NSE share market NEWS tomorrow (17 August, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (17 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 August 2021
Apollo Hospitals was amongst the top gainers, currently trading at 4920.50 in NSE with 2.176 times change in volumes and 13.243% change in price. Other gainers included Tata Elxsi with 7.071% price change and 4.446 times volumes, Max Healthcare with 6.727% price change and 4.773 times volumes, Abb Power with 5.488% price change and 2.624 times volumes, and Petronet Lng with 4.241% price change and 3.427 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.
Vedanta was amongst the top losers, currently trading at 303.15 in NSE with 3.333 times change in volumes and -9.911% change in price. Other losers included Suzlon Energy with -4.511% price change and 0.681 times volumes, Indian Bank with -4.442% price change and 1.061 times volumes, Hindustan Zinc with -3.99% price change and 0.934 times volumes, and Sona Blw with -3.855% price change and 0.488 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.
Baba Ramdev's Ruchi Soya gets go ahead from Sebi to float FPO. Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has received capital markets regulator Sebi's go-ahead to raise Rs 4,300 crore through a follow-on public offer (FPO). The FPO is being launched to meet the Sebi norm of mini
Maximl eyes global expansion to 20 countries, plans to raise over mn. Firm says it is India's first connected worker platform for deskless workers, has expanded the past two years; clientele includes Tata Steel, RIL, BPCL and HPCL
JSW Infra plans Rs 10k-cr capex by 2025, including investment in logistics. Capex will also include investment in logistics to better hinterland connectivity
Cognizant acquires a digital engg firm, its sixth acquisition in 2021. The company continues expanding in key strategic focus areas for digital -- digital engineering, data and artificial intelligence, cloud and the Internet of Things
8 law firms in race to advise on sale of govt's 45.48% stake in IDBI Bank. LIC, which owns 49.24 per cent, will also offload its stake to transfer management control to the new buyer
HAL signing contract with GE Aviation for Tejas aircraft engines. The contract was signed here today at HAL Corporate Office
Top headlines: SII buys 50% stake in vial maker; China tech stocks slump. Business Standard brings you the top headlines this evening
Infosys invests an additional Rs 3.3 cr in California-based TidalScale. TidalScale is a software-defined-server technology startup
ReNew Power to list on Nasdaq this month, RMG investors approve merger. ReNew is looking to be fully funded for its equity requirements till fiscal year 2025 through this listing
HAL inks Rs 5,375-cr contract for supply of engines for Tejas aircraft. Since it first flew in January 2001, the Tejas LCA has been powered by a single General Electric (GE) F404-IN20 engine.
Climate Group appoints Sumant Sinha as trustee on UK board for 3 years. London-based Climate Group announced the appointment of Sumant Sinha, chairman and managing director of domestic renewable energy company ReNew Power, as a trustee on its UK board for three years
Govt to scale up network of incubators, accelerators to spur start-ups. Government is committed to scaling up the network of incubators and accelerators massively over the next three years, Minister for Electronics and IT Ashwini Vaishnaw said on Tuesday
India, Mexico markets push Walmart international business grow 13% in Q2. US retail giant Walmart saw its operations in markets like India, China and Mexico push its international business growth by 13 per cent in the second quarter ended July 31
Indian e-retail market expected to grow to 0 bn by FY26: Bain & Company. The pandemic was a watershed moment for India's e-retail market, driving a 12-month acceleration in e-retail penetration, which was at 4.6 per cent by end of FY21
Healthtech startup Ultrahuman raises .5m in Series B funding round. The Series B funding came from Alpha Wave Incubation (AWI), which is backed by DisruptAD and managed by Falcon Edge, Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani's iSeed
WhatsApp adds backgrounds to payments for a more personalised experience. Built for India, this new feature is relevant, exciting, and memorable as it helps people easily convey a feeling along with sending money.
JK Tech rebrands itself with new website, logo after nearly 25 years. The website features a clean and modern design, with seamless and simplified user interface, portraying JK Tech as a young and vibrant organisation
Rage Coffee raises mn in Series A round led by Sixth Sense Ventures. Rage is disrupting the core instant coffee segment by launching flavored instant coffee (Mocha mint, Irish hazelnut, Dark chocolate, etc) along with products such as roast coffee, and cold brew coffee
SpiceJet announces transfer of logistics business to SpiceXpress. SpiceJet on Tuesday announced it was transferring its cargo and logistics services on a slump sale basis to its subsidiary SpiceXpress and Logistics Private Limited.
