NSE share market NEWS tomorrow (11 February, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (11 February, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 February 2021
Indian Energy was amongst the top gainers, currently trading at 300.55 in NSE with 3.211 times change in volumes and 11.047% change in price. Other gainers included Max Healthcare with 9.919% price change and 4.067 times volumes, Inox Wind with 9.574% price change and 2.858 times volumes, Idea Cellular with 8.403% price change and 4.23 times volumes, and Jsw Energy with 6.813% price change and 2.872 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.
Iifl Holdings was amongst the top losers, currently trading at 234.60 in NSE with 1.048 times change in volumes and -4.01% change in price. Other losers included Fortis Healthcare with -3.74% price change and 0.865 times volumes, Page Industries with -3.664% price change and 0.601 times volumes, Aurobindo Pharma with -3.383% price change and 1.764 times volumes, and Bharat Electronics with -3.182% price change and 1.051 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 Infratech posts net loss of Rs 472.36 cr in December quarter. Jaypee Infratech on Thursday reported a consolidated net loss of Rs 472.36 crore for the quarter ended in December
Oil India reports higher Q3 profit over significant tax reversal. Company board declares 35 per cent dividend
Coal India's net falls 21% to Rs 3,084 crore in December quarter. For the nine months of the current financial year, the net profit of CIL was down by 32.3 per cent at Rs 8,113 crore
ICICI Lombard sets up index to track risk exposure in sectors, companies. Indian companies have a score of 57, indicating optimised risk handling methods, says the index
IndiGo to start 22 new flights from March 28 onwards across India. IndiGo on Thursday said it will start 22 new flights from March 28 onwards from various cities including Agartala, Bhubaneswar, Jaipur, Chennai, Bengaluru, Patna and Tirupati.
Ashok Leyland Q3 results: Net loss at Rs 19 crore due to VRS cost. Revenues increased to Rs 4,813.51 crore for the period under review
Microsoft unveils solution to help Indian firms with advanced hybrid cloud. Microsoft India on Thursday announced the availability of Azure Stack HCI, a new solution that allows customers to adopt a multi-cloud, multi-edge hybrid approach seamlessly. The solution combines the flexibility, scalability, and price-performance advanta
PepsiCo's India business logs single-digit growth in December quarter. When compared with some of its other markets like Brazil, the India business of PepsiCo remained below par
Power Grid posts 26% rise in net profit to Rs 3,368 cr on higher revenues. Power Grid Corporation on Thursday posted 26 per cent rise in consolidated net profit at Rs 3,367.71 crore for December quarter 2020-21 mainly on the back of higher revenues.
Industry must live up to expectations: India Inc after PM's remarks. India Inc on Thursday said Prime Minister Narendra Modi's acknowledgement of the private sector's role in India's growth and enhancing the country's prestige globally is a much-needed shot in the arm
ITC Q3 profit falls 11% YoY to Rs 3,587 crore, declares interim dividend. Consolidated revenue from operations rose to Rs 14,124 crore during the quarter from Rs 13,307 crore in the year-ago period
L&T construction arm wins contracts worth Rs 2,500 cr in Mauritius, UP. The company's railway infrastructure business has also secured an order from Uttar Pradesh Metro Rail Corporation Limited (UPMRCL).
Kalrock-Jalan consortium confident of getting NCLT nod for Jet revival plan. The consortium wants to restart Jet Airways as a full service airline with bases in Mumbai, Delhi and Bengaluru
Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22. The capital will predominantly come from within Shriram group
Amazon moves SC challenging Delhi HC order on Future-Reliance deal. The e-commerce giant has contended that the Division Bench order is illegal, and arbitrary apart from being without jurisdiction
Petronet LNG reports Rs 882 crore consolidated profit for third quarter. The rise in profit is despite consolidated total income declining to Rs 7427.90 crore during the period under review from Rs 8994.39 crore in the comparable period
ITC adjusted profit falls 3.7% to Rs 3,662 crore, declares interim dividend. Revenues from operations was up by 6 per cent to Rs 14,124.48 crore from Rs 13,307.54 crore in the year ago period
SoftBank-backed Grofers plans to go public in US through SPAC deal. Seeking a deal that would value the online grocer at bn
Bayer CropScience Q3 profit before tax declines 34% to rs 106 cr in Dec qtr. Bayer CropScience''s (BCSL) PBT stood at Rs 161.2 crore during the same quarter of 2019-20, Bayer CropScience said in a statement
ACC consolidated net profit jumps 73% to Rs 472.4 cr in Dec quarter. The company, which follows the January-December financial year cycle, had posted a net profit of Rs 273.28 crore in the corresponding quarter a year ago, ACC said in a BSE filing
India set to see a median increase in salaries of 7% in 2021: Survey. Pharma, tech and consumer products to see highest sectoral increases
Data traffic in India increased 60 times in 5 years, says Nokia report. The research showed that 4G alone constituted nearly 99 per cent of the total data traffic consumed across the country in 2020.
