NSE share market NEWS tomorrow (18 September, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (18 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 September 2020
Dr Reddy was amongst the top gainers, currently trading at 5333.35 in NSE with 2.608 times change in volumes and 10.484% change in price. Other gainers included Cipla with 7.285% price change and 5 times volumes, Laurus Labs with 6.549% price change and 1.985 times volumes, Oberoi Realty with 5.233% price change and 1.423 times volumes, and Lupin with 4.705% price change and 4.976 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.
Himachal Futuristic was amongst the top losers, currently trading at 14.60 in NSE with 2.092 times change in volumes and -5.195% change in price. Other losers included Suzlon Energy with -4.615% price change and 5.01 times volumes, Trent with -4.415% price change and 7.91 times volumes, 8 20 with -3.953% price change and 1.937 times volumes, and Dixon Techno with -3.512% price change and 3.889 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.
HC orders removal of Harsh Vardhan Lodha from MP Birla group companies. Lodha ceases to hold all positions in Birla group, including as director in companies and other positions in trusts, societies
Kia Motors launches Sonet, priced between Rs 6.71 lakh and Rs 11.99 lakh. South Korean auto major Kia Motors on Friday launched its compact SUV Sonet in India, priced between Rs 6.71 lakh and Rs 11.99 lakh (ex-showroom), marking its foray into the highly competitive segment
India public cloud market to reach Rs 63,000 crore by FY25: Nasscom. India's public cloud market stood at Rs 17,000 crore in FY2020 and is expected to grow at about 30 per cent CAGR to reach Rs 63,000 crore by FY2025, a report by industry body Nasscom said
TRAI issues rules for clear communication of tariff plans, terms by telcos. TRAI issued a fresh set of rules for publication and advertisement of tariff plans by telcos, in a bid to boost transparency in mobile offers and to help subscribers make informed decisions
EBITDA margin of Print Media to shrink by 10% in FY21: India Ratings. India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21
Delight for some, dismay for others as WFH here to stay for many companies. Almost six months later, the pandemic still rages, and the work from home arrangement that started as a temporary fix is set to continue in many companies, to the delight of some and dismay of others
Paytm missing from Playstore; Google says won't allow gambling. Google doesn't specifically name the payment app in separate blogpost; Other apps such as Paytm Mall, Paytm For Business and Paytm Money still available
United Spirits names Pradeep Jain as CFO; Churiwala gets global role. United Spirits Ltd on Friday said its Executive Director and Chief Financial Officer (CFO) Sanjeev Churiwala will be elevated at its parent Diageo as Regional Finance Director APAC
Paytm says users money safe after Google removes app from Playstore. Paytm is India's leading digital payments app, claiming over 50 million monthly active users
Zydus Cadila gets USFDA nod to market mineral supplement tablets. Zydus Cadila said it has received approval from USFDA to market potassium chloride extended release tablets, a mineral supplement used to treat or prevent low amounts of potassium in the blood
Tata Capital to step up corporate finance lending to better rated borrowers. Tata Capital's book size increased from Rs 77,110 crore as at March 31, 2019 to Rs 77,610 crore as at March 31, 2020, on a consolidated basis
Huawei launches advertisement campaign showing its commitment for India. The company launched the campaign on the eve of completing 20 years of presence in the country
Future Enterprises defaults on commercial paper repayment worth Rs 90 cr. "The delay in reporting is due to efforts being made by the company to make payment by mobilising certain funds to make payment and then submit report of having repaid with delay," FEL said
Paytm returns hours after Play Store exit over alleged policy violation. Google says it violated gambling policy; Paytm asks if cash back is gambling
Amazon, Samara Capital invest Rs 275 cr in supermarket chain More's parent. Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share
Apple sets festive tone with date for much-anticipated India online store. Tim Cook announces September 23 launch, ahead of flagship stores in 2021
PGCIL didn't recover Rs 6,853 cr relinquishment charges from customers: CAG. The CAG observed that total 26,836 MW of LTA were surrendered by the customers from September 2010 to March 2018
PropShare Capital launches second distressed assets fund worth Rs 100 cr. Commercial real estate investment platform PropShare Capital on Friday launched its second distressed assets fund since the outbreak of the pandemic with a corpus of Rs 100 crore.
