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

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

Adani Green was amongst the top gainers, currently trading at 1088.05 in NSE with 7.604 times change in volumes and 9.998% change in price. Other gainers included Titagarh Rail with 7.322% price change and 1.433 times volumes, Tvs Motor with 5.883% price change and 2.18 times volumes, Jindal Steel with 5.617% price change and 4.635 times volumes, and Alkem Laboratories with 4.465% price change and 3.168 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.

Suzlon Energy was amongst the top losers, currently trading at 19.00 in NSE with 0.534 times change in volumes and -5% change in price. Other losers included Mazagon Dock with -4.859% price change and 1.615 times volumes, Rail Vikas with -4.567% price change and 0.557 times volumes, Asian Paints with -4.044% price change and 3.757 times volumes, and Pb Fintech with -3.538% price change and 1.007 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.

Tata Motors to cancel 'A' ordinary shares in latest securities rejig. The company will issue seven ordinary shares for every 10 'A' ordinary shares, implying a 23% premium on the previous day's closing level of 'A' ordinary shares, Tata Motors said

Bright strokes for Asian Paints as profit soars 52% to Rs 1,550 crore. On a quarter-on-quarter (QoQ) basis, the company's net sales rose by 4.6 per cent, and net profit increased by 25.6 per cent

CEAT logs near 16-fold jump in profit in Q1 on higher demand, fall in costs. Indian tyremaker CEAT posted a near 16-fold jump in profit boosted by strong demand and drop in raw material costs

Auxilo Finserve raises Rs 470 cr; to expand loan base, product offerings. The company stated that it has funded over 7,500 students across over 900 universities in over 25 countries

India suspends another drugmaker's licence over tainted cough syrup. India has suspended a drugmaker's manufacturing licence after the World Health Organization flagged contamination in its cough syrups found in the Mashall Islands and Micronesia in April

India's Cyient posts Q1 profit jump but misses estimates as costs rise. Cyient Ltd reported a 45% rise in quarterly profit that just missed analysts' estimates as rising expenses at the engineering and IT services company offset strong order pipeline

Ethanol distilleries rework output plans as FCI halts rice supply. Gulshan Polyols informed the stock exchange that production at its 500 kiloliters per day grain-based ethanol manufacturing plant in Chhindwara district of MP would be disrupted for a few days

Tata Motors rides on JLR to see 42% surge in revenue; posts Rs 3,200 cr net. Outlines Rs 38K crore capex for the year

General Motors Q2 profit up 52% on strong sales, confirms new Chevy Bolt EV. Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted USD 2.54 billion in second-quarter net income, a 52 per cent increase over a year ago. Continued strong vehicle sales and pricing, as well as cost cuts, led to th

Delta Corp posts 19% higher profit on sustained casino gaming demand. Revenue from its mainstay casino gaming division rose about 11%, helping net sales climb nearly 9% to 2.73 billion rupees

UTI AMC logs over two-fold jump in Q1 profit after tax to Rs 234 cr. UTI Asset Management Company on Tuesday reported a more than two-fold jump in profit after tax to Rs 234 crore in the June quarter. The company had posted a profit after tax of Rs 92 crore in the same quarter in the preceding fiscal, UTI AMC said in a regu

L&T gets board nod for Rs 10K cr share buyback; Q1 profit surges 46.5% YoY. The board also decided to give a special dividend of Rs 6 per share, which company executives said is to mark A M Naik's tenure at L&T

Expect sales to rise 25% in FY24 to nearly Rs 1,200 crore, says Aequs. The company supplies components for landing gear, engines, fuselage, and wings to top aerospace companies such as Airbus, Boeing, Safran, and Collins Aerospace

India growth is competitive in dynamic market, says Unilever CFO. In the Q1FY24 results announced last week, HUL reported a volume growth of 3 per cent

Adani shares jump, adds Rs 50,501 cr in market capitalisation in 1 day. Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capi

