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NSE share market NEWS tomorrow (13 July, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 July, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 July 2023

Phoenix Mills was amongst the top gainers, currently trading at 1677.90 in NSE with 8.296 times change in volumes and 6.564% change in price. Other gainers included Supreme Industries with 4.278% price change and 2.598 times volumes, Pb Fintech with 3.874% price change and 1.506 times volumes, Info Edge with 3.694% price change and 2.183 times volumes, and Apl Apollo with 2.808% price change and 3.436 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.

Federal Bank was amongst the top losers, currently trading at 126.75 in NSE with 4.697 times change in volumes and -5.587% change in price. Other losers included Manappuram Finance with -4.591% price change and 1.216 times volumes, Jsw Energy with -4.49% price change and 1.299 times volumes, Inox Wind with -4.16% price change and 0.925 times volumes, and Bank Baroda with -3.762% price change and 2.16 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.

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

Zoho, PwC India to help enterprises scale up digital transformation journey. Global technology company Zoho Corp on Wednesday said it has signed a strategic partnership with PwC India to help medium and large enterprises in the country accelerate their digital transformation journey. The alliance between the two entities brings Zoh

Vedanta to enter semiconductor market this year after Foxconn split. Foxconn separately intends to apply for incentives under India's semiconductor production plan

Apollo Hospitals launches dedicated arm for comprehensive childcare. The Apollo Hospitals group on Wednesday launched a dedicated pediatric arm to provide "comprehensive care" for children at its major facilities, as its chairman Prathap C Reddy expressed hope that it will grow and become "synonymous with the country's 'Hea

Patanjali Foods' promoters plan to offload up to 9% stake through OFS. Share sale will help company meet minimum public shareholding (MPS) requirement

IT firm Axtria opens two offices in Pune with 1,000 seat capacity. US-based IT company Axtria Inc has opened two new offices in Pune with a combined seating capacity of 1,000 people, the company said on Wednesday. Axtria co-founder and CEO Jaswinder Chadha said in a statement that the company now has eight offices in Indi

Thomas Cook India's UAE subsidiary acquires 50% stake in 500 FT SPV. Travel services provider Thomas Cook India on Wednesday said its UAE subsidiary DEI Holdings Limited has acquired a 50 per cent stake in 500 FT SPV Limited. Thomas Cook India did not divulge details of the quantum of investment made by DEI Holdings in 500

HCLTech net slips 11.3% QoQ, maintains FY24 revenue growth guidance at 6-8%. HCLTech declared its earnings after market hours on Wednesday. Ahead of its results, the shares closed down 0.74 per cent at Rs 1,106.50 apiece on the BSE

DGCA sends reply to Go First flagging shortcomings in revival plan. "The DGCA shall be free to proceed ahead with the application submitted by the appellant regarding the resumption of flying operations without prejudice," the court added

Infosys, HCLTech put off pay hikes for employees; TCS bucks trend. Infosys typically rolls out hikes for its senior management in July, but so far, they have not received any communication on the matter, the report said

Placed under enhanced surveillance, SpiceJet to get Rs 500 cr from promoter. Singh and his family own 46.95 per cent stake in the airline as on March 31, 2023

Domino's Pizza signs deal with Uber Eats in bid to make more dough. Domino's Pizza said on Wednesday it's partnering with Uber Eats to make deliveries in the US and 27 international markets. It's a major reversal for the world's largest pizza company, which has long said that working with third-party apps didn't make econo

Power Finance Corporation plans to raise Rs 10,000 cr through NCDs. Power Finance Corporation is planning to raise Rs 10,000 crore through non-convertible debentures, the state-owned company said on Wednesday. The company said it "has filed a draft shelf prospectus for Rs 10,000 crore non-convertible debentures (NCD) fundr

Thyssenkrupp Industrial Solution bags 0 mn contract from IOC Panipat. Thyssenkrupp Industrial Solution India, a unit of the German engineering major, on Wednesday said it bagged a USD 100-million order from Indian Oil Corporation to build a polybutadiene rubber plant at Panipat refinery complex in Haryana. Polybutadiene rubb

Broadcom's bn deal to buy VMware gets cleared by EU regulators. Computer chip and software maker Broadcom's USD 61 billion proposed purchase of cloud technology company VMware got the green light Wednesday from European Union regulators who were satisfied by concessions to ease competition concerns. The European Commis

