NSE share market NEWS tomorrow (26 October, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (26 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 October 2021
Kei Industries was amongst the top gainers, currently trading at 965.35 in NSE with 4.949 times change in volumes and 19.142% change in price. Other gainers included Macrotech Developers with 9.472% price change and 1.307 times volumes, Idfc First with 7.092% price change and 2.607 times volumes, Dixon Techno with 6.829% price change and 1.413 times volumes, and Amber Enterprises with 6.749% price change and 1.073 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.
Torrent Pharmaceuticals was amongst the top losers, currently trading at 2944.25 in NSE with 1.248 times change in volumes and -4.531% change in price. Other losers included Canara Bank with -4.258% price change and 2.001 times volumes, Nhpc with -2.778% price change and 1.144 times volumes, Rail Vikas with -2.71% price change and 1.487 times volumes, and Indus Towers with -2.461% price change and 2.657 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.
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
Bharti Airtel, Vodafone Idea penalty case: TDSAT says no hearing on Tuesday. The telecom tribunal TDSAT did not hear any matter listed before it for Tuesday, including the Rs 3,050-crore cumulative penalty case of Bharti Airtel and Vodafone Idea. "All concerned are hereby informed that the Hon'ble Tribunal would not sit today i.e.
Mahindra Lifespace Q2 profit at Rs 13 cr; revenue up 76% at Rs 65.7 cr. Realty firm Mahindra Lifespace Developers Ltd on Tuesday reported a consolidated net profit of Rs 13.23 crore for the quarter ended September on rise in total income. The company, which is a part of the Mahindra group, had posted a net loss of Rs 13.48 cro
RIL-bp launch their first co-branded petrol pump in Navi Mumbai. Will offer 'additivised fuel' at no extra cost; existing network of over 1,400 fuel pumps will be rebranded as Jio-bp
BharatPe approaches Delhi HC against PhonePe's over multiple registrations. The Delhi-based firm has filed six cancellation actions against multiple registrations held by its rival PhonePe.
Relief for Zee Entertainment founders as HC restrains EGM called by Invesco. With this, proceedings at NCLT, initiated by Invesco, will become infructuous, say lawyers. Invesco can, however, move Supreme Court
Axis Bank second quarter net profit rises 86% to Rs 3,133 crore. Private sector Axis Bank on Tuesday reported an over 86 per cent jump in its standalone net profit at Rs 3,133.32 crore in the second quarter ended September 2021. The bank had posted a net profit of Rs 1,682.67 crore during the same period of the previous
Jindal Stainless second quarter net profit grows 5-fold to Rs 412 cr. Demand from all major end-use segments like process industry, pipe and tube, railways and wagons, and metro rail grew during the quarter
Central Bank of India second quarter net profit jumps 55% to Rs 250 cr. Public sector Central Bank of India on Tuesday reported an over 55 per cent jump in net profit at Rs 250 crore for the quarter ended September. The lender had posted a net profit of Rs 161 crore during the same quarter of the previous fiscal. However, tota
RP-Sanjiv Goenka Group, Irelia win bid for two new IPL T20 teams. A key reason for the IPL teams to be an attractive business proposition has been the huge increase in central revenues
Facebook forecasts Q4 revenue below estimates as Apple's privacy rules bite. The company expects fourth-quarter revenue to be in a range of .5 billion to billion
AIG names new CFO with life and retirement unit split under way. Fitzsimons joined AIG in July 2019 and was most recently serving as the insurer's chief administrative officer
PayPal says it is currently not pursuing Pinterest acquisition. Some analysts now think Pinterest could attract interest from other bidders down the road
Three FIIs jointly acquire 2.64% stake in telecom equipment maker HFCL. HFCL, an eligible player in the production-linked incentive scheme for telecom products, had recently informed the stock exchange that it would be raising Rs 750 crore
New IPL teams: CVC Capital wins bid for Ahmedabad, RPSG Group gets Lucknow. The BCCI was hoping for a cumulative bid in the range of Rs 10,000 cr but to their surprise, earned Rs 7,090 cr from Goenka's RPSG Group, while CVC capital forked out Rs 5,625 crore
Biological E's protein sub-unit vaccine roll out likely in November. Firm plans to make a billion annual doses of the vaccine apart from 600 million J&J doses a year
