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NSE share market NEWS tomorrow (06 July, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 July, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 July 2023

Hindustan Zinc was amongst the top gainers, currently trading at 335.95 in NSE with 21.485 times change in volumes and 7.849% change in price. Other gainers included Multi Commodity with 7.215% price change and 7.276 times volumes, Torrent Power with 5.027% price change and 3.312 times volumes, Mahindra Mahindra with 4.978% price change and 3.865 times volumes, and Ncc with 4.913% price change and 7.111 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.

Eicher Motors was amongst the top losers, currently trading at 3222.20 in NSE with 1.309 times change in volumes and -2.645% change in price. Other losers included Kaynes Technology with -2.405% price change and 0.808 times volumes, Marico with -2.015% price change and 0.961 times volumes, Angel One with -1.955% price change and 0.499 times volumes, and Rbl Bank with -1.915% price change and 0.329 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.

SMFG India Credit announces appointment of S Subramanian as new COO. SMFG India Credit Co Ltd (formerly Fullerton India Credit Co Ltd) on Thursday announced the appointment of Swaminathan Subramanian as Chief Operating Officer (COO). Previously, Subramanian was working as Chief People Officer (CPO) at the non-banking financ

Indian Oil, Praj enter JV to advance biofuels production capacity in India. Various biofuels covered under the memorandum of understanding (MoU) include sustainable aviation fuel (SAF), ethanol, compressed biogas (CBG), biodiesel, and bio-bitumen

Flipkart co-founder Binny Bansal invests .5 million in LeverageEdu. LeverageEdu, which facilitates overseas education, closed the financial year 2023 with a revenue of about Rs 110 crore

BSNL on verge of falling under 100-million-subscribers mark soon: Trai data. This year, the Union Cabinet approved the third revival package, allocating Rs 89,047 crores, to help the state-owned telecom operator deploy 4G and 5G services

Toyota Kirloskar Motor hikes vehicle prices by 1% due to rise in input cost. Toyota Kirloskar Motor (TKM) on Thursday said it has hiked the prices of its models by around 1 per cent in order to offset the impact of an increase in input cost. The company, which sells models like Innova Crysta and Fortuner, has realigned the prices o

HPCL aims to run Vizag refinery at expanded capacity from early 2024. The two hydrocrackers will upgrade heavier feeds such as vacuum gasoil and bitumen into value-added fuels such as jet fuel, gasoline, and diesel

Titan revenue grows 20% in Q1 FY24 on strong performance in key businesses. The company also said that the key categories of gold and studded grew well with no notable change in the overall product mix

US agency seeks updated responses, data from Tesla in Autopilot probe. NHTSA has said evidence had raised questions about the effectiveness of Tesla's alert strategy, which seeks to compel driver attention

Dabur estimates first quarter sales rose over 10% as inflation eases. Demand trends in both urban and rural India improved during the quarter, Dabur said

NCLT approves demerger of financial services unit of Reliance Industries. Reliance Industries Ltd on Thursday said the National Company Law Tribunal has given its nod to the demerger of the company's financial services undertaking and its listing. Reliance had previously announced plans to demerge its financial services undertak

NHAI signs pact with power producer THDCIL for technical services. State-owned power producer THDCIL on Thursday said it will provide technical services to NHAI under an agreement. "THDC India Limited (THDCIL) has signed a Memorandum of Understanding (MoU) with the National Highways Authority of India (NHAI) to provide te

Drone maker InsideFPV raises Rs 2.75 cr as seed funding to grow biz. Drone manufacturer InsideFPV has raised Rs 2.75 crore in a seed funding round led by Inflection Point Ventures and will utilise the amount for product development, marketing and research. InsideFPV was founded in July 2020 and is currently serving the cons

CBRE introduces integrated solutions for project management; hire 400 more. Real estate consultant CBRE India on Thursday said it has introduced an integrated solution, backed by data and latest technology, for project management and will hire around 400 employees this year in this new business line to provide better services to i

Recent Twitter modifications pose problems for users, say analysts. Some users on microblogging site Twitter are shifting to third-party apps since the company has made verification necessary within 30 days for accessing TweetDeck, a move which industry watchers believe could give an edge to rival platforms. Since the remo

