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NSE share market NEWS tomorrow (21 October, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (21 October, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 October 2020

Godrej Properties was amongst the top gainers, currently trading at 1041.85 in NSE with 6.128 times change in volumes and 11.499% change in price. Other gainers included Aditya Birla with 9.662% price change and 9.152 times volumes, Apl Apollo with 5.547% price change and 2.762 times volumes, Cg Power with 4.812% price change and 5.177 times volumes, and Hindustan Zinc with 4.6% price change and 3.322 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.

Amber Enterprises was amongst the top losers, currently trading at 2252.75 in NSE with 1.054 times change in volumes and -8.094% change in price. Other losers included Britannia Industries with -4.388% price change and 1.11 times volumes, Adani Enterprises with -3.075% price change and 0.694 times volumes, Prestige Estates with -2.981% price change and 1.853 times volumes, and Avenue Supermarts with -2.879% price change and 0.574 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.

43% small businesses plan to hire women in the next 6 months: Survey. Covid-19 has caused 78% of small businesses in India to reduce their workforce in the last 8 months, according to the LocalCircles survey

HUL's Q2 revenue, net profit rise as business back to normal level. A poll of analysts done by Bloomberg had pegged the firm's net profit at Rs 1,915 crore

Future-RIL deal: Jeff Bezos-Kishore Biyani battle begins in Singapore. This follows a dispute over Future's sale of its retail and wholesale businesses to MukeshAmbani-led Reliance Industries Ltd

Nestle registers single-digit growth in Indian market for Jul-Sep quarter. Swiss food and drink company Nestle has reported a 'mid-single-digit growth' in the Indian market in the July-September quarter, helped by its popular brands Maggi, Nescafe and KitKat.

Chennai Petroleum Q2 profit at Rs 290.58 cr versus loss a year ago. Revenue drops to Rs 9,732.90 cr from Rs 12,191.97 cr; firm says demand for fuel products was lower during the current half year due to Covid related lockdown

CG Power shareholders vote to declassify Gautam Thapar as promoter. Within days of the unearthing of the fraud involving siphoning off money raised using company assets as collateral, Thapar was removed by the company board on August 29, 2019

Former Tesla CIO Jay Vijayan's start-up Tekion joins unicorn club. The company raised 0 million at a valuation of over billion in a round led by Advent International

2-wheeler volumes to contract 16-18% this fiscal due to Covid-19: ICRA. While the overall consumption and investment demand is expected to remain subdued for an extended period, some growth off-shoots are visible in rural markets, it added

Stanchart to rent offices in Chennai for one of its largest campuses. A unit of the London-based bank will lease 770,000 square feet for 15 years in the southern city, in a project being developed by DLF.

Videocon insolvency case: Dhoot family offers to pay Rs 30k cr to lenders. A proposal for paying the amount has been forwarded to the Committee of Creditors (CoC) of the Videocon Industries, Venugopal Dhoot told PTI

UltraTech Cement reports over two-fold jump in Q2 net profit at Rs 1,235 cr. The leading cement producer had posted a net profit of Rs 578.55 crore in July-September quarter a year ago, UltraTech Cement said in a regulatory filing

StanChart GBS' largest office globally coming up in Chennai's DLF Downtown. Standard Chartered GBS is leasing 770,000 sq ft to set-up its largest office establishment in this project

Nissan unveils Magnite compact SUV to be made in India for global market. Designed in Japan, Magnite is part of Nissan's 'Make in India, make for the world' philosophy

Skoda Auto Volkswagen India exports over 25,000 cars in current year so far. The European car major started exports of its vehicles from India in 2010 with 65 units of the India-built Volkswagen Vento for the South Africa market

Govt may extend deadline for Air India bid to further sweeten deal. The submission of initial bid or expression of interest (EoI) may be extended by 45 days to two months to December

Bajaj Finance reports 36% dip in net profit in July-Sept qtr at Rs 965 cr. The non-banking finance company had posted a net profit of Rs 1,506 crore in the July-September quarter a year ago.

