NSE share market NEWS tomorrow (06 December, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 December 2023
Adani Green was amongst the top gainers, currently trading at 1563.45 in NSE with 1.161 times change in volumes and 15.94% change in price. Other gainers included Adani Energy with 7.368% price change and 1.217 times volumes, Angel One with 6.942% price change and 3.83 times volumes, 360 One with 6.8% price change and 1.347 times volumes, and Hindustan Aeronautics with 6.332% price change and 3.302 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.
Computer Age was amongst the top losers, currently trading at 2755.65 in NSE with 0.987 times change in volumes and -4.126% change in price. Other losers included Cg Power with -4.12% price change and 0.748 times volumes, Max Healthcare with -3.916% price change and 0.779 times volumes, One 97 with -3.139% price change and 2.07 times volumes, and Kalyan Jewellers with -2.758% price change and 0.981 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.
Paytm expands loan distribution business, targets personal, merchant loans. Paytm said that it would continue to collaborate and add banks and NBFCs as lending partners for its loan distribution business
Adani, Wilmar may sell part of their stake in AWL to private equity firms. AWL stake sale to be one of the largest in recent times
Trafigura checked traders didn't collude in Gupta fraud case: Report. Trafigura filed a lawsuit against Gupta in February, alleging seven companies that it said were controlled by him carried out a systematic fraud involving nickel cargoes
1 mn new customers likely to shop from 2,300,000 styles at Myntra EORS sale. Several brands are expected to witness high traction. Some of them include Jack & Jones, Lakme, Rare Rabbit, Boat, Wildcraft, OnePlus, Mango, Forever 21, and Roadster, among others
Volkswagen shareholders demand more scrutiny after China plant audit. Volkswagen said on Tuesday that the much-anticipated audit of its China car plant had found no evidence of forced labour
COP28: Renewables a way to phase out fossil fuels, says TotalEnergies. Governments at previous climate talks agreed to phase down the use of unabated coal, but the talks, hosted by oil power United Arab Emirates, have so far been split on the future role of fossil fuels
Sun Pharma subsidiary announces licensing pact with Aclaris Therapeutics. Aclaris Therapeutics is a clinical-stage biopharmaceutical company focused on developing novel drugs for immuno-inflammatory diseases
Apple Inc requests more time to comply with EU norm in older iPhones. Claims that putting in a universal charging port in older models will adversely impact its PLI targets
Luxury carmaker Lamborghini's Revuelto sold out in India, globally for 2026. The strong demand for Revuelto is being driven by a growing number of new customers, including a 20 per cent increase in first-time buyers in India
Centre to sell up to 8% stake in state-run IRCON International this week. The government owns 73.18% in the engineering and construction company, and the 8% stake sale will help the government to raise about 11.59 billion rupees (9.11 million)
Versuni witnesses great festival season with premium products driving sales. Taurani added that the festival season also reversed the post-Covid slowdown that the small appliances market was witnessing
Govt to sell 8% stake in IRCON International through offer-for-sale. The plan is to offload 37.6 million equity shares, of face value of Rs 2 each-representing 4 per cent of the company for non-retail investors on Thursday
Maruti Suzuki's electric SUV to be manufactured in Gujarat's Hansalpur. Leading car manufacturer Maruti Suzuki on Wednesday announced that its upcoming electric SUV will be manufactured in Gujarat, and a new plant will be added to the company's existing manufacturing facility in Hansalpur, nearly 90 km from here. Suzuki Motor
MPL's revenue surges 63% to 4.6 mn in FY23; losses narrowed by over 70%. The gaming unicorn has derived 38% of this revenue from its operations in international markets up from 11 per cent in FY22
Paytm to trim small-ticket postpaid loans after RBI tightens norms. It disbursed personal loans amounting to Rs 3,927 crore and merchant loans worth Rs 3,275 crore in Q2FY24
Adani Group's billion rally makes a winner of GQG's Rajiv Jain. Jain acquired Adani shares weeks after a brutal shortseller report had battered the ports-to-power conglomerate and wiped out more 0 billion in market value
