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NSE share market NEWS tomorrow (25 October, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (25 October, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 October 2023

Amber Enterprises was amongst the top gainers, currently trading at 2975.25 in NSE with 1.054 times change in volumes and 6.491% change in price. Other gainers included Bse with 4.777% price change and 0.678 times volumes, Angel One with 3.089% price change and 0.601 times volumes, Tata Elxsi with 2.846% price change and 1.689 times volumes, and Torrent Pharmaceuticals with 2.394% price change and 7.492 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.

Pg Electroplast was amongst the top losers, currently trading at 1906.60 in NSE with 0.459 times change in volumes and -6.729% change in price. Other losers included Rail Vikas with -4.184% price change and 1.415 times volumes, Varun Beverages with -4.178% price change and 2.808 times volumes, Mazagon Dock with -4.156% price change and 1.049 times volumes, and Kei Industries with -3.763% price change and 1.587 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.

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

Stationery player Cello World sets IPO price band at Rs 617-648 per share. The issue will open for public subscription on October 30 and conclude on November 1, and the anchor book of the offer will be opened for a day on October 27, according to the red herring prospectus

RGIC takes legal opinion on Hinduja's plan to extinguish ESOPs of RCAP. Hinduja-led IIHL -- the successful bidder for Reliance Capital under insolvency proceedings -- cannot extinguish the employees stock options (ESOPs) and other incentive schemes for the Reliance General Insurance Company (RGIC) employees, a subsidiary of Re

Anil Agarwal's Vedanta appoints Ajay Goel's as chief financial officer. Goel's last stint with Vedanta was as acting chief financial officer from October 2021 to April this year

Housing finance company Can Fin Home eyes Rs 6K cr disbursements in H2. Slippages from recast book to decline in H2

Coca-Cola sees double-digit volume growth in India in third quarter. The global cola giant reported an 8 per cent year-on-year jump in net revenue to million

Multiple green tech in cars to help meet net zero targets in India: Toyota. There is a need to support a multi-pathway approach in terms of green technologies in cars in a country as big and diverse as India to achieve carbon neutrality goals, a senior Toyota executive said on Tuesday. Multiple technology solutions at different pr

Skyroot unveils Vikram-1 rocket, set to launch satellites early next year. Space start-up Skyroot Aerospace on Tuesday unveiled its indigenously built Vikram-1 rocket which is expected to deliver satellites to low earth orbit early next year. Science and Technology Minister Jitendra Singh also inaugurated 'The MAX-Q Campus', the

79% consumers fed up with excessive convenience fee: LocalCircle survey. These charges, levied by ticket or service booking platforms like BookMyShow, PVR, IRCTC, can be as high as 20 per cent of the transaction value in some cases

'No objection' from stock exchanges for ICICI Securities' delisting plan. Sebi, on its website, has disclosed that it received a No-Objection Certificate (NOC) from the exchange on October 12 and that the brokerage firm's scheme was under process

Paytm's Vijay Shekhar Sharma launches AIF with target corpus of Rs 30 crore. The fund, which has been approved by the Securities and Exchange Board of India (SEBI), would see Sharma along with other external investors as contributors to the fund

SECL leads Coal India subsidiaries in cleanliness and scrap disposal. The Chhattisgarh-based arm of CIL has so far cleaned more than 90 sites in the headquarters and various operational areas

Adani Ports and SEZ incorporates wholly-owned aircraft leasing unit. Adani Ports and Special Economic Zone Ltd (APSEZL) on Monday said it has incorporated a wholly-owned aircraft leasing unit, Udanvat Leasing IFSC Ltd. The entity will have an authorised and paid-up share capital of Rs 2.5 crore. Udanvat has been incorporate

NCLAT dismisses plea to initiate insolvency proceedings against Inox Wind. The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea to initiate insolvency proceedings against Inox Wind by an operational creditor of the company. A three-member bench of the insolvency appellate tribunal also upheld the orders of t

Signature Global buys 26 acre land in Gurugram to build housing project. Realty firm Signature Global on Monday said it has acquired 25.75 acre land in Gurugram to develop a group housing project. The company did not disclose the deal value and the name of the seller. In a regulatory filing, Signature Global said the "company h

