NSE share market NEWS tomorrow (21 September, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 September 2020
Supreme Industries was amongst the top gainers, currently trading at 1455.15 in NSE with 0.61 times change in volumes and 2.389% change in price. Other gainers included Oracle Financial with 1.847% price change and 1.31 times volumes, Torrent Power with 1.565% price change and 2.873 times volumes, Tata Elxsi with 0.852% price change and 0.568 times volumes, and Kotak Mahindra with 0.842% price change and 1.051 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.
Jindal Steel was amongst the top losers, currently trading at 174.40 in NSE with 4.304 times change in volumes and -12.052% change in price. Other losers included Indusind Bank with -8.578% price change and 1.514 times volumes, Idea Cellular with -7.556% price change and 0.913 times volumes, Aditya Birla with -7.516% price change and 0.958 times volumes, and Bharat Electronics with -7.315% price change and 1.459 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.
Covid-19 impact: Air India Express' short-term loans get ICRA downgrade. The rating also takes into account AIEL's stretched credit profile, characterised by negative net worth and a high outstanding to Air India and other vendors
Tata group to launch India's first low-cost Covid-19 test 'Feluda'. This test uses an indigenously developed, cutting-edge CRISPR technology for detection of the genomic sequence of SARS-CoV-2 virus
IT firms must focus on problem recognition and solution mindset: Murthy. Murthy said Indian IT companies will continue to grow anywhere between 7 to 10 per cent with operating margins being between 15 and 20 per cent
Telcos must pay 10% AGR dues by Mar 31 irrespective of payment made: Report. Operational telecom operators are expected to pay Rs 12,921 crore by March 31, of which close to 80 per cent has to be paid by Vodafone Idea and Bharti Airtel
IOC bets big on petrochemicals, forward integration into textile biz. Petrochemical presents a big opportunity in India as the per capita consumption still remains very low
India's Petronet buys LNG cargo for delivery in November: Report. etronet bought the cargo which is for delivery to either Dahej or Kochi LNG terminal over Nov. 17-22 at about .80 per million British thermal units
Despite fuel price cuts due to Covid-19, OMCs improve net marketing margins. The net marketing margin of OMCs on sale of petrol and diesel has increased to Rs 4 per litre by mid-September from Rs 2.23 per litre earlier as there has been correction in global auto fuel prices
HCL Technologies to acquire Australia-based firm DWS for 6 million. The transaction is expected to close in December 2020, subject to closing conditions, including regulatory approvals
HCL Technologies to acquire Australia-based firm DWS for 6 million. The transaction is expected to close in December 2020, subject to closing conditions, including regulatory approvals
Vanguard Group buys Deepak Nitrite shares worth Rs 101 cr at Rs 839 a share. Shares of Deepak Nitrite on Monday closed 4.61 per cent lower at Rs 814.5 on the NSE
Fitch takes ratings action on four NBFCs amid Covid-19 challenges. The companies' long-term IDRs were placed on RWN in March this year, as Fitch expected the pandemic to present further macroeconomic
BSNL raises Rs 8,500 cr via sovereign bonds; to sell assets worth Rs 18k cr. The bonds have been issued at a coupon rate of 6.79 per cent per annum for a 10-year period
Skoda committed to India market, relooking at diesel for bigger vehicles. VW-owned brand to launch three cars in 2021
Online insurer Policybazaar eyes IPO on Nasdaq by next September. The LS had on Saturday passed the Companies (Amendment) Bill, 2020 amending the Companies Act which seeks to allow certain public companies to list certain types of securities in foreign jurisdictions
Amazon's buying spree for used planes makes green pledge harder to keep. Amazon has been among the biggest lessors of converted Boeing Co. 767s in the last five years as demand for online shopping has soared-more so since Covid-19 struck
IOC to review greenfield expansion projects in refining segment: Chairman. Vaidya also added as part of the company's long-term strategy, it was looking to enhance petrochemicals integration to about 14 to 15 per cent of Petrochemical Intensity Index (PII) by the year 2030
Telecom firm BSNL raises Rs 8,500 crore through sovereign bonds. BSNL received total 229 bids valued at Rs 17,183 crore
L&T starts commissioning of 99 MW Singoli-Bhatwari hydel project. The wet commissioning process starts with machine spinning of the turbines initially without generation of electricity
Over 16.34 bn digital transactions registered in April-Aug: Sanjay Dhotre. Digital payments have increased in the country during the last three years from 2,071 crore digital transactions in FY2017-18 to 3,134 crore in FY2018-19, and further to 4,572 crore in FY2019-20
JSPL stock sheds 12% as Deutsche Bank files Suspicious Activity Reports. JSPL sent a total of .85 million in 2015 and a sum of .83 million in 2016
Cement demand expected to decline by 10-15% in Q2 2020: India Ratings. Rural demand will continue to outperform urban demand and companies having higher individual home builder exposure will remain better placed
Penetration of EVs to remain low in medium-term in PVs, CVs: ICRA. ICRA said modality of vehicle financing in a battery-swappable model, where core battery is owned/leased by a third party and financiers only have control over residual vehicle, is another challenge
Narayana Murthy bats for external probe into whistleblower complaints. Says Sebi must blacklist board members, officials found guilty
Indian steelmakers turn net exporters to China in April-Aug: Crisil. Crude steel production fell a lower 27 percent on-year despite a massive 38 percent decline in domestic demand between April and August