Zepto claims 2nd spot in monthly active customers, surpasses JioMart. In contrast, Tata-owned BigBasket lost ground, seeing a 3 per cent decline in M-o-M MAU in November, and DMart Ready decreased by 2 per cent
Network18 group announces consolidation of TV, digital news businesses. Network18 Media & Investments Ltd and TV18 Broadcast Ltd on Wednesday announced a consolidation of their TV and digital news businesses. The two companies announced a scheme of arrangement under which TV18 Broadcast (TV18) and e-Eighteen.com Ltd (E18), whi
Hindustan Aeronautics spending over Rs 2,000 crore this year on R&D. India's aerospace major Hindustan Aeronautics Ltd (HAL) is spending over Rs 2,000 crore this year on research and development in line with its overall approach towards indigenisation of critical avionics and related hardware, a senior official of the state
Razorpay's POS business clocks 60% growth after Ezetap acquisition. Ezetap was Razorpay's sixth acquisition
DRL partners with Coya Therapeutics to develop nerve disorder therapy. Amyotrophic Lateral Sclerosis (ALS) is a fatal neurological disorder characterised by progressive degeneration of nerve cells in the spinal cord and brain
Dr Reddy's, Coya Therapeutics ink licensing agreement for ALS cure drug. Dr Reddy's Laboratories on Wednesday said its unit has inked a licensing agreement with Coya Therapeutics Inc to develop a combination therapy for the treatment of amyotrophic lateral sclerosis (ALS). Dr Reddy's Laboratories SA and Coya have entered into a
Trafigura sets aside 7 mn provision for Brazil, US DOJ fine to end probe. Trafigura is alleged to have made profits from these contracts amounting so far to 3.7 million
Strong order book to help Lamborghini see steady growth in India: Official. Super luxury car maker Automobili Lamborghini on Wednesday said a strong order book and product portfolio in India will help it register consistent growth in the domestic market. Automobili Lamborghini, which launched its first plug-in hybrid super sports
Amazon targets Shein with sharp fee cuts for cheap apparel sellers. It's rare for Amazon to reduce the so-called referral fees it charges merchants on its online store, and no other changes of that nature were announced
Citigroup reorganisation to be completed in first quarter, to cost bn. The bank maintained its estimate for 2023 expenses at billion, excluding a special assessment from the Federal Deposit Insurance Corp. of about .65 billion
Adani Ports board to meet on December 12, to consider raising funds. Adani Ports and Special Economic Zone on Wednesday said its board will meet on December 12 to consider a proposal to raise funds through the issue of non-convertible debentures or issue or renew preference shares on a private placement or preferential basi
Vedanta's Hindustan Zinc to give interim dividend worth Rs 2,535 crore. Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share
Credgenics launches debt recovery platform for asset reconstruction firms. Service will help debt recovery by providing information about each stage of delinquent cases
Gautam Adani's next milestone is plan for .25 billion of green arm debt. We are coming close to timelines where we would like to see a concrete and definitive plan" Abhishek Dangra, a Singapore-based infrastructure analyst at S&P Global said
Adani Green Energy ranked second-largest global solar PV developer: Mercom. AGEL with its total solar capacity of 18.1 GW ranked second after France-based TotalEnergies, which holds a total capacity of 41.3 GW
Lupin Ltd receives USFDA approval for smoking cessation drug Chantix. The product will be manufactured at Lupin's Pithampur facility in India, the company said in a regulatory filing
Real estate firm Oberoi Realty buys 6.4-acre land in Thane for Rs 196 cr. Oberoi Realty has completed the purchase of a 6.4-acre land at Thane in Maharashtra for Rs 196 crore for the development of a real estate project. In a regulatory filing on Tuesday, Mumbai-based Oberoi Realty informed that the registry of the land has been
Hyundai Creta facelift global debut in Jan, gets new 1.5 L turbo petrol. The new engine will come with the option of a seven-speed DCT or a manual gearbox and returns 160hp
Suzuki Motor Gujarat unit crosses 3 mn cumulative production milestone. Maruti Suzuki India (MSI) on Wednesday said its Gujarat-based unit has crossed 30 lakh cumulative production milestone. Suzuki Motor Gujarat (SMG) has surpassed the milestone within a span of around 6 years and 11 months since commencing operations in Febr
