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NSE share market NEWS tomorrow (15 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (15 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 15 May 2024

Abb Power was amongst the top gainers, currently trading at 10745.65 in NSE with 3.313 times change in volumes and 9.8% change in price. Other gainers included Siemens with 6.889% price change and 4.156 times volumes, Life Insura with 6.337% price change and 3.974 times volumes, Bse with 5.899% price change and 2.028 times volumes, and Cg Power with 5.389% price change and 2.553 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.

Canara Bank was amongst the top losers, currently trading at 119.00 in NSE with 6.307 times change in volumes and -78.996% change in price. Other losers included Colgate Palmolive with -5.227% price change and 3.844 times volumes, Icici Pru with -3.374% price change and 0.74 times volumes, Bosch with -2.969% price change and 1.241 times volumes, and Solar Industries with -2.818% price change and 2.737 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.

PhonePe collaborates with LankaPay to promote UPI payments in Sri Lanka. Apart from the National Payments Corporation of India's (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network

Integration of frequent flyer programs of Vistara, Air India begins. The integration of approximately 7,000 employees of Vistara will begin in June, with its merger into Air India targeted to be completed by the year-end, Air India CEO Campbell Wilson said on Monday

Mankind Pharma Q4 results: Net profit up by 62%, revenue rises by 18.9%. Mankind's revenue from operations rose to Rs 2,441 crore in Q4 FY24, an 18.9 per cent Y-o-Y rise from Rs 2,052 crore reported in Q4 FY23

State Bank of India hikes short term retail FD rates by 25-75 bps. Also hikes bulk deposit rates; other lenders may follow suit

NLC India Q4 results: PAT declines 86% to Rs 114 cr due to lower income. State-owned NLC India Ltd on Wednesday reported 86.2 per cent drop in consolidated net profit to Rs 114.23 crore for the March quarter due to lower income. The company had posted consolidated profit of Rs 829.67 crore in the year-ago period, NLC India said

CEO's growth correlation remark not meant to doubt GDP data: Asian Paints. Asian Paints Ltd on Wednesday said its Managing Director & CEO Amit Syngle's comments on correlation between growth in the paint industry and the GDP were not meant to question the sanctity of the GDP numbers. In a clarification shared on the stock exchang

Canara Bank, JSW Energy among companies getting added to MSCI indexes. India's Canara Bank, Indonesian chemical firm Chandra Asri Pacific and Indian power generator JSW Energy will be the three largest additions to the MSCI emerging markets index

Thomas Cook India Q4 result: PAT at Rs 58 cr, total income up 27.84%. Travel services provider Thomas Cook (India) Ltd on Wednesday reported a consolidated net profit of Rs 58.17 crore for the fourth quarter ended March 2024. The company had posted a consolidated net loss of Rs 10.22 crore in the same quarter a year ago, Tho

CMS Info Systems Q4 results: Net profit jumps 23% to Rs 99.4 crore. Banking logistics and technology player CMS Info Systems on Wednesday reported a 23 per cent jump in its March quarter net profit at Rs 99.4 crore. The company had reported a post-tax profit of Rs 80.6 crore in the year-ago period. The company reported a 2

Leaning in: Isha Ambani beyond Reliance Retail, promotes women to opt STEM. 'A male-dominated STEM/ICT landscape, where women are under-represented, will rob India of its opportunity to rule the roost,' Ambani said

Premium TVs to drive growth in segment for LG, expects to grow at 30%. The 55-inch TV category is fast becoming a bigger chunk of the market for the company, recording a growth of 30-35 per cent

LIC Housing Finance Q4 result: Net profit down 7.5% to Rs 1091 cr. Mortgage financier LIC Housing Finance on Wednesday reported a 7.5 per cent decline in its profit at Rs 1,091 crore in the fourth quarter ended in March 2024. LIC promoted housing finance company had reported a profit of Rs 1,180 crore in the year ago peri

JPMorgan CEO Jamie Dimon favors full engagement with China: Reports. China vowed retaliation, with its commerce ministry saying that Beijing was opposed to the tariff hikes and would take steps to defend its interests

