NSE share market NEWS tomorrow (19 May, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (19 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 May 2021
Oberoi Realty was amongst the top gainers, currently trading at 586.85 in NSE with 1.448 times change in volumes and 7.226% change in price. Other gainers included Indian Hotels with 5.824% price change and 1.607 times volumes, Mazagon Dock with 5.614% price change and 4.637 times volumes, Page Industries with 3.953% price change and 2.146 times volumes, and Bank India with 3.818% price change and 6.375 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.
Pi Industries was amongst the top losers, currently trading at 2571.30 in NSE with 4.462 times change in volumes and -6.208% change in price. Other losers included Coforge with -4.444% price change and 3.945 times volumes, Jindal Steel with -3.994% price change and 0.787 times volumes, National Aluminium with -3.15% price change and 0.515 times volumes, and Punjab National with -3.079% price change and 1.689 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.
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
Indiabulls Housing Finance Q4 consolidated net rises 102% at Rs 276 cr. The company's Board of Directors has recommended a final dividend of Rs 9 per share
Customers focus on transformation to drive growth for TCS: CEO. Customers embarking on multi-year technology refresh cycle and their increased focus on growth and transformation (G&T) initiatives are expected to provide strong growth levers for Tata Consultancy Services (TCS) in the medium and long term, its CEO Rajesh
Voda Idea offers one-time Rs 49 plan for free to 6 cr low-income customers. Vodafone Idea (Vi) on Tuesday announced that it will provide a one-time Rs 49 plan for free to its around 6 crore low-income customers to help them stay connected during this pandemic time. Additionally, Vodafone Idea customers in the target group will get
Bharti Airtel shares fall as key revenue metric miss analyst estimate. Shares of the country's second-largest telecom operator fell as much as 2.3% to Rs 537.25 in morning trade and were set for a fifth straight session of losses
Wadhwani Foundation announces mn grant to 10 charities for Covid-relief. Wadhwani Foundation (WF) has announced a support of million in grants to 10 charities and NGOs in a bid to help alleviate the devastating impact of the Covid-19 outbreak in India
Credit Suisse Group to hire over 1,000 IT employees in India in 2021. Credit Suisse said it planned to hire over 1,000 IT staffs in India this year to show its commitment to the country and its intention to establish it as a global technology innovation center for bank
KTM extends service, warranty periods of all bike models till July 31. Premium motorcycle brand and a part of the Bajaj Auto Group KTM extended the service and warranty periods of all its bike models in the country till July 31 in view of the raging pandemic
Macrotech Developers aims record Rs 9,000 cr sales booking in FY22. We believe that the first two months will have an impact of the second wave of Covid, says Lodha
Just 2% farmers use mobile app in field; little IoT post-harvest: Nasscom. 90% start-ups and tech firms have solutions focused only on pre-harvest, not on post-harvest which has a higher investment potential due to the presence of big companies
Canara Bank reports Q4 profit at Rs 1,011 crore on lower provisioning. The bank had posted a net loss of Rs 3,259.33 crore during the corresponding January-March 2020 quarter
Patanjali Ayurved raises Rs 175 cr through non-convertible debentures. Baba Ramdev-led Patanjali Ayurved on Tuesday said it has raised Rs 175 crore by issuing non-convertible debentures (NCDs).
Surge in vaccination to fortify revenues growth of glass makers: Crisil. Sharp increase in Covid-19 vaccination led pharma demand as well as expected healthy growth in end-user sectors is expected to drive revenue growth of glass makers, says ratings agency Crisil
COAI urges govt to remove fake messages on social media linking Covid to 5G. Telecom industry body COAI has approached the information technology ministry for the removal of fake and misleading messages from social media platforms
Standard Chartered to reimburse Covid expenses of 25,000 employees. Bankers are particularly vulnerable as they have to keep branches open; already over 1,000 bankers have passed away due to the pandemic
Tata Motors reports surprise loss of Rs 7,605 cr in Q4; revenue up 42%. The carmaker's revenue from operations came in at Rs 88,628 crore for the fourth quarter
Dukaan partners with Dunzo, Shiprocket to integrate delivery for retailers. Company is in talks with around a dozen more such startups as pandemic-led surges in demand for home deliveries indicate a long-term trend
Data centre sector requires .7 bn to develop 6 mn sq ft space: JLL. An investment of .7 billion (about Rs 27,000 crore) will be required over the next three years to develop six million sq ft space for the data centre sector, according to a report by JLL India
Canara Bank back in the black in Q4, posts net profit of Rs 1,010 cr. Its net interest income rose to Rs 5,589 crore in Q4FY21 from Rs 5,087 crore in Q4FY20
APSEZ gets CCI nod for 25% more stake purchase in Krishnapatnam port. The Competition Commission of India (CCI) on Tuesday gave nod to proposed acquisition of additional 25 per cent stake of Adani Krishnapatnam Port Ltd by Adani Ports and Special Economic Zone Ltd.
