NSE share market NEWS tomorrow (10 July, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 July, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 July 2024
Rail Vikas was amongst the top gainers, currently trading at 609.95 in NSE with 1.354 times change in volumes and 12.381% change in price. Other gainers included Bond 8 with 4.013% price change and 1.126 times volumes, Fortis Healthcare with 3.251% price change and 1.299 times volumes, Asian Paints with 3.148% price change and 3.355 times volumes, and Rural Electrification with 2.925% price change and 1.966 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.
Pg Electroplast was amongst the top losers, currently trading at 396.90 in NSE with 4.94 times change in volumes and -90.077% change in price. Other losers included Blue Star with -7.27% price change and 0.478 times volumes, Mahindra Mahindra with -6.614% price change and 4.99 times volumes, Abb Power with -4.681% price change and 1.821 times volumes, and Uno Minda with -4.491% price change and 1.11 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.
State-owned Coal India firms up gasification plans in tie-up with BHEL. In May 2024, CIL and Bhel joined hands to set up BCGCL as a joint venture. CIL holds 51 per cent stake while Bhel has 49 per cent
Adani Green Energy raises 0 mn for its solar power projects in Raj, Guj. Adani Green Energy shares closed at Rs 1,755 a share on Wednesday with a total market valuation of Rs 2.78 trillion
Tata Steel launches virtual repository to track carbon dioxide savings. Private steel major Tata Steel recently launched a carbon bank, a virtual repository through which carbon dioxide will become a value-creating asset for future usage, a company statement said here on Wednesday. CO2 is widely recognized as a harmful substan
Vedanta demerger plan awaits NCLT's green light, says Anil Agarwal. Vedanta announced it will demerge into six different, listed entities - Vedanta Aluminium, Vedanta Oil and Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta Ltd
Altimetrik see its bn target revenue fast tracked with TPG on board. Sundaresan also added that they are working with TPG on a plan that will allow Altimetrik to tap into these opportunities
Paytm Payments Bank appoints ex-IDBI Bank executive Arun Bansal as new CEO. Reserve Bank of India (RBI) had approved Bansal's appointment as the MD and CEO of the payments bank, he communicated on June 20 to IDBI Bank
SAT directs Religare to comply with Sebi directions on Burman open offer. Told to file application with RBI, Irdai by July 22 along with concerns on 'fit & proper' status of Burmans
JTL Industries Q1 results: Net profit increases 21% to Rs 31 crore. Steel pipes maker JTL Industries Ltd on Wednesday reported a 21 per cent rise in its net profit at Rs 30.70 crore for the quarter ended June 30, aided by higher revenues. It had posted a profit of Rs 25.36 crore in the April-June period of the preceding 20
YouTube a 5 bn media giant hiding in plain sight, say analysts. The streaming unit is one of the world's most valuable media companies and worth at least 5 billion on its own, Needham's Laura Martin and Dan Medina wrote in a July 3 note
Eton Solutions launches ERP platform for family office wealth mgmt in India. Onboards the Infosys family office - Catamaran as its first customer in India
IT giant Accenture acquires US-based Cientra for undisclosed amount. The firm has presence in India and adds capabilities in silicon design and engineering
Forced layoff row: Paytm not to recover joining bonus after govt steps in. After receiving the Labour Ministry's rap over the alleged termination of an employee, the Paytm management on Wednesday appeared before the regional labour commissioner and agreed not to recover the joining bonus from the worker, according to official sou
Air India-Vistara mega-merger likely to impact around 600 non-flying staff. Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wedn
Raymond in focus amid lifestyle unit spinoff; likely to list RRL in a month. Raymond has also proposed the merger of its real estate business Raymond Realty (RRL)
Markets catch their breath after record highs; Sensex closes at 79,925. Sharp rebound from election-result day lows is being driven by hopes of policy continuity, foreign portfolio investors (FPIs) turning net buyers again, and strong macroeconomic numbers
Zepto faces backlash over Rs 131 coriander price; says issue resolved. Zepto faced social media ire after a user called out the quick commerce platform for listing coriander at an exorbitant price of Rs 131 for 100 grams. Zepto said the system glitch had "caused significant pricing disparities" across the platform and assured
