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NSE share market NEWS tomorrow (17 May, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 May 2021

Himachal Futuristic was amongst the top gainers, currently trading at 42.55 in NSE with 4.291 times change in volumes and 14.382% change in price. Other gainers included Kpit Technologies with 7.415% price change and 1.14 times volumes, Indusind Bank with 7.364% price change and 1.781 times volumes, National Aluminium with 6.517% price change and 0.696 times volumes, and State Bank with 6.284% price change and 2.06 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.

Oracle Financial was amongst the top losers, currently trading at 3520.05 in NSE with 1.458 times change in volumes and -4.719% change in price. Other losers included Cipla with -2.528% price change and 0.938 times volumes, Phoenix Mills with -2.07% price change and 1.58 times volumes, Icici Pru with -2.044% price change and 0.819 times volumes, and Larsen Toubro with -2.031% price change and 2.111 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.

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

MCFL Q4 profit down 38% at Rs 15 crore; revenue up at Rs 603 crore. Mangalore Chemicals and Fertilisers Ltd on Saturday reported a 38 per cent decline in its net profit at Rs 15.11 crore for the quarter ended March

JP Morgan earmarks .8 mn in aid for India employees amid Covid-19. Global investment banking major JP Morgan Chase has increased its COVID-19 support to the country manifold, taking the total planned aid to close to USD 16 million, of which USD 3.8 million is for supporting its over 35,000 employees in India. The head of

Hyundai plans to invest .4 bn in US by 2025 on EVs, production facilities. Hyundai plans to invest .4 billion in US by 2025 to make electronic vehicles, enhance production facilities and invest further in smart mobility solutions

L&T Q4 preview: PAT seen rising up to 18% YoY as margin pressures ease. Ability to hold on to margins amid higher raw-material prices and restored salaries/wage cuts through cost control, order pipeline, and commentary on FY22 guidance among key monitorables

Go Air files IPO papers to raise Rs 3,600 crore, rebrands itself. India's largest airline by market share will use the proceeds to meet debt obligations, pay oil companies.

Sterlite Copper oxygen plant in TN hits 'technical snag', halts production. Vedanta Ltd owned Sterlite Copper Plant which recently, commenced production of medical oxygen at its facility in Tamil Nadu has faced a 'technical snag' in a cold box

High Covid-19 testing costs can stall global aviation recovery: IATA. The International Air Transport Association (IATA) has called on governments to ensure that high costs for Covid-19 testing do not put travel out of reach for individuals and families

Mphasis consolidated net profit declines 10.2% to Rs 316.9 cr in Q4. IT firm Mphasis has reported a 10.2 per cent decline in its consolidated net profit to Rs 316.9 crore in the March 2021 quarter

IEX posts Q4 standalone revenue of Rs 102 crore on rising transactions. Indian Energy Exchange (IEX) witnessed 41 per cent increase in transaction revenue

Tata Digital to raise Rs 5,000 cr via commercial papers to expand business. Tata Digital is creating a platform for the Tata Group's consumer business, acquiring 64 per cent in online grocer Big Basket.

Dr Reddy's consolidated net dips 28% to Rs 554 crore in March quarter. Dr Reddy's Laboratories on Friday reported a consolidated net profit of Rs 554 crore for the quarter ended March, down 28 per cent from Rs 764 crore in the same period of the previous fiscal.The company said selling, general and administrative (SG & A) exp

Alembic Pharmaceuticals gets USFDA nod for bipolar depression drug. Drug firm Alembic Pharmaceuticals on Friday said it has received final approval from the US health regulator for Lurasidone Hydrochloride tablets, used to treat bipolar depression. The approved product is therapeutically equivalent to the reference listed

Jio announces free talk time offer for JioPhone users during Covid pandemic. Reliance Jio said it is working with Reliance Foundation to provide 300 free minutes of outgoing calls per month, which amounts to 10 minutes per day, for the entire period of the pandemic

L&T arm bags contracts worth Rs 2,500-5,000 crore for Chennai Metro. The construction arm of Larsen & Toubro has secured orders worth Rs 2,500-5,000 crore from its heavy civil infrastructure business in India.

Escorts Q4 net profit jumps two-fold to Rs 285.41 crore on robust sales. The company had posted a consolidated net profit of Rs 127.73 crore in the same period previous fiscal

Koo in talks to raise funds; hopes to close a deal in 3-4 months. Twitter rival Koo is in discussions with investors to raise funding and hopes to close a deal in the next 3-4 months, Koo co-founder Aprameya Radhakrishna said.

