NSE share market NEWS tomorrow (23 July, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (23 July, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 July 2024
Ncc was amongst the top gainers, currently trading at 337.75 in NSE with 14.376 times change in volumes and 6.714% change in price. Other gainers included Titan Company with 6.526% price change and 10.283 times volumes, Itc with 5.498% price change and 2.991 times volumes, Suzlon Energy with 4.993% price change and 5.897 times volumes, and Angel One with 4.839% price change and 3.492 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.
Manappuram Finance was amongst the top losers, currently trading at 202.73 in NSE with 4.138 times change in volumes and -5.825% change in price. Other losers included Rail Vikas with -5.416% price change and 1.681 times volumes, Bond 8 with -5.103% price change and 2.323 times volumes, 8 20 with -5.037% price change and 2.551 times volumes, and Mazagon Dock with -4.956% price change and 0.847 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.
Tata, Airbus sign contract to establish H125 Final Assembly Line in India. Airbus Helicopters and Tata Advanced Systems have made great progress in determining the FAL's location, which will be announced shortly
Torrent Pharma Q1FY25 results: Net profit up 21%, revenue rises 10%. Revenues in the USA market, however, were down by 12 per cent at Rs 259 crore, falling from Rs 293 crore reported in Q1 FY24
SpiceJet airline's board approves raising Rs 3,000 crore through QIP. Five years back, SpiceJet was operating about 4,000 flights per week. Currently, the airline is operating just about 1,154 flights per week, according to Cirium
ICICI Prudential Life Q1 results: Net profit rises 8.9% to Rs 225.4 crore. The expenses of the company rose by 32.8 per cent to Rs 198.53 crore in the quarter under review as compared to Rs 149.47 crore in Q1 FY24
Angel tax abolition significant milestone, will boost startups: IT Minister. The Union Budget announcement of the abolition of the angel tax is a significant milestone that will boost the startup ecosystem in India, IT Minister Ashwini Vaishnaw said on Tuesday. It is a "very good decision" and has been the biggest demand of deep te
With double-digit volume growth in Q2, Coca-Cola bullish on India. The company's consolidated unit case volume grew 2 per cent
United Spirits Q1 results: Net profit increases 1.7% to Rs 485 crore. The company had posted a consolidated net profit of Rs 477 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing
New Delhi rejects Pernod Ricard's liquor licence application: Report. Pernod's brands, including Chivas Regal and Absolut vodka, have not been available in the city since late 2022 after a previous licence application was rejected in April last year
Schaeffler India Q1 results: Net profit increases 7% to Rs 253.5 crore. The company posted a PAT of Rs 237.28 crore in the year-ago period, the company said in a regulatory filing
Irdai directs Care Health to buy back shares allotted to Rashmi Saluja. Irdai has directed Care Health to cancel and revoke stock options to Saluja which remain unexercised and also ensure that no further grant and/or allotment of options are made to Saluja
M&M Fin Services Q1 results: Net profit jumps 45% to Rs 513 crore. Mahindra and Mahindra Financial Services on Tuesday reported a 45 per cent jump in June quarter net profit to Rs 513 crore. The non-bank lender had reported a net profit of Rs 353 crore in the year-ago period. The core net interest income grew 15 per cent
Byju's US lawyers blame client in a bid to quit US bankruptcy case. For months, lenders have been trying to find 3 million in cash that Ravindran allegedly moved out of the US
Tata Sons raises Tata Electronics' equity capital to Rs 10,000 crore. Tata Sons plans to establish a large-scale semiconductor fabrication plant and invest an additional Rs 27,000 crore to develop a new semiconductor assembly and testing facility in Assam
Bina Modi withdraws contempt plea against sons Lalit and Samir Modi. Samir Modi, the executive director of Godfrey Phillips, had accused his mother of orchestrating an attack on him to gain leverage in the ongoing inheritance dispute
