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NSE share market NEWS tomorrow (19 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (19 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 May 2023

Kei Industries was amongst the top gainers, currently trading at 2024.95 in NSE with 2.888 times change in volumes and 5.422% change in price. Other gainers included Kaynes Technology with 4.472% price change and 0.382 times volumes, Adani Green with 4.23% price change and 4.411 times volumes, Adani Enterprises with 3.495% price change and 3.094 times volumes, and Adani Ports with 3.481% price change and 1.439 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.

Uno Minda was amongst the top losers, currently trading at 533.05 in NSE with 8.422 times change in volumes and -5.008% change in price. Other losers included Rail Vikas with -3.848% price change and 1.393 times volumes, Pnb Housing with -3.06% price change and 1.079 times volumes, Angel One with -2.989% price change and 1.254 times volumes, and Siemens with -2.859% price change and 1.827 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.

Gail initiates legal proceedings against Gazprom for non-supply of LNG. State-owned Gail India on Friday said it has initiated legal proceedings against an arm of the Russian energy giant Gazprom for non-delivery of LNG. The company's chairman and managing director SK Gupta said Gail is seeking damages from Gazprom, but declin

Delhivery consolidated loss widens to Rs 159 crore in March-quarter. The company's consolidated total income from operation fell by 9 per cent to Rs 1,934 crore for the March quarter as compared to Rs 2,127 crore in the year-ago period

NCLT rejects IDBI Bank's insolvency plea against Zee Entertainment. Lender has the option to move appellate tribunal to appeal against the order

JSW Steel Q4 profit rises 13% to Rs 3,664 cr on higher sales volume. Sequentially, revenue and net profit were higher by 20 per cent and 647.75 per cent, respectively

BIRET-GIC to acquire 2 assets from Brookfield funds for .4 billion. This is a first-of-its-kind partnership In India between a listed REIT (real estate investment trust) and a global institutional investor

Planning to enter home services segment, to compete Urban Company: Zomato. Top Zomato leadership on Friday said that home services is one big market they are exploring to enter and make neighbourhood services like electricians, plumbers, etc. more accessible to customers.

Govt plans action against Google after antitrust breaches: Chandrasekhar. The minister declined to specify what sort of policy or regulatory action the government could take

Power Grid Corporation Q4 results: Net profit rises 4% to Rs 4,320 crore. The company's total income in the quarter under review increased to Rs 12,557.44 crore from Rs 11,067.94 crore a year ago

M3M eyes Rs 600 cr sales from phase-1 of City of Dreams project at Panipat. Phase-1 includes 900 plots of 140-180 square yards; Of these, 436 plots have already been sold for Rs 250 crore

Infosys rolls out a 60% average variable payout; Wipro's at 80.2%. IT company Infosys has decided to roll out a 60 per cent average variable payout for its employees for Q4 FY23, while for Wipro the payout stands at 80.2 per cent, according to sources. In an internal communication to employees, Infosys said that the Perfo

Zomato narrows losses to Rs 188 cr in Q4, expenses fall to Rs 2,431 cr. Firm announces three top-level appointments

JSW Steel elevates Jayant Acharya as Joint MD, CEO with immediate effect. JSW Steel on Friday said Jayant Acharya has been elevated to the post of Joint Managing Director and Chief Executive Officer of the company with immediate effect. Until now, Acharya was heading the post of Deputy Managing Director at the company, JSW Steel

PTC India Financial Services Q4 net profit rises nearly 46% to Rs 36.41 cr. PTC India Financial Services on Friday reported a nearly 46 per cent rise in net profit at Rs 36.41 crore for the quarter ended March 2023. The company posted a profit after tax of Rs 24.98 crore in the corresponding quarter of 2021-22. PTC India Financial

SC dismisses Tata Motors plea challenging HC order on disqualification. In a big setback for Tata Motors, the Supreme Court on Friday dismissed its plea challenging an order of the Bombay High Court which upheld the decision of the BEST to disqualify it from a tender process for supplying 1,400 electric buses worth Rs 2,450 cr

