NSE share market NEWS tomorrow (14 December, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 December 2023
8 20 was amongst the top gainers, currently trading at 111.35 in NSE with 3.73 times change in volumes and 11.741% change in price. Other gainers included Bond 8 with 10.958% price change and 5.629 times volumes, Steel Authority with 7.458% price change and 4.155 times volumes, Ireda 8 with 7.411% price change and 1.165 times volumes, and Mphasis with 7.229% price change and 7.07 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.
Max Financial was amongst the top losers, currently trading at 1018.30 in NSE with 2.018 times change in volumes and -3.648% change in price. Other losers included Max Healthcare with -2.566% price change and 1.458 times volumes, Power Grid with -2.047% price change and 1.115 times volumes, Hindustan Zinc with -1.966% price change and 0.962 times volumes, and Hdfc Stand with -1.955% price change and 1.314 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.
S&P downgrades Anil Agarwal's Vedanta Resources; warns of potential default. Anil Agarwal firm seeks bond holders consent to extend maturities
Adani Ports plans to issue 0 million rupee bond sale, first since 2021. Flagship Adani Enterprises Ltd. became the first of Indian billionaire Gautam Adani's firms to sell local-currency bonds, since being targeted by US short seller Hindenburg Research in January
Adani Energy Solutions incorporates Gujarat-based Sunrays Infra Space Two. Adani Energy Solutions on Thursday announced the incorporation of a wholly-owned subsidiary Sunrays Infra Space Two Limited on December 13, 2023. "Company has incorporated a wholly-owned subsidiary company in the name of Sunrays Infra Space Two Ltd (SISTL
Calcutta High Court modifies the extent of Priyamvada Birla estate. The Harsh Lodha side claimed that the ruling was 'firmly' in its favour
Shree Cement commissions high capacity kiln for Rs 3,500 cr Rajasthan plant. Shree Cement Limited on Thursday announced the commissioning of a kiln at its new integrated production facility in Nawalgarh, Rajasthan, with a rated capacity of 11,500 tonnes per day. This kiln stands among one of the highest capacity units in the world,
Adani Group reports 13.7% rise in cash reserve to Rs 45,895 crore. Adani group companies have reported a 13.7 per cent rise in cash reserve to Rs 45,895 crore in the first half of the current fiscal as earnings across the business rose while debt was almost unchanged. In the half-year credit performance report, Adani said
Go First resolution professional, lessors in talks to maintain aircraft. Advocate Diwakar Maheshwari, appearing for the RP, told the court that they are in talks with the lessors, one of which is SMBC Aviation Capital, to maintain the aircraft
Hero MotoCorp appoints Vivek Anand as CFO; Rachna Kumar as CHRO. The Company has appointed Vivek Anand as Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO)
Kia India eyes 10% growth in sales volume next year: MD & CEO Tae-Jin Park. Park, however, anticipates the overall domestic passenger vehicle (PV) sales in the industry to stay "flat" in 2024, as demand primarily exists for sport utility vehicles (SUVs)
Amazon won't have to pay 3 million in back taxes after winning EU case. Amazon won't have to pay about 250 million euros (USD 273 million) in back taxes after European Union judges ruled in favour of the US e-commerce giant Thursday, dealing a defeat to the 27-nation bloc in its efforts to tackle corporate tax avoidance. The r
China's Country Garden prevents worsening of debt crisis with payment. The distressed builder's onshore unit, Country Garden Real Estate Group Co., repaid in full 1 million bond with a put option that expired Wednesday, it said in a filing
Dr Reddy's becomes 1st Indian pharma firm on Dow Jones Sustainability index. Dr. Reddy's Laboratories Ltd on Thursday said it has won back-to-back global recognitions for its commitment and progress on sustainability and Environment Social and Governance (ESG) agenda. Dr. Reddy's has become the first Indian pharma company to earn a
Google plans to phase out use of third-party cookies for users in 2024. The search giant is set to roll out the feature, called Tracking Protection, on Jan. 4 to 1% of Chrome users globally, that will restrict cross-site tracking by default
