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NSE share market NEWS tomorrow (04 May, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (04 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 04 May 2021

Tata Elxsi was amongst the top gainers, currently trading at 3846.95 in NSE with 5.9 times change in volumes and 8.811% change in price. Other gainers included Punjab National with 8.551% price change and 4.03 times volumes, Bank Baroda with 5.626% price change and 2.657 times volumes, Cyient with 4.796% price change and 2.541 times volumes, and Cg Power with 4.791% price change and 1.99 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.

Tata Consumer was amongst the top losers, currently trading at 645.25 in NSE with 3.727 times change in volumes and -4.704% change in price. Other losers included Fortis Healthcare with -3.819% price change and 0.501 times volumes, Jubilant Foodworks with -3.763% price change and 1.875 times volumes, Cipla with -3.488% price change and 1.319 times volumes, and Glenmark Pharmaceuticals with -3.401% price change and 1.049 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.

Alembic Pharma Q4 net up 12% to Rs 251 cr on strong API, global businesses. Net sales rise 6% to Rs 1,280 cr; API business expands by as much as 38%

Edtech startup Teachmint raises .5 million in Series A funding round. Online teaching platform Teachmint on Tuesday said it has raised USD 16.5 million (around Rs 120 crore) in a Series A funding round led by Learn Capital. This investment round also witnessed participation from CM Ventures, and existing investors like Light

Shriram Transport Finance aims 10-12% AUM growth in fiscal year 22. Shriram Transport Finance is a non-banking finance company

SAIL says it's enhancing daily oxygen supply limit to 1,100 metric tonne. Steel plants are supplying liquid medical oxygen (LMO) to hospitals across the country for the treatment of Covid-19 patients

L&T Infotech Q4 net profit rises 28%; declares final dividend of Rs 25. Revenue for Q4FY21 grew 8.5% at Rs 3,269 cr

Foxconn, Wistron, Dell and 16 other firms apply for PLI investments. According to the ministry, the scheme is expected to lead to total production worth around Rs 1.6 trillion

Rolls-Royce partners with Hindustan Aeronautics for warship engines. The partnership will provide packaging, installation, marketing and services support for the MT30 engine

RBL Bank net declines 34% in Q4 on higher provisions, drop in NII. Its profit after tax for the reporting quarter stood at Rs 75 crore against Rs 114 crore in the year-ago period

Air India to vaccinate staff by May-end after pilots threaten to stop work. The schedule is also being drawn up keeping in mind that crew who do not have fixed working days

Could abandon Myanmar project if found to violate US sanctions: Adani Ports. OFAC, part of the U.S. Treasury Department, administers and enforces economic and trade sanctions based on the country's foreign policy

Godrej Properties expects muted sales numbers in first quarter of FY22. Company plans to scale up business after second quarter

Hetero recalls a batch of its remdesivir brand Covifor after side effects. Some patients in Raigad district of Maharashtra developed side effects like fever and chills

UK-India summit: Serum Institute set to invest 240 million pound in Britain. The Serum Institute of India will invest 240 million pound in the UK to expand its vaccine business and set up a new sales office creating a large number of jobs

Anupam Rasayan to invest Rs 43 cr to set up a 12.5 MW solar power plant. Speciality chemical company Anupam Rasayan India on Tuesday said it will invest Rs 43 crore to set up a 12.5 megawatt (MW) solar power plant

Ola Electric announces appointment of Wayne Burgess as head, vehicle design. Burgess has spent almost three decades designing vehicles for the majority of British premium automotive manufacturers

Morepen Laboratories Q4 net profit rises over two-fold to Rs 27 cr. Drug firm Morepen Laboratories on Tuesday reported an over two-fold rise in its consolidated net profit at Rs 26.76 crore for the quarter ended March 31, 2021, on account of higher revenue

Saudi Aramco beats first-quarter profit forecast, keeps dividend. Saudi Arabian state oil producer Aramco on Tuesday beat analysts' forecasts with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices

Mphasis to set up nearshore centre near London, expects to invest GBP 25 mn. Bengaluru-headquartered IT solutions provider Mphasis said on Tuesday it is expanding its footprint in the UK with a special focus on digital transformation initiatives in banking & insurance, by establishing a nearshore centre, outside of London. Mphas

CARE Debt index improves by 33 bps in April on better asset quality. Improvement was backed by enhancements in higher rated debt paper. As it is contemporary with minimum time lags, the health of debt and credit markets is encapsulated on a near-real-time basis

Dell, Foxconn, Lava, 16 other firms apply under PLI scheme for IT hardware. Production of Rs 1.6 trn and exports of Rs 60,000 cr expected over next 4 years, says govt

IT giant Infosys to hire 1,000 workers in UK over the next 3 years. The firm said this is part of efforts to support the country's economic recovery and growth.

