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NSE share market NEWS tomorrow (16 June, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 June, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 June 2021

Jsw Energy was amongst the top gainers, currently trading at 164.95 in NSE with 3.434 times change in volumes and 7.424% change in price. Other gainers included Himachal Futuristic with 5.179% price change and 2.707 times volumes, Tata Power with 3.111% price change and 1.858 times volumes, Polycab India with 3.078% price change and 1.325 times volumes, and Pg Electroplast with 2.504% price change and 0.846 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 Ports was amongst the top losers, currently trading at 706.70 in NSE with 0.648 times change in volumes and -7.239% change in price. Other losers included Adani Enterprises with -5.884% price change and 0.566 times volumes, Lic Housing with -5.108% price change and 4.035 times volumes, Tube Invest with -4.473% price change and 2.34 times volumes, and Steel Authority with -4.443% price change and 1.309 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.

Shyam Metalics IPO gets healthy response, subscribed 121 times on Day 3. Shyam Metalics' IPO size was Rs 909 crore of which Rs 657 crore was fresh fund raise to help retire debt.

HC sets aside arbitrator's award asking BCCI to pay Rs 4,800 cr to DCHL. Deccan Chronicle Holdings, the Hyderabad-based media company that acquired the franchise for 7 million in 2008, then approached the Bombay HC, seeking an order restraining BCCI from taking any step

PNB Housing Fin says pricing for Rs 4,000 cr-deal in line with mkt practice. This comes amid concerns raised in certain quarters about its proposed deal with Carlyle group

Tiger Global-backed Apna to expand operations, double headcount by year end. Considered to be the LinkedIn for gig workers, the platform already has 10 million users including delivery riders, sales persons, salon workers, drivers, others.

India's unicorn tally touches 50, MindTickle the latest entrant. Industry experts have been saying that the Indian unicorn list is expected to only rise as fund houses with access to liquidity are looking at avenues for investment.

Thomas Cook, SOTC launch 'travel first, pay later' scheme. The schemes address issues related to health and hygiene during travel and also of financial risk of booking trips during the Covid-19 pandemic.

Applyboard to leverage 0-mn funding to expand India operations. Applyboard has raised 0 milli­on at an enterprise valuation of .2 billion led by Ontario Teachers' Pension Plan Board thro­ugh its Teachers' Innovation Platf­orm in the latest funding round

Apna, jobs app for India's blue-collar workers, raises mn in funding. Apna is sort of a LinkedIn for non-English speaking and non-affluent Indians, says its founder.

Homegrown job platform Apna raises million at 0 mn valuation. Professional networking and jobs platform Apna said it has raised million in Series B round led by Insight Partners and Tiger Global, taking its valuation to 0 million

Alibaba victim of huge data leak by consultant as China tightens security. User data was not sold and Alibaba didn't incur financial losses from leak, the company says.

Jobs platform Apna raises mn from Insight Partners, Tiger Global. With this investment, Apna has now raised over million and is now valued at 0 million, within 16 months of launch

Top-performing Indian funds make winning bets on chemical firms stocks. India is emerging as a hub for specialty chemicals, helped by favorable policy measures.

Kirloskar Brothers sets up new manufacturing division for tech products. Leading pump manufacturing company Kirloskar Brothers Limited (KBL) has set up a new manufacturing division in Maharashtra for high-end technology products, primarily used for nuclear applications.

Total haircut of 95.85% to all the creditors in Videocon resolution plan. VIL shares have been rising on the exchanges for the past few days after the announcement of Anil Agarwal's resolution plan.

NV Capital launches first credit-fund for media, with a Rs 500 cr corpus. Founded by industry professionals and ex-bankers Nitin Menon and Vivek Menon, NV Capital recently received Sebi's nod as a Category-II AIF

Jio tops 4G download speed in May, Vodafone India in upload: Trai. Reliance Jio continues to maintain leadership in 4G segment with 20.7 megabit per second average download speed, while Vodafone Idea topped the chart in upload segment with 6.7 mbps data speed in May

Flipkart unveils fulfilment centre in Bengal to ramp up supply chain infra. Flipkart said it is working with over 9,300 Kirana delivery partners and 10,000 sellers from the region.

