Top 20 Stocks Today- Manappuram Finance’s subsidiary Ashirwad Micro Finance has got relief from RBI. The ban on loan allocation and disbursal has been lifted. Restrictions were imposed in October last year. Apart from this, there is good news for Lupine also. The company’s Pithampur unit has received a clean chit from the US FDA. Because of this, action can be seen in the shares of these two companies today. Along with this, the market will keep an eye on the shares of other companies doing similar business. Whereas in the show Sitadha Sauda on CNBC-Awaaz, 20 strong stocks including TATA TECHNOLOGIES and JK Cement have been suggested to the investors for trading. Investors can earn good income by investing in it with their understanding and analysis.
Ashish Verma’s team
1) MANAPPURAM FINANCE (GREEN)
The company’s subsidiary got big relief from RBI. The ban on Ashirwad Micro Finance has been lifted. RBI had banned it till October 2024. There was a ban on approval and distribution of new loans. Ban was imposed on the charges of charging high interest on the loan.
JLR wholesale rose 3% to 1.04 lakh units. JLR retail sales declined 3% year-on-year to 1.06 lakh units. Range Rover wholesale wholesale volume stood at 22%. Range Rover Sport wholesale volume was up 17%. Range Rover Defender wholesale volume stood at 13%. Overall wholesale volume of JLR’s 3 best models was 70%
Work started in two units of 1020 MW of PHEP-II. PHEP-II i.e. Punatsangchhu-II Hydroelectric Project
Pithampur plant gets VAI status with EIR from USFDA. The plant was inspected between 16 and 27 September. Production of API and finished products started at Pithampur unit
5) PN GADGIL JEWELERS (GREEN)
The company’s consolidated growth in Q3 was 24% on an annual basis. Benefited from strong same store sales growth in the festive season. The growth of the retail segment in Q3 was 42%. The income growth in franchise on annual basis was about 87%. There was a strong growth of 40% in diamond. Launched 9 new stores in 9 days of Navratri. The company plans to open 3 more new stores in Q4
6) UNITED BREWERIES (GREEN)
Telangana Excise Commissioner’s statement has come in the beer supply matter. The outstanding amount was handed over to the Finance Department between April-August. The matter of increasing beer prices is being looked into by the Fixation Committee. The prices will be decided only after the committee’s recommendation.
7) ANAND RATHI WEALTH (GREEN)
The board will consider bonus shares in its meeting on January 13.
Copper price reached a two-month high in the international market. Copper price reached $4.24/Lbs in international market
Copper price reached a two-month high in the international market. Copper price reached $4.24/Lbs in international market
Shares of IT companies are expected to rise before their quarterly results.
Trade setup for today: If Nifty remains above 23700, level of 24000 is possible.
Virendra Kumar’s team
The stock slipped below 200DEMA, hence there is a possibility of a fall in the stock.
The stock crossed 20DEMA after October 3, hence a rise in the stock is possible.
If the stock breaks the level of Rs 280, it is possible to fall to the level of Rs 267-265.
The bullish trend continues in FMCG shares. The stock closed above 20DEMA for the second consecutive day.
5. Jindal Stainless (RED)
The stock slipped below the important base of Rs 650 level, hence there is a possibility of a fall in the stock.
6. L&T Technology (GREEN)
Buying from lower levels returned in IT shares in the last hours yesterday. The stock reached the level of 20DEMA, hence the level of Rs 4940 also seems possible.
The price of Brent remains above $76. The stock closed above all moving averages yesterday
The price of Brent remains above $76, hence a rise in the stock is possible.
The stock reached near multi-month base of Rs 430. If the stock breaks the level of Rs 430, there is a possibility of further decline in the stock.
The stock reached the level of 200DEMA. If the stock reaches the level of Rs 2360, further rise in the stock is possible.
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