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NSE share market NEWS tomorrow (14 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (14 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 May 2024

Mazagon Dock was amongst the top gainers, currently trading at 2333.60 in NSE with 2.998 times change in volumes and 9.425% change in price. Other gainers included 8 20 with 8.066% price change and 2.353 times volumes, Bond 8 with 7.814% price change and 3.197 times volumes, National Aluminium with 7.29% price change and 2.545 times volumes, and Rail Vikas with 7.116% price change and 2.559 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.

Tube Invest was amongst the top losers, currently trading at 3757.55 in NSE with 1.306 times change in volumes and -4.512% change in price. Other losers included Upl with -4.503% price change and 0.555 times volumes, Cipla with -4.05% price change and 0.471 times volumes, Piramal Pharma with -3.437% price change and 0.198 times volumes, and Hindustan Zinc with -3.315% price change and 0.677 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.

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

Timely new launches, India outperformance key for Cipla's margin gains. Pharma major Cipla's active pharmaceutical ingredients business led on the sales front with a growth of 42 per cent, while the domestic sales were up 7 per cent year-on-year

TCS announces creation of Global AI Center of Excellence in Paris. TCS has continuously ramped up its investments in France, since commencing operations in 1992. With the acquisition of TKS- Teknosoft in 2006, and of Alti in 2013

Zomato seeks approval from shareholders for creation of new ESOP pool. The company said that under the ESOP 2024, it will grant shares of 18.26 crore to the employees of the company

Hero MotoCorp joins ONDC to enhance reach, ease accessibility for customers. Two-wheeler major Hero MotoCorp on Monday said it has joined the Open Network for Digital Commerce (ONDC) to enhance reach and convenience and provide an easily accessible digital mode to customers. The open network will initially offer two-wheeler parts,

Warburg Pincus to acquire Shriram Housing Finance for Rs 4,630 crore. Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment from all the sellers

DLF Q4 results: Net profit up 62% at Rs 920 cr, total income at Rs 2,316 cr. Realty major DLF Ltd on Monday reported a 62 per cent increase in its consolidated net profit to Rs 920.71 crore in the quarter ended March on higher income amid strong housing sales. Its net profit stood at Rs 570.01 crore in the year-ago period. Total in

ICICI Securities breached shareholder privacy rules: Shareholders tell NCLT. They claimed ICICI Bank contacted and misled shareholders in delisting process

Piramal Pharma open to partnerships in OTC; eyes further debt reduction. Piramal said that they are focusing on organic growth across all their verticals - OTC business in India, complex hospital generics, and the Contract Development and Manufacturing (CDMO) business

Merger with Vistara targeted to be done by December: Air India CEO. Vistara, a joint venture between Singapore Airlines and Tata Group with a ratio of 51:49, is currently undergoing a merger with Air India to create a unified full-service carrier

Karur Vysya Bank Q4 results: Net profit rises 35% to Rs 456 crore. Private sector lender Karur Vysya Bank on Monday reported a 35 per cent rise in net profit to Rs 456 crore in the March quarter. The Tamil Nadu-based bank had earned a net profit of Rs 338 crore in the year- ago period. The total income increased to Rs 2,8

Aditya Birla Capital Q4 result: Consolidated net profit up 33% at Rs 812 cr. The company's consolidated revenue grew by 32% Y-o-Y to Rs 12,079 cr

Engine lessors left stranded as NCLT defers hearing of Go First to July 11. NCLT indicated that it needed more time to study the Delhi High Court's order that told the Directorate General of Civil Aviation (DGCA) to deregister all its 54 aircraft by May 3, 2024

Zomato to surrender RBI licence to operate as online payment aggregator. Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided to voluntarily surrender the certificate of authorisation it obtained from the Reserve Bank to operate as an online payment aggregator. "At Zomato, we do not see

Sterling Tools Q4 results: PAT doubles to Rs 16 cr on growth in EV division. Automotive parts manufacturer Sterling Tools Ltd's profit after tax doubled in the March quarter to Rs 16.3 crore driven by growth in its electric vehicle division. The company reported a profit after tax of Rs 7.8 crore in the year-ago period, Sterling To

