Share Market: Top Stocks to Watch Today (22nd Nov, 24 – Friday)
Oil and Natural Gas Corporation: ONGC has recently announced new exploration projects and partnerships to boost production. Government backing, extensive reserves, and consistent dividend payouts.
National Thermal Power Corporation: NTPC is focusing on expanding its renewable energy capacity, aiming for 60 GW by 2032. Large market cap, strong government support, and a shift towards sustainable energy sources.
State Bank of India: SBI has recently launched new loan schemes aimed at boosting small and medium enterprises (SMEs), which is expected to drive growth in its loan portfolio. SBI has a vast network of branches and ATMs across India, making it highly accessible. It also offers attractive interest rates on deposits and loans.
HDFC Bank: HDFC Bank has recently announced a significant increase in its quarterly profits, driven by strong growth in retail and corporate loans. HDFC Bank is known for its robust financial performance, strong management, and consistent dividend payouts. It is considered one of the safest bets in the Indian banking sector.
Bajaj Auto Ltd: Bajaj Auto has reported a record-breaking quarterly profit, surpassing market expectations. Bajaj Auto is a leading two-wheeler manufacturer in India. The strong financial performance indicates robust demand and operational efficiency.
Eicher Motors Ltd: Eicher Motors has announced plans to expand its production capacity to meet growing demand for its premium motorcycles. Eicher Motors’ Royal Enfield brand is highly popular in the premium motorcycle segment. The expansion plans are expected to enhance its market share and profitability.
Cipla Ltd: Cipla has launched a new respiratory drug in the Indian market. Cipla is a well-established company with a strong presence in the respiratory and anti-infective segments.
Lupin Ltd: Lupin has announced a significant expansion of its manufacturing facilities in India. Lupin is known for its cost-effective manufacturing and a wide range of products, including generics and branded formulations.
Tata Consultancy Services: TCS has announced a new partnership with a leading global tech company to develop AI-driven solutions. TCS is a market leader with a strong global presence, robust financial performance, and a diverse client base.
Infosys: Infosys has reported a significant increase in its quarterly revenue, driven by strong demand for digital transformation services. Infosys is known for its innovation, strong management, and consistent growth. It has a solid reputation in the global market.
Disclaimer: Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy Trading 😊
