NSE share market NEWS tomorrow (14 July, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 July, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 July 2023
Mphasis was amongst the top gainers, currently trading at 2069.55 in NSE with 3.347 times change in volumes and 7.666% change in price. Other gainers included Rbl Bank with 6.95% price change and 1.345 times volumes, National Aluminium with 5.618% price change and 2.223 times volumes, Kalyan Jewellers with 5.365% price change and 1.272 times volumes, and Tata Consultancy with 5.212% price change and 1.375 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.
Mazagon Dock was amongst the top losers, currently trading at 1638.85 in NSE with 0.48 times change in volumes and -4.831% change in price. Other losers included Rural Electrification with -3.025% price change and 0.972 times volumes, Max Healthcare with -2.972% price change and 1.641 times volumes, Pb Fintech with -2.753% price change and 0.536 times volumes, and Bharat Dynamics with -2.702% price change and 0.803 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 Group in advanced stages to acquire Wistron's Karnataka plant. Tata Group is understood to be in advanced stages to acquire the Karnataka manufacturing unit of Taiwan-based Wistron, a contract manufacturer for Apple, to become the first Indian iPhone maker, sources said. The acquisition will be carried out through Tat
Android case: SC to decide Google-CCI appeals against NCLAT on Oct 10. NCLAT had, on March 29, upheld Rs 1,337.76 cr penalty on tech giant for misusing its dominant position in Android mobile device ecosystem; CJI-led bench asks all parties to file submissions by Oct 3
JSW Energy Q1 results: Net profit declines over 48% to Rs 290 crore. JSW Energy has reported over 48 per cent decline in consolidated net profit to Rs 290 crore in the April-June quarter due to one-time impact of non-operational expenses of recent Mytrah buyout and Ind-Barath 700 MW thermal plant deal under the insolvency r
Adani group gets approval to redevelop the slums in Mumbai's Dharavi. Last November, Adani Properties had won the bid to redevelop the 259-hectare slum with an investment offer of Rs 5,069 cr. The project is close to BKC and has redevelopment potential of Rs 20,000 cr
Process of giving land to Foxconn mobile manufacturing unit in final stages. Karnataka Large and Medium Industries Minister M B Patil on Thursday said that the process of handing over land to Apple Inc supplier and Taiwanese electronics manufacturing giant Foxconn, for its mobile devices manufacturing unit near here is in "final st
NCLAT reserves order asking RIL to get nod for transferring RPPMSL's assets. The National Company Law Appellate Tribunal (NCLAT) on Friday set aside the order of NCLT, which had directed RIL to get stakeholders' consent for the transfer of the Digital EPC Company on a going concern basis from RPPMSL into the company. The NCLAT said
JSW Energy Q1 net profit down 48%, revenue declines 3% to Rs 2,927 cr. JSW Energy said short-term sales were lower in the quarter under review due to an unfavourable base effect from the last financial year
EV aggregator LetsTransport raises mn from Bertelsmann, others. Commercial electric vehicle aggregator LetsTransport announced on Friday it has secured USD 25 million in a funding round. The proceeds from the fresh round will be utilised to expand the company's market presence and reach profitability, it said. The late
NCSC reviews issues related to reservation of SC employees at ONGC. The National Commission for Scheduled Castes (NCSC) on Friday held a meeting with the ONGC management in Mumbai to review issues related to the reservation of Scheduled Caste employees at various levels, backlog vacancies, and functioning of welfare and gr
Lupin gets thumbs up from USFDA to market generic medication in US. Drug firm Lupin on Friday said its unit has received approval from the US health regulator to market a medication to treat various disorders like schizophrenia. The company's Somerset-based wholly-owned subsidiary Lupin Inc has received approval from the U
Flipkart makes nearly 0 mn cash payout to staff post PhonePe separation. Walmart-backed Flipkart on Friday began mega cash payout to staff, estimated to be worth USD 700 million, following its separation from fintech firm PhonePe. The board of directors of Flipkart had announced the complete separation from the PhonePe business