Indian Oil to invest Rs 54,000 crore in projects including TN refinery. The Indian Oil Corporation Limited (IOCL), Chennai, has committed to invest Rs 54,000 crore in various projects in Tamil Nadu in the next few years, including a 9 MMTPA (million metric tonnes per annum) grass-root refinery at an estimated cost of Rs 35,580

Ambrane expects to almost double revenue to Rs 500 cr by 2025-26. Smart devices and accessories maker Ambrane India expects to almost double its revenue to Rs 500 crore by 2025-26 as it looks to expand both product portfolio and geographic reach, a top official of the company said on Thursday. Ambrane founder and Directo

Unseasonal rains made this summer challenging, says Coca-Cola India. Unseasonal rains have made this summer a challenging one for beverages major Coca-Cola India although sales became better as the season progressed, according to Vice President Sundeep Bajoria. The company also believes that consumers will not jump the gun

No urban-rural divide in FMCG sales slump in Q1, shows Bizom data. Overall sales decline 4.6% YoY in June quarter; unseasonal rain plays spoilsport

SIAC directs Pratt & Whitney to give Go First five engines a month. However, in May, Go First said that Pratt & Whitney were unable to dispatch any serviceable spare engines

Tata Steel consolidated output falls 7.69% to 7.08 MT in Q1; sales grow 8%. Tata Steel on Thursday its consolidated production declined to 7.08 million tonnes (MT) in the first quarter of FY24. The company's consolidated production was at 7.67 MT during April-June of the preceding financial year, Tata Steel said in a statement. Co

JSW Steel to double capacity in 3 yrs; renewables to power plants: Jindal. JSW Steel is aiming to nearly double its capacity to 50 million tonnes in the next three years, chairman Sajjan Jindal said on Thursday. The city-headquartered company is also aiming to shift to renewable sources of power to fire the entire 50 million tonn

Infosys' US arm expands to Canada, opens 10,000-sq ft digital centre. IT company Infosys on Thursday said it has set up a new subsidiary in Canada under its US arm Infosys Public Services. Headquartered in Ottawa, Infosys Public Services Canada will span over 10,000 square feet. "Infosys Public Services (IPS), a North Americ

Expect 3,500 employees by year-end: Akasa amid cabin crew resignations rpts. Akasa Air on Thursday said it has one of the lowest attrition rates in the industry and expects to have around 3,500 employees by the end of this year, amid reports that scores of cabin crew have put in their papers. Currently, the carrier, which started f

Go First to challenge high court order on inspection of planes by lessors. Go First will challenge the Delhi High Court's ruling permitting its lessors to inspect the aircraft as there are inconsistencies with the order passed by the National Company Law Tribunal in the case, according to the grounded airline's resolution profess

Go First RP, lessors slug it out in court over 'right' to fly planes. The order of July 5 said that the NCLT does not have the power of judicial review over administrative action

Uniqlo expands to western India, to open its first store in Mumbai. Japanese apparel retailer Uniqlo on Thursday said it will open its first store in Mumbai as part of the expansion of the company's sales network in the country. This would be Uniqlo's 11th store in India, where the company opened its first store in October

Amara Raja Electronics announces stake acquisition in Design Alpha. Amara Raja Electronics Ltd on Thursday said it has acquired a stake in engineering design firm Design Alpha. The acquisition will position Amara Raja Electronics Ltd AREL as a fully integrated electronic systems design and manufacturing (ESDM) company, un

Indian start-ups raise more funds than China for 2nd straight year. No new unicorns were created during the first six months of the year, against 19 unicorns in H1 2022 and six in H2 2022

Labour court asks Lufthansa to reinstate 17 terminated during pandemic. A labour court has directed Deutsche Lufthansa AG to reinstate 17 cabin crew members whose services were terminated during the coronavirus pandemic. The services of these people were terminated in February 2021 and they were members of the Lufthansa Cabin

CCI backed Amazon in Android probe: Google's latest appeal to Supreme Court. Moves SC, alleging the tribunal ignored relevant evidence

