Top Stocks to Watch On October 9: Dr Reddy, IRB Infrastructure, JSW Infra, PB Fintech, Bharti Airtel, Torrent Power, Sheela Foam

Top Stocks to Watch On October 9: The Indian stocks benchmark Nifty Index began the day on a positive note and recovered from its starting low of 24,750 zones. Nifty went above 25,000 marks and last closed at 25,013. Sensex today was trading at 81,886 levels, up by 0.31%.

On Wednesday, October 9 there are some stocks to watch today that can give you high returns. Some of them are Dr Reddy, IRB Infrastructure, JSW Infra, PB Fintech, Bharti Airtel, Torrent Power, and Sheela Foam.

Here is a more detailed view of these stocks:

Also Read: Top Stocks to Watch On October 8: HDFC Bank, Puravankara, IRCON, HEG, Mindteck, Tata Motors, Cholamandalam Investment, Vedanta

Dr Reddy

The pharmaceutical company reported that its fully-owned subsidiary Aurigene Oncology declared good results from its first clinical trial of Ribrecabtagene autoleucel (DRL-1801).

This trial success is important as it is the first in India to test a new kind of CAR-T cell treatment for multiple myeloma, and blood cancer.

IRB Infrastructure

The company reported that its and IRB Infrastructure Trust's toll revenue went up by 19% year-over-year (YoY) to Rs 502 crore in September 2024 compared to Rs 421 crore in September 2023.

JSW Infra

The company declared that Arun Maheshwari will step down from managing director and CEO starting from November 7, 2024. Maheshwari will be given a new position within the JSW Group, he is still on the board as a non-executive chairman.

PB Fintech

The financial technology company reported that RDAI has sent PolicyBazaar Insurance Brokers a "show cause" notice on some observations. PolicyBazaar will send its response to authorities as per the prescribed dates.

Also Read: Fuel Rates Today On October 8: Check the Latest Petrol and Diesel Price in Your City

Bharti Airtel

The company reported that it is going through various opportunities for acquisitions. There is no major event that needs to be reported. The company responded to a report that they were discussing with the Tata Group to buy Tata Play.

Torrent Power

On Tuesday, the company reported that it has acquired a contract from the Maharashtra government to supply 2,000-megawatt energy storage capacity from its upcoming plant in the state.

Sheela Foam

The company said that it has secured a 10.5% stake in House of Kieraya (operating as Furlenco), a furniture rental company, for Rs 107 crore.

Also Read: Gold and Silver Rates Today On October 8: Check the Latest Gold Rates in Your City