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NSE share market NEWS tomorrow (23 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (23 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 May 2023

Adani Enterprises was amongst the top gainers, currently trading at 2633.70 in NSE with 1.081 times change in volumes and 13.224% change in price. Other gainers included Multi Commodity with 5.174% price change and 1.554 times volumes, Adani Green with 4.996% price change and 0.496 times volumes, Bandhan Bank with 4.725% price change and 1.331 times volumes, and Apl Apollo with 4.574% price change and 0.838 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.

Ncc was amongst the top losers, currently trading at 102.40 in NSE with 11.678 times change in volumes and -8.49% change in price. Other losers included Angel One with -3.406% price change and 1.341 times volumes, Ltimindtree with -2.599% price change and 0.784 times volumes, Rail Vikas with -2.502% price change and 0.599 times volumes, and Bharat Electronics with -2.309% price change and 0.544 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.

GE T&D India's loss narrows on lower input costs in March quarter. BENGALURU (Reuters) - GE T&D India Ltd, which manufactures power transmission and distribution equipment, reported a narrower fourth-quarter loss on Tuesday, as the company kept a tight lid on expenses.

Adani stocks get fresh boost as GQG ups wager, post gains third day on trot. US investment firm says it has raised stakes in Adani group firms; Group mcap now only 44% below pre-Hindenburg levels

'No definite timeline for resuming operations', Go First tells DGCA. Go First stopped its operations on May 3 and announced the cancellation of flights for May 4 and May 5

JSW Energy Q4 results: Consolidated net profit falls 68% to Rs 272 crore. The company's consolidated revenue from operation rose by 9.38 per cent to Rs 2,670 crore for the March quarter as compared to Rs 2,441 crore in the year-ago period

No definite timeline yet for resuming flights: Go First tells DGCA. Airline has filed for bankruptcy, blames engine supplier Pratt & Whitney for grounded fleet

Akzo Nobel India net profit down 2% to Rs 95.4 cr in March quarter. Paints and coatings maker Akzo Nobel India Ltd on Tuesday reported a 2 per cent decline in its consolidated net profit to Rs 95.4 crore for the fourth quarter ended on March 31, 2023. The company had posted a net profit of Rs 97.4 crore during the January-

Schneider Electric Infra profit grows to Rs 44.8 cr in March quarter. Schneider Electric Infrastructure (SEIL) Ltd on Tuesday posted a multi-fold jump in its net profit to Rs 44.8 crore during the January-March quarter, boosted by higher income. It had clocked a net profit of Rs 7 lakh during the January-March quarter of the

Funding for agrifoodtech startups declines 33% to .4 bn in 2022. Funding in Indian agrifoodtech startups declined 33 per cent during the last calendar year to USD 2.4 billion on higher base, according to AgFunder and Omnivore joint report. "Agrifoodtech startups in India raised a total of USD 2.4 billion in 2022, down 3

Apple inks multi-billion-dollar deal with Broadcom for US-made chips. Broadcom shares were up 4.3% in premarket trading after the announcement. The chipmaker is already a major supplier of wireless components to Apple

Microsoft's Bing chatbot updated with chat history: Details on all upgrades. Microsoft had announced the upgrades to its generative AI chatbot earlier this month and has now confirmed that they are rolling out new upgrades such as chat history, charts and visualisations, etc

Nirma, 3 private equity firms in race to buy Glenmark Life Sciences. Glenmark owns 82.8 per cent stake in the company which closed at a total market valuation of Rs 6,361 crore on Tuesday with its shares closing at Rs 519 a share on Tuesday

IPO-bound Netweb Technologies PAT more than doubles to Rs 47 cr in FY23. IPO-bound IT hardware company Netweb Technologies has posted over two-fold jump in its profit after tax at Rs 46.93 crore in the financial year ended March 31, 2023, according to a regulatory filing. The company had posted a profit after tax of Rs 22.45 cr

NMDC Q4 results: Net profit rises 22% to Rs 2,277 cr, revenue falls 13%. The company's revenue from operation fell by 13.76 per cent to Rs 5,851 crore for the March quarter as compared to Rs 6,785 crore in the year-ago period

