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NSE share market NEWS tomorrow (16 November, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 November, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 November 2023

Coforge was amongst the top gainers, currently trading at 5701.10 in NSE with 2.365 times change in volumes and 6.697% change in price. Other gainers included Manappuram Finance with 6.645% price change and 1.232 times volumes, Kpit Technologies with 6.234% price change and 1.729 times volumes, Abb Power with 4.645% price change and 3.469 times volumes, and Prestige Estates with 4.532% price change and 1.203 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.

Kalyan Jewellers was amongst the top losers, currently trading at 313.50 in NSE with 1.605 times change in volumes and -4.942% change in price. Other losers included 360 One with -3.044% price change and 2.467 times volumes, Inox Wind with -2.891% price change and 0.922 times volumes, Angel One with -2.077% price change and 0.447 times volumes, and Union Bank with -2.043% price change and 0.432 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.

Dr Reddy's launches wearable device for drug-free management of migraine. In January this year, Dr Reddy's entered an exclusive agreement with Theranica for the marketing and distribution of Nerivio in India

Passenger traffic rises 11% in October; IndiGo share sees marginal dip. IndiGo and Tata Group-airlines account for around 89 per cent of the total domestic aviation market in the country

TVS Motor Company joins hands with Emil Frey for key European markets. This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey's extensive distribution network and deep market insights in Europe

AstraZeneca Pharma India plans to sell its production plant in Bengaluru. AstraZeneca Pharma India plans to sell its production facility in Bengaluru as part of a strategic review of global manufacturing and supply network by its parent, according to a regulatory filing. The company remains committed to advance access to innovat

Satellite TV broadcaster Dish TV India shares up 7.5% on settlement reports. Dish TV India, a direct-to-home broadcaster, is facing intense competition from OTTs and cable TV

GlaxoSmithKline board okays VRS scheme as part of biz review. GlaxoSmithKline Pharmaceuticals on Thursday said its board has approved a Voluntary Retirement Scheme (VRS) for a certain segment of employees under a strategic review of the business. In a regulatory filing, the drug firm said its board has approved a com

JSW bags award to develop greenfield port in Karnataka for Rs 4,119 crore. JSW Infrastructure on Thursday said it has received a letter of award to develop an all-weather, deep-water, greenfield port at Keni Port in Karnataka on a public private partnership basis for Rs 4,119 crore. JSW Infrastructure in a statement said the prop

SJVN inks pact with Solar Energy Corporation to supply 200 mw wind power. State-owned power producer SJVN Ltd on Thursday said it has signed a pact with Solar Energy Corporation of India to supply 200 MW of wind power. The power producer has signed a power purchase agreement (PPA) for a 200 MW grid-connected wind power project w

CCI approves acquisition of additional stake in Niva Bupa Health Insurance. Fair trade regulator CCI on Thursday approved the acquisition of an additional stake in Niva Bupa Health Insurance Company by Bupa Singapore Holdings Pte. Bupa Singapore Holdings is a shareholder of Niva Bupa and a subsidiary of international healthcare gr

Tata Technologies sets IPO price band at Rs 475-500 per equity share. The anchor book will open on November 21, the issue will open for public subscription on November 22, and the case will close on November 24

ASCI proposes various guidelines to avoid 'greenwashing' by companies. Advertising industry's self-regulatory body ASCI on Thursday proposed various guidelines to avoid 'greenwashing' by companies. The Advertising Standards Council of India (ASCI) has come out with a 9-point draft in this regard. In a statement, ASCI said the

IL&FS Transportation sells entire equity in Jorabat-Shillong Expressway. IL&FS Transportation Networks on Thursday said it has sold the entire equity stake it held in Jorabat Shillong Expressway Ltd (JSEL) to Sekura Roads for Rs 1,343 crore. JSEL was a wholly-owned subsidiary of IL&FS Transportation Networks. "Further, all the

Alibaba scraps cloud business spin-off citing US chip export ban: Report. Reports Q2 revenue in line with analysts' estimates

