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Top 10 stocks for today – 6th July, 2023

6 Jul 2023 , 07:57 AM

Here are some stocks that may show significant price movement today.

  1. Tata Power: On Wednesday, the company announced that it has secured a significant order valued at Rs 1,744 crore to execute a smart metering project for the Chhattisgarh State Power Distribution Company. The project is expected to be carried out over a span of 10 years.
  2. Bajaj Auto: In an interview with CNBC-TV18 on Wednesday, MD Rajiv Bajaj expressed that the 350cc segment presents a significant opportunity for any brand. He further mentioned that the exports of Triumph motorcycles will be distributed to all Triumph markets worldwide. However, it is currently challenging to estimate the export volumes.
  3. Biocon: On Wednesday, Biocon Biologics Ltd announced the successful completion of the integration process for the acquired biosimilars business across more than 70 countries. The company stated that the deal officially took effect from July 1, 2023.
  4. IndiGo: On Wednesday, IndiGo revealed that it has included Azerbaijan’s capital city, Baku, as its thirtieth international destination. The airline has made the decision to offer flight services from Delhi to Baku four times a week.
  5. JSW Steel: Effective from July 13, JSW Steel Ltd will replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex.
  6. LTIMindtree: LTIMindtree has recently introduced a comprehensive cyber recovery and data protection platform named ‘LTIMindtree V-Protect.’ The platform is powered by Rubrik, a leading company specializing in Zero Trust Data Security. This initiative aims to enhance cybersecurity measures and provide robust data protection for LTIMindtree’s clients.
  7. Asian Paints: Asian Paints has formed a joint venture company called Asian White Cement Holding in the name of Asian White Inc FZE. The joint venture has been established in Fujairah Free Zone, United Arab Emirates (UAE) with the purpose of manufacturing, trading, and exporting white cement.
  8. KEC International: KEC International, has achieved success by securing orders worth Rs 1,042 crore across different business segments. The Railways business has won a signalling and telecommunication project in the South Asian Association for Regional Cooperation (SAARC) region.
  9. Marico: During the June quarter, domestic volumes experienced modest growth in the low single digits. However, the management anticipates a noticeable improvement in the upcoming quarter, indicating a potential uptick in domestic business. On the other hand, the international business segment has maintained a robust growth momentum, showcasing healthy performance.
  10. DCB Bank: Tata AMC has received approval from the Reserve Bank of India to acquire a stake of up to 7.5% in DCB Bank.
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