Amara Raja Batteries Q4 results: Consolidated profit rises 41% to Rs 139 cr. The company's consolidated revenue from operation rose by 11.37 per cent to Rs 2,429 crore for the March quarter

Ashok Leyland Q4 consolidated net up four-fold to Rs 803 cr. Revenue from operations up 33% to Rs 13,203 cr in Q4 of FY23

Dynamic Cables Q4 profit up 18% to Rs 10 cr, income grows to Rs 179.60 cr. Dynamic Cables on Tuesday said its consolidated net profit climbed a 17.92 per cent to around Rs 10 crore during the quarter ended March 31, boosted by higher income. It had clocked a net profit of Rs 8.48 crore in the January-March quarter of FY22, the co

Amara Raja Batteries posts 41% rise in Q4 net profit; revenue up 11%. During the period under review, the company's revenue from operations also saw an increase of 11 per cent to Rs 2,429 crore, from Rs 2,181 crore during Q4 FY22

ALD Automotive completes acquisition of LeasePlan, makes local mgt changes. With this deal, the combined entity now has a total of 3.31 million vehicles managed worldwide

Biocon Q4 results: Net profit rises 31% to Rs 313 cr, revenue up 57%. For the entire financial year, the company's net profit saw a decline of 29 per cent to Rs 462.7 crore, as compared to Rs 648.4 crore in 2021-22

Noida Metro invites feedback from public to improve services, experience. The Noida Metro Rail Corporation (NMRC), which operates the Noida-Greater Noida Metro, on Tuesday said it has invited feedback from public and service providers to improve commuters' travel experience. For this, the NMRC has floated a questionnaire which w

SpiceJet hikes salaries for captain pilots to Rs 7.5 lakh per month. Budget carrier SpiceJet on Tuesday announced hiking the salary for its captains to Rs 7.5 lakh per month for 75 hours of flying as well as introduced a tenure-linked loyalty reward for them. Salaries of trainers and first officers have also been increased

Reliance Retail hands over pink slips to 700 staff, many on watch list. Reliance Retail has retrenched more than 700 people from its business to business vertical Jio Mart, industry sources said on Tuesday. Isha Ambani-led Reliance Retail is now integrating the Indian cash & carry business of German retailer Metro AG after com

FTSE ups Manyavar's weighting; Max Healthcare likely to make MSCI cut. Global index provider FTSE has increased the weightage of Vedant Fashions (Manyavar) in four of its indices

Dixon Technologies profit climbs 27.7% to Rs 80.62 cr in March quarter. Dixon Technologies (India) Ltd on Tuesday reported a 27.7 per cent rise in consolidated net profit at Rs 80.62 crore for the fourth quarter ended March 31, 2023. The company had posted a net profit of Rs 63.13 crore for the January-March period a year ago,

PC shipments fell by 30% in first quarter, notebooks fared the worst. The hope is that global companies like HP, Dell, Acer, Asus, and Lenovo will move their production to India by giving contracts to EMS players

US Trade Development Agency aims for greater India-US partnership on 5G. The workshop was an effort to convene leading industry experts and officials to exchange information on approaches, solutions, and applications of 5G and next generation networks in India

Indian market offers opportunity of innovation for Nescafe: Nestle official. India is one of the fastest growing markets for Nescafe and offers a "huge opportunity" for innovation and premiumisation, according to a senior Nestle official. Nescafe is a coffee brand owned by leading Swiss food company Nestle. Nestle's Head of Coffee

Dish TV CEO Atul Dua to quit, company proposes Manoj Dobhal new chief. Dish TV on Tuesday proposed to appoint Manoj Dobhal as the new CEO of the company as incumbent Anil Dua has decided to quit the direct-to-home company. Dobhal is the current Chief Operating Officer (COO) of the company. Dish TV is embroiled in a tussle bet

Fortis Healthcare net profit rises 59% to Rs 138 cr in March quarter. Fortis Healthcare on Tuesday said its consolidated net profit increased 59 per cent to Rs 138 crore for the March quarter, on the back of strong performance in the hospital business. The healthcare major had reported a net profit of Rs 87 crore in the Janu

