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NSE share market NEWS tomorrow (11 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (11 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 May 2023

Idea Cellular was amongst the top gainers, currently trading at 7.15 in NSE with 1.998 times change in volumes and 5.926% change in price. Other gainers included Sbi Cards with 5.023% price change and 4.05 times volumes, Adani Enterprises with 4.889% price change and 4.483 times volumes, Kei Industries with 4.818% price change and 0.981 times volumes, and Rail Vikas with 3.98% price change and 12.661 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.

Dr Reddy was amongst the top losers, currently trading at 4532.00 in NSE with 6.127 times change in volumes and -6.889% change in price. Other losers included Larsen Toubro with -5.172% price change and 5.653 times volumes, Aditya Birla with -4.067% price change and 2.886 times volumes, One 97 with -3.963% price change and 0.716 times volumes, and Hindalco Industries with -3.574% price change and 3.603 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.

ONDC records 500-fold rise in transactions to over 25,000 orders since Jan. ONDC has also expanded its geographic footprint from 85 cities at the start of the year to over 230 now.

Key Apple supplier Foxconn reports loss of 56% in Q1, outlook flat. In the first quarter of 2023, revenue totaled 1.4624 trillion Taiwanese dollars, up 4 per cent year-on-year

Innokaiz India gets listed on BSE SME Platform, takes tally of cos to 435. Leading bourse BSE's small and medium enterprises (SMEs) platform on Thursday announced the listing of Innokaiz India, taking the tally of such listed companies on the exchange to 435. Innokaiz India Ltd became the 435th company to get listed on the BSE SM

India accounts for over 75% of Truecaller's net sales in Q1, avg users jump. India accounted for 75.5 per cent of the total net sales of Truecaller across revenue streams -- Truecaller for Business, Premium subscriptions and Ads -- in the first quarter of this year

Amp Energy India bags 150 MW hybrid project from CESC via subsidiary. Amp Energy India on Thursday said it has won a 150 MW hybrid energy project from CESC Limited. It has won the wind-solar project through its subsidiary Amp Green Energy Private Ltd at a tariff of Rs 3.07 per unit. The tariff discovered was the lowest in th

'Risky jurisdiction': Aircraft lessors raise alarm over Go First crisis. SMBC, along with firms such as Jackson Square Aviation and Bank of China Aviation, raised the alarm after a tribunal gave Go Airlines (India) Ltd bankruptcy protection to allow it to revive itself

Gillette India profit rises 48% in March quarter, revenue up 9.3%. The company's revenue from operation rose by 9.3 per cent to Rs 619 crore for the March quarter as compared to Rs 567 crore in the year-ago period

China's SAIC Motor plans to sell its stake in MG Motor to domestic entities. SAIC is in the advanced stages of talks with investors from different Indian companies, which include Reliance, Hero Group, Premji Invest, and JSW Group for equity sale

Eicher Motors Q4 net profit up 48%, records highest-ever revenue. Company that makes Royal Enfield motorcycles plans Rs 1,000 crore capex in FY24

Three Adani firms consider raising up to bn after .5 bn share sale. The three companies said on Wednesday they were holding board meetings on Saturday to consider proposals to raise funds. They did not disclose how much they intended to raise

ONGC discovers crude oil, natural gas in in two blocks in Mumbai offshore. State-owned Oil and Natural Gas Corporation (ONGC) has discovered crude oil and natural gas in two blocks in Mumbai offshore, the company said on Thursday without giving details of reserves found. The discoveries, which have been named 'Amrit' and 'Moonga'

Asian Paints Q4 net surges 45% to Rs 1,234 cr on improvement in margins. During the year, the paints major crossed Rs 34,000 crore in revenue at a consolidated level

Ajmera Realty & Infra profit up 7.9% in Q4FY23, income down 36.7%. However, for the full year, total income fell to Rs 440.63 crore in FY23 from Rs 489.11 crore in FY22

