NSE share market NEWS tomorrow (02 July, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (02 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 July 2021
Sona Blw was amongst the top gainers, currently trading at 377.45 in NSE with 2.644 times change in volumes and 9.422% change in price. Other gainers included Himachal Futuristic with 9.009% price change and 6.78 times volumes, Bse with 7.254% price change and 9.969 times volumes, Max Healthcare with 6.103% price change and 1.4 times volumes, and Central Depo with 5.382% price change and 7.01 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.
Adani Enterprises was amongst the top losers, currently trading at 1422.05 in NSE with 1.77 times change in volumes and -4.576% change in price. Other losers included Jsw Energy with -3.47% price change and 0.741 times volumes, Marico with -2.814% price change and 1.838 times volumes, Idea Cellular with -2.762% price change and 0.506 times volumes, and Tata Steel with -2.368% price change and 1.349 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.
Swedish gaming giant MTG buys Indian games developer PlaySimple for 0 mn. Acquires 100% in cash-and-equity deal that will significantly strengthen the company's position in casual games' genre and enable access to fast-growing word games genre
Office space jumps 75% annually during Jan-Jun across seven cities. Realty firms remain bullish on revival in workspace demand, according to JLL India.
Tesla delivers over 200,000 vehicles in Q2. Despite many challenges, Elon Musk-owned EV maker Tesla on Friday announced that it has produced and delivered over 200,000 vehicles in Q2 2021.
Upstox: Over 70% of 2 million new customers first-time investors. Upstox is backed by Ratan Tata and Tiger Global
Facebook, Instagram take down millions of posts in compliance with IT rules. Facebook removed 25 million pieces of content identified as 'spam,' 1.8 million pieces of content containing 'adult nudity and sexual activity.'
Confident that funding will take place in coming weeks: Vodafone Idea CEO. VIL had reported narrowing of consolidated loss to about Rs 7,023 crore for the quarter ended March 2021, mainly on the strength of cost optimisation.
CERC allows BSES discoms to exit PPAs with NTPC Dadri power plant. Under the RPO, the discoms are required to purchase a certain proportion of electricity from renewable sources as mandated by the power regulators.
Govt extends superannuation age of LIC chairman to up to 62 years. The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960.
LG Electronics set to post strong Q2 earnings on home appliance biz. LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results
State-run NTPC Renewable Energy Ltd IPO to hit markets in 2022-23. NTPC plans to list its arm NTPC Renewable Energy Ltd in 2022-23, to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032
Edelweiss Financial Services to sell its 70% stake in insurance broking JV. Edelweiss Financial Services on Friday said it will exit the insurance broking business by selling its 70 per cent stake in Edelweiss Gallagher Insurance Brokers Ltd for Rs 307.60 crore. "The company has entered into an agreement... to divest its entire sh
Magma Fincorp plans to enter into co-branded credit card business. Magma Fincorp on Friday said it plans to enter into an arrangement for issuance of co-branded credit cards
Sanjay Miranka joins Poonawalla Group acquired Magma Fincorp as Group CFO. Poonawalla group acquired Magma Fincorp Ltd is pleased to announce the joining of Sanjay Miranka as its Group Chief Financial Officer (Group CFO) effective today.Sanjay will lead the group's resource raising, regulatory compliance & governance, investor
Used vehicle unicorn Cars24 nears 0 mn deal that could double valuation. Cars24 aims to make the purchase of a pre-owned vehicle as easy as buying a refrigerator or a smartphone online.
Licious raises 2 mn from Temasek, others at 0 mn valuation. Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Growth Fund, and Vertex Ventures Southeast Asia and India also participated in this round of fundraising.
Power generator NTPC plans IPO for Rs 2.5 trn expansion of renewables biz. Listing intended to enable transformation over the next decade for a company that relies on coal to produce the vast majority of its electricity.
Mindtree completes acquisition of the NxT Digital Business from L&T. Mindtree on Friday said it has completed acquisition of the NxT Digital Business from Larsen and Toubro (L&T). In May this year, Mindtree had announced it will acquire the NxT Digital Business from Larsen and Toubro (L&T) for Rs 198 crore, a move that will
WinZO raises mn in Series C round, led by Griffin Gaming Partners. Griffin is making its first-ever investment in India in WinZO
Hinduja Group formally launches EV making arm Switch, sets up new team. Appoints Andy Palmer as its executive vice chairman and CEO, Nitin Seth as Chief Operating Officer
Zydus gets USFDA nod to market generic HIV infection treatment tablets. The drug will be manufactured at the group's formulation manufacturing facility at SEZ, Ahmedabad
Airtel launches all-in-one plan for mobile, broadband, DTH services. 'Airtel Black' offers four new fixed-bundle plans priced from Rs 998 per month to Rs 2,099 per month
Laurus Labs receives licence from DRDO to manufacture Covid drug 2DG. 2DG has been given emergency approval by the Drugs Controller General of India (DCGI) for use on COVID-19 patients in the country, Laurus Labs said in a regulatory filing.