Govt policy support shows commitment to 100% electrification: Ather Energy. Indian electric two-wheeler industry is on an 'amazing transformation' and policy support is a crucial signal to all stakeholders that the government stays committed to a 100 per cent electric vision, Ather Energy Co-founder & CEO Tarun Mehta said on Wedne
'Happened in 2023': Angel One responds to report of data leak of 8 mn users. The hacker claims to have accessed sensitive data, including profit and loss statements of affected customers of the Mumbai-based stock broking company
Air India likely to offer voluntary separation scheme for 600 employees. Air India will introduce a Voluntary Separation Scheme (VSS) for around 600 employees whose roles may become redundant due to the merger with Vistara
Zomato celebrates '16th janamdin' with unique ad, Paytm CEO joins the party. Zomato recently turned 16 and marked the occasion with a witty and creative advertisement that has everyone talking
Signature Global to invest Rs 2,500 cr on housing projects in FY25: CMD. Realty firm Signature Global will invest around Rs 2,500 crore this fiscal on the construction of its various housing projects, its Chairman Pradeep Kumar Aggarwal said on Wednesday. He expressed confidence that the company would meet the sales bookings gu
TVS Motor unveils Apache RTR 160 Racing Edition, priced at Rs 128,000. Two- and three-wheeler maker TVS Motor Company on Wednesday widened its product portfolio with the launch of its popular motorcycle TVS Apache 2024 RTR 160 Racing Edition at Rs 1.28 lakh (ex-showroom Delhi). Equipped with a host of features, the motorcycle
Flipkart expands digital payment offerings with five new categories. Indian e-commerce major Flipkart on Wednesday said it has partnered with payment solutions company BillDesk to expand its digital payment offerings with five new categories. The expansion includes recharge and bill payment categories, including FasTag, DTH
Supreme Court stays Gujarat HC order on recovering land from Adani Ports. On July 5, the Additional Chief Secretary notified the court that the state administration had opted to reclaim 108 hectares of 'gauchar' land previously allocated to APSEZ
Siemens bags order for electrification of Bengaluru Metro phase 2. Siemens Limited, as part of a consortium along with Rail Vikas Nigam Limited, has secured an order worth Rs 766 crore from Bangalore Metro Rail Corporation Limited for electrification of Bengaluru Metro Phase 2 project contributing to sustainable public tr
Investors from West Asia, Japan eying YES Bank's bn stake sale: Report. The Middle Eastern lender is weighing a bid for as much as a 51% stake in Yes Bank, the people said, asking not to be identified as the deliberations are private
Zydus Life gets USFDA approval to market heart failure treatment drug. Zydus Lifesciences Ltd on Wednesday said it has received final approval from the US health regulator to market its generic Sacubitril and Valsartan tablets combination used to treat chronic heart failure in adults. The approval by the US Food and Drug Admi
Bengaluru office stock to reach 330-340 msf by 2030: CII-CBRE. In Bengaluru, the technology sector accounts for 30-35 per cent of annual absorption, primarily in the commercial hubs of Outer Ring Road (ORR) and Whitefield
Glenmark Pharmaceuticals to sell 7.84% stake in Glenmark Life Sciences. The specific price and date of the offer for sale will likely be announced in the future
Vedanta going ahead with demerger of businesses, says Anil Agarwal. Vedanta Chairman Anil Agarwal on Wednesday said that the company is going ahead with the proposed demerger of its businesses that will lead to formation of six firms and unlocking of massive value. The company has received approvals from the majority of it
Louis Dreyfus relaunches edible oil brand 'Vibhor' for North India market. Global agricultural merchant Louis Dreyfus Company on Wednesday announced the relaunch of its edible oil brand 'Vibhor' in North India's business-to-consumer segment. With this, the company aims to capitalise on India's growing edible oil market. The refre
Agritech startup Arya.ag raises Rs 242 crore in pre-series D funding round. Agritech startup Arya.ag on Wednesday said it has raised USD 29 million (Rs 242 crore) in a funding round from investors to expand its business. The company, an integrated grain commerce platform, said in a statement that the amount was raised in a Pre-Ser
Uber sees rise in Indian travellers using app abroad, sets summer record. Uber data shows that Indian travellers (using the app) visited nearly 1,000 cities across 68 countries in 2023, with the top countries being the US, the UK, and Canada
