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NSE share market NEWS tomorrow (26 October, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 October, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 October 2020

Polycab India was amongst the top gainers, currently trading at 957.05 in NSE with 3.739 times change in volumes and 8.601% change in price. Other gainers included Syngene Internatio with 5.332% price change and 1.139 times volumes, Suzlon Energy with 4.286% price change and 23.248 times volumes, Cg Power with 3.854% price change and 0.623 times volumes, and Kei Industries with 3.341% price change and 0.961 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.

Coforge was amongst the top losers, currently trading at 2212.15 in NSE with 3.709 times change in volumes and -7.056% change in price. Other losers included Hero Motocorp with -6.85% price change and 2.449 times volumes, Bajaj Auto with -6.07% price change and 1.758 times volumes, Laurus Labs with -5.871% price change and 2.998 times volumes, and Hindalco Industries with -5.405% price change and 1.604 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.

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

BP wants bigger pie of India fuel market, bats for natural gas under GST. Firm to create 80,000 jobs by increasing fuel retail outlets, along with Reliance, to 5,500 in 4-5 yrs

AirAsia resumes in-flight dining experience options to pre-booked orders. On August 27, the Aviation Ministry had permitted the airlines to serve pre-packed snacks, meals and beverages on domestic flights and hot meals on international flights

France's Total aims to grow renewable energy in India to 6GW by 2025: CEO. CEO Patrick Pouyanne said on Monday that France's Total wants to expand rnewable energy portfolio in India

Fortis to add 1,300 new beds in existing facilities in the next 2-3 years. Company to also launch a digital solution for all healthcare needs and plans to rope in partners

B2B ecommerce platform Jumbotail raises million from Heron Rock, others. The Bengaluru-based startup that serves 30,000 kirana stores will use the funds to scale its core B2B marketplace to new geographies

Tata Motors Q2 preview: Up to Rs 3,212 crore loss seen amid JLR's struggles. At the bourses, shares of Tata Motors surged 32.3 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex, ACE Equity data show

CDSL reports 68% jump in profit after tax at Rs 48.87 cr for Sept quarter. In comparison, the depository had posted a profit after tax (PAT) of Rs 29.06 crore in the same quarter preceding fiscal, Central Depository Services (India) Limited or CDSL said in a statement

SC junks UBHL plea against Karnataka HC order to wind up Mallya's firm. SC dismissed a plea filed by Mallya's United Breweries Holdings Limited to challenge a Karnataka High Court order to uphold the winding up of the company for recovery of dues payable by Kingfisher

Future battle: Amazon set for face-off with Reliance for retail dominance. Mukesh Ambani and Jeff Bezos, two of the world's wealthiest men, want the stores and warehouses of Future Retail Ltd.

Future Retail hints at challenging arbitration order against Reliance deal. In a statement to Indian stock exchanges on Monday, Future Retail said it was not party to the agreement under which Amazon had invoked arbitration proceedings

Bharti Airtel enters cloud communications market, launches 'Airtel IQ'. The Indian cloud communications market, estimated at USD 1 billion, is seen growing nearly 20 per cent annually

Govt support in GST cut to help PV segment offset price hike: Tata Motors. The Indian automobile industry leapfrogged to BS VI emission standards from BSIV from April 1 this year

Kotak Mahindra Bank's consolidated PAT up 22% in Q2 to Rs 2,947 cr. Net interest income up 16.8% YoY to Rs 3,913 crore in the reporting quarter, net interest margin 4.52%

Delhi High Court defers hearing in petitions against NAA to December 7. 50 petitions pending in court, court asks each petitioner to submit its arguments within five pages

Mirae MF launches passive ESG funds, NFOs open between Oct 27-Nov 10. Mirae Asset ESG Sector Leaders ETF is an open-ended scheme tracking Nifty 100 ESG Sector Leaders Total Return Index. The second, an FoF, will invest predominantly in this ETF

Amazon gets interim relief; arbitration panel puts RIL-Future deal on hold. Amazon had dragged Future to arbitration after the Kishore Biyani group firm had agreed to sell businesses to billionaire Mukesh Ambani's Reliance

Future-RIL deal: Amazon gets a favourable ruling in arbitration case. Future can't go ahead with its Rs 24,713-crore deal with Reliance till the completion of the arbitration process as the emergency arbitrator ruling is in 'toto'

UAE's global EdTech company acquires India-based British consultancy. A UAE-based global EdTech company has announced the acquisition of a UK-born world-renowned leadership consultancy firm, which is working out of India

Lenders to debt-ridden DHFL to meet on Monday to take call on bids. DHFL was the first finance company to be referred to the NCLT by the RBI using special powers under Section 227.