India Banks: Merger of HDFC Bank with HDFC is a serious makeover. Of the two big changes expected this year, one has just occurred and created a juggernaut bigger than Morgan Stanley

Vimeo CEO Anjali Sud to step down; Adam Gross named interim chief. Sud, who was appointed to the position in 2017 after previously serving as general manager and head of marketing, is leaving to pursue a new opportunity, according to the statement

SC seeks Videocon group founder Venugopal Dhoot's response on CBI plea. Dhoot was arrested by the Central Bureau of Investigation (CBI) on December 26, 2022, and was granted interim bail by the Bombay High Court on January 20

Qatar Airways reports .2 bn in profits after last year's soccer World Cup. Qatar Airways on Wednesday reported USD 1.2 billion in profits over the past year, buoyed by its role in ferrying fans to the soccer World Cup. The long-haul airline increased its revenue to USD 21 billion, a 45 per cent increase over the previous year, it

Adani group promoters looking to trim more stake to build cash reserves. The Adani family owns over 60 per cent stake in the group's listed companies, except Adani Green Energy and ACC Ltd

Reliance Jio to sign 5G equipment deal worth .7 billion with Nokia. Reliance's purchase from Nokia is in addition to the .1 billion worth of 5G equipment that it is already buying from Sweden's Ericsson

After TCS, Tata Steel suspends 35 employees for ethical misconduct. Another three employees were fired for sexual misconduct, taking the total tally to 38

Income tax return: Cleartax introduces platform for auto filing of ITR-2. The ITR-2 is required for individuals and Hindu undivided families (HUFs) not earning through their business or profession but from capital gains, foreign income or agriculture

Tata Steel dismisses 35 for 'unacceptable practices', says ethics priority. Company will uphold 'highest values' and has a zero-tolerance policy for breach, says Chandrasekaran

Apple sets its eye on retail stores in India to shore up revenue in 2023. Apple has raised the sales target of the franchisee-owned exclusive retail stores in India by up to 100%; the company plans to sell around nine million iPhones in India this year

Tamil Nadu's Atsuya secures spot in Google's Startup Accelerator Program. Under the program, tech companies using artificial intelligence/ machine learning (AI/ML) get access to Google's resources, programs, people, products and technology

RBI permits UBS-owned Credit Suisse to keep Indian banking license. Tom Wipf from Morgan Stanley, who will play a key role in the tie-up of the two banks and in facilitating the integration of Credit Suisse and UBS

TCS plans to upskill 25,000 engineers on Microsoft's Azure Open AI. The company also launched its new Generative AI Enterprise adoption offering for clients, making a bet on the rapidly growing artificial intelligence space

Power Finance Corp provides Rs 9,187 cr finance to HPCL Rajasthan Refinery. State-owned Power Finance Corporation (PFC) on Thursday said it has provided Rs 9,187 crore finance to HPCL Rajasthan Refinery Ltd. This is the first project where PFC has extended its financial assistance to the refinery and petrochemical sector, a compan

JSW Steel posts 11% rise in crude steel production at 6.43 MT in Q1. JSW Steel on Thursday posted an 11 per cent year-on-year growth in consolidated steel production at 6.43 MT during the first quarter of this financial year. It had produced 5.77 million tonnes (MT) steel during the April-June period of the preceding 2021-2

Indian startup funding fell 72% in H1CY23, funding rounds down 66%: Tracxn. In all cities, Bangalore emerged as the leader in total funds raised during this period, followed by Delhi-NCR and Mumbai

Google accuses CCI of ordering changes to its biz model to protect Amazon. In an earlier December filing in a lower tribunal, Google said CCI officers had "copypasted" parts of a European ruling against the U.S. firm in a similar case. CCI denied the accusation

Adani Green Energy weighs raising .5 bn to fund expansion, say reports. Adani Green Energy Ltd.'s board will discuss plans to raise funds from institutional investors on Thursday

Maruti takes an offensive stance in EV space, to launch 6 EVs by 2030-31. So far, Maruti Suzuki has shown little interest in launching electric powertrain vehicles and has advocated hybrid and CNG technology as better alternatives

Byju's CEO speaks to shareholders, firm to set up board advisory committee. Committee will advice CEO on governance structure, says source about edtech giant's plans

