Top 10 Stocks To Buy For Today (06-06-24); IEX, ITC, Tata Steel, Adani Power, Reliance Infra, RVNL, BHEL, KP Green Engineering, NBCL

Top 10 Stocks To Buy For Today (06-06-24); IEX, ITC, Tata Steel, Adani Power, Reliance Infra, RVNL, BHEL, KP Green Engineering, NBCL

June 6, 2024

Tata Steel: The Netherlands may provide up to $3.26 billion for the green transformation of Tata Steel Ltd.’s IJmuiden factory, which has caused serious health and environmental problems in the surrounding area.

Stocks To Buy

On 5th June, The NSE Nifty 50 index soared by 3.36 percent, settling at 22,620.35, while the BSE Sensex saw a robust increase of 3.20 percent, closing at 74,382.24. Both indices surpassed their closing levels from the previous Friday, when the Nifty index closed at 22,531 points.

Stocks to be in focus today, according to Experts and Zee Business

  1. ITC Stock: The board  will seek its shareholders’ approval for the proposed demerger of its hotels business in a meeting scheduled at 10:30 am on Thursday.
  2. Clara Industries Stock and Vuenow Infratech shares are scheduled to go ex-dividend on Thursday. 
  3. BHEL Stock: Company won an order of Rs 3,500 crore from Mirzapur Thermal Energy (UP) for a 2×800 MW thermal power project. 
  4. Rail Vikas Nigam Ltd (RVNL) Stock: Received an acceptance letter for aईस्टर्न रेn Eastern Railway Sitarampur Bypass railway project worth Rs 391 crore.
  5. IEX Stock: Company registered a 29 per cent year-on-year incrase in its total volume to 10,633 MU in May, with a 38.3 per cent jump in real-time electricity market (RTM) volume to a record 3,352 MU. 
  6. NBCC Stocks: Construction company NBCC (India) won 13 orders, including healthcare complex, building and interior works-related projects, amounting to Rs 491 crore. 
  7. Reliance Infrastructure Stock: Reliance Infrastructure Limited incorporated a new subsidiary, Reliance Risee Private Limited which will act as advisors and consultants for matters relating to engineering, technology. It will also deal in commodities and its derivatives.
  8. Adani Power Stock: Mirzapur Thermal Energy UP Pvt Ltd has become Adani Power’s arm after the allotment of 99.8 per cent of its equity to the company.
  9. Force Motors Stock: Force Motors’ domestic sales were up 14% to 2,412 units in May. Exports were down 63% to 180 units in the same month.
  10. KP Green Engineering: The company received new orders from multiple clients amounting to ₹351.35 crore.
  11. Tata Steel: The Netherlands may provide up to $3.26 billion for the green transformation of Tata Steel Ltd.’s IJmuiden factory, which has caused serious health and environmental problems in the surrounding area.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)


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