NSE share market NEWS tomorrow (28 October, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 October 2021
Sona Blw was amongst the top gainers, currently trading at 668.40 in NSE with 4.378 times change in volumes and 8.674% change in price. Other gainers included Abb India with 5.53% price change and 2.561 times volumes, Tvs Motor with 4.17% price change and 5.367 times volumes, Indusind Bank with 2.928% price change and 3.978 times volumes, and Amber Enterprises with 2.605% price change and 3.005 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.
Indian Rail was amongst the top losers, currently trading at 913.50 in NSE with 11.066 times change in volumes and -77.882% change in price. Other losers included Adani Enterprises with -10.724% price change and 3.344 times volumes, Punjab National with -10.691% price change and 2.877 times volumes, Indian Bank with -7.997% price change and 1.139 times volumes, and Adani Ports with -7.743% price change and 5.593 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.
Adani Green's profit jumps six fold to Rs 100 cr in Q2FY22. Total income doubles, energy sales up 54% to nearly four billion units
SC denies Rs 923-crore refund to Bharti Airtel, quashes HC order. The telecom operator claimed that it had paid an excess GST for July-September, 2017 and wanted to rectify its relevant returns for that period to get the refund
Marico posts 16% growth in second quarter profit at Rs 316 crore. The company said its foods franchise is on course to reach the Rs 500 crore mark in FY22
RBL Bank's Sept qtr net drops 79% YoY to Rs 31 cr on higher provisions. NII was down 2% to Rs 915 crore, but other income rose 42% to Rs 593 crore, taking the lender's total income to Rs 1,508 crore, up 12% YoY
NTPC profit rises 6% to Rs 3,691 crore in September quarter. The average tariff of the company stood at Rs 3.82 per unit during April to September this fiscal. It was at Rs 3.86 per unit in same period a year ago.
Indian Bank reports second quarter net profit at Rs 1,089.17 crore. Gross NPA (non-performing asset) was at 9.56 per cent of gross advances as on September 2021 brought down by 33 basis points year on year
IRCTC to share 50% revenue from convenience fee with Indian Railways. The revenue-sharing arrangement would be enforced from November 1, IRCTC said in a regulatory filing on October 28, along with other details.
Motilal Oswal posts highest-ever quarterly profit of Rs 536 crore. The profit was 81 per cent higher compared to same period of last year. Consolidated revenues grew by 46 per cent to Rs 1,094 crore
Paytm pegs IPO at bn valuation, Vijay Sharma says life to become QSQT. Paytm plans to have "100 per cent flexible" working for its employees "for good", according to Sharma
DLF Q2 net profit jumps 66% to Rs 378 cr; sales bookings up 77%. According to the company, with increasing volumes and well calibrated price hikes, it expects further margin expansion for its projects
JM Financial's Sept quarter net up 25% on surge in share sale fee income. The company posted a net profit of Rs 174.43 crore in the three-month period, compared with Rs 139.06 crore in the same period of last year.
Adani Total Gas second quarter profit up 17% on higher gas sales. Revenue from operations was up 56 per cent at Rs 687 crore.