JK Cement looks to improve H2 growth numbers on higher demand, capacity. JK Cement is expecting to further improve its growth numbers in the second half of this current fiscal, riding on enhanced production capacity and resurgence in demand, a top company official said.

Nitya Electro Controls starts production in UP's Greater Noida plant. Nitya Electro Controls Group on Sunday said production has started at its wires and cables manufacturing plant at Greater Noida in Uttar Pradesh. The company also announced roping in Bollywood actor Nawazuddin Siddiqui as its brand ambassador. The company

Bajaj Auto witnesses a strong revival in various export markets. Bajaj Auto is witnessing a strong revival in various export markets, including Africa and Latin America, as they were not hit as hard by the COVID-19 pandemic

How Aditya Puri built HDFC bank from scratch over a 25-year journey. Puri is confident the best is yet to come for the bank and execution of a laid out strategy will take the bank places

Avendus Capital looks to treble asset management biz AUM to bn by 2024. Avendus Capital is betting big on the asset management vertical, looking to treble its AUM to over billion by 2024, a top company official has said.

Motorola aims to clock profit, grow 'faster than industry' in India. Smartphone maker Motorola is looking to clock a "profitable growth" and grow "faster than the industry" in India on both quarterly and yearly basis

Coronavirus has pushed back luxury car segment in India by 5-7 yrs: Audi. In 2014, luxury car sales in India stood at around 30,000 units, while it was at around 31,000 units in 2015.

Religare gets interest from investors for RFL; introduces them to lenders. Religare Enterprises has received feelers from some global and domestic investors for picking up stake in its fraud-hit lending arm Religare Finvest Ltd to help clear the dues of lenders.

Six of top 10 most valued firms add Rs 86,684 cr in m-cap; HDFC twins lead. HDFC Bank, India''s biggest private sector lender, witnessed its valuation soar by Rs 20,198.59 crore to stand at Rs 6,80,092.72 crore.

Franklin Templeton MF likely to move Supreme Court over HC order. While the court has upheld the decision taken by the trustees to wind-up the schemes, the consent of the unitholders will be required under regulation 18(15)(c) to operationalise the decision

Actively scouting for a partner for passenger vehicle biz: Tata Motors. The auto major is looking for collaboration even as the process to carve out passenger vehicle (PV) business as a separate standalone unit gathers steam

Vedanta's .17 billion debt maturities prompt credit rating warnings. Moody's Investors Service last week put London-based Vedanta Resources under review for a possible downgrade, citing increased refinancing risk and large funding needs

Retail chain Tablez aims Rs 500-cr turnover, 250 outlets in 5 years. Multi-brand retail chain Tablez is looking at a turnover of around Rs 500 crore and expanding its network to around 250 stores in India over the next five years, a top company official has said.

Bharat spurs growth of FMCG companies, but Urban India not far behind. Urban growth could stage a comeback by June quarter next year, say analysts; firms concur, saying growth divide could narrow in the future

Data Protection Bill: Amazon to appear before joint parliamentary committee. The parliament committee wants to examine all the stakeholders including Amazon, Facebook and Google to get their perspective about personal data protection issues

YES Bank posts Rs 129-crore profit; net interest income rises 3.4%. Bank's provisions rose 9.3 per cent sequentially in Q2 to Rs 1,187 crore

Airtel Africa's profit falls 9% to million on higher finance cost. In constant currency terms, Airtel Africa recorded a growth of 19.5 per cent to 2 million in operating profit on a constant currency basis

