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NSE share market NEWS tomorrow (10 August, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 August 2021

Max Healthcare was amongst the top gainers, currently trading at 303.65 in NSE with 6.458 times change in volumes and 5.544% change in price. Other gainers included Cummins India with 3.977% price change and 0.822 times volumes, Bharti Airtel with 3.83% price change and 3.425 times volumes, Au Small with 3.103% price change and 1.4 times volumes, and Tech Mahindra with 2.765% price change and 0.959 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.

Macrotech Developers was amongst the top losers, currently trading at 804.55 in NSE with 1.254 times change in volumes and -6.279% change in price. Other losers included National Aluminium with -5.378% price change and 0.507 times volumes, Pg Electroplast with -5.226% price change and 1.249 times volumes, Steel Authority with -5.108% price change and 0.873 times volumes, and Manappuram Finance with -4.679% price change and 1.941 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.

Motherson Sumi reports Q1 consolidated net profit at Rs 367.65 cr. Auto components major Motherson Sumi Systems Ltd (MSSL) on Tuesday reported a consolidated net profit of Rs 367.65 crore from continuing operations in the first quarter ended June 30

Vedanta to invest bn across businesses, double silver and steel output. Timeline for investment not given; Firm looks to ramp up domestic production in oil and gas by up to 50%

Godrej Agrovet Q1 consolidated PAT up 4.1% at Rs 104.75 crore. Godrej Agrovet on Tuesday reported a 4.1 per cent growth in consolidated profit after tax (PAT) during the quarter ending June 30, at Rs 104.75 crore compared to the same period of the previous financial year. The company's PAT stood at Rs 100.59 crore dur

MCG officials yet to initiate inquiry against IL&FS for flouting norms. Despite demands of action by the councillors of the Municipal Corporation of Gurugram (MCG) against IL&FS (the concessionaire for handling C&D waste) for flouting MCG norms during the house meeting held on July 30 and despite Mayor Madhu Azad who had also

Eveready gets a new joint managing director in Suvomoy Saha. The move comes more than a year after the Burman family - promoters of Dabur India - became the largest shareholder in Eveready with a stake of 19.84%

Zomato's Q1 consolidated net loss widens to Rs 356 cr. Non-cash employee stock ownership plan expenses increased in the first quarter and also affected results, the company added

PGCIL net profit jumps nearly three-fold to Rs 5,998 cr in June quarter. Power Grid Corporation of India Ltd on Tuesday posted a nearly three-fold jump in consolidated net profit at Rs 5,998.28 crore in the June quarter, mainly on the back of higher revenues

Tata Sons Chairman N Chandrasekaran meets FM Nirmala Sitharaman. Tata Sons Chairman N Chandrasekaran on Tuesday met Finance Minister Nirmala Sitharaman

Future Supply Chain Solutions' net loss narrows to Rs 42.60 cr in June qtr. Future Supply Chain Solutions Ltd on Tuesday reported narrowing of its net loss to Rs 42.60 crore for the first quarter ended June 2021

A Swiggy IPO could provide good returns, says SoftBank's Masayoshi Son. Last month, Swiggy closed a .25-bn fundraise, marking the first investment in the category by SoftBank Vision Fund 2, and raising its valuation by more than 50% to .5 bn

CCI approves Lighthouse Funds' additional stake buy in Bikaji Foods. The Competition Commission of India (CCI) on Tuesday approved Lighthouse Funds' acquisition of additional stake in Bikaji Foods International Ltd. The acquirers are Lighthouse India Fund III and Lighthouse India III Employee Trust, according to a combinati

Vodafone Idea files review petition in apex court on AGR dues. Vi had calculated its remaining AGR dues at around Rs 21,500 crore after making a payment of Rs 7,800 crore

Top headlines: SC fines 8 political parties; CIL Q1 net profit jumps 52%. Business Standard brings you the top headlines this evening

SC rejects challenge to approval of resolution plan of Reliance Infratel. The Supreme Court on Tuesday rejected the challenge of operational creditors on approval of resolution plan of the Reliance Infratel Limited by NCLT

Startup Wiz Freight gets .5 mn in seed funding from Axilor, others. Digital freight management platform Wiz Freight has raised USD 3.5 million (about Rs 26 crore) in seed funding led by Axilor.

