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

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

Iifl Holdings was amongst the top gainers, currently trading at 672.30 in NSE with 21.342 times change in volumes and 6.495% change in price. Other gainers included Supreme Industries with 4.26% price change and 5.975 times volumes, Multi Commodity with 4.133% price change and 3.995 times volumes, Kalyan Jewellers with 3.444% price change and 1.661 times volumes, and Nmdc with 3.346% price change and 0.842 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.

Phoenix Mills was amongst the top losers, currently trading at 1924.95 in NSE with 0.446 times change in volumes and -4.45% change in price. Other losers included Kfin Technologies with -2.337% price change and 0.726 times volumes, Divi S with -2.146% price change and 2.502 times volumes, Avenue Supermarts with -2.008% price change and 1.988 times volumes, and Nestle India with -1.893% price change and 0.954 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.

Muted revenue growth, higher profitability for RIL in quarter ending Sept. RIL's refining segment gains are expected to be partially offset by a slump in petrochemical margins and planned shutdowns at the refining facilities

AI startup Leucine gets mn funding from Ecolab Inc, angel investors. Leucine's platform can be rolled out in as little as eight weeks, thanks to its proprietary AI-enabled digital process builder

Grasim Industries to raise Rs 4,000 crore through rights issue of shares. The fund raise comes a month after of the textile-to-chemicals maker announced plans to enter the paint business under the brand name 'Birla Opus' in the fourth-quarter of fiscal 2024

BimaKavach receives IRDAI's approval for direct insurance broking. In 2022, the company secured million in funding from WaterBridge Ventures, Blume Ventures, Arali Ventures, and Eximius Ventures

NLCIL incorporates wholly-owned arm NIGEL for commissioning green projects. NLC India Ltd on Monday said it has incorporated a wholly owned arm NLC India Green Energy Ltd (NIGEL) for commissioning of green projects. NIGEL will take care of planning, participating in upcoming renewable energy tenders, execution and commissioning of

Chennai firm Data Patterns inks strategic MoU with Isro, to acquire SAR. SAR technology is capable of generating high-resolution images from space, unaffected by weather conditions, and can collect data during both day and night

HDFC Bank's bad loan jumps, margin narrows post-merger, Q2 profit up 50.6%. Net interest margins, which had been above 4 per cent for many years, dropped to 3.4 per cent in the July-September period, largely owing to the higher cost of funds from the erstwhile HDFC

Bofa Securities, Societe Generale offload Delta Corp shares worth Rs 56 cr. Two entities -- Bofa Securities Europe and Societe Generale -- on Monday offloaded shares of Delta Corp Ltd for Rs 56 crore through open market transactions. Following the sale, shares of Delta Corp tumbled 8.18 per cent to close at Rs 128.55 apiece on the

NCLT has considered SBI petition for withdrawal: Bajaj Hindusthan Sugar. The company owed banks around Rs 4,771 crore and had availed itself of two debt-restructuring schemes, leading to steep haircuts taken by the lenders

Ford executive chair Bill Ford calls on autoworkers to end strike. Ford Motor Co. Executive Chairman Bill Ford called on autoworkers to come together to end a monthlong strike that he says could cost the company the ability to invest in the future. In a rare speech during contract talks in the company's hometown of Dearbo

Jio Financial Services' net profit doubles sequentially in Sept quarter. A R Ganesh appointed group chief technology officer

TPREL & Endurance Tech to set up 12.5 MW captive solar plant in Maharashtra. Tata Power Renewable Energy Ltd (TPREL) on Monday said it has signed an agreement with Endurance Technologies Ltd for setting up a 12.5 MW captive solar plant in Maharashtra. It has already signed a Power Delivery Agreement (PDA) with Endurance Technologie

Bitcoin gives up gains after BlackRock denies ETF approval report. In a post on X, Coin Telegraph apologized for its earlier post, which it said "led to the dissemination of inaccurate information"

Midcap IT services company Mphasis appoints Ayaskant Sarangi as CHRO. Before joining Mphasis, Sarangi served as CHRO at Wipro Enterprises, where he led human resources functions

