NSE share market NEWS tomorrow (21 May, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 May 2021
Indian Bank was amongst the top gainers, currently trading at 140.30 in NSE with 15.267 times change in volumes and 10.778% change in price. Other gainers included Himachal Futuristic with 10.586% price change and 1.95 times volumes, Ncc with 5.822% price change and 2.827 times volumes, Pnb Housing with 5.715% price change and 12.575 times volumes, and Bank Baroda with 5.621% price change and 2.37 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.
Havells India was amongst the top losers, currently trading at 1028.30 in NSE with 3.532 times change in volumes and -4.108% change in price. Other losers included Bosch with -3.519% price change and 0.48 times volumes, Cyient with -2.533% price change and 0.541 times volumes, Marico with -1.993% price change and 1.834 times volumes, and Cummins India with -1.768% price change and 0.779 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.
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
Kirana partners see 30% rise in monthly delivery incomes in 2020: Flipkart. Walmart-owned Flipkart on Friday said its Kirana partners across the country registered an increase of nearly 30 per cent in their average monthly delivery incomes in 2020.
Gautam Adani becomes Asia's second richest person after Mukesh Ambani. The six Adani Group companies had combined market capitalisation of Rs 8.36 trillion as on Thursday
Five pharmaceutical companies get approval to make black fungus drug. These developments come amid fast spread of the disease in various states and shortage of drugs to treat them.
Committee of creditors rejects NBCC resolution plan for Jaypee Infratech. Lenders to vote on Suraksha plan from Monday
SBI Q4 preview: Analysts see 65-115% YoY PAT growth on lower provisions. Emkay Global feels that SBI's slippages may remain moderate with limited non-performing assets (NPAs) in retail and no lumpy corporate barring Srei
DBS can fund billion for Citi India's assets, Bernstein analysts say. DBS CEO Piyush Gupta had said that he is interested in the U.S. bank's assets that are for sale in India, as well as in China, Taiwan and Indonesia.
Blockchain, cryptocurrency can help democratise financial services: PayPal. Digital payments major PayPal said the technological shift brought in by blockchain and cryptocurrency can help democratise financial services and bring in greater financial inclusion
Bosch reports nearly 5x rise in Q4 net profit at Rs 482 crore. The company announced a dividend of Rs 115 per share for the financial year 2020-21
ANSR raises mn from Sistema Asia Fund and Evolvence in Series B round. ANSR had earlier raised Series 'A' from Accel Partners, who will remain invested as the firm's largest shareholder
India's largest vial maker expects sales to triple on vaccine ramp up. Schott Kaisha is also in talks with Indian manufacturers of Russia's Sputnik V vaccine to supply millions of vials, but is yet to receive bulk orders
The govt vs WhatsApp controversy over new privacy policy explained. This is the second time the government has asked the Facebook-owned firm to withdraw its new privacy policy. And that makes the matter a tad crucial to all WhatsApp users in the country
Indian hospitality industry's RevPAR falls 39% in first quarter: JLL. India's hospitality industry witnessed a decline of 38.7% in Revenue Per Available Room (RevPAR) during the first quarter of 2021 as compared to the year-ago period
Miscalculations may have ended ONGC vessels in cyclone whirlwind: Report. Inadequate advance notice and miscalculations of cyclone Tauktae's ferocity and its path may have contributed to a false belief that oilfield operations in the Arabian Sea need not be paused
Swiggy begins vaccination drive for delivery partners, frontline staff. Food delivery startup will enable quick and free vaccine access and cover loss of pay for the period the delivery partner spends in getting both the doses
Unichem Labs gets USFDA nod to market generic antidepressant tablets. Drug firm Unichem Laboratories on Thursday said it has received approval from the US health regulator to market generic Amitriptyline HCl tablets used in the treatment of depression. The company has received abbreviated new drug application (ANDA) approval
Covid-19: Mercedes-Benz extends warranty, free service period till June 30. German luxury carmaker Mercedes-Benz said it has extended warranty and free service period for its customers till June 30 in view of the second wave of the coronavirus pandemic in the country
AirAsia posts record quarterly loss as pandemic devastation continues. The loss was primarily attributable to the impairment of assets; revenue for the quarter fell 11.2%
Indian Oil Corp says will buy Iranian oil if US sanctions are lifted. Iranian oil coming into the market will not just cool prices but also help India diversify its import baskek