RBI asks Religare to submit fresh application for stake transfer of RHDFCL. The Reserve Bank of India has rejected Religare Enterprises' proposal to buy 87.5 per cent stake in Religare Housing Development Finance Corporation Limited (RHDFCL), a subsidiary company of Religare Finvest Ltd., and asked it to submit a fresh application
Singapore's Sembcorp renewables' unit gets 300 MW solar project from NHPC. The project will be funded by internal funds and debt, and is expected to be ready for commercial operation in 2026, the energy and urban solutions provider said
Adobe signals slow growth in generative AI tech, disappoints investors. In the fiscal fourth quarter, sales increased 12% to .05 billion. Profit, excluding some items, was .27 a share
S&P downgrades Vedanta Resources to 'CC' on potential bond extensions. The ratings remain on CreditWatch with negative implications, where they were first placed on September 29, 2023
Vedanta Resources secures debt refinancing worth .25 billion: Report. Earlier on Thursday, S&P Global Ratings downgraded Vedanta Resources Ltd's long-term issuer rating and bonds from "CCC" to "CC" on potential extension of bond maturities
Foxconn set to open its first iPhone assembly plant in Bengaluru in April. The key Apple supplier will create a capacity that can assemble 20 million iPhones annually at the assembly unit in Karnataka
Ontario Teachers' to acquire 30% stake in Mahindra Susten for Rs 2,371 cr. The companies will also establish an Infrastructure Investment Trust (InvIT) comprising renewable power assets of Mahindra Susten with an operation capacity of 1.54 GWp
Adani Green Energy announces incorporation of step-down subsidiaries. Earlier this month. Adani Green also announced that it has sealed its largest project financing of a .36 billion senior debt facility
Gautam Adani's copper foray may further tighten global supply of ore. India's imports of copper concentrate could grow to as much as 2 million tons in 2024, from 1.3 million tons estimated for this year, said Soni Kumari, commodity strategist at ANZ Banking Group
Volvo Car India to hike prices up to 2% from Jan due to rising input costs. Volvo Car India on Thursday said it will increase prices up to 2 per cent from January 1, 2024. The decision to raise prices is on account of rising input costs and volatile foreign exchange rates, the automaker said in a statement. "The decision to adjust
Tata Capital eyes fashion brand Rare Rabbit at 0 mn valuation: Reports. Rare Rabbit was started in 2015 by an Indian family-run company Radhamani Textiles, and sells shirts, jeans, jackets and sneakers that are priced as low as and all the way up to the high-end range
Auto component maker Happy Forgings to launch Rs 1,008 crore IPO on Dec 19. Auto components maker Happy Forgings Ltd on Thursday fixed a price band of Rs 808 to 850 per share for its Rs 1,008 crore-Initial Public Offering (IPO). The maiden public issue will open for subscription from December 1921, and the anchor book will be open
Azad Engineering receives Sebi's approval to raise Rs 740 crore IPO. Azad Engineering Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 740-crore through an initial public offering (IPO). The Hyderabad-based firm, which filed its preliminary IPO papers in September, obtained the regulator's observation
Audi, ChargeZone inaugurate ultra-fast charging station in Mumbai. German luxury car manufacturer Audi on Thursday inaugurated an ultra-fast charging station, conceptualised and developed in collaboration with ChargeZone, in Bandra Kurla Complex (BKC) here. Claiming to be India's first ultra-fast charging station, it has
Udaan raises 0 million in funding, eyes profitability in 12-18 months. Led by M&G plc, Udaan's Series E funding includes Lightspeed Venture Partners and DST Global
Adani Group to make additional investment of Rs 8,700 crore in Bihar. The Adani Group on Thursday said it would make an additional investment of Rs 8,700 crore in Bihar in various sectors, including cement manufacturing, logistics and the agro-industry. The group is already present in Bihar, where it has invested Rs 850 cror
Cognizant gears up to advance women in leadership with new programme. In India, nearly 40 per cent of Cognizant's associates are women, compared to the IT industry gender diversity average of 36 per cent
