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NSE share market NEWS tomorrow (02 August, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 August, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 August 2024

One 97 was amongst the top gainers, currently trading at 527.00 in NSE with 2.469 times change in volumes and 6.068% change in price. Other gainers included Suzlon Energy with 4.957% price change and 0.972 times volumes, Info Edge with 4.577% price change and 6.38 times volumes, Pb Fintech with 4.132% price change and 0.568 times volumes, and Fsn E with 4.034% price change and 2.007 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.

Cummins India was amongst the top losers, currently trading at 3510.85 in NSE with 14.204 times change in volumes and -7.972% change in price. Other losers included Eicher Motors with -4.872% price change and 3.239 times volumes, Oracle Financial with -4.778% price change and 1.035 times volumes, Maruti Suzuki with -4.736% price change and 0.653 times volumes, and Titagarh Rail with -4.5% price change and 1.693 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.

Meesho onboards Hari Bhartia, three others as independent directors. Softbank-backed e-commerce firm Meesho on Friday said it has appointed Jubilant Bhartia Group founder Hari S Bhartia along with three other seasoned business leaders as independent directors. Along with Bhartia, Meesho has onboarded former JP Morgan Chairm

Apple sets revenue record driven by strong sales in India, beats estimates. Apple CEO Tim Cook announced that the company achieved a new revenue record in its fiscal 2024 third-quarter ending June 29, over two dozen countries, including India

SpiceJet passengers stranded at Dubai airport due to flight cancellations. Hundreds of SpiceJet passengers were stranded at the Dubai airport on Wednesday after some flights were cancelled due to to non-payment of dues by the airline to the Dubai airport authorities, according to a source. A SpiceJet spokesperson on Thursday said

TVS Mobility, Mitsubishi Corp sign deal for employee exchange programme. MC Japan will host employees from TVS Mobility and train them in automotive and mobility sectors

Byju's lender asks court not to quash insolvency proceedings against firm. Glas Trust says Byju and his brother Riju used money owed to lenders to clear the Indian cricket board's dues and that the insolvency proceedings should continue

Sony and Tata Play clash over removal of channels, legal action considered. Tata Play cited declining popularity and cost savings for consumers as reasons for the removal of Sony channels, while Sony claims this to be retaliation from the DTH operator

'Scaling up not a challenge for us anymore' : Waaree Renewable Tech CFO. Order book at 2.1 GW for next 9-12 months, bidding pipeline at 15 GW for solar EPC major

Black Box promoters to raise Rs 410 cr via preferential issue of warrants. When warrants are converted into equity, promoter shareholding will decrease marginally

Air India suspends Tel Aviv flights until Aug 8 amid Middle East tensions. Air India said that it is continuously monitoring the situation and extending support to passengers with confirmed bookings

Hindustan Zinc Q1FY25 results: Net profit rises 19% to Rs 2,345 cr. Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 19.3 per cent rise in consolidated net profit at Rs 2,345 crore for June quarter FY25. The company had posted a net profit of Rs 1,964 crore for the year-ago period. Income rose to Rs 8,398 cro

Fintech Infibeam Avenues to acquire controlling stake in Rediff.com. Infibeam plans to combine its digital payment services, platform business offerings, and artificial intelligence solutions with Rediff.com's services

Resolutions under Insolvency and Bankruptcy Code highest in FY24: Crisil. Recovery for financial creditors, however, declined to 27% compared to 36% in FY23

EV policy not suitable for Jaguar Land Rover: Tata Motors CFO PB Balaji. Expects incentives for 4W fleet to continue in FAME III

Saregama Q1 FY25 results: Revenue jumps 26% Y-o-Y to Rs 205.3 crore. During the quarter that ended on June 30, the company launched over 330 original recreations in various languages including Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, among others

Meesho strengthens board with appointment of four independent directors. Meesho's new board members are expected to play a key role in advancing its strategic goals

