NSE share market NEWS tomorrow (28 October, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 October, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 October 2020
Adani Green was amongst the top gainers, currently trading at 776.85 in NSE with 2.01 times change in volumes and 4.994% change in price. Other gainers included Cg Power with 4.963% price change and 1.67 times volumes, Bharti Airtel with 4.269% price change and 9.669 times volumes, Suzlon Energy with 3.947% price change and 0.537 times volumes, and Avenue Supermarts with 2.941% price change and 1.592 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.
Vedanta was amongst the top losers, currently trading at 95.40 in NSE with 1.502 times change in volumes and -6.927% change in price. Other losers included Dlf with -5.512% price change and 1.783 times volumes, Tata Elxsi with -4.456% price change and 0.994 times volumes, Muthoot Finance with -3.944% price change and 0.569 times volumes, and Iifl Holdings with -3.623% price change and 0.744 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.
DGCA extends suspension of international passenger flights till November 30. The scheduled international passenger services have been suspended in India since March 23 due to the coronavirus pandemic.
Axis Bank logs net profit of Rs 1,683 cr in Q2; NII up 20% to Rs 7,326 cr. NII has grown 20 per cent to Rs 7,326 crore in the July-September quarter of FY21, compared to Rs 6,102 crore in the corresponding period of last financial year
Blue Star reports net profit of Rs 15.32 cr for September quarter. The company had posted a net profit of Rs 37.94 crore in the corresponding quarter of the previous financial year, Blue Star said in a regulatory filing
MCX Q2 net profit drops over 18% to Rs 58.55 cr in September quarter. Its net profit stood at Rs 71.75 crore in the same quarter of the previous fiscal, according to a regulatory filing
Hero MotoCorp Q2 net profit surges 9% to Rs 964 cr on robust sales. The country's largest two-wheeler maker had posted a net profit of Rs 883.78 crore during the July-September period of the previous fiscal
CG Power net profit at Rs 109 cr in Sept quarter, total income at Rs 673 cr. The company had suffered a net loss of Rs 1,595.21 crore in the corresponding period of the previous financial year, according to a BSE filing
Tata Steel's overseas plants back to high utilisation: CEO TV Narendran. Steel sale in India may be lower by 20 per cent at present but China's rapid recovery has helped global steel industry, he said
Tata Coffee posts nearly 6% jump in net profit to Rs 42.4 crore. Tata Coffee Ltd on Wednesday posted nearly 6 per cent jump in its consolidated net profit to Rs 42.40 crore for September quarter on improved revenues. The company had posted a net profit of Rs 40.13 crore in the corresponding quarter of previous fiscal, T
Wipro signs agreement to acquire Encore Theme Technologies for Rs 95 crore. IT services firm Wipro on Wednesday said it has signed a definitive agreement to acquire Encore Theme Technologies- for up to Rs 95 crore.
Infosys completes acquisition of digital service provider Blue Acorn iCi. IT services firm Infosys on Wednesday said it has completed the acquisition of Blue Acorn iCi. Infosys had, earlier this month, announced inking a pact to acquire Blue Acorn iCi - a digital customer experience, commerce and analytics services provider - fo
Carmakers Fiat Chrysler and PSA confirm progress toward full merger. Fiat Chrysler and PSA Peugeot on Wednesday confirmed progress toward their full merger to create the globe's fourth-largest carmaker, with completion expected by the end of March 2021
India's smartphone mkt hits record 53 mn units in Q3: Counterpoint. Smartphone segment in India rebounded after the lockdown to touch an all-time high of 53 million units in the September quarter, with Samsung toppling Xiaomi from the number one spot
Air India Express records highest-ever annual profit at Rs 413 cr. Air India Express on Wednesday reported its highest-ever annual net profit of Rs 412.77 crore for the financial year ended March 2020
Welspun Enterprises reports doubling of net profit to Rs 30 crore. Welspun Enterprises on Wednesday reported more than doubling of its consolidated profit to Rs 30.47 crore for the quarter ended September. The company had clocked a net profit of Rs 14.47 crore for the year-ago quarter, it said in a BSE filing. Its total i
