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NSE share market NEWS tomorrow (26 October, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 October, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 October 2023

Nuvama Wealth was amongst the top gainers, currently trading at 2704.55 in NSE with 2.82 times change in volumes and 7.028% change in price. Other gainers included Jsw Energy with 6.745% price change and 0.924 times volumes, Sona Blw with 6.514% price change and 5.069 times volumes, Inox Wind with 5.808% price change and 1.185 times volumes, and Angel One with 4.765% price change and 1.538 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.

Supreme Industries was amongst the top losers, currently trading at 4177.50 in NSE with 1.063 times change in volumes and -4.803% change in price. Other losers included One 97 with -4.424% price change and 0.684 times volumes, Jubilant Foodworks with -4.356% price change and 3.107 times volumes, Macrotech Developers with -4.271% price change and 1.514 times volumes, and Computer Age with -4.212% price change and 1.357 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.

Dixon Technologies Q2 results: Net profit rises 47% to Rs 113.36 cr. Dixon Technologies (India) Ltd on Thursday reported a 47 per cent rise in consolidated net profit to Rs 113.36 crore for the second quarter ended on September 2023. The company had posted a net profit of Rs 77.12 crore for the July-September period a year

Coromandel International Q2 results: Net profit rises 2% to Rs 755 crore. Coromandel's total income for the quarter ended September 2023 was at Rs 7,033 crore, versus Rs 10,145 crore for the quarter ended September 2022

Indian Bank Q2 results: Net profit rises 61% to Rs 2,068.49 crore. The total income of the Chennai-based bank also rose by 25 per cent during the quarter, reaching Rs 15,929.4 crore compared to Rs 12,714.2 crore in the same quarter of the FY23

Nokia bags WiFi6-ready broadband gear deal from Tata Play Fiber. Finnish telecom gear maker Nokia on Thursday said it has bagged a broadband gear supply deal from Tata Play Fiber to launch India's first WiFi6-ready broadband network. Nokia said with increasing broadband usage in both residential and enterprise areas, th

Asian Paints Q2FY24 results: Net profit rises 54% to Rs 1,205 crore. On a quarter-on-quarter (Q-o-Q) basis, the company's net sales decreased by 7.7 per cent, while net profit declined by 22.2 per cent

Ola Electric in 'giga' drive: Rs 3,200 crore to fund its EV business. The funds raised are expected to create an interim event and pave the way for an initial public offering (IPO), which may be in the range of 0 million to billion

PTC to divest 100% equity in energy arm for Rs 2,021 cr enterprise value. Power trading solution provider PTC India on Thursday said the company will divest its 100 per cent equity stake in its arm PTC Energy to state-owned upstream firm ONGC for an enterprise value of Rs 2,021 crore. "Bid submitted by ONGC is an all-cash bid of

Corning-Optiemus JV to roll out 1st Made in India smartphone glass by 2024. Initially, the smartphone cover glasses will be given premium finishing in the new facility to be built as part of the 70:30 joint venture between Optiemus and Corning

Vodafone Idea Q2 results: Consolidated net loss widens to Rs 8,738 crore. Debt-ridden telecom operator Vodafone Idea on Thursday said its consolidated net loss widened to Rs 8,737.9 crore in the second quarter ended September 30. The company had posted a net loss of Rs 7,595.5 crore a year ago. Its consolidated revenue from oper

Punjab National Bank profit zooms 327% to Rs 1,756 crore in Q2FY24. NII expanded by 29 per cent year-on-year to Rs 9,923 crore in Q2FY24. Sequentially, NII rose from Rs 9,544 crore in Q1FY24

Vodafone Idea Q2 results: Net loss surges 15.2% to Rs 8,746 crore. Company incurred higher expenses on rising finance cost, slow revenue growth

India will lead world in use of 5G for interesting applications: Ericsson. India will likely lead the way globally in use of 5G for new and interesting applications going ahead, given its unique and differentiated requirements, instead of simply following in the footsteps of other markets, according to Swedish telecom equipment m

