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NSE share market NEWS tomorrow (27 October, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (27 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 October 2021

Iifl Holdings was amongst the top gainers, currently trading at 320.65 in NSE with 3.737 times change in volumes and 4.993% change in price. Other gainers included Himachal Futuristic with 4.873% price change and 1.705 times volumes, Union Bank with 4.767% price change and 1.572 times volumes, Godrej Consumer with 4.761% price change and 4.848 times volumes, and Asian Paints with 4.204% price change and 2.319 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.

Axis Bank was amongst the top losers, currently trading at 787.50 in NSE with 2.361 times change in volumes and -6.462% change in price. Other losers included Pnb Housing with -4.876% price change and 1.348 times volumes, Bajaj Finance with -4.755% price change and 1.874 times volumes, Vedanta with -4.598% price change and 1.166 times volumes, and National Aluminium with -4.588% price change and 1.027 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.

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

Antitrust regulator CCI raids liquor firms in price fixing probe: Report. India has strict regulations for the alcohol sector. Most states individually regulate alcohol pricing and the companies need to submit and get prices approved every year by the local authorities.

Airtel CEO warns cyber-fraud cases are becoming 'alarmingly frequent'. Common instances of fraud include fake UPI handles and websites and fake OTPs

Textile maker Arvind posts Rs 71 crore net profit for September quarter. Leading textile manufacturer Arvind Ltd on Wednesday reported a consolidated net profit of Rs 71.06 crore for the second quarter ended September 2021, helped by volume growth across segments. The company had posted a net loss of Rs 5.86 crore during the co

Volume, export growth help Arvind Ltd post Rs 71 crore Q2 PAT. Firm had posted a loss of nearly Rs 6 cr in the year-ago quarter

Government receives Rs 6,665 crore dividend from BPCL for FY21. The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, DIPAM Secretary said on Wednesday. "Govt received final dividend of Rs 6,665 crore from BPCL for the FY

Indian Overseas Bank second quarter profit jumps to Rs 376 cr. Gross NPAs stood at 10.66 per cent (Rs 15,666 crore), down from 13.04 per cent (Rs 17,660 crore)

Indian Overseas Bank net profit up 154% to Rs 376 crore in Q2. Total income down marginally by 1% to Rs 5,376 crore; asset quality shows signs of improvement

IIFL Finance reports 37% rise in second quarter profit at Rs 291.6 cr. The non-banking finance company said it has made an aggressive bet on growth, with an almost 15 per cent net increase in manpower strength in the last quarter

Adani Ports second quarter net profit falls 30.5% to Rs 968.34 crore. The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,393.69 crore in the same period a year earlier

Larsen & Toubro second quarter profit declines 67% to Rs 1,819 crore. Larsen & Toubro (L&T) on Wednesday reported 67 per cent drop in consolidated net profit at Rs 1,819.45 crore for the quarter ended September 30, 2021. The company had posted a net profit of Rs 5,520.27 crore in the year-ago period, L&T said in a filing to

United Spirits second quarter profit jumps two-fold to Rs 286 crore. During the quarter, USL's off-trade gained momentum as the second wave of the pandemic started receding, while on-trade continues to gradually recover with the easing of restrictions

Adani Ports abandons plans to build container terminal in Myanmar. The company is expected to fully exit the investment in the strife-torn south Asian nation between March and June next year

IndusInd Bank second quarter net profit jumps 73% to Rs 1,147 crore. Bank's provisions for bad loans and contingencies fell to Rs 1,703.36 crore for the quarter from Rs 1,964.44 crore reserved for the year-ago period

Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here. The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders

DeHaat raises 5 million in Series D from Sofina, Lightrock and Temasek. DeHaat's services include distribution of high-quality agricultural inputs, customised farm advisory, access to financial services, and market linkages for selling their produce

Gautam Adani meets Sri Lankan President Rajapaksa, eyes green investments. Experts see firm's WCT deal as India's move to contain China in the region

Microsoft results bolstered by pandemic cloud computing and gaming. Revenue growth for Azure, the company's flagship cloud-computing business, came in at 48% in constant currency to beat analysts' estimates of 47.5%

Visa beats quarterly profit estimates on travel, online spending boom. Total cross-border volume rose 38% on a constant dollar basis from a year earlier

