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NSE share market NEWS tomorrow (08 August, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 August, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 August 2023

Indian Bank was amongst the top gainers, currently trading at 392.65 in NSE with 18.722 times change in volumes and 13.123% change in price. Other gainers included Angel One with 12.355% price change and 8.874 times volumes, Inox Wind with 6.624% price change and 3.805 times volumes, 8 20 with 6.579% price change and 3.271 times volumes, and Manappuram Finance with 4.987% price change and 4.978 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.

Pb Fintech was amongst the top losers, currently trading at 760.15 in NSE with 2.279 times change in volumes and -4.761% change in price. Other losers included Max Healthcare with -4.088% price change and 0.944 times volumes, Himachal Futuristic with -4.033% price change and 0.23 times volumes, Cyient with -3.202% price change and 0.496 times volumes, and Piramal Pharma with -3.1% price change and 1.772 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.

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

Keystone Realtors net profit jumps over 9-fold to Rs 46.97 crore in Q1. Realty firm Keystone Realtors Ltd on Monday reported an over 9-fold jump in its consolidated net profit at Rs 46.97 crore for the June quarter on higher income. Its net profit stood at Rs 4.97 crore in the year-ago period. Total income increased to Rs 282.

Ex-Infy exec Atul Soneja joins Tech Mahindra as chief operating officer. Tech Mahindra on Monday appointed Atul Soneja as the chief operating officer, the company said. The country's fifth-biggest IT services company in terms of revenues did not have a COO in the past. The appointment is effective from Monday. The appointment f

Galaxy Group, Sawasdee to invest Rs 1,000 cr to build luxury flats in Delhi. Realty firm Galaxy group and Sawasdee group will invest more than Rs 1,000 crore to develop a luxury project at Lodhi Road in the national capital. Noida-based Galaxy group has completed two commercial (office-cum-retail) projects in Greater Noida (West),

India Cements Q1 net loss at Rs 73.58 cr, revenue dips 5% to Rs 1,436.74 cr. India Cements Ltd on Monday reported a consolidated net loss of Rs 73.58 crore in the April-June quarter mainly due to reduction in selling price and loss of volume. The company had posted a net profit of Rs 83.83 crore during the April-June quarter a year

Torrent Pharma's net profit rises 7% at Rs 378 crore in April-June quarter. Torrent Pharma on Monday reported a 7 per cent increase in its profit after tax to Rs 378 crore for the June quarter. The company had reported a profit after tax (PAT) of Rs 354 crore in the year-ago quarter. Revenue for the first quarter of the current fi

Tata Chemicals posts drop in June quarter profit on lower prices, volumes. India's Tata Chemicals Ltd posted a 9.7% fall in first-quarter profit on Monday, hurt by a fall in soda ash prices and lower volumes

Qatar fund buys 2.7% stake in Adani Green for Rs 3,920 cr via block deals. This investment comes hot on the heels of reports that the same fund is considering the acquisition of a one per cent stake in Reliance Retail Venture

Adani Energy achieves bn financial closure for transmission asset. The credit facility is part of a $ 700 million revolving project finance facility tied up in October 2021 for its under-construction transmission assets portfolio

Sobha's net profit rose to .46 mn on strong demand for houses in Q1. Indian real estate developer Sobha Ltd said its June quarter profit more-than-doubled as demand in the country stayed resilient, with more people booking flats and houses in big cities and towns

SC rejects Go First's appeal against HC order allowing access to aircraft. Go First challenged the division Bench order of the Delhi High Court in the Supreme Court on 2 August

Strong Q1, positive outlook drives gains for M&M; shares rally 4.3%. No change in capital allocation policy allays Street's fears of RBL Bank investment

Gland Pharma posts 41% jump in quarterly revenue on Cenexi acquisition. Indian generic injectables maker Gland Pharma Ltd reported a 41% jump in first-quarter revenue on Monday

PSB's net profit more than doubles at 124.8% in Q1 to Rs 34,418 crore. Sequentially bottom line shows a small dent

Britannia began price cuts in April-June as commodity prices softened. The company continues to expand its rural distribution and now has 28,000 rural distributors onboard