SBI mulls to raise up to Rs 10,000 cr tier-II bond issue next week. The bonds are rated AAA by consulting and rating firms CRISIL and India Ratings

Aditya Birla Sun Life AMC Q2 results: Net profit declines 7% to Rs 178 cr. Aditya Birla Sun Life AMC, part of Aditya Birla Capital, on Thursday reported a seven per cent decline in net profit to Rs 178 crore in the September quarter. The asset management firm had posted a net profit of Rs 191.7 crore in the year-ago period, Adity

McLeod Russel to sell Vietnam unit Phu Ben Tea Company for .15 mn. Subject to the completion of the sale, PBTCL would cease to be a subsidiary of BTHL and a step-down subsidiary of McLeod Russel

Quick commerce platform Zepto's FY23 losses widen 3x to Rs 1,272 crore. The firm's total expenses came in at Rs 3,350 crore, a six-fold increase from Rs 532.7 crore in FY22. To earn a rupee, Zepto spent about Rs 1.7 during the year

Sundaram Home Finance Q2 results: Net Profit rises 18% at Rs 59.33 cr. Sundaram Home Finance has reported a 18 per cent increase in its net profit for the second quarter ending September 30, 2023 at Rs 59.33 crore, the company said on Thursday. The city-based wholly owned subsidiary of non-banking finance company Sundaram Fin

Renault, Nissan get CCI nod for rebalancing of existing cross-shareholdings. The Competition Commission of India (CCI) on Thursday said it has approved the deal involving the re-balancing of the existing cross-shareholdings between Renault and Nissan. Renault and Nissan are engaged in the sale of passenger vehicles and automotive p

Morgan Stanley names banking veteran Ted Pick as investment bank's next CEO. Banking veteran Ted Pick will become the next CEO of Morgan Stanley. Pick will succeed long-time CEO James Gorman effective Jan. 1. And Gorman, who announced his plans to step down in May, will remain at the bank as executive chairman of the board. Pick ha

In a 1st, artificial intelligence company from Silicon Valley enters Bihar. A Silicon Valley-based Artificial Intelligence company has opened an office in Bihar, making it the first IT company from the US to enter the state. Tiger Analytics, headquartered in Santa Clara, has opened its first office in Patna this month. We are hopi

Epsilon Advanced Materials to build 0 mn EV battery plant in US. EAM expects the North Carolina plant to reach full capacity by 2031, with a targeted annual production capacity of 50,000 standard tons of anode materials

Logistics operator Allcargo plans to achieve carbon neutrality by 2040. Logistics operator Allcargo Group plans to achieve carbon neutrality by 2040 and will only partner with carriers using greener fuels, according to the company's latest ESG report. India is working on achieving its net zero emission targets by 2070 and atta

Google to introduce new immersive AI-powered upgrades to its Maps app. Chris Phillips, Vice President and General Manager of Geo at Google, stated that AI has "supercharged the way we map"

TotalEnergies sticks to share buyback plans despite net income dro. Its shares dipped 0.34% in early trading

Mastercard forecasts weaker revenue growth on economic slowdown fears. "This was a disappointing quarter, in our view, as guidance fell just short of likely elevated expectations," Edward Jones analyst Logan Purk said

Here's why Disney's deal to sell Indian ops will follow Murdoch's logic. The Star India business came to Disney as part of a billion global acquisition of 21st Century Fox Inc.'s entertainment assets

Toyota initiates process to enhance manufacturing capacity in India. Japanese auto major Toyota Motor Corporation has initiated the process to enhance manufacturing capacity in India with two plants running at full capacity in the country, a senior company official said on Thursday. Speaking to media on the sidelines of the

Zen Technologies secures Rs 100 cr order from MoD for tank training system. Zen Technologies had won an order for anti-drone systems worth Rs 227.65 crore and orders worth Rs 202 crore from the defence ministry earlier this year

Canara Bank Q2FY24 result: Net profit jumps 42% to Rs 3606 cr; NPA down 27%. The net interest income (NII) for Q2FY24 came in at Rs 26,837.68 crore, compared to Rs 20,106.92 crore year-on-year