Naveen Jindal group, two others submit final bids for Reliance Naval. CoC to take a call on Wednesday
Serum Institute buys 50% stake in pharma packaging firm Schott Kaisha. The joint venture is for pharmaceutical packaging
Tata Steel interested in acquiring Vizag-based RINL: CEO T V Narendran. Domestic steel giant Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Limited (RINL), the company's Chief Executive Officer (CEO) and Managing Director T V Narendran said.
India's Serum Institute takes 50% stake in drug vial maker Schott Kaisha. SII, the world's largest vaccine maker by production volume, has taken a 50% stake in Indian drug vial maker Schott Kaisha, the companies said in a statement on Tuesday.
Hindustan Zinc board meeting to consider interim dividend for FY22 deferred. Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said its board meeting scheduled on August 17 to consider interim dividend for FY2021-22 has been deferred
Siemens, Tata Power-DDL deploy smart metering tech in north Delhi. Siemens and Tata Power Delhi Distribution Ltd (Tata Power-DDL) have jointly announced deployment of smart metering technology for over two lakh smart meters in north Delhi. "Siemens Ltd and Tata Power Delhi Distribution Ltd jointly announced the successful
Flipkart adds new facilities in Maharashtra, to create 4,000 jobs. Spread across nearly 7 lakh square feet, new facilities will create over 4,000 direct and indirect job opportunities and also support pan-India market access for thousands of local sellers and MSMEs
Diesel price rise blows Rs 700 crore hole for Coal India in Q1FY22. Mining major Coal India suffered losses to the tune of Rs 700 crore in the April-June quarter owing to a sharp rise in diesel prices, a top company official said
Will implement single judge order against Reliance deal: HC to Future Group. The Delhi High Court Tuesday said it will implement the single-judge order restraining Future Retail Ltd (FRL) from going ahead with the Rs 24,713 crore deal with Reliance Retail to sell its business
HCL Tech signs 5-year IT contract with German chemical co Wacker Chemie AG. HCL will be using AI-enabled virtual assistants to drive efficiencies for Wacker.
India asks US court to reject Cairn Energy's .2 billion suit. The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a .2 billion arbitral award, saying it had sovereign immunity under US law
Serum Institute picks up 50% in glass vial maker Schott's Indian JV. Deal value not disclosed; former co-promoters Kaisha exits JV
Lupin bets big on inhalation segment, plans to enter Chinese market. Lupin's portfolio and pipeline addresses 70 per cent of the entire market
Charting growth: Acute therapy drugs make a comeback in July, shows data. But a fall in doctor visits hit acute therapy drugs. July saw a major turnaround
Zupee's valuation crosses 0 million, raises million funding. This round comes within 6 months after its Series A round at a 0 million valuation, which is more than 5x increase in the company's valuation
Ruchi Soya gets Sebi's approval for Rs 4,300 crore FPO, say reports. According to its draft documents, the issue's net proceeds will be utilised to repay its borrowings and fund incremental working capital requirements
5-month-old UpScalio discloses fundraise of .5 mn in Series A round. The funding round was led by Presight Capital and an undisclosed global hedge fund, with participation from Heliad Equity Partners, MPGI, 468 Capital and Whiteboard Capital
OIL looks to liquidate short term debt raised for NRL buy in current fiscal. The push to liquidate debt will mean no more acquisition or fund raising being planned this year
India's Petronet aims to extend long-term LNG buy deal with Qatar. Petronet has a deal to buy 7.5 million tonnes per year (mtpa) of LNG from Qatar under a long-term deal expiring in 2028.
Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar. Amid an existential struggle, Vodafone Idea on Monday said while its recent tariff tweaks are steps in the right direction, such changes are not enough to solve the industry's structural issues
Lupin gets tentative nod from USFDA to market partial-onset seizures drug. Drug firm Lupin on Monday said it has received tentative nod from the US health regulator to market its generic Brivaracetam tablets used for the treatment of partial-onset seizures
Flipkart partners HRX to expand into sports, fitness equipment category. Walmart-owned Flipkart on Monday said it has partnered with HRX, which was co-founded by actor Hrithik Roshan, to launch a range of sports and fitness equipment for home workouts
'Lot of officials' talking on Voda Idea stress, nothing has come to me: FM. Finance Minister Nirmala Sitharaman on Monday said a "lot of officials" were talking to each other but nothing has come to her.
