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NSE share market NEWS tomorrow (10 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 May 2023

Cyient was amongst the top gainers, currently trading at 1257.35 in NSE with 6.455 times change in volumes and 8.131% change in price. Other gainers included Varun Beverages with 6.706% price change and 1.523 times volumes, Ncc with 3.545% price change and 1.141 times volumes, Sona Blw with 3.393% price change and 1.234 times volumes, and Samvrdhna Mthrsn with 3.162% price change and 1.511 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.

Rail Vikas was amongst the top losers, currently trading at 121.85 in NSE with 0.141 times change in volumes and -4.99% change in price. Other losers included Kei Industries with -4.384% price change and 0.739 times volumes, Punjab National with -3.483% price change and 1.837 times volumes, Indian Bank with -3.353% price change and 0.739 times volumes, and Mankind Pharma with -2.774% price change and 0.17 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.

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

Change in control of HDFC AMC got final Sebi approval: HDFC Bank. HDFC Bank on Wednesday said markets regulator Securities and Exchange Board of India (Sebi) has granted its final approval for the proposed change in control of HDFC AMC. This approval will help pave the way for the merger of HDFC into HDFC Bank, expected

myTVS parts division on expansion spree, to add one store a day in FY24. Under Ki Mobility, two brands are functioning at present, which includes myTVS for the automobile service business and myTVS Partsmart for the parts business

Govt to decide on Go First bankruptcy, lessors seeking planes fear impact. This is the first time an Indian airline has voluntarily sought bankruptcy protection to renegotiate its contracts and debts

Apollo Tyres beats Q4 profit view on lower rubber costs, strong demand. Apollo's revenue from operations rose 12% to Rs 6,247 cr as the cost of materials consumed fell around 11.2% compared to the year-ago quarter

Walmart committed to India and here for the long term: CEO Doug McMillon. McMillon along with other top Walmart leaders including Judith McKenna, is on a visit to India to assess the progress made by Walmart entities Flipkart, Global Tech and PhonePe

Pratt & Whitney to oppose Go First's push to enforce arbitration against it. Go First approached the Delaware court after it won an arbitration order in Singapore against Pratt & Whitney, which it said failed to supply engines on time

Twitter gets new DM feature; voice and video chat to be added soon: Musk. The feature for direct messaging will be available for use starting May 11

Hyundai to announce over Rs 15,000 cr investment programme in Tamil Nadu. The proposed investments of Rs 15,000 crore to Rs 20,000 crore would be spread over the next seven to 10 years, sources said

Adani-Hinderburg row: Expert panel submits its findings to Supreme Court. The expert panel looking into the matter is chaired by former Supreme Court judge AM Sapre

HPL Electric and Power gets pan-India smart meter orders worth Rs 204 cr. The implementation of government schemes has significantly helped the industry, and we are witnessing tangible results, said the company CEO

NCLT admits Go First's plea for voluntary insolvency, appoints IRP. It has also granted Go First protection under a moratorium from recovery by lessors and creditors

NCLT admits Go First's plea for voluntary insolvency, appoints IRP. It has also granted Go First protection under a moratorium from recovery by lessors and creditors

Balu Forge Industries Q4 net profit grows 43% to over Rs 15 crore. Balu Forge Industries Limited (BFIL) reported over 43 per cent jump in its consolidated net profit at Rs 15.24 crore in the March 2023 quarter, boosted by higher income. It had reported a net profit of Rs 10.63 crore in the same quarter a year ago, the com

NCLT admits Go First's insolvency plea, puts it under moratorium. Order prevents a viable airline from becoming an unviable one, says airline's CEO

IT firms hired more women in 2022-23, 6.5% growth registered: Survey. A survey conducted by staffing firm Xpheno found that the proportion of women employees increased 6.5% at the top IT companies in FY23

ED searches may tarnish Manappuram's business prospects: Fitch report. Fitch Ratings on Wednesday said the recent search by the enforcement directorate at gold-backed lender Manappuram Finance highlights corporate governance challenges that can arise in emerging markets like India. "Such searches need not lead to further regu

