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NSE share market NEWS tomorrow (08 July, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 July, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 July 2024

Rail Vikas was amongst the top gainers, currently trading at 565.90 in NSE with 1.171 times change in volumes and 15.243% change in price. Other gainers included One 97 with 8.201% price change and 1.915 times volumes, Ireda 8 with 7.665% price change and 1.766 times volumes, Bond 8 with 7.326% price change and 1.162 times volumes, and Rural Electrification with 4.677% price change and 2.071 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.

Au Small was amongst the top losers, currently trading at 642.70 in NSE with 5.054 times change in volumes and -4.445% change in price. Other losers included Bank Baroda with -4.182% price change and 1.485 times volumes, Persistent Systems with -3.876% price change and 1.497 times volumes, Yes Bank with -3.604% price change and 0.658 times volumes, and Divi S with -3.575% price change and 0.692 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.

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

Pixxel hopes to deliver satellites for Indian Air Force by mid-2025. The Indian Air Force (IAF) may launch satellites procured from space start-up Pixxel by mid-2025, giving a boost to its capabilities to keep vigil on the country's borders and beyond. The IAF has signed a contract with the Bengaluru-headquartered Pixxel Sp

Signature Global Q1 sales bookings jump 3.5X to Rs 3.1K cr on strong demand. Realty firm Signature Global on Sunday reported a 3.5 times jump in sales bookings to Rs 3,120 crore for the April-June quarter on high demand for its housing projects. The company's sales bookings stood at Rs 820 crore in the year-ago period. According to

NexGen Energia to invest Rs 15K cr to open 5,000 green diesel, CBG pumps. Green energy solutions company NexGen Energia plans a Rs 15,000 crore investment to open 5,000 green diesel and compressed biogas (CBG) pumps in the country over the next 10 years. The Noida-based company recently inaugurated its first CBG pump in Mau dist

New British govt prioritising avoiding job cuts in Tata Steel talks. Tata, Britain's biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for September

LIC's residual stake value surges in top groups on stock market boom. Value of investments in top conglomerates at Rs 4.39 trn, up 37.5%

Cash-flush quick-commerce unicorn Zepto loads up talent cart ahead of IPO. Ahead of its public listing, Zepto plans to ramp up hiring, aiming to add between 400 and 500 employees, focusing on engineering, product, category, growth, and marketing roles

Swiss challenge auction: Union Bank gets sole counter bid for Jaypee Health. Bank called for a Swiss auction for 5 accounts after receiving binding bids from a list of 25 accounts for sale

Nykaa expects consolidated revenue to increase 22-23% in Apr-Jun quarter. FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23 per cent in the first quarter of 2024-25 (FY25) with a matching growth momentum for beauty vertical but flagged "muted" dema

PC Jewellers gets PNB clearance for one-time settlement of outstanding dues. PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues. In a regulatory approval, PC Jeweller informed that "Punjab National Bank, the third largest bank after State Bank of India amo

Delhi HC says ICAI allowed to issue orders against Big Four affiliates. The court also said that the firms, along with the partners, are also liable to reply to the ICAI notices

Ola Cabs exits Google Maps, saves Rs 100 cr by transitioning to Ola Maps. Ola Cabs' shift from Google Maps to their in-house Ola Maps has led to significant annual savings of around Rs 100 crore

Top line can grow to Rs 2.5 trn in 5-10 yrs if executed well: Zepto CEO. Quick commerce unicorn Zepto revenue can grow multifold to Rs 2.5 lakh crore in 5-10 years if the company is able to execute the business well, a top company official said on Saturday. Speaking at 7th JIIF Foundation day, Zepto Co-Founder and CEO Aadit Pal

We could have done better, no secret about it: Paytm's Vijay Shekhar Sharma. In January this year, the banking regulator placed crippling restrictions on Paytm Payments Bank citing persistent non-compliance at the bank

Bandhan Bank appoints Ratan Kumar Kesh as interim MD&CEO for 3 months. Kesh currently holds the position of executive director & chief operating officer at the bank

iVP Semiconductor aims for revenue of -100 million in next 3-4 years. Fabless semiconductor startup iVP Semiconductor Pvt Ltd has plans to set up a production test facility as part of its drive to produce semiconductor chips in the domestic market, a top official said. The company has also secured USD 5 million in a pre-seri

