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NSE share market NEWS tomorrow (15 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (15 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 15 May 2023

Dlf was amongst the top gainers, currently trading at 468.15 in NSE with 10.362 times change in volumes and 7.386% change in price. Other gainers included Cyient with 5.173% price change and 2.226 times volumes, Oberoi Realty with 4.867% price change and 7.598 times volumes, Prestige Estates with 4.831% price change and 4.434 times volumes, and Max Healthcare with 4.011% price change and 0.319 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.

Avenue Supermarts was amongst the top losers, currently trading at 3523.40 in NSE with 3.724 times change in volumes and -4.192% change in price. Other losers included Tube Invest with -3.762% price change and 3.516 times volumes, Ncc with -3.249% price change and 0.831 times volumes, Adani Green with -3.004% price change and 1.158 times volumes, and Adani Enterprises with -2.476% price change and 1.267 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.

Vice Media files for bankruptcy, the latest digital media setback. Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise. Vice said on Monday that it has agreed to sell its assets to a consortium of lenders Fortress Investment Group, Soros Fund Managem

Welspun One Logistics Parks raises Rs 500 cr under 2nd AIF in initial phase. Welspun One Logistics Parks (WOLP) on Monday said it has successfully concluded the initial close of its second Alternative Investment Fund (AIF), WOLP Fund 2, raising Rs 500 crore in eight weeks. WOLP Fund 2 was launched in March and aims to raise a corpu

Apax Funds buys 0 mn minority stake in travel tech company IBS Software. Global travel and logistics SaaS company IBS Software on Monday said Apax Funds will buy a minority stake in the company for USD 450 million. Post the latest transaction, IBS Software's Founder and Executive Chairman V K Mathews will remain the majority sh

Coromandel International posts 15% YoY drop in Q4 PAT amid rise in costs. Indian agricultural chemicals maker Coromandel International Ltd reported a 15% fall in its quarterly profit on Monday, as soaring costs offset growing demand

Manufacturing firm Tube Investments' Q4 profit rises 74% at Rs 312 cr. Company's net profit in FY23 increases 24% at Rs 956 cr from Rs 769 cr in FY22

'Factually baseless': Sebi to SC on probing Adani firms since 2016. Stand by reply that stated Sebi was probing some Adani group firms: FinMin

NCLAT to pass order on appeal against Go First's insolvency on May 22. Appellate tribunal tells all parties in the matter to file written submissions in 48 hours

PVR Inox March-quarter consolidated net loss widens to Rs 333 crore. PVR Inox to raise funds via the issue of non-convertible debentures worth Rs 100 crore

Skipper Q4 PAT down 3.4%, sees highest-ever quarterly revenue of Rs 657 cr. Dip in profit largely due to MTM losses arising from the depreciation of the rupee to the dollar

VI adopts Ericsson's online charging solution for faster product launches. Ericsson's solution implemented across India, replaces VI's three existing solutions

Pfizer consolidated net profit rises 3% to Rs 130 crore in March quarter. The company said its board recommended a final dividend of Rs 35 per share of Rs 10 each

Biphore, Zenara gets approval for Cannabidiol that treats neuro disorders. Biophore India Pharmaceuticals has announced that it has received approval from Central Drugs Standard Control Organisation (CDSCO) for manufacturing of Cannabidiol active ingredient in India

Amazon plans to focus on utilising AI to speed up delivery services. Amazon has said that it will be focusing on using artificial intelligence (AI) to speed up delivery services, aiming to minimise the distance between its products and customers, the media reported

HCLTech expands partnership with SAP to drive digital transformation. We are delighted to expand our partnership with SAP to continue elevating the experience for our people through the best of technology, said C Vijayakumar

Amazon's venture fund leads Rs 110 crore in Indian innerwear maker XYXX. XYXX, a leading men's premium innerwear and lifestyle brand would use the funding to expand its business

Cognizant's new platform offers responsible AI for enterprise customers. Platform has a library of reusable generative AI models and agents, development tooling, and control components including API and access management, versioning, and auditing