Shriram City Union Finance to infuse Rs 500 cr in Shriram Housing Fin. Mortgage financier Shriram Housing Finance (SHFL) Friday said its promoter Shriram City Union Finance will infuse Rs 500 crore in the company. Shriram City Union Finance (SCUF) has already invested Rs 200 crore and plans to infuse the remaining amount over

Welspun India Q4 net surges 48%, announces Rs 200 crore share buyback. The total income during the quarter under review stood at Rs 2,173.56 crore as against Rs 1,664.46 crore in the corresponding quarter a year ago

JSL posts consolidated net profit of Rs Rs 293 cr in March quarter. Jindal Stainless Ltd (JSL) on Friday reported a consolidated net profit of Rs 292.61 crore for the fourth quarter ended March 2021.

L&T Q4 net rises 3% to Rs 3,293 cr, sees Covid impact on Q1 growth momentum. L&T's order inflows during the March quarter stood at Rs 50,651 crore, which is a decline of 12 per cent over the year-ago period

Mahindra 'walks the talk' with free Covid jabs for dealers' employees. Others including Tata Motors and Ford India are also doing their bit to support channel partners

Aditya Birla Capital PAT up 2.6x to Rs 375 crore in March quarter. Aditya Birla Capital Ltd reported its highest ever quarterly profit after tax at Rs 375 crore in Q4 FY21, marking a 2.6 times growth year-on-year and 30% growth over the previous quarter

Yes Bank to sell property of Magnum Solution for recovery of Rs 345 cr. Yes Bank has invited bids for sale of immovable assets of a borrower, E Commerce Magnum Solution Ltd, to recover dues of over Rs 345 crore.

Mumbai Angels back cloud-based neobank Nemo with undisclosed funding amount. A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the financial tools, resources, and networks that large corporations have access to

Cipla Q4 profit up 73% at Rs 412 cr, total revenue at Rs 4,606 cr. Drug major Cipla on Friday posted 73 per cent rise in consolidated net profit at Rs 412 crore for the fourth quarter ended March 31, 2021 on the back of robust sales across markets. The Mumbai-based firm had reported a net profit of Rs 238 crore in January

Bata India appoints ex-Britannia exec Gunjan Shah as country CEO. Shah takes over next month; Sandeep Kataria, Bata India's current CEO, has been elevated to the position of global CEO

Passing on your password? Online streaming services are past it. Many of us were taught to share as kids. Now streaming services ranging from Netflix to Amazon to Disney+ want us to stop.

Mindspace REIT to distribute Rs 285 crore as dividend to unitholders. Mindspace Business Parks REIT on Friday declared a distribution of Rs 285.2 crore to its unitholders for the quarter ended March.

CG Power seeks shareholders nod for preferential allotment of shares to SCB. CG Power and Industrial Solutions on Friday said it will seek shareholder approval to allot 1.38 crore shares for Rs 101.20 crore to Standard Chartered Bank on a preferential basis

L&T Q4 consolidated net profit up 3% to Rs 3,293 crore on higher revenues. All verticals posted YoY increase in revenue, while most saw profits grow

UK's anti-fraud agency investigating Sanjeev Gupta-led GFG Alliance. The London-based lender supplied billions of dollars in loans to GFG, many of which were packaged and sold as funds

Blue Dart to operate drones for delivery of vaccines and medicines. The Ministry of Civil Aviation (MoCA) has granted the project with necessary exemptions and rights to fly drone flights on an experimental basis in Telangana

O2C, Indian Oil Corp bag supplies in intense bidding for KG-D6 gas. RIL and its partner BP of the UK had offered 5.5 million standard cubic meters per day of additional gas in the auction for a flexible tenure of 3-5 years

Piramal Enterprises trims loss to Rs 510 crore in March quarter. The total dividend pay­out on this account would be Rs 788 crore

Apple India logs record quarter: PC, smartphone, iPad biz grows rapidly. Sales hit likely in Apr-June

TV ad volumes rise 39% in Jan-April; coming months likely to be challenging. The trend is in line with what has been visible since the 'unlock' phase began last year, when pent-up demand began pushing up ad volumes on TV

Boeing wins approval for 737 Max electrical fix, notifies airlines: Report. Boeing Co won approval from US regulators for a fix of an electrical grounding issue that had halted flights for about 100 737 MAX airplanes, clearing the way for their quick return to service

UST partners with BlueYonder to improve digital services for retailers. Blue Yonder experts will join UST to introduce add-on capabilities for customers, companies say.

Latest stock market News for tomorrow Access previous news reports: 1145114611471148114911501151115211531154115511561157115811591160116111621163

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