NSE share market NEWS tomorrow (15 September, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (15 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 15 September 2020
Trent was amongst the top gainers, currently trading at 747.85 in NSE with 1.117 times change in volumes and 7.542% change in price. Other gainers included Mphasis with 5.845% price change and 0.736 times volumes, Amber Enterprises with 5.74% price change and 0.827 times volumes, Bse with 5.733% price change and 3.461 times volumes, and Apl Apollo with 5.373% price change and 0.736 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.
Prestige Estates was amongst the top losers, currently trading at 254.50 in NSE with 0.261 times change in volumes and -3.653% change in price. Other losers included Himachal Futuristic with -3.086% price change and 0.987 times volumes, Multi Commodity with -2.747% price change and 0.191 times volumes, National Buildings with -2.569% price change and 0.59 times volumes, and National Aluminium with -2.557% price change and 0.67 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.
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
Ecom Express to create 30,000 temporary jobs ahead of festive sales. E-commerce firms see a large chunk of their business coming in during festive sales and they make significant investments ahead of time to ramp up capacity
Roca Parryware inching towards pre-Covid level sales: MD Ranganathan. All its eight manufacturing units in India are operational and running at 92 per cent of their capacity, he said
At 0-billion market capitalisation, Reliance Industries isn't like FAANG. Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the 0-billion milestone
India to be self-reliant in fertilisers production by 2023: Gowda. Currently, the fertiliser production of the country is 42-45 million tonnes, and imports are at around 18 million tonnes, according to the official data
EAC reviews Chennai Petroleum Corp's 9.0 MMTPA project in Tamil Nadu. The project would be an integrated state-of-the art modern refinery cum petrochemical complex, including a propylene unit to start with, Vaidya said
Flyers can take videos in flights but can't use recording gadgets: DGCA. On Saturday, the regulator had said that a scheduled flight will be suspended for a period of two weeks if anyone is found taking photographs inside the plane
Kolkata Port Trust receives Rs 20 cr dues by selling Russian vessel. The ship was arrested under the jurisdiction of the admiralty bench of the Calcutta High Court on the day of its sailing from the HDC in 2017 for not paying dues
Somany Home Innovation eyes up to 35% growth in business this fiscal. SHIL, which operates under segments such as consumer appliances, home retail solutions and furniture and kitchen fittings business, had reported a revenue of Rs 451.44 crore in FY 2019-20
Off-highway tyre-maker ATG to invest Rs 1,240 cr in 3rd plant at Vizag. Off-highway tyre-maker Alliance Tire Group (ATG), owned by the Japanese major Yokohama Group, is setting up its third plant in the country in Visakhapatnam with an investment of USD 165 million (around Rs 1,240 crore). The proposed USD 165-million plant wi
BEL upbeat on defence biz prospect, seeks to ride govt's self-reliance push. Defence contributed 82 per cent of sales revenue of BEL in 2019-20, up from 68 per cent in the previous fiscal
Tamil Nadu software exports at Rs 25,000 cr in last 6 months: STPI. "For achieving the target ( trillion) Tamil Nadu has to at least contribute 0 billion to the GDP," Tyagi said
Durables firms prepare for Dussehra-Diwali amid slow economic recovery. Over a third of durable sales happens in the festive season, with companies setting themselves up for the season from Aug-Sept, pushing their products into trade and lining up their festive campaigns
IT peripheral firm BenQ expects India business to grow 15-20% in 2020. Before Covid-19, two-thirds of BenQ's business came from sales of projectors and interactive flat panels and one-third of business was being contributed by monitors
Will focus on three-pronged strategy to drive growth: Zydus Wellness. The company is also planning to enter new markets with relevant offering as part of expanding its geographical footprint, Zydus Wellness said
Boeing executives defend safety decisions in development of 737 MAX. Leverkuhn defended the decision to tie a new safety system on the MAX, called MCAS, to a single sensor that has been implicated in both fatal crashes
Gilead nears deal to buy Immunomedics for more than billion: Report. Discussions between Gilead and Immunomedics were initially centered around a partnership before shifting to a full-fledged takeover negotiation
Nvidia nears deal to buy chip designer Arm for more than bn: Report. (Reuters) - Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than billion (£31.26 billion) in a deal which would create a giant in the chip industry, according to two people familiar with the
Gilead nears deal to buy Immunomedics for more than bn: WSJ report. Gilead Sciences Inc is said to be nearing a deal to buy biopharmaceutical company Immunomedics Incfor more than billion in a deal that would further expand Gilead's portfolio of cancer treatments
CCI gives approval to Carlyle Group's 20% buy in Piramal Pharma. Piramal Enterprises, in a regulatory filing, in June had said Carlyle Group Inc would buy 20 per cent stake in Piramal Pharma for around 0 million (over Rs 3,700 crore).
