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NSE share market NEWS tomorrow (25 May, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (25 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 May 2021

Himachal Futuristic was amongst the top gainers, currently trading at 48.95 in NSE with 1.229 times change in volumes and 9.508% change in price. Other gainers included Kalyan Jewellers with 7.698% price change and 3.699 times volumes, Phoenix Mills with 6.074% price change and 2.745 times volumes, Container Corporation with 5.337% price change and 0.81 times volumes, and Pg Electroplast with 4.999% price change and 8.803 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.

Union Bank was amongst the top losers, currently trading at 35.00 in NSE with 5.828 times change in volumes and -8.854% change in price. Other losers included Amber Enterprises with -5.592% price change and 1.643 times volumes, Pnb Housing with -5.257% price change and 1.247 times volumes, Sbi Cards with -4.938% price change and 0.859 times volumes, and Bharat Electronics with -4.877% price change and 0.718 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.

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

Glaxo gets ready for next pandemic after hiccups in Covid vaccine. Pharma giant is talking with the UK and other governments about building facilities to bring vaccine development onshore before the next crisis.

Maruti, Toyota, M&M remain bullish on long-term growth of used car business. Leading automakers Maruti Suzuki India (MSI), Mahindra & Mahindra and Toyota Kirloskar Motor are bullish on the long-term growth prospects of their respective used car verticals even as the second wave of COVID-19 continues to pose severe challenges to the

Discoms' outstanding dues to gencos fall 3% to Rs 78,379 cr in March. Total dues owed by electricity distribution companies to power producers fell 3.4% to Rs 78,379 cr in March 2021 as compared to the year-ago period, showing a reversal of discoms' growing outstandings

Macrotech Developers aims to be a debt-free company in next three years. Realty firm Macrotech Developers is targeting to bring down its net debt to zero over the next three years from the current borrowing level of around Rs 16,000 crore

Reliance-BP 'bubble' delivers two deep water gas fields despite Covid-19. Work bubbles for over 4,000 persons at peak of the project alongside navigating restrictions to source material and people globally helped deliver two deep sea gas fields

Covid: Renault-Nissan fights court battle with Indian workers on operations. Renault-Nissan India and workers at its plant in the southern state of Tamil Nadu have been locked in a legal tussle after workers petitioned a court to halt operations

Centre trashes reports of forex withdrawal from PSBs to dodge Cairn seizure. The govt says it is vigorously defending its case in the dispute but remains open to an amicable solution within the country's legal framework

Serum Institute disassociates from executive's remarks on Covid vaccination. Serum Institute has disassociated itself from its executive director's statement that govt began the Covid vaccination of multiple age groups without taking into consideration the available stock

Covid: Moderna CEO advocates 3rd vaccine dose to protect people at risk. Vaccination with a booster shot among as many people as possible is a good way to protect those most at risk against ever-emerging new coronavirus variants, says Moderna CEO Stephane Bancel

India challenges .2 bn Cairn award, says never agreed on tax arbitration. India had seized and sold shares of Cairn in its erstwhile India unit, confiscated dividend due and withheld tax refunds to recover the tax demand it had levied two years after passing a law in 2012

Birlas betting big on realty, lines up Rs 1,000-cr capex for Birla Estates. Century Textiles & Industries, which runs three business verticals -- paper & pulp, realty and paper tissues, and nets over 70 per cent of the income from the first -- is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for

'Misleading': JSW Steel denies reports on Liberty Steel assets buy. In a statement on Saturday, JSW Steel said its focus remained in India for now and it was not looking at acquiring any overseas assets

Deal numbers touch a decadal high in April despite Covid-19 pandemic. Achieving market leadership position appeared to be the rationale for the big-ticket domestic transactions

Shoppers Stop Q4 net loss narrows to Rs 24 cr; total income declines 3.7%. Department store chain Shoppers Stop narrowed its consolidated net loss to Rs 24 crore in the January to March quarter (Q4 FY21) as compared to a net loss of Rs 127 crore in Q4 FY20.

JSW Steel examining bid for Sanjeev Gupta's British business: Report. JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, people familiar with the matter said, as would-be buyers circle Sanjeev Gupta's global commodities empire

Hero MotoCorp to resume operations at all manufacturing units from May 24. It had started single shift production at three of its plants -- Gurugram and Dharuhera in Haryana and at Haridwar in Uttarakhand -- from May 17

Axis Bank awaits nod to reclassify 3 promoters as public shareholders. United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as public category shareholders post requisite regulatory approvals

Sundaram Home Finance mulls raising Rs 2,500 crore to fund growth. Sundaram Home Finance is a wholly-owned subsidiary of non-banking finance company Sundaram Finance Ltd

Amara Raja Batteries' Q4 net rises 38% to Rs 189 crore on robust sales. Net revenue from operations stood at Rs 2,103 crore as against Rs 1,581 crore in the fourth quarter of 2019-20

Sugar stocks trading weak on subsidy squeeze may be an anomaly. The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday

South Indian Bank reports Rs 7 crore net profit in March quarter. The bank reported a net interest income of Rs 561 crore, down 6 per cent year-on-year (YoY)

Export Import Bank of India FY21 net profit up 105% to Rs 254 crore. The loan book expanded by 4.43 per cent to Rs 1.03 trillion in March 2021.

