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NSE share market NEWS tomorrow (16 October, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 October, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 October 2024

Amber Enterprises was amongst the top gainers, currently trading at 5491.65 in NSE with 8.536 times change in volumes and 6.287% change in price. Other gainers included Nuvama Wealth with 6.141% price change and 1.99 times volumes, Hdfc Amc with 5.989% price change and 2.148 times volumes, Computer Age with 4.545% price change and 3.272 times volumes, and Tube Invest with 4.249% price change and 1.853 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.

Kei Industries was amongst the top losers, currently trading at 4384.80 in NSE with 6.044 times change in volumes and -6.52% change in price. Other losers included Oil India with -5.765% price change and 2.793 times volumes, Bse with -4.848% price change and 1.501 times volumes, Polycab India with -4.11% price change and 2.297 times volumes, and Trent with -3.92% price change and 1.955 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.

Prasun Sikdar appointed as MD, CEO of Bima Sugam India Federation for 3 yrs. Sikdar's appointment as MD and CEO was approved by the Insurance Regulatory and Development Authority of India

India has opportunity to create next gen innovative products: Boeing. India has a tremendous opportunity to merge its engineering capabilities with great quality to create the most innovative products of the next generation, Boeing India President Salil Gupte said on Tuesday. The country's companies must also look at moving

Jaguar Land Rover retail sales rise 36% to 3,214 units in Apr-Sep. Jaguar Land Rover on Tuesday said its retail sales rose 36 per cent year-on-year to 3,214 units for the first six months of the current fiscal. The strong sales performance in the April-September period was led by robust offtakes in both first and second q

37-day strike by workers at Samsung's Sriperumbudur unit finally ends. During the conciliation talks, representatives from both the management and the striking workers agreed that all workers would immediately call off the strike and return to work

Newgen Software Technologies Q2 results: PAT rises 47.2% to Rs 70.3 cr. Newgen Software Technologies on Tuesday reported a 47.19 per cent year-on-year increase in consolidated net profit to Rs 70.33 crore in the September quarter. It had posted a net profit of Rs 47.78 crore in the year-ago period. Revenue for the second quart

Birla confident of VIL turnaround; fundraise, capex cycle bolster telco. Fundraise and subsequent capex cycle have placed Vodafone Idea on a more secure footing, ensuring it remains dynamic and competitive, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday exuding confidence about the telco scripting a turnaround

Bank of Maharashtra Q2 results: Net profit up 44% on healthy NII growth. Expects net to cross Rs 5,000 cr for Fy25

Aditya Birla Sun Life AMC plans AIF expansion with private credit schemes. The AMC expects the private credit segment to grow to .5 trillion by 2028 in India

Not price cut, but festive discounts: Ola Electric on ARAI notice. The Boss sale of Ola is already under regulatory scanner as the Automotive Research Association of India (ARAI) has raised concerns over the company's recent pricing practices

Neuron7.ai secures million in Series B led by Smith Point Capital. The firm operates in Bengaluru and plans to scale operations in India, targeting 10x growth in 2024

CCI clears Central Bank of India's stake acquisition in Future Generali. FEL holds direct and indirect investments in the general insurer, Future Generali India Insurance Company Limited, which is a joint venture between the company and Genera Group

Govt to sell up to 5% stake worth Rs 2,026 crore in Cochin Shipyard. The floor price for the sale is 1,540 rupees, an 8% discount to the stock's Tuesday close, the filing showed. At this price, the stake is valued at Rs 2,026 crore (1.2 million)

Adani Energy Solutions acquires 2 SPVs from PFCCL for about Rs 38 cr. Adani Energy Solutions Ltd (AESL) on Tuesday said it has acquired two project special purpose vehicles from PFC Consulting Ltd for cash consideration of about Rs 38 crore. In two separate BSE filings, AESL stated that on October 14, 2024 it executed share

