NSE share market NEWS tomorrow (10 August, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 August, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 August 2023
Max Financial was amongst the top gainers, currently trading at 855.10 in NSE with 18.004 times change in volumes and 8.282% change in price. Other gainers included Jsw Energy with 7.096% price change and 0.976 times volumes, Trent with 6.015% price change and 1.623 times volumes, Suzlon Energy with 4.872% price change and 0.97 times volumes, and Solar Industries with 3.838% price change and 2.083 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.
Prestige Estates was amongst the top losers, currently trading at 556.45 in NSE with 2.792 times change in volumes and -5.107% change in price. Other losers included Kaynes Technology with -3.605% price change and 3.528 times volumes, Bse with -3.352% price change and 1.234 times volumes, Pidilite Industries with -3.207% price change and 3.059 times volumes, and Biocon with -3.203% price change and 0.683 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.
NCLT approves Zee Ent-Sony India merger, dismisses all objections. Zee Entertainment soars 18% after merger clearance
SAIL Q1 results: Consolidated net profit drops 74% to Rs 212 cr,. State-owned SAIL on Thursday posted a 74 per cent fall in its consolidated net profit to Rs 212.48 crore in the April-June quarter, dragged by higher expenses. It had clocked a net profit of Rs 804.50 crore in the April-June period of the preceding 2022-23
Container Corp Q1 results: Profit falls 17% as costs rise, revenue slip. State-owned Container Corporation of India reported a more than 17% fall in first-quarter profit on Thursday after costs increased and revenue fell
Smartphone maker vivo to open 10 flagship stores in India by 2024. Smartphone maker vivo on Thursday said it plans to open 10 flagship stores in India by 2024. Leading mobile phone companies like Apple and Samsung have started focussing on premium stores to engage with customers. "vivo India now has four flagship stores i
Alibaba Group Holding's revenue beat estimates in first step of comeback. This year, Alibaba enlisted two co-founders to replace Daniel Zhang at the helm and oversee a complicated six-way split of its main businesses from the cloud to local and global e-commerce
Adani prepared to go solo with billion green hydrogen project. Earlier this year, French company Total Energies was reported to put plans to partner with the company in the venture on hold
LIC profit up 14x at Rs 9,543 crore in Q1; premium income stayed flat. Investment income boosts profit; premium income stays flat; individual policies sold fall
No major event that needs disclosure: Adani Enterprises after Wilmar report. The report, citing people familiar with the matter, had said billionaire Gautam Adani and his family may retain a minority stake following a stake sale in its billion consumer staple joint venture
Kirloskar Oil Engines Ltd profit rises 53% to Rs 126 crore in June quarter. Kirloskar Oil Engines Limited on Thursday reported a 53 per cent jump in consolidated net profit to Rs 126 crore in the June quarter. The company had delivered a consolidated net profit of Rs 82 crore in the year-ago period, Kirloskar Oil Engines said. Rev
Chemplast Sanmar completes first phase of Rs 680 crore expansion plans. The new production block is designed and constructed based on best-in-class safety standards for such a facility
Karnataka High Court stays order imposing Rs 50 lakh fine on X Corp. A division bench of the High Court of Karnataka on Thursday stayed a single judge bench order that had imposed a cost of Rs 50 lakh on X Corp (formerly Twitter) for not complying with IT Ministry orders -- subject to the company depositing 50 per cent of t
Biocon Q1 results: Consolidated net profit falls 11% to Rs 148.9 cr. Biocon Ltd on Thursday reported an 11 per cent decline in consolidated net profit at Rs 148.9 crore in the first quarter ended June 30, 2023. The company had posted a consolidated net profit of Rs 167.4 crore in the same quarter last fiscal, Biocon Ltd sai
Verizon Business inks pact with HCLTech for managed network services. On the other hand, Verizon Business will continue to lead all customer acquisition, sales, solutioning, and overall planning and development with its customers
CMS Info Systems promoter offloads 19.4% stake for Rs 1,071 crore. CMS Info Systems promoter Sion Investment Holdings Pte on Thursday divested a 19.4 per cent stake in the company for Rs 1,071 crore through open market transactions. Aditya Birla Sun Life Mutual Fund (MF), ICICI Prudential MF, Societe Generale, Public Sect
GIC Re net profit rises 6.1% to Rs 732 crore in June quarter of FY24. GIC Re on Thursday reported a 6.1 per cent increase in net profit at Rs 732 crore in the June quarter, despite a steep fall in gross premium income and massive underwriting of losses. The company -- the country's only reinsurer -- had recorded a net profit
Air India unveils new logo 'The Vista' and livery in rebranding push. Fleet requires a lot of work; aim to have best tech in 12 months: Chandrasekaran
Verizon Business inks technology deal with HCLTech valued at .1 bn. Verizon Business on Thursday announced a strategic global partnership making HCLTech its primary managed network services collaborator in all networking deployments for enterprise customers in a mega deal valued at USD 2.1 billion over six years. In order