Chemcon Speciality Chemicals garners over Rs 95 cr from anchor investors. Chemcon Speciality Chemicals Ltd on Friday raised over Rs 95 crore from anchor investors ahead of its initial Chemcon Speciality Chemicals garners over Rs 95 cr from anshare sale that opens on Monday.
RITES announces buyback of 9.6 million shares worth up to Rs 257 crore. Transport Infrastructure Consultancy and Engineering firm RITES Ltd on Friday said its board has approved buyback of 9.6 million shares with repurchase amount not exceeding Rs 257 crore
Tea Board orders closure of factories in Dec to curb poor tea production. The order will be mandatory for all the gardens in Darjeeling, Sikkim, Assam, Dooars and Terai regions of north Bengal, Tea Board sources said
Confident of delivering stronger performance in FY21, says Emami founder. Emami is confident of delivering a "stronger performance" in FY21, despite a 26 per cent degrowth in sales in the Covid-impacted April-June quarter, company founder R S Goenka said
Paytm returns to Play Store after suspension over violating Google policies. Vijay Shekhar Sharma says suspension was over cashback offer
Covid-19 impact: AAI likely to slip into red for first time in FY21. However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21
Air India to fetch better valuation if sold with zero debt, say bidders. Debt-free airline is a good opportunity to invest, say prospective buyers
Covid-19 impact: Ed-Tech boom may create more opportunities for women. Teamlease Services alone has seen ed-tech companies post more than 20,000 jobs on the job portal in the last three months
Angel Broking to launch Rs 600-cr initial public offering next week. Angel Broking will be looking to ride the boom in broking industry seen this financial year
Fan manufacturers want GST for sector to be lowered to 5% from 18%. Indian fan manufacturers on Thursday sought lower GST rate at 5 per cent on fans, saying the existing 18 per cent tax is "adversely" impacting the industry
Supreme Court rejects SBI plea for resuming IBC case against Anil Ambani. The case is among the first high-profile ones after rules were set for personal bankruptcy last year
MAIT appoints Nitin Kunkolienker as president, appoints 15 new members. The Manufacturers' Association of Information Technology (MAIT) on Thursday said Nitin Kunkolienker, director (member on board) of Synegra EMS Ltd, has been named as the body's president for 2020-21.
Tata Tele Maharashtra shareholders approve fund raising of up to Rs 5000 cr. The company also sought shareholders nod to issue non-convertible debentures of up to Rs 2,500 crore on private placement basis
Supreme Court to begin hearing SBI's plea against Anil Ambani today. A banker said Ambani has objected to the SBI invoking personal guarantees under the Corporate Debtors Regulations, 2019
State infrastructure development authorities MMRDA, MSRDC swap projects. According to reports, the decision to swap the projects was taken during a meeting between the two authorities in August
Anil Agarwal's Vedanta wins case for 9-million arbitration award claim. Setback for govt as Supreme Court allows the company higher cost recovery for Ravva field
Non-payment of dues forces ONGC to withdraw from Sudan oil fields. ONGC Videsh (OVL), the overseas investment arm of the state-owned firm, as also its Chinese partner CNPC and Malaysia's Petronas have withdrawn from the block, a top company official said
BSNL sources 44% of its mobile network equipment from ZTE, 9% from Huawei. More than 44 per cent mobile network equipment of state-run BSNL is sourced from Chinese firm ZTE and 9 per cent from Huawei, Parliament was informed on Thursday
Toyota refutes official's claim, says 'deeply committed to Indian market'. Toyota said it remains deeply committed to the Indian market, refuting once again the claims by a senior company official earlier that it would stop further expansion in India over high taxes
SC rejects SBI plea to vacate stay on invoking Anil Ambani's personal guarantees. While the personal guarantee matter is being heard by the SC, the fate of dues worth Rs 45,000 crore, including to the Chinese banks, will be decided by the NCLT where the matter is still pending
MakeMyTrip announces foray into United Arab Emirates for expansion. MakeMyTrip announced its foray into the United Arab Emirates with its portfolio of travel offerings across Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras Al Khaimah and Umm Al Quwain.
