NSE share market NEWS tomorrow (24 February, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (24 February, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 February 2021
Aditya Birla was amongst the top gainers, currently trading at 122.35 in NSE with 1.058 times change in volumes and 8.466% change in price. Other gainers included Iifl Holdings with 7.827% price change and 1.185 times volumes, National Buildings with 6.821% price change and 1.955 times volumes, Abb India with 6.135% price change and 2.504 times volumes, and Au Small with 6.066% price change and 0.85 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.
Cg Power was amongst the top losers, currently trading at 54.80 in NSE with 0.426 times change in volumes and -4.446% change in price. Other losers included Jubilant Foodworks with -4.136% price change and 0.357 times volumes, Mphasis with -2.903% price change and 0.319 times volumes, Info Edge with -2.654% price change and 0.485 times volumes, and Cholamandalam Investment with -2.569% price change and 1.002 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.
Goldman-backed ReNew Power to list on NASDAQ at billion valuation. To partner with RMG Acquisition Corporation for private investment in public equity
Bajaj Allianz Life launches post-retirement fund guarantee plan. Bajaj Allianz Life Insurance on Wednesday launched an insurance plan offering a guaranteed regular deferred annuity during post-retirement life
Axis entities get Irdai approval to acquire stake in Max Life Insurance. Axis Entities will have the right to acquire another 7 per cent in the life insurance company, in or more tranches
Patanjali refutes IMA's claims; releases research papers on Coronil. To support its argument, Patanjali has released a bunch of scientific papers on its research for a Covid-19 medicine that was published in popular peer-reviewed journals
Japan's Suzuki Motor bets big on India for its record sales target. Intends to sell 3.7 mn units globally by 2025, with 67% contribution from Asia
Piramal Enterprises sets up AMC with assets worth Rs 11,000 crore. Piramal has roped in Kalpesh Kikani as Chief Executive Officer
Suzuki Chairman Osamu Suzuki to retire, assume role of senior advisor. SMC also said its board has proposed the appointment of Toshihiro Suzuki -- current director and President, and son of Osamu Suzuki -- as the Chairman of the Board of Directors
Healthcare startup Innovaccer's valuation crosses bn, joins unicorn club. The new funding round brings the total capital raised by Innovaccer to over 5 million.
India among largest growth contributors in 2020: Reckitt Benckiser. The British fast moving consumer goods giant today reported 11.8 percent topline growth for the year
Alliance Air to commence flight services from Bilaspur to Delhi from March. Air India's regional subsidiary Alliance Air will commence its flight services from Bilaspur in Madhya Pradesh to Delhi, with the option of flying either via Jabalpur or Allahabad from March 1. The four-times-a-week services on the new route will be operat
Wipro names Rene Mulder as Country Head and MD of Switzerland ops. Mulder said he looked forward to leveraging his industry experience to help further clients' digital agenda and strengthen Wipro's footprint in Switzerland
IIM Lucknow achieves 100% final placements in virtual hiring process. A good number of prestigious first-time recruiters were also on-boarded this time apart from the legacy recruiters offering diverse job profiles
Flipkart to deploy more than 25K EVs, partners with leading manufacturers. The Walmart-owned e-commerce firm has partnered with Hero Electric, Mahindra Electric and Piaggio, for specific vehicles to be deployed for its first and last-mile delivery fleet across the country
Exim Bank extends 0 mn loan to Mauritius on behalf of India. The loan is for for defense-related procurements
IIFL Finance raises Rs 100 crore through non-convertible debentures. The firm it has raised the funds through issuance of non-convertible debentures (NCDs) on private placement basis
Airtel enters ad tech industry with Airtel Ads; says will not spam. This will enable brands to pitch consent-based and privacy-safe campaigns to over 320 million of its customers, the firm said
Suzuki Motor chairman Osamu Suzuki to retire, become senior adviser. The corporate management direction toward 2030 and 2050 was defined. Therefore, with the expiration of the current term of office, Suzuki will retire, says the automaker
Infosys took journey to become 'Live Enterprise' 3 yrs ago: Nandan Nilekani. Firm's chief says Live Enterprise is an idea of how companies will be run in the future and a lot of it has come out of Infosys' own experience over the last three years
