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NSE share market NEWS tomorrow (12 May, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 May 2021

Godrej Consumer was amongst the top gainers, currently trading at 872.85 in NSE with 19.055 times change in volumes and 21.872% change in price. Other gainers included Idea Cellular with 8.642% price change and 4.625 times volumes, Punjab National with 5.849% price change and 1.493 times volumes, Union Bank with 5.524% price change and 3.736 times volumes, and Bank India with 4.827% price change and 2.349 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.

Suzlon Energy was amongst the top losers, currently trading at 5.70 in NSE with 0.459 times change in volumes and -7.317% change in price. Other losers included Macrotech Developers with -6.513% price change and 1.502 times volumes, Steel Authority with -5.84% price change and 0.816 times volumes, National Aluminium with -5.786% price change and 1.104 times volumes, and Pg Electroplast with -4.958% price change and 1.679 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.

Jaypee Infra insolvency: Financial creditors meet on May 15 to discuss bids. Lenders and homebuyers of Jaypee Infratech will meet on May 15 to discuss the revised bids submitted by state-owned NBCC and Suraksha group to acquire debt-laden realty firm through insolvency process

India can have 40 mn 5G users in 1st year once service available: Ericsson. India can potentially have 40 million 5G users in the first year when the next-generation service is made available to them, a report released by telecom company Ericsson said on Wednesday.

Flipkart begins Covid-19 vaccinations for its front-line staff in India. The Walmart-backed e-commerce firm has relaxed the deadline for this year's goal-setting so that employees can completely focus on their health and well being.

Tata Power's Q4 consolidated net profit rises marginally to Rs 481 cr. Tata Power on Wednesday posted a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore for March quarter 2020-21. It had clocked a net profit of Rs 474.70 crore in the year-ago period, the company said in a BSE filing. Total income ro

Will raise monthly production of vaccines to 100 mn doses by August: Serum. Amid multiple states reporting a shortage of COVID-19 vaccine, Serum Institute and Bharat Biotech have submitted to the Centre their production plan for the next four months, informing they can ramp it up to 10 crore and 7.8 crore doses respectively by Aug

Birla Corporation March quarter net profit up 28% on higher sales. Revenues from operations stood at Rs 2,146 crore, up 24.9% YOY and 17.7% over the previous quarter

CarDekho appoints Mayank Jain as the CEO of its new auto business. Automotive platform CarDekho Group has appointed media industry professional Mayank Jain as the CEO of its new auto business.

Bosch suspends production at Nashik plant till May 23 due to Covid-19. Auto component major Bosch on Wednesday said it has suspended operations at its Nashik plant from noon till the midnight of May 23 to adhere to state government directives to break the transmission

Novelis posts 180% rise in net profit to 6 million for March quarter. Novelis, a wholly-owned subsidiary of Hindalco Industries Ltd, on Wednesday posted a 179.3 per cent rise in net income to USD 176 million for the quarter ended March 31, 2021.

Indian Standards for low-cost AC charging point for EVs within 2 mos: Govt. Indian Standards for low-cost AC charging point for electric vehicles (EVs) will be released within the next two months with target prices starting as low as Rs 3,500 for a charging unit.

Birla Corporation net profit up 28% in Jan-Mar quarter due to high sales. Birla Corporation Ltd on Wednesday reported a 28 per cent year-on-year rise in its net profit to Rs 249.33 crore in the fourth quarter ended March 31, 2021

Coronavirus impact: M&M expects Q1 volumes to decline 15%-20% q-o-q. 'Demand and supply for vehicles and tractors is expected to be impacted temporarily,' says the company

Jindal Steel opens capex window amid continued deleveraging plans. To double capacity via internal accruals with eye on debt/EBITDA ratio

Zydus Cadila to sell India animal health business for Rs 2,921 crore. We are sure that ZAHL will continue to grow and strengthen its position, said Pankaj Patel

Asian Paints Q4 consolidated net profit up 81% to Rs 870 crore on low base. The company's revenue from operations in Q4 was up 43.5 per cent to Rs 6,651.4 crore from a year ago

Airtel Africa net profit doubles to 4 million in March quarter. Airtel Africa said for the full year ended March 31, the reported revenue grew 14.2 per cent to ,908 million

SpiceJet to start Covid-19 vaccination drive for all employees from May 17. Budget carrier SpiceJet has said it will start a company-sponsored vaccination drive for all its employees from May 17. The drive will commence from Delhi and Gurugram, which is SpiceJet's headquarters, and will cover the airline's employees across all the

