NSE share market NEWS tomorrow (26 May, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (26 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 May 2023
Info Edge was amongst the top gainers, currently trading at 4197.75 in NSE with 8.42 times change in volumes and 7.625% change in price. Other gainers included Indus Towers with 6.095% price change and 1.283 times volumes, Phoenix Mills with 5.537% price change and 1.729 times volumes, Macrotech Developers with 5.398% price change and 2.383 times volumes, and Varun Beverages with 5.211% price change and 3.86 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.
Page Industries was amongst the top losers, currently trading at 37501.30 in NSE with 28.924 times change in volumes and -8.802% change in price. Other losers included Prestige Estates with -4.318% price change and 1.49 times volumes, Bharat Heavy with -3.602% price change and 2.166 times volumes, Ncc with -3.567% price change and 0.245 times volumes, and Pb Fintech with -2.858% price change and 3.888 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.
Engineers India Ltd expects more orders from Middle East: Chairperson. EIL has raised its staff strength from 23 to 84 at its Abu Dhabi office to cater to the region, Shukla said
BHEL reports 34.2% fall in net profit as higher material costs weigh. Total expenses rose 5.4% due to a sharp rise in input costs led by raw materials that had gone up 23.9% year-on-year
Samvardhana Motherson int'l Q4 net profit jumps five-fold to Rs 654 cr. Auto component major Samvardhana Motherson International on Friday said its consolidated net profit surged over five-fold to Rs 654 crore for the fourth quarter ended March 2023, aided by robust sales. The company reported a net profit of Rs 122 crore in t
NCC posts 21% fall in Q4 PAT to Rs 191 cr, operational revenue up 42.3%. The company's consolidated net profit after tax fell to 1.91 billion rupees (.12 million) in the three months ended March 31, from 2.42 billion rupees a year earlier
Air India relaxes privilege leave norm for staff approaching retirement. Air India has relaxed the new norm related to the accumulation of privilege leaves for those employees retiring in the current and next financial years. In March, the Tata Group-owned carrier revised its policy with respect to privilege leaves for both per
Voltas to build new air conditioner manufacturing unit in Tamil Nadu. Cooling products maker Voltas on Friday said it has performed the groundbreaking ceremony for the construction of its new air conditioner making unit at Tamil Nadu's Tiruvallur district. This was part of Voltas' efforts to strengthen its "Make in India" co
Jain Irrigation Q4 profit jumps to Rs 976 cr; reduces debt by Rs 2,800 cr. Jain Irrigation on Friday reported a more than three-fold jump in its consolidated net profit to Rs 976.9 crore during the March 2023 quarter and reduced debt by Rs 2,800 crore post-merger of its global arm with Rivulis. The company had posted a consolidat
Air India will move to better ticket pricing system in a few mths: MD & CEO. Air India, which was handed to the Tata Group in January last year, posted a loss of about Rs 7,000 crore in 2021-22
Gateway Distriparks profit falls 19% to Rs 69 cr in Jan-March 2023. Inter-modal logistics operator Gateway Distriparks Ltd (GDL) on Friday reported a 19.47 per cent decline in its profit after tax at Rs 68.62 crore in quarter ended March 2023. The company had recorded a PAT (profit after tax) of Rs 85.21 crore in the same
Fintech firm IRIS Business Services clocks Rs 4.29 cr profit in FY23. Fintech firm IRIS Business Services Ltd on Friday reported a consolidated net profit of Rs 4.29 crore in the financial year 2022-23. In the year-ago period, the company posted its consolidated net profit at Rs 1.01 crore. Its total income rose 21 per cent
GE Power India consolidated loss narrows to Rs 129.70 cr in March quarter. GE Power India on Friday said its consolidated net loss narrowed to Rs 129.70 crore in the quarter ended March 2023. It had reported a consolidated net loss of Rs 179.10 crore in the year-ago period, according to a BSE filing. Its total income in the March
Funding discussions are on with banks, other sources: Vi CEO Moondra. Says lack of 5G not hurting customer numbers so far, will rollout service as soon as investments come.