Essar group signs MoU with Gujarat govt to invest Rs 55,000 crore. These projects would create over 10,000 job opportunities
Pawan Munjal-backed Exponent raises .4 million in Series B round. The fund would help the firm to deploy 1,000 e-pumps (charging stations) and have 25,000 EVs powered by Exponent by 2025
Nippon Paint announces acquisition of VIBGYOR Paints and Chemicals. After the acquisition, VIBGYOR Paints and Chemicals will become a division of Nippon Paint India, leveraging its resources and reach to further its growth and market leadership
BluPine Energy ties up Rs 511 crore green loan for Gujarat solar project. Renewable energy services firm BluPine Energy has tied up a Rs 511 crore green loan for its 120 MW solar project in Gujarat. The green loan financing for the project has been secured through leading global banking institution Standard Chartered, a company
Infibeam Avenues picks up 49% stake in Ahmedabad-based Pirimid Fintech. The partnership aims to combine Infibeam's digital payments and AI-based frameworks with Pirimid Fintech's capital market trading software for its clients nationwide and globally
Tata Tech sets up vehicle-software focused Innovation Centre in Tamil Nadu. Global product engineering and digital services firm Tata Technologies has inaugurated a vehicle-software focused Innovation Centre in Tamil Nadu. The first kind of facility in Coimbatore, about 550kms from here, would focus on innovating solutions for glo
Agilitas Sports secures Rs 100 cr Investment from Nexus Venture Partners. Sport comprises 16 per cent of the Indian footwear market and is the fastest-growing segment
Muthoot Microfin IPO to open on Dec 18 at price band of Rs 277-291. The funds are expected to augment the capital base of the company. Out of the total, the company plans to raise Rs 760 crore through the sale of fresh equity and Rs 200 crore via Offer for Sale
Louis Dreyfus looks to deepen engagement with agritech startups: CEO Mittal. Inflation in 2023-24 and 2024-25 won't be as impactful as it was last year
Private equity firm Bain Capital sells Rs 3,737 cr stake in Axis Bank. More than 50 entities, largely comprising foreign funds, were among the buyers, including Societe Generale, Morgan Stanley, Goldman Sachs and UBS
Indian exporters on Amazon see over 80% business growth during BFCM sale. Customers across global markets shopped from Indian exporters on Amazon Global Selling during the 11-day sale period
Myntra surpasses 75 mn new app users, achieves record customer growth. The Gen Z fashion segment on the platform has recorded 2.25X surge in demand and 175% YoY growth in customers
UltraTech to have 85% green energy mix by 2030 to meet sustainability goals. The largest cement and ready-mix concrete maker Ultratech Cement on Wednesday announced that it plans to increase the overall share of green energy in its total energy mix to 85 per cent by 2030. As an interim target for its sustainability objectives and t
Bank of Maharashtra raises Rs 259 cr at 7.99% through tier-II bonds. The issue had a base size of Rs 250 crore and a greenshoe option of Rs 750 crore
Fashion D2C brand Snitch secures Rs 110 crore in series A funding. The firm said this funding round stands out, especially at a time when many late-stage D2C brands struggle to secure capital
M&M, investors to put Rs 875 cr in Classic Legends over next 2-3 years. CLPL revived heritage brands like Yezdi and Jawa. However, it has been able to gain significant market share in the premium segment, which is still largely dominated by Eicher Motors' Royal Enfield
Enough jobs exist for smart people: Info Edge's Sanjeev Bikhchandani. Bikhchandani said there is no funding winter for good companies, and there never was
SAT quashes Sebi's Rs 7 lakh fine against RIL's Jio Financial Services. The Securities Appellate Tribunal (SAT) on Wednesday quashed a Sebi order imposing a penalty of Rs 7 lakh on Jio Financial Services Ltd in case of alleged manipulation in certain trades in long-dated Nifty options in 2017. Earlier this year, Reliance Indus
Looking forward to ride credit on UPI wave: Amazon Pay India's Jain. Jain said the company is working with banks and the NPCI to introduce the product to its customers in the first half of 2024
Godrej Consumer starts price war in liquid detergents with new product. Godrej fab launched at Rs 99/ litre in South India