Paytm Payments gets RBI nod to re-appoint Vijay Shekhar as part-time chair. Paytm Payments Bank has received RBI nod to re-appoint Paytm CEO Vijay Shekhar Sharma as part-time chairman for a year, a regulatory filing said on Tuesday. "We have been informed that Paytm Payments Bank Ltd (PPBL) has received approval of RBI for re-appo

Textile industry veteran Karumuttu T Kannan passes away in Madurai. Kannan was a board member of TVS Motor and other companies, and an educationalist associated with several institutions

SJVN Q4 profit grows over two fold to Rs 17 cr, boosted by higher income. State-owned SJVN's consolidated net profit jumped over two-fold to Rs 17.21 crore during the quarter ended March 31, boosted by higher income. It had clocked a net profit of Rs 7.49 crore in the January-March quarter of the preceding financial year (FY22),

Physis Capital announces first close of mn fund for start-ups. Fund aims to build a portfolio of 15-20 start-ups, with an average ticket size of .5 million

Disney to give pink slip to 2,500 employees in third round of layoffs. The first round of layoffs began in March when Disney CEO Bob Iger announced three rounds of layoffs as the company aims to reduce its workforce by around 7,000 workers

Battery-tech startup EMO Energy raises .2 million in seed funding round. Battery-tech startup EMO Energy on Tuesday said it has raised USD 1.2 million (nearly Rs 10 crore) in a seed funding round led by Transition VC and co-led by venture capital firm Gruhas. EMO offers battery packs for light electric vehicles (EVs) using its

GQG's Jain raises stake in Adani stocks by 10% to .5 bn; to buy more. That initial investment in the beleaguered conglomerate bolstered the tycoon's companies after they were accused of "brazen" stock-price manipulation and corporate fraud

Bajaj Electricals Q4 profit up 34% YoY to Rs 52 cr, total revenue rises 12%. Bajaj Electricals on Tuesday reported 34.08 per cent rise in consolidated net profit at Rs 51.85 crore for the fourth quarter ended March 31, 2023. The company had posted a net profit of Rs 38.67 crore in the year-ago period, Bajaj Electricals said in a re

BOC Aviation files NCLT application to secure aircraft leased to Go First. Appellate court has upheld NCLT order admitting Go First's insolvency petition, hurting lessors' plans to secure plans

Kirloskar Industries announces dividend of Rs 11 per share for FY23. Kirloskar Industries announced dividend, increase in equity share capital and future plans approved by the company's board

SpiceJet emerging from toughest challenges', has new growth plan: Chairman. SpiceJet emerging from toughest challenges', has new growth plan: Chairman

Infosys unveils a platform 'Topaz' for generative artificial intelligence. Infosys Topaz is an AI-first offering to accelerate business value for global enterprises using generative AI

Garware Technical Fibres Q4 consolidated PAT up 11% QoQ at Rs 59.6 cr. Technical textiles manufacturer Garware Technical Fibres on Tuesday reported an 11 per cent growth in consolidated profit after tax (PAT) at Rs 59.6 crore during the quarter ended March 31. The company's PAT stood at Rs 53.9 crore during the corresponding

Varroc Engineering swings to profit on strong demand in March quarter. Revenue from operations rose nearly 2.3% to 16.90 billion rupees, outpacing expenses, which grew 0.8%

AI platform Builder raises over 0 mn led by QIA in Series D funding. AI-powered software platform Builder.ai on Tuesday announced it has raised over 0 million in its Series D funding led by Qatar Investment Authority (QIA)

Ashok Leyland Q4 results: Consolidated net profit falls 17% to Rs 751 crore. The company's consolidated revenue from operation rose by 32.95 per cent to Rs 11,626 crore for the March quarter

DGCA grants Design Organisation Approval to flying taxi startup ePlane. Electric flying taxi startup, The ePlane Company on Tuesday said the Directorate General of Civil Aviation (DGCA) it has granted the Design Organisation Approval (DOA)

