Top 10 stocks for today — 4th November 2022

4 Nov 2022 , 08:22 AM

The Nifty futures contract on the Singapore Exchange fell 7.5 points, or 0.04%, to 18,107, indicating that the stock markets may open flat on Friday. The following ten stocks may show price movement in today’s market. To check more hot stocks, click at https://www.indiainfoline.com/markets/hot-stocks

1. HDFC:

The soon-to-be-merged mortgage giant recorded an 18% increase in net income to Rs 4,454 crore in the third quarter, primarily due to greater retail loan sales.

1. Wipro:

Amit Choudhary, a former top executive of Capgemini, has joined the IT company as its COO and a member of the executive board.

1. SRF:

The chemicals company announced that its board has approved spending Rs 604 crore to build four new units and expand the capacity of already existing ones.

1. Hero MotoCorp:

The biggest two-wheeler manufacturer in the nation recorded a 9% fall in its consolidated net profit to Rs 682 crore for the second quarter that ended on September 30. This decline was primarily caused by higher expenses and a minor decline in sales during the quarter.

1. Adani Enterprises:

The flagship company announced a more than doubling of its net profit for the September quarter, thanks to its integrated resources management and airports divisions’ successful operations.

1. Vodafone Idea:

For the second quarter ending in September, the heavily indebted telecom operator reported a combined loss that increased to Rs 7,595.5 crore.

1. Adani Total Gas:

As increasing gas prices affected margins, the city-based gas distribution company reported a 12% decline in its net profit for the September quarter. 

1. Amara Raja Batteries:

The manufacturer of car components recorded a growth in consolidated profit after tax of 39.42% to Rs 201.22 crore for the second quarter that ended on September 30.

1. Welspun Corp:

The manufacturer of metal pipes reported a loss of Rs 63.18 crore for the quarter that ended in September, primarily due to higher expenses.

1. Indian Hotels Company:

In Munnar, Kerala, the hotel division of the Tata Group signed for the management of a 55-room SeleQtions hotel.

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