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Top 10 stocks for today – 8th September 2023

8 Sep 2023 , 07:25 AM

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

Sterlite Technologies: To accelerate the growth of South Carolina’s rural connectivity infrastructure, the optical and digital solutions firm has collaborated with broadband services and applications provider TruVista. TruVista, based in South Carolina, is increasing fiber optic connectivity in rural areas.

LTIMindtree: The company introduced two industry solutions, AdSpark and Smart Service Operations, to help firms on the Salesforce platform reduce time-to-market. AdSpark assists merchants in getting a head start on building their own Retail Media platforms, whereas Smart Service Operations combines the power of Salesforce Service Cloud and the NxT Platform for clients in manufacturing, construction, transportation, mining, power & utilities, and other industries.

Samvardhana Mother International: Motherson’s wiring harness factory in Ras Al Khaimah (UAE) has been launched by the automobile component manufacturer. Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, opened the facility, which is located in the Ras Al Khaimah Economic Zone (RAKEZ).

Bajaj Finserv: The gross direct premium underwritten for August by subsidiary Bajaj Allianz General Insurance Company was Rs 1,677.87 crore, while the premium in the current fiscal year up to August was Rs 9,228.81 crore. The overall premium for August at subsidiary Bajaj Allianz Life Insurance Company was Rs 926.41 crore, and the total premium for the current fiscal year (FY24) up to August was Rs 3,828.06 crore.

JB Chemicals & Pharmaceuticals: Lakshay Kataria, the company’s Chief Financial Officer, has resigned for personal reasons and will be freed of his duties as of the end of business hours on November 30, 2023.

Vedanta: Vedanta Resources is sending representatives to Singapore and Hong Kong to speak with bondholders as the junk-rated Indian miner prepares to repay around $2 billion in notes next year.

Tata Steel: AVAADA Group announced a collaboration with Tata Steel Special Economic Zone Ltd (TSSEZL) to establish a green hydrogen and ammonia manufacturing factory in Odisha.

Mazagon Dock Shipbuilders: The state-owned shipyard has signed a Master Ship Repair Agreement (MSRA) with the US Government, which is represented by NAVSUP Fleet Logistics Center (FLC) Yokosuka. This is a non-monetary agreement. There are just two shipyards in the country, one of which, Mazagon Dock, has signed the MSRA. The deal is anticipated to allow US Navy ships to undergo voyage maintenance at Mazagon Dock.

Shemaroo Entertainment: On September 5, the CGST and the central excise agency conducted a search of the company’s premises and detained top officials. However, according to reports, bail was granted later on.

Landmark Cars: The premium automotive retailer has agreed to create a dealership in Howrah, West Bengal, by signing a letter of intent (LoI) with Mahindra & Mahindra. This dealership will be located in one of Landmark Cars’ completely owned subsidiaries, Landmark Mobility. This division will sell and service Mahindra’s Personal, Pickup, and Supro vehicle lines.

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