South Indian Bank Q4 net profit up 23% at Rs 334 cr as advances grow. During the period under review, the bank's operating profit was seen up by 95% from Rs 288 crore in fourth quarter of FY22 to Rs 562 crore during the same period in FY23

Italy's antitrust watchdog probes Apple over competition in app market. Italy's antitrust authority is probing allegations that Apple is abusing its dominant position in the app market, thwarting competition, officials said on Thursday. The authority alleges that Apple's privacy policy for third-party developers is more restri

JioCinema reports record 1,300 crore views in first five weeks of IPL. Reliance-owned JioCinema, which has the live streaming right for Tata IPL, on Thursday said it has clocked over 1,300 crore video views in the first five weeks of the T20 cricket tournament. The average time spent per viewer per match touched 60 minutes, s

Let's get business running, crisis-hit Go First's IRP tells staff. The airline has indicated to the civil aviation ministry it would be able to start operations in around two weeks

Tata Capital launches payment facility, UPI 123PAY for feature phone users. UPI 123PAY will be useful, especially for payments of low-value and microfinance customers

Religare Enterprises reports net profit at Rs 20 cr in March quarter. Religare Enterprises on Thursday posted Rs 20 crore profit on a standalone basis for the fourth quarter ended March 2023. The company had registered a net loss of Rs 7 crore in the January-March quarter of the preceding fiscal. The total income increased t

Suzuki Motor to invest aggressively to grow auto industry in India. Suzuki Motor Corporation will continue to invest aggressively to grow the automobile industry in India, a senior company official said on Thursday. "We will continue to make investments aggressively to grow the industry and make people happy in India and c

Adani Group's Abu Dhabi backer says no plan to join any new share sale. Three companies controlled by Adani are considering a fundraising that may draw as much as billion

BLS International profit jumps over 2-fold to Rs 76.73 cr for Jan-Mar. BLS International on Thursday reported a more than two-fold jump in its consolidated net profit at Rs 76.73 crore for the quarter ended March. Its net profit stood at Rs 35.20 crore in the year-ago period, the company said in a statement. BLS International

Voluntary insolvency by Go First a fraudulent exercise: SMBC to NCLAT. Initiation of insolvency by Go First was a "fraudulent exercise", alleged one of the aircraft lessors of the Wadia group firm SMBC Aviation Capital Ltd before the National Company Law Appellate Tribunal (NCLAT). SMBC Aviation Capital through its counsel Ar

AI pilots' unions decide to accept revised service terms, compensation. Air India's two pilot unions on Thursday decided to accept the revised service norms and new compensation structure offered by the airline. The Indian Commercial Pilots Association (ICPA) and the Indian Pilots Guild (IPG) had opposed the carrier's revised

Aditya Birla Capital Q4 net up 35%, to raise upto Rs 3,000 cr in equity. The fund raised through equity offering would be used for supporting growth in lending and insurance businesses

Amp Energy wins CESC's 150 MW 'Wind-Solar Hybrid' auction at Rs 3.07/unit. The company said, the contracted capacity of the project will be 150MW and would require a 250 MW of wind and solar capacity installation

Nexus Select Trust's initial public offering garners 5.4 times subscription. The REIT plans to utilise the net proceeds of the fresh issue portion to repay debts and to acq­uire stakes and redeem debt securities in ce­rtain asset special purpose vehicles

Air India pilot unions end protest on new salary contracts, service rewards. The change in stance from unions comes as Air India stepped up efforts to attract pilots from Go First that temporarily stopped operations last week

The non-IT and IT services account for 54% of Smartworks' business. For Smartworks, the non-IT and IT services already account for 54% of their business. This is far higher than the broader real estate market, where they account for 40% of the inventor

We are not trying to put anybody out of business through ONDC: DPIIT Secy. The government wants all e-commerce players to become part of the Open Network for Digital Commerce (ONDC) and this initiative is not trying to put anybody out of business, a top official said on Thursday. Secretary of the Department for Promotion of Indus