ONDC faces weakening growth online, snags likely to hit expansion. The executives, who closely monitor ONDC's ecommerce integrations, reported that order returns and rejections for online purchases made through ONDC partners have been high

Fitch says outlook for Tata Steel positive, stable for JSW Steel. Rating for companies based on their EBITDA growth and improved finances

Maharatnas, Navratnas now appointing younger independent directors: Survey. The participation of women IDs on board of these companies has also improved

OYO travel agent enrollment reports sharp uptick of 150% in FY23. Hospitality technology platform OYO on Wednesday said it has witnessed over 150 per cent growth in travel agency enrollment in the financial year ended March 31. The company attributed the growth to the travel resurgence in India over the last few years, t

Cisco CEO Chuck Robbins announces manufacturing plans for Tamil Nadu. US network gear maker Cisco on Wednesday announced manufacturing plans for Tamil Nadu, India, as its chairman and CEO Chuck Robbins asserted that the company is bullish about India market and its prospects. The company, in a statement, said it is targeting

Go First files suit against engine maker, legal scene shifts to US court. After getting what it had prayed for before the National Company Law Tribunal (NCLT), the legal scene now shifts to a US court where Go Airlines (India) Ltd has filed a suit against the aircraft engine maker Pratt & Whitney.

Godrej Consumer Q4 results: Consolidated profit up 24.5%, revenue rises 10%. In FY23, however, the company's profit was down 4.5 per cent to Rs 1,702.46 crore

Paytm beats peers as highest revenue earner in mobile payments services. Indian fintech giant Paytm on Wednesday reported its financial performance for FY23, where its revenues swelled to Rs 7,991 crore for the fiscal year

MG Motor India says will sell majority stake to Indians in 2-4 years. Carmaker owned by Chinese company SAIC Motor will raise Rs 5,000 crore through stake sale

Escorts Kubota posts drop in Q4 profit to .6 mn on higher expenses. Escorts Kubota reported a fall in its fourth-quarter profit on Wednesday, hurt by increased commodity prices, and unseasonal rains in March

L&T Q4 results: PAT rises 10% YoY to Rs 3,987 cr, dividend at Rs 24 a share. The total revenue from operations increased 10.4 per cent YoY to Rs 58,335.15 crore

Dr Reddy's Labs Q4 result: PAT up 9 times, div declared at Rs 40 per share. Its revenue from operations stood at Rs 5,843 crore in Q4 FY23, up 15.28% YoY as compared to Rs 5,068.4 crore in Q4FY22

Muted near-term outlook, weak Q4 show to keep UPL stock under pressure. Lower debt levels, inexpensive valuations are positives

Eveready Industries posts Rs 14.4 crore net loss in Jan-Mar quarter. Leading battery and flashlights maker Eveready Industries India Ltd on Tuesday reported narrowing of its consolidated net loss to Rs 14.39 crore for the quarter ended March 2023. The company had posted a net loss of Rs 38.41 crore in the January-March peri

NCLT to issue crisis-hit Go First's insolvency order on Wednesday. The airline, widely known as Go First, filed for bankruptcy protection last week, blaming "faulty" Pratt & Whitney engines for the grounding of about half its 54 Airbus A320neo planes

CG Power and Industrial board approves manufacturing capacities expansion. The Board of CG Power and Industrial Solutions Ltd has given its consent to expand the manufacturing capacities of motors at its facilities, the company said on Tuesday. The manufacturing units located at Ahmednagar and Goa would be taken up for expansion

Castrol India posts 11.3% fall in Q1 profit on rising input costs. Revenue from operations increased 4.7% to 13.12 billion rupees, but that was not enough to offset the 8.9% rise in total expenses to 10.23 billion rupees

Gabriel India ties up with Inalfa to manufacture sunroofs for PVs. Auto component maker Anand Group on Tuesday said its unit Gabriel India has inked a technical collaboration with Netherlands-based Inalfa Roof Systems to manufacture sunroofs for the passenger vehicles. The newly formed Inalfa Gabriel Sunroof Systems (IGSS

LIC increases its shareholding in Hindustan Petroleum by over 5%. LIC's shares closed at Rs 557.35 apiece on BSE, down 0.93 per cent