Fertiliser firm Coromandel International's Q4 profit up 18% at Rs 290 cr. Company says 'strong growth' in products portfolio helped performance

NuRe, Railtel tie up for passenger services app on revenue share basis. 3i Infotech-led consortium NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app which aims to provide all services, including e-ticketing, travel, stay reservations, and entertainment apps, for railway passengers. NuRe Bharat Network CEO S

Suryoday SFB posts Q4 net profit of Rs 40 cr vs year-ago loss of Rs 48 cr. For the whole of FY23, the net profit stood at Rs 77.1 crore against loss of Rs 93 crore a year ago

Allow Go First pilots to exit without impediment: Pilot body to Scindia. The pilot's body has written to the minister seeking his intervention to help Go First pilots facing hurdles in leaving the airline

IIFCL's net profit doubles to highest ever of Rs 1,076 crore in FY23. India Infrastructure Finance Company Ltd (IIFCL) on Monday reported a two-fold jump in standalone net profit to Rs 1,076 crore for the fiscal ended March 2023 aided by an increase in lending and reduction of bad loans. The state-owned infrastructure financ

NSE net profit rises 31% YoY to Rs 2,067 crore in Jan-Mar quarter. The National Stock Exchange (NSE) on Monday reported a 31 per cent rise in consolidated net profit at Rs 2,067 crore for the three months ended March. In comparison, the exchange had posted a net profit of Rs 1,580 crore in the year-ago period, NSE said in

Dish TV Institutional shareholders call for EGM, seek to remove 2 directors. The notice said the Board is acting at the behest of certain minority shareholders holding merely 4 percent stake in the company

UGRO Capital net profit rises two-fold at Rs 14 cr in March quarter. Technology-driven non-bank lender UGRO Capital on Monday reported a two-fold rise in its consolidated net profit at Rs 14 crore in the January-March 2023 quarter. The company had posted a net profit of Rs 6.1 crore in the corresponding quarter a year ago,

NCLAT allows withdrawal of CIRP for McLeod Russel India, says IRP. Sources close to the development indicated that the settlement between McLeod promoters and IL&FS included a combination of payment of an amount and land

Amazon implements India layoffs to reduce workforce globally: Report. The downsizing round is part of the layoffs announcement made in March by Amazon CEO Andy Jassy, which was expected to impact 9,000 employees

ZestMoney founders resign weeks after PhonePe calls off to acquisition. In April, ZestMoney laid off 100 employees, or about 20 per cent of its workforce

IT major Infosys rewards employees with equity shares under 2 schemes. Under the 2015 Stock Incentive Compensation Plan, 104,335 equity shares were allotted and 407,527 shares were allotted under the Infosys Expanded Stock Ownership Program 2019

Suryoday Small Finance Bank posts profit of Rs 39 cr for Jan-Mar. Suryoday Small Finance Bank on Monday posted a net profit of Rs 39 crore for the March quarter of 2022-23 as bad loans fell. The bank had posted a net loss of Rs 48 crore for the same quarter a year ago. Total income during Q4 FY23 rose to Rs 363 crore fro

DMart retail chain slumps nearly by 5% on profit miss, margin drop. Shares of Avenue Supermarts Ltd, which operates the DMart retail chain, fell 4.7% after the company's fourth-quarter profit missed estimates and core profit margin contracted

CRED-owned Happay lays off 35% of its workforce as 'restructuring exercise'. According to the report, Happay is giving impacted employees three months salary along with an extension of insurance coverage and some other additional benefits

Coca Cola, Zepto expand partnership to 'return and recycle' PET bottles. Companies' expand initiative after 60-day pilot in Mumbai gets 'overwhelming customer response'

iPhone 15 series: Apple's upcoming phones to be made in India by Tata Group. According to TrendForce, Tata Group is expected to become the fourth iPhone assembler for Apple. Currently, Foxconn, Luxshare, and Pegatron assemble iPhones for Apple in India

Allegations that we have been investigating Adani since 2016 baseless: Sebi. Sebi also sought an extension of the deadline to complete the probe to ensure 'carriage of justice'