CCI approves sale of YES Bank's MF subsidiaries to GPL Finance. Fair trade regulator Competition Commission of India (CCI) on Tuesday approved the acquisition of Yes Asset Management (India) Ltd and Yes Trustee Limited by GPL Finance and Investments Ltd.
JSHL Q4 net grows over three-folds to Rs 350 crore on increased income. Jindal Stainless Hisar Ltd (JSHL) on Tuesday reported an over three-fold jump in its consolidated net profit at Rs 350.65 crore for the quarter ended March 31, mainly on account of increased income.
Torrent Pharma's Q4 consolidated net profit up 3 pc at Rs 324 crore. Drug firm Torrent Pharma reported a 3.18 per cent rise in its consolidated net profit to Rs 324 crore for the quarter ended March 31, 2021
CESL to procure 300 electric vehicles from Tata Motors. State-owned CESL on Tuesday said it will procure 300 electric vehicles from Tata Motors.
PNB scam: Nirav Modi staffer's bail plea on Covid-19 rejected. A special CBI court in Mumbai rejected the interim bail plea of Arjun Patil, who was arrested in connection with the multi-crore Punjab National Bank (PNB) scam
Vijay Mallya loses bankruptcy petition amendment High Court battle in UK. A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines
Top headlines: TaMo sees surprise Q4 loss; Canara Bank posts profit in Q4. Business Standard brings you the top headlines this evening
Infosys, Majesco collaborate to accelerate digital experience for insurers. IT services firm Infosys and Majesco, a cloud insurance software solutions provider, on Tuesday, announced a strategic collaboration to work together to help joint customers accelerate their digital transformation journey. This will help unlock new opportu
Flipkart and PhonePe continue to post strong growth in India: Walmart CEO. Strength in India, Canada, China helps Walmart International post .3 bn net sales; 8.3% decrease
Govt to sell nearly 2% SUUTI stake in Axis Bank, may get Rs 3,969 cr. Floor price set at Rs 680 a share; govt keeps option open to sell additional 0.74% stake
Ujjivan Small Finance Bank sees 86% net profit jump to Rs 136 crore in Q4. Ujjivan Small Finance Bank (SFB) on Tuesday reported an 86 per cent jump in its net profit to Rs 136 crore for the last quarter of the fiscal ended in March 2021.
More pharma firms should be allowed to make vaccine: Nitin Gadkari. Union Minister Nitin Gadkari on Tuesday suggested that more pharma companies should be allowed to make the COVID-19 vaccine in the country during the pandemic to scale up production.
Tata Motors narrows Q4 loss on strong operational show by JLR, India biz. The company took a hit of Rs 15,000 crore to re-cast JLR business
Ashok Leyland announces relief measures for pandemic-hit stakeholders. Commercial vehicles major Ashok Leyland on Tuesday announced various measures such as extending emergency support to vehicles transporting COVID essentials
Covid puts financial stress but expecting recovery soon: Airtel CEO. Bharti Airtel is experiencing financial pressures in the second wave of the COVID-19 pandemic, but expects the recovery to start soon, a top company official said on Tuesday.
Domestic air traffic fell 27% in April as second Covid wave hurts demand. The introduction of mandatory RT-PCR tests and lockdown like curbs introduced by various states including Maharashtra and Delhi dampened the demand
Amazon's acquisition of MGM would add to frenzy for streaming assets. The acquisitions are setting 2021 up to be a record for media deals. More than bn in takeovers have been announced so far this year
Second Covid-19 wave may delay 5G auctions: Bharti Airtel CEO Gopal Vittal. The Centre would get Rs 77,815 crore from the two-day auction-one of the shortest in a decade.
