal, with a combined capacity of 450MW and 750MW. In order to develop the 450 MW SR-6 and 750 MW West Seti hydroelectric projects in Nepal, NHPC and Investment Board Nepal (IBN) signed a memorandum of understanding.