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NSE share market NEWS tomorrow (09 November, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (09 November, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 November 2023

Kfin Technologies was amongst the top gainers, currently trading at 509.30 in NSE with 16.402 times change in volumes and 6.884% change in price. Other gainers included Central Depo with 5.231% price change and 2.399 times volumes, Power Finance with 5.217% price change and 6.655 times volumes, Uno Minda with 4.875% price change and 0.911 times volumes, and Mahindra Mahindra with 4.347% price change and 3.6 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.

Amber Enterprises was amongst the top losers, currently trading at 3128.25 in NSE with 0.623 times change in volumes and -6.201% change in price. Other losers included Multi Commodity with -5.647% price change and 2.266 times volumes, Bse with -5.179% price change and 0.731 times volumes, National Aluminium with -3.83% price change and 2.216 times volumes, and Supreme Industries with -3.671% price change and 2.17 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.

Bajaj Consumer Q2 results: Net profit rises 17.75% to 37.27 crore. FMCG firm Bajaj Consumer Care Ltd on Thursday reported a 17.75 per cent increase in consolidated net profit to Rs 37.27 crore for the September quarter. The company reported a net profit of Rs 31.65 crore in the year-ago period, according to a regulatory f

ICICI Bank gets RBI nod to make ICICI Securities wholly-owned subsidiary. ICICI Bank on Thursday said ICICI Securities will be its wholly owned subsidiary following the approval of the Reserve Bank of India. The ICICI Bank on June 29 had approved a proposal to delist ICICI Securities and become a wholly-owned subsidiary of the b

SJVN concludes first ever e-reverse auction for 1500 MW power projects. State-owned SJVN Ltd on Thursday announced concluding an e-reverse auction process for selecting renewable energy developers for its 1,500-MW power projects. This is the first ever such auction process conducted by SJVN, the company said in a statement. "S

IGE, Archer Aviation partner to launch electric air taxis in India by 2026. Electric air taxi operations in India are subject to regulatory approvals and clearances, the company said in a statement

Adani Ports and SEZ profit rises 4.2% to Rs 1,748 crore in Q2FY24. Net sales of the port operator and logistics company rose by 27.6 per cent Y-o-Y to Rs 6,646 crore. This was a 6.4 per cent increase quarter-on-quarter (Q-o-Q)

InCred secures commitment to raise Rs 500 crore, to join unicorn club. Latest funding round values company at .05 bn

'Fighter' Balkrishan 'BK' Kalra braces for new innings as Genpact CEO. Internally, Kalra is recognized for his track record of building talented and diverse teams, igniting passion, and driving transformation for clients

Zee Entertainment Q2 results: Net profit rises 8.9% to Rs 122.96 crore. Zee Entertainment Enterprise Ltd (ZEEL) on Thursday reported an increase of 8.92 per cent in its consolidated net profit to Rs 122.96 crore for the September quarter. It had posted a net profit of Rs 112.89 crore in the July-September quarter a year ago, a

ABFRL posts Rs 200.34 cr loss for Jul-Sep, sales at Rs 2,509.57 cr. Aditya Birla Fashion and Retail Ltd on Thursday reported a consolidated net loss of Rs 200.34 crore for the second quarter ended September 2023. The company had a net profit of Rs 29.42 crore during the July-September quarter of the previous fiscal, accord

Reliance Industries raises Rs 20,000 crore through 10-year bonds at 7.79%. The majority of the subscribers were large insurance companies, and pension funds, market participants said

Aurobindo Pharma posts 84% jump in Q2 profit on strong overseas demand. India's generic drug makers, which draw a significant share of revenue from the United States, are slowly recovering from the effects of eroding prices in the world's largest drug market

Oxford-AstraZeneca covid vaccine faces legal challenge in UK: Report. The Oxford-AstraZeneca COVID-19 vaccine, known as Vaxzevria in Europe and licensed as Covishield in India, is facing a legal challenge in the High Court in London, a UK media report said on Thursday. According to The Daily Telegraph', UK-based pharmaceutic

Bosch Q2 results: Net profit rises to Rs 999 cr on higher auto parts demand. Indian automakers saw higher demand for passenger and commercial vehicles during the quarter as well as easing semiconductor chip shortage, which helped boost volumes

Saluja's remuneration meets legal, corporate governance norms: Religare. The actual sale of shares that happened on 21st and 22nd September by Saluja was made at then prevalent market price

Reuters denies it had prior knowledge of Oct 7 Hamas attack on Israel. "Reuters staff journalists were not on the ground at the locations referred to in the HonestReporting article.