Tata Group weighs buying Temasek Holdings' stake in Pay TV platform. Tata Group is contemplating whether to delay the planned Tata Play listing because of market conditions, the people said

Batch of 556 vehicles shipped as Maruti Suzuki commences exports of Fronx. Maruti Suzuki on Thursday said it has initiated exports of the newly launched model Fronx. The first batch of 556 vehicles was shipped from Mundra, Mumbai and Pipavav Ports to destinations in Latin America, the Middle East and Africa, the country's largest

Ajmera Realty & Infra India Q1 sales bookings down 44% to Rs 225 cr. Ajmera Realty & Infra India Ltd on Thursday reported a 44 per cent decline in its sales bookings to Rs 225 crore in the first quarter of this fiscal year. Its sales bookings stood at Rs 400 crore in the year-ago period. The carpet area sold fell 14 per cen

Proptech startup OfficeBanao raises funds from ex-Meta MD, ex-Collier CEO. Real estate startup OfficeBanao, which raised USD 6 million from Lightspeed in April this year, on Thursday said it has raised funds from three angel investors, including former Meta India MD Ajit Mohan and former Colliers India CEO Ramesh Nair. The compan

Puravankara Q1 sales bookings jump over 2-fold to record Rs 1,126 cr. Realty firm Puravankara Ltd on Thursday said its sales bookings jumped over two-fold to Rs 1,126 crore in the first quarter of this fiscal on better housing demand and higher price realisation. In a regulatory filing, the company shared its operational per

Coal production increased in big way from FY22-FY23; supply improved: Icra. India's coal production picked up in "a big way" during FY22 and FY23 resulting into improved availability and supply of the dry fuel, on account of various government initiatives towards the sector, Icra said. The production of Coal India grew by 12.1 per

Adani Green to raise Rs 12,300 cr via QIP for capex, debt reduction. Adani Enterprises Ltd and Adani Transmission had earlier announced they will raise funds worth Rs 21,000 cr

Phonepe launches point-of-sale systems so vendors can accept card payments. Paytm had been providing all-in-one POS machines to check-out counters across the country, which were earlier only available for bank payments

EKA Mobility bags order for 57 supply of electric buses from MBMC. Electric vehicle maker EKA Mobility on Thursday said it has bagged an order for the supply of 57 e-buses from Mira-Bhayandar Municipal Corporation (MBMC). Now, EKA's order book has grown significantly, with more than 500 electric buses and 5,000 electric l

Zee-Sony merger faces further delays; NCLT sets hearing for June 10. The merger was previously approved by all regulatory bodies and was expected to be completed by September

Apparel firm Uniqlo to open its first Mumbai store by October this year. Uniqlo Phoenix Marketcity, Kurla, will be the 11th brick-and-mortar Uniqlo store in India

Wave Group to invest Rs 10 cr on AI tech in 4,200 acre township in Gzb. Realty firm Wave Group on Thursday said it will invest Rs 10 crore on artificial intelligence technology (AI) to improve security features and other amenities in its 4,200 acre township Wave City at Ghaziabad, Uttar Pradesh. "Wave City will invest around R

Multiple Private Equity, IFC to invest Rs 1,050 crore in Veritas Finance. The deal comprises a primary issue of Rs 400 crore and provides a partial exit to early investors

Delhi HC allows Go First lessors to access aircraft, do maintenance. Lessors have made several attempts to reclaim planes for missed payments

FPSB India appoints Krishan Mishra as its CEO, effective from August 1. In his new role, Krishan Mishra will lead the strategy and operations of FPSB India and champion the advancement of the financial planning profession in India

Looking to double turnover to Rs 1.68 trn by 2030-31: Maruti Suzuki CEO. Maruti Suzuki India is looking to double its turnover to around Rs 1.68 lakh crore by 2030-31 from FY22 level in line with parent Suzuki Motor Corporation's global growth strategy, company Managing Director and CEO Hisashi Takeuchi said on Wednesday. The c

Marico expects June quarter revenue drop on sluggish rural demand. Rural consumers typically make up about two-thirds of consumer goods makers' sales, according to Bengaluru, Karnataka-based Bizom, which tracks retail industry trends