LatentView Analytics reports profit after tax at Rs 342 mn in March quarter. Global digital analytics consulting and solutions firm LatentView Analytics Ltd has reported a profit after tax (PAT) at Rs 342 million for the quarter ending March 31, 2023, the company said on Tuesday. For the year ending March 31, 2023 the PAT grew to R

Vedanta appoints veteran Terry Daly as advisor for semiconductor business. Global conglomerate Vedanta on Tuesday said it has appointed industry veteran Terry Daly as advisor for its semiconductor business

PESB recommends Parminder Chopra for PFC Chairman, Managing Director post. Parminder Chopra is set to head Power Finance Corporation (PFC), with PESB recommending her name for the post of Chairman and Managing Director (CMD) of the state-owned non-banking financial institution. Chopra currently serving as Director (Finance), will

Godrej Agrovet Q4 consolidated net profit declines 83% to Rs 23.47 crore. Godrej Agrovet on Tuesday reported an 83.21 per cent decline in consolidated net profit at Rs 23.47 crore in the quarter ended March 31, 2023. The company's net profit stood at Rs 139.81 crore during the corresponding period of 2021-22, according to a regu

Apollo Tyres Q4 profit jumps 4-fold on lower rubber costs, strong demand. Apollo also recommended a final dividend of Rs 4 per share

Blue Star targets to achieve 15% market share by FY25 in room AC segment. Blue Star Ltd is targeting to achieve a market share of 15 per cent by FY2025 in room air conditioners segment, according to company's Managing Director B Thiagarajan. The air-conditioning and commercial refrigeration major is also targeting to sell one mi

Birla Corporation's net profit down 23% to Rs 85 crore in March quarter. M P Birla group's flagship company, Birla Corporation Limited, on Tuesday said the cement major posted a net profit of Rs 85 crore for the March 2023 quarter, down by 23 per cent over the corresponding period last year. The consolidated revenue for the Mar

Amara Raja launches gigafactory in Telangana to produce lithium ion battery. This new facility in Telangana by Amara Raja plans to create employment opportunities for nearly 4,500 people and a similar number of indirect jobs

General Motors hires former Apple executive to run new software unit. General Motors has hired a former high-ranking executive at Apple to run a new software organisation at the automaker. Mike Abbott is joining GM as executive vice president of software on May 22, the Detroit manufacturer said on Tuesday. He'll report direc

Westlife Development net profit grows 30.3% to Rs 20.3 cr in March quarter. Westlife Development Ltd on Tuesday reported a 30.3 per cent increase in consolidated net profit to Rs 20.30 crore for the fourth quarter ended March 2023. The company had posted a net profit of Rs 15.58 crore in the January-March quarter a year ago, Westl

Mankind Pharma jumps 32% on stock market debut due to strong demand. The stellar listing day performance comes even as retail investors gave the Rs 4,326-crore IPO - the largest in more than a year-a miss

Nazara Technologies Q4 results: Net profit rises 18% to Rs 2.6 crore. Nazara Technologies approved the acquisition of 19.5% of share capital of unit Next Wave Multimedia

Q4 results: Private sector banks post 9.7% decline in net profit. Axis bank's one-time charge for Citibank's consumer biz acquisition shows impact Annual profit grow by hefty 25.3% in Fy23

Covid vaccine maker Novavax plans to cut 25% jobs to slash expenses. Novavax is cutting about a quarter of its workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue. The company said on Tuesday that it expects to trim next year's costs for research and development as wel

Suneil Shetty backed zero fee food delivery app Waayu launches in Mumbai. Waayu's launch comes at an interesting time when the government-backed Open Network for Digital Commerce platform is gaining more traction, following Swiggy's decision to charge Rs 2 platform fee

Kilburn Engineering Q4 result: Profit after tax rises 158% to Rs 12.34 cr. Income from operations stood at Rs 66.68 crore, an increase of 15.94 per cent over the same period last year

Select Microsoft users to get peek into AI 'game changer' for office work. The Redmond, Washington-based company said it had received an "overwhelming feedback" from the earliest 20 customers using Copilot