M&A activity: Deals fall 60% in April to .19 bn despite more transactions. The overall deal activity by value declined by a sharp 60 per cent to USD 5.192 billion in April as compared to the preceding March's USD 12.934 billion, a report said on Monday. This was despite a 24 per cent increase in the number of deals at 176 during

Before global scrutiny, Indian spice maker MDH faced several US rejections. Hong Kong suspended sales last month of three spice blends made by MDH and one by another Indian company, Everest, for apparently containing high levels of a cancer-causing pesticide

With IPO in mind, Flipkart may move domicile from Singapore to India. The move by the company, valued at billion, may provide a huge tax gain for the Indian govt

Renewable energy firm SAEL plans dollar bond sale targeting up to 0 mn. The offering also comes amid India's push to ramp up the renewable energy sector

Realty firm Shapoorji group seeks more time to clear bondholder payments. The company is required to pay around 1,400 crore rupees (7.62 million) to bondholders of Goswami Infratech when it services the debt of another group company Sterling Investment Corp

N Chandrasekaran to lead Tata Electronics amid bn semiconductor push. N Chandrasekaran will succeed Banmali Agrawala, who has served in this post for the past few years

Apple's India iPhone exports soar, set to cross Rs 1 trillion mark in FY25. Exports of iPhones produced in India nearly doubled in April, reaching .1 billion (Rs 9,000 crore) compared to 0 million a year ago

Zomato Q4 results preview: Analysts expect rise in food delivery revenues. Q4 FY 24 results: Zomato is expected to deliver strong earnings growth in the fourth quarter of the financial year 2023-24

Meesho raises 5 million, eyes 0 million in ongoing round. Meesho plans to utilise its primary capital of approximately 0 million to cover taxes resulting from relocating the company's base back to India from Delaware

Airtel, Google Cloud partner to propel cloud adoption & gen AI in India. Public cloud services market in India is expected to reach .8 billion by 2027

Varun Beverages Q1 results: Revenue up 11.3%, net profit at Rs 537 cr. Consolidated revenue from operations in the first quarter stood at Rs 4,397.98 crore as against Rs 3,952.59 crore in the year-ago period, it added

Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs. This comes days after TI Clean Mobility signed a definitive agreement to raise Rs 580 crore from private equity firm GEF Capital Partners LLC

Hyderabad-based Greenko signs green ammonia supply pact with Norway's Yara. Greenko will supply green ammonia from Phase 1 of its ammonia production facility in Kakinada, India

Veira to invest Rs 450 cr on new unit to increase production capacity. Consumer electronics and appliances maker Veira on Monday said it will invest Rs 450 crore to set up a new manufacturing unit at Greater Noida to enhance capacity for air coolers and washing machines. This investment will result in increasing existing prod

Zomato Q4 results: Consolidated profit at Rs 175 crore, revenue up 73%. Zomato Q4 FY24 results: The company had reported a net loss of Rs 188 crore in Q4 FY23

Hyundai ties up with Laxmi Group to begin Venue production in Nepal. Hyundai Motor India on Monday said it has commenced local assembly of its compact SUV Venue in Nepal in collaboration with Laxmi Group. The plant, the first automotive assembly facility in Nepal, has an annual installed capacity of 5,000 units. "Hyundai Ve

Singapore airport retailer to run duty-free outlet at Noida airport. The airport announced that the international duty-free outlet, to be operated by Heinemann, will feature a selection of premium liquors, tobacco, confectionery, perfumes, cosmetics, and chocolates

Zomato Q4 result: PAT Rs 175cr; fourth consecutive quarter of profit. Quick commerce GOV growth outpaces food delivery business

Piramal Group's fund management arm invests Rs 600 cr in Annapurna Finance. The assets under management of Annapurna Finance exceed .25 billion as of March 31, 2024, with 1,372 branches spread across 20 states and covering nearly 450 districts

Jindal Steel Q4 results: PAT at Rs 933 cr, up 100.2%; revenue falls 1.4%. BENGALURU (Reuters) - India's Jindal Steel & Power reported on Monday a fourth-quarter profit that doubled from a year earlier as input costs declined.