Maruti, MG Motor and Toyota extend free service, warranty amid Covid-19. The MG customers will now be able to avail their schedules until July 31, 2021

Skoda, Volkswagen line up 1 million euros aid to fight Covid-19 in India. Czech carmaker Skoda on Wednesday said it along with the Volkswagen Group (VW) has lined up one million euros (around Rs 9 crore) aid to support the fight against COVID-19 in India. Due to the serious humanitarian situation in India caused by the COVID-19

Long road to recovery: Covid-19 lockdown hits vehicle sales, shows data. Sales of two-wheelers during April stood at 995,097, 39 per cent lower than in April 2019

Elon Musk asks Twitter users if Tesla should accept Dogecoin. Billionaire Elon Musk and cryptocurrency aficionado on Tuesday asked his 54 million followers on Twitter "Do you want Tesla to accept Doge?", referring to a digital currency worth roughly 48 cents

Bezos wraps up Amazon stock sale for .7 billion, continues to hold 10%. Jeff Bezos sold .7 billion of Amazon.com Inc. stock, bringing the amount he's unloaded this month to about .7 billion.

Latest 737 Max problem sets back Boeing new airplane deliveries. Boeing continues to grapple with an electrical problem affecting some 737 Max airliners, and the setback is hurting the aircraft maker's ability to deliver new planes

Judge in US antitrust case against Facebook delays trial preparation. The judge in the US government's antitrust case against Facebook Inc said the social media company's motion to dismiss the lawsuit "raises a number of serious challenges"

Toshiba board to appoint UBS as adviser for strategic review: Report. Toshiba Corp's 6502.T board is set to appoint UBS UBSG.S as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war, said source

Alibaba aims to report strong financial earnings, after 0 billion slide. Alibaba has agreed to a record .8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.

L&T's Q4 revenue expected to grow on the back of higher execution. Rising commodity prices may weigh on profitability

Zomato IPO will test Indian investors' unicorn appetite: Analyst's note. Company faces competition in a food services market that is yet to reach global scale.

Multiples Alternate Asset Mgt-led group to buy Cadila's animal health biz. The deal is to sell one of Cadila's two businesses on a slump sale basis as a going concern, for a lump sum of Rs 2,921 cr on cash-free and debt-free basis

Mercedes-Benz rejigs sales, marketing unit; appoints new marketing head. German premium car maker, Mercedes-Benz rejigged its sales and marketing unit and brought in Pradeep Srinivas as head of the marketing and customer services, replacing the incumbent Amit Thete

Myelin Foundry raises pre-series A funding of million from Japanese VC. The new round will be used to consolidate Myelin's products in the India video streaming market, and to expand into international markets

Cairn Oil & Gas starts production from tight oil project in Rajasthan. Vedanta Ltd's Cairn Oil & Gas on Wednesday said it has commenced oil production from NA #01 facility in Aishwariya Barmer Hills in Rajasthan. "The project is a first in Cairn's tight oil portfolio with a growth potential to contribute 20 per cent to the co

'Disheartening to see some states complain about our Covaxin intentions'. It is quite disheartening to listen to some states complaining about Bharat Biotech's intentions regarding supply of COVID vaccine Covaxin, a top company official said on Wednesday. In a tweet, Bharat Biotech Joint Managing Director Suchitra Ella said the

Covid-19: Maruti Suzuki extends free service, warranty period till June 30. The country's largest carmaker Maruti Suzuki India said it has extended free service and warranty period up to June 30, 2021, in the wake of the second wave of the coronavirus pandemic

Oxygen concentrators to jabs: IBM helps community as second wave surges. The IBM India team has also come together to leverage the AI-powered IBM Watson Assistant to build an assist solution

Toyota extends warranty, free service periods amid Covid-19 pandemic. Toyota Kirloskar Motor said it has extended vehicle warranty and customer-paid extended warranty period by one month in the states where restrictions have been imposed by the government

Asian Paints consolidated net profit up 84% at Rs 852 cr in March quarter. Asian Paints reported over 84 per cent jump in its consolidated net profit at Rs 852 crore for the January to March quarter as compared to Rs 462 crore in the previous corresponding period

FMCG industry record 9.4% growth in January-March quarter: Nielsen. Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products

JSPL PAT jumps manifold to over Rs 1,900 crore in Jan-Mar quarter. Jindal Steel and Power Ltd (JSPL) reported manifold jump in its consolidated profit after tax (PAT) to Rs 1,900.51 crore during the fourth quarter ended March 2021, mainly on account of higher income

Voltas consolidated net profit jumps 49 pc to Rs 239 cr in March quarter. Voltas Ltd, a Tata Group company and leading air-conditioner manufacturer, on Wednesday reported a 49 per cent jump in its consolidated net profit at Rs 239 crore for the quarter ended March 31, 2021.

