NSE share market NEWS tomorrow (06 October, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 October, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 October 2023
Kalyan Jewellers was amongst the top gainers, currently trading at 258.15 in NSE with 5.726 times change in volumes and 10.132% change in price. Other gainers included Bajaj Finserv with 5.971% price change and 6.404 times volumes, Inox Wind with 5.946% price change and 3.326 times volumes, National Buildings with 5.714% price change and 4.393 times volumes, and Bse with 5.686% price change and 3.678 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.
Idea Cellular was amongst the top losers, currently trading at 10.95 in NSE with 0.741 times change in volumes and -2.232% change in price. Other losers included Cg Power with -1.702% price change and 1.85 times volumes, Odisha Cement with -1.521% price change and 0.718 times volumes, Indus Towers with -1.391% price change and 0.751 times volumes, and Suzlon Energy with -1.356% price change and 0.959 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.
Energy exchange IEX to acquire 10% stake in Enviro Enablers India. Energy exchange IEX on Friday said it will acquire a 10 per cent stake in Enviro Enablers India Private Limited. The association will fulfil IEX's commitment towards sustainability and decarbonisation in line with India's net zero commitments, Indian Energ
Sebi extends dispatching period of hard copies of statements till Sept 2024. Capital markets regulator Sebi on Friday extended the relaxation to entities with listed non-convertible securities from dispatching physical copies of the financial statements to the holders of such securities till September 30, 2024. Earlier, the regulat
FMCG consumption showing improvement, gradually recovering: Dabur India. Helped by encouraging macro indicators, FMCG consumption is showing improvement year-on-year, though the recovery has been gradual, Dabur India said in its quarter updates. This quarter witnessed a mild summer and a slightly deficient monsoon. The festive
DoT disposes VIL objections over license fee demand of Rs 3,273 crore. The telecom department has disposed-off Vodafone Idea's (VIL) representation and objections related to license fee demand of Rs 1,749 crore and Rs 1,524 crore, respectively, for FY2016 and FY2017, the troubled telco said. The company further said it is stu
Essar Oil UK selects Mitsubishi as technology licensor for carbon capture. Essar Oil UK Limited (EOUK) on Friday said it has selected Mitsubishi Heavy Industries Ltd as technology provider for the development of the required basic engineering design package for its new EET Industrial Carbon Capture facility based at Stanlow, UK.
SBI chairman Dinesh Kumar Khara gets extension till August next year. State Bank of India (SBI) on Friday said the government extended the tenure of the bank's chairman Dinesh Kumar Khara till August next year. The government extends the term of office of Dinesh Kumar Khara, Chairman, State Bank of India beyond October 2023
Prestige Group Q2 sales bookings up 2-fold to Rs 7,092 cr on strong demand. Realty firm Prestige Group on Friday reported more than two-fold jump in sales bookings to Rs 7,092 crore in the second quarter of this fiscal year, on strong demand for residential properties. In a regulatory filing, Prestige Group informed that it has re
Mukesh Ambani's Reliance Retail Ventures to raise 8 million from ADIA. The investment by ADIA at a valuation of 0.8 billion will translate into a stake of 0.59% in company, the retail unit of oil-to-retail conglomerate Reliance Industries said in a regulatory filing
Reliance Retail Ventures to raise Rs 4,966.80 crore from ADIA arm. This investment by ADIA will translate into an equity stake of 0.59 per cent in the company on a fully diluted basis
Softbank sells 2.54% stake in PB Fintech; Godrej Industries shares up 20%. Shares of Godrej Industries shot up by 20 per cent on Friday following speculation that the two factions of the Godrej family have finalised the terms of separation
TVS Motor, BMW commence production of first electric bike CE 02 at TN plant. The factory located about 70 kms from Bengaluru, was engaged in the production of vehicles co-developed by the two auto companies