Ceat Q2 PAT jumped 32-fold, helped by better product mix, price hikes. The company declared results post market hours. The company's stock was down marginally (1.7 per cent) on the BSE to Rs 2,101 apiece

India should look at making niche, medium-sized vessels: Cochin Shipyard MD. India can be in a "positive spot" when it comes to ship building prospects and the country should look at making niche, technologically-advanced vessels rather than large bulk carriers, according to a senior industry official. Cochin Shipyard Ltd's Chairma

Travel platform Yatra Online reports Q1 net profit of Rs 5.99 crore. Platform sees strongest quarter on the air front since Covid

Godrej Interio aims Rs 450 crore revenue from north India by FY26. Godrej Interio, a leading furniture and interior solutions brand, said it aims to generate Rs 450 crore revenue from northern India by FY26. Besides, it also looks to almost double its market share in the organised furniture sector in Delhi-NCR, the bigges

Meesho sees record 16 mn new app installs during Mega Blockbuster sale. With 1.2 billion customer visits, categories such as home and kitchen, fashion as well as beauty and personal care garnered more than 72 orders per second

Zydus Lifesciences appoints Punit Patel as president & CEO of Americas. Punit Patel will oversee the business operations of all Zydus entities in North America, including generics, injectables, specialty business, rare and orphan disease portfolio

OYO launches 60% festive discount for Indian tourists visiting Dubai. OYO has a network of more than 130 properties including OYO Smart and OYO Homes in Dubai

Federal Bank's standalone net profit rises 36% to Rs 954 crore in Q2. Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profit for the second quarter of this fiscal at Rs 953.82 crore, helped by rise in net interest income. The south-based lender had posted a net profit of Rs 703.7

Federal Bank Q2 results: Standalone net profits up 35% YoY, NPAs down 2.26%. The bank's Net Interest Income (NII) stood at Rs 2,056.4 crore, up by 16.7 per cent Y-o-Y

Bank of Maharashtra Q2 results: Profits up 71% YoY, NPA down 2.19%. Gross NPA down to 2.19% from 3.40% last year and net NPA down to 0.23% from 0.68% last year

Zydus appoints Punit Patel as President & CEO for North American Operations. Punit Patel brings over 20 years of experience in both generic and branded pharmaceutical sectors

Engine lessor and SpiceJet arrive at million interim settlement: Report. The engine lessor has agreed not to pursue the stay application against SpiceJet for the time being

Skootr gives on lease 21,000 sq ft to US based Pinnacle in Hyderabad. Co-working firm Skootr has provided on lease 21,000 square feet office space to US-based Pinnacle at its new centre in Hyderabad. Real estate consultant Colliers India facilitated the leasing deal. Pinnacle, a leading industrial reliability solutions compa

Infosys opens new development centre in Vizag to upskill employees with AI. Spanning 83,750 square feet, the facility is designed to accommodate approximately 1,000 employees and provide greater flexibility for hybrid working arrangements

OYO platform to get 750 hotels in next 3 months to tap peak travel season. Hospitality technology firm OYO on Monday said it will add 750 hotels on its platform in the next three months in over 35 leisure markets to tap the festive and winter tourism season. Majority of the new hotels will be incorporated under OYO's premium bran

REC to finance 2 green hydrogen, thermal project worth Rs 40,000 crore. State-owned REC Ltd on Monday announced signing of initial pacts to finance two green hydrogen and a thermal power project in Odisha. REC has signed an MoU with Odisha Power Generation Corporation (OPGC) to finance Rs 9,538 crore for development of two uni

Ola, Uber drivers go on strike demanding better remuneration, bike taxi ban. A large section of cab drivers of Ola and Uber went on a strike on Monday demanding fare regulation, a ban on bike taxi services that they say are eating up their revenue, and stringent action on certain toll booths functioning beyond their contract period

Karur Vysya Bank net profit surges 51% to Rs 378 cr in quarter ending Sept. Total advances were Rs 70,448 crore, marking a 15.32 per cent growth from Rs 61,086 crore in the previous year