Pfizer pouring windfall profits from Covid-19 vaccine into cancer battle. The U.S. government will end the COVID Public Health Emergency on Thursday that allowed millions of Americans to receive vaccines, tests and treatments at no cost

Telangana recorded 40% rise in online orders in FY22: Unicommerce. The data also revealed that consumers from Telangana are shopping across various categories

Deploying AI tools to reduce international scam calls by 50%: WhatsApp. WhatsApp responded to the minister's comments in a statement saying protecting the privacy and security of users is fundamental to Meta and to WhatsApp

Elon Musk asks federal appeals court to end 'Twitter Sitter' Deal. In his decision, Liman ruled that Musk willingly waived his First Amendment right to tweet without restraint, a finding Musk denied in his appeal brief

Tech startups find one of their last funding sources shrinking up. Climbing interest rates have made the funding more expensive for companies, and one of the biggest venture lenders faced a run on the bank that forced government regulators to seize it and sell it

Vodafone Idea expected to come up with revival plan within a month: Report. In an interview, telecom secretary K Rajaraman said that the return of Kumar Mangalam Birla, chairman of Aditya Birla group, to the board of the ailing telco is a 'positive step'

Microsoft freezes salaries of full-time workers due to economic uncertainty. The company will, however, consider raising rates for hourly workers while maintaining a bonus and stock award program without "overfunding" it, Nadella said without elaborating

NCLAT to hear SMBC Aviation's plea against NCLT order on Go First today. Soon after the NCLT allowed Go First's plea on Wednesday, SMBC Aviation Capital's counsel moved the NCLAT

Income Tax officials search Mankind Pharma's New Delhi office: Report. India's Income Tax Department is conducting searches at Mankind Pharma Ltd's office in New Delhi, a government source told Reuters on Thursday, days after the condom maker's successful public listing

NIIF appoints Rajiv Dhar as interim MD & CEO; Sujoy Bose demits office. State-backed collaborative investment platform doesn't give timeline for making a full-time appointment

Uber launches flight bookings in UK, plans to double down on growth. The introduction of commercial flight bookings is "the latest and most ambitious step" in Uber's strategy, said its UK general manager Andrew Brem

Apple now the only major smartphone brand without a foldable device. With Alphabet Inc.'s Google launching the Pixel Fold at an event Wednesday, every major brand running the Android operating system has now adopted the form factor

FIR against ex-BharatPe MD Ashneer Grover, wife over alleged Rs 81cr fraud. Delhi Police's Economic Offences Wing also books Grover's other relatives on charges of defrauding BharatPe

Disney+ loses 4 million subscribers as fresh layoff round approaches. Entertainment giant The Walt Disney Company's flagship streaming service Disney+ lost four million subscribers in its second quarter that ended April 1

Chemplast Sanmar unit signs deal to manufacture advanced intermediate. Company estimates commercial supplies will start from the fourth quarter of 2023-24

Set for demerger, Sanofi's consumer health brands have strong traction. Company says split will allow it to unlock business potential in pharmaceuticals and consumer healthcare

Hyundai to invest .45 bn in Tamil Nadu for EV production over next 10 yrs. Hyundai, through its Indian subsidiary Hyundai Motor India, will also set up a battery pack assembly unit with an annual capacity of 178,000 units and install 100 EV charging stations across the state

Karthik Balagopalan to replace Abhishek Ganguly as MD of Puma India. Ganguly had been the MD of the company since 2014 and is leaving to pursue 'a career as an entrepreneur in his own venture'

Asian Paints posts 45% rise in Q4 profit on strong demand, easing costs. Asian Paints dominates nearly half of the domestic paints sector, and the decorative paint segment accounts for about 80% of the company's revenue

Godrej & Boyce bags orders worth Rs 2,000 crore in solar segment. Godrej & Boyce unit Godrej Electricals & Electronics has bagged order worth Rs 2,000 crore from power transmission, railways and solar projects. "The Power Infrastructure and Renewable Energy (PIRE) business of Godrej Electricals & Electronics, a business