Flipkart 'TBBD' sales lift Walmart's gross margins in Aug-Oct period. US retail giant Walmart's consolidated gross margins improved in the August-October period, helped by 'The Big Billion Days' sales by its Indian e-commerce arm Flipkart. The festive season, which fell in the third and fourth quarters, boosted Walmart Inter

JSW Infrastructure bags Rs 4,119 crore award for port in Karnataka. JSW Group's ports biz emerged as sole bidder for Keni Port

Reliance JioCinema signs up Pokemon in kids entertainment push: Report. The deal, signed this month, will make JioCinema's streaming app the "exclusive" India platform partner for more than 1,000 episodes and around 20 movies of the Japanese anime series

Tata 1mg overtakes PharmEasy as leaders in India's e-pharmacy market. Tata 1mg now holds 31% of the market share, up from 19% in October 2022. PharmEasy's market share decreased to 15% from 33% in the same period

NITES files complaint against TCS over forced transfer of employees. The Nascent Information Technology Employees Senate (NITES) filed a complaint against Tata Consultancy Services over involuntary transfers of over 2,000 employees

PTC India to be debt free post divestment of PTC Energy to ONGC, says CMD. Power trading solution provider PTC India would soon achieve a debt-free status following the divestment of its arm, PTC Energy, to ONGC for an enterprise value of Rs 2,021 crore, according to a top official. PTC India in October announced that the upstrea

Puravankara bags two housing societies' redevelopment projects in Mumbai. Realty firm Puravankara Ltd has bagged two housing societies' redevelopment projects in Mumbai with a revenue potential of Rs 1,500 crore. In a statement, Bengaluru-based Puravankara Ltd said it has "secured the residential redevelopment rights for the two

Legal proceedings against Sahara group to continue: Sebi chairperson. Case is against group or entities and not against one individual, says market regulator after death of Subrata Roy

Shriram Group's decision to foray into retail ARC is good biz: Top official. With the market getting crowded with wholesale asset reconstruction companies or ARCs, financial services conglomerate Shriram Group's decision to focus on retail ARC is seen as a foray at the "right time," said a top official. The Shriram group recently a

Vedanta's arm Malco Energy sets up new unit in Saudi for copper business. Vedanta's arm Malco Energy Ltd has set up a new unit in Saudi Arabia for copper business at an investment of 1,00,000 Saudi riyals (Rs 22.19 lakh). "Malco Energy Ltd, a wholly-owned subsidiary of the Company, has incorporated a new wholly-owned Subsidiary

Visakhapatnam Port handles record 50 MMT cargo in 228 days in FY2023-24. Visakhapatnam Port has handled a record volume of 50 million Metric Tonnes of cargo in just 228 days in the financial year 2023-24, surpassing its previous record of 50 MMT in 251 days in FY 2022-23. The figures of the milestone achievement were put out in

Wakefit.co reports 35% increase in revenue during 2023 festive season sale. While mattresses and accessories continue to be the highest contributors to the revenue, furniture now commands 30 per cent of the business

Gensol to develop NHPC's green hydrogen mobility station project in Laddakh. Gensol Engineering Ltd on Thursday said it has emerged as the lowest bidder for NHPC's Kargil Green Hydrogen Mobility Station EPC Project in Laddakh. Gensol has secured this project by demonstrating techno-commercial competency in collaboration with Matrix

Hero MotoCorp breaks festive sales record with over 1.4 mn units sold. Riding high on the success of the festive season, Hero MotoCorp has reduced its post-festive channel inventory to its lowest level in over three years

Hero MotoCorp posts its best festive season with sale of 1.4 mn 2-wheelers. Riding on robust demand across rural markets as well as steady retail off-take in key urban centres, the company registered a 19 per cent growth over the festive season last year

WeWork India adds 2 buildings with over 4K desks in Bengaluru, Hyderabad. Earlier this month, WeWork Inc., the parent company, filed for bankruptcy under Chapter 11 of the US Code in New Jersey

Gig worker earnings surge 48% during 2023 festival season: PickMyWork. PickMyWork claims to offer its gig workers three times higher earnings per hour compared to "traditional delivery gigs."