Zomato Q1 net loss widens to Rs 356 crore; revenue rises to Rs 844 crore. Revenue from operations in Q1 rose to Rs 844.40 crore from Rs 266 crore a year ago

Industry needs long overdue support to maintain 3+1 structure: Sunil Mittal. Bharti Airtel Chairman Sunil Mittal said the sector remains a viable place for continued investments

Telecom needs 'long overdue' support for 3+1 structure: Sunil Mittal. Airtel to scale up investments in data centres, Cloud services, cyber security

Financial creditors realised 36% of their total claims under IBC: Govt. The government on Tuesday said that financial creditors have realised Rs 2.45 lakh crore or 36 per cent of their total claims under the insolvency resolution process till the end of June.

22 Indians firms included in Forbes Asia's inaugural '100 to Watch' list. Agriculture startup Aquaconnect, BeatO (biotech and healthcare), Bellatrix Aerospace (logistics and transportation), Betterplace (education and recruitment) are among the Indian firms in the list

Hinduja Global Services enters agreements to divest healthcare services biz. The transaction is based on an enterprise value of .2 billion, subject to closing adjustments, and is expected to conclude within 90 days

Mudrex raises .5 mn in seed round led by Nexus Venture Partners. Mudrex provides a platform for crypto investing by providing investment products modeled along the lines of 'mutual funds' and 'ETFs' for long-term wealth creation

Credgenics raises mn in series-A funding, hits valuation of $ 100 mn. The financing round was led by Westbridge Capital and Tanglin Venture Partners

Telecom needs 'long overdue support' to keep 3+1 structure: Sunil Mittal. Bharti Airtel Chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure that the sector remains a viable place for continued investments

TikTok overtakes FB as most world's most downloaded social media app. Chinese short-video platform TikTok has overtaken Facebook as the most downloaded social media app in the world, the media reported.

Edtech platform BlueLearn raises Rs 25 cr in pre-seed funding round. BlueLearn was founded earlier this year by Harish Uthayakumar and Shreyans Sancheti who are currently in their final year of electrical engineering at BITS Pilani

Reliance weighing bid for telecom firm T-Mobile Netherlands: Report. A deal for T-Mobile Netherlands would represent a rare purchase in Europe for Mukesh Ambani's group.

Banks show interest in funding stalled projects of Amrapali group: NBCC. State-owned NBCC Ltd on Tuesday said that banks have shown interest in providing funds to complete the stalled projects of defunct Amrapali group. On July 23, 2019, the Supreme Court ordered cancellation of the registration of Amrapali Group under real est

SoftBank's Vision Fund posts bn Q1 profit, share weakness casts shadow. China regulatory action has hit valuations, but sees further upside from listing of Paytm, Policybazaar

Coal India Q1 consolidated net profit jumps 52.5% to Rs 3,174 cr. Consolidated revenue from operations rose 37% to Rs 25,282 cr

JSPL posts multifold jump in net profit to Rs 2,516 cr in June quarter. Jindal Steel and Power Ltd (JSPL) on Tuesday said its consolidated net profit jumped over 10 times to Rs 2,516 crore during June 2021 quarter. The company's "net profit after tax from continuing operation" during the April-June 2020 quarter had stood at Rs

India companies seal 181 deals worth .2 billion in July: Report. India Inc recorded 181 deals amounting to .2 billion in July 2021, according to Grant Thornton Bharat's 'Dealtracker'.

Whirlpool of India Q1 net profit rises 61.9% to Rs 25.51 crore. Consumer durable maker Whirlpool of India on Tuesday reported a 61.96 per cent increase in consolidated net profit to Rs 25.51 crore for the first quarter ended June 30. The company had posted a net profit of Rs 15.75 crore during the April-June quarter of

SAT stays Biocon insider trading order. Sebi had directed Allegro Capital and its owner Kunal Kashyap to disgorge Rs 25 lakh for allegedly dealing in shares of Biocon while in possession of price sensitive information.

Max Healthcare posts Q1 consolidated net profit of Rs 146.92 crore. Max Healthcare Institute on Tuesday reported a consolidated net profit of Rs 146.92 crore for the quarter ended June 30, 2021.

Kalyan Jewellers Q1 consolidated loss narrows to Rs 51 crore. Jewellery retailer Kalyan Jewellers on Tuesday reported a narrowing of its consolidated loss to Rs 51.30 crore for the quarter ended June. The consolidated loss of the company stood at Rs 85.87 crore during the corresponding quarter of 2020-21, Kalyan Jewe

Eveready Industries Q1 consolidated net profit up 21% to Rs 30.13 cr. Batteries and flashlights maker Eveready Industries India Ltd on Tuesday reported a 21 per cent increase in consolidated net profit at Rs 30.13 crore in the first quarter ended June 30.