KPIT Technologies reports 53% jump in Q1 net profit to Rs 134 crore. Auto industry-focused KPIT Technologies on Tuesday reported a 53.36 per cent jump in net profit to Rs 134.44 crore in the June quarter, helped by higher revenue from operations. The Pune-based company's revenue from operations grew over 60 per cent to Rs 1

Walmart, Flipkart join hands with Telangana govt to upskill, support MSMEs. Walmart and Flipkart on Tuesday announced the signing of a Memorandum of Understanding (MoU) with Telangana government to create an ecosystem to aid capacity building for MSMEs in the state. The pact was signed in the presence of Telangana government's Ind

SpiceJet aircraft's engine catches fire during maintenance at Delhi airport. An engine of a grounded SpiceJet Q400 plane caught fire at the Delhi airport on Tuesday evening, and the aircraft and maintenance personnel are safe, according to officials. A SpiceJet spokesperson said a fire warning was observed in an engine of the Q400

Mondelez India to expand its manufacturing plant in Andhra Pradesh. Snack company Mondelez India is expanding its manufacturing plant's capacity at Sri City in Tirupati district and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy virtually took part in the foundation stone-laying ceremony on Tuesday. With an investment

Tata Steel expects lower steel prices in July-September quarter: CEO. The company, backed by India's Tata Group, sees Indian steel industry prices in line with prices globally and not impacted by aggressive imports, Narendran said

Supreme Court gives SpiceJet more time to pay dues to Credit Suisse. In 2011, the airline company had entered into a 10-year contract with a Swiss maintenance firm SRT Technics for the servicing of its aircraft

AI startup ZYBER 365 secures 0 mn in funding led by SRAM & MRAM. AI Start-up ZYBER 365 has secured USD 100 million (around Rs 818.7 crore) in Series A funding led by UK-based SRAM & MRAM Group, valuing the company at USD 1.2 billion, a statement said on Tuesday. The latest funding has earned the Web3, AI startup a unico

CEAT Q1 net profit increases 15-fold on dip in raw material prices. During the Q1 of FY24, the company's total income was also seen up by 4 per cent to Rs 2,938 crore against Rs 2,821 crore during the Q1 of FY23

HCLTech announces launch of its global delivery center in Morocco. The launch follows the signing of a MoU between HCLTech and the Government of Morocco in 2022 to invest in the country's technology sector

Walmart shares seen gaining 30% in next year after 0 bn rally: Report. Walmart is expected to report fiscal second-quarter results before the market opens August 17

SBI Life Insurance Q1 results: Net profit rises 45% to Rs 380 crore. New Business Premium (NBP) has grown by 11% to Rs 6210 crore in Q1 FY 24 aided by growth in single premium business by 18%

IT services firm HCLTech launches global delivery center in Morocco's Rabat. IT services company HCLTech on Tuesday launched its Global Delivery Center (GDC) in Rabat, Morocco, to drive transformation projects to clients across portfolio themes of digital, engineering, cloud, AI and software. The centre is HCLTech's first facility

Grounded SpiceJet aircraft's engine catches fire at Delhi airport. Airline has taken 'suitable maintenance action', says DGCA after checking its fleet

Mindspace REIT net operating income rises by 14% to Rs 457 cr in Q1. Mindspace Business Parks REIT on Tuesday reported a 14 per cent increase in its net operating income at Rs 457 crore in the first quarter of this fiscal and declared to distribute an amount of Rs 284.6 crore to unitholders. The net operating income stood a

Air India launches new programme to simplify purchased cabin upgrades. Air India passengers can choose these upgrades to premium cabins between 72 hours and 12 hours before a scheduled flight, subject to the availability of seats in the cabin

CAIT and WhatsApp to digitally train and upskill 10 million local traders. The partnership's goal is to localize digitization efforts to unleash growth opportunities for businesses with hyper-local digital trainings in 11 Indian languages across all 29 Indian states

Over a dozen employees at realme India quit to join former CEO Sheth. Over a dozen employees, including some senior executives, are learnt to have resigned from smartphone maker realme India, two sources aware of the development said. Both sources confirmed that the employees have quit to join former realme CEO Madhav Sheth