ONGC hopes to recover over 0 mn dividend as Venezuela sanctions eased. The Biden administration on Wednesday eased sanctions on Venezuela's oil sector after the government and opposition parties reached a deal for the 2024 election

Airtel logs 1.7 mn unique 5G customers in Northeast, covers 110 districts. In October, Bharti Airtel said it has over 50 million unique 5G customers on its network

PNB Q2 results: Net profit surges 327% to Rs 1,756 cr, gross NPAs at 6.9%. PNB Q2 results: The bank's gross non-performing assets (NPAs) fell to 6.96% as of September 30, as compared to 7.73% in the previous quarter

ACC Ltd Q2FY24 result: Consolidated net profit at Rs 387 cr; revenue up 11%. The total income for Q2FY24 came in at Rs 4,644.78 crore, compared to Rs 4,057.08 crore year-on-year, registering a rise of 14.48 per cent

Asian Paints Q2 result: Consolidated profit jumps 53% YoY to Rs 1,232 cr. The company announced an interim dividend of Rs 5.15 per share

McDonald's India franchisee Westlife's PAT falls to Rs 22.37 cr in Q2FY24. The franchisee said consolidated net profit after tax fell to Rs 22.37 crore (.7 million) in the July-September quarter from Rs 31.54 crore a year earlier

Canara Bank Q2FY24 result: Net profit rises 42.8% at Rs 3,606 crore. Healthy NII growth, stable asset quality props up bottom-line

Wardwizard to invest Rs 2,000 cr to develop EV ancillary cluster in Gujarat. Vadodara-based electric vehicle (EV) maker Wardwizard Innovations & Mobility on Thursday signed an initial pact with the Gujarat government to invest Rs 2,000 crore to develop an EV ancillary cluster by 2024. The proposed investment will be on research and

Suzuki to introduce three-cylinder engines: Why is this a big deal?. Suzuki has continued with its four-cylinder engines at a time when most carmakers have shifted to three-cylinder units

Unilever CEO Schumacher's strategy plan fails to excite investors: Report. Consumer goods industry has struggled for more than two years with soaring costs

Embassy REIT Q2 results: Revenue from operation up 4% to Rs 889 cr. Embassy Office Parks REIT on Thursday reported 4 per cent annual growth in revenue from operations at Rs 889 crore for the second quarter of this fiscal year and declared distribution of Rs 524 crore to unitholders. Revenue from operations stood at Rs 857.

Ola Electric raises Rs 3,200 cr from investors, SBI to fund EV biz. Ola Electric on Thursday said it has raised Rs 3,200 crore from Temasek-led investors and State Bank of India. The company announced the successful closure of the funding round from Temasek-led investors and State Bank of India. The funds raised would be u

PMI Electro Mobility raises Rs 250 crore from Piramal Alternatives. The funds will be used to develop innovative solutions, bring technological advancements to its production capabilities and scale its operations

Infosys, Smart Europe ink 5-year pact to redefine e-mobility experience. Infosys said it will leverage its technical expertise and design thinking-led consulting approach to enable Smart Europe GmbH to derive "exceptional value" from software, data, and cloud investments

Mobikwik's Zaakpay gets in-principle nod to operate as payment aggregator. The Reserve Bank of India has allowed the payment gateway to onboard new merchants to its platform

Colgate-Palmolive India Q2 results: Net profit rises 22% on higher demand. ntensive marketing efforts and increased distribution, meanwhile, have boosted demand in rural areas

Case to break up Google hinges on 'four taps and a swipe': Report. Microsoft ended up losing its monopoly trial, but after an appeal the company settled in the early aughts with the Justice Department

Piaggio Vehicles sells about 26,000 units of electric 3-wheelers in 2023. Piaggio Vehicles Pvt Ltd, the subsidiary of Italian automaker Piaggio & C. SpA, has sold about 26,000 units of its electric three-wheelers this year. The Indian subsidiary had retailed about 12,000 units last year, Amit Sagar, the company's Executive Vice