NCLAT set aside CUTS' petition seeking CCI probe in PVR INOX merger. The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed a plea seeking an investigation by the fair trade regulator CCI over the merger of two leading multiplex operators PVR and INOX. NCLAT rejected the petition by Consumer Unity & Trust
Hotels booked out, airfares surge as I-Day long weekend approaches. The group has seen a rise in bookings at its properties in Goa, Jim Corbett and Shimla, and Storii Amoha Retreat in Himachal Pradesh
Best of AI, ML will be deployed at Air India, says Chandrasekaran. Tata Sons Chairman N Chandrasekaran on Thursday said the best of artificial intelligence and machine learning will be deployed at Air India and emphasised that the airline is not just another business for the group but a passion and a national mission. As
Shriram Group tycoon who gave away 0 mn sees profit in loans to poor. A pioneer in extending credit to India's poor for trucks, tractors and other vehicles, Thyagarajan built Shriram into a conglomerate that employs 108,000 people in everything
Gaming unicorn MPL lays off 350 employees, revisits office infra costs. The move comes at a time when the GST Council has recommended imposing a 28 per cent tax on full deposit value, with no distinction made between games of skill and chance
Unilever's venture capital arm invests in health & wellness startup. FMCG major Unilever's venture capital arm Unilever Ventures has invested Rs 14.40 crore in health and wellness company What's Up Wellness to ramp up the startup's team and product development. "The (seed) funding round was led by its sole new investor, Uni
Delhivery to provide warehousing, transportation solutions to Havells. Logistics major Delhivery will provide integrated warehousing and transportation solutions to Havells India as part of an agreement. In a statement on Wednesday, Delhivery said it has bagged a contract from Havells India for integrated supply chain solutio
Larsen & Toubro planning to invest as much as bn over next five years. L&T Energy Green Tech, a unit of the conglomerate, will execute the clean energy strategy and over time may expand into fuel cells, grid batteries and hydrogen vending
Tata Sons Chairman Chandrasekaran earns Rs 113 cr as FY23 remuneration. Sourabh Agrawal, executive director of the Tata Group holding company, was paid Rs 27.82 cr
Bharat Forge Q1 net profit rises 33% to Rs 214 cr, revenues at Rs 3,877 cr. Auto components major Bharat Forge Ltd on Wednesday reported a 33.27 per cent increase in consolidated net profit at Rs 213.73 crore in the first quarter ended June 30, 2023. The company had posted a consolidated net profit of Rs 160.37 crore in the same q
Eicher unit to provide electric trucks for Amazon India's delivery ops. Collaboration will introduce 1,000 zero-emission electric trucks for Amazon's delivery work in 5 years
TV screen consumption, short videos to drive growth in India: YouTube. As per some estimates, YouTube users in India grew from 122 million in 2017 to around 567 million in 2022
Kalyan Jewellers logs 33% surge in profit for Q1 on seasonal demand. Kalyan Jewellers India reported on Wednesday a 33% surge in its first-quarter profit, underpinned by premium pricing and improved demand during the festive season
Trent logs 45% surge in consolidated net profit to Rs 166.67 cr in Q1. Tata group retail firm Trent Ltd on Wednesday reported a 45 per cent rise in consolidated net profit to Rs 166.67 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 114.93 crore in the same period of the last
SJVN net profit declines 55% to Rs 272 cr in Q1 due to lower revenues. State-owned power producer SJVN Ltd on Wednesday reported an over 55 per cent dip in its consolidated net profit to Rs 271.75 crore in the June quarter, mainly due to lower revenues. The company had reported a consolidated net profit of Rs 609.23 crore in
Tata Realty buys 102,000 sq metre land in Bengaluru from Graphite India. Tata Realty and Infrastructure Ltd (TRIL) has bought over 1.02 lakh square metres of land in Bengaluru from Graphite India Ltd for Rs 986 crore. In a regulatory filing earlier this week, Graphite India said that a committee of directors approved a proposal
OnMobile Global net jumps over two-fold to Rs 10 cr in Apr-Jun quarter. OnMobile Global has said its consolidated net profit jumped over two-fold to Rs 9.85 crore in June quarter, mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 4.12 crore in the year-ago quarter ended on June 30,
Bajaj Consumer Care Apr-June quarter net profit rises 36.37% to Rs 46.22 cr. Bajaj Consumer Care Ltd on Wednesday reported a 36.37 per cent rise in consolidated net profit to Rs 46.22 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 33.89 crore in the same quarter of the last fiscal,
Hero MotoCorp faces tax probe over links to vendor Salt Experiences. A spokesperson for Hero MotoCorp said the company would issue a statement on the matter soon. Salt could not be reached for comment
Berger Paints India logs 40% rise in net profit to Rs 355 crore in Q1. Berger Paints India on Wednesday reported a 40 per cent rise in consolidated net profit at Rs 354.91 crore for the June quarter. The company, which had posted a consolidated net profit of Rs 253.71 crore for the same period in the last fiscal, said its boa
