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NSE share market NEWS tomorrow (18 July, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (18 July, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 July 2024

Ltimindtree was amongst the top gainers, currently trading at 5756.90 in NSE with 7.636 times change in volumes and 3.498% change in price. Other gainers included Manappuram Finance with 3.485% price change and 2.299 times volumes, Tata Consultancy with 3.281% price change and 2.766 times volumes, Indus Towers with 2.974% price change and 2.373 times volumes, and Multi Commodity with 2.969% price change and 1.763 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.

Trent was amongst the top losers, currently trading at 5308.50 in NSE with 2.092 times change in volumes and -5.999% change in price. Other losers included Hindustan Aeronautics with -5.885% price change and 2.987 times volumes, Cg Power with -5.653% price change and 4.826 times volumes, Titagarh Rail with -5.577% price change and 0.84 times volumes, and Rail Vikas with -5.483% price change and 1.175 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.

Lupin and Huons partner to bring novel dry eye treatment to Mexico. Cyclosporine Ophthalmic Nanoemulsion is a preservative-free treatment for dry eye syndrome and healing corneal ulcers

Karur Vysya Bank Q1 results: Net profit rises 27.86% to Rs 459 crore. Operating expenses for the quarter were Rs 667 crore compared to Rs 582 crore during the corresponding quarter of the previous year

Dalmia Bharat Q1FY25 results: Net profit rises 8% to Rs 141 crore. Earnings before interest, taxation, depreciation and amortisation (Ebitda), the company said, increased 9.2 per cent to Rs 669 crore.

L&T Technology Q1FY25 results: Net profit up marginally at Rs 313.6 crore. The EBIT margin of the company stood at 15.6 per cent, falling 130 basis points (bps) sequentially and 1.6 per cent YoY

CEAT Q1 results: Profit rises 2.74% to Rs 149.79 cr, revenue up 8.79%. On a sequential basis, the company exhibited a 6.73 per cent increase in revenue, along with PAT, which also rose by 32.04 per cent

India's first pvt deeptech hub launches in NCR, aiming to mobilise 0 mn. Collectively, the hub targets to mobilise 0 million in the Indian deeptech ecosystem

Adani, Wilmar likely to pick banks for sale of stake in joint venture. Representatives for the Adani group and Nuvama did not offer any immediate comments, while representatives for Jefferies, SBI Capital and Wilmar International declined to comment

Edtech firm Byju's moves NCLAT against NCLT order, seeks urgent hearing. Byju's, once valued at billion, is seeking an urgent hearing at NCLAT against the insolvency order by NCLT based on a plea from BCCI over the non-payment of Rs 158 crore

IDBI Bank stake sale: RBI vetting process in last leg, report by month-end. The central bank's clearance will be seen as an important milestone for the bank's strategic disinvestment

Dr. Reddy's Laboratories joins race to bring new GERD drug to India. Dr. Reddy's will market Vonoprazan tablets under its own brand Vono, and it will be available in two strengths, 10 mg and 20 mg

HDFC Bank to grow advances slower than its deposits: CEO Jagdishan. Erstwhile housing finance major HDFC Ltd. merged into HDFC Bank on July 1, 2023, creating a financial behemoth

DoT will be creating performance monitoring units for BSNL: Scindia. Testing and reimbursement scheme for startups & MSEs announced

Krutrim takes on Google, unveils new pricing & future roadmap for Ola Maps. For larger volumes, despite recent price adjustments by Google, Krutrim said it is offering prices which are 50 per cent of Google Maps' reduced rates, ensuring value for the users

Flipkart announces GOAT sale, offers deals on wide selection of products. Flipkart, India's homegrown e-commerce marketplace, on Thursday announced its first-ever G.O.A.T (Greatest of All Time) sale, slated for July 20-25, with early access starting on July 19, offering attractive deals on a wide array of products such as large