NCLAT approves Byju's settlement with BCCI, sets aside insolvency plea. In a major relief to Byju's, the NCLAT on Friday set aside insolvency proceedings against the troubled edtech major over a sponsorship deal and approved a Rs 158 crore settlement with the Board of Control for Cricket in India. The National Company Law Appe

GSK Pharmaceuticals Q1 results: Net profit jumps 38% to Rs 182.33 crore. The company had posted a consolidated net profit of Rs 132.25 crore in the same quarter last fiscal, GlaxoSmithKline Pharmaceuticals (GSK Pharma) said in a regulatory filing

Ola Electric's 4 million IPO to fetch nearly 0 mn to Hyundai Motor. Hyundai Motor Company's 108.8 million equity shares or 2.95% stake is valued at million at the highest price band of Rs 76 per share

CAMS Q1 results: Net profit rises 42% to Rs 108 cr, revenue up 27%. Registrar and transfer agent for mutual funds CAMS on Friday reported 42 per cent jump in profit after tax (PAT) at Rs 108.21 crore for the three months ended June 2024. The company had logged a PAT of Rs 76.34 crore in the year-ago period, Computer Age M

NIIT Q1FY25 results: PAT rises to Rs 7.75 cr, revenue up 32% at Rs 82.47 cr. Talent development company NIIT on Friday reported a three-fold rise in its consolidated net profits at Rs 7.75 crore in the June 2024 quarter. It had reported a net profit of Rs 2.18 crore in the year-ago period. Revenue from operations for the quarter un

Hyundai, others lobby UP against hybrid support as Toyota rivalry deepens. Four separate company letters to Uttar Pradesh highlight the rivalry between automakers in a country where taxation is skewed in favour of EVs

WeWork India, myHQ by ANAROCK tie up for on-demand, virtual office growth. Users will be able to book these products from either of the platforms, myHQ or WeWork; the myHQ product journey will take over at the time of purchase

Titan Q1 results: Net profit declines 5% to Rs 715 crore, misses estimates. BENGALURU (Reuters) - Indian jeweller and watchmaker Titan reported first-quarter profit below estimates on Friday as higher gold prices deterred demand.

CoC seeks funding plans for Hinduja acquisition of Reliance Capital. Entire funding plan submitted to NCLT, says Hinduja

Britannia Q1 results: Net profit rises to Rs 506 crore, misses estimates. Analysts, on average, had expected a profit of 5.36 billion rupees, according to data from LSEG

Apple pins hopes on AI for iPhone upgrades as China sales dwindle. Apple said revenue in its fiscal fourth quarter would grow at a level similar to the 4.9% increase it posted in the April-June period

TVS Motor's sales grow by 9% to 354,140 units in July, EV sales up 61%. TVS Motor Company on Thursday reported a 9 per cent increase in total sales at 3,54,140 units in July as compared to 3,25,977 units in the same month last year. Total two-wheelers sales were at 3,39,676 units during the month under review against 3,12,307

Zomato to launch new app 'District' to capture its 'going-out' market. The District app will include Zomato's dining-out business and incorporate additional use cases like movies, sports ticketing, live performances, shopping, and staycation

Tube Investments Ltd Q1 results: Net profit increases to Rs 313.65 cr. Tube Investments of India Ltd has reported a rise in its consolidated profit after tax for the April-June 2024 quarter, which stands at Rs 313.65 crore, the company said on Thursday. The city-based company, part of the Murugappa Group, had registered a pro

Max Healthcare Q1 results: Net profit increases marginally to Rs 295 cr. Max Healthcare Institute on Thursday said its profit after tax rose marginally to Rs 295 crore for the first quarter ended June 30, 2024. The healthcare firm had reported a profit after tax of Rs 291 crore in the April-June quarter of last fiscal. Gross re

JSW MG Motor India christens first electric CUV model as MG Windsor. JSW MG Motor India on Thursday said it has named its first CUV electric vehicle as MG Windsor. In November, China's largest automaker SAIC Motor inked a joint venture agreement with JSW Group to accelerate the transformation and growth of MG Motor in India