Poonawalla Fincorp plans to triple AUM to Rs 45,000 cr by 2025. The company would also look at listing its housing finance subsidiary with an AUM of Rs 10,000 crore
Adani Group to acquire MBCPNL portfolio from Sadbhav Infra for Rs 1,680 cr. The deal is subject to customary regulatory and lender approvals and is expected to close in the third quarter of 2021-22
Ajmera Realty expects Rs 4,000 cr revenue in 3-4 years from 7 projects. The city-based developer Ajmera Realty is expecting around Rs 4,000 crore in topline from the upcoming seven projects which need an investment of around Rs 2,500 crore, a top company official has said. The company, which had a revenue of Rs 330 crore in th
LIC, EPFO keen to set up fund for startups, says DPIIT official. LIC and EPFO have expressed their willingness to set up funds for startups to help budding entrepreneurs, a senior official said on Monday
Kerala: Online booking, payment for liquor from select outlets from Aug 17. From August 17, people can book and pay online for liquor from select retail outlets of the Kerala State Beverages Corporation
Latent View files draft papers with SEBI to raise Rs 600 cr via IPO. Data analytics services provider has filed preliminary papers with capital markets regulator.
India state fuel retailers' Aug 1-15 gasoil, gasoline sales drop m/m. Gasoline sales at 985,852 tonnes between Aug 1-15 were 4.93% lower compared with those between July 1-15
BHP, world's largest miner, in talks to sell multibillion oil, gas assets. Group in talks to sell global oil, gas business to Australia's Woodside after shedding some of its coal assets.
HealthifyMe announces ESOP, equity buyback programme worth mn. The development comes close on the heels of a million (about Rs 559.6 crore) fund raise by the company from investors including LeapFrog and Khosla Ventures
Companies woo IT talent with luxury cars, gadgets as Covid fetches business. The huge capital inflows have enabled large, as well as startup IT firms to launch all-out attempts to acquire a talent pool
SBI scraps processing fees, lists more offers for retail customers. The country's largest lender State Bank of India on Monday announced a slew of offers for its retail customers ahead of the festive season. The bank has announced a 100 per cent waiver on processing fees for its car loan customers across all channels, a re
Tata Motors signs up Bank of Maharashtra for passenger vehicle financing. Bank of Maharashtra will provide loans to Tata Motors' customers at an interest rate starting 7.15 per cent.
Aramco in advanced talks to buy stock worth bn in Reliance: Report. Reliance could reach an agreement with energy firm as soon as the coming weeks.
PE/VC investments touch all-time high of .5 bn in July: Report. Investments by private equity and venture capital funds doubled to a record high of USD 9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday
Bike taxi startup Rapido raises mn to expand operations across India. With its latest round of funding, Rapido will be making strategic investments in innovations, technology, people, and supply
myTVS raises Rs 375 cr from Exor-backed fund, joins 'super app' race. mTVS's super app plans comes after companies Tata Group, Reliance Industries, PhonePe, Paytm and GooglePay, announced the launch of a super app
Analysts air concerns over weak vitals of Vodafone Idea post Q1 results. In its note ICICI Securities said it sees 'high risk and huge concern for VIL' and it has put VIL's estimates, rating and target price under review until further clarity
Amid HK turbulence, HSBC buys AXA Singapore for 5 mn to grow Asia wealth. The acquisition will give HSBC the eighth largest life insurer in Singapore, as well as a leading group health insurance firm, with assets of 4 million, according to a statement.
OMCs continue to hold petrol, diesel prices as global crude rates ease. Oil marketing companies continued to keep the petrol and diesel prices unchanged for nearly a month now on the backdrop of easing crude oil prices.
Ola Electric launches Ola S1 scooter, prices start at Rs 99,999. Bhavish Aggarwal against sale of petrol 2-wheelers after 2025
From IOC to Reliance: India's ambitious hydrogen push gains currency. Hydrogen is the latest buzz for meeting the world's energy needs. Being the cleanest form of energy, it can be produced from a variety of resources, such as natural gas, biomass
Firms that want to import vehicles into India should invest here: Ola CEO. Anyone who wants to import vehicles into India should invest in the country, Ola CEO Bhavish Aggarwal said
Transition to electric mobility in 2-wheelers by 2025 possible: Ola. After 2025, no petrol two-wheeler should be sold in India and it is possible to make this transition to sustainability in four years, according to Bhavish Aggarwal.
