NSE share market NEWS tomorrow (20 April, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 April, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 April 2021
Macrotech Developers was amongst the top gainers, currently trading at 503.10 in NSE with 0.53 times change in volumes and 8.135% change in price. Other gainers included Inox Wind with 6.517% price change and 25.091 times volumes, Apl Apollo with 6.253% price change and 2.235 times volumes, Icici Pru with 5.729% price change and 16.73 times volumes, and Computer Age with 5.119% price change and 0.404 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.
Ultratech Cement was amongst the top losers, currently trading at 6200.85 in NSE with 2.274 times change in volumes and -4.745% change in price. Other losers included Odisha Cement with -3.735% price change and 3.28 times volumes, Iifl Holdings with -3.506% price change and 0.967 times volumes, Hcl Technologies with -3.348% price change and 1.561 times volumes, and Coforge with -3.267% price change and 0.944 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.
Nestle India March qtr profit up 14.6% on double-digit sales growth. Key products like Maggi Noodles, Kitkat, Nescafe Classic, Maggi Sauces, Milkmaid and Maggi Masala-Ae-Magic delivered robust performance as in-home consumption surged
Gateway Rail Freight, Maersk jointly flag automotive express service. Maruti Suzuki transports 180,000 vehicles through trains in 2020-2021
Hero MotoCorp halts production all across as precautionary measure. Firm says shutdown is due to massive and unrestrained spread of Covid-19 across the country
Adani Enterprises incorporates wholly-owned arm MPL. MPL is incorporated in India and was registered with the Registrar of Companies, Gujarat at Ahmedabad on Monday
Chargebee's valuation triples to .4 bn in 6 months, raises 5 mn. The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from cars to coffee providers
Twitter India appoints Apurva Dalal as director of engineering in India. He will be based in Bengaluru and will be responsible for strengthening the company's engineering capabilities and offerings for local and global audiences
Hero MotoCorp to conserve ecological Aravali Biodiversity Park in Gurugram. Two-wheeler market leader Hero MotoCorp on Tuesday said it will work towards ecological restoration and conservation of the Aravali Biodiversity Park at Gurugram, in Haryana for the next 10 years
Flipkart hyperlocal service goes to 6 new cities, promises 90-min delivery. Flipkart Quick aims to expand to other metros such as Kolkata and Mumbai and across other cities this year.
E-commerce, OTT, gaming witnessed over 100% growth in 2020: Report. PayU, India's leading online payments solution provider, has mapped the impact of Covid-19 and lockdown as seen through year-on-year change in digital payments
TrulyMadly raises Rs 16 crore funding; investors include Paytm founder. The funding was raised from from Venture Catalysts, 9 Unicorns, Paytm founder Vijay Shekhar Sharma and others
Pristyn Care's valuation crosses 0 mn, raises mn in funding round. Healthcare startup specialises in surgeries, plans to expand its business in more cities and towns.
Qapita raises mn in Pre Series A round led by MassMutual Ventures. Qapita helps private firms and startups record and manage capitalisation tables (cap tables) and ESOPs. It also aims to digitise issuance of equity awards and shares
Nestle India Q1 net profit up 15% to Rs 602 cr; total sales rise 8.9%. Its revenue from operations came in at Rs 3,610.8 crore, up 8.6 per cent from Rs 3,325 crore in the same period last year
Paytm Payments Bank becomes the largest beneficiary on UPI platform. With 469.84 mn transactions in March it is ahead of the country's largest lender SBI and private lenders such as Yes Bank, ICICI Bank, Axis Bank and HDFC Bank
Medical oxygen requirement increased 7 times; met 60% demand: Inox Air. According to industry figures, the pre-Covid demand for liquid medical oxygen before the pandemic was 700 tonne per day across the country
Amazon vs Future: SC stay on proceedings at Delhi HC; hearing on May 4. The e-commerce major had moved the apex court last week challenging an order dated March 22 passed by a division Bench of the Delhi HC
Texas police to seek Tesla vehicle crash data as Musk denies autopilot use. Police say evidence suggests there was nobody in the driver's seat of the Model S when it crashed and killed 2 persons.