IndiGo Q2 results: Loss widens 20% to Rs 1,435 cr on rising crude oil. Expects strong traffic but high fuel prices cloud revenue recovery
Coca-Cola logs 6% unit case volume growth on better sales in India, others. India is one of the leading markets for Coca-Cola
SC allows new board of Unitech to appoint PMCs to complete stalled projects. The new board of Unitech has earlier told the court currently there are 74 (residential) and 10 (Commercial) under-construction projects
Tata Cha to be moved from Tata Consumer Products to IHCL subsidiary. This will enable Tata Consumer Products to better focus on its core FMCG business, the company said
Avanti Finance raises mn in Series A from Oikocredit, Gates Foundation. Avanti will use the funds to strengthen its deep tech platform, bolster data science, enhance its product suite
AU Small Finance Bank Q2 net profit falls to Rs 279 crore. AU Small Finance Bank on Thursday reported 13 per cent decline in net profit at Rs 279 crore for September quarter 2021-22 due to rise in bad loans. The lender had posted a net profit of Rs 322 crore for the year-ago period. However, the bank said the net
CarTrade posts consolidated net loss of Rs 35.35 cr in September qtr. Multi-channel automobile buying and selling platform CarTrade Tech Ltd on Thursday reported a consolidated net loss of Rs 35.35 crore for the second quarter ended September 30, 2021
Motilal Oswal logs best-ever quarterly net profit at Rs 536 crore. Motilal Oswal Financial Services on Thursday reported Rs 536 crore in consolidated net profit for the quarter to September, a full 81 per cent growth year-on-year and the highest ever quarterly profit
UCO Bank logs multifold jump in Q2 net profit at Rs 205 crore. UCO Bank on Thursday reported a multifold jump in net profit at Rs 205.39 crore for the second quarter ended September 2021 as bad loans fell. The Kolkata-headquartered public sector lender had registered a net profit of Rs 30.12 crore in the year-ago peri
Blue Star net profit jumps two-fold to Rs 31.45 crore in September qtr. Air conditioning and commercial refrigeration firm Blue Star on Thursday reported over two-fold jump in consolidated net profit to Rs 31.45 crore for the second quarter ended September 30
We trust India, Bharat Bio submitting data on EUL of Covaxin regularly: WHO. WHO official says the organisation is in touch with Bharat Biotech and has 'daily conversations' 'clarifying what additional data needs' to be submitted
Westlife Development reports narrowing of Q2 net loss at Rs 4 cr. Westlife Development Ltd owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for West and South India
Bombay HC quashes cheating proceedings initiated against Amazon India head. The HC on Thursday quashed a criminal complaint and summons issued to Amazon India's head Amit Agarwal by a magistrate's court, following a complaint of cheating filed by a city-based lawyer
RBL Bank Q2 net profit plummets 78% as asset quality slides. RBL Bank on Thursday reported a 78 per cent decline in its September quarter net profit at Rs 31 crore on a jump in asset quality issues but guided towards a better second half with better ratios.
Airtel Africa Q2 net profit more than doubles to 2 million. Airtel Africa profit after tax more than doubled to USD 192 million in the second quarter ended September 30, but concerns around COVID-19 remain
Telecom gear maker Nokia's sales in India fall 6% in September quarter. Telecom gear maker Nokia on Thursday posted a six per cent decline in sales in India at 251 million euros in the third quarter of 2021.
Reliance Jio pays Rs 10,792-crore spectrum dues to DoT. Bharti Airtel has already decided to opt for a four-year moratorium on spectrum and adjusted gross revenue dues payable to the government
Mahindra Finance Q2 net jumps over three-fold to Rs 1,103 crore. Mahindra & Mahindra Financial Services (Mahindra Finance) on Thursday reported an over three-fold rise in consolidated net profit at Rs 1,103 crore for the September quarter, boosted by healthy operating performance and reversal of impairment cost. The com
Karnataka Bank's net profit up 5% at Rs 126 crore in September qtr. Private sector Karnataka Bank on Thursday reported a moderate rise of 5.17 per cent in its net profit at Rs 125.61 crore in the second quarter ended September 2021.
Why is TCS' share in listed Tata group firms declining so rapidly?. The combined m-cap of all listed Tata firms, excluding TCS, has shot up by 102% this year. This report examines how the fortunes of the Tata group companies are turning around under N Chandrasekaran
Samsung Electronics logs record sales, 2nd-highest operating profit in Q3. Samsung on Thursday reported strong third-quarter earnings
SC permits NTA to declare NEET results for admissions in UG medical courses. We stay the high court judgement. The National Testing Agency can announce the results, the bench said after taking note of the submissions of Solicitor General Tushar Mehta, who represented the NTA.