Vi lost 12.4 mn subscribers in the first quarter, most since March-end 2020. The sequential fall in 4G subscribers was modest, indicating that most of the subscriber loss was in the low-margin 2G segment
Welcome rivals, will beat both Indian and global: Ola's Bhavish Aggarwal. The SoftBank-backed company said that anybody who wants to import into India, should invest in the country.
Unfreeze Zee Entertainment insider trading accounts: Bajaj Finance to Sebi. Bajaj Finance has told Sebi that the blockage of funds would adversely impact its ability to repay and may result in a default
Glenmark Pharma reports revenue growth of 26% and PAT growth of 21% YoY. Glenmark Pharmaceuticals Limited today announced its financial results for the first quarter ended June 30, 2021
Tata Power Solar bags Rs 386 cr battery storage system project at Leh. Tata Power Solar Systems has received a notice of award to build 50MWp solar PV plant with 50MWh battery energy storage system project at Phyang village in Leh, Ladakh.
Petronet LNG reports consolidated profit of Rs 670.06 cr for June quarter. The company is betting on plateauing domestic production and possible LNG demand from tyhe transport segment
Ind-Ra assigns Barclays India AAA with stable outlook. India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for Indian branch of Barclays Bank Plc (BBPLC) at AAA with a stable outlook.
Suzlon posts loss of Rs 79 crore, Q1 turnover at Rs 1,135 crore. India's largest renewable energy solutions provider Suzlon has reported a net loss of Rs 79 crore in the quarter ended June on a revenue of Rs 1,135 crore.In Q1 FY21, it had posted a net loss of Rs 384 crore on a revenue of Rs 513 crore.Earnings before int
Unclaimed Amrapali flats maybe resold as SC final notice be given to buyers. Top court said that it will direct that a 15-day notice be issued to the 9,538 buyers to update their registration and make payments, failing which these units would be considered unsold and auctioned
Partners Group to acquire Atria Convergence for enterprise value of .2 bn. With over 7,000 employees, Bengaluru-based ACT is a multi-service operator offering a package of internet, TV, data, and other broadband services.
India's top explorer ONGC looks at acquisitions for 10GW renewable aim. India has set up ambitious target to raise its renewable capacity to 450 GWs by 2030 from the current 100 GWs to cut dependence on thermal power
NTPC invites bids for project on hydrogen blending with natural gas. India's largest power generating company NTPC Ltd has floated a global expression of interest to set up a pilot project on hydrogen blending with natural gas in city gas distribution network.
George Soros exits shares bought during Bill Hwang's Archegos implosion. Soros Fund Management sold 4.3 million of ViacomCBS Inc., million of Baidu Inc. shares and .4 million of stock in Vipshop Holdings Ltd., according to a regulatory filing released Friday.
BPCL launches door-to-door delivery of diesel to meet growing demand. Bharat Petroleum Corporation Limited (BPCL) has launched door-to-door delivery of 'High Speed Diesel' to meet the growing demand.
Amara Raja Batteries Q1 profit doubles to Rs 167 crore. Amara Raja Batteries Ltd (ARBL) on Saturday reported profit before tax of Rs 167 crore in Q1 FY22, nearly double from Rs 84 crore in the same period of previous fiscal.Revenue stood at Rs 1,886 crore as compared to Rs 1,151 crore in the same period. Earnin
Realty firm Sobha Q1 profit up 73% at Rs 11 cr. Realty firm Sobha Ltd on Saturday reported a 73 per cent rise in its consolidated net profit at Rs 11.4 crore for the quarter ended June.
SJVN profit rises nearly 13pc to Rs 342 cr in June quarter. The consolidated net profit of the company was Rs 303.90 crore in the quarter ended on June 30, 2020, a BSE filing said.
PC Jeweller Q1 loss narrows to Rs 66 cr. Net income rose to Rs 261.74 crore in April-June 2021-22 from Rs 87.02 crore in the year-ago period.