L&T to take up special dividend plan at its upcoming board meeting. The company did not disclose further details or the rationale for the move

Telecom sector out of danger, says Bharti Infratel chairman Akhil Gupta. Bharti Infratel on Thursday announced a 24 per cent year-on-year decline in its profit after tax of Rs 733 crore for the quarter ended September

Amazon faces JPC action over refusal to appear; panel grills FB on data. Parliamentary Panel grills Facebook on data protection; Google, Twitter, Paytm executives to depose on Oct 28

Tata Motors PV vertical crosses 4 mn cumulative production milestone. The company, which over the years has produced models like the Indica, Sierra, Sumo, Safari and the Nano, had achieved the 1 million production mark for passenger vehicles in 2005-06

IndiGo bans nine journalists for 15 days over 'unruly behaviour'. Last year, comedian Kunal Kamra was banned for three months by IndiGo for heckling journalist Arnab Goswami on board

Days after failed delisting, Vedanta board okays interim dividend for FY21. The board of Vedanta Ltd on Saturday approved the first interim dividend of Rs 9.50 per equity share for the current fiscal amounting to Rs 3,500 crore

Tata Motors reaches milestone of producing 4 mn passenger vehicles. Automobile major Tata Motors has achieved the production milestone of 4 million passenger vehicles in India since its inception

Private sector yet to charge up on electric vehicle infrastructure. Foreign companies are more visible on technology side while domestic players like RIL-BP have plans only on paper

Excessive production will be eliminated: Amit Aggarwal on future of fashion. Ace fashion designer Amit Aggarwal believes coronavirus pandemic has pushed everyone in the fashion industry to adapt to "newer workmanship" and focus on quality rather than quantity

IL&FS resolves Rs 1,460 crore debt in Q2; misses target due to Covid-19. The board is now looking to resolve Rs 13,200 crore of additional debt by December 2020

Franklin Templeton case: Karnataka HC says consent of unit holders needed. The court has restrained the trustees from taking any further steps till the consent of unit holders via simple majority is obtained

IDBI Bank Q2 profit at Rs 324 cr; brings down provisions for bad loans. Compared sequentially, the bank registered a 125 per cent jump against the first quarter net profit of Rs 144 crore, IDBI Bank said in release

Centre likely to take key decisions on Air India divestment on Saturday. These key decisions might come at a time when the divestment deadline of October 31 is fast approaching

JSW Steel's Q2 net profit falls 37% to Rs 1,595 cr on higher tax outgo. Tax expenses of Rs 910 crore hurt the bottom-line even as net sales were up 11.5% year-on-year

100% growth in orders received during festive season sale, says Myntra. Myntra said that 51 per cent of shoppers on its platform were women

WeWork India appoints new Chief Financial Officer, General Counsel. Co-working major WeWork India on Friday said it has appointed Clifford Loboas Chief Financial Officer(CFO). It has also appointed Hiranmai Rallabandi as General Counsel while Santosh Martinhas been elevated toHead of Sales. "Clifford Lobohas been appointed

Tech Mahindra Q2 net profit drops 5% YoY to Rs 1,065 crore. The company's board has also proposed a special dividend of Rs 15 per equity share of Rs 5 each.

NTPC granted permission to use drones for research at 3 thermal plants. The ministry said the conditional exemption is till December 31 or till the full operatalisation of Digital Sky Platform, whichever is earlier

Hyundai Motor to invest Rs 150 crore in new training centre near Chennai. The facility will serve as an incubation centre for skill enhancement and will focus on human-centric innovations and mobility solutions

SBI Card, Delhi Metro jointly launch contactless multi-purpose card. The unique combo credit card 'Delhi Metro SBI Card' is thoughtfully designed for regular commuters on the Delhi Metro, SBI Card said in a release

Airtel Africa Apr-Sept profit drops 37% to 5 mn, revenue up 10.7%. The company had posted a profit after tax of USD 228 million for the same period a year ago

Flipkart to acquire 7.8% stake in Aditya Birla Fashion for Rs 1,500 crore. The promoter and promoter group companies of Aditya Birla Fashion will hold about 55.13 per cent stake upon completion of the issuance

Aditya Birla Fashion to raise Rs 1,500 crore from Flipkart; stk jumps 17%. On completion of this transaction, ABFRL would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020

Biocon posts 22% fall in Q2 net profit on high R&D expenses, staff costs. The Bengaluru-headquartered company posted 10 per cent growth in consolidated revenue on a y-o-y basis to Rs 1,760 crore in Q2

Nestle India to announce Q3 numbers today; here's what to expect. On Wednesday, the company reported a 'mid-single-digit growth' in the Indian market in the July-September quarter.