Less than 1% of companies went for restructuring under second offer: Crisil. Rating agency says tepid response despite second wave reflects positive turn in demand outlook, and anxiety about negative stakeholder perception of restructured firms
Lovelocal raises mn in pre-series B round led by Vulcan Capital. LoveLocal, which has grown 40x since inception is changing how India shops by empowering local retailers and is digitising the .1 trillion unorganised retail market
Bajaj Finserv posts 14% rise in net profit at Rs 1,122 crore in Q2. New loans booked during the quarter under review were 6.33 million (63.3 lakh) as against 4.63 million (46.3 lakh) in Q1 FY22
Cognizant expects to make offers to 45,000 new graduates in India in Q4. IT companies like Infosys and Wipro are witnessing high attrition numbers
Drip Capital raises 5 mn to enter new markets like South Asia, LatAm. Funds raised include mn in Series C and 5 mn in warehouse debt. With this, Drip Capital has raised 5 mn in all via equity and debt
Consumer electricals firm V-Guard Q2 net up by 15% to Rs 59 crore. Consolidated net revenue from operations was Rs 907.40 crore, up 46% from a year ago. Firm says a spike in input costs partly impacted gross margins
Flipkart, Moj tie up to take video, live commerce to next 200 mn customers. The collaboration also incentivises content creators in the Moj ecosystem by enabling new commerce-led revenue streams to deepen socio-economic impact
PayU launches 'PayU Token Hub' to help businesses comply with RBI norms. Solution has been built by PayU and Wibmo, a PayU-owned full stack global PayTech firm, in partnership with major card networks such as Visa and MasterCard, and top issuing banks
Business leaders feel pressured to offer more flexibility post-Covid: Study. A significant percentage of business leaders in India are actively creating new workplace policies that give employees more agency over how they work and where they work from, says a LinkedIn study
WhiteHat Jr's music lessons for all ages; customised course for 18-plus set. Pandemic has shown how music can uplift one's health and wellbeing, help bond with others and offer several cognitive benefits for older adults, says the company
Adani Green Energy Q2 profit jumps nearly six-fold to Rs 100 crore. Solar energy sales grew by 41 per cent
UCO Bank logs multi-fold jump in second quarter profit at Rs 205 cr. The bank improved on its bad assets significantly
IndiGo parent posts wider quarterly loss as airline's fuel expenses soar. Fuel expenses in the quarter soared 207.8 per cent.
Tata Motors unveils 21 commercial vehicles for cargo, passenger verticals. Tata Motors on Thursday unveiled 21 new commercial vehicles, including trucks and buses, to cater to evolving needs of cargo and people transport across segments. The company has unveiled seven products in the medium and heavy commercial vehicles (M&HCV) s
Tata Power second quarter net profit jumps 36% to Rs 506 crore. The company's focus continues to remain towards the expansion of its Renewable and Distribution businesses and go green strategy in the existing generation business
Happiest Minds Technologies second quarter profit up 30% to Rs 44 cr. The IT company had posted a net profit of Rs 34.08 crore in the year-ago period
IndBank Q2 net up 164% to Rs 1,089 cr on surge in other income, recoveries. Gross NPAs come down to 9.56% form 9.89% a year ago; advances up 5%
File response by November 15, NCLT tells Dish TV. Yes Bank owns 26 per cent stake in Dish TV while the promoters Jawahar Goel and family own 6 per cent stake.
Adani Enterprises profit drops 55% to Rs 195 crore in Sept quarter. Adani Enterprises Ltd (AEL) on Wednesday reported a 55.3 per cent decline in consolidated profit at Rs 194.54 crore for the quarter ended September, hit by higher expenses
Airtel garners over Rs 5,200 cr from first round of payment in rights issue. This implies that Airtel has raised an estimated Rs 5,243 crore from the initial tranche
Nykaa raises Rs 2,396 crore from anchor investors ahead of IPO. The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore
Ford Motor posts stronger-than-expected profit, raises full-year forecast. Ford's net income was .8 billion, down from .4 billion a year earlier
Facebook asks employees to preserve internal documents for legal inquiries. The increased scrutiny comes after Frances Haugen leaked documents which she said showed the company chose profit over user safety
EBay revenue outlook disappoints as pandemic-led boom fades. The company reported a 5% decline in the number of active buyers on its marketplace in the third quarter
Hyperlocal ecommerce start-up LoveLocal raises mn in pre-Series B round. The company claimed that this is the largest round ever raised by a solo woman tech founder in India
Mid-sized IT firm Virtusa Corp ropes in three new senior leaders. Samir Dhir named CEO-Global Markets and Industries, a new role; Amit Bajoria is new CFO and Ram Meenakshisundaram has been appointed as CTO
Adani Ports to exit Myanmar investment by June next year. Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has decided to exit its investment in Myanmar by June next year.