Natco Pharma's net profit rises 31.2% to Rs 420.3 cr in June quarter. Natco Pharma Ltd on Wednesday reported a 31.2 per cent rise in consolidated net profit at Rs 420.3 crore in the first quarter ended June 30, 2023. The company had posted a consolidated net profit of Rs 320.4 crore in the same period last fiscal, Natco Phar
Happiest Minds eyes 3-4 digital-led acquisitions in next few quarters. In terms of size, Happiest Minds is targeting companies in the range of -50 million of revenues
Vodafone Idea, Adani Data Networks may not get relaxations for 5G rollout. According to rules, a telco has to commercially launch service anywhere in each of the three metros and at least in one city in each of India's 22 telecom circles at the end of the first year
Bata Q1FY24 results: Consolidated net profit falls 10% to Rs 106 crore. The total income for Q1FY24 came in at Rs 971.42 crore, compared to Rs 952.3 crore year-on-year
IRCTC Q1FY24 results: Standalone net profit falls 5% to Rs 232 crore. The revenue from operations for Q1FY24 came in at Rs 1,001.78 crore, compared to Rs 852.59 crore year-on-year
Data Patterns (India) Ltd reports 81.7% rise in Q1 PAT at Rs 25.38 cr. Data Patterns (India) Ltd has reported an 81.7 per cent jump in its April-June 2023 profit after tax at Rs 25.83 crore, the company said on Wednesday. The city-based, integrated defence and aerospace electronics solutions provider, has reported a profit af
India's startups add gains of 0 mn to SoftBank's Vision Fund in Q1. In the quarter ending March 2023, these four listed startups in SoftBank's portfolio together added over 0 million to the Vision Fund
Bikano enters branded spice segment with new sub-brand 'Swad Anusar'. Snacks and sweets maker Bikano has forayed into the branded spice market, a category witnessing fast growth in the last few years. Bikano, the renowned brand under Bikanervala Foods Pvt Ltd, has launched a new sub-brand, 'Swad Anusar' under which it is set
Consumer durable co Eureka Forbes Q1 net profit rises 28.5% to Rs 25.44 cr. Eureka Forbes, a consumer durable maker which operates in the health and hygiene space, on Tuesday reported a 28.48 per cent increase in its consolidated net profit at Rs 25.44 crore in the June quarter. It had reported a net profit of Rs 19.80 crore in th
Dish TV Q1 net profit rises 15% to Rs 20.54 cr, becomes zero-debt company. Direct-to-home firm Dish TV India Ltd on Tuesday reported a 15.07 per cent increase in its consolidated net profit to Rs 20.54 crore for the April-June quarter of 2023-24 compared to Rs 17.85 crore a year ago. The company also announced the appointment of
Adani Enterprises considering sale of 44% stake in Wilmar Venture. The conglomerate has been considering a potential sale of its 44% stake in Adani Wilmar Ltd. for a few months, the people said, asking not to be identified as the information is confidential
Siemens net rises over 43% to Rs 424 cr in June quarter on higher revenues. Tech firm Siemens on Tuesday posted over 43 per cent rise in its net profit to Rs 424 crore in the June quarter compared to a year ago mainly on the back of higher revenues. "For the third quarter of Financial Year 2023 ended June 30, 2023, Siemens Limited
Hospitality firm EIH's net profit rises 61% to Rs 106 crore in Q1. Hospitality firm EIH Ltd on Tuesday reported an increase of 61 per cent in its consolidated net profit to Rs 106.03 crore in the June quarter. EIH, the flagship company of the Oberoi Group, had reported a net profit of Rs 65.86 crore in the April-June peri
WhatsApp launches screen sharing feature to take on Zoom, Google Meet. Global WhatsApp Business App users grow fourfold to over 200 million. In 2020, 15 million out of 50 million users of the business messaging app came from India
NEC Corp India bags deal for vehicle location tracking project from UPSRTC. Technology firm NEC Corporation India has been selected as the master system integrator by Uttar Pradesh State Road Transport Corporation (UPSRTC) for the Vehicle Location Tracking-Passenger Information System project, the company said on Tuesday. The pro
CCI clears proposed acquisition of HDFC Credila Financial Services. Anti-trust regulator CCI on Tuesday cleared the proposed purchase of 90 per cent equity stake in HDFC Credila Financial Services by a private equity consortium of BPEA EQT and ChrysCapital. The buyers are Kopvoorn, part of the BPEA EQT group, and three Chr
GMR Airports Infrastructure plans to raise Rs 5,000 cr in Aug 14 meeting. GMR Airports Infrastructure Ltd on Tuesday said its board will consider raising funds of up to Rs 5,000 crore during the meeting on August 14. At the meeting, the board will also consider the company's unaudited financial results for the quarter ended June
Lenovo mulls scaling up local production, discussion on with govt on PLI. IT hardware maker Lenovo plans to strengthen local manufacturing and is in discussion with the government to seek clarity on the PLI scheme and recent import restrictions, a senior company official said on Tuesday. Lenovo India Commercial Business Executiv
Subhash Chandra to settle JC Flowers' debt to reclaim Dish TV: Report. Chandra will also get back three properties, one of which is a bungalow in central Delhi
Hero MotoCorp receives over 25,000 bookings for India-made Harley-Davidson. Indian bike maker Hero MotoCorp on Tuesday said it received over 25,000 bookings for the world's cheapest Harley Davidson motorcycle, sending shares up over 3%.