Peak XV's scale-up programme Surge announces the ninth cohort of startup. In Australia and Singapore, companies are developing platforms with emerging technologies in AI, deeptech and SaaS - a reflection of the remarkable growth these sectors have seen in recent years

Voltas working to transform into a full-fledged home appliance maker. Voltas is also reviving its plan to make AC compressors locally in partnership with a South Korean or Japanese firm

Vedanta CFO Sonal Shrivastava likely to quit months after joining firm. Sonal Shrivastava, who joined the company in June, informed Agarwal about her decision to leave last month, the people said, asking not to be named as the information is not public

Oberoi Realty sales bookings fell 17% to Rs 965 crore in Jul-Sep quarter. Oberoi Realty has reported a 17 per cent decline in sales bookings to Rs 965 crore in the second quarter of this fiscal. Its sales bookings stood at Rs 1,156 crore in the year-ago period. According to a regulatory filing on October 20, the company booked 1

As competition intensifies, UB attempts market expansion in premium segment. United Breweries account for about 50% of the segment which AB InBev follows at around 25%, while Carlsberg is the third largest company in the space with a share of around 18%

Genus Power Infrastructures arm bags order worth Rs 3,121.42 crore. Genus Power Infrastructures said that there is a possibility of seeing a "consistent and noteworthy surge" in order volumes over the upcoming quarters of the financial year 2023-24

E-commerce major Flipkart loss widens to Rs 4,890.6 cr in FY 2022-23. E-commerce major Flipkart India Private Limited has reported a widening of consolidated loss to Rs 4,890.6 crore in the financial year 2022-23, according to financial data provided by business intelligence platform Tofler. The Walmart group e-commerce firm

Aurobindo Pharma arm receives FDA nod for Testosterone Cypionate injection. According to research firm IQVIA, the approved product has an estimated market size of 6.8 million for the twelve months ending August 2023

Supriya Life targets 1-2% global mkt share with oral cancer detection kit. Quickblue is designed to detect oral cancer swiftly, eliminating the need for extensive preclinical and clinical trials

Virat Kohli, Anushka Sharma's Nisarga forays into motorsports events. As a partner, Elite Octane will execute various activities and create new platform segments, especially in the domains of motorsports and entertainment

NDTV Q2FY24 results: Net profit falls nearly 51%, revenue down 10%. Consolidated net profit was Rs 5.91 crore in the three months to Sept. 30, compared with Rs 12.01 crore a year earlier, it said in an exchange filing

Hindustan Foods Ltd to invest Rs 100 cr to in sports shoes manufacturing. Hindustan Foods Limited has entered into a sales and purchase agreement (SPA) to acquire 100 per cent of the shareholding of KNS Shoetech Private Limited from its existing shareholder

Mahindra Holidays Q2FY24 result: Profit dips 48% to Rs 21 cr; income up 7%. As compared to Rs 0.89 crore in Q1FY24, the net profit was up 2307.86 per cent

Reliance nears multibillion-dollar deal to buy Disney's India operations. The US entertainment giant may sell a controlling stake in the Disney Star business, which it values at around billion, as opposed to piecemeal transactions weighed earlier

Chevron to buy Hess for bn as biggest US oil firms get even bigger. Chevron is buying Hess Corp. for USD 53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors. The Chevron-Hess deal comes less than two weeks after Exxon Mobil said it would acquire Pioneer Natural Resour

NCEL gets Rs 7,000 cr orders, to share profit with member farmers: Shah. Cooperation Minister Amit Shah on Monday said the newly established National Cooperative for Exports Ltd (NCEL) has bagged orders worth Rs 7,000 crore so far and the export body will share at least 50 per cent profit with member farmers over and above the

Lloyds Metals Q2FY24 result: Profit up 62% YoY to Rs 231 cr, revenue up 61%. The company's total income for Q2FY24 stood at Rs 1,111.23 crore, compared to Rs 686.36 crore year-on-year

Tata Motors sets up 2 R&D facilities on H2 fuel tech, including ICE. In January this year, Tata Motors set an ambitious target of achieving net-zero emissions by 2045