Average salary in e-commerce, tech start-ups at a five-year low: Report. The average salary in the hospitality sector also fell to a five-year low in FY22: TeamLease report

EIH Ltd reports its highest ever full-year consolidated revenue in FY22-23. EIH Limited, India's premium hospitality company, reported its consolidated financials for the fourth quarter and full year ending March 31st, 2023

Shriram Properties acquires a new project 'Divine City' in Chennai. The project has a revenue potential of around Rs 1,200 crore in the next five years

Tata Group only Indian firm in BCG list of top 50 most innovative firms. Tata Group was placed in the twentieth spot in the list of most innovative companies in the world

Sansera Engineering net profit dips 5% YoY to Rs 35 cr in March quarter. Sansera Engineering on Tuesday said its consolidated net profit dipped five per cent to Rs 35.42 crore in the March quarter. The consolidated net profit of the company was Rs 37.36 crore in the quarter ended on March 31, 2022, a company statement said. Tot

Simple Energy launches electric scooter Simple ONE, plans to invest 0 mn. Electric two-wheeler startup Simple Energy on Tuesday officially launched its maiden electric scooter, Simple ONE, at a starting price of Rs 1.45 lakh (ex-showroom Bengaluru), almost 21 months after its unveiling. However, the model with a 750W charger wil

Go First's suspended board files caveats before SC against aircraft lessors. The suspended board of Go First on Tuesday filed caveats before the Supreme Court against four aircraft lessors of the crisis-hit airline. Four caveats have been filed by Varun Berry, the Chairman of the suspended board of Go First through his counsel advo

Zerodha's co-founder, Nikhil Kamath is backing on domestic consumption. Nikhil Kamath explains to his followers why India's domestic consumption market is the place to be in the coming decade

SJVN Q4 profit rises over two-fold to Rs 17 cr, income grows to Rs 582 cr. State-owned SJVN's consolidated net profit jumped over two-fold to Rs 17.21 crore during the quarter ended March 31, boosted by higher income. It had clocked a net profit of Rs 7.49 crore in the January-March quarter of the preceding financial year (FY22),

Builder.ai gets 0 mn from Qatar Investment Authority, valuation up 1.8x. The funding will fuel the company's innovation pipeline allowing further investments in talent, partnerships, and technology

Simple Energy launches 'India fastest' e-scooter with 200 km range. Bengaluru-based raising funds for its product that has got advance bookings for more than 100,000 units in 18 months

JLR partners with TCS to launch its open innovation programme in Israel. The programme will leverage TCS' Co-Innovation Network in Israel, to identify local technology offerings and scale them to global mobility solutions and services

Jio 5G services now available in all districts, 200 major cities of Odisha. Jio 5G service is now available in all district headquarters as well as over 200 major cities and towns across Odisha, a company official said on Tuesday

Zurich insurance company DIFC transforms biz operations with TCS BaNCS. TCS BaNCS for Property and Casualty is a complete insurance solution suite designed to manage a wide range of complex contracts and calculations with enhanced regulatory compliance and auditability

Vivriti seeks 0 mn for India's debut ABS private debt investment. "It will be a performing private credit, which is targeting a rupee return of 11%-12% for its investors, implying a dollar return of anywhere between 7% to 8%," Sukumar said

ONGC, Oil India in talks for 50% stake in .4 billion Kenya oilfield. India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the potential acquisition of a 50 per cent stake in Tullow Oil Plc's USD 3.4 billion oilfield project in Kenya, according to pe

Policybazaar Q4 results: Net loss narrows to Rs 9 crore, revenue up 61%. The company's consolidated revenue from operation rose by 60.92 per cent to Rs 869 crore for the March quarter as compared to Rs 540 crore in the year-ago period

Shree Cement Q4 results: Consolidated net profit falls 15% to Rs 546 cr. The company's net revenue up QoQ by 18% from Rs 4,069 crore to Rs 4,785 crore

Dhanlaxmi Bank Q4 net up 63% to Rs 38 cr on improvement in asset quality. For the whole of FY23, the bank's net profit was up 37% to Rs 49.36 crore