Titan posts 20% Q2 revenue growth, Jewellery biz reports 19% revenue growth. Leading jewellery and watchmaker Titan on Friday reported a 20 per cent growth in standalone revenue for the second quarter ended September 30, 2023. During the period, it added 81 stores across verticals, taking the group's retail presence to 2,859 outlet
Norris Medicines recalls toxic cough syrups, says only sold in India. Tests by India's Central Drugs Standard Control Organisation showed the medicines were contaminated either with diethylene glycol or ethylene glycol
FDA has accepted NDA for dermatological drug Deuruxolitinib: Sun Pharma. Sun Pharmaceutical Industries Ltd said that it had submitted an 8mg twice-daily regimen of deuruxolitinib for FDA review
Air India commissions mega warehouse facility in Delhi for engg spares. Air India on Friday said it has commissioned a mega warehouse facility in Delhi for storing over 1,000,000 engineering spares for aircraft maintenance. Spread across 54,000 sq ft and located near Terminal 3, at Delhi Airport's cargo complex, the centralise
Jio, Airtel roll out special plans to woo cricket fans during World Cup. With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup
MOIL's manganese ore output grows 45% in April-September; sales up 48%. State-owned maganese ore producer MOIL on Friday said it has recorded a 45 per cent rise in its production at 8.15 lakh tonnes (LT) during April-September 2023. It had produced 5.63 LT manganese ore during the corresponding six-month period of the previous
Barclays hires Credit Suisse dealmakers in India amid firmwide job cuts. The UK bank is seeking to replenish its ranks in the market after Ashish Jhaveri, head of mergers and acquisitions for the firm in India, left for Jefferies Financial Group Inc
Reliance Retail's JioMart ropes in MS Dhoni as its brand ambassador. JioMart has onboarded Reliance-owned brands including Urban Ladder, Reliance Trends, Reliance Jewels, Hamleys among others further augment the selection on the platform
US FDA approves NDA for Sun Pharma's alopecia drug Deuruxolitinib. Sun Pharma's NDA submission comprised data from two Phase-III trials, 'THRIVE-AA1' and 'THRIVE-AA2,' involving over 1,200 patients across more than 135 clinical trial sites
Disney in talks with Gautam Adani, Sun TV to sell its India assets. Disney is likely getting a boost as marquee global brands line up to tap India's massive consumer base, with advertising slots being sold at ,600 a second
Dabur flags weak Q2 operating profit on delayed monsoon, festive season. Dabur, which sells Vatika Shampoo and Honitus cough syrup brands, said improving macro economic indicators and positive consumer sentiment will help in "gradual" recovery in urban and rural markets
TCS to consider share buyback in board meeting on October 11. This comes at a time when IT companies are struggling to maintain healthy revenue growth
Tata Motors global wholesales up 7% in Q2, Jaguar Land Rover drives growth. Company sequentially posted a 6.3% rise in group global wholesales
TCS to consider buyback of shares in board meeting on October 11. The last instance when TCS proposed a buyback plan was in March 2022. The buyback share price was Rs 4,500 per share
Vedanta Resources open to changing terms of proposal to delay bond payment. Some bondholders said they wanted more cash up front than what was offered by the company, said some of the people, who asked not to be named because the discussions are confidential
SRM Contractors files draft papers with Sebi to mop-up funds via IPO. SRM Contractors Ltd has filed preliminary papers with capital markets regulator Sebi to mobilise funds through an Initial Public Offering (IPO). The maiden public issue is entirely a fresh issue of 62 lakh equity shares, according to the Draft Red Herring
Maruti Suzuki offers discounts up to Rs 68,000 on Celerio, Alto, S Presso. Maruti is offering discounts of up to Rs 45,000 for the petrol manual transmission and automatic variants of Brezza
Domestic D2C market likely to reach GMV of billion by 2027: Redseer. The report said that third-party logistics (3PL) would ride on the back of the Indian D2C market growth