Zuari Global brings down loss to Rs 37.42 cr in Q1. Zuari Global Ltd on Saturday said its consolidated net loss lowered to Rs 37.42 crore in the first quarter of 2021-22 from Rs 52.18 crore in the same quarter of the previous fiscal. Net income increased to Rs 231.33 crore in the April-June quarter of the 2
Triveni Engineering Q1 profit up 10.20% at Rs 92.30 crore. Triveni Engineering and Industries Ltd on Saturday posted a 10.20 per cent jump in its consolidated net profit at Rs 92.30 crore in the first quarter of 2021-22. The company had posted a net profit of Rs 83.75 crore in the same quarter previous fiscal, acc
Go Fashion files IPO papers with Sebi, plans to raise Rs 125 cr. The IPO comprises fresh issue of equity shares worth up to Rs 125 crore and an offer-for-sale of up to 12,878,389 equity shares by promoter and existing shareholders, as per draft red herring prospect
Sterling and Wilson Solar reports Rs 76 cr loss in June quarter. Sterling and Wilson Solar on Saturday reported a consolidated net loss of Rs 76.02 crore for the June quarter against a net profit of Rs 17.22 crore in the quarter ended on June 30, 2020. Total income of the company rose to Rs 1,227.20 crore in the quarter
Vodafone Idea Q1 loss narrows to Rs 7,319 cr; revenue declines 14%. The consolidated revenue from operations ofVIL declined by about 14 per cent to Rs 9,152.3 crore during the quarter from Rs 10,659.3 crore in corresponding quarter of 2020-21
Future Retail reports Rs 1,147 crore loss against Rs 553 crore yoy. The company reported revenues of Rs 1,406 crore in the June quarter of the current financial year as compared to revenues of Rs 1,355 crore announced in the same period of fiscal 2021
Vodafone Idea Q1 net loss narrows to Rs 7,319 cr; revenue declines 14%. On a sequential basis, however, it was a weak showing and the loss widened from Rs 7,022 crore due to lower revenue
Glenmark Pharma Q1 consolidated net profit up 21% at Rs 306 crore. Glenmark Pharmaceuticals on Friday said its consolidated profit after tax (PAT) increased by 21 per cent to Rs 306 crore for the first quarter ended June 30. The Mumbai-based drug major had reported a PAT of Rs 254 crore in the April-June quarter of the 20
NBCC Q1 consolidated net profit jumps over three-fold to Rs 37 crore. State-owned construction firm NBCC on Friday reported an over three-fold jump in its consolidated net profit at Rs 37.07 crore for the quarter ended June
DHFL posts four-fold jump in Q1 consolidated net profit at Rs 314 crore. Dewan Housing Finance Corporation (DHFL) on Friday reported an over four-fold jump in its consolidated net profit at Rs 314.43 crore for the quarter ended June 2021. The company had posted a net profit of Rs 70.10 crore in the same quarter a year ago and R
Godfrey Phillips India's net profit sees twofold jump to Rs 112.40 cr in Q1. Cigarette maker Godfrey Phillips India Ltd on Friday reported an over twofold jump in its consolidated net profit to Rs 112.40 crore for the first quarter ended June 2021
Under Covid stress, SpiceJet's net loss widens to Rs 729 cr in Q1. The company says it continues to incur various costs owing to the grounding and the inability of Boeing 737 Max aircraft to undertake revenue operations
Sun TV Network Q1 net profit at Rs 365 crore; revenue at Rs 819 crore. South-based broadcaster Sun TV Network Ltd on Friday reported a consolidated profit after tax (PAT) of Rs 365.03 crore for the quarter ended June
CCI nod for Ola investments by Temasek, Warburg Pincus, founder Bhavish. Competition Commission has given its nod for the proposed investments worth USD 500 million in ride-hailing platform Ola by Temasek, Warburg Pincus and Ola founder Bhavish Aggarwal. ANI Technologies Private Limited offers taxi and auto rickshaw aggregation
Jindal Stainless Hisar ties up with MNIT Jaipur for product R&D. Jindal Stainless (Hisar) Ltd has signed a pact with Jaipur-based Malaviya National Institute of Technology (MNIT) to conduct product research and development in the iron and steel industry
Competition Commission approves Zomato buying 9.3% stake in Grofers India. The Competition Commission has approved online food delivery platform Zomato's proposed purchase of 9.3 per cent stake in online grocery shopping player Grofers India
Fortis posts Q1 profit of Rs 430 cr on revenue growth, exceptional gain. Revenue grows 132% in Q1FY22, with that from diagnostics putting up the best show
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