L&T Construction bags orders for metallurgical, material handling business. Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has received 'significant' orders for its metallurgical and material handling business The company did not provide the value of the contracts, but said the orders fall under
Ashok Leyland to supply 1,400 ICVs to logistics start-up Procure Box. The manufacturer will supply its product Ecomet and the order will be executed in the next 5-6 months
Walmart announces Rs 180 cr grant to help smallholder farmers in India. Walmart Foundation announced two new grants as part of a commitment made in September 2018 to invest 25 million dollars (about Rs 180 crore) over five years in improving farmer livelihoods in India
JMC Projects bags orders worth Rs 1,342 cr in home, international market. Engineering firm JMC Projects (India) on Thursday said it has bagged orders worth Rs 1,342 crore in the domestic and international markets
LG Chem plans to separate electric car battery business as a new company. South Korea's LG Chem said it plans to separate its battery business as a new company in December
Livspace to invest mn to scale Neo platform, start modular labels. Bengaluru-based Livspace on Thursday said it will invest USD 30 million (about Rs 220.7 crore) to scale Neo, its proprietary design-to-manufacturing-to-installation platform.
Happiest Minds' stock doubles in stellar debut, closes 123% above IPO price. This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent
Hindustan Zinc to seek board approval to raise up to Rs 4,000 cr via NCDs. The company proposes to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 4,000 crores in one or more tranches, HZL said
250 distressed firms rescued under insolvency law till June: IBBI chief. The Insolvency and Bankruptcy Code has been in force for four years and provides for a time-bound and market-linked resolution framework for stressed assets
IKEA Retail expands footprint, sets up global operations centre in India. The move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprint, the company said
7 Air India planes leased from Ireland-based SPVs of Chinese firms: Puri. Seven of Air India's narrow-body aircraft have been leased from Ireland-based special purpose vehicles (SPVs) of Chinese companies, Civil Aviation Minister Hardeep Singh Puri said on Thursday.
Hospitality major EIH gets board approval to raise up to Rs 350 cr. The rights issue price has been fixed at Rs 65 per equity share, including a premium of Rs 63 per equity share over face value of Rs 2 per share, it added
Vedanta's Anil Agarwal, Centricus team up for turnaround investment fund. The fund will also target companies restructuring under India's bankruptcy regime, the people said
Air India's Q1FY21 net loss stands at around Rs 2,570 crore: Puri. Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the year ago period, Civil Aviation Minister said
SP slaps notice on Tata Sons board, seeks damages for blocking fund raise. Notice questions actions of Tata Sons independent directors, Mistrys say they are duty bound to protect interests of minority shareholders
Byju's acquires 3D virtual lab startup LabInApp to bolster edtech presence. With this, Bjyu's, which is currently valued at around billion, has already acquired half a dozen apps in edtech platforms in a bid to become a super app in the edtech space
Hindustan Copper enters long-term deal to supply concentrate to Hindalco. With this partnership, the companies have moved towards import substitution; Hindustan Copper is the only producer of concentrate in India
VIL drops faster speed claim in RedX offering, files revised plan with Trai. Faced with regulatory heat on its controversial plan, VIL has dropped faster data speed claims, which formed a prominent part of its pay-more-for-priority-treatment offering
TVS Motor expands ops in Colombia, announces partnership with Auteco SAS. Autotecnica Colombiana SAS will operate 50 exclusive dealerships exclusive of TVS Motor Company and will create dedicated space for the brand in over 600 retail outlets
GoAir partners Stemz Healthcare to offer Covid-19 testing to passengers. Budget carrier GoAir on Thursday said it has partnered Stemz Healthcare to offer coronavirus testing facility to its domestic and international passengers
More than 1,000 listed companies file June quarter numbers in September. Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark
Flipkart plans overseas listing in 2021, seeks bn valuation: Report. Flipkart is likely to choose between Singapore, or the United States for the initial public offering
Tata Projects wins bid to construct new parliament building: Officials. The Tata Projects Limited on Wednesday won the bid to construct a new Parliament building at a cost of Rs 861.90 crore, officials said. The L&T Ltd had submitted a bid of Rs 865 crore, they said. "The Tata Projects Limited has won the contract to build a n
Tencent investing .8 mn in Flipkart amid China-India border row. "Our calculations based on available data indicate that Tencent holds a stake in the range of 4 - 5.3 per cent," said Paper.vc
Airlines in India seek .5 bn in interest-free credit line, says govt. Carriers are also seeking to defer loan repayments by six months, aviation minister tells Parliament.