Graves a barrier for Jindal's billion South African iron-ore mine. The obstacles faced by the company highlight the challenges of investing in South African mining, where decades of violations of environmental and social rights under apartheid eroded trust
Maruti okays share issuance on preferential basis to SMC for stake in SMG. Maruti Suzuki India on Tuesday said its board has approved issue of shares on preferential basis to Suzuki Motor Corporation (SMC) as consideration for the acquisition of 100 per cent stake in Suzuki Motor Gujarat. Post such acquisition, Suzuki Motor Gujar
Pepperfry co-founder Ambareesh Murty dies of cardiac arrest in Leh. Ambareesh Murty started Pepperfry with Ashish Shah in 2012, which has presence across 100 Indian cities
BEL eyes Rs 20,300 cr turnover in 23-24 with push from indigenous products. State-run Bharat Electronics Limited has set a target of Rs 20,300 crore for financial year 2023-24 as demand for indigenous products is driving growth for the company, its Chairman and Managing Director Bhanu Prakash Srivastava said on Tuesday. In an inte
TCS to revamp Government e-Marketplace, enhance efficiency, transparency. GeM acts as an end-to-end online marketplace for central, state govt bodies, including PSUs
Hindalco Q1FY24 results: PAT falls 40% to Rs 2,454 crore, revenue down 9%. The net sales in Hindalco's US unit Novelis, which accounts for over 63 per cent of the company's total revenue, fell about 20 per cent
Hiring for fresh talent rises 3% in HY23, shows job market optimism: Study. Hiring intent for all categories of jobseekers increased to 73%: TeamLease
Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit. Ajit Prabhu, chairman and chief executive officer of Quest Global, will acquire an additional stake in the company
Adani Ports Q1FY24 results: Consolidated net profit up 80% to Rs 2,119 cr. The net profit was 85.7 per cent higher as compared to Rs 1,140.97 crore in the quarter that ended on March 31
Fintech firm MobiKwik posts first ever consolidated Q1 profit at Rs 3 cr. Unicorn Fintech firm MobiKwik on Tuesday reported its first ever consolidated profit at Rs 3 crore in the first quarter ended June 30, a senior company official said. MobiKwik Co-Founder and COO Upasana Taku told PTI that MobiKwik has become the first fint
Pepperfry co-founder Ambareesh Murty dies of cardiac arrest in Leh. Ambareesh Murty, the co-founder and CEO of Pepperfry, died of a cardiac arrest in Leh, the online marketplace for furniture and home decor's another co-founder said. He was 51. "Extremely devastated to inform that my friend, mentor, brother, soulmate @Amba
Annapurna Swadisht to raise Rs 69.33 crore through preferential issue. City-based FMCG company Annapurna Swadisht Limited on Tuesday said it will raise Rs 69.33 crore through a preferential issue of equity shares and warrants by September to expand manufacturing capability. The company will issue the following securities on a
TCS bags contract to redesign, build new version of govt's GeM portal. IT major Tata Consultancy Services on Tuesday said it has bagged a contract from the government to redesign and build a new version of public procurement platform Government e-Marketplace (GeM). The GeM platform provides an end-to-end online marketplace fo
2 senior execs of Freshworks quit after co-founder's exit in March. Company says new chief human resource officer will start work later in August and it looking for a chief marketing officer
Reliance bags contract for Meghalaya universal health insurance scheme. Reliance General Insurance Company Ltd on Tuesday said they have been awarded the contract for the implementation of Meghalaya's health insurance for citizens. TheICL will be implementing the Megha Health Insurance Scheme and the Ayushman Bharat Pradhan Ma
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