Adani stocks tumble further, three of six hit lower circuit. The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen

Reliance Jio and Bharti Airtel kick off 5G network trials in India. Tests in other cities will commence soon and will need to be completed in six months

Jubilant FoodWorks consolidated net profit jumps three-fold in Q4. The firm's revenue from operations stood at Rs 1,037.85 crore in Q4, up 14.21 per cent from Rs 908.75 crore in the corresponding period a year ago

Retail sales fall 79% in May, unlock to bring relief: RAI survey. RAI expects business sentiment to improve in June as the unlock programme gets underway

Covid-19 vaccine Covaxin at Rs 150 not sustainable: Bharat Biotech. Higher price in private market required to offset part of the costs, argues firm

Vedanta arm is paying almost nothing for Videocon group, says NCLT. Expresses surprise that Twin Star's bid was so close to liquidation value

Dish TV board to consider fundraising of up to Rs 1,000 cr next week. Dish TV Ltd on Tuesday said its board will meet next week to consider raising up to Rs 1,000 crore by issue of permissible securities

Google's smartphone tie-up with Reliance hits supply chain snag: Report. The co-branded phone is set for its unveiling at the Indian conglomerate's June 24 shareholder meeting.

RBI bans DHFL from taking deposits under Piramal Group mgmt. The Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piram

Fitch Ratings affirms Adani Ports at 'BBB-'; outlook negative. About 56% of firm's cargo is sticky, which includes contractual take-or-pay cargo, or that which is unlikely to be diverted to other ports due to infra curbs

BoB to offer flexible working model to employees; focus on mobile banking. This is aimed at striking a work-life balance and productivity enhancement in the long run.

Whirlpool reports 41% jump in Q4 PAT to Rs 130 cr, revenue up 31%. According to the company, its business was robust as all categories and geographies showed continued momentum

Truck rentals up 9-14% in first half of June on low base and unlocking. Analysts attribute it to diesel price hike, caution of a long road to recovery

LIC Housing Finance net profit down by 5% to Rs 398.92 cr in fourth quarter. This was due to higher provisioning for bad loans.

Coal India to close down 23 unviable mines, to help save around Rs 500 cr. Coal India Limited has decided to close down 23 unviable mines and it would help save the company around Rs 500 crore considering all costs, officials said on Tuesday.

Jio to start Jiofiber post-paid service from June 17; installation free. Reliance Jio will start Jiofiber post-paid broadband service from June 17 without charging installation fee on new connections, according to a company source.

Barred or not? Adani investors fret over three Mauritius-based funds. Shares of Adani's firms nosedived Monday after a local media report said accounts of these funds - owning about billion of shares across the conglomerate - were frozen by NSDL

'Time for compassion': Indian tech firms help young workers in Covid trauma. Firms are trying to figure out how to address the mental-health fallout for a generation of employees.

Anupam Rasayan clears debt worth Rs 530 cr from recent IPO proceeds. Anupam Rasayan has repaid debt worth Rs 530 crore from the net proceeds of its recently completed initial public offering and will clear an additional Rs 30 crore debt by next quarter

India Inc earns 72% of revenue from the domestic market: Morgan Stanley. On an aggregate basis, 72 per cent of EM companies' revenues come from their home country

Online education firm Cuemath eyes new funding, billion valuation. Indian online education platform Cuemath plans to raise at least 0 million in a new financing round this year, its chief executive said

Indian pharma companies' sales to rise after resilience in FY21: Fitch. Indian pharmaceutical companies' sales will grow robustly in the financial year ending March 2022 (FY22) as sales normalise in categories affected by the pandemic in previous year, Fitch Ratings said

CCI to expedite Amazon, Flipkart antitrust probe as tech focus intensifies. The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms

Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US. GCAC raised this week 0 million in an initial public offering listed in NASDAQ.

Ruchi Soya buys biscuits, noodles unit from Patanjali for Rs 65 cr. Ruchi Soya to use IPO proceeds to repay Rs 2,663 cr debt

Rating agencies come together to represent Indian rating industry. Currently, there are seven credit ratings agencies registered with SEBI

PFC posts multifold jump in net profit to Rs 3,906 crore in March quarter. The firm's board has recommended a final dividend of Rs 2 per share with the face value of Rs 10 per share for 2020-21.

Easy Trip Planners posts fourth quarter net profit at Rs 30.46 crore. Shares of Easy Trip Planners Ltd were trading at Rs 426.85 on BSE on Tuesday, up 1.81 per cent from the previous close.

Sembcorp to expand its renewable portfolio in India, eyes 30% CAGR. The firm is aiming to have a gross installed renewable energy capacity of 10 Gw by 2025

LIC Housing Fin Q4 net down 5.33% at Rs 398.9 cr on impairment spike. FY21 profit figure up 14% to Rs 2,734 cr; board recommends 425% dividend

Spencer's Retail sees net loss narrowing to Rs 34.53 cr in March qtr. Spencer's Retail said Nature's Basket has reported a standalone turnover of Rs 77 crore.