ITC Q1 FY25 results: Net profit down marginally, revenue rises 7.5%. In the agri business, cost escalation in leaf tobacco and other agri-commodities weighed on margins during the quarter

Tata Motors advances demerger scheme, unveils new corporate structure. Completion of the scheme is contingent on obtaining necessary shareholder, creditor, and regulatory approvals, anticipated to take 12-15 months

Tata Motors Q1 FY25 results: Net profit jumps 74% to Rs 5,566 crore. The revenue from operations for the April-June quarter was up 5.7 per cent to Rs 107,316 crore

Blinkit targets 2,000 dark stores by 2026 end while profitable: CEO. The company has been expanding its dark store network at a rapid pace over the last few quarters

Adani Enterprises board approves demerger of food and FMCG business. Adani Wilmar shares closed at Rs 348.80 per share, up 0.19 per cent on NSE, while Adani Enterprises closed at Rs 3,225.10 per share, up 1.76 per cent

Aditya Birla Capital Q1 FY25 results: Net profit rises 16.7% to Rs 758 cr. The disbursements of Aditya Birla Housing Finance Company grew by 89 per cent Y-o-Y to Rs 3,068 crore in Q1 FY25

Money paid to BCCI is 'clean money', Riju Raveendran tells NCLAT. Formation of committee of creditors stayed till August 2

Godrej Agrovet signs pact to acquire Tyson's stake in Godrej Tyson Foods. Increases its stake from 51 per cent to 100 per cent

Max Healthcare Q1 results: Net profit drops 1.6%, revenue up by 20%. Max to invest Rs 230 crore to set up 250 bed hospital in Mohali

Tata Motors' board approves proposal to demerge into two listed companies. The transaction is subject to necessary shareholders, creditors, and regulatory approvals, which can take around 12-15 months to complete

Godrej Agrovet Q1 results: PAT up 28.3% at Rs 135 cr, total revenue falls. Godrej Agrovet's total revenue from operations fell 6.4 per cent to Rs 2,351 crore while total expenses fell nearly 8 per cent, led by a fall in the cost of materials consumed

FMCG company Dabur rural business continues to outpace urban in Q1. Harsh summers, cola price wars play spoilsport for juice segment

Govt capex, rural demand may spur M&M's ride: MD & CEO Anish Shah. When asked about the government's nudge to private companies to invest in new capacities, Shah said the group has already raised its automobile division capacity by 3x in the last four years

Adani Energy's -bn QIP subscribed 6 times with Rs 50k cr demand. Billionaire Stanley Druckenmiller's family office-led investment firms have made their maiden bet on Adani group, seeking shares of the conglomerate's power transmission unit in an institutional sale that was oversubscribed six-times and fetching demand of

Suryoday Small Finance Bank Q1 results: Net profit rises 47% to Rs 70 cr. Suryoday Small Finance Bank on Thursday reported a 47 per cent rise in net profit at Rs 70 crore in the first quarter ended June 2024 due to decline in bad loans. The bank had posted a net profit of Rs 48 crore in April-June period of previous year. Total

Irdai levies Rs 2 cr penalty on HDFC Life Insurance for violating norms. The regulator cited violations of norms related to policyholders' interests, web aggregators, and insurance distributors

Karnataka authorities have withdrawn GST tax notice, says Infosys. DGGI sent a notice to Infosys for non-payment of Integrated Goods and Services Tax (IGST) on import services as the recipient of services

Hero MotoCorp starts ops in Philippines, partners with Terrafirma Motors. Hero MotoCorp on Thursday said it has commenced operations in the Philippines. The strategic expansion marks a significant milestone in the company's efforts to strengthen its global presence, it said in a statement. Terrafirma Motors Corporation (TMC), a

Toyota's profit increases 17% to .70 bn in Q1 but shares tumble. Toyota has been on a record profit run that has boosted its share price. But its outlook has been complicated by a tough market in China

Shell beats forecasts with .3 bn Q2 profit, but shares down by 0.5%. The results were lifted by strong performances in the oil and gas production and retail marketing businesses and the profit was nearly 25 per cent higher than the same time a year ago