Air India to get 500+ crew every month, introduce crew rostering system. The carrier's domestic market share improved marginally at 9.7 per cent in June from 9.4 per cent in the previous month, DGCA data showed
Flexi-work options, mental health top workplace expectations of Gen Z. Flexible work options, organisations valuing mental health and inclusivity are top factors that make Gen Z happy at their workplace, a study said on Friday. Around 64 per cent of respondents said flexible work options make a good workplace, while 61 per ce
Tata Power 750,000 Mumbai customers to pay lower tarrif after APLTEL order. Tata Power on Friday said its 7.5 lakh consumers in Mumbai to get substantial tariff reduction after an order by Appellate Tribunal for Electricity (APTEL), staying hike by state regulator MERC. "The APTEL today passed an order granting interim relief soug
Patanjali OFS retail portion sees strong demand from retail investors. Following the OFS, the company will become compliant with the 25 per cent minimum public shareholding norms
India1 Payments to expand white-label ATM network to 20,000 units in 3 yrs. At present, white-label ATMs represent 15 per cent of all ATMs in India
Ministry of Corporate Affairs to take back 7,338 cases under companies law. The corporate affairs ministry has decided to withdraw 7,338 prosecutions under the companies law that are pending before various courts as part of promoting the ease of doing business. Prosecutions related to serious non-compoundable offences such as chea
Crypto giant Binance lays off more than 1,000 employees, says report. Last week, a string of executives also quit Binance, which included its Chief Strategy Officer Patrick Hillmann
More than 500 crew members to join Air India in each of coming months: CEO. More than 500 crew members will be joining Air India in each of the coming months and the airline will be rolling out the new crew rostering project soon, according to its chief Campbell Wilson. In his weekly message to employees on Friday, he said the cr
Musk still owes us .6 mn for legal bills: Ex-Twitter executives. The group - led by ex-Twitter Chief Executive Officer Parag Agrawal - says the legal bills accrued in connection with lawsuits and government probes of the company's activities while they ran it
Android mobile device case: SC to hear pleas of Google, CCI on October 10. The Supreme Court on Friday said it will hear on October 10 the cross-pleas of Google and the Competition Commission of India (CCI) challenging the verdict of an appellate tribunal in a case related to Google's alleged anti-competitive practices in the and
Nirma, Sekhmet Pharmaventures vie for 1 mn Glenmark Life stake: Reports. Suitors have entered final round of bidding for stake of about 83% in Mumbai-listed company held by Glenmark Pharmaceuticals Ltd., said people, who asked not to be identified as information is private
Moody's downgrades Azure Power Energy and Azure Power Solar Energy. The one-notch downgrade of APE's and APSEP's debt ratings has been driven by governance issues related to internal controls and compliance
Google Play Games for PC beta launches in India, 60 other countries. App now available in over 120 regions; users in India can access it in English and Hindi; game libraries are synced across devices such as phones, tablets, Chromebooks, and PCs
Haworth to set up new factory in Tamil Nadu, to invest -10 million. The company's second factory in India will produce furniture for domestic market as well as for exports to West Asia and Southeast Asia
Bandhan Bank Q1 FY24 results: Net profit declines 19% to Rs 721 crore. Bandhan Bank on Friday reported an 18.7 per cent fall in net profit at Rs 721 crore in the June quarter due to a decline in net interest income. The Kolkata-based private sector lender had posted a net profit of Rs 887 crore in the year-ago period. Total i
JPMorgan second-quarter profit rises 67% on higher interest income. The largest US lender's profit climbed to .47 billion, or .75 per share, for the quarter ended June 30
Oriana Power plans to raise up to Rs 60 crore through IPO, says CEO. Oriana Power plans to come out with an Initial Public Offering (IPO) by the end of this month or early August to raise up to Rs 60 crore, its CEO Rupal Gupta said on Friday. The proceeds will be utilised towards working capital, asset building and technolo