Go First needs to raise funds: Resolution professional tells staff. Go Airlines will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recently appointed resolution professional informed staff on Thursday

No question of filing for insolvency, 'rumour baseless': SpiceJet CMD. Airline 'focused firmly' on reviving grounded fleet, says Ajay Singh

Bosch's net profit increases by 14% at Rs 399 cr in March quarter. Auto components major Bosch has reported a 14 per cent increase in its consolidated net profit at Rs 399 crore for the fourth quarter ended March 2023. The company posted a net profit of Rs 350 crore in the January-March quarter of 2021-22. Its revenue fro

Dr Lal PathLabs reports decline in profit for quarter ending March. Dr. Lal PathLabs Ltd on Thursday reported a sixth consecutive fall in quarterly profit as a continued slide in income from Covid-related testing outpaced growth in its core business

ABB expands Bengaluru facility for production of energy-efficient modules. Electrification and automation major ABB India on Thursday announced the expansion of its facility at Peenya factory in Bengaluru by setting up a new line for the production of variable speed drive modules. Variable speed drive modules are used to control

Karnataka HC quashes Rs 21,000 crore show cause notice against Gameskraft. It was the biggest tax demand notice issued in the history of indirect taxes in India

SpiceJet starts process of reviving grounded airplanes with mn. Budget carrier SpiceJet on Thursday said it has no plans to file for insolvency proceedings and has also started the process of reviving its grounded fleet with USD 50 million. The statement from SpiceJet comes at a time when a lessor has filed an insolven

Aditya Birla Capital Q4 results: Net profit rises 35% to Rs 609 crore. Consolidated total revenue from operation rose by 21.2 per cent to Rs 8,025 crore for the March quarter as compared to Rs 6,617 crore in the year-ago period

Ujjivan SFB Q4 net profit rises 144% to Rs 309 crore, declares dividend. The bank's gross non-performing asset stood at 2.88 per cent and its net NPAs were at 0.04 per cent

Nissan reports surging profit amid strong sales, easing chip crunch. Japanese automaker Nissan reported Thursday a seven-fold surge in January-March profit and forecast strong sales for this fiscal year riding on the popularity of its new model offerings. Nissan Motor Co.'s net profit for the fiscal fourth quarter totalled

Hyundai Motor to invest Rs 20,000 cr for EV manufacturing in Tamil Nadu. Hyundai Motor India on Thursday said it will invest Rs 20,000 crore in a phased manner in Tamil Nadu over the next ten years to make further inroads into electric vehicles and modernisation of vehicle platforms. The automaker will invest in phases starting

Siemens re-appoints Sunil Mathur as MD & CEO; Daniel Spindler new CFO. Sunil Mathur is the managing director and chief executive officer of Siemens Limited since 1 January 2014

Hyundai signs deal with Tamil Nadu for Rs 20,000 cr investment in EV space. Car manufacturer will set up battery pack assembly unit with an annual capacity of 178,000 units

South Indian Bank Q4 results: Net profit rises 22.4% to Rs 333 crore. The bank has identified potential candidates for managing director's post and will send final list of candidates to RBI soon

Adani looks to raise $ 2-2.5 bn in first share sale since Hindenburg. Billionaire Gautam Adani's conglomerate is looking to raise USD 2-2.5 billion through an equity share sale in the boldest comeback strategy after the ports-to-energy conglomerate was rocked by allegations of fraud levelled by a US short seller. Boards of t

METRO completes deal with Reliance to sell its India Cash & Carry business. German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash & Carry business to Reliance Retail Ventures Ltd (RRVL), which holds the retail empire of Reliance Industries Ltd. The deal includes all 31 wholesale stores opera

Siemens India arm's profit jumps 39% on strong order book. Siemens Ltd, the Indian arm of German engineering company Siemens AG, reported a near-39% rise in quarterly profit, helped by a boost in infrastructure spending in the country

