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NSE share market NEWS tomorrow (07 November, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (07 November, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 November 2023

Trent was amongst the top gainers, currently trading at 2424.00 in NSE with 6.361 times change in volumes and 8.544% change in price. Other gainers included Bse with 8.201% price change and 3.322 times volumes, Solar Industries with 6.368% price change and 5.158 times volumes, Hindustan Petroleum with 6.314% price change and 4.057 times volumes, and Alkem Laboratories with 5.285% price change and 3.985 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.

Angel One was amongst the top losers, currently trading at 2536.55 in NSE with 0.806 times change in volumes and -3.423% change in price. Other losers included Godrej Properties with -3.23% price change and 0.585 times volumes, Oberoi Realty with -2.783% price change and 0.467 times volumes, Macrotech Developers with -2.484% price change and 1.147 times volumes, and Bank Baroda with -2.224% price change and 1.374 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.

Amazon India sees strong festive sales in 2023, calls it best in 13 yrs. E-commerce major Amazon India on Tuesday said its 2023 festive sale is the best in its 13 years of operations in the country fuelled by a strong demand, a company official said. Online sales by the e-commerce industry during this festive season are expect

Oil & gas biz may be nearing peak for RIL, claims larger share in profit. Ril's oil and gas business performance for several years has been lackluster in comparison to the profits its other divisions have returned

Power Grid Corp Q2 results: Net profit rises nearly 4% to Rs 3,781 cr. State-owned Power Grid Corp on Tuesday posted nearly four per cent rise in its consolidated net profit to Rs 3,781.42 crore compared to a year ago mainly on the back of higher revenues. Its consolidated net profit was Rs 3,650.29 crore in the quarter ended

Naresh Goyal's plea against 'illegal' arrest not maintainable, says HC. The Bombay High Court on Tuesday rejected the petition filed by Jet Airways founder Naresh Goyal challenging his "illegal" arrest in a money laundering case linked to bank loan default, noting that the plea was not maintainable. A division bench of Justic

Larsen & Toubro arm secures significant orders in Odisha, Madhya Pradesh. Larsen and Toubro (L&T) on Tuesday said its arm L&T Construction has bagged significant work orders from the governments of Odisha and Madhya Pradesh. The company did not disclose the order value. However, according to its classification, significant order

Air India-Vistara merger remains on course, says Singapore Airlines. Singapore Airlines on Tuesday said the proposed merger of Air India and Vistara "remains on course" and is subject to approvals from regulators as well as competition authorities in several jurisdictions. Once the merger is complete, Singapore Airlines (SI

Dhanuka Agritech Q2 results: Net profit rises 39% to Rs 102 crore. Agrochemical firm Dhanuka Agritech on Tuesday reported a 39 per cent rise in its net profit to Rs 101.77 crore in the September quarter. Its net profit stood at Rs 73.02 crore in the year-ago period. Total income rose 14 per cent to Rs 617.92 crore in the

Sunil Mittal's Airtel Uganda IPO failed to sell as investors prefer bonds. The demand for Ugandan government bonds maturing in 2033 exceeded the amount on sale by eight fold in an auction on Thursday

Japan's SoftBank makes another bet on WeWork, hoping landlords will too. WeWork's long-term lease obligations of .3 billion accounted for more than 70% of its total debt as of end-June

Shree Cement beats profit view in Jul-Sep quarter on strong infra demand. According to a Jefferies' pre-earning note, cement prices during the quarter increased ~0.5-1% at the all-India level, with the rates rising the most in the country's eastern region

Eveready second quarter net profit jumps 73% on easing input cost. Battery and flashlight major Eveready Industries India Ltd (EIIL) on Tuesday reported a 73.5 per cent increase in consolidated net profit to Rs 25.44 crore for the second quarter of the current fiscal on easing input cost. The city-based company had posted

BLS International net profit in Q2 rises nearly 61% to Rs 82 crore. Visa and consular services provider BLS International Services has posted a 60.81 per cent jump in its profit to Rs 82 crore in the second quarter of the current fiscal. The New Delhi-headquartered company's profit after tax (PAT) was Rs 50.99 crore during