Biocon, Juno Pharma ink pact for commercialisation of Liraglutide in Canada. Under the agreement's terms, Biocon will be responsible for obtaining regulatory approvals for Liraglutide and will subsequently manage the manufacturing and distribution of the product within Canada
Saint-Gobain India investing Rs 3,400 cr in Tamil Nadu across different biz. Saint-Gobain India, a leading glass maker and a player in the housing solutions business on Friday said it is investing Rs 3,400 crore in Tamil Nadu across different businesses. This is part of the Rs 8,000 crore investment, which Saint-Gobain has committe
Indian Festival 2023 sale will be much bigger than last year: Amazon VP. Amazon, on Friday, also launched its 'Amazon Xperience Arena' event in Delhi NCR. The subsequent editions of the event will be held in Pune, Hyderabad, Chennai, and Kolkata
Indian Energy Exchange to acquire 10% in Enviro Enablers India Pvt Ltd. EEIPL, through this deal will be able to augment the value offering of its Material Waste Platform (MWP)
Tata Power to hold 'Lok Adalat' on October 8 to settle 'power theft' cases. Tata Power Delhi Distribution Limited will hold a 'Lok Adalat' in association with the Delhi State Legal Services Authority on October 8, it said in a statement on Friday. The Lok Adalat -- to be held from 10 am to 4 pm at the discom's Delhi office -- will
OTT platforms are not governed by Trai but by IT rules, says TDSAT. This order was in response to a petition by the All India Digital Cable Federation (AIDCF) against Star India Pvt Ltd (STAR)
Truecaller acquires TrustCheckr service to expand enterprise services. Unoideo provides TrustCheckr, a software-as-a-service (SaaS) solution that helps businesses verify customer information and detect the risk of fraud based on phone numbers and digital signals
Adani Wilmar volume growth in double-digit in in July-September quarter. Rural sales grew at a faster rate due to a higher focus on increasing its rural distribution network
Godrej Consumer registers mid-single-digit volume growth for Jul-Sep. Godrej Consumer Products Ltd has recorded mid-single-digit volume growth for the July-September quarter in the domestic market despite weak macros and adverse weather conditions. "Overall, Home Care volumes grew in mid-single digit while Personal Care grew
Banking fintech MobiKwik posts second quarter of PAT at Rs 5 crore. The Gurugram-based fintech has a registered base of 140 million users and over four million merchants
Sentro Group acquires stake in Russian bank, eyes rupee-ruble trade. Sentro Group on Thursday said it has acquired a majority stake in a Russian bank, World of Privileges, for an undisclosed sum. The acquisition of 50.001 per cent ownership in the 29-year-old, post-Soviet era lender is aimed at facilitating rupee-ruble trad
Homegrown ReNew finds place in '15 Climate Tech Companies to Watch' list. Homegrown green energy player ReNew has found a place in the top '15 Climate Tech Companies to Watch' list, prepared by US-based MIT Technology Review. "I am proud to share that the prestigious MIT Technology Review has listed ReNew in its inaugural list o
Apple considered, rejected switch to DuckDuckGo from Google: US Judge. Mehta ruled Wednesday that the testimony by Weinberg and Giannandrea "goes to the heart of the case" and should be released
ICICI Bank launches 'Festive Bonanza' with offers up to Rs 26,000. Further, the bank will also be introducing special festive offers on its home loans, auto loans, and two-wheeler loans
Bisleri to scale up manufacturing, strategic distribution network. Packaged drinking water company Bisleri International is scaling up its manufacturing and strategic distribution network for easier and cost-effective placement of products and market gains, its Vice-Chairperson Jayanti Khan Chauhan said on Thursday. The c
VinFast Auto earmarks 0 mn for assembly units in India, Indonesia. Vietnam's electric car maker VinFast Auto on Thursday said it is planning to invest up to USD 200 million (nearly Rs 1,665 crore) to set up assembly units in India and Indonesia with production expected to commence by 2026. VinFast, a competitor of America
X removes article headlines in latest update, widening rift with news media. X, formerly known as Twitter, has stopped showing headlines on articles shared on the platform. Now, X only displays an article's lead image and a link to the story. Plans for the change were first reported by Fortune in August, when owner Elon Musk confir