BDR Pharma launches generic version of Lenvatinib drug for cancer treatment. The generic version of the drug has been launched under the brand name ''Bdfoie'' in the country

Kia Motors receives over 50,000 bookings for compact SUV Sonet in 2 months. The 50,000 booking milestone by the model has been attained within two months of opening of bookings on August 20, it added

Air India privatisation: Bidding deadline likely to be extended to Dec 15. The government is likely to extend the deadline for submission of bids for privatisation of Air India yet another time till December 15

L&T bags multiple orders across business verticals in domestic market. Infrastructure company Larsen & Toubro (L&T) on Wednesday said it has received multiple orders across various business segments in the domestic market. The company did not provide the value of the contracts but said the orders fall under the "large" catego

Snapchat hits 249 mn daily users, sales up 52% in third quarter of 2020. Snapchat saw its daily active user base jump to touch 249 million, from 238 million in last quarter, as the company registered a 52% increase in revenue at 9 million in its third quarter

A missed opportunity: ITC could build India's digital, agri-business model. A cash-strapped New Delhi, which is delaying fiscal support to an economy expected to lose a 10th of its real output this year to Covid-19, also needs to rethink its stance

Hilton expands presence in Rajasthan by opening first DoubleTree. Hospitality major Hilton on Wednesday expanded its presence in Jaipur by opening of Double Tree by Hilton, Amer.

BPCL Trust for Investment in Shares sells scrips worth Rs 1,489 cr in BPCL. The BPCL Trust for Investment in Shares on Wednesday offloaded shares worth over Rs 1,489 crore in Bharat Petroleum Corporation Ltd (BPCL) through an open market transaction

Post strong Q2 show, L&T Infotech hopeful of meeting margin, revenue goals. After a sharp increase in profit margins for the September quarter, Larsen & Toubro Infotech, the IT arm of engineering major L&T, is now confident of achieving its 14-15 per cent net income margin target, its chief executive Sanjay Jalona said on Wednesda

No-frills carrier AirAsia India gets its first Airbus A320Neo aircraft. No-frills carrier AirAsia India has joined the league of Airbus A320Neo operators in the country with its first such plane arriving at the New Delhi's Indira Gandhi International Airport from the European aviation major's Toulouse manufacturing facility on

Zee Group in restructuring mode; Rahul Johri to head content, revenue. The other key changes include re-designating Punit Misra as president, content and international markets

After Mumbai's power outage, Tata power to upgrade city's islanding system. Introduced in 1981, the 'islanding system' developed and executed by Tata Power is unique and the only such power system in the country

Mid-single digit growth in India market in July-Sept quarter: Nestle. Demand for its instant noodles and coffee continued to surge

Flipkart, Amazon likely to sell 25 mn smartphones in festive sales: Report. Flipkart and Amazon are likely to sell about 15 mn smartphones in India during the festive sales, which will account for over 36 per cent of total expected sales for October-December, Techarc said

Dilip Buildcon JV lowest bidder for expressway stretch in Rajasthan. Highways builder Dilip Buildcon on Wednesday said its joint venture has emerged as the lowest bidder for a stretch of the Delhi-Vadodara expressway in Rajasthan.

Flipkart witnessed 110 orders placements per second during festival sale. E-commerce major Flipkart on Wednesday said sellers on its platform saw significant growth in orders with the platform witnessing about 110 orders placements per second during its The Big Billion Days

Equitas Small Finance Bank IPO subscribed 67% on second day of bidding. The IPO received bids for 7,80,26,850 shares against 11,58,50,001 shares on offer, according to data available with the NSE

Hindustan Copper board to consider raising funds by issue of shares via QIP. This will be to the extent of 15 per cent of existing paid up equity capital, the state-owned company said in a filing to BSE

Prestige, Brigade group partner to build mall, hotel project in Bengaluru. Prestige Estates Projects Ltd has partnered with Brigade group to jointly develop a commercial project, comprising a shopping mall and a hotel, in Bengaluru

Festive sale: Amazon, Flipkart and Snapdeal add Rs 22,000 crore to cart. RedSeer said the first few days of this year's online sale season saw a more explosive start compared to the last year- and is on track to meet its forecast of billion by end of the event

80% shoppers chose regional, local brands during festive sale: Snapdeal. The remaining 20 per cent opted for national and international brands, Snapdeal said in a statement

KPIT technologies posts 22.5% decline in Q2 net profit to Rs 28 cr. Tech firm KPIT Technologies on Wednesday posted a 22.5 per cent fall in its consolidated net profit to Rs 27.8 crore for the quarter ended September 2020. The company had reported a net profit (attributable to owners of the company) of Rs 35.9 crore in the

