Top 10 stocks for today – 9th October, 2024

9 Oct 2024 , 09:20 AM

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

Infosys: The IT services company has expanded its four-year partnership with Old National Bank to enhance the bank’s operational and technological transformation.

Torrent Power: The company has secured a substantial contract from the Maharashtra government to provide 2,000 MW of energy storage capacity from its upcoming pumped hydro storage plant.

Dr Reddy’s: Dr. Reddy’s subsidiary, Aurigene Oncology, has announced encouraging results from its first clinical trial of Ribrecabtagene autoleucel.

Tata Motors: The company announced an 11% decline in group wholesales, including Jaguar Land Rover, with total sales reaching 304,189 units in Q2 FY25. Global wholesales for passenger vehicles decreased by 6%, while Jaguar Land Rover sales fell by 10%.

ICICI Bank: ICICI Bank and PhonePe have teamed up to provide a credit line of up to ₹2 lakh to pre-approved customers via the PhonePe app.

LIC: LIC has decreased first-year agent commissions from 35% to 28%, while boosting renewal premium commissions by 7.5%.

SpiceJet: Following a successful ₹3,000 crore fundraising through qualified institutional placement, SpiceJet aims to invest ₹400 crore over the next two years to return 36 grounded planes to service. Additionally, the airline is leasing seven planes to bolster its operations.

Tata Technologies: BMW and Tata Technologies establish joint venture to enhance software capabilities.

Ola Electric: Ola Electric has received a show-cause notice from the Central Consumer Protection Authority, linked to nearly 10,000 grievances. The company has asserted that the notice will not impact its business operations and emphasized its commitment to continuing its activities as planned.

One97 Communications: Paytm Money, a subsidiary of One97 Communications, has introduced BSE Futures & Options (F&O) trading, enabling users to trade contracts on both the NSE and BSE. With a competitive trading fee of ₹20 per order, this initiative aims to improve the user experience, particularly for the growing number of retail investors who have been encountering losses in F&O trading.