Tata Steel subsidiary TCIL receives tax penalty notice of Rs 40 cr. Tata Steel on Thursday said its subsidiary Tinplate Company of India Limited (TCIL) has received a tax notice, imposing a penalty of about Rs 40 lakhs in connection with a demand order pertaining to the 2016-17 fiscal. "The said demand order is presently p
Jio, Airtel roll out special plans with extended benefits for cricket fans. With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup
Apple releases software update to fix overheating bug in iPhone 15 Pro line. Despite speculation to the contrary, the company said the software update won't slow down the iPhone 15 Pro's new A17 Pro chip
Spotlight continues to be on Vedanta's bn debt despite spinoff plan. A streamlined structure could also help Agarwal sell unprofitable or low-growth assets - something the billionaire has long avoided
Global giants tap Indian consumers, spend ,600 a second on World Cup ads. Brands are likely to spend about Rs 2,000 crore (0 million) in advertisement spots on streaming platforms during the tournament, estimates Jehil Thakkar, a partner at Deloitte India
Top vaccine maker SII seeks growth by selling shots to globetrotters. Over the next three years, Pune-based Serum plans to start production of yellow fever and dengue shots for European and American travelers to countries where those diseases are endemic
Sajjan Jindal's firm, SAIC Motor to take over MG Motor India: Report. There will be no JSW Group companies involved in the deal and Jindal will participate through his private company
May restrict services to Vodafone Idea if dues unpaid: Indus Towers to Trai. Indus Towers has also criticised the telco for 'wilful and continuous' failure to make the due payments
Google's Pixel 8, Pixel 8 Pro, Pixel Watch 2 available for pre-orders. While the Pixel 8 is priced at Rs 75,999, the Pixel 8 Pro comes in at Rs 106,999. Meanwhile, the Pixel Watch 2 is priced at Rs 39,900
TCS to modernise unemployment claims system of US state of Georgia. Company will bring in web-based platform to apply for unemployment insurance benefits
Macrotech Developers' sales bookings up 12% annually to Rs 3,530 cr in Q2. Realty firm Macrotech Developers on Thursday reported a 12 per cent year-on-year growth in sales bookings to Rs 3,530 crore during the July-September period on strong housing demand. The company had clocked sales bookings of Rs 3,150 crore in the correspon
NHPC's two hydropower plants in Sikkim affected due to flash floods. State-owned NHPC's two hydro power plants in Teesta Basin in Sikkim have been affected following flash floods on Wednesday. According to a BSE filing, the two affected projects are Teesta-V Power Station (510 MW) and Teesta-VI (500 MW), being executed by L
Hindalco to sign pact with Odisha Mining Corporation for supply of Bauxite. Hindalco Industries Ltd on Thursday said it will enter into a pact with the Odisha Mining Corporation for long-term supply of Bauxite ore. The company plans to secure Bauxite ore for its proposed 2-million tonnes alumina refinery and 150-MW captive power p
Mensa Brands raises million in growth capital from EvolutionX. Mensa Brands will use the money to continue investing in brand-building
Tata Group said to be in advanced talks for Temasek's Tata Play stake. The Indian conglomerate and the Singaporean state investor are in the final stages of discussions around the interest of about 20 per cent in Tata Play Ltd
Hitachi Energy's largest global tech, innovation centre comes up in Chennai. Facility will house over 2,500 technologists specialising in transformers and grid automation
Govt extends tenure of SBI chairman Dinesh Khara until August 2024. The government is likely to issue an order to this effect shortly, the sources said
Flipkart's annual event, 'The Big Billion Days' will also be on Cleartrip. / -- With the festive season around the corner, Cleartrip, a Flipkart company, is gearing up for one of the biggest travel extravaganza of the year by bringing Flipkart's flagship event, 'The Big Billion Days' (TBBD) on its platform from 8 to 15 October 20