Bajaj Group pledges additional support of Rs 200 cr for Covid relief steps. Many private firms have come forward to aid India's fight against Covid

CIL says operations slowed down as many employees tested positive for COVID. More than 5,400 of the company's employees and their wards across subsidiaries have tested positive for Covid

Godrej Properties clocks record sales bookings of Rs 6,725 cr in FY21. Sales bookings grew by 14 per cent

Startups connect India with talk-to-type, audio-only in Covid times. Koo's talk-to-type will be available in Indian languages too; Chingari's audio-only allows users to chat about anything to stay up to date and listen and learn as part of the audience

Adani Ports may abandon Myanmar project if found to violate US sanctions. The company said the potential Myanmar project write-down would not materially impact it

IPL 2021 cancelled: BCCI, teams may lose more than Rs 3,000 crore. On an average the BCCI earns Rs 67 crore from every match broadcast. It earned Rs 4,000 crore from the IPL in 2020 and was expected to earn a similar amount this time

Blackstone Group elevates India PE head Amit Dixit to head of Asia PE. Under Dixit, Blackstone did many big ticket deals in India, including a deal to acquire Piramal Glass from Ajay Piramal group at an enterprise valuation of Rs 7,500 cr

Investor Warren Buffett's ESG snub risks alienating Wall Street. Other major companies, including Citigroup Inc and Amazon.com Inc, have resisted ESG shareholder proposals

Bajaj Group pledges an additional Rs 200 crore for Covid-19 relief. Recently, the group aided in the procurement of 12 oxygen plants to provide more than 5,000 LPM (Litre Per Minute) of oxygen supply to rural and urban hospitals

Adani Ports fourth quarter profit surges 288% to Rs 1,321 crore. Total expenses declined to Rs 2,526.91 crore against Rs 3,099.18 crore.

Serum Institute of India leads cross-sector Indian investments into UK. The Serum Institute of India will invest 240 million pounds in the UK to expand its vaccine business

APSEZ Q4 PAT up by 288%; Adani Total Gas Q4 PAT up by 19%. Adani Ports' operating revenue for Q4FY21 grew by 24% to Rs 3,608 crore

RBL Bank Q4 net dives 34% as provisions on credit cards, MFI loans rise. RBL is a small-sized private lender

Have got full advance for 110 mn doses, clarifies: Serum CEO Poonawalla. Poonawalla, who left for the UK recently, said in an interview that he was getting threatening calls from powerful people in India for delivering vaccine

Mahabaleshwar club in a soup over Anil Ambani video, asked to shut. Civic authorities at the popular hill station Mahabaleshwar have asked a private club to shut down its golf course ground after a video of Ambani taking a walk there went viral

Amid Covid, Swiggy announces 4-day work week for employees for month of May. The policy applies to about 5,000 full-time Swiggy employees spread across the country

Led by exports, Bajaj grabs pole position in India's motorcycle market. A week-long shutdown by Hero MotoCorp gives Bajaj Auto a marginal lead over its arch rival

Covid-19 second wave may stall mobility sector's recovery, says RedSeer. The recovery is likely to go on a downward trajectory with a drop of 30-40% as many states like Maharashtra, Delhi and Karnataka, among other states, go into lockdown, says the consulting firm

Delhi court junks interim bail plea of Malvinder Singh in PMLA case. The accused had expressed apprehension that he may contract Covid-19 infection in the Tihar jail

JSW Energy signs PPA for 540 MW of wind power projects. The company won these projects in a competitive bidding done by SECI

Persistent sees FY22 growth in double digit, aims to be -bn company. As part of the ambition of reaching billion company, Persistent has also said that at that level Europe will be 15% of the revenue

Covid-19: Introduce 'work from home' to break the chain, says CII chief. Several companies have already announced WFH even as several key cities like Mumbai, Delhi and Bangalore go through a massive healthcare crisis due to lack of oxygen, doctors and medicines

High Street rents witness correction in the first quarter of CY2021. According to data by Anarock Research, Khan Market, the iconic retail hub in New Delhi, saw average monthly rentals reduce by as much as 8 per cent to 17 per cent

Sandeep Goyal to return to Rediffusion after 20 years, this time as MD. Rediffusion is even today, India's largest independent full service ad agency

Low incentive could dampen interest in PLI scheme for solar manufacturing. The Union Cabinet last month approved the MNRE proposal for ramping up domestic manufacturing of solar photovoltaic panels under the Centre's PLI scheme