Salesforce, Education Ministry partner to skill 100,000 Indian students. The programme will be made available with industry-relevant, National Occupation Standard-recognised course content, according to a press release from Salesforce

Reliance Jio gains 3.24 million new users in August, shows Trai data. Jio has consistently posted robust growth in user numbers, having added 2.2 million users in June

'I'll be last man standing': Ashneer Grover on charges of fake invoices. BharatPe had alleged that Grover and his family paid for their South Delhi house, vacations, skincare and appliances with the company's money

Amazon Prime Video launches its first dedicated sports channel - FanCode. Joining OTT rivals, Amazon releases its own sports streaming channel through Dream Sport partnership

RBI approves Isha Ambani, others as directors of Jio Financial Services. In July 2023, the company had informed the exchanges about the appointment of the three directors, which was subject to approval from the central bank

Indian pharma firm recalls 27 types of eyedrops in US made for CVS, Walmart. The Food and Drug Administration warned consumers last month not to purchase or use store-brand eyedrops from Walmart Inc., CVS Health Corp., Target Corp. and other companies

Paytm partners with travel tech firm Amadeus for search, flight deals. Fintech firm's users will get access to information on low-cost carriers, hotels

Cipla concludes 51.18% stake sale in Ugandan subsidiary for million. The sale was executed by Cipla (EU) Limited, UK, and Meditab Holdings Limited, Mauritius, both wholly-owned subsidiaries of Cipla Limited

Changing business models of auto OEMs creating new opportunities: KPIT CFO. KPIT has recently revised its constant currency (CC) revenue growth outlook for FY24 to over 37 per cent, up from earlier growth guidance of 27-30 per cent

Rolls-Royce successfully powers up UltraFan technology demonstrator. The initial stage of the test was conducted using 100 per cent Sustainable Aviation Fuel

NITES approaches Centre against 'unethical' transfer practices of TCS. IT workers' union NITES (Nascent Information Technology Employees Senate) has approached the Ministry of Labour and Employment against the alleged "unethical transfer practices" of Tata Consultancy Services (TCS). An email to TCS seeking comments on the is

Suzlon's S1443 MW series of wind turbines get RLMM listing by MNRE. Renewable energy solution provider Suzlon Group on Wednesday announced the listing of its S144 3 MW series of wind turbines in the Ministry of New & Renewable Energy's 'Revised List of Models & Manufacturers' (RLMM). "This is an important milestone requir

A bad day at home can lead to a bad day at work, says professionals' survey. Around two-thirds of professionals surveyed believe that a "bad day at home" can indeed lead to a "bad day at work", highlighting the role of family support for a good professional life, says a report. Around 69 per cent of respondents feel that difficult

2 Dabur firms get relief in lawsuits in US, 3rd entity to face charges. In a relief to FMCG major Dabur, two of its foreign subsidiaries, Dabur International and Dermoviva Skin Essentials, have been removed as a defendant in multiple lawsuits filed in a US court over allegations that their hair-relaxer products caused ovarian

WhatsApp channels cross 500 million monthly active users mark: Zuckerberg. Recently launched as a feature on WhatsApp, channels allow users to get updates from people, organisations, and teams that they follow on the messaging platform

Prestige Group eyes mall expansion in Mumbai and Goa amid retail boom. Prestige Group currently operates four malls in Bengaluru and Kochi, it plans to develop eight more malls across various stages in cities such as Chennai and Hyderabad

Govt slaps penalty on four firms that failed to hire female directors. The action has been taken against three private and one Maharashtra govt company. The development sheds light on the govt's emphasis on having more female leaders in company boardrooms

Actis's Sanjiv Aggarwal said to be frontrunner for India NIIF CEO job. The board of the National Investment & Infrastructure Fund has recommended Aggarwal for the role of Chief Executive Officer, the people said, asking not to be identified as the information is private