InterGlobe Hotels to invest about Rs 550 cr on two new properties by 2025. InterGlobe Hotels will invest around Rs 550 crore to set up two new properties in Mumbai and Bengaluru by 2025, its President and CEO JB Singh said on Thursday. The company -- a 60:40 joint venture between InterGlobe Enterprises Pvt Ltd and Accor Asia Paci
Bajaj Finance to raise Rs 10,000 crore through QIP, preferential issue. The company said it will raise up to Rs 8,800 crore of capital through qualified institutional placement of shares
Meesho records nearly 10 million orders during pre-festive sale events. The SoftBank-backed firm expects over 3X growth during the upcoming festive season
Amazon poised to launch long delayed satellites in race with SpaceX. It'll be the first in-flight test of Amazon's ambitious Project Kuiper initiative, on which it's pledged to spend more than billion
SAT overturns Sebi order against NDTV founders Prannoy Roy, Radhika Roy. SAT overturned the order, stating that the information scrutinised by Sebi was not price-sensitive, and the Roys were not insiders
Fears about Amazon, Microsoft cloud computing dominance trigger UK probe. Concerns from regulators about the dominance of Amazon and Microsoft in Britain's cloud computing market have triggered a investigation into the competitiveness of the key industry. The UK communications regulator Ofcom said Thursday that its yearlong stud
Microsoft adds four more Indian languages to Microsoft Translator. With this recent addition, Microsoft Translator now supports a total of 20 Indian languages
Future Consumer defaults on Rs 369.59 cr loan repayment in July-Sep. Future Consumer Ltd (FCL) has defaulted on the payment of Rs 369.59 crore towards principal and interest on loans from banks, financial institutions and unlisted debt securities in the September quarter. FCL, the FMCG arm of the debt-ridden Future Group, h
Bajaj Finance to raise Rs 10,000 crore via QIP, preferential issue. Out of the total, Rs 8,800 crore will be raised via QIP and the remaining Rs 1,200 crore will be via preferential allotment of shares to Bajaj Finserv
OMC inks pact with Hindalco to supply raw minerals to alumina refinery. State-owned Odisha Mining Corporation (OMC) on Thursday signed a pact with Hindalco Industries for providing long-term raw material linkage for its refinery project at Kansariguda in Rayagada district. The agreement was signed in presence of Chief Minister
Funding to Indian fintechs up 68% to 6 million in Q3CY23: Tracxn. However, on a year-on-year basis, funding to Indian fintechs has slumped 55 per cent from 7 million raised in Q3 CY22
PGIM India AMC launches AIF, targets to collect Rs 1,000 cr in FY24. PGIM India Asset Management on Thursday announced the launch of category III Alternative Investment Fund (AIF), which aims to collect up to Rs 1,000 crore. PGIM India AIF is planning to raise Rs 500 crore with an option to collect an additional Rs 500 cror
Amplus, Microsoft ink initial pact to enhance RE remote monitoring solution. Clean energy solution provider Amplus on Thursday said it has entered into an initial pact with Microsoft to enhance and market its renewable energy remote monitoring solution. The two companies signed a long-term Renewable Energy Agreement last year for a
Coffee Day Enterprises registers total default over Rs 433 cr in Jul-Sep. Coffee Day Enterprises Ltd (CDEL) on Thursday reported a total default on payments of loans' principal and interest amount of Rs 433.91 crore for the September 2023 quarter. This is lower than the June quarter when CDEL had reported a total default of Rs 4
Fintech firm CRED's losses widen 5% to Rs 1,357 cr in FY23; income up 251%. The fintech unicorn has seen a rise in its expenses. CRED's total expenses grew by 66 per cent to Rs 2,831.9 crore in FY23 from Rs 1,702.1 crore in FY22
Cytiva opens new manufacturing facility and experience center in Pune. The newly unveiled manufacturing facility in Pune will produce bioprocessing equipment, including tangential flow, virus filtration, and inactivation systems
Q2 profitability under stress on lower edible oil prices, says Adani Wilmar. Sales value from edible oil constituted a hefty 74% of the company's topline in the September quarter. Low edible oil prices also contributed to its swing to loss in the June quarter
