NSE share market NEWS tomorrow (11 May, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (11 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 May 2021
Bharat Heavy was amongst the top gainers, currently trading at 73.45 in NSE with 1.97 times change in volumes and 11.881% change in price. Other gainers included Suzlon Energy with 9.821% price change and 4.333 times volumes, Himachal Futuristic with 7.391% price change and 1.538 times volumes, Nhpc with 7.071% price change and 6.55 times volumes, and Coforge with 6.092% price change and 0.941 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.
Pg Electroplast was amongst the top losers, currently trading at 346.90 in NSE with 0.28 times change in volumes and -4.998% change in price. Other losers included Steel Authority with -4.033% price change and 1.025 times volumes, Jsw Steel with -3.216% price change and 1.078 times volumes, Hindalco Industries with -3.042% price change and 0.696 times volumes, and Kotak Mahindra with -2.979% price change and 2.218 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.
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 CapÂital India and existing investors VerlÂinÂvest, Blume VenÂtures 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
Yamaha Motor to suspend production at two Indian plants due to Covid-19. This comes amid rising Covid infections across the country
Blackstone buys Embassy Industrial Parks from Warburg for Rs 5,250 cr. Embassy Industrial Parks is comprised 10.6 million square feet of modern logistics and warehousing assets
Covid-vaccine maker BioNTech reports .37 billion profit in first quarter. German pharmaceutical company BioNTech reported a net profit of 1.13 billion euros (.37 billion) in the first quarter of this year on the back of strong revenues from its coronavirus vaccine
SpaceX to accept dogecoin as payment to launch lunar mission in 2022: Musk. Crypto currency lost more than a third of its price on Sunday, after the businessman called it a 'hustle'
Driverless taxis to cancer drugs: Google's moonshots are serious business. Alphabet could be underinvesting in the sustainability of its prosperous main business while overinvesting in adventurous sidelines.
M-cap of eight of top-10 most-valued companies rises by Rs 81,250.83 cr. Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday
Kamdhenu eyes Rs 1,000-cr revenue from paints section in next 5 years: CMD. Kamdhenu Group is looking at over Rs 1,000 crore revenue from its paints segment over the next five years, amid rising demand for the product in line with new housing projects
Will double headcount; lot of headroom for growing user base: Koo. Koo is planning to double its headcount in the next one year as it significantly scales up its user base on the platform, especially vernacular subscribers, its co-founder said
CIL to continue with fuel supply to power plants under import substitution. State-owned CIL will continue with the supply of coal to the power plants under import substitution in the ongoing fiscal.
Mukesh Ambani's Reliance Retail second-fastest growing retailer in world. Billionaire Mukesh Ambani's Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years. It has been ranked 53rd in the list o
NCLT initiates insolvency proceedings against Ahluwalia Contracts. The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contracts India Ltd for defaulting on payments to an operational creditor. The New Delhi-based NCLT bench allowed the insolvency plea filed by
Godrej Properties expects FY22 sales bookings to beat last year's record. Godrej Properties expects its sales booking this fiscal to surpass the last year's record Rs 6,725 crore despite the outbreak of second wave of Covid-19
Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16. India's largest motorbike maker, Hero MotoCorp Ltd, extended a shutdown at its manufacturing facilities across India till May 16, a day after Maruti Suzuki India Ltd announced a similar move
FabiFlu numero uno in Indian pharma market, show April sales data. With sales of Rs 352 crore in April, this brand alone accounted for over 2 per cent of the total domestic pharma market sales of Rs 15,662 crore
India's food processing market may touch 0 billion by 2025: KPMG report. Tier-II and tier-III cities could mirror the trend visible in metropolitan areas, by buying more processed food in the coming years
Hyderabad-based startup aims to save lives with portable oxygenerator. Amid the shortage of medical oxygen in several parts of the country, the Hyderabad-based startup 'The Phi Factory' is aiming to save lives through its innovative and affordable portable oxygenerator
DMart Q4 net profit jumps 53%; over 80% stores disrupted by 2nd Covid wave. Total income rises 19% to Rs 7,460 cr
Bandhan Bank Q4 net profit tumbles 80% to Rs 103 cr on higher provisions. Provisions and contingencies spiked by 93% to Rs 1,594 crin Q4FY21 as compared with Rs 827 cr in Q4FY20
CSB Bank reports highest-ever net profit of Rs 218 crore in FY21. During the last quarter ended March of FY21, the lender reported a net profit of Rs 42.89 crore against a loss of Rs 59.70 crore in the same quarter of 2019-20
Bandhan Bank's Q4 net profit declines 80% due to higher provisioning. Provisions of the lender nearly doubled to 1,594 cr in Q4FY21 as compared to Rs 827 cr in Q4FY20
Disruptions in store operations impacting revenue, says D-Mart. The firm said it may face an excess in inventory
DCB Bank net profit rises 13% to Rs 78 crore in January-March quarter. The bank's asset quality worsened with the gross NPAs spiking to 4.09% of the gross advances as of March 31, 2021
Moody's maintains negative outlook on Adani Transmission. Moody's Investors Service on Friday affirmed an investment grade rating of Baa3 with negative outlook on senior secured bonds of Adani Transmission Ltd (ATL).