Nissan, Honda get some relief as weak yen amplifies uptick in sales. It raised its full-year forecast by nearly 13% to 620 billion yen due to a favourable impact of a weak yen and improvements in global retail sales, excluding China

Global VC investments drop 5.4% as VCs remain cautious: KPMG report. The number of deals fell from 9,563 in Q2 CY23 to 7,435 in Q3 CY23, according to data from KPMG's Venture Pulse Q3 2023 report

Go First lenders to challenge move that could let lessors reclaim planes. The Go First bankruptcy filing lists Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank among its lenders

ABB India net profit up 83.7% on back of improved operational performance. New order wins in the quarter ended September 2023 was at Rs 3,004 crore, up 14 per cent from a year ago, with an outstanding order book of Rs 8,008 crore

Coffee Day logs Q2 loss at Rs 109.15 cr on account of exceptional items. Coffee Day Enterprises Ltd on Thursday reported a consolidated net loss of Rs 109.15 crore for the second quarter ended September 2023 on account of exceptional items. It had reported a profit of Rs 4.35 crore in the July-Septemer period a year ago, accord

Ashok Leyland plans to invest Rs 1,200 crore into Switch Mobility. In September 2023, Switch India launched its state-of-the-art e-LCVs

Google fails to improves products until under pressure, US argues. "We didn't know what would happen" with the choice screen, testified Ben Gomes, who was head of Google's search team at the time. "This was trying to figure out what would happen"

Delhi govt's ban may disrupt operations of ride-hailing firms: Uber to LG. Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi and the Transport Commissioner

Lotus Cars launches electric SUV Eletre starting at Rs 2.55 cr in India. Lotus Cars, British manufacturer of high-performance sports cars, has entered the Indian market with the launch of three models of its electric SUV, Eletre, starting at Rs 2.55 crore. The company -- owned by Chinese brand Geely -- on Thursday launched thre

Air India, WorldTicket partner to provide customers air-rail connections. Air India on Thursday said it has entered into an intermodal interline pact with WorldTicket that will offer its customers air-rail connections at 5,600 train stations in Germany with Deutsche Bahn on a single ticket. WorldTicket is the exclusive distribut

Amazon Great Indian Festival has been the biggest ever in history: Tiwary. Amazon India gave customers access to more than 5,000 new launches from top brands

Piramal Enterprise reports net profit of Rs 48 crore in July-Sept quarter. The Net Interest Income (NII) moderated to Rs 750 crore in the quarter under review from Rs 829 crore in the year ago period

Apple suffers setback in fight against European Union's bn tax orde. "The judgment of the General Court on 'tax rulings' adopted by Ireland in relation to Apple should be set aside," he said in a non-binding opinion

Sports tech firm Game Theory acquires Matchday.ai for an undisclosed amount. The sports tech firm said that top athletes have used Matchday's technology to improve their game and the company will now bring this to everyday players

Shriram Life insurance posts Rs 70 cr net profit in first half of 2023-24. Shriram Life Insurance announced an 88 per cent increase in new business premium for retail and group policies in H1FY24 at Rs 860 crore compared to the year-ago period

Disney tops profit estimates, seeks extra billion in cost savings. Runaway expenses and the missing dividend were two key issues raised by activist investor Nelson Peltz, who is once again seeking board representation at the comany

JSW Steel's production grows 12% to 2.32 million tonnes in October. On a yearly basis, production from Indian operations in October grew 9 per cent to 2.23 million tonnes from 2.04 million tonnes

Revolt Motors to provide electric bikes for Adani Green Energy Ltd. According to the company, the deal 'symbolises the essential role businesses play in reducing carbon emissions and embracing environmentally responsible transportation options'

