NSE share market NEWS tomorrow (29 July, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (29 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 July 2021
Hindalco Industries was amongst the top gainers, currently trading at 458.10 in NSE with 4.807 times change in volumes and 10.041% change in price. Other gainers included Coforge with 9.037% price change and 1.587 times volumes, National Aluminium with 8.713% price change and 2.045 times volumes, Tata Steel with 6.857% price change and 2.342 times volumes, and Vedanta with 6.849% price change and 4.227 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.
Power Grid was amongst the top losers, currently trading at 167.40 in NSE with 2.759 times change in volumes and -26.611% change in price. Other losers included Indus Towers with -4.702% price change and 0.508 times volumes, Colgate Palmolive with -4.622% price change and 5.819 times volumes, Suzlon Energy with -4.511% price change and 0.844 times volumes, and Lic Housing with -4.191% price change and 3.83 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.
Jio's Rs 75 entry-level plan may gain as Airtel stops Rs 49 prepaid offer. Telecom operators are aggressively making a bid to push entry-level users to higher-paying plans
RBI cancels licence of Madgaum Urban Co-operative Bank Ltd, Margao. The RBI further said that as per the data submitted by the bank, about 99 per cent of the depositors will receive full amounts of their deposits
Airtel loses 4.6 mn mobile subscribers in May, Jio adds 3.5 mn users: Trai. Both Airtel and Vodafone Idea suffered massive subscriber losses in May.
Crypto startup Vauld raises mn in round led by Peter Thiel's fund. Firm said it has seen 124.4% QoQ growth in AUM from 1Q21 to 2Q21. Vauld will leverage the capital to build its team, aiming to fill at least a hundred new roles and further its global expansion
Demand for freshers to go up 7% points in current quarter: Teamlease. Euphoria is not just limiteded to entry-level talent. Intent to hire at junior levels is also on a positive trajectory, indicating Q2 to be dominated by volume hiring
Public sector lender Union Bank registers 255% growth in profit. Mirroring the trend set by several other PSBs also reporting higher profitability in the current year
Cloud-garage startup Fixcraft raises million in pre-series A round. The brand has already serviced 3,500 customers till date and plans to double the number by the end of the financial year 2021-22
PVR reports Q1 net loss of Rs 219.55 cr due to Covid induced lockdown. PVR Ltd on Thursday reported a consolidated net loss of 219.55 crore for the first quarter ended June 2021, due to a hit on its film exhibition business amid Covid-induced lockdowns
Welspun Corp Q1 consolidated net profit jumps 80% to Rs 97.28 crore. Welspun Corp on Thursday reported an over 80 per cent surge in consolidated net profit to Rs 97.28 crore for the first quarter ended June 30
Jyothy Labs Q1 profit down 20% at Rs 40.20 crore on high input cost. Homegrown FMCG firm Jyothy Labs on Thursday reported 19.61 per cent decline in consolidated net profit at Rs 40.20 crore for June quarter 2021-22 on account of increase in input cost
Raymond Q1 net loss at Rs 157 cr; revenue from operations at Rs 826 cr. The company had posted a net loss of Rs 247.60 crore during the April-June quarter of the previous fiscal, Raymond said in a regulatory filing.
Parle Products tops most-chosen FMCG brand list in India: Report. Homegrown food company Parle Products has emerged as the most-chosen brand among the fast-moving consumer goods (FMCG) companies in the country, according to the 'Brand Footprint' report
Union Bank of India Q1 standalone net profit zooms to Rs 1,181 crore. Union Bank of India reported over three-fold jump in standalone net profit at Rs 1,181 crore for June quarter 2021-22, helped by higher net interest income and improvement in asset quality.
