TOP 5 STOCKS OF THE DAY
TOP 5 STOCKS OF THE DAY
1️⃣ Restaurant Brands Asia Ltd | 9%
Restaurant Brands Asia surged by 9% during early trade on September 15, following a major block deal worth ₹1,494 crores on the exchanges. Approximately 12.54 crore shares, equivalent to 25.4% of the equity were traded.
2️⃣ UCO Bank | 8%
Nifty PSU banks are in focus as the state-owned banks have improved their net interest income and CASA. These banks stand to benefit significantly from the RBI's decision to halt incremental CRR.
3️⃣ New India Assurance Company Ltd | 7%
In August 2023, general insurance premiums in India rose by 12.8% to reach ₹19,290.70 crores, up from ₹17,101.72 crores in August 2022. New India Assurance Company, the market leader, reported a modest 2.63% growth, with premiums totalling ₹2,310.59 crores, compared to ₹2,251.27 crores in the same period last year.
4️⃣ Intellect Design Arena Ltd | 6%
Zimbabwe's AFC Commercial Bank has chosen Intellect Design for its banking operations. This partnership aims to provide customers with a streamlined and personalised banking experience by implementing Intellect Digital Core (IDC) to modernise the bank's operations.
5️⃣ Bajaj Auto Ltd | 5%
Bajaj Auto surged by up to 4% to reach a record high on September 15, following news of a 'Buy' upgrade from global brokerage BofA Securities. The target price was also revised from ₹5,100 to ₹5,550.
1️⃣ Restaurant Brands Asia Ltd | 9%
Restaurant Brands Asia surged by 9% during early trade on September 15, following a major block deal worth ₹1,494 crores on the exchanges. Approximately 12.54 crore shares, equivalent to 25.4% of the equity were traded.
2️⃣ UCO Bank | 8%
Nifty PSU banks are in focus as the state-owned banks have improved their net interest income and CASA. These banks stand to benefit significantly from the RBI's decision to halt incremental CRR.
3️⃣ New India Assurance Company Ltd | 7%
In August 2023, general insurance premiums in India rose by 12.8% to reach ₹19,290.70 crores, up from ₹17,101.72 crores in August 2022. New India Assurance Company, the market leader, reported a modest 2.63% growth, with premiums totalling ₹2,310.59 crores, compared to ₹2,251.27 crores in the same period last year.
4️⃣ Intellect Design Arena Ltd | 6%
Zimbabwe's AFC Commercial Bank has chosen Intellect Design for its banking operations. This partnership aims to provide customers with a streamlined and personalised banking experience by implementing Intellect Digital Core (IDC) to modernise the bank's operations.
5️⃣ Bajaj Auto Ltd | 5%
Bajaj Auto surged by up to 4% to reach a record high on September 15, following news of a 'Buy' upgrade from global brokerage BofA Securities. The target price was also revised from ₹5,100 to ₹5,550.
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