Hero MotoCorp, Ather Energy partner on interoperable EV charging stations. The network of charging stations will be available to be located through the applications 'My VIDA' and the Ather App
Air India changes aircraft order with Airbus, cites 'business requirements'. Indian carrier had placed order for 250 planes with European manufacturer
Apollo Hospitals' operator rejects allegations of illegal kidney transplant. UK's Telegraph newspaper reported on Saturday that Apollo was embroiled in a "cash for kidneys" racket in which impoverished people from Myanmar were being enticed to sell their organs for profit
Group to invest bn to scale up AGEL's RE portfolio to 45 GW: Adani. Adani Group has plans to invest USD 75 billion on energy transition initiatives by 2030, its chairman Gautam Adani said on Wednesday. The investments will boost the group's vision to have 45 gigawatt of renewable energy capacity by 2030, Adani said in a st
Aditya Birla Fashion forms JV to bring Christian Louboutin to India. "This joint venture envisages the transfer of the current Indian business into a newly incorporated subsidiary of ABFRL where the partners will hold equal stake," ABFRL said in a release
Swiggy appoints Anand Kripalu as independent director, chairperson of board. Kripalu holds a Bachelor of Technology in Electronics from IIT, Madras, and an MBA from IIM, Calcutta. He completed his Advanced Management Program at Wharton Business School
EKI Energy partners with Indian Oil to promote sustainable solar cooking. Global carbon credit developer and supplier EKI Energy Services and state-owned refiner Indian Oil Corporation have collaborated to promote sustainable indoor solar cooking system. EKI Energy Services and Indian Oil Corporation (IndianOil) have formalised
Axiscades Technologies acquires Hyderabad-based Epcogen for Rs 26 crore. Axiscades Technologies (Axiscades) on Wednesday said it has acquired 100 per cent stake in Hyderabad-based Epcogen. Epcogen specialises in engineering design and providing solutions for the energy sector, Axiscades said in a statement. Axiscades has acquir
Govt recognises 114,902 entities as startups as on Oct 31: Goyal tells LS. The government has recognised 1,14,902 entities as startups as on October 31, Parliament was informed on Wednesday. These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that
Sun Pharmaceutical inks licensing agreement with Aclaris Therapeutics. Sun Pharmaceutical Industries Ltd on Wednesday said its arm has entered into a licensing agreement with Aclaris Therapeutics, Inc that includes upfront payment of USD 15 million (about Rs 125 crore), regulatory and commercial milestones, and royalties. The
Ola Electric slashes sales goals by over half ahead of planned IPO: Report. The scaling back of Ola's targets comes ahead of its 0 million stock market debut plan, even though the SoftBank-backed company, continues to lead the small yet fast growing e-scooter market
NYSE-listed Waters Corp invests million in new GCC in Bengaluru. Waters Corporation has about 450 employees in India and plans to hire another 300 for its new GCC in Bengaluru
Himadri Chemical to invest Rs 4,800 cr in li-ion battery component facility. The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, catering to 100 GWh (gigawatt hour) of lithium-ion (Li-ion) battery
Scania India announces partnership with Hyderabad-based PPS Motors. Scania Commercial Vehicles on Wednesday announced its exclusive partnership with Hyderabad-based PPS Motors, designating them as the sole representative for Scania's mining tippers in India. This collaboration ensures pan India coverage for sales and servi
CDS General Anil Chauhan to open HAL's avionics exposition in Delhi. State-owned aerospace and defence equipment maker to showcase capabilities in avionics
ONGC to cut gas flaring, use green power at oil wells: Chairman Arun Singh. State-controlled Oil and Natural Gas Corporation (ONGC) plans to wheel green electricity to its installations in the Arabian Sea to replace natural gas it uses in operation of oil wells as part of its ambitious decarbonisation programme, its Chairman Arun
Shree Cement plans to bid for lithium mining rights in Jammu-Kashmir. Shree Cement, India's second biggest cement company by market capitalisation, will also bid for blocks in the eastern state of Chhattisgarh, said a source
Fintech startup ZestMoney to shut down, to lay off remaining 130 employees. The management told the employees that they had to take such a tough decision as the business has not been able to grow, according to the sources.