Zepto's sales could surpass DMart in next 18-24 months: CEO Aadit Palicha. Palicha says Zepto's topline could scale to over Rs 2.4 trillion over the next 5-10 years

JM Financial to increase stake in Credit Solutions, sell 71.79% ARC stake. To acquire additional 49% stake in JM Financial Credit Solutions

RBI imposes penalty on YES Bank for not exchanging mutilated notes. RBI imposed a monetary penalty of Rs 10,000

Bank of Baroda may raise up to Rs 7,500 crore via AT1, Tier-II bonds. According to the bank's annual report for FY24, it had raised additional Tier 1 capital of Rs 2,474 crore in FY23. The bank issued Tier 2 capital of Rs 5,000 crore

Former McKinsey India head Zainulbhai reappointed as Network18 chairman. Former McKinsey India head Adil Zainulbhai has been reappointed as chairman of billionaire Mukesh Ambani's listed media company Network18, while veteran journalist Rahul Joshi has been given another three-year term as managing director. Zainulbhai, current

RBI imposes a monetary penalty of Rs 1.32 crore on Punjab National Bank. The charges have been imposed after considering the oral submissions made in response to the show-cause notice sent by RBI to the bank

Adani Wilmar reports 13% volume growth in June quarter, exports up 36%. Edible oil major Adani Wilmar on Friday said it has reported a 13 per cent volume growth in the June quarter. The double-digit growth was propelled by market-specific strategies in each category, aimed at gaining market share, especially in under-indexed m

Tata Steel shuts 1 of its 2 blast furnaces at Port Talbot in South Wales. The decommissioning of blast furnace number 5 was in sync with the timeline indicated by the company earlier

HDFC Bank mulling loan portfolio sale amid growth scrutiny: Report. Shares of the bank fell the most in a month on Friday after it reported flat sequential deposit performance in the quarter ended June

Have arranged 0 million to settle Zambian copper mine debts: Vedanta. The miner owned by Indian billionaire Anil Agarwal will about the 0 million it needs to pay small creditors in Zambia on or around July 8, it said in a statement.

India Inc registers 501 deals valued at .4 bn in Q2 2024: Report. India Inc has recorded a total of 501 deals valued at USD 21.4 billion in Q2 2024, according to Grant Thornton Bharat Dealtracker. As per the consultancy firm, Q2 2024 witnessed the highest quarterly volumes in two years, while values declined due to the a

Hemant Lamba submits resignation as Infosys Executive Vice President. Infosys on Friday said Hemant Lamba, Executive Vice President and Global Head of Strategic Sales, has resigned from the company. The Bengaluru-headquartered IT services firm informed about the resignation of the Senior Management Personnel in a statutory f

Coforge buys 17% stake in Cigniti Technologies for Rs 645 cr via block deal. IT company Coforge on Friday bought a 17 per cent stake in Cigniti Technologies for Rs 645 crore through open market transactions. According to the block deal data available with the BSE, Coforge purchased a total of 46,18,199 shares or 16.9 per cent stake

Kalyan Jewellers revenue growth surges 27% in Q1 FY25, plans expansion. Kalyan Jewellers on Friday reported a 27 per cent year-on-year increase in consolidated revenue for the first quarter of the financial year 2024-25, driven by strong performance in both Indian and Middle Eastern markets. The company had reported a consolid

Padma Bhushan awardee Foxconn Chairman Young Liu to visit India this year. In the past year, Taiwan company has invested heavily to expand its presence in India, particularly in south

Remove social media post that claimed centipede found in Amul ice cream: HC. The Delhi High Court has directed a Noida-resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her. Justice Manmeet P S Arora, while dealing with a lawsuit by Gujarat Cooperative Milk Marketing F

Airtel ordered to pay Rs 5 lakh fine for harassing customer in 2013 case. Airtel began harassing a customer for non-payment of dues despite the funds being credited to telecom giant's accounts

Thermax Babcock bags order worth Rs 513 cr to supply 2 boilers in Botswana. Thermax Babcock & Wilcox Energy Solutions on Friday said it has bagged a Rs 513-crore order from a leading industrial conglomerate to supply two boilers for an energy project in Botswana, Southern Africa. The company will supply two 550 TPH CFBC (circulati

Has Airtel's customer database been breached by hackers? Company says this. A hacker had posted on X that data of nearly 375 million Airtel customers, including phone numbers, email addresses, and Aadhaar numbers, were supposedly for sale on the dark web