Cafe Coffee Day withdraws a lot of vending machines from customer locations. This comes as pandemic took a toll on demand.
Virat Kohli-backed insurance startup hits .5-bn value after fresh funding. The company is raising 0 million from Sequoia Capital India, existing investor Faering Capital Pvt and others
'Revolution is coming': Ola CEO test rides upcoming electric scooter. 'Took this beauty for a spin! Goes 0-60 faster than you can read this tweet! Ready or not, a revolution is coming!' wrote Bhavish Aggarwal on Twitter.
Omaxe sells commercial, housing properties worth Rs 2,051 cr last fiscal. Realty firm Omaxe has sold properties worth Rs 2,051 crore in 2020-21, up 18 per cent from the previous fiscal, mainly on the back of better demand for its commercial projects in the national capital and Chandigarh. Omaxe is developing a multi-level parkin
Urban Company names Uber executive Neha Mathur SVP of Human Resources. Appointment underscores company's commitment to attracting world-class talent; comes at a time when Urban Company recently raised 5 million in a Series F round
Government extends retirement age of LIC chairman to 62 years. The changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to a government notification dated June 30, 2021.
Anil Agarwal-led Vedanta Limited plans -billion capex for 3 years. A major chunk of this capex would go into oil and gas business
How Covid-fueled crowdfunding can revive small businesses. A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal
Arun Jaitley Institute, Microsoft tie up to build AI, emerging tech centre. The two entities will jointly explore use cases of emerging technologies in finance and related areas, across central and state ministries and PSUs
Anil Agarwal Foundation pledges Rs 5,000 crore for rural India. Anil Agarwal Foundation (AAF) will be the umbrella entity of Vedanta's social initiatives provide all-round development to work towards these goals over the next five years
L&T Construction bags 'significant' orders for various businesses. Larsen and Toubro (L&T) on Thursday announced that its construction arm has secured 'significant' orders for its various businesses. The company did not provide the value of the contracts, but said the orders fall under the significant category, which rang
New projects drop 13% sequentially in June quarter due to Covid: CMIE data. Value of completed projects halved to Rs 50,000 crore; Figures are 70-95% on YoY basis because of national lockdown at the time
Ratan Tata-backed Mswipe Tech looks to morph into digital SME bank. Firm will scale up value-added services like insurance at point-of-sale terminals, micro ATMs, says new CEO Ketan Patel
Removed 1,253 posts, says Koo in first compliance report under new IT rules. The Bengaluru-based startup said that going forward it will publish the report on the first day of each month
Puravankara Ltd FY21 sales bookings up 28% at Rs 2,202 crore. This came on the back of strong demand driven by low-interest rates on home loans amid the Covid-19 pandemic.
Automakers witness sales recovery in June as pandemic eases across states. The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May.
Won't hesitate to raise tariffs but can't be done unilaterally: Mittal. The latest tariff hike by the three operators happened in December 2019.
Voda Idea seeks 1-year moratorium on Rs 8,200 cr spectrum instalment. Vi has approÂached the government to seek one-year morÂaÂtorium on payment of spectrum instalment of over Rs 8,200 crore, due in April 2022
Zydus Cadila seeks approval for vaccine, says it works against Delta strain. Phase 3 trial for the vaccine had more than 28,000 volunteers-the largest such exercise in India, says company.
Gail eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants. Gail (India) Ltd will invest about Rs 5,000 crore to build a portfolio of at least 1 gigawatts of renewable energy and set up compressed biogas as well as ethanol plants
Franklin Templeton executive says Sebi exceeded authority in banning him. A senior executive of US money manager Franklin Templeton (FT) told an Indian appeals tribunal the country's market watchdog 'overstepped' its powers by banning him from the securities market
WhiteHat Jr data not compromised, says Indian AI vendor Salesken.ai. India-based AI conversational intelligence platform Salesken.ai on Thursday admitted the breach but said that no data was compromised
Sebi bars Biocon's official from securities mkt for 3 months, levies fine. Regulator Sebi has restrained an official of Biocon Ltd from accessing the securities market for three months and also levied monetary penalty for contravening insider trading norms. Biocon had announced information relating to its collaboration with Sando
H&M swings back to profit as Covid restrictions ease, stores reopen. STOCKHOLM (Reuters) -Fashion retailer H&M on Thursday reported a bigger than expected second quarter profit as many of the company's stores reopened but earnings remained well below pre-pandemic levels and the group's shares fell sharply.
