NSE share market NEWS tomorrow (25 June, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (25 June, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 June 2021
Idea Cellular was amongst the top gainers, currently trading at 10.60 in NSE with 1.731 times change in volumes and 10.995% change in price. Other gainers included Apollo Hospitals with 7.36% price change and 2.119 times volumes, National Aluminium with 7.305% price change and 4.949 times volumes, Kei Industries with 5.694% price change and 3.153 times volumes, and Max Financial with 5.557% price change and 2.155 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.
Himachal Futuristic was amongst the top losers, currently trading at 64.70 in NSE with 0.587 times change in volumes and -3.071% change in price. Other losers included Jsw Energy with -2.719% price change and 1.255 times volumes, Pg Electroplast with -2.427% price change and 0.919 times volumes, Reliance Industries with -2.278% price change and 0.605 times volumes, and Dabur India with -1.869% price change and 0.874 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.
SBI better positioned to tackle any subsequent Covid-19 wave: Khara. SBI is the country's largest lender
PharmEasy to pick up 66.1% stake in Thyrocare for Rs 4,546 crore. The combined entity will have the ability to provide diagnostics and pharmacy services to 100 million-plus Indians within 24 hours, the company said in a statement
Prospects in key segments to keep Laurus Labs' growth trajectory strong. The stock has seen a six-fold jump in value over the last one year
PharmEasy parent to acquire 66% stake in Thyrocare for ₹4,546 cr. PharmEasy will retain the Thyrocare brand
Will increase women delivery staff by 10% by year-end, says Zomato. Online food ordering platform Zomato on Friday said it will increase the number of women in its delivery service to 10 per cent by the end of the year as part of its workplace inclusivity initiatives. In a blog on its website, Zomato founder Deepinder Goya
Vedantu eyes 0 mn run rate, to hit profitability by June next year. Online live tutoring platform Vedantu on Friday said it expects its revenue run rate to more than double to USD 200 million and hit profitability by June next year. Vedantu, which competes with players like Byju's, has seen month-on-month revenue growth of
Serum Institute starts Covovax production; govt expects 200 mn doses by Dec. India will allow entry of this vaccine once the USFDA approves it
Internet seer: Former Buddhist monk preps IPO for crowdfunding startup. Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.
State-owned ONGC reports Q4 profit at Rs 6,734 crore on high realisation. State-owned Oil and Natural Gas Corporation (ONGC) has reported a profit after tax at Rs 6,734 crore for the January to March quarter as compared to a loss of Rs 3,214 crore in the year-ago period
Tamil Nadu power sector companies incurred Rs 13,000 Cr loss: CAG. Increased power purchase, coal handling, financing and employee costs were reasons
Policybazaar.com forays into insurance brokerage, opens 15 retail stores. The brand will eventually expand to 100 locations
Fitch affirms gas utility GAIL India at BBB-minus with negative outlook. Fitch Ratings has affirmed GAIL India Ltd's long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
ED attaches assets worth Rs 365.94 cr of Adarsh Group in cheating case. Earlier, the ED had attached properties worth Rs 1,489.03 crore across six states.
LIC Housing Finance to raise Rs 2,334 cr through preferential share issue. Around 12.40 p.m., shares of the company on the BSE were trading at Rs 468.65, higher by Rs10.90 or 2.38 per cent from its previous close.
IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore. Board recommends 180% dividend, or Rs 3.6 per share
Schneider to infuse Rs 350-400 cr in Indian subsidiary Luminous Power. A significant part of the investment will be focused on Luminous Power's solar business
JSW Energy net profit remains flat at Rs 107 crore in March quarter. The board in its meeting on Friday recommended declaration of dividend of Rs 2 per equity share of Rs 10
CCI okays acquisition of Zuari Agro Chemicals plant by Paradeep Phosphates. The plant is located in Goa
JSW Energy posts 27% decline in profit to Rs 795 cr, income slides 16%. The company attributed the slip in profit to the Covid-19 pandemic and the decline of merchant power sales
Piaggio Vehicles reopens its two-wheeler dealerships across India. Piaggio Vehicles on Thursday announced the reopening of its two-wheeler dealerships across India, which had shut operations due to a massive increase in the coronavirus infection cases between April and mid-May across the country. The decision to reopen th
RIL offers board seat to Saudi Aramco's Yasir Al-Rumayyan in global push. Success of partnership key to internationalisation plans, say RIL executives
RIL AGM 2021: Jio, Google to roll out 4G smartphone on September 10. Jio is the country's largest telecom service provider with over 425 million customers
Uttar Pradesh Police restrained from action against Twitter India head. Twitter on Monday restricted tweets showing video and images from the viral video
3x growth in 5 years, 1 mn jobs: Mukesh Ambani's blueprint for retail biz. Ambani also outlined a five-point agenda for the division as it sought to be amongst the top 10 global retailers in the next few years
RIL to invest Rs 75,000 cr in clean energy, build 4 giga factories: Ambani. It will also set up a platform for renewable energy project finance to source long-term global capital for investment in these sectors
India's airline fleet to contract, fall below 700 on weak demand: CAPA. Indian airlines are expected to induct 69 planes during the year and retire 86 aircraft, some of which could be through repossessions by lessors
LIC Housing Finance to raise over Rs 2,334 cr from LIC as equity capital. LIC will infuse equity capital worth about Rs 2,334.70 crore in its subsidiary LIC Housing Finance by picking up an additional stake in the company
E-commerce enabler Classplus raises mn from Tiger Global, others. Educators use Classplus to streamline their communication, launch cohort-based live courses, manage student communities. The solution also helps them deliver live lessons, automate their daily tasks
Reliance Retail to grow 3x in next 3-5 years, create a million jobs: Ambani. It continues to be among the fastest-growing retailers globally and the company aims to be among the top ten retailers of the world, Ambani said at RIL's annual general meeting
RIL's investment plans laid out at 44th AGM don't seem excessive. RIL has raised over Rs 3.25 trn in the past fiscal alone so it will be able to fund its New Energy plans even though it is cash flow negative
Share buyback case: SAT stays Sebi's penalties on Cairn India, others. The Securities Appellant Tribunal (SAT) has stayed the penalties imposed by markets regulator Sebi on Cairn India and others for making a misleading announcement regarding buyback of shares in 2014. While staying the penalties, the tribunal also directed C
Disney+Hotstar to hire 250 people across tech, marketing, other roles. The platform looks to compete more aggressively against rivals like Netflix and Amazon Prime Video.
Accenture raises business outlook for CY21; Q3 revenue beats estimate. Accenture reported revenue of .3 billion, up 21 per cent YoY, and 9.9 per cent sequentially
PTC India posts 4% increase in net profit at Rs 49.77 cr for March qtr. PTC India on Thursday posted a nearly 4 per cent increase in consolidated net profit at Rs 49.77 crore for the March quarter, helped by higher revenues.
India's eng, research & development market to reach bn by 2025: Nasscom. India's share in the global engineering and research and development (ER&D) market is expected to grow at a compound annual growth rate (CAGR) of 12-13 per cent to reach USD 63 billion by 2025, according to industry body Nasscom. Speaking at the Nasscom En
Twitter partners Razorpay for Tip Jar feature to send and receive money. Microblogging platform Twitter on Thursday said it has added an Indian payment gateway Razorpay for its Tip Jar feature that allows users to send and receive money.
Govt asks industry to take benefit of PLI, food processing sector schemes. Food Processing Industries Minister Narendra Singh Tomar on Thursday called the industry players to take benefit of the government initiatives, including the production-linked incentive (PLI) scheme. "The government is committed to the development of the f
Adani group strikes first coal from its Carmichael mine in Australia. The project had faced protests from a section of population with several banks even refusing to fund it.
Construction firm fined Rs 77 cr for illegal soil extraction in Maharashtra. A penalty of Rs 77 crore has been imposed on a private construction company for allegedly extracting 'murum' soil and stones illegally from various sites here in Maharashtra
WINDO raises 0,000 in seed round led by Unicorn India Ventures. WINDO, founded in 2020, by second-time entrepreneurs Silus Reddy Chintapalli, Rakesh Vaddadi, is an Instagram commerce-focused tech startup
Vistara announces 48-hr sale on all classes for Aug 1-Oct 12 travel period. Vistara announced a 48-hour sale on all classes of its flights for travel between August 1 and October 12.
Fitch upgrades Reliance rating a notch above India's sovereign rating. Fitch Ratings has upgraded Reliance Industries Ltd's rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments
Paytm extends deadline to submit documents for share sale to June 30. Paytm has extended the deadline for shareholders, employees and former employees to submit their documents by June 30, if they wish to sell their shares in the planned initial public offering
IT services major Wipro raises 0 million from overseas bond sale. The net proceeds of the notes are intended to be utilised for refinancing existing debt and general corporate purposes.
Adani Group strikes coal at Australia's controversial Charmichael project. The mine has been at the centre of several protests and campaigns by environmentalists.