PNB Q4 net profit jumps fivefold to Rs 1,159 crore as interest income rises. Net NPAs stood at 2.72 per cent from 4.80 per cent a year ago and 3.30 per cent a quarter ago

Route Mobile net profit more than doubles to Rs 104 crore in Q4 FY23. Enterprise communication services firm Route Mobile on Friday reported an over two-fold jump in its consolidated net profit to Rs 104.05 crore in the fourth quarter ended March 2023. The company posted a profit of Rs 47.42 crore in the same period a year a

Maruti Suzuki working on various initiatives to make roads safer: Official. Maruti Suzuki India is working on multiple initiatives, including setting up driver training institutes and fully automated driving test tracks, in order to make roads safer, a senior company executive said on Friday. The auto major has now automated all 1

Berger Paints expects better margin with drop in input costs: Official. Berger Paints is expecting an improvement in margin with a decline in input costs mainly due to falling crude oil prices, and also weighing a modest increase in rebates during the current fiscal to boost sales, a top company official said. Despite the expe

Dalmia Bharat Sugar doubles profit on higher sales in March quarter. Sugar production, however, slowed, hurt by lower output from the western state of Maharashtra, the country's top producer of the sweetener

Insulin maker GeneSys to invest -60 mn to set up plant in Hyderabad. Biotechnology company GeneSys Biologics Pvt Ltd is planning to invest USD 50-60 million to set up a new large-scale recombinant bulk manufacturing facility in Genome Valley here for the production of insulin analogues. The insulin analogues (medical insuli

Arvind SmartSpaces net profit slips 33% to Rs 9.3 crore in Q4 FY23. Realty firm Arvind SmartSpaces Ltd on Friday reported a 33 per cent decline in its consolidated net profit at Rs 9.3 crore for the quarter ended March 2023. It had reported a net profit of Rs 13.95 crore in the year-ago period. The total income fell to Rs

NTPC logs 6% profit growth in FY23 at Rs 17,197 cr; income rises 34.45%. Rise in demand due to post-Covid rebound, coupled with economic growth, pushed the demand for power

Unacademy skips cash appraisal, speeds up ESOP vesting period by a year. Move to skip cash appraisals driven by firm's goal to achieve at least four quarters of profitability ahead of IPO

Chinese fast-fashion retailer SHEIN 100% Indian on return, says Centre. No FDI, only tech transfer by Chinese fast-fashion retailer

Glenmark posts Q4 net loss at Rs 403 cr on one-time exceptional charge. Glenmark Pharmaceuticals on Friday reported a consolidated net loss of Rs 403 crore for the March 2023 quarter due to an exceptional charge of Rs 800 crore on account of the settlement of litigation related to a generic product in the US. The Mumbai-based

Sensex, Bankex derivative contracts witness record Rs 528 crore turnover. BSE on Friday said that its newly relaunched Sensex and Bankex derivatives contracts witnessed a record turnover of Rs 528 crore on their first weekly expiry on the exchange. The turnover for futures was Rs 35 crore and options saw a turnover of Rs 493 cro

NTPC Green Energy ties up with HPCL Mittal Energy for green hydrogen. State-owned power giant NTPC's arm NTPC Green Energy Ltd and HPCL Mittal Energy Ltd have signed a pact to collaborate in renewable energy and generation of green hydrogen. The two companies envisage to collaborate in the field of Renewable Energy (RE) thro

AI, AI Express hired more than 3,900 people this year: Campbell Wilson. Air India, under the stewardship of Tata Group, is revamping the airline group and hiring more people as it expands the fleet as well as operations

BSE, NSE remove NDTV. Adani Group firm from ASM framework from Monday. Leading bourses BSE and NSE on Friday said that NDTV, an Adani Group company, will move out of the ASM framework from May 22. On March 17, both the bourses moved NDTV from the second to the first stage of the long-term Additional Surveillance Measure (ASM)

India Inc in a wait-and-watch mode on impact of Rs 2,000 note withdrawal. Real estate sector may face the brunt; CEOs from other sectors hopeful of business as usual