'No link between XUV700 price cuts and UP EV policy': Mahindra & Mahindra. The automobile manufacturer said that the announced price cut of XUV700 is a business strategy that was pre-decided in a February meeting
SBI raises Rs 10,000 crore at a coupon of 7.36% in 15-year infra bonds. Several other state-owned lenders such as Canara Bank and Bank of India are also planning to raise funds through infrastructure bonds
Crisis-hit Paytm expands ESOP pool with 280k stock options for staff. The development comes amid reports that Paytm may announce up to 20% layoffs in the current financial year amid regulatory setbacks imposed by the RBI
YES Bank denies report on 51% stake sale, calls it 'factually incorrect'. The bank called the news report "factually incorrect and purely speculative" in nature
Gautam Adani to start shipbuilding at Mundra port amid global demand surge. The Adani Group's undisclosed shipbuilding initiative is embedded within Mundra Port's Rs 45,000 crore expansion plan, recently cleared by environmental authorities
Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernise workplace'. IT company will also deploy GitHub Copilot for 5,000 developers, expecting a 35-40 per cent boost in productivity
Crisis-hit Paytm gets govt panel's nod to invest in payments arm: Report. The approval, which still has to be vetted by the finance ministry, will remove the main stumbling block to the unit, Paytm Payment Services, resuming normal business operations
Reliance Retail plans to launch sports format to compete with Decathlon. Reliance is in talks to lease 8,000-10,000 sq ft space across malls and high streets in top cities for the new venture. The name of the new brand has not been disclosed yet
Stopped sale of 14 suspended products: Patanjali tells Supreme Court. Advertisement industry should not suffer due to orders against company, says court
HDFC Ergo General Insurance processes its first claim on NHCX platform. NHCX is a single-window interface developed by the National Health Authority (NHA). It provides a secure platform and efficient exchange of health insurance claims data
Kalpataru Projects International ups fund limit via NCDs to Rs 1,600 cr. Kalpataru Projects International Ltd (KPIL) on Tuesday said its board has approved a proposal to increase the fundraising limit to Rs 1,600 crore through the issuance of NCDs. To date, the company has an outstanding non-convertible debentures (NCDs) of Rs
CCPA directs Yatra to expedite refunds of flight cancellation during Covid. The Central Consumer Protection Authority (CCPA) has ordered online travel agency Yatra to speed up pending refunds for flight cancellations during the COVID-19 lockdown, the consumer affairs ministry said on Tuesday. In its June 27 order, the CCPA directe
ONGC to invest Rs 2 trillion to meet net zero carbon emission target. State-owned Oil and Natural Gas Corporation (ONGC) will invest about Rs 2 lakh crore in setting up renewable energy sites and green hydrogen plants and cutting gas flaring to zero to achieve its 2038 net-zero carbon emission goal. The company, which produc
Cognizant settles CFO lawsuit with Wipro; pays Rs 4 crore in settlement. The settlement resolves all pending disputes between Dalal and Wipro, said the company in a statement
Alembic Pharma receives USFDA nod for Bromfenac Ophthalmic Solution. The drug is expected to be manufactured in Alembic's manufacturing facilities in Gujarat, according to sources close to the company
Proptechs experience traffic surge as AI enhances consumer experience. Reports indicate that the Indian proptech market is projected to grow 9.6 per cent annually from 2021 to 2025, reaching a 0 billion valuation by 2030
Maruti drives mkt euphoria: Nifty hits fresh high, Sensex up over 300 pts. Indian equities have largely been on an upward trajectory following the general election results amidst hopes of policy continuity, earnings stability, and stable macroeconomic numbers
Canara Bank plans to raise Rs 10K cr through infrastructure bonds in FY25. A Canara Bank official said it expects to raise part of this amount this quarter (Q2FY25) itself, subject to market conditions. It is part of the efforts to diversify sources of funding
PNB launches 'Safety Ring' to enhance security for internet, mobile banking. State-owned Punjab National Bank (PNB) on Tuesday introduced a new security feature 'Safety Ring' within its internet banking system and mobile banking system in response to the increasing number of cyber frauds. This mechanism provides an additional safet
India Ratings downgrades state-owned RINL's term loans to default grade. RINL's liquidity is poor because of low-to-negative EBITDA generation against its significantly high debt repayment obligations