Realty firm Experion Developers buys 8-acre land in Gurugram for Rs 400 cr. Realty firm Experion Developers has acquired a 7.81-acre land in Gurugram for Rs 400 crore to develop a real estate project. The company, a fully FDI-funded real estate developer and a wholly-owned subsidiary of Experion Holdings Pte Ltd, Singapore, has ac

QMS Medical acquires 51% stake in Saarathi Healthcare for Rs 450 crore. QMS Medical Allied Services on Friday said it has acquired a 51 per cent stake in Saarathi Healthcare for Rs 450 crore. Mumbai-based QMS MAS is engaged in the marketing and distribution of a wide range of medical products. "The acquisition of Saarathi is t

Hexaware sets up new office in Coimbatore to focus on data, testing skills. Global Information technology services and solutions provider Hexaware Technologies has strengthened its footprint in Tamil Nadu with the inauguration of a new office in Coimbatore. The facility would aid the company's existing Business Process Services di

JSW Energy plans Rs 15,000 crore capex in FY25, says Sajjan Jindal. JSW Energy Chairman & Managing Director Sajjan Jindal on Friday said the company has planned a capital expenditure of Rs 15,000 crore during the current fiscal year. In his address to shareholders at the annual general meeting, he said, the company intends

In a first, Swiggy launches 'Eatlists' feature to share food recommendation. Swiggy's 'Eatlists' feature will allow food enthusiasts to compile and share their favourite dishes directly within the Swiggy app

JSW Energy looks to accelerate Rs 1.15 trillion capex by a few years. Company plans to start green hydrogen production in FY25, open to thermal opportunities and other acquisitions

Auto component maker SAMIL raises 0 mn through issuance of notes. Auto components maker Samvardhana Motherson International Ltd on Friday said it has raised USD 350 million (around Rs 2,920 crore) through the issuance of notes. The notes were issued by the step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SA

IEX board reappoints SN Goel as CMD, promotes Rohit Bajaj as Joint MD. Indian Energy Exchange (IEX) board on Friday approved the proposal to reappoint Satyanarayan Goel as its Chairman and Managing Director and to appoint Rohit Bajaj as its Joint Managing Director. The board noted that Goel will attain the age of 70 years on

Microsoft announces 3rd round of layoffs as tech sector continues to bleed. Number of job cuts in tech sector has crossed 100,000 with major companies like Google and Toshiba also handing out pink slips

SAIL to make Rs 6,500 cr capex investment in FY25: CMD Amarendu Prakash. Steel Authority of India Ltd will be investing Rs 6,500 crore towards capex during the current financial year as part of its Rs 1 lakh crore investment plan over the next few years, SAIL CMD Amarendu Prakash said on Friday. Speaking to mediapersons on the

Marico's domestic biz reports modest volume rise in Q1; margins improve. Fast-moving consumer goods maker Marico on Friday said its domestic business posted a "modest uptick" in volume growth in the first quarter on a sequential basis and expects gross margin to expand year on year. The overall demand trends in the first quarte

Torrent Power seeks shareholders nod to raise up to Rs 5,000 cr via equity. Torrent Power on Friday said it will seek shareholders' approval to raise up to Rs 5,000 crore through equity shares. The approval will be sought in the annual general meeting scheduled on July 30, 2024. In a notice, the company said there is an ongoing re

Tech platform ACESO plans to add 60 more channel partners in FY 2024-25. ACESO, a tech platform in insurance assignment business, is planning to add 60 more channel partners in the ongoing financial year. The company currently has 40 channel partners. "Currently, we have 40 channel partners and we want to add another about 60 m

Former employees send notice to Byju's of initiating insolvency at NCLT. About 62 former employees of Byju's have come together and sent a notice of filing an insolvency and bankruptcy case against the troubled edtech firm at NCLT if their pending dues are not paid

Jewellery brand Titan reports 9% revenue growth in Q1, adds 61 stores. Leading jewellery and watchmaker Titan on Friday said it clocked a standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024. The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network pres

US-based AI company Glean Technologies launches its first office in India. Glean's launch in Bengaluru underscores its commitment to empowering Indian enterprises through advanced AI technologies and expanding its customer base in the Asia-Pacific region