Adani Group seeking to raise bn to fund green hydrogen plans. Tycoons like Adani and his rival Mukesh Ambani are betting on green hydrogen as Prime Minister Narendra Modi seeks to establish India's leadership in the transition toward cleaner technology

Google, Nvidia back startup that helps navigate AI chip shortage. Big-name backers are betting on young firms like CentML to find innovative ways around those constraints

Renault lines up € 3 bn investment, 8 new models to expand global reach. International Game Plan for 2027 to include areas outside Europe, including India

Valvoline targets double-digit market share growth in India over 5 years. The company is striving to establish a comprehensive ecosystem for its customers, offering a full spectrum of products, including lubricants, grease, diesel exhaust fuel, and more

NCLT dismisses petition against Bajaj Hindustan after withdrawal by SBI. The company owed banks about Rs 4,771 crore and had availed itself of two debt-restructuring schemes, leading to steep haircuts taken by the lenders

Jio, Plume partner to provide smart home, small biz services to subscribers. Telecom operator Reliance Jio Infocomm on Wednesday announced a partnership with Plume to provide smart home and small business services to its subscribers in the country. The alliance will deliver services, through Plume's scalable cloud platform, to abou

Rallis India Q2 results: PAT up 13.88% to Rs 82 crore, revenue down 12.51%. Tata group firm Rallis India on Wednesday reported a 13.88 per cent growth in profit after tax (PAT) for the quarter ending September 30 to Rs 82 crore compared to the same period of the previous financial year. The company posted a PAT of Rs 72 crore for

HMD Global expects 25-30% sales growth in Nokia phones with Easy Pay launch. Nokia brand mobile device maker HMD Global expects a 25-30 per cent increase in sales in handsets on the back of the introduction of Easy Pay finance option for customers, a senior company official said on Wednesday. HMD Global has partnered with DMI Finan

Axis Bank net profit up 10% to Rs 5,864 crore, asset quality improves. The net interest income (NII), the difference between interest earned and interest expended, grew by 18.86 per cent to Rs 12314.6 crore in Q2FY24 as against Rs 10360.3 crore for Q2FY23

Daewoo enters Indian consumer electronics market via Kelwon Electronics. South Korean brand Daewoo has entered into fast-growing Indian consumer electronics and appliances market through its licensee partner Kelwon Electronics & Appliances, which has plans to invest around Rs 300 crore in the next three years. Kelwon, which sel

Gulf Oil Lubricants India PAT grows 41% to Rs 73.63 cr in Sept quarter. Lubes maker Gulf Oil Lubricants India on Wednesday said its profit after tax grew 41.22 per cent year-on-year to Rs 73.63 crore in the September quarter. The company had booked a Profit After Tax (PAT) of Rs 52.14 crore in the second quarter of fiscal 2022

GMR Airports purchases 11% more stake in GMR Hyderabad Airport for 0 mn. GAL also owns a majority in Delhi International Airport Limited (DIAL), which runs the Delhi airport

TCS gets notice from Maha Labour Ministry over lateral onboarding delay. While the number of lateral employees impacted by this delay could not be confirmed, according to NITES complaint filed in July, over 200 employees were impacted

Sona BLW Precision Forgings Q2 results: Net profit rises 34% to Rs 124 cr. Revenue during the second quarter of the current fiscal increased 20 per cent to Rs 791 crore compared to Rs 657 crore in the July-September period of the previous fiscal, the company said

CMS Info System Q2 net profit up 16%, managed ATM services income grows 26%. CMS Info System Ltd stock closed two per cent higher at Rs 368.75 per share on BSE

Indus Towers Q2 results: Net profit increases 49% to Rs 1,295 cr. Telecom infrastructure company Indus Towers on Wednesday posted a 49 per cent increase in consolidated net profit to Rs 1,295 crore in the September quarter. The company had posted net profit of Rs 872 crore in the year-ago period. The consolidated revenue

NFRA probing Adani Group's auditor SR Batliboi, an EY member firm. In a statement on Wednesday, Adani Group rejected any suggestions that the company and its business have not acted as per the regulations and accounting standards of the jurisdictions they operated in