Data security startup Druva's valuation doubles to bn on raising 7 mn. The firm counts US space agency NASA and drugmaker Pfizer among its customers; it had become a unicorn last June
General Motors Employees Union challenges layoff of 1,419 at Talegaon. GM cites global pandemic as reason for step. Firm had stopped selling cars in India in 2017 and stopped production completely on December 24, 2020
Startup India Seed Fund scheme will back domestic biz ideas: Piyush Goyal. The minister said often good ideas are bought out by international venture capitalists at throwaway prices
Tech firms reach out to employees as Covid-19 cases rise in India. Companies are advising employees not to venture out of their homes and give prominence to the health and safety of the family
Auto major Hyundai targets Creta customers with seven-seater Alacazar. The new SUV is being pitched as a premium car; company is expected to launch it with both petrol and diesel powertrains
Life insurers see over 70% year-on-year growth in NBS in March. In FY21, life insurance companies saw a 7.5% increase in NBP over FY20
Tata Digital infuses Rs 100 cr debt in online medicine startup 1mg: Report. The move ahead of the Gurugram-based firm's acquisition by the Tata Sons arm
Paytm expands ESOP scheme to 4 million, adds 242,904 stock options. The addition takes the existing ESOP pool to 2.4 million equity options
ICICI Prudential Life Insurance Q4 consolidated net profit declines 65%. The company's Board of directors recommended final dividend of Rs 2 per equity share
ICICI Prudential profit falls 64% to Rs 64 cr on pandemic addl provision. An accelerated provisioning of Rs 200 crore for the pandemic has crimped net profit of ICICI Prudential Life by 64.2% to Rs 64 crore in the January-March quarter
Tech Mahindra acquires 100% stake in US-based DigitalOnUS for 0 million. The acquired company is headquartered in San Jose, California and reported revenue of .6 million, at the end of CY2020
HSBC top staff to hot desk at London HQ as bank scraps executive floor. CEO Noel Quinn and other senior managers have been kicked out of their offices on the 42nd-floor.
HDFC Bank: Credit card biz, Covid-19 second wave pose near-term threat. A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say
SC stays further proceedings in Amazon-Future-Reliance case before Delhi HC. A Bench headed by Justice Rohinton F Nariman said the matter will be finally decided by the apex court. The matter will be heard on May 4
Infosys COO asks all staff to work from home, get vaccinated if eligible. Says firm has tied up with hospitals in several cities, where employees and their families can get vaccinated
Nestle Q1 preview: PAT may rise up to 14% YoY, say analysts. Nestle Q1 preview: Raw material prices have started inching up, however, cost optimisation measures should aid Ebitda margin expansion of 120 bps YoY, said analysts at Edelweiss Financial
Troubled by outages, HDFC Bank to use cutting-edge tech across businesses. In the letter to staff, CEO Sashi Jagdishan lists initiatives such as infra scalability, strengthening monitoring its Data Centre, and improving firewalls
IEX expands beyond India with launch of cross-border electricity trade. NTPC arm gets approval for Nepal's participation in Cross Border Electricity Trade
Yet another data leak: One million credit cards of Domino's Pizza customers. Data is worth 13 terabytes and also includes 18 million orders with phone nos, emails, addresses, and payment details, says intelligence firm chief
Bajaj Consumer posts over two-fold jump in Q4 profit at Rs 55 cr. Shares of Bajaj Consumer Care Ltd settled at Rs 311.20 apiece, up 1.90 per cent from the previous close.
ACC consolidated Q4 PAT up 74% to Rs 563 cr on highest ever revenue surge. Company says its cost efficiency project 'Parvat' is on track and has helped in managing some continuing cost headwinds
Two passengers killed as Tesla car with 'no one' driving crashes in Texas. One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear.
M-cap of 7 of India's top-10 valued firms tumbles over Rs 1.41 trillion. The market capitalisation of Infosys declined Rs 37,579.03 crore to Rs 5,76,275.68 crore.
Future Retail board approves resolution plan to restructure financial debt. The restructuring would be according to the Reserve Bank of India's circular for companies under stress due to the Coronavirus pandemic.