Lupin's net profit jumps nearly four-fold on strong US growth, stock up. US sales cross 0 million for the first time in two years, beat analyst expectations

HC orders tax refund of Rs 1,128 cr to Vodafone Idea; pulls up I-T dept. The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017. The assessment order passed by the department in August this year was ti

Pidilite to enter lending business, to acquire promoter group's NBFC firm. Adhesive and construction chemicals manufacturer Pidilite Industries plans to enter the lending business, providing small-value retail loans. To facilitate this, Pidilite Industries, would acquire an existing NBFC -- Pargro Investments, belonging to its Pr

Genpact CEO 'Tiger' Tyagarajan announces retirement, B K Kalra to take over. Kalra presently leads business transformation at the professional services company

Snitch looks to open 7-8 stores in FY24, expand deeper into Indian cities. Men's fashion brand Snitch looks to expand its presence in small cities and towns and open at least 7-8 offline stores in places like Surat, Mumbai and Pune this financial year, a top company official said. The company has a good presence in Tier-1 and -II

Kirloskar Industries Q2 result: Net profit at Rs 91 cr; revenue down 11%. The total income for Q2FY24 came in at Rs 1,588.88 crore, compared to Rs 1,810,97 crore year-on-year

JSW Steel reports 12% rise in consolidated crude steel production in Oct. JSW Steel on Thursday reported a 12 per cent rise in its consolidated crude steel production to 23.12 Lakh Tonnes (LT) in October. Its consolidated crude steel production was at 20.64 LT in the same month last year, according to a statement. From its India

Go First lenders to challenge move that could let lessors reclaim planes. India last month tweaked its laws to exclude leased aircraft from assets that are frozen during bankruptcy proceedings

Adani Ports Q2 result: Consolidated profit at Rs 1,761 cr; revenue up 27%. The company's revenue from operations was up 27.55 per cent to Rs 6,646.41 crore during the quarter under review against Rs 5,210.80 crore last year

Tesla to import completely made electric cars from Germany into India. Earlier this month, Reuters reported that Tesla is planning to build a ,838 car at its factory near Berlin

Wipro may skip salary hikes for top performers with higher compensation. The move comes at a time when Wipro is dealing with a plethora of problems ranging from weak client spending to tough competition from larger rivals

Reliance Industries raises Rs 20,000 cr in largest local bond sale. Reliance Industries has paid less than what state governments have for similar issues in the recent past, indicating an "ultra-strong appetite" for high-rated longer-duration papers, bankers added

SC upholds IBC, says provisions don't have 'vices of arbitrariness'. More than 200 petitions, including by Anil Ambani, challenged law on due process

Nalco posts 49% increase in net profit at Rs 187 crore in Sep quarter. State-owned National Aluminium Company Ltd (Nalco) on Thursday reported a 49.3 per cent increase in consolidated profit to Rs 187.35 crore for the September quarter. The company had posted a consolidated profit of Rs 125.43 crore in the year-ago period, Na

Steelmaker AM/NS India's Ebitda up 161% on higher shipments, lower costs. Shipments were 11.6% higher at 1.9 million tonnes compared to 1.7 mt in the previous quarter

Jockey India licensee posts 7.3% fall in Q2 profit as inflation hits demand. India's malls and high streets saw lower footfall during the quarter as rising inflation forced people to tighten their belts.

Indian rice exporter KRBL posts 28% profit drop in Q2 on weak demand. Consolidated net profit at the 'India Gate' basmati rice maker fell to 1.53 billion rupees (.37 million) for the quarter, from 2.13 billion rupees a year ago.

