NSE share market NEWS tomorrow (01 December, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (01 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 December 2021
Idea Cellular was amongst the top gainers, currently trading at 12.80 in NSE with 2.718 times change in volumes and 15.837% change in price. Other gainers included Supreme Industries with 6.784% price change and 0.97 times volumes, Bse with 5.901% price change and 1.894 times volumes, Indusind Bank with 5.736% price change and 2.1 times volumes, and Union Bank with 5.698% price change and 1.68 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Cipla was amongst the top losers, currently trading at 928.15 in NSE with 0.813 times change in volumes and -4.442% change in price. Other losers included Glenmark Pharmaceuticals with -4.267% price change and 1.299 times volumes, Alkem Laboratories with -4.245% price change and 0.862 times volumes, One 97 with -3.701% price change and 0.588 times volumes, and Dabur India with -3.168% price change and 0.633 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
'You are insulting judges': SC warns ONGC of contempt over arbitrator fees. The top court sought Attorney General K.K. Venugopal's intervention in the matter, and asked him to speak to the ONGC and ensure that the issue is resolved
SC clears hurdle on custodial interrogation of ex-Unitech promoters by ED. The Supreme Court on Wednesday cleared a hurdle for fresh custodial interrogation of ex-Unitech promoters Sanjay Chandra and Ajay Chandra by the Enforcement Directorate
Online brokerage Upstox allows IPO applications via WhatsApp. Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.
US fund TFCC buys 46% stake in Ramcharan Co for .14 billion. The investment will go into the target company's energy management systems and renewable energy devices with high storage capacity made from sodium silicate
Royal Enfield reports 19% decline in wholesales during November. Domestic sales fell, while exports rose
CarDekho opens its first car refurbishment centre at Gurugram. The company said it plans to set up 20 such facilities in the country in near future
NHAI suffers toll loss of Rs 2,731 crore due to farmers protest. Replying to a written question in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said the protest started affecting toll collection from October 2020
JMC Projects bags new orders worth Rs 1,795 crore. JMC Projects has secured two orders worth Rs 1,795 crore, including water supply projects worth Rs 1,085 crore. Apart from the water supply projects, the company has bagged an order for Buildings & Factories (B&F) projects worth Rs 710 crore in the country
WardWizard Innovations posts 12-fold jump in two-wheeler sales in Nov. Electric vehicle maker WardWizard Innovations and Mobility on Wednesday reported nearly a 12-fold jump in its two-wheeler sales at 3,290 units in November, driven by festive season sales and rebound in the business activities. The Vadodara-based company, w
IndiGrid get Letter of Intent for transmission project in Maharashtra. Infrastructure investment trust IndiGrid has received Letter of Intent (LoI) from REC Power Development and Consultancy Ltd (REC) to establish a transmission system for evacuation of power from renewable energy projects in Osmanabad area in Maharashtra, a
SJVN looks to set up more renewable power projects in Uttar Pradesh. State-owned power producer SJVN on Wednesday urged the Uttar Pradesh government to allot the company more renewable power projects in the state, after bagging the 75 megawatts (MW) solar project in Jalaun. "A K Singh, director (finance), met Chief Minister
Aravali Power Company pays Rs 135 cr interim dividend to NTPC. NTPC Limited on Wednesday said Aravali Power Company has paid an amount of Rs 135 crore to the power giant as interim dividend for 2021-22.
