Top 10 stocks for today – 5th March 2024

5 Mar 2024 , 08:22 AM

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

Tata Motors: The Tata Group announced that its board of directors has approved the demerger into two separate listed companies: the commercial vehicles business and its related investments in one entity, and the passenger vehicles business, including EVs and JLR, and its related investments in another entity. The demerger would be completed under an NCLT plan of arrangement, and all Tata Motors shareholders will retain identical shareholdings in both listed businesses.

Easy Trip Planners: The online travel technology platform has partnered with Punjab National Bank (PNB) to introduce the PNB EMT Credit Card. This collaborative travel credit card is designed for a wide range of customers, from mass to premium segments, and has been carefully designed to offer a range of benefits for Indian travelers.

Cyient: The engineering and technology solutions firm has joined the Massachusetts Medical Device Industry Council (MassMedic), the biggest regional MedTech group in the United States. This agreement represents Cyient’s strategic initiative to strengthen its commitment to the healthcare industry.

CSB Bank: The Reserve Bank of India has accepted BK Divakara’s appointment as CSB Bank’s whole-time director (executive director) for three years, beginning on the date he takes control. CSB will seek shareholder approval for the aforementioned nomination within the specified timeframe.

NTPC: NTPC Green Energy (NGEL), a fully-owned subsidiary of NTPC, has entered into a Joint Venture Agreement (JVC) with Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL) for the development of renewable power parks and projects in Uttar Pradesh. The proposed joint venture aims to generate renewable electricity in compliance with Uttar Pradesh Rajya Vidyut Utpadan Nigam’s Renewable Generation Obligation (RGO).

DCB Bank: Beginning in May 2021, the bank will have co-lending partnerships with a few non-banking financial businesses (NBFC). Its Gold Loan co-lending partnership with IIFL Finance has been in place since August 2021. The bank stated that it has a due diligence mechanism in place to provide reasonable confidence about its co-lending portfolio.

Tata Communications: The Department of Telecommunications, Government of India, has awarded Tata Communications an extra authorization for offering M2M services in the national region under the company’s current unified licence agreement.

LTIMindtree: Fosfor, a division of the technology consulting and digital solutions company, has launched the Fosfor Decision Cloud (FDC). The FDC is a linked fabric that assists businesses in organising data to construct automated, flexible, and trustworthy data transformation pipelines, developing and deploying powerful AI applications, and leveraging AI to make smarter business choices quicker.

Star Housing Finance: The company’s Board of Directors will meet on March 9 to discuss obtaining funds through the issuing of non-convertible debentures via a private placement.

NBCC: HSCC (India), a fully owned subsidiary of NBCC, has obtained a Rs 92 crore work order from the Post Graduate Institute of Medical Education and Research (PGIMER) in Chandigarh. The order appoints an architectural consultant to oversee the development of an expansion block for the Advanced Eye Centre and DDTC in front of the Drug De-Addiction Centre at PGIMER.

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