Bhutani Group acquires stake in WTC Noida to complete stalled projects. World Trade Centers Association has licences in 40 cities in India. Currently, 5 World Trade Center projects are stalled that require at least Rs 3,000 crore for completion
Paytm partners with Axis Bank to provide payment technology solutions. Fintech will provide point-of-sale and card machines to the private sector lender
Industry discussing trade measures against imports with govt: JSW Steel CEO. JSW Steel continues to look for coking coal assets overseas, including Australia, and Canada, Acharya said
SpiceJet to raise 0 mn by selling securities to restore normalcy. The company will issue shares to institutional investors, it said in an exchange filing, without disclosing the price at which they would be sold
Qatar sovereign fund asks HC to block Byju founder's personal assets. Qatar Investment Authority invested in edtech company in 2019 and 2022
Kajaria Ceramics Q1 results: PAT falls to Rs 89.82 cr, misses estimates. The company said its consolidated net profit fell to Rs 89.82 crore (.7 million) in the quarter ended June 30 from Rs 108 crore a year ago
Bajaj Finance Q1 results: Net profit increases 14% to Rs 3,912 crore. Bajaj Finance's loan losses and provisions - the money set aside to cover potential defaults - grew nearly 70% to Rs 1,685 crore, well ahead of analysts' estimate of Rs 1,466 crore
SRF Q1FY25 results: Net profit down 30% to Rs 252 cr on weak global demand. The chemicals industry has been grappling with high inventory and destocking for the past few quarters, leading to continuous pressure on volume and margins, according to analysts
Hindustan Unilever Q1 results: Net profit rises 2.7% to Rs 2,538 crore. The company, a unit of UK's Unilever, reported a 2.7% rise in profit to Rs 2,538 crore (3.23 million) for the quarter ended June 30
HUL Q1 results: Net profit rises 2.2% to Rs 2,610 crore, revenue up 1.4%. According to Bloomberg, analysts had pegged HUL's revenue at Rs 15,586.9 crore and net profit at Rs 2,601 crore for Q1 FY25
Gland Pharma, Zydus Lifesciences secure USFDA approvals for key medications. Gland Pharma, a Hyderabad-based generic injectable-focused company, received tentative approval for Latanoprostene Bunod Ophthalmic Solution, 0.024 per cent
MakeMyTrip Q1 FY25 results: Net profit jumps 12.9% to million. The company's revenue as per IFRS grew by 31.4% YoY in constant currency to 4.5 million in Q1 FY25 from 6.7 million in Q1FY24
Bajaj Finance Q1 FY25 results: Consolidated net rises 14% to Rs 3,912 crore. Loan losses & provisions up 69% on muted collection efficiencies
Air travel demand normalises after Covid boom, customers back to basics. Ryanair reported earlier on Monday a bigger than expected drop in quarterly profit as fares plunged 15 per cent, with management saying that ticket prices were continuing to deteriorate
Hiremaths seek mediation in family dispute with their uncle Baba Kalyani. In the hearing today, the Hiremath counsel told the court that Baba's claims against the elders in the family were very disturbing and harmed the reputation of the family
Indian Overseas Bank Q1 results: Net profit rises 26.6% to Rs 633 crore. Public sector Indian Overseas Bank on Monday reported a 26.60 per cent rise in its net profits for the April-June 2024 quarter at Rs 633 crore. The city-headquartered bank had registered a net profit of Rs 500 crore during the corresponding quarter of last
BlackSoil raises over Rs 200 cr debt in H1CY24, with 60% from new lenders. The firm said about 60% of the total debt funding raised during the first six months of 2024 came from new debt investors
Supreme Industries Q1 results: Net profit up 26.8% to Rs 273.37 cr. Plastic products maker Supreme Industries Ltd on Monday reported an increase of 26.83 per cent in consolidated profit to Rs 273.37 crore in the June 2024 quarter. The company had posted a net profit of Rs 215.54 crore during the April-June quarter of the p
IDBI Bank Q1 results: Net profit up 40% on sharp dip in provision, taxes. NII down 19% year on year