NMDC hikes lump ore price by Rs 700 per tonne; fines by Rs 1,500 per tonne. The country's largest iron ore miner NMDC on Wednesday announced a hike in the prices of lump ore by Rs 700 per tonne and fines by Rs 1,500 per tonne with immediate effect

Coronavirus: GoAir to start free vaccination drive for all employees. Low-cost carrier GoAir said on Wednesday that it will commence a programme to get its entire workforce vaccinated free of cost

Coal India carbon emissions less than 1 per cent of India's in FY20. State-owned Coal India Ltd on Wednesday said that the PSU accounted for only 0.65 per cent of the country's total carbon dioxide (CO2) emissions of 2,616 million tonnes (MT) during FY2019-20

Covid-19: Royal Enfield to shut down manufacturing plants from May 13-16. Royal Enfield said it has decided to shut down its two manufacturing facilities between May 13-16 in order to safeguard its employees amid the second wave of coronavirus pandemic in the country

Pfizer Covid-19 vaccine now expanded to US children as young as 12. The study found no cases of Covid-19 among fully vaccinated adolescents compared to 18 among kids given dummy shots

Occidental Petroleum loss narrows as chemicals, oil exports gain. The company benefited from a rebound in oil prices, up about 23% during the first quarter, as fuel demand recovered after being decimated last year by lockdowns

UK class action lawsuit against Apple for overcharging 20 million users. Apple Inc is facing a London lawsuit over claims it overcharged nearly 20 million UK customers for App Store purchases, another legal headache for the tech giant fighting lawsuits across the world.

Twitter donates USD 15 mn for Covid relief in India to battle second wave. Microblogging giant Twitter has donated USD 15 million to help address the Covid-19 crisis in India which is battling the unprecedented second wave of the deadly pandemic

JSW Hydro Energy raises $ 707 million via green bonds overseas. JSW Energy on Tuesday said that its arm JSW Hydro Energy has raised USD 707 million through green bonds abroad. "JSW Hydro Energy raises USD 707 million from international bond markets through debut Green Bond Issue under 144A / Reg S format," a JSW Energy

Top YES Bank investor Bay Tree cuts stake in troubled lender by a third. Bank has cut back lending to companies and tried to win back depositors after being rescued in March 2020,.

Covid-19 pandemic accelerating adoption of artificial intelligence: IBM. IBM's "Global AI Adoption Index 2021" revealed that while AI adoption was flat over the last year, momentum is shifting due to the global Covid-19 pandemic

IBM uses advances in AI, partner ecosystem to push digital transformation. TCS among the early ecosystem partners to have achieved competencies in AI solutions

Flipkart to add 8 lakh sq ft warehousing space for grocery infrastructure. Walmart-owned Flipkart said it plans to expand its fulfilment centre capacity for grocery by more than 8 lakh sq ft over the next three months across Delhi, Kolkata and other cities

OYO to show vaccination status of partner hotels' staff on its app. Hospitality firm OYO said it will show Covid vaccination status of the staff of its partner hotels on its app as it believes that such initiative will be a key factor in building trust among consumers

KFIN Tech buys 17% stake in Artivatic.ai, gets foot into insurtech space. Plans to raise it further; Artivatic.ai will use funding to broaden product portfolio, explore new business horizons and expand footprint in India and abroad

CCI approves internal restructuring of IBM under green channel route. CCI has approved Kyndryl Holdings and Grand Ocean Managed Infrastructure Services' proposal for the internal restructuring of IBM Corporation under the green channel route

Piaggio Vehicles adds 100 dealerships pan-India in commercial, PV biz. Piaggio Vehicles on Tuesday said it has added 100 dealerships in both its commercial and passenger vehicle businesses across India in 100 days despite challenging times.