ITC with India Post launch postal stamp to promote awareness on millets. Conglomerate ITC on Tuesday in collaboration with the Department of Post released a special postal stamp to raise awareness on millets. The stamp was released here by Minister of State for Agriculture and Farmers' Welfare Kailash Choudhary, in the presence

TPDDL clocks highest peak power demand of 2,182 MW this season so far. Amid humid weather, power discom TPDDL clocked its highest peak demand of power in this season so far on Tuesday afternoon, the company said. Tata Power Delhi Distribution Limited (TPDDL), which has a customer base of 1.9 million in North Delhi, successful

Apple hit with french watchdog complaint over use of advertising data. Apple Inc. was hit with a complaint from the French antitrust watchdog over allegations it has imposed unfair conditions for the use of user data in advertising through its app store

Land spinoff holds up 2 million BEML privatisation deal: Reports. The Indian government is looking to sell 26% out of the total 54% stake it holds in the company along with a transfer of management control

TVS Credit Services reports 40.9% jump in Q1 net profit, total income up. Non-banking financial company TVS Credit Services Ltd has reported a 40.9 per cent rise on its net profit for the quarter ending June 30,2023 at Rs 117 crore, the company said on Tuesday. TVS Credit Services had reported Rs 83 crore as net profit during th

EESL signs Rs 110 cr agreements with APSHCL to provide energy solutions. State-owned EESL has signed a Rs 110-crore agreement with Andhra Pradesh State Housing Company Limited (APSHCL) to provide energy-efficient appliances to beneficiaries of a government scheme in the state. As part of the partnership, residents of Jagananna

Low-cost carrier Spicejet taken off DGCA's enhanced surveillance regime. The airline was put on surveillance starting June 22 as a precautionary measure

Byju's 'regularly disregarded' former director's advice, says Prosus. Prosus, which this year slashed its valuation of Byju's to .1 billion from billion last year, said the decision for its director to step down from Byju's board last month

Airtel Business first enterprise to link over 20 million IoT devices. Airtel Business's integrated IoT platform offers customised solutions for each IoT requirement of enterprises across 5G, 4G, narrowband-IoT (NBIoT), 2G, and satellite

Indian organisations' cost of data breach at record high: Report. Cost of detecting and fixing cyberattacks has increased 45% sine 2020, it says

Gravita India's Q1 net profit grows 18% to Rs 52.55 cr, total income jumps. Recycling company Gravita India has posted around 18 per cent jump in consolidated net profit at Rs 52.55 crore in the April-June quarter of 2023-24 on account of higher income. It had posted Rs 44.65 crore net profit in the corresponding period of 2022-23

Exited Byju's board because of poor corporate governance, says Prosus. Exited Byju's board because of poor corporate governance, says edtech firm's biggest investor

Ambuja-ACC and JK Lakshmi Cement lead race for Sanghi Cement acquisition. Ambuja-ACC, JK Lakshmi Cement, and UltraTech are the top three cement players in Gujarat, the region from where Sanghi Cement generates a significant portion of its revenues

Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%. The company expects that the government's push towards raising rural incomes will result in a growth in rural consumption which the company is likely to benefit from

Larsen & Toubro bags orders up to Rs 2,500 crore in India, abroad. Larsen and Toubro (L&T) on Tuesday said it has bagged orders in the range of Rs 1,000 crore to Rs 2,500 crore in the power transmission and distribution segments within the country and abroad. New orders have been secured in India and markets abroad, the i

Asian Paints Q1FY24 results: Net profit jumps 52.5% to Rs 1,550 crore. The company cited economic uncertainty, forex crisis and liquidity issues in Asia and Africa for a fall in its international sales

Aviation regulator removes SpiceJet from enhanced surveillance regime. Airline has taken 'suitable maintenance action', says DGCA after checking its fleet

Airtel Business connects over 20 million devices via IoT solutions. Bharti Airtel on Tuesday announced that its B2B division has become the first ICT service provider in the country to connect over 20 million devices through its Internet of Things (IoT) solutions. Airtel Business is the business-to-business (B2B) division