Executive Director Rangan to look after corporate affairs in HDFC Bank. In the last week of November, the Reserve Bank of India approved Rangan's appointment as a whole-time director for three years, in the largest private-sector lender
State-owned NBCC bags Rs 1,500 cr project management consultancy contract. State-owned NBCC has bagged a Rs 1,500 crore project management consultancy contract for construction of 1,469 warehouses and other infrastructure related to the agriculture sector. In a regulatory filing, NBCC said it has bagged the work order from Nation
UltraTech eyeing Volume expansion in south, unlikely to disturb prices. On November 30, Kesoram Industries decided to demerge its cement business and transfer it to UltraTech Cement in a share swap deal
Pernod Ricard aims threefold jump in sales in Indian market by next decade. French Spirits maker Pernod Ricard expects a threefold jump in its sales in the Indian market by next decade, led by macroeconomic tailwinds, favourable demographic dividend and growing premiumisation in IMFL and imported brands here. According to Pernod R
Moody's affirms Reliance Industries' Baa2 ratings, outlook stable. Reliance Industries Ltd's consumer businesses of retail and telecom will support EBITDA growth over the next two years even as earnings from oil and gas business are likely to remain flat, Moody's Investors Service said as it affirmed the company's Baa2 ra
SBI to sign Rs 630 crore LoC with Germany's KfW for solar projects. State Bank of India (SBI) on Wednesday said it will sign 70 million euro (about Rs 630 crore) Line of Credit (LoC) with German Development Bank KfW for promoting solar project in the country. The agreement will be signed on December 14 at the bank's IFSC G
Half a century on, Emami group to identify new sectors for growth. In the last 50 years, it has traversed the journey from a start-up cosmetics company with four products to more than 500 across a Rs 30,000 crore group with diverse business interests
Disney, Reliance plan London meeting for India media merger talks: Report. Disney and Reliance have held talks to merge their India businesses by forming a joint venture company in which Ambani's media unit would hold a majority stake
Cloud-lending startup Lentra launches 3 AI products for financial sector. The company launched AI products, namely Lentra Convo, Lentra Insights, and Lentra Wingman, to serve lenders with solutions that enhance the lending processes
Private equity firm Bain Capital sells 8 million stake in Axis Bank. Societe Generale, Goldman Sachs, UBS and Morgan Stanley were among the buyers of Axis Bank shares on Wednesday as Bain sold its stake, exchange data showed
Patel Family acquires 1% stake in GMM Pfaudler for Rs 1,700 per share. The Patel Family -- the promoter of GMM Pfaudler -- has completed the acquisition of one per cent stake in the engineering firm. Following the acquisition, the Patel Family's shareholding stands at 25.18 per cent and they remain the largest shareholder of
Alternative debt provider BlackSoil sees 44% jump in investment in 2023. Bansal also said that the risk is getting blurred between equity and debt as entrepreneurs are unable to raise funds via equity
IndiGo occupies sixth position in global mcap, surpassing United Airlines. On Wednesday, shares of InterGlobe Aviation, the parent company of IndiGo, ended 1.73 per cent higher at Rs 2,982.50 on BSE
Apple set to be hit by EU antitrust order in app store fight with Spotify. EU is putting the finishing touches to a decision that would prohibit Apple's practice of blocking music services from pushing their users away from the App Store to alternative subscription options
Bajaj Allianz Life's assets under management crosses Rs 1 lakh crore. Bajaj Allianz Life Insurance on Wednesday said its assets under management has surpassed the Rs 1 lakh crore mark. The Pune-based leading private sector life insurance player in a statement said this makes them one of the fastest growing life insurers amon
Indian firms record 25% biz growth during Amazon's BFCM 2023 shopping event. Indian exporters on Amazon Global Selling recorded more than 25 per cent business growth during the Black Friday and Cyber Monday shopping events held globally between November 17-27 compared to the same event last year, the e-commerce giant said on Wednes