Tata Power raises Rs 900 cr through non-convertible debentures. Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs)
Reliance Industries prices coal gas from Madhya Pradesh at minimum . The firm sought bids from buyers of coal gas it produces from CBM blocks in Madhya Pradesh at a minimum price of about at the current oil price
Everstone sells Modern Foods to Mexican firm for undisclosed amount. Grupo Bimbo is the world's largest baking company, operating in 33 countries including India, and has a diversified portfolio of over 13,000 products and 100 brands
Bosch to upgrade Bengaluru unit to AIoT-enabled campus, invest Rs 800 cr. The campus is likely to house the second-highest number of Bosch employees in the world
Web Werks raises 0 mn from Iron Mountain to fuel India expansion. Iron Mountain will be majority stakeholder in the venture, deal will allow Web Werks to speed up expansion across Indian cities and build capacity
Edtech, logistics and gig-economy to drive jobs as startups step up hiring. Freshers hiring likely to double as compared to last year
Goldman Sachs-backed ReNew Power to go public in US via -bn SPAC deal. The deal will be financed with cash proceeds of .2 bn, including 5 mn in investments from serial blank-check dealmaker Chamath Palihapitiya
Honeywell eyes 10% revenue contribution from its SME brand Impact in 2 yrs. Technology firm Honeywell on Wednesday announced setting up of a new segment under brand name Impact
Bharti Airtel, US chipmaker Qualcomm team up for 5G push in India. Telecom operator Bharti Airtel and US chipmaker Qualcomm on Tuesday announced collaboration for accelerating 5G in India. Airtel recently became India's first telco to demonstrate 5G over a live commercial network in Hyderabad city, underlining the company
After record FY21, brokerages' revenue growth to moderate in FY22: ICRA. 'The ongoing investor exuberance is expected to wane gradually. The trading volumes are expected to moderate compared to the peak witnessed in the last few months,' says an ICRA official
Large real estate players double market share amid recovery: ICRA. The residential realty sector is witnessing a K-shaped recovery, credit rating agency ICRA said on Tuesday
Sanofi India board approves special dividend of Rs 240 per share. The company reported net profit of Rs 123 cr for the quarter ended December, 31 2020, an increase of 27% from year-ago period
To end reliance on China, Indian pharma firms go local for raw materials. Though India is known as the pharmacy of the world for its massive production capacities of both generic drugs and vaccines, China accounted for half of its API needs in 2019
Aon India's survey projects 7.7% salary hike in 2021 against 6.1% in 2020. Fewer companies plan to give zero increment
NTPC inks pact to buy GAIL's 25.1% stake in Ratnagiri Gas and Power. Ratnagiri Gas and Power Pvt Ltd is commonly known as Dabhol project
State-run REC raises 0 million through issuance of notes. The firm has raised the money through issuance of notes (bonds) under its billion Global Medium Term Note Programme which would be used to finance the power sector
Online assessment firm Mercer Mettl sees 2021 as year of strong growth. Online assessment firm Mercer Mettl on Tuesday said it expects 2021 to be a year of strong growth for the company with most of the economic activities coming out of pandemic. The company's support to corporate for online assessments for hiring and other ac
Tata Consumer to replace Gail India in Nifty 50 effective March 31. Move is expected to result in passive inflows of million (Rs 650 cr) in Tata Consumer. Gail could see outflows of million (Rs 410 cr)
NCLT rejects applications seeking copy of Jet Airways' resolution plan. In January, the Jet Airways Aircraft Maintenance and Engineers Workers Association (JAMEWA) had filed an application in the NCLT to expedite the insolvency process of the grounded airline
Reliance Industries shares rise nearly 1 pc after spin-off. Shares of Reliance Industries Ltd (RIL) rose nearly one per cent to close at Rs 2,024.25
Gujarat closure notice to UPL's Jhagadia plant after fire leaves two dead. The fire had erupted after a blast in the factory in the early hours of Tuesday. Twenty injured an five labourers missing as well
H&M appoints Yanira Ramirez as country sales manager for India. Swedish apparel retailer H&M on Tuesday announced the appointment of Yanira Ramirez as the new country sales manager for India. Previously global Sales Manager for & Other Stories, Ramirez joins the India team at a time when H&M India has 50 stores across
Zuari Agrochemicals to sell Goa fertiliser plant to Paradeep Phosphates. Zuari Agrochemicals on Tuesday said it will sell its fertiliser plant and the associated biz at Goa to Paradeep Phosphates (PPL) for an enterprise value of USD 280 million (over Rs 1,100 crore).