Chip shortage is a global phenomenon, may persist till 2022: Bosch. Company's capex plan for FY22 dips for the first time in several years, is pegged at Rs 200 cr
Zee Entertainment's Q4 profit at Rs 272 cr, ad revenue up marginally. Its total income during the quarter under review was Rs 1,984.39 crore against Rs 1,991.74 crore in the corresponding quarter
Softbank-backed Oyo seeks 0-million loan amid virus surge: Report. Funds sought by hotel startup to bolster balance sheet, service older loans
Brookfield Real Estate Trust posts flat net operating income of Rs 655 cr. Brookfield India Real Estate Trust on Thursday reported an almost flat net operating income of Rs 654.8 crore for the last fiscal year
Elevation Capital leads seed round in women's activewear brand BlissClub. India is the world's fastest growing activewear market with women's segment contributing to most of the growth
Havells consolidated net profit rises 71% to Rs 304 cr in March quarter. Consumer electrical goods maker Havells India on Thursday reported 70.95 per cent rise in consolidated net profit at Rs 303.83 crore for the fourth quarter ended March 31, 2021.
Torrent Power Q4 PAT at Rs 398 cr versus Rs 274 cr loss a year ago. However, due to Covid-19 and power sector stress, consolidated income rose marginally by three per cent
Volkswagen extends service period, warranty on products till Jun 30. Volkswagen Passenger Cars India has extended the service period and warranty on products till June 30 to support its customers, dealers and employees across the network
Barge tragedy: NCP seeks culpable homicide case against ONGC. The NCP on Thursday demanded registration of a culpable homicide case against the ONGC in connection with the barge tragedy caused off the Mumbai coast when cyclone Tauktae brushed past the city.
Torrent Power posts consolidated net profit of Rs 398 cr in March quarter. Torrent Power on Thursday posted a consolidated net profit of Rs 398.10 crore in the January-March quarter driven by higher revenues.
Suzlon board okays allotment of 2.36 cr shares post conversion of bonds. Suzlon Energy on Thursday said its board has approved allotment of 2.36 crore equity shares following conversion of dollar denominated bonds.
Mindtree to acquire NxT Digital Business of L&T Group for Rs 198 cr. Unit was founded as a startup with broad digital capabilities within L&T. It has played a key role in applications of IoT tech and digitalisation of many of L&T's operations
Uncertainties rise as pandemic impacts customer orders: Exide Industries. Exide Industries said uncertainties have increased as customer orders have started getting impacted due to the second wave of COVID-19
Flipkart restructured biz model to control over inventory, alleges CAIT. Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control ove
Apollo Tyres gets nod to re-start production at Kerala manufacturing plant. Apollo Tyres on Thursday said it has received permission from the authorities to re-start operations at its manufacturing plant at Perambra in Kerala from May 21. On May 17, the company had informed about the closure of plant till May 23, 2021, pursuant to
SoftBank-backed Ola strengthens UK Board with senior appointments. Names include luminaries such as S&P Global director Mike Rake who takes over as non-exec chairman and global transport expert Leon Daniels, an independent director
Moody's assigns first-time 'B3' ratings to OYO, outlook stable. Moody's CFRs are opinions of a corporate family's ability to honor all of its financial obligations
Huawei to set up 50-bed Covid care facility in Gurugram; provide equipments. Telecom gear maker Huawei India said it will set up a 50-bed COVID-19 medical care facility in Gurugram in partnership with a local medical institution. Besides, the company is facilitating the availability of 400 oxygen concentrators, 400 contactless remo
Hindustan Petroleum Q4 net profit jumps to Rs 3,018 cr on inventory gains. Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported its March quarter net profit soaring many folds to Rs 3,018 crore on the back of inventory gains and rise in refining margins. The company had a net profit of Rs 27 crore in January-March 2020
Top headlines: FY21 ITR filing deadline extended; Havells Q4 net rises 71%. Business Standard brings you the top headlines this evening
Panacea Infosec announces 30-40% salary hike, to raise headcount by 35%. Cybersecurity firm Panacea Infosec has given 30-40 per cent hike in salaries for all employees with effect from April, the company said on Thursday. Currently, the company has around 230 employees and plans to increase headcount in the range of 25-35 per c
Paytm Payments Bank continues to lead beneficiary banks on UPI, shows data. Beneficiary banks are the banks of the account holder who are receiving money.