DGCA issues show cause notice to Air India for flight delay compensation. This is not the first instance of Air India coming under the regulator's scrutiny for violating its rules pertaining to passenger compensation. In June of last year

Tata-owned Trent Q2 profit surges three fold, shares hit record high. Shares of Trent rose as much as 8.7% to a record high of Rs 2,427.1 after the results

'WeWork India's image may take a hit as global entity files for bankruptcy'. Meanwhile WeWork India, backed by Embassy Group, has maintained that it operates independently of WeWork Global, and its operations will not be affected in any manner

Info Edge net profit more than doubles to Rs 240 cr in Jul-Sep qtr. Internet company Info Edge on Tuesday posted a two-fold jump in consolidated net profit to Rs 240 crore for the September quarter. The company had posted net profit of about Rs 94 crore in the year-ago period, according to a company's regulatory filing on

Cummins India's Q2 net profit rises 23% rise at Rs 329 cr on lower costs. Cummins India's total expenses fell 5.1% to Rs 1,620 crore on lower cost of raw materials such as aluminium and steel

Prestige Estates Projects posts six-fold jump in Q2 profit to Rs 851 crore. The real estate developer's consolidated net profit rose to Rs 851 crore (2.22 million) in the quarter ended Sept. 30

Apollo Tyres Q2 profit jumps two-fold at Rs 474 cr on higher auto sales. The start of the agricultural season will increase demand for replacement tyres in FY24 by high single-digits to low double-digits, analysts said

Reliance Industries files for record .4 billion rupee bond sale: Report. Reliance Industries is India's largest company by market value, and its business interests range from petrochemicals refining to wireless communication services and consumer goods

Cipla announces transfer of Generics Business Undertaking to subsidiary. The generics business contributed 9.95 per cent of Cipla's turnover and 0.92 per cent of its net worth in the financial year ended March 31, 2023

Hero unveils 3 production-ready, 3 concept vehicles at EICMA 2023. Hero MotoCorp, India's largest two-wheeler maker, also announced that it will enter Europe with its electric vehicle brand Vida

IndiGo to ground over 30 aircraft due to Pratt & Whitney engine issue. PW engines across the world are facing issues due to the impact of a powder metal defect, which could lead to component cracking

Walmart-owned PhonePe crosses 500 million lifetime registered users. The fintech firm which has become the first Indian Internet company to hit this milestone has also elevated some of the key executives to take on larger roles in the group

UBS Group decides to exit bn in assets it manages for rich customers. UBS's newly created wind-down unit, known as Non-core and Legacy, widened its quarterly pretax loss to .93 billion in the quarter from 8 million in the previous period

Avaada Energy secures 1,400 MW solar project in bidding hosted by NHPC. Avaada Energy on Tuesday said it has bagged a 1,400 MW solar project under tariff-based competitive bidding hosted by state-run hydro power giant NHPC Ltd. The project won through an e-reverse auction process showcases Avaada Energy's commitment to competi

Hero MotoCorp to foray into European market with EV range next year. The world's leading two-wheeler maker Hero MotoCorp on Tuesday said it will foray into the European market with its electric scooter range next year. The company plans to introduce the VIDA V1 electric scooter range in Spain, France and the UK by mid-2024.

Amazon launches programme for deliveries via electric vehicles in India. E-commerce company Amazon has launched its last-mile fleet programme in India with 100 per cent electric vehicles, under which it will provide its delivery service providers with access to customized EVs suitable for last-mile deliveries. In the initial ph

Accounting company PwC plans to cut around 600 jobs in UK: Report. The job cuts will be directed mainly at PwC's advisory business and a small number in the tax department, the report said

Soda ash maker GHCL reports 51% decline in Q2 net profit at Rs 143 cr. Leading soda ash maker GHCL Ltd on Tuesday reported a decline of 51.45 per cent in its consolidated net profit to Rs 142.84 crore in the second quarter ended September 2023. It had reported a net profit of Rs 294.25 crore in the July-September quarter a ye

Apple delays work on next year's iPhone, Mac software to fix bugs. In recent years, Apple has put more emphasis on quality - even when it's meant delaying new capabilities