LinkedIn allows staff to work fully remote, removes in-office expectation. By Danielle Kaye
Zensar reveals new logo in first rebranding drive in almost two decades. Rebranding comes on the back of strategic investments in building capabilities that help businesses take disruptive experiences and products to market with velocity
Reliance Jio adds 3.5 million users in May, Vodafone Idea & Airtel lose big. Both Airtel and Vi lost 4.6 million and 4.3 million subscribers, respectively
Nisus Finance to invest Rs 500 crore for stressed and incomplete projects. Fund manager has already roped in an anchor investor that has committed Rs 100 crore for the stressed assets fund called Real Estate Performance Fund
SoftBank-backed Unacademy announces teacher stock options worth mn. Unacademy competes with players such as Byju's, Vedantu, Simplilearn, UpGrad, Amazon Academy, and traditional education institutes
Concor Q1 consolidated net profit jumps multi-fold to Rs 251 crore. State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30.
Tata Teleservices, Zoom partner for unified communication solutions. Telecom operator Tata Teleservices and web-based video conferencing company Zoom on Thursday announced a partnership for unified communications solution for enterprises and individuals.
TVS Motor reports consolidated net loss of Rs 15 crore in first quarter. Its revenue from operations for the quarter grew 142 per cent to Rs 4,689.34 crore
Airtel Africa profit after tax zooms to 2 million in June quarter. Airtel Africa provides telecom and mobile money services and has presence in 14 countries in Africa
GE Healthcare selects 6 Indian startups under 'Cohort 3' programme. Medical technology company GE Healthcare has selected six Indian startups under its 'Cohort 3' programme to help them build and scale up their technologies for their target market segments.
Silence! Audi's electric SUV is now in town: Check details here. This is a vehicle that is top of the charts on the electric category of SUVs, for now
Skincare brand Minimalist raises Rs 110 crore through multiple investors. The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.
Digital taxation: How a consensus-based approach may benefit Indian economy. The government has taken a balanced stance by committing to the multilateral approach for addressing tax challenges of digitalisation
Tata Sons subsidiary to buy 43.3% stake in Tejas Networks for Rs 1,850 cr. Tejas Networks said Panatone and some other companies of the Tata Group would make a public announcement to acquire up to 40.3 million equity shares of Tejas Networks
Biconomy raises $ 9mn in pvt funding round led by DACM, Mechanism Capital. Biconomy was founded in 2019 and to date, it has raised .5 million.
Embassy Office Parks REIT expects demand to bounce back in early FY22. Occupancies may fall 100-200 bps in the coming quarters
Cognizant revises guidance upward to 10%: But can it manage growth?. The company said it is taking all measures to reduce attrition, including compensation adjustments, job rotations, reskilling and promotions and a host of associated engagement activities
SC reserves verdict on Amazon's pleas against Future-Reliance deal. The Supreme Court Thursday reserved verdict on the pleas of e-commerce giant Amazon against the Rs 24,713 crore deal for merger of Future Retail Ltd (FRL) with Reliance Retail
Lodha sells 22-acre land parcel in Palava industrial park to Japanese firm. Palava Industrial and Logistics Park has now emerged as the preferred partner for companies looking for warehousing and industrial space solutions in Mumbai
Beauty startup Nykaa seeks billion valuation in IPO, says report. Company is aiming to file its draft red herring prospectus within the next few days
Amid high attrition rate, Cognizant plans to hire 100,000 people this year. The firm, which had a quarterly attrition rate of 31%, als plans to recruit 30,000 at the graduate level
ArcelorMittal boosts steel outlook as it sees best quarter in 13 years. Steel has surged over the past 12 months, joining a wider commodities boom as producers struggled to meet an unexpectedly strong rebound in demand from the construction and manufacturing industries.
Colgate-Palmolive June quarter PAT up 18% to Rs 233 cr, sales up 12%. Gross margin expanded by 301 bps and 148 bps over previous quarter, reflecting the price hikes taken during April-June.
ArcelorMittal Nippon Steel India EBITDA jumps 450% to 7 million. The company said Q2CY21 crude steel production remained stable at 1.8 million tonnes despite Covid-19 headwinds
Poonawalla Fincorp strengthens top deck with six new appointments. While Rajendra Tathare is Chief Credit Officer, Rashmi Prasad is Head Analytics. Others include Mitul Budhbhatti, Manish Kumar, Surya V and Indiresh Phaltankar
Australia's Fortescue teams up with JSW Energy for hydrogen projects. Fortescue Future Industries (FFI) has signed the agreement with JSW Future Energy for collaborating on hydrogen mobility, green ammonia and their industrial applications in India.