Air India flagship Airbus A350 set to fly to New York from November. Air India on Monday said its flagship wide-body aircraft Airbus A350 will start operating on ultra-long haul routes from the winter schedule this year, starting with Delhi-New York JFK flight from November 1. From January 2, 2025, the airline's Delhi-Newar
US will be bigger growth engine than Europe for Persistent System, says CEO. Kalra is confident that North America will continue to be a growth engine for the company going forward
US-based Viiva brings smart electromagnetic invigorator to India. Viiva plans to expand its national footprint by establishing 800-850 franchises in locations such as malls, airports, and hotels
Cashfree Payments gets payment aggregator-cross border licence from RBI. The Bengaluru-based company is one of the first non-banks to receive the PA-CB licence, according to the RBI's website
Reserve Bank of India approves KVS Manian as CEO of Federal Bank. Federal Bank had applied for the approval to the regulator on May 6, 2024
Jana SFB Q1 result: Net profit rises 89% to Rs 171 cr, NII up at Rs 610 cr. Jana Small Finance Bank on Monday reported an 89 per cent jump in its post-tax net profit to Rs 171 crore for the April-June quarter. The lender had reported a profit after tax of Rs 90 crore in the year-ago period. The core net interest income grew to Rs
Suzlon Group Q1 results: Profit after tax nearly three-fold up at Rs 302 cr. The company's revenues also rose to Rs 2,016 crore from Rs 1,348 crore in the year-ago quarter
Porsche tones down EV ambitions, says mobility transition will take 'years'. "The transition to electric cars is taking longer than we thought five years ago," Porsche said in a statement
NCLT orders insolvency proceedings against Supertech Township Projects. The National Company Law Tribunal has directed to initiate insolvency proceedings against Supertech Township Projects on a plea filed by Punjab & Sind Bank over a default of Rs 216.92 crore. This is the third group firm of Ram Kishor Arora-led realty major
Nokia achieves 5G download speed of 1.2 Gbps during trial with Airtel. Finnish telecom gear maker Nokia has achieved a top download speed of 1.2 gigabit per second for 5G services several times during trials it concluded recently, the company said on Monday. The download speed was achieved during the first 5G non-standalone (
Edtech firm's founder Byju Raveendran faces reckoning as startup implodes. Accused of financial mismanagement and compliance issues, the son of family of teachers from a small village in south India faces a reckoning that will test the ingenuity that made him a poster child
Suzuki expects India's automobile market to grow fivefold by 2047. A total of 4.2 million passenger vehicles were sold in India in the fiscal year ended in March, according to the Society of Indian Automobile Manufacturers
Godrej refrigerator variant fails energy rating test: How to check yours?. The energy rating of any appliance measures between one to five, with five being the most energy-efficient level. This impacts the final value of the product as energy-efficient products are costlier
Amazon India in talks for deal with Instamart amid Swiggy's IPO filing. Bengaluru-based Swiggy recently filed with the Securities and Exchange Board of India (Sebi) for a Rs 10,414 crore IPO, one of the largest planned by a new-age internet company
HDFC Bank's unit in talks with global banks, seeks 0 mn in offshore loan. HDB Financial Services Ltd. is in talks with a group of global and local banks to finalise the terms
Indian Oil to triple gas sales, boost renewable energy to 31 GW by 2030. The company aims to establish a 5 GWh lithium-ion battery production capacity by 2031 as part of its strategy to diversify its energy portfolio
117,254 DPIIT-recognised startups created 1.2 mn direct jobs: Eco Survey. Startups soar from 300 to over 100k in 7 years
CCI sends antitrust queries to Reliance, Disney for .5 bn merger: Report. The CCI has also asked the companies details on which entity owns which sports rights and for how long, as well as information on who had bid for them previously
Swiggy Instamart boosts leadership with ex-Amazon, Flipkart executives. Himavant Srikrishna Kurnala, Mayank Rajvaidya, Manu Sasidharan, and Kumar Rahul join Swiggy in key roles
