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NSE share market NEWS tomorrow (04 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (04 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 04 May 2023

Cholamandalam Investment was amongst the top gainers, currently trading at 950.20 in NSE with 6.868 times change in volumes and 7.173% change in price. Other gainers included Suzlon Energy with 6.173% price change and 3.391 times volumes, Abb India with 5.552% price change and 3.568 times volumes, Kfin Technologies with 5.244% price change and 2.033 times volumes, and Manappuram Finance with 4.651% price change and 0.872 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.

Petronet Lng was amongst the top losers, currently trading at 226.80 in NSE with 1.952 times change in volumes and -4.183% change in price. Other losers included Bond 8 with -3.526% price change and 0.802 times volumes, Hindustan Aeronautics with -1.525% price change and 0.554 times volumes, Uno Minda with -1.456% price change and 0.222 times volumes, and Kpit Technologies with -1.426% price change and 1.594 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.

AMNS India's operational profit falls to 1 mn in March quarter. Steel player AMNS India on Thursday said it has posted a 27.44 per cent fall in its operational profit at USD 341 million (about Rs 2,788 crore) during the March 2023 quarter. The company's earnings before interest, taxes, depreciation, and amortisation (E

NGT slaps Rs 10 cr fine on Northern Coalfields over storing of coal. The National Green Tribunal (NGT) has directed the Northern Coalfields Ltd (NCL) to pay a compensation of Rs 10 crore for violation of environmental rules by unscientific storing of around 1.5 lakh tonnes of coal in Sonbhadra district of Uttar Pradesh. The

APSEZ cargo handling rises 13% in April YoY, credits improved infra. Four ports recorded significant sequential growth in monthly volumes, says company

CEAT reports five-fold jump in Q4 profit on lower raw material costs. The company recommended a final dividend of Rs 12 rupees per share

EV ride-hailing firm BluSmart gets mn in fresh funding to expand fleet. Start-up says will use fresh capital to 'go deeper' in Delhi NCR and Bengaluru

Adani Ports completes sale of Myanmar Port at discounted price of mn. Exit in line with guidance of risk committee, says CEO

Tech Mahindra, FIDE join hands for franchisee-based chess competition. Brings AI, VR and AR to improve fan experience; First edition to be held in Dubai, between June 21 and July 2

HDFC Bank aims to double semi-urban, rural biz in four years, says official. HDFC Bank is targeting to double its semi-urban and rural (SURU) business in the next three to four years, a senior official said on Thursday. The country's largest private sector lender, however, did not share the present size of the SURU business on both

Raymond to consider issue of non-convertible debentures up to Rs 2,200 cr. The outcome of the board meeting will be communicated to the stock exchanges after conclusion of the board meeting on May 9 2023

CIL to pump in Rs 91K cr on diversification, projects by FY26: P M Prasad. Domestic coal major Coal India Ltd (CIL) will pump in Rs 91,000 crore in various projects, including diversification and mine development, by 2025-26, P M Prasad, chairman and managing director of CIL-arm Central Coalfields Ltd (CCL) said on Thursday. The

BharatPe rebrands multi-brand loyalty program PAYBACK India as 'Zillion'. This new brand identity is in line with the company's vision to make Zillion ubiquitous to loyalty and rewards across the country

Lot of alignment in govt rules, our vision, says Google India chief. Laws of the land should be followed and there is a lot of alignment in Google's vision and the government's proposed rules around misinformation, a senior Google official said on Thursday. Google India, Country Manager and Vice President, Sanjay Gupta said

Hero MotoCorp Q4 net up 31% to Rs 810 cr on higher prices, better savings. Hero MotoCorp's consolidated annual net profit rose by 20.21 per cent to Rs 2,800 crore

Financial institution 1 Finance bags psychology patent for screening tool. MoneySign assessment framework, for which the financial institution has won the psychology patent has been developed with the help of global psychology experts