Suzlon secure 100.8 MW wind energy project deal from Everrenew Energy. Renewable energy solutions provider Suzlon Group on Friday said it has secured an order of 100.8 MW wind power project from Everrenew Energy. However, the company did not disclose the value of the order. Suzlon will supply wind turbines and supervise the e
Citigroup profit drops 36% as trading slump casts cloud over earnings. Net income sank to .92 billion, or .33 per share, in the three months to June 30, the bank reported on Friday
Foxconn's change of heart on semiconductor factory a warning to India. Even if the government's targets for export growth are met, we will still be some distance behind smaller countries such as Vietnam
Finance ministry not considering tax waivers for Tesla: Revenue Secy. Last month, Tesla CEO Elon Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in the country, adding that such an announcement was expected soon
Foxconn in talks with TSMC, TMH group to make chips in India: Report. Foxconn, with the two companies, is expected to make both advanced as well as legacy chips in India
Razorpay launches operations in Malaysia market with payment gateway. Service simplifies payment collection, automates payouts, helps businesses to control cash flows
Exxon Mobil Corp to buy Denbury in .9 bn all-stock transaction deal. Under the terms of the deal, Denbury shareholders will get 0.84 Exxon shares for each Denbury share they hold
TCS shares climb 3% post-earnings announcement, mcap jumps Rs 29,437 cr. Shares of Tata Consultancy Services (TCS) climbed almost 3 per cent on Thursday a day after the company reported a 16.83 per cent increase in its June quarter net profit to Rs 11,074 crore. The stock climbed 2.47 per cent to settle at Rs 3,340.65 on the BS
SpiceJet shares trim most of early gains, settles nearly 1% higher. Shares of SpiceJet on Thursday trimmed most of their early gains and ended nearly 1 per cent higher. During the morning trade, the stock had jumped 7.50 per cent after the company said its promoter and Chairman Ajay Singh will infuse Rs 500 crore into the
Sterling and Wilson Renewable Energy loss narrows to Rs 95 cr in June qtr. Total expenses of the company came down to Rs 617.68 crore during the quarter from Rs 1,568.92 crore a year ago
Federal Bank Q1 profit up 39% to Rs 880 cr; Fedfina reconsidering IPO plan. Federal Bank on Thursday reported 38.77 per cent jump in June quarter consolidated net profit at Rs 880.12 crore, and guided towards growing its loan book by up to 18 per cent in FY24. The private sector lender's profit in the year-ago period was Rs 634.2
Rajnish Kumar, Mohandas Pai to join edtech major Byju's advisory body. Firm appoints ex-upGrad chief as overseas business CEO
Akasa Air flies past SpiceJet for the first time in domestic traffic. IndiGo, the country's largest airline, saw its domestic market share jump from 61.4 per cent in May to 63.2 per cent in June, according to the DGCA data
Kolte-Patil Developers Q1 sales bookings increase 58% to Rs 701 crore. Realty firm Kolte-Patil Developers Ltd on Thursday reported a 58 per cent increase in its sales bookings at Rs 701 crore in the first quarter of this fiscal year. Its sales bookings stood at Rs 445 crore in the year-ago period. In a regulatory filing, Pune
Pact inked to connect ONGC's natural gas fields with North East Gas Grid. Indradhanush Gas Limited (IGGL) and Oil and Natural Gas Corporation Limited (ONGC) have signed three hook-up agreements to connect the latter's natural gas fields with the North East Gas Grid (NEGG) for transportation of natural gas. The natural gas will b
DPIIT appoints nodal officers to help MSME, retailers onboard ONDC. The Centre has appointed nodal officers in all the states with a view to encouraging startups, MSMEs, and retailers onboard the government's initiative open network for digital commerce (ONDC), an official said on Thursday. ONDC is an initiative of the Dep
Jubilant FoodWorks to invest Rs 750 cr in FY23 towards capital expenditure. Jubilant FoodWorks, which operates the Domino's Pizza brand in India, plans to invest Rs 750 crore towards capital expenditure this fiscal to be spent for opening around 220 outlets and others. Sameer Khetarpal, MD and CEO of Jubilant FoodWorks, said the p
Kia India crosses 1mn production mark; to start bookings for new Seltos. Kia India on Thursday said it has crossed the 10 lakh production milestone since making its debut in the market in 2019. The company rolled out the new Seltos from its Anantapur-based plant to mark the occasion. Kia also announced that pre-bookings of the
