Top Stocks for today - 22nd November 2024

22 Nov 2024 , 08:16 AM

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

Adani Group: Shares of all Adani Group firms will be under review on November 22, a day after US prosecutors charged Gautam Adani with allegedly participating in a scam that involves agreeing to pay over $250 million in bribes to Indian government officials in exchange for solar energy contracts. Adani-owned enterprises have lost ₹2.3 Lakh Crore in market value thus far.

Nippon Life India AMC: The company announced the signing of a formal agreement with One Place Commercials Private Limited for the acquisition of commercial office space. The new location, at One Lodha Place in Lower Parel, has a carpet area of 52,162 square feet.

Tata Power: At COP29 in Baku, Azerbaijan, the business signed a Memorandum of Understanding (MOU) with the Asian Development Bank (ADB) to investigate funding possibilities for critical Indian energy infrastructure projects. It also provides funding for Tata Power’s capital expenditures to expand its distribution networks. These initiatives are anticipated to cost around $4.25 billion.

LIC: The business claimed it increased its investment in LTIMindtree from 5.033% to 7.034% between March 20 and November 19, 2024.

Vedanta Resources: The company has postponed its planned dollar bond issuance due to worries that Adani Group Chairman Gautam Adani’s prosecution by a US court may raise borrowing rates for Indian companies. The decision comes after Adani Green Energy Ltd. withdrew its scheduled dollar bond issuance earlier Thursday.

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