Top 7 hot stocks for today-4th April, 2024

Hot stock today

Domestic equity markets ended on a flat note on Wednesday following a choppy trading session. The BSE Sensex eased 27.09 points, or 0.04 per cent to settle at 73,876.82. Here are the stocks that may remain under spotlight before opening bell on April 4, 2024.

Vodafone Idea

The telecom operator said that its board of directors would meet on April 6 to discuss issuing equity or convertible securities on a preferential basis to one or more promoter group firms for Rs 2,075 Crore.

Bajaj Finserv

Bajaj Finserv Ltd has invested Rs 2,000 crore via means of rights issue in Bajaj Housing Finance, a wholly-owned subsidiary of the Bajaj Finserv on April 3, 2024.

Vedanta

The metal miners aluminium arm Vedanta Aluminium has expanded its alumina refining capacity to 3.5 million metric tonnes per year. It has commissioned a 1.5 MTPA capacity alumina refinery in Odisha.

Poonawala Fincorp

The NBFC reported the highest ever disubrsements in Q4FY24 at Rs 9,680 crore, growing 52 per cent YoY and 11 per cent QoQ.

Federal Bank

The Kerala-based private lenderss gross advances grew by 20 per cent to Rs 2,12,758 crore in the March 2024 quarter, with retail credit book growing by 25 per cent.

Union Bank of India

The PSU lenders DIFC Dubai branch has arranged for a syndicated term loan of $500 million, including a green shoe of $100 million, in two tranches with a tenure of 3 years and 5 years.

Welspun Enterprises

The rating agency CRISIL has reaffirmed the long-term and short-term ratings of the civil construction firm to CRISIL AA-/stable and CRISIL A1+, respectively.