Billionaire Flipkart founder Bansal ready to launch stealth AI startup. The startup's main operations will be in Bengaluru, and it's headquartered in Singapore, where it's in stealth mode for now and will launch its offerings within months

TVS Supply Chain Solutions posts loss of Rs 22 cr in Q2; revenue down 16%. The company's revenue from operations during the quarter under review was seen at Rs 2,262.9 crore, down 16 per cent compared to Rs 2,680.8 crore during the same period in 2022-23

Wipro asks employees to work from office thrice a week as Covid curbs eased. Companies have been reversing or modifying their "remote work" policies as Covid-19 pandemic-related restrictions wound down for reasons including better communication and collaboration among workers.

Adani Group to begin Dharavi redevelopment with Rs 12,500 cr investment. A special purpose vehicle (SPV), jointly owned by the Adani Group (80%) and the Maharashtra government (20%), has been established for this purpose

Razorpay makes Rahul Kothari chief operating officer for India, Malaysia. Fintech company that is backed by global investors is working to expand internationally

Tata considering sale of Voltas home appliance business, say reports. Considerations are at an early stage and Tata Group may decide to keep the asset for longer, the people said. A representative for Tata Group declined to comment

Devyani International posts 43% drop in Q2 profit amid rise in raw material. Consolidated net profit fell to Rs 33.35 crore (.01 million) for the second quarter ended September 30, from Rs 58.76 crore a year ago

Zydus Lifesciences Q2 profit jumps 53% on strong domestic, US demand. Total revenue from operations rose 9.1 to Rs 4,369 crore, boosted by the strength in US formulation segment, which constitutes 44 of the business

Jyothy Labs' Q2 profit up 59.1% at Rs 103.98 cr on strong revenue growth. FMCG maker Jyothy Labs Ltd on Tuesday reported a 59.1 per cent jump on consolidated net profit at Rs 103.98 crore for the second quarter ended September 30, on the back of strong revenue growth. The company, which has brands like Ujala, Maxo, Exo, Henko, P

Saudi Aramco Q3 result: Net profit falls 23% on lower crude prices, volumes. The Saudi oil giant said the decline in oil prices and volumes was partially offset by a reduction in production royalties during the period

TVS ILP announces strategic partnership with Lingotto via stake sale. TVS ILP has been the first corporate developer leading the path in Grade-A warehousing since its inception in 2005 with facilities across India

Alembic Pharmaceuticals' revenue surges 8.17%, PAT up 3.21% in Q2FY24. The API business reported a 10 percent growth in revenues, reaching Rs 322 crores in the quarter

Glenmark Pharmaceuticals receives USFDA approval for generic Prolixin. Prolixin is a prescription medication used to treat schizophrenia and other mental/mood disorders

Insurtech startup Bimaplan raises .5 mn in pre-series A funding round. Company will use the money to improve technology platform, expand distribution

HCLTech, Cisco partner to launch AI powered Meeting Rooms Services. The Meeting-Rooms-as-a-Service (MRaaS) will enable users to join meetings from any meeting solution provider using Cisco's Webex devices

L&T Technology partners with Google Cloud for generative technology. Larsen and Toubro Technology Services (LTTS) has partnered with Google Cloud for implementing generative technology in operations, the company said on Tuesday. LTTS is the digital engineering and R&D services company under Larsen and Toubro Group. LTTS Dev

D B Realty reports 58% increase in Q2 net profit at Rs 893.74 crore. D B Realty on Tuesday reported a 58 per cent increase in its consolidated net profit to Rs 893.74 crore in the second quarter of this fiscal year. Its net profit stood at Rs 565.79 crore in the year-ago period. Income from operations grew to Rs 68.01 crore

Business services provider Quess Corp Q2 PAT rises 79% to Rs 71 cr. Business services provider Quess Corp has reported 79 per cent year-on-year jump in profit after tax at Rs 70.95 crore for the second quarter ended September 30, riding on operational efficiencies. The company had reported a profit after tax (PAT) of Rs 39