Zomato temporarily halts new consumer onboarding on UPI payments app. Food delivery platform Zomato on Thursday said it has temporarily paused the onboarding of new users on the Unified Payments Interface it rolled out in May to incorporate feedback. The company said it will start enrolling new users on the app by the end of
Patanjali's OFS for non-retail investors oversubscribed 2 times on Day 1. Baba Ramdev-led Patanjali Ayurved's offer to sell shares of Patanjali Foods received good response on Thursday, with the portion set aside for non-retail investors getting subscribed more than two times. The two-day Offer For Sale (OFS) has been launched b
Federal Bank Q1 results: Net profit rises 42% to Rs 854 crore, NII up 20%. The bank is reportedly looking to raise around Rs 4,000 crore in 2023-24
Paytm signs MoU with Goa for electricity, water, municipal tax payments. One97 Communications Limited, the owner of Paytm, on Thursday announced the signing of a memorandum of understanding with the Goa government to facilitate digital payments, a senior official said. Abhay Sharma, chief business officer, payments, Paytm, said
Disney extends CEO Bob Iger's contract two more years through 2026. Bob Iger will remain as CEO of The Walt Disney Co. through the end of 2026, agreeing to a two-year contract extension that will give the entertainment and theme park company some breathing room to find his successor. Shares climbed before the market open o
Marico expects gross margin to improve 200-250 bps as inflation cools. Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity inflation and portfolio mix normalising favourably. The company expects a "volume-led growth" in the domestic market and gains in market sh
Health, motor continue to drive general insurance, Q1 sales jump 17.9%. Robust demand for health and motor covers buoyed non-life players' premium income in the first quarter of the current fiscal to Rs 64,262.8 crore, a growth of 17.9 per cent on-year when the industry had clipped at 23 per cent. The spike in sales of motor p
LTI Mindtree replaces HDFC in benchmark Nifty; JSW Steel added to Sensex. Analysts said going ahead LTIMindtree and JSW might benefit as both the indices are popular benchmarks for ETFs
Patanjali Foods' OFS oversubscribed 1.8x; firm rules out greenshoe option. "We wish to intimate the exchanges of our intention not to exercise the oversubscription option." Patanjali Foods said
PepsiCo sees high single-digit organic revenue growth in June quarter. Volumes declined in foods and it reporte low-single digit growth in beverages
Stricter disclosure norms to take effect from Saturday: Sebi circular. The timelines granted by Sebi for most disclosures range between 12 hours and 24 hours
Wipro Q1 profit rises 12% to Rs 2,870 cr, revenue up at Rs 22,831 cr. Expects muted Sept qtr as deal ramp-ups, client decision-making slow down
Sebi extends time to July 25 to auction 61 properties of Saradha Group. Capital markets regulator Sebi on Thursday said it has extended the time to July 25 to auction 61 properties of Saradha Group, which illegally mobilised money from investors. Earlier, the auction was scheduled for July 17. The regulator has been auctioning
Stockbroker Angel One logs rise in profit by 22% in Q1 as orders surge. Angel One held a 12.5% share in the number of demat accounts in India in the June quarter, up from 10.8% last year
India Finance Minister not considering tax waivers for Tesla: Official. India's finance ministry is not considering any duty waivers for U.S. automaker Tesla Inc, Revenue Secretary Sanjay Malhotra told Reuters on Thursday
PayU, AWS India, Chiratae Ventures collaborate to launch fintech program. The cohort will receive training and mentorship sessions, including access to experts from PayU, 'guiding them to scale their business operations and expand their customer base'
Q1 preview: US growth likely to boost pharma sector's performance. Hospital occupancies slightly down, while non-Covid revenue growth to aid diagnostic cos
Google Pay rolls out UPI LITE feature for faster, low-value transactions. Users can download the Google Pay app from the Play Store or App Store
Enkash announces launch of accounting automation solution Olympus. The company said businesses can onboard themselves with a two-step process 'without disrupting their accounting, policies, processes & banking relationships'
