NSE share market NEWS tomorrow (05 August, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (05 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 05 August 2021
Cholamandalam Investment was amongst the top gainers, currently trading at 539.65 in NSE with 2.725 times change in volumes and 4.452% change in price. Other gainers included Bharti Airtel with 4.231% price change and 3.32 times volumes, Supreme Industries with 4.124% price change and 2.425 times volumes, Steel Authority with 3.999% price change and 1.408 times volumes, and Laurus Labs with 3.827% price change and 3.206 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.
Odisha Cement was amongst the top losers, currently trading at 1939.40 in NSE with 1.243 times change in volumes and -4.749% change in price. Other losers included Idfc First with -3.92% price change and 2.321 times volumes, Bosch with -3.747% price change and 0.645 times volumes, Bharat Dynamics with -3.695% price change and 0.568 times volumes, and Indian Bank with -3.425% price change and 1.023 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.
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.
Delhi court sends Avantha promoter Gautam Thapar to one-day ED custody. A Delhi court on Wednesday sent Avantha Group promoter Gautam Thapar to one-day custody of the Enforcement Directorate in connection with a Rs 500 crore money laundering case. Thapar was arrested on Tuesday night after the agency carried out raids against
Tata Steel BSL posts Rs 2,478-crore consolidated net profit for June qtr. Tata Steel BSL Ltd on Wednesday returned to the black, posting a consolidated net profit of Rs 2,478 crore in the quarter ended June 30.
Tata Communications Q1 consolidated net profit grows 15% to Rs 296 crore. Tata Communications on Wednesday posted about 15 per cent jump in consolidated profit at Rs 296.11 crore in the quarter ended June 2021.
Plea for insolvency doesn't get time barred even if filed after 3 yrs: SC. SC ruled that plea by financial creditor won't get time barred even if filed beyond a period of three years from the date of declaration of the loan account as NPA.
Thomas Cook India Q1 consolidated net loss narrows to Rs 93.83 cr. Travel services firm Thomas Cook (India) Ltd on Wednesday reported narrowing of its consolidated net loss to Rs 93.83 crore for the quarter ended June 30, 2021.
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