Top Stocks for Today - 7th May 2025

7 May 2025 , 08:06 AM

Here are some stocks that could see notable movement in today’s trading session.

NLC India:

The firm has signed a strategic Memorandum of Understanding (MoU) with IREL (India) Ltd. The partnership aims at prospecting and evolving the strategic mineral assets like rare earth materials (REEs) through processes like mining, refining, and excavation. The collaboration will target to purchase and gain access to mineral assets domestically as well as overseas.

Additionally, NLC’s subsidiary has executed a Power Purchase Agreement (PPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) for 810 MW solar power plant at Pugal Solar Park, Rajasthan.

Shriram Finance:

The Board has approved the acquisition of 31.66 lakh Shriram Overseas Investments’ equity shares from Shriram Investments Holdings (SIHPL). The deal is for ₹50.11 crore with shares priced at ₹158.28 per share, which is to bolster the company’s investment portfolio.

Sun Pharmaceutical Industries:

Executive Vice President – Finance & Accounts and Chief Financial Officer (CFO) C.S. Muralidharan will retire on service from July 1, 2025. Jayashree Satagopan has been appointed as the new CFO, and her appointment is to be effective from the said date for the sake of orderly transition of leadership.

Life Insurance Corporation of India (LIC):

Bella Paul, Board & Secretarial, Chief In-Charge, has retired on a voluntary basis from the service of LIC with effect from May 6, 2025.

Prestige Estates Projects:

The newly launched project of the company, The Prestige City at Indirapuram, has seen strong demand. In a week of launch, it had registered sales worth over ₹3,000 crore in sales value, including 1,200 residential units, showing strong interest of buyers and strength of realty market.