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NSE share market NEWS tomorrow (08 February, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 February, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 February 2021

Ncc was amongst the top gainers, currently trading at 99.55 in NSE with 1.907 times change in volumes and 19.868% change in price. Other gainers included Container Corporation with 7.626% price change and 1.776 times volumes, Odisha Cement with 7.467% price change and 1.63 times volumes, Mahindra Mahindra with 7.267% price change and 1.352 times volumes, and Hindalco Industries with 6.449% price change and 2.147 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.

Bharat Heavy was amongst the top losers, currently trading at 39.85 in NSE with 0.78 times change in volumes and -8.496% change in price. Other losers included Indus Towers with -5.55% price change and 0.903 times volumes, Punjab National with -5.355% price change and 0.633 times volumes, Idea Cellular with -2.5% price change and 0.921 times volumes, and Union Bank with -2.299% price change and 0.38 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.

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

ReNew Power prices its green bonds at 4 per cent, say sources. The company raised the bonds through an orphan special purpose vehicle route, in which a foreign portfolio investor raised the bonds to invest in rupee equivalent bonds by ReNew Power

Samsung India FY20 profit increases 88% to 2,902 cr; revenue up 7.6%. Samsung India had posted a net profit of Rs 1,540.10 crore in the financial year 2018-19

HCL Tech announces one-time special bonus worth Rs 650 cr for employees. Th company had crossed the billion mark in calendar year 2020, delivering a year-on-year growth of 3.6%

Siemens ties up with IISc, CMTI to set up digital transformation labs. Siemens on Monday said it has signed pacts with Indian Institute of Science (IISc) and Central Manufacturing Technology Institute (CMTI) to set up digital transformation labs

Alembic Pharma gets five observations from USFDA for Gujarat facility. Alembic Pharmaceuticals on Monday said the US health regulator has made five observations after inspection at its facility at Karkhadi, Gujarat. "The United States Food and Drug Administration (USFDA) has conducted an inspection at Alembic Pharmaceuticals'

Jindal Stainless chalks out Rs 2,000-3,000 cr capex plan for next 2-3 yrs. Currently, Jindal Stainless' Odisha plant has a capacity of 1.1 million tonnes, while its Hisar plant is a 0.8 million tonne specialised product division

Edtech startup Newton School raises million Series A round of financing. City-based ed-tech startup, Newton School, has raised USD five million Series A round of financing, led by RTP Global. The funding round saw participation from existing investors Nexus Venture Partners, Prophetic Ventures and Unacademy co-founders Gaura

Meat brand TenderCuts raises mn from Paragon Partners, Nabard VC. TenderCuts claims it is the only branded company to offer fresh meat to consumers either at the store or at the doorstep, within two hours of the first cut

Skyroot, Bellatrix signs MoU to use latter's orbital transfer vehicle. In simple terms, an Orbital Transfer Vehicle is like a taxi in space that takes satellites to their operational orbits

Unicorn VerSe Innovation raises another 0 mn from global investors. The DailyHunt and Josh parent is now valued at .1 billion

Astrazeneca gets nod to use ant-diabetes drug for kidney disease in India. The firm said it has received marketing authorisation to use its anti-diabetic drug dapagliflozin for the treatment of patients with chronic kidney disease

Securitisation recovers in Q3, up 61% at Rs 24,400 cr for shadow banks. Rating agency Icra estimates annual for FY21 securitisation at Rs 80,000-90,000 crore

Paytm's Vijay Shekhar, Innov8 CEO invest in startup Supersourcing. Paytm founder Vijay Shekhar Sharma and co-working space provider Innov8 CEO Ritesh Malik have invested in eight-month-old company Supersourcing

Advent to buy controlling stake in ZCL at enterprise value of Rs 1,700 cr. Advent is a private equity fund

Sun TV profit up 18% at Rs 442 cr, revenues rise by 19% in Dec quarter. The Sun TV stock ended 0.71 per cent down, at Rs 549 per share, on BSE on February 8

Aditya Birla Fashion and Retail posts Q3 net profit of Rs 58.55 crore. The firm on Monday reported a consolidated net profit of Rs 58.55 crore for the quarter ended December

Torrent Pharma Q3 net up by 18% to Rs 297 cr even as US revenues dip. India revenues grew 7% to stand at Rs 930 cr. Company's consolidated total revenue from operations fell marginally by under 1% to Rs 2,003 cr in Q3FY21

State-run ONGC to usher in India's first geothermal energy in Ladakh. The firm said it will implement India's maiden geothermal field development project in Ladakh that will use the heat generated by the Earth's core to generate clean energy

Torrent Pharma third quarter net profit up 18% at Rs 297 crore. The firm reported an 18.32 per cent rise in its consolidated net profit to Rs 297 crore for the quarter ended in December.