Tata Tech in talks with Morgan Stanley, US funds for IPO investment: Report. "Big investors are quite excited by the Tata brand, and a profitable company with scale ... that's driving demand," the first source said

Granules India's Q2 revenue rises 3.4% on higher sales in North America. Its shares gained 19.5% in the September-quarter, outperforming the Nifty pharma index, which climbed 12%

SoftBank hit with .2 bn quarterly loss as WeWork, tech investments dip. Japanese technology company SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour. Tokyo-based SoftBank loss totalled 931 billion yen (USD 6.2 billion)

Ramco Cements beats Q2 profit view, net PAT grows nine times to Rs 101 cr. Sales volumes grew 38%, supported by pressurized prices in southern India, from where Ramco derived 81% of its total volumes in the reported quarter

Ircon International Q2 results: Net PAT rises 44% to Rs 251 crore. Ircon International Ltd, a navratna public sector enterprise and a leading turnkey construction company, on Thursday reported a 44 per cent rise in consolidated Profit After Tax (PAT) of Rs 250.8 crore in the September quarter. The company had posted a con

Adani flagship aims big on data centers with .5 bn capex planned. The company is planning to build nine data centers and targeting a total capacity of 1 gigawatt by 2030

Airtel Payments Bank Q2 results: Net profit rises to Rs 7.7 crore. Airtel Payments Bank on Thursday posted a multifold jump in net profit to Rs 7.7 crore in the September quarter mainly on account of uptick in saving accounts. The company, which is the only profitable payments bank, had posted a profit of Rs 3 crore in th

Airbus, HAL sign pact to establish Civil MRO facility for A-320 aircarfts. Airbus on Thursday said it is partnering with Hindustan Aeronautics Limited to support the Bengaluru-headquartered company's entry into servicing of commercial aircraft, especially the A320 family of aircraft. Through this, Airbus said, it is also seeking

SJVN net profit dips marginally to Rs 439 crore in September quater. State-owned SJVN Ltd on Thursday reported a marginal decline in its consolidated net profit to Rs 439.64 crore. Its consolidated net profit was Rs 445.44 crore in the quarter ended on September 30, 2022, according to a regulatory filing. Total expenses in

CRISIL upgrades ratings on Inox Wind with stable outlook on debt shrink. Crisil has upgraded its ratings on Inox Wind Limited with a stable outlook, according to a regulatory filing. Part of INOX GFL Group, Inox Wind Limited is India's leading wind energy solutions provider servicing independent power producers (IPPs), utilitie

Pidilite Industries Q2 result: Net profit jumps 35% to Rs 45 crore. Revenue from operations was up 2.15% at Rs 3,076.04 crore during the second quarter of this fiscal

Amazon slashes subscription fee for exporters by 99% to for 1st 3 months. E-commerce company Amazon has slashed subscription fees for new exporters to USD 1 from USD 120 per month for the first three months of onboarding the platform, the company said on Wednesday. Amazon will start the annual Black Friday and Cyber Monday (BFCM

NCLAT adjourns hearing on IDBI's insolvency plea against Zee to Dec 6. The National Company Law Appellate Tribunal (NCLAT) on Wednesday adjourned its hearing to December 6 over the plea of IDBI Bank seeking to initiate insolvency proceedings against Zee Entertainment. A three-member NCLAT bench deferred the hearing after the

Kamdhenu net profit grows 24% to over Rs 10 crore in September quarter. TMT bars manufacturer Kamdhenu Ltd on Wednesday posted a 24 per cent rise in its net profit to Rs 10.18 crore for the July-September quarter of 2023-24 on lower expenses. It had clocked Rs 8.21 crore net profit in the year-ago period, the company said in a

May write off remaining unsold Yeezy shoes after breakup with Ye: Adidas. Adidas believes it may have to write off the remaining 300 million euros (USD 320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The company said it will decide in the coming weeks whether or not t

Brigade Enterprises Q2 profit jumps 72% on strong housing demand. Revenue from real estate, its largest unit, rose 70% to Rs 1,034 crore

Alpex Solar eyes over two-fold growth in revenues by FY26: MD Sehgal. Solar panel maker Alpex Solar is aiming for more than two-fold jump in its revenues to Rs 1,000 crore by financial year 2025-26, the company's Managing Director Ashwani Sehgal said. The company has set a revenue target of Rs 400 crore for the ongoing 2023-

Bata India Q2 results: Net profit falls 38% to Rs 34 cr, revenue down 1%. Leading shoemaker Bata India Ltd on Wednesday reported a decline of 37.77 per cent in its consolidated net profit at Rs 34 crore in the second quarter ended September 2023, citing exceptional items in its balance sheet. It had posted a net profit of Rs 54.