Airtel launches India's first 5G wireless Wi-Fi 'Airtel Xstream AirFiber'. Airtel Xstream AirfFiber to provide WiFi to homes without optical fibre connections

RIL pushes production timeline for battery packs by a year to 2024. According to Faradion's website, the now wholly-owned subsidiary of RIL installed its first sodium-ion battery in Australia in December 2022

SBI beats Reliance Industries to become India's most profitable company. RIL was last surpassed in the profit rankings by IOC during the TTM ended June 2013

India Cements posts net loss of Rs 74 crore in Q1 due to dip in sales. Its revenue from operations for the quarter under review declined by 5 per cent to Rs 1,437 crore compared to Rs 1,514.4 crore in the corresponding quarter a year ago

Oppo India partners TSSC, CSC Academy to upskill, reskill youth. Smartphone maker Oppo India has signed an agreement with the Telecom Sector Skill Council and CSC Academy to upskill and reskill youth in the country, the company said on Monday. Under the initiative, Oppo India has also promised employment opportunities f

Price Waterhouse resigns as Paytm Payments' auditor, SR Batliboi appointed. Paytm added that the statutory auditors have not raised any concerns or issues and that the company has noted PwC's resignation

Amazon India signs pact with Gujarat Govt, EDII to boost state's exports. Amazon India on Monday said it has signed a Memorandum of Understanding (MoU) with the Entrepreneurship Development Institute of India (EDII) and the Cottage and Rural Industries Department, Government of Gujarat, to help drive e-commerce exports from the

MedPlus Health reports 18% rise in Apr-June qtr profit on retail demand. India's MedPlus Health Services reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales

PE inflow in real estate up 51% to Rs 24,680 cr: Cushman & Wakefield. Private equity investment in real estate rose 51 per cent year-on-year to Rs 24,680 crore in the first six months of this year, Cushman & Wakefield said on Monday. The private equity (PE) investment during April-June stood at Rs 15,850 crore (USD 1.92 bill

Akasa Air eligible for international routes, operates 900 flights per week. Akasa Air has flown 4.3 million passengers with over 900 flights per week, besides becoming eligible to fly internationally with a fleet of 20 aircraft in its first year of commercial operations, which it completed on Monday, the airline said in a statemen

Aviation safety experts claim fire-safety lapse at Chennai Airport. Aviation safety experts have claimed that the newly commissioned terminal at Anna International Airport in Chennai has a "grave" fire safety violation and have raised the issue with its director and the Airport Authority of India. They claimed the emergenc

PB Fintech's net loss narrows to .4 mn in Q1 on loan, insurance demand. Revenue from operations rose 31.8% to 6.66 billion rupees, with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to 5.16 billion rupees

NSE, BSE clarify on ODR platform rollout; say due process followed. Leading stock exchanges BSE and NSE on Monday said that due process has been followed in rolling out the Online Dispute Resolution (ODR) platform. A joint statement came after certain reports in the media raised issues relating to the Online Dispute Resolu

ITC, select Marriott International hotels promote millet in India, APAC. The ITC Hotels on Monday said it has embarked on an initiative to introduce an expansive range of millet-based bread, available across ITC Hotels and select Marriott International hotels in India and the Asia-Pacific (APAC) region. Other millet-based food

Zoom Video Communications Inc summons employees back to office: Report. Employees who live near a Zoom location must be on-site two days a week, a company spokesperson said

Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for 8 mn. After the transaction, Sharma's stake in the company will rise to 19.42%, and Antfin will cease to be the largest shareholder of Paytm

Paytm founder set to acquire 10.3 per cent stake in the company from Antfin. The agreement will scale up Sharma's shareholding in Paytm to 19.42 per cent, making him the largest shareholder in the company

Airtel launches Xstream AirFiber fixed wireless access device: Details here. Airtel Xstream AirFiber is a plug-and-play device with in-built Wi-Fi 6 technology, which can hold connections with up to 64 devices simultaneously

Burger King's India operator posts wider Q1 loss on back of higher costs. The restaurant chain's consolidated net loss widened to Rs 50.48 crore (.1 million) for the quarter ended June 30, from Rs 47.5 crore a year ago, according to an exchange filing