Steelmaker ArcelorMittal's Q2 core earnings slide but ahead of expectations. Steel prices in Europe and the US are below the marginal cost of production and excess output from China has resulted in very low domestic steel spreads and aggressive exports

Byju's ex-director fined ,000 per day over missing 3 million. The missing cash belongs to a bankrupt shell company, Byju's Alpha Inc., which is affiliated with Think & Learn and was taken over by the lenders after their loan defaulted

Cognizant Q2 net rises 22% to 6 mn, revises FY24 guidance to .5 bn. Cognizant has revised its full-year revenue growth guidance for FY24 from .3 billion to .5 billion, representing a growth of -0.5% to 1%

Dixon Technologies to open new Chennai facility for top notebook brands. The company is on a high growth path driven by a significant increase in manufacturing volumes for Motorola and Xiaomi. The new facility in Chennai plant is expected to be operational by Q4FY25

FirstCry to raise 1 million in IPO, targets valuation of .9 billion. It said it will use the proceeds from the offering to fund acquisitions, international expansion and set up new stores

SoftBank-backed Unicommerce sets IPO price band at Rs 102-108 per share. SoftBank-backed SaaS platform Unicommerce eSolutions Ltd on Thursday announced a price band of Rs 102 to Rs 108 crore a share for its Rs 276-crore Initial Public Offering (IPO). The company's maiden public issue will open for subscription on August 6 and c

Indigo faces backlash for cheerful tone on flight disruptions in Delhi rain. Indigo Airlines refers to flight delays caused by heavy rainfall as a 'special announcement straight from the heavenly skies' - netizens react

Govt extends minimum public shareholding deadline for PSUs till Aug 2026. Public sector banks, financial institutions too must increase their public shareholding to at least 25%

Adani's Super app launches digital lending trials with fintechs and NBFCs. Launched in December 2022, 'Adani One' app provides users with a variety of services, such as cab services, flight bookings, shopping at Adani-operated airports, and rewards redemptions

Pharma firm Rubicon Research files draft papers for Rs 1,085-cr IPO. Pharmaceutical formulation company Rubicon Research Ltd has filed draft papers with capital markets regulator Sebi to garner Rs 1,085 crore through an initial share sale. The company's Initial Public Offering (IPO) is a combination of a fresh issue of equi

Apple iPhone shipments drop 14% amid rising competition; value share falls. Amid intensifying market competition, Apple iPhone shipments in India dropped 14 per cent year-on-year and the value share of the brand slipped to third place behind Samsung and Vivo

Bank of Baroda to recover Rs 10K cr from bad loans in FY25, says CEO. Bank of Baroda recovered Rs 1,005 crore from bad debt in April-June, of which a major portion was small-ticket loans, the chief executive said

Adani Ports registers 47% jump in Q1 profit on strong cargo volumes. Shares of the Adani Group company were up 1.2% after the results, while the broader benchmark Nifty 50 gained 0.2%

Adani Enterprises Q1 results: Net profit rises 116% to Rs 1,455 cr. Consolidated net profit rose to Rs 1,455 crore for quarter ended June 30, from Rs 674 crore a year ago, the company, which is the flagship firm of the Adani Group, said in an exchange filing

Dabur Q1 result: Net profit rises 8% to Rs 500 cr, net sales at Rs 3,349 cr. 'The country's demand environment remains challenging, marked by high food inflation and unemployment rate,' says the FMCG firm

Zomato Q1 results: Net profit up at Rs 253 crore as Blinkit serves growth. Zomato's revenue surged 74 per cent to Rs 4,206 crore in the quarter, beating analysts' estimates of Rs 3,928 crore, per LSEG data

India's hospitality sector to see strong tailwinds, says Thomas Cook MD. The country's hospitality sector is likely to witness strong tailwinds in the medium to long term, with demand outpacing supply, Thomas Cook India's Executive Chairman Madhavan Menon said. In an interview with PTI, he shared that the company's expansion pl