PNB Housing Q2FY24 result: Profit up 45% YoY to Rs 383 cr, income up 5%. The company's retail loan asset grew by 12 per cent y-o-y to Rs 58,471 crore, which is 96 per cent of the loan asset

ONGC wins bid to acquire PTC India's wind power unit for Rs 925 crore. Oil and Natural Gas Corporation (ONGC) has won a bid to acquire PTC India Ltd's wind power unit for Rs 925 crore as the state-owned firm continues to build a renewable energy portfolio to balance its fossil fuel business. In a stock exchange filing, India'

BAM Digital Realty appoints CB Velayuthan as Chief Executive Officer. BAM Digital Realty, a joint venture between Brookfield Infrastructure and Digital Realty, on Monday announced the appointment of C B Velayuthan as its chief executive officer. BAM Digital Realty in July had announced that Reliance Industries would be joini

PNB Housing Finance Q2 results: Net profit rises 45.8% to Rs 383 crore. The net interest income (NII) inched 1.85 per cent up to Rs 661 crore from 649 crore. The Net Interest Margin (NIM) slipped down to 3.95 per cent from 4.14 per cent in Q2FY23

E-commerce firm Flipkart loss widens 45% to Rs 4,890.6 crore in FY23. The company's total expenses for the fiscal were reported as Rs 60,858 crore, an increase of 11.5 per cent from Rs 54,580 crore in the last fiscal

Ireda Q2FY24 result: PAT up 54% YoY at Rs 285 cr; net NPA down 39%. The central government enterprise reported 49% increase in income from operations and a surge of 17% in the enterprise's net worth

Torrent Pharma Q2 net profit rises 24% to Rs 386 cr on strong demand. Consolidated net profit was Rs 386 crore for the quarter ended Sept. 30, compared with Rs 312 crore a year earlier

Torrent Pharma Q2 results: Profit after tax up 24% to Rs 386 crore. The company exhibited a 2.66 per cent increase in revenue and was able to turn around the PAT by 2.09 per cent

5 accidents in 6 months: DGCA suspends flight training academy Redbird. This is not the first time DGCA has cracked down on flight training academies in the country

Akasa Air plans to list on bourses by end of the decade: CEO Vinay Dube. India's newest airline Akasa Air, which is set to soon fly on international routes and will be placing a three-digit aircraft order, plans to list on the bourses by the end of the decade, its Chief Executive Officer Vinay Dube told PTI. The 14-month-old Ak

Anant Raj Q2 results: Net profit jumps 79% to Rs 60.37 cr on higher income. Realty firm Anant Raj Ltd has reported a 79 per cent increase in its consolidated net profit to Rs 60.37 crore for the second quarter of this fiscal on higher income. The Delhi-based realty firm had posted a net profit of Rs 33.74 crore in the year-ago per

PhysicsWallah cautiously monitoring market for opportunities: CBO Rashid. Edtech firm PhysicsWallah has said it is cautiously monitoring the market for any opportunities that align with its vision, as it aims to be a sustainable company, not merely an initiative-driven one. The Noida-headquartered edtech company also said it has

SLMC plans to raise about Rs 700 cr IPO by mid-2024 for business expansion. Sohan Lal Commodity Management Pvt Ltd (SLCM) is planning to launch an initial public offering (IPO) in mid-2024 to raise about Rs 700 crore for business expansion, according to people familiar with the matter. SLCM is in talks with bankers and will seek a

Sikkim High Court stays Rs 628 cr GST demand order against Delta Corp. The Sikkim High Court has granted a stay on about Rs 628 crore GST demand order against Delta Corp, the casino and online gaming company said in a regulatory filing on Sunday. The government has raised a total GST demand of around Rs 23,000 crore against t

Air India Express will focus on routes with price-sensitive customers: MD. Air India's low-cost subsidiary Air India Express will focus on routes which have a higher component of price-sensitive customers and leisure travellers, airline's Managing Director Aloke Singh has said. Singh also said that Air India Express is not lookin

Developing 15 mn sq ft in Noida, expanding out of NCR: Bhutani Infra CEO. Real estate player Bhutani Infra is developing a 15 million square feet area in four projects in Noida and is expanding out of NCR for the first time in four locations, including Goa. Bhutani Infra CEO and founder Ashish Bhutani said outside NCR they are d

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