Creditors delayed resolution process for Jet Airways: Winning bidder to SC. Jalan Kalrock Consortium (JKC), which was handed over the grounded air carrier Jet Airways, on Tuesday informed the Supreme Court that the creditors had delayed the resolution process by raising pleas at every stage of compliance. The National Company Law

Rallis India Q2FY25 results: Net profit increases 19.5% to Rs 98 cr. Rallis India, a subsidiary of Tata Chemicals, on Tuesday reported a 19.51 per cent growth in net profit during the quarter ending September 30 to Rs 98 crore compared to the same period in the previous financial year. The company's net profit stood at Rs 8

A general framework for Cloud-driven AI needed, says Jio executive. Jio aims to provide subscription-based AI services to small businesses across sectors

Bhavish Aggarwal-founded Krutrim AI's business head Ravi Jain resigns. The business head of Bhavish Aggarwal-founded artificial intelligence startup Krutrim AI, Ravi Jain, has quit, according to sources. Jain exited the company after putting in around three years, marking another high-profile exit from the Bengaluru-headquart

PVR Inox to find its comeback role in Q4, says CFO Gaurav Sharma. PVR Inox to hit play on profitability with big releases, bigger footfall

Tata AIA Life nets Rs 25 cr premium since starting policy sale on Neu App. Tata AIA Life on Tuesday said it has netted an annualised premium of Rs 25 crore within three months of starting to distribute policies on the Tata Neu App. Customers can get insurance policies in three clicks on the Tata Group's super app, according to a

US-based Capital group divests 1.7% stake worth Rs 148 cr in IT firm Mastek. Financial services company Capital Group on Tuesday divested a 1.7 per cent stake in IT firm Mastek for over Rs 148 crore through an open market transaction. According to the bulk deal data available on the BSE, US-based Capital group through its arm Smal

Festival season, discounts boost Ola Electric's daily average sales. This pricing strategy positions Ola Electric as a formidable contender, making it a tough act to follow in the competitive landscape, said market observers

Reliance eyes completing merger with Disney's India business in Q3. The merger of media assets of Reliance Industries and the India business of global media house the Walt Disney is expected to be complete by the end of the third quarter of this fiscal, according to a regulatory filing by billionaire Mukesh Ambani-led grou

Tatas set to expand Air India Express fleet with Air India, Vistara planes. Air India Express will receive 17 Airbus A320 Neo planes from Air India and 10 from Vistara after their merger, with the transfer expected to be completed by mid-2025

Beauty products platform Purplle raises Rs 1,500 cr in funding round. Subsidiary of Abu Dhabi Investment Authority leads in committing investment

SpiceJet settles .39 mn dispute with Aircastle, Wilmington Trust. Budget carrier SpiceJet on Tuesday said it has successfully settled a USD 23.39 million dispute with two aircraft lessors -- Aircastle and Wilmington Trust, days after amicably resolving a similar dispute with a US-based aircraft leasing firm, BBAM. As par

Nvidia's stock skyrockets amid AI boom: Will Apple fall from the top?. Nvidia, which briefly held the title of the most valuable company in June, saw its market value surge to .39 trillion on Monday

Noel Tata's new role may end feud with Shapoorji Pallonji Group; here's how. Relations between Tata Sons and Shapoorji Pallonji Group have been strained since 2016, following the ousting of Cyrus Mistry

Tata to create 500,000 manufacturing jobs in 5 years: N Chandrasekaran. India's manufacturing sector saw a 7.4 per cent rise in employment, with 1.3 million new jobs created in FY23

All satcom providers must be treated alike in India: Sunil Mittal. Government strategy must make India self-sufficient in artificial intelligence, says Akash M Ambani

Adani Group returns to dollar market with new green bond sale initiative. Dollar bond sales from Indian issuers are running at their highest in three years, with companies raising about billion so far in 2024, as spreads on dollar debt hover near their lowest in decades

Fundraise allowed VIL's capex cycle, places firm on secure footing: Birla. The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, and that alongside other key initiatives will place it on a "more secure footing" to ensure that the company remains dynamic and competitive, Aditya Birla Group Chairman

