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NSE share market NEWS tomorrow (26 May, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 May 2021

Bse was amongst the top gainers, currently trading at 911.35 in NSE with 6.297 times change in volumes and 14.054% change in price. Other gainers included Suzlon Energy with 9.259% price change and 2.818 times volumes, Pnb Housing with 5.45% price change and 0.662 times volumes, Pg Electroplast with 4.99% price change and 0.398 times volumes, and Kalyan Jewellers with 4.937% price change and 0.707 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.

Kpit Technologies was amongst the top losers, currently trading at 227.15 in NSE with 2.222 times change in volumes and -4.619% change in price. Other losers included Jindal Steel with -4.366% price change and 1.241 times volumes, Steel Authority with -4.195% price change and 0.731 times volumes, Adani Green with -3.778% price change and 0.844 times volumes, and Power Grid with -3.134% price change and 1.999 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.

Lithium buys out Pune-based SaaS mobility platform company for unknown sum. With the deal, Lithium will be able to provide a full range of transport solutions across vehicle categories including conventional internal combustion engine ones

Revised offer for Jaypee Infratech is legally compliant, says NBCC. At its meeting held on May 24, the Committee of Creditors (CoC) deferred the voting on Suraksha Group's bid

India is one of fastest-growing regions for us: Google's Debanjan Saha. While Covid is impacting overall activities, it isn't deterring growth in India, where a large engineering and product team in India is support Google's local customer base

Manappuram Finance consolidated Q4 net up 17.6% to Rs 468 cr, NII up 7.2%. Mulls listing of MFI subsidiary

Infosys CEO Salil Parekh's pay package rises to nearly Rs 50 cr in 2020-21. Parekh's compensation was at Rs 34.27 crore in 2019-20.

Singapore Airlines not to go for M&A, Vistara investments to continue. Fundraising primarily to shore up liquidity of the company

Berger Paints Q4 net profit at Rs 209 crore on revenue of Rs 2,026 crore. Berger Paints is the second largest paint company in India with 16 manufacturing units.

Hitachi ABB Power Grids in India to go carbon neutral by 2030. Has already signed PPAs with a few green power generators in Gujarat, will sign more such contracts to move to 100% green energy by March 2022

BPCL posts net profit of Rs 11,940 cr in Q4, to pay final dividend of Rs 58. Revenue from operations rose 21% to Rs 98,756 cr

Karnataka Bank Q4 net profit rises 15% at Rs 31 cr; NII declines 13%. The capital adequacy ratio improved to 14.85% in March 2021

Covid-19 impact: Many startups, MSMEs stare at closure, says survey. Startups and MSMEs have been in the race for survival, especially since the onset of the Covid-19 outbreak in 2020

BPCL declares record Rs 12,581 cr dividend ahead of privatisation. Bharat Petroleum Corporation Ltd (BPCL) on Wednesday declared a record Rs 12,581 crore dividend, more than half of which will go to the government, ahead of the privatisation of the company.

Yalo raises mn funding led by existing venture investor B Capital Group. Yalo will use the financing to deepen its presence in Latin America and Southeast Asia

Firms linked to Guptas got 49 bn rands irregularly from parastatal corps. A host of companies linked to the controversial Gupta brothers received a total of over 49 billion rands in irregular payments, a witness has claimed at the Commission of Inquiry into State Capture

India's Koo raises million in funding round led by Tiger Global. Koo was founded by serial entrepreneurs Aprameya Radhakrishna, founder of Taxi For Sure and Mayank Bidawatka who previously founded companies like Media Ant and Goodbox

IIM-A, BITS grads launch mn fund to support & invest in student startups. Abhishek Sethi and Prateek Behera, graduates from IIM-A and BITS Pilani, respectively, have launched million fund to support and invest in startups founded by college students

Hitachi ABB Power Grids in India sets 2030 carbon-neutral programme. Hitachi ABB Power Grids in India on Wednesday announced a comprehensive programme to achieve carbon-neutrality targets by 2030 in its operations, reaffirming commitment to a sustainable energy future

Global TV market share of Samsung Electronics, LG Electronics crosses 50%. In the first quarter of this year, Korean companies took up more than half of the global TV market and showed off their presence

Women CEOs show more inclusive leadership style during Covid peak: S&P. Women CEOs emphasised empathy, adaptability, accountability and diversity more frequently than their male peers in public communications during the peak of Covid-19 pandemic, according to a new analysis from S & P Global in collaboration with researchers f

Gati to exit cold chain solutions biz; Q4 loss widens to Rs 173.40 cr. Express distribution and supply chain solutions firm Gati Ltd, on Wednesday said it is exiting from its cold chain solutions business -- Gati Kausar India

No financial data lost in leak, says Dominos about incident in March. Parent company Jubilant Foodworks experienced an information security incident, says Pizza company.