Uco Bank Q1 result: Net profit jumps 147% to Rs 551 cr, deposits rise 7.39%. State-owned UCO Bank on Monday reported a 147 per cent year-on-year jump in net profit to Rs 551 crore in the April-June quarter. The lender's bottomline in the corresponding period a year ago stood at Rs 223 crore. Operating profit in the reporting quarte
JSW Infrastructure eyes end-to-end logistics play: CEO Arun Maheshwari. Inland logistics present great opportunity, says CEO Arun Maheshwari, after acquiring Navkar
Govt taking steps to cut pending cases under companies law: FM Sitharaman. The Ministry of Corporate Affairs (MCA) has taken several steps, including the withdrawal of prosecutions and compoundable cases, to reduce litigations under the companies law, Finance Minister Nirmala Sitharaman said Monday. Sitharaman, also the Union Min
UCO Bank Q1 net profit more than doubles to Rs 551 cr on improved NIMs. QIP likely in Q2 or Q3 for capital raise
CRR reduction will help banks facing low deposit growth: SBI MD Tewari. Lowering the cash deposit ratio or the proportion of deposits which banks are mandatorily required to park with the RBI will help the lenders facing low deposit growth, SBI Managing Director Ashwini Kumar Tewari said on Monday. Conversations for such a cut
Shakti Pumps Q1 result: Net profit jumps to Rs 93 cr, revenue up four-fold. Shakti Pumps on Monday said it has posted a manifold jump in its consolidated profit after tax to Rs 92.6 crore during the June 2024 quarter, on the back of higher revenues and healthy order book. It had clocked a Profit After Tax (PAT) of Rs 1 crore in th
Focus remains strong in delivering innovative solutions: Ramco Systems. Ramco Systems was well-positioned to capitalise on the opportunity as demand for transformation continues to grow and focus remains strong to deliver innovative solutions that drive efficiency and productivity, a top official has said. The focus of the cit
Largest oil firm IOC targets trillion revenue by 2047: Chairman Vaidya. Indian Oil Corporation, the nation's largest oil firm, is targeting to become a USD 1 trillion company by 2047, combining growth in traditional oil refining and fuel marketing with clean energy avenues like green hydrogen and EV charging, its chairman said
EESL to launch retail shops to distribute energy-efficient products: Exec. State-owned Energy Efficiency Services Ltd (EESL) will soon introduce retail franchisee shops called 'Urja Dakshta Dukan' which will offer affordable energy-efficient products like LED lights, ACs and fans to consumers, a senior official said. EESL, at pre
Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD. Mother Dairy is targeting a 13 per cent growth in its turnover to Rs 17,000 crore this fiscal, as it expects higher demand for its dairy and edible oils products. Mother Dairy is a leading milk supplier in Delhi-NCR. It sells edible oils pan-India under th
Expect double-digit growth in int'l tyre biz despite price hike: CEAT. Tyre maker CEAT Ltd expects double-digit growth in replacement and international business this fiscal despite a high natural rubber price forcing it to hike product rates, according to its MD and CEO Arnab Banerjee. The company, which has taken price hikes
Vedanta raises bn via QIP; Goldman, Morgan Stanley among top investors. Mining conglomerate Vedanta Limited raised Rs 8,500 crore (over USD 1 billion) through Qualified Institutions Placement (QIP) of 19.31 crore equity shares at an issue price of Rs 440 per share, according to a stock exchange filing by the company. The issue
Airbus shortlists 8 locations for H125 helicopter assembly line in India. European major Airbus has shortlisted eight sites in India for setting up its final assembly line for H125 helicopters and the ground-breaking ceremony for the facility is expected later this year. The facility, which will be the fourth Final Assembly Line
Godrej Consumer invests over Rs 1,000 crore on advertising in FY24. FMCG major Godrej Consumer's advertising investment shot up by 47 per cent to Rs 1,011 crore in FY24 in the domestic market, even as it has reduced SKUs by around 30 per cent through a rationalisation process. Godrej Consumer Products Ltd (GCPL), which aim
