Top 10 stocks for today — 8th December 2022

8 Dec 2022 , 08:08 AM

The Singapore Exchange’s Nifty futures traded 6.5 points, or 0.03%, lower at 18,665, indicating that the stock markets may open flat on Thursday. 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. Tech Mahindra:

A comprehensive, industry-neutral platform called Cloud BlazeTech has been launched by the major IT company to maximize commercial value for cloud-powered businesses around the world.

1. Infosys:

The second-largest IT services provider in India started its fourth share buy-back, which would cost Rs9,300 crore. Through the open market, the buy-back will be conducted at a price per equity share  that is not higher than Rs 1,850.

1. Macrotech Developers:

The real estate firm set the floor price for the QIP offer at Rs 1,022.75 per share. A discount of up to 5% off the floor price may be provided by the company and the selling shareholders.

1. IDFC First Bank:

Together with the NASSCOM Centre of Excellence, the private banker is fostering the innovation ecosystem and assisting businesses with a variety of financial options.

1. Aster DM Healthcare:

The provider of healthcare services claimed to have reached a deal with Iraq’s Faruk Medical City to expand healthcare options there.

1. Eicher Motors:

The motorcycle manufacturer announced that operations have begun at its new production factory in Brazil.

1. Mahindra Logistics:

On December 6, the provider of logistics solutions incorporated MLL Global Logistics as a wholly-owned subsidiary in the UK to conduct logistics, supply chain management, including freight forwarding, and air charter business globally.

1. ONGC:

Arun Kumar Singh is appointed as the new Chairman and MD of ONGC

1. Bank of Maharashtra:

The government-owned lender has raised Rs 348 crore through bonds to finance further expansion. The lender obtained the funds through a private issue of tier II bonds that complied with Basel-III.

1. Metro Brands:

The footwear business has completed the acquisition of Cravatex Brands in its entirety. Under a number of brands, including “FILA” and “Proline,” Cravatex is in the business of importing, trading, selling, marketing, advertising, retailing, and distributing footwear, clothes, and accessories.

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