Lithium-ion battery maker Lohum to invest Rs 250 cr on capacity expansion. Lithium-ion battery pack manufacturer and recycling company Lohum plans to invest up to Rs 250 crore in the next three years to enhance its capacity
Future lenders approve debt restructuring; plan to be sent for approval. Lenders of the debt-ridden Future Retail Ltd have approved a plan to restructure the existing financial debt of the company under an RBI announced resolution framework for Covid-19 related stress
Amazon partners with Indian EV firms for its last-mile delivery fleet. The e-commerce firm will engage with more Indian OEMs to achieve its goal of 10,000 EVs by 2025
AirAsia announces free rescheduling on all flight bookings till May 15. AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021.
Future Retail lenders okay debt recast plan with repayment up to two years. Interest accrued between March 1, 2020, and September 30, 2020, will be converted into Funded Interest Term Loan, payable by December 2021
Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha to improve bid. Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech through an insolvency process
InMobi's Tewari warns of rising cases, offers staff help in audio message. The firm had plans to continue work-from-home till July, but with now Covid cases surging, it may extend the facility
Reliance Communication headed for liquidation after NCLAT judgment. Debt resolution only after clearance of govt dues, says tribunal
Kinetic Green plans to follow affordable engineering model for light EVs. EVs can not only reduce pollution but, more importantly, the cost of transportation will also come down, says founder Sulajja Firodia Motwani
Q4 results: Mindtree reports revenue growth of 5.2% q-o-q, EBITDA at 21.9%. Mindtree, a global technology services and digital transformation company, announced its consolidated results today for the fourth quarter ended March 31, 2021
Indian pharma exports grow at 18% to .44 billion in FY 21 from .58 bn. Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20
Fitch revises positive outlook on Future Retail Ltd, affirms rating at 'C'. Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C'
Crisil downgrades its PVR's long-term rating to AA-minus negative. Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.
HDFC Bank Q4 net profit rises 18% YoY to Rs 8,186 crore. The lender's board of directors decided against declaring any dividend for FY21 in light of the second coronavirus wave
Payments space heats up as Amazon says 5 mn businesses using Amazon Pay. The e-commerce major has also launched the 'Amazon Pay For Business' app for small and medium businesses to enable seamless acceptance of digital payments.
HDFC Bank's net profit rises 18% to Rs 8,186 cr in Q4, misses estimates. The net interest income of the lender rose 12.6% in Q4FY21 to Rs 17,120 cr
100 mn jobs in India can come from small businesses, says Nilekani. 'I think small businesses are being brought into a digital world, getting access to markets, and companies can now start leveraging their own data,' says Nilekani
Insurer ICICI Lombard fourth quarter profit rises 23% to Rs 346 crore. The non-life insurer had posted a net profit of Rs 282 crore in the corresponding period of 2019-20.
Amazon building computer vision tech to check defects in fruits, vegetables. The e-commerce giant's technology can carry out millions of assessments to grade the quality of fruits and vegetables per day at a cost that is far below compared to any other method
Covid-19 pandemic highlights need for collaboration: HUL CMD Sanjiv Mehta. HUL was amongst the fastest to recover within the fast-moving consumer goods companies following a nationwide lockdown last year
Turn Covid-19 crisis into an opportunity, says HUL CMD Sanjiv Mehta. Humanise leadership, people need care not battle cry: HUL's Sanjiv Mehta
National Aluminium Co gets mining lease for Utkal-E coal block in Odisha. National Aluminium Company Ltd (Nalco) on Friday said it has been granted the mining lease of Utkal-E coal block in Odisha. The lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12. As p
IndiGo waives-off change fees on domestic bookings made from April 17-30. The airline also announced that the passengers can now do unlimited changes for new bookings made till April 30 on regular fares under this offer
Strong focus on operational efficiency drives Mindtree profit up 54% YoY. Revenue rises 2.9%, board recommends of 175% final dividend or Rs 17.5 per share
Vi appoints senior executives in marketing, technology security roles. Vivek Jain returns to Vi as EVP of marketing. He worked as head of Maharashtra circle in his previous stint till October 2019
Q4 results: Den Networks reports 51% hike in net profit at Rs 34 cr. Den Networks on Friday reported 50.56 per cent rise in consolidated net profit at Rs 33.89 crore for the fourth quarter ended March 31, 2021.