FMCG firm Adani Wilmar enters whole wheat category with Fortune brand. Food FMCG company Adani Wilmar on Friday said it has entered into the whole wheat category with its brand Fortune. With this pure whole wheat variants of Sharbati, Poorna 1544, Lokwan and MP Grade 1 will be available in Delhi, Maharashtra, Madhya Pradesh,
Moody's upgrades rating outlook on Tata Motors to positive from stable. Moody's Investors Service on Friday said it has upgraded its rating outlook on Tata Motors to positive from stable. Moody's has also affirmed the company's B1 corporate family rating (CFR) and its B1 senior unsecured ratings. "The rating affirmation and ou
Shree Renuka Sugars Q4 results: Net profit declines 72% to Rs 42.8 crore. The company's revenue from operation rose by 7.16 per cent to Rs 2,328 crore for the March quarter as compared to Rs 2,172 crore in the year-ago period
FMCG firm Emami Ltd bets on demands in rural markets to grow in FY24. FMCG major Emami Ltd is looking to grow in the current financial year riding on the improving demands in the rural markets, a senior company official said on Friday. Speaking to PTI, Emami's CEO of Finance, Strategy and Business Development NH Bhansali sai
HC refuses to interfere with Trai decision imposing penalty on Vodafone. The Delhi High Court has refused to interfere with TRAI's recommendation for imposing a penalty of Rs 1,050 crore on two Vodafone companies for allegedly denying inter-connectivity to Reliance Jio Infocomm Ltd (RJIL) under an Interconnection Agreement exec
Capacit'e Infraprojects Q4 net profit grows 90% on year to Rs 21.65 cr. Construction firm Capacit'e Infraprojects Ltd on Friday posted an over 90 per cent jump in its consolidated net profit to Rs 21.65 crore for the March 2023 quarter, backed by higher income. It had clocked a net profit of Rs 11.39 crore during the January-M
Engineers India secures business worth Rs 4,700 crore in FY23; up 185%. Its quarterly net profit stood at Rs 190.18 crore in the fourth quarter (January-March) of FY23, up 140 per cent from Rs 79.13 crore in Q4, FY22
Promoters of the group can't dispose of Vedanta shares, says lender. Vedanta stake was pledged from 2020 onwards by the group's promoter Anil Agarwal to raise funds
Sun Pharma back in black with Rs 1,984-crore net profit in Q4 FY23. The company reported an Ebitda of Rs 2,802 crore, up 19.7 per cent YoY, with a resulting Ebitda margin of 25.6 per cent for Q4 of FY23
NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger. The appellate tribunal set aside the NCLT order on grounds of "violation of principles of natural justice"
JP Morgan Chase lays off around 1,000 employees of First Republic Bank. JP Morgan Chase is laying off roughly 1,000 employees of First Republic Bank nearly a month after it was seized by regulators. The vast majority of First Republic employees, roughly 7,200 before it ran into trouble, were offered jobs by JPMorgan, meaning t
Reliance Consumer Products adds crunch to snacks market with Alan's Bugles. The Indian snacks market is expected to reach .69 billion in 2028, expanding at a CAGR of 12 per cent from 2023 to 2028
Varun Beverages briefly becomes 4th largest FMCG by market capitalisation. Overtakes Britannia in m-cap during intraday trade
GIC Re net profit jumps 43% on year to Rs 2,564 cr in Jan-Mar quarter. GIC Re on Friday posted a 43 per cent rise in net profit to Rs 2,564 crore for the fourth quarter ended March 2023. The state-owned re-insurer had earned a profit of Rs 1,795 crore in the same quarter a year earlier. During the quarter, the company collect
Tencent Cloud Europe offloads 2 pc stake in PB Fintech for Rs 562 cr. Tencent Cloud Europe BV on Friday offloaded over 2 per cent shares of Policybazaar's parent firm PB Fintech for Rs 562 crore through an open market transaction. According to the bulk deal data available with the BSE, Tencent Cloud Europe BV sold 94,16,250
Voltas Tamil Nadu facility plan on track, to invest Rs 500 cr for room ACs. The construction of the new manufacturing facility is spread over 150 acres