Unique Indian way of progress needed to become global leader: TVS chairman. India needs to build its "unique Indian way of progress" to position itself as a global leader and a place to go for high quality services and products, TVS Motor Company Chairman Emeritus Venu Srinivasan said on Tuesday. In his address at a symposium orga

DGCA removes 'enhanced surveillance' of SpiceJet after fund infusion. Random spot checks of low-cost carrier's operational aircraft will continue, says regulator

Elon Musk takes on Ambani over satellite spectrum allocation in India. The disagreement centres around whether satellite broadband spectrum should be auctioned or administratively allocated in India

Wipro's hybrid policy: Employees to work from office three days a week. The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days

HDFC AMC Q2 results: Net profit rises 32% to Rs 577 cr, total income up 38%. HDFC Asset Management Company (AMC) on Tuesday reported a 32 per cent year-on-year growth in profit after tax (PAT) to Rs 576.61 crore for the three months ended September 2024. The HDFC AMC's profit after tax stood at Rs 436.52 crore in the same quarter o

Shapoorji Pallonji Real Estate, Kanodia to develop 1.74 acre luxury project. Shapoorji Pallonji Real Estate (SPRE) has formed a joint venture with Kanodia Group's real estate venture Kreeva to develop a luxury residential project in Gurugram. The land is located at Sector 46, Gurugram. Spanning across 1.74 acres, the project will c

Cut-throat competition forces Blinkit to revise 'zero notice' policy. Facing pressure from rivals such as Zepto, Flipkart, and Swiggy, which are aggressively competing to attract and retain top talent, Blinkit has extended its notice period policy from zero to 2 months

HDFC Life Q2FY25 results: Net profit rises nearly 15% to Rs 433 crore. Its value of new business (VNB) increased 17.1 per cent Y-o-Y to Rs 938 crore in Q2, compared to Rs 801 crore in the year-ago period

Govt issues guidelines to prohibit greenwashing, misleading green claims. The government on Tuesday unveiled comprehensive guidelines to regulate greenwashing and misleading environmental claims by companies, aiming to protect consumers and promote transparency in eco-friendly marketing. Greenwashing refers to claims by companie

VA Tech WABAG wins Rs 1,000 cr order from Indosol for desalination plant. Water treatment player VA Tech WABAG Ltd has bagged an order worth Rs 1,000 crore from Indosol Solar Pvt Ltd to set up a sea water desalination plant, marking its foray into the solar photo-voltaic segment. According to the city-headquartered firm, the sco

TVS Credit Services Q2 results: Net profit increases 20% to Rs 161 cr. Leading non-banking finance company TVS Credit Services Ltd has recorded a 20 per cent rise in the profit after tax for the July-September quarter at Rs 161 crore. The company had posted a profit after tax of Rs 134 crore during the corresponding quarter o

Bank of Maharashtra Q2 results: Profit surges 44% to Rs 1,327 crore. State-owned Bank of Maharashtra (BoM) on Tuesday posted a 44 per cent jump in its profit at Rs 1,327 crore in the second quarter ended September 2024 on account of improvement in interest income. The Pune-based lender had posted a net profit of Rs 920 cror

Tata Digital launches life insurance products on Tata Neu with Tata AIA. Like in other offerings, customers buying insurance products will also earn NeuCoins, which can then be redeemed across the Tata ecosystem

PVR Inox Q2FY25 results: Multiplex firm swings into red at Rs 11.8 cr loss. PVR Inox said it expects to add 110-120 screens in the year ending March 2025. So far this fiscal year, it has added 71 and closed 42 screens

IBM acquires Prescinto for renewable energy asset performance management. Prescinto's APM capabilities help organisations simplify operations and maintenance to maximise ROI