Kansai Nerolac Paints' Q4 net profit rises 89 pc to Rs 123.62 crore. Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021
Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal. CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore
UltraTech Cement Q4 consolidated net declines 45% to Rs 1,775 crore. Net sales of the Aditya Birla Group company stood at Rs 14,405 cr in the final quarter of FY21, up 33% from same period last year on strong demand for the commodity
Coal India's fuel allocation through spot e-auction rises 43% in FY21. State-owned CIL allocated 42.51 million tonne of coal in 2020-21 under spot e-auction scheme, registering a year-on-year increase of 42.5 per cent
India's pharma market rebounds in April, clocks 51.5% sales growth. Low base of April 2020, pick-up in demand for Covid-19 drugs major contributors to growth
Second month in row, Walmart's PhonePe logs over 1 billion transactions. Maintains top position in UPI apps, followed by Google Pay
Dabur India's consolidated net profit rises 34.4% in Q4 on low base. The maker of honey, chyawanprash, oils and juices had reported a net profit of Rs 281.6 crore last year
HDFC beats the Street, post 42% net profit surge to Rs 3,180 cr in Q4. Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years
Govt gives bidders data access for -billion Bharat Petroleum Sale. The government's 53% stake in the refiner is valued at about Rs 50,900 based on Friday's closing price
Disbursed Rs 14,572 crore to investors of six shuttered schemes, says FT. In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes
Amazon postpones Prime Day sale in Canada, India due to Covid-19. India, which is suffering severe shortages of medical equipment, on Thursday reported 412,262 new virus cases and 3,980 deaths, both daily records
Countries must help India in battle against Covid-19, says Deloitte CEO. Deloitte CEO Punit Renjen said the company is encouraging its 3,00,000 professionals across the globe to support three charities -- GiveIndia, United Way India and the PM cares Fund
Wall Street giants' outsourcing ops in India suffer as workers call in sick. A growing number of employees are either sick or scrambling to find critical medical supplies such as oxygen for relatives or friends
Mitsui aims to accelerate business in healthcare and nutrition segments. TOKYO (Reuters) - Japanese trading house Mitsui & Co Ltd aims to accelerate its business expansion in healthcare and nutrition, using Malaysian hospital group IHH Healthcare Bhd and other assets, its chief executive officer (CEO) said on Friday.
Apple's app store chief fends off attacks in antitrust trial. Apple's top app store executive on Thursday faced an avalanche of documents unleashed by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers
HDFC Q4 PAT up 42% YoY at Rs 3,180 cr; Board re-appoints Keki Mistry as MD. HDFC has recommended a final dividend of Rs 23 per equity share
Covid impact: Indian carriers risk consolidation, plane repossessions. Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May
Over 300 pharma, healthcare companies eligible for new Covid loans: Crisil. Hospitals to gain most with up to 3.5% dip on cost of funds; may add half a million beds, says rating agency
Flipkart to pay 100% premium towards Covid-19 insurance for all its sellers. The offer holds for policies between Rs 50,000 and Rs 3 lakh; exempted storage fees for MSME partners
Dabur's consolidated net profit rises 34% to Rs 377 crore in March quarter. Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 377.29 crore for the fourth quarter ended March 2021
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