Ashwin Sheth to invest Rs 5,000 cr to expand biz, to launch IPO in 2 yrs. Realty firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and plans to launch its maiden public issue in the next 18-24 months to raise up to Rs 3,000 crore. The Mumbai-based company said it has achie
Funding into AI-focused startups more than doubles to bn in Q2. Overall startup funding grew 16% sequentially to touch bn in last quarter, primarily driven by investments in AI, which became largest sector for first time, followed by healthcare and biotech
Infosys, Sector Alarm partner to transform enterprise biz systems on cloud. Indian IT services company Infosys on Tuesday announced a five-year collaboration with Sector Alarm, one of Europe's leading providers in security, to migrate their core enterprise business systems on the cloud. According to a release, Infosys will work cl
IBM Software sees 30-40% productivity gains among developers using GenAI. Nirmal believes that one of the biggest benefits GenAI brings is automation, which leads to optimisations and productivity gains
Chandra Shekhar Ghosh hangs up boots as Bandhan Bank MD and CEO. Ghosh's abrupt departure surprised many, given the bank's board had in November last year approved extending his tenure until 2027, subject to the banking regulator's approval
UP tax sops recognise hybrid vehicles role in cutting emissions: Maruti. Maruti Suzuki India Chairman RC Bhargava on Tuesday said the reported 100 per cent registration waiver for hybrid vehicles by the Uttar Pradesh government recognises the fact that multiple technologies are required to reduce carbon emissions and oil import
Sun Pharma open to exploring acquisitions in global specialty portfolio. Sun Pharma has net cash position of .4 bn at end of FY24; 6 new specialty products in R&D pipeline
MobiKwik wallet numbers rise as banking players go through downturn. Among the non-bank players, MobiKwik had about 134.1 million wallets in January, which rose 2 per cent to 136.8 million in May, ranking the company second in terms of wallet numbers
Amar Kaul appointed as MD & CEO of CG Power for a period of five years. Kaul has over 30 years of total work experience, 12 years of which has been overseas experience
Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal. Litro holds the largest market share in Sri Lanka's duopoly LPG market that is mostly focused on domestic gas supplies
HC orders social media platforms to ban accounts misusing Razorpay's name. The Delhi High Court's order includes measures such as suspension of access to domain names operated by unknown entities involved in these scams
Accenture buys Bengaluru-based chip design company Excelmax Technologies. The investment signifies that the company is making to build semiconductor capabilities
Ajmera Realty & Infra clocks 36% growth in Q1 sales bookings to Rs 306 cr. Ajmera Realty & Infra India Ltd on Monday reported a 36 per cent rise in its sales bookings to Rs 306 crore in the first quarter of this fiscal on better demand. The company had sold properties worth Rs 225 crore in the year-ago period. In a statement, Dha
G.O.A.T Brand Labs raises mn from BlackRock, Mayfield, others. While GOAT has completed the million raise, the round is likely to get extended and close at about million given the interest and the active discussions
Hindustan Zinc releases report on nature-related risks, climate change. Vedanta group firm Hindustan Zinc Ltd on Monday said it has released a report that helps in identifying nature-related risks and assists the company in creating sustainable strategies to tackle climate change. The Taskforce on Nature-related Financial Disc
RBI approves Govind Singh's re-appointment as MD & CEO of Utkarsh SFB. The present term of Govind Singh is up to September 20, 2024. The board of the SFB had approved his re-appointment in the meeting held on January 27, 2024
Online grocery shopping permeates Tier-III,-IV: LocalCircles study. 2 in 3 consumers who use online grocery platforms to purchase groceries say they prefer a 3-24 hour delivery window with no delivery fee
We plan to double shipments to 700 mn in India in 10 yrs: Xiaomi president. He said the company is mulling to start manufacturing artificial intelligence-based Internet of Things devices in India, and conversations are on for making its tablet in the country
Nestle India investors clear royalty payments to parent co at existing rate. FMCG firm Nestle India on Monday said its shareholders have approved to continue paying royalty to its parent firm at the current rate of 4.5 per cent of the net sales. Earlier in May this year, the shareholders of the company had rejected a proposal to in