TVS Supply Chain Solutions gets Sebi's approval for launching IPO. It will be the first IPO by TVS family company in three decades, after TVS Electronic in 1994

Bajaj Auto net profit up 41.35% YoY at Rs 1,644 cr, revenue rises 29.4%. Sales also saw a year-on-year jump of 10 per cent to reach 1,027,091 units

Cipla Q1 preview: India biz may push profit over 50% QoQ; US sales to drag. Cipla Q1 preview: The company's domestic business can grow 15 per cent quarter-on-quarter (QoQ), while US business could contract by up to 4 per cent QoQ to 5 million

Jubilant Foodworks Q1FY24: Net profit down by 74% YoY, revenue up 6.3%. The company's Ebitda saw a fall to Rs 276.4 crore in Q1FY24, as compared to Rs 304.5 crore in the corresponding period of the previous year

IRCTC website, mobile app down for hours due to technical reasons; restored. Ticketing service was not available on the Indian Railway Catering and Tourism Corporation's (IRCTC) website and mobile application for some hours on Tuesday due to "technical reasons", officials said. The booking issue was later resolved, they said. To ma

Federal Bank raises Rs 3,099 cr via QIP route to fund business growth. Private sector lender Federal Bank on Tuesday said it has raised Rs 3,099 crore through qualified institutional placement route to fund business growth. The board approved the allotment of 23.04 crore shares with a face value Rs 2 each to eligible qualifie

Tata Motors Q1FY24 results: Auto giant records net profit of Rs 3,202 crore. The commercial vehicle volumes were lower by 15% over the prior year due to the transition to BS-VI Phase-2

Hitachi Energy India June quarter net profit jumps 79.85% to Rs 2.41 cr. Hitachi Energy India Ltd (HEIL) on Tuesday posted a 79.85 per cent jump in net profit at Rs 2.41 crore in the April-June quarter of 2023-24, on account of higher income. It had posted a net profit of Rs 1.34 crore in the corresponding period of 2022-23, th

AI's promise on tech set for test with Microsoft, Alphabet Earnings. Bets that artificial intelligence will revolutionise Corporate America and deliver riches to the biggest companies behind it will get a test Tuesday, as Microsoft Corp. and Alphabet Inc

HDFC Bank overtakes SBI in CRISIL's corporate banking ranking for 2023. For middle market corporates, HDFC Bank again topped the list of 2023 Leaders among local banks, and joined ICICI Bank as the year's joint Greenwich Quality Leaders

Suzlon Energy records 96% decline in net profit to Rs 101 crore in Q1. Suzlon Energy registered a 96 per cent decline in consolidated net profit at Rs 101 crore in the April-June quarter. The company had registered a consolidated net profit of Rs 2,433 crore in the year-ago quarter, an investors' presentation showed. The comp

Hero Future Energies signs Rs 6,200-cr MoUs for renewable energy projects. Hero Future Energies on Tuesday said it has signed two agreements with REC and PFC to develop green energy projects. The agreements were signed on the sidelines of the 4th G20 Energy Transition Working Group meeting, which concluded last week in Goa, Hero

L&T result: Net profit jumps 46%; special dividend of Rs 6 a share declared. The company's Ebitda saw a fall to Rs 4,869 crore in Q1FY24, as compared to Rs 3,953 crore in the corresponding period of the previous year

Revenue of top domestic pharmaceutical firms to grow by 7-9% in FY24: Icra. Revenue of top domestic pharmaceutical companies is likely to grow by 7-9 per cent in the current fiscal, according to rating agency Icra. The growth will be supported by an 8-10 per cent expansion in the domestic market and a 6-8 per cent rise in the US m

Bajaj Auto posts 41.3% jump in Q1 profit due to strong domestic sales. Its export volumes improved sequentially by 12 per cent amid the continued macro challenges in overseas markets

Pixxel wins grant to develop miniaturised multi-payload satellites for IAF. Pixxel has solidified its position as a leading innovator in the space tech sector, building and launching made in India and the world's highest-resolution commercial hyperspectral imaging satellites