Paytm eyes Rs 3,000 cr enterprise bill payment transactions by FY21-end. Paytm on Monday announced that its Enterprise Bill Payment System (EBPS), a part of Paytm Payouts, is expected to cross Rs 3,000 crore in transactions by FY21-end

HOEC reports steep 84% decline in consolidated net profit to Rs 8.4 cr. Total income down 45 per cent to Rs 30.51 cr, firm says it has got permission to continue production in PY1 block till April 4

HC stays single judge order for status quo in Future, Reliance deal. The court also issued notice to Amazon and sought its stand on FRL's appeal by February 26

HCL Tech's one-time Rs 700 cr bonus for staff on crossing bn revenue. Applies to employees who have spent a year with HCL; a large number of visas unused due to Covid

SoftBank-backed Grofers' revenue doubles to Rs 177 cr, loss widens by 42%. The company's total expenses for the fiscal were reported as Rs 814 crore

Govt set to divest stake in defence PSUs Garden Reach, Mishra Dhatu. The government has already invited preliminary bids to sell its 26 per cent stake in BEML along with transfer of management control

Vodafone tax case: India moves Singapore HC against arbitration panel order. The govt has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone

NMDC Q3 results: Net profit soars 53.4% YoY to Rs 2,108 crore. The revenue from operations rose 44.8 per cent to Rs 4,355.10 crore in the December quarter

Adani completes purchase of 23.5% stake in Mumbai International Airport. The deal marks a culmination of Adani Group's two-year quest to acquire a stake and gain control of the Mumbai airport.

AstraZeneca's Covid-19 vaccine shows less effect against S Africa variant. Company has started adapting vaccine against variant, shot may be ready by autumn this year

PhonePe retains top position with 42% UPI market share in January. In January, on a month-on-month (MoM) basis, PhonePe saw its transactions go up by a little over 7 per cent and their value nearly 5 per cent

Reliance buys two-thirds of own gas from KG-D6; GAIL, Shell among buyers. Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes, sources said.

Jubilant FoodWorks awaiting relaxations in dine-in curbs to ramp up growth. Jubilant FoodWorks is awaiting relaxations in dine-in restrictions imposed by the government for the restaurant industry similar to that for multiplexes to ramp up growth.

Godrej Properties expects Q4 FY21 to be 'blockbuster' in launches, sales. Godrej Properties will launch 12 housing projects during this quarter to expand business as it targets to clock record sales bookings this fiscal year

DTH industry remains attractive in mid to long term, says Airtel CEO. DTH market proposition continues to be "attractive" in the medium to long run, Bharti Airtel CEO Gopal Vittal said

ITC plans digital switch by crowd-sourcing systems, setting up core group. The core council, called DigiNext, will be led by chairman Sanjiv Puri to ideate and sponsor high impact digital interventions and harness synergies

Octro expands business overseas, says ban on game helping foreign firms. Online gaming company Octro has started expanding its business overseas after traction in its casino and card games, namely PlayRummy and Teen Patti, according to a senior company official. The firm's Chief Marketing Officer Manav Sethi said the move of so

34 aerospace, defence firms plan to invest nearly Rs 2,500 cr in Karnataka. As many as 34 aerospace and defence firms have shown interest in investing in Karnataka to spur aviation business in the southern state, an official said on Sunday.

INOXAP bags contract for setting up ASU unit at AM/NS India's Hazira plant. Inox Air Products (INOXAP) said that the installation of the fifth ASU at Hazira will give shape to India's largest single operator onsite industrial gas complex on a build-own-operate (BOO) basis,

Edelweiss Wealth Management to raise Rs 1,000 cr for equity-focused AIF. Edelweiss Wealth Management is targeting to raise Rs 1,000 crore from domestic investors for its maiden equity-focused alternate investment fund (AIF)

Lithuania a gateway for Indian firms to expand presence in Europe: Envoy. Lithuania is looking to broad-base ties with India in emerging high-growth areas like fintech, life sciences, digital technology and pharmaceuticals

