NSE share market NEWS tomorrow (27 July, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (27 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 July 2021
Inox Wind was amongst the top gainers, currently trading at 121.25 in NSE with 1.562 times change in volumes and 9.382% change in price. Other gainers included Apl Apollo with 8.757% price change and 4.93 times volumes, Manappuram Finance with 7.795% price change and 4.442 times volumes, Jsw Energy with 4.792% price change and 0.817 times volumes, and Hindalco Industries with 4.324% price change and 3.987 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.
Dr Reddy was amongst the top losers, currently trading at 4843.35 in NSE with 31.421 times change in volumes and -10.495% change in price. Other losers included Glenmark Pharmaceuticals with -6.011% price change and 1.92 times volumes, Lupin with -5.133% price change and 3.551 times volumes, Aurobindo Pharma with -4.975% price change and 4.096 times volumes, and Suzlon Energy with -4.795% price change and 2.332 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.
Mamata govt contacted me soon after returning to power: Anil Agarwal. Vedanta chairman Anil Agarwal on Monday said the Mamata Banerjee government had contacted him within a fortnight of her party's return to power for investments in West Bengal
Aptus Value Housing, CarTrade, 4 others get Sebi's go-ahead to float IPO. As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead to float initial share-sales. The other firms that received the regulator's nod are-- Krsnaa Diag
Tesla beats profit and revenue estimates, delays Semi launch; shares up 1%. Tesla posted a profit of .45 per share, easily topping analyst expectations for a profit of 98 cents per share
e-Nexon to contribute 5% of company's PV sales soon: Tata Motors CFO. Firm plans to launch 10 electric vehicles by 2025, N Chandrasekaran, chairman, Tata Motors said in a letter to shareholders
Eye on revenue growth, Vodafone Idea revises plans for corporate customers. The new plans are aligned with those of Bharti Airtel, which tweaked its tariff last week
Govt should take control of Vodafone Idea, says Deutsche Bank report. The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase
GlaxoSmithKline Pharma Q1 net profit up 9% at Rs 121 crore. Drug firm GlaxoSmithKline Pharmaceuticals on Monday reported a 9.24 per cent rise in consolidated net profit to Rs 121.08 crore for the quarter ended June 30, 2021.
Biocon partners Adagio for licence to make Covid-19 antibody cocktail. Treatment claims to address the resistant Delta variant as well
Equitas Holdings, Equitas SFB get board, shareholders nod for amalgamation. The board of directors and shareholders of Equitas Holdings Ltd (EHL) and Equitas Small Finance Bank (ESFB) on Monday approved the amalgamation scheme of the two companies.
Swift raises .2 mn in pre-Series A funding led by Kalaari Capital. Funds will be used to scale engineering efforts and simplify complex business workflows across checkout, payments and fulfilment
Flipkart Ventures, Tiger Global invest in Thrasio-style venture G.O.A.T. G.O.A.T was founded by Rameswar Misra and Rishi Vasudev, a veteran retail executive, who previously headed Flipkart's fashion business.
Philips beats earnings forecast; mobilises for respiratory device recall. The group also announced a 1.5 billion euro share buyback set to start in the third quarter and take up to three years.
NTPC bags 325 MW solar projects at Shajapur Solar Park in Madhya Pradesh. The NTPC has set a target to install 60 GW of renewable energy capacity by 2032.
Kotak Mahindra Bank Q1 consolidated net profit falls 2.5% to Rs 1,806 cr. The drop is largely on account of Kotak Mahindra Life Insurance posting a net loss of Rs 243 cr on shareholders' account due to higher death claims following the second Covid wave
Moglix completes mn ESOP buyback with 25% sale option for staffers. The company says it has expanded ESOP pool by million to include more than 300 employees under the programme
Auto component industry revenues to grow by 20-23% in FY22: Icra. Indian auto component industry is expected to post 20-23 per cent revenue growth in the current fiscal aided by strong exports and recovery in the domestic market, as per rating agency Icra.
Byju's on an acquisition spree, buys Great Learning for 0 mn. The edtech decacorn has now spent over billion for acquisitions over the last six months
Govt says 16,527 companies struck off during April 2020-June 2021 period. The Minister of State for Corporate Affairs said that terms such as 'shut down' or 'closed unit' or 'corporate unit' are not defined under the Act.