Salary details now part of most job postings in India, Delhi leads. Pay transparency has grown the fastest in high-wage occupations like finance, engineering and mathematics

Zara logs 40.4% revenue growth in India at Rs 2,562 cr, profit up 77.6%. Global fashion brand Zara, has posted a growth of 40.42 per cent in its India revenue at Rs 2,562.50 crore for FY23, according to the latest annual report of Trent Ltd. Its profit was also up 77.66 per cent to Rs 264.30 crore for the financial year ended o

e-con Systems raises Rs 100 crore from GR22 Holdings for overseas expansion. Embedded vision technology firm e-con Systems has secured Rs 100 crore investment from GR22 Holdings for expansion of business overseas, the company said on Monday. The company aims to consolidate its position as a world leader in embedded vision products

George Soros's firm among top bidders to acquire Vice out of bankruptcy. Vice's rapid downfall underscores the challenges facing digital media companies, which are struggling as advertisers cut spending during an uncertain economy

Janus Henderson marks down PharmEasy's valuation by half to .8 bn. Neuberger Berman, another US investor, earlier marked down valuation of shares it holds in online pharmacy's parent

SC defers hearing of Adani-Hindenburg case; extension to Sebi yet uncertain. The deadline was sought by the regulator to complete the probe of the allegations in the Hindenburg report

Apax Funds to buy stake in travel tech firm IBS Software from Blackstone. Following the deal, Apax will partner closely with IBS Software's founder and executive chairman, V K Mathews, who will remain the majority shareholder

Patel Engineering net profit grows to Rs 84.3 cr in March quarter. Patel Engineering on Monday posted a four-fold jump in its consolidated net profit at Rs 84.3 crore during the March 2023 quarter, boosted by higher revenues. It had clocked Rs 21.2 crore net profit during January-March quarter of preceding 2021-22 fiscal,

Berger Paints India Q4 results: Net profit falls 15% to Rs 186 crore. The company's consolidated revenue from operation rose by 11.7 per cent to Rs 2,444 crore for the March quarter as compared to Rs 2,188 crore in the year-ago period

Tube Investments Q4 results: Net profit rises 74% to Rs 312 crore. Tube Investments board approved long-term borrowing up to Rs 300 crore to meet the company's fund requirements for FY23-24

Karur Vysya Bank Q4 results: Net profit rises 58.6% to Rs 338 crore. The board of the bank recommended a dividend of Rs 2 per equity share or 100 per cent on the face value Rs 2 each for the financial year ended March 31, 2023

Wipro FullStride Cloud Studio inks partnership with Google Cloud's RaMP. The partnership will deliver faster cloud migration tied to business outcomes

Coal India to phase out mining equipment imports that costs Rs 4,500 cr. In a boost to domestic manufacturing of earth-moving equipment used in mines, Coal India Ltd has decided to phase out imports over a period of 5-6 years, the Coal Ministry said on Monday.

With Go First gone, rivals Air India, IndiGo, others ramp up flights. The government of India has also allotted cash-strapped Go First slots after representations that airports will lose money if they are not utilised

Outgoing Puma India chief Abhishek Ganguly's new venture raises Rs 430 cr. Agilitas Sports will be a solutions platform for sportswear and athleisure

Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12%. Tamil Nadu-based lender says it faced 'an extremely challenging environment'

Adani stocks have seasonality to help in recovery from 0 billion rout. Stocks of at least four companies controlled by billionaire Gautam Adani - including the conglomerate's flagship Adani Enterprises Ltd. - show a strong tendency to climb in the second half of year

SpiceJet subsidiary SpiceXpress to get 0 mn investment from UK group. Budget carrier SpiceJet on Monday said its subsidiary SpiceXpress and Logistics will receive USD 100 million investment from a UK-based group. SpiceJet, which is facing financial headwinds and an insolvency plea by an aircraft lessor, had recently hived of

