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Top 10 stocks for today - 7th December 2022

7 Dec 2022 , 08:52 AM

The Singapore Exchange’s Nifty futures traded 28.5 points, or 0.15%, lower at 18,724, indicating that the stock markets may begin the day on a down note. The following 10 stocks may show price movement in today’s market. To check more hot stocks, click at: https://www.indiainfoline.com/markets/hot-stocks

  1. Vedanta:

The large mining company headed by Anil Agarwal said it may raise up to Rs 500 crore through debentures.

  1. HDFC AMC:

The mutual fund player’s promoter and full 10.21% shareholder, abrdn Investment Management proposes to sell the entire holding via block deal on Wednesday.

  1. Vodafone Idea:

In the absence of a response from the government over the conversion of interest dues into equity, the debt-ridden telecom player’s plan to issue Rs 1,600 crore in debentures to mobile tower vendor ATC Telecom Infrastructure has expired.

  1. Siemens:

The engineering company won a contract to build 1,200 electric locomotives with a 9000 HP (horse power) at Dahod in Gujarat for more than Rs 20,000 crore.

  1. Bikaji Foods International:

The ethnic food manufacturer recorded consolidated profit after tax of Rs 40.92 crore, up 43.5% year over year. Comparing the current quarter to the same period last year, revenue increased by 32% to Rs 577 crore.

  1. Craftsman Automation:

According to bulk deal information available with the BSE, private equity firm Marina III Singapore sold its whole 5.48% investment, or 11,56,808 shares, at an average price of Rs 3,200 in the engineering company for Rs 370 crore.

  1. Ircon International:

Sri Lanka Railways has given the railroad company an order for a signalling and communications system. The Rs 122 crore order is covered by the Indian line of credit.

  1. Jammu & Kashmir Bank:

The state-run lender made an announcement about its collaboration with Maruti Suzuki India to make it easier for its customers to apply for automobile loans using the digital smart finance platform of the automaker.

  1. IDBI Bank:

Even if a foreign bank buys the bulk of the shares and managerial control of the private sector bank, the private lender would nevertheless carry on with its primary dealer activity.

  1. Dish TV:

Following the retirement of its former promoter-supported chairman Jawahar Lal Goel, the direct-to-Home operator announced the appointment of three new independent directors to the board of the business.

For feedback and suggestions, write to us at editorial@iifl.com

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