NSE share market NEWS tomorrow (16 September, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (16 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 September 2020
Dlf was amongst the top gainers, currently trading at 163.35 in NSE with 2.072 times change in volumes and 5.014% change in price. Other gainers included Pg Electroplast with 4.648% price change and 0.319 times volumes, Mahindra Mahindra with 4.238% price change and 4.991 times volumes, Dr Reddy with 4.177% price change and 1.19 times volumes, and Prestige Estates with 4.126% price change and 1.702 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.
Steel Authority was amongst the top losers, currently trading at 38.00 in NSE with 0.634 times change in volumes and -3.676% change in price. Other losers included Blue Star with -2.965% price change and 0.486 times volumes, Mphasis with -2.398% price change and 0.825 times volumes, Amber Enterprises with -2.264% price change and 0.27 times volumes, and Idea Cellular with -2.128% price change and 0.214 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.
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
Swiggy delivery executives in Hyderabad to go on strike demanding hike. Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges
Tata Steel inks deal with Workers' Union to pay annual bonus to employees. The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20
SAIL reports over Rs 1,226 cr net loss in Q1 due to reduced income. The company had posted Rs 102.68 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing
ITI Ltd June quarter loss widens to Rs 102 cr due to Covid-19 crisis. The company had posted a loss of Rs 61 crore in the corresponding period of the preceding fiscal
Srei reports 46% decline in net profit at Rs 23 cr for June quarter. The company's net profit stood at Rs 42.67 crore during the same quarter a year ago
Ludhiana tweeted about romance; Mumbai got nostalgic in 2019: Twitter. Twitter India study says talked about themes last year were on animals, celebrations, celebrities, humour, romance and sports.
Multiplex group appeals to govt to reopen cinemas, says jobs are at stake. Appealing to the govt to allow theatres to reopen, the Multiplex Association of India said the sector that provides employment to lakhs had lost an estimated Rs 9,000 crore in the last six months
Apollo hospitals says September occupancy levels up 60% after dip. The hospital chain says it has taken various cost saving measures that will help it save Rs 200 cr this financial year
Billionaires worldwide are now lining up to take their companies private. Companies have already announced billion of transactions to be taken private by a related party this year, up about 2,500% from the same period in 2019
Big Billion Days to create 70,000 seasonal jobs in festive season: Flipkart. Walmart-owned Flipkart said it will help generate over 70,000 direct and lakhs of indirect seasonal jobs in the country ahead of the festive season and its Big Billion Days (BBD) sale
Flipkart says Big Billion Days will create 70,000 direct jobs in festivals. Flipkart is undertaking training programmes for its direct hires in various aspects of the supply chain
Ratan Tata backed CashKaro raises mn from investors in Series B funding. The company had previously raised their Series A and angel round of funding from Kalaari Capital, Ratan Tata, and London-based angel investors
PVR Q1 loss at Rs 226 cr as revenue nil from core movie exhibition business. PVR Cinemas suffered a consolidated loss after tax of Rs 226 crore in Q1 of the current financial year as compared to a profit of Rs 18 crore during the corresponding period of last year
Minda Industries raises over Rs 242 crore through rights issue. Auto components maker Minda Industries on Tuesday said it has raised over Rs 242 crore by way of a rights issue to existing investors
Nayara Energy sees diesel recovery to pre-COVID-19 level by end-2021. Diesel demand growth is likely to return to pre-COVID-19 levels by the end of 2021 or early 2022, said Ashutosh Deshpande at the Platts APPEC 2020 virtual conference
Sachin Tendulkar pads up as brand ambassador for Paytm First Games. The company has also set aside Rs 300 crore for investing in growing the market for fantasy sports and other online gaming events during this financial year
Full recovery in consumer durables will be long drawn affair: Analysts. Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times
Promoting IT sector to make Tamil Nadu as hub of South Asia: Govt. Tamil Nadu was actively promoting the Information Technology sector with the objective of making it an Information and Communication Technology hub of South Asia