Mindspace REIT Q4 NOI up 9% to 436.4 cr, distribution of Rs 285 cr declared. Mindspace Business Parks REIT on Thursday reported a 9 per cent increase in its net operating income to Rs 436.4 crore in the fourth quarter of the last fiscal and declared income distribution of Rs 285.2 crore to unitholders for the March quarter. The com

ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO after raids. The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation. A total of six prem

United Breweries posts 94.03% slump in Q4 profit on higher input costs. India's United Breweries Ltd reported a 94.03% slide in fourth-quarter profit on Thursday, hurt by higher raw material costs

REC Chairman flags off first fleet of electric staff vehicles in Gurugram. REC Chairman and Managing Director Vivek Kumar Dewangan on Thursday flagged off the first fleet of electric staff vehicles in Gurugram. In a path towards a green future, REC Ltd has set a target of replacement of all conventional staff vehicles with electr

Vistara operates Boeing 787 aircraft using sustainable aviation fuel. Full service carrier Vistara on Thursday said it operated a Boeing 787 aircraft on the Delhi-Mumbai route, using sustainable aviation fuel (SAF). This is the first time that an Indian carrier has operated a commercial domestic flight on a wide-body aircraf

Icra downgrades Shapoorji Pallonji Group flagship's ratings to BBB+. The flagship company of Shapoorji Pallonji Group, the single-largest shareholder in Tata Sons, had its debt downgraded on Thursday by a domestic rating agency. The Rs 19,600-crore debt across multiple instruments of Shapoorji Pallonji and Company Private L

DHFL money laundering case: HC denies bail to Yes Bank founder Rana Kapoor. The Bombay High Court on Thursday refused to grant bail to Yes Bank founder Rana Kapoor in connection with the DHFL money laundering case, noting that he was one of main accused in the case and he faced a "serious charge" of having laundered public money.

Lessors seek deregistration of 23 Go First planes to secure their assets. Go First has 54 Airbus aircraft in its fleet and 26 of them were in operation until Tuesday when the airline filed its insolvency application

Go First pilots rush to Air India's job drive after it files for bankruptcy. Go First's announcement on Tuesday that it had filed for bankruptcy as demand for post-pandemic air travel in the world's most populous country boomed came as a shock to many employees

IndiGo gets nod to remove technical paper manuals, to make aircraft lighter. IndiGo on Thursday said its Airbus aircraft are expected to be a bit lighter in weight following aviation safety regulator DGCA granting it approval to remove Technical Paper Manuals. The regulatory nod allows the airline to remove Technical Paper Manuals

Lessors oppose Go First's insolvency resolution plea; NCLT reserves order. Airline seeks interim moratorium

Lessor Aircastle files case against SpiceJet to initiate insolvency process. The first hearing of Aircastle's case will take place on Monday at the Delhi bench of NCLT

Centrum Capital to consider raising Rs 1,000 crore via issue of NCDs. The outcome of the board meeting will be communicated to the stock exchanges after conclusion of the board meeting on May 19, 2023

Lenders to Go First await NCLT's verdict to chalk-out strategy. There was no meeting on Thursday. Banks have already reviewed the situation on Wednesday

Samsung India expects growth to double for its premium television this year. It has launched the Neo QLED 8K TVs and Neo QLED 4K TVs in sizes ranging from ranging from 50-inches to 98-inches

Sundram Fasteners posts 19% rise to Rs 127.47 crore in Q4 net profit. The export sales for the quarter were at Rs 380.77 crore as against Rs 366.01 crore, a growth of 4.03 per cent

RP-Sanjiv Goenka Group's Guiltfree enters into Indian snacks space. Guiltfree Industries estimates the entire Indian snacks category (namkeens) as a Rs 30,000 crore market and the organised segment is in the range of Rs 14,000-Rs 15,000 crore

Swiggy expands its premium food delivery service Gourmet to 31 cities. This comes days after Swiggy closed down its premium grocery delivery offering, Handpicked, just six month after it was introduced as a pilot in Bengaluru