Kishore Biyani's nephew Vivek Biyani launches retail chain for D2C company. Broadway to house over 100 Indian D2C brands offline in a content-to-commerce model

Retail chain Shoppers Stop posts net loss of Rs 22.72 cr in first quarter. Retail chain Shoppers Stop Ltd on Thursday reported a consolidated net loss of Rs 22.72 crore in the June 2024 quarter, hit by subdued consumption due to prolonged heat waves, elections and inflation. The company posted a consolidated net profit of Rs 14.4

Bharti Airtel bags multi-yr contract from CBDT to provide network solutions. The Central Board of Direct Taxes (CBDT) on Thursday signed a multi-year contract with telecom major Bharti Airtel, under which the latter will provide network and connectivity solutions for CBDT's Taxnet-2.0 programme. This contract is an extension as Air

HDFC Bank to up loan book slower than deposits, focus on reducing CD ratio. HDFC Bank will be growing its advances slower than the deposits, and focus on getting the credit-deposit ratio to the pre-merger levels, according to a top bank official. In the annual report of the country's largest private sector lender, its managing dir

Domino's Pizza posts quarterly sales miss amid muted fast-food demand. Domino's U.S. same-store sales growth of 4.8 per cent in the quarter fell just short of expectations of 4.91 per cent growth, according to LSEG data

OpenAI unveils cheap, less energy-intensive small AI model GPT-4o mini. Priced at 15 cents per million input tokens and 60 cents per million output tokens, the GPT-4o mini is more than 60per cent cheaper than GPT-3.5 Turbo, OpenAI said

USFDA classifies inspection of Zydus unit as 'official action indicated'. Zydus Lifesciences on Thursday said the US health regulator has cautioned that its Gujarat-based injectables plant may be subject to regulatory actions. The company said it has received a report from the US Food and Drug Administration (USFDA) for the insp

Google set to lead 0 mn round by Indian mobile startup Glance InMobi. Outlay would increase Google's bets in the world's most populous country, where it vies with local contenders as well as global peers Microsoft, Meta Platforms and Amazon.com for new growth areas

Blackstone Q2 results: Earnings rose 3% on private equity, credit gains. The New York-based investment firm's results underscore how a long spell of high interest rates has dragged down some aspects of its business while buoying others

Air India's Delhi to San Francisco flight diverted to Russia due to glitch. According to the information, the aircraft has landed safely and airline officials are working with relevant authorities to ensure guests are taken care of until the next course of action is decided

Android mobile device matter: SC to hear pleas of Google, CCI in Sept. The Supreme Court Thursday said it will hear in the second week of September the cross-pleas of Google and the Competition Commission of India challenging a verdict of an appellate tribunal in a case related to the tech giant's alleged anti-competitive pra

Former Alibaba India head, 9Unicorn partner launch Rs 1,000 cr fund. Former head of investments at Alibaba Group's India business Raghav Bahl and 9Unicorns ex-partner Soham Avlani on Thursday announced the launch of PROMAFT Partners -- a Rs 1,000-crore venture capital fund. The sector-agnostic fund seeks to invest in compan

Air India unveils voluntary retirement, separation schemes before merger. The Tata Group-owned airline introduced voluntary retirement scheme for employees with at least five years of service, and voluntary separation scheme for those with less than five years of service

Godrej Storage Solutions to invest Rs 400 cr in new unit near Chennai. GSS said it has made significant investments to expand capacity and build capability to serve its customers

Microsoft faces backlash over DEI team layoffs amid diversity commitments. Microsoft has laid off its internal team dedicated to diversity, equity, and inclusion (DEI) due to 'changing business needs'

Snapdeal founders Kunal Bahl, Rohit Bansal exit Urban Co with 200X returns. Titan Capital's Rohit Bansal and Kunal Bahl secured the returns on their decade-old seed cheque to the firm, having invested Rs 57 lakh in 2015