Proportion of new deal wins into revenues intact, says TCS official. The proportion of new deal wins into revenues is "intact", a senior official at largest IT services company TCS has said, attributing the sluggish revenue growth to the adverse impact on discretionary demand because of economic headwinds. Stating that disc

Hiranandani Group to invest Rs 2,000 cr on new housing project in Mumbai. Realty firm Hiranandani Group will invest Rs 2,000 crore to develop the first phase of its luxury housing project comprising 330 units at Powai in Mumbai and has already sold 150 units for Rs 1,100 crore within the first week of launch. In a statement on M

HDFC Bank Q2 result: Net profit rises 50% to Rs 15,796 crore; NII up 30.3%. Net interest income (NII) for the Q2FY24 grew by 30.3 per cent to Rs 27,385 crore from Rs 21,021 crore for the Q2FY23

Will file much-delayed March 2022 financial results this week, says Byju's. Byju's, which has missed payment on a .2 billion term loan, said it's completed a long-awaited audit of all group units. Parent Think & Learn Pvt Ltd

Signature Global cuts net debt by 66% in last six months to Rs 370 crore. Realty firm Signature Global's net debt declined 66 per cent to Rs 369.96 crore at the end of the September quarter from Rs 1,093.89 crore at the end of last fiscal year. "Our net debt reduced to Rs 369.96 crore at the end of HI, FY24 from Rs 1,093.89 cror

Tata Steel arm TCIL net loss narrows to Rs 2.29 crore in Sept quarter. The Tin Plate Company of India Ltd (TCIL) on Monday said its net loss had narrowed to Rs 2.29 crore in the September quarter. It had clocked a net loss of Rs 35.10 crore during the July-September period of the preceding financial year, TCIL said in a regul

ICICI-Videocon scam: SC issues notice on plea challenging Kochhar's bail. The CBI arrested the Kochhar couple on December 23, 2022, in connection with the Videocon-ICICI Bank loan fraud case

Apollo Health targets high-end customers with new 'boutique' hospitals. According to Apollo's Q1FY2024 results, both Spectre and Cradle Royale showed a combined in-patient Average Revenue Per Patient of Rs 2.12 lakh

Wealthy Indian diaspora wooed by DLF to buy luxury apartment for investment. Earlier this year, DLF had sold 1,137 apartments costing almost a million dollars each in just three days

Groups working overtime to harm our name: Adani Group on Dubey-Moitra spat. In its statement the Adani Group said these charges reveal an arrangement to hurt the groups reputation

Petromin, HPCL partner to launch 1,000 vehicle service centres across India. Hindustan Petroleum Corporation Limited (HPCL India) in partnership with Saudi Arabia-based Petromin Corporation on Monday launched the first set of 16 express vehicle service centres in Bengaluru and Chennai. These are the first of 1,000 'HP Petromin Expr

Cashfree Payments, Global Trade Plaza partners to lift cross-border payment. Exporters will also receive auto-generated foreign inward remittances advice (e-FIRA), the company stated

Spicejet, lessor reach interim settlement, next hearing in February. SpiceJet is supposed to pay over million to the engine lessor by January according to settlement terms

SIDBI & GAME onboards 18 cohorts to NBFC Growth Accelerator Program. The joint initiative by SIDBI and GAME is expected to bolster the lending capacity of MSME focused NBFCs

Jio Financial Services Q2 results: Net profit surges 101% to Rs 668 crore. Total income rose by 46.8% to Rs 608 crore from Rs 414 crore in Q1FY24. Expenses up by 32.7% at Rs 71.43 crore from Rs 53.81 crore quarter on quarter

Jai Balaji Industries profit jumps to Rs 201 crore in Sept quarter. Jai Balaji Industries Ltd, on Monday reported a steep jump in profit to Rs 201 crore for the September quarter. It had reported a profit of Rs 21 crore in the year-ago period. The company attributed the increase to improved sales and a substantial increase