Murugappa's parent firm to decide Valli Arunachalam's induction on Sept 21. The 59-year-old Arunahcalam waged a lone battle against seven other branches of the family for a position on the eight-member all-male board of AIL
Three entities sell Amber Enterprises shares worth over Rs 694 cr. As per NSE''s bulk deal data, promoter of Amber Enterprises, Kartar Singh, offloaded 275,000 shares of the firm for Rs 50.63 crore
From veggie tacos to healthcare: Dabur's Gaurav Burman opens up on his bets. Burman, 48, runs his family office, which oversees about .5 billion in assets
'Vi' becomes the co-presenting sponsor of Dream11 IPL 2020. The sponsorship announcement comes close on the heels of Vodafone Idea Limited's rebranding under a unified identity - Vi
For big tech, all roads to India's digital space seem to go through Ambani. The 63-year-old Indian tycoon has identified technology and retail as future growth areas in a pivot away from the energy businesses he inherited from his father
Hexaware promoter raises 0 mn; to partially use for delisting shares. A voluntary delisting of Hexaware Technologies from the BSE and the NSE is being undertaken
Hindustan Copper board defers decisions of proposals due to less time. "Due to paucity of time, the.... proposals could not be discussed and deferred by the board," it said in a regulatory filing
Motherson Sumi upsizes its NCD issue to Rs 2,130 cr using greenshoe option. Overall, 24 investors (including 23 qualified institutional buyers) have invested in the non-convertible debentures (NCDs)
Citigroup's next CEO has a Herculean task: Turning the bank around for real. When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her
BHEL Q1 loss widens to Rs 893.14 cr; lockdown adversely impacts operations. State-run engineering firm BHEL's consolidated net loss widened to Rs 893.14 crore for the quarter ended June as coronavirus-induced lockdown had an adverse impact on its operations
With Happiest Minds, 77-year-old Ashok Soota hits IPO jackpot a second time. Happiest Minds, which gets almost all of its revenue from digital services, is one of two IPOs this week to woo Indian investors
Adani Green Energy reports Rs 21.75 crore profit for June quarter. Adani Green Energy on Friday posted a consolidated net profit of Rs 21.75 crore for June quarter mainly on the back of higher revenues
Sebi shortlists Bharti Airtel, Wipro, others to revamp IT infra network. Markets regulator Sebihas shortlisted eight companies including Bharti Airtel, Wipro and Tata Communications to revamp its IT infrastructure network and communication systems
Adani Ports & SEZ raises Rs 900 cr through NCDs on private placement basis. Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convertible debentures (NCDs) on a private placement basis
JSW Steel may bid for Gontermann Peipers as firm gets admitted to NCLT. The cast and forged rolls maker was admitted to NCLT last December after an operational creditor filed an application under Section 9 of the Insolvency and Bankruptcy Code
India Inc's EBITDA to shrink 24% in FY21 due to Covid disruptions: Moody's. Moody's said recovery will gather pace in the third quarter of fiscal 2021 (Q3Fy21) as the lifting of lockdown releases pent-up demand and helps to normalise economic conditions
Mukesh Ambani's chutzpah unlocks another fortune for Reliance Industries. In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business
Mahindra & Mahindra terminates share purchase pact with CLP India. M&M had announced that its wholly-owned arm Mahindra Renewables would sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group
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