Discounts, incentives not funded by govt money, clarifies ONDC CEO Koshy. Recently, ONDC has gained a lot of traction because of the stiff competition it is posing to major food aggregators like Swiggy and Zomato

Microsoft to skip salary hikes for full-time employees this year: Report. CEO Satya Nadella cited economic conditions and an investment in artificial intelligence as he informed employees about the change

Lifestyle International plans to open 50 stores in next 3-4 years. According to Capitaline, Lifestyle International's revenue stood at Rs 7,806 crore in FY22 and its PAT (profit after tax) stood at Rs 269 crore

Adani Enterprises to consider stock sale months after short-seller turmoil. Adani Enterprises Ltd., the Indian tycoon's flagship, said in a statement on Wednesday it's holding a May 13 board meeting to consider selling stock

Go First likely to resume flights on May 24 with fewer aircraft: Report. Go First has also reportedly discussed the plans to resume flights with the Centre

Indian firms invested .6 bn in Canada creating thousands of jobs: Report. Indian companies have invested more than CAD 6.6 billion in Canada creating tens and thousands of jobs in the country, with all of them planning to invest more in the future, according to a CII report released in Toronto. The report 'From India to Canada:

Microsoft invests in India's Builder.ai, marking another tie-up for AI. Indian company helps clients make apps without any coding experience

Dhanuka looks to invest in startups; urges crackdown on fake pesticides. Agro-chemical firm Dhanuka Agritech on Wednesday said it has made investments in two startups so far and is open to invest in more such companies to support young entrepreneurs in the agriculture sector. In 2021, Dhanuka Agritech announced an investment of

JSW Steel crude steel production grows 7% YoY to 1.7 MT in April. JSW Steel on Wednesday posted a 7 per cent growth in crude steel production on standalone basis at 17.77 lakh tonne (LT) in April 2023. The company had produced 16.67 LT steel during the same month last year, JSW Steel said in a statement. In April 2023, t

GAIL to build .89-bn ethane cracker near LNG import plant in West India. The company plans to import ethane from the United States for the project, the source said

Matrimony.com reports consolidated Q4 net at Rs 11.40 cr, total income grew. Matchmaking service provider Matrimony.com has reported a consolidated profit for the fourth quarter ending March 31, 2023 of Rs 11.40 crore, the company said on Wednesday. The city-based firm had registered a consolidated profit at Rs 11.70 crore during t

Distribution and logistics platform Ripplr raises mn to expand footprint. Tech distribution and logistics platform Ripplr on Wednesday said it has raised mn in a Series B round led by Fireside Ventures

L&T Infra's non-Executive Chairman A M Naik has decided to step down. Infrastructure major Larsen & Toubro on Wednesday announced that its Non-Executive Chairman A M Naik has decided to step down from the post. S N Subrahmanyan, who is the Chief Executive Officer & Managing Director, has been re-designated as the Chairman an

Shanthi Gears reports Q4 profit after tax of Rs 19.47 crore in Q4FY23. Gear and allied products manufacturer Shanthi Gears Ltd has reported profit after tax for the quarter ending March 31, 2023 of Rs 19.47 crore, the company said on Wednesday. The Tamil-Nadu-based company had registered profit after tax at Rs 12.22 crore dur

With bankruptcy protection, can Go Airlines return to the air in two weeks. Getting bankruptcy protection, can the Wadia group's low cost carrier Go Airlines Ltd send its fleet back into the air in two weeks -- as it said earlier -- is the question that needs to be answered

Mirae Asset inks pact with FundsIndia to give loan against securities. Mirae Asset Financial Services on Wednesday said it has inked a pact with FundsIndia to provide loans against securities. This credit facility is available on FundsIndiainvestorplatform and soon will be released on their partner platform as well, a joint s

Exploring M&A opportunities in overseas markets; plan to launch IPO: Vinsys. IT services company Vinsys on Wednesday said it is exploring acquisition opportunities in overseas markets, including the US and the UK, to expand its global reach and also announced plans to launch its maiden public issue. Pune-based Vinsys offers customi