Vedanta committed to bring in investments of up to bn: Anil Agarwal. Agarwal was addressing the shareholders during 56th Annual General Meeting of the company.

India Inc's deal activity sees 3% jump to .2 billion in July. India Inc witnessed a 3 per cent rise in deal activity to USD 13.2 billion across 181 transactions in July, a report said on Tuesday. Going by the number of deals, the volumes showed a 66 per cent increase to 181 transactions, thus indicating a dip in aver

Japan's TechnoPro acquires Udupi-based Robosoft for Rs 805 crore. Robosoft will continue to be led by its current management team, headed by chief executive officer Ravi Teja Bommireddipalli who is also being elevated to managing director and CEO.

Amazon to soon directly address claims over faulty marketplace products. Starting September 1, users will be able to contact Amazon directly with a property damage or personal injury claim and then Amazon will connect you with the seller.

Shriram City, STFC raise Rs 2,000 cr through retail fixed deposits in Jul. Shriram City Union Finance and Shriram Transport Finance Company have raised record retail fixed deposits (FDs) worth Rs 2,000 crore in July 2021

Tata group is looking to enter semiconductor manufacturing: Chandrasekaran. Tata group chairman's remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their businesses

CoinDCX is India's first crypto unicorn as country debates virtual assets. Latest funding round values the firm at .1 billion, says CoinDCX CEO.

Top headlines: Tata group mulls chips business, FM speaks on scrapping tax. Business Standard brings you top headlines this morning

RIL forays into Lithium-ion battery biz through stake buy in US company. Based on patented tech, designed to last between 4-24 hrs, Ambri's long- duration energy storage systems will break through the cost, longevity & safety barriers associated with lithium-ion batteries

Reliance New Energy Solar Ltd to invest 4 million in Ambri Inc. Reliance New Energy Solar Ltd, along with strategic investors Paulson and Co. Inc. and Bill Gates, and other investors, has announced an investment of 4 million in Ambri Inc

Govt will refund Rs 8000 cr to 4 firms under new taxation laws: CBDT chief. The Bill will do away with the retrospective tax provision and end all retrospective taxes imposed on indirect transfer of Indian assets made before May 28, 2012

IT firm Wipro appoints Jason Eichenholz as Global Partnerships Lead. IT services firm Wipro Ltd on Monday said it has appointed former Deloitte Consulting executive Jason Eichenholz as its Senior Vice President and Global Partnership Lead

Will extend full cooperation to CCI probe: Amazon, Flipkart on SC decision. E-commerce giants Amazon and Flipkart said they are in compliance with all the rules, and will extend full cooperation to the CCI probe, following the Supreme Court's refusal to entertain their pleas

JSW rolls out across-the-board stock options for steel and energy employees. ESOP to cover 15,000 staff for all grades including workmen, junior, middle, senior management and business leadership

Split verdict in Sebi-PNB Housing case underscores SAT's exigency. The tribunal lacks a third member to fall back upon, thus putting the PNB Housing plea in a limbo

Amazon to end partnership with Murthy's Catamaran Ventures from May 2022. The two partners on Monday announced they have mutually decided to not continue their joint venture beyond the end of its current term

Gift City, India Insurtech ink pact to promote fintech in insurance sector. Gift City, the country's first international financial services centre, said it has collaborated with the India InsurTech Association to promote financial technology in the insurance sector

Top headlines: Cloudtail to stop operations; Oyo gets IPO process going. Business Standard brings you the top headlines this evening

Govt's SWAMIH Fund to invest Rs 650 crore in six Amrapali projects. Fund manager SBICAP Ventures said it has signed agreement with Supreme court-appointed receiver for infusing the funds

IPO-bound Paytm to expand ESOP pool to 61 mn shares through EGM on Sep 2. The startup is backed by Berkshire Hathaway Inc. and Jack Ma's Ant

NHRC seeks more time to file counter in 2018 Sterlite firing case. The National Human Rights Commission on Monday sought more time to file its counter in response to a PIL from a human rights activist seeking to reopen the 2018 police firing case in Tuticorin

Retail investors' ownership in NSE-listed cos hits all time high in Jun qtr. Retail investors' ownership in the companies listed on NSE reached an all-time high in the June quarter, mainly due to buoyant secondary market and a flurry of new listings, a report said on Monday

