Here is the list of top 10 stocks that will be in focus today

ONGC: The government has once again revised the newly-introduced windfall tax levied on crude, diesel and jet fuel (ATF), according to a government notification issued on Tuesday. The tax on domestically produced crude oil has been raised to Rs17,750 ($226.14) per tonne from Rs17,000 per tonne, while export taxes on jet fuel has been cut to zero from Rs4 per litre.

Adani Green Energy: Adani Green Energy Limited (AGEL) on Tuesday posted a fall of over 2% in consolidated net profit at Rs214 crore in the April-June quarter of FY23, due to higher expenses. The consolidated net profit of the company in the year-ago period was Rs219 crore, according to a regulatory filing. The company's total income rose to Rs1,701 crore in the first quarter of the current fiscal. It was at Rs1,079 crore in the same period last year.

Reliance: The government has raised the windfall tax on domestically produced crude oil to Rs17,750 per tonne and export taxes on jet fuel will be zero from Rs4 per litre. This is the second revision on the newly-introduced windfall tax which is levied on crude, diesel and jet fuel since its introduction.

Bank of India: Bank of India on Tuesday reported a 22?cline in standalone profit after tax to Rs561 crore in the April-June quarter on higher provisioning for bad loans. The lender had reported a profit after tax of Rs720 crore in the same quarter of the previous fiscal. Total income during April-June 2022-23 fell to Rs11,124.36 crore from Rs11,641.37 crore in the year-ago period as income from other sources was down.

Shriram Transport Finance: Non-Banking Finance Company (NBFC) Shriram Transport Finance (STFC) on Tuesday said it has received approval from the Competition Commission of India (CCI) for its merger with Shriram City Union Finance Company. The Chennai-based diversified financial services company Shriram Group, in December last year, announced the merger of Shriram Capital Ltd (SCL) and Shriram City Union Finance Ltd (SCUF) with Shriram Transport Finance Ltd.

ITC: FMCG major, ITC has exited its lifestyle retailing business. The decision was made after a strategic review of its business portfolio. In June this year, ITC's chairman hinted at key changes in the lifestyle retailing business. In the company's annual report, Sanjiv Puri had said that ITC has restructured the business during the year.

Brigade Enterprises: Realty firm Brigade Enterprises Ltd on Tuesday reported a consolidated net profit of Rs87.68 crore for the quarter ended June on better sales. It posted a net loss of Rs40.09 crore in the year-ago period. Total income jumped more than two-fold to Rs920.28 crore in the first quarter of this fiscal from Rs391.52 crore in the corresponding period of the previous year.

Kotak Mahindra Bank: A Kotak Mahindra Bank arm is targeting to raise up to Rs1,500 crore to invest in private equity and venture capital funds. Kotak Investment Advisors (KIAL) said it is launching the Kotak India Alternate Allocation Fund (KIAAF), a 'fund of funds', which is targeting to raise Rs750 crore with a greenshoe option of another Rs750 crore.

Dangee Dums: Gujarat-based leading Cake and Ice-Cream brand has approved a bonus issue at its board meeting held today on 2 August 2022. The board has also approved the proposal to split the company's shares and increase the authorised share capital of the company. The company has fixed September 7 as the record date for the purpose of bonus issue and share split.

STL Technologies: STL launched a comprehensive suite of optical connectivity solutions to empower India's 5G readiness. With recently held spectrum auctions, India is expected to have 200mn 5G subscribers by 2025. The industry requires state-of-the-art optical products that can make 5G deployment quick, easy and cost-effective.