Cisco to start manufacturing in India, eyes billion production capacity. Cisco currently has some 15,000 employees in India with a presence in Bengaluru and two other locations. India serves as the second largest R&D center for Cisco next to the USA

ED searches Deloitte, BSR offices in IL&FS money laundering probe. According to ED, statutory audit of IFIN has been made by Deloitte Haskins & Sells LLP between FY09 and FY18 and by BSR & Associates for FY18

AM Naik to step down as L&T's non-executive chairman, 'SNS' to take over. AMN, as he is popularly known, is credited with saving the company from corporate raiders in the 1990s including the Ambanis and the Birlas

TransIndia Realty & Logistics Parks to sell crane biz for Rs 121 crore. Allcargo Group firm TransIndia Realty & Logistics Parks on Wednesday announced that it has signed a pact with Premier Heavy Lift Pvt Ltd for selling its crane business to the latter for Rs 121 crore. TransIndia Realty & Logistics Parks Ltd, which specialis

JSW Infrastructure files DRHP with Sebi, plans to raise Rs 2,800-cr via IPO. Firm plans to retire debt, fund port projects through the public offer's proceeds

SAF Small Finance Bank FY23 net profit jumps over four-fold to Rs 302 cr. ESAF Small Finance Bank posted an over four-fold jump in net profit to Rs 302.33 crore for the year ended March 31, 2023. The bank had earned a profit of Rs 54.73 crore a year ago. Total business (including advances under collection management) increased b

Might move to NCLT against Go First if dues worth Rs 900 cr not paid: TAAI. Travel agents' grouping TAAI on Wednesday said it will consider moving the NCLT against Go First in case the airline does not provide a viable solution to clear its dues estimated to be worth around Rs 900 crore. The Travel Agents Association of India (TAA

State-owned Coal India expects to conclude wage agreement within a month. State-owned Coal India Ltd (CIL) on Wednesday said it is expecting to conclude the wage agreement (NCWA-XI) within a month, which would benefit its 2.38 lakh strong non-executive workers. Wages of the non-executive workers, which account for 94 per cent of

US investor Vanguard marks down Ola's valuation by 35% to .8 billion. Vanguard reportedly has about 0.7 per cent stake in the ride-hailing firm

Sanofi India to demerge consumer health biz into a wholly-owned subsidiary. Sanofi Consumer Healthcare India is expected to be listed on both the BSE and NSE, the company said in an exchange notification

Larsen & Toubro reports 10% surge in Q4 net profit to Rs 3,987 crore. The company reported a 10 per cent year-on-year rise in revenues of Rs 58,335 crore

Dr Reddy's Laboratories Q4 PAT grows nine-fold riding on US, India biz. For the full year 2022-23, DRL's revenues were up 15 percent to Rs 24,587.9 crore while the PAT grew by 91 percent to Rs 4,506.7 crore

Saas platform OTPless hires BharatPe's Anubhav Mathur, other key executives. OTPless, the startup founded by Bhavik Koladiya announced the appointment of key executives

Pricol Ltd posts nearly 127% rise in Q4 consolidated profit at Rs 29.80 cr. Pricol Ltd has reported 126.96 per cent rise on its consolidated profit during the fourth quarter ending March 31, 2023 at Rs 29.80 crore, the company said on Wednesday. The Tamil Nadu based automotive technology firm had registered consolidated profit at

Govt promises probe in alleged breach of privacy involving WhatsApp. This is in response to a Twitter engineer's claim that WhatsApp accessed the microphone of his smartphone when it was not in use

Adani Enterprises to hold board meeting to approve proposal to raise funds. Adani Enterprises Ltd said on Wednesday that the company's board will hold a meeting on May 13 to approve a proposal to raise funds

Latest stock market News for tomorrow Access previous news reports: 650651652653654655656657658659660661662663664665666667668

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