PGIM India forays into Rs 8-trn AIF space with Category III fund launch. Fund to focus on multi-year growth trends, identifies discretionary consumption, manufacturing as top themes
After Mumbai, UNIQLO India may consider opening stores in Pune next. After expanding in the north, the Japanese retailer is set to open its first store in Mumbai on October 6 and still believes there is room to open more stores within the city
How a debt iceberg might turn resources titan Vedanta into Titanic. A corporate presentation notes the "consistent shareholder returns" from more than billion in dividends over the past decade
M&M eyeing global expansion, diversifying ops to boost revenue growth. M&M's product line has reached a stage of maturity where we can go and compete around the world, a company official said
Vedanta close to raising bn from JP Morgan, Standard Chartered: Report. The money will be used to escape default on Vedanta's upcoming payments
L&T Construction wins EPC orders West Bengal Power Development Corporation. The Power Transmission & Distribution Business of Larsen & Toubro will set up wet Flue Gas Desulphurization (FGD) systems for its thermal power plant at Sagardighi, West Bengal
Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore. Goodluck Defence and Aerospace Private Ltd will manufacture machinery for the defence and aerospace industry
Jaro Education expects over 70% growth in revenue to Rs 200 cr this fiscal. Edtech firm Jaro Education expects its revenue to grow over 70 per cent to Rs 200 crore this fiscal on increase in partnership with tier-1 institutions both in India and overseas and geographic expansion, a top official of the company said. Jaro Education
EaseMyTrip, Uttarakhand govt sign MoU to make state a global tourism spot. Online travel tech platform EaseMyTrip and the government of Uttarakhand have signed a memorandum of understanding worth Rs 250 crore to elevate Uttarakhand's tourism sector
TCS announces multi-year tech support deal with British retail firm Asda. Indian firm will build a new digital core to streamline Asda's supply chain forecasting, merchandising processes
Edelweiss Financial Services to raise up to Rs 200 crore via NCDs. At least 75% of the funds raised will be used for the purpose of repayment/prepayment of interest and principal of existing borrowings of the company
UK's Superdry to sell S Asia IP assets to Reliance Retail for million. Superdry and Reliance Retail, whose more than 18,000 stores sell everything from groceries to electronics, will own 24% and 76%, respectively, of the joint venture vehicle
Steel pipes manufacturer JTL Industries' sales grow 54% in Apr-Sept. Steel pipes manufacturer JTL Industries has posted 54.66 per cent growth in sales at 1.59 lakh tonne (LT) for April-September period of the ongoing fiscal year. The company has also registered 56.78 per cent rise in sales volumes at 81,686 tonne in July-S
Reliance unveils swappable, multipurpose batteries for EVs for clean energy. The idea is that a person can use one battery for mobility as well as for powering appliances at home, company executives at the event said
Torrent files urgent plea in SC against Hinduja plan for Reliance Capital. Company says insolvency tribunal approved plan when appeals against it are pending
Artha Venture announces second exit at 19-fold return from mobility firm. Company says Fund 1 drawing to a close after investing in 31 firms
Audi reports 88% increase in retail sales at 5,530 units in Jan-Sept. German luxury carmaker Audi on Wednesday reported an 88 per cent year-on-year growth in retail sales at 5,530 units in January-September period this year in India. Audi India had retailed 2,947 units in the same period last year. The launch of the new Q8 e
Manufacturing disrupted at Sikkim plant due to flash floods: Alembic Pharma. Alembic Pharmaceuticals on Wednesday said flash floods in the Teesta River has led to disruption in operations at its Sikkim-based manufacturing plant. "We would like to inform that due to flash floods in river Teesta because of cloud burst, water entered
Fintech unicorn Slice announces merger with North East Small Finance Bank. Deal will give customers access to a broad range of products and omnichannel offerings, say companies
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