Stock Market: Top Stocks to Watch Today (17th Sep, 24 – Tuesday)
Wipro Ltd: Wipro has acquired a leading cybersecurity firm to bolster its security services offering. Strategic acquisitions, focus on digital transformation, and a solid balance sheet make Wipro an attractive option for intraday traders.
Tech Mahindra: Tech Mahindra has partnered with a leading automotive company to develop next-gen mobility solutions. Expertise in telecom and enterprise solutions, coupled with a strong focus on innovation, positions Tech Mahindra well for intraday trading.
PVR Ltd: PVR has seen a surge in footfall and box office collections with the release of several blockbuster movies. PVR is leading position in the multiplex industry, strong recovery post-pandemic, and high box office collections make PVR a good pick for intraday trading.
Zee Entertainment Enterprises Ltd: Zee Entertainment has recently announced a merger with Sony Pictures Networks India, which is expected to create a media powerhouse. The merger is likely to enhance Zee’s market share and content library, making it a strong candidate for intraday trading.
Sobha Ltd: Sobha has launched a new residential project in Pune, which has seen strong pre-bookings. Strong brand reputation, high-quality construction, and a focus on premium residential projects position Sobha well for intraday trading.
Oberoi Realty Ltd: Oberoi Realty has reported higher-than-expected quarterly earnings, driven by strong demand for its residential and commercial projects. High profitability, premium project portfolio, and strong financial health make Oberoi Realty an attractive option for intraday traders.
Aurobindo Pharma Ltd: Aurobindo Pharma has received a significant order from a European healthcare provider, boosting its export revenues. Extensive product portfolio, strong export market, and consistent financial performance make Aurobindo Pharma a good pick for intraday trading.
Lupin Limited: Lupin has launched a new biosimilar product in the Indian market, which is expected to drive growth in the coming quarters. Leadership in biosimilars, strong domestic market presence, and continuous product launches position Lupin well for intraday trading.
Tata Motors Ltd: Tata Motors has launched a new electric vehicle (EV) model, which has received positive reviews and strong pre-bookings. Leadership in the EV segment, robust product pipeline, and strong market presence position Tata Motors well for short-term gains.
Mahindra & Mahindra: Mahindra & Mahindra has announced a strategic partnership with a global tech firm to develop advanced automotive technologies. Diversified product portfolio, strong presence in both passenger and commercial vehicle segments, and focus on innovation make Mahindra & Mahindra an attractive option for intraday traders.
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 😊