Boeing deepens job cuts as profit tumbles on 737 MAX, Covid-19 crises. The US plane maker also said it was sticking with the deeply reduced twin-aisle production rates announced in July, as well as the goal to hit a build rate of 31 narrow bodies monthly in early 2022
Coal India revisiting SOPs, rule books amid changing times: CMD. All standard operating procedures, manuals and rule books of state-owned Coal India are being revisited to make them more effective and conducive to meet the challenges thrown by the changing times
SpiceJet sea plane to take off on Saturday, one-way fare at Rs 1,500. Airline will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight
Air India Express reports highest ever net profit at Rs 412 crore. Air India's no-frills service subsidiary has been making profits continuously for the past five years and last year it made a net profit of Rs 169 crore
Tata Group to set-up electronic components manufacturing unit in Chennai. A government official told PTI that a Tata Group firm has applied for incentive at Meity but could not confirm other details
L&T Q2 net profit declines 45% to Rs 1,410 crore on Covid-19 impact. Engineering and construction giant Larsen & Toubro (L&T) on Wednesday posted a 45 per cent decline in consolidated net profit to Rs 1,410.29 crore for the quarter ended September, hit by the COVID-19 pandemic. The company had clocked a net profit of Rs 2,5
LG unveils 2 new devices to tap into premium smartphone market in India. LG Electronics on Wednesday unveiled two new mobile phone models with prices starting from Rs 36,990 onwards, as the company looks to tap into the country's booming premium smartphone market.
Axis Bank posts net profit of Rs 1,683 cr in Sept qtr as bad loans decline. The bank's total income rose marginally to Rs 19,870.07 crore in the second quarter of 2020-21, from Rs 19,333.57 crore in the same period last year, it said in a regulatory filing
PayPoint offers free personal accident insurance to migrant workers. PayPoint said it is offering a complimentary personal accident insurance cover for migrant workers transferring money to their families.
NTPC ties up 50 bn yen funding under Japan Bank's GREEN initiative. In the first funding for NTPC under JBIC's GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative
BharatAgri raises million from 021 Capital, India Quotient, others. Pune-based startup BharatAgri on Wednesday said it has raised million from a clutch of investors, including Binny Bansal-backed 021 Capital and India Quotient, for expansion
PNB Housing Finance Q2 net down 15% at Rs 313 crore; revenue falls 9%. The housing finance company had posted a net profit of Rs 367 crore during the corresponding period of the previous fiscal
Airtel foreign ownership puzzle stumps investors again, stock sheds gains. Jump in user base and margin improvement helped stock end with a gain of 3.3% in a falling market. Nevertheless, it shed 8.3% from day's high of Rs 488 to end at Rs 448
General Electric posts quarterly profit as biz recovers from pandemic lows. GE said it expects industrial free cash flow to be at least .5 billion in the fourth quarter and positive in 2021
Titan Q2 net profit drops 38% to Rs 199 crore, sales recover 89%. Consolidated revenue drops marginally by 2.6% to Rs 4,318 crore
RBL Bank Q2 net up 165% to Rs 144 cr on higher NII, dip in provisions. Net interest margin flat at 4.34%, other income up 3% to Rs 456 cr
Carborundum Universal Q2 profit up 34% to Rs 86.4 cr, sales rise 1%. Revenue from abrasives for the quarter was flat at Rs 259 crore at both, the consolidated and the standalone levels
India to challenge Voda arbitral award? Way forward & legalities explained. The government is yet to take a call on appealing against an arbitration award relating to retrospective tax demand against British telecom player Vodafone
Titan's net profit falls 38% to Rs 199 crore in September quarter. Tata group firm Titan Company on Wednesday reported a 37.81 per cent decline in its standalone net profit to Rs 199 crore for the quarter ended September 30, on account of higher expenses
Bharti Airtel to stay away from 5G auctions, as prices exorbitant: Vittal. "The 5G ecosystem is yet to develop here and the prices are very high and we can't afford them," Vittal said during the company's post earnings call
Dr Reddy's Q2 PAT down 30% to Rs 762 crore from Rs 1,092 cr year-ago. The PAT of Dr Reddys Laboratories for the quarter ended on September 30, 2020, was down by 30 per cent at Rs 762.3 crore compared to Rs 1,092.5 crore during the corresponding quarter last fiscal