IBM partners with AWS to launch GenAI-focussed innovation lab in India. IBM Consulting plans to train and skill 10,000 consultants on AWS generative AI services by end of 2024

Air India fined Rs 10 lakh for violation of civil aviation requirement. The Directorate General of Civil Aviation (DGCA) has issued a show-cause notice to Air India, seeking their response for non-compliance to the provisions of civil aviation requirements (CAR)

IRCTC Q2FY24 result: Net profit jumps 30% YoY to Rs 294 cr; revenue up 23%. The company declared an interim dividend of Rs 2.50

Staying ahead of curve to reinforce Prime position: SBI chairman Khara. The July-September 2023 was the first quarter when HDFC-HDFC Bank did business as a combined entity, escalating competition for loans as well as deposits

L&T arm secures Bhogapuram International Airport project in Andhra Pradesh. Larsen and Toubro (L&T) on Monday said its arm L&T Construction has secured a large order to construct the greenfield Bhogapuram International Airport project in Andhra Pradesh. The company did not disclose the order value. However, according to its classi

Gland Pharma Q2 result: Net profit fell 20% to Rs 194 cr on higher expenses. Gland Pharma reported a nearly 32% jump in revenue from operations to Rs 1,373 crore, driven by higher sales from the acquisition of the French pharmaceutical group Cenexi in January

Alcohol maker Radico Khaitan's Q2 profit rises on robust premium demand. Sales in the premium segment, which includes Magic Moments vodka and Jaisalmer gin, rose nearly 22% to 2.8 million cases in the July to September period

PNB Housing Finance aims expansion in affordable housing, 60 more branches. PNB Housing Finance on Monday inaugurated its first all-women branch in the country

Siemens AG seeks discount for Siemens Energy's stake in Indian JV: Report. Siemens AG spun off Siemens Energy in 2020 but Siemens Ltd, the Indian division which comprises business of both groups, remained integrated

Nykaa Q2FY24 net profit jumps 50% to Rs 7.8 crore, revenue rises 22%. The firm's total expenses for the quarter came in at Rs 1,502 crore, a 22 per cent increase from Rs 1,228 crore in Q2 FY23

Byju's in talks with 3-4 strategic buyers to sell Epic for 0 million. Byju's and its term loan B lenders then decided to postpone the ongoing disagreement in the US courts and achieve an out-of-court resolution

Max Healthcare Q2 results: Net profit falls 39.5%; revenue up 19%. International patient revenue also grew by 25 per cent Y-o-Y

European planemaker Airbus looks to support 50% more jobs by 2025. Airbus procures components and services worth 0 million every year from India

Exide Industries Q2 result: PAT up 12% to Rs 270 cr, revenue at Rs 4,371 cr. Battery maker Exide Industries Ltd on Monday reported 12.11 per cent rise in consolidated profit after tax (PAT) at Rs 270.32 crore for the second quarter ended September 30, 2023. The company had posted a PAT of Rs 241.12 crore for the year-ago period, Ex

Gogoro inks pact with HPCL to set up battery swapping stations across India. Nasdaq-listed battery swapping company Gogoro on Monday said it has signed an initial pact with HPCL to set-up battery swapping stations across the country in the coming years. As part of the collaboration, Gogoro will develop a broad battery swapping infr

Adani Energy Solutions Q2 results: Net profit rises 33%, revenue up 15.3%. The rise in consolidated revenue, the company said, was on account of newly commissioned transmission lines and other related commissioning

HeidelbergCement India Q2 result: Net profit jumps five-fold to Rs 35.8 cr. HeidelbergCement India Ltd on Monday reported over a five-fold increase in its net profit at Rs 35.8 crore for the second quarter ended September 30, 2023. The company had reported a net profit of Rs 7.01 crore in the July-September quarter period a year a

IndiGo to start flights to Bali, Medina this fiscal: Pieter Elbers. IndiGo plans to start flights to Bali and Medina in the current fiscal as the airline continues to expand its network, its chief Pieter Elbers said on Monday. The airline is "well on track" to achieve the target of carrying 100 million passengers this fina