A ray of hope for Indian biz in Bangladesh after top court order. Bilateral trade at a standstill, operations of Indian companies halted due to the turmoil
Reliance Industries, BPCL hope to improve refining biz after muted Q1. BPCL also expects the government to compensate liquefied petroleum gas (LPG) under-recoveries in the coming months
Hero MotoCorp plans to roll out affordable two-wheeler EVs in FY25. Eyeing leadership in the electric two-wheeler segment, Hero MotoCorp is looking to roll out affordable models in the current fiscal, according to CEO Niranjan Gupta. The country's largest two-wheeler maker is also hopeful of the debut of its electric range
WazirX major security breach: Calls for legal recourse grow louder. Legal experts tracking the sector believe that users who have lost their funds can look at the country's consumer protection laws as one recourse
Metro cash and carry acquisition: Reliance Retail boosts B2B store count. The company added 30 new stores during the April-June quarter, it said in its investor presentation after announcing its results on Friday
Vedanta Ltd acquires two critical mineral blocks in Karnataka, Bihar. Vedanta Ltd on Sunday said that it has bagged two critical mineral blocks which were put on sale. The blocks are in Karnataka and Bihar, the company said in a filing to the BSE. "The company has been declared as preferred bidder' for the Gollarahatti-Malle
Coal India forays into non-coal mineral mining with graphite project. Graphite is the first mineral Coal India Limited (CIL) will diversify its operations beyond coal, following an order from the Ministry of Mines granting the company a composite license for prospecting and mining. This license pertains to the Khattali Chhot
Purabi Dairy inks pact with Assam to run 5,000 litre daily capacity plant. West Assam Milk Producers' Co-operative Union Ltd (WAMUL), known under the brand Purabi Dairy, on Sunday said it has joined hands with the Assam government to operate a 5,000-litre daily capacity plant in Dhemaji district. Purabi Dairy has signed a Memoran
PhonePe CEO apologises for lashing out at Karnataka reservation bill. If my comments hurt anyone's sentiment, I am truly sorry and would like to offer you an unconditional apology: PhonePe's Sameer Nigam
Nasscom says no to Karnataka govt's 14-hour workday limit proposal. According to labour unions, the amendment, which is looking to facilitate a 14-hour working day, was presented in a meeting called by the labour department with various stakeholders in the industry
Poonawalla Fincorp top deck sees rejig, 5 seniors opt for early retirement. The NBFC has informed the exchanges that its five senior management personnel (SMP) have sought early retirement, while announcing the replacement
Oberoi Realty Q1: Net profit jumps 82% to Rs 584.51 cr on higher revenue. Oberoi Realty Ltd has reported an 82 per cent increase in its consolidated net profit to Rs 584.51 crore for the first quarter of the current fiscal on higher income. Its net profit stood at Rs 321.64 crore in the year-ago period. The total income also ros
Microsoft outage: IndiGo cancels 93 flights; systems limp back to recovery. Air India, on the other hand, said its systems have been working just fine but a few of its flights have been delayed due to the outage of airport systems
YES Bank Q1 result: Net profit rises 47% to Rs 502 cr as provisions fall. Its provisions declined by 41.2 per cent to Rs 212 crore in Q1 FY25, from Rs 360 crore in the year-ago period. Sequentially, provisions declined from Rs 471 crore in Q4 FY24
PSU refiner BPCL expects further cuts in oil OSPs as fuel margins drop. Indian refiners have also raised imports of Russian crude sold at discounts after Western nations imposed a raft of sanctions against Moscow for its invasion of Ukraine
ONGC acquires Equior stake in Azerbaijan oilfields for million. ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has acquired Norwegian firm Equinor's stake in an Azerbaijan oilfield and an associated pipeline for USD 60 million, the firm said in a statement. OVL "has
Kotak Mahindra Bank Q1 results: Net profit up 79% at Rs 7,448 crore. Kotak Mahindra Bank Q1 results: The bank's deposits grew by 21 per cent Y-o-Y to Rs 4.35 trillion at the end of June 2024