Vodafone Idea's auditors raise doubts over its 'going concern' status. In its notes to the financial results for FY21 and the fourth quarter of last fiscal, the company said that the group has incurred losses of Rs 44,233.1 crore for the year ended March 31
SKODA AUTO DigiLab and Volkswagen IT Services kick-off i-mobilothon. i-mobilothon offers an inclusive, agile and multi-disciplinary collaborative environment for code developers to leverage skills in building prototypes that drive real business impact at scale
Royal London expands ties with TCS for ramping up its pension platform. TCS will leverage its Machine First Delivery Model (MFDM) and Location Independent Agile model to help the firm achieve its digital strategy, gain business agility and drive deeper customer engagement
Flipkart launches Shopsy to enable over 25 mn online entrepreneurs by 2023. With Shopsy, Flipkart aims to enable over 25 million online entrepreneurs by 2023 as they reap the benefits of digital commerce
RIL's gigafactory-sized ambition for hydrogen could be a game changer. If Reliance's gigafactories can deliver hydrogen at a scale, it will push decarbonisation into new frontiers.
MakeMyTrip announces mandatory paid offs for employees this year. The company has unveiled the wellness policy by hosting Jumpstart Week with employee engagement activities to reinvigorate the workforce.
Abbott launches pea-sized life-saving device for babies with hole in heart. The device is particularly useful for tiny babies who may not be able to undergo surgery to repair their hearts
Zomato seeks CCI nod for 9.3% stake in e-grocery major Grofers. Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest 0 million in online grocer Grofers for about a 10 per cent stake.
Srei Infrastructure Finance to raise up to Rs 2,500 crore equity capital. Plans to issue one or more instruments through public offer, QIP, private placement, preferential or rights issue
Inflection Point Ventures leads in early-stage round in AR start-up peAR. The startup's proprietary image to 3D model technology has enabled it to make 3D models of the food at scale
BGR Energy Systems loss widens to Rs 122 crore in March quarter. BGR Energy Systems on Wednesday reported widening of its consolidated net loss by multifold to Rs 122.32 crore for the March 2021 quarter
Record disbursal, cheaper fund cost buoy IRFC net by 126% to Rs 1,482 cr. IRFC has reported a 126 per cent jump in net income to record Rs 1,482.55 crore in the March quarter, mainly due to higher interest income from record disbursals and cheaper funds.
Meddo Health closes pre-series A round at million led by SRI Capital. Meddo equips OPD clinics with tech-enabled solutions to turn them into full-service medical centres, complete with ERM systems, diagnostic support, medicine delivery services/support
Tata Steel ramps up financials amid Covid; recommends highest ever dividend. Firm reduced net debt by Rs 29,390 crore taking consolidated net debt to Rs 75,389 crore in FY21
Voda Idea cuts loss by 39.5% to Rs 7,022 cr on lower exceptional expenses. Posts highest-ever EBITDA margin, on the back of lower operating and exceptional expenses; lags peer on ARPU
Employee productivity impacted due to work from home, says ISGEC. ISGEC Heavy Engineering Ltd on Wednesday said that employee productivity has been impacted due to work from home after the COVID-19 pandemic broke out.
SpiceJet to raise Rs 2,500 crore to fund working capital requirements. SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital
Food delivery giant Swiggy's COO Vivek Sunder decides to move on. Sunder played a pivotal role in expanding the geographical footprint of the marketplace business taking Swiggy beyond more than 500 cities.
After sinking billions, Walmart, Amazon haven't learnt their place in India. India is effectively muzzling the two leading US players. and it's tilting balance in favor of offline commerce, away from digital startups that are India's best bet for rebuilding the economy.
Vodafone Idea Q4 preview: Losses may narrow; commentary on fundraising eyed. The management's commentary on fundraising, tariff hikes, and adjusted gross revenue (AGR) case will be keenly watched, apart from the headline numbers
Suba Group's Click acquires controlling stake in leisure group1589 Hotels. Click Hotels envisions crossing 3,000 rooms and plans to have a pan India presence by 2021.