Here's what to expect from Maruti Suzuki's Q2 results on Thursday. According to recent sales data, Maruti sold 3.9 lakh units, comprising 3.70 lakh units in domestic and 22,511 units in exports, during the quarter under review
Hero MotoCorp Q2: What to expect from the result announcements today. At the bourses, shares of Hero MotoCorp rallied 23.5 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex
Rajesh Nambiar appointed as chairman, managing director of Cognizant India. He joins Cognizant from Ciena, a networking and software company, where he currently serves as Chairman and President of Ciena, India
Aurobindo Pharma to sell US-based Natrol for about Rs 4,048 crore. Aurobindo's stock reacted positively to the news, going up in morning trade but later settled flat at Rs 784.65 on the BSE
In fight with Amazon, Future Retail sees liquidation if Reliance deal fails. Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance
M&M Financial Services' net profit rises 21% to Rs 304 crore in Q2. The provisions and write-offs stood at Rs 619.4 crore in Q2Fy21, up from Rs 360.7 crore in the year-ago period
SBI Life Insurance's net profit more than doubles to Rs 299 crore. In the first half of the financial year (FY21), net profit of the insurer was up 38 per cent to Rs 690 crore over the same period a year ago
L&T Finance Holdings set to slash defocused loans to Rs 1,000 crore. The company reduced its defocused book by 50 per cent year-on-year from Rs 10,365 crore in 2018-19 to Rs 5,230 crore in 2019-20.
Bharti Airtel says it is planning to exit the Ghanaian telecom market. Airtel on Tuesday said it is planning to exit the Ghanaian telecom market. "Bharti Airtel in its board meeting held earlier today announced the approval of the board for concluding an arrangement with Government of Ghana wherein Government of Ghana will ac
Hero MotoCorp to develop, sell Harley-Davidson bikes for India market. The country's largest two wheeler maker Hero MotoCorp and Harley-Davidson on Tuesday announced a wide ranging partnership for the Indian market
Japanese apparel retailer Uniqlo forays into Indian online market. Japanese global apparel retailer UNIQLO on Tuesday said it has forayed into the Indian online market
MAN Industries Q2 net profit more than doubles to Rs 27.28 crore. Pipe maker MAN Industries (India) Ltd on Tuesday reported more than doubling of its consolidated net profit to Rs 27.28 crore for the quarter ended September 30
Ankhi Das, Facebook public policy director for India, steps down. The resignation comes weeks after Facebook and Das faced questions internally from employees over how political content is regulated in India
Bengaluru-based FreshToHome raises 1 million in series C funding. Bengaluru-based brand in fresh fish and meat e-commerce, FreshToHome, announced it has raised 1 million in Series C funding led by ICD,Investcorp, Ascent Capital, DFC, the Allana Group and others
Amara Raja Batteries' PAT falls 7.9% to Rs 201.3 crore in Sept quarter. Amara Raja Batteries Ltd on Tuesday reported a 7.93 per cent fall in consolidated profit after tax at Rs 201.27 in the second quarter ended on September 30
Tata Motors consolidated net loss widens in Q2 on weak operational show. However, the quarter reflected strong sequential recovery with positive pre-tax profit and major positive free cash flows following restart of production and reopening of global retailer network
Bharti Airtel losses narrow to Rs 763 cr in Sept quarter; revenue up 22%. Telecom operator Bharti Airtel on Tuesday reported substantial narrowing of losses for the second quarter ended September 2020 at Rs 763 crore
Bharti Airtel Q2 loss narrows down to Rs 763 cr; revenue up 22% YoY. The company had posted a loss of Rs 23,044.9 crore in the year-ago period
SpiceJet starts facilitating Covid-19 tests for passengers in India, UAE. SpiceJet has started facilitating Covid-19 testing for its passengers in India and the UAE with the help of VFS Global, a press release issued by the airline said on Tuesday
Higher provisions, loans under recast: Expectations from Axis Bank's Q2 nos. Analysts expect the net profit to come in at Rs 1,740 crore along with pre-provision profit (PPP) at Rs 6,380 crore.
L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed. Emkay Global estimates net sales (revenue) to come in at Rs 34,188.6 crore, down 3.2 per cent on a year-on-year (YoY) basis.