Tech Mahindra Q1 profit jumps 39% YoY to Rs 1,353 crore, beats estimates. The company beat profit expectations by a wide margin as most brokerages had projected the figure to rise between 16-23 per cent YoY
Air India sold its 115 properties for Rs 738 crore since 2015: Govt. The Centre is currently in the process of selling Air India.
UTI AMC first quarter after-tax profit soars 53% to Rs 155 crore. UTI AMC is the investment manager of UTI Mutual Fund.
Tata Power tops Crisil ESG scores for power companies in India. Tata Power on Thursday said it has secured the highest score among its peers in the Indian power sector in rating agency Crisil's recently launched environmental, social and governance (ESG) scores.
LIC Housing Fin Q1 net nosedives 81% to Rs 153 cr on spike in impairment. Total income declined to Rs 4,859.04 crore from Rs 4,977.5 crore a year ago. Sequentially also income fell marginally from Rs 4,964.3 crore in Q4FY21
AAI earned Rs 30,069 cr from joint venture and PPP airports till FY21: Govt. The AAI, which works under the Ministry of Civil Aviation, owns more than 100 airports across the country.
Amazon witnesses biggest Prime Day event for small businesses in India. Customer from 96 per cent pincodes of India place orders during Amazon's Prime Day event
Punjab & Sind Bank reports first quarter net profit at Rs 174 crore. State-owned Punjab & Sind Bank on Thursday reported a net profit of Rs 173.85 crore for the first quarter ended June 30. The bank had posted a net loss of Rs 116.89 crore a year ago. Sequentially, it had registered a net profit of Rs 160.79 crore in the Ma
JSW Energy, Australia's Fortescue Future join hands for green hydrogen. Sign agreement for assessing potential of green hydrogen for green steel making, hydrogen mobility, green ammonia and other industrial applications in India
Tech Mahindra Q1 net up 39.2% YoY to Rs 1,353 cr, revenues rises 12%. Profit rises 25% sequentially on broad-based growth across segments and verticals
Tatva Chintan zooms 113% to Rs 2,310 in highest listing gain this year. Issue price was Rs 903 per share, IPO had garnered 180x subscription
USFDA okays Biocon insulin Semglee as first interchangeable biosimilar drug. Semglee may now be substituted for Sanofi's Lantus by a pharmacist in the US
Should Twitter's new privacy update worry you?. Scheduled to come into effect on August 19, the update essentially provides clarity on some of Twitter's new products, and what data it collects from users
Mortgage firm Easy raises mn in series A, focus on affordable housing. The round was led by private equity firm Xponentia Capital Partners, founded by former Carlyle Group managing director Devinjit Singh
Ashok Leyland draws up EV road map, plans to launch first e-LCV in Dec. Company's EV push will be done through UK-based Switch Mobility - a combined entity of Ashok Leyland's electric CV operations and erstwhile Optare of UK
Google delays return to office until mid-October, mandates vaccines. Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated
Kalaari Capital firm CXXO announces mn seed fund for women founders. Between January 2018 and June 2020, startups led by women founder-CEOs received only 1.43 per cent of the total capital raised in India
Sundaram Home Finance seeks to raise Rs 2,500 cr to fund growth plans. Sundaram Home Finance is a leading player in the housing finance sector and has 107 branches across the country.
TeamLease's Q1 PAT jumps 57%; Ramachandran named non-exec chairman. Its total revenue during the first quarter of the current fiscal jumped 21 per cent to Rs 1,381.3 crore, compared with Rs 1,140.55 crore in the year-ago period.
Tata Coffee first quarter consolidated net down 26% at Rs 46 crore. Consolidated total income dipped by 9 per cent to Rs 538 crore as compared to Rs 592 crore in the same quarter of FY21.