The Sleep Company secures Rs 184 cr in Series C funding from Premji Invest. The sleep and sitting solutions firm has plans to open a total of 100 stores in the next six months, reinforcing its Pan-India presence across Tier I and Tier II markets
Defence manufacturer CoreEL Tech secures mn funding from 360 ONE Asset. The Bengaluru-based firm's products have been deployed in India's next-generation radars, missiles, electronic warfare and avionics
Himadri Speciality to invest Rs 4,800 cr to make Li-ion battery components. Himadri Speciality Chemical also announced that it has completed the acquisition of a 100 per cent stake in Himadri Clean Energy Ltd
ICICI Prudential Life Insurance set to incorporate Bima Sugam entity. The Bima Trinity comprises Bima Vistaar, Bima Vahak, and Bima Sugam
Lord's Mark Industries set to go public in 2024, aims to raise Rs 500 cr. IDBI Capital and Mirae Asset have been appointed as the merchant bankers for the listing
Tata Motors launches Intra V70, Intra V20 Gold, and Ace HT+ trucks in India. Tata Motors, said that these vehicles have been developed based on specific inputs and demand from a large segment of actual users
Byju Raveendran said to have infused Rs 4,000 cr of own money in firm. 'Rise and fight alongside me': Founder of beleaguered edtech company tells meeting of senior executives, says source
FedEx Express sets up tech hub in Hyderabad, invests 0 mn in facility. FedEx Express, an arm of New York Stock Exchange-listed, global express transportation firm FedEx Corp, on Tuesday inaugurated its first tech hub in India at Hyderabad, set up at an investment of USD 100 million. Envisioned as a hub for technological and d
SBI to acquire another 20% stake in SBI Pension Funds for Rs 229.52 crore. At present, SBI has a 60 per cent stake in the pension fund
Is grounded airline Go First even capable of doing test flight, asks lessor. The lessor also said that even physical inspection of the aircraft was not granted by the RP, besides the aircraft not being maintained and records not being provided to them
Adani Green Energy raises .36 billion in latest project finance round. AGEL is setting up a 2,167 megawatt renewable energy park at Khavda, Gujarat, touted to be the world's largest
SenseAI Ventures rolls out Rs 200 crore fund to back AI startups. SenseAI Fund I is poised to invest in 18-20 AI-first startups, focusing on seed and Pre-A stage companies
Patanjali Foods aims to see Rs 1,000 crore sales from masala business. During the investor day, Ramdev also said that he cannot comment on the merger, demerger or acquisitions the company plans to make in Patanjali Foods
HC gives interim relief to BMW over GST notice on salaries paid to expats. However, salaries directly paid by Indian companies to expat employees without reimbursement won't attract GST, as expats are then perceived as employees of the Indian company alone
US-based data analytics firm FICO launches its cloud platform in India. "We can deliver vehicle loans faster and more accurately," said Uttam Tibrewal, executive director, AU Small Finance Bank
Foxconn resumes iPhone assembly in Chennai plant after weather disruptions. Foxconn and Pegatron had on Monday halted production of iPhones at their factories near Chennai because of heavy rain as a severe cyclone neared
Johnson & Johnson sees 2024 sales growth slowing as top drug faces rivals. The pharma and medical devices giant will soon lose its exclusivity with psoriasis treatment Stelara, which accounted for a fifth of its drug sales in the third quarter
Dalmia Cement (Bharat) appoints Puneet Yadu Dalmia as MD & CEO. Dalmia Cement (Bharat) Ltd on Tuesday said its board has appointment Puneet Yadu Dalmia as Managing Director & CEO of the company for five years with effect from December 8. While incumbent Mahendra Singhi will shift to the role of Strategic Advisor to Man
P&G to record up to .5 bn in Gillette writedown, operations rejig. The consumer goods giant said it would take a .3 billion non-cash impairment charge before tax in the current quarter ending Dec 31 on its Gillette business
Bike-taxi service provider Rapido drives cabs into Uber, Ola lane. Bike-taxi service provider launches new segment with subscription model for driver partners
CBI files FIR, searches 13 locations in Uco Bank fund transfer case. The CBI has registered an FIR in connection with Rs 820 crore worth of suspicious IMPS transactions in UCO Bank in November this year and searched 13 locations in multiple cities, officials said on Tuesday. The search operation, which continued till late n
US govt examined Hindenburg allegations before giving 3 mn loan to Adani. Allegations in a scathing report by US-based Hindenburg Research, which erased around 0 billion from the Adani Group's market value earlier this year
BSNL planning to allocate more employees towards enterprise business. The decision to increase human resources in the enterprise business comes at a time when BSNL has registered a dip in revenue in the segment in the last two quarters
