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NSE share market NEWS tomorrow (06 August, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 August 2021

Idea Cellular was amongst the top gainers, currently trading at 7.10 in NSE with 0.587 times change in volumes and 19.328% change in price. Other gainers included Aditya Birla with 7.35% price change and 5.041 times volumes, Adani Enterprises with 7.282% price change and 6.772 times volumes, Inox Wind with 5.737% price change and 1.269 times volumes, and Gail India with 4.094% price change and 3.255 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.

Kalyan Jewellers was amongst the top losers, currently trading at 66.85 in NSE with 11.628 times change in volumes and -5.646% change in price. Other losers included Cipla with -3.607% price change and 2.418 times volumes, Ambuja Cements with -3.581% price change and 2.403 times volumes, Computer Age with -3.532% price change and 1.662 times volumes, and Pi Industries with -2.632% price change and 0.492 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.

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.

Aditya Birla Capital reports highest ever quarterly net profit at Rs 302 cr. The company had posted a net profit of Rs 198 crore in the year-ago period.

Flipkart expands warehousing network in Gujarat to support local sellers. The new facilities are in Ahmedabad and Surat, and are collectively spread across an area of 500,000 sq ft, helping create over 5,000 direct and indirect local jobs in the state

State-owned BSNL, MTNL narrow losses, reduce liabilities in 2020-21. State-owned telecom firms BSNL and MTNL have narrowed their losses and reduced liabilities in 2020-21, Parliament was informed on Thursday

Cholamandalam Financial Holdings reports Q1 consolidated PAT at Rs 357 cr. Cholamandalam Financial Holdings Ltd (CFHL) has recorded a consolidated profit after tax for the quarter ending June 30, 2021 atRs 357 crore, the company said on Thursday.

Tata Chemicals consolidated first quarter net surges to Rs 342 crore. The firm was helped by a rebound in soda ash volumes in the US and India.

Cipla's Q1 PAT grows 24% to Rs 715 crore riding on domestic sales. The company posted a 27% YoY increase in income from operations, at Rs 5,504 cr. Ebitda grew 28% to Rs 1,346 cr with a resulting Ebitda margin of 24.5%

Square Yards Q1 gross profit up 14% to Rs 32cr; revenue up 50% to Rs 101cr. Real estate consultant Square Yards on Thursday said its gross profit rose 14 per cent to Rs 32.2 crore, while revenue was up 50 per cent to Rs 100.8 crore for the quarter ended June. Square Yards, which is into property brokerage and mortgage businesses,

Airtel partners with Google Cloud, Cisco to launch Airtel Office Internet. Bharti Airtel on Thursday announced the launch of 'Airtel Office Internet'

DoT issues LoI to Bharti's OneWeb for satellite services licence. The Department of Telecommunications (DoT) has issued a letter of intent (LoI) to Bharti group-backed OneWeb for satellite services in India, according to an official source

Adani Power post PAT of Rs 278 cr in Q1FY22 versus Rs 682 loss a year ago. Receives LoI for acquiring Essar Power MP from Resolution Professional

Delhi Court sends Avantha Group promoter Gautam Thapar to 10-day ED custody. A Delhi court on Thursday extended by ten days the custodial interrogation of Avantha Group promoter Gautam Thapar, arrested by Enforcement Directorate in connection with a Rs 500 crore money laundering case. Special Judge Sanjeev Aggarwal extended Thapar'

With PV Sindhu mulling legal action, moment marketing faces moment of truth. Brands confronted with the question of what's acceptable and what isn't

CII ties up ITC Hotels to launch vocational education in hospitality sector. Industry body CII on Thursday said it has partnered with ITC Hotels to launch vocational education training by Switzerland-based hotel school EHL in the hospitality sector.

Kia takes less than 2 years to cross 300,000 cumulative sales mark in India. Kia India on Thursday said it has become the quickest brand in the country to cross three lakh cumulative sales mark in the country.

Move to do away with infamous retro tax will boost investment sentiments. The Bill now introduced in the Parliament proposes to provide that no tax demand shall be raised on indirect transfers effected prior to 28th May 2012

West Bengal government to review pending IT projects in state licon. The West Bengal government will hold a meeting with IT executives to review the pending projects in the state, IT and Industry minister Partha Chatterjee said on Thursday.