Saudi Aramco chairman Yasir Al-Rumayyan joins Reliance board: Mukesh Ambani. 'Al-Rumayyan joining our Board is also the beginning of internationalisation of Reliance,' says RIL Chairman at 44th AGM
Ambani announces 'JioPhone Next' smartphone, partnership with Google for 5G. 'JioPhone Next is one of the most affordable smartphones globally, which has cutting-edge technology,' Ambani said
A billion Indians will get faster internet via Google Cloud and Jio: Pichai. Speaking about the Google-Jio partnership, Google and Alphabet CEO Sundar Pichai said: "JioPhone Next is powered by an optimised version of Android OS jointly developed by Jio and Google.
Reliance to invest Rs 75,000 cr in new energy business over 3 years: Ambani. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business
Google says in cloud partnership with Jio in boost to 5G plans in India. Jio is part of tycoon billionaire Mukesh Ambani's oil-to-retail conglomerate Reliance Industries.
More firms to come under ambit of small and medium sized companies. In a notification, the ministry defined a small and medium sized company as an entity whose equity or debt securities are not listed or are not in the process of listing on any stock exchange
Mahindra Finance raises Rs 225 crore through bond issuance. Mahindra Finance on Thursday announced raising up to Rs 225 crore by issuing bonds. A meeting of the duly authorised committee was held on June 24, 2021, approving the allotment of 2,250 secured redeemable non-convertible debentures (NCDs) of face value of
Shapoorji Pallonji housing platform Joyville's property sales double. Joyville, which is a Rs 1,240 crore platform established by Shapoorji Pallonji, ADB, IFC and Actis, has so far launched six housing projects in four major cities.
Accenture Q3 revenue beats estimates on pandemic-driven demand. More businesses used its digital, cloud and security services to adapt to a hybrid work model in a post-pandemic world.
Classplus raises mn funding from Tiger Global, GSV Ventures, AWI. This is the fourth round of funding raised by the company in the last 15 months.
IPO-bound Veeda Clinical Research raises mln in round led by Sabre PE. The round also saw participation from high net individuals like Pranab Mody of JB Chemicals, Havells India family office, Nikhil Vora of Sixth Sense Ventures, and Arjun Bhartia of Jubilant
Reliance to conclude Aramco deal this year; Aramco rep on co board. Ambani said RIL is looking forward to "welcoming Saudi Aramco as a strategic partner in our O2C business".
Mankind Pharma inks distribution pact with BDR Pharma for Covid drug. Delhi-based Mankind Pharma operates in 34 overseas destinations.
RIL AGM 2021: JioPhone Next to 5G, everything announced under Jio Platforms. Here are the details of everything Mukesh Ambani announced under Jio Platforms at the Reliance Industries annual general meeting this year
Uber Connect saw 3X demand in May, driven by grocery and drug deliveries. The two-wheeler delivery service, which was launched in May last year during the nationwide lockdown, is now available across 26 cities
MCA expands small firm definition, raises turnover and borrowing limits. This would enable a wider set of companies to avail of greater flexibility in the accounting standards, according to a notification issued on Wednesday
Apollo Hospitals Enterprise posts Rs 169-cr net profit for Mar quarter. Healthcare chain Apollo Hospitals Enterprise Ltd on Wednesday reported a consolidated net profit of Rs 169.89 crore for the fourth quarter ended March 31, 2021. The company, which posted a consolidated net profit of Rs 209.60 crore in the corresponding qua
DNB, category focused players top customer delivery satisfaction: Survey. The RedSeer-Shadowfax Delivery Delight Index survey found that in CY2020, direct-to-consumer brands grew three times faster than overall e-commerce in India
Suraksha group gets nod from lenders, homebuyers to buy Jaypee Infratech. This is the fourth round of bidding process to find a buyer for JIL, which went into Corporate Insolvency Resolution Process (CIRP) in August 2017.
Heineken acquires 14.98% more stake in UBL; shareholding now at 61.5%. Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on Wednesday) announces that it has acquired an additional 39,
Suraksha group beats NBCC India in close race to buy Jaypee Infratech. It's a photo finish with Suraksha getting 98.66% votes, while NBCC gets 98.54%
Heineken buys Mallya's 15% stake to take control of United Breweries. World's second-largest beer company pays Rs 5,825 cr to lenders for Mallya's share; stake consolidation, demand recovery positive for beer leader
Myntra eyes 50 million potential customers during flagship fashion sale. The 14th edition of the sale that begins from July 3, will also be for six days this time, compared to the earlier four and five days.