Tata Motors reviewing CCI order on probe against commercial vehicle biz. Tata Motors said it is reviewing the order by the CCI to initiate an investigation against its commercial vehicles business in India for alleged abuse of its dominant position

Vedanta to set up 100-bed hospital for Covid patients in Rajasthan's Barmer. Oil and gas company Vedanta Limited has started setting up a 100-bed field hospital for coronavirus patients in Barmer district of Rajasthan

Infosys in strategic tie-up with Europe's top soft-drink maker Britvic. IT major will deliver European client's transformation roadmap and operations across applications, cloud infra, service management and end-user computing

Siemens' consolidated net profit rise 90% at Rs 334 cr in March quarter. Siemens posted an over 90 per cent rise in consolidated net profit at Rs 334.4 crore for the March quarter, mainly on the back of higher revenues

Taking action to access .2 bn arbitration award against India: Cairn. Cairn Energy Plc said it is taking all necessary actions to access the .7 bn it was awarded by an international arbitration tribunal after overturning a retroactive tax demand slapped by Indian govt

Ruchi Soya announces acquisition of Patanjali's biscuits biz for Rs 60 cr. Ruchi Soya Industries on Tuesday announced the acquisition of biscuits business from Patanjali Natural Biscuits Pvt Ltd (PNBPL) in a slump sale at Rs 60.02 crore.

Godrej Consumer Products' consolidated net profit up 59% in March quarter. FMCG major Godrej Consumer Products Ltd (GCPL) on Tuesday reported a 59.13 per cent increase in its consolidated net profit to Rs 365.84 crore for the fourth quarter ended March 2021.

Hyundai undertakes six-day maintenance shutdown at manufacturing plant. Hyundai Motor India has commenced annual maintenance shut down at its Chennai-based manufacturing facility for six days starting May 10 amid the second wave of coronavirus pandemic.

Amazon begins Covid-19 vaccinations for its front-line workers in India. The Jeff Bezos-led company is hosting on-site vaccination events run by licensed health care providers, at a few of its buildings in Delhi initially

Cisco India earmarks Rs 63.5 cr to provide financial support to staff. US-based networking solutions provider Cisco is making a "one-off payment" of about Rs 63.5 crore towards supporting staff in India during the second wave of the Covid-19 pandemic.

Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase. Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space

Direct supply of Covaxin to 18 states since May 1: Bharat Biotech. Bharat Biotech on Tuesday said it will continue the steady supply of its COVID-19 vaccine Covaxin, adding the jab has been directly supplied to 18 states since May 1. The states include Andhra Pradesh, Delhi, Bihar, Gujarat, Haryana, Uttar Pradesh and West

Jaypee Infra insolvency: NBCC, Suraksha group submit revised bids. NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution process, have submitted revised bids and improved their offers for financial creditors.

Reliance Jio adds 4.2 million subscribers in February: Trai data. Reliance Jio widened its mobile subscriber base to 414.9 million in February, with healthy addition of 4.2 million users, as it managed a comfortable lead in the market, according to TRAI data.

HCL provides Delhi govt with O2 plants, cylinders to support relief efforts. HCL Group on Tuesday said it is supporting the Delhi government by providing oxygen plants and cylinders to support COVID-19 relief efforts.

Arbitration case: Cairn digs in heels, PSBs say prepared for legal battle. Deposits are customers' money and not govt assets, hence can't be attached: Lenders

Reliance Jio beats Bharti Airtel, adds 4.3 million users in February. The proportion of active wireless subscribers was approximately 84.09 per cent of the total wireless subscriber base

Google Pay launches global money transfers with Wise and Western Union. Google Pay users in the United States can now transfer money to app customers in India and Singapore

HUL's Sudhir Sitapati to take over as GCPL's managing director in October. GCPL posted a 59.13 per cent YoY increase in its consolidated net profit to Rs 365.84 crore for Q4, led by a low base

Bharat Biotech commences direct supply of 'Covaxin' to 14 states. The company is now getting requests from other state governments as well, and will be processing them for distribution based on availability of the vaccine

DoT seeks 'frontline' tag for telco field force amid Covid-19 pandemic. This has been done on the suggestion of the Cellular Operators Association of India

Eli Lilly signs licensing pact with Cipla, Sun, Lupin for Covid-19 drug. Olumiant, or Baricitinib, is an oral drug developed by US biopharmaceutical major, Incyte Corporation, and licensed to Eli Lilly