Delivery of 420k residential units may be delayed: Anarock report. Seventy-two per cent of the homes to be delivered by year-end have already been sold
Bharti Airtel reports consolidated net profit of Rs 759 crore in Q4. The telecom operator had posted a loss of Rs 5,237 crore in the corresponding period of 2019-20
Colgate-Palmolive India Q4 net profit jumps 54% to Rs 314.6 crore. Shares of Colgate-Palmolive India closed trade at Rs 1,596 apiece on the BSE on Monday, up 1.84 per cent over the previous day's close
Apollo Hospitals, Dr Reddy's announce vaccination drive with Sputnik V. Apollo Hospitals and Dr Reddy's Laboratories on Monday said they are collaborating to initiate a COVID-19 vaccination programme in the country with Sputnik V. The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and in Vi
Gland Pharma's Q4 consolidated net profit up 34% at Rs 260.4 crore. Drug firm Gland Pharma on Monday reported a 34 per cent rise in its consolidated net profit to Rs 260.4 crore for the fourth quarter ended March 2021, on account of robust sales
Govt should move quickly to ramp up vaccine availability: Sangita Reddy. The government should move quickly to ramp up the availability of the COVID-19 vaccine in the country by enhancing domestic production as well as increasing procurement from abroad, Apollo Hospitals Joint MD Sangita Reddy said on Monday. Reddy also urged t
Jaypee Infra insolvency: NBCC, Suraksha asked to submit revised bids. State-owned NBCC and Suraksha group, which are in the race to acquire debt-laden Jaypee Infratech Ltd (JIL), will submit their revised bids by Tuesday
Covid vaccines: Medical refrigerators makers gearing up to meet mkt needs. Leading medical refrigerator makers such as Godrej Appliances, Voltas and Blue Star are gearing up to cater to needs of Covid vaccine manufacturers by enhancing their cooling technologies in view of the requirement to store vaccines at ultra-low temperatur
Mother Dairy offers VRS for employees at East Delhi plant. Mother Dairy, a leading milk supplier in the Delhi-NCR market, has come out with a voluntary retirement scheme (VRS) for employees working at one of its plants to bring operational efficiencies. The scheme is confined to its main plant at Patparganj in Eas
Adar Poonawalla exits Panacea Biotec; sells entire stake for Rs 118 cr. Serum Institute of India CEO Adar Poonawalla offloaded his entire stake in Panacea Biotec amounting to 5.15 per cent shareholding of the firm for Rs 118 crore, through an open market transaction
Top headlines: Airtel back in black in Q4; India loses gas field in Iran. Business Standard brings you the top headlines this evening
HCL Tech to hire 1,000 technology professionals from cloud, AI field in UK. HCL Technologies said it is hiring 1,000 technology professionals to support its clients in the UK and around the world.
Tata Motors Jamshedpur plant to undergo block closure from May 18-22. Homegrown automobile giant Tata Motors will undertake a block closure at its Jamshedpur facility from May 18 to May 22, as per an internal communication sent to its employees
Orient Cement Q4 net profit rises over two-folds to Rs 99.87 crore. C K Birla group firm Orient Cement Ltd on Monday reported an over two-fold jump in net profit at Rs 99.87 crore in the fourth quarter ended March 2021. It had posted a net profit of Rs 44.06 crore in the January-March quarter a year ago, Orient Cement said
HCL Technologies hires 1,000 technology professionals in the United Kingdom. The company also said in a statement that its CEO C Vijayakumar met UK Prime Minister Boris Johnson virtually in light of the current Covid-19 crisis.
India Inc's foreign investment jumps over two-folds to .51 bn in Apr'21. India Inc's foreign investment in the first month of this current fiscal jumped by more than two-times year-on-year to USD 2.51 billion, data from the Reserve Bank showed on Monday. Indian investors had committed USD 1.21 billion worth of outward foreign d
Bharti Airtel Q4 preview: Strong operating performance seen; ARPU may fall. Emkay expects Bharti's underlying momentum to remain intact through mix improvement, resulting in lowest wireless revenue decline of 2 per cent
Synechron to hire up to 2,000 professionals to boost India plans. Digital transformation consulting firm Synechron announced plans to hire up to 2,000 professionals to specifically boost its India operations in Pune, Bengaluru, Hyderabad, Mumbai and Chennai
Pine Labs secures 5 mn funding, unicorn firm's valuation tops bn. Company offers merchants payment technology and working capital; it started as a retail solutions player in petroleum.
KKR invests mn in Lenskart, says will help eyewear firm's growth. TPG Growth and TR Capital will each divest a portion of their holding in Lenskart.
Nuclear Power Corp to spend Rs 18,000 cr on capital expenditure in FY22. Atomic power generation company Nuclear Power Corporation of India Ltd (NPCIL) plans to spend about Rs 18,000 crore as capital expenditure this fiscal, said top company official
Moglix raises 0 mn in funds, joins India's growing unicorn club. Industrial business-to-business company is the fourteenth Indian company this year to reach unicorn status
Startup Virohan raises mn, says will train million paramedics by 2025. Company says it has trained over 5,500 people since the pandemic started last year.
HCL says it's expanding Covid help to states with hospital beds, equipment. Company will help set up a hundred-bed treatment facility in government hospital in Greater Noida.
Covid: AirAsia announces free cancellation, rescheduling for flights in WB. Budget carrier AirAsia India on Monday announced free cancellation and rescheduling for flights to and from West Bengal in the wake of a 15-day lockdown in the state
Biotech cos Tzar Labs and Epigeneres to launch early-detection cancer tests. Firms claim breakthrough with their RNA-marker tech which detects cancer even in stage zero
Federal Bank's Q4 net profit jumps 59% to Rs 478 crore, bad loans rise. Total income on a standalone basis, however, was down at Rs 3,832 crore in Q4FY21, as against Rs 4,108 crore in the corresponding quarter of FY20
Second Covid wave will delay earnings recovery of India Inc: Moody's. Moody's feels restrictions on movement and lockdowns in several parts of the country will lead to a weaker consumer sentiment and will hit housing and automobile sales
TVS scooter brand NTORQ crosses 100,000 sales mark in international markets. TVS Motor Company on Monday said its scooter brand NTORQ 125 has crossed one lakh sales milestone in the international markets.
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