HCLTech to acquire German engineering firm ASAP Group for 9 million. ASAP Group has over 1,600 employees across nine locations in Germany
IT major LTIMindtree replaces HDFC on NSE's benchmark Nifty 50 index. LTIMindtree was formed after the merger of L&T Infotech (LTI) and Mindtree and commenced trading on the Indian stock market under its new name in December 2022
Godrej Properties wins Gurugram luxury projects, sees 0 mn in revenue. The deal comes amid a boom for luxury housing in India, with home buyers preferring spacious apartments with amenities like concierge services and spas
Zomato temporarily suspends rollout of UPI enrolment for new users. The rollout is on hold as the company is working to improve the onboarding process
Foxconn-Vedanta JV split credit negative for UK mining firm: CreditSights. CreditSights had previously expected a "minimal credit impact" on Vedanta Resources based on the old arrangement, as Volcan, Vedanta's holding entity was undertaking the semiconductor investments
Go First extends cancellation of its scheduled flights till July 16. Go First, which is undergoing an insolvency resolution process, stopped flying on May 3, and since then, it has extended the cancellation of flights multiple times
'Bottomless popcorn': PVR introduces new offers after backlash on Twitter. A man who went to watch a film in Noida recently had complained on Twitter about the high price he paid for cheese popcorn and Pepsi at PVR Cinemas
Byju's appoints ex-upGrad chief Arjun Mohan as CEO for int'l biz: Report. Edtech company Byju's has appointed upGrad's former top boss Arjun Mohan as its CEO for international business, according to sources. Byju Raveendran will remain as group CEO and Mrinal Mohit will continue to head the India business, the sources confirmed
Renewable energy firm Goldi Solar forays into power backup solutions biz. Renewable energy player Goldi Solar on Thursday announced its foray into power backup solutions business with the launch of its VAMA On-grid range of inverters. The Gujarat-based company is in the process of expanding its module manufacturing capacity to 6
Adequately funded to place three-digit aircraft order this year: Akasa CEO. Akasa CEO and founder Vinay Dube said that the airline is 'well capitalised' and can grow at a much faster pace
Federal Bank Q1 profit up 29% at Rs 854 cr on back of decline in bad loans. Federal Bank on Thursday reported 29 per cent rise in net profit at Rs 854 crore for June quarter 2023-24 helped by decline in bad loans. The South-based private sector lender had posted a net profit of Rs 661 crore for the year-ago period. Total income du
L&T supplies various components for India's moon mission Chandrayaan-3. Larsen & Toubro (L&T) on Thursday said the company has supplied various components for India's moon mission Chandrayaan-3. In a regulatory filing, the company said components like "middle segment and nozzle bucket flange" were manufactured at its facility
Swiggy to acquire retail distribution firm LYNK for undisclosed amount. Food and grocery delivery platform Swiggy on Thursday said it has entered into a definitive agreement to acquire LYNK Logistics Limited for an undisclosed amount. The deal paves the way for Swiggy's entry into India's massive retail market with a technolog
Generative AI deals expected in 2 quarters; will not be mega wins: TCS CEO. The country's largest IT services company TCS is expecting some generative artificial intelligence- (AI) based deals in the next two quarters, but their sizes will not be big, its top official said on Thursday. Those deals will not be over USD 1 billion, T
Wipro Q1 results: Net profit rises 11.9% to Rs 2,870 cr, revenue up 6%. "Wipro's first quarter results come with a strong backbone of large deal bookings, robust client additions, and resilient margins," said Thierry Delaporte, CEO and Managing Director
Tesla in talks with India to set up factory with 500,000 annual capacity. India was keen for Tesla to manufacture vehicles locally, but the company said it wanted to export its cars first so that it could test the strength of demand
PepsiCo raises revenue, profit forecasts on price hikes and steady demand. PepsiCo's average prices jumped 15% for the quarter ended June 17, while organic volume slipped 2.5%
Byju's appoints ex-upGrad chief Arjun Mohan as CEO for int'l business. Edtech major Byju's has appointed upGrad's former chief Arjun Mohan as its CEO for international business, according to sources. Byju Raveendran will remain the group Chief Executive Officer (CEO) and Mrinal Mohit will continue to head the India business,