Essar plans to make Saudi Arabia regional hub to drive expansion locally. Saudi Arabia has been trying to shift its economy away from oil and is aiming to manufacture more than 300,000 cars annually by 2030

Tata-owned Air India Express to double its pilot count in next one year. Air India Express is in the process of merging low-cost domestic carrier AirAsia India with itself, and last week unveiled its new brand identity

TCS to revise rates for staffing cos to enhance transparency, better talent. The changes in rate cards are for contract staffing employees and not for permanent employees. TCS is revamping its hiring mechanism

GIC collaborates with Vedanta's Sterlite Transmission for bn venture. GIC will put up 0 million in the infrastructure business for a 49 per cent stake. This investment will depend on Sterlite Power winning project tenders

Jio can deploy 5G cell every 10 sec, deployed 85% 5G in India: Akash Ambani. Telecom major Reliance Jio has deployed 85 per cent 5G network in India and has the capability to deploy one 5G cell in every 10 seconds, the company's Chairman Akash Ambani said. According to a statement released by broadband speed and quality measurement

New Renault Duster to get three engine options; global debut on Nov 29. The new Duster will likely be launched in the Indian market by 2025. Along with the 5-seater Duster, Renault is planning to launch a 7-seater version of the car which will be called "Bigster"

Welspun India Q2FY24 result: Net profit jumps 2305% YoY to Rs 200.4 cr. The revenue from operations for Q2FY24 stood at Rs 2,509.08 crore, compared to Rs 2,113.46 crore year-on-year

SR Batliboi, an Adani Group auditor and EY member firm, faces NFRA inquiry. The National Financial Reporting Authority, or NFRA, has in recent weeks started an inquiry into one of the member firms of EY in India

Axis Bank Q2FY24 result: Net profit up 10% to Rs 5,864 crore, NII up 19%. Axis Bank's gross non-performing assets (NPAs) stood at 1.73% as compared to 1.96% in the previous quarter

Tech Mahindra Q2FY24 result: Net profit falls 61% YoY to Rs 505 crore. The consolidated revenue from operations for Q2FY24 came in at Rs 12.86 crore, compared to Rs 13.12 crore year-on-year

TVS Motor onboards ION Mobility to enter sports scooter sector in Indonesia. TVS Motor Company on Wednesday announced it is extending collaboration with Singapore-based tech startup ION Mobility for its entry in the sports scooter segment in Indonesia. The entry will be through Project Dynamo, ION Mobility's conceptual adaptation o

Jubilant Foodworks Q2FY24 result: Net profit at Rs 97 cr YoY; revenue up 5%. The revenue from operations for Q2FY24 came in at Rs 1,368.6 crore, compared to Rs 1,301.5 crore year-on-year

Hilton's revenue rises by 12%, beat estimates on record lodging prices. The U.S. hospitality industry in recent months has benefited from pricier rates and a strong rebound in international travel as consumers take advantage of a strong dollar

Network18 Media Q2 results: Net loss at Rs 111 cr, revenue up 20%. Network18 Media & Investments Ltd on Wednesday reported a consolidated net loss of Rs 111.17 crore for the second quarter ended September 30. The company's investments in sports and digital platforms, which are new growth verticals for the company, led to

CRC Group eyes Rs 1,200 cr revenues from new commercial project in Noida. Realty firm CRC Group is expecting revenues of Rs 1,200 crore over the next four years from a premium commercial project in Noida, comprising 24 lakh square feet of built-up area. The company has acquired 11 acres land in Sector 140 A, Noida in Uttar Prade

Boeing trims annual 737 delivery forecast due to supplier errors. It also plans to meet a delivery target of at least 70 widebody 787 Dreamliners in 2023 and is transitioning from a production rate of four to five jets per month

Microsoft extends cloud lead over Alphabet, focuses on OpenAI, big clients. Gains in the shares of Microsoft were set to add about billion to its market capitalization.