Tiger Global leads mn investment in microblogging website Koo. Koo's valuation crossed 0 million with the new funding, says the company.

Delhi HC directs Google to remove verdict acquitting man in drug case. The Delhi High Court has directed online search engine Google to remove links to a judgement acquitting an Indian origin American citizen of drug charges

Royal Enfield to shut manufacturing plants for three days amid Covid crisis. Tamil Nadu is one of the worst hit states with more than 30,000 cases a day last week.

TCS sees pandemic-driven boost in Europe as clients adopt new technologies. Europe has been the fastest growing region for TCS from where it gets about a third of its annual revenue of .17 bn

LT Foods Q4 net profit rises 2% to Rs 60 cr; stock falls 10%. Expenses were lower at Rs 1,058.12 crore as against 1,132.89 crore a year ago.

2-wheelers to account for 8-10% of sales by 2025; 30% by 3-wheelers: ICRA. The electric two and three-wheelers volume are expected to account for 8-10 per cent and 30 per cent of new vehicle sales in the country by 2025, respectively: Report

A dive into the fate of FB, Twitter, WhatsApp as new IT rules deadline ends. Tune in to the podcast to learn about the fate of these social media giants after the deadline ended in India. Also, what's their take on the matter, among other things

Organised dairy to grow 5-6%, cross Rs 1.5 trillion in FY22: Crisil. Sector seen shrugging off pandemic impact of last fiscal with improved supply chain

SoftBank-backed Ola completes vaccination for over 50% staff and dependents. The drive is live in Bengaluru where most of its employees are, and will expand to other cities in the weeks ahead as vaccine supplies improve

Young workers can drive an extra .9 trillion in corporate profits: Citrix. A Citrix Systems research found disconnect between what born digital employees want and what leaders think in India

PharmEasy acquires Medlife, becomes India's largest e-pharma company. As Medlife discontinues operations, its users will move seamlessly to Pharmeasy, which will now serve 2 million households every month

Global delivery management platform FarEye raises 0 mn in Series E round. The firm caters to a multibillion-dollar delivery management market that continues to show double-digit year-on-year growth

Godawari Power and Ispat posts multifold jump in Q4 profit at Rs 304 cr. Godawari Power and Ispat Ltd (GPIL) on Tuesday posted a multifold jump in consolidated net profit at Rs 304.01 crore for March quarter 2020-21, mainly on the back of higher revenues.

UK regulator probes Air India's data leak impacting 4.5 mn passengers. EU and UK laws require airlines to incorporate data protection measures and report data breach to regulators within 72 hours. Non-compliance can invite steep fines

AstraZeneca Pharma India Q4 net profit up nearly 3-fold to Rs 27.27 cr. Drug firm AstraZeneca Pharma India on Tuesday reported a nearly three-fold jump in its net profit to Rs 27.27 crore for the quarter ended March 31, 2021. The company had posted a net profit of Rs 9.57 crore for the corresponding period of the previous fisc

Thermax March-quarter net jumps nearly three-fold to Rs 107 crore. Energy solutions firm Thermax said its consolidated net profit jumped nearly three-fold to Rs 107.35 crore for the March quarter, mainly on the back of higher revenues.

Leveraging cloud can yield financial gains of 4 bn: Infosys Cloud Radar. A strong profit link was identified when using cloud to rapidly bring new solutions and services to market

Deloitte has designed programme that can be scaled in Covid fight, says CEO. Deloitte has developed "a very innovative, simple, fit-for-purpose programme" in the fight against Covid that can be scaled up in a quick span of time, its CEO Punit Renjen said

BPCL may sell some stake in IGL, Petronet to shed promoter status. BPCL is a promoter of 2 companies and since there is a change in ownership of the promoter firm, an open offer is triggered under Sebi (Substantial Acquisition of Shares and Takeovers) Regulations

NCLAT stays NCLT order asking CoC to consider Kapil Wadhawan's offer. NCLAT clarified that such appeals should not come in the way of the NCLT deciding on the approval of the resolution plan given by the Piramal Group which has already been approved by the lenders.