Air India gets over 700 applications for pilots for its recruitment drive. On April 27, the carrier issued an advertisement for more than 1,000 pilots

Adidas facing investor unrest after yeezy crisis along with poor sales. Adidas's shares plunged 64% through Nov. 3 of last year amid repeated profit warnings and personnel problems

TCS to develop its own ChatGPT with focus on enterprise code generation. TCS is expected to release some of these solutions by the last quarter of this financial year

Icra downgrades SPCPL's rating to BBB+ on delay in securing working capital. The delay has impacted the engineering, procurement, and construction (EPC) operations in FY23, resulting in modest profitability and muted debt coverage metrics compared with earlier estimates

Cognizant to lay off 3,500 employees in 2023 amid declining revenue. In the quarter ended March 31, the company reported a margin of 14.6%, among the lowest in the industry

EV ride-hailing startup BluSmart Mobility raises mn from BP, others. Investors include BP Ventures, the investment arm of energy giant BP Plc that holds 20% equity

Go First employees in a lurch, look for employment at Air India, IndiGO. Go has been facing financial challenges for a long time now. Earlier, it had sent its employees on long unpaid leaves

Tax evasion case: Xiaomi moves Karnataka High Court to challenge FD seizure. Xiaomi India's market share in the Indian handset industry has been steadily falling as a result of the legal problems

Google announces blue verified checks for email senders to minimise scams. After Twitter, Google has now announced to display a Blue checkmark next to a sender's name to verify their identity and minimise scams, which is free at the moment

RIL gets nod from shareholders, creditors to demerge financial services arm. RSIL will be renamed Jio Financial Services Ltd (JFSL) and RIL shareholders will receive one share of JFSL for each share they own

Cognizant to focus on increasing presence in smaller Indian cities. International IT services company says it will lay off 3,500 employees and redistribute physical workplaces

J&J, cancer victims ordered to start settlement talks in bankruptcy. A federal judge ordered a new round of settlement talks between Johnson & Johnson and lawyers who spurned the company's offer to pay .9 billion to end tens of thousands of cancer claims

Go First seeks interim moratorium, NCLT says no such provision under IBC. Go First told the court that the primary aim of filing for insolvency was to revive the airlines and it seeks a comprehensive debt restructuring

DGCA asks Go First to refund passengers; airline scraps flights till May 9. Airline has filed for bankruptcy, blames engine supplier Pratt & Whitney for cash crunch

Need more rational airfares in country, says SpiceJet CEO Ajay Singh. SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the country even as he tried to assuage concerns of a hike in airfares as a consequence of competitor Go First filing for voluntary insolvency by terming it a "tempora

Cognizant announces 0 mn plan to simplify operations in 2 years. Programme may impact around 3,500 jobs, mainly in corporate functions

HDFC Q4 net profit up 19.5%, interim dividend of Rs 44 per share declared. HDFC Q4: The company's total revenue from operations was up 35.6% year-on-year (YoY) to Rs 16,679.43 crore

Dabur reports 0.5% fall in net profit, declares dividend of Rs 2.7 apiece. During the quarter, the revenue from operations, however, rose 6.3 per cent to Rs Rs 2,677.33 crore

Cognizant Q1 profit up 3%; personnel-related action to impact 3,500 staff. IT services company Cognizant posted a 3 per cent year-on-year rise in net income for the January-March quarter, gave muted guidance for the full year 2023 revenue and said its new 'NextGen programme' aimed at simplifying operating model and optimising cor

Indian Energy Exchange trade volume grows 6% to 7,928 mn units in Apr. Indian Energy Exchange (IEX) on Thursday said its total trade volume increased by 6 per cent on a yearly basis to 7,928 million units (MU) in April. In a statement, the power trading exchange said "it achieved 7,928 MU overall volume in April 2023, includi

Adani Enterprises Q4 results: Net profit rises 137.5% to Rs 722 crore. Adani Enterprises Q4 results: The revenue from operations of the flagship firm of the Adani Group was up 26.06 per cent to Rs 31,346.05 crore in the quarter