Paytm accuses Google of trying to dominate India's digital ecosystem. Paytm suggested the global tech giant's move as hypocritical as Google, too, regularly runs similar scratch card campaigns in India under its Google Pay app
CIL output may fall below 600 MT in FY21 on sluggish demand: Analysts. The miner could end the current year with the production of around 580 million tonnes of coal as against its revised target of 650-660 million tonnes, they said
77% consumers want fantasy gaming advertisements banned: Survey. Around 77 per cent of consumers want the government to prohibit advertisements for gaming platforms where one can earn or lose real money
Consumer electronics industry hopeful of robust sales this festive season. Sony has consumer promotion offers for Durga Puja and Diwali, which are just around the corner and is hoping "such positive growth momentum" will be sustained throughout the festive season
Covid-19 impact: Yamaha expects India sales to be 10-year low in 2020. During January-August this year, YMIS sold 2,88,942 units of two-wheelers compared to 4,54,617 units in the year-ago period, a decline of 36.44 per cent
Lodhas to file appeal before Division Bench in Calcutta High Court. On Saturday, Single Bench order of Calcutta High Court restrained Shri Harsh V Lodha, non-executive director and chairman of the company from holding any office in MP Birla Group
Thermal, coking coal imports dip 28% to 46 mn tonnes in Apr-Aug: IPA. Thermal coal imports dropped 25.42 per cent to 28.93 MT and coking coal shipments fell 31.87 per cent to 16.84 MT during this period
No layoffs, salary cuts to be reviewed in Jan 2021, says Vistara CEO. Domestic airlines industry has been significantly impacted by the coronavirus pandemic and subsequent suspension of local and international flight services
GST reduction on two-wheelers to act as 'tailwind' for industry: HMSI. "It will definitely help and act as a tailwind for the industry against what we are seeing today, the headwinds from multiple sides," Guleria noted
Dues of 4 major airlines to AAI more than doubled in Feb-July period. An airline has to pay various charges like air navigation, landing, parking etc to the AAI to use facilities at any of its more than 100 airports
Vistara sees steady demand; to add more daily flights by month-end: CEO. Vistara CEO Leslie Thng told PTI that the airline will be scaling up its existing operations to 100 daily flights by month-end from 80 at present
Ashiana Housing to invest Rs 400 cr over next four years on new projects. "We will launch over 14 lakh sq ft area during this financial year. This will be new phases in existing projects as well as entirely new projects," Gupta said
FB neutral, non-partisan, says India chief; defends handling of hate speech. Mohan rejected charges of Facebook India's decisions being influenced by political leanings of individuals
MyGate to hire 300 people, aims to expand services by January 2020. "We are looking at hiring 300 people, and of that 100 or so offers have gone out and we are looking at 200 more across the organisation by early January," he added
Internet user base up 3.4% at March-end; Jio commands over 52% market: Trai. Reliance Jio led the chart grabbing 52.3 per cent of the overall market share, followed by Bharti Airtel (23.6 per cent share) in the quarter ended March 2020
Loans worth Rs 70K cr sanctioned to discoms under liquidity package: Govt. Finance Minister Nirmala Sitharaman in May this year had announced a Rs 90,000 crore liquidity infusion into cash-strapped discoms for clearing their outstanding dues till March 2020
Godrej Fund in talks with global investors to raise new corpus of 0 mn. The fund would invest million to 0 million each and focus on Mumbai, National Capital Region, Pune and Bangalore markets
Changes to Companies Act: Here are the amendments passed by Lok Sabha. Around 48 sections of the Companies Act, 2013 will be amended to decriminalise various offences
TCS sets up 11 Covid-19 isolation centres for staff, their dependents. All the centres will have 24/7 medical cover, along with daily monitoring by trained professionals. The patients can even connect with a counsellor virtually during their treatment
KVIC gets Flipkart, Amazon, Snapdeal to remove 160 fake Khadi products online. The Khadi and Village Industries Commission said it had forced e-commerce portals Amazon, Flipkart, Snapdeal and others to remove over 160 web links selling products under the brand name of 'Khadi'
Brokerage industry's revenues expected to reach Rs 23,000 cr in FY21: Icra. With increasing retail investor activity and a surge in trading volumes, the domestic brokerage industry's aggregate revenues are expected to reach Rs 23,000 cr in FY21, marking a YoY growth of 10-12%
RITES Ltd announces share buyback worth Rs 257 cr at Rs 265 per share. The board of directors at RITES Ltd has approved buy-back of 9.69 million equity shares with a face value of Rs 10 each at Rs 265 per share
Carmichael project created 1,500 jobs, awarded .09 bn in contracts: Adani. The company said construction of the railway line and mine was set to continue through 2021 and it was expecting to generate more direct jobs
MRPL shareholders approve fund raising of up to Rs 5,000 cr via debentures. Shares of the company closed at Rs 28.85 a unit on BSE, down by 0.86 per cent
DHFL seeks loan dues of Rs 112 cr from Pune-based realtor, guarantors. The PNG Jewellers statement said the company is neither an investor nor a partner in Landscape Realty, and added that the developer is an "independent entity in the real estate business"
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
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