SoftBank-backed Unacademy acquires game streaming platform Rheo TV. Unacademy will fully acquire Rheo TV and enable exit of all existing investors; deal value not disclosed
Tata Motors posts higher-than-expected loss in Q1 at Rs 4,451 cr. The revenue from operations of the auto major more than doubled to Rs 66,406 crore in the June quarter
SBI Life net profit drop 43% YoY in June due to higher Covid provisions. The insurer's claims rose 1.28x by volume from FY21 to Q1FY22. In Q1, it has settled 8,956 covid claims, amounting to Rs 570 crore
M&M Finance suffers huge Q1 loss at Rs 1,529 cr on sharp rise in provisions. Makes expected credit loss provision of Rs 2,124 cr
Govt paid Rs 164.5 cr to Infosys for new I-T portal: Chaudhary. The government paid Rs 164.5 crore to Infosys to build the new income tax e-filing portal between January 2019 and June 2021, Parliament was informed on Monday. "The contract for Integrated e-filing & Centralized Processing Centre (CPC 2.0) Project was awa
Axis Bank Q1 results: Net profit rises 94% to Rs 2,160 cr; NII up 11%. The net interest income (NII) of the lender rose 11 per cent Rs 7,760 crore
United Spirits, part of Diageo, exits liquor delivery firm Hip Bar. Hip Bar Pvt Ltd had a turnover of Rs 50 lakh in the financial year ended March 31, 2020 and its net worth was Rs 7.76 crore.
L&T Q1 Results: Consolidated net profit soars 287% YoY to Rs 1,174 cr. The consolidated order book of the group was at Rs 3.23 trillion as on June 30, 2021, with international orders at 20% of the total order book
Vedanta first quarter after-tax profit jumps four-fold to Rs 4,280 crore. As of June, net debt of the company was at Rs 20,261 crore
DLF posts Rs 337.17 cr profit in June quarter, revenue jumps to Rs 1,242 cr. DLF is the country's largest real estate firm in terms of market capitalisation.
Vedanta consolidated Q1 PAT up four-fold at Rs 4,224 cr on revenue spike. Top line up 79% YoY at Rs 28,105 cr; lower base also spurs annual surge in bottomline
HDFC AMC to broad-base its equity portfolio over next few quarters. Despite being one of the top players in the industry, HDFC AMC has witnessed a drop in market share in the past year
SATS to establish Rs 210 cr central kitchen in India at Bengaluru airport. SATS is a food solutions and gateway services provider
Oil companies now have 1,607 door-to-door fuel pumps: Petroleum Ministry. Till now door step delivery of fuel has been restricted to diesel because it is considered less volatile and hence safer than petrol
DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago. Both net profit and sales, however, fell sequentially
Axis Bank Q1 net up 94% YoY at Rs 2,160 cr on sharp dip in provisions. Non-interest income up 39% to Rs 3,588 cr, with fee income growing at 62% to Rs 2,668 cr
After Airtel, VIL also lines up new postpaid plans for corporate users. The plans include Rs 299 (30GB data quota), Rs 349 (40GB data quota), Rs 399 (60 GB data quota), Rs 499 (100GB data quota).
