Stock Market: Top Stocks to Watch Today (18th Sep, 24 – Wednesday)
Torrent Pharmaceuticals: Torrent has announced the acquisition of a new drug portfolio, which could expand its product offerings. Strong focus on chronic therapies, extensive distribution network, and solid financials.
Alkem Laboratories: Alkem has received approval for a new antibiotic in the US, which could boost its international sales. Leading player in anti-infectives, strong domestic market presence, and consistent growth.
Eicher Motors: Eicher Motors has reported strong sales growth in its Royal Enfield segment, driven by new model launches. Strong brand presence in premium motorcycles, consistent financial performance, and expanding global footprint.
TVS Motor Company: TVS Motor has launched a new range of electric scooters, which are expected to drive growth. Leading player in two-wheelers, strong focus on innovation, and extensive dealer network.
Dabur India: Dabur has launched a new range of Ayurvedic products, which are expected to boost sales. Strong focus on natural and Ayurvedic products, extensive distribution network, and consistent financial performance.
Marico: Marico has reported strong growth in its premium personal care segment, driven by new product launches. Leading player in hair care and edible oils, strong brand portfolio, and robust financials.
IDFC First Bank: IDFC First Bank has announced plans to expand its branch network and enhance its digital banking offerings. Strong focus on retail banking, innovative product offerings, and improving financial performance.
IndusInd Bank: IndusInd Bank has reported strong growth in its loan book, driven by increased demand in retail and corporate segments. Strong focus on retail and corporate banking, robust digital banking platform, and consistent financial performance.
Oil and Natural Gas Corporation: ONGC has announced new oil and gas discoveries, which are expected to boost its production and revenue. Largest oil and gas exploration company in India, strong government backing, and consistent financial performance.
Indian Oil Corporation: Indian Oil has reported strong quarterly earnings, driven by higher refining margins and increased sales. Leading oil refining and marketing company, extensive distribution network, and robust financials.
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 😊