Microsoft-backed AI safety forum names first director, plans advisory board. The Frontier Model Forum is backed by ChatGPT-owner OpenAI, Microsoft, Google's parent Alphabet and AI startup Anthropic

IOC starts producing 'reference' petrol, diesel for testing automobiles. Indian Oil Corporation (IOC) has begun producing specialised 'reference' petrol and diesel, which are used for testing automobiles, for the first time in India, sources said. These fuels, which have higher specifications, are critical for calibrating and t

MS Dhoni-backed drone startup Garuda Aerospace raises funding of Rs 25 cr. "This fresh capital infusion will play a crucial role in accelerating our growth and enhancing our capabilities to meet the escalating market demand," said Agnishwar Jayaprakash

Hinduja aims for value creation of -40 bn from the BFSI sector by 2030. Hinduja Group is betting big on the Banking, Financial Services, and Insurance (BFSI) sector, targeting to have a value creation of USD 35-40 billion in the next five to seven years by adding more verticals to fill up the gaps, said Ashok P Hinduja, Chairm

Amazon rolls out independent cloud for Europe to address privacy standards. Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face in the European Union. Amazon Web Services said on Wednesday that its AWS European Sovereign Cloud, which wil

KPMG India, Vianai Systems sign pact for AI-based conversational finance. KPMG in India on Wednesday said it has formed an alliance with human-centred AI platform and products firm Vianai Systems for AI-based conversational finance to help finance professionals. The joint offering will leverage Vianai's hila Enterprise fine-tuni

UltraTech Cement may present details of second phase of expansion by Dec. Company likely to present details of its second phase of expansion by December this year

India's copper industry has a new entrant, incumbents not worried. For 2022-23 (FY23), India's domestic copper production was estimated at half a million tonnes

Vummidi Bangaru Jewellers forays into US market, to invest Rs 1,850 cr. Over century-old noted jewellery retailer Vummidi Bangaru Jewellers has forayed into the United States market with the launch of a new store in Dallas, the company said on Wednesday. Over the next three years, the company has planned to strengthen its pres

PayMate India achieves TPV of Rs 84,519 cr, 8 fold increase in FY23 profit. "During the last financial year, we focused on operational efficiency and driving growth," said Ajay Adiseshan, founder and CEO of PayMate

Tech Mahindra Q2FY24 result: Net profit down 61.6%, revenue drops 2%. This is the biggest fall in net profits over a decade, as the company braced for budget tightening by clients

JSW steel boss says 'nothing concrete' with Canada's Teck Resources. Acharya said the diplomatic row should not impact business decisions, adding "let us see how those situations evolve"

Lotte planning to invest Rs 550 cr to expand ice cream business in India. The company plans to develop a state-of-the-art manufacturing plant in Maharashtra's Pune district which is expected to become operational by June 2024

Byju's CFO quits, rejoins Anil Agarwal's Vedanta to oversee restructuring. Ajay Goel will be returning to Vedanta, which he had quit in April, in time to help with splitting the metals firm into six listed companies, they said

Byju's CFO Ajay Goel returns to Vedanta Ltd to oversee restructuring. The development comes at a time when the firm was to present its audited financials for FY22 in the second week of October

Global solar projects set to win more than 0 bn investment this year. Investment is increasing in the global solar energy projects, and is expected to be more than USD 380 billion this year, the International Solar Alliance (ISA) Director General Dr Ajay Mathur has said. Mathur made these remarks on Monday on the sidelines o

Ikea ordered to pay Rs 3,000 for asking customer to buy Rs 20 carry bag. Ikea will have to pay Sangeetha Bohra a sum of Rs 20 with interest, Rs 1,000 towards damages and Rs 2,000 towards litigation expenses

Malaysia gives nod to Lynas to process rare earths until March 2026. Malaysia's government said on Tuesday it will allow Lynas Rare Earth to continue to import and process rare earths until March 2026, after the Australian miner proposed a new technology to extract radioactive elements from the waste it produces. The Lynas

Amazon rolls out passkey support on browser, iOS devices for better safety. Passkey eliminates the step of entering the Amazon password. This is achieved by using the credentials to unlock the device

Latest stock market News for tomorrow Access previous news reports: 535536537538539540541542543544545546547548549550551552553

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