Reliance Infrastructure Q2 result: Net loss widens to Rs 294 crore. Reliance Infrastructure Ltd (RInfra) on Wednesday reported a widening of net loss to Rs 294.06 crore during the September quarter as expenses increased. It had clocked Rs 162.15 crore net loss during the July-September period of the preceding 2022-23 fisca

Power Finance Corporation net profit up 27% to Rs 6,628 cr in Sep qtr. State-owned Power Finance Corporation (PFC) on Wednesday posted a nearly 27 per cent rise in its consolidated net profit to Rs 6,628.17 crore in the July-September quarter compared to a year ago. The consolidated net profit of the company was Rs 5,229.33 c

Vedanta in talks to raise upto .5 bn to repay overseas bondholders. The group's holding company, Vedanta Resources, is also looking to sell part of its 63.71 per cent stake in Vedanta Ltd to meet any funding requirements

New India General Insurance posts loss of Rs 2,000 crore in Q2FY24. The underwriting loss of the largest general insurer widened to Rs 2446.93 crore from Rs 1506.92 crore in Q2FY23

GMR Airports to raise upto Rs 50 bn through debentures to retire old debt. In talks to tie-up funding for airport in Andhra Pradesh

Brigade Enterprises net profit up 117% to Rs 112.50 crore in Q2FY24. In Q2 FY24, Brigade reported an incremental leasing of 3 lakh square feet recording a five-time increase in quarter-on-quarter

Adani's Colombo port terminal to get 3 million funding from US DFI. Move seen as US bid to curtail China's influence

Patanjali Foods Q2 results: 126% jump in net profit, revenue drops 8%. The Food and FMCG segment achieved a revenue of Rs 2,487.62 cr in the second quarter, registering a ­5.4 per cent increase from the year ago period

Amfi announces appointment of Venkat Nageswar Chalasani as new CE. Prior to this role, Chalasani served as the Deputy Managing Director (DMD) at the State Bank of India (SBI), where he spent almost four decades

Ikea India expects double-digit growth, to sell festive dedicated items. The Swedish furniture major is also changing its food menu to offer more local products, depending on where the store is located

Landmark Cars posts about 21% rise in Sep qtr profit on lower costs. The auto reseller, which was listed last December, said total expenses fell nearly 9% to Rs 755 cr. A fall in the purchase of cars and spares, which constitute the bulk of costs, pushed expenses down

SKF India Q2 results: Net profit declines 42.5% to Rs 90.22 crore. Auto parts maker SKF India on Wednesday reported a 42.5 per cent year-on-year decline in standalone Profit After Tax (PAT) at Rs 90.22 crore in the September quarter. The company had posted a standalone PAT of Rs 155.95 crore in the second quarter of the p

Indian exporters on Amazon Global Selling gear up for holiday season. Indian businesses exporting through the Amazon Global Selling program are on track to surpass billion in cumulative exports by the end of 2023

Birla Corporation posts Rs 58.37 cr net profit in Q2 on ops ramp-up. The company attributed the jump in profitability to the ramp-up of Mukutban operations, cost-initiatives, premiumisation and optimization of power and fuel mix and softening fuel prices

Tata Power Q2FY24 PAT up 6.9% to Rs 876 crore on back of higher revenue. Revenue for the company rose 12.2 percent to Rs 15,738 crore largely driven by higher revenue from core businesses of generation, transmission and distribution

GoMechanic raises Rs 50 crore from marquee investor, existing shareholders. Car services and repair platform GoMechanic on Wednesday said it has raised USD 6 million, about Rs 50 crore, from an undisclosed investor along with contributions from existing investors. The company was acquired by Servizzy, a subsidiary of the Lifelong

Reliance Retail's first standalone 'Swadesh' store opens in Hyderabad. Founder and Chairperson of Reliance Foundation Nita Ambani on Wednesday inaugurated the first Swadesh' store by Reliance Retail here. Speaking at the launch of the first standalone Swadesh store Nita Ambani said, Swadesh is an ode to India's traditional ar