You have a week's time to reply: Maharashtra to GM's Union, management. The workers' union at the Talegaon factory and the GM's management have been locked in a bitter legal feud since GM announced its decision to shutter the plant in December 2020
Cochin Shipyard bags Rs 10,000-crore Navy order for six missile vessels. The yard has delivered two of India's largest double hull Aframax tankers each of 95,000 DWT
Blast at UPL plant kills two, Gujarat govt orders closure of unit. The company has been directed to pay ex-gratia to the next of kin of the deceased workers
India's smartphone market set to cross Rs 2-trillion mark in 2021. Market size shrunk in 2020, but higher volumes and ASP expected to set new benchmarks
Top headlines: New corporate pay structure, mapping deregulation, and more. From investor charter presented in the Union Budget to correction in gold prices, here are the top headlines on Tuesday morning
Reliance to hive off O2C business, expects approvals by September quarter. The Mukesh Ambani-controlled company had initiated the process to hive off its oil-to-chemicals business at a time when the Covid-19 pandemic caused a slump in fuel demand
Adani forays into data centre business, sets up 50:50 JV with EdgeConnex. In addition to full-scale data centres, AdaniConneX will also develop a portfolio of Edge data centres strategically located across the country to address the need for more proximate capacity
If Big Tech has the will, research can show the way to self-regulation. Research shows three key ways social media self-regulation can work: deprioritize engagement, label misinformation and crowdsource accuracy verification
Zomato raises Rs 1,800 crore in new funding round from five investors. The new valuation marks an increase from .9 billion valuation of Zomato in December
TVS Motor Company appoints Timothy Prentice as Vice President for design. Prentice specialises in advanced design planning, and TVS expects his experience in designing high-performance electric vehicles to take its EV line-up design to the next level
Amazon partners with Mahindra Electric to include EVs in delivery fleet. The e-commerce major would continue to work with several OEMs to build a fleet of 'Made in India' electric vehicles that ensure sustainable and safe delivery of customers' orders
S&P assigns BBB-minus to Bharti Airtel's proposed senior unsecured notes. S & P Global Ratings on Tuesday assigned BBB negative long-term issue rating to senior unsecured notes that Bharti Airtel Ltd proposes to issue.At the same time, it assigned BB long-term issue rating to proposed subordinated perpetual securities (PERPS) is
Unicorns have created 6-bn value for startup ecosystem in 10 yrs: Report. Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone
Airtel partners with Qualcomm for virtualised, Open RAN-based 5G networks. Airtel is also looking to collaborate with Qualcomm for 5G Fixed Wireless Access (FWA) to deliver broadband connectivity at Gigabit speeds to homes and businesses
RIL gets Sebi approval to hive off O2C business into independent subsidiary. Company again mentions that its talks with Aramco for what could be one of the largest downstream transactions in India are on
Bharat Forge jumps over 4% after firm inks pact with Paramount Group. The stock gained 4.05 per cent to Rs 612 apiece on the BSE. On the NSE, it rose by 4.12 per cent to Rs 612.85
Shantanu Mitra to rejoin Temasek-backed Fullerton India as CEO. Rajashree Nambiar stepped down as MD & CEO in January 2021 after a three-year stint to pursue outside interests
Gati-KWE to process cargo loads of 100 trucks a day at new Delhi facility. The proposed facility is designed to process cargo loads of almost 100 trucks a day
20% of Indian firms to adopt connected cloud strategies by 2023. Enterprises in India are leveraging cloud for objectives beyond business continuity, an IDC report said on Tuesday
Hyundai unveils Ioniq 5 electric crossover, expects EV demand jump. The company says the model is based on a new electric vehicle-only platform that uses its own battery module technology and requires fewer components than Hyundai's existing electric cars