Mankind Pharma and EQT compete to acquire BSV Group for Rs 14,000 crore. Advent International, the private equity firm currently owning BSV, appointed JP Morgan and Jefferies to facilitate the sale of the biopharma firm

Disney's Slack under attack: Hacktivists expose chat data on artist rights. Hacktivist group NullBulge accessed Disney's network through a compromised video game mod installed by a developer. Unlike typical hackers, the group appears to be uninterested in financial gains

Union Budget 2024 to signal next steps for IDBI Bank privatisation. IDBI Bank's market capitalisation is around Rs 95,000 crore. The government could secure close to Rs 29,000 crore for the sale of 30.5% of its 45.5% stake

Warner Bros Discovery mulls major restructuring to boost stock value. CEO David Zaslav is evaluating various strategic paths, which may include asset sales or establishing a new entity for its Warner Bros movie studio and Max streaming service

WazirX suffers security breach after suspicious 0 million transfer. WazirX confirmed the security breach on X. The firm has temporarily paused customer withdrawals

Aurobindo Pharma board approves share buyback plan worth Rs 750 cr. Aurobindo Pharma on Thursday said its board has approved a share buyback plan of up to Rs 750 crore. The company's board has approved the buyback of up to 51,36,986 shares representing up to 0.88 per cent of the total paid-up equity share capital, Aurobind

Havells India Q1 results: PAT up 42% at Rs 407.51 cr on robust sales growth. Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in the first quarter ended June 30, 2024 as a scorching summer led to robust sales growth. The company had posted a consolidated net profit of Rs 287.07

Tata Communications Q1FY25 results: Revenue rises 18% to Rs 5,633 cr. Revenue from the data services business, which contributes more than 80 per cent to the total, climbed 20 per cent, on the back of a 52 per cent growth in its digital portfolio

Vedanta's QIP receives bids for Rs 23,000 cr against offer of Rs 8,000 cr. Mining conglomerate Vedanta Ltd's (Vedanta) qualified institutions placement (QIP) of Rs 8,000 crore got around three times subscription around Rs 23,000 crore, institutional brokers said. The QIP witnessed significant interest from Foreign Institutional I

Infosys Q1FY25 results: Net profit up 7.1%; revenue guidance raised. Infosys Q1FY25 results: IT major raised its revenue guidance upwards for the financial year 2024-25 to 3-4%

Polycab India Q1 results: Net profit falls marginally to Rs 401.62 cr. Wires and cables maker Polycab India Ltd on Thursday reported a marginal decline in consolidated net profit to Rs 401.62 crore in the June 2024 quarter, impacted by higher expenses. The company had posted a consolidated net profit of Rs 403.16 crore in the

Toshiba Group to invest 10 bn Japanese yen in India to increase capacity. Toshiba Group on Thursday said it will invest 10 billion Japanese yen (over Rs 500 crore) to increase the capacity of producing power transmission and distribution equipment in India. Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI) will

Nokia reports double-digit Q2 profit drop, expects better second half. Wireless and fixed-network equipment maker Nokia Thursday reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G technology. The Espoo, Finland-based company repor

Tata Technologies Q1 result: Profit falls 15% on declining services revenue. Tata Technologies' profit fell 27% in the quarter ended March 31 due to similar reasons

JSW Infrastructure Q1 results: Net profit fall 9% on higher expenses. Its consolidated net profit fell to Rs 292 crore (about million) in the quarter ended June 30 from Rs 321 crore in the year-ago period

Infosys to hit campuses; total hiring target at 15,000-20,000 for FY25. With Infosys announcing its hiring target, it joins the line of its peers who have already announced their campus hiring targets

LTIMindtree bags multimillion dollar contract extension with Absa Bank. This strengthened partnership solidifies LTIMindtree's leadership in the banking, financial services, and insurance (BFSI) sector

Bigbasket ventures into SaaS-based supply chain platform BB Matrix. BB Matrix will provide three SaaS verticals - a Warehouse Management System (WMS), a Transport Management System (TMS), and an Order Management System (OMS)