Redington Q4 results: Net profit rises 5% to Rs 326 cr on gadgets demand. Affluent Indians are increasingly spending more than 30,000 rupees (1.30) on new smartphones, benefiting manufacturers and distributors such as Redington

As movies disappoint, PVR Inox may screen T20 Cricket World Cup, concerts. PVR Inox, which reported a net quarterly loss of Rs 130 crore (.6 million) on Tuesday, is building a portfolio of concerts, sports, and alternate events to attract crowds

Q4 FY24 results: RVNL, MOIL, Biocon among 84 firms to post earnings today. Q4 FY24 company results: Dixon Technologies, Jindal Stainless, Power Finance Corporation, Thomas Cook will also release their financial results

Cipla promoters sell 2.53% stake worth Rs 2,600 cr to fund philanthropy. In a stock exchange filing, the company said the stake sale was for the purpose of creating liquidity for specific needs, including philanthropy

India's maiden mythology OTT platform 'Hari Om' set to debut: Details here. Vibhu Agarwal, the force behind this project, has previously been involved with platforms like 'Ullu' and 'Atrangii'

LIC gets 3-year extension from Sebi to meet public shareholding norms. Sebi regulations require all listed companies to maintain a 25% public float, but firms with a post-issue market capitalisation exceeding Rs 1 trillion have a 5-year timeline to meet the 25% MPS rule

Trouble mounts for MDH, Everest as New Zealand checks for contamination. Regulators in India have inspected MDH and Everest plants and sent samples for testing after the global scrutiny, though the results have not yet been made public

SAIL's Bhilai steel plant to install solar energy systems in premises. Bhilai Steel Plant (BSP) has decided to install solar power generation systems on the rooftops of various buildings in its plant premises and township in Bhilai. The flagship unit of the country's largest steel maker Steel Authority of India Limited (SAIL)

LIC gets 3-yr extension from Sebi to achieve 10% public shareholding. State-owned insurance giant now has to meet regulatory requirement on or before May 16, 2027

Canada imposes Rs 82 lakh penalty on Infosys for underpayment of tax. Infosys has stated that it anticipates no significant impact on its financials, operations, or other commitments due to the imposition of the fine

IndiaFirst Life Insurance names Rushabh Gandhi as its next MD & CEO. Financial services veteran will have a 5-year term; incumbent R M Vishakha to retire in June

Granules India Q4 results: Revenue declines 1.6% on weak paracetamol sales. The company's consolidated revenue fell year-on-year to 1,176 crore rupees (nearly 1 million) for the three months to March 31

Digital services firm UST to train over 25,000 employees in GenAI skills. Programme will 'upskill' more than 80 per cent of company's employees, it says

LG looks to enhance lead in TV segment with products tailored for India. Korean consumer electronics major LG will continue to introduce products in the home entertainment segment tailored for India to maintain its leadership position, according to senior company officials. LG Electronics India, which on Wednesday launched 55 A

Number of Agri startups jumps multifold to 7,000 in last 9 years: Report. The number of startups in agriculture and allied sectors has risen to over 7,000 in the last nine years due to a conducive business environment and government support, a report said. Before 2014-15, there were less than 50 startups in agriculture and allie

DLF to enter Mumbai, Goa this year with luxury homes; All details here. Expects 22-25% of its total sales in 2024-25 to come from NRIs

Nivea vs Ponds: Why are two famous moisturiser brands battling in court?. A legal battle has unfolded between Nivea and Ponds over oil content, hydration, market practices, and the use of a specific colour

IIFL Finance raises Rs 1,271 crore through rights issue to fund biz growth. IIFL Finance on Wednesday said it has raised Rs 1,271 crore through a rights issue as part of efforts to raise capital to fund business growth. The decision to raise capital through a rights issue was made following the RBI's ban on March 4, which prohibit

Uber's India tech team powers Uber Eats to 1 million merchants globally. Uber said this milestone marks a significant step in Uber Eats' journey, while also underscoring the role of the India engineering support centres in the growth and evolution of the business

Berger Paints India Q4 results: Net profit rises 19.68% to Rs 222.62 crore. Berger Paints India Ltd on Wednesday reported a 19.68 per cent increase in consolidated net profit to Rs 222.62 crore in the fourth quarter ended March 2024. The company had posted a consolidated net profit of Rs 186.01 crore in the same quarter a year ago