Reliance Jio complaints to Trai over Vodafone Idea new tariff plans. Reliance Jio is learnt to have written to the sector regulator Trai complaining that the new tariff structure of Vodafone Idea allegedly restricts entry-level customers to port their mobile number
Technology firm Genesys to prepare 3D map of India's top-100 cities. Genesys Chairman and Managing Director Sajid Malik said the company has the capacity to finish the project for 100 cities within 18 months
Raymond's board approves JK Files & Engineering's Rs 800-crore IPO. Diversified group Raymond Ltd on Wednesday said its board has approved the listing of its subsidiary JK Files & Engineering Ltd (JKFEL), a company that is in the business of auto parts. The initial public offering (IPO) will also comprise an offer-for-sale
HMSI posts 35 pc decline in two-wheeler sales to 2,80,381 units for Nov. The Indian arm of the Japanese two-wheeler had sold a total 4,33,207 units, including exports, in November 2020, the company said
Maruti Suzuki India reports 3% production dip in November. The auto major reported total production of 1,45,560 units in November compared to 1,50,221 units in November 2020
Swiggy valued at .5 billion in 0-million Invesco-led round. Valuation has doubled since it was valued at .5 billion in April
US fund TFCC to buy 46% stake in Chennai's Ramcharan for billion. According to the company's official website, Ramcharan's registered office is at Dover City in Kent County
Birla Estates to invest Rs 5,500 cr to build luxury housing project: CEO. The company plans to develop 2.5 million square feet of housing, one million square feet of office buildings and 1,00,000 square feet of high street retail
CEOs who can't sit still: Jack Dorsey's Twitter departure is a sign. Jack Dorsey, who is stepping down after six years as Twitter's chief executive, is one of the tech leaders who seem to have grown tired of managing their empires
Paytm expects revenue, monetisation methods to expand in next few qtrs: CEO. Digital payments, financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters.
Twitter says will not allow sharing of private pics, videos without consent. Twitter will now remove media when notified by the individuals in it, or by an authorised representative, that they did not give their consent for having their private image or video shared
Sumitomo Mitsui completes acquisition of 74.9% stake in Fullerton India. Fullerton India's management team will continue to operate under the leadership of current Managing Director and Chief Executive Shantanu Mitra, the company said
Bajaj Auto's November sales decline 10% amid weak domestic demand. Two-wheeler sales in the world's largest market have been under pressure for the last two years
Escorts reports 30% decline in November tractor sales at 7,116 units. Farm machinery and construction equipment major Escorts Ltd on Wednesday reported a 30% decline in total tractor sales at 7,116 units in November 2021.
Nykaa looks to triple store count in retail expansion: CEO Falguni Nayar. Falguni Nayar declined to give a timeline for the rollout but said the company was targeting 100 cities.
Cred to acquire expense management start-up Happay at 0 mn valuation. Happay is a business expense, payments and travel management platform serving over 6,000 businesses
Tega Industries IPO gets fully subscribed within one hour of opening. The initial public offer of Tega Industries Limited, manufacturer of consumables for the mining industry, was fully subscribed within the one hour of opening for subscription on Wednesday.
Ashok Leyland's commercial vehicle sales slip 2% to 10,480 units in Nov. Hinduja flagship firm Ashok Leyland on Wednesday reported a 2% decline in total commercial vehicle sales to 10,480 units in November.
CollegeDekho raises -mn funding from QIC, Disrupt ADQ and others. CollegeDekho, an online college admissions and higher education services platform, on Wednesday said it has raised USD 35 million (about Rs 260 crore)
Tata Motors domestic sales up 21% in Nov on better volumes across the board. Growth was led by passenger vehicles, whose sales jumped 32% even as most other manufacturers saw production take a hit due to ongoing chip shortage
TVS Motor sales dip 15% in November on drop in two-wheeler volumes. However, exports grew 30% with sales of 96,000 units
Royal Enfield ties up with Belstaff for exclusive range of apparel. Mid-sized motorcycle maker Royal Enfield on Wednesday said it has joined hands with British brand Belstaff to market an exclusive range of apparel. Launched in 1924, Belstaff is one of the leading British Heritage brands, known worldwide for its high-perfo
Amid chip shortage, M&M records 6% drop in Nov auto sales to 40,102 units. While domestic passenger vehicles sales rose 7% YoY to 19,458 units, domestic commercial vehicles sales fell 23% to 17,543 units in November 2021
Dentist, CAs among five independent directors appointed by Bharat Petroleum. They have been inducted on to the company's board effective November 12, will hold office for three years
Mahindra PV sales up 8% amid chip crunch, tractors drop 17% in November. Firm says demand remains strong across product portfolio; momentum in exports continues with 90% growth