Bank of India raises Rs 5,000 crore at 7.54% through 10-year infra bonds. SBI has raised Rs 20,000 crore through infra bonds while Canara Bank has raised Rs 10,000 crore

L&T Technology Q1 result: Revenue up 7% at Rs 2,462 cr, misses expectations. Revenue in its Indian and European segments rose 12.2 per cent and 23.7 per cent, respectively

Byju's knocks at NCLAT door against NCLT's insolvency order in BCCI case. Crisis-ridden Byju's has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI's petition for initiating insolvency proceedings against the once-famed edtech company, sources said. Source

MyTVS lines up its expansion plans, sets sight on overseas market. Raghavan indicated that the presence of MyTVS has the potential to reach 750 towns in the next two years, versus around 450 towns now

AI solutions firm Tredence to expand India operations, to hire more staff. Plans to increase its workforce in India by 60 per cent by mid-2025

DLF to expand housing, commercial property biz: Chairman Rajiv Singh. Realty major DLF will focus on expanding its business to develop residential and commercial projects and is entering new markets Mumbai and Goa to tap into growth opportunities, its Chairman Rajiv Singh said. In his message to shareholders in the annual re

DVC to be corporatised, divided into 3 entities keeping ownership intact. The Damodar Valley Corporation (DVC), the first multipurpose river valley project of independent India, will be corporatised, unbundling into at least three entities for transmission, generation, and distribution to achieve greater efficiency, an official

Go First heads towards liquidation after failed EaseMyTrip, SpiceJet bids. Go First owes creditors - Central Bank of India, Bank of Baroda, and IDBI Bank - around Rs 6,200 crore

Hybrid cars 'best solution' until non-fossil energy is widespread: Suzuki. EVs, hybrids could have 33 per cent share each in Indian market by 2035: Suzuki

Edtech major Byju's to appeal against insolvency proceedings this week. Byju's has suffered numerous setbacks in recent years, including boardroom exits and a tussle with investors

Panasonic Avionics opens new software design & development facility in Pune. In-flight Engagement and Connectivity (IFEC) solutions provider Panasonic Avionics on Wednesday opened a new software design and development facility in Pune. The new facility, inaugurated by the Minister of State for Civil Aviation, Murlidhar Mohol, is th

MTNL deposits bond interest payout after invocation of govt guarantee. The struggling state-run company had received Rs 936 million (.21 million) from the government for the interest payment as per the guarantee agreement for the bonds

JSW MG to launch 5 cars in next 12 months: CEO Emeritus Rajeev Chaba. MG currently sells five models in India -- Hector, Gloster, Astor, Comet and ZS. The first three are internal combustion engine-run cars while the last two are electric cars

Asian Paints Q1 results: Net profit falls 24.5% on weak demand, price cuts. During the quarter, the company's net sales stood at Rs 8,970 crore and were down 2.3 per cent due to weak demand conditions, which the company attributed to general elections and severe heat waves

TCS' AI pipeline at .5bn; focus on talent development, AI engagement. TCS is working on an AI-based interview coach that evaluates both the content of an employee's responses and their body language and tone, providing corrective feedback

Vibhor Steel Tubes ups special steel capacity to 48,000 tonnes in Telangana. Vibhor Steel Tubes Ltd (VSTL) on Wednesday said the company has doubled its special steel manufacturing capacity at its Telangana plant to 48,000 tonnes from 24,000 tonnes. It has inaugurated a new Galvanizing Iron (GI) manufacturing unit in the state to i

Alphacorp to invest Rs 350 crore in luxury housing project in Gurugram. Realty firm Alphacorp will invest Rs 350 crore to develop a luxury housing project in Gurugram as part of its expansion plan amid strong consumer demand. Without divulging the name of the partner, Alphacorp said it has tied up with an entity that owns two