Telecom operators seek six-month extension of 5G trial period. Telecom operators, including Reliance Jio, Bharti Airtel and Vodafone Idea, have asked the Department of Telecom to extend the 5G trial period by six months. In May, the government allocated spectrum to the telecom companies in 700 Mhz band, 3.3-3.6 Gigahe
JioPhone Next 4G smartphone to target 300 mn 2G users, vernacular speakers. JioPhone Next 4G smartphone will enable vernacular speakers to connect with people speaking different regional languages, mainly to target around 30 crore 2G users in the country. The made in India smartphone is likely to be launched before Diwali. JioPhon
Starbucks eyes faster India expansion with new store formats. Starbucks aims to hasten its India expansion with smaller stores and drive-through outlets, the CEO of its local partner said on Monday
Ceat Q2 net profit skids 77% to Rs 42 crore on higher input costs. Tyre maker Ceat Ltd on Monday reported a 77 per cent decline in consolidated net profit at Rs 42.28 crore for the second quarter ended September 30, impacted by higher input costs
CCI clears Phoenix Parentco's acquisition of Parexel International Corp. Competition Commission of India (CCI) on Monday approved acquisition of Parexel International Corporation by Phoenix Parentco Inc
Space tech startup Dhruva raises Rs 22 cr to launch satellite solutions. The firm is gearing up to launch new offerings like Satellite as a Service, Space-Grade Solar Arrays and Ground Station Solutions, both nationally and globally
150 Amrapali home buyers to get flats on Diwali, Supreme Court told. Around 150 flats completed by NBCC in a stalled project since the real estate company ran into trouble will be given to them on the occasion of Diwali, the Supreme Court was informed on Monday
Inox Wind arm inks share purchase agreement to divest stake in six firms. Inox Wind on Monday said its arm has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services.
Budget carrier SpiceJet will launch 28 new domestic flights from Oct 31. Budget carrier SpiceJet on Monday said it will launch 28 new domestic flights from October 31.
Eicher shareholders approve proposal to re-appoint Siddhartha Lal as MD. Eicher Motor shareholders have approved a proposal to re-appoint Siddhartha Lal as the company's managing director for a period of five years with effect from May 1 this year
Siddhartha Lal's reappointment as Eicher Motors MD gets shareholders' nod. The proposal for reappointment was cleared with almost 93.8 per cent of the total 226 million votes casted going in favour of the resolution
Home First Finance Q2 net profit rises 213%, total income up 34%. The total income grew 34 per cent to Rs 146 crore in Q2FY22 from Rs 109 crore a year ago.
Bharti Airtel opts for four-year moratorium on payment of AGR dues. It is learnt that the letter of acceptance was sent by the company to the department of telecommunications (DoT) last week
JioPhone Next smartphone will be powered by Pragati OS: Check details here. The smartphone, developed in partnership with Google, will be rolled out before Diwali after missing its September 10 launch due to global chip shortages
SBI, UCO Bank agree to invest Rs 450 crore in Amrapali projects, SC told. The Supreme Court on Monday was told that the SBI and the UCO Bank have agreed to invest Rs 450 crore in Amrapali projects, but other banks, who were part of a consortium, are delaying the process
Evergrande, EV unit shares jump after chairman signals business shift. Hui Ka Yan says that company would make its new electric vehicle venture its primary business, instead of property, within 10 years.
RIL to press KG-Basin for higher revenues after govt hikes gas price. The KG-D6 asset is enlisted under the Deepwater, Ultra Deepwater, and High Pressure-High Temperature area (collectively called difficult discoveries) category
TVS Motor Company, Bahwan International Group join hands for Iraq market. Building on this partnership, the groups will also explore other avenues of cooperation in Oman and India
O4S raises mn in Series-A funding round led by Think Investments. The company has earlier raised a total of .5 million in different rounds of investments
D2C healthy kitchenware startup The Indus Valley raises .1 million. The Indus Valley provides alternatives to chemically coated kitchenware products
PayPal denies pursuing acquisition of Pinterest after report of bn deal. A source told Reuters that PayPal had offered per share, mostly in stock, for Pinterest.
