Top 10 stocks for today - 4th October, 2022

4 Oct 2022 , 07:44 AM

The Singapore Exchange’s Nifty futures traded 242.5 points, or 1.43%, higher at 17,110.5, indicating that the stock markets may have a good start on Tuesday. The following 10 stocks may show price movement in today’s market. To check more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

1. Tata Steel:

Neelachal Ispat Nigam, situated in Odisha, began operations roughly 90 days after being bought by a Tata Steel subsidiary for Rs12,000 crore, after a competitive bidding process.

1. HDFC:

Loans given by the company in Q2FY23 were Rs9,145 crore, up from Rs7,132 crore in the same time previous year, according to the mortgage lender. HDFC Bank received all of the loans that were awarded during the quarter.

1. Britannia Industries:

The FMCG company claimed to have fully taken over Catalyst Britania Brands and obtained a controlling interest in Kenya’s Kenafric Biscuits by subscribing to 51% of the company’s equity share capital.

1. Avenue Supermarkets:

The owner of the D-Mart supermarket chain reported standalone revenue for the three months ending in September 2022 of Rs10,384.66 crore, up 36% from Rs7,649.64 crore during the same period in the previous year.

1. Vedanta:

The mineral and metal miner reported that in the second quarter of the current fiscal, its production of aluminium climbed by 2% to 5,84,000 tonnes.

1. Dr Reddy’s Laboratories:

By purchasing 33.86 lakh shares in the open market over time, the state-run insurance giant Life Insurance Corporation of India (LIC) boosted its ownership in the pharmaceutical company to 7.7 percent.

1. Adani Green Energy:

Three new subsidiary companies for the renewable energy industry have been incorporated by the Adani Group company Adani Renewable Energy Holding Four.

1. Bank of Maharashtra:

The public sector lender reported that during the second quarter that ended in September 2022, gross advances increased by 28.65% to Rs1,48,246 crore.

1. Marico:

The FMCG company’s operations in India experienced low single-digit volume growth, with a three-year CAGR in the high single digits. Meanwhile, the company’s foreign operations continued to perform well, registering double-digit constant currency growth.

1. Mahindra & Mahindra Financial Services:

According to the NBFC, the firm maintained its momentum with the disbursement of over Rs4,080 crore in September 2022, resulting in a growth rate of 11% annually, helped by macro tailwinds.

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