Mastercard opens new Tech Hub in Pune to drive growth and innovation. The new Pune Tech Hub augments Mastercard's growing presence in India, which spans offices in Gurugram, Mumbai, Hyderabad, Bengaluru, and Vadodara

Macrotech acquires 7 land parcels to build Rs 16,600 cr housing projects. Realty firm Macrotech Developers has acquired seven land parcels in Mumbai Metropolitan Region (MMR), Pune and Bengaluru to develop housing projects with an estimated revenue potential of Rs 16,600 crore. Mumbai-based Macrotech Developers, which markets it

Avaada Energy closes Rs 597 crore refinancing for solar projects. The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund dedicated to refinancing operational infrastructure projects

Tata Group plans to generate 500,000 jobs in 5 years: N Chandrasekaran. He mentioned that the country has growth momentum and per capita incomes are rising

Anil Ambani challenges market regulator Sebi's Rs 625 crore penalty order. Sebi also added that it will determine the quantum of illegal gains made by the alleged fraudulent schemes, and further action may be initiated accordingly

Ola Electric's Bhavish Aggarwal and his EVs need to be less combustible. An online spat between Aggarwal and Kunal Kamra, a popular Indian stand-up comic, has had India riveted

After Saregama, report claims Reliance eyeing stake in Dharma Productions. Karan Johar has been seeking to monetise his stake in Dharma Productions for a while, but previous deals failed due to differences over valuation

In a special post, Tata Sons chairman Chandra shares Ratan Tata's untold stories. Anybody who met Tata came away with a story about his humanity, warmth, and dreams for India, writes N Chandrasekaran

Satellite spectrum battle: Ambani calls for auction; Musk backs allocation. While Starlink and Amazon's Project Kuiper are batting for administrative allocation of satellite spectrum, Reliance Industries argues that auctions are necessary to ensure a fair playing field

AI focused robotic startup Perceptyne secures million in seed funding. Perceptyne operates in the space of AI-driven, semi-humanoid robots for industrial automation

TAC Security teams up with Google as MASA assessor for developers. TAC InfoSec Ltd, a global cybersecurity company specialising in vulnerability management, on Monday announced its partnership with Google as an authorised lab for Mobile Apps Security Assessment (MASA) for Developers on Play Store as a part of App Defence

Licious buys 'My Chicken and More' to gain physical foothold in Bengaluru. 'My Chicken and More' generates annual revenues of close to ~110 crore, processing 1.8 million orders a year and its acquisition adds 23 stores to Licious' offline network

Sri Lanka's new govt reconsidering approval to Adani's power project. Sri Lanka's new government led by Anura Kumara Dissanayake on Monday told the Supreme Court that it would reconsider the approval granted by the previous government to India's Adani Group for a wind power project. A five-member Supreme Court (SC) bench was

Ericsson wins multi-billion dollar 5G equipment contract from Bharti Airtel. This comes after Ericsson got part of a .6 billion contract last month for selling 5G equipment to India's Vodafone Idea. It shared the contract with Nokia and Samsung

SpiceJet faces new insolvency case over Rs 58 crore unpaid dues to lessor. SpiceJet faces new insolvency plea in NCLT over Rs 58 crore unpaid dues to lessor Aviator ML 29641 Ltd, the tribunal has given the airline time to respond, the next hearing is on Nov 11

Alok Industries Q2: Loss widens to Rs 262 cr; revenue dips to Rs 885.6 cr. Textile manufacturer Alok Industries on Monday said its consolidated net loss widened to Rs 262.10 crore for the second quarter ended September 2024. The company had posted a net loss of Rs 174.83 crore in the July-September period a year ago, according to

Easy Trip Planners board approves issuance of bonus shares in 1:1 ratio. Travel tech platform Easy Trip Planners Ltd on Monday said its board has approved issuance of bonus shares. The board of directors at its meeting held on Monday approved the issuance of bonus shares in the ratio of one bonus equity share for every one full

Consumer court directs Amazon to pay Rs 40k refund over hacked smartphone. Amazon Retail was fined by a consumer court after it was discovered that the smartphone she purchased was hacked, leading to data exposure and unauthorised transactions