Maruti Suzuki partners with Cholamandalam Investment and Finance Company. Maruti Suzuki India Ltd on Monday said it has partnered with Cholamandalam Investment and Finance Company Ltd (Chola) for inventory financing for its dealer partners. The new alliance will empower over 3,600 Maruti Suzuki dealerships across the country wit

Ola Electric secures 0-million funding at -billion valuation. In the previous deal, Ola Electric had raised 0 million from investors like Tekne Private Ventures, Alpine Opportunities Fund, and Edelweiss

Start-up Inxee Systems develops new smart visual docking guidance system. Startup Inxee Systems has developed a new Smart Visual Docking Guidance System (SVDGS) and it has been deployed at Kolkata's Netaji Subhas Chandra Bose International Airport. The system will help provide enhanced precision and safety for pilots. Developed

Reliance Retail begins layoff as JioMart B2B consolidation starts. Following the METRO buy, it shuts a few warehouses as part of the integration exercise

Waaree Renewables Technology Q4 net profit grows to Rs 12.3 crore. Waaree Renewables Technology Ltd (WRTL) on Monday posted an 81 per cent jump in consolidated net profit to Rs 12.3 crore in the March 2023 quarter. The company had registered a net profit of Rs 6.8 crore during the January-March quarter of 2021-22, the com

Jio adds 3.05 mn mobile users in March, Vodafone Idea loses 1.2 mn users. India's largest telecom operator Reliance Jio added 30.5 lakh mobile subscribers in March, accelerating its momentum of February, while Vodafone Idea lost 12.12 lakh wireless users during the month, according to data released by telecom regulator TRAI. Sun

Wockhardt, directors settle case with Sebi, pays Rs 76 lakh for settlement. Drug maker Wockhardt and its three directors on Monday settled with Sebi a case pertaining to alleged non-disclosure of adverse observations made by the USFDA about the company's manufacturing facility to the exchanges in 2013. The entities together paid R

Torrent Power board to consider plan to raise up to Rs 3,000 cr via NCDs. Torrent Power board will consider a proposal to raise up to Rs 3,000 crore through the issuance of non-convertible debentures on a private placement basis. A meeting of the Board of Directors is scheduled to be held on Monday, May 29, 2023, to consider and

Nearly 2 mn mobile connections added in March, highest in nine months. Growth seen in both rural and urban areas with greater concentration in the latter

HFCL bags Rs 222 cr order from Reliance Jio for transmission equipment. Domestic telecom gear maker HFCL has bagged about Rs 222 crore order from Reliance Jio and its sister concern Reliance Projects & Property Management Services Limited for transmission equipment, according to a regulatory filing. The company has bagged an o

Commodity exchange MCX's quarterly profit falls 85% to Rs 5.45 cr. Multi Commodity Exchange of India (MCX) has reported an 85 per cent decline in consolidated profit after tax at Rs 5.45 crore for the quarter ended March. The profit after tax stood at Rs 36.53 crore in the year-ago period, according to a regulatory filing

GQG Partners buys Max Healthcare shares for Rs 415 cr via open market. GQG Partners on Monday acquired shares of hospital chain Max Healthcare Institute for Rs 415 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), GQG Partners Emerging Markets Equity Fu

Hindustan Unilever, Genpact launch Be.Seen to help minority-owned units. FMCG giant may absorb these businesses into its own supply chain

Spencer's Retail net loss widens to Rs 61.22 cr in Jan-Mar quarter. RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Monday said its consolidated net loss widened to Rs 61.22 crore for the fourth quarter ended March 2023. The company had posted a net loss of Rs 42.47 crore in the January-March period a year ago, Spencer'

Muthoot Capital Services reports net profit at Rs 26 cr in Jan-Mar quarter. Non-bank lender Muthoot Capital Services has reported a profit of Rs 25.96 crore for the March quarter. The listed entity of Muthoot Pappachan Group had reported a loss of Rs 151.83 crore in the year-ago period. The total income grew 7 per cent to Rs 115.6

BPCL Q4 results: Net profit rises 159% to Rs 6,478 cr, revenue up 8%. The average gross refining margin for FY23 rose to .24 per barrel as against .66 a barrel in FY22