Zomato's 0 million investment to turn Grofers into unicorn: Report. Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest 0 million in online grocer Grofers for about a 10 per cent stake
Suzlon Energy loss narrows to Rs 54 cr in March quarter on higher revenues. Suzlon Energy's consolidated net loss narrowed to Rs 54.25 crore in the quarter ended March 31, 2021 mainly on the back of higher revenues.
CredR raises .5 million in its latest round led by Yamaha Motors. CredR has raised .5 million in its latest round led by Yamaha Motors, existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures
EdTech start-up Nalanda Learning raises Rs 40 cr from Aavishkaar Capital. Education technology start-up Nalanda Learning Systems has raised Rs 40 crore from Aavishkaar Capital to expand operations nationally.
Promoters of Macrotech Developers repay debt of Rs 1,596 cr owed to company. The promoters have raised these funds by means of a long-term instrument having tenure greater than three years with no repayment obligation prior to that
Indiabulls Housing Finance gets board nod to raise over Rs 7,000 crore. Indiabulls Housing Finance said its board of directors has approved a proposal to raise over Rs 7,000 crore through various financial instruments
15 mn 'Covid Safety Essentials' sold across India on udaan during 2nd wave. From March onwards till the gradual decline of the second wave, a total of 6 million covid safety essentials were shipped to the states of Assam, West Bengal, Andhra Pradesh, and Bihar
Federal Soft Systems announces appointment of Kishore Kumar Yedam as CEO. Federal Soft Systems announces welcoming of Kishore Kumar Yedam on board as the new CEO to support the organization's future growth
Elon Musk's Starlink to provide internet nearly worldwide within weeks. Company aims to offer broadband to as much as 5% of the world's population where conventional fiber and wireless networks can't reach.
Flipkart opens all-women run fulfilment centre in Coimbatore. Spread across 120,000 sq ft, the centre will employ over 1,200 people at full capacity
Steel makers push for exports as rural stress impacts domestic demand. Rural off-take has taken a hit due to increased spend on health and lower incomes
Tata Motors bags order for hydrogen-based fuel cell buses from Indian Oil. Tata Motors on Wednesday said it has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited (IOCL).
HDFC Bank set for post-embargo scenario with aggressive payments biz plans. Refuses to hazard a guess on when RBI will lift curbs; picks up stake in Pune-based enterprise software solutions firm
IRFC posts 126% jump in fourth quarter net profit at Rs 1,483 crore. This compares to Rs 655 crore reported in the same period of previous fiscal.
Online privacy firm alleges data breach of 700 mn LinkedIn users, co denies. Breach was reported by RestorePrivacy, according to whose website, the user of a popular hacker forum advertised data from 700 million LinkedIn users for sale on June 22
Spicejet is making money off grounded Boeing 737 Max aeroplanes. Airline expects to get Rs 10.9 billion as compensation from Boeing for not being able to fly its 13 Max aircraft.
Saw over 5X surge in demand for Covid safety essentials in 2nd wave: Udaan. The second wave saw a huge demand of over 11 million protective masks, making it the largest item sold on the platform.
Sequoia-backed logistics company Shipsy eyes expansion in West Asia. Firm already has over 50 clients and about 30% of the revenue coming from the region
Amul announces pan-India hike in prices of milk by Rs 2 per litre. The price was being hiked after a gap of nearly one year and seven months
Suresh Prabhu calls for greater role of startups in core sectors. Prabhu added that the Indian economy's rate of growth would get accelerated with India's vaccination drive picking up pace, which will revive businesses and, in turn the overall economy
Sequoia's Surge accelerator programme invests mn in 23 startups. With this, the Surge community now has 203 founders, from 91 startups building companies across more than 15 sectors such as fintech, payments, communications, and logistics
Tata Motors wins order for 15 hydrogen-based fuel cell buses from IOCL. The deal would entail supplying buses to the R&D Centre of IOCL at Faridabad apart from Tata Motors collaborating with the country's largest fuel retailer to undertake R&D projects
Godrej holding company hikes stake in Godrej Properties, Agrovet. With the stake buy in Godrej Properties, Godrej Industries' stake in the company will rise to 47.29 per cent.
Bharti Airtel to invest 0 million to be OneWeb's largest shareholder. This will make Bharti Airtel largest shareholder in the satellite communications company
Coal India committed to achieving carbon offset of 60k tonnes by year-end. State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.
Jet shares continue to rise; monitoring committee for airline in place. Continuing on its upward trajectory, shares of grounded Jet Airways gained nearly five per cent to touch its upper price limit on Tuesday
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