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NSE share market NEWS tomorrow (03 November, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (03 November, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 November 2020

Amber Enterprises was amongst the top gainers, currently trading at 2263.95 in NSE with 3.517 times change in volumes and 7.766% change in price. Other gainers included Icici Bank with 6.324% price change and 0.85 times volumes, Jindal Steel with 5.687% price change and 1.366 times volumes, Hindalco Industries with 5.271% price change and 2.031 times volumes, and Hindustan Zinc with 4.681% price change and 1.745 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.

Godrej Properties was amongst the top losers, currently trading at 1036.60 in NSE with 0.844 times change in volumes and -9.21% change in price. Other losers included Upl with -6.355% price change and 1.594 times volumes, Suzlon Energy with -4.286% price change and 10.503 times volumes, Muthoot Finance with -3.865% price change and 2.456 times volumes, and Ntpc with -3.643% price change and 3.701 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.

Bandhan Bank Q2 net profit falls 5% to Rs 920 crore; NII rises 26%. Asset quality of the lender has improved both sequentially and year-on-year.

Sun Pharma's Q2 net profit rises 70% on one-time tax credit. Revenues remain flat, sequential improvement in India and US revenues

Businesses that add value will keep attracting investor interest: Mariwala. 'Me-too businesses' in the retail space will "flail" in the current market scenario, while others that add value will continue to attract investor interest, industry veteran Harsh Mariwala has said

Dabur India Q2 net up 20% to Rs 483 cr despite sharp rise in tax outgo. Domestic sales drive the numbers as operating revenue grows 14%

Future Retail files caveat before Delhi HC against any early move by Amazon. Anticipating a move by Amazon, which had got an interim arbitration award in its favour, putting the announced deal on hold, the Future Group firm has moved the Delhi High Court

Adani Group frontrunner for developing Sri Lanka's port terminal: Report. Adani Ports and Special Economic Zone and a local partner received an in-principle approval to sign a deal with Sri Lanka Ports Authority, which will hold majority stake in the project

Godrej Properties Q2 net drops 80% to Rs 7.1 crore on Covid-19 impact. The company's total income fell 37 per cent at Rs 250.23 crore in Q2FY21 from Rs 395.11 crore a year ago

Steel makers raise prices by about Rs 1,000 a tonne on demand uptick. Prices are now closer to peak levels of 2018

Bankrupt, grounded Jet Airways is world's best performing airline stock. Stock in Mumbai-listed Jet Airways has surged almost 150 per cent this year versus a 42 per cent plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe's biggest carriers

SBI to report Q2 result on Wednesday; here's what leading brokerages expect. Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts

Saudi Aramco's third-quarter profit falls 44.6% to 44.21 billion riyals. DUBAI (Reuters) - Saudi Arabian state oil group Aramco on Tuesday reported a 44.6% drop in third-quarter net profit, in line with analysts' estimates, dented by lower crude oil prices and volumes sold as the coronavirus crisis choked demand.

Franklin Templeton Mutual Fund's six shut schemes generate Rs 438 crore. Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 438 crore from maturities, pre-payments and coupon payments in the second half of October

India's GSPL says new pipeline to boost FY22 gas supply by a quarter. Gas transmission by India's Gujarat State Petronet Ltd will rise by about a quarter in the next fiscal year starting from April as it links northern regions to an existing grid in the western state

Apple TV, other streaming apps arriving on new Xbox consoles on November 10. Microsoft has announced that Apple TV is coming to Xbox One and Xbox Series X and Xbox Series S gaming consoles on November 10

TikTok announces a new licensing deal with Sony Music Entertainment. Chinese short-video making app TikTok has announced a new licensing agreement with Sony Music Entertainment

US elections: Tech firms couldn't stop misinformation, voter intimidation. The impacts of these efforts by the technology firms have been muted, in part due to the prevalence of social bots that spread low-credibility information virally across these platforms.

US elections: Tech firms couldn't stop misinformation, voter intimidation. The impacts of these efforts by the technology firms have been muted, in part due to the prevalence of social bots that spread low-credibility information virally across these platforms.