Info Edge slips into red in Q4, writes off investment in Bizcrum Infotech. Revenue from operations saw a 28 per cent year-on-year (YoY) uptick to Rs 604.8 crore in Q4, up from Rs 472.9 crore in the same period last year
Delhi High Court provides relief to Ola, Rapido; stays taxi ban order. A division bench of Justices also directed Transport Department to refrain from taking any coercive measures against Rapido and other ride-sharing platforms until a comprehensive policy is formulated
Not chasing sales, focus on solid customer experience: McLaren India. McLaren formally started operations in India in November last year when it opened its first showroom in Mumbai
Mahindra & Mahindra increases capex outlay for FY22-24 to Rs 15,900 cr. Mahindra & Mahindra on Friday said it has revised upward the capital expenditure (capex) outlay for the three years cycle of FY22-FY24 to Rs 15,900 crore from Rs 15,075 crore. An additional Rs 1,600 crore will go into the conventional ICE (Internal Combust
Ford EV owners to get access to Tesla Supercharger network next spring. All of Ford Motor Co's current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the US and Canada starting next spring. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the agreement Thursday during a Twitte
Tata Motors on the green path, every 3rd vehicle to be either CNG or EV. Automaker to increase share of CNG-powered vehicles without compromising on comfort, features
NCLAT to hear Zee Entertainment's plea challenging NCLT order today. NCLT had directed Indian bourses to reconsider their prior approvals for the merger of ZEEL and Culver Max Entertainment, formerly called Sony Pictures India
Adani Wilmar enters whole wheat market in India under its brand Fortune. The company will offer several varieties of wheat, including, Sharbati, Poorna 1544, Lokwan, and MP Grade 1 in Delhi, Maharashtra, Madhya Pradesh, Gujarat and Rajasthan
Tesla whistleblower leaks data on customers' Full Self-Driving complaints. Challenging Musk's full self-driving claims, a Tesla whistleblower has reportedly leaked data to a German media outlet that contains thousands of customer complaints about automaker's FSD features
SAIL net profit falls 50% YoY to Rs 1,159.21 cr in Jan-Mar quarter. State-owned SAIL has posted over 50 per cent fall in its consolidated net profit to Rs 1,159.21 crore for the quarter ended March 31, dragged down by lower income. It had clocked a net profit of Rs 2,478.82 crore during the January-March quarter of the pre
How Nvidia is leading other chipmakers amid the emergence of ChatGPT. ChatGPT has disrupted the tech world, but not many know that US-based Nvidia is at the heart of the AI revolution
NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger. The National Company Law Appellate Tribunal (NCLAT) has set aside the order of NCLT directing bourses NSE and BSE to reconsider their approval for the Zee-Sony merger. A two-member NCLAT bench has asked NCLT to consider the merger of Zee Entertainment with
Mahindra Q4 PAT up 18% at Rs 2,637 cr; revenue at Rs 32,366 cr. Mahindra & Mahindra on Friday said its consolidated profit after tax increased by 18 per cent to Rs 2,637 crore for the fourth quarter ended March 31, riding on the back of robust performance across automotive, farm equipment and financial services busines
Sun Pharma Q4: Consolidated net profit at Rs 1,984 crore, revenue up 15%. The company's consolidated revenue from operation rose by 15.7 per cent to Rs 10,931 crore for the March quarter as compared to Rs 9,447 crore in the year-ago period
Go First extends flight cancellations till May 28, promises full refund. This comes a day after the Directorate General of Civil Aviation (DGCA) granted 30 days to cash-strapped airline to submit a restructuring or revival plan
Grasim Industries Q4 results: Net profit falls 91% to Rs 93.51 crore. The company declared a dividend of Rs 10 per share
Jet Airways revival: Jalan-Kalrock gets 97-day extension to pay dues to SBI. National Company Law Appellate Tribunal passes order based on consortium's application