Ather Energy partners with Amara Raja for homegrown e-scooter batteries. Ather Energy currently operates two manufacturing facilities in Hosur, Tamil Nadu, for battery production and vehicle assembly

Sun Pharma Q1 results: Net profit rises 40% to Rs 2,836 cr, revenue up 6%. On a sequential basis, the company exhibited a 6.8 per cent rise in net profit, while its revenue grew by 5.5 per cent, from Rs 2,655 crore and Rs 12,380.7 crore reported in Q3 FY24, respectively

Zomato Q1 FY25 results: Profit rises to Rs 253 crore, revenue up 74%. Zomato's revenue from operations rose 74 per cent year-on-year (Y-o-Y) to Rs 4,206 crore in Q1, up from Rs 2,416 crore a year ago

Welspun Enterprises Q1 results: Net profit up by 18% to Rs 109.73 cr. Welspun Enterprises on Thursday said it has reported an 18.2 per rise in consolidated profit to Rs 109.73 crore for the quarter ended June 2024. The company had posted a consolidated profit of Rs 92.80 crore in the year-ago period, according to a regulator

Orient Electric Q1 results: Profit down 27% to Rs 14.34 cr on high expenses. Orient Electric, which also sells mixer-grinders and switchgears, said profit decreased to Rs 14.34 crore (.7 million) in the quarter, from Rs 19.69 crore a year earlier

Arvind Fashions Q1 results: PAT at Rs 13.92 crore on strong revenue growth. Arvind Fashions Ltd on Thursday reported a consolidated net profit of Rs 13.92 crore in the first quarter ended June 2024, aided by a strong revenue growth. The company had posted a consolidated net loss of Rs 4.53 crore in the same quarter last fiscal, A

Emami Q1 results: PAT rises 10.13% to Rs 150.6 cr on domestic market growth. Homegrown FMCG major Emami Ltd on Thursday reported a 10.13 per cent rise in its profit after tax to Rs 150.6 crore for the June 2024 quarter, led by volume growth in the domestic market and expansion in margins. The company had posted a PAT of Rs 136.75 c

India becomes the largest market for Meta AI usage, says senior executive. Company testing how businesses can use AI service to interact with customers

MTNL seeks Rs 1,151.65 cr for sovereign guarantee bonds interest in FY25. Debt-ridden state-run telecom firm MTNL has sought Rs 1,151.65 crore for payment of interest arising out of sovereign guarantee bonds in the current fiscal, Parliament was informed on Thursday. Minister of State for Communications Pemmasani Chandra Sekhar

Thermax Q1 results: Net profit jumps 82% to Rs 109 cr, revenue up 13%. Energy and environment solutions provider Thermax on Thursday posted an 82 per cent jump in its consolidated net profit to Rs 109 crore as against Rs 60 crore in the same period last year mainly due to higher revenues. The company reported consolidated ope

Mahyco seals joint venture with US' RiceTec for HT rice and wheat. In the case of HT rice, the technology that the JV will commercialize is called 'FullPage' which is a new generation double stack mutant herbicide-tolerant rice technology

Prestige Estates Projects Q1 results: Net profit down 3.4% at Rs 307 crore. The realty firm's revenue from operations stood at Rs 1,862.1 crore in Q1 FY25 against Rs 1,680.9 crore in the corresponding period last year

DFPCL Q1 results: PAT surges 75% to Rs 200 cr, revenue down at Rs 2,281 cr. Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Wednesday reported 75.43 per cent growth in consolidated profit after tax at Rs 200 crore for June quarter FY25. The company's profit after tax (PAT) stood at Rs 114 crore during the correspondi

Bank of Baroda Q1 results: Net profit rises 9.5% at Rs 4,458 crore. Sequentially, the profit declined from Rs 4,886 crore in Q4FY24. Bank's stocks closed 0.94 per cent lower at Rs 253.85 on Wednesday