Refex Green Mobility signs pact with Citroen to procure 500 e-C3 EVs. French automaker Citroen has signed a memorandum of understanding with Refex Green Mobility Ltd, a subsidiary of diversified conglomerate the Refex Group, towards the procurement of 500 Citroen e-C3 electric vehicles. The largest order for Refex Green Mobi

Fitterfly collab with Google Cloud to launch AI feature for diabetic people. Fitterfly Klik uses AI computer vision paired with the Fitterfly Nutrition Database, comprising over 37,000 Indian foods, to recognize, analyze, and break down food

TVS to invest 200 mn pounds in Norton Motorcycles; India launch on plan. The Solihull, UK-based company seeks to expand in the US, Germany, France, Italy, and India, TVS said

Glenmark Pharma receives USFDA approval for seizure treatment drug. The approval by the US Food & Drug Administration (USFDA) is for Topiramate capsules of strengths 15 mg and 25 mg, Glenmark Pharmaceuticals said in a statement

LTIMindtree Q1 results: Net profit down by 1.5%, revenue increases by 5%. The company's first-quarter performance beat revenue but missed net profit estimates of Bloomberg

GRSE to build ocean research vessel in collaboration with NCPOR. Defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) signed a contract with the National Centre for Polar and Ocean Research (NCPOR) for constructing an ocean research vessel, an official said on Wednesday. The contract, worth approximately R

Dharana Capital acquires shares worth Rs 400 crore in Urban Company. Dharana Capital founder Vamsi Duvvuri to join the board as Non-Executive Director

Zydus announces licensing deal with Takeda for new GERD drug Vault. Vault works by inhibiting the production of stomach acid and is approved by the Drugs Controller General of India (DCGI) for the treatment of reflux esophagitis and other acid peptic disorders (APDs)

Nazara Tech's two subsidiaries receive Rs 1,120 cr GST demand notice. Nazara Technologies on Wednesday informed that two of its subsidiaries have received show cause notice and intimation for GST liability adding up to nearly Rs 1,120 crore. Openplay Technologies has received a show cause notice from the Director General of

OIa founder calls to create India's own AI stack, use DPI to build datasets. To be leaders on the AI front, Aggarwal elucidated that the country needs the government and the industry to adopt AI applications

L&T Finance planning to resume retail bond issuance in H2FY25: CFO Joshi. Firm stepping up borrowing through Commercial Paper to make the most of soft interest rates

On its 3rd anniversary, Zepto logs highest-ever order volume at 750k. As part of a special marketing campaign, Zepto partnered with several brands for giveaways to as many as 800,000 consumers

Facilities management firm Krystal keen on hiring Agniveers post-term. Krystal, a listed facilities management company, will be keen on hiring Agniveers after their short-term engagement with defence services comes to an end, a top company official has said. Some of the talented Agniveers, who are trained as a part of their i

Sanofi to invest 7 million in India global centre, double its workforce. The Hyderabad facility is expected to do a significant amount of documentation work related to drug clinical trials, Roach added

India an important market, looking for double-digit growth: Canon. India is among the "important markets" globally for Canon, where the Japanese multinational will continue its "double-digit growth" helped by a growing economy and demand, top company officials said on Wednesday. The company sees India as a "high potential

Merger pains: Air India announces VRS scheme for permanent ground staff. Sources stated that approximately 500-600 employees, out of a total of 18,000 from the two carriers, are expected to be retired or separated

Hathway Q1 results: PAT declines 18% to Rs 18 cr, revenue at Rs 502.6 cr. Hathway Cable & Datacom Ltd -- provider of cable and internet services -- on Wednesday reported a decline of 18.1 per cent in consolidated net profit to Rs 18.32 crore for the June quarter. The company had posted a net profit of Rs 22.36 crore in the April

Byju's may challenge NCLT's insolvency proceedings order against its parent. Sources say the company may approach NCLAT in the next few days

MCA allows multiple KYC updates throughout the year for directors. Earlier, once annual KYC was filed, mobile numbers and email IDs could not be updated till April the next year