Neutralising negative growth, Coal India poised for output ramp-up. State-owned Coal India Ltd (CIL) for the first time in the current fiscal on October 20 neutralised the negative growth in coal production for the year

Signzy, no code AI platform raises .4mn led by Arkam Ventures, Mastercard. Signzy''s existing investors, Kalaari Capital and Stellaris Venture Partners also participated in the current round, a statement said

Fresh demand for cement seen improving in FY21: Atul Daga of Ultratech. In a Q&A, the CFO of the firm says he sees a spike in costs as it looks to spend on marketing, advertising and branding in the coming months

Automobili Pininfarina partners ChargePoint for pure-electric car Battista. Luxury electric vehicles brand Automobili Pininfarina on Wednesday said it has partnered with the world's largest EV charging network ChargePoint

CSB Bank's profit rises 179% to Rs 68.9 crore in second quarter. CSB Bank amended terms of investment agreement with Fairfax to align with Articles of Association of bank.

Jet Airways revival: Will it get back its slots and traffic rights?. Slot demand and allocation will depend on the fleet size, aircraft utilisation, and network.

NHPC board approves merger of Lanco Teesta VI hydro power project. The project will supply power at a levelised tariff of Rs 4.07 per unit and is likely to be completed in the next four years

HC dismisses petition seeking ban on fantasy sports platform Dream11. Court says games offered on platform involve skill, not chance; rules that issue of GST evasion, as alleged in the plea, will be decided by GST authorities

Uptick in passenger vehicle sales to raise aftermarket demand: ACMA. The automotive industry is shifting gears as it witnesses an uptick in vehicle consumption in the second quarter of the current financial year, ACMA said

Hindustan Zinc Q2 profit dips 6.7% to Rs 1,940 cr due to higher expenses. The company had posted a net profit of Rs 2,081 crore in the year-ago period, HZL said in a filing to BSE

Siemens Healthineers to invest Rs 1,300 cr in India innovation hub. The company also said it has plans to hire an additional 1,800 digital tech experts in the next 10 years

DCM Shriram Q2 net profit up marginally at Rs 118.37 cr on higher sales. Expenses also remained higher at Rs 1,910.48 crore, compared with Rs 1,636.95 crore a year ago.

JSPL becomes first Indian firm to develop rails for high-speed corridors. The Indian Railways has projected a requirement of 180,000 MT per annum of this high-grade 60E1 1175 Heat Treated (HT) Rails

Shriram Transport Finance raises Rs 100 cr via NCDs on pvt placement basis. The issue size was Rs 100 crore, and the tenure of the bonds is 560 days (18 months and 13 days)

Pandemic to shave off 40% operating profit of private hospitals: Report. The Crisil report released on Tuesday, however, noted that a large number of pandemic cases, which though is low-margin, will get these hospitals an additional revenue to the tune of 15-20 percent

Moody's places Vedanta Resources CFR under review for downgrade. This stems from increase in refinancing risk and large funding needs at holding company level, following firm's failure to delist Vedanta Ltd

Dr Reddy's launches Famotidine generic product in US to treat acidity. Dr Reddy's Laboratories on Tuesday said it has launched over-the-counter (OTC) drug Famotidine tablets, used to treat gastroesophageal reflux disease, in the American market. The company has launched the product, which is equivalent to Johnson & Johnson's

Govt working on letting Air India bidders decide on debt, says DIPAM Secy. The potential investors in Air India have given feedback that due to the uncertainty created by COVID-19 in the aviation sector the debt should not be fixed at the Expression of Interest (EoI) stage,

L&T Technology Services reports strong revenue and profit growth in Q2FY21. L & T Technology Services Limited, India's leading pure-play engineering services company, announced its results for the second quarter ended September 30, 2020.Highlights for Q2FY21 include:USD Revenue at 8 million; growth of 4.1 per cent QoQRevenue at

Maruti, ORIX Auto join to unveil subscription model in Pune, Hyderabad. Maruti Suzuki Subscribe offers the customers a wide range of new cars - Swift, Dzire, Vitara Brezza and Ertiga from Maruti Suzuki ARENA and Baleno, Ciaz and XL6 from NEXA.

Tata Communications appoints Kabir Ahmed Shakir as Chief Financial Officer. Tata Communications announced the resignation of Pratibha Advani as the Chief Financial Officer

HUL Q2 net up 9% YoY to Rs 2,009 crore; announces interim dividend of Rs 14. Revenue for the quarter under review came in at Rs 11,276 crore, up 16.1 per cent YoY.