Twitter avoids revenue hit from Apple privacy changes; stock up 3%. Advertising revenue was .14 billion during the quarter ended Sept. 30, in line with consensus estimates

Alphabet beats sales estimates, posts record profit on Google ad surge. Google advertising revenue rose 41% to .1 billion during the third quarter

BP-Reliance joint venture starts selling multiple fuels in India. BP has 49% stake in the joint venture

RPSG Ventures the only listed entity in Sanjiv Goenka's IPL gambit. Lucknow Franchise will be owned and run by the company along with private/unlisted companies of RP-SG Group, through a newly incorporated entity

Kotak Mahindra AMC gets relief from SAT; tribunal partly stays Sebi order. Sebi, in August, had asked the AMC to refund a part of the investment management and advisory fees collected from the unit holders of the six Fixed Maturity Plan (FMP) schemes

Ambuja Cements third quarter net profit up 10.9% at Rs 891 crore. Over the outlook, Ambuja Cements said, domestic activity in India is on an improving trend with the reduction in COVID-19 cases and supported by the increased pace of vaccinations.

Bajaj Finance Q2 consolidated net profit jumps 53% to Rs 1,481 crore. Interest income grew by 16 per cent to Rs 6,687 crore from Rs 5,763 crore

E-commerce firms receive 202 notices for violating country of origin norm. The Union government on Tuesday said it has issued 202 notices to e-commerce players for incorrect declaration of 'country of origin' on products on their platforms in the last one year.

Birlasoft second quarter net profit surges 49.2% to Rs 103.1 cr. Revenue from operations grew 18 per cent to Rs 1,011.7 crore

Torrent Pharma Q2 PAT up just 2% to Rs 316 cr on drop in US sales. Overall revenues up 6% YoY, while those in US dropped by as much as 13%

Sanofi India net profit at Rs 530 crore in September quarter. The company's revenue from operations rose to Rs 754.5 crore as compared to Rs 686.6 crore in the year-ago period

HPL Electric bags Rs 179-crore order for supplying smart meters. HPL Electric & Power on Tuesday said it has won an order worth Rs 178.9 crore for supplying smart meters. The order has been received from the largest private utility of a state in eastern India, it said in a BSE filing. This further strengthens HPL Electr

Bus ticketing startup Chalo acquires Covid-hit Shuttl in all-cash deal. Chalo and Shuttl have a presence in 33 cities across 12 Indian states including Delhi NCR, Karnataka, Kerala and others

Cipla posts 7% year-on-year rise in Q2 PAT, riding on 10% revenue growth. Sequentially, however, the company has posted muted growth-revenue growth of 0.3%, and a PAT decline of 0.5%. Ebitda dipped sequentially too, by 9%

Hydro power giant NHPC pays Rs 249 crore dividend to government for 2020-21. State-owned hydro power giant NHPC has paid the final dividend of Rs 249.44 crore to the government for 2020-21. NHPC has paid a final dividend of Rs 249.44 Crore to the Government of India for 2020-21 on October 21, a power ministry statement said. Accord

IRB Infra logs Rs 42 cr profit in Jul-Sept, raises Rs 5,347 cr from 2 funds. IRB Infrastructure Developers on Tuesday reported a consolidated net profit of Rs 42 crore for the second quarter ended on September 30

Tech major Cisco unveils new features for enriching Webex experience. Tech major Cisco on Tuesday announced the launch of Webex Hologram, along with new features like Webex interoperability with platforms like Zoom and Microsoft Teams

Dr Lal PathLabs Q2 net up 11% at Rs 96 cr; to acquire Suburban Diagnostics. Diagnostic services provider Dr Lal PathLabs on Tuesday posted a 10.6 per cent increase in its consolidated profit after tax (PAT) at Rs 96.3 crore for the second quarter ended September 30

IRB Infrastructure eyes Rs 5,347 crore from GIC, Spain's Ferrovial. This is the largest fundraise by a road developer

ABB India net profit rises 40% to Rs 120 crore in September qtr. ABB India on Tuesday posted over 40 per cent jump in its net profit at Rs 120 crore for the September quarter, mainly on the back of higher revenues

CG Foods to acquire Gallina Blanca's Russia and CIS businesses. CG Foods, maker of popular noodles Wai Wai, on Tuesday said it has signed a deal to acquire the Russia and CIS businesses of Spain-based GBfoods. The financial details of the transaction were not disclosed. A binding agreement has been signed with GBfoods,

PVR Cinemas forays into cleaning and disinfection services business. The country's largest film exhibitor PVR Cinemas on Tuesday announced its foray into the customised cleaning and disinfecting services business under its newly-launched vertical V-Pristine.