HDFC Bank Q1 result: Net profit up 35% at Rs 16,175 cr, NII at Rs 29,837 cr. HDFC Bank Q1 result: Sequentially, net profit of the lender is down 2%
RBL Bank Q1 results: Net profit grows 29% to Rs 372 cr, NII up 20%. Private sector lender RBL Bank on Saturday reported a 29 per cent jump in net profit to Rs 372 crore for the June quarter. The bank's core net interest income grew 20 per cent to 1,700 crore on the back of a 19 per cent rise in advances. Its net interest m
RBL Bank Q1 results: Net profit grows 29% to Rs 372 crore, NII up 19.5%. The bank's total revenue rose by 19 per cent Y-o-Y to Rs. 2,505 crore
JK Cement Q1 result: PAT surges 67% to Rs 184.82 cr, revenue edges 1.62%. JK Cement Ltd on Saturday reported a 67 per cent increase in its consolidated net profit to Rs 184.82 crore for the first quarter ended June 2024. The company had posted a profit of Rs 110.73 crore in the year-ago period, according to a regulatory filing f
Air India announces full fare refund, vouchers after 30-hr flight delay. Airlines also said that their priority all along was to make passengers reach San Francisco at the earliest and for this, they dispatched relief flight in collaboration with the relevant authorities
Formal job creation hits 10-month high with 985K new subscribers: EPFO data. Surge in young and female subscribers signals recovery in labour market
Boeing restoring output, expects 787 suppliers to catch up by year end. Boeing halted deliveries of the 787 widebody jet for more than a year until August 2022 as the FAA investigated quality problems and manufacturing flaws
Kotak Mahindra Bank hires GT Bharat as external auditor to review IT system. The private sector lender has also beefed up internal teams to fix issues and tone up the working of the systems
Realty firm Shriram Properties elevates Gopalakrishnan J as ED & Group CEO. Realty firm Shriram Properties Ltd has elevated Gopalakrishnan J as executive director and Group Chief Executive Officer (CEO) of the company. He has been elevated from the current position as Executive Director (ED) and Group Chief Financial Officer (CFO)
Netweb Tech Q1 results: Firm's net profit jumps 3-fold to Rs 15.4 cr. IT hardware company Netweb Technologies on Saturday posted over three-fold jump in net profit to Rs 15.4 crore in the April-June quarter of 2024-25. The company had posted a net profit of Rs 5 crore in the same period a year ago. Total income also increase
India becomes third country in revenue per cent growth for Netflix in Q2. Propelled by the popularity of titles such as Heeramandi: The Diamond Bazaar, The Great Indian Kapil Show and Amar Singh Chamkila, India has emerged as the third country in revenue per cent growth for streaming service Netflix in its second quarter. The st
AI reshaping industries, 'cornerstone' of business strategy: Rishad Premji. Wipro has made 'human interactions' core of AI development, says chairman of IT service company
India hooked to Netflix's content; subscribers and revenue surge in Q2 CY24. The success of Sanjay Leela Bhansali's 'Heeramandi: The Diamond Bazaar' and Imtiaz Ali's 'Amar Singh Chamkila' were among the key titles Netflix credited for its recent growth in Indian market
'I feel violated': Woman accuses Jindal Steel exec of molestation on flight. The woman, who was seated next to Dinesh Kumar Saraogi, a senior executive at Jindal Steel Group, alleged that he behaved inappropriately
Paytm Q1FY25 results: Loss widens to Rs 840 crore, revenue falls 36%. Paytm Q1FY25 results: One97 Communications' income for the first quarter fell 33%; Paytm is currently awaiting regulatory approval to start onboarding new UPI users
Paytm Q1: Loss widens to Rs 838.9 cr, total income declines 33.5%. Noida-based fintech company was put under RBI restrictions early last year
Microsoft's 'Screen of Death' error chokes global services: What's impacted. Millions of Microsoft users around the world reported seeing the "Blue Screen of Death (BSOD)" error on their devices, which is causing the system to suddenly shut down or restart
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