Non-life insurers to suffer longer from pandemic: Liberty General CEO. Uncertainty on the personal and financial health of the public arising from the pandemic and its ripple effects on general insurance industry will stay longer because the loss of livelihoods

Grasim faces CCI heat again; lifting of anti-dumping duty may hurt revenue. According to industry experts, prices are expected to drop by Rs 5-6 per kg once anti-dumping duty is lifted

Mahindra & Mahindra unveils brand new logo for SUV Portfolio. The new XUV700 will be the first vehicle to wear the Twin Peaks logo, followed by other SUV products in a phased manner

South Korea's Hyundai resumes production at local plant for EV sedan. Hyundai Motor said on Monday it has resumed production at one of its seven domestic plants after a four-week suspension to prepare for the production of an electric vehicle.

Expiry of safeguard duty: Boon for solar developers, bane for manufacturers. Sector executives feel this would exacerbate the problems of domestic manufacturers of solar cells and modules.

Supreme Court says CCI probe against Amazon, Flipkart will continue. The Competition Commission ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their platforms.

Life insurers report 11% YoY decline in new business premiums in July. When compared to the pre-pandemic period (July 2019), NBP of the life insurance industry witnessed a drop of 5 per cent

Supreme Court refuses to stop CCI probe against Amazon and Flipkart. Senior advocates Gopal Subramanium and Sajan Poovayya appeared for Amazon. Solicitor General Tushar Mehta appeared for the CCI

Conversion of Vodafone Idea debt into equity an option: Banks to DoT. Conversion of debt of the stressed telecom player Vodafone Idea Ltd (VIL) into equity could be an option to emerge out of the crisis, lenders led by SBI have suggested to DoT

Log 9 Materials raises .5 mn in funding round led by Amara Raja Batteries. Advanced battery-tech start-up, Log 9 Materials on Monday said it has raised USD 8.5 million (around Rs 63 crore) in a funding round led by Amara Raja Batteries. The company has also entered into an equity partnership and collaboration with Amara Raja Batt

MRF posts over 12-fold increase in net profit at Rs 166 crore in Q1. Tyre major MRF on Monday posted over 12-fold increase in its consolidated net profit at Rs 166 crore for the first quarter ended June 30. The company had reported a net profit of Rs 13 crore in the April-June quarter of last fiscal. Revenue from operations

After 5G equipment, Tata Group looking to enter semiconductor manufacturing. Tata Group is looking to make a foray into semiconductor manufacturing, Chairman N Chandrasekaran said on Monday. Pegging the market opportunity of high-tech manufacturing of electronics at USD 1 trillion, Chandrasekaran said Tata Group has already set up

Edtech firm upGrad becomes new unicorn at .2 billion valuation. The company raised fresh funds to tune of 5 mn from Temasek, IFC and IIFL

Trentar to invest Rs 100 cr for drone manufacturing; Dhruv Arora new CEO. Dorf Ketal's technology company Trentar on Monday announced the launch of an unmanned Aerial Vehicle (UAV) manufacturing division, where it is planning to invest Rs 100 crore over the next three years

Log 9 Materials raises .5 mn as part of Series A+ round led by Amara Raja. Amara Raja Batteries invests mn; existing investors Exfinity Ventures and Sequoia Capital India's Surge Programme, alongside a clutch of new investors also participate

Parliament passes LLP Amendment Bill to boost start-ups, ease of business. Lok Sabha Monday passed the Limited Liability Partnership (Amendment) Bill, which seeks to encourage the start-up ecosystem and further boost the ease of doing business, amid uproar by the Opposition

Amara Raja Batteries plans billion capex in the next 5-7 years. Amara Raja Batteries plans to invest about $ 1 bn in the next five to seven years towards capex to be spent for both organic and inorganic growth, a senior official of the company said on Monday

AstraZeneca Pharma India Q1 net profit declines 45% to Rs 10.24 cr. Drug firm AstraZeneca Pharma India on Monday reported a 45.03 per cent decline in its net profit to Rs 10.24 crore for the June ended quarter

Ronnie Screwvala's edtech startup upGrad a unicorn; valuation tops .2 bn. Closes a series of raises from Temasek, IFC and IIFL, mopping up a total of 5 million

Future Retail bonds tumble with stocks after Reliance deal blow. The slide extends Friday's losses

JK Tyre expects economic revival, growth going ahead: CMD Singhania. JK Tyre & Industries expects economic revival and growth going ahead after an unprecedented FY21, but rising commodity prices and the potential turbulence of the pandemic remain causes of concern, according to company Chairman & Managing Director Raghupati