Bajaj Auto second quarter after-tax profit rises 71% to Rs 2,040 crore. Exports of two-wheelers stood at 5,41,767 units as compared to 4,14,271 units in the second quarter last fiscal, a growth of 31 per cent
Covid vaccine glass tubing maker SCHOTT invest 70 mn euro in Gujarat plant. According to the company, almost 95 per cent of Covid-19 vaccines in India are packed in glass tubing made by SCHOTT at its plant in Jambusar, Gujarat
Dalmia Bharat second quarter profit down 10% to Rs 209 crore. Shares of Dalmia Bharat on Wednesday settled at Rs 1,960.45 apiece on BSE, up 1 per cent from the previous close
Titan's Q2 net zooms over 270% to Rs 641 crore on demand recovery. With jewellery division doing exceeding well, and other divisions swiftly bouncing back to pre-pandemic levels, total income for the quarter was Rs 7,220 crore, including bullion sale of Rs. 192 crore
Axis Bank to elevate Rajiv Anand as Deputy Managing Director. Anand, an Executive Director in charge of wholesale banking at present, has been with the Axis Group for 12 years
Realty firm Hines, DNR group to invest Rs 650 crore in Bengaluru project. The project is located on a 4-acre commercial site owned by DNR Group in Yeshwanthpur
Tata Chemicals' Q2 net profit jumps 88% on rebound in soda ash volumes. Tata Chemicals Ltd posted an 88 per cent jump in its consolidated net profit to Rs 248 crore in second quarter of the FY2021-22, mainly due to a rebound in soda ash volumes in the US and India.
Google India Digital Services' net profit rises 62% to Rs 53 cr in 2020-21. Google India Digital Services has seen its net profit rise about 62 per cent to Rs 53.22 crore, even as its revenue from operations fell two per cent to Rs 1,497.6 crore in 2020-21
IndusInd Bank Q2 net up 73% to Rs 1,147 cr on steady rise in NII, fees. Net Interest Income up 12% YoY, but Net Interest Margin dipped by nine bps
Poonawalla Fincorp's net profit jumps 153% to Rs 96 cr in Sept quarter. Poonawalla Fincorp on Wednesday reported a 153 per cent jump in its consolidated net profit to Rs 96 crore in the quarter ended September 2021.
JK Paper Q2 net profit jumps over three-fold to Rs 118 crore. JK Paper Ltd on Wednesday reported an over three-fold jump in consolidated net profit at Rs 118.38 crore for the second quarter ended September 2021 on back of higher volumes and better realisation
Fintech software provider Hypto raises mn from Stellaris, 3one4 Capital. The platform has processed over 55 million transactions totalling over billion and currently works with over 10 banks
Bajaj Auto's Q2 net rises 12% on strong exports, beats estimates. Higher input costs drag margins down to 16.4%
L&T Q2 results: Consolidated PAT falls 67% YoY to Rs 1,819 crore. Exceptional income in year-ago quarter pulled down profit
ITC Q2 consolidated net profit rises 10.09% to Rs 3,763.73 crore. ITC Ltd on Wednesday reported a 10.09 per cent increase in its consolidated net profit to Rs 3,763.73 crore for the second quarter ended in September 2021
eGov Foundation partners with J-PAL S Asia to improve govt service delivery. Under this partnership, eGov will facilitate access to administrative data that can be used by J-PAL affiliated researchers to design and evaluate policy programs
Future asks Delhi court to quash Singapore panel's block on asset sale. Amazon has mounted legal challenges against Future's planned asset sale to market leader Reliance Industries since last year, accusing the company of violating certain contracts by doing so
ITC consolidated PAT up 10% to Rs 3,763 crore in September quarter. Revenues from operations were at Rs 14,844.38 crore, up by 12.90 per cent from Rs 13,147.81 crore in the same period last year.