Indiabulls Housing Fin posts 3.3% rise in Q1 net profit to Rs 282 cr. Mortgage financier Indiabulls Housing Finance on Thursday reported a marginal 3.3 per cent growth in its profit after tax at Rs 282 crore for the first quarter ended June 30, helped by a lower cost of funds. The lender had reported a profit after tax of Rs

SoftBank Group funding turns India start-up Mindtickle into unicorn. The latest funding takes the total capital raised to 1 million, including a 0 million round last November that was also led by SoftBank

Over 200 tests for every batch: Bharat Biotech on Covaxin quality concern. Each batch of the vaccine was subjected to more than 200 quality control tests at its facilities, followed by submission samples to CDL. Only based on approval by CDL are batches released commercially

Swiggy commits to increase deployment of electric vehicles by 2025. The food aggregator looks to operate more sustainably

Arvind Ltd's Q1 loss narrows to Rs 11 cr from nearly Rs 100 cr a year ago. Better show on account of growth in exports and signs of recovery in domestic markets

Low provisions, stable NII: Here's what may drive Bank of Baroda's Q1 PAT. The state-owned lender, which had reported net loss of Rs 864 crore in Q1FY21 and Rs 1,046.5 crore in Q4FY21, is expected to report up to Rs 1,633.3 crore-net profit on Saturday, August 7

Aurobindo Pharma channelising efforts to commercialise Covid-19 vaccine. The Hyderabad-based drug major is looking to develop products with higher complexity, focus on injectables business and expand business in high growth markets like China.

Swiggy aims to cover 800,000 km per day on electric vehicles By 2025. The food delivery giant has announced the commencement of trials that will increase the deployment of EVs (electric vehicles) in its delivery fleet.

Ahead of Q1 results, Tata Steel rallies on rare double ratings upgrade. An improving balance sheet is aiding the bullish sentiment as Tata Steel joins scores of Indian corporates who are using record-low interest rates to trim their liabilities.

Flipkart adds 4 supply chain facilities in Guj, create over 5,000 jobs. The new facilities are located in Ahmedabad and Surat

Reliance BP Mobility bets on EV battery swapping with Swiggy's fleet. RBML is also actively partnering with top OEMs, tech, and platform players for setting up fixed charging stations with a format-specific approach for cars (B2B fleets and B2C consumers) and buses

Zomato sets up payments aggregator in compliance with RBI guidelines. The company's Red Herring Prospectus in July had mentioned this development; the wholly-owned arm has an initial capital of 10,000 equity shares of Rs 10 each

Amazon opens fulfilment centre with 600,000 cubic ft storage in Telangana. Expands existing facility; the e-commerce firm has launched its 5th fulfilment centre in the state

Adidas hit by China boycott of Western brands, Vietnam factory closures. The German sportswear company still raised its outlook for full-year sales

Escorts posts nearly two-fold jump in Q1 net profit at Rs 178.45 cr. The company had posted a consolidated net profit of Rs 92.58 crore in the same quarter previous fiscal, Escorts Ltd said in a regulatory filing.

Adani Transmission net up nearly 22% at Rs 433 cr in April-June quarter. The rise of profit was mainly on the back of higher revenues

GAIL consolidated Q1 profit up more than three-fold at Rs 2,157 crore. Consolidated total income stood at Rs 17,702.43 crore during the quarter ended June 30, 2021, up from Rs 12,339.12 crore in the same months of financial year 2020-21

Kumar Mangalam Birla steps down from Vodafone Idea board after stake offer. Birla Group Chief Financial Officer Sushil Agarwal has been named additional director on the Vi board

Finance concierge start-up Zeni raises mn to help firms manage finances. Existing investors Saama Capital, Amit Singhal, Sierra Ventures, Twin Ventures, Dragon Capital and Liquid 2 Ventures also participated in the round

In compliance with Indian laws, will cooperate with ED on notice: Flipkart. Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major.

Shipping Corp Q1 net profit declines nearly 53% to Rs 158.51 crore. State-owned Shipping Corporation of India Ltd (SCI) has reported a 52.94 per cent decline in consolidated net profit to Rs 158.51 crore for the first quarter of the current fiscal.

Bosch reports consolidated net profit of Rs 260 cr in Q1. The company had reported a net loss of Rs 121 crore during the April-June quarter of the previous financial year.

Adani Green posts 10x increase in profit to Rs 219 crore in Q1FY22. The total income of the company increased to Rs 1,079 crore in the first quarter from Rs 878 crore in the same period a year ago

IRCTC's payment gateway gains traction, handles 125,000 transactions daily. IRCTC introduces Autopay feature to ensure more reliable ticket booking

Transport Corporation of India PAT zooms 10-fold to Rs 47 cr in Jun quarter. Logistics firm Transport Corporation of India (TCI) has reported a 10-fold jump in consolidated profit after tax (PAT) to Rs 47.47 crore for the quarter ended June 30, 2021.

IBM to set up software lab in Kerala; CM hails decision. The announcement came a day after VM Vijayan, IBM India Managing Director Sandip Patel, VP, discussed the role of technology in accelerating states digital mission in a virtual meeting.