Jubilant FoodWorks Q4 net profit jumps over 3 fold to Rs 105.30 cr. The firm operates fast-food chains Domino's Pizza and Dunkin' Donuts in India

Four foreign funds in limelight for skewed investment in Adani group firms. Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have invest­ment in a number of domestic­ally listed firms besides the Adani group firms

Adani stocks among most expensive on bourses: Check details here. Group's listed stocks' P/E of 102x over three times Sensex's 33x

In the eye of the storm: Adani stocks crash on rumours of FPI freeze. Shares recoup some losses after company, NSDL, FPIs deny report

JB Chemicals & Pharmaceuticals Q4 net profit jumps two-fold to Rs 101 cr. Drug firm JB Chemicals & Pharmaceuticals on Monday reported a two-fold jump in consolidated net profit to Rs 100.81 crore for the quarter ended March 2021 on account of robust sales. The company had posted a net profit of Rs 50.07 crore for the correspondi

Coal India Ltd final dividend to enrich govt by Rs 1,426 crore. The government will receive Rs 1,426 crore as dividend from Coal India Limited (CIL) after the dry fuel miner on Monday announced an additional final dividend of 35 per cent

Paytm launches vaccine appointment booking feature on mobile app. Fintech major Paytm on Monday said its users will now be able to book vaccination appointment on the app apart from finding available slots. "Paytm users can now search, discover & also book their vaccination slots for both Covaxin and Covishield at the ne

Tata Digital-backed cult.fit rolls out vaccination drive for customers. 200,000 offline fitness members will be eligible for free jabs in a drive launched in partnership with digital healthcare platform MFine

Novavax Covid-19 shot shows 90% efficacy, Serum Institute starts production. On track to make 100 mn doses per month by Q3 of 2021

Coal India's FY21 profit tumbles 24% as power, metal sector demand dwindles. Income down 8.5% to Rs 93,818 cr, revenue from operations declines 6.3% YoY to Rs 90,026 cr

SAIL sits on 42 mn tonnes of sub-grade ore, mulls beneficiation plant. As on March 31, 2020, SAIL valued its inventory of 42.98 million tonne at net realisable value of Rs 3,792 crore.

Amara Raja carves out new biz unit, re-fashions as energy and mobility firm. The announcements by Amara Raja comes amid the thrust India's policy makers have been giving to electric mobility in its endeavour to reduce carbon emissions and reduce oil import bill.

ADQ in advanced talks to infuse 0-500 million in Flipkart: sources. ADQ was formerly known as Abu Dhabi Developmental Holding Company

NSDL says no freeze on accounts of 3 FPIs holding Adani stocks: Report. Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday.

Govt may raise foreign investment limit to aid BPCL sale: Report. If the cabinet clears the proposal, overseas funds would no longer need government approval to purchase a 100 per cent stake in state-run refiners cleared in-principle for disinvestment

Vedanta to pay salary till retirement to kin of employees dying of Covid. Metal-to-oil conglomerate Vedanta will families of any of its employees dying of COVID, the last drawn fixed salary till the notional date of retirement

Tata AIA Life Insurance FY21 total premium up 34% to Rs 11,105 cr. Private life insurer Tata AIA Life Insurance (Tata AIA Life) on Monday said its total premium income grew by 34 per cent to Rs 11,105.09 crore in fiscal 2021 as against Rs 8,308.51 crore in FY20. It registered a 26.9 per cent jump in individual weighted ne

Application window for PLI scheme for white goods opens from Tuesday. The application window for the PLI scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the commerce ministry said on Monday. Commerce and Industry Minister Piyush Goyal on Monday held interaction with the industry on the Pro

NRN Murthy's Cloudtail gets tax notice of Rs 54.5 crore, says report. Cloudtail, one of the largest sellers on Amazon India, is owned by Prione Business Services

InMobi's Glance enters influencer-led shopping with Shop101 acquisition. This is the first major deployment of the funds raised in Dec, when Glance became a unicorn with Google's backing

Edelweiss MF turns against riskier debt after India's Covid-19 woes. Company has 'reverted back to asking investors to be cautious' after second wave, says senior executive.

Toshiba blames former CEO's 'confrontational approach' to shareholders. The comment from Osamu Nagayama, chairman of Toshiba's board, comes after a shareholder-commissioned investigation revealed company colluded with Japanese government to "beat up" foreign shareholders

Young workers want to return to offices to save their careers in pandemic. This workforce says the coronavirus has left them under-informed and cut off from their teams.