Maruti Suzuki total sales decline 9% YoY in Nov due to chip crisis. The car major is expecting an adverse impact on vehicle production in Haryana and Gujarat plants in Dec 2021 owing to electronic components supply constraint
CollegeDekho closes mn Series B round led by Winter Capital, ETS. Firm will boost investment in products and tech while growing new verticals like Ed-Fin-Tech, student accommodation and coaching for higher education
Tata Power bags solar project worth Rs 945 cr from Solar Energy Corp. The contract involves building 100 MW EPC solar project along with 120 MWh utility scale battery energy storage system
Investcorp exits Rs 135-cr structured credit investment in PBEL City. Deal is a milestone for firm's India residential credit biz; Against Rs 1,500 cr raised for this strategy, Investcorp has already made profitable exits exceeding Rs 1,350 crore in gross proceeds
Biocon enters Dow Jones Sustainability Index in Emerging Markets category. Pharma major makes it to the DJSI EM Index with a total sustainability score of 45 as against an industry average of 18
BSNL has given Sept 2022 timeline for pan-India 4G rollout: MoS Telecom. BSNL has given a timeline of September 2022 for rollout of its 4G services across India, and estimated an incremental revenue of about Rs 900 crore in the first year from such rollout
upGrad files Rs 3 cr trademark infringement suit against edtech firm Scaler. Accuses Scaler of using its brand name 'upGrad' through Google Ads to appear on top of search results on Google Search Engine and in turn gaining illicit benefit
Bewakoof expands its fashion category with launch of streetwear collection. The expansion of categories is part of the company's goal to reach Rs 2,000 crore in revenue by 2025
57% Indians prefer using regional languages for job search: Apna.co study. Vernacular language interface is driving higher engagement on Apna.co platform. Data from the past one year shows that after English, Hindi is the most popular language, followed by Kannada and Tamil
Urban Company launches free video consultations for appliance repairs. Initiative will enable the consumer to understand exact issue with an accurate diagnosis and cost estimate, leading to instant resolution, all through a video call
Hospitality SaaS company Rategain aims to mop up Rs 1,300 cr via IPO. Hopes to regain pre-Covid level of million ARR in FY22
Samsung, Acer bid for UP govt's tablet and smartphone scheme. The government has estimated to incur Rs 2,500 cr and Rs 2,200 on tablets and smartphones
SC stays FIR filed against YES Bank by Subhash Chandra in Dish TV case. The SC said the freeze on voting rights amounted to short-circuiting of judicial orders by using the police
RBI appoints three-member advisory committee to assist RCap's administrator. The regulator appointed Nageswar Rao Y, former executive director of Bank of Maharashtra, administrator of the company.
Global agri major Cargill buys edible oil refinery in Nellore for mn. The investment will expand Cargill's edible oil production capacity and footprint in southern India and strengthen its existing supply chain to meet growing customer demand
Shakti Pumps makes foray into manufacturing of motors, chargers for EVs. Shakti Pumps India manufactures and supplies solar pumps and motorised pumps
SAT quashes NSE's directive to Axis Bank in Karvy Stock Broking case. The order came after Axis Bank challenged the communication issued on December 8, 2020 by NSE
NMDC slashes lump ore prices by Rs 750 per tonne, fines by Rs 200 per tonne. Iron ore is the key steel making raw material. A change in its prices has a direct impact on the rates of steel
Zomato launches platform to help restaurants raise funds. There are thousands of budding restaurants that may not have the expertise or focus to fundraise at the right time from the right investors, said Zomato Chief Executive Officer Deepinder Goyal
ICICI Venture divests partial stake in Go Fashion. The initial public offering (IPO) of the company had received a strong response from investors with the issue being oversubscribed 135 times
Ola to invest up to Rs 786 crore in Ola Financial Services. Ola Financial Services is expanding its suite of products by launching new lending offerings
Walmart announces MoU with MP government to train and support MSMEs. The initiative comes under Walmart Vriddhi Supplier Development Programme
Ugro Capital raises Rs 150 cr by issuing bonds on private placement basis. The company's Investment and Borrowing Committee has approved the allotment of 150 protected market linked non-convertible debentures
Panasonic India expands ESL and Digital SignEdge business. These tech-enabled display solutions have been designed to increase operational efficiencies for retailers and enterprises
NCLT orders insolvency proceedings against MGF Developments. A two-member Delhi based bench of NCLT passed the order
Majestic shareholders reject re-appointment of Aashim Munjal as director. Majestic Auto had sought nod from the shareholders at its AGM held on November 29, 2021
Simplilearn completes maiden ESOP buyback worth Rs 48.7 crore. The buyback was completed earlier this month. The company has over 1,600 people
Bessemer Venture Partners raises 0 mn for early-stage India investments. The company's global portfolio includes Pinterest, Shopify and in India it has funds in PharmEasy and BigBasket.