Temasek-backed Fullerton Financial injects Rs 750 cr in Indian subsidiary. This comes within 12 months of a capital infusion for the same amount - in June 2020
RIL seeks NCLT nod for shareholder meeting to approve Future group deal. RIL has already extended the deadline of closure of the deal with Future in anticipÂation of procedural as well as delays resÂulting from the legal battle between Amazon and Future group
NCLT asks DHFL administrator to place Kapil Wadhawan's offer before CoC. The tribunal has asked CoC to convene within 10 days; DHFL's former promoter had earlier proposed to repay Rs 91,158 cr to lenders
Top headlines: Bitcoin plunges to ,066; IOC returns to profit in Q4FY21. Business Standard brings you the top headlines this evening
JK Tyre posts consolidated profit after tax of Rs 194 cr for March quarter. Revenue from operations in the quarter under review rose by 63.21 per cent to Rs 2,927.28 crore compared to Rs 1,792.56 crore in Q4FY20
Goldman Sachs buys stake in contract research firm Aragen Life Sciences. Goldman Sachs on Wednesday said it has made an investment in Aragen Life Sciences for a significant minority stake in the contract research organization. It, however, did not disclose the value of the investment. Goldman Sachs's alternative investing arm G
Kotak fund acquires 74% stake in HKR Roadways for Rs 715 crore. HKR is a special purpose vehicle (SPV), owned by a consortium led by the Gayatri Group
Jamie Dimon succession race has two women ahead of pack at JP Morgan. Marianne Lake and Jennifer Piepszak have been named as co-heads of consumer and community banking business.
Adani Green buys SB Energy from Softbank and Bharti; firm valued at .5 bn. Deal for company with range of assets is biggest acquisition in India's renewable power sector.
Chip shortage crisis enters 'danger zone', wait time reaches all time high. The gap between ordering a chip and taking delivery increased to 17 weeks in April, according to one research.
Vedanta restarts medical oxygen production at Sterlite Copper plant. Oxygen production at Vedanta Ltd's copper smelter plant or Sterlite Copper located in Thoothukudi was restarted on Wednesday, said a company official
Anupam Rasayan bags orders worth Rs 540 cr to supply speciality chemicals. Anupam Rasayan on Wednesday said it has bagged orders worth Rs 540 crore from two multinational companies for supplying speciality chemicals
S&P revises outlook on Tata Motors to stable on improving underlying demand. S & P Global Ratings has affirmed B ratings on Tata Motors and revised outlook to stable on improving underlying demand.S & P said the company's sales for the fourth quarter of fiscal 2021 indicate a material improvement in underlying demand for both comme
Hindustan Unilever to provide free oxygen concentrators in Delhi, Bengaluru. Fast-moving consumer goods major Hindustan Unilever Ltd (HUL) on Wednesday rolled out an initiative to make oxygen concentrators available free-of-cost to patients in Delhi NCR region and Bengaluru
TCS explains how it's remotely managing 400,000 employees during pandemic. Company retains talent by focusing on reskilling employees, incentivising them to stay on.