Novavax, Serum Institute to produce 2 bn Covid vaccine doses under new deal. The U.S. company's vaccine is in mid-stage trials after an early-stage trial showed it produced high levels of antibodies against the novel coronavirus
Indiabulls Housing Finance gets short-term A1+ rating from Brickwork. The rating committee of Brickwork Ratings has assigned short term rating at ''BWR A1+''. The long term rating has been reaffirmed at ''BWR AA+'', the company said in the regulatory filing
NPPA extends price cap on knee implants by a year to September 2021. A few weeks back, the pricing regulator had extended the price cap by a month after the earlier order validity ended in August
Future Enterprises reports Q1 net loss at Rs 323 cr due to Covid lockdown. Its total expenses were at Rs 639.27 crore as against Rs 1,440.93 crore, down 55.63 per cent
Nasscom submits feedback on non-personal data draft report, identifies gaps. The body said mandating data sharing could reduce incentives to invest in the collection and processing of data
Perfect Relations founder Dilip Cherian opts out of Taj GVK board. The move comes just days after the hotel company said in a regulatory filing on September 10 that the board had approved Cherian's appointment as a director for five years
Sebi allows Hexware to extend delisting offer by one more day to Sept 16. The cut-off date for Registrar to provide acceptance details is September 29, 2020, while the settlement date has been revised to September 30, 2020, the filing said
Signs of green shoots in PVs, two-wheelers: Exide CEO Gautam Chatterjee. Many OEMs have registered improved sales vis-a-vis the past couple of months, and these bring back a sentiment of resolve to the sector, he said
IRB Infra arm inks pact with NHAI for Vadodara-Mumbai Expressway stretch. The company said the construction period for the stretch is 730 days, while operation period is 15 years
Exide Industries developing solutions for hybrid, electric vehicles. Lead acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles, a company official said on Tuesday. A lithium-ion JV has been formed and is well placed with an assembly line having a c
Parliamentary panel bats for abolishing LTCG on startup investments. This should apply to investments made through collective investment vehicles such as angel funds, alternate investment funds and investment LLPs
Caught in Covid air pocket, SpiceJet posts Rs 593-crore pre-tax loss in Q1. Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period
Aurobindo gears up for multiple Covid-19 vaccines, ties up with CSIR. Developing own candidate; to develop and make CSIR vaccine candiates
We continue to remain committed to India operations: Toyota Kirloskar Motor. The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India
Signs of green shoots in passenger vehicles and two-wheelers: Exide. Chatterjee informed that two new companies - MG Motor (with its Hector model) and KIA Motors (with its Seltos) started this year with 100 per cent use of Exide batteries
Covid-19 impact: SpiceJet posts Rs 600.5 crore loss for June quarter. Budget carrier SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown
LIC's FY21 business will be higher than last year: Chairman Kumar. The life insurer hopes to sell 22 million policies and collect Rs 51,300 cr in first year premium income from individual business this financial year
Over 1,600 firms got bn FDI from China during Apr 2016-Mar 2020: Govt. The automobile industry received the maximum FDI from China at 2 million
Govt weighs dropping debt condition in plan to sell Air India: Report. Despite the losses, the airline has some lucrative assets which include prized slots at London's choked Heathrow airport, a fleet of more than 100 planes and thousands of trained pilots and crew
Transformers and Rectifiers (India) reports Rs 3.6 crore loss for Q1. Transformers and Rectifiers (India) on Monday reported a consolidated net loss of Rs 3.6 crore for June quarter 2020-21 mainly due to lower revenues
Ashok Leyland expands LCV offering in bid be among top-10 global CV players. The CV major has said that LCV will be one of the three major levers to drive company's future growth
Carlyle, SoftBank put on waiting list for Reliance Retail stake: Report. Reliance Industries plans to sell about a 10% stake in Reliance Retail to financial investors and almost all the .7 billion worth of shares have been taken up
Tiger Global, others invest 5 mn in parent of IPL title sponsor Dream 11. Avendus Capital was the financial advisor in Series-E round that also saw participation from TPG Tech Adjacencies, ChrysCapital and Footpath Ventures