Weak demand for SBI perpetual bonds as investors seek higher returns. Questions around the viability and pricing of perpetual bonds resurfaced after similar securities were written off as part of the rescue of Credit Suisse in March
ZappFresh acquires Dr Meat for mn to expand into Bengaluru market. Startup ZappFresh, which sells meat in Delhi-NCR through its online platform, has acquired Dr. Meat in a deal value of USD 3 million as part of its strategy to enter the Bengaluru market. The company has fully acquired Bengaluru-based Dr. Meat, a brand ope
Foxconn backing out of semiconductor JV credit negative for Vedanta: Report. Taiwan's Foxconn pulling out of a USD 20 billion semiconductor-making venture with Vedanta Ltd is a "credit negative" for the mining conglomerate's UK parent Vedanta Resources, debt research firm CreditSights said on Thursday. Hon Hai Technology Group, als
Delta Air forecasts stronger earnings on post-pandemic travel boom. Shares of other airlines also followed Delta's gains, with American Airlines, United Airlines and Southwest Airlines all up about 1.8% before the bell
Utkarsh SFB IPO 15.3x on day 2; Netweb IPO price band Rs 475-500 per share. Netweb Technologies India, a high-end computing solutions provider, has set Rs 475-500 as the price band for its maiden share sale
OYO launches 'Spotless Stay' programme; to conduct hotel audits for upkeep. Hospitality technology platform OYO on Thursday said it has launched a 'Spotless Stay' programme as part of which it will conduct audits of hotels to assess them for overall upkeep and maintenance. As a part of the Spotless Stay programme, hotels with high
Apple partners with NGO to promote clean energy innovation in India. Enterprises working for environmental and social causes can apply for programme
Man Infra bags Rs 680-cr contract from JNPT vendor PSA International. Man Infraconstruction has bagged a Rs 680-crore EPC order from Bharat Mumbai Container Terminal to construct the fourth container terminal at the Jawaharlal Nehru Port (JNPT). Bharat Mumbai Container Terminal is a subsidiary of PSA International, a Singapo
Adani raises Rs 1,250 cr through first bond sale since Hindenburg report. Adani Enterprises had last raised funds via a primary placement of bonds in September last year at an 8.40 per cent yield for 17 months
HUL has the highest peneration in shampoos followed by soap bars: Kantar. The report also said that other interesting stories at the manufacturer level include the re-emergence of Patanjali
IT giant TCS kicks off appraisal cycle during annual compensation review. He also added that the company's retention level will be back to pre-pandemic level by the second half this fiscal year.
HCLTech Q1FY24 results: Net profit rises 7.6% YoY to Rs 3,534 crore. The board of directors declared an interim dividend of Rs 10 per equity share for FY24
SpiceJet promoter Ajay Singh to inject Rs 500 crore in struggling airline. The infusion of fresh capital will substantially strengthen the SpiceJet's financial position
Hindalco Industries board approves proposal to sell land for Rs 595 cr. Hindalco Industries' board on Wednesday approved a proposal to sell a land parcel at Kalwa, Maharashtra, for Rs 595 crore. The transaction is subject to the signing of definitive documents, completion of customary closing conditions and the receipt of regu
Saya Group to invest Rs 100 cr to build 336 apartments in Noida Extension. Realty firm Saya Group on Wednesday said it will invest Rs 100 crore to develop 336 studio apartments in Greater Noida. The company will sell these 336 fully furnished studio apartments at around Rs 55 lakh. The size of each studio apartments will be aroun
Tata Steel joins LeadIT to drive net-zero industry transformation. Tata Steel has joined the Leadership Group for Industry Transition (LeadIT), a global initiative to accelerate the transition to net-zero emissions in heavy industry, the company said on Wednesday. LeadIT was created by the governments of Sweden and India
Homegrown server maker Netweb Technologies to float IPO on July 17. The initial share sale of homegrown server maker Netweb Technologies India will open on July 17 for public subscription. The three-day Initial Public Offering (IPO) will conclude on July 20 and the bidding for anchor investors will open on July 14, accordi
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