Pfizer cuts full-year outlook due to declining sales of Covid-19 products. Shares of Pfizer are in retreat on the first day of trading after the drug company said sales of its COVID-19 vaccine and its coronavirus treatment are in less than expected and cut revenue expectations for the year by USD 9 billion. Falling sales of both

JK Paper to acquire Manipal Utility Packaging Solutions for Rs 90 crore. JK Paper Ltd on Monday said it will fully acquire Manipal Utility Packaging Solutions Pvt Ltd for nearly Rs 90 crore. The company has entered into a share purchase agreement (SPA) for the acquisition of 100 per cent shares of Manipal Utility Packaging Solu

KEC International bags new domestic, global orders worth Rs 1,315 cr. Infrastructure company KEC International on Monday announced securing new orders totalling Rs 1,315 crore in India and international markets. The orders have been bagged by the company's Transmission & Distribution (T&D) business in the domestic market apa

ICICI Securities reports 41% growth in PAT to Rs 424 cr in Sept quarter. ICICI Securities, a part of the ICICI Group, on Monday reported a 41 per cent year-on-year growth in profit after tax to Rs 424 crore in three months ended September. In comparison, the company had posted a PAT (profit after tax) of Rs 300.4 crore in the y

Tyre maker Ceat reports steep rise in Q2 net profit at Rs 207.72 crore. Tyre maker CEAT Ltd on Monday reported a steep rise in consolidated net profit at Rs 207.72 crore for the September quarter. The company had posted a consolidated net profit of Rs 6.44 crore in the year-ago period, CEAT Ltd said in a regulatory filing. Con

Recruitment scam: IT company TCS fires 16 employees, bars 6 vendors. India's largest IT services company TCS on Sunday said it has fired 16 employees and barred six vendors in connection with a recruitment scam. Our investigation found 19 employees to be involved16 employees have been separated from the company for code of

Akasa cancels flights from Bengaluru, airline says network 'rationalised'. Akasa Air, which is facing headwinds due to pilot issues, has cancelled some flights from Bengaluru, sources said on Thursday, while the airline stated it has rationalised the network to ensure high operational reliability. Bengaluru is the hub for the car

MO Alternates, Temasek, Paragon to invest Rs 800 crore in Niva Bupa. Health insurer Niva Bupa on Thursday said a clutch of private equity funds have committed to invest Rs 800 crore in the company. India Business Excellence Fund IV (MO Alternate Investment Advisors), Temasek and Paragon Partners Growth Fund II will be inves

Delhi HC stays proceedings against Hero MotoCorp, chairman Pawan Munjal. The stay on the operation of the FIR as well as the trial court order will remain in force till December 6, the next date of the hearing

Wadias likely to leave Go First, show no intent to bid for grounded airline. Cash-strapped Go First filed for bankruptcy in May, blaming 'faulty' Pratt & Whitney engines for the grounding of about half its fleet

Accenture skips pay hikes and promotions in India and Sri Lanka this year. The US-based IT firm has cited challenging macro environment and slower growth than was initially planned as reasons for skipping pay hikes during the company's financial year (September to August)

Indian Oil to invest Rs 1,660 cr in exchange for 50% stake in JV with NTPC. Indian Oil also announced the appointment of Anuj Jain as its chief financial officer

Indian patent office to hire 900 people to enhance manpower: DPIIT secy. Indian patent office (IPO) will be hiring 900 more people with a view to enhance manpower for processing the increasing number of intellectual property applications, a top government official said on Friday. Secretary in the Department for Promotion of Ind

Puma signs Shami as its brand ambassador, launches new spikes for pacers. Puma has already onboarded Virat Kohli, Usain Bolt, Neymar Jr, Sunil Chhetri, MC Mary Kom, Harmanpreet Kaur, Harleen Deol, and Avani Lekhara as its brand ambassadors

Mphasis acquires Salesforce service partner Silverline for over 2 mn. Mphasis says the deal is part of its plan to prepare for future applied technology and predict trends

Zomato launches intra-city 'Xtreme' logistics service for merchants. As is the case with Zomato's food delivery service, merchants will be able to livetrack their shipments