Amazon appeals to Supreme Court in Future-Reliance deal dispute: Report. A New Delhi court this week dealt a blow to the U.S. firm by revoking a previous court decision that effectively blocked the deal
Blue Star launches a new range of refrigerators, ideal for storing vaccines. Ice lined refrigerators are ideal for vaccination programmes due to their ability to maintain a desired temperature even without power for up to as long as 48 hours. says Blue Star
SpiceJet to start 24 domestic flights from various cities including Ajmer. Flights between Ahmedabad-Bagdogra-Ahmedabad and Chennai -Kolkata -Chennai will operate three days a week while flights from Patna will operate five days a week to Bengaluru and twice a week to Surat
Aditya Mittal set to take over from his father as CEO of ArcelorMittal. The company also said it will pay a dividend of 30 cents a share. The steelmaking giant halted payouts following a collapse in demand last year
Royal Enfield Himalayan gets Tripper navigation system among other upgrades. Priced Rs 201,314 (ex-showroom, Chennai) onwards, the Himalayan 2021 is currently available for bookings and test rides in India
BharatPe raises Rs 786 crore in Series D funding at Rs 6,552 cr valuation. The company has raised million (over 655 crore) in primary fund raise, and ensured secondary exit for its angel investors and employees for a total amount of million (nearly Rs 131 crore)
ArcelorMittal announces billion cost savings plan, restarts dividend. ArcelorMittal said it had benefited from a gradual recovery in steel demand resulting in higher steel shipments and improved margins as well as a better mining performance
Gulf Oil Lubricants partners Gulf Oil Intl for exploring EV charging space. The charging station market, as per estimates, is expected to have a good potential in coming years, wherein around 50-60 per cent is expected to be in residential charging solutions
BharatPe set to become next unicorn after valuation crosses 0 mn. The fintech firm, which competes with players like Pine Labs, Paytm and Mswipe, provides payment technology and digital lending for offline businesses, including kiranas
MRF profit grows 116% to Rs 511.72 cr in Dec quarter, revenue rises 14%. The company's stock, which was trading at around Rs 97,000 on Thursday morning, dropped to Rs 94,428.10 (at 12.55 p.m) after the results were announced
Tyre maker TVS Srichakra's profit rises 124% to Rs 46.32 cr in Q3. During the third quarter, the company's revenue rose to Rs 553.31 crore from Rs 497.54 crore in the year ago period, an increase of around 11.20 per cent
Prestige Group partners Awfis to set up 6 co-working centres. Realty firm Prestige Group has tied up with co-working operator Awfis to set up six centres, comprising around 4,000 desks, in Bengaluru, Hyderabad and Chennai
India Quotient raises fourth fund worth mn for 'game-changing' startups. Venture capital fund has funded close to 70 startups over the last eight years.