Inox India secures Rs 438 crore from anchor investors ahead of IPO. Cryogenic tank maker Inox India Ltd on Wednesday collected Rs 438 crore from anchor investors, a day before its initial public offering (IPO). The company has allotted 66.33 lakh equity shares to 41 funds at Rs 660 apiece, which is also the upper end of th
CCI proposes fees to file applications, seeks stateholders' comments. The CCI has proposed introduction of fees for filing miscellaneous applications in a bid to expedite case disposal by discouraging unnecessary requests and fostering a more disciplined approach to proceedings. The fair trade regulator has invited stakehold
Nasdaq planning to repurpose technology from curtailed crypto foray. Nasdaq and other mainstream financial firms pulled back on their ambitions in digital assets as regulators seek to isolate the US financial system from cryptocurrencies
NCLT Mumbai approves sale of Reliance Communications real estate assets. Insolvency tribunal NCLT Mumbai has approved the sale of some of the real estate assets of telecom company Reliance Communications, a regulatory filing said on Wednesday. The filing attached an order of the National Company Law Tribunal's Mumbai bench in t
Agritech company Vegrow raises mn in funding round led by GIC. Start-up will use the money to expand in India and strengthen global network
Reliance Retail to scale up distribution of clothing under B2B venture. Reliance Retail has launched over 50 exclusive brands and plans to increase the number by 2-3 times, under its strategy to expand the fashion business beyond its own stores
HPL Electric and Power bags smart meter orders worth Rs 545 crore. In August, HPL Electric and Power won an order worth Rs 417 crore from West Bengal State Electricity Distribution Company
BPCL plans to buy Venezuela oil; deal not to harm Russian imports: Official. "Our refineries are capable of processing Venezuelan oil and we have given our international trade (department) okay to buy it," Khanna said in an industry event
Aye Finance raises Rs 310 cr in funding round led by UK development agency. Digital lender provides working capital and small loans to micro-enterprises
India to create AI computing capacity for start-ups, researchers: Minister. Capacity will be created by the public sector and separately in collaboration with private companies, says Rajeev Chandrasekhar
Mercedes-Benz India to hike prices of select models by up to 2% from Jan 1. German luxury carmaker Mercedes-Benz on Wednesday said it will hike prices of select models in India by up to 2 per cent from January 1 next year to partially offset rising input, commodity and logistics costs. The price hike will range from Rs 60,000 for
Tech Mahindra launches Populii, platform for gig workers and companies. Service will list jobs for gig workers and equip businesses with reliable data from trained and qualified candidates
Mahindra and Mahindra, others to invest Rs 875 crore in two-wheeler unit. The 'Scorpio' car manufacturer, will invest 5.25 billion and the remaining will come from existing shareholders and new investors, Mahindra said in an exchange filing
China challenge for Indian agrichemicals firm PI Industries. The positive from PI Industries' perspective is the diversification of its revenue base into pharmaceuticals
Construction-grade sand production plant to begin next month: NLC India. State-owned lignite producer NLC India on Wednesday said its proposed plant for manufacturing construction-grade sand using mine overburden is expected to begin operations by January-end. The plant is expected to produce civil construction-grade sand from
Lenovo provides tech support to revive indigenous millets in Kerala. To revive indigenous varieties of millets in the country, technology company Lenovo has been providing digital and technical support at Kanthalloor in Kerala to grow six varieties of the cereal. Under its Work for Humankind Initiative, Lenovo set up a digi
Granules India gets USFDA nod for generic pantoprazole sodium tablets. Granules India Ltd on Wednesday said it has received approval from the US health regulator for its generic pantoprazole sodium delayed-release tablets used in the short-term treatment of erosive esophagitis associated with gastroesophageal reflux disease.