Crompton Greaves Q4 profit falls 25.4% to Rs 131.5 cr, revenue from ops up. Crompton Greaves Consumer Electricals Ltd on Friday reported a decline of 25.48 per cent in its consolidated net profit at Rs 131.55 crore in the fourth quarter ended March 2023. The company had posted a net profit of Rs 176.55 crore in the January-March q

JSW Steel plans to raise up to Rs 17,000 cr; bn from int'l markets. JSW Steel on Friday said its board has approved plans to raise funds up to Rs 17,000 crore through the issuance of various securities and tap the international markets to mop up USD 1 billion. According to a regulatory filing, an amount totalling Rs 17,000

Sun TV Networks Ltd PAT falls 7.25% to Rs 380.4 cr in March quarter. South India-based broadcaster Sun TV Networks Ltd on Friday reported a decline of 7.25 per cent in its consolidated profit after tax (PAT) at Rs 380.40 crore for the March 2023 quarter. The company had reported a PAT of Rs 410.17 crore in the January-March

Adani woos bankers: Invites them for a trip to restore confidence. The guests have been invited to meet the senior officials of the conglomerate and wine and dine at a five-star hotel near Mumbai's international airport

Twitter accuses Microsoft of data misuse, foreshadowing a fight over AI. A lawyer for Twitter owner Elon Musk accused Microsoft of misusing the service's data and demanded an audit from the software giant. The letter primarily addresses a seemingly narrow set of alleged infractions by Microsoft in drawing information from Twitt

Jubilant FoodWorks gearing up to launch Domino's for ONDC debut. Companies like McDonald's, Biryani Blues, and Wow! Momo, among others, have already joined or are in the process of doing so on ONDC, according to industry sources.

Go First may be grounded, but IndiGo is in no hurry to expand capacity. According to company management, there is no change in the plan to add more aircraft, which was decided before Go First was grounded

Sony-Zee merger expected to be completed by September: Sony CEO Yoshida. CEO Yoshida said that India has become the most populous country in the world and this has created innumerable opportunities for growth and this is especially true for the entertainment industry

Adani Group stocks lose billion in value as MSCI exclusion weighs. Adani Total Gas Ltd. and Adani Transmission Ltd. - the two stocks to be dropped from the MSCI India gauge at the end of this month

Sign of the times: Infosys cuts employees' variable pay for Q4 FY23 to 60%. In a sign of approaching headwinds, IT firm Infosys has cut the average variable payout at an organisational level to 60 per cent for the fourth quarter of the financial year 2022-23 (FY23), according

Thomas Cook India's Q4 total income rises 150% to Rs 1,300 crore. The Group's operating Ebitda grew significantly to Rs 270 crore for the full financial year 2022-23 (FY23) against a loss of Rs 120 crore in FY22

Suzlon Energy secures fourth wind energy project order in less than a month. This is Suzlon's fourth such order in less than a month. It will supply the wind turbines along with project supervision and commissioning as part of the agreement

Hyundai, Kia agree to 0 mn settlement over TikTok car theft challenge. Hyundai and Kia have agreed to a 0 million settlement to resolve class-action litigation with owners of certain Hyundai and Kia vehicles without push-button ignitions

Google to kill 3rd-party cookies for 1% of Chrome users early next year. Google has announced it will migrate one per cent of Chrome users to Privacy Sandbox and deprecate third-party cookies for them in Q1 2024

Litigants' claims in US court over loan to entity 'bewildering': Byju's. Edtech giant says creditors claim about hiding 0 million 'entirely incorrect'

In Adani-Hindenburg saga hard to pinpoint regulatory failure, says SC panel. On price volatility, the committee said that the Indian market was 'not unduly volatile' after the Hindenburg report on Adani was revealed in January

Why is Tesla so confused about Indian market? Challenges and opportunities. Top Tesla officials are visiting India this week to speak with government officials and discuss local sourcing of parts and other issues

Suzlon bags 69 MW wind energy order from Nordic Energy's Indian subsidary. Renewable energy solutions provider Suzlon has secured a 69 MW wind energy order from the Indian subsidiary of a leading Nordic Energy Company. The order is for the development of a 69 MW wind power project for the Indian subsidiary of a leading Nordic Ene