Infosys' buyback of shares worth Rs 9,200 cr to start from Friday. The company has proposed to buy back shares at a maximum price of Rs 1,750 per share
Guenter Butschek to step down as CEO & MD on June 30: Tata Motors. He will continue as a consultant to the company till the end of this fiscal year, the company said in an exchange filing
Ex-Infosys CEO to head task force to help govt in bringing major reforms. Infosys CEO S D Shibu Lal was appointed chairperson of a three-member task force formed to help the government in bringing major bureaucratic reforms through its ambitious "Mission Karmayogi".
Govt notifies accounting standards for SMEs under Companies Act, 2013. The government has notified the accounting standards for small and medium companies that revise the turnover and borrowing limits as well as help in making disclosure requirements less onerous.
PNB board meeting on Friday; PNB Housing Finance issue may come up. The board of state-owned PNB is schedule to meet on Friday, which among other routine agenda may take up the proposed investment of Rs 4,000 crore by US-based private equity firm Carlyle and others
Setback for Facebook as Delhi HC refuses to stay CCI's privacy notice. Facebook and WhatsApp have sought stay on the CCI's notices asking them to furnish certain information for the inquiry conducted by it
Vodafone Idea partners with Cisco to support 4G and 5G user experience. Airtel also announced a partnership with Tata Consultancy Services earlier in the week to implement 5G broadband network solutions in India.
India e-commerce rules cast cloud over Amazon, Walmart and local rivals. New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources said
A forgotten chipmaker in US may hold key to end worldwide shortage. GlobalFoundries sits pretty with its everyday products as larger rivals battle it out to make ever-more advanced chips.
KM Birla won't buy firms with global supply chains, cites protectionism. Aditya Birla Group is spread across 36 countries; its chief has acquired more than 40 companies in the last 25 years.
IndiGo to offer discount of 10% to vaccinated customers starting today. The offer is only available to vaccinated passengers aged 18 years and above, who are located in India at the time of booking and have already received a Covid-19 vaccine in the country
Glenmark Pharma gets US health regulator nod for inhalation product. Glenmark Pharma said it received approval from the US health regulator for Arformoterol Tartrate Inhalation Solution, used to treat conditions like chronic bronchitis and emphysema, in the US market
Tribunal sold UB shares worth Rs 5,800 cr in Mallya bank fraud case: ED. The DRT has sold shares worth over Rs 5,800 crore of United Breweries that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against Vijay Mallya
Kazam raises Rs 7 cr in seed round led by Inflection Point Ventures. In a short span of 5 months, Kazam has built the hardware & software tech for affordable and smart EV charging infrastructure
GoMechanic secures mn in Series C funding round led by Tiger Global. Sequoia Capital India, Orios Venture Partners & Chiratae Ventures also participated in the round.
Heineken takes control of India's United Breweries cementing its position. Heineken is the world's second largest beer maker
SBI may need to raise only up to Rs 9,000 crore in capital in FY22. State Bank of India is the country's largest bank
HDFC Life announces Rs 2,180-cr bonus for insurance plan subscribers. HDFC Life on Wednesday announced a bonus of Rs 2,180 crore to its policyholders subscribing to participating insurance plans.
Coronavirus second wave clogs rebound route for travel operators: Crisil. The tours and travel industry was beginning to recover before the second wave
IBM, IISc launch innovation lab to advance hybrid cloud research in India. Students and faculty will work at the lab alongside IBM Research scientists on cutting-edge research to help organisations leverage true power of hybrid cloud
Home sales rise 93% in Q2CY21 due to low base, says Anarock report. However, home sales dropped by 58 per cent sequentially
Dabur to spend Rs 550 cr on new MP plant in largest location-wise exposure. The firm has secured 51 acres of land and begun construction work for the initial phase, which is to be completed within the current financial year
Probe Renault-Nissan plant's social distancing: Madras High Court. Only the Renault-Nissan factory will be inspected as unions at other automakers have not raised objections
Electric vehicle makers laud Gujarat policy, terming it progressive. Various companies like Tata Motors, Mahindra and Hero Electric on Tuesday lauded the Gujarat government for bringing a new electric vehicle policy in the state. Gujarat Chief Minister Vijay Rupani unveiled the 'Gujarat Electric Vehicle Policy 2021', which,
HDFC Bank, HDFC Securities to pick up stake in Borderless Softtech. HDFC Bank alongwith its subsidiary HDFC Securities will pick up stake worth Rs 6.9 crore in backend software infrastructure development company Borderless Softtech, the bank said on Tuesday. For this, the bank said it has executed an agreement for subscrib
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