Fashion-tech platform LehLah announces Athiya Shetty as brand ambassador. Fashion-tech platform LehLah on Wednesday announced Bollywood actor and fashion icon Athiya Shetty as new brand ambassador. In a statement, it said a first video campaign featuring Athiya has been launched. LehLah app's tailored technology empowers consume
M3M India targets Rs 5,000 cr revenue from 333-acre township in Haryana. Realty firm M3M India on Wednesday said it is targeting 5,000 crore in revenue from its 333-acre township in Panipat. In a statement, the company said it has received the license to develop the 'M3M City of Dreams' township at Panipat in Haryana. The compa
Govt not considering any proposal to take over Vodafone Idea: MoS. The government is not considering any proposal to take over Vodafone Idea (VIL), Parliament was informed on Wednesday. This was stated by Minister of State for Communications Devusinh Chauhan in a written reply in Lok Sabha. To a question on whether the go
German firm TÜV SÜD invests 15 mn euros in lab test facility in Bengaluru. TÜV SÜD has 2,500 employees in India out of its total global headcount of over 30,000 employees. In India alone, the company recorded revenues of Rs 500 crore this year
India's e-retail market estimated to reach over 0 bn by 2028: Report. The market has experienced strong growth post-pandemic, with an estimated value of - billion in 2023, according to the report
Online delivery in Gurugram next year, offline store in 2: IKEA India CEO. Pulverer said that IKEA is also working on increasing sourcing from India, which currently stands at 30%
Hindustan Coca-Cola Beverages plans to invest Rs 3,000 crore in Gujarat. Hindustan Coca-Cola Beverages (HCCB) Ltd -- the bottling arm of beverage major Coca Cola in India -- on Wednesday said it is planning to invest Rs 3,000 crore in Gujarat to set up a state-of-the-art facility to manufacture juice and aerated beverages in Ra
SpiceJet board okays Rs 2,250 crore fundraising from 64 investors. Airline slips back to loss in second qtr
Wipro inks three-year cloud migration deal with insurance company RSA. Wipro said it will help RSA build a "compliant, secure, and scalable IT infrastructure". The three-year engagement builds on Wipro and RSA's existing relationship, which began in 2016
State-owned Coal India's capex rises 7.6% to Rs 10,492 cr in Apr-Nov period. State-owned CIL on Tuesday said that its capital expenditure increased by 7.6 per cent to Rs 10,492 crore in the first eight months of the ongoing financial year. The public sector enterprise's captital expenditure was Rs 9,751 crore in the year-ago perio
Tata Motors reports highest-ever monthly retail sales in November. Tata Motors recorded its highest-ever monthly retail sales in November on the back of robust demand for its sports utility vehicles amid the festive period, according to a top company official. In an interaction with PTI, Tata Motors Passenger Vehicles Man
Air India unveils new uniform collection designed by Manish Malhotra. Private carrier Air India on Tuesday unveiled its new collection of uniforms, designed by Manish Malhotra, for its cabin and cockpit crew. The new uniforms will be introduced in a phased manner over the next few months, starting with the entry of service o
Poonawalla HF gets a new name, rebrands as Grihum Housing Finance. The global private equity firm -- TPG acquired a 99.02 per cent equity stake in the company, taking over from Poonawalla Fincorp earlier this year
BBC staff to launch Indian language services company in line with FDI norms. The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb
Spandana Sphoorty Financial eyes AUM to grow to Rs 28,000 cr by FY28-end. As for geographic diversification, Spandana plans to reduce the share of the top three states to 36 per cent by FY28 from the current 44 per cent. The share of any one state would be capped at 12 %
Adani Group to invest 0 billion in the next decade for energy transition. The company said Adani portfolio businesses have an active strategy to decarbonise, pledge to plant 100 million trees by 2030, and undertake innovative pilot projects
Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft. Basmati rice company GRM Overseas on Monday said it has sold more than 3 per cent stake in its subsidiary GRM Foodkraft to venture capital fund Sauce.vc for an undisclosed amount. Sauce has also acquired an additional 1 per cent stake from other shareholde
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