The Indian market closed in green for the second consecutive session in the new year to a new high on January 4. The S&P BSE Sensex jumped 307 points to close at 48,176, while the Nifty gained 114 points at 14,132.
Here are some of the top stocks for investors today.
Sun Pharma: The pharmaceutical company recived a nod to coronavirus vaccines and the inoculation drives in several countries worldwide. The company started its phase-2 trials of an oral drug called SCD-044 for patients suffering from moderate to severe bouts of plaque psoriasis.
MOIL: The state owned miniratna will form a JV with Gujarat Mineral Development Corporation for exploring manganese ore mining in Gujarat.
NBCC: The blue-chip Government of India Navratna enterprise has been awarded a work order worth Rs 351 crore to Gaursons Hi-Tech.
Biofil Chemicals: The pharmaceuticals products manufacturing company’s 1,21,058 equity shares were sold by Alpha Leon Enterprises LLP at Rs 192.15 per share on the LSE.
Filatex India: 62,20,903 equity shares in the company were sold by Chaturveda Advisory Services LLP at Rs 47.62 per share on the NSE.
JMT Auto: LTS Investment Fund sold 25,20,200 equity shares of JMT Auto at Rs 2.96 per share on the NSE.
Praxis Home Retail: Heritage Foods sold 7,40,279 shares of Praxis Home Retail at Rs 45 per share on the NSE.
Vikas Multicorp: 38,75,000 shares were sold by Sunayana Investment Company at Rs 5.67 per share. Zuber Trading LLP sold 50 lakh shares at Rs 5.67/share and LTS Investment Fund sold 40 lakh shares at 5.83 per share on the LSE.
KNR Constructions: The company bagged order worth Rs 603.63 crore in Chennai.
Garden Silk Mills: The National Company Law Tribunal (NCLT) approved the resolution plan of Garden Silk Mills.
Edelweiss Financial Services: The Rs 200 crore public Non-Convertible Debentures (NCD) issue was oversubscribed.
Poddar Housing and Development: L&T Mutual Fund cut its stake in the company to 3.18% from 5.21% earlier.
Minda Corporation: Steinberg India Emerging Opportunities Fund increased their stake in the company to 5.11% from 4.88% earlier.
HSIL: Promoter Dr Rajendra Kumar Somany & Others increased stake in the company to 60.24% from 53.91% through a buyback offer.
National Fertilizers: The state owned miniratna company achieved its highest ever production of 9.99 lakh MT urea in the third quarter during FY21.
Jaykay Enterprises: Board approved the draft Joint Venture and Shareholders Agreement with EOS Singapore Pte Ltd to incorporate a JV in India for 3D printing technology in India.
Commercial Engineers & Body Builders: With an upgraded long-term rating for the captioned Line of Credit (LOC) by the ICRA to A- and short-term rating of A2+, the company’s outlook on the long-term rating seems stable.
Wonderla Holidays: The country’s largest amusement park chain is set to reopen in Hyderabad from January 9th onwards.
Hemisphere Properties India: The government sanctioned a loan amounting to Rs 40 crore to the company.
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