Stride Ventures announces new fund, targets corpus of up to Rs 1,875 crore. Investment firm Stride Ventures on Tuesday announced a debt fund for Indian startups with corpus that can go up to Rs 1,875 crore

Flipkart hires 23,000 employees to bolster its supply chain amid pandemic. Flipkart has hired 23,000 people across its supply chain, including delivery executives, in the last three months as the e-commerce marketplace strengthens the supply chain to fast deliver products

Chocolate maker Smoor to raise Rs 50 cr, open over 100 outlets in 5 years. Smoor will also be launching an experience centre in Bengaluru where visitors would be able to experience the craft of exquisite chocolate making.

Transcon Developers eyes Rs 2000 cr revenue from Andheri project. Transcon Developers, one of the prominent real estate groups in Mumbai has recently launched its second phase

RIL, TCS, Infy and SBI common thread in India's m-cap milestones. Over a span of 14 years, the top 10 list has undergone considerable change with names like Reliance Communications, ONGC and NTPC disappearing from the list

Aim to comply with IT rules, says Facebook as deadline ends today. The social media giant, however, said it continues to discuss a few of the issues which need more engagement with the government

Covid sparks a new wave of innovation across consumer industries: Accenture. The survey supports Accenture's previous findings that many changes in behaviour such as WFH and local shopping will likely be long-term

Flipkart hires 23,000 in 3 months as demand for e-commerce services surges. Additional hiring to meet demand for home delivery as people continue to remain indoors due to coronavirus pandemic

HDFC further sells Reliance Infra shares worth over Rs 43 crore. The country's largest mortgage lender HDFC Ltd has sold further shares of Reliance Infrastructure worth over Rs 43 crore

Infosys sees no major impact of Covid pandemic on client deliverables. IT major Infosys on Tuesday said it has seen no major impact on client deliverables due to the ongoing pandemic

Bajaj Electricals posts Rs 54.26 crore net profit for March quarter. Bajaj Electricals on Tuesday reported a consolidated net profit of Rs 54.26 crore for the quarter ended March 31, 2021.

Emami's net profit jumps over three-fold to Rs 87.73 cr in March quarter. FMCG firm Emami Ltd on Tuesday reported over three-fold jump in its consolidated net profit to Rs 87.73 crore for the quarter ended March 31.

'UK considering all options for Liberty Steel, nationalisation unlikely'. Britain is considering all options for Liberty Steel after the collapse of its main lender Greensill Capital, but nationalisation was the least likely route

Medlife to cease operations, merge with PharmEasy this week. PharmEasy cofounder Dhaval Shah wrote on LinkedIn that the merged entity will be India's largest online healthcare delivery platform, serving over 2 million families every month.

Venture debt player Stride Ventures launches Rs 1,000-cr second fund. Announces greenshoe option to raise an additional Rs 875 cr

Emami Q4 PAT up four-fold YoY to Rs 88 cr, drops 58% sequentially. The company cites higher input cost pressure due to inflation in key commodities, which led to a gross margin decline of 250 bps

DHFL resolution: Lenders move NCLAT against Kapil Wadhawan's offer. The committee of creditors cannot do it. Also, it requires a high threshold of approvals from the CoC.

Smartphone brand POCO registers 300% growth in India in Q1 2021. Smartphone brand POCO India on Monday said it has registered a massive 300 per cent growth in the first quarter (Q1 2021), becoming the fastest growing brand in the country

upGrad acquires video-enabled learning platform Impartus in Rs 150cr deal. Post the acquisition, Impartus has been integrated into the upGrad ecosystem and rebranded as 'upGrad Campus'

Cipla launches Roche's Covid antibody cocktail in India for Rs 60k per dose. The antibody cocktail (Casirivimab and Imdevimab) is to be administered for the treatment of mild to moderate Covid-19 in adults and pediatric patients

Olectra Greentech emerges as lowest bidder for supply of 100 e-buses. A consortium of Electric bus manufacturer Olectra Greentech and its sister concern Evey Trans Pvt Ltd has emerged as the least quoted bidder for the supply of 100 electric buses. "...Consortium of Evey Trans Pvt Ltd (EVEY) and Olectra Greentech Ltd has bee

Shares of Punjab & Sind Bank jump nearly 7% after turning profitable in Q4. Shares of Punjab & Sind Bank on Monday jumped nearly 7 per cent as the company turned profitable in the fourth quarter of FY21 after eight consecutive quarters of losses. The stock rallied 6.60 per cent to Rs 21.80 on BSE. On NSE, it jumped 6 per cent to R

Voting on Suraksha offer for Jaypee Infra deferred; bidders get more time. Committee of Creditors gives Suraksha and NBCC India seven days to file revised bids.