Axiscades Technologies net profit grows 55% YoY to Rs 16 cr in Q4. Engineering solutions provider Axiscades Technologies has posted a 55 per cent jump in its consolidated net profit to Rs 16.05 crore in the fourth quarter ended March 2023, backed by higher income. It had clocked a net profit of Rs 10.64 crore during the J
Hyundai Motor, LG Energy Solution to invest .3 bn in US battery plant. In October, Hyundai Motor Group began the construction of a 300,000-unit-a-year EV and battery plant in Georgia, aiming to begin commercial production in the first half of 2025
BEML profit grows 18% YoY to Rs 158 cr in Jan-Mar quarter as expenses dip. Consolidated profit rose to 1.58 billion rupees (.12 million) for the three months ended March 31, from 1.33 billion rupees a year earlier
Reliance Consumer Products partners General Mills to launch Alan's Bugles. RCPL, FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), announced its foray into the western snacks category with the launch of Alan's Bugles in India
AGEL commissions 130-MW wind plant in Guj; portfolio crosses 1 GW-mark. Adani Green Energy Limited (AGEL) on Friday said its arm Adani Wind Energy Kutchh Five Limited (AWEK5L) has commissioned a 130-MW wind power plant located at Kutch in Gujarat. With the commissioning of the plant, its total operational wind generation capa
ONGC to pay Rs 50 lakh damages for crude oil leak in Bharuch district. The Gujarat Pollution Control Board (GPCB) has ordered the Oil and Natural Gas Corporation (ONGC) to pay Rs 50 lakh in damages for the spillage of crude oil from its pipeline in Bharuch district, an official said on Friday. It has been alleged that 25 came
M&M Q4 net profit rises 18% to Rs 2,637 cr, automobile unit leads. Company announces dividend of Rs 16.25 per share for FY23
Inox Green Energy Services loss narrows to Rs 1.61 cr in March quarter. Inox Green Energy Services on Friday said its consolidated net loss narrowed to Rs 1.61 crore in the March 2023 quarter. The company had reported a consolidated net loss of Rs 1.96 crore in the quarter ended March 2022, a BSE filing showed. Its total incom
Physics Wallah to invest Rs 120 cr in 3 yrs to boost tech skilling platform. Edtech unicorn Physics Wallah plans to invest Rs 120 crore in the next two-three years to boost its technology skilling platforms, the company said on Friday. PW Skills plans to invest the corpus in development of technology and the platform, content inclu
'No fungus contamination in lassi': Amul terms viral video 'fake'. According to media reports, a video that has now gone viral on social media claimed that the fungus was found in packs of Amul Lassi even before its expiry date
Emami Q4 results: Consolidated net profit falls 59% to Rs 144 crore. The company's consolidated revenue from operation rose by 8.8 per cent to Rs 836 crore for the March quarter as compared to Rs 768 crore in the year-ago period
Zee Entertainment posts loss of Rs 196 cr on low ad demand, higher costs. Zee posted a consolidated net loss of 1.96 billion rupees (.7 million) for the fourth quarter ended March 31, against a profit of 1.82 billion rupees a year ago, a regulatory filing showed
TVS Supply Chain chief R Dinesh elected CII president, Rajiv Memani is VP. Veteran entrepreneur is winner of several business awards, has assisted industry group for many years
Anil Agarwal's Vedanta pledges nearly all its HZL stake to raise funds. Fresh loan of 0 million raised from JPMorgan Chase, Oaktree
Bernstein pegs Reliance Industries' stake in retail arm at 1 billion. Says firm best positioned in the 'largest and fastest growing e-com market'
After Nandini row in Karnataka, now it's Amul vs Aavin in Tamil Nadu. Stalin writes to Amit Shah against Amul procuring milk from Aavin's milkshed area
Jubilant Industries Q4 consolidated net profit rises to Rs 18.78 crore. The company's consolidated revenue from operation rose by 4.5 per cent to Rs 343 crore for the March quarter as compared to Rs 328 crore in the year-ago period