Ambani vs Bezos: A .4 bn battle for a pole position in Indian market. By seeking to stall Ambani's purchase of Future, Bezos may be signaling that he would rather remain a rival

Unilever says UK High court approved cross-border merger between entities. Unilever's cross-border merger between its Dutch and British corporate entities has been approved by the UK High Court, the company said

Aspen Pharmacare, Johnson & Johnson announce deal to make Covid-19 vaccine. South African pharmaceutical firm Aspen Pharmacare has announced a deal with U.S. firm Johnson & Johnson to manufacture its COVID-19 vaccine candidate, if it is approved in South Africa and internationally. In a statement issued on Monday, Aspen said that

Muthoot Finance net profit rises 2.5% to Rs 931 cr in September quarter. The company had posted a net profit of Rs 908.54 crore in the same quarter of previous fiscal year

Cholamandalam Financial Holdings Q2 net jumps 56% to Rs 506 crore. Cholamandalam Financial Holdings Ltd on Tuesday reported a 55.5 per cent jump in its consolidated net profit to Rs 505.55 crore for the second quarter of the current fiscal

Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha. Walmart-owned company sees strong trend of casual gamers going on to become early shoppers

Kansai Nerolac's net profit falls 11.5% to Rs 168 crore in Sept quarter. Kansai Nerolac on Tuesday reported an 11.56 per cent fall in consolidated net profit at Rs 167.96 crore for the quarter ended September 30

Adani to own 1st coal mine in India, bids inch up on Day 2 of auctions. Places highest closing bid for Dhirauli mine in MP, edging out the only other bidder Hindalco Industries; The only other mine it owns is Carmichael in Australia

Eris Lifesciences' Q2 net rises 16%, consolidated income grows 14.5%. Eris continued to demonstrate strong focus on its top 15 power brands

Mercedes starts local assembly of AMG models to make them affordable. As compared to a fully imported model, the local production makes the model cheaper by Rs 25 lakh

Indian economy set to bounce back, emerge stronger from Covid crisis: Ficci. Ficci President Sangita Reddy said it was time to take bold actions and push the growth agenda vigorously

Will be back to pre-Covid levels by January-March quarter: Quess Corp. Headcount fell for the third-straight quarter to 3,25,000, down 3 per cent on a sequential basis. The firm expects to arrest the fall in the ongoing quarter

HDFC net profit dips to Rs 2,870 cr in Q2, net interest income rises 21%. The Assets Under Management (AUM) rose 10.2 per cent to Rs 5,40,270 crore in Q2FY20 from Rs 4,90,072 crore in the previous year

India home healthcare industry to hit -13 billion by 2025: Report. The home healthcare industry in India is expected to continue growing at 15-19 per cent a year to touch -13 billion by 2025 from .4 billion currently, a Redseer Consulting report said on Monday

Zydus Cadila Q2 net up four-fold on surge in US sales, strong show at home. Firm prunes net debt by 40% since March 2020; consolidated income up 13%

Revival in economic activity, infra and rural demand pushes CV sales. Faster recovery seen with festive season ahead, though overall sales are likely to be lower, as Q1 was completely washed out

Escorts posts over two-fold jump in Q2 net profit at Rs 227 crore. Farm equipment and engineering major Escorts on Monday reported over two-fold jump in consolidated net profit at Rs 227.22 crore for the second quarter ended September 30

NTPC board okays buyback of 197.8 million equity shares worth Rs 2,275 cr. The company has fixed November 13, 2020 as the record date for the purpose of ascertaining the eligibility of shareholders for buyback of equity shares

Telecom sector Q2 revenue growth at 5% on easing of lockdown curbs: Report. Telecom sector's revenue growth picked up to about 5 per cent in the September quarter against 1 per cent in the June quarter after relaxation of lockdown curbs, according to a latest report

HDFC Q2 consolidated net profit declines 57.5% to Rs 4,600 crore. Mortgage lender HDFC Ltd on Monday said its consolidated net profit declined by 57.5 per cent to Rs 4,600 crore in the July-September quarter of 2020-21

US funds lower valuation of Indian unicorns Paytm, Ola due to Covid: Report. The funds, T Rowe Price and Vanguard, hold about 1% in both companies; while Paytm's valuation has taken a 26% hit, Ola's has suffered a 50% drop

DLF rental arm's REIT issue size may be far bigger than previous issues. DLF arm's REIT could come out in 12-15 months, DLF director Ashok Tyagi said in a conference call last week

HDFC Q2 net profit tanks 28% YoY to Rs 2,870 crore, beats Street estimates. The numbers beat profit estimate, cheering investors. The stock soared to day's high of Rs 2,043 apiece on the BSE, up 6.2 per cent, as against 0.65 per cent rise in the benchmark S&P BSE Sensex

BMW drives in its mid-sized X3 M SAV in India priced at Rs 99.9 lakh. German luxury carmaker BMW on Monday said it has launched mid-sized sports activity vehicle (SAV) X3 M in India priced at Rs 99.9 lakh (ex-showroom). The model is designed to offer standout performance characteristics, personified with squarely geared feat