Alstom to train young engineers at APSSDC training centre in Sricity. Under the Andhra Pradesh government's Skill AP initiative, this programme will upskill 30 diploma holders from across the state and make them industry-ready

Verdict on Amazon arbitration plea over Future-RIL deal expected soon. Rajah, former Attorney General of Singapore, is expected to deliver his judgment in the next few days, the sources said

Strides Pharma Science arm gets USFDA nod for Ethacrynic Acid tablets. Drug firm Strides Pharma Science on Tuesday said its step down subsidiary has received approval from the US health regulator for Ethacrynic Acid tablets, used to treat fluid retention (edema)

Zydus Cadila gets USFDA nod for overactive bladder treatment drug. Drug firm Zydus Cadila on Tuesday said it has received final approval from the US health regulator to market Solifenacin Succinate tablets, used for treatment of overactive bladder

IFC to invest mn in Indospace Logistics to develop industrial parks. The funding will provide Indospace with long-term finance against the backdrop of the Covid-19 pandemic to continue investing and developing select projects

India needs MMF fabric at right price to capture global apparel trade: AEPC. India has abundant supply of manmade fibre (MMF) and yarn but needs the fibre at the right price to capture greater share in the global apparel trade, AEPC said on Tuesday.

Ratnagiri Gas and Power approaches lenders for one-time loan settlement. The company has requested its lenders for the OTS, for which the lead lender has given in-principle approval with cut-off date considered as September 1, 2020

Motherson Sumi inks pact to acquire Bombardier's electrical wiring biz. Motherson Sumi on Tuesday said it has inked a pact to acquire Bombardier's Mexico-based electrical wiring interconnection systems (EWIS) business for around USD 10 million

Dxomark plans to engage with Indian tech companies in 2021, says CEO. Mobile camera and display rating firm Dxomark plans to visit India to engage with technology companies in 2021 to work on quality parameters of their products

IT company L&T Infotech's Q2 net profit rises 27% to Rs 457 crore. IT company L&T Infotech (LTI) on Tuesday reported a 26.7 per cent increase in consolidated net profit to Rs 456.8 crore for the quarter ended September 2020. This is against a net profit of Rs 360.4 crore in the same period a year ago, LTI said in a statem

Covid-19 impact: Reckitt Benckiser cashes in as hygiene takes centre stage. The pandemic's arrival had provided the much-needed tailwind for Reckitt Benckiser in India

Qualcomm Technologies, Reliance Jio jointly test 5G solutions for India. They have achieved over 1 Gbps speed on the Reliance Jio 5GNR solution and the Qualcomm 5G RAN Platform

Jet Airways may fly again in 4-6 months after new management takes over. Now, after the Kalrock-led consortium takes over the airline, the first task would be to retrieve its slots which were temporarily distributed among other players

L&T Infotech net rises 26.7%, announces interim dividend of Rs 15 a share. Revenue of the Mumbai-headquartered IT services firm rose 16.6 per cent year-on-year to Rs 2,998.4 crore during the period under review

Mercedes-Benz India to domestically produce AMG vehicles in India. Luxury car maker Mercedes-Benz India has decided to produce its high-end performance AMG vehicles sub-brand in India

US-based Oaktree offers Rs 20k-cr for DHFL, Piramal, Adani also in fray. Piramal offers Rs 15,000 cr for retail book, Adani offers Rs 3,000 cr for SRA, construction fin books

20 new IT firms have set up operations in Kerala amid easing of curbs. Amid easing of lockdown curbs, at least 20 new IT firms have set up operations in Kerala and five existing firms have sought more space as part of their expansion plans, the state government said

IIT alumni Prachur Sah appointed as new Deputy CEO of Cairn Oil and Gas. Cairn Oil & Gas, a unit of Vedanta Ltd, on Tuesday announced the appointment of Prachur Sah as its Deputy Chief Executive Officer. Prachur Sah earlier held the role of Director - New Ventures and spearheaded the company's expansion efforts under the Open A

Mphasis, R3 join hands to develop blockchain-based payments solution. Mphasis, an Information Technology (IT) solutions provider specialising in cloud and cognitive services, on Tuesday announced its partnership with R3, a leading global enterprise software firm.