Allen Career Institute appoints Nitin Kukreja as chief executive officer. Last year, Bodhi Tree invested 0 million in Allen Career Institute, and Kukreja's appointment as the CEO

Mother Dairy cuts MRP of Dhara cooking oils by Rs 15-20 per litre. Mother Dairy has cut maximum retail prices (MRP) of its edible oils, sold under Dhara brand, by Rs 15-20 per litre with immediate effect in line with the reduction in global prices. The stock with revised MRP is expected to hit the market next week. The re

OYO to double Char Dham Yatra hotels this year to meet increased demand. IPO-bound company says 40 new properties will spread key locations of pilgrimage

NCLT reserves order on Go First's plea for insolvency proceedings. The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings. A two-member bench headed by President Justice Ramalingam Sudhakar concluded the day-long hea

Tata Steel CEO Narendran expects Europe ops to improve from July-Sept. Europe is still struggling but things are getting better because energy prices have come down, T.V. Narendran told Reuters in an interview

HDFC Q4 profit up 20% at Rs 4,425 cr on robust net interest income. Mortgage lender's board declares an interim dividend of Rs 44 per equity share for FY23

Reliance shareholders, creditors approve demerger of financial services arm. Shareholders and creditors of Reliance Industries have approved a plan to demerge the company's financial services arm, Reliance Strategic Ventures Ltd (RSIL). In filings with the stock exchanges, Reliance said that it received 99.99 per cent of votes in f

Hero MotoCorp Q4 results: Net profit rises 37% on higher vehicle sales. The company's profit jumped to Rs 859 crore (5 million) for the three months ended March 31 from Rs 627 crore a year earlier

Dabur India's Q4 net profit falls to Rs 292.76 crore, revenue up 6.4%. Revenue from operations in the fourth quarter, meanwhile, jumped 6.4 percent to Rs 2,677.8 crore for the quarter under review, as compared to Rs 2,517.81 crore in the year-ago period

Macrotech to invest about Rs 2,500 cr this fiscal on land acquisition. Macrotech Developers will invest around Rs 2,500 crore this fiscal to buy land and to pay its joint venture partners against land acquired in the previous years. Mumbai-headquartered Macrotech Developers, which sells its properties under the Lodha brand, i

Tata Power Q4 results: Consolidated net profit rises 54% to Rs 778 crore. The company's board recommended a dividend of Rs 2 per share

Adani Enterprises revenue up 26% at Rs 31,716 cr in Q4, PAT rises 137%. Group flagship company is focused on 'governance, compliance, performance': Gautam Adani

Adani Ports completes sale of Myanmar port for a discounted million. Adani Ports and Special Economic Zone Ltd said that it has completed the sale of its port in sanction-hit Myanmar for million, significantly lower than its investment in the project

Wadia-owned Bombay Dyeing posts bigger loss in March qtr as costs soar. The Mumbai-based company's consolidated net loss widened to Rs 246 crore (.08 million) for the three months ended March 31, from a loss of Rs 41.74 crore a year earlier

Blue Star posts 3-fold jump in Q4 profit to Rs 225 cr, revenue from ops up. Air conditioning and commercial refrigeration firm Blue Star Ltd on Thursday reported nearly three-fold rise in consolidated net profit at Rs 225.29 crore in the fourth quarter ended March 31, 2023, aided by profit on sale of freehold land. The company had

TVS Motor Q4 results: Profit up 21% at Rs 336 cr, revenue at Rs 8,031 cr. TVS Motor Company on Thursday said its consolidated net profit rose by 21 per cent to Rs 336 crore for the fourth quarter ended March 31, 2023, riding on the back of robust sales. The company had reported a net profit of Rs 277 crore in the same period of

Supreme Court paves way for tribunal to act against IL&FS auditors. The court said the intention of the legislature behind Section 145 is very clear