Maruti Suzuki Q2 net profit skids 65% to Rs 475 cr as chip shortage hurts. MSIL Chairman R C Bhargava said at 80.4 per cent of net sales, material costs stood at an all-time high at the end of the September quarter
Poonawalla Fincorp consolidated net profit up 151% in Sept quarter. Its total income on consolidated basis fell to Rs 512.57 crore in Q2FY22 from Rs 602.64 crore in Q2FY21
Welspun India Q2 consolidated net profit up 7.2% at Rs 201.50 crore. Home textiles major Welspun India Ltd on Wednesday reported a 7.23 per cent rise in its consolidated net profit to Rs 201.50 crore for the second quarter ended September 30
Reliance General Insurance Q2 net profit rises 18% to Rs 73 crore. Reliance General Insurance Company Ltd (RGI) on Wednesday reported an 18 per cent rise in net profit at Rs 73.34 crore for the quarter ended September 2021. The insurer had posted a net profit of Rs 62.19 crore in the same quarter a year ago. However, the
Shriram City Union Finance Q2 net profit up 10% at Rs 302 crore. Shriram City Union Finance on Wednesday reported a 9.8 per cent increase in its consolidated net profit to Rs 302 crore in the second quarter ended September
Paytm parent firm to price IPO at Rs 18,300 crore, reveals RHP. Paytm's IPO will be the largest market debut in India yet. It increased its IPO issue size from the earlier Rs 16,600 crore due to increased investor demand
Nykaa raises Rs 2,395.84 cr in anchor book allocation ahead of IPO. The beauty startup's Rs 5,300-crore IPO opens for subscription on Thursday
Will 'Facebook papers' be final nudge for social media regulations?. The Facebook papers show Facebook should have done a lot more to curb the spread of hate and violence around the world. Will it be the final nudge for bringing in regulations for social media?
Dixon CMD Interview: Sunil Vachani on how PLI scheme can be a gamechanger. In this exclusive interview, Dixon Technologies CMD Sunil Vachani talks about what his company wants to achieve through the PLI scheme, its planned investments and acquisitions, besides much else
Decoded: What are the various types of start-up investors?. You hear about various kinds of fundraising - angel investments, series A, B, C, and more. And then there also are incubators, accelerators, PE-VC investors, etc. How do these differ from one another?
Some airlines risk failure if they do not cut emissions faster. Several companies, such as HSBC Holdings plc, Zurich Insurance Group Ltd, Bain & Company and S&P Global Inc, have already announced plans to quickly cut business travel emissions by as much as 70%.
Microsoft Corp posts .5 bn in profits riding on Cloud, Office biz. Satya Nadella-run Microsoft has posted robust revenue riding on a strong performance on its cloud, server, and Office businesses
Reliance group firm to acquire 49.1 mn shares of Sterling & Wilson Solar. Reliance New Energy Solar will acquire the shares for over Rs 1,840 crore
IndiGo Q2 preview: Loss to widen YoY on high crude oil prices, say analysts. Analysts expect losses for the industry to narrow sequentially supported by higher scale of operations
Invesco vs Zee latest shareholder activist challenge to falter in Asia. Aggressive, no-holds-barred shareholder activism has met with plenty of cultural resistance in Asia
DBS India completes maiden active loan switch ahead of LIBOR transition. In a bid to proactively adapt the new risk-free benchmarks on existing loans and derivatives, DBS Bank India has announced the first active transitioning of an existing loan and derivative to new reference rates.This is a key milestone for DBS and marks th
Truecaller revenue more than doubles in first post-IPO earnings report. Truecaller's revenue rose to 312.8 million Swedish crowns (.48 million) from 136.5 million crowns a year earlier
Swiss Re to invest Rs 920 cr for 23% stake in Paytm's insurance initiative. Paytm Insuretech plans to leverage Paytm's customer base and merchant ecosystem to develop innovative insurance products and solutions
Policybazaar IPO: SoftBank to sell 20% of its stake worth Rs 1,875 crore. The Japanese venture fund currently has a 13 per cent stake in the IPO-bound company
Maruti Suzuki profit slides as chip shortage slams production. An estimated 116,000 vehicles could not be produced due to the electronics component shortage
Maruti Suzuki Q2 profit falls 65% YoY to Rs 475 cr amid high inputs costs. Ebitda margin, too, shrank 610 basis points to 4.2 per cent from 10.3 per cent YoY
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