Twitter's Parag Agrawal youngest CEO in S&P 500, nudges out Zuckerberg. Agrawal, who was appointed Monday to succeed Twitter founder and CEO Jack Dorsey, is 37, the same age as Meta Platform Inc. CEO Mark Zuckerberg
Reliance's JioMart turns to WhatsApp to break Amazon grip on grocery buyers. The move comes 19 months after Meta Platforms Inc., previously known as Facebook Inc., invested nearly billion into Reliance's Jio Platforms unit
IMFA to invest Rs 900 crore to boost production from Odisha mines. While the company has had no major capital expenditure for the current fiscal, for FY23, it plans to set up a 100,000 tonne plant at Kaliganagar, capex for which is about Rs 550 crore
Twitter's Parag Agrawal joins club of Indian-origin execs at global giants. Agrawal will receive an annual salary of million, in addition to bonuses, restricted stock units and performance-based stock units
Cyber Monday spending expected to slow as shoppers see fewer deals. Retailers had also spread out promotional deals across more weeks to protect profit margins from surging supply chain costs
Adda247 raises around mn in funding round led by WestBridge Capital. Edtech platform Adda247 on Tuesday said it has raised around USD 20 million (about Rs 150 crore) in a funding round led by WestBridge Capital. The Series B funding round also saw participation from existing investors, including Info Edge, Asha Impact and J
Data management platform Prablu raises mn in pre-Series A round. The SaaS company builds secure, enterprise-class data management solutions
Simplilearn completes first ever ESOP buyback worth Rs 48.74 crore. The buyback was undertaken as part of the recent investment by Blackstone earlier this year
Flipkart social commerce biz Shopsy's revenue grew 4x on festive purchases. Shopsy, which competes with players such Meesho, DealShare, BulBul, GlowRoad, Mall91, and simsim is on track to enable over 25 million online entrepreneurs by 2023.
'Tariff hikes, relief package to help telcos invest up to Rs 1.8 trn in 5G'. Improving bottomline along with the moratorium on government dues will provide telecom companies room to invest an estimated Rs 1.5-1.8 trn for 5G services, say Crisil
B2B packaging solutions startup DCGpac.com raises Rs 5 cr in pre-series A. DCGpac, which has sold over 200 million products across India so far, is growing more than 15 per cent month-on-month by revenue. It turned EBITDA positive this September
Will double down on India growth in next 6 months: WhatsApp Pay. WhatsApp India on Tuesday said that over the next six months, it will make significant investments regarding digital payments on its platform across the country
Coal India to infuse Rs 19,650 cr to strengthen rail infrastructure. The move will increase coal evacuation capacity of the PSU through rail mode by an additional 330 million tonnes per annum (MTPA) by FY2023-24 when the production is expected to scale up significantly
JSW e-com biz JSW One Platforms starts fulfillment ops in Tamil Nadu. JSW One MSME, a platform which will offer an e-commerce marketplace for small and medium-size manufacturers, will offers the MSME customers a tech-based marketplace for buying raw materials, others
India's FMCG market grew 12.6% in Sept quarter led mostly by price hikes. Kolkata, Hyderabad, Mumbai and Pune led the growth, Volume growth was muted at 1.2%
Shriram Group draws up succession plan via trust route, forms mgt board. The Group's promotership has been transferred to Shriram Ownership Trust, whose new four-member board of management will run the group's business
Infosys to transfer Daimler's HPC workloads to green data centre in Norway. Infosys said it will transfer Daimler's HPC workloads used to design vehicles and automated driving technologies to one of Europe's greenest data centres, Lefdal Mine Datacenter in Norway.