BharatPe raises Rs 100 crore in debt from MAS Financial Services. This is the eighth round of debt fund raise for the company in 2021. BharatPe has raised over Rs 600 crore (about USD 84 million) in debt this calendar year
Teachmint raises mn in Series B led by Rocketship.vc and Vulcan Capital. New round brings firm's total raise to 8 mn. Funds will be used to strengthen Teachmint's proprietary classroom tech and for global expansion
CSB Bank posts 72% rise in Q2 net profit; asset quality improves. CSB Bank on Monday reported a 72 per cent jump in net profit at Rs 118.57 crore in the second quarter ended September. The Kerala-based private sector lender had reported a net profit of Rs 68.90 crore in the corresponding quarter of the previous fiscal. T
SpiceJet announces launch of 28 new domestic flights. SpiceJet will launch 28 new domestic flights across the country from October 31 onwards, the airline said Monday. It will launch multiple new non-stop flights connecting the tourist hotspots of Jaipur, Jaisalmer, Jodhpur and Udaipur in Rajasthan with key m
Colgate-Palmolive India second quarter profit down 2% to Rs 269 cr. The company posted a net profit of Rs 274.19 crore in July-September period a year ago, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing.
Bharat Forge launches VRS for Mundhwa plant's permanent employees. The company said the VRS is open for permanent eligible employees who have attained 40 years of age and have completed ten years of service.
Tech Mahindra Q2 net profit rises 26% to Rs 1,339 cr. The company also declared special dividend of Rs 15 per equity share of Rs 5 face value
JSW Steel to invest Rs 150 crore to set up steel facility in Kashmir. The planned downstream manufacturing facility of capacity 120,000 tonne per annum will also house special lines to produce 'Steel Sandwich Panels' and 'Steel Doors'
Flipkart, FPOs tie up to facilitate market access for farming communities. Through these pact, Flipkart has been sourcing and bringing pulses, staples and whole spices onto its platform, impacting thousands of livelihoods of the farmer community
Govt signs share purchase agreement with Tata Sons for Rs 18,000-cr AI deal. The government on Monday signed a share purchase agreement with Tata Sons for sale of national carrier Air India for Rs 18,000 crore
Aditya Birla Sun Life AMC second quarter profit up 38% to Rs 173 cr. The company had posted a profit after tax of Rs 125.4 crore in the year-ago period
Govt signs share purchase agreement with Tatas for Air India sale. After signing the deal, Conditions Precedent (CP), which includes terms and conditions, will be completed in eight weeks, as per the plan shared by govt
BPCL disinvestment delayed as suitors strive for partners: Report. The massive price tag means bidders as well as the Indian government want a consortium with stronger technical and financial muscle for the transaction, the people said.
Bharti Airtel accepts 4-year moratorium on spectrum, AGR payments. The option of dues moratorium was offered by the government to telcos as part of a recently-announced relief package for the telecom sector.
Tech Mahindra Q2 net up 26% YoY to Rs 1,339 cr, down slightly sequentially. Firm announces two acquisition in digital space
HDFC AMC Q1 profit up 2% at Rs 344.5 cr; Birla AMC rises 38% to Rs 173 cr. HDFC AMC's operating profit stood at Rs 395.4 crore as compared to Rs 349.1 crore in the quarter ended September 2020
Apple deleting in-app buy clause a welcome move: Digital start-ups. This comes as a major victory for the developer and start-up community who have been vocal against the restrictive and anti-competitive practices of the two big firms
Groww's valuation hits bn as start-up raises 1 mn in Series E round. ICONIQ Growth leads 1-mn fundraise in start-up which has over 20 mn users
How Facebook's algorithm led a test user in India to fake news, gore. Photos of beheadings and jingoistic scenes of violence fill hypothetical account's feed days after it set up in Feb 2019 to see the content Facebook recommends users.
Prioritisation of domestic coal to power sector hit Hindustan Zinc: CEO. The prioritisation of domestic coal supply to the power sector has to "some extent" hit Hindustan Zinc, a top official of the Vedanta group firm said
JSW Steel plans to levy surcharge on steel products as input cost mounts. To offset the rising input cost, the domestic steel giant JSW Steel is planning to levy a surcharge
Dish TV Rs 1,000 cr rights issue critical for survival: Company executive. The rights issue is critical for the survival of the DTH company, its top official said
Elon Musk trolls Tim Cook on Twitter over Apple's cleaning cloth. Musk has trolled Apple CEO over the company's new cleaning cloth.
Honda Motorcycle all set to foray into electric vehicle segment next fiscal. Two-wheeler major Honda Motorcycle & Scooter India (HMSI) is gearing up to launch its first electric product in the country in the next financial year, a top company official has said. The company, which sells popular models like Activa and Shine in the co
Keventers on expansion drive; targets turnover of Rs 700 cr by 2025-26. It has also earmarked capital expenditure of Rs 200 crore over the next 5 years. The company has also partnered with sports nutrition brand Myprotein
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