PhonePe hits 250 mn-user mark, registers 925 mn transactions in October. Flipkart-owned fintech platform PhonePe said it has crossed the 250 million-registered users milestone

TVS Motor sales grow 24% in October 2020, two-wheeler sales up by 19% YoY. Motorcycles sales grew by 38 per cent to 173,263 units in October 2020 from 125,660 units in October 2019

Samsung to unveil Exynos 1080 on Nov 12; first chipset based on 5nm process. Samsung is planning to unveil Exynos 1080 -- its first chipset based on the 5nm process -- on November 12

Bengaluru based Manipal Hospitals to acquire Columbia Asia for Rs 2000 cr. The deal may mark the exit of US based hospital chain from India

Ashok Leyland commercial vehicle sales rise 1% in October to 9,989 units. Hinduja flagship firm Ashok Leyland reported 1% increase in total commercial vehicle sales to 9,989 units in October

After 26 yrs as HDFC Bank boss, Aditya Puri joins Carlyle as senior advisor. Puri, who retired from HDFC recently will provide the global investment firm guidance on investment opportunities across Asia

HDFC Q2 PAT may dip up to 50% YoY, lower loan restructuring seen: Analysts. Absence of significant profit on investments, and low dividend income of Rs 320 crore YoY could optically make HDFC's pre-provisioning profit look modest, analysts say

Nokia Mobiles Global VP Ajey Mehta quits to start own venture in healthcare. Mehta was also responsible for overseeing Nokia Mobiles' business in India

Corporate bond issuances to rise marginally to Rs 8 trillion FY21: ICRA. Fresh corporate bond issuances will cross Rs 8 lakh crore in FY21 as against Rs 6.55 lakh crore last fiscal, a report said on Monday. With estimated redemption of Rs 4.95 lakh crore in FY21, the volume of corporate bonds outstanding will rise by over 9 per

IndiGo, Stemz Healthcare to offer pre-flight RT-PCR test to passengers. To book a test, passengers can take appointments online on IndiGo website through a co-branded URL page based on their travel date, the release noted

NFL's sulphur-based fertiliser sale jumps 2-folds in April-October. State-run National Fertilizers Ltd (NFL) on Monday said the sale of sulphur-based fertiliser rose more than two-folds to 26,456 tonne during April-October in this fiscal.

RIL shareholders lose Rs 1.2 trillion as Q2 earnings weigh on stock. Ambani slips four places on global rich list

Shriram City Union Finance reports Q2 net profit down 10% at Rs 275 cr. Shriram City Union Finance on Monday reported a nearly 10 per cent fall in consolidated net profit at Rs 275.46 crore for the quarter ended September. The non-banking finance company had posted a net profit of Rs 304.94 crore in the same period a year ago.

VIL falling behind over subscriber churn, low network investment: Analysts. Vodafone Idea (VIL) has estimated statutory dues liability of Rs 65,440 crore

WF Asian sells Fortis Healthcare shares worth over Rs 50 crore. WF Asian Smaller Companies Fund Ltd on Monday sold shares of Fortis Healthcare Ltd worth over Rs 50 crore through an open market transaction.

Renewable Energy Development eyes Rs 2,406 crore revenue in FY21. State-owned Indian Renewable Energy Development Agency Ltd (IREDA) is eyeing Rs 2,406 crore revenue in the current financial year.

BPCL eyes doubling bunkering sales volume to 14 tmt with terminal upgrade. The country's second largest oil marketing firm Bharat Petroleum has upgraded its bunkering facility with five jetties that can now pump the oil into ships from the pipelines at the Marine Oil Terminal on the Butcher Island, off the east coast of the city.

Bike buyers upgrade to pricier variants amid economic uncertainty. Two-wheeler market leader Hero MotoCorp, which has a stronghold in the entry level of the motorcycle market, is now seeing an upturn in the premium segment

Greenlam Industries reports 32.5% decline in Q2 net profit to Rs 18.54 cr. The company had reported a net profit of Rs 27.50 crore in the July-September quarter a year ago, Greenlam Industries Ltd said in a BSE filing

Coromandel International Q2 net up 17% at Rs 589 cr, income down 5%. Firm attributes better profit show to good monsoon and soil moisture, and govt's proactive steps in farm space

TCI Express reports 7.69% decline in Q2 net profit to Rs 24 crore. TCI Express on Monday reported 7.69 per cent fall in profit at Rs 24 crore for the second quarter ended September 30, 2020. The express distribution company had clocked a profit of Rs 26 crore in the year-ago quarter, it said in a statement. Revenue from o

Financed Rs 400 cr worth of purchases since March: Capital Float. Fintech platform Capital Float on Monday said it has financed customer purchases worth Rs 400 crore since March 2020 and witnessed 350 per cent growth in its buy-now-pay-later customer base.