FMCGs demand remains stable in Q1FY24, Marico calls out rural stress. Marico says rural demand remained elusive in April-June

Maruti shares climb nearly 4%, market valuation up by Rs 10,519.95 cr. Shares of Maruti Suzuki India were in the limelight on Wednesday, climbing nearly 4 per cent, taking its market valuation higher by Rs 10,519.95 crore. The stock rallied 3.61 per cent to settle at Rs 9,994.50 apiece on the BSE. During the day, it jumped 4

'Steadfast' in hitting 40 MnTPA capacity in India by '30: Chandra. Responding to shareholder queries on future plans, he said most of the expansion to reach the capacity would be organic

Yes Bank's loan book grows 7.5% to Rs 2 trn in quarter ending June. It deposits grew 13.5 per cent YoY to Rs 2.19 trillion at end of June 2023

Hi-Green Carbon files draft papers for IPO; to list on NSE Emerge. Hi-Green Carbon on Wednesday said it has filed preliminary papers for an initial public offering. The shares will be listed on NSE Emerge, a platform for small and medium enterprises. The Gujarat-based firm, which is into recycling of waste tyres, plans to

Maruti Suzuki expects to double its revenues by FY31: CEO Takeuchi. Maruti had a consolidated turnover of Rs 90,074 crore in FY22.

Tata Power bags Rs 1,744 cr smart metering project in Chhattisgarh. Tata Power on Wednesday announced bagging a smart metering project worth Rs 1,744 crore in Chhattisgarh. The order has been awarded by Chhattisgarh State Power Distribution Company Limited (CSPDCL), Tata Power said in a statement. "Tata Power receives orde

Senco Gold IPO subscribed 2.68 times on Day 2 of subscription. The Initial Public Offer (IPO) of jewellery retail player Senco Gold was subscribed 2.68 times on the second day of subscription on Wednesday. The Rs 405 crore-IPO received bids for 2,52,28,190 shares against 94,18,603 shares on offer, as per an update on

Vodafone Idea enterprise business going big on IoT : Official. IoT device base still predominantly 2G-based in India, and 5G impact will be limited in medium term, he said

ONDC's beta version goes live in 5 more cities including Mumbai, Delhi. The government's initiative ONDC on Wednesday said its beta version has now become live in Mumbai, Delhi-NCR, Chennai, Hyderabad and Kolkata. Open Network for Digital Commerce (ONDC) is an initiative of the Department of Promotion of Industry and Internal

Adani Wilmar reports 25% YoY volume growth in Q1FY24 due to strong demand. Adani Wilmar on Wednesday reported a 25 per cent year-on-year volume growth during the quarter ending June 30, mainly on account of robust consumer demand in edible oils and foods. The sale of branded products in edible oils and foods has been much stronge

Amazon miniTV to soon launch first set of Hindi dubbed International shows. Amazon miniTV on Wednesday announced the launch of 'miniTV Imported', the streaming service's new category that will provide International content dubbed in Hindi. The free streaming service, available on Amazon's shopping app, will stream top global shows

Fintech firm BharatPe appoints Pankaj Goel as chief technology officer. Fintech firm BharatPe Group has appointed former Razorpay senior executive Pankaj Goel as the chief technology officer. Prior to joining BharatPe, Pankaj was the head of payments engineering at Razorpay. He will report to BharatPe chief financial officer a

Steel demand to grow on supportive policy reforms: Tata Steel Chairman. The demand for steel in the country is expected to grow owing to infrastructure development, rapid urbanisation, and supportive policy reforms, Tata Steel Chairman N Chandrasekaran said on Wednesday. Speaking at the company's 116th annual general meeting,

Ingka Centre to open its first India retail centre in Gurugram in 2025. Ingka Centres, part of Ikea's retail operator Ingka Group, on Wednesday said it would open its first retail centre in India in late 2025. The centre named 'Lykli' will be opened in Gurugram, Haryana. The company is investing 400 million euros (around Rs 3,