Foxconn cancels first shift at Indian iPhone facility after extreme weather. Foxconn's operations in the facility near the south Indian city of Chennai were likely to resume after the first shift, the sources said
Adani Green Ltd seals its biggest ever project financing of .36 billion. The green loan facility will help enable the development of AGEL, the world's largest renewable energy park, at Khavda in Gujarat
Air India moves its IT infrastructure to Cloud, shuts down two data centres. Tata Group-owned airline said that the move is expected to help Air India save million annually
LIC fourth largest insurer in the world based on reserves: S&P Global study. The state-owned insurer is ranked after Allianz SE, China Life Insurance Company and Nippon Life Insurance Company
Adani Group completes acquisition of Sanghi Industries, revises offer price. Billionaire Gautam Adani-owned Ambuja Cements Ltd on Tuesday announced the completion of the acquisition of Sanghi Industries Limited (SIL), at a revised offer price of Rs 121.90 per share. Earlier in August this year, Ambuja Cements Ltd (ACL) had offered
Wipro Consumer acquires 3 soap brands from VVF for an undisclosed amount. Wipro Consumer Care and Lighting on Tuesday announced the acquisition of three soap brands, Jo, Doy, and Bacter Shield, from VVF (India) Ltd for an undisclosed amount, a move that will help the company expand in the personal wash segment. This is the third
US regulators inspect Dr Reddy's, other Indian pharma majors: Report. Rivals Sun Pharma's Dadra facility and Torrent Pharmaceuticals Ltd's oncology unit are also undergoing FDA inspections
Wipro Consumer acquires 3 brands from VVF to expand personal care segment. The acquisition will be a strategic expansion for Wipro in the personal wash segment
Dairy fintech DGV raises mn in funding round led by Omidyar Network. Startup will use money to improve technology and expand business in states
Europe doubling down on generative AI investment: Infosys research. GenAI is driving phenomenal transformation across industries, and investment is happening at a rapid pace, says Balakrishna
Arka Fincap aims to raise Rs 300 crore via non-convertible debentures. Due to surging unsecured loans like personal loans and those on credit cards, the RBI increased the risk weighting for such loans from 100 per cent to 125 per cent
Gupta asks court to lift freezing order in Trafigura nickel fraud case. Trafigura filed a lawsuit against Gupta in February, alleging seven trading companies that Trafigura said are controlled by him carried out "systematic fraud" over nickel cargoes
Ambuja Cements completes acquisition of Sanghi Industries at Rs 5,185 crore. As part of the deal's completion, Ambuja Cements also executed a trade (in on and off-market trade) to acquire 54.51 per cent of the voting share capital from the promoters of Sanghi Industries
Two new multi-billion-dollar petrochemical plants to weigh on markets. While producers remain bullish longer term, largely off the back of economic growth in India and China, the splurge in new capacity is weighing on markets near term
Staff at Trafigura tried to hide nickel 'red flags', messages show. On one occasion, a Trafigura employee instructed one of Gupta's executives to "please maintain a minimum of credibility" regarding the journey times for cargoes of nickel
Advent International may sell majority stake in Bharat Serums & Vaccines. Global PE major in initial talks with Indian as well as foreign investors
Made payment to Credit Suisse in line with court order, SpiceJet tells SC. In September, the SC permitted SpiceJet to pay the Swiss firm million per month for six months to settle its million arrears
Paytm to bring 10 mn sellers to ONDC by 2025 end, says Vijay Shekhar Sharma. "Consumer value (on ONDC) will be dramatically different and superior to current e-commerce platforms," he said
Foxconn halts iPhone production at Chennai facility due to heavy rains. Foxconn is yet to decide whether to resume production on Tuesday
Byju's pays November salaries to 1,000 employees after 4-day delay. Cash-strapped edtech company says technical glitch led to 'limited employees' missing payments on Dec 1
COP28: Adani Green Energy to invest billion toward India's 2030 goal. Electricity demand is growing 7% annually, dwarfing expansion in other economies. This led the govt to mandate the addition of both renewable and thermal capacity to prevent blackouts, the CEO said
JCB India foresees double digit growth in 2024 sales: CEO & MD Shetty. The company achieved domestic sales of approximately 35,000 machines in 2022 and anticipates reaching around 45,000 units for 2023, reflecting a robust 30 per cent annual growth
Centre says over 106,000 companies voluntarily exited in last five years. More than 1 lakh firms voluntarily exited under the companies law in nearly five years, the government said on Monday. Besides, many companies have sought voluntary liquidation under the Insolvency and Bankruptcy Code (IBC). "From FY 2018-19 to FY 2023-24
Adani group adds Rs 73,000 crore in mcap as investors lap up shares. Power-to-port conglomerate's mcap nears Rs 12 trillion
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