Auto dealers predict slow sales recovery as Covid spreads to rural areas. Auto sales, especially cars and sport-utility vehicles (SUVs), bounced back strongly last year as buyers rushed to buy private vehicles to ensure safety and maintain social distance

Rubix Data Science raises Rs 6.2 crore from Cactus Venture, others. Proceeds will be invested in enhancing technology and analytics capabilities of the Rubix Automated Risk Management and Monitoring System (ARMS) platform

Srei Equipment Finance's company secretary resigns; banks lift salary cap. The Srei group continues to face human resource crisis with Srei Equipment Finance (SEFL) company secretary putting in her papers on Monday, even as the banks have lifted the cap on the salary of senior-level executives. Srei Infrastructure Finance Ltd (SI

Coronavirus-hit IndiGo to raise Rs 3,000 crore through QIP. IndiGo's decision comes as the aviation industry continues to be hit by the catastrophic second wave of Covid-19 infections

Sify's Q4 net profit jumps over 6-fold to Rs 90 cr due to digital changes. IT company Sify Technologies posted over a six-fold jump in profit at Rs 90.4 crore for the March ended quarter due to rapid digital transformation of business amid COVID-19 pandemic.

JSW Hydro Energy raises 7 million in debut 10-year green bond issue. Offer generates good response, closes at much lower rate than initially guided

Mumbai Angels Network sees 36 exits, eyes 50 investments this year. Purplle has raised million from Sequoia Cap­ital India and existing investors Verl­in­vest, Blume Ven­tures and JSW Ventures.

Sitapati steps down as HUL's executive director, Sundaram to take over. Srinandan Sundaram, currently executive director at HUL, will succeed Sitapati effective July 1

Govt names new chairman of privatisation-bound Bharat Petroleum Corp. Government-headhunter PESB on Monday selected the next chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), in signs that the privatisation of the state-owned oil refining and marketing firm may be delayed. The government had kept the

IDFC First Bank planning to make home loans 40% of total portfolio. The bank has started offering prime home loans to employees of top corporates starting at 6.9 per cent

Amazon blocked 10 bn phony listings last year in counterfeit crackdown. Amazon, which has been under pressure from shoppers, brands and lawmakers to crack down on counterfeits on its site, said Monday that it blocked more than 10 billion suspected phony listings last year

IIT Madras startup sets Guinness record for upskilling people in Python. Beating the previous record by 50 times, IIT Madras-incubated startup GUVI and All India Council for Technical Education (AICTE) has set the Guinness world record in upskilling Indians in Python programming language. They set the record for "most numbers o

Strengthening of steel prices to support Tata Steel's deleveraging: S&P. Sustained steel prices at these levels could lead to upward rating pressure.

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola. The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

HDFC to sell 0.62% stake in HDFC ERGO for Rs 236 cr. The stake sale is being done in accordance with the direction of the Reserve Bank of India requiring HDFC to reduce its shareholding in HDFC ERGO to 50% or below.

Jindal Steel prepays Rs 2,462 cr term loans, pares debt beyond commitment. JSPL has recently announced divestment of its thermal power business to reduce its debt further as well as to cut down on its carbon footprint by almost half

Vistara to start Delhi-Tokyo flights from Jun 16 under air bubble agreement. Vistara said on Monday it will start flights on the Delhi-Tokyo route from June 16 under the air bubble arrangement formed between India and Japan.

Ola to start doorstep delivery of oxygen concentrators to consumers. Ola Foundation, the philanthropic arm of Ola, said it has partnered with donation platform GiveIndia to provide consumers with oxygen concentrators

Isuzu launches BS-VI compliant versions of V-Cross and mu-X range in India. Isuzu Motors India on Monday said it has launched BS-VI compliant versions of V-Cross and mu-X range in the country, priced between Rs 20.06 lakh and Rs 35.34 lakh (ex-showroom Delhi).

BharatPe plans to disburse Rs 14,000 cr in business loans by March 2023. The fintech company, which is soon expected to become a unicorn, has raised Rs 50 crore in debt from Northern Arc Capital

Covid-19 pandemic: Shopping mall owners' income dips around 50 pc in FY21. Shopping mall owners' revenue declined by around 50% during the last fiscal as the retail sector was badly hit since the outbreak of the Covid-19 pandemic in March last year

Latest stock market News for tomorrow Access previous news reports: 1147114811491150115111521153115411551156115711581159116011611162116311641165

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