The Indian market is likely to open lower Tuesday following losses in Asian markets on weak global cues. At 8:00 am, the SGX Nifty was trading 88.50 points or 0.62 percent lower at 14,088.50, indicating a negative start for the Sensex and Nifty50.
Here are the top 10 buzzing stocks for today:
1. HDFC Ltd
: The mortgage lender said its disbursements in the individual loan category have grown by 26 percent during the third quarter ended December 2020.
2. Bajaj Finance: The company’s AUM fell 1 percent YoY to Rs 1.43 lakh crore in Q3FY21. However, it rose 4.66 percent QoQ. New loans booked during Q3FY21 were 6 million as compared to 7.7 million in Q3FY20. The company’s deposit book stood at approximately Rs 23,800 crore as of December 2020 as compared to Rs 20,235 crore as of December 2019.
3. Sun Pharmaceutical Industries: The pharma major has started Phase-2 trials of oral drug SCD-044 in patients with moderate to severe plaque psoriasis.
4. Force Motors: The company sold 1,084 vehicles in December 2020 including domestic sales at 787 vehicles.
5. Glenmark Pharmaceuticals: The company has issued a notice of optional redemption to the holders of US $200 million 4.5% Senior Notes due 2021 listed on the Singapore Exchange Securities Trading Ltd. The redemption price for the Redeemed Notes will be 101.125% of the outstanding principal amount of the Redeemed Notes, plus accrued and unpaid interest thereon and additional amounts.
6. National Fertilizers Ltd: The company has achieved ever highest production of 9.99 lakh MT Urea in the third quarter during FY 2020-21.
7. MOIL: The company will form JV with Gujarat Mineral Development Corporation for manganese ore mining JV in Gujarat.
8. Edelweiss Financial Services: The company has raised over Rs 240 crore through the issuance of non-convertible debentures (NCDs).
9. NBCC India: The company has awarded a work order worth Rs 351 crore to Gaursons Hi-Tech.
10. KNR Constructions: The company has bagged order worth Rs 603.63 crore in Chennai.