Share Market: These ten stocks can generate bumper earnings even in a slow market, make a strong strategy immediately
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Share Market: After the big crash in the Indian stock market on Wednesday, investors are going to trade cautiously in the market today. However, weak signals are being received from the global market on Wednesday also. Gift Nifty is also trading falling. In such a situation, Indian investors need to enter the market by making a strong strategy. In such a situation, we are telling you about ten such stocks on which the entire market will keep an eye today.
Maruti Suzuki: Income tax officials issued a draft assessment order to Maruti Suzuki for a total of Rs 2,159 crore for the financial year 2019-20. The corporation will present its concerns before the dispute resolution panel. This draft assessment order will not have any impact on the financial, operational or other activities of the company.
Adani Enterprises: Green Vitality RSC, a wholly owned subsidiary of Abu Dhabi International Holding Company (IHC), bought 6.43 lakh shares in Adani Enterprises in an open market transaction on October 3, representing 0.06% of the paid-up equity. As a result, IHC’s stake in the company has increased from 4.98% to 5.04%.
HDFC bank: According to reports, HDFC Bank Group Head Arvind Kapil will now look after the mortgage business, while Arvind Vohra has been promoted to the post of Group Head, Retail Assets. Parag Rao, group head, will also be in charge of marketing and liability products group, while Smita Bhagat and Sampat Kumar will be the new retail branch banking heads.
APL Apollo Tires:The structural steel tube company reported sales of 6,74,761 tonnes in Q2FY24, up 12% from last year. This is the company’s largest quarterly sales volume. The company reported sales volume of 13,36,262 tonnes for H1FY24, a growth of 30% year-on-year.
Rail Vikas Nigam: RVNL was the lowest bidder for improving the distribution infrastructure in the Northern region of Himachal Pradesh under the Revised Reform-based and Result-Linked Distribution Sector Scheme (Loss Reduction Actions).
Life Insurance Corporation of India: Income Tax Authority has issued an order requesting the life insurance company to impose a fine of Rs 84.02 crore. The corporation has received notices for assessment years 2012-13, 2018-19 and 2019-20.
Hero MotoCorp: On October 15, the world’s largest two-wheeler manufacturer will start sales of its first co-developed premium motorcycle, the Harley-Davidson X440. From September 1, it is conducting test rides for pre-booked passengers, and the new booking window will open on October 16.
Bajaj Finserv: The Directorate General of GST Intelligence, Pune, has issued a show cause cum demand notice to Bajaj Allianz General Insurance Business (BAGIC), an unlisted major subsidiary of the business, citing a tax demand of Rs 1,010 crore.
Vedanta: Total aluminum production for the quarter ended September FY24 was 594 kt, an increase of 2%, however, mined metal production declined 1% year-on-year to 252 kt. Total electricity sales increased by 12% to 4,048 million units.
Pidilite Industries: Pidilite MEA Chemicals LLC and Spain’s Corporation Empresarial Grupo Puma SL have formed a joint venture firm called PidilitePuma MEA Chemicals LLC in the UAE. The joint venture company will continue to manufacture building chemicals.
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