HDFC Life Insurance Q2 profit rises 15.5% on strong premium growth. The Mumbai-based insurer's profit after tax rose to 3.77 billion rupees (.30 million) for the quarter ended Sept. 30, from 3.26 billion rupees a year ago, it said in an exchange filing

IndiGo co-founder Gangwal in talks to buy 'sizable' stake in SpiceJet. IndiGo shares were up 0.9% in afternoon trading on Friday

Amazon, Exxon hydrogen hubs set to receive portions of bn US Funds. The hydrogen hub awards, which were funded in 2021's bipartisan infrastructure law, mark the culmination of a furious race between states

Lupin receives tentative approval from US FDA for apalutamide tablets. Lupin develops and commercialises a wide range of branded and generic formulations, biotechnology products, and Active Pharmaceutical Ingredients (APIs) in over 100 markets

Kothari Industrial sets up a drone division to serve agricultural lands. Kothari Industrial Corporation Ltd, part of the DC Kothari Group, has set up a separate drone division to deploy drone technology in farmlands, the company said on Friday. Under this initiative, Kothari Industrial Corporation Ltd has planned to work out a

Vivo PMLA case: Court extends ED custody of accused by three days. The Enforcement Directorate (ED) on Friday sought extension of the custody of four people arrested in a money laundering case against Chinese smart phone maker Vivo, including the managing director of Lava International mobile company and a Chinese nation

A-I Express set to induct 50 new Boeing 737 MAX planes in next 15 months. Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business. Besides, the combined entity of Air India Express, also the countr

Ashok Leyland bags order for 1,666 new buses from Tamil Nadu STUs. Ashok Leyland is the fourth-largest manufacturer of buses in the world and India's largest bus manufacturer

Zydus unit recalls 7,248 bottles of Oxybutynin Chloride tablets in US. A unit of Zydus Lifesciences is recalling over 7,000 bottles of Oxybutynin Chloride tablets in the US due to manufacturing issues, according to the US Food and Drug Administration (USFDA). As per its latest Enforcement Report, the US health regulator said

JPMorgan profit rises on interest income boost, First Republic purchase. Shares of the bank fell 0.7% in premarket trading

BlackRock clients pull billion from long term investment funds. Adjusted net income rose 13% from a year earlier to .6 billion, or .91 a share, beating Wall Street's average estimate of .20. Revenue rose 5% to .5 billion

Incred Finance plans to raise Rs 300 crore via non-convertible debentures. The company plans to allocate 75 per cent of the net proceeds for purposes such as onward lending, financing and the repayment of existing borrowings, including interest and principal

Coca-Cola India's spending on brands expected to be highest in H2: Official. Beverage major Coca-Cola is going to have its highest-ever spending on brands in the second half of 2023 in India, when the ICC Men's Cricket World Cup is coinciding with the festive season, which is expected to boost the consumption, a top company officia

Mahindra Lifespace buys 5.38 acre land in Pune to build realty project. Realty firm Mahindra Lifespace Developers Ltd has acquired 5.38 acre land at Wagholi in Pune to develop a real estate project. The land is estimated to have a development potential of over 1.5 million square feet of saleable area, the company said in a reg

Citigroup profit holds steady in Q3 as investment banking fees jump. The bank's trading unit also boosted revenue, while its division providing treasury and securities services to corporations brought in 12% more revenue

Venture Highway gets 50x returns in secondary sale of stake in Meesho. Venture Highway, an early and long-term backer of Meesho, invested in the company's first seed round over eight years ago

Coca-Cola India's brand marketing spends to be highest-ever in H2. After 'challenging summer', Coca-Cola India expects strong demand in H2

BMW posts record car sales at 9,580 units in India in Jan-Sep period. German luxury vehicle maker BMW Group on Friday reported a 10 per cent rise in total car sales at 9,580 units in India in the first nine months of 2023, driving towards another record sales in the year. The group's three brands -- BMW, MINI and BMW Motorra

HDFC Life Q2 net profit up 15.5% to Rs 376.77 crore; VNB margins moderate. For the April-Sep period, net profit increased 15 per cent year-on-year to Rs 792 crore on the back of a healthy back book surplus