Shein is coming back to India. Here's why it was banned in the past. With Shein re-entering the Indian market, many speculate about what changed for the Chinese retailer to be allowed re-entrance. Here's all you need to know about the company, its ban and its future

Tesla delegation stops short of committing to India plant in renewed talks. A delegation of Tesla Inc. executives to India discussed the possible local sourcing of components and incentives but stopped short of proposing to build vehicles in the country

PNB Q4 results: Net profit jumps over five-fold to Rs 1,159 crore. In the whole year, however, the standalone net profit was down over 27 per cent to Rs 2,507.20 crore

Indian Oil eyes processing bio-naphtha for petrochemicals: Chairman. Bio-naphtha is typically obtained from hydro-treatment of used vegetable and cooking oils

Godrej Industries Q4 results: Net profit rises 32% to Rs 300 crore. The company's consolidated revenue from operation rose by 9.1 per cent to Rs 4,852 crore for the March quarter as compared to Rs 4,445 crore in the year-ago period

Gail to borrow up to Rs 7,000 cr to fund Rs 10,000 cr capex plan in FY24. Gail India plans to borrow up to Rs 7,000 crore in FY24 to fund the Rs 10,000 crore capital expenditure plan for this fiscal, a top company official said on Friday. The state-owned company's chairman and managing director SK Gupta said, "For this fiscal, w

Motherson Sumi Wiring reports nearly three-fold surge in Q4 profit. Motherson Sumi's profit rose to 1.38 billion rupees (.9 million) in the fourth quarter ended March 31, from 464.2 million rupees, a year earlier

Bandhan Bank Q4 results: Net profit falls 57.5% to Rs 808 crore. Net interest income (NII) for the quarter grew by 18.8 per cent to Rs 2,472 crore as against Rs 2,080 crore in Q3 FY23

Zomato Q4 results: Net loss falls to Rs 188 crore, revenue rises 70%. In FY23, the company's loss fell to Rs 971 crore from Rs 1,209 crore in 2021-22

JSW Steel Q4 results: Consolidated net profit rises 13% to Rs 3,664 crore. The profit jumped as strong demand in the domestic market lifted steel consumption

Wheels India reports Q4 net profit of Rs 24.8 cr, earmarks Rs 200 cr capex. Automobile wheel manufacturer Wheels India Ltd has reported a net profit of Rs 24.8 crore during the quarter ending March 31, 2023, the company said on Friday. During the corresponding quarter of the previous year, it had registered a net profit of Rs 27.9

April domestic air traffic crosses pre-pandemic levels, says DGCA data. April aviation data shows Indigo making up most of the market share in April at 57.5% with Vistara and Air India following behind

DB Corp Q4 results: Net profit up 67.3% to Rs 41 cr, revenue up 12.5%. Media house DB Corp Ltd on Friday reported an increase of 67.3 per cent in its consolidated net profit at Rs 41.02 crore for the fourth quarter ended March 31, 2023. The company had posted a consolidated net profit of Rs 24.52 crore in the January-March qu

MG and Jio join hands to offer better voice-recognition technology. The partnership will focus on the seamless integration of the Hinglish Voice Recognition-enabled experience in MG's newly launched Comet EV, with help from Jio's Digital Assets

Refex Industries posts standalone PAT of Rs 50.67 crore in Jan-Mar quarter. Refex Industries Ltd, engaged in selling refrigerant gases and handling coal ash and fly ash, has reported a standalone profit after tax of Rs 50.67 crore for the quarter ending March 31, 2023, the company said on Friday. During the corresponding quarter o

Siemens to sell division for Rs 2,200 cr, buy EV charging firm for Rs 38 cr. Technology firm Siemens' board on Friday approved the sale of low voltage motors and geared motors businesses to a Siemens AG subsidiary -- Siemens Large Drives India -- for Rs 2,200 crore. The Board of Directors of Siemens Limited has approved the sale an