Ola to deploy ABB automation solutions for rollout of electric scooters. Ola's electric scooter factory will have an initial annual capacity of around 2 million units and will create around 10,000 jobs
Ola ropes in ABB to deploy robots at its electric scooter factory. Ola's factory will create 10,000 jobs and serve as the company's global manufacturing hub for India and international markets
Biden seeks more foreign workers while skirting H-1B visa uproar. Companies like Google, Apple and Facebook have for years pressed to increase the number of tech workers allowed into the US
Cap on airline capacity extended till 31 Mar, but airlines can charge more. Govt allows airlines to charge more by increasing the upper- and lower-cap on airfares by up to 30%
Cap on airline capacity extended till 31 Mar, but fares may rise up to 30%. For flights with duration of 90 to 120 minutes the lower fare cap has been increased to Rs 3,900 from Rs 3,500 whereas the cap on maximum chargeable fare has been increased to Rs 13,000 from Rs 10,000
L&T Construction secures contract for Mauritius Metro corridor. The transportation infrastructure business of L&T Construction has secured an order in the range of Rs 1,000-2,500 crore to extend the mainline corridor of the Mauritius Metro by 3.4 km from Metro Express Limited (MEL), Mauritius.
Coal India Q3 results: Net profit declines 21% to Rs 3,084 crore. Revenue from operations during the quarter increased to Rs 23,686 crore
Tube Investments net profit in third quarter rises 37% to Rs 107 cr. The company's revenue for the quarter was at Rs 1,309 cr as against Rs 976 cr in the corresponding quarter of the previous year
Aditya Mittal appointed ArcelorMittal CEO; father to be executive chairman. Aditya Mittal is now president, chief financial officer (CFO) and chief executive officer (CEO) ArcelorMittal Europe.
Koo crosses 3 million users, popularity surges amid Twitter row. Koo has in the last few weeks seen a massive surge in user base as Union ministers and government departments have endorsed the homegrown microblogging platform
Poonawalla's buyout to aid Magma Fincorp's expansion plans: Analysts. With Poonawalla taking control and fortunes of Magma Fincorp (MFL) expected to change, investors rushed to buy the latter's shares which were locked in the 10 per cent upper circuit band
Murugappa Group to foray into vehicle manufacturing via Tube Investments. The company did not disclose other details, including where the facility will come up and when that will happen
Lenders sell Mallya's entire stake in Mangalore Chemicals and Fertilisers. The shares were sold in the stock markets and the proceeds will be used to retire part of bank dues
Power Finance Corporation net up 17% at Rs 3,963 cr in Dec quarter. The firm posted a 17 per cent jump in its consolidated net profit at Rs 3,963.18 crore for the quarter ended in December
OTTs upgrade self regulation code for content with 'implementation toolkit'. The signatories to the code include ZEE5, Viacom 18 (Voot), Disney+ Hotstar, Amazon Prime Video and Netflix
Piramal Enterprises reports 10% rise in Q3 net profit at Rs 799 crore. The company with two prominent business units - finance and pharma - reported a three per cent drop in consolidated revenues at Rs 3,169 crore in Q3FY21
State-owned RailTel IPO priced between Rs 93-94, offers 87 million shares. At the upper end of the price band, the IPO size works out to Rs 819 crore
Sun Pharma, 7 executives settle dispute with Sebi; pay Rs 2.92 cr. Two whistle blowers had alleged that Sun Pharma and its subsidiary Sun Pharmaceutical Laboratories diverted funds through its sole distributor in India Aditya Medisales
TVS Group files scheme of amalgamation involving holding companies. Family agreement in December spelled shareholding on families that run the .5 billion group.
Centre, states owe Air India Rs 498 crore, says Hardeep Singh Puri. The Centre and states owe Air India Rs 498.17 crore as on December 31, 2020 for VVIP travel, evacuation operations, travel of foreign dignitaries among other services, Puri said Wednesday
Realty firm Prestige Group partners Awfis to set up 6 co-working centres. Realty firm Prestige Group has tied up with co-working operator Awfis to set up six centres, comprising around 4,000 desks, in Bengaluru, Hyderabad and Chennai with an investment of about Rs 40 crore.