Funds over Rs 25,000 cr with Sebi in focus after Subrata Roy's death. The undistributed funds totalling over Rs 25,000 crore lying with the capital markets regulator Sebi's account have come back into focus after the demise of Sahara Group's chief Subrata Roy. Roy passed away in Mumbai on Tuesday night at the age of 75 after

Renault sets out targets for EV unit Ampere, says won't sell it cheap. The group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 2030

Siemens to acquire 18% in Indian arm from Siemens Energy for 2.1 bn euros. With this, the company's total stake in its Indian arm will jump to 69 per cent from 51 per cent earlier

Aequs bags contract from Airbus for supply of critical aircraft components. Aerospace components maker Aequs on Wednesday said it has secured a contract with European aircraft major Airbus for the supply of critical components for A320 family, A330neo and A350 aircraft for over a period of 10 years. Under the terms of the agreemen

ONGC plans to invest Rs 1 trillion to set up two petrochemical plants. India's top oil and gas producer ONGC plans to invest about Rs 1 lakh crore in setting up two petrochemical plants to convert crude oil directly into high-value chemical products as it prepares for energy transition, top company officials said on Wednesday

Vedanta dispatches 1st supply of low-carbon aluminium in domestic market. Vedanta Aluminium on Wednesday said that it has dispatched its first supply of low-carbon aluminium to a company based in Telangana. As part of the order, the company will supply 300 metric tonnes of Restora Billets to Global Aluminium. "Vedanta Aluminium

Karnataka-based Aequs bags Airbus contract to supply aircraft components. Karnataka-based Aequs will make parts for wings, fuselage, and pylons for Airbus' A320, A330neo, A350 aircraft

India-US ink pact to improve cooperation among startups, promote innovation. India and the US have signed an agreement to promote innovation through increasing cooperation among startups, address regulatory hurdles, and share best practices on fundraising by entrepreneurs, an official statement said on Wednesday. The Memorandum of

Paytm collaborates with Amadeus to drive travel experience with AI. One97 Communications, which owns Paytm brand, on Wednesday announced a partnership with Amadeus, under which it will integrate Amadeus' travel platform and optimise travel experience from search to booking, and payment. This partnership brings together Pay

HPE and NVIDIA partner to launch a supercomputing solution in GenAI. This solution will have a software suite enabling customers to train models and develop AI applications

Pitti Engineering profit rises to Rs 22.5 crore in September quarter. Pitti Engineering on Wednesday said it has reported a 121.9 per cent rise in Profit After Tax (PAT) to Rs 22.55 crore for the September quarter. The company had reported a PAT of Rs 10.16 crore in the year-ago period, Pitti Engineering said in a statement

DS Group considering investment of Rs 200 cr to expand luxury portfolio. The DS group also has brands like Swiss luxury chocolate Laderach, childrenswear store Les Petis, and premium grocery and retail store Le Marche

BharatPe fraud: EOW finds fake invoices generated by Ashneer Grover family. Preliminary investigations by the Economic Offences Wing (EOW) find consultancy firms credited Rs 7.6 crore by BharatPe share addresses of Ashneer Grover's family members

Aster DM Healthcare Q2 results: Consolidated revenue rises 17.7%. On a sequential basis, the company exhibited a 3.15 per cent increase in revenue along with EBITDA, which grew 21 per cent year-on-year

CWIT first phase likely to be operational by Dec 2024: Karan Adani. The first phase of Colombo West International Terminal (CWIT) is likely to be operational by December 2024, Adani Ports and Special Economic Zone (APSEZ) Whole Time Director and CEO Karan Adani has said. The US International Development Finance Corporation

Siemens AG to buy Siemens Energy's stake in India arm for Euro 2.1 billion. Once the demerged entity is listed, Siemens Energy is to ultimately acquire a controlling stake in the demerged energy business

RBI asks Bajaj Finance to stop loan disbursal via its two lending products. The action is due to the non-adherence of the NBFC to the extant provisions of the digital lending guidelines of the central bank