JK Lakshmi Cement Q4 results: Net profit falls 40% to Rs 110 crore. The company's consolidated revenue from operation rose by 16.37 per cent to Rs 1,862 crore for the March quarter as compared to Rs 1,600 crore in the year-ago period

Muthoot Finance misses Q4 profit view amid weak macroeconomic environment. The gold loan industry has continued to benefit from a surge in the metal's prices amid an increase in safe-haven investment in gold due to market volatility

Suzuki Motorcycle expands retail footprint in TN, launches 4th facility. Japanese two-wheeler manufacturer Suzuki Motorcycle India Pvt Ltd has expanded its retail footprint in Tamil Nadu with the inauguration of fourth premium dealership facility in Coimbatore, the company said on Friday. The new outlet - Adharvaa Suzuki - is l

Siemens to acquire Mass-Tech Controls' EV division for Rs 38 crore. Following the acquisition, Mass-Tech's EV division will be fully integrated into the e-Mobility Business Unit of the Smart Infrastructure Business at Siemens

RITES profit after tax increases 6.5% to Rs 138 cr in March quarter. Transport infrastructure consultancy and engineering firm RITES Ltd on Thursday said its profit after tax increased by 6.5 per cent to Rs 138 crore in the January-March 2023 quarter. The company had posted a profit after tax (PAT) of Rs 130 crore in the ye

Edtech major Byju's sued by an agent connected to its .2 billion loan. The lawsuit was filed by Glas Trust Company and investor Timothy R. Pohl against Byju's Alpha, Tangible Play, Inc. and Riju Ravindran

Akasa Air commences daily flight operations from Kolkata: Report. Akasa Air on Thursday started daily flight services from Netaji Subhas Chandra Bose International (NSCBI) Airport in Kolkata, the airline said in a statement. The eastern metropolis is the airline's 17th destination and the second in West Bengal after Bagd

Godrej Agrovet, SBI partner to offer loans to palm oil farmers: Report. Godrej Agrovet's Oil Palm Business on Thursday said it has partnered with the State Bank of India (SBI) to offer loans to oil palm farmers for setting up micro irrigation facility and install fencing to protect crops from cattle and improvement of tube wel

Nazara's Nodwin Gaming raises mn of equity investment from 5 investors. Funds will be utilised for IP development, geographic expansion and M&A

HCC Q4 results: Multifold rise with net profit at Rs 190.66 crore. Hindustan Construction Company (HCC) on Thursday reported a multifold rise in consolidated net profit at Rs 190.66 crore for the quarter ended March 2023. The company had clocked a profit of Rs 30.88 crore in the year-ago period, it said in a BSE filing. I

Gland Pharma profit declines by 56% on soft demand in March quarter. Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin contracted to 21% from 32% a year earlier

Container Corp Q4 results: Profit rises 7.7% to Rs 279 crore, revenue up 6%. The company's consolidated revenue from operation rose by 6 per cent to Rs 2,184 crore

Coursera expands online learning, certificates, GenAI, hiring solutions. Edtech platform Coursera on Thursday said it is expanding online learning in the country with several new partnerships, degrees and certificates, GenAI features and hiring solutions. "We're excited to see our continued momentum in India, driven by the effo

Sony aims to expand creations rooted in Indian culture via merger with Zee. Japanese conglomerate Sony Group Corporation aims to expand creations rooted in local culture in India through the expected merger of its arm Sony Pictures Networks India with Zee Entertainment Enterprises Ltd, its Chairman and CEO Kenichiro Yoshida said o

Eiko Lifesciences acquires 25.01% stake in Reflux Pharmaceuticals. The acquisition is part of ELL's long-term strategic growth plan to diversify its portfolio and enter new markets

Just 25% consumer, realty firms aware of ESG norms: Deloitte India survey. Deloitte India, in its survey report, has highlighted that despite Sebi implementing sustainability regulations, several mandated disclosures lack clear guidance on responses

IndiGo posts Rs 919 crore net profit, its best-fourth quarter ever. Expenses in the quarter increased to Rs 13,680 crore due to a rise in fuel and maintenance costs

ITC net profit rises 23.35% to Rs 5,175 crore in Q4FY23, beats estimates. The ITC stock closed at Rs 419.65 on the BSE, down 1.87 per cent