SimpliContract raises .8mn in seed-funding round led by Kalaari Capital. SimpliContract democratises contract authoring and establishes powerful post-signature contract management practices by leveraging AI and NLP

Capacit'e Infraprojects announces robust results, Q4 PAT at Rs 24.4 Cr. Capacit'e Infraprojects Limited today announced its audited financial results for the quarter and full year ended 31st March, 2021

Qualcomm, MediaTek gain big in smartphone application chip market. Qualcomm led the smartphone application processor (AP) market with a 40 per cent revenue share in the first quarter this year, followed by MediaTek with 26 per cent and Apple with 20 per cent

Tata Motors board approves proposal to raise up to Rs 500 cr via securities. Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis

Amara Raja Batteries to diversify into emerging energy opportunities. Amara Raja Batteries Ltd (ARBL) on Monday announced energy and mobility as its strategic focus going forward to capitalise on emerging opportunities.It announced expansion of lead acid batteries business and establishment of a new energy strategic business

Jumbotail raises Rs 35 cr from Alteria Capital in venture debt round. This venture debt round comes after a million equity round concluded in January 2021

RattanIndia Power repays Rs 1,219 cr debt in last 15 months despite Covid. RattanIndia Power Ltd on Monday said it has repaid Rs 1,219 crore debt in the last 15 months, including Rs 200 crore prepayment, despite the challenges posed by the Covid-19

Navi General gives customers option to buy health insurance through EMIs. Customers can purchase health insurance at monthly installments of as low as Rs 240 per month.

MVS Engineering seeks govt help to source component for oxygen production. Industrial gas manufacturer MVS Engineering has sought the government's intervention to ensure smooth supply of zeolite molecular sieves, a key component for the production of medical oxygen

JSW Cement enters construction chemicals biz, launches green products. JSW Cement said on Monday it has entered the construction chemical sector with the launch of a green product range in the category

HCL Technologies hires Accenture exec Siki Giunta to head cloud business. Industry veteran will lead #HCLCloudSmart, the company's service for business solutions.

Sterling and Wilson Solar announces appointment of Amit Jain as Global CEO. Sterling and Wilson Solar Ltd on Monday announced the appointment of Amit Jain as Global CEO. Indian multinational and global leader in Solar EPC, Sterling and Wilson Solar Ltd has appointed Amit Jain as Global CEO, the company said in a BSE filing. He suc

Shriram Transport Finance raises nearly Rs 2,000 crore through QIP. The issue, which was launched on June 7, 2021, received 6.3 times oversubscription, a company release said.

IPV leads early-stage investment in FMCG distribution platform Dropshop. The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.

Reliance Power to raise Rs 1,325 cr from R-Infra via preferential allotment. Anil Ambani-led Reliance Power will raise Rs 1,325 crore by issuing preferential shares and warrants to its parent Reliance Infrastructure.

JSW Cement enters construction chemical segment with green product category. Company commences market roll-out from Karnataka; sets up new manufacturing unit in Karnataka

Sterling and Wilson Solar names Amit Jain as global CEO effective May 31. He succeeds Bikesh Ogra, who relinquished the post on May 31, but who continues as a director on the company's board

Reports of NSDL freezing accounts of 3 FPIs are erroneous: Adani Group. These reports are causing irreparable loss of economic value to the investors at large, Adani Group Companies said in bourse filings

Flipkart Wholesale sees 3x jump in digital adoption among kiranas. Flipkart Wholesale is also witnessing high organic adoption of e-commerce among its Best Price members

Amara Raja to invest in lithium-ion batteries, expand current biz verticals. Meanwhile, the company said that its Founder Chairman Ramachandra Galla, who steered the company for 36 years, has expressed his decision not to seek reappointment.

Indian Overseas Bank fourth quarter profit rises over 2-folds to Rs 350 cr. The bank had posted a net profit of Rs 143.79 crore in the same period a year ago.

ShareChat builds regional language live audio product, enables monetisation. The feature is essentially what Clubhouse and Twitter Spaces have made popular in the largely English-speaking world

JK Tyre to spend Rs 200 crore in next two years to enhance production. The firm reduced net debt by Rs 929 crore in FY21

CIL Q4 net marginally down at Rs 4,589 cr; declares Rs 3.5 final dividend. Revenue from operations decreased to Rs 26,700 crore as against Rs 27,568 crore a year ago

Sunak drawn into in-laws' Amazon India tax row as they face .7 mn bill. The revelations come just days after Sunak led the G7 finance ministers' charge to agree to a global deal designed to make tech companies pay more tax.

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NSE share market NEWS tomorrow (16 June, 2021). NSE stocks in NEWS (tomorrow)

 

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