Real estate developer Sobha posts Q2 profit fall on higher expenses. Analysts, however, flagged muted launches by regional developers, including Sobha peers Prestige Estate Projects and Brigade Enterprises

STPI starts inviting applications for LEAP programme to fund 75 startups. State-owned STPI has started inviting applications from startups under its Leap programme to fund entrepreneurs in collaboration with venture capitalists and other private investors, a senior official of the organisation said on Monday. Software Technology

Pilots' fatigue issue needs considerate, holistic approach: IndiGo CEO. Amid rising concerns over fatigue among pilots, IndiGo CEO Pieter Elbers on Monday said the issue needs a "very considerate, holistic and in-depth approach". In recent times, the issue of fatigue among pilots has come to the fore, especially after the deat

V-Mart Retail reports net loss at Rs 64 crore in July-September quarter. V-Mart Retail Ltd on Monday reported a net loss of Rs 64.12 crore for the second quarter ended September 2023. It had incurred a net loss of Rs 11.31 crore in July-September period a year ago, according to a regulatory filing by the value retailer. Revenu

HPCL returns to black with Rs 5,827 cr profit after marketing margin boost. State-owned Hindustan Petroleum Corporation Ltd (HPCL) on Monday reported returning to profitability in the September quarter after a boost in marketing margin improved earnings. It logged a consolidated net profit of Rs 5,826.96 crore in July-September 20

Honeywell Automation India's profit growth slows on higher expenses. Quarterly revenue was up 39% at Rs 1,104 crore, however, a 44% rise in its total expenses, in line with the trend seen in the previous three quarters, weighed on profit

Fusion Micro Finance Q2 results: Net profit jumps 32% to Rs 126 cr. Fusion Micro Finance on Monday reported a 32 per cent increase in net profit to Rs 126 crore in the second quarter ended September 2023, mainly driven by higher interest income. The microfinance entity had posted a net profit of Rs 95 crore in the same qua

Vistara offers complimentary WiFi to loyalty programme members on flights. Full-service carrier Vistara on Monday said it has started providing complimentary Wi-Fi internet connectivity onboard its Boeing 787 and Airbus A321Neo-operated international flights for all members of its loyalty programme, Club Vistara. With this, Vista

Hinduja bags 250MW solar project in tariff-based competitive bidding. Hinduja Renewables on Monday said it has bagged a 250 MW solar project under a tariff-based competitive bidding by state-owned hydro power giant NHPC. "Hinduja Renewables was awarded by NHPC the tender for putting up a solar capacity of 250 MW at the tarif

NHPC net profit rises marginally to Rs 1,693 crore in September quarter. State-owned hydro power giant NHPC on Monday posted a marginal rise in its consolidated net profit to Rs 1,693.26 crore compared to a year ago. Its consolidated net profit was Rs 1,685.81 crore in the quarter ended September last year, a BSE filing showed.

Sundaram Finance's net profit for H1 FY24 up by 22% at Rs 648 crore. Sundaram Finance Ltd (SFL) on Monday announced that it has logged highest-ever disbursements of Rs 13,430 crore for H1 FY'24, 34 per cent over and above H1 FY'23. The profit after tax registered a 22 per cent rise in H1 FY'24, with net profit at Rs 648 cro

IndiGo CEO Pieter Elbers says not happy with number of grounded planes. The company carried 26.3 million passengers in the September quarter, observing a 33.4 per cent year-on-year growth

Vedanta Resources seals copper assets agreement with Zambian govt. The government, which owns a 20% stake in KCM through ZCCM-IH, said in September that it had reached an agreement to allow Vedanta to resume control of the mines and smelter

Renew Power plans to invest Rs 44,000 cr by FY26: CEO Sumant Sinha. Renew Power is targeting to invest around Rs 44,000 crore till the end of FY26 to add up to 9 gigawatt of capacity, company's chairman and CEO Sumant Sinha said on Monday. The company, which has an installed capacity of 9.5 GW, is looking to invest both in

Sebi lifts ban against entities in Lux Industries insider trading case. Sebi on Monday revoked the securities market ban imposed on 14 entities in the matter of alleged insider trading in Lux Industries Ltd saying the charges levelled against them could not be sustained. The 14 entities include Udit Todi, the son of the managi