Sustainable fashion gets thrown a life jacket after PM wears upcycled sadri. This is the first company in India with end-to-end capabilities in the sector, starting from recycling and making yarn and fibre to value-added finished products

Container Corporation of India announces FY23 dividend of Rs 2 per share. Concor's Q4 profit after tax (PAT) came in at Rs 278.5 crore, with operations revenue of Rs 2,166 crore

PNB Housing Finance Q4 net rises 65% to Rs 279 cr on improved margins, NII. The housing finance company (HFC) had booked a net profit of Rs 170 crore in the March quarter of FY22 and Rs 269 crore in Q3FY23

Dispute between two promoters not to impact corporate performance: Hikal. Pharmaceuticals and crop protection firm Hikal Ltd on Thursday refuted allegations by proxy advisory firm InGovern Research Services that the battle between its two promoters is impacting corporate performance. Hikal is in the midst of a battle between two

Govt tells Pratt & Whitney to get grounded planes 'up and running'. The minister said the Directorate General of Civil Aviation (DGCA) was waiting for Go First's plan on resumption of flights

Flipkart's double-digit growth helps Walmart sales jump 13% at .8 bn. Walmart-owned fintech firm PhonePe saw its annualised total payments volume cross trillion in Q1

Bata India's profit rises to Rs 656.23 mn on lower costs, higher demand. The company said in a statement that it had refreshed its portfolio to offer premium products under these brands

Alibaba plans cloud computing unit spin-off; logistics arms to go public. Alibaba plans to spin-off of its cloud computing business and said on Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce company kickstarts a restructuring of its operations in hopes of spurring gr

Shein is ready to make its second entry into India with Reliance Retail. The Chinese e-commerce company had first entered the Indian market in 2017

Timex Group acquires watch retail brand Just Watches for undisclosed amount. US-based watchmaker Timex Group on Thursday said it has acquired Just Watches, a premium watch retail brand for an undisclosed sum. With this deal, Timex India will be taking over all the physical stores of Mumbai-based Just Watches and their e-commerce po

Disney Star Network breaks IPL TV viewership records, adds 2.1 cr viewers. The seven matches in Week 6 crossed a peak concurrency of three crore with the MI vs RCB match registering a peak concurrency of 4.7 crore, the highest for week 6

Developers log land purchases worth Rs 26,000 crore in last 17 months. Around 578 acres out of 2,181 acres, was acquired in the first five months of the calendar year 2023 (CY23) alone

Netflix, Ola, Uber not integrated with PIPOnet app, says NuRe Bharat CEO. 3i Infotech-led consortium NuRe Bharat Network has not integrated Netflix, Ola, Uber or any other company with its PIPOnet app, a senior official of the company said. NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app with aims to provid

Industry hopes govt to align domestic laws with int'l: Airbus India chief. Amid concerns of lessors in the wake of Go First insolvency proceedings, aircraft maker Airbus on Thursday said the industry hopes the government will expedite the alignment of domestic laws with international conventions and treaties. With the initiation

State Bank of India's Q4 standalone net jumps 83% to Rs 16,695 crore. FY23 consolidated profit at Rs 55,648 cr - second highest after RIL

REC plans to increase loan book over two-fold to Rs 10 trn by 2030. State-owned non-banking finance firm REC Ltd is planning to increase its loan book over two-fold to Rs 10 lakh crore by 2030, including Rs three lakh crore for renewable energy projects. This assumes significance given India's ambitious target of having 50

In Tamil Nadu, Airtel surpasses 2-million customer mark on 5G network. Airtel was the first to roll-out 5G in the country and Chennai was one of the first eight cities to get ultrafast Airtel 5G Plus

CCI gives nod to proposed merger of Credit Suisse Group with UBS Group. Fair-trade regulator Competition Commission of India (CCI) on Thursday cleared the proposed merger of Credit Suisse Group AG with UBS Group AG. Both Credit Suisse Group AG (Credit Suisse) and UBS Group AG (UBS) are multinational investment banks and financ

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