Sushil Kumar Gupta resigns as chairman, managing director of Asian Hotels. His resignation has been accepted by the board of directors of the company, the company said

India's internet startups on cusp of IPO, combined value at 0 bn: Report. India's internet startups leaders that operate business ranging from food delivery to e-commerce are now on the cusp of listing, a report said putting their combined value at 0 billion by 2025

PNB receives loan rejig requests of only Rs 12,000 crore, says PNB MD. Restructuring sought for corporate loans has been worth Rs 9,000 crore

JK Cement third quarter net profit soars 74.8% to Rs 217 crore. The firm reported the jump in profit for the third quarter ended December 2020

Consolidation in public sector oil firms may be back on table in FY22. The government may again revive the plan for further consolidation in the public sector oil companies

Engineering firm BHEL reports a loss of Rs 217 crore for Dec quarter. The state-run firm was hurt by lower revenues

PNB net profit declines 18% QoQ to Rs 506 crore in December quarter. The bank's gross non-performing assets ratio dropped by 44 basis points to 12.99 per cent from 13.43 per cent as of September

State Bank of India shares jump 11% as Street lauds Q3 performance. The stock ended at a new lifetime high of Rs 393 after soaring to Rs 408 in intra-day trade.

Alliance Air to induct Made-in-India Dornier planes for North East routes. First Indian airlines to operate these planes, signs MoU Hindustan Aeronautics to dry lease the 19-seater aircraft

Vested Finance raises .6 million funding from Moving Capital, others. Ovo Fund and TenOneTen Ventures in the US also took part in the funding round

PNB Q3 results: Net profit at Rs 506 crore, NII at Rs 8,313 crore. The bank's gross non-performing assets (NPAs) reduced to 12.99 per cent for the quarter ended December 2020

Domestic drug market growth slows top 4.5% in January, some therapies drag. Respiratory segment and anti-infectives contract; Cardiac, anti-diabetic growth rates plummet

Britannia Industries Q3 results: Net profit rises 22.4% YoY to Rs 452 cr. The company's revenue from operations rose 6.1 per cent year-on-year to Rs 3,165 crore

Zomato inks pact with MoHUA to onboard 300 street vendors. Zomato on Friday said it has signed an agreement with the Ministry of Housing and Urban Affairs (MoHUA) to onboard 300 food street vendors on its platform

O2Cure enters strategic collaboration with actor-entrepreneur Suniel Shetty. Bollywood actor and entrepreneur Suniel Shetty has entered into a strategic collaboration with air purification solutions provider O2Cure. The company plans to introduce their air purification product line to the Indian markets, a statement said. O2Cure, a

Strong performance by Jio, Bharti to buoy telecom growth for FY21: Fitch. The Indian telecom industry's mobile segment is expected to log EBITDA growth of at least 40 per cent in the current fiscal year, higher than 25 per cent in 2019-20

Zomato partners with govt for street food project, ropes in 300 vendors. With this, these street vendors would be able to serve customers within the safety of their own homes, service a much larger user base with Zomato's technology and last-mile delivery

Aditya Birla Capital posts highest ever consolidated net at Rs 289 cr. Aditya Birla Capital Ltd (ABCL) on Friday posted a 15 per cent jump in consolidated net profit to Rs 289 crore for the quarter ended December 2020, the highest ever consolidated quarterly profit.

Mahindra's Q3 net zooms 40% on robust tractor sales, cost control. Impairment booked on account of Ssangyong dented net profit

Dalmia Bharat Sugar sees 39% rise in profir at Rs 37 cr for Dec quarter. Dalmia Bharat Sugar and Industries on Friday reported a 39 per cent rise in consolidated net profit at Rs 37.10 crore for the quarter ended December on higher income.

GlaxoSmithKline Pharmaceuticals reports net profit of Rs 157 cr in Q3. GlaxoSmithKline Pharmaceuticals on Friday said it has registered a consolidated net profit of Rs 156.51 crore for the third quarter ended December

Parag Milk Foods third quarter net profit dips 59% to Rs 11.21 crore. Dairy company Parag Milk Foods on Friday reported a 59.35 per cent decline in net profit to Rs 11.21 crore for the third quarter ended December 2020

Holistic plan needed to spur domestic funding for startups: Nasscom. Startup ecosystem will fuel innovation for India and help create sustainable jobs, and a holistic plan needs to be worked out to spur domestic funding for startups, a top Nasscom official

Britannia net profit up 22% at Rs 453 cr, revenue rises 6% in Dec quarter. General trade, its largest channel, continues to grow at a healthy pace on the back of buoyancy in rural economy and urban recovery; challenges persist in other channels

Committed to helping FRL, don't want the company to go down: Amazon lawyer. Earlier, Future Retail Limited lawyer had argued that the retail firm may go bust and thousands may lose jobs if the Future-Reliance deal does not go through

Real estate players rejoice as Delhi govt cuts circle rates by 20%. Real estate developers and industry stakeholders welcomed the Aam Aadmi Party-led government's move.