Indian PSUs ink pact with Russian firm for supply of fertilisers in FY22. As many as 4 Indian public sector undertakings have inked a long-term pact with Russian firm Phos Agro for supply of five types of fertilisers including DAP in the current fiscal year, govt said
All you need to know about Parag Agrawal, the new India-born Twitter CEO. For Parag Agrawal, the IIT Bombay alumnus who has succeeded Jack Dorsey as the Twitter CEO, one of the biggest tasks at hand would be content moderation
Companies bullish on their hiring plans this quarter, says report. Due to businesses re-pivoting and refocusing their strategies to better meet customer and market wants, the workforce requirement is slated to increase: Report
Air India pilots warn of industrial action if pay cut not restored. The unions, which have been pressing for restoration of salary cuts, have cited resumption of scheduled international flights and rollback of pay cuts by other airlines to justify their demand.
Pee Safe plans to launch more than 50 retail outlets over next 12 months. The stores being planned will be franchise-owned brand exclusive stores (FOFO) and the time frame is 12 months
6 out of 10 companies adopted WFH policy post Covid relaxations: Survey. Over 65 per cent of the employers have either introduced 'work from home' as a policy or are evaluating the same reflecting a maturity and the confidence in their employees: Survey
Supreme Court agrees to hear YES Bank-Dish TV dispute on Tuesday. The SC will hear the petition on Tuesday even as Dish TV shareholders meeting has been postponed by a month which was scheduled on Tuesday
TCS takes its digital workforce learning to Swiss Re, other clients. The company recently signed a deal with Swiss Re to help the latter build a more social and open digital workspace leveraging the cloud
SC grants two weeks to Amazon to put its case before CCI in Future dispute. An SC bench said it would not go into merits of the case and would rather like to give some more time, over and above the time granted by Delhi HC, to the US firm to put forth its case before the CCI
Govt sells Central Electronics to Nandal Finance and Leasing for Rs 210 cr. This is the second strategic stake sale by the government after Air India
SC gives two more weeks to CCI to decide complaint on Amazon-Future deal. Three-judge bench gives direction in Amazon's SLP against Delhi High Court order directing CCI to take a decision on show cause notice issued by it to Amazon in 10 days
IPO-bound India1 Payments installs 10,000 white-label ATMs. The IPO-bound India1 Payments, promoted by the Banktech Group of Australia and formerly known as BTI Payments, has said that it has crossed a milestone of deploying 10,000-white-lable ATMs
Indiamart Intermesh acquires stake in M1xchange for Rs 32.4 crore. B2B e-commerce firm Indiamart Intermesh has acquired a stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore, the fintech firm said on Monday. Indiamart has earlier announced a deal to acquire 7.7 per cent in M1xchange for
HAL to manufacture first four light utility helicopters by 2022-23: Govt. Out of the initial quota of four choppers, two each will go to the Indian Army and the Indian Air Force
RBI imposes penalty of Rs 1 crore on Union Bank of India. This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, says RBI
PNB to pick up 9.5% stake in Open Network for Digital Commerce Ltd. Open Network for Digital Commerce (ONDC) Ltd is being established with a mandate to develop an open network for digital commerce
CIL's FY22 interim dividend of Rs 9/share to enrich govt by Rs 3,667 cr. The Maharatna PSU announced a 90 per cent interim dividend for FY22
Hindujas top rich British Asians' list, wealth rises £2.5 billion. No Covid-induced gloom as British-Asian businesses record over 20% rise in combined wealth in 2021
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