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NSE share market NEWS tomorrow (13 December, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 December 2023

Ireda 8 was amongst the top gainers, currently trading at 112.00 in NSE with 0.569 times change in volumes and 9.966% change in price. Other gainers included Rural Electrification with 8.966% price change and 3.424 times volumes, Nuvama Wealth with 8.734% price change and 1.264 times volumes, Power Finance with 8.237% price change and 4.894 times volumes, and Prestige Estates with 5.793% price change and 1.345 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.

Adani Energy was amongst the top losers, currently trading at 1030.90 in NSE with 0.887 times change in volumes and -5.348% change in price. Other losers included Bank India with -3.068% price change and 5.876 times volumes, Tube Invest with -2.729% price change and 0.81 times volumes, One 97 with -2.684% price change and 0.942 times volumes, and Adani Green with -2.473% price change and 1.408 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.

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

SpiceJet-Wilmington Trust SP Services in deadlock over rental agreement. Spicejet said that as per the repayment schedule of arrears they received, the total amount due from February to December alone was ,560,011

Rajeev Prakash appointed as govt nominee director of BEML's board. State-owned BEML on Tuesday said Rajeev Prakash has been appointed as the Government Nominee Director on its board. Prakash will replace Surendra Prasad Yadav, the company said in a filing. "The President of India has appointed Rajeev Prakash as Government

ITC to ramp up hotel room inventory by 50% in the next five years. The company, at its institutional investors and financial analysts day on Tuesday, said that it was targeting to reach 200 hotels

KPIT unveils India's 1st sodium-ion battery tech, looks at revenues in a yr. In a country-first, KPIT Technologies unveiled sodium-ion battery technology on Tuesday. The technology, developed in-house by researchers at the city-based company over the last eight years, will be put through external testing, and deliver revenues after

Boeing within range of airplane delivery goal after strong November. Deliveries for last month were the highest since June and included 45 737 MAXs and one P-8 maritime patrol aircraft, Boeing said, confirming a Reuters report from last week

Apple offers to let rivals access tap-and-go tech in antitrust case: Report. The European Commission is likely to seek feedback next month from rivals and customers before deciding whether to accept Apple's offer, the people said

Deal activity doubles in Nov to .5 bn as large transactions surge: Report. Deal activity more than doubled to USD 6.541 billion in November as compared to October on the back of a surge in high-value transactions, according to a report on Tuesday. In October, the total deal activity in India was pegged at USD 2.687 billion in val

Retail major Walmart sources bicycles from India, partners Hero Ecotech. Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero Ecotech. The first India-made bicycles are hitting select stores in the US market just in time for the holidays, Walmart said in a state

SBI Mutual Fund buys 1.5% stake Karur Vysya Bank for Rs 190 crore. SBI Mutual Fund on Tuesday acquired shares of scheduled commercial bank Karur Vysya Bank for Rs 190 crore through open market transactions. According to the bulk deal data available with the BSE and NSE, SBI Mutual Fund (MF) purchased a total of 1,20,00,00

RIL, Brookfield Infra, Digital Realty set up data centre joint venture. Reliance Industries, infrastructure firm Brookfield Infrastructure and Digital Realty have concluded a transaction to set up a three-way joint venture for data centre services, an official statement said on Tuesday. The three companies entered into an agre

The Infosys saga: A leadership factory or a company facing crisis. The company has seen nine senior level exits in 2023 alone

ITC's FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad Rs 8k cr brand. Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the last three years while its Aashirvaad brand has become an Rs 8,000 crore product in terms of consumer spends, according to a company presentation. ITC

Indian developer community cheers Epic Games win against Google in the US. In the latest case, the jury also observed that the company hurt competition by tying Google Play store with its payment services

Adani Group contractor probed by govt resurfaces under a new name. The contracting firm - Howe Engineering Projects (India) Pvt Ltd. - contains the core operations of a business called PMC Projects Pvt Ltd. that India's government alleged in 2014 was being used

BBC World Service India to restructure shareholding for FDI norm compliance. In response to the Centre's FDI guidelines, BBC World Service India, 99.99 per cent owned by BBC, may initiate a shareholding restructuring, potentially involving stake offerings to key executives

Corning to set up Rs 1,000 crore Gorilla Glass facility in Tamil Nadu. Corning has picked Tamil Nadu over Telangana due to its proximity to other Apple suppliers like Foxconn and Pegatron

Hindalco to invest Rs 800 cr for 25,000-tonne battery foil plant in Odisha. Hindalco Industries said that it has already achieved the technology breakthrough of manufacturing battery foils at its Mouda unit in Maharashtra

Cognizant shifts to asset-light model; to sell assets in Hyderabad, Chennai. The company has already vacated 1.15 million square feet of office space in Chennai, including 500,000 square feet in the DLF Cybercity SEZ and 650,000 square feet in the Ramanujan IT SEZ

Zomato looks to venture into catering business to expand market share. Zomato had launched a multi-cart option in June which helps users to order from several restaurants at the same time

OYO elevates Rakesh Kumar as Chief Financial Officer with effect from Jan 1. Hospitality technology platform OYO on Tuesday announced the elevation of Rakesh Kumar to Chief Financial Officer (CFO) with effect from January 1, 2024. Abhishek Gupta, the current CFO, will continue with OYO in an advisory and mentorship capacity, OYO sa