Cholamandalam Investment net profit surges 24% to Rs 853 crore in Q4. Interestingly, disbursements during the year under review increased by 87 per cent to Rs 66,532 crore from Rs 35,490 crore in FY22

Go First insolvency: Spot airfares rise on the airline's top routes. Go First's third busiest route was Delhi-Leh route where the airline was scheduled to operate 66 flights per week this month

Yum! Brands reported 25% system sales growth in India in Jan-March quarter. Its area countries include Nepal, Bangladesh, Sri Lanka and Maldives

Adani Group starts work on data centre at Vizag in Andhra Pradesh. Adani Group on Wednesday started work on building India's first first integrated data centre and technology business park at Vizag in Andhra Pradesh. The park will host a 200+ MW of data centre capacity, powered with up to 100 per cent renewable energy, th

HC appoints arbitrator in Max Healthcare, Care Hospitals dispute case. Max says as it has signed a term sheet with Quality Care for the acquisition of Care Hospitals, its offer should be decided first

Auditor who was named in Hindenburg report resigns from Adani's company. A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to "pre-occupation", Adani Total Gas Ltd said. Hinde

Indian Oil to recoup million of fuel sales bill from Go First. NEW DELHI (Reuters) - Indian Oil Corp will recoup .14 million of jet fuel sales to cash-strapped Go First by cashing in bank guarantees and is optimistic it will recover a further .11 million for unsecured sales made in the past few months, source

State-owned SJVN bags 200 MW solar project worth Rs 1,200 crore from GUVNL. State-owned SJVN Ltd on Wednesday said it has bagged a 200 MW solar project worth Rs 1,200 crore from Gujarat Urja Vikas Nigam Ltd (GUVNL). "The company has obtained 200 MW Grid Connected Solar Power Project in Khavda Solar Park through e-Reverse auction c

No-frills carrier Go First extends booking hold-up; NCLT plea today. Lenders' meeting on the crisis remains inconclusive, to resume today

Audi begins local production of Q3 range in India's Aurangabad facility. Luxury carmaker Audi India on Wednesday said it has commenced local production of Q3 and Q3 Sportback at Skoda Auto Volkswagen India's Aurangabad facility. With this, the Volkswagen Group reiterates its commitment to Make in India and continues to enhance

Cholamandalam Investment's Q4FY23 profit rises to Rs 852.84 crore. Cholamandalam Investment and Finance Company Ltd has reported a standalone profit for the quarter ending March 31, 2023 at Rs 852.84 crore, the company said on Wednesday. The city-based Murugappa Group firm had registered Rs 689.58 crore during the corresp

Kerala govt, BPCL agree in principle to set up Kochi plant to process waste. The Kerala government and the Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reached an in-principle agreement to set up a plant in Kochi to process waste and produce compressed biogas, nearly two months after the port city witnessed a massive fire a

ZestIoT raises .5 million in funding round led by IvyCap Ventures. Tech startup ZestIoT on Wednesday said it secured USD 6.5 million, about Rs 51 crore, in a funding round led by IvyCap Ventures. The round also saw participation from global venture fund Loyal VC. "The proceeds will be directed towards revolutionizing the

Ekka Electronics to invest Rs 1,000 cr in 3 yrs to set up facility in Noida. Consumer electronics company Ekka Electronics on Wednesday said will investing Rs 1,000 crore to set up a factory in Noida, Uttar Pradesh and enter into the manufacturing of products such as washing machines, smart watches, hearables and TWS (true wireless

ABB India net profit falls to Rs 245 crore in quarter ending March. ABB India on Wednesday said its net profit fell over 33 per cent to Rs 245 crore in the March quarter. The company had reported a net profit of Rs 370 crore in the year-ago period, according to a BSE filing. ABB India follows January to December financial

TVS Motor to refund Rs 20 crore to customers as goodwill benefit scheme. TVS Motor Company on Wednesday said it will refund around Rs 20 crore as a goodwill benefit scheme to customers who have paid over and above the threshold limit fixed under the FAME scheme. The company however maintained that it has fully complied with all