United Breweries Q1 net profit at Rs 31 cr; revenue rises over two-fold. Beer maker United Breweries Ltd on Wednesday reported a consolidated net profit of Rs 30.94 crore for the quarter ended June
IT firm Birlasoft first quarter profit doubles to Rs 113.6 crore. The company had posted a profit of Rs 56.3 crore for April-June 2020
J K Agri Genetics Q1 results: Net profit jumps 20% at Rs 23 crore. J K Agri Genetics Ltd on Wednesday reported a 20 per cent increase in its net profit at Rs 23.04 crore for the quarter ended June
Paytm Payments Bank achieves milestone of issuing 10 million FASTags. Paytm Payments Bank on Wednesday said it has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags. According to NPCI, over 3.47 crore FASTags were issued by all banks together till the end of June 2021. Paytm Payments Ba
Yes Bank, Indiabulls Housing Finance enter co-lending setup for home loans. Yes Bank and Indiabulls Housing Finance have come forward for a strategic co-lending tie-up to source and service home loans
BSNL LoI given to 5 local telcos for participation in 4G tender. According to a BSNL notice issued in January, the company had proposed to test the quality of Indian telecom equipment before letting them participate in the 4G tender to be floated by the company.
JM Financial June-qtr consolidated net jumps 117% to Rs 203 crore. JM Financial on Wednesday reported a consolidated net income of Rs 203.14 crore for the quarter to June, up 117 per cent over the same period in 2020, primarily on account of a low base
Short video space in India poised for growth, says RedSeer research. TikTok had a monthly active user base of 170 million (DAU) in India when it was banned
Paytm's DRHP: User numbers to GMV growth, here're 10 things you can't miss. Paytm continues to have market leadership by transaction volume
Report withdrawn. A report published in Business Standard on July 9, 2021, is being withdrawn due to an inadvertent error
Billionaire investor Rakesh Jhunjhunwala eyes 70 aircraft in 4 years. To invest Rs 260 crore for a 40% stake in low-cost airline
Century Textiles and Industries stock rises 16.6% after Q1 earnings. The firm posted a profit of Rs 25 crore in Q1 FY22 as against a loss of Rs 36 crore in Q1FY21
Happiest Minds Technologies June quarter profit declines by 29%. IT firm Happiest Minds Technologies Ltd has reported a nearly 29 per cent decline in consolidated net profit to Rs 35.73 crore in the June 2021 quarter.
Rating firm Icra Q1 consolidated net profit surges 43% to Rs 24.34 crore. Rating firm Icra on Wednesday reported a 43 per cent jump in its consolidated net profit to Rs 24.34 crore for the first quarter ended June 30.
Embassy Office Parks REIT hopes demand will bounce back in early FY22. Request for proposals for nine million square feet of office space are active in the market, said Vikaash Khdloya, deputy CEO at the REIT
Sonata Software to acquire Encore Software to boost cloud services. Sonata Software on Wednesday said it will acquire US-based IT services company Encore Software Services, a move that will enhance its capabilities in cloud engineering, application development and maintenance and data management. In a regulatory filing, So
Maruti Suzuki Q1 profit falls 62% as Covid-19 hits output, sales. Commodity super cycle to hit margins, says carmaker
Route Mobile's profit after tax jumps 27.4% to Rs 34.32 cr in June quarter. Route Mobile on Wednesday posted a 27.44 per cent jump in consolidated profit after tax to Rs 34.3 crore for the first quarter ended June 30, 2021, according to the company's regulatory filing.