Titan ticks with Covid times to roll out contactless payments watches. Titan Pay range, launched in tie-up with SBI, allows bank's YONO account holders to tap the watch on contactless payment POS machines without having to swipe or insert bank card
Despite market volatility, LIC made Rs 13k cr profit in equity till Aug: MD. The insurer has collected about Rs 87,300 crore of renewable premium till August this year, registering a growth of 13.5 per cent over the same period of the last fiscal
Shiprocket launches accelerator program, to invest Rs 3.5 cr in startups. Shiprocket said the program is designed to help D2C (direct to consumer) startups scale up
Dalmia Cement buys Indian Energy Exchange shares worth over Rs 144 cr. Dalmia Cement (Bharat) Ltd on Wednesday purchased shares of the Indian Energy Exchange (IEX) worth over Rs 144 crore through an open market transaction.
Tata Power, India Power Corporation submit bids for three discoms in Odisha. The bids were called earlier this year for Western, Southern and Northern Electricity Supply Companies, namely WESCO, SOUTHCO and NESCO.
Byju's unveils 'Education for All' to empower 5 mn children by 2025. The programme aims at democratising education by ensuring that children across all economic backgrounds get equal access to quality learning opportunities.
After decade-low in July, Reliance Industries oil import up 58% in August. Reliance's oil imports in August rose about 58 per cent from July to 1.22 million barrels per day
Exodus of senior management at GoAir continues as 2 more executives quit. Their departure comes close on the heels of half-a-dozen other senior executives, including the then CEO Vinay Dube quitting the carrier last month
SpiceJet starts cargo service in North East, strengthens supply chain. The service will carry both perishable and general cargo to 44 international destinations of the SpiceJet network, Singh said through video link from New Delhi
P&G Health June-quarter net profit jumps 11% to Rs 49 cr despite low sales. Procter & Gamble Health, formerly known as Merck, on Wednesday reported a 10.8 per cent jump in June quarter net profit at Rs 48.9 crore. The profit growth came despite a fall in sales to Rs 200.3 crore due to the COVID-19 pandemic, as against Rs 224.9 cro
Sterling and Wilson Solar June quarter net falls 62% to Rs 17.22 cr. Sterling and Wilson Solar Ltd said its consolidated net profit dipped 62 per cent on a year-on-year basis to Rs 17.22 crore in the June quarter mainly due to lower revenues
Gold refiner Rajesh Exports June quarter net falls 50% to Rs 152.13 crore. Rajesh Exports has reported 49.61% fall in consolidated net profit at Rs 152.13 crore for the quarter ended June 30, 2020
Airtel partners with STL to build densely fiberised digital network. A leading integrator of data networks Sterlite Technologies Ltd has announced a partnership with Bharti Airtel to build a modern optical fibre network across 10 telecom circles
L&T Technology Services, UK's Exponential-e to offer workplace solutions. L&T Technology Services (LTTS) on Wednesday announced a partnership with UK-based Cloud, connectivity and communications services provider, Exponential-e to jointly offer workplace transformation solutions to customers working in the post-COVID environm
ACKO raises million from Munich Re and other existing investors. The digital insurance company had raised around million last year from Binny Bansal and Ascent Capital
Insurance firm ACKO raises Rs 441 crore in funding round led by Munich Re. Insurance firm ACKO on Wednesday said it has raised about Rs 441.8 crore in a funding round led by Munich Re Ventures
Vedanta wins case for 9 mn award claim; SC rejects govt plea. Court rejects government's petition, which had said that billionaire Anil Agarwal's company, along with Videocon Industries Ltd., is entitled to recover only 8.5 million
Revenues of Indian airlines fell 85.7% in April-June due to Covid-19: Puri. The revenue of Indian airlines fell by 85.7% to Rs 3,651 crore during the first quarter of 2020-21 in comparison to the corresponding period a year ago due to Covid-19, said Hardeep Singh Puri
Promoters of Sterling & Wilson Solar to now repay pending loan by Sept 2021. Company has extended the repayment timeline from the earlier Sept 2020
The drought for India's IPOs may be easing in their worst year since 2016. A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years
Blackstone, Partners Group Holding in race to acquire Piramal Glass. Parent to seek billion valuation from unit sale
Will invest Rs 2,000 crore in India: Toyota Kirloskar Motor chairman. High GST rates taking a toll on volumes, says Viswanathan
Adani Green Energy's market valuation crosses Rs 1 trillion mark. The company is also Adani Group's most valued firm in terms of market valuation
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