Patanjali Ayurved to sell 7% stake in its group firm Patanjali Foods. Baba Ramdev-led Patanjali Ayurved Ltd will sell up to 2.53 crore shares in its group firm Patanjali Foods Ltd on stock exchanges in a bid to increase public float to meet listing requirements. The shares of Patanjali Foods, which is into edible oil and oth

Property Share facilitates acquisition of Rs 370 cr leased office assets. Property Share, which runs a platform for fractional ownership of real estate, has facilitated investors in acquisition of 5.33 lakh square feet of rented office space in Bengaluru for Rs 370 crore. Property Share, in a statement, said that it has "facilit

Over 60% of respondents for employer with commitment to LGBT+ inclusion. Over 60 per cent of respondents in India said they work for an employer who has shown commitment to the LGBT+ inclusion, when compared to 35 per cent globally, a study revealed on Wednesday. More than 60 per cent of Indian respondents work for an employer

Anand Rathi Wealth Q1 profit after tax rises by 34% to Rs 53 crore. Leading non-bank wealth solutions company Anand Rathi Wealth on Wednesday reported a 34 per cent surge in profit after tax at Rs 53 crore for three months ended June 2023. In comparison, the company had posted a PAT (profit after tax) of Rs 40 crore in the

Future Enterprises receives EOIs from Jindal, Reliance Retail, GBTL. National Company Law Tribunal had ordered an insolvency resolution process against Future Enterprises in March

Realty firm Prestige Estates Q1 sales bookings up 30% to Rs 3914.7 cr. Realty firm Prestige Estates Projects Ltd's sales bookings rose 30 per cent to Rs 3914.7 crore in the first quarter of this fiscal year on better demand of its residential and commercial properties. Its sales bookings stood at Rs 3,012 crore in the year-ag

Dr Reddy's application for biosimilar candidate accepted for USFDA's review. Dr Reddy's Laboratories on Wednesday said its biologics licence application for its proposed biosimilar rituximab candidate has been accepted for a substantive review by the US Food and Drug Administration (USFDA). This closely follows acceptance of the ri

Tata Tech evinces interest to set up CEFCs in K'taka, investing Rs 2,000 cr. Tata Technologies has come forward to set up three Common Engineering Facilities Centres (CEFCs) in the state by investing Rs 2,000 crore, to facilitate MSMEs, Karnataka Large and Medium Industries Minister M B Patil said on Wednesday. Representatives of t

Disney exploring strategic options for its India biz including JV, and sale. The company has talked to at least one bank about ways to help the India business grow, while sharing some of the costs, according to the report

IT giant Wipro plans to invest billion in AI over next three years. The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing

Disney searching options for Star: A history of its investments in India. With the acquisition of Star India in 2019, Disney became India's biggest television broadcaster. But now it is looking for strategic options for the biz

KPMG set to invest billion in AI as part of Microsoft partnership. KPMG will incorporate AI into its core audit, tax and advisory services for clients as part of the five-year partnership. This move is in response to a slowdown in advisory deals

Wipro to invest bn in AI over 3 years, launches new platform for tech. Company says Wipro ai360 will help improve value, productivity, commercial opportunities

BFSI, tech clients spending more on cost-optimisation deals: Wipro chairman. Macroeconomic environment remains challenging, impacting client spending: Rishad Premji

Hinduja Group dials lenders to raise bn for Reliance Capital acquisition. The lenders that the Hinduja Group has reached out to include names like Farallon Capital, Oaktree, Ares Asia, and Cerberus

Quadria Capital to invest up to 5 mn in Maxivision Eye Hospital. Maxivision offers eye care services to over five million patients in 42 centres across six states in southern and western India

Reliance Retail among three prospective buyers for Future Enterprises. Three companies, including Reliance Retail Ventures Ltd (RRVL), have been selected as " prospective" buyers for Future Enterprises, which is currently undergoing the Corporate Insolvency Resolution Process. The resolution professional of Future Enterprises

Google veteran Urs Hölzle steps down as manager in cloud shakeup: Report. Urs Hölzle joined the company, now the key unit of parent Alphabet Inc., in 1999 as its eighth employee, and will now transition into a role as a Google Fellow, the company said

CapFort Ventures launches Rs 200 cr fund, will back 40 tech start-ups. VC firm says it expects institutional investors, family offices, ultra high net worth individuals to support fund

Latest stock market News for tomorrow Access previous news reports: 606607608609610611612613614615616617618619620621622623624

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