Top 10 stocks for today – 4th December 2023

4 Dec 2023 , 08:40 AM

Tata Power Company: The Tata Group business has won the auction to buy Bikaner-III Neemrana-II Transmission, a project special purpose vehicle (SPV) established by PFC Consulting, a subsidiary of Power Finance Corporation. The gearbox project will be maintained by the firm for 35 years. The project is expected to cost Rs 1,544 crore.

Hero MotoCorp: In November 2023, the world’s top two-wheeler manufacturer sold 4.91 lakh units, a 25.60% increase over the 3.9 lakh units sold the previous year. In November, domestic sales jumped by 25.4% year-on-year to 4.76 lakh units.

Hindustan Unilever: Following the weakening in the FMCG pack, the shares of the FMCG giant fell 0.5% to settle at Rs 2,502 per share on November 28. Overall, the Nifty FMCG index fell 0.1%.

Maruti Suzuki India: The country’s largest automaker reported a 3.3% drop in total output in November, to 1.47 lakh units, compared to 1.52 lakh units produced in the same month previous year. Passenger car output fell 4.2% year-on-year to 1.45 lakh units.

Siemens India: Siemens AG (Siemens Aktiengesellschaft, Germany) will purchase an 18% ownership in Siemens India from Siemens Energy Holding BV for Rs 2,952.86 per share, a 21.32% reduction to the previous closing price. Siemens AG and Siemens Energy Holding BV are the company’s promoters.

Eicher Motors: In November, Royal Enfield sales grew by 13% to 80,251 units (motorcycles), compared to 70,766 units sold in the same month previous year. During the same time period, exports increased by 2% year-on-year to 5,114 units.

Bharat Forge: Sanjeev Nimkar stepped down as President and CEO of the company’s industrial division in order to seek other possibilities. With effect from December 1, the firm has announced the appointment of Sumeet Banga as Senior Management Personnel and President & CEO of Industrial Business.

Suzlon Energy: Suzlon Energy has been added to the BSE’s S&P BSE Power index. The modifications will take effect on December 18. BlackRock Inc. purchased 24.73 lakh equity shares, increasing its holding in the renewable energy solutions firm to 5.01% from 4.99% before.

UPL: On November 30, BlackRock, Inc. sold 2,77,681 equity shares in the agrochemical firm through open market transactions on behalf of discretionary management customers. As a result, BlackRock’s stake in UPL has been decreased from 3.08% to 3.04%.

KPI Green Energy: Sun Drops Energia, a subsidiary, has obtained fresh orders totaling 4.40 MW for the execution of solar power projects in the captive power producer (CPP) segment. With this new deal, the company’s total orders for solar power projects within the CPP division have surpassed 148 MW.

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