Carlsberg's India partner demands governance overhaul. Nepal-based Khetan Group and Carlsberg have been embroiled in a row since 2019 over how Carlsberg India has conducted internal inquiries into its business practices.

Conversational AI firm yellow.ai raises .15 mn in Series C round. The company's AI-powered bots deliver automated customer experience on over 35 chat and voice channels, across more than 100 languages, handling over a billion interactions every quarter

RIL doubling PET recycling capacity, enhance circular economy footprint. India's largest private sector company said the move is part of its commitment to lead the industry on circular economy, enhance its sustainability quotient

Kumar Mangalam Birla steps down as non-executive chairman of Vodafone Idea. Himanshu Kapania, currently a non-executive director, has been appointed as non-executive chairman

Godrej Consumer Q1 net profit rises 5% to Rs 414 cr; revenue up 24%. Its net sales during April-June jumped 23.87 per cent to Rs 2,862.83 crore, compared with Rs 2,311.17 crore in the year-ago period, GCPL said in a BSE filing.

India needs 3 pvt players in telecom; hope govt offers support: Airtel CEO. KM Birla had in June this year offered to hand over group''s stake in debt-laden Vodafone Idea Ltd to government or any other entity to ensure that company remains a going concern.

Titan back in black in Q1FY22, posts consolidated net profit of Rs 18 cr. Total income during the quarter under review stood at Rs 3,519 crore. It was Rs 2,020 crore earlier, Titan said in a regulatory filing.

Apollo Tyres consolidated net profit net profit at Rs 128 cr in Q1. Revenue from operations for the quarter stood at Rs 4,584 crores, as against Rs 2,882 crore in the Q1 of 2020-21.

Adi Godrej to step down from GCPL board in Aug; remain as Chairman Emeritus. Veteran industrialist and Godrej Group Chairman Adi Godrej will step down from the board of Godrej Consumer Products Ltd (GCPL) next month.

Carlyle affiliate to offload entire 1.9% stake in SBI Life Insurance. The price range for the share sale has been set at Rs 1,130 -Rs 1,136.85

HPCL's Q1 net dips 11% to Rs 2,003 cr, income up 66% to Rs 77,980 cr. During the quarter, HPCL sold 8.83 million tonnes of fuel overall against 7.62 million tonnes a year ago, representing a growth of 15.9%

Japan's Mitsui to invest over mn in Punjab Renewable Energy Systems. Mitsui & Co Ltd on Wednesday said it will invest Rs 30 crore (USD 4.1 Million) in Punjab Renewable Energy Systems Pvt Ltd (PRESPL), one of the leading biomass supply-chain management companies in India. PRESPL is involved in the collection, storage and pro

Karan Bajaj, who sold WhiteHat Jr to Byju's for 0 mn, decides to move on. Hands over baton to Trupti Mukker, a top executive at WhiteHat Jr and his classmate from IIM-Bangalore

IBM expands Kerala footprint with software lab focused on hybrid cloud, AI. The expansion is aligned to IBM's vision to shape the future of software development through open, secure, decentralised architecture that helps clients automate, secure, modernise and predict

Riding on revenge travel, Mahindra Holidays to add 1,500 rooms in 3 years. The Mahindra Group hospitality arm plans to invest Rs 1,000-1,200 crore

Adani Total Gas's net profit jumps three-fold to Rs 138 cr in Jun quarter. Adani Total Gas Ltd, the city gas joint venture between Adani Group and TotalEnergies of France,reported a three-fold jump in its June 2021 quarter net profit to Rs 138 crore, as sales volumes soared.

Kesoram scraps preferential allotment, plans rights issue. The decision was taken in deference to the views and intent expressed by a cross section of shareholders

New players take lead in commercial coal auction. Prakash Industries quoted a premium of 55.7% for Bhaskarpara mine in Chhattisgarh, the highest bid of the day

Banks to discuss next course of action on debt-laden Vodafone Idea. Lenders to Vodafone Idea (VIL) are expected to hold talks to decide on the future course of action with regard to their exposure to the debt-laden telecom player which is struggling to stay afloat

Dr Reddy's to sell US, Canada territory rights for migraine drug to BDSI. Drug firm Dr Reddy's Laboratories on Wednesday said it has entered into a definitive agreement with BioDelivery Sciences International, Inc., to sell its US and Canada territory rights

Thriwe earmarks mn for acquisitions, to buy Alliances Galore. B2B consumer benefits marketplace Thriwe said it has earmarked million for buyouts and is looking at acquiring 3-4 strategic assets in the next 18 to 24 months to drive business growth.

Latest stock market News for tomorrow Access previous news reports: 1087108810891090109110921093109410951096109710981099110011011102110311041105

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NSE share market NEWS tomorrow (06 August, 2021). NSE stocks in NEWS (tomorrow)

 

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