Godrej Properties posts loss of Rs 192 cr in Q4, total income falls 60%. The company said it recorded the highest ever quarterly collection of Rs 2,041 crore

Capgemini commits Rs 50 cr to augment medical infrastructure in India. Capgemini is in discussions with various State governments to set up healthcare facilities across those cities where Capgemini has its presence

SBI allocates Rs 70 crore to combat second wave of Covid-19. SBI has allocated Rs 71 crore to support various initiatives in combating Covid-19 and is in talks with various designated authorities to explore partnerships for setting up makeshift hospitals

Kotak Mahindra Bank's consolidated net profit rises 36% in Q4FY21. The lender's NII grew by 8% in Q4FY21 to Rs 3,843 crore, from Rs 3,560 crore in Q4FY20

IDBI Bank Q4 net profit jumps 278% to Rs 512 crore; NII rises 38%. The net NPAs improved to 1.97% as on March 2021 from 4.19% in March 2020. NNPA stood at 2.75% (on proforma basis) in Dec 2020.

Varun Beverages Q1 net more than doubles, board recommends a bonus issue. Its total income during the quarter under review stood at Rs 2,275.60 crore, up 31.96 per cent from the same period a year ago

Brookfield InvIT expects data to drive revenue. Trust seeks unitholders nod to change name to Data Infrastructure Trust

'Only 7% property registrations in Mumbai in April new residential sales'. Fresh demand was affected due to the second wave of the Covid pandemic and expiry of the reduced stamp duty period, according to Knight Frank India

SBI Life profit nearly flat in Q4, net premium income jumps to Rs 15,556 cr. Total income in January-March 2021 jumped multi-fold to Rs 20,897 crore

Verizon selling Yahoo, AOL unit to Apollo in -billion deal. As part of the deal, Verizon will receive .25 billion in cash, preferred interests of 0 million and the minority stake

Serum CEO Adar Poonawalla says will return to India in a few days. On his stay in the UK, the Serum Institute of India (SII) head said that he "had an excellent meeting" with all partners and stakeholders in that country

Sandeep Goyal's Mogae Media acquires oldest ad agency Rediffusion. Rediffusion partners Arun Nanda and Ajit Balakrishnan, who held 50 per cent each, have decided to step back from day-to-day operations of the agency, it is reliably learnt

Tata Realty logs 120% of FY21 sales target in residential segment. Of its 17 residential projects, 13 exceeded their sales targets in FY21

Google tax: American IT and steel lobbies back action against India. The group has called for a retaliatory tariff action against India, if New Delhi does not roll back the 'unilateral and discriminatory' equalisation levy or Google Tax

India Inc's foreign borrowings jump 24% to .23 billion in March: RBI data. India Inc's external commercial borrowings jumped by over 24 per cent to .23 billion in March this year, RBI data showed

Kia lines up new model for Indian market; plans to ramp up sales network. South Korean auto maker Kia plans to introduce new models, enhance sales network and also ramp up production capacity to reduce the waiting period on the existing product range

Buffett says decision to sell some Apple stock 'was probably a mistake'. Berkshire Hathaway CEO, his business partner make blunt admissions at annual meeting.

Yes Bank rescue happened in nick of time before pandemic struck: CEO. Yes Bank's rescue act in early March 2020 happened in the nick of time ahead of the Covid-19 pandemic, and even a 15-day delay in it would have meant great difficulty for a lender, said the CEO

Tech Mahindra, Reagene to file patent for coronavirus attacking molecule. IT company Tech Mahindra is in the process of filing a patent, along with Reagene Biosciences, for a drug molecule that can potentially attack coronavirus, according to a senior company official

Franklin Templeton unitholders to get Rs 2,489 cr in next tranche. SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes in this week from Monday

Serum Institute plans to start vaccine production outside India: Report. Adar Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July

Hyundai Motor India's total sales decline 8% to 59,203 units in April. Domestic sales stood at 49,002 units, while exports were at 10,201 units last month, the company said

RIL ramps up production of medical grade liquid oxygen to 1,000 MT per day. Reliance Industries has now become the country's largest producer of medical grade liquid oxygen from a single location

Covid impact: SpiceJet defers up to 50% salary of most employees in April. SpiceJet had been facing financial issues even before the second wave of the coronavirus pandemic hit the country in March 2021

Reliance Industries' profit more than doubles to Rs 13,227 crore in Q4. Company beats the Street on top line and Ebitda

Boeing announces -million aid as coronavirus cases explode in India. Boeing will partner with local and international relief organisations and deploy the emergency fund in the areas of greatest need