Natco Pharma Q2 results: Net profit surges over 6-fold to Rs 369 cr. Natco Pharma on Tuesday reported an over six-fold jump in its consolidated net profit to Rs 369 crore in the second quarter ended September 30, 2023. The Hyderabad-based drug firm had reported a net profit of Rs 57 crore in the July-September period of las

Adani Electricity to buyback 0 mn senior secured notes due in 2030. Adani Energy Solutions' arm Adnai Electricity Mumbai has announced a tender offer to buybuy part of its outstanding senior secured notes worth USD 120 million, which are due in 2030. "The distribution arm of Adani Energy Solutions Ltd, Adani Electricity M

Hoax bomb threat evacuates TCS campus in Bengaluru; ex-employee suspected. This is the second incident of a fake bomb threat being made at the IT firm by disgruntled former employees this year

Adani Energy Solutions plans to raise nearly Rs 3,000 crore via bonds. Adani Energy Solutions (AESL), earlier known as Adani Transmission, is planning to raise USD 360 million (around Rs 3,000 crore) through issuing bonds on a private placement basis. "...we are looking for a private placement of USD 360 million of transmiss

Servotech Power Systems to instal 5,000 EV charging stations across India. Servotech Power Systems on Tuesday announced plans to instal 5,000 EV-charging stations across the country. In this regard, Servotech Power Systems said it has incorporated a subsidiary, Servotech EV Infra, which will do the business as a Charge Point Oper

Ramp-up, asset monetisation to help turn around fortunes of RINL. Rs 3,000-4,000 crore expected from sales

Gas market volatility to remain until new supply arrives: TotalEnergies CEO. "From 2026, 2027 we will have more margin to read the price," he added

Insider co-founder Henry Blodget to step down as CEO amid strategy overhaul. German publishing giant Axel Springer SE acquired a majority stake in Insider in 2015 and retired the "Business Insider" name in 2021 as it looked to expand coverage

Tesla on way to double its components imports from India: Piyush Goyal. In September, Goyal had said the company is looking to source components worth .9 billion from India this calendar year, compared to billion in 2022

NMDC Q2 net profit rises 15% to Rs 1,028 cr on strong iron ore sales. The company witnessed a nearly 21% growth in revenue generated from its iron ore segment from the previous year

Revfin looking to raise Rs 500 crore in 12 months: CEO Samir Aggarwal. Electric vehicle (EV) digital financing platform Revfin is looking to raise up to Rs 500 crore in the next 12 months to fuel its business expansion plans, founder and CEO Samir Aggarwal has said. The company's expansion plans include the commercial roll-ou

Jaiprakash Associates signs agreement to partly repay dues to ICICI Bank. To get 18.9 crore shares which was pledged

PRS Oberoi: Remembering the man who redefined the Indian hospitality. The restaurateur inherited the business from his father Mohan Singh Oberoi, the pioneering founder of the group that now operates 32 hotels and has presence in seven countries under multiple brands

For Google Play, dominating android world was 'existential': Report. Epic is seeking to show that executives at the Alphabet Inc. unit were eager to discourage the proliferation of third-party app stores

Revlon to double business in next 2 yrs in India, to open 300 more outlets. Beauty and cosmetics brand Revlon, which operates in India through its local partner Modi-Mundipharma Beauty Products, is looking to double its business to Rs 400 crore in the current fiscal and has plans to ramp up its offline network by adding more store

Jaiprakash Associates to give 7.71% stake to ICICI Bank to settle part loan. Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates Ltd (JAL) will give 7.71 per cent stake, worth Rs 366 crore at current market price, in the company to ICICI Bank to clear part of the outstanding loan. According to sources, ICICI bank has an e

OYO set to prepay over Rs 1,600 crore debt through buyback process. Global travel-tech player OYO is set to prepay a significant chunk of its debt amounting to Rs 1,620 crore through a buyback process. The buyback initiative involves the repurchase of 30 per cent of OYO's outstanding Term Loan B (TLB), as per an announceme

National Insurance Company records profit of Rs 424 crore in Q2FY24. In the first quarter of FY24, the loss of the company stood at Rs 379.28 crore

