Top 10 stocks for today — 5th December 2022

5 Dec 2022 , 07:47 AM

The Nifty futures contract on the Singapore Exchange rose 41 points, or 0.22%, to close at 18,865.5, indicating that the stock markets may open Monday’s trading session higher. 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. NTPC:

By March 2023, the state-owned energy company is set to find a strategic investor for NTPC Green Energy, which will help generate up to Rs 3,000 crore for the country’s implementation of renewable energy projects.

1. Power Grid Corporation:

In an effort to establish a “focussed approach” and climb up the value chain, the state-owned power transmission company is currently carving out its telecom vertical into a new fully-owned subsidiary, Powergrid Teleservices.

1. Maruti Suzuki:

The largest automaker in the nation will raise the prices of its vehicles starting next month in an effort to counteract the effects of growing input costs and make plans to upgrade its model lineup in order to comply with tighter pollution standards that go into effect in April 2023.

1. Dr Reddy’s Labs & Sun Pharma:

According to the USFDA, pharmaceutical giants Dr Reddy’s Labs and Sun Pharma are recalling various goods from the US market due to quality issues.

1. Godrej Properties:

For over Rs 750 crore, the real estate company purchased an 18.6-acre plot of land in Kandivali, Mumbai, with the intention of building a high-end home development.

1. Mahindra & Mahindra Financial Services:

According to the NBFC, the firm maintained its momentum in November 2022 with a loan disbursement of over Rs 4,500 crore, resulting in an increase of 75% year over year in a favourable macroeconomic climate. The disbursement amount so far in 2022 was Rs 31,050 crore.

1. PB Fintech:

According to block deal data available with the NSE, Softbank sold 2.28 crore shares, or 5.1% of the parent company of Policybazaar, through an open market transaction for a total of Rs 1,042.52 crore.

1. NMDC:

The state-owned metal miner reported an 8% increase in iron ore output at 3.61 million tonnes compared to the same month last year and a 5.5% increase in sales at 3.04 million tonnes in November.

1. Bank of India:

By distributing new Basel-III compliant Tier-I bonds to seven investors, the state-run institution has raised Rs 1,500 crore. Investors responded well to the bonds sale that was launched on December 1, submitting bids totalling Rs 6,367 crore against Rs 1,500 crore offer size.

1. Amara Raja Batteries:

The battery company said that it will invest more than Rs 9,500 crore over a period of 10 years to establish research and development as well as a brand-new lithium-ion battery manufacturing facility in Telangana’s Mahbubnagar district.

For feedback and suggestions, write to us at [e-mail]