ASK Automotive collects Rs 250 cr from anchor investors ahead of IPO. Auto ancillary player ASK Automotive on Monday said it has mobilised a little over Rs 250 crore from anchor investors ahead of its initial share sale which opens for public subscription on Tuesday. The company has allotted 88.71 lakh equity shares to 25 fu

India's RR Kabel profit more than doubles on strong cables, wires demand. RR Kabel's consolidated revenue from operations rose almost 20% to Rs 1,610 crore, offsetting a nearly 15% climb in total expenses, led by a spike in raw material costs

Go First lenders to not release more funding to grounded airline: Report. "Now the situation is quite different and the future is bleak," said a banker with a state-run bank that has exposure to Go First

Blackstone expects most Asia deal activity in Japan and India in 2024. "India has the highest growth; it also has the most ebullient stock market," Joe Baratta, Blackstone's global head of private equity, said in an interview in Tokyo

Adani group said to be in talks to exit FMCG joint venture with Wilmar. This comes at a time when Adani Wilmar Ltd has been posting losses for two consecutive quarters

Amid increased consumption in India, IEX's electricity volume up 21%. According to the data for October published by GRID-India, the country's energy consumption jumped 22 per cent to 139 billion units as compared to that in 2022

Zydus gets USFDA nod for Zituvimet for type-2 diabetes mellitus treatment. The company said that Zituvimet has undergone quality testing for Nitrosamines and potential genotoxic impurities according to current FDA standards

E-commerce startup Udaan to trim costs, forge partnerships ahead of IPO. Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.'s Flipkart in helping smaller merchants source their goods, will make an operating profit within 18 months

L&T Construction to build Bhogapuram International Airport, Andhra Pradesh. In a regulatory filing, L&T said that the project will be developed to handle 6 million passengers per annum initially

Bharat Forge Q2FY24 result: Net profit jumps 51% YoY to Rs 214 crore. The total income for Q2FY24 came in at Rs 3,826.7 crore, compared to Rs 3,122.3 crore y-o-y, registering a rise of 22.56%

SAIL to increase coking coal purchases from Russia, expects 4 shipments. Australia accounts for more than half of India's coking coal imports of around 70 million metric tonnes a year. India also imports coking coal from Russia and the United States

Divi's Laboratories Q2FY24 result: Net profit dips 29% to Rs 348 crore. Divi's Labs Q2 result: The revenue from operations, however, rose 3 per cent to Rs 1,909 crore in the period from Rs 1,855 crore last year

Zerodha fixes tech glitch, says affected clients can only exit positions. A few days ago, the brokerage platform experienced similar problems with its order book

Byju's in talks to sell US unit Epic for 0 mn to ease financial pressure. Byju's and its creditors are locked in conflict over a missed interest payment on a term loan that the startup had taken out to help finance a global acquisition spree during the pandemic

Adani vs Hindenburg: Supreme Court to consider plea for listing of PILs. The Supreme Court on Monday said the apex court registry will look into the issue of listing for hearing PILs related to allegations of stock price manipulation by the Adani group. A bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala

Anant Raj plans 3 housing projects with revenue of around Rs 4,000 cr. Realty firm Anant Raj Ltd plans to launch three new housing projects in Gurugram and Andhra Pradesh during the next 6-9 months with an estimated sales value of Rs 4,000 crore, as it seeks to expand business amid strong demand for residential properties. De

Borosil Renewables net profit grows to Rs 30 crore in Jul-Sep quarter. Borosil Renewables on Monday posted a 25 per cent rise in its consolidated net profit to Rs 30.47 crore during September 2023 quarter, pushed by higher income. It had clocked a net profit of Rs 24.19 crore during the July-September period of preceding 2022

Telecom Italia approves KKR's bn grid bid in blow for Vivendi. Cash-burning TIM would also shed half of its 40,000 domestic staff and focus on its service operations

Latest stock market News for tomorrow Access previous news reports: 527528529530531532533534535536537538539540541542543544545

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