LIC's shareholding in Bata India increases from 4.497% to 6.532%. The company raises stake in Tata Power from 5.917% to 7.935%
'Some talks going on', says Oil India CMD on Kenya oilfield acquisition. The state-owned oil company also witnessed double-digit growth in revenue driven by the natural gas business
IRFC Q4 results: Profit falls 11% to Rs 1,328 crore, revenue up 5%. The company's consolidated revenue from operation rose by 5.14 per cent to Rs 6,236 crore for the March quarter
Ircon International Q4 PAT grows 25% to Rs 248 cr, total revenue up 31%. Ircon International Ltd on Thursday said it has posted a 25 per cent growth in its profit after tax at Rs 248.18 crore during the March quarter, helped by higher income. It had clocked Rs 197.09 crore profit after tax (PAT) during the January-March quarter
Nikon aims double-digit FY24 growth, expects India to be in top 3 markets. Japanese imaging products maker Nikon expects around 11 per cent volume-driven growth in India in the current fiscal, touching its top-line to Rs 1,000 crore-mark, and expects the country to be among its top three global markets, according to top company o
Third round of layoffs: Meta's senior India executives get pink slips. Directors of marketing, media partnerships among impacted
Triveni Engineering and Industries Q4 net profit rises 74% to Rs 190 crore. The board of directors approved the re-appointment of Tarun Sawhney as managing director of the company for a further period of five years
India sees a Rs 200 cr investment in washing machine plant by Thomson. Thomson has invested Rs 200 cr to set up washing machine manufacturing unit in India which will produce 500,000 in six month
Vi cuts net loss to Rs 6.4K crore; logs first post-merger revenue rise. However, 4G customer count grew by a million sequentially to 122.6 million
Made-in-India Harley-Davidson X 440 unveiled, launch in July this year. The Harley-Davidson X 440, has a chunky front, with a large, square-ish fuel tank. It has a single-piece seat that kinks and flows into the pillion section
Pinwheel Samosa in Mumbai, Makhni Pasta in Delhi: Tim Hortons goes desi. Tim Hortons' cheapest food item in India is Timbits, or 'donut holes' priced at Rs 39
Justice Pratibha recuses herself from Go First lessors' case against DGCA. Though Justice Singh gave no explanation about the reason for her recusal, it should be noted that her spouse Senior Advocate Maninder Singh was representing Go First in NCLAT
BMW launches its 2023 Z4 Roadster at Rs 89.30 lakh for Indian market. BMW will offer the Z4 in its M Performance trim, M40i. The car comes with a standard two-year warranty with unlimited kilometres
Emami Q4 net profit falls 59.42% to Rs 144.43 crore, revenue up 8.8%. Revenues from operations at Rs 835.95 crore in Q4FY23 was higher by 8.8 per cent from the year-ago period
Bikano eyes Rs 200-crore sales through export market, expects 40% growth. Bikano has curated its product lineup by offering numerous nutritious and delectable options that are free from preservatives
PhonePe links 2 lakh Rupay credit cards to UPI, says it is first to do it. Enables Rupay card acceptance across 12 million merchant outlets in the country
Tata Electronic plans to bolster presence in electronics, semiconductor biz. Tata Electronic's expansion plans are being seen as an extension of its ongoing acquisition of Wistron's iPhone manufacturing unit in Karnataka's Kolar district
Ola Electric gears up for India's largest automotive IPO by early 2024. The company has just secured 0 million in funding, led by a sovereign fund, pushing the valuation from billion to billion
DGCI asks labs to priortise mandatory testing of cough syrup before exports. With India making testing of cough syrups before export mandatory from June 1, the Drugs Controller General of India (DCGI) has asked specified state laboratories to examine such samples from manufacturers on "top priority and issue the test report at the
Dish TV's minority shareholders reach out to ministry on EGM delay. The company's minority shareholders are demanding a rejig of the company's board and the appointment of a new management team to put the DTH provider back on the profitability path