KPIT Technologies Q1 net up 2.5 times YoY to Rs 60 cr, revenue up 15%. Firm silent on attrition rate during the quarter, though it does see it rising before stabilising
No new debt scheme till SAT decides our plea, Franklin Templeton tells SC. Franklin Templeton Asset Management told the Supreme Court on Monday that it will not launch any new debt scheme till SAT decides its appeal against market regulator Sebi's order
L&T Q1 consolidated net surges four-fold at Rs 1,174 cr on higher revenue. The company's topline in the period under review stood at Rs 29,334.73 crore, up 38% from the same period last year
Alembic Pharma posts 45% dip in Q1 net at Rs 165 cr amid price erosion. Firm's consolidated revenues from operations also fell marginally to Rs 1,326 cr in Q1FY22, from Rs 1,341 crore a year ago
Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows. Business Standard brings you the top stories of this evening
Tata Motors posts Rs 4,450 cr loss in June qtr as chip shortage takes toll. The company's UK subsidiary expects Q2 to be worse, sees recovery only in the second half of FY22
Sebi levies Rs 40 lakh fine on B P Equities, others for violation of norms. Sebi levied a total fine of Rs 40 lakh on B P Equities Pvt Ltd, Jamson Securities Pvt Ltd and an individual for violation of market norms while dealing in the scrip of Ruchi Soya Industries Ltd
Jindal Stainless reports Rs 271-cr profit for Q1; announces expansion plan. Jindal Stainless Ltd (JSL) returned to black in the April-June quarter, posting a net profit of Rs 271.42 crore on the back of a significant rise in income
Biocon Biologics gets licence from Adagio for antibody Covid treatment. Initial data indicate that ADG20 could provide both rapid and durable protection against Covid-19 for up to one year
Biocon likely to seek full marketing authorisation for Covid-19 drug. Expects results from phase 4 study of itolizumab by end of this quarter
Bizongo scales to 0 mn in annualised revenue, nears profitability. Bizongo is backed by investors such as Schroder Adveq, CDC Investment, AddVentures, Chiratae Ventures, IFC, Accel and B Capital Group
16 unicorns, bn funding: Indian startups rise sans Chinese money. The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.
Companies struggling to manage reporting on climate risks, says report. Businesses are finding it hard to manage reporting on climate risks and need to take urgent steps to meet the expectations of regulators as well as investors, according to a report.
3one4 Capital to fully tie up commitment for over 0 mn fund this quarter. 3one4 Capital, an early stage venture capital firm that primarily invests in tech companies -- expects to fully tie up commitments for its latest fund of over 0 mn corpus during current quarter.
Simpliwork Offices plans to raise -60 mn to expand business. Realty firm Salarpuria Sattva's co-promoted Simpliwork Offices plans to raise -60 mn as equity to expand business in India and enter into overseas markets
E-com giant Amazon may soon allow digital currency as payment mode. Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team.
IFC lends USD 250 mn to HDFC to promote affordable green housing finance. International Finance Corporation, a private sector investment arm of the World Bank Group, has decided to provide loan of 0 million to promote affordable green housing finance
JSPL receives revised Rs 7,401-cr offer from Worldone Pvt for Jindal Power. JSPL on Sunday announced it has received a revised offer of Rs 7,401 crore from Worldone Private Limited for divestment of its subsidiary company Jindal Power Limiter (JPL).
Reliance to start natural gas production from MJ field in Oct-Dec 2022. Reliance Industries Ltd will start natural gas production from MJ field - the third that the firm is developing in the eastern offshore KG-D6 block in last quarter of 2022 to raise overall output
As demand recovers, Ceat lines up investments to scale up production. Tyre major Ceat is aiming at increasing production capacity to around 1,400 tonne a day over next18 months as it looks to cater to enhanced demand in both domestic and export markets
Finance Ministry suggests extending terms of CEOs, EDs at state-owned banks. Leaders of Punjab National Bank, UCO Bank and Bank of Maharashtra likely to get more time at their jobs.
IFC lends 0 million to HDFC Ltd to boost green housing finance. Green housing is regarded as a luxury market in the country, but has climate benefits. IFC said its partnership with HDFC would help change perceptions about the market.
JSPL gets revised Rs 7,401-cr offer from Worldone for group's power unit. In April, JSPL divested 96.42 in JPL to Worldone for Rs 3,015 crore
Majesco to acquire 51% stake in Pune-based K2V2 for Rs 40 crore. Real estate developer Aurum Ventures has acquired majority stake in Majesco earlier this year
Developers continue to offer incentives to attract homebuyers: Anshul Jain. Office vacancies will rise in the interim owing to some new supply hitting the market in the second half of the year, says MD (India & South East Asia), Cushman & Wakefield
L&T Q1 Preview: Net profit may slide up to 60% QoQ, say analysts. Here's what leading brokerages expect from the infra major's Q1 results
Tata Motors Q1 Preview: Analysts estimate up to Rs 2,000 cr loss. Here's what leading brokerages expect from the automaker's Q1 results
Domino's ties up with Revolt Motors to convert petrol bike fleet into EVs. Domino's piloted Revolt bikes for its deliveries for quite some time now
OPPO captures second spot in global smartphone market in May: Report. Global smartphone brand OPPO and its subsidiaries, including OnePlus and realme, captured the second spot in the global smartphone market during May, says a report.
