The Indian market is likely to open higher Thursday after the Finance Minister Nirmala Sitharaman unveiled stimulus measures for small businesses, NBFCs, power companies and real estate sectors to combat the economic damage caused by the novel coronavirus pandemic. At 7:05 am, the SGX Nifty was trading 50.05 points or 0.54 percent higher at 9,260.30, indicating a positive start for the Sensex and Nifty50.

Here are top 10 buzzing stocks for today:

1. Infosys:

The company has announced a strategic partnership with NICE Actimize to offer end-to-end financial crime solutions.

2. Maruti Suzuki India: The company’s board has approved supply of derivative model of Vitara Brezza to Toyota Kirloskar Motor which will result in incremental sales for the company.

3. Godrej Consumer Products: The company’s net profit in Q4FY20 declined to Rs 230 crore as against Rs 935 crore while revenue fell to Rs 2,154 cr versus Rs 2,453 cr YoY.

4. PNC Infratech: The company has been declared the L1 (lowest) bidder for National Highways Authority of India's project worth Rs 1,412.0 crore.

5. ABB India: The company reported 25.8 percent YoY fall in net profit in the March quarter to Rs 66 crore while revenue declined to Rs 1,522 crore versus Rs 1,850 crore, YoY.

6. Siemens: The company reported 38 percent YoY fall in March quarter net profit to Rs 176 crore while revenue fell to Rs 2,838 crore versus Rs 3,578 crore, YoY.

7. Indiabulls Real Estate: Infomerics Valuation and Rating (Infomerics) has revised the long-term rating of the company to IVR A+ citing challenges faced by the Indian real estate sector.

8. Finolex Industries: The company has partially resumed operations in a phased manner at its Urse (Maharashtra) plant and warehouses.

9. Schaeffler India: The company’s net profit in March quarter declined to Rs 78.35 crore as against Rs 106.2 crore, revenue fell to Rs 928.54 crore versus Rs 1,172 crore, YoY.

10. Future Lifestyle: CARE Ratings has downgraded the credit rating for short term bank facilities of the company to A1 from A1+.

First Published:May 14, 2020 8:27 AM IST