MakeMyTrip's Q4 profit jumps multifold to 2 mn on tax credit gains. Nasdaq-listed MakeMyTrip Ltd on Wednesday reported a multi-fold jump in profit at USD 171.9 million in the March 2024 quarter, aided by gains on tax credit and convertible notes value. The company had posted a profit of USD 5.4 million in the same quarter

ISF paves new direction for Infosys Prize, shifts to early-career focus. The existing prize categories will remain largely unchanged, except for Economics, which will now be a separate category instead of being under Social Sciences

Substantial rise in mobile tariffs needed in India: Airtel CEO Gopal Vittal. Hints at multiple tariff hikes, says free 5G data dragging down Arpu

Jindal Stainless Q4 results: Net profit declines 30% to Rs 500 crore. Jindal Stainless on Wednesday reported a 30 per cent fall in consolidated net profit to Rs 500.65 crore for the March quarter on account of lower income. It had clocked Rs 716.29 crore net profit during the fourth quarter of FY23, the company said in an ex

TVS Motor starts operations in Italy, to introduce range of scooters, bikes. TVS Motor Company Ltd on Wednesday said it has started its operations in Italy with plans to introduce a range of both conventional as well as electric scooters and motorcycles. The company is expanding its operations in Italy via its branch office, TVS Mo

Power Finance Corporation Q4 result: Net profit up 23% at Rs 7,556 cr. The company is expected to borrow around Rs 1 trillion to 1.20 trillion in the financial year

HDFC Life Insurance declares bonus worth Rs 3722 cr to policyholders. In participating or 'par' policies, life insurance companies share the benefit of profit in the form of bonuses with policyholders

Air India Express cancels some flights due to rostering system issues. Air India Express cancelled some flights on Wednesday as the airline grapples with crew rostering system issues, according to sources. The Tata Group-owned carrier, which generally operates around 380 flights daily, has moved to a new rostering system. Sin

GSK's Shingrix vaccine can prevent Shingles for over a decade: Study. Shingles is a painful rash caused by the reactivation of the varicella-zoster virus, the same virus that causes chickenpox. Up to one in three people will develop shingles in their lifetime

Amazon Web Services launches GenAI service Bedrock in APAC Mumbai region. It will support customers across the country, including public sector organisations and companies in regulated industries

GOVO clocks Rs 100 cr revenue in FY24, targets Rs 1,000 cr by FY28: CEO. Audio electronics brand GOVO targets to be a Rs 1,000 crore entity by FY2027-28, a top official of the company said on Wednesday. The Bengaluru-based audio electronics brand, established in 2022, clocked a revenue of Rs 100 crore in FY2023-24, GOVO CEO and

After Wipro, Infosys orders 400,000 litres treated waste water from BWSSB. After Wipro, now Infosys has also taken a plunge into greywater. The tech giant will soon be supplied with four lakh litres of zero-bacteria water, according to sources in the Bangalore Water Supply and Sewerage Board (BWSSB). Starting this month, Wipro is

ReNew inks initial pact with Societe Generale for billion debt financing. Energy firm ReNew on Wednesday announced that it has signed an initial pact with European bank Societe Generale for up to USD 1 billion financing as debt and advisory solutions over the next three years. ReNew has signed a Memorandum of Understanding (MoU)

PhonePe partners LankaPay, enables UPI payments for travelers in Sri Lanka. PhonePe on Wednesday announced a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka. At an event to mark the collaboration, PhonePe said its app users travelling to Sri Lanka can make payments using UPI across LankaPay QR mercha

Glad to see VIL's fund raise; India to benefit from 3 pvt telcos: Airtel MD. Bharti Airtel Managing Director Gopal Vittal on Wednesday said he was happy to see Vodafone Idea raising funds and asserted that India will be well-served with three private players operating in the market. The comment assumes significance as Airtel's smal

L&T Finance aims at 25% CAGR over next few years, retail lending in focus. L&T Finance Ltd is aiming at a 25-per cent compound annual growth rate (CAGR) over the next few years, with focus on consolidating its retail lending business, a top company official said on Wednesday. The financial services arm of Larsen & Toubro plans to

