Here is a list of the top 10 stocks to be in focus today:

Archean Chemistry: The stock listing date for the initial public offering (IPO) of Archean Chemical Industries Ltd has been set on Monday. As per the information available on the BSE website, effective Monday, November 21, 2022, equity shares of Archean Chemical Industries Limited will be listed and accepted for trading on the Exchange in the ‘B’ group of securities register.

Five Star Business Finance: Five Star Business Finance will make its debut on Dalal Street on Monday. The IPO failed to get full subscriptions because it was able to collect 70% of subscriptions. The QIB portion, which was subscribed 1.77 times, helped pass the public offering, while HNI and retail investor quotas remained undersubscribed (61% and 11% respectively).

Tata Steel/JSW Steel/SAIL/Hindalco: The government cut export duties on steel and iron ore products starting November 19, 2022 — six months after the imposition of levies on May 21. certain pig iron and steel products as well as iron ore pellets will attract ‘nil’ export duties. The government’s decision to remove duties on the export of steel goods will boost demand for steel, industry members say.

Zomato: Food delivery platform Zomato said Friday that its co-founder Mohit Gupta has stepped down in his third major exit from a senior executive in a leadership role this month. In addition, Zomato is laying off staff across the company including in technology, product and marketing teams, said a person with knowledge of the developments, asking to remain anonymous. The exact number of employees asked to leave could not be immediately ascertained.

ONGC: India’s largest oil and gas producer ONGC said that the company’s oil production will jump 18% in FY2024-25. Backed by billions of dollars in investment, the major oil companies expect production to peak from the current fiscal year. In the previous fiscal year (2021-22), ONGC produced 21.707 million tons of crude oil, which was refined to produce petroleum products such as gasoline and diesel.

3i Infotech: 3i Infotech, an IT company, received a contract from Hindustan Petroleum Corporation. The contract covers the management and support of IT infrastructure at HPCL offices and factories including data centers across India. Total contract value is approx Rp51 crore spread over three years.

Indian engineer: State-owned Engineers India Ltd (EIL) said on Saturday that the company has been awarded the job of overall project management & EPCM services for LOBS Group-II Project at Manali Refinery of CPCL. “Engineers India Limited (EIL) has been entrusted by Chennai Petroleum Corporation Limited to provide Overall & EPCM Project Management Services for OHCU Revamp, CDWU and related Off-site facilities for LOBS Group-II Project at Manali Refinery,” the company said in a statement. .

Easy Trip Planner: The Board of Directors of Easy Trip Planners has set November 22, 2022 as the record date of the stock split based on the previous date. This means that the exchange will trade the ex-dividend on November 21, 2022, that is, on Monday. The company’s board has announced and approved a subdivision of shares at a ratio of 1:2.

Maruti Suzuki: Maruti Suzuki India estimates its sales network will touch the 3,700 mark by the end of this fiscal year. This is amid a push to increase production capacity at its Manesar-based factory by 1 lakh units to meet increased demand, according to a senior company official. The country’s biggest automaker on Friday surpassed 3,500 car sales outlets, more than double the 1,300 dealerships of a decade ago.

Hindustani copper: Hindustan Copper Ltd (HCL) increases copper ore production from the Malanjkhand project in Madhya Pradesh to 2.2 million tonnes from 1.6 million tonnes currently and will eventually increase to five million tonnes in the next 6-7 years, a company said the official. HCL aims to increase total copper ore production to 12.2 million tonnes per year in fiscal 2029 in the first phase of expansion from 3.57 million tonnes in fiscal 2012 and targets 3.9 million tonnes in the current fiscal year.


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