Bank of Baroda Q4 result preview: Here is what leading brokerages expect. Maintaining an optimistic view relative to the previous two brokerages, Motilal Oswal expects BoB's net profit to grow 82.6 per cent YoY to Rs 925 crore on the back of a sharp decline in provisions
Covid: Tata Motors extends free service, warranty period on CVs by 1 month. Tata Motors said it has extended the warranty and free service period by one month for those commercial vehicle customers whose tenures are due between April 1 and June 30
BDR Pharma inks licensing pact with Eli Lilly for Covid-19 treatment drug. Drug firm BDR Pharma on Wednesday said it has inked a licensing pact with Eli Lilly and Company for the manufacturing and distribution of Baricitinib for the treatment of Covid-19 in India
IOC Q4 results: Rs 8,781-cr net profit beats estimates on inventory gains. Revenue rose 18% to Rs 1.64 trillion
Royal Enfield recalls about 237,000 motorcycles on ignition coil defect. Royal Enfield said it will recall close to 236,966 motorcycles across some models due to defects in the ignition coil that can cause misfiring and, in rare cases, an electric short circuit
Indian refiners set to curb spot buying to make room for Iranian oil. The world's third largest oil consumer and importer halted imports from Tehran in 2019 after former US President Donald Trump withdrew from a 2015 accord
Covi-19: Audi India extends warranty, service period till June 30. Customers facing challenges owing to the lockdown will benefit from these extended plans,
TCS CEO Rajesh Gopinathan draws Rs 20.36 crore pay package in FY21. Tata Consultancy Services CEO and MD Rajesh Gopinathan took home a pay package of about Rs 20.36 crore in 2020-21, according to the company's annual report
TCS on a strong growth trajectory: Chairman N Chandrasekaran to investors. The company said in its annual report for FY21 said that in a highly fragmented global IT services market, it has grown at twice the rate of market growth over the past decade
Tata Projects secures Rs 2,000 crore order from Chennai Metro Rail. Tata Projects has won an order from the Chennai Metro Rail to build a nine-kilometre underground stretch with four stations for an estimated cost of Rs 1,999 crore. The project is part of the phase 2/corridor 3 of the Chennai metro and falls between Venugo
Axis Bank's Rs 4,000-crore OFS subscribed over 2x by non-retail segment. Most bids came in at Rs 701.6 as against floor price of Rs 680 per share; 5.8 mn shares to be auctioned to retailers on Thursday
Oyo announces bereavement policy for Covid-19-impacted staff and families. Eight months' pay in full to family of deceased, term insurance payout equalling three years' annual pay, education support for children, medical cover for survivors
Women are overworked, underpaid, and more stressed: Deloitte study. The working hours have increased for women, and so has household responsibilities, says Deloitte Women@Work report. While Indian companies are doing enough to check-in, not enough to ensure work-life
Wipro expects to access about 100,000 doses of Covid vaccine for employees. IT major Wipro on Wednesday said it expects to have access to about one lakh doses of COVID-19 vaccines for its employees and their families, beginning early June. The Bengaluru-based company said it has partnered with top-tier hospitals and a tech-enabled
IOC posts all-time high profit in FY21 of Rs 21,638 cr versus year-ago loss. Firm attributes remarkable to inventory gains caused by fluctuating global oil prices and rising sales of high-margin petrochemical products
Relief for Indian IT sector as Biden administration removes H-1B visa curbs. Dept of Homeland Security vacates rule that would have redefined H-1B specialty occupations, curbed off site placement of H-1B staff, and raised employer compliance obligations
Wipro to vaccinate 100,000 employees and their dependents starting June. Ties up with top-tier hospitals and tech-enabled online-to-offline delivery platform specialising in primary care and urgent response services
Karur Vysya Bank donates Rs 1 cr to TN State Disaster Management Authority. Karur Vysya Bank on Wednesday said it has donated Rs 1 crore to the Tamil Nadu State Disaster Management Authority from its CSR funds to fight the current pandemic.
NBCC bags a contract worth about Rs 597 crore in Uttarakhand. State-owned construction firm NBCC (India) Ltd said it has bagged a contract worth about Rs 597 crore in Uttarakhand
Bajaj Allianz to offer up to Rs 1 cr support to Covid effected employees. Bajaj Allianz Life on Wednesday said it will offer financial support of up to Rs 1 crore to the family of its employees impacted by COVID-19.
Govt orders inquiry into ONGC western offshore mishap that took 26 lives. Questions are being raised why so many persons were still at sea despite forecast of Cyclone Tauktae; Company officials said other barges managed to reach safer location but cyclone changed its path
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