JCB India halts all operations for 10 days citing coronavirus surge. The company said it had sufficient inventory levels to support the demand for products during the pause period

Tata group company to set up 450 oxygen units worth Rs 75 lakh each. While the order for 450 PSAs has gone to Tata Advanced Systems, the remaining 50 will be put up by Trident Pneumatics

Jio Platforms net profit jumps 47% in January-March quarter to Rs 3,508 cr. On a sequential basis, it was a weak show with a fall in ARPU, flat profit growth

Reliance Retail revenue up 25% in March quarter on strong recovery. Profit for the quarter also surged on the back of strong operational performance

Marico net profit up 14% in Jan quarter; revenue up 34% on low base. The company's domestic consumer business contributes nearly 77 per cent to overall top line

Tata Power considering a 3-million IPO for its renewable energy unit. The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust

IndusInd Bank net profit jumps 194% in March quarter on low provisions. The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period

Amazon continues to reap benefits from pandemic as profit more than triples. It also posted revenue of more than 0 billion, the second quarter in row that the company has passed that milestone

L&T Finance Holdings says Q4 net profit down 30% on one-time expenses. Quarter continued to see economic recovery across sectors led by rural and infrastructure space, company says.

IBM to acquire US-based enterprise software firm Turbonomic for up to bn. Tech giant IBM has announced to acquire US-based enterprise software company Turbonomic, a deal that according to media reports could be worth up to billion

Dalmia Bharat consolidated profit zooms to Rs 640 crore in Jan-Mar 2021. Cement maker Dalmia Bharat on Friday reported an uptick in consolidated profit at Rs 640 crore for the fourth quarter ended March 31, 2021, on account of higher revenue from operations and tax credit

Wipro ups IT services revenue guidance to 8-10% in April-June quarter. Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its .45 billion buyout of Capco

Compliance norms eased for companies, market participants amid Covid crisis. The securities market regulator SEBI has relaxed several compliance norms for listed companies and market participants

AstraZeneca first-quarter Covid-19 vaccine revenue at 5 million. This is the first time the drugmaker has given financial details from the distribution and sales of its vaccine.

ITC will help set up 200-bed Covid-19 medical facility in Kolkata. Unit will be set up and managed by Medica Superspecialty Hospitals; Bengal govt has allowed use of Kishore Bharati Stadium

Motherson Sumi Systems gets shareholders' nod for proposed restructuring. The firm will demerge its domestic wiring harness (DWH) business into a new company that will eventually be listed

Marico fourth quarter net profit up 14% at Rs 227 cr; sales rise 34.5%. This was helped by a double-digit volume growth in the domestic market.

SBI General insurance net profit grows 32% to Rs 544 cr in FY21. The results are for the fiscal ended March 3, 2021.

Yes Bank Q4 net loss widens marginally to Rs 3,788 cr. Net interest income declined 23% to Rs 987 crore as against Rs 1,274 crore in the year-ago period

TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today. Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement

Power Grid InvIT of Rs 7,735 crore subscribed 56%, closes on Monday. The price band for the IPO is 99-100 per unit of Rs 100 each

IndusInd Bank reports 190% growth in Q4 net profit at Rs 876 crore. The lender's net interest income, the difference between interest earned and interest expended came in at Rs 3,534 crore for the quarter under review

Reliance Industries Q4 net profit more than doubles to Rs 13,227 crore. The oil-to-telecom conglomerate's revenue from operations rose 11 per cent to Rs 1.54 trillion as compared to Rs 1.39 trillion in the year-ago period

Jio Platforms fourth quarter net profit zooms 47.5% to Rs 3,508 crore. Its revenue from operations came in at Rs 18,278 crore

YES Bank posts net loss of Rs 3,788 crore in Q4 as provisions rise. Yes Bank's net interest income declined 61.5% to Rs 987 cr in Q4

Titan net jumps 66% to to Rs 568 crore in March quarter on low base. Revenue for the quarter rose 59 per cent over the previous year to Rs 7,494 crore, against a forecast of Rs 7,516.8 crore

Biotechnology major Biocon Q4 net profit surges 86% to Rs 296.4 crore. Biocon has reported 86.29% jump in consolidated profit to Rs 296.4 crore for the quarter ended March 31, 2021

Awaiting formation of oversight committee for oxygen production: Vedanta. Vedanta said it would await the formation of the oversight committee by the state government as directed by SC bench on resuming the operation of its facility in Tamil Nadu to produce oxygen

Latest stock market News for tomorrow Access previous news reports: 1153115411551156115711581159116011611162116311641165116611671168116911701171

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