Vedanta reports rise in production of aluminium, iron ore, zinc in Q1. Mining giant Vedanta Ltd on Wednesday reported a rise in production of aluminium, zinc, iron ore and steel in the June quarter. However, the production of mined metal at overseas and oil and gas dropped during the quarter. In a filing to the BSE, the compa

USFDA pulls up Sun Pharma for manufacturing issues at Dadra facility. Sun Pharma failed to adequately clean and maintain equipment used for drug manufacturing at its Dadra-based manufacturing plant, as per the US Food and Drug Administration (USFDA). In a warning letter issued to company's Managing Director Dilip Shanghvi on

Inox Wind to become a debt-free company after promoter infuses Rs 900 cr. Inox Wind Ltd on Thursday said its promoter Inox Wind Energy (IWEL) has infused Rs 900 crore into the company, following which the wind energy solutions provider will become a net debt-free company. In a statement Inox Wind Ltd (IWL) on Thursday announced

Fast fashion brand Shein to re-enter India on Reliance Retail's app, stores. After a 4 year absence, Reliance may be launching Shein in India on its apps and storefronts within the coming weeks: All you need to know

Suzuki Motor unveils Rs 340 crore fund to support social impact startups. Japanese automobile firm Suzuki Motor on Thursday launched its first investment fund in India--Next Bharat Ventures--a Rs 340 crore fund dedicated to fostering impact entrepreneurs who create value in Tier-II and below geographies. This Suzuki initiative a

OnePlus names Chinese exec for India head position amid retail problems. Robin Liu, who was recently the chief executive for OnePlus's North American region, will now oversee the India operations

Dip in Xiaomi orders hit Foxconn's Bharat FIH, affect operations, IPO plans. According to a source aware of the development, the unit stopped its level 10 operations on June 30, and some of its operations are being shifted to Sriperumbudur near Chennai

Tesla investment in India not anytime soon as Musk ceases contact: Report. Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April

Wipro Consumer Care-Ventures leads investment round in snacks firm LetsTry. Founded in 2021 by Nitin Kalra, LetsTry offers premium quality snacks that resonate with the traditional tastes and preferences of Indian consumers

'Pay salaries or face an audit': NCLT warns crisis-hit edtech firm Byju's. The Bengaluru-based law tribunal told Byju's to pay the outstanding salaries to its employees irrespective of whether it has access to the funds raised through its rights issue

Bank of Maharashtra records 19% growth in credit for April-June quarter. State-owned Bank of Maharashtra (BoM) on Friday reported a 19 per cent growth in credit to Rs 2.09 lakh crore for the April-June quarter. The outstanding credit was Rs 1.75 lakh crore at the end of June 30, 2023, BoM said in a regulatory filing. The Pune-h

NCLT asks Byju's to pay salaries to employees, warns firm of facing audit. The edtech firm has paid April, May salaries but is yet to make full payments for February and March

Zomato shuts down hyperlocal delivery platform 'Xtreme' amid poor demand. Despite its strategic launch, 'Xtreme' failed to gain traction, leading Zomato to remove it from the Google Play Store

AstraZeneca to invest Rs 250 crore in expanding its GITC in Chennai. This will be the company's largest GCC in the world. This is a monumental addition by the company, joining other global giants like Hitachi Energy in establishing their biggest GCCs in Chennai

Bajaj Auto set to launch world's first CNG bike 'Freedom 125' on Friday. The bike is likely to have flexible fuel options and will feature two separate switches for petrol and CNG

Dr Reddy's, Sun Pharma recall drugs in US due to production issues: USFDA. Dr Reddy's Laboratories and Sun Pharma are recalling products in the US due to manufacturing issues, as per the latest Enforcement Report by the US Food and Drug Administration (USFDA). According to the report, Dr Reddy's Laboratories is recalling drugs to

Realty co Mahindra Lifespace eyes Rs 2,050 cr revenue from 2 new projects. Realty firm Mahindra Lifespace Developers Ltd on Thursday said it has acquired land in Bengaluru and bagged a redevelopment project in Mumbai with a combined revenue potential of Rs 2,050 crore. In a regulatory filing, the company informed about the "closu

Bajaj Auto to unveil world's first CNG bike: What we know so far. Bajaj Auto is set to launch its latest motorbike with dual-fuel capability, which will run on both petrol and CNG, thereby cutting the running costs by half

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