Maruti Suzuki sees 48% profit surge, unveils plans for 6 EVs by 2031. The automaker's earnings soared to Rs 3,759.7 crore, up from Rs 2,542.9 crore in the April-June quarter of the previous year. That surpassed Bloomberg's consensus forecast of Rs 3,272 crore

Coal India Q1 FY25 results: Net profit up 4.1% at Rs 10,959 crore. 5 of Coal India's 7 subsidiaries met production targets in Q1, but none met offtake goals

NCLAT defers edtech major Byju's, BCCI settlement after lender alert. Raveendran's brother had made part-payment on Tuesday

Uber partners with BYD to put its drivers into Chinese firm's 100,000 EVs. The pairing up cuts against increasing tensions between Washington, Beijing over future of automotive industry as China has lead in batteries and EV supply chain, and US has tried to push against it

Sundram Fasteners Q1 results: Net profit rises 11% to Rs 142.69 crore. The earnings before interest, depreciation, and taxes (EBITDA) for the quarter were at Rs 223.06 crore as against Rs 197.66 crore during the same period in the previous year

Star Health and Allied Insurance Q1 results: GWP rises 18% to Rs 3,476 cr. Standalone health insurance provider Star Health and Allied Insurance Company has reported an 18 per cent rise in its Gross Written Premium for the April-June 2024 quarter at Rs 3,476 crore. The company had recorded a Gross Written Premium of Rs 2,949 cror

Vedanta gets clearance from BSE, NSE for proposed demerger into six firms. Mining conglomerate Vedanta Ltd on Wednesday said it has received clearances from leading exchanges BSE and NSE for its proposed demerger. The development assumes significance as it will pave the way for Vedanta's plan to split into six independent listed

KRBL Q1 results: Net profit falls 55.5% to Rs 8,656 lakh on weak demand. World's biggest rice exporter imposed various curbs on exports in July last year and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May

Tata Steel Q1 results: Net profit rises 51% to Rs 959.61 cr on lower costs. Weak demand weighed on steel prices, says firm's CEO & MD

Crompton Greaves Q1 results: Net profit up at Rs 152 cr on strong demand. Revenue from operations jumped 14 per cent to Rs 2,138 crore, while cost of materials consumed fell to Rs 468 crore

Infosys gets demand notice for GST evasion of over Rs 32,000 crore. The tax demand relates to services availed by the IT services conglomerate from its overseas branches for five years starting 2017

Brokerage firm Angel One invests Rs 250 cr in wealth management arm. Brokerage Angel One on Wednesday announced a Rs 250 crore investment into its wealth management arm with an eye to capitalize on the growing affluence in the country. The capital will be deployed to develop core technological infrastructure, leveraging AI

JK Lakshmi Cement Q1 results: PAT doubles to Rs 156 cr on lower expenses. India's general elections, and an extreme summer season spanning the April-June period, restricted construction activities and hit sales volumes for cement makers

Redington Q1 results: Net profit down 1% at Rs 246 cr as demands fall. Redington's operations from rest of the world (ROW) segment, which operates in 31 countries, including Rwanda, Oman and Turkey, and contributes nearly 50 per cent to its revenue has been in pressure

Infosys says it's in full compliance after Rs 32,000 crore GST notice. The company, in a regulatory filing, said that the demand was towards the expenses incurred by its overseas brand offices for the period from July 2017 to March 2022

Ola Electric to focus sharply on two-wheelers, cars not on agenda. The country's largest electric two-wheeler player is going for the biggest IPO of the year so far, aiming to raise Rs 6,146 crore

Prestige Estates Projects Q1 results: Net profit falls 12% to Rs 233 cr. The housing market, especially in the premium segment, has seen continued growth in the past few quarters, with higher-end buyers remaining unfazed by inflationary pressures

Among top 10 most-valued auto firms globally, TaMo drives into elite club. Earlier this year, Tata Motors announced that it would form two separate companies, with one housing the commercial vehicles business and the other passenger vehicles businesses, including JLR

Latest stock market News for tomorrow Access previous news reports: 341342343344345346347348349350351352353354355356357358359

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