Dr Reddy's lines up Rs 1,000 cr capex for current fiscal on growth outlook. Dr Reddy's Laboratories has earmarked a Capex of around Rs 1,000 crore for the current fiscal as it remains positive about sustaining its growth trends in the current fiscal, top company official said

Slice, credit provider for young professionals, eyes bn gross transactions. Despite the pandemic, the company grew by 125 per cent in 2020 and has recorded a 40-50 per cent increase in average customer spends

SpiceJet gets relief on aircraft lease default case in British court. The court refused to take any action against SpiceJet on the grounds that forcing the airline to pay at this stage could result in the airline's insolvency

Share of top listed cos in home sales up from 6% to 22% in 4 years: study. Together they sold 21.23 mn sq ft area during first three quarters of FY21 (April-December 2020) despite the first wave of Covid-19, up 2% two over the year-ago period

NPCI onboards Turkish firm PayCore to develop softPoS solutions for RuPay. The idea behind SoftPoS is merchants can use their NFC-enabled smartphones as point of sale (PoS) machines to accept contactless payments

India Cements posts Rs 43.97 crore net profit in fourth quarter. This came on the back of strong sales.

Canara Bank board meeting on Friday to consider capital raise for this fiscal. The bank is looking to raise capital through a mix of equity and debt instruments

Barbeque Nation reports net profit of Rs 6 cr in Q4; EBITDA up 128%. Its revenue from operations increased 19 per cent to Rs 226 crore for the quarter under review

Amazon India to offer Covid financial support for frontline teams. This is for frontline teams of associates hired through staffing agencies and other eligible employees

EdTech startup Tekie raises .5mn in seed fund from GSV, Multiply Ventures. Better Capital has also participated in the round

Grasim Industries fourth quarter net profit rises 13.3% to Rs 2,616 cr. Grasim Industries' total expenses in the March 2021 quarter stood at Rs 20,887.16 crore, up 15.7 per cent as against Rs 18,053.40 crore a year ago.

Lenskart eyes tech startups to buy out or acqui-hire and boost core biz. Has already made two acquihires this year in DailyJoy and HighApe; is ramping up its 170-strong tech team with 80 more engineers by this August

Sanjeev Gupta's Liberty Steel to sell UK plant in restructuring plan. Liberty Steel, the company led by British Indian businessman Sanjeev Gupta, on Monday announced very constructive and productive meetings as part of its ongoing restructuring plans, which will result in the sale of its Stocksbridge plant in south-east Engl

Punjab & Sind Bank shares close over 4% higher after Q4 profit. Shares of Punjab & Sind Bank on Monday closed over 4 per cent higher as the company turned profitable in the fourth quarter of the financial year 2020-21 after eight consecutive quarters of losses. The stock rallied 7.33 per cent to Rs 21.95 during the day

Airtel says ready for 5G; deploys additional spectrum in Karnataka, TN. Bharti Airtel on Monday said its network is fully ready for 5G and also announced deployment of additional spectrum in Karnataka and Tamil Nadu to boost network quality. The company has deployed 11.2 Megahertz (Mhz) additional spectrum in Karnataka and 5 M

Mobile users may soon be able to switch from postpaid to prepaid using OTP. Mobile phone subscribers may soon be allowed to switch from a postpaid connection to prepaid and vice versa by using an OTP-based authentication and without a need to change SIM card

Bhavin Turakhia-founded Zeta enters unicorn club with .4 bn valuation. Banking tech startup attains value after 0 mn funding from SoftBank

WhatsApp responds to MeitY, says functionality won't be limited for users. Assures govt user privacy remains highest priority; recent update does not change privacy of personal messages

IPV backs salon-focused SaaS startup Glamplus with Rs 2-crore funding. Other investors in pre-series A round are Bounce co-Founder Anil G, Sadhan Enterprise MD-CEO Sachin Khandelwal, Transin CEO Sravan Kumar, Byju's AVP Abhishek Daiya and Shadowfax VP Anudeep Nagalia

DHFL lenders challenge NCLT order on considering Wadhawan's offer. The committee of creditors of DHFL has challenged the NCLT order directing the lenders to consider the offer by the debt-ridden mortgage firm's erstwhile promoter Kapil Wadhawan

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NSE share market NEWS tomorrow (26 May, 2021). NSE stocks in NEWS (tomorrow)

 

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