Elon Musk wants to bring Tesla to India, blames high import duties on EVs. Last year, a report said that India has taken a slew of measures to promote the use of electric cars in the country
India plant likely if Tesla succeeds in importing cars, says Elon Musk. The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world's biggest emerging car markets
Avigna to invest Rs 837 cr to build industrial parks in Tamil Nadu. Avigna Industrial & Logistics Park on Saturday said it will invest Rs 837 crore in Tamil Nadu to develop industrial parks. The company has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 837 crore in the st
TVS Motor announces the launch of TVS iQube electric scooter in Kochi. TVS Motor Company, manufacturer of two and three-wheelers globally, on Saturday announced the launch of their Electric scooter in Kochi
ICICI Bank's Q1 net surges 78% to Rs 4,616 cr as provisions fall sharply. Interest margins improved; provision fell despite Covid-19 pressure
ITC reports 30% rise in Q1 net profit at Rs 3,343 crore. Its revenue from operations rose 36 per cent per cent to Rs 14,240 crore
ITC consolidated profit up 30% at Rs 3,343 crore in June quarter. Consolidated revenue from operations stood at Rs 14,240.76 crore compared to Rs 10,478.46 crore reported in the same quarter last year
High-paid jobs saw salary hike during Covid-19 lockdown, says PLFS. The Periodic Labour Force Survey for 2019-20 has found that average salary of those in the regular wage/salaried status actually rose by 5 per cent in the lockdown period from the previous quarter
Jubilant Pharmova posts Q1 consolidated net profit of Rs 160 crore. Drug firm Jubilant Pharmova on Friday reported a consolidated net profit of Rs 160.49 crore from continuing operations for the quarter ended June 30, 2021. The company had posted a net profit of Rs 35.39 crore for the year-ago period, Jubilant Pharmova sai
Liquor firm United Spirits Q1 posts consolidate net profit at Rs 50 crore. Diageo-controlled liquor maker United Spirits Ltd on Friday reported a consolidated net profit of Rs 50.3 crore for the quarter ended June 2021, helped by double-digit growth in sales. The company had posted a net loss of Rs 246.6 crore in the April-June p
RIL Q1 results: Consolidated net profit falls 7% to Rs 12,273 crore. The oil-to-telecom conglomerate's revenue from operations rose 58.2 per cent to Rs 1.44 trillion
Need to prescribe limit on air cancellation charges: Parliamentary panel. There is a need to rationalise and prescribe an upper limit on air cancellation charges, said a Parliamentary Standing Committee's report tabled in Rajya Sabha on Friday.
Jio's Q1 net profit rises 45% YoY to Rs 3,651 crore; ARPU at Rs 138. Its revenue from operations increased 9.8 per cent to Rs 18,952 crore
RIL consolidated Q1 PAT falls 7% to Rs 12,273 crore, beats estimate. Exceptional gains in year-ago quarter pulls down profit; O2C and digital services key drivers, retail impacted by lockdowns
Ambuja Cement profit soars over 2-folds to Rs 1,161 cr in Apr-Jun. Ambuja Cement Ltd, part of Swiss building material major Holcim group, on Friday reported nearly two-fold jump in consolidated net profit to Rs 1,161.16 crore in the quarter ended on June 30
IOA ropes in Adani Group as sponsor for Tokyo Olympics. The Indian Olympic Association on Friday roped in Adani Group as a sponsor for the Indian contingent at the ongoing Tokyo Games.
Jharkhand CM Soren asks Coal India to pay Rs 56,000 cr outstanding dues. Jharkhand Chief Minister Hemant Soren on Friday asked Coal India for immediate payment of Rs 56,000 crore outstanding dues in lieu of government land allotted to it for mining.
NCLAT refuses to stay Piramal Group's resolution plan for DHFL. A two-member benÂch presiding over the case said, "We do not think that any intÂerim order as souÂght with regard to resolution plan appÂroved needs to be passed."