Microsoft says US IRS has asked for .9 billion in audit dispute. Microsoft said it believes that any taxes owed after the audit would be reduced by up to billion based on tax laws passed by former President Donald Trump

Amazon's expansion into logistics services could unlock 0 bn in revenue. Analysts see the strategy echoing what the firm achieved with its cloud business, when it built Amazon Web Services to serve its own needs before opening the platform to third-party merchants

Vedanta incorporates wholly-owned arm to carry out iron, steel biz. Vedanta Ltd on Thursday said it has incorporated a wholly-owned arm, 'Vedanta Iron and Steel Ltd, as part of its demerger drive. The wholly-owned arm was incorporated on Tuesday, and has an authorised capital of one lakh equity shares of Rs 1 each. The mov

Indigo flight cancellations, delays affect 76,000 passengers in Sep: DGCA. Over 76,000 passengers of budget carrier IndiGo were affected due to the airline cancelling its flights or delaying them by more than two hours in September, while Tata-owned Air India denied boarding to 450 passengers during the month, DGCA data revealed

Ichnos Sciences, Astria Therapeutics sign licensing deal for OX40 portfolio. Ichnos is set to receive 0 million upfront for development, regulatory and sales payments, coupled with low double-digit royalties

Infosys announces five-year extension of its JV pact with Temasek. India's second largest IT services company Infosys on Thursday announced a five-year extension of its joint venture collaboration with Temasek, a global investment firm headquartered in Singapore. The extension underlines the shared objective of creating i

NCLAT chairman calls for developing mechanism to regulate digital markets. Effective cooperation among the BRICS nations in striking the right balance between promoting sustainability and competition is pertinent to deal with complex challenges, NCLAT Chairperson Ashok Bhushan said on Thursday. Emphasising the importance of havin

KredX to create Rs 4,000 cr corpus for working capital needs of businesses. Fintech company says its imitative would help companies during the festive season

HC refuses bail to Sanjay Chhabriaa in YES Bank money laundering case. The Bombay High Court has refused to grant default bail to realtor Sanjay Chhabriaa in the Yes Bank money laundering case, observing that money laundering involves intricate processes to make illegally-obtained money appear legitimate and hence require in-

India accuses China's Vivo of visa violations, siphoning off bn. "Many employees of Vivo group companies worked in India without appropriate visas," the agency said in the filing

Hyderabad-based CtrlS Datacenters announces plan to invest bn in 6 years. Company expects to hire more than 1,000 people, especially senior leaders

Infosys Q2FY24 result: Net profit rises to Rs 6,212 crore; revenue up 6.7%. Infosys Q2FY24 result: The company also declared an interim dividend of Rs 18 per equity share

Realty firm Signature Global posts Rs 7.18 cr net loss for Apr-Jun. Realty firm Signature Global on Thursday reported a consolidated net loss of Rs 7.18 crore for the first quarter of this fiscal year on higher expenses. Gurugram-based Signature Global had logged a net profit of Rs 32.78 crore in the year-ago period, accor

Infosys slashes revenue guidance for FY24, misses estimates on PAT. For the second quarter of FY24, the company reported net profit of Rs 6,212 crore up 3.2 per cent year-on-year (YoY). Sequentially, it was up 4.5 per cent

Nations must share experience in keeping digital markets free: CCI chief. Rapidly evolving markets and technology have created fresh challenges and new dimensions in competition law and policy

Envision Energy secures 653 MW wind energy project from JSW Energy. Envision Energy on Thursday said it has secured a 653.4 megawatt (MW) wind project from JSW Energy. The project is expected to be commissioned in a phased manner by 2024-end and produce 2,200 gigawatt hour (GWh) units of clean energy, contributing towards

Adani Ports sees more offers worth 3 mn at dollar bond buyback. The outstanding for this bond stands at 0 million, according to data from LSEG

Latest stock market News for tomorrow Access previous news reports: 542543544545546547548549550551552553554555556557558559560

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