Here are the top 5 action stocks for the day

Kotak Mahindra Bank

Uday Kotak has resigned as the managing director and chief executive of Kotak Mahindra Bank. Dipak Gupta, currently the joint managing director, will carry out the chief executive duties until December 31.

Hindalco

Hindalco entered into a shareholder’s agreement and power purchase agreement with Seven Renewable Power for acquisition of 26% stake in SRPPL.

IDBI Bank

The government has invited bids to appoint an asset valuer for strategic divestment of IDBI Bank, according to reports.

Maharashtra Seamless

Maharashtra Seamless has won an order worth Rs 157 crore from Oil India and IOCL to supply seamless pipes.

ONGC

ONGC has approved capital restructuring ONGC Petro addition. The company has also approved buyback of convertible debentures of Rs 7,778 crore by ONGC.

Source: Media Reports