Cred launches new features as it expands financial services products. The launch of new features comes as the Bengaluru-based firm looks to expand its suite of financial products for its user base pegged at 14 million

Amazon Smbhav Hackathon to boost AI, tech innovations for small biz. Amazon India on Monday announced the Smbhav Hackathon 2024, a nationwide competition aimed at developing next-generation technologies and AI-driven innovations specifically for small and medium businesses (SMBs) in the e-commerce sector. The hackathon is a

Indian conglomerates to invest 0 billion over 10 years: S&P Ratings. The Vedanta, Tata, Adani, Reliance, and JSW groups alone are preparing about 0 billion of investment in these sectors over the next decade, said S&P Global Ratings

Logistics automation firm Elixia raises mn in funding round led by JIIF. Logistics automation startup Elixia has raised USD 1 million (about Rs 8.4 crore) in a funding round led by JITO Incubation and Innovation Foundation (JIIF). Other investors include Motilal Oswal (Motilal Oswal Financial Services), Vimal Shah (Bidco Oil),

HCLTech Q2 results: Net profit rises 10.5% to Rs 4,235 cr, revenue up 8.2%. Revenue for the quarter at Rs 28,862 crore, up 8.2 per cent YoY and grew 2.9 per cent sequentially

JC Flowers ARC invites counterbids for Rs 1,351 crore of bad debts. Entities interested in bidding for the assets are required to submit expressions of interest (EoIs) by October 16, after which they will have until October 31 to conduct due diligence

Payments major PhonePe launches firecracker insurance policy for Diwali. The plan can be purchased on the PhonePe app and provides coverage to families by insuring up to four family members, including the user, their spouse, and up to two children

De-risking loan portfolio likely top priority for new Bandhan CEO. The bank has been maintaining a net interest margin of 7.6 per cent in both quarters of FY25 and Q4 of FY24

Atul Greentech partners with Jio Platforms for electric vehicle solutions. Atul Auto subsidiary Atul Greentech on Monday said it has partnered with Jio Platforms Ltd (Jio) to offer electric vehicle solutions to its customers in domestic and global markets, including South America, the European Union and Eastern Africa. The partne

Tata Capital, Tata Motors Finance merger receives RBI's approval. Through this merger, Tata Capital aims to attract new customers in the rapidly growing commercial vehicle and passenger car financing segments

Jio Platforms Q2 results: Higher tariffs lift profit by 23% to Rs 6,539 cr. ARPU rises to Rs. 195.1 after 4 quarters, but subs fall after 7-quarter growth streak

RIL Q2FY25 results: PAT down 4.8% at Rs 16,563 cr, misses estimates. This is the third consecutive quarter the company has reported a decline in profits owing to weakness in its oil-to-chemicals (O2C) business. RIL's Q2 profits also missed street estimates

Anil Ambani challenges Sebi's Rs 625 crore penalty in SAT over RHFL case. Sebi also added that it will determine the quantum of illegal gains made by the alleged fraudulent schemes, and further action may be initiated accordingly

Reliance Retail Q2FY25 results: Net profit rises 5% to Rs 2,935 crore. Revenue down due to weak performance in fashion and lifestyle business

Jewellery retailer GIVA raises Rs 255 cr in Series B funding round. Jewellery retailer GIVA on Monday said it has raised Rs 255 crore in a funding round, as it looks to expand its offline presence and bolster its lab-grown diamond offerings. The extended Series B funding round was led by Premji Invest, Epiq Capital, and Ed

SC revives Adani's Rs 27K cr insolvency resolution for KSK Mahanadi project. The lenders have made claims of Rs 29,330 crore against KSK Mahanadi, which was sent for debt resolution in 2020 after the firm defaulted on its debt payments

Latest stock market News for tomorrow Access previous news reports: 289290291292293294295296297298299300301302303304305306307

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