Disney, Reliance Industries close in on deal to merge India media ops. Plans for a step-down subsidiary of RIL's Viacom18 are being floated to absorb Star India through a stock swap

Hindalco plans Rs 800 cr investment to set up battery foil mfg unit. Aluminium producer Hindalco Industries on Tuesday announced its plan to set up a battery foil manufacturing facility at Sambalpur in Odisha with an investment of Rs 800 crore to tap the fast-expanding electric vehicle market. The facility, to be commission

USFDA issues Form 483 with 5 observations to Torrent Pharma's Guj unit. Torrent Pharmaceuticals Ltd on Tuesday said the US health regulator has issued Form 483 with five procedural observations after inspecting its oral manufacturing facility situated at Bileshwarpura in Gujarat. As per the US Food and Drug Administration (USF

Omidyar Network decides to exit Indian market after a decade of operations. 'Omidyar Network India will stop making new investments and will completely transition out of the market by the end of 2024,' said the company in a blog post

Sun Pharma revises upwards price to fully acquire Taro to per share. Sun Pharmaceutical Industries on Tuesday said it has revised upwards the price at which it proposed to fully acquire Israel-based Taro Pharmaceutical Industries to USD 43 per share in cash. In May this year, the company announced a non-binding indication o

Tata Communications to deploy 'digital fabric' technology at all JLR sites. Tata Communications has already commenced implementation of the network transformation program and will complete the deployment by 2025

Employers in India bullish globally on hiring in 2024 March qtr: Survey. Corporate India's hiring sentiment for the next three months is one of the highest across the world, with 37 per cent of employers planning to increase their staff strength amid buoyant domestic demand conditions, says a survey. According to the latest Man

CBI opposes statutory bail granted to DHFL's Wadhawans in loan scam case. The CBI on Tuesday assailed in the Supreme Court the statutory bail granted by courts below to former Dewan Housing Finance Corporation Limited (DHFL) promoters Kapil Wadhawan and his brother Dheeraj in connection with a multi-crore rupees bank loan scam c

Apple supplier in India working on setting up worker dormitories: Report. Foxconn's AirPods facility at Kongara Kalan near Hyderabad's airport is expected to include a dormitory for its workers

Adani Ports to raise 0 million through non-convertible debentures. The company, which operates 13 ports and terminals in the country including its largest container handling port

Crisis-hit SpiceJet to raise Rs 2,250 crore through equity shares. Crisis-hit SpiceJet on Tuesday said it will raise fresh capital of Rs 2,250 crore through issuance of equity shares. The airline's board has approved the issuance of equity shares/equity warrants under a private placement basis. The proposed fund infusion

Volkswagen Passenger Cars India to hike prices by up to 2% from Jan. Volkswagen Passenger Cars India on Tuesday said it plans to hike prices by up to 2 per cent across model range to offset adverse impact of rising input and material costs from January 1, 2024. Already other manufacturers such as Maruti Suzuki, Hyundai Moto

Air India ordered to pay Rs 2 lakh to passengers for multiple flight delays. The NCDRC said in its order that in the event of flight cancellations or major delays, passengers are entitled to necessary services

Swiggy disbursed Rs 102 cr in loans to delivery partners in last 12 months. Swiggy receives over 1.5 lakh loan applications monthly. It has partnered with Betterplace and Refyne to enable loans. There is no limit to the number of loans delivery partners can apply

Godrej eyes Rs 3,000 cr revenue from new luxury housing project in Gurugram. Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore as it seeks to encash a rise in demand for premium residential properties. The company will develop nearly 750

IPO-bound Oyo elevates Rakesh Kumar as new chief financial officer. Kumar will replace Abhishek Gupta, who will continue with Oyo in "an advisory and mentorship capacity

SC defers hearing on CBI plea against bail to Chanda Kochhar in fraud case. The Supreme Court on Tuesday deferred until January 3, 2024 the hearing on CBI's plea challenging the Bombay High Court order granting bail to former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in a loan fraud case. A bench comprisi

CoinSwitch unveils umbrella brand PeepalCo; aims for wealth-tech expansion. The company said the leaders of each business segment will have independent operational and financial accountability

Wipro, RSA ink new multi-year contract to accelerate cloud migration. The contract will accompany RSA on its journey over the next couple of years to modernise its infrastructure and the use of Cloud technology

Ashneer Grover approaches NCLT seeking reinstatement as BharatPe MD. Ashneer Grover also sought the revocation of the termination of his wife Madhuri Jain Grover and directions to revert any new shares issued by the firm since his resignation

Hindalco to invest Rs 800 cr in setting up a battery foil plant in Odisha. Hindalco expects the demand for battery-grade aluminium foil in India to reach 40,000 tonnes by 2030

Majority of Inian workers likely to stay given good organisational culture. India has emerged as the leading country in terms of workplace culture, as a significant percentage of Indian workers consider a positive organisational culture as a primary factor for their commitment, according to a report. As per the recent research con

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NSE share market NEWS tomorrow (13 December, 2023). NSE stocks in NEWS (tomorrow)

 

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