Go Digit General Insurance raises Rs 1,176.59 crore from anchor investors. It allocated over 43 million equity shares at Rs 272 per share on Tuesday, to anchor investors

Amazon's accelerator aims to launch 50 Indian startups in global markets. The applications for the programme open today, will close on June 14, 2024. It will culminate in a demo day where participants will get chance to pitch their business propositions to leading VC firms

PE firm ChrysCapital to invest up to Rs 830 crore in Centre For Sight. "This investment will support CFS's ability to further scale and serve the growing demand for eye care in India both across Tier-I and Tier-II cities," the statement added

Siemens Q4 results: Net profit up 74% at Rs 896 crore on higher revenues. Technology firm Siemens Ltd on Tuesday posted nearly 74 per cent rise in March quarter profit after tax at Rs 896 crore, mainly on the back of higher revenues. The company, which follows October-September financial year, had logged a profit after tax (PAT)

Manipal Hospitals rebrands AMRI units eight months after acquisition. Manipal Hospitals, which acquired an 84 per cent stake in AMRI Hospitals in September 2023 for around Rs 2,300 crore, announced brand integration on Tuesday

Siemens profit surges 70%, to list energy biz into separate entity. Announces demerger of energy business into a separate listed entity, incremental capex of Rs 500 crore

Ikea gets closer to Delhi-NCR, to set up warehouse facility in Gurugram. Spread over 150,000 square feet, the warehouse facility will be able to store over 7,000 products and aid the group's expansion into Delhi-NCR

HDFC Bank's IT expense 7% of total spending, says senior executive. Digital investments part of lender's 'transformation journey', says Parag Rao

Patanjali Foods Q4 results: PAT falls 22% to Rs 206 cr on higher expenses. The Ruchi Gold oil maker's profit fell to Rs 206 crore (around million) for the quarter ended March 31, from Rs 264 crore a year earlier

Zydus Wellness Q4 profit up 3.4%, driven by strong brand performance. For the full year of FY24, the company posted a 14 per cent Y-o-Y decline in PAT and the revenue grew by 3.2 per cent reaching Rs 266.9 crore and Rs 2,327.8 crore respectively

Chinese EV maker Leapmotor to enter India in third quarter of 2024-25. Stellantis and Leapmotor announced on Tuesday that they have received all required approvals to form Leapmotor International BV, a 51:49 joint venture led by Stellantis

Supreme Court reserves verdict in Patanjali misleading advertisements case. The court is hearing a petition filed by the Indian Medical Association (IMA) against Patanjali's advertisements attacking allopathy and making claims about curing certain diseases

Oberoi Realty Q4 PAT up at Rs 788 cr on strong demand for luxury projects. India's real estate market is seeing a surge in demand for homes, particularly luxury properties. Unlike other segments, the luxury market seems unfazed by rising property prices

9Unicorns rebrands as 100Unicorns; launches its second fund of 0 million. The second accelerator fund called 100Unicorns Fund II with a target size of 0 million includes a green-shoe option of 0 million

Jindal Stainless supplies 'high-strength' steel to Vande Metro trains. Leading stainless steel manufacturer Jindal Stainless has supplied high strength stainless steel for the Vande Metro train expected to operate from July, the company said on Tuesday. The Railways had recently rolled out the Vande Metro train from the Integ

Colgate Palmolive India Q4 results: Net profit rises 20%, revenue up 10.4%. During the quarter, the company also invested in advertising and saw its ad spends increase by 18 per cent to Rs 168.9 crore in the quarter

Radico Khaitan Q4 results: Net profit rises 26% to Rs 53.91 crore. Liquor maker Radico Khaitan Ltd on Tuesday reported a 26.43 per cent increase in consolidated net profit to Rs 53.91 crore in the fourth quarter ended March 2024. The company had posted a consolidated net profit of Rs 42.64 crore in the same quarter a year

Ecommerce company Amazon infuses Rs 1,600 crore into India entity. Amazon's chief rival Flipkart recently raised nearly 0 million in fresh funds from its parent company, Walmart, and another investor