Jet Airways: Staff grouping seeks Scindia's intervention to resolve issues. A grouping of Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to the resolution plan of the Jalan Kalrock Consortium, which has emerged as the winning bidder for the defu
IL&FS floats EOI from investors for selling 100% stake in wind farm project. Infrastructure Leasing and Financial Services (IL&FS) on Tuesday invited expressions of interest (EOI) from eligible investors for its 100 per cent stake in Ramagiri Renewable Energy Ltd (RREL) and purchase of fixed assets of IL&FS Energy Development Compa
ShareChat, Moj valued at .88 billion in 5-million fundraise. Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund
DRL stock falls 10% after missing Q1 estimates, probe by US SEC. The stock fell 10.4 per cent to Rs 4,844.35 (hitting the lower circuit) on Tuesday after reporting lower-than-expected quarterly earnings for Q1FY22
Kirloskar feud: Supreme Court calls for resolution through mediation. The Supreme Court Tuesday ordered status quo in the Kirloskar Brothers Ltd family feud related to assets wherein KBL's CMD Sanjay Kirloskar has challenged the Bombay High Court order directing arbitration in the case. The apex court's status quo will also
GMR, Groupe ADP likely to jointly bid for future airport projects. Two companies have finalised a business agreement under which both will collaborate on multiple sectors
GVK promoter buys Jubilee Hills house for Rs 23.15 crore. This, local brokers said, was a fair market price
Vijay Mallya's bankruptcy: What it means for fugitive businessman, lenders. As per British law, a bankruptcy trustee takes charge of a bankrupt person's financial and physical assets
Nestle India Q2 preview: Net profit could rise up to 20% YoY, say analysts. Better supply chain compared to base quarter would lead to strong sales in products such as Maggie, Kit Kat, and infant products, brokerage Sharekhan said
Four funds invested in Adani firms have history of bets gone wrong: Report. The Mauritius-based funds invested in firms that ended up defaulting or were investigated for wrongdoing.
WhatsApp to allow users to prioritise their most important chats. Starting Tuesday, WhatsApp is rolling out new settings for archived chats which will give users more control over their inbox and more ways to organise the Archived Chats folder
Data breaches cost Indian companies Rs 165 mn, rising 18% from 2020: Report. Breaches worldwide cost companies .24 million per incident on average, says an IBM study.
India's Droom aims to list on Nasdaq, valuation crosses .2 billion. Online automobile marketplace expects to benefit from customers looking to own vehicles, avoid public transport.
Airtel raises minimum prepaid plan to Rs 79, offers more usage time. Company is the first to raise tariffs and its rivals are likely to follow suit, say experts.
Gupshup raises additional 0 mn to expand global footprint. The new funding round follows the 0 million raise from US-based investment firm Tiger Global in April at a .4 billion valuation.
Walmart's Flipkart asks India's top court to stall antitrust queries, probe. Flipkart told the Supreme Court the details sought reinforced its fear of the "invasive nature" of the investigation, and asked it to put on hold both the information request and the overall probe
Rakesh Jhunjhunwala plans 70 planes for new ultra-low cost airline. The billionaire investor, who is considering investing million and would own 40% of the carrier, expects to get a no-objection certificate from India's aviation ministry in the next 15 days
AR-based social media platform Flam raises .5mn led by Inventus Capital. Flam brings AR to consumers with FlamCards that print videos on card
Messaging firm Gupshup raises 0 mn from existing and new investors. This funding round follows the 0 million raise from Tiger Global in April, at a .4 billion valuation. Gupshup's valuation remains unchanged post the current round
Ola rewards employees with Rs 400-cr stocks, expands ESOP pool to Rs 3k cr. The initiative by the SoftBank-backed mobility firm is aimed at long term meaningful wealth creation in the run up to IPO.
IDBI Bank's net profit soars 318% YoY to Rs 603 cr in June quarter. Net interest income of the lender jumped 41% YoY to Rs 2,506 crore but sequentially it was down 23%
Skymet raises Rs 12cr in debt funding from Northern Arc, Caspian Impact. According to Allied Market Research, need for more accurate prediction has unleashed a wider domain for the global weather forecasting market to grow from .2 bn in 2016 to .7 bn by 2023
Maruti Suzuki reports lower-than-expected net profit of Rs 441 crore in Q1. Sequentially, the profit declined 62.19 per cent from Rs 1,166.1-crore profit reported in the March quarter of FY21 as auto sales remained disrupted due to localised lockdown during April & May
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