NSE share market NEWS tomorrow (10 February, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 February, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 February 2021
Iifl Holdings was amongst the top gainers, currently trading at 244.40 in NSE with 1.272 times change in volumes and 9.991% change in price. Other gainers included Muthoot Finance with 6.852% price change and 1.996 times volumes, Dixon Techno with 5.585% price change and 1.147 times volumes, Page Industries with 5.384% price change and 2.922 times volumes, and Max Financial with 5.264% price change and 3.424 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.
Multi Commodity was amongst the top losers, currently trading at 1495.80 in NSE with 2.718 times change in volumes and -3.556% change in price. Other losers included Cg Power with -3.518% price change and 0.453 times volumes, Max Healthcare with -3.149% price change and 0.573 times volumes, Indian Bank with -2.697% price change and 0.715 times volumes, and Indus Towers with -2.404% price change and 0.346 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.
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
OTT consumption grew 13% in 2020, led by sports: RedSeer Consulting. Net Promoter Score is a metric dependent on content library, quality of content, pricing and overall app/web experience offered
Top headlines: New rules on holding firms unclear, Ruia's EoI for Air India. From New Budget rules on holding firms queering the pitch for sovereign, pension funds to Pawan Ruia's EoI for Air India, Business Standard brings you the top headlines at this hour
Tata Steel Q3 results: Net profit at Rs 4,011 crore; revenue up 11.4%. Revenue from operations stood at Rs 39,594.09 crore in the period under review
IndiGo Airlines operator InterGloble settles row with Sebi, pays Rs 2.1 cr. The matter pertains to alleged violation of disclosure norms pertaining to related party transactions between the company and IGE Group, controlled by co-founder Rahul Bhatia
Dhanlaxmi Bank net profit plunges 44.5% to Rs 12 crore in December qtr. Dhanlaxmi Bank on Tuesday registered 44.5 per cent dip in net profit to Rs 11.81 crore in the third quarter ended December 2020 on muted retail business even as bad loan ratio declined.
Raymond third quarter profit declines 88.7% to Rs 22.18 crore. Raymond Ltd on Tuesday reported an 88.7 per cent plunge in its consolidated net profit to Rs 22.18 crore for the quarter ending December 2020. The company had posted a net profit of Rs 196.83 crore during the October-December period of the previous fiscal,
Virescent floats first solar InvIT, places 400 Mw assets under pvt trust. InvIT to hold nine solar energy projects of 400 MWp in five states; definitive agreements signed for 76 MWp
CenturyPly to pump in Rs 200 cr to expand MDF capacity; Q3 profit jumps. Century Plyboards India on Tuesday said it will pump in Rs 200 crore to expand the medium density fiber (MDF) board unit located at Hoshiarpur in Punjab
SAIL spend on mines infructuous; laxity high in safety measures: CAG report. State-owned firm neither applied technical due diligence nor did techno-commercial study to assess viability before allotment of its two captive coal blocks, says report
Cairn Energy CEO Thomson to meet FM next week over arbitration award. Decision comes in the wake of Indian govt's plan to appeal against the award that went against it
InterGlobe Aviation settles case with Sebi amid promoters' feud. InterGlobe Aviation is the parent of the country's largest airline IndiGo
Future Retail Q3 loss at Rs 846.92 cr, revenue down 71% to Rs 1,506.87 cr. Business operations were continued to be impacted by the pandemic during the quarter
Tata Steel consol Q3 PAT at Rs 3,698 cr vs Rs 1,029 cr loss a year ago. Higher revenue, lower expenses push up bottomline which was ahead of estimates
PE firm Advent pares holding in CG Consumer, sold 6% stake in two tranches. Raises Rs 1,492 crore from deal; Societe Generale picks up 0.62% for Rs 153 crore, identity of other buyers not known
IndiGo appoints Jiten Chopra as CFO after Aditya Pande resigns. Jiten Chopra joined IndiGo in February 2020 as head of governance, risk and compliance
Alphabet's VC arm backs OnePlus co-founder Carl Pei's 'Nothing' company. The funding would help 'Nothing' to release its first smart devices in the coming months.