Dalmia Bharat Sugar Q4 results: PAT falls 25% to Rs 93.37 cr on weak sales. Peers Dhampur Sugar Mills and Dwarikesh Sugar Industries too reported a fall in their respective quarterly profits

IMA president tenders apology in SC for statements against apex court. Indian Medical Association (IMA) president R V Asokan on Tuesday tendered an unconditional apology to the Supreme Court and expressed regret for his statement against the apex court in an interview to PTI where he answered queries about Patanjali Ayurved L

'A-I Express sees no flight cancellation on Tue, operations near normal'. A week after being hit by disruptions due to a cabin crew strike, officials said the operations of Air India Express have almost normalised and there was no flight cancellation on Tuesday. Protesting against alleged mismanagement at the carrier, a section

Promoter group to sell 2.53% stake worth 6 million in Cipla: Report. The promoter group will sell its stake in Cipla at a per-share price range of 1,289.5 rupees to 1,357.35 rupees, the report said

Apollo Tyres Q4 results: PAT falls 13% to Rs 354 cr on higher tax expenses. Apollo Tyres, which manufactures tyres for Maruti Suzuki , Mahindra and Mahindra and TVS Motor Company Ltd among others, is one of the major players in the sector

Bajaj Electricals Q4 results: Consolidated PAT down 43.4% to Rs 29 crore. Bajaj Electricals Ltd on Tuesday reported a 43.47 per cent decline in consolidated net profit to Rs 29.31 crore in the March quarter with revenue impacted by weakness in appliances and general trade. The company had posted a consolidated net profit of Rs 5

Bharti Airtel Q4FY24 results: Net profit drops 31% to Rs 2,071 crore. Average revenue per user inches up to Rs. 209, from Rs. 208 in Q3

Bharti Hexacom Q4 results: Net profit up 10.2% to Rs 223 cr amid Arpu lift. Bharti Hexacom on Tuesday posted over 10 per cent year-on-year rise in net profit for the March quarter to Rs 223 crore on the back of strong customer additions and ARPU increase in mobile services. The total revenue for the March quarter stood at Rs 1,868

6-7% of overall annual expenses are on tech related aspects, says HDFC Bank. Country's largest private sector lender HDFC Bank spends 6-7 per cent of its overall expenses on technology-related aspects every year, a senior official said on Tuesday. Parag Rao, HDFC Bank head for payments and consumer finance, said the bank has been i

Mankind Pharma in fray to acquire Advent's stake in Bharat Serums: Report. Mankind Pharma's stock surged 3.11 per cent on BSE on Tuesday

TVS Motor launches new TVS iQube e-scooter; price starts from Rs 94,999. Two and three-wheeler maker TVS Motor has rolled out a new range of its popular electric scooter, TVS iQube, widening its product portfolio, the company said. With the launch of new variants, the TVS iQube portfolio begins at an introductory price of Rs 94

Tube Investments Q4 results: Slight dip in standalone PAT at Rs 247.88 cr. Tube Investments of India Ltd has reported a standalone profit after tax for the January-March 2024 quarter at Rs 247.88 crore, the company said on Tuesday. The city-based company, part of the diversified conglomerate Murugappa Group, had registered a stan

DLF's FY24 sales down 2% to Rs 14,778 crore due to subdued March qtr. India's largest realty firm DLF's sales bookings declined 2 per cent annually to Rs 14,778 crore during the last fiscal year due to a subdued March quarter, which did not see any major project launch despite strong housing demand. Its sales bookings stood

Reliance Retail Ventures plans expanding in diagnostic healthcare: Report. Company said to be considering acquiring majority stake in dedicated diagnostic services firm

AI Express fiasco: Woman couldn't see hospitalised husband before death. In a heartbreaking incident, a woman, whose husband was in a hospital ICU in Oman, was unable to see him one last time before he died there due to the cancellation of her Air India Express flight to that country last week, her family alleged. The woman, Am

Q4 results: Airtel, Siemens, PVR Inox among 97 firms to post earnings today. Q4 FY24 results: Patanjali Foods, Zydus Wellness, Bajaj Electrical, Colgate-Palmolive too will release their fourth quarter results