Layoffs also harm shareholder returns in the long term: Gartner report. Layoffs can inadvertently reduce shareholder returns when taking actions to protect them, as companies tend to underestimate the organisational drag created by large-scale workforce reductions

Hyperlocal logistics firm Shadowfax to hire 10,000 delivery partners. Company's nationwide network serves major e-commerce, food, grocery and retail companies

Hero MotoCorp set to roll out record number of products this year: CEO. Hero MotoCorp is gearing up for highest ever model introductions this fiscal as it looks to consolidate market share especially in the premium bike segment, according to the company's CEO Niranjan Gupta. The country's largest two-wheeler maker plans to int

Data Patterns actively pursuing new product development, says CMD. Data Patterns (India) Ltd was actively pursuing new product development aligning with sectoral opportunities, a top company official has said. The city based electronics solution provider in the defence and aerospace sectors, reported a profit after tax at

ONGC scraps bids for Daman gas field development over cost concerns. State-owned Oil and Natural Gas Corporation (ONGC) has cancelled the bids received for its Daman upside gas development project off the western coast due to high price quotes, sources said. The project is crucial to ONGC's strategy of ramping up gas produc

Blue Star targeting to double exports within 3 years, says top official. Blue Star Ltd is targeting to double its exports within three years as the company looks to expand its international footprint. Blue Star Managing Director B Thiagarajan said the company's exports are worth around Rs 800 crore at present and would like to

Pidilite expects better margin and volume-driven growth in FY24: MD Puri. Pidilite Industries is "cautiously optimist" and expects a better margin with a volume-driven growth in FY24, helped by a comeback of rural and semi-urban demand and increased activities in the real estate sector, said its Managing Director Bharat Puri. Le

Apollo Tyres expects double-digit revenue growth in FY24 on organic growth. Apollo Tyres Ltd expects double-digit revenue growth in FY24 purely on the performance of organic volume growth, according to company President Asia Pacific, Middle East and Africa, Satish Sharma. The Indian tyre industry is in a sweet spot with strong dem

NPCI plans more tie-ups to boost global acceptability of RuPay debit cards. National Payments Corporation of India (NPCI) is exploring options for further tie-ups to strengthen the global acceptability of RuPay debit cards. Currently, RuPay cards are accepted at the points of sale (PoS) machine powered by Discover of the US, Diner

Godrej Properties on land-buying spree; to acquire Rs 15k cr projects. Seeking to encash strong housing demand, realty firm Godrej Properties will acquire multiple land parcels this fiscal having sales revenue potential of around Rs 15,000 crore post-development. Last fiscal, Godrej Properties was very aggressive on land acqu

JSW Infrastructure to invest Rs 152 cr to grow container capacity at NMPT. JSW Infrastructure will invest Rs 152 crore for the expansion of its container capacity at New Mangalore Port Trust, according to sources. In June 2022, the company commissioned its first container terminal at New Mangalore Port Trust (NMPT) in Karnataka,

Contract player VMI to sell directly via Skyball; invest Rs 100 cr in 3 yrs. Domestic electronics manufacturing services company Videomax International will sell home audio, smart accessories and consumer electronic products through its own brand Skyball. The company plans to invest Rs 100 crore in Skyball over a period of three ye

Shriram Life Insurance net rises over 50-fold to Rs 156 cr in FY23. Strong growth in individual non-single premiums drives better show

Enough opportunities to take capacity to 40 MT in India: Tata Steel CEO. Tata Steel sees enough growth opportunities within its existing facilities to actualise an expansion plan to achieve 40 million tonne capacity in India by 2030, almost double of its current capability in the country, CEO and Managing Director T V Narendran

Housing sales in FY23 up 48% at Rs 3.47 trn due to higher volumes: Anarock. Housing sales rose 48 per cent year-on-year to Rs 3.47 lakh crore during the last fiscal across seven major cities on higher volumes and better price realisation, according to Anarock. Real estate consultant Anarock reported that sales of residential prope

Warring sibling promoters put Hikal's future at stake, says InGovern. Calls for change in management, board to protect minority shareholders' interest