Coffee Day Enterprises net loss narrows to Rs 97.11 cr in Dec quarter. The company had posted a net loss of Rs 184.94 crore in the October-December period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing
Jio, Airtel, Vodafone Idea apply for participating in spectrum auction. Vodafone Idea needs to renew 6.2 MHz of spectrum in the 900 MHz band and 38.2 MHz in the 1800 MHz band
Iron Pillar leads mn funding round in no-code automation company Ushur. Ushur uses natural-language processing and no-code automation to deliver 'digital first' customer experience solutions for industries like insurance, finance and healthcare
Airtel, Jio, Vodafone Idea queue up to participate in 4G spectrum auction. However, the reservation was more on the high price of 5G spectrum, which hasn't made the cut in the upcoming tender
Amazon-Mukesh Ambani spat tests India's allure for foreign investors. The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India
Bath fittings firm Watertec to set up plants in Gujarat, Odisha, Tamil Nadu. On the way forward, the company is targeting around Rs 1,400 crore in revenue, including 10 per cent from exports, by 2023-24. This translates to around 30 per cent growth
Hinduja Global Solutions Q3 net profit up nearly 6% to Rs 75.1 crore. CES got a boost from recent client wins and the festive season, the healthcare business saw its growth driven by a strong Open Enrolment season across the US, Jamaica
HDFC Bank invites applications from entrepreneurs for SmartUp grants. The bank will be focusing on start-ups in the education (edtech) and skill development sector this year for the grant
Incorporation of companies up 20% in FY21 despite pandemic: MCA. The number of new companies formed in the current financial year rose despite the pandemic
Kotak raises 0 mn in eleventh realty fund, total mop-up crosses .2 bn. Latest fund set up as AIF, will target early-stage and late-stage projects in residential, commercial, retail, warehousing and hospitality sectors
Alembic's affiliate Rhizen bags US regulator nod for oral cancer drug. Company says a critical cancer inhibiting component in the formulation is the first new chemical entity discovered by Indian scientists to secure US FDA nod
Central Bank of India third quarter net profit up 6.5% at Rs 165 crore. The firm reported a 6.5 per cent rise in its net profit to Rs 165.41 crore in the third quarter ended December
Indian Overseas Bank Q3 profit at Rs 213 cr vs Rs 6,075 cr year-ago loss. Lender has said that it plans to come out of Prompt Corrective Action by focusing on recovery, low cost deposits and less capital consuming advances
Sun TV to invest Rs 500 cr in OTT and movies, strengthen regional channels. Rs 250 crore will be spent on its Sun NXT initiative, sizeable investments would go toward Bengali and Marathi, which are potentially larger markets than Malayalam
Max Financial net profit jumps 54% to Rs 227 cr in December quarter. Max Financial Services Ltd reported 54 per cent jump in its consolidated net profit to Rs 227 crore in the third quarter ended December 2020
Why Amazon is feuding with a partner and billionaire Mukesh Ambani. Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men
Adani Ports & SEZ Q3 consolidated profit up 16% to Rs 1,576 crore. Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 16.22 per cent increase in its consolidated profit to Rs 1,576.53 crore for the third quarter
Housing.com partners startup Propdial to boost rental services business. Realty portal Housing.com on Tuesday said it has tied up with Gurugram-based property and rental management technology firm Propdial
PE firm TIW invests close to mn in Mahesh Bhupathi's Scentials. TIW Private Equity (TIW PE) on Tuesday said it has invested close to million (about Rs 43.7 crore) in Scentials Beauty Care and Wellness
GAIL acquires 5% stake in IGX to become third strategic investor. Buys stake from Indian Energy Exchange (IEX)
Muthoot Finance Q3 profit up 17% to Rs 1,006 cr, revenue rises 16%. Consolidated loan assets of the group grew 28% to Rs 55,800 cr during nine months of 2020-21
BPCL third quarter net profit more than doubles on inventory gains. Bharat Petroleum Corporation Ltd (BPCL) on Tuesday reported more than doubling of its net profit for the December quarter
State-owned GAIL acquires IEX's 5% stake in Indian Gas Exchange. The Indian Energy Exchange (IEX) on Tuesday said GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX)
Indian Bank posts net profit of Rs 213 crore in December quarter. The firm posted a net profit of Rs 212.87 crore for the quarter ending December 2020 as provisions for bad loans declined
iPhone maker Wistron to restart operations at Karnataka plant, says Apple. Taiwanese major to however remain on probation by Apple
Top headlines: Setback for Amazon, India to appeal against Cairn verdict. On Monday, the central bank said it would buy bonds worth Rs 20,000 crore from the secondary markets on Wednesday. Read top news with Business Standard here
January air traffic growth slows down to 3.5% sequentially: Icra. DGCA yet to release traffic data; in December domestic airlines flew 7.3 mn passengers with month-on-month growth of 15%
Life insurers' new business premiums up 3.7% in Jan after two slump months. This is despite state-owned insurance behemoth LIC reporting a 2% decline in NBP in the same period to Rs 13,143.64 crore
Essar Shipping third quarter net loss widens to Rs 182 crore. Essar Shipping on Monday said its consolidated net loss widened to Rs 181.88 crore in the third quarter ended December 2020
BPCL Q3 profit falls 7.3% to Rs 1,901 cr; announces interim dividend. The revenue from operations rose marginally year-on-year at Rs 87,292.62 crore
InMobi's revenue grew 12% to Rs 432 crore, losses up 41% to Rs 77 crore. The company's total expenses for the fiscal were reported as Rs 508 crore.
AstraZeneca Pharma India Q3 net profit declines 21% at Rs 21 crore. Drug firmAstraZeneca Pharma India on Monday reported a 21 per cent decline in net profit at Rs 21.05 crore for the quarter ended in December
GE Power India reports 65% dip in Q3 consolidated net profit at Rs 35 cr. GE Power India on Monday reported 65 per cent decline in consolidated net profit at Rs 35.09 crore for December quarter 2020-21.
Watchmaker Titan expands portfolio, launches fitness gear brand TraQ. Country's largest watchmaker Titan has expanded its portfolio within the wearable category by launching its new smart fitness gear brand TraQ
EID Parry reports Rs 339 crore Q3 standalone profit vs loss a year ago. Standalone revenue flat at Rs 439 cr, consolidated up 15%
BPCL Q3 conolidated net dips 7.4% to Rs 1,901 cr, revenue up 1.8%. Board declares 160 per cent interim dividend
Defence ministry, BEL ink pact to procure ship-borne modern radio system. The deal is worth over Rs 1,000 crore
Setback for Amazon as HC lifts status quo on .4 bn Future-Reliance deal. Court notes that Future Retail wasn't party to arbitration agreement with Amazon and prima facie "group of companies" doctrine can't be invoked in this case
PE firm Advent International acquires 51% stake in ZCL Chemicals. ZCL is one of the fastest-growing manufacturers of specialty active pharmaceutical ingredients (APIs) and advanced intermediates
NMDC consolidated net profit jumps 53% to Rs 2,108 crore in Dec quarter. The company had posted a net profit of Rs 1,375 crore during the same quarter a year ago, NMDC said in a BSE filing
Expansion remains priority, await direction from SC on Fortis plea: IHH. The group had acquired a 31 per cent controlling stake in Fortis in 2018, which triggered a mandatory open offer to acquire another 26 per cent of Fortis shares from the market
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