Top Stocks for today - 6th December 2024

6 Dec 2024 , 09:14 AM

Here are some of the stocks that may see significant price movement today.

Dr Reddy’s Laboratories: The drug company revealed that its step-down wholly owned subsidiary, Dr Reddy’s Laboratories Kazakhstan LLP, has received a penalty notice from the Department of State Revenue in Almaty, Kazakhstan. The ruling, issued December 4, 2024, imposes a penalty of KZT 17,597,212 (about. ₹28.7 lakh) for disallowing certain expense claims for the calendar year 2021.

RITES: The state-owned corporation announced that it has been appointed as the Project Management Consultant (PMC) for the Phase II campus of the Indian Institute of Management (IIM) Raipur in Chhattisgarh. IIM Raipur awarded the project for ₹148.25 crore (excluding GST), which includes the PMC fee. The contract covers the execution, supervision, monitoring, and general development of the campus on a cost-plus basis. The project is planned to be completed within 23 months.

Canara Bank: The Reserve Bank of India (RBI) has approved the state-owned bank’s plan to sell its shares in Canara Robeco Asset Management Company Ltd (13%) and Canara HSBC Life Insurance Company Ltd (14.5%) through Initial Public Offerings. The RBI further directed that the bank comply to the Government of India’s October 31, 2029 deadline for reducing its stake in both businesses to 30%.

Waaree Energies: The National Accreditation Board for Testing and Calibration Laboratories (NABL) has accredited a leading solar module manufacturer’s testing lab located in Chikhli, Gujarat. This is the company’s second NABL-certified plant, after the Tumb production unit. 

Afcons Infrastructure: The company said that it has completed the longest tunnelling drive between the Tughlakabad Airforce launching shaft and Maa Anandmayee Marg Station on the Tughlakabad-Aerocity route, marking a milestone in Delhi Metro Phase IV construction. 

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