Top 10 stocks for today – 5th October 2023

5 Oct 2023 , 08:45 AM

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

1. Bandhan Bank: Bandhan Bank’s advances recorded a year-on-year growth of 12%, reaching Rs 1.08 lakh crore by the end of the September quarter. Additionally, the bank’s loan collection efficiency remained stable at an impressive 98%.
2. Marico: In the September quarter, the company reported that its domestic volumes grew in the low-single digits year-on-year. This growth was reflected in low single-digit increases in parachute coconut oil and Saffola edible oils, as well as low single-digit growth in value-added hair oils. The demand trends observed in this quarter were largely consistent with those seen in the previous quarter.
3. Indiabulls Housing Finance: On October 4, Capri Global Holdings Pvt Ltd conducted an open market transaction, selling shares of mortgage financier Indiabulls Housing Finance for a total of Rs 43 crore. The transaction involved the sale of 25 lakh shares, representing a 0.53 percent stake in Indiabulls Housing Finance by Capri Global Holdings.
4. Maruti Suzuki: On October 4, the automaker announced that it had received a show cause notice from the Gujarat GST authority. The notice is related to the reconciliation of tax returns filed by the company for the period from July 2017 to March 2018. The show cause notice issued by the Gujarat GST Department specifies a total demand amount of Rs 1.79 crore.
5. PNB: In the September quarter, the public sector lender achieved a year-on-year increase of 9.7% in its total deposits, reaching Rs 13.1 lakh crore, compared to Rs 11.9 lakh crore in the previous year. Additionally, the bank reported a 2.6% year-on-year growth in current account savings account (CASA) deposits during the same period.
6. L&T: As of October 2, E P Sajit has been promoted to the position of Senior Vice President and now serves as the Head of Water & Effluent Treatment IC.
7. Jubilant Foodworks: Jubilant Foodworks has issued a clarification stating that the company has not reduced the prices of large pizzas at Domino’s.
8. HAL: The Indian Air Force (IAF) has announced its plan to procure an additional 97 Light Combat Aircraft (LCA) from Hindustan Aeronautics Limited (HAL).
9. Hindustan Zinc: Hindustan Zinc Ltd has entered into an agreement to utilize the LNG-powered fleet from GreenLine Mobility Solution Ltd in its supply chain and transportation operations.
10. RBL Bank: In the quarter ending September, there was a significant surge in retail advances, which saw a YoY increase of 34%. Compared to the previous quarter, retail advances also grew by 8%. On the other hand, wholesale advances experienced a more moderate growth trajectory, with a 7% YoY increase and remaining relatively flat sequentially during the same period.