Top 10 stocks for today – 4th September, 2023

4 Sep 2023 , 07:40 AM

Here are some of the stocks that may see significant price movement today.

Kotak Mahindra Bank: Uday Kotak has stepped down as managing director and CEO of Kotak Mahindra Bank. Dipak Gupta, who is now the joint managing director, will serve as CEO until December 31.

Biocon: Biocon announced the acquisition of Eywa Pharma Inc.’s oral solid dosage manufacturing facility in Cranbury, New Jersey, via its step-down, wholly-owned subsidiary, Biocon Generics Inc.

GMR Power: GMR Smart Electricity Distribution, a subsidiary of GMR Power and Urban Infra, has been awarded a letter of award (LOA) by Purvanchal Vidyut Vitran Nigam to undertake a smart metering project throughout the state.

Infosys: Infosys announced the completion of its acquisition of Danske Bank’s IT center in India. Danske Bank chose Infosys as a key partner to speed up and expand digital transformation activities.

IDFC First Bank: On Friday, GQG Partners, a notable investor in Adani group equities, purchased a stake in IDFC First Bank in bulk deals.

IDBI Bank: According to sources, the government has invited bids to engage an asset valuer for the strategic disposal of IDBI Bank.

Maharashtra Seamless: Oil India and IOCL have awarded Maharashtra Seamless a Rs 157 crore deal for seamless pipes.

Mahindra & Mahindra: IFC would invest Rs 600 crore in Mahindra Last Mile Mobility, M&M’s wholly-owned subsidiary, in tranches by subscribing to compulsorily convertible preference shares.

RVNL: Madhya Gujarat Vij Company Ltd (MGVCL) has issued a letter of acceptance to Rail Vikas Nigam Ltd (RVNL) for a full turnkey contract for the construction of distribution infrastructure projects for loss reduction in Vadodara.

Shilpa Medicare: PMDA, Japan inspects Shilpa Medicare Lifesciences API production facility in Raichur for GMP compliance. The inspection was completed without any notable findings.

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