Sun Pharma to launch complete range of generic anti-epilepsy drug. The firm said it plans to introduce a complete range of anti-epilepsy drug Brivaracetam in the country at an affordable price
Top headlines: RIL to spin off O2C biz; Airtel, Qualcomm tie up in 5G boost. Former Trai chief Rahul Khullar passed away Tuesday morning, Amazon India has partnered with Mahindra Electric to add more electric vehicles to its fleet, and other top news of the day
Federal Bank aims 'mid-teen' growth in credit for fiscal 2022. The firm is aiming for an acceleration in credit growth into 'mid-teen' figures in 2021-22
Indian pharma firms go local seeking to end reliance on China. Disruption to supplies from China due to the Covid-19 pandemic was also a major factor
Reliance's proposed business reorganisation credit neutral: Fitch. Fitch Ratings said on Tuesday the proposed reorganisation plan by Reliance Industries Ltd (RIL) to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary as a step towards facilitating participation by
Gati-KWE to set up 150,000 sq ft surface transhipment centre in Delhi. The facility has been conceptualised to achieve economy of scale and provide unparalleled customer service
BharatPe gives 80x returns to investors as valuation tops 0 mn. The Delhi-based fintech company has already returned Rs 102 cr cash to its secondary investors as against the initial angel round of Rs 1.9 cr
Bharat Forge joins hands with Paramount to manufacture armoured vehicles. Bharat Forge on Monday said it has inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. An agreement to this effect was signed by both companies during the International Defence Expo (IDEX
Serum Institute to export Covid-19 vaccine to 25-30 countries on Tuesday. Bharat Bio says keen to follow, have capacity of 40 mn doses a month
Bharat Biotech to have phase 3 efficacy data for Covaxin in 2 weeks. The restricted emergency use allowed by the regulator was based on phase 2 safety and immunogenicity studies, as well as data from monkey trials
Zomato's valuation crosses .4 billion, after raising 0 million. Ahead of its expected IPO, investors such as Kora, Tiger Global and Fidelity have made fresh investments in the Deepinder Goyal-led foodtech company
Airtel to decide on foreign currency bonds post meet with investors. The firm said it will meet global fixed income investors on or after February 23
Proceedings before NCLT allowed, barring the final order, clarifies FRL. The Supreme Court earlier today ordered the NCLT not to pass a final order on the Future-Reliance deal
MediBuddy raises mn funding from India Life Sciences Fund III, others. The firm raised million (about Rs 145 crore) earlier this month from India Life Sciences Fund III, LLC and others
Tata Motors to ride SUV mkt with slew of offerings after new Safari launch. Tata Firm says its SUV sales advanced 20% YTD over the past year, new addition will speed up growth; Next on the road is Hornbill, a micro SUV set to launch in latter part of CY2021
Rail PSU invites private players to be part of 'roll-on roll-off' service. Railway PSU DFCCIL has floated a tender inviting private players to be part of a roll-off, roll-on service
State-owned Life Insurance Corp launches new plan Bima Jyoti. The plan is a non-linked, non-participating, individual, savings plan offering a combination of protection and savings
Jindal Power appoints former Coal India head as new Chairman. Jindal Power Ltd (JPL) on Monday announced the appointment of former bureaucrat Anil Kumar Jha as its Chairman. A veteran of the mining industry, Jha isformer chairman of Coal India Limited, JPL said in a statement. JPL is a subsidiary of steel maker Jinda
Want new factory to make car chips? That'll be billion, please. It takes approximately billion to set up a fab for the types of chips carmakers need
Sannareddy's share holdings in Megasoft reclassified under public category. Ravindra Sannareddy promoted Megasoft in 1999 and has been instrumental in the growth of the Company, to opt out of Promoter category.