Boon raises mn in funding from Spanish Roca Group Ventures, others. Water technology startup Boon has raised USD 5 million, (around Rs 42 crore) in a mix of equity and debt funding round, the company said on Wednesday. The funding was led by Spanish Roca Group Ventures, and Roca Group's Venturing Fund, among others. It is

Voda-Idea expands L900 tech in Kolkata to enhance network infrastructure. Post-acquisition of additional spectrum in the 900 Mhz band in Kolkata, telecom operator Vodafone Idea (Vi) announced expansion of L900 technology in 3000 sites across the city to enhance network infrastructure. L900 is an advanced technology that aims at

Citi to boost investment banking headcount in India betting on M&A surge. MUMBAI (Reuters) - Citigroup plans to bolster the headcount in its India investment banking unit, betting on a surge in equity capital market and M&A deals in one of the world's fastest growing economies, a top country executive said.

Amazon Prime Day event starts, sales up 12% in first 7 hours: Report. The average household spent about 0 on Prime Day purchases as of noon New York time, according to Numerator, which tracked more than 2,000 orders from more than 1,200 households

FlixBus partners with Paytm to enhance global travel tech distribution. Global travel tech firm FlixBus has partnered with fintech major Paytm to expand its distribution network, a joint statement said on Tuesday. With this, FlixBus tickets will now be available through the Paytm app. "This collaboration is poised to drive sub

Himadri Speciality Q1 results: PAT jumps 40% to Rs 123 cr, Ebitda up 43%. Himadri Speciality Chemical Ltd (HSCL) on Tuesday reported a 40 per cent year-on-year jump in net profit to Rs 123 crore in the first quarter of the current fiscal and said it will retain the traction for the year backed by volume and margin growth. EBITDA

Ola Electric likely to set valuation at around .5 billion for IPO. Indian markets regulator in June approved Ola's 0 million stock market listing, the first IPO by an EV-maker in India and which is set to be one of country's largest share sales this year

State Bank of India launches spl scheme 'Amrit Vrishti' to garner deposits. SBI's Amrit Vrishti offers 7.25% on deposits for 444 days

Public-sector banks make beeline for fundraise via infrastructure bonds. Canara Bank raises Rs 10,000 crore at 7.4% through 10-yr bonds

Cipla receives additional Rs 773.44 crore tax demand from income tax office. Cipla's share price declined by 0.56 per cent, ending the day's trade at Rs 1,507.50 apiece on the BSE

Pune-based ElasticRun eyes operational profitability by end of October. The business-to-business ecommerce player has, for instance, focused on working with regional brands as they give better margins and also allow them to partner with these brands in marketing

UK starts probe into Microsoft's hiring of former Inflection AI staff. In March, Microsoft hired Mustafa Suleyman, co-founder of Google DeepMind, as head of its newly-created AI unit, followed by a number of employees from Inflection, which he set up in 2022

Adani, Wilmar considering to sell 0 million stake in joint venture. Shares of Adani Wilmar have slid 6.8% this year, valuing the company at about .1 billion

AI PCs to account for 5-10% of shipments by year end: Asus executive. Su claims that Asus has grown between 3-4 per cent in the first half of 2024, ahead of the overall market

Assam govt, Tata Group ink land deal for Rs 27,000 cr semiconductor plant. The Assam Government on Tuesday signed an agreement with the Tata Group to lease over 170 acres of land to the company at Jagiroad in Morigaon district for a Rs 27,000-crore semiconductor plant. The 60-year lease agreement was finalised at the sub-registra

Irdai imposes penalty of Rs 2 crore on Bajaj Finance, Aegon Life Insurance. Bajaj Finance said that the decision does not have any material impact on its financial, operational, or other activities, the company said in an exchange filing

Latest stock market News for tomorrow Access previous news reports: 353354355356357358359360361362363364365366367368369370371

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