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NSE share market NEWS tomorrow (09 August, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (09 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 August 2021

Sona Blw was amongst the top gainers, currently trading at 477.80 in NSE with 7.578 times change in volumes and 16.126% change in price. Other gainers included Indian Rail with 6.456% price change and 7.647 times volumes, Laurus Labs with 3.42% price change and 1.952 times volumes, Max Healthcare with 3.378% price change and 0.535 times volumes, and Inox Wind with 2.331% price change and 0.796 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.

National Aluminium was amongst the top losers, currently trading at 82.75 in NSE with 1.738 times change in volumes and -12.155% change in price. Other losers included Steel Authority with -4.894% price change and 1.517 times volumes, Astral Poly with -4.227% price change and 0.939 times volumes, Torrent Power with -3.926% price change and 1.23 times volumes, and Idfc First with -3.659% price change and 0.791 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.

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

JK Tyre posts consolidated net profit of Rs 44 cr in June quarter. JK Tyre & Industries on Saturday said it has posted a consolidated net profit of Rs 44 crore for the first quarter ended June 2021. The tyre major had reported a net loss of Rs 204 crore in the April-June period of 2020-21 fiscal amid COVID-19 disruptions.

Divi's Labs reports 13% jump in net profit at Rs 557 cr in Q1. Total income rose to Rs 1,997 crore in the first quarter as compared with Rs 1,748 crore in the June quarter

Muthoot Finance Q1FY22 results: Net profit rises 14% to Rs 979 cr. The non-banking finance company's total income increased 14% to Rs 2,963 crore

Bank of Baroda posts net profit of Rs 1,208 cr in Q1; NII rises 16%. BoB's net interest income (NII) --- the difference between interest earned and interest expended --- increased 15.7 per cent to Rs 7,892 crore in the first quarter

Hindustan Copper Q1 consolidated net profit rises 54% to Rs 46 cr. Hindustan Copper on Saturday reported a 53.6 per cent rise in consolidated net profit at Rs 45.63 crore for the quarter ended June 30, 2021. The company had a consolidated net profit after tax and share of profit of JV/Associates of Rs 29.69 crore in the

Bank of Baroda back in black in Q1, posts net profit of Rs 1,208 cr. The lender's net interest income rose by 15.8% in Q1FY22 to Rs 7,892 cr

NCLT dismisses Rolta promoters' plea for one-time settlement. The National Company Law Tribunal (NCLT) has dismissed a petition of the promoters of IT firm Rolta India Ltd seeking one-time settlement and regain the control of the company facing insolvency proceedings. In an order dated August 6, 2021, the tribunal re

Flipkart, IIM Sambalpur to partner to support small businesses and artisans. Flipkart executives will actively participate in this program by sharing operational know-how, market, and consumer insights

JSPL accepts Rs 7,401-cr revised offer for Jindal Power from Worldone. JSPL on Saturday said its board has accepted the revised offer of Rs 7,401 crore from Worldone Private Limited for divestment of its subsidiary company Jindal Power Ltd. On July 25, JSPL had announced receiving the Rs 7,401-crore revised offer from Worldon

NCLT admits application for initiating CIRP against McLeod Russel. Once the world's largest tea producer, McLeod Russel, part of the Brij Mohan Khaitan group company, is now India's largest with about 31 estates

AU Small Finance Bank profit flat at Rs 203 cr; net interest income up 40%. While provisions remained flat YoY at Rs 451 crore, sequentially, it went up by 21 per cent

Hopeful of launching Covovax for adults in October this year: Serum CEO. Poonawalla met Home Minister Amit Shah in Parliament and the meeting between the two lasted for 30 minutes.

Torrent Power Q1 net down 44% to Rs 208 cr, revenue up marginally. The company recently signed a Securities Purchase Agreement with a JV of Lightsource BP and UKCI to acquire a 50 Mw solar power project at Maharashtra for an enterprise value of Rs 317 cr

Hindalco Q1 consolidated PAT at Rs 2,787 cr vs loss of Rs 709 cr a year ago. The Aditya Birla Group firm's topline stood at Rs 41,358 crore, up 63% from same period last year with Novelis contributing strongly at Rs 28,428 cr

Piramal Enterprises first quarter profit up 8% to Rs 534 crore. The company had posted a net profit of Rs 495.56 crore for the corresponding period of the previous fiscal

RITES bags 'highest ever' Rs 4,027-cr order from Ministry of Railways. RITES is currently executing doubling project at Gooty-Dharmavaram and 3rd line project at Annupur-Pendra Road of approximately 140 km, which are near completion.

Zee Entertainment posts first quarter net profit of Rs 209 crore. Subscription revenue was at Rs 813.05 crore as against Rs 744.311 crore in Q1/FY 2020-21.

City Union Bank Q1 net up 12% at Rs 173 cr on lower provisioning. The bank had posted a net profit of Rs 154 crore in the same quarter a year ago.