DoT gets Rs 2,307 cr from Jio, Airtel by assigning spectrum immediately. Telecom Department assigns frequencies to successful bidders; harmonisation of spectrum accomplished along with frequency assignments
Sebi issues guidelines for warehousing norms for agri, non-agri goods. Markets regulator Sebi on Friday came out with guidelines for preparing warehousing norms by clearning corporations for agricultural, agri-processed, base and industrial metals goods.
BHEL to procure goods worth Rs 3k crore from small biz annually: Official. Bharat Heavy Electricals Ltd will procure Rs 3,000 crore of products from small businesses annually as part of the government's efforts to encourage them, a senior official said on Friday.
Lo! Foods raises mn in pre-series A funding led by Chona Family Office. Bengaluru-based Lo! Foods on Friday said it has raised USD 1 million (about Rs 7.4 crore) in funding, led by the Chona Family Office, the erstwhile promoters of Havmor Ice Cream. The pre-series A round also saw participation from Ecosystem Ventures, Raveen
Stage set for Indian small biz to build global brands: Amazon's Broussard. As work from home became the new normal due to the Covid-19 pandemic, Broussard said thousands of our e-commerce sellers from India played a key role in serving customers globally during this period.
Maruti Suzuki hikes price of selected models, others may follow suit. Raw material prices are harÂÂdening with the full impact of cumulative increases set to be felt in Q3 and Q4 of this financial year
HDFC Bank Q4: Analysts see 25% YoY jump in PAT; guidance key monitorable. Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain
LIC employees to get over 25% wage hike, says insurance corp union leader. The new fiscal year 2020-21 has started on a happy note for LIC employees as they are set to get over 25% hike in their pay packets, said a top union leader
Richard Verma appointed as Mastercard's Head of Global Public Policy. Former US Ambassador to India Richard Verma has been appointed as General Counsel and Head of Global Public Policy of Mastercard, according to an announcement by the financial services corporation
FMCG startup AnKa SumMor raises Rs 3 cr in pre-Series A round led by IPV. AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly
Citi's exit from retail banking an opportunity for Indian banks: Analysts. Among its various business verticals, analysts say Citi's credit card business will be most sought after by suitors
Quess Corp to acquire remaining 30% stake in Conneqt from Tata Sons. Business services provider Quess Corp on Friday said it will acquire the remaining 30 per cent equity stake in Conneqt Business Solutions Ltd from Tata Sons for Rs 2.08 billion
Fortis Escorts Heart Institute receives Sebi notice in funds diversion case. Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute, has received a notice from SEBI in the matter related to the alleged diversion of funds by its erstwhile promoters
Maruti Suzuki hikes prices by up to Rs 22,500 to offset input costs. Barring Celerio and Swift, all the models of the company will be covered under the price increase exercise
L&T construction arm bags significant contracts for various businesses. The construction arm of Larsen & Toubro has secured orders from prestigious clients for its various businesses, the engineering major said on Friday.The power transmission distribution business has won orders to design and construct two sub-stations in D
Jindal Steel exits Oman biz via balance 51% stake sale to Vulcan Steel. Jindal Steel owned 48.99% in the Oman unit via Jindal Steel & Power (Mauritius) Ltd. The former had made the deal to exit Oman biz last September
Tata Steel Mining aims to double ferro chrome capacity to 900,000 tonne. Had acquired three Chromite mines with 50-year leases in the 2020 mineral auctions
Transported 81,437 kg of Covid vaccines between Jan 12 and Apr 12: IndiGo. IndiGo airline transported a total of 81,437 kg of COVID-19 vaccines between January 12 and April 12, the budget carrier said in a statement on Friday. It noted that the airline had a leading market share of 36.56 per cent in COVID-19 vaccine transportatio
Ashok Leyland supplies bullet proof vehicle to Indian Air Force. The firm has delivered the first light bullet proof vehicle to Indian Air Force (IAF)
Mindtree Q4 profit up 53% YoY to Rs 317 cr; declares dividend of Rs 17.5/sh. For the year, Mindtree delivered revenues of ,076.5 million and margin expansion of 680 bps, while increasing their order book by 12.3 per cent
Bajaj puts brakes on bookings of e-scooter Chetak due to high demand. Attributes move to supply chain uncertainties, receives 'overwhelming' response for model
Softbank Group to invest 0 million in Swiggy at .5 billion value. Second funding for food delivery startup in as many weeks
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