Triveni Turbines net down 51% to Rs 24.39 crore in July-September. Triveni Turbines on Monday reported over 51 per cent decline in its consolidated net profit to Rs 24.39 crore for the September quarter compared to the year-ago period mainly due to lower revenues.

Techfynder to add 150,000 professional contractors in India by 2021. Techfynder, one-stop solution for hiring IT contractors globally, on Monday said it is planning to register 1,50,000 professional contractors in India by next year. "We're seeing a huge increase in demand for contract and remote workers on our platform, on

Honda Motorcycle total sales rise 2% at 5,27,180 units in October. Honda Motorcycle & Scooter India (HMSI) on Monday reported a 2 per cent increase in its total sales at 5,27,180 units for October. The company had sold a total of 5,17,845 units in the same month last year. Domestic sales last month stood at 4,94,459 units

Govt owned NABARD gives clean chit to Reliance Commercial Finance. NABARD, the second largest lender to Reliance Commercial Finance Limited (RCF) with over Rs 1,100 crore of secured loan exposure, has given a clean chit to RCF and has removed its red flag

DCGI rejects DRL's proposal, denies full marketing rights for Remdesivir. Emergency use authorisation to continue; recently, WHO had raised doubts about efficacy of drug in treatment of Covid-19 patients

Sterlite Technologies to acquire Italy-based optical products firm Optotec. Sterlite Technologies (STL) on Monday said it will acquire Optotec, an optical interconnect products company based in Italy.

Punjab National Bank net profit rises 22% to Rs 621 crore in Sept quarter. Punjab National Bank (PNB) on Monday reported a 22 per cent jump in net profit to Rs 620.81 crore for the second quarter ended September 30

PNB's pre-tax profit surges by 54% to Rs 979 cr in Q2, PAT up 22%. Net interest income soars 29% to Rs 8,393 crore, NPA position improves

Auto major Tata Motors sales increase 27% to 49,669 units in October. Homegrown auto major Tata Motors on Monday reported 27 per cent growth in its total domestic sales to 49,669 units in October.

NTPC board okays extension of tenure of CMD Gurdeep Singh till July 2025. State-run power giant NTPC's board on Monday approved the extension of tenure of the company's chairman and managing director Gurdeep Singh till July 31, 2025.

Microsoft Corp (India) logs 22% rise in revenue to Rs 8,883 crore for FY20. Microsoft Corporation (India) has clocked a 21.6 per cent rise in revenue to Rs 8,882.8 crore in FY 2019-20, regulatory documents sourced by business intelligence platform Tofler showed

Vedanta, Hindalco post wins in commercial coal auction; new players debut. Adani Enterprises, which was also in the race for these two mines, did not win any

Kia Motors logs in best ever monthly sales in October with 21,021 units. Kia Motors India on Monday reported its highest ever monthly sales at 21,021 units in October, registering 64 per cent jump from the same period last year.

Embassy REIT Q2 profit flat at Rs 232 crore, revenue up 4% to Rs 540 crore. Embassy REIT reported a flat consolidated net profit in Q2 at Rs 232 cr and a 4% rise in revenue from operation at Rs 540 cr, and said it is looking to acquire large office parks for inorganic growth

Zee Entertainment reports Rs 93.41 crore net profit in Sept quarter. Zee Entertainment Enterprises Ltd on Monday reported a consolidated net profit of Rs 93.41 crore for the second quarter ended September

Bandhan Bank Q2 profit dips 5% as Covid-19 provisions eat into bottomline. Bandhan Bank on Monday reported 5 per cent decline in September quarter net profit at Rs 920 crore on a spike in provisions made for possible loan losses due to the Covid-19 pandemic

Larsen & Toubro emerges as lowest bidder for second bullet train contract. The other bidders for this package were the Tata Projects-J Kumar Infrastructure Projects Ltd-NCC Ltd and AFCONS Infrastructure Ltd.-Ircon International-JMC Projects consortiums

PhonePe breaches 250-mn user mark; logs 925 mn transactions in October. Walmart-owned digital payments firm hits 7-billion annual TPV run-rate

NTPC to buy back shares worth Rs 2,275 cr as part of restructuring plan. Gets board nod to buy back up to 197.8 mn quity shares; thermal power giant registers 4.8% growth in profit in Q2

Splitting up tech giants won't be necessary, says EU antitrust chief. Competition Commissioner Margrethe Vestager is due to announce new draft rules for the digital sector on December 2

Coal India production rises by 18% to 47 million tonnes in October. State-owned CIL on Sunday said that it produced 46.8 million tonnes (MT) of coal last month, registering a growth of 18.4 per cent.