Staffing, IT software industries show highest demand for freshers in India. The demand for interns is the highest in the IT industry which accounts for 35 per cent of all openings: foundit data
Centre may meet disinvestment target of Rs 51,000 crore for FY24. IDBI Bank, Concor key for realisation, otherwise it may have to resort to offer for sale
Wipro chairman Rishad Premji's compensation down 50% as profits fall. Company filing says 'no commission payable for fiscal year'; CEO and CFO take cuts too
Bayer CropScience records 3.79% increase in Q4 profit at Rs 159 crore. Bayer CropScience on Thursday reported 3.79 per cent increase in net profit at Rs 158.5 crore for March quarter 2022-23, as against Rs 152.7 crore in the year-ago period. Total income rose to Rs 982.5 crore during the quarter from Rs 963.3 crore in the yea
Pricol gets relief from Madras High Court in tussle with Minda Corp. Auto components maker Pricol Ltd on Thursday said it has moved the Madras High Court challenging the validity of the application of rival Minda Corporation to the Competition Commission of India to acquire a 24.5 per cent stake in it. Minda Corporation had
Harsh Jain, founder of start-up Dream11, elected IAMAI chairperson. Organisation representing technology companies also names new vice chairman and treasurer
Global mobility firm Flix to enter India in early 2024 with bus service. Company operates in 40 countries, owns US transport firm Greyhound
Mike Young to take charge as senior VP for Vedanta's semiconductor biz. His appointment comes at a time when Anil Agarwal-led Vedanta has been on an aggressive talent acquisition drive to attract leaders from the semiconductor industry globally
Essar Oil partners Sensia for digitalisation of oil, gas field operations. Essar Oil and Gas Exploration and Production Ltd (EOGEPL), India's leading pioneering unconventional hydrocarbon player, on Thursday announced its collaboration with Sensia for the digitalisation of oil and gas field operations to enhance operational effic
Bharat Dynamics Q4 results: Net profit declines 42% to Rs 153 crore. The company's consolidated revenue from operation fell by 42.86 per cent to Rs 798 crore for the March quarter
Anil Agarwal's Vedanta pledges almost its entire stake in Hindustan Zinc. Vedanta created a pledge of 3.3% of its total equity or 13.94 crore shares in favour of Axis Trustee Services on May 23
HC judge rejects pleas by Go First's lessors for release of leased planes. Justice Prathiba M Singh recused herself from hearing the four petitions without assigning any reason
0 bn e-commerce biz: Retail, telecom, media mix to put Reliance at top. Billionaire Mukesh Ambani's Reliance is the best-positioned player in the USD 150-billion Indian e-commerce market ahead of Amazon and Walmart due to it owning the potent combination of largest retail store network, dominant telecom operations and strong d
TTK Prestige posts 26% drop in Q4 profit as cookware demand weakens. The Bengaluru-based company's consolidated net profit fell to 594.5 million rupees (.18 million) in the three months ended March, from 800.2 million rupees a year earlier
Spicejet insolvency: NCLT defers hearing of plea by Aircastle to June 1. Aircastle had filed a plea over unpaid dues for an order amounting to Rs 49 crore
Go First gets up to 30 days to submit revival plan, to give info on fleet. DGCA asks cash-strapped airline to also provide details pilots and other personnel
BCCI likely to wait for Zee-Sony merger before selling media rights: Report. According to media reports, Zee Entertainment Enterprises is in talks with the creditors to repay its debt and clear the last obstacle in completing its merger with Sony Pictures Network India
Eye on exports, Bikano launches frozen products in international market. Bikano hopes to capitalise on prospects in the international market and anticipates sales of Rs 200 crore in 2023-24
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