Zomato raises 0 mn from Tiger Global, Kora; valuation touches .4 bn. On a fully converted and diluted basis, Info edge's effective stake in Zomato stands at 18.4 per cent, it added
Shocked at Patanjali's 'blatant lie of WHO certification', says IMA. The launch was attended by Union Health Minister Harsh Vardhan and Transport Minister Nitin Gadkari.
Tribunal rejects petition by employees of debt-laden Jet Airways. A committee of creditors had, in October, approved of the resolution plan submitted by UAE businessman Murari Lal Jalan and Kalrock Capital
Top headlines: RBI buys bonds, Tatas outdo Sensex under Chandrasekaran. The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced OMOs
HUL, Colgate among Nomura's top picks in case of GST slab rejig. The rate rejig, analysts say, will alter the tax burden on companies, which they expect to get passed on to the consumers
Supreme Court halts Future Group's .4 billion deal on Amazon plea. Agreeing with the American e-commerce giant's petition, the top court on Monday overturned a lower court's ruling and stopped India's company tribunal from approving the transaction till further order
Dell opens global innovation facility in Singapore, first outside US. Dell Technologies has opened a million innovation facility in Singapore focusing on research and development (R&D) in key digital transformation technologies.
Supreme Court issues notice to Future Retail, others on Amazon's plea. A bench comprising Justices R F Nariman and B R Gavai issued notices to Future Retail Ltd, Chairperson Kishore Biyani and others and sought their replies
Dr Reddy's launches stomach, esophagus problems treatment drug in US. The product is a therapeutic equivalent generic version of Prevacid SoluTab delayed release orally disintegrating tablets approved by the US Food and Drug Administration (USFDA)
Jio climbs to the top, becomes largest telecom operator in Gujarat. Jio started its services in September 2016. By end of December 2020, it climbed to the top-most position in the circle
SC bars NCLT from finalising orders allowing .4 bn Future-Reliance deal. A bench headed by Justice Rohinton Nariman also ordered that while the proceedings before NCLT can go on, they should not culminate in any final order of sanction of the scheme
DHFL auditor unearths another fraudulent transaction worth Rs 6,182 cr. According to findings of Grant Thornton (GT), these transactions happened over a period of time
L&T bags large contracts in power biz, ranging between Rs 2,500-5,000 cr. Engineering and construction major Larsen & Toubro (L&T) on Monday said its power transmission and distribution business has bagged large domestic and overseas contracts across its spectrum of offerings. Though the company did not specify the exact value o
Coal India signs MoU with Railways' CRIS to monitor freight movement. The mining giant said the information would help minimise the instances of under loading and overloading of rakes and untangles the knots benefitting CIL, Railways and consumers
Shriram Capital appoints K P Krishnan as Chairman, effective Feb 19. Krishnan comes with diverse experience of a little under four decades with the central and Karnataka governments
INOX Air announces greenfield investment in industrial gases sector. Investment in line with Budget 2021's vision of accelerating growth in core sectors of manufacturing, infrastructure and healthcare
Coal India inks pact with CRIS for sharing of coal freight data. State-owned Coal India on Monday said it has signed a pact with the Centre for Railway Information Systems (CRIS), a wing under the railways ministry
As border tensions ease, India to clear 45 investments from China: Report. The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions
Vedantu acquires doubt-solving platform Instasolv for an undisclosed amount. Ed-tech startup Vedantu on Monday said it has fully acquired Instasolv, a doubt-solving app for students of class 6 to 12 for science, mathematics, as well as for those of IITJEE and NEET. The ed-tech firm, however, did not disclose the financial details o
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