Reliance Retail Q1 PAT up 123% to Rs 962 cr on low base. EBITDA up 79% at Rs 1,941 crore YoY but plunged 46.3% sequentially
SBI donates Rs 22.87 lakh to RML Hospital for expanding healthcare facility. State Bank of India (SBI) on Friday donated Rs 22.87 lakh to Ram Manohar Lohia (RML) Hospital, New Delhi, for augumenting healthcare facility to help nation in the fight against the COVID-19 pandemic.
Tata Steel foundation inks pact with NGOs to boost education among children. Tata Steel Foundation on Friday said it has inked pacts with non-profit bodies - KMCO and CIF in a bid to boost education among underprivileged children and youth in Jamshedpur.
Federal Bank posts 13% decline in net profit to Rs 356.8 cr for Jun quarter. Private sector lender Federal Bank on Friday posted a 12.87 per cent decline in its consolidated net profit for the June 2021 quarter to Rs 356.76 crore
Tesla seeks lower taxes on sale of imported EVs in India: Report. The California-based maker of electric vehicles has written to the transport and industry ministries for reducing import duty on electric cars to 40 per cent from the current range of 60%-100%
Q1 results: Reliance Jio net profit rises 45% to Rs 3,651 crore. Adds 14.4 mllion users in quarter, taking total to 440.6 million
ICICI Bank Q1 preview: Net profit may nearly double YoY on lower provisions. ICICI Bank Q1 preview: Analysts, across-the-board, remain bullish on the lender's bottom line figure and expect the profit after tax (PAT) to grow anywhere between 59 per cent to 95.5 per cent YoY
SC rejects telecom companies' pleas for re-computation of AGR-related dues. The top court had on July 19 said it would pass orders on the applications filed by the telecom majors
After blockbuster listing, what should you do with Zomato stock?. Zomato IPO has opened the doors for new-age tech businesses to tap primary markets. Paytm, PolicyBazaar and Mobikiwik are some other names gearing up to tap the primary maket
Karnataka HC quashes Amazon, Flipkart plea against antitrust probe. An Indian court on Friday dismissed a petition by Amazon.com Inc and Walmart's Flipkart seeking revocation of a single judge's decision to allow an antitrust probe against them to continue
IOA ropes in Adani Group as sponsor for Indian contingent at Tokyo Olympics. The Indian Olympic Association on Friday roped in the Adani Group as a sponsor for the Indian contingent at the ongoing Tokyo Games
Ant-backed Zomato's roaring India debut sets pace for internet startups. Shares of Zomato Ltd nearly doubled on Friday in a stellar first listing of local unicorn in India, setting pace for a slew of such debuts by internet-based startups that are thriving during pandemic
A new 'Day Zero', says Zomato Co-founder Deepinder Goyal on listing. In a blog post titled "Letter from Deepi," he said Zomato will not alter the firm's focus for short term profits at the cost of the long term success of the company
Max Bupa rebrands itself as Niva Bupa, stops using 'Max' brand name. Max India, which owned 51 per cent in the insurer sold its stake to True North in February 2019 for Rs 510 crore
SC dismisses Vi, Airtel pleas seeking correction of AGR due calculation. The Supreme Court observed that it has said not just once, but twice and thrice that AGR demand can't be recomputed
Biocon Q1 net profit declines 35% to Rs 108.4 cr; revenue at Rs 1807.8 cr. Biotechnology major Biocon has reported a 35.39 per cent decline in its consolidated net profit at Rs 108.4 crore for the quarter ended June 30, 2021 mainly on account of its share of loss in associate startup entity Bicara Therapeutics Inc. The company ha
Plea in HC against re-entry of Shein via Amazon; court seeks govt reply. The Delhi High Court Friday sought response from the Centre and Amazon on a plea seeking to prohibit the re-entry of 'Shein' in India through sale of its products on the digital marketplace
Britannia Industries to invest Rs 94 crore for expansion of its Odisha unit. Britannia Industries Limited Friday announced an investment of Rs 94 crore for the expansion of its manufacturing plant in Odisha's Khurda district to cater to the growing demand for its products
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