SAIL posts Rs 3,897-crore net profit for June quarter. Domestic steel major SAIL on Friday returned to the black, posting a consolidated net profit of Rs 3,897.36 crore for the June 2021 quarter

Global vendors closely monitoring VIL situation, say it's business-as-usual. Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual

Reports about deal talks with edtech giant Byju's false, says Vedantu. Vedantu co-founder and Chief Executive Officer Vamsi Krishna took to social media platforms, LinkedIn, and Twitter to clarify

BSE posts 61% growth in Q1 consolidated net profit at Rs 53.42 crore. Leading stock exchange BSE on Friday reported a consolidated net profit of Rs 53.42 crore for the first quarter ending June

Top headlines: SAIL posts Rs 3,897 cr profit in Q1; Amazon's big win in SC. Business Standard brings you top headlines of the day

MMTC seeks time till August 31 from exchanges for financial results. MMTC said it has requested stock exchanges to extend time limit up to Aug 31 for holding meeting of audit committee and Board of Directors for consideration and approval of audited financial results

Made permanent appointments in compliance with IT rules: Twitter tells HC. The new appointees are employees of Twitter Inc and not the India entity of the microblogging platform, a person familiar with the details said.

Second wave: MahaRERA grants six-month extension to developers till October. The Maharashtra Real Estate Regulatory Authority allowed a six-month relief to builders to deliver projects by accepting their demand for invoking the force majeure clause because of the second wave.

SAIL returns to black; posts Rs 3,897-cr net profit for June quarter. Domestic steel major SAIL on Friday returned to the black, posting a consolidated net profit of Rs 3,897.36 crore for the June 2021 quarter.

Berger Paints India net profit jumps 9-fold to Rs 140 crore in June quarter. Berger Paints India on Friday reported multi-fold jump in its consolidated net profit to Rs 140.48 crore for the first quarter ended June 30

'Not plug and play': Amazon, Flipkart struggle to meet EV goal in India. Delivery giants find there aren't many models available that can be deployed at scale, and what supply there is can't keep up with demand.

Supreme Court rules in favour of Amazon in the Future Retail case. The Court said that an order by a Singapore arbitrator in October which put the deal on hold after finding merit in Amazon's objections was valid

Amazon scores big win as Supreme Court stalls Future's .4 bn retail deal. The Bench of Justices Rohinton Fali Nariman and BR Gavai held that the order of an emergency arbitrator is enforceable in India, under Section 17(2) of the Arbitration Act

Tata Chemicals shares zoom nearly 10%; hit 52-week high after Q1 earnings. Shares of Tata Chemicals on Friday jumped nearly 10 per cent after the company reported a multi-fold jump in consolidated net profit for the June quarter. The stock gained 9.70 per cent to its 52-week high of Rs 844 on BSE. On NSE, it jumped 9.71 per cent

toothsi raises mn in Series B funding round led by Eight Roads Ventures. The company had earlier raised million as part of its Series A funding in January this year

Tea companies may post better returns than 2019 despite drop in prices. Last year, companies reported higher profits even on lower volumes due to a rally in tea prices. But the fall in prices seen from June may impact margins

Chiratae Ventures closes fourth fund at 7mn, oversubscribed by 25%. Chiratae has invested in more than 100 deals since inception in 2006, delivered two IPOs, four unicorns while completing 38 exits with a record 8 consecutive yrs of capital distribution to investors

Future Retail says will exercise available remedies in law in Amazon row. SC on Friday ruled that the order of Singapore emergency arbitrator that halted the .4 billion Future-RIL deal is enforceable in India

Mahindra & Mahindra Q1 consolidated net loss after tax at Rs 332 cr. Mahindra & Mahindra on Friday reported a consolidated net loss after tax from continuing and discontinued operations at Rs 331.74 crore in the first quarter ended June 30. The company had posted a consolidated net profit after tax from continuing and disco

Voltas Q1 net up nearly 50% to Rs 122 cr; revenue up 36% to Rs 1,860 cr. The Tata group firm had posted a consolidated net profit of Rs 81.77 crore in the April-June quarter last fiscal, Voltas said in a regulatory filing.

Does Future Group's poor FY21 show mean end of the road for Kishore Biyani?. Financials fall due to Covid lockdowns, group posts Rs 5,943 cr loss on Rs 11, 723 cr sales

Sonu Sood launches rural B2B travel tech platform Travel Union. With a mission to support, digitally empower and build a leading travel agent community in rural India at zero investment, the firm aims to be the largest rural digital travel services platform

Hindalco posts consolidated net profit of Rs 2,787 cr in June quarter. Hindalco Industries Ltd on Friday reported a consolidated profit after tax of Rs 2,787 crore for the quarter ended on June 30, 2021.

Post fundraise, bicycle sharing startup MyByk eyes public transport linkage. Looks to partner with state govts in its endeavour to transform into a Mobility as a Service (MaaS) platform

Tata Power's net profit zooms 74% to Rs 466 cr in June quarter. Total income during April-June 2021 increased to Rs 10,145.89 crore, compared with Rs 6,540.42 crore in the year-ago period.

State-owned Nalco's first quarter profit soars to Rs 348 crore. The company had reported a consolidated profit of Rs 16.69 crore in the year-ago period.

Mahindra Group to financially compute impact its on society: Anand Mahindra. Mahindra and RIL are two Indian firms that joined 61 other global firms to commit to the core Stakeholder Capitalism Metrics released by IBC at the World Economic Forum this Jan

Eat Better raises undisclosed funding from GetVantage to fuel expansion. The funds will be invested to fuel expansion by focusing on marketing and new product launches in the coming months

India's laundry market expected to grow to billion by 2025: RedSeer. As seen after Covid, there is significant adoption of online services with more users transacting online, which is favouring the overall growth of online services.

Adani Transmission reports 22% rise in first quarter net profit. Net profit for the April-June quarter was at Rs 433.34 crore.

Latest stock market News for tomorrow Access previous news reports: 1086108710881089109010911092109310941095109610971098109911001101110211031104

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