Go First Saga: Lessors seek to deregister 9 more planes of the airline. As Go First awaits the NCLT verdict on its voluntary insolvency resolution plea, lessors have sought deregistration of nine more aircraft of the crisis-hit airline. In one week, various lessors have approached aviation regulator DGCA for deregistration and

HC upholds tribunal verdict favouring Reliance Industries in gas sale case. Reliance had been accused of 'unjust enrichment of over .5 billion' in Bay of Bengal

Apple partner Foxconn buys land in Bengaluru to expand production in India. Karnataka has reportedly encouraged Foxconn to invest in the state

Tata group, IndiGo hold talks to snap up planes, airport slots of Go First. Pratt, a unit of Raytheon Technologies, has previously said the Go First matter is being considered by law courts.

Silicon Valley outreach: India best destination, says Vaishnaw to chip cos. Over three days, he will showcase India as a manufacturing hub

Lupin reports 12% rise in Q4 sales riding on API, US and India biz. The revenue growth came from a strong API business performance along with US and domestic market sales growth

Pidilite Industries expects margins to improve from April-June quarter. He added, "The normal EBITDA margin for us is in the range of 20 to 24 per cent. Given that (raw material) prices haven't come back, we will be back to the 20 to 24 per cent range," Puri said

Adani Ports to pay 0 mn of debt early, 3 mn debt tendered for payment. Adani Ports had floated a tender of up to 0 million of 3.375% 2024 maturity dollar-denominated bonds late last month

Mukesh Ambani's RIL has stock analysts most bullish in seven years. The stock is down 3% so far in 2023 compared with a gain of 1.5% in the S&P BSE Sensex Index, hurt in part by a decline in crude prices

Vaishnaw to meet top tech execs to invite investments in chips, laptops. The Centre has been wooing global companies through the production-linked incentive scheme and the semiconductor scheme, both of which provide incentives to companies

Air India pilots get more time to accept revised compensation structure. Air India has given more time to pilots to accept the revised compensation structure, which has been opposed by two pilot unions, according to a source. The decision to provide more time to pilots who are yet to sign the new contracts also comes days after

Govt bailout of Go First unlikely unless engine issue resolved: Dy Minister. Deputy Aviation Minister VK Singh said the government has offered help to US-based Pratt & Whitney

US-based Invesco further slashes Swiggy's valuation to .5 billion. The revised valuation represents a massive 49% decrease from the .7 billion valuation

State power utilities should monetise unused optic fibre infra: Assocham. Industry body Assocham has requested the government to direct state transmission utilities to take necessary steps to optimise the utilisation and monetisation of their spare optical ground wire capacity. A passive optical network or optical ground wire is

Japan's Mitsubishi Electric to build plant in Tamil Nadu for 1 million. The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees (1.2 million) to set up a manufacturing facility in the southern state of Tamil Nadu

Stride Ventures announces first close of third venture debt fund at 0 mn. Firm invests in startups that exhibit robust business models and strong unit economics

Three Adani Group firms lose endorsement of UN-backed climate group. Adani Green, Adani Transmission Ltd. and Adani Ports & Special Economic Zone Ltd. were removed in late April

Raymond Q4 results: Consolidated net profit falls 26% to Rs 194 crore. Raymond Q4 results: In 2022-23 (FY23) the net profit more than doubled to Rs 529 crore from Rs 260 crore in FY22

Delhi HC dismisses Centre's plea accusing RIL of 'unjust enrichment'. Judge Anup Jairam Bhambhani today upheld the decision and said that the case calls for 'no interference'

Avaada Energy bags 280 MW solar project from Rajasthan Urja Vikas Nigam. Avaada Energy on Tuesday said it has bagged a 280 megawatt (MW) solar project from Rajasthan Urja Vikas Nigam Limited (RUVNL). The project, bagged through a bidding process, will be commissioned within 18 months, the Avaada Group company said. As per the b

SRF posts 7% fall in profit on packaging margin hit in Jan-Mar quater. Consolidated net profit after tax stood at 5.62 billion rupees (.7 million) for the three months ended March 31, compared with 6.06 billion rupees a year earlier

Latest stock market News for tomorrow Access previous news reports: 651652653654655656657658659660661662663664665666667668669

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