BlackRock buys 4.55 mn shares of Swan Energy worth Rs 304 cr via block deal. Global asset manager BlackRock on Monday bought shares of Swan Energy for Rs 304 crore through open market transactions. US-based BlackRock through its three affiliates acquired 45.56 lakh shares, amounting to a 1.45 per cent stake in Mumbai-based Swan Ene
TCS, HCL earnings recovery may get further push from growth in AI demand. TCS results this week should show revenue growth picked up sequentially in the April-June quarter, consensus estimates show
Welspun One raises Rs 2,275 cr for second fund to build warehousing assets. Welspun One has raised Rs 2,275 crore from investors for its second fund and would use the capital to develop warehousing properties. Welspun One, an integrated fund and development management platform, on Monday announced the successful closure of its sec
Xiaomi to showcase its first electric car SU7 EV on June 9 in India. Chinese technology company Xiaomi might not proceed with launching SU7 EV in the Indian market just yet, reports suggest. It aims to gauge the interest of Indian consumers in its electric cars
Maruti Suzuki to dispatch 35% of vehicle production via railways by FY31. Maruti Suzuki India plans to utilise Indian Railways to transport 35 per cent of the vehicles produced across its factories over the next 7-8 years, according to MD and CEO Hisashi Takeuchi. The share of vehicle dispatches through railways scaled to 21.5 p
Blackstone Inc in advanced talks to acquire controlling stake in Haldiram's. Blackstone, together with consortium partners Abu Dhabi Investment Authority and Singapore's GIC, have been in discussions for several months with the Agrawal family members based in Delhi and Nagpur
Tata Consumer Products to boost growth of tea, coffee, salt businesses. Leading FMCG company Tata Consumer Products Limited (TCPL) will continue to invest in its brands and accelerate the growth momentum of the core businesses, tea, coffee and salt, the company's annual report said. In the annual report for 2023-24, TCPL said
L&T bags Rs 10-15K cr order to build two solar plants in West Asia. Proposed plants will have a cumulative capacity of 3.5 GW, the Indian engineering giant said. The work on the projects will commence soon
Mercedes-Benz India bets on EVs, posts 60% growth in sales in H12024. The company launched the EQA 250+ on Monday, priced at Rs 66 lakh, which comes with a range of 497-560 km per charge
Edelweiss Financial Services plans to raise up to Rs 200 crore through NCDs. The company plans to allocate at least 75% of funds raised to the repayment or prepayment of existing borrowings
HCLTech's Roshni Nadar Malhotra conferred highest civilian award of France. Instituted in 1802 by Napoleon Bonaparte, the Chevalier de la Legion d'Honneur is the highest civilian award given by the French Republic for outstanding service to France
Tata Realty gets Rs 825 cr from IFC for advancement in Chennai green asset. This financing initiative is part of Tata Realty's broader commitment to advance its sustainability efforts and elevate the standard of green commercial spaces across India
Ola's Bhavish Aggarwal urges developers to exit Google Maps, offers credits. Ola is offering 1-year free access to developers to Ola Maps on the company's Krutrim cloud and is offering over Rs 100 crore free credits
State Bank of India invites EoIs for stressed exposure in Amul Industries. Entities submitting EoIs will be allowed to conduct due diligence on the asset by August 5, following which binding bids will be invited during the e-auction on a 100 per cent cash basis
SpiceJet faces new financial crisis over unpaid provident fund dues. SpiceJet faces new financial crisis: The last provident fund deposit by SpiceJet was made in January 2022 for 11,581 employees, as revealed by a query sent to the EPFO
Torrent Power to build 50 MW solar projects for ARS Steel's power supply. Torrent Power's subsidiary Torrent Urja 14 (TU14) will set up solar projects of up to 50 MW to supply clean power to ARS Steels & Alloy International (ARS), a BSE filing said on Monday. As per the Subscription and Shareholders' Agreement (SSSA) signed on M
Food inflation, commodity prices remain a challenge: Nestle India. Company declares interim dividend of Rs 2.75 per equity share, final dividend of Rs 8.5 per equity share
Tata Motors Group reports 2% increase in Q1 FY25 global wholesales. CV sales up, passenger vehicles dip slightly; JLR growth strong
Nadir-Adi Godrej family buys stake worth Rs 3,803 cr in Godrej Industries. Godrej Industries shares closed at Rs 899 a share on Monday
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