Maharashtra govt invites Tesla after Elon Musk hints entry into India. India's richest state Maharashtra has invited U.S. electric-car maker Tesla Inc, weeks after its Chief Executive Officer Elon Musk suggested entering the country next year

Tech Mahindra to acquire Tenzing Group, Momenton for Rs 293 crore. IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian IT firm Momenton for a cumulative amount of around Rs 293 crore

IDBI Bank Q2 net profit at Rs 324 cr vs Rs 3,459 cr loss a year ago. Net interest income up 4% to Rs 1,695 cr, NIM improves by 37 bps to 2.7%

Tata Motors bags order for 6413 Ace vehicles from AP Civil Supplies Corpn. Tata Motors on Friday said it has secured an order from the Andhra Pradesh Civil Supplies Corporation for supply of 6,413 Tata Ace Gold vehicles

BPCL to launch 2 high-end synthetic lubricant variants next week. Bharat Petroleum Corporation Ltd (BPCL) will next week launch two high-grade synthetic lubes for premium cars and bikes.

Mi India sells 5 mn smartphones in a week during festive season sale. The company said its 15,000 retail partners across the country doubled their sales year-on-year during the festive sale

Nestle India to invest Rs 2,600 cr over four years to boost production. Some part of the funds will also be used for its plant in Sanand, Gujarat, which is currently under construction

Tata Motors bags supply order for 6,413 Tata Ace Gold mini trucks from AP. It added that the fully-built Tata Gold Ace mini trucks are to be used as mobile-dispensing units for the doorstep delivery of supplies in Andhra Pradesh, and will be customised to suit the applicatio

Nestle India pre-tax profit up 12.4% to Rs 787 cr in September quarter. Weathering impact of localised lockdowns, it managed to grow its net sales by 10.2 per cent during the quarter to Rs 3,525 crore

HPCL raises Rs 2,000 cr debt for funding its capex during current year. Coupon rate will be 4.79 per cent per annum for the debt instruments which will mature on October 23, 2023

Oriental Hotels reports net loss of Rs 17.71 crore during Sept quarter. Oriental Hotels Ltd is an associate company of The Indian Hotels Company Ltd

Nestle India Q3 net profit dips marginally to Rs 587 cr; sales rise 10%. The company, which follows January-December financial year, had posted a profit of Rs 595.27 crore in the July-September quarter a year ago

LIC raises its stake in IRB Infra Developers to 5.27% in September quarter. IRB Infra is the largest highway developer in the private sector with an asset base of Rs 45,000 crore and two InvITs

ICICI Lombard Q2 net profit rises 35% on improved underwriting practices. The company reported a combined ratio of 99.7 per cent in Q2FY21, compared to 102.6 per cent in Q2FY20. Combined ratio is the measure of profitability of a general insurance company

IGL to facilitate conversion of diesel generators to natural gas gensets. Indraprastha Gas Ltd on Friday said it will help housing societies as well as commercial establishments to replace diesel in generators to environment-friendly natural gas.

ICICI Lombard reports 35% jump in net profit at Rs 416 cr in Sept quarter. The insurer had posted a net profit of Rs 307.91 crore for the year-ago period.

Yes Bank posts Rs 130 cr net profit in Q2 despite spurt in bad loans. The private sector lender had posted a net loss of Rs 600 crore in the corresponding quarter of previous fiscal.

JSW Steel reports 37% decline in net profit at Rs 1,595 cr in Sept quarter. The company had posted Rs 2,536 crore profit for the same quarter a year ago, JSW Steel said in a BSE filing

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