Jan to Sep VC investments down nearly 17 per cent YoY to .5 billion. Education topped the table with nearly .755 billion as against 9 million last year, followed by real estate which received 4 million
Foreign ownership limits: MSCI India to see passive inflow of .5 billion. Back in April 2020, the investment legroom for foreign investors in several Indian companies had gone up following the government's decision to automatically treat the sectoral limit as the FPI limit
IFC to support Netafim India's capex & working capital requirements. The proposed million long-term financing will be in the form of Non-Convertible Debentures
Flipkart Group garners 68% of Rs 29,000 crore festive sales: Report. Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68% of the total sales as the country saw a massive 55% (year-on-year) growth
IndiGo, SpiceJet: Lower costs, higher capacity utilisation to boost Q2 nos. Analysts at Centrum Broking note that Brent crude prices declined sharply by 30 per cent YoY, while domestic ATF prices declined 32 per cent YoY, leading to lower fuel costs
PSB Q2 preview: NPA recognition ruling to prevent higher slippages. Analysts pegs SBI's PAT at Rs 3,435.5 crore for the quarter under review, at Rs 517 crore for Bank of Baroda, and at Rs 189 crore for PNB
Bharti Airtel Q2: Stable qtr in the offing; losses to contract, ARPU rise. Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to million in the quarter ended September
E-commerce firms sell goods worth .1 bn in first week of festive sale. The key factors that majorly boosted this year's sale include affordability, mobile phones and tier-II growth wave.
Tata Communications, Micron partner for e-SIM biz; delivery in H1 2021. The cloud-based e-SIM will be enabled by Micron
Uber to offer 12k free rides to National Association for Blind in 8 cities. The association, which will be valid from October to December 2020, will enable their safe access to educational and training institutes as well as work places in eight cities, a statement said
GoAir's internal probe finds senior executive guilty of sexual harassment. Confirming the development, another source said the incident with one of the female employees happened during an official overseas trip.
Network18 Media reports Rs 68-cr net profit for Sept qtr, revenue dow 10%. The company had posted a net loss of Rs 24.68 crore for the July-September quarter a year-ago, Network18 Media and Investments Ltd said in a regulatory filing
JM Financial Q2 net profit up 7.3% at Rs 139 crore despite dip in revenue. The company has made a special pandemic provision of Rs 123 crore for the quarter
Amid battle with Amazon, Future Retail sees liquidation if RIL deal fails. he dispute centres around FRL's decision in August to sell its retail, wholesale, logistics and some other businesses to Reliance for .38 billion, including debt
GAIL, ONGC look to firm up strategies for low oil and gas price regime. India aims to more than double its gas consumption by 2030
MakeMyTrip Q2 loss narrows to .9 mn; festive season spurs demand. The company's revenue stood at USD 21.1 million (over Rs 155 crore) in the quarter under consideration, compared to USD 118 million (over Rs 869 crore) in the same quarter last fiscal
Cochin Shipyard, Italy's Fincantieri sign deal for business development. Cochin Shipyard, with facilities on the East and West coasts of India, is a leader in commercial and defence shipbuilding and repairs.
TV18 Broadcast Q2 net profit up over two-fold to Rs 115.55 crore. Media firm TV18 Broadcast Ltd on Tuesday reported an over two-fold increase in consolidated net profit to Rs 115.55 crore for the September quarter. The company had posted a net profit of Rs 46.55 crore in the July-September period of the previous fiscal,
ICICI Prudential Life Q2 net profit marginally up at Rs 303 crore. ICICI Prudential Life Insurance on Tuesday reported a marginal rise in net profit at Rs 303 crore for September quarter of the current fiscal year
Bharti Airtel cuts loss by 97% in Q2, logs record quarterly revenue. Ebitda margin up 366 bps YoY at 46 per cent -- highest in at least five quarters
Facebook India public policy head Das quits months after hate speech row. Firm says Ankhi Das left to pursue 'public service'. In an internal note it says her leaving is not linked to "recent media reports regarding claims of anti-Muslim bias"
BharatPe introduces digital gold product on its platform for merchants. Merchant payment platform BharatPe on Tuesday said it has introduced digital gold product on its platform for merchants in association with Safegold
Tata Motors sees better second half even as it prepares for hard Brexit. BENGALURU (Reuters) - India's Tata Motors Ltd forecast a stronger second half on Tuesday as sales of its Jaguar Land Rover (JLR) vehicles improved in key markets even as it continued to grapple with the COVID-19 pandemic and uncertainties over a hard Brexi
Reliance Industries restores salary, offers bonus in hydrocarbon arm. The firm is also offering an advance 30 per cent of the variable pay from the next year's salary to its employees, as a goodwill gesture for working during the pandemic
We have an opportunity to replace China as global AC exporter: Blue Star MD. Blue Star's Managing Director B Thiagarajan spoke to T E Narasimhan on how sales are expected to touch pre-Covid-19 levels during festival time and there are chances it may increase by 10 per cent
Future Group may challenge arbitration award putting RIL deal on hold. Future Group said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process
'Literally threw my family out': Ananya Birla slams US restaurant. The singer and artist, daughter of Kumar Mangalam Birla and Neerja Birla, took to Twitter to share her ordeal, saying "this is not okay"
Tiles maker Nitco to open a dozen new stores to expand retail reach. Tiles maker Nitco on Monday said that it would open around a dozen new stores in various states to expand its retail footprint, as real estate and construction will pick up in the coming months.