TVS Supply Chain Solutions obtains approval from Sebi to launch its IPO. TVS Supply Chain plans raise Rs 750 crore in fresh capital through the IPO

SpiceJet chief Ajay Singh asked to be present during hearing at Delhi HC. The court also issued notice to SpiceJet and Singh to file an affidavit disclosing their assets before the next hearing

LIC Housing Finance plans to raise Rs 1,250 crore through bond sale. The debt market experienced a notable decline in issuances during July as issuers chose to take a back seat in response to the escalating cost of borrowing

ITC board gives in-principle approval for demerger of hotels business. The move may improve ITC's ROCE by 2,000 bps

Samil to acquire Germany-based Dr Schneider Group for over Rs 1,000 crore. Apart from the aforementioned three major global acquisitions, Samil has done seven other smaller acquisitions in India and other parts of the world in 2023

Exploring settlement with logistics company Delhivery: Go First tells NCLT. The matter will now be heard in the third week of August

Edtech major Byju's, lenders agree to amend terms for .2 billion loan. Houlihan Lokey serves as financial advisor to the term loan lender group and Kirkland & Ellis LLP, Cahill Gordon & Reindel LLP, and Shearman & Sterling LLP are serving as legal advisors

TVS SCS secures deal worth Rs 2,000 crore from UK-based Centrica PLC. The company did not divulge the size of the deal

PNB Housing Finance net profit surges 48% to Rs 347 crore in June quarter. The housing finance company's total income during the June quarter was Rs 1,708 crore against Rs 1,412 crore a year ago, the lender said in an exchange filing

JK Paper net profit rises 18.3% to Rs 312.56 cr, revenue up 10.77%. JK Paper on Monday reported an 18.3 per cent increase in its net profit to Rs 312.56 crore in the June quarter. The company had posted a net profit of Rs 264.23 crore during the same quarter a year ago, JK Paper Ltd said in a regulatory filing. Its revenue

Reliance Industries, Brookfield enter into data centre partnership. The transaction is subject to regulatory approvals and is expected to complete in around 3 months

7 Adani-run airports in India handled 103% more passengers in FY23. The group runs airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram

Wipro, Pure Storage partner for Sustainable Technology in data storage. IT services major Wipro on Monday announced the partnership of its FullStride Cloud subsidiary with Pure Storage to drive sustainable technology in its data storage and data centres. The collaboration is aimed at providing efficient strategies to minimize

Process of applying for higher pension on unified portal simple: Ministry. The process of applying for higher pension on the unified portal of EPFO is "simple and easy to understand" and as per the Supreme Court's order last year, Parliament was informed on Monday amid the criticism of unfeasible requirements on the portal. Follo

Tata Steel Q1 results: Net profit plunges 92% but still beats estimates. Net profit was Rs 633.95 crore and revenue from operations Rs 59,489.66 crore, 6 per cent lower from a year ago

Swiggy announces 2nd tranche of ESOP liquidity programme for employees. On-demand convenience platform, Swiggy on Monday announced the second tranche of its committed USD 50 million (nearly Rs 410 crore) ESOP liquidity programme for eligible employees. Swiggy had in 2021 committed to a two-year ESOP liquidity programme for 202

SJVN to develop 5 hydro projects of 5,097 MW in Arunachal Pradesh. State-owned power producer SJVN Ltd on Monday said it has been allocated five hydro electric projects having a total generation capacity of 5,097 MW in Arunachal Pradesh. The five projects, allocated by tne Arunachal Pradesh government, are situated in tri

T V Narendran re-appointed as Tata Steel's CEO and MD for 5 years. Tata Steel on Monday said T V Narendran has been appointed again as the company's Chief Executive Officer & Managing Director for a period of five years effective September 19, 2023. His present tenure as CEO & MD will conclude on September 18, 2023, Tata

CAIT, Meta's 'WhatsApp se Wyapaar' to digitise 1 cr local businesses. The Confederation of All India Traders (CAIT) on Monday announced the expansion of its WhatsApp Se Wyapaar' programme for digitally upskilling 1 crore local traders on the WhatsApp Business App. Scaling the training programme from 10 lakh traders in 17 sta