Adani Energy Solutions secures bn financing for green HVDC link project. Adani Energy Solutions Limited (AESL) on Monday said it has achieved financial closure for its USD 1 billion green high voltage direct current (HVDC) link project, that will increase renewable energy supply to Mumbai. The 80-km multi-faceted project will o

Poonawalla group appoints Keki Mistry as strategic advisor for fin services. At present, the Pune-based group has one non-banking finance company (NBFC) and a clutch of investments in financial services companies

Apraava Energy inks pacts with REC, PFC to get Rs 9,120 cr for projects. Energy solution provider Apraava Energy has inked initial pacts with state-owned firms REC Ltd and Power Finance Corporation (PFC) to get finance of Rs 9,120 crore for funding its wind, transmission, and advanced metering projects in the country. The signi

India Cements posts wider Q1 adjusted loss as raw material costs weigh. Revenue from operations fell about 4% to 1393 crore rupees, while raw materials cost surged 13.2%

We bet on private capex to grow corporate credit, says SBI chairman. SBI's total domestic advances were 28 trillion rupees as of June 30

3 of 4 Indians fear technology will replace them unless they upskill: Study. Digital marketing, data analytics, finance, management and artificial intelligence (AI) are among the most sought-after topics for the professionals

Indian Energy Exchange total trade volume up 19% to 8.5 bn units in July. The Indian Energy Exchange's (IEX) total trade volume rose 19 per cent year-on-year to 8,522 million units (MU) in July. The power exchange had achieved 7,151 MU trade volume in July 2022. "IEX achieved 8,522 MU overall volume in July 2023, including green

SC rejects Go First plea against Delhi HC nod to lessors to access planes. On August 3, the airline had moved to Supreme Court against the Delhi HC's order to allow lessors to inspect the aircraft

Coromandel arm Dhaksha bags Rs 165 crore drone order for Indian army. Recently, Dhaksha also secured a contract from agricultural inputs cooperative Iffco to supply 400 agri-spraying drones

Skilling start-up Disprz gets mn in Series-C funding from Lumos, others. Established in 2015, Disprz's client base includes firms like ICICI Bank, Amazon, Indian Oil, Bajaj Allianz, Ather Energy, HDFC Life, and Starbucks, among others

Meesho becomes first horizontal e-commerce company to attain profitability. The company is targeting revenue of Rs 10,000 crore by the financial year 2025

QIA likely picked up shares worth 0 million in Adani Green: Report. BENGALURU (Reuters) - Qatar Investment Authority (QIA) likely picked up shares worth 0 million in India's Adani Green Energy via block deals on Monday

Max Healthcare Q1FY24 results: PAT up 27% to Rs 291 cr, revenue jumps 17%. Cash flow from operations stood at Rs 261 crore during the quarter, of which around Rs 38 crore were spent on capacity expansion projects

TVS Supply Chain public issue on August 10, price band set at Rs 187-197. The total issue size is set at Rs 880 crore, including fresh issue aggregates up to Rs 600 crore, and an offer for sale of 14.23 million equity shares

UBS Group to cut two-thirds of Credit Suisse dealmakers in Asia-Pacific. That would cost about 200 jobs at its global banking division in Asia over the next couple of months, the people said, asking not to be identified because the matter is confidential

Emami net profit up 86.5%, reports 7% domestic business growth in Q1FY24. The company said that with the easing of raw material cost pressure, the quarter witnessed an expansion of gross margins by 240 basis points at 65.4 per cent during the quarter

We are infusing GenAI into all our core offerings, says Cognizant CEO. Kumar highlighted an instance of a GenAI-enhanced conversational virtual assistant (VA) developed by Cognizant that transcends the functionality of conventional chatbots

Quest Global plans to double India headcount to 20,000 in next 3-5 years. Quest Global is also betting on semiconductor chip design and fabrication machinery

Tata Play starts beaming from its GSAT-24 satellite, to increase capacity. Direct-to-home (DTH) service provider Tata Play on Monday said it has started beaming of television channels from its dedicated GSAT-24 satellite which it has leased from Indian space agency ISRO. GSAT-24 was specifically launched for Tata Play (earlier kn