Hindustan Media Ventures net falls 78% to Rs 4.4 cr in September quarter. Hindustan Media Ventures Ltd (HMVL) on Monday reported a 77.8 per cent decline in its consolidated net profit to Rs 4.41 crore
Telcos flag E&V bands, floor price issues at meeting with new Trai chief. The industry maintained that spectrum in highly commercial and valuable E and V bands should not be delicensed, says report
Tyre-maker BKT eyes doubling domestic market share in the next few years. Leading off-highway tyre manufacturer Balkrishna Industries that sells under the BKT brand expects its domestic market share to double in the next couple of years to over 12 per cent
NTPC board to consider buyback of equity shares on November 2. State-owned power giant NTPC on Monday said its board will on November 2 consider a proposal to buy back the company's equity shares
Shapoorji Pallonji group to file settlement terms on Tata Sons exit with SC. Hearing in the Tata versus Mistry case is likely to be adjourned to next month.
Navratri sales: Cars zoom past sales goalposts, two-wheelers trudge along. Car market leader Maruti Suzuki India delivered around 85,000 to 90,000 cars as against 60,000 to 65,000 it delivered last year, said an industry source
Hyundai Motor retail sales grow 28% YoY during Navratra to 26,068 units. Bands across sectors traditionally see a higher up-tick in sales during this period
Cummins India completes BS-IV certification tests for wheel equipment. Cummins India said on Monday it has successfully completed BS-IV emission standard certification tests for its wheel equipment at the International Centre for Automotive Technology (ICAT)
Ducati India commences pre-bookings for BS-VI version of Multistrada 950 S. The company is now accepting bookings for the all-new Multistrada 950 S for an initial amount of Rs 1 lakh, Ducati India said in a statement
SC asks HC to decide CCI plea for vacating stay on probe against e-com cos. A Bench comprising Justices A.M. Khanwikar, Dinesh Maheswari and Sanjiv Khanna asked the Competition Commission of India (CCI) to approach the High Court for relief
Hear CCI plea for vacating stay on probe against Amazon, Flipkart: SC to HC. SC has asked the High Court to decide on the matter within a period of six weeks
Torrent Pharma Q2 net up 27% despite dip in US and Brazil revenues. Firm's consolidated total revenue for the quarter, however, fell marginally by 0.7% to stand at Rs 2,023 crore
BP eyes India's fuel market, wants natural gas under GST regime. BP Group chief executive Bernard Looney said his firm in partnership with Reliance will set up 5,500 retail sites for petrol and diesel; also offer mobility solutions like EV charging facility
SpiceJet to launch eight new flights to Bangladesh under air bubble pact. The Gurugram-headquartered airline will operate four times a week non-stop flight services between Kolkata and Chittagong, besides connecting Delhi, Kolkata and Chennai with Dhaka, a release said
Torrent Pharma Q2 profit up 27% at Rs 310 cr on robust sales, low expenses. The company had posted a net profit of Rs 244 crore for the corresponding period of the previous fiscal, Torrent Pharmaceuticals said in a filing to BSE
Agritech firm Origo raises Rs 35 cr debt from Northern Arc Capital, others. Origo provides end-to-end agriculture supply-chain solutions such as procurement, storage, and financing
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