Facebook India names ex Ola exec Arun Srinivas Head for Global Business. Social media giant Facebook on Monday said it has appointed former Ola executive Arun Srinivas as the Director of Global Business Group in India
Wipro, US-based ProcessMaker ink pact to serve customers in Latin America. Wipro Limited and ProcessMaker announced a partnership for delivering workflow management solutions to the Bengaluru-headquartered firm's customers in Latin America
Infosys to acquire Czech-based GuideVision for up to 30 million euros. IT services major Infosys on Monday said it will acquire Czech Republic-based GuideVision for up to Rs 260.4 crore
Edtech leads investments in education sector; .1 bn poured in 2020. With Covid-19 changing how education is imparted, education sector received the highest-ever annual investment in this year
L&T bags multiple orders across business segments in domestic market. Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has received multiple orders across business segments in the domestic market. The company did not provide the value of the contracts, but said the orders fall under the signif
Carlyle may take billion stake in retail arm of Reliance: Report. Carlyle Group is looking to invest up to billion in Reliance Industries' retail business
iPhone makers among biggest winners in India's .6 bn manufacturing plan. At a cabinet meeting on Wednesday, the Indian government is expected to approve a plan aimed at bringing 0 billion in mobile-phone production over the next five years
Vedanta Resources leads India surge in dollar loans to fund local buyouts. Vedanta, the London-based commodity conglomerate controlled by billionaire Anil Agarwal, raised a .75 billion facility in August to finance a plan to take its Indian unit private
CCI rejects unfair biz practices complaint against Amazon Seller Services. The ruling came on a complaint filed by Lifestyle Equities C V and Lifestyle Licensing B V
NBCC Q4 net profit down 41% at Rs 83.77 cr, total income drops Rs 2,651 cr. Its net profit stood at Rs 142.45 crore in the year-ago period, the company said in a regulatory filing
Indiabulls Housing raises Rs 1,205 cr via QIP, stake sale in OakNorth. The non-banking finance company (NBFC) has raised Rs 682.87 crore through the QIP and Rs 522 crore from the partial stake sale
Trai rules out intervention for OTT services; COAI says issues unaddressed. Trai further said that no regulatory interventions are needed for privacy and security related issues of OTT services for now
Ronnie Screwvala's upGrad aims to take higher education offerings overseas. upGrad has earmarked Rs 500 crore for investments in the next 18-24 months for its overseas expansion
Despite Covid-19, Tata Steel to pay Rs 235-cr bonus to employees for FY20. The memorandum was signed by Tata Steel CEO and Managing Director T V Narendran and TWU President R Ravi Prasad
Vedanta Resources leads India surge in dollar loans for local buyouts. Vedanta raised a .75 billion facility in August to finance a plan to take its Indian unit private, and is in talks with banks for a further 0 million
McLeod Russel pre-tax loss at Rs 94.9 cr in Q1 due to crop loss, lockdown. Total income for quarter down 28% at Rs 245.83 cr, net loss stood at Rs 90.52 cr as against a loss of Rs 11.64 cr a year ago
Future Ret posts pre-tax loss of Rs 562 cr in Q1, revenue falls 74%. The weak results come amid the sale of retail assets of the Future group to Reliance in a nearly Rs 25,000-crore transaction, which was announced last month
Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture. The firm said it plans to focus on early-stage and growth-stage companies dealing with areas such as cloud infra, AI, machine learning and mobile
Apollo Hospitals reports Q1 pre-tax loss of Rs 267 cr, revenue down 16%. The chain's health care services and clinics were under pressure during the quarter, while pharmacy biz showed positive growth in revenue and profitability
TCS becomes second Indian firm to cross Rs 9 trillion market valuation mark. Tata Consultancy Services (TCS) on Monday became the second Indian company to attain a market valuation of Rs 9 trillion after Reliance Industries Limited
Hexware delisting hangs in balance with 25 mn more shares needed. About 58 mn shares tendered so far, and just a day left to achieve mandatory 90% acquisition target
Micron Technology partners top varsities to foster tech innovations. The US-based company has introduced the Micron University Research Alliance (URAM), which will focus on building talent in science, technology, engineering and math
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