AstraZeneca Pharma India gets DCGI's nod for cancer-treating drug. AstraZeneca Pharma India Ltd on Wednesday said it has received an approval from the Drug Controller General of India (DCGI) for the cancer drug trastuzumab deruxtecan for treatment of metastatic breast cancer. The company said it has been granted approval

CIEL Group to raise Rs 150-200 crore in FY23-24 to fund acquisition plans. Staffing solutions provider CIEL Group has planned to raise Rs 150 crore to Rs 200 crore this financial year to fund its acquisition plans, a top official said here on Wednesday. The funds raised would be deployed for the current acquisition targets of sev

115 QCOs covering 493 products notified for compulsory BIS certification. A total of 115 quality control orders (QCOs) covering 493 products have been notified for compulsory Bureau of Indian Standards (BIS) certification by the respective line ministries

50% of firms fell victim to ransomware attacks in 2022, shows report. The survey was conducted among 569 cybersecurity leaders from 31 different locations around the world, including the US, UK, France, India, and Japan, among others

Fair-trade regulator CCI approves for acquisition of Tower Vision India. Fair-trade regulator CCI on Wednesday granted approval for the acquisition of 100 per cent shareholding of Tower Vision India by Ascend Telecom Infrastructure and GIP EM Ascend 2 Pte Ltd. Ascend Telecom Infrastructure and GIP EM Ascend 2 Pte Ltd are funds

PESB recommends PM Prasad for Chairman, Managing Director of Coal India. The Public Enterprises Selection Board (PESB) has recommended the name of P M Prasad for the post of Chairman and Managing Director of Coal India Limited, an official said on Wednesday. Prasad is currently the chairman cum managing director of the Ranchi-b

CIEL Group to raise Rs 150-Rs 200 cr in FY 2023-24, says official. Staffing solutions provider CIEL Group has planned to raise Rs 150 to Rs 200 crore this financial year to fund its acquisition plans, a top official said here on Wednesday. The city-based company had recorded revenues of over 57 percent in FY 2022-23 to re

Thomas Cook India's arm, Kanoo Travel to form joint venture in Saudi Arabia. Desert Adventures Tourism, a wholly-owned subsidiary of Thomas Cook India, and GCC-based travel conglomerate Kanoo Travel have signed an agreement to establish a joint venture in Saudi Arabia. The collaboration will bring together two travel trade organisa

Vantage emerges highest bidder for SKS Power Generation with Rs 1,800 cr. The bid by Ahmedabad-based Torrent is a close second with a difference of just Rs 7 crore, said a banking source

India-UK join hands to drive transport decarbonisation initiatives. The initiative is backed by the governments of both India and the UK and is among the first to be announced following a landmark MoU signed by the UK and India Science Ministers

Iron Pillar leads supply chain tech firm Pando's mn Series B Funding. With the global logistics SaaS tech market estimated to grow to billion by 2025, Pando said it is well-positioned to benefit from the broader tailwinds

Reliance Power posts Rs 322 crore net profit in Q4, total income declines. Reliance Power on Wednesday reported a net profit of Rs 321.79 crore for the quarter ended March 2023. The consolidated net loss of the company was Rs 657.89 crore in the quarter ended on March 31, 2022, according to a BSE filing. Total income of the compa

IndiGo to begin flights to Singapore, Bangkok from Bhubaneswar next month. Low-cost carrier IndiGo on Wednesday announced it will commence flight services to Singapore and Bangkok from Bhubaneswar from June 3. These additional international routes will not only improve connectivity but also enhance accessibility for passengers fl

REC Limited lists 0-mn green bonds on int'l stock exchanges at GIFT City. With this listing, the cumulative ESG labelled bonds listed on IFSC exchanges has crossed billion," Srinivas said.

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NSE share market NEWS tomorrow (04 May, 2023). NSE stocks in NEWS (tomorrow)

 

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