Stocks That Will See a Surge on November 02, 2022

stocks

There are several stocks to keep an eye on, including Tata Motors, HFCL, Adani Wilmar, Patanjali, Chambal Fertilizers, Gulshan Polyols, Veranda Learning, Adani Transmission, Dalmia Bharat, EIH, M&M Financial, Mahindra Holidays, and P&G Hygiene.

Under the production-linked incentive scheme, domestic telecom equipment manufacturer HFCL will invest approximately 425 crores in manufacturing equipment over the next four years. As one of the 42 businesses chosen for the telecom PLI scheme, HFCL has access to incentives worth up to 652.79 crores.

Life Insurance Corporation announced in a regulatory filing that its ownership of Tata Motors Ltd. had surpassed 5%. The percentage of Tata Motors’ paid-up capital that belongs to LIC has increased from 4.997% to 5.004%. According to LIC, the holding in the company has surpassed 5% as of October 31. According to LIC, the shares were purchased for an average price of 455.69 between December 3, 2021, and October 31, 2022. According to this, LIC has invested 11.9 crores in the company.

Keeping an eye on the above-listed 13 stocks are to be researched thoroughly.