State Bank of India Q4 profit up 80% at Rs 6,451 crore, beats estimates. Lender posts highest-ever full year net profit of over Rs 20,000 crore

Air India servers hacked; passengers' passport, credit card data leaked. Airline has set up a special cell to communicate with impacted customers

Top headlines: SBI Q4 net jumps 80%; Karnataka lockdown extended by 2 weeks. Business Standard brings you the top headlines this evening

Toothpaste firm's numbers show India Inc profits won't survive costs, Covid. Consumers won't stop brushing their teeth, but they will look for cheaper ways to do so.

Hindustan Petroleum Corp to fully start revamped Mumbai refinery by July. Hindustan Petroleum Corp.'s Mumbai refinery will start full scale operation at a higher capacity of 190,000 barrels per day (bpd) by end-June or in July, its chairman M K Surana said on Thursday

Oyo Hotels seeks to raise 0 mn loan, offers generous terms to investors. Oyo's loan also features maintenance covenants, which are usually only included for companies that are considered risky by investors.

SBI Q4 net profit jumps 80% YoY to Rs 6,451 crore on lower provisioning. During the quarter under review, the Mumbai-based lender's provisions and contingency fund dropped 18.11 per cent year-on-year (YoY) to Rs 11,051 crore

Kapil Wadhawan's 2nd proposal must be tested on merit, put to vote: NCLT. Directs administrator to place proposal before the CoC and inform the outcome within 10 days

Govt notifies solvency rules for foreign-owned insurance companies. Rules mandate 50% profit in general reserve if solvency margin is not maintained after profit repatriation, half the board should consist of independent directors

Second Covid wave flattens fizz for soft-drink makers, says Crisil. India's non-alcoholic beverages industry is unlikely to reclaim pre-pandemic levels this fiscal: Crisil

Hindalco's Q4 consolidated net profit nearly triples to Rs 1,928 crore. Revenue from operations came in at Rs 40,507 crore for the quarter under review, an increase of 38 per cent from Rs 29,318 crore in the same period last year

HC stays ONGC tender, e-auction of natural gas from KG-basin till June 4. The Delhi High Court has put on hold state-run ONGC's notice inviting tender and the consequent e-auction with regard to sale of natural gas from its block in KG basin in Kakinada, Andhra Pradesh

JSW Steel reports highest-ever profit at Rs 4,198 cr in Q4, up 1717% YoY. Revenue from operations came in at Rs 26,934 crore for the quarter under review, an increase of over 50 per cent year-on-year

Volvo Car India offers term insurance coverage to employees at dealerships. Volvo Car India on Friday said it has covered all employees of its dealerships under a term insurance policy of up to Rs 10 lakh in the wake of the second wave of the coronavirus pandemic. Stating that one of the major concerns during this pandemic has bee

Flipkart kirana partners post 30% rise in monthly delivery incomes in 2020. Kirana partners from Hyderabad saw the highest growth followed by those from Ahmedabad, Mumbai, Bengaluru and Pune

Zomato begins vaccination drive for 150,000 frontline staff and employees. Initiative will start in Mumbai and Bengaluru, and then be taken other cities next week

Hindalco Industries Q4 consol PAT triples to Rs 1,928 cr on robust revenue. Company's net debt/EBITDA ratio at pre-acquisition levels of Aleris

Jio adds 15 MHz spectrum in Karnataka to enhance subscriber experience. Jio has implemented additional 15 MHz spectrum across Karnataka to enhance subscriber experience

IndiGo orders 620 CFM engines for A320neo, A321neo, and A321XLR aircraft. IndiGo announced that it has selected CFM International 'LEAP-1A' engines to power its fleet of 310 new Airbus family of aircraft which will be delivered from 2023 onwards

Natco starts phase-3 trials of Molnupiravir capsules for Covid-19 treatment. Natco Pharma on Friday said it has initiated phase-III clinical trials of Molnupiravir capsules to evaluate its efficacy in treating patients with mild COVID-19.

United Spirits Q4 profit up four-fold to Rs 203 cr; net sales up 20%. Diageo-controlled liquor maker United Spirits Ltd on Friday reported a four-fold jump in consolidated net profit to Rs 203.3 crore for the fourth quarter ended March 2021, helped by double-digit growth in sales. The company had posted a net profit of Rs 49

JSW Steel posts massive 18-fold hike in consol Q4 PAT at Rs 4,198 cr. Top line up 51% to Rs 26,456 cr; last year's Q4 profit was just Rs 231 cr

Hindustan Zinc's oxygen bottling plant in Rajasthan over 10K cylinders. Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday said it has dedicated its entire supply of oxygen from its plant in Rajsamand for the fight against the Covid-19 pandemic in Rajasthan.

Vedanta says evaluating Sebi order imposing fine on its unit, Cairn India. Vedanta Ltd on Friday said it is evaluating a Sebi order imposing a fine of Rs 5.25 crore on its erstwhile unit, Cairn India

JSW Steel examining bid for Sanjeev Gupta's British business: Report. JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry

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