Birlasoft, Microsoft collaborate for Generative AI Centre of Excellence. Birlasoft on Monday said it is establishing a Generative Artificial Intelligence (GenAI) Centre of Excellence (CoE) with Microsoft for solutions across manufacturing, life sciences, energy and BFSI. The Gen AI-CoE will leverage Microsoft Azure's OpenAI Ser

Poonawalla Fincorp reports 62% rise in net profit to Rs 200 cr in Q1. Poonawalla Fincorp on Monday reported a 62 per cent rise in net profit to Rs 200 crore in the June quarter. The Pune-based NBFC firm -- a financial services arm of the Poonawalla Group which is popular as the world's largest Covid vaccine maker under the f

AstraZeneca Pharma India gets GCGI approval to import heart failure drug. AstraZeneca Pharma India on Monday said it has received approval from the Drugs Controller General of India to import heart failure treatment drug Dapagliflozin tablets. The company has received permission from the DCGI to import pharmaceutical formulation

IDBI Bank Q1 results: Net profit rises 62% to Rs 1,224 cr, NII up 61%. The lender's net interest margin (NIM) rose 178 basis points, to 5.8% for the first quarter, compared to 4.02% for the same period in the previous year

Retail chain Shoppers Stop Q1 consolidated profit down 36% to Rs 14.5 cr. Retail chain Shoppers Stop on Monday reported a 36.5 per cent decline in consolidated net profit to Rs 14.49 crore in the June quarter. The company had posted a net profit of Rs 22.83 crore in the April-June period a year ago, Shoppers Stop said in a regul

Chennai Petroleum Corporation Q1 net profit shrinks 76% to Rs 548 crore. In the latest quarter, revenue from operations reduced by 35 percent to Rs 17,985 crore year-on-year from Rs 27,449 crore in the year-ago quarter

GreenCell Mobility receives Rs 3,000 crore in debt funding from REC. The fund will be used to acquire 3,000 e-buses and support energy storage and charging infrastructure

Maharashtra set to be top performer under BRAP, says state official. Maharashtra is set to be the top performer under the Business Reforms Action Plan (BRAP) 2022 Integrated Framework Assessment, a senior state government official said on Monday. Under BRAP, the centre ranks states on various parameters relating to ease of

Tiger Logistics, OneNDF sign pact for collateral-free loan to SME exporters. Global logistics firm Tiger Logistics (India) on Monday said it has signed a pact with online loan marketplace OneNDF to facilitate collateral-free cargo value financing for SME exporters. The tie-up will also help Tiger Logistics integrate the financing s

Waaree Renewable Technologies logs 11.89% rise in Q1 profit at Rs 11 cr. Waaree Renewable Technologies Ltd on Monday posted 11.89 per cent rise in consolidated net profit at Rs 11.10 crore for June quarter 2023-24. It had clocked Rs 9.92 crore net profit during April-June 2022-23, the company said in a regulatory statement. Tot

Mahindra Group to aid US companies to set up manufacturing base in India. The company further said that Mahindra Group offers self-sufficient industrial parks at strategic locations, and has the expertise to guide companies through the approval processes

HDFC AMC's Q1 profit surges 52% to Rs 478 crore; revenue rises 10%. The operating profit for the quarter was Rs 413 crore, 11 per cent higher than the last year's figure of Rs 374 crore, the AMC said in a press release

GMR Smart Electricity Distribution gets Rs 7,593-cr order for meter in UP. GMR Power and Urban Infra Limited (GPUIL) on Monday said its arm GMR Smart Electricity Distribution Company has bagged a Rs 7,593-crore smart metering project in Uttar Pradesh. The project has been secured under the Revamped Distribution Sector Scheme (RDS

Fintech major PhonePe to enable users to pay tax directly on app. The company has partnered with a B2B payments and service provider, PayMate, to make this feature available

Teleperformance aims to hire 60,000 people in India in the next 2 years. This expansion would take the total employee strength to 150,000 from about 90,000 employees in India as of today

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

 

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