Upgrad in unicorn club with .2 bn valuation as IIFL on-boards with mn. Online education platform Upgrad has raised its third external funding of million from the IIFL Group, helping the re/up-skilling company join the unicorn club with a valuation of .2 billion

Subway Systems questions constitutional validity of anti-profiteering body. Questions the authority over including it as respondent in a case against its franchisee

Market value of nine leading companies up Rs 2.22 trn; RIL and TCS lead. BSE Sensex rallied 3.21 per cent last week; HDFC Bank's capitalisation rose by Rs 37,563.09 crore.

Hyundai eyes further gains in domestic market with SUVs ruling the roost. Hyundai India expects its SUV range to gain traction in the domestic market with demand for personal mobility gaining momentum post the second wave of Covid-19, according to a senior company official

Tata Steel BSL sets up UV oxidation plant to treat cyanide in wastewater. Tata Steel BSL set up the world's first ultraviolet oxidation plant in the industry at its facility in Odisha's Dhenkanal to treat cyanide in coke oven wastewater, a deadly pollutant, the company said

ED serving notice to Flipkart and not Amazon 'raises suspicion': CAIT. Influential trade association writes to investigating agency, appeals to commerce and finance ministers.

Situation complicated but paint industry has growth potential: Berger. Though the situation remains "complicated", the paint industry essentially provides "growth potential" in view of pent up demand, Berger Paints has said

Lodha group forms 4 JVs in Q1 for realty projects, eyes 2 JVs every quarter. Macrotech Developers, which sells properties under Lodha brand, has formed four JVs in April-June to build projects of Rs 3,500 crore, eyes two such tie-ups every quarter, a top company official

GOQii eyes entry into UK, S-E Asian markets as travel restrictions ease. The company''s strategy would be different for these markets and GOQii intends to team up with local strategic partners including large healthcare firms or insurance companies to make inroads.

Sale by govt of Cairn Energy's 'attached' shares a bad decision: Experts. The IT department not just sold Cairn''s near 10 per cent shareholding in its Indian subsidiary but seized its dividends totalling Rs 1,140 crore and stopped tax refunds of Rs 1,590 crore.

PNB Housing Fin to step up recovery efforts this month onwards: CEO Prasad. The company''s gross NPAs jumped to six per cent of the gross advances in quarter ended June 30, 2021, from 2.7 per cent by end of June 2020, mainly on account of impact of second wave of Covid-19.

Software firm Happiest Minds to hire 300 techies in each of next three qtrs. Bengaluru-based software firm Happiest Minds Technologies, which has been facing rising attrition levels, is planning to hire 300 techies in each of next three quarters, its top management has said

Axis My India plans Rs 500 cr tech platform to connect 250 mn households. Market research firm Axis My India is developing a digital platform with focus on two-way communication problem solving to connect 25 crore households with it over the next three years, a top company official said. Axis My India founder and Chairman & Mana

Kesoram may offer discount in proposed rights offer to reward shareholders. B K Birla Group company Kesoram Industries is likely to offer a hefty discount of 30 per cent or more from market price in proposed upcoming rights offer to reward shareholders, company sources said.

Inox signed pacts with developers to add 926 screens to network: CEO Tandon. Multiplex chain operator Inox Leisure has so far signed agreements with various developers to add 926 screens to its network, which are expected to come in next few years, said a top company official.

True Balance aims for break-even by year-end, eyes listing by 2024. True Balance is an RBI-authorised digital platform which facilitates loans through its safe, RBI licensed NBFC - True Credits.

JSPL accepts revised offer from Worldone to divest 96.42% in Jindal Power. JSPL Board accepted the revised binding offer from Worldone Private Limited to divest its 96.42 per cent stake in Jindal Power Limited (JPL), a material subsidiary of JSPL, the company informed.

Enter: The brand called Neeraj Chopra, India's new sporting superstar. The draw for advertisers: Embodies skill & specialisation, is a combination of Olympian & soldier, has the looks

Top headlines: Retail rush for 4 IPOs, lenders worried over RIL-Future deal. Business Standard brings you top headlines this morning

ReNew Power to invest .2 bn for country's 1st round-the-clock RE project. The project will be designed to operate at an 80% average annual PLF and will have a minimum capacity utilisation factor of 70% monthly, despite being a renewable energy project, says ReNew Power

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