CDSL net income inches up 4% to Rs 92 crore in April-June quarter. Central Depository Services (CDSL), which is the only publicly traded depository in Asia, on Monday reported a marginal 4 per cent on-year growth in net income at Rs 92 crore in the April-June quarter. Total income of the city-based company, which was also

LG launches two UltraGear OLED monitors for a smoother gaming experience. The monitors will help gamers indulge in a more immersive gaming experience with 240Hz refresh rate, which provides faster frame rates

Godrej Ltd Q1FY24 result: Consolidated net profit falls 7% to Rs 318 crore. The revenue from operations for Q1FY24 came in at Rs 3,448.91 crore, compared to Rs 3,124.97 crore year-on-year

Bayer Cropscience posts profit rise in Q1 on corn business strength. Easing retail inflation during the quarter helped corn-seeds producing businesses like Bayer Cropsciences to log profits despite a slowdown in its crop protection business

Bulk drug imports from China hit 75% in FY23 despite PLI scheme: Report. Bulk drug imports from China increased from 62 per cent to 75 per cent in the past nine years and India continues to depend on Chinese shipments despite commissioning of various domestic manufacturing projects under the government's production-linked incen

Reliance seeks shareholder nod to appoint Ambani as head for another 5 yrs. Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. Amba

Enkash expects business to grow by 36% to Rs 250 crore this fiscal. Fintech firm Enkash expects its business to grow by 36 per cent to USD 30 million, about Rs 250 crore, in this fiscal on account of digitisation in small and medium business in the accounting segment, a senior official of the company said. Ascent Capital-b

After retail, telecom, Ambani casts eye on fin services, new energy biz. After creating India's largest retailers and telecom operator in the shortest span of time, billionaire Mukesh Ambani has now set his sight on propelling newly-carved financial services business unit into country's largest non-banking lender while transiti

Reliance Retail crossed 1 bn transaction mark in FY23, to ramp up FMCG biz. In the previous financial year, it forayed into the FMCG and beauty businesses

World entering a highly disruptive green energy era, says Mukesh Ambani. RIL proposes another 5 yrs for him as MD; Jio Financial listing soon

Metropolis Healthcare eyes 60% revenue from B2C business in next 2-3 years. The diagnostic player has also taken price hikes in the range of 4-5 percent in the last three years

RJio gets .2 bn from Swedish export credit agency to finance 5G rollout. The country's largest telecom player Reliance Jio has received a USD 2.2 billion fund support from the Swedish export credit agency to finance equipment for the 5G rollout, according to Reliance Industries' annual report. The company has largely procured t

Tata Consumer, ITC among companies looking to buy into Organic India. Backed by Fabindia, Organic India produces organic teas and health products

Qualcomm announces appointment of Savi Soin as president of India division. Qualcomm, the largest maker of smartphone processors, on Friday announced the appointment of Savi Soin as president of Qualcomm India, to steer and lead the company's strategy for the Indian market. Rajen Vagadia, Qualcomm India president for the last five

Meta's AudioCraft will allow users to generate music from text. AudrioCraft is a new generative AI tool unveiled by Meta that can generate audio and music from text prompts

I-T dept conducts searches across several premises of Kalpataru group. The search sites include the residences of Group founder Mofatraj P Munot and managing director Parag M Munot

Patent infringement case: SC gives 3 weeks to Oppo to comply with HC order. The Supreme Court refused to interfere with the Delhi HC judgment that had directed Oppo to deposit 23 per cent of its India sales

Corporate Affairs ministry examines Sebi's allegations against Zee Ent. However, the MCA has not issued an inspection order, the report added

M&M Ltd Q1FY24 result: Consolidated net profit up 56% YoY to Rs 3,683 cr. The revenue from operations for Q1FY24 came in at Rs 33,406.44 crore, compared to Rs 28,412.38 crore year-on-year

Latest stock market News for tomorrow Access previous news reports: 588589590591592593594595596597598599600601602603604605606

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NSE share market NEWS tomorrow (08 August, 2023). NSE stocks in NEWS (tomorrow)

 

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