EIH's profit after tax jumps multi-fold to Rs 92 cr in March quarter. Hospitality firm EIH Limited on Monday said its consolidated profit after tax in the fourth quarter ended March grew multifold to Rs 92 crore over the year-ago quarter. Profit after tax grew to Rs 329 crore in FY23 as against the previous year, the company

JSW Steel, JFE Steel to form JV for CRGO electrical steel manufacturing. JSW Steel and JFE Steel's strategic alliance goes back to 2009

ITC sets up consumer goods manufacturing unit in Odisha, CM inaugurates. Odisha Chief Minister Naveen Patnaik on Monday inaugurated ITC's integrated consumer goods manufacturing and logistics facility at Khurda. Congratulating ITC CMD Sanjeev Puri, Patnaik urged him to expand the company's footprint in the state. He reiterated

Succession planning: Shashwat Goenka to become chairman of Spencer's Retail. Spencer's on Monday reported a loss after tax of Rs 61.22 crore in Q4FY23 compared to a loss of Rs 42.47 crore in the year-ago period

Vedanta announces dividend worth Rs 6,877 cr, Rs 18.5 per equity share. The board has approved the first interim dividend of Rs 18.50 per equity share which is 1850% on face value of Re 1/- per share for the Financial Year 2023-24

Public transport tech firm Chalo raises million, to expand globally. The funding would help the firm to expand its presence in international markets after its successful entry into South-East Asia

Tiger Global to invest in Rajasthan Royals at a likely valuation of 0 mn. The investment firm is likely to invest million in the franchise at a valuation of 0 million

TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment. Tejas Networks Ltd, too, is a part of the TCS-led consortium which has bagged APO for 4G deployment

TCS-led consortium wins Rs 15,000 crore BSNL 4G network rollout deal. Tejas Networks, a subsidiary of Tata Group, is a part of the consortium and will supply and service the radio access network equipment

JioCinema, Voot merger in final stages; may be announced by May-end: Report. The companies are waiting for the ongoing season of the Indian Premier League (IPL) to conclude before finalising the merger

Instagram up after a brief outage, company says 'technical issue'. Meta-owned Instagram came back to life after being down for over an hour early on Monday as users witnessed errors saying the app couldnt refresh, and the website went blank for some users

TCS-led consortium secures BSNL 4G deployment order worth Rs 15,000 crore. Around 75% of the deal will go to TCS, say sources; consortium is expected to develop 4G core and RAN technology for BSNL's telecom services

PhonePe raises additional 0 million from PE firm General Atlantic. Walmart Inc-owned payments firm PhonePe said that it has secured an additional 0 million from private equity firm General Atlantic, in the latest round of its ongoing billion fundraising

Women returning to work after break find most demand in telecom, HR sectors. The data by foundit showed that the role of software developer saw the highest demand (33%) for women returnees

Jet Airways revival: NCLAT to rule on consortium plea against SBI on May 30. Lender says Jalan-Kalrock has not paid dues that had a deadline of May 15

Ex-SoftBank Manoj Kohli joins WeWork India as independent board director. Flexible workspace provider WeWork India announced appointment of Manoj Kohli, former Country Head of Softbank India, Softbank Group International, as an independent Director to its Board

L&T bags orders worth over Rs 2,500 crore in Indian, offshore markets. Larsen & Toubro (L&T) on Monday said it has bagged large orders worth over Rs 2,500 crore in the domestic and offshore markets. The power transmission & distribution (PT&D) business of its arm Larsen & Toubro Construction has secured large orders to be set

NCLAT upholds NCLT order admitting Go First's plea for voluntary insolvency. The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings. A two-member NCLAT bench asked several aircraft lessors of Go First opposing insolvency, to appro

Jet Airways case: NCLAT to pass order on JKC's plea against SBI on May 30. In the Jet Airways case, appellate tribunal NCLAT on Monday said it will pass the order on May 30 on the winning bidder Jalan Kalrock Consortium's plea seeking to restrain lead lender SBI from encashing performance bank guarantees worth Rs 150 crore. Amid

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