Will continue to expand SUV offerings to recover mkt share in India: Suzuki. Japanese car maker Suzuki Motor Corporation on Monday said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment. The company, which currently has around 58 per cent stake in Maruti Suzuki In

Paytm to focus on UPI Lite Wallet after RBI's crackdown on payments bank. UPI Lite processes low-value transactions that have been set at below Rs 500, according to the National Payments Corporation of India (NPCI) website

French BPM major Teleperformance to hire 15,000 people by end of 2025. The company plans to add 60,000 employees over the next three years in India

Coromandel increases stake in drone company Dhaksha; to invest Rs 250 crore. Coromandel will invest Rs 150 crore through a fresh issue of shares to increase its overall shareholding in Dhaksha to 58 per cent. Dhaksha, incorporated in 2019 and headquartered in Chennai

Airtel to offer cloud and Gen-AI solutions with Google Cloud in India. The two companies are targeting the large and growing Indian public cloud services market, which is expected to reach .8 billion by 2027, according to IDC

Aditya Birla Capital Q4 results: Net profit doubles to Rs 1,245 crore. Aditya Birla Capital on Monday reported a two-fold rise in profit to Rs 1,245 crore on a consolidated basis for the fourth quarter ended March 2024. The company posted a net profit of Rs 609 crore in the same period a year ago. The consolidated profit afte

Varun Beverages Q4 results: Net profit rises 25.2% to Rs 537.3 crore. PepsiCo's bottling partner focused on reducing sugar content in beverages

Adani Enterprises to invest Rs 80k cr in current fiscal, says official. Adani Enterprises, billionaire Gautam Adani-led group's flagship firm that has interests spanning from new energy to airports and data centres, plans to spend Rs 80,000 crore across businesses in the current financial year, a senior company executive said.

State-owned retailers IOC, BPCL, HPCL post Rs 81,000 cr profit in FY24. State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profits totalling about Rs 81,000 crore in FY24, which far exceeded their annual earning in pre-oil crisis years. Th

Escorts Kubota plans to invest Rs 4,500 cr in new plant in coming years. Farm and construction equipment manufacturer Escorts Kubota Ltd plans to invest up to Rs 4,500 crore over the next three to four years to set up a new manufacturing plant, according to its whole-time director and CFO Bharat Madan. The company is currently

Maruti expects 30% jump in CNG vehicle sales at 600,000 units in FY25. Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country's largest carmaker also aims to export around 3 lakh units in the ongoing financial year. "So CNG

Anarock FY24 revenue surges 36% to Rs 566 crore on higher earnings. Real estate consultant Anarock Group has posted a 36 per cent increase in its revenue to Rs 566 crore in the last fiscal, helped by better earnings from housing brokerage and other services. During 2022-23, the company posted a revenue of Rs 416 crore. Hom

Not in 'rat race' to be top builder in terms of sale bookings: Macrotech MD. Realty firm Macrotech Developers is not in a "rat race" to become the top builder in terms of sale bookings and will rather focus on achieving consistent and predictable growth with high-profit margins, its MD and CEO Abhishek Lodha said. Macrotech Develop

SAIL-Bhilai to set up Chhattisgarh's first 15-Mw floating solar plant. The first solar project of NSPCL will open avenues of green energy portfolio for NSPCL while helping SAIL in green steel production

Air India Express slowly restoring its flights, stabilising the network. Air India Express is slowly restoring its flights and stabilising the network, an official said on Sunday while the cabin crew union emphasised that all members who had reported sick have joined duty. The Tata Group-owned airline, which operates around 380

85% of 12,000 freshers set to join SBI in FY25 are engineering grads: Khara. Eighty-five per cent of about 12,000 freshers set to join the country's largest lender SBI in FY25 are engineering graduates, its chairman Dinesh Khara has said. The bank is in the process of onboarding up to 12,000 freshers in the roles of probationary of

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