Top 5 stocks for the day

Here are the top 5 action stocks for the day

Tata Motors Ltd 
Tata Motors net profit turned around to Rs 2,958 crore in Q3FY23 from net loss of Rs 1,516 crore in Q3FY22. EBITDA surged 33% to Rs 9,583 crore with EBITDA margin at 11.1%.

 

Dr Reddy Laboratories Ltd 
Net profits for Q3FY23 were up 77% yoy at Rs 1,247 crore led by strong 64% growth in US business. EBITDA margins expanded 500 bps to 29%.

 

Adani Enterprises Ltd 
The Rs 20,000 crore FPO opens on 27th January, with the company already getting Rs 5,985 crore of commitments from anchor investors on Wednesday.

 

LTI Mindtree Ltd
LTI Mindtree partnered with Duck Creek Technologies and Microsoft to build a cloud migration solution for insurers. It will help insurers to migrate to the cloud.

 

CG Power and Industrial Ltd 
Board announced the expansion of manufacturing capacity of transformers at 2 facilities in MP with an outlay of Rs 126 crore.

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