Thomas Cook India rejigs top management, appoints Mahesh Iyer as MD & CEO. Travel services provider Thomas Cook (India) Ltd on Wednesday announced top-level rejig with Madhavan Menon designated as Executive Chairman while Mahesh Iyer has been elevated as Managing Director and Chief Executive Officer. The company's board of direct

HDFC Bank-HDFC's combined loan book up 13.1%; deposits up 16.2% in Q1. Sequentially, merged entity's advances rose by 0.7% to Rs 22.30 trillion as of March 31

Carl Zeiss to invest 250 mn euros for its largest 'vision' factory in India. The land for the facility was acquired in Bengaluru two years ago and its construction will start next month

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project. The Indian oil company needs more clarity after TotalEnergies SE and Africa Oil Corp. quit the Kenya consortium several weeks ago, an ONGC executive, who asked not to be named

Air India, Vistara merger under lens as CCI looks for impact on competition. People in the know said that while CCI's scrutiny is unlikely to have any material impact on the business of the airlines, it could affect the timeline of the merger

GIVA raises Rs 200 cr from investors, including Premji Invest to expand biz. GIVA Jewellery has raised Rs 200 crore from investors, including Premji Invest to expand its business. The Bengaluru-based company, which mainly deals in fine silver jewellery, has raised this amount in Series B funding led by Premji Invest. The round also

HDFC evaluates promoter Jain's offer for 2 Radisson Blu hotels in Ghaziabad. The total outstanding loan for the hotel properties amounts to Rs 507 crore and the loan has been categorised as a special mention account (SMA) 2, as of June

Paytm GMV rises 37% to Rs 4.05 trn in Q1FY24, value of loan disbursed grows. Fintech firm One97 Communications, which operates under the Paytm brand, posted a 37 per cent growth in gross merchandise value at Rs 4.05 lakh crore in the April-June quarter of this year, the company said on Wednesday. The company's gross merchandise val

Five additional brands crossed Rs 100 cr in sales in FY23, says Dabur India. With reduced prices for most of its commodities, Dabur India expects to see expansion in gross margins in the current fiscal; the FMGC major has made an entry into the spices category

India's space programme set to transform planet's connection: Report. Lauding India's ambitious space programme, The New York Times has said the country, currently witnessing an "explosive" growth in space-tech start-ups, is set to "transform the planet's connection to the final frontier" and can emerge as a "counterweight"

Companies not too keen to implement Haryana's liquor at workplace policy. Executives said that while the policy is progressive and intended to create a new precedent, it is only slowly gaining traction

Godrej Consumer estimates double-digit Q1 sales growth on strong demand. Godrej Consumer said its India home care business unit, which houses the Goodknight and HIT brands, recorded double-digit volume growth in the three months ended June 30

Paytm Q1: Value of loans disbursed increases 167%, GMV rises 37% YoY. Focus is on payment volumes that generate profitability, says fintech company

Companies move Madras HC seeking relief against Google's payment policy. The companies join the likes of Bharat Matrimony and Shaadi.com, which have already approached the high court challenging Google's billing policies

Macrotech Developers Q1 bookings up 17% at Rs 3,350 cr; adds 5 new projects. Realty firm Macrotech Developers has reported a 17 per cent increase in sales bookings at Rs 3,350 crore in the first quarter of this fiscal and added five new land parcels to develop projects with sales potential of around Rs 12,000 crore. Macrotech Devel

PharmEasy to raise Rs 2,400 cr, Manipal Group likely to invest Rs 1,000 cr. The fundraising will be done via a rights issue where the stock will be sold at a 90 per cent discount at Rs 5 per share

Maruti Suzuki launches multi purpose vehicle Invicto, starts at Rs 24 lakh. Maruti Suzuki India (MSI) on Wednesday launched the new Invicto at introductory prices ranging from Rs 24.8-Rs 28.4 lakh as it looks to gain foothold in the premium three-row multi purpose vehicle segment. The company has launched Invicto in three variants

Ukraine invasion: FMCG major Unilever to continue operations in Russia. Unilever has defended its decision to maintain operations in Russia citing the challenges of exiting the market and the potential consequences for its employees as reasons for its continued presence

Latest stock market News for tomorrow Access previous news reports: 611612613614615616617618619620621622623624625626627628629

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