NSE share market NEWS tomorrow (18 May, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (18 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 May 2021
Kei Industries was amongst the top gainers, currently trading at 601.15 in NSE with 18.301 times change in volumes and 14.038% change in price. Other gainers included Hindustan Zinc with 9.457% price change and 20.337 times volumes, Container Corporation with 7.265% price change and 5.029 times volumes, Ashok Leyland with 6.542% price change and 2.86 times volumes, and Indian Hotels with 5.908% price change and 2.187 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.
Canara Bank was amongst the top losers, currently trading at 146.65 in NSE with 2.796 times change in volumes and -4.463% change in price. Other losers included Persistent Systems with -3.036% price change and 0.512 times volumes, Union Bank with -3.03% price change and 1.485 times volumes, Godrej Consumer with -2.995% price change and 1.808 times volumes, and Himachal Futuristic with -2.468% price change and 0.468 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.
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.
Eli Lilly inks pact with Natco Pharma for Covid-19 drug baricitinib. Drug firm Eli Lilly said it has signed a voluntary licensing agreement with Natco Pharma to further expedite the availability of baricitinib for Covid-19 patients in India
Housing sales up 21%, new supply down 40% in January-March: Report. Housing sales increased by 21 per cent while new supply declined 40 per cent year-on-year during January-March 2021 across seven major cities, according to data analytic firm PropEquity
Here's what brokerages expect from Tata Motors' Q4FY21 results on Tuesday. Progress on EV platforms, especially in terms of hybrids, impact of lockdown on the near term on volumes, and impact of scrappage scheme on commercial vehicles will be the key things to track
Airtel's Q4 PAT declines 11% QoQ to Rs 759 crore; ARPU falls to Rs 145. The company's consolidated EBITDA stood at Rs 12,583 crore for the quarter under review
Tauktae: Bombay High barge de-anchors, but all 261 onboard safe, says ONGC. ONGC said a barge with 261 of its personnel deployed for offshore drilling in Bombay High in the Arabian Sea got de-anchored and started drifting because of the cyclonic storm Tauktae
Second Covid-19 surge will drag earnings recovery for India Inc: Moody's. Automobile, housing sales to be hit; drop in fuel demand seen; Steel firms to see limited impact on output despite O2 diversion
Federal Bank posts best ever quarterly net profit, up 59% at Rs 477 cr. Lower provisioning boosts bottom line; operating profit down 7.74% in Q4FY21 to Rs 885 cr
Jio building largest international submarine cable system centred on India. Reliance Jio said on Monday it is constructing the largest international submarine cable system centred on India
M&M to provide financial aid to families of staff succumbing to Covid. Mahindra & Mahindra Ltd (M&M) will pay salary for the next five years besides a one-time payment of twice the annual compensation in case of any of its staff succumbing to COVID-19 under a family assistance programme, according to a letter by Mahindra Grou
Sidbi invites applications to hire specialists in IT on contractual basis. Small Industries Development Bank of India will hire information technology specialists on a contractual basis, including a CTO, to drive customer service amidst the increasing role of technology
Cipla open to forge a partnership to distribute Covid-19 vaccines in India. The company already makes and markets antiviral drugs like remdesivir, favipiravir in India apart from importing and distributing Roche's tocilizumab (Actemra)
M-cap of eight most valued India companies falls Rs 1.13 trillion. Only Reliance Industries Limited and State Bank of India book gains on a weekly basis.