SC reserves order on contempt notice to Baba Ramdev in misleading ads case. Balkrishna and Patanjali Ayurved also served notice in Patanjali misleading ads case

Devyani International Q4: Net loss of Rs 48.95 cr, revenue at Rs 1,047 cr. Quick service restaurant operator Devyani International Ltd on Tuesday reported a consolidated net loss of Rs 48.95 crore in the fourth quarter ended March 31, 2024, impacted by forex translation loss due to the devaluation of Nigerian currency. The compan

Allied Blenders Ltd gets Sebi's approval to float Rs 1,500-crore IPO. Allied Blenders and Distillers Ltd, the maker of Officer's Choice Whisky, has received Sebi's go-ahead to raise Rs 1,500 crore through an Initial Public Offering (IPO), an update with the markets regulator showed on Tuesday. The initial share sale comprise

Zydus Wellness Q4: Net profit up 3.44% to Rs 150 cr, revenue at 782 cr. Zydus Wellness Ltd on Tuesday reported a 3.44 per cent rise in consolidated net profit at Rs 150.3 crore in the fourth quarter ended March 31, 2024. The company had posted a consolidated net profit of Rs 145.3 crore in the same quarter of the previous fisc

IndiGo plans to expand regional network with order of 100 smaller planes. Budget airline already has 45 ATR-72 planes and is looking to expand its fleet to strengthen domestic network

Snack maker Haldiram's eyed by foreign investors like Blackstone, ADIA. Haldiram's was last year also an acquisition target for India's Tata Group, one of country's biggest conglomerates

Ikea announces Gurugram warehouse deal to boost Delhi-NCR deliveries. International logistics firm Rhenus will set up facility for Swedish furniture retailer, expected to be operational by early next year

Q4 results: PVR Inox reports Rs 130 crore net loss on weak demand. The company reported a consolidated net loss of Rs 130 crore (.6 million) for the March quarter, missing analysts' estimate of a loss of Rs 83.59 crore, as per LSEG data

Hindustan Zinc, JK Cement, others qualify as bidders for gold mines in Raj. Vedanta group firm Hindustan Zinc, Jindal Power and JK Cement are among the few companies that have emerged as technically qualified bidders for two gold mines put up for sale in Rajasthan. Ramgad Minerals and Mining Ltd, Hirakund Natural Resources Ltd, Ji

Bharti Airtel Q4 results: Profit drops 31% to Rs 2,072 cr, revenue down 10%. Airtel Q4 FY24 results: The board has recommended a final dividend of Rs 8 per fully paid-up equity share of face value Rs 5 each for the financial year 2023-24

Macrotech Developers to invest Rs 3,500-4,000 cr to acquire land parcels. Realty firm Macrotech Developers Ltd will invest Rs 3,500-4,000 crore this fiscal to acquire new land parcels, outright and through joint development agreements with landlords, to build housing projects as part of its expansion plan to encash a surge in de

BASF India Q4 result: PAT up 15% at Rs 161 cr, total income at Rs 3,384 cr. BASF India Ltd on Tuesday posted a 15.30 per cent jump in consolidated net profit at Rs 161.43 crore during the fourth quarter of the 2023-24 fiscal. Its profit stood at Rs 140 crore in the same quarter in the previous fiscal. Total income rose marginally

Novelis files registration statement with US SEC for proposed IPO. In February, Novelis announced plans to pursue a US market IPO of shares to be offered by its sole shareholder - Hindalco

HCG expands with two new state-of-the-art cancer care centres in Bengaluru. HCG's network presently encompasses 21 comprehensive cancer centres with 24 hospitals across India and Africa, and seven daycare centres

Shriram Finance's HFC sale capital accretive, says S&P Global Ratings. Help to maintain 20 per cent year-on-year credit growth

India to have 200 new GCCs by 2025-end, says JLL's Manish Aggarwal. GCCs are offshore centres that handle a variety of operations like tech, customer service, finance and product development, among other things to support the parent company

Shriram Finance will focus more on its core business: Umesh Revankar. Warburg to invest Rs 1,000 crore in SHFL

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NSE share market NEWS tomorrow (15 May, 2024). NSE stocks in NEWS (tomorrow)

 

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