Ultraviolette Automotive forays into Europe with focus on five nations. Electric bike maker Ultraviolette Automotive on Wednesday announced its foray into the European market as it looks to tap growth opportunities in the international markets. The Bengaluru-based company launched its flagship electric bike F77 in Europe with

Citigroup discriminated against Armenian-Americans, says federal regulator. Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said on Wednesday, as the bank argued internally that Armenians were more likely to commit fraud and referred to a

Titagarh Rail plans to raise up to Rs 700 cr via QIP, seeks JV partner. Engineering company Titagarh Rail Systems Ltd on Wednesday said it plans to raise up to Rs 700 crore through a Qualified Institutions Placement (QIP) and seeks a strategic partner for the shipbuilding, bridges, and defence business. In a regulatory filing,

Kerala's Technopark records software exports worth Rs 11,630 cr for FY23. Kerala's pioneer IT hub Technopark here has reported a remarkable surge in software export revenue for the financial year 2022-23. The organization saw a substantial increase of Rs 1,855 crores in export revenue, registering a 19 per cent growth compared t

GoMechanic 2.0: New Founders secure mn funding from marquee investor. A brainchild of four friends -- Kushal Karwa, Amit Bhasin, Rishabh Karwa and Nitin Rana -- the original GoMechanic firm was founded in 2016

GitHub's India user base at 13.2 mn, projected to overtake US by 2027. India continues to have the fastest-growing developer population with some 3.5 million new developers joining GitHub's platform in 2023

Reliance to take 'Swadesh' store to US, Europe retailing traditional art. Country's leading retailer Reliance Retail has plans to take its Swadesh store, retailing traditional Indian art and craft, to the US and Europe. Reliance Retail on Wednesday opened its first standalone store of Swadesh at Hyderabad, which was inaugurated

IRB Infrastructure toll revenue collection grows 30% to Rs 448 cr in Oct. IRB Infrastructure Developers Ltd (IRB) on Wednesday said its revenue from toll collection grew 30 per cent to Rs 447.7 crore in October 2023. Toll collection stood at Rs 345.1 crore in the same month last year, IRB said in a statement. Out of its 13 tolls

Burger King India posts narrower Q2 loss at Rs 46.03 cr on store expansion. Even so, same-store sales growth, a barometer of customer retention, at Indian Burger King restaurants slowed to 3.5% from 27% a year earlier

Airbus raises A350 output goal as Q3 profits jump 21% at .08 bn. Airbus said it was seeing strong demand in commercial aircraft, including a continuing rebound in big jets like the A350, but expected the supply chain to remain "challenging"

US invests 3 mn in Adani's Sri Lanka port to curb China's influence. The financing from International Development Finance Corp. for the deepwater West Container Terminal in Colombo is the US government agency's largest infrastructure investment in Asia

IRCTC Q2 results: Profit rises 30% to Rs 295 crore, revenue up 23%. State-owned IRCTC on Wednesday reported 30.36 per cent rise in net profit at Rs 294.67 crore for September quarter 2023-24. The company had logged a net profit of Rs 226.03 crore in the year-ago period, it said in a BSE filing. Total revenue increased 23.5

Go First lenders likely to recover Rs 1,600-1,900 cr through Thane land. The Go First lenders are seeking to recover around 25-30% or Rs 1,600 crore-Rs 1,900 crore of their exposure to the airline

Air India to reinstate 100% of its long-grounded fleet since Tata takeover. The airline is planning to reinstate 100% of its "long-grounded" fleet since the takeover by the Tata Group two years ago

Adani Green aims to achieve operational capacity of 11 GW in FY24: CEO. Adani Green Energy Limited (AGEL) has a planned capex of Rs 14,000 crore and aims to achieve operational capacity of 11 GW in FY24, its CEO Amit Singh said. The company has an operating renewable energy (RE) portfolio of 8.4 GW across solar, wind and hybr

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NSE share market NEWS tomorrow (09 November, 2023). NSE stocks in NEWS (tomorrow)

 

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