Real estate players rejoice as Delhi govt cuts circle rates by 20%. Real estate developers and industry stakeholders welcomed the Aam Aadmi Party-led government's move.

Fortis Healthcare posts Rs 53.88 cr net profit for December quarter. Fortis Healthcare on Friday reported a consolidated net profit of Rs 53.88 crore for Dec quarter, mainly on account of robust performance of its diagnostics segment and reduction in expenses

MakeMyTrip raises 0 mn through a zero per cent interest coupon bond. MMT intends to use the net proceeds for working capital and other general corporate purposes.

PNB reports net profit of Rs 506 cr in Dec quarter; bad loans down. Total income in the quarter under review rose to Rs 23,298.53 crore as against Rs 15,967.49 crore earlier, PNB said in a regulatory filing

Top headlines: BSE firms' m-cap tops Rs 200 trn, RBI's plan to revive PMC. Walmart-owned digital payments firm PhonePe has distributed ESOPs (employee stock ownership plans) worth 0 million among its 2,200 employees. Read top news with Business Standard

Samsung considers Austin for bn chip plant, eyes tax breaks: Report. The tech giant is seeking combined tax abatements of 5.5 million over 20 years from Travis County and the city of Austin, among other tax breaks, according to the documents

PayPal to shut shop in India from April 1, focus on global customers. PayPal was a payments options on many Indian online apps such as travel and ticketing service MakeMy Trip, online film booking app BookMyShow and food delivery app Swiggy

Seeing positive signs, but aviation still in eye of storm: Airbus India. Indian airlines are currently carrying 60 per cent of the total pre-Covid domestic passengers and this is better than most countries in the world

Suzlon December quarter loss narrows to Rs 118 crore on higher revenues. Total income from operations rose to Rs 959.52 crore in the quarter under review, from Rs 672.99 crore in the same period a year ago

Q3 results: Hero MotoCorp consolidated profit up 14% at Rs 1,029 crore. The company had reported a net profit of Rs 905.13 crore in the October-December period of the previous fiscal

Sanofi posts stronger-than-expected result in Q4, eyes more cost cuts. The French company, which stunned investors last year with the delay of a COVID-19 vaccine candidate, confirmed an operating income margin target of 30%

Rise in onshore hiring, Covid-19 may reduce visa demand in tier-I IT firms. Last year, Infosys revealed plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the US to 25,000 over five years

Mahindra & Mahindra Q3 net profit up 42% at Rs 1,268 cr; revenue grows 11%. The company's reported Ebitda came in at Rs 3,520.4 crore for the quarter under review

Tata Boeing Aerospace to make 737 Vertical Fin Structures in Hyderabad. Boeing on Friday announced the addition of a new production line at its joint venture Tata Boeing Aerospace Limited (TBAL)

Strong performance by Jio, Bharti to buoy telecom industry for FY21: Fitch. The Indian telecom industry's mobile segment is expected to log EBITDA growth of at least 40 per cent in the current fiscal year, higher than 25 per cent in 2019-20

Tech Mahindra brings back Milind Kulkarni as CFO effective April 2. This will be Kulkarni's second stint as CFO, a position he held for five years from 2013-2018. He succeeds Manoj Bhat, who takes over as Group CFO

Nayara Energy's India fuel retail outlets triple in 5 years to reach 6,000. Company aims to have 7,400 petrol pumps by 2024-end

Zydus Cadila's Q3 net up 41% to Rs 527 cr on strong India biz growth. US formulations business dips 4% with revenues at Rs 1,603 cr, Q3 sees Zydus file 10 additional ANDAs with US FDA, taking total filings to 410

Sundaram Finance Q3 profit up 45% to Rs 242 cr, disbursements up 8%. Assets under Management stood at Rs 31,226 crore as on December 31, 2020 compared to Rs 30,502 crore a year ago

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