Bharti Airtel rings louder than Reliance Jio in net subscriber additions. It's the first time since 4G launch by Reliance; churn at all-time low of 1.7%

Process M&A application, ignore Amazon letter, Future Retail urges bourses. Statement comes after Amazon wrote to Sebi and stock exchanges last week on Singapore arbitrator's stay order

Maruti, Hyundai Motor report double digit sales growth in October. Maruti Suzuki India and Hyundai Motor India posted double digit growth in October wholesales on the back of pent up demand and improved buying sentiment in the festive season. Honda Cars India, Toyota Kirloskar Motor and Mahindra & Mahindra also reported

Mahindra & Mahindra commences deliveries of latest version of Thar SUV. Domestic auto major Mahindra & Mahindra on Saturday commenced the deliveries of the latest version of its iconic SUV, Thar, with the first vehicle going to auto component maker Minda Corporation's CEO Aakash Minda. Minda had placed the winning bid of Rs 1.

Airtel tops Q2 customer additions, beat Jio first time in 12 months. Base up by 13.9 mn to 293 mn sequentially; firm may have gained from erosion in Vodafone's subscriber numbers as it saw good growth in both 4G additions and post paid users

Sowkea Agro eyes to clock Rs 200 cr revenues; to strengthen retail sector. Sowkea Agro and Retail Concepts has planned to introduce retail sales of fresh coconut milk, cold-pressed juices, palm-nectar, as part of its vision of reaching a turnover of Rs 200 crore

SKF India expects to corner higher share in auto-components market. Auto-component maker SKF expects to corner "significantly higher" share in the sector it caters to irrespective of the pace of industry's growth amid demand revival, a top company executive has said.

Mahindra reports 2% increase in tractor sales to 46,558 units in Oct. Mahindra & Mahindra (M&M) on Sunday reported a 2 per cent increase in its tractor sales at 46,558 units in October. The company had sold 45,433 units of tractors in October 2019, Mahindra & Mahindra (M&M) said in a statement. Domestic sales grew 2 per cent

Honda Cars posts 8% increase in sales in October at 10,836 units. Honda Cars India on Sunday reported an 8.3 per cent increase in domestic sales to 10,836 units in October. The company had sold 10,010 units in the domestic market in October 2019, HCIL said in a statement. Exports stood at 84 units last month, it added. "

Abhay Choudhary takes over as Director (Projects) of Power Grid Corporation. State-run Power Grid Corporation of India (PGCIL) on Sunday said that Abhay Choudhary has assumed the charge as its Director (Projects). Prior to this assignment, he has been working as Executive Director (Commercial & Regulatory Cell) along with the charg

Hyundai reports 8.2% increase in total sales at 68,835 units for Oct. Hyundai Motor India on Sunday reported an 8.2 per cent increase in total sales at 68,835 units for October. The company had sold 63,610 units in October 2019. The auto major recorded its highest ever monthly domestic sales of 56,605 units last month, up 13

Mahindra & Mahindra's total sales fall 14.52% to 44,359 units in Oct. Mahindra & Mahindra (M&M) on Sunday reported a 14.52 per cent decline in total sales to 44,359 units in October. The company had sold 51,896 units in the same month last year, M&M said in a statement. In the domestic market, passenger vehicle sales were up

Urban Company logs strong biz post lockdown, confident of doubling revenue. Home services marketplace Urban Company on Sunday said it has seen strong recovery in business post lockdown and expects its revenue to double in the current fiscal over the previous year.

Toyota Kirloskar posts 1.87% decline in total sales at 12,373 units in Oct. Toyota Kirloskar Motor on Sunday reported a 1.87 per cent decline in total sales at 12,373 units in October. The company had sold a total of 12,610 units in October last year, TKM said in a statement. On a sequential basis, the company said its October sal

DLF aims Rs 2,500-crore sales booking in FY21 despite coronavirus. DLF is targeting to achieve sales bookings of Rs 2,500 crore in the ongoing fiscal, marginally better than the previous year, despite the pandemic with housing demand picking up since June onwards

Maruti, Hyundai, Tata Motors witness brisk sales during Navratri period. Leading carmakers Maruti Suzuki India, Hyundai and Tata Motors saw better retail sales during the Navratri period this year as compared with last year with pent up demand of last few months aiding the brisk offtake. Kia Motors, Toyota Kirloskar Motor, Mahi

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NSE share market NEWS tomorrow (03 November, 2020). NSE stocks in NEWS (tomorrow)

 

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