Ratan Tata-backed Upstox breaks even in FY23, aims 10x growth in user base. Ratan Tata-backed discount broking company Upstox achieved break-even in FY2022-23 with the overall revenue crossing Rs 1,000 crore, a top official has said. The company, which also counts Tiger Global among its external investors, is aiming for a 10-times

Govt set to make an equity infusion of Rs 300 crore in Alliance Air. The government is set to make an equity infusion of Rs 300 crore in regional carrier Alliance Air, which is facing financial headwinds, according to a senior official. Alliance Air, earlier part of Air India, is now owned by AI Assets Holding Ltd (AIAHL),

Indian aviation mkt 'booming'; to expand routes with IndiGo: Air France-KLM. Bullish on the "booming" Indian aviation market, European airline major Air France-KLM is keen to expand routes and capacity as well as increase its codeshare routes with IndiGo, according to senior executives. Air France-KLM, which has increased its seat

ELGI Sauer Compressors sets new manufacturing unit to produce compressors. ELGI Sauer Compressors Ltd, a joint venture between Elgi Equipments Ltd and Germany-based Sauer Compressors Group, has set up a manufacturing facility at an investment of about Rs 400 million. Spread across 50,000 sq ft at Kallapalayam near here, the facil

IL&FS transfers Pune Sholapur Road asset to Invit at value of Rs 2,000 cr. IL&FS has completed transfer of its fifth road asset - Pune Sholapur Road Development Company Limited (PSRDCL) - to Roadstar Infra Investment Trust (Invit) as part its debt resolution strategy. With this transfer, secured lenders of this asset will get ful

Poonawalla Fincorp to keep headcount at 3,000 for 5 yrs to build AUM. Eyes Rs 50,000 crore AUM by FY27, up from Rs 16,000 cr currently

Ramkrishna-Titagarh consortium scouting for sites for train wheel plant. A consortium of Titagarh Wagons and Ramkrishna Forgings is in the process of identifying a cost-effective location to set up one of Asia's largest train wheel manufacturing plants, an official said on Sunday. The special purpose vehicle (SPV) -- Ramkrishna

Go First's insolvency flight leaves trail of concerns for aircraft lessors. At least 50 requests to take back as many leased planes from two Indian airlines in less than two weeks. Petitions from lessors seeking to enforce rights under international norms and concerns over a possible spike in the risk premium for leasing aircraft

Partial sale of companies won't be default under insolvency code: Report. The Ministry of Corporate Affairs proposed revisions to the IBC which would allow several resolution plans for different parts of an insolvent company to increase value realisation

Netflix to cut 0 mn in spending with delay in password sharing crackdown. Streaming giant Netflix is reportedly slashing its spending by 0 million this year, including related to hiring

Adani Transmission's board approves plan to raise up to billion. India's Adani Transmission said its board on Saturday approved a plan to raise up to 85 billion rupees (.0 billion) from the market

Toyota apologises after 2.15 mn customers' data exposed for a decade. As connected cars become mainstream globally, Toyota has issued an apology after it discovered that millions of customers' partial data was made public due to misconfiguration of the Cloud environment

28-year-old billionaire Austin Russell acquires 82% stake in Forbes. Austin Russell, 28-year-old Chairman and CEO of automotive technology company Luminar Technologies, has acquired 82 per cent stake in Forbes Global Media Holdings, that published the Forbes magazine

Sebi to regulate platforms offering ownership of real estate assets. Sebi has proposed regulating all online platform that offer fractional ownership of real estate assets, in a bid to provide protection to small investors

Ambani's JioCinema unveils pricing in fight with Netflix, Disney. Indian billionaire Mukesh Ambani's streaming platform JioCinema announced premium pricing of 999 Indian rupees () a year, its first step to move away from a free content model to fight global rival

Adani to raise Rs 21,000 cr from share sale in two group companies. Billionaire Gautam Adani's group will raise Rs 21,000 crore (over USD 2.5 billion) through share sale in two group companies in the boldest comeback strategy after the ports-to-energy conglomerate was rocked by allegations of fraud levelled by a US short-s

