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NSE share market NEWS tomorrow (15 June, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (15 June, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 15 June 2021

Kei Industries was amongst the top gainers, currently trading at 717.20 in NSE with 5.269 times change in volumes and 10.876% change in price. Other gainers included Info Edge with 4.53% price change and 4.987 times volumes, Oil India with 3.978% price change and 4.695 times volumes, Apl Apollo with 3.627% price change and 3.291 times volumes, and Macrotech Developers with 3.467% price change and 1.45 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.

Nmdc was amongst the top losers, currently trading at 180.90 in NSE with 1.15 times change in volumes and -2.637% change in price. Other losers included Rail Vikas with -2.096% price change and 0.396 times volumes, Inox Wind with -2.028% price change and 1.704 times volumes, Ncc with -2.016% price change and 0.433 times volumes, and Torrent Pharmaceuticals with -1.748% price change and 0.271 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.

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.

Out-of-control shipping costs fire up retail prices from coffee to toys. Soaring demand, shortage of containers, saturated ports and too few ships have contributed to the squeeze on transportation capacity on every freight path.

Five most valued companies add more than Rs 1 trillion in m-cap. Reliance Industries Limited, Tata Consultancy Services, Infosys, Hindustan Unilever Limited and Bajaj Finance were the gainers

Skoda Auto eyes going past all-time peak sales volume in India next year. Skoda Auto is confident of crossing its historic peak sales volumes in India achieved nearly a decade ago by the middle of next year

Discoms' outstanding dues to gencos fall 11.2% to Rs 81,628 cr in April. Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 11.2% to Rs 81,628 crore in April 2021 from a year ago

Saint-Gobain eyes Rs 1,000 cr revenue from housing solutions biz in 5 yrs. Saint-Gobain India is looking at a revenue in the range of Rs 750 crore to Rs 1,000 crore in three to five years

Coal India's 114 mining projects under different stages of implementation. State-owned CIL's 114 ongoing coal projects, costing Rs 20 crore and above, are under different stages of implementation, according to a report.

DLF targets 30% growth in sales bookings to Rs 4,000 cr during FY22. Realty major DLF aims a 30 per cent jump in its sales bookings to Rs 4,000 crore this fiscal, as the company expects a rise in housing demand despite the Covid-19 pandemic

No plans to make vaccine as it requires separate infra: Sun Pharma. Sun Pharma has no immediate plans to enter into vaccine production as getting into the vertical would require an altogether different manufacturing set-up, as per a top company official.

ITC to expand Welcomhotel brand to 25 hotels even amid pandemic. Amid Covid pandemic and slump in the hospitality industry owing to lockdown and restrictions, ITC Hotels is optimistic about domestic tourism, planning to increase number of properties in Welcomhotel.

Coal India may announce 20-25% additional dividend on June 14: Report. Coal India Ltd is expected to reward its shareholders with an additional final dividend of 20-25 per cent in its board meeting that will declare fourth-quarter financial results, sources said.

Amazon India to impart core skills to make students industry-ready. Amazon India announced the launch of an integrated learning programme for students to learn applied Machine Learning (ML) skills, making them industry ready for careers in the new technology.

Axis Bank stake in Max Life likely to rise to 20 pc in 12-18 months. In line with the proposed deal, Axis Bank is likely to raise its stake in Max Life Insurance to about 20 per cent over the next 12-18 months, said the insurance company's CEO Prashant Tripathy said. Currently, Axis Bank and its two subsidiaries -- Axis Cap

NTPC invites EoI for Hydrogen Fuel Cell based pilot projects. State-run NTPC has floated a global Expression of Interest (EoI) to set up two projects, standalone fuel-cell based backup power system, standalone fuel-cell based microgrid system at NTPC premises.

TN notifies Renault Nissan industrial dispute arbitration. The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official.

Cuemath eyes 30 new markets in FY22; another funding round likely this year. Online math learning platform Cuemath looks to venture in 30 new markets, and is keen to go for another, bigger round of funding later this year to support its expansion according to its founder.

IDFC offers compensation 4x CTC to corona affected employees' families: MD. IDFC FIRST Bank is offering compensation equivalent to four times of the CTC, continuation of salary for two years to the families of the employees who lost their lives due to the covid says MD.

Exim Bank sees India's Q1 merchandise exports at .2bn. Export-Import Bank of India (Exim Bank) has projected India's total merchandise exports for the first quarter of FY22 to reach .2 billion.

CG Power lines up Rs 135 cr capital expenditure in current financial year. CG Power and Industrial Solutions, acquired by Tube Investments last year, has chalked out capital expenditure plans of Rs 135 crore during the current financial year, the company said.

Lupin gets warning letter from US health regulator for Somerset facility. The company does not believe that the warning letter will have an impact on disruption of supplies or the existing revenues from operations of this facility, it said

Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 cr. Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed draft document with SEBI to launch a follow-on public offer (FPO) for raising up to Rs 4,300 crore.

CoCreate Ventures, PES Varsity roll out fund to back startups at campuses. The fund, called PESU Venture Labs, provides up to 0,000 in funding and other services to help firms build products and test out unit economics

Reliance Power to raise Rs 1,325 cr from RInfra via preferential allotment. Reliance Infra stake to go up to 38% from 9%; more fund raising planned

Indians need to improve both soft and technical skills, shows data. India's overall rank in the report was 67 globally, with 38% proficiency

MCA amends provisions of SBO's share transfer to investor awareness fund. An SBO is a person holding a beneficial interest of at least 10 per cent whether acting alone, together or through one or more individuals or trust, in a company

Lumax revenue up 30% at Rs 504 crore in Q4FY21; revenue drops 11%. Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase

Realty major DLF sale bookings up 24% at Rs 3,084 cr in FY21. This comes as the firm saw better demand for completed and new inventories despite the pandemic.

DIPAM, NITI Aayog agree to proposal of incorporating BEML subsidiary. -

Adani Enterprises forms subsidiary to foray into cement business. Adani Cement will manufacture, process all types of cements

PhonePe files complaint with Sebi against Ventureast Fund over OSLabs deal. PhonePe says Ventureeast sold shares to Affle in a side deal while engaging on the sale of same shares in favor of PhonePe

Latest stock market News for tomorrow Access previous news reports: 1124112511261127112811291130113111321133113411351136113711381139114011411142

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NSE share market NEWS tomorrow (15 June, 2021). NSE stocks in NEWS (tomorrow)

 

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