Britannia expects rural to contribute 35% turnover in next 18 months. Food company Britannia Industries expects the rural segment to account for about 35 per cent of its total sales in the next 18 months from 30 per cent currently on the back of network expansion

Indian Energy Exchange reports 9% decline in Q2 profit at Rs 44 cr. The Indian Energy Exchange (IEX) on Tuesday reported 9 per cent decline in consolidated net profit at Rs 44.33 crore for September quarter 2020-21

Men's wear brand Indian Terrain Fashions ties up with Fairtrade India. Indian Terrain Fashions Ltd on Tuesday said it has tied up with Fairtrade India to offer fashion collections with an eye on serving the farmers of Gujarat besides protecting the environment

7-day festive sales set to break records amid order surge from small towns. With the one-week festive sales in the Covid-hit year set for grand finale on October 21

ONGC, Indian Oil Corp raise Rs 3,140 cr in debt to meet business expenses. In separate regulatory filings, the two firms said they raised the debt through non-convertible debentures (NCDs)

Britannia's net profit jumps 23% to Rs 495.20 cr in Q2, revenue rises 12%. On a sequential basis, Britannia's net profit fell 8 per cent, while consolidated revenue was nearly flat

Britannia Q2 profit rises 23% to Rs 495 cr; rebenue up 12% to Rs 3,419 cr. Total expenses were at Rs 2,822.02 crore, up 7.80 per cent from Rs 2,617.64 crore earlier

Vineet Nayyar resigns as executive VC of IL&FS Group over health issues. The board has accepted his resignation with effect from October 31, and granted him leave till then

HDFC Life's PAT rises 5.6% to Rs 326 cr in Q2, net premium income up 35%.. The insurer also saw a 15% rise in first year premium in Q2FY21 at Rs 1,675.15 crore, compared to Rs 1,452.72 crore in the corresponding period last year

Uber introduces rider mask verification selfie feature in India amid Covid. Unlike for drivers, the rider app will only prompt a passenger to take a selfie if a driver previously reported they were not wearing a mask

Paytm enters co-branded credit card biz, to add 2 mn users in 18 months. Paytm, in a statement, said it is aiming to transform the credit market by enabling ''new to credit'' users to join the digital economy

Kapil Wadhawan offers Rs 43,000 cr family assets to repay DHFL lenders. The jailed promoter of crisis-hit mortgage lender DHFL, Kapil Wadhawan, has offered his personal and family properties, which he claims are worth Rs 43,000 crore, for repayment of outstanding loans of lenders to the company. Wadhawan wrote to RBI-appointed

Kalyan Jewellers receives Sebi's approval to float Rs 1,750-cr IPO. Sebi''s observations are necessary for any company to launch public issues like initial public offer (IPO), follow-on public offer (FPO) and rights issue

Edelweiss alt investment arm raises 0 mn in largest funding this year. Investors include Ontario Teachers' Pension Plan Board, Florida's State Board of Administration, Swedish Pension Fund - AP4 and a European insurance investor

Edelweiss raises Rs 6,600 cr AIF, plans to raise bn fund for realty. The arm is looking to raise an alternative investment fund (AIF) of over USD 1 billion next year to invest in realty assets.

Inox Wind bags 40 MW orders from retail customers across various industries. The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka

Will the IPO everyone is waiting for come this year? Find out LIC 'plans'. In this podcast, Business Standard's Shrimi Choudhary discusses what has been done so far in the LIC IPO, what needs to be done to be on track and about the complexities surround the listing

HUL Q2 preview: Revenue may rise up to 19% YoY on GSK Consumer acquisition. Recovery in rural business, pricing actions, and new launches will be the key monitorables.

Centre asks at least eight state-run companies to consider buybacks: Report. "Buyback is an important tool in our strategy and it helps in building market price," the second source, who also spoke on condition of anonymity, said

Resolution plan for ACCIL approved by NCLT, says JSW Steel subsidiary. JSW Steel had emerged the highest bidder for the company in June last year with an offer of Rs 1,550 crore

Looking to expand presence, Vestas bets on India specific wind turbines. The expansion plans of the Danish major comes at a time when India saw its lowest-ever wind power capacity addition during last fiscal year

Latest stock market News for tomorrow Access previous news reports: 1286128712881289129012911292129312941295129612971298129913001301130213031304

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NSE share market NEWS tomorrow (21 October, 2020). NSE stocks in NEWS (tomorrow)

 

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