D-Mart's Q4 net up 7.8% to Rs 460 cr, revenue rises 20.5% to Rs 10,594 cr. Avenue Supermarts Ltd, which owns and operates the retail chain D-Mart, on Saturday reported an increase of 7.81 per cent in its consolidated net profit at Rs 460.10 crore for the fourth quarter ended March 31, 2023. The company had posted a net profit of

Rane Holdings Ltd reports consolidated loss of Rs 8.1 cr in March quarter. Rane Holdings Ltd, the holding company of Rane Group has reported consolidated net loss at Rs 8.1 crore for the fourth quarter ending March 31, 2023, the company said on Saturday. The city-based company had registered consolidated net loss at Rs 12.8 crore

Ola Electric expanding fast, to cross 1,000 experience centres this year. As part of that strategy, the SoftBank-backed electric vehicle company on Saturday opened its 500th experience centre (EC) in Srinagar, Jammu & Kashmir

DLF to launch projects worth Rs 20k cr, targets sale bookings of Rs 12k cr. Realty major DLF Ltd will launch projects worth Rs 19,710 crore for sale by March next year and aims to achieve sale bookings of around Rs 12,000 crore in this fiscal on strong housing demand. On Friday, DLF reported that its sale bookings jumped more than

Tata Motors reports net profit of Rs 5,408 crore in Q4, revenue surges 35%. The company board has recommended a final dividend of Rs 2 per ordinary share

DLF Q4 net profit jumps 41% YoY to Rs 570 crore; revenue down by 5.9%. The retail business also exhibited strong demand momentum and continues to operate at high occupancy levels

Global PE major KKR sells RE InvIT Virescent to IndiGrid for Rs 4,000 cr. The transaction will involve IndiGrid taking over all of VRET's 16 project special purpose vehicles, and Virescent will get delisted and dissolved, said executives

Twitter's new CEO is an NBCUniversal executive with deep ad industry ties. Elon Musk confirmed that the new CEO for Twitter will be NBCUniversal's Linda Yaccarino, an executive with deep ties to the advertising industry. I am excited to welcome Linda Yaccarino as the new CEO of Twitter! Musk wrote in a Friday tweet. He added that

Weekend bites: Falling valuations, Go First, Adani, and laughing apps. In which we munch over the week's platter of news and views

Google co-founders see biggest gain since Feb 2021 as AI boost lifts stock. Google will start experimenting with a more conversational search engine and has made its AI-powered chatbot available more broadly, the Mountain View, California-based company said

Colgate-Palmolive beats Q4 profit estimates helped by price hikes. Colgate-Palmolive (India) Ltd's fourth-quarter profit fell less than expected, helped by price hikes implemented to combat surging costs

Tata Motors expects JLR's cash flow to quadruple to .50 bn this fiscal. India's Tata Motors Ltd expects its luxury car group, JLR free cash flow to nearly quadruple to top .50 billion this fiscal, and the automaker also declared its first dividend in nearly seven years

Manappuram posts 58% jump in profit on healthy gold loan business. The company's interest income jumped 23% to 17.14 billion rupees, while expenses rose a comparatively smaller 8.3%

Hero MotoCorp partners Motosport SA in Costa Rica for sales, services. Hero MotoCorp on Friday said it has roped in Motosport SA as a partner in Costa Rica. As the exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in the country, Motosport SA will play a key role in the rapid expansion o

HPCL's profit jumps 79% to Rs 3,608 cr on refining, marketing margins. Hindustan Petroleum Corporation Ltd (HPCL) on Friday reported a 79 per cent jump in its March quarter net profit on the back of a recovery in fuel marketing margins and better refining margins. Consolidated net profit was at Rs 3,608.32 crore in January-Ma

CCI asks Google to share policies on data sharing, in-app billing. Move based on complaints that tech giant failed to comply with directive on third-party billing

Latest stock market News for tomorrow Access previous news reports: 648649650651652653654655656657658659660661662663664665666

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