McDonald's plans Rs 100 cr investment to open 30 outlets this fiscal. Westlife Development, which operates McDonald's restaurants in southern and western region in India, plans to invest Rs 100 crore to open up to 30 outlets in the current financial year
Sales of AC, other cooling products again hit by pandemic in peak season. For the second consecutive year, sales of air conditioners (ACs) and refrigerators have been hit during the peak season of April and May due to the localised lockdowns
Godrej & Boyce expects double-digit growth in healthcare biz going ahead. Consumer goods firm Godrej & Boyce is looking at double-digit growth in its healthcare business going forward, and after the pandemic started in March 2020, it has witnessed a sustained rising demand of its key healthcare products and solutions, said a top
Planes to gas cargoes: Cairn identifies -bn Indian assets for seizing. UK's Cairn Energy has identified billion of Indian assets overseas for potential seizure to collect .72 billion due from the government
Airtel announces benefits for low-income customers amid Covid crisis. Bharti Airtel announced special benefits for low-income customers on its network to help them stay connected during the ongoing pandemic
'Macrotech to invest Rs 2,800 cr in FY22 on construction of realty units'. Realty firm Macrotech Developers will double its investment on construction to Rs 2,800 crore in this fiscal to speed up works at various projects
Amazon, sellers tie up to supply 9,000 oxygen concentrators to Indian users. E-commerce giant is helping airlift the devices; first batch of 1,000 has already landed
Covaxin effective against India, UK coronavirus strains: Bharat Biotech. Bharat Biotech said its Covid-19 vaccine 'Covaxin' has been found to be effective against coronavirus strains found in India and the UK
Hester in talks with Bharat Biotech to produce Covaxin via tech transfer. Hester Biosciences on Sunday said it has tied up with the Gujarat government to explore the production of the Covid-19 vaccine through technology transfer from Bharat Biotech
Isro team at Sterlite Copper plant to fix snag affecting oxygen production. Vedanta Ltd owned Sterlite Copper plant has roped in experts from ISRO to help rectify the technical glitch developed in the cold box of its oxygen plant, leading to a suspension in production of th
Adani Green in advanced talks for SoftBank-backed SB Energy: Report. A deal could value SB Energy, owned by SoftBank Group Corp. and Bharti Enterprises Ltd., at more than 0 million
Flipkart hires Bain & Co partner Dinkar Ayilavarapu as VP-corp strategy. Reports to CEO Kalyan Krishnamurthy; Development comes amid company plans for IPO
Lufthansa to operate flights between India and Germany via Bahrain. Lufthansa said it will operate its 10 weekly flights between India and Germany via Bahrain instead of Dubai from Sunday due to recent restrictions imposed by the UAE government
Tauktae: Restore power since oxygen supply is at stake, says India Inc. Representatives of major industry associations and chambers of commerce also asked for real-time information about the cyclone and its trajectory
Route Mobile appoints Owen as chief executive officer for Europe, Americas. He will be based in the UK (London) office
Warburg Pincus ends JV with Lemon Tree Hotels for student housing. "Apparently, Warburg was not happy with the way the JV had progressed in the last two-three years," said sources
Fraud probe rocks embattled Gupta empire just as it seemed to win lifeline. For two months, Sanjeev Gupta has been scrambling to refinance after the collapse of his group's main lender, Greensill Capital
Cairn Energy sues Air India to enforce .2 bn arbitration award: Report. The move ratchets up pressure on India's government to pay the sum of .2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December
Cisco to acquire threat assessment platform maker Kenna Security. Networking major Cisco has announced to acquire Kenna Security, makers of a risk-based vulnerability management platform, for an undisclosed sum.
Here's how Facebook helps Zara owner sell clothes using video games. Spain's Inditex SA is responding to shift from physical stores to online sales by teaming up with Facebook and Instagram to develop "Pacific Game" to attract younger buyers to its Pull & Bear brand
Rossari Biotech posts 37% revenue growth in Q4 at Rs 218 crore. Rossari Biotech has posted 37 per cent increase in its revenues from operations during the quarter ended March at Rs 218 crore as against Rs 160 crore in the year-ago period
Zensar Technologies signs agreement to acquire US-based M3bi. This acquisition will be completely funded by internal accruals. Financial details of the deal were not disclosed
Tech Mahindra appoints 'Wellness Officer' to help workforce amid Covid. The new role has been created to institutionalise holistic wellness of all associates and to ensure access to medicine, hospitals and other medical supplies, says the IT firm
Cholamandalam Financial's standalone fourth quarter net at Rs 31.97 crore. : Cholamandalam Financial Holdings Ltd has reported a standalone profit of Rs 31.97 crore for the quarter ending March 31, 2021.
Jet Airways' annual general meeting on June 8: regulatory filing. The firm suspended operations more than two years ago
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