Zensar Technologies net profit rises 7.5% to Rs 94.4cr in Sep quarter. Zensar Technologies on Tuesday reported a 7.5 per cent rise in net profit to Rs 94.4 crore for the second quarter ended on September 30, 2021. It had posted a profit of Rs 87.8 crore in the year-ago period, Zensar Technologies said in a statement. The comp

Axis Bank profit jumps 86% to Rs 3,133 crore in September quarter. Strong fee income, fall in provisions boost bottom line

Persistent Systems Q2 net profit jumps 58.6% to Rs 161.7 crore. Tech firm Persistent Systems on Tuesday reported a 58.6 per cent rise in consolidated net profit to Rs 161.7 crore for the September 2021 quarter. The company had registered a profit of Rs 101.9 crore in the year-ago period, it said in a statement. Revenue

Bharti-backed OneWeb, Neom Tech form 0 mn JV for satellite network. The joint venture firm will see the deployment of OneWeb's Low Earth Orbit (LEO) satellite constellation to provide connectivity to enable Neom's ecosystem of cognitive technologies.

Smart World Developers to invest Rs 3,000 cr in 2 Gurugram projects. The company plans to launch two housing projects during this month after getting the necessary regulatory approvals

Subhash Chandra battles to retain control of his bn media empire. The 70-year-old tycoon, known for his distinctive black-and-silver hairstyle, risks losing control of his media empire

Apollo Tyres eyes becoming bn firm by 2026 as auto mkt, exports improve. Tyre manufacturers in India are expected to be the key beneficiaries of an upturn in the world's fifth largest automobile market

S&P upgrades Manappuram Finance's long term rating from 'B+' to 'BB-'. S&P expects that Manappuram Finance will continue to perform better than its NBFC peers over the next 12 months

What are in-app purchases? Are free apps really free. Often, we see an app listed as free on App Store or Google Play has something called in-app purchases. What are these in-app purchases? Are they essential or incremental to UI? Here's an explainer

YouTube finally rolls out its latest personalised 'New to you' feed. According to YouTube, the latest feature will help users discover new creators and content beyond the recommended videos they usually see.

Glenmark launches unique fixed dose combination drug for diabetes. Glenmark said it has become the first company in the world to launch the fixed dose combination drug in India

Canara Bank net profit jumps over two times to Rs 1,333 cr in Sep qtr. State-run Canara Bank on Tuesday reported over two-fold jump in its net profit at Rs 1,332.61 crore in second quarter ended September of this fiscal. The bank had posted net profit of Rs 444.41 crore in the same period of the previous fiscal year. Total in

Snapdeal strengthens board with two additions ahead of its Rs 3,000 cr IPO. Zomato Chairman Kaushik Dutta and MD-CEO for ESG Stewardship Services at ECube Investment Advisors inducted

Zee Entertainment cancels board meeting on quarterly results. The media company has been embroiled in a legal dispute regarding a board revamp and management changes with two Invesco-controlled funds

Canara Bank Q2 net triples to Rs 1,333 cr on surge in non-interest income. NII shrinks 0.5% to Rs 6,273 cr; asset quality profile is broadly stable

All UPI money transfers, offline, online payments on PhonePe are free. The company said that PhonePe does not charge for these transactions, and will not be doing so in the future also.

ITC Q2 preview: Analysts see 13% YoY revenue jump; high costs may hit PAT. On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent on the BSE during the quarter under review, as against around 13 per cent gain in the benchmark S&P BSE Sensex

Bombay HC grants injunction in favour of Zee in dispute with Invesco. Zee had said it was unwilling to hold an extraordinary general meeting of shareholders as requested by Invesco, its largest shareholder.

Kotak Mahindra Bank's consolidated net profit up 1.4% YoY in Q2. On a standalone basis, the lender's net profit is down 7% YoY

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NSE share market NEWS tomorrow (27 October, 2021). NSE stocks in NEWS (tomorrow)

 

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