Top headlines: Govt comes down heavily on Twitter, IndiGo starts hiring. Business Standard brings you the top headlines at this hour
MoneyTap launches 'buy now pay later' facility for digital borrowers. Digital lending platform MoneyTap on Wednesday said it has unveiled a 'buy now pay later' facility for its borrowers
Schneider Electric Infrastructure net profit up 11 pc in December quarter. Schneider Electric Infrastructure on Wednesday posted an 11 per cent rise in quarterly net profit at Rs 33.33 crore
SpiceJet posts Rs 67 cr net loss in Q3 vs Rs 78 cr profit a year ago. While revenue from operations halved, SpiceJet gained due to Rs 209 crore of other income, including claims due from Boeing towards grounding of 737 Max and concessions in lease rent from lessors
Eveready records Rs 50.43 cr profit in Dec qtr on volume growth, price hike. Profit was Rs 90.60 cr in year-ago period, but this included exceptional gain of Rs 89.55 cr from land deal in Chennai
ICAI wants FM to withdraw Budget proposal on doing away with GST audit. The Institute argues that benefits of such an audit outweigh ease of compliance that the new rule would bring for assessees
Toyota hikes profit forecast 54%, shrugs off global chip supply issues. Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips
Titan Q3 net profit up 12% to Rs 530 cr as jewellery division sparkles. Consolidated revenue up 17 per cent to Rs 7,659 crore, diamond-studded jewellery, coin sales continue to rule high
Cheaper natural gas pushes IGL's Q3 consolidated net up 28% to Rs 382 cr. Total income declines 13.5% YoY to Rs 1,621 cr; firm says it is meeting fuel needs of over 1.2 mn CNG vehicles in NCR through a network of 560 CNG stations
Mindspace Business Parks REIT third quarter net profit at Rs 140 crore. The firm declared a distribution of Rs 283.5 crore to unitholders
PNB inks deal with Indian Oil to provide up to Rs 2 cr loan to dealers. The firm has inked a pact with Indian Oil Corporation to provide up to Rs 2 crore to the oil company's dealers
Page Industries Q3 posts 76.6% increase in net profit to Rs 153.70 cr. Page Industries Ltd (PIL) on Wednesday reported a 76.64 per cent increase in consolidated net profit at Rs 153.70 crore for the third quarter ended December 2020.
Royal Enfield may look at hiking prices in April over commodities. Niche bike maker Royal Enfield may look at hiking prices from April in view of rising commodity prices, a top company official said on Wednesday. The company, which is a part of Eicher Motors, has already increased prices by multiple times over the last si
CCI approves acquisition of Varian Medical Systems by Siemens Healthineers. The Competition Commission of India (CCI) on Wednesday said it has given nod to acquisition of 100 per cent shares and sole control of Varian Medical Systems by Siemens Healthineers. As per a combination notice filed with the regulator, the transaction rel
Adar Poonawalla to acquire 60% in Magma Fincorp for Rs 3,456-crore. As a part of deal, Magma will get fresh capital of Rs 3,456 crore
Aurobindo Pharma Q3 net profit zooms over four-fold to Rs 2,946.32 cr. Aurobindo Pharma reported an over four-fold jump in its consolidated net profit to Rs 2,946.32 crore for the quarter ended December 31, 2020 mainly on account of one time exceptional gains.
NBCC net profit increases by 75% to Rs 97 crore in December quarter. State-owned NBCC Ltd on Wednesday reported a 75 per cent increase in its consolidated net profit to Rs 96.98 crore for the third quarter ended December 2020.
GAIL expects to end sales of its US-sourced LNG locally from 2023. By Nidhi Verma
Adar Poonawalla-backed firm takes over Magma Fincorp in Rs 3,456 cr deal. The company, which has a fledgeling NBFC arm called Poonawalla Finance which lends mostly to professionals, said the acquisition will be done through a group company called Rising Sun Holdings
BPCL to buy out Oman Oil's 36.62% stake in Bina refinery for Rs 2,400 cr. Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buyout Oman Oil Company's shares in the Bina refinery project for about Rs 2,400 crore. BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which buil
Ruchi Soya posts Rs 227.44 cr profit in Dec qtr on stong branded biz sales. The net profit in the third quarter of this fiscal year is up by 50 per cent year-on-year if this exceptional gain is excluded
4G spectrum auction: Reliance Jio makes the highest earnest deposit. Airtel is right behind Jio in terms of deposit money, followed by Vodafone Idea (Vi) with the least submission
Max India reports consolidated net loss of Rs 13 cr in December quarter. The company had logged a net profit of Rs 347.22 crore a year ago
Life insurance industry net profit down 8.4 % to Rs 7,728.30 cr in FY20. The life insurance industry registered a decline of 8.4 per cent in net profit at Rs 7,728.30 crore in 2019-20, Irdai's annual report showed on Wednesday.