German govt grants Siemens Energy bn loan guarantee to help secure firm. The German government said Tuesday it is granting a 7.5 billion-euro (USD 8 billion) loan guarantee to energy technology company Siemens Energy as part of a 15 billion-euro package to help the firm, an important player in the transition to renewable energy

Indiabulls Housing Finance Q2 net profit rises 3% to Rs 298 crore. Mortgage player Indiabulls Housing Finance on Tuesday reported a marginal 3 per cent rise in consolidated net profit to Rs 298 crore in the second quarter ended September 2023. The company had reported a net profit of Rs 289 crore in the July-September qua

CCI clears Mirae Group's minority stake buy in Shadowfax Technologies. Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Mirae Group entities' acquisition of a minority stake in Shadowfax Technogies. The Mirae Group entities undertake venture investments and are ultimately directly or indirectly co

JSW Steel beaten in race for Teck Resources Limited's coal business. Last month, the Sajjan Jindal-led steel giant confirmed that it had not changed its plans for a potential stake buy in Teck's unit.

Emirates airline to build new 0 mn ultra-modern engineering facility. Phase 1 of the project will deliver 8 maintenance hangars and 1 paint hangar - all capable of handling any size of commercial aircraft up to Code F (A380)

Meta, Alphabet, ByteDance, Snap must face social media addiction lawsuits. Rogers rejected arguments that the defendants were immune from being sued by the US Constitution's First Amendment

Meta, Alphabet, ByteDance, Snap must face social media addiction lawsuits. Rogers rejected arguments that the defendants were immune from being sued by the US Constitution's First Amendment

Exxon Mobil drilling for lithium in Arkansas, to begin production by 2027. Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027. Exxon in early 2023 acquired the rights to 120000 gross acres (48562 gro

PRS Oberoi, doyen of Indian hospitality passes away at the age of 94. Chairman Emeritus of The Oberoi Group Prithvi Raj Singh Oberoi, widely known as the doyen of Indian hospitality, passed away on Tuesday, leaving behind a rich legacy. "It is with deep sadness that we inform the peaceful passing of PRS Oberoi, Chairman Emer

HCLTech appoints Sonia Eland as country manager for Australia, New Zealand. IT services company does business in digital, engineering, cloud, AI in the two countries

Hindustan Unilever to help kirana stores compete with big cos via ONDC. Hindustan Unilever (HUL) became the first fast-moving consumer goods (FMCG) company to join ONDC last year through UShop

IREDA public issue to open on Nov 21; sets price band at Rs 30-32 share. State-owned Indian Renewable Energy Development Agency (IREDA) on Tuesday fixed a price band of Rs 30-32 per share for its Rs 2,150-crore initial public offering (IPO). The maiden public issue will open for subscription on November 21 and conclude on Novem

Kalyan Jewellers Q2 results: Consolidated PAT up 27.33% at Rs 134.87 crore. Jewellery retailer Kalyan Jewellers on Tuesday reported a 27.33 per cent on-year growth in consolidated profit after tax (PAT) during the quarter ended September 30, at Rs 134.87 crore. The company's PAT stood at Rs 105.92 crore in the corresponding period

Eldeco Group to invest Rs 300 cr on housing project in Himachal Pradesh. Realty firm Eldeco Group will invest about Rs 300 crore to develop a ultra-luxury housing project, comprising 80 villas, in Himachal Pradesh to tap rising consumer demand of high-end residential properties in hills. Delhi-based Eldeco Group has bought 30-a

Burmans deny role in cricket betting app, reject Mumbai police FIR. "Mohit Burman and Gaurav Burman do not know or have ever met the accused mentioned in the FIR being selectively circulated in the media," the spokesperson of Burman Family said

JP Associates inks pact with ICICI Bank, to transfer 189 million shares. Currently, JP Associates owes nearly Rs 29,000 crore to key lenders such as State Bank of India (SBI), ICICI Bank, and IDBI

IndiQube leases 1,037-seater managed workspace to Ninjacart in Bengaluru. Ninjacart will use this new space to fuel its expansion plans as it now operates in new verticals

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