Vodafone Idea's 4G network speed fastest in October-December: Ookla. According to Ookla, this makes Vi the only telco deliÂvering fastest speed consistÂently over a six-month period on a pan-India basis
Ujjivan Financial Services reports Rs 491 cr loss in December quarter. Ujjivan Financial Services on Wednesday reported a consolidated loss of Rs 490.73 crore in the third quarter ended in December 2020.
Small towns outpace tier-1 cities for shopping as Covid pushes e-commerce. E-commerce grew by 36% and 30% YoY in terms of volume and value respectively in Oct-Dec 2020, according to a report by Unicommerce and Kearney
Challenges remain in India but recovery signs in away-from-home: Coca-Cola. The company has witnessed "solid growth" in sparkling soft drinks in the markets of China and India in the October-December quarter of 2020, The Coca-Cola Company said in its earnings statement
Tata Consultancy Services, Wockhardt lead UK's big Indian investment wins. Tata Consultancy Services (TCS) and pharmaceuticals and biotech major Wockhardt are among the big investment wins being celebrated in the UK
Tata Starbucks CEO Navin Gurnaney to step down; Sushant Dash to take over. Sushant Dash will take over as CEO from May 1, 2021, the company announced on Wednesday
Tata Consultancy Services to recruit 1,500 tech staff in UK next year. India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said it will recruit 1,500 technology employees across the UK over the next year
Profits, credit quality of firms in India recovering 6 months faster: S&P. Profits and credit quality of companies rated by S & P Global Ratings in India, China and Pacific are recovering about six months faster than the agency anticipated with reducing downside risk to ratings.Indonesian companies, on the other hand, are unlikel
Hiring continues to remain stable in Jan; agro, media lead the list: Report. The report indicates that job postings in some industries have improved, with some doing even better than the pre-Covid levels when compared to January 2020
Expect to meet Sitharaman on arbitration award next week, says Cairn CEO. Last month, the Edinburg-based firm had written to the govt saying it would be forced to seize Indian government assets if New Delhi fails to pay it .4 bn
Power Mech Projects secures four orders worth Rs 1,068 crore. Power Mech Projects on Wednesday said it has bagged four different orders worth Rs 1,068.36 crore. The company has received the Letters of Award for the works worth Rs 1,068.36 crore, a regulatory filing said. The first two orders are worth Rs 449 crore ea
TCS to hire 1,500 tech employees in the UK over the next one year. The announcement came after the Monday's meeting in Mumbai between visiting UK Trade Secretary Liz Truss and TCS CEO, Rajesh Gopinathan
Bank of India Q3 net profit jumps over five-fold to Rs 540.72 cr. The firm reported a more than five-fold jump in standalone net profit for the quarter ended in December
SpiceJet Q3 results: Net loss narrows to Rs 67 crore; revenue declines 53%. The total revenue from operations fell 53.7 per cent to Rs 1,691 crore from Rs 3,656 crore in the same period, a year earlier
GAIL India Q3 consolidated net falls 6.5% to Rs 1,897 cr on tepid gas biz. Lower profit due to decline in natural gas marketing business
Sharechat-owned video app Moj partners with Snap Inc for Snapchat lenses. Under the deal, Moj's team will access Snapchat's Lens Carousel directly inside the app when creating content; Moj will develop more than 400 lenses over multiple phases for its community
ABB India net profit slips 4% in Dec qtr, declares Rs 5/share dividend. ABB India on Wednesday reported over 4 per cent decline in its net profit to Rs 62 crore for December quarter
Ports bill to help develop faster decision-making process: Essar Ports. The Major Ports Authorities Bill passed by Parliament on Wednesday will help develop a faster and transparent decision making process, Essar Ports said
Sushant Dash elevated as Tata Starbucks' CEO, takes over on May 1. Incumbent Navin Gurnaney steps down; Dash will be fourth CEO to manage chain's India biz since it first launched in Oct 2012
Hindalco consolidated third quarter profit soars 77% to Rs 1,877 cr. The jump was mainly driven by strong performance by Novelis and India aluminium business
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