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NSE share market NEWS tomorrow (03 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (03 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 May 2023

Rail Vikas was amongst the top gainers, currently trading at 130.10 in NSE with 1.521 times change in volumes and 9.975% change in price. Other gainers included Bharat Heavy with 6.556% price change and 2.516 times volumes, Pnb Housing with 5.915% price change and 2.197 times volumes, Bond 8 with 5.663% price change and 1.678 times volumes, and Kfin Technologies with 5.412% price change and 1.213 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.

Manappuram Finance was amongst the top losers, currently trading at 113.95 in NSE with 15.903 times change in volumes and -12.143% change in price. Other losers included Adani Enterprises with -4.211% price change and 1.534 times volumes, Adani Green with -3.345% price change and 0.563 times volumes, Indus Towers with -3.228% price change and 0.734 times volumes, and Ambuja Cements with -2.726% price change and 1.763 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.

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.

APAC region to surpass US by 2030 to become world's largest fintech market. These regions, which are an underpenetrated market with nearly trillion in financial services revenue pools, have the largest fintechs

Swiggy disbursed over Rs 31 cr in claims to delivery partners in FY22-23. This is an increase of around 10% when compared to the FY 2021-2022

Q4 results: Petronet LNG profit slips 18% to Rs 614 cr, revenue up 24.3%. Company recorded highest ever turnover of Rs 59,899 Cr in FY23, up 39%

Airbus reports a drop in first-quarter profit, sales on slow deliveries. The world's largest planemaker has struggled to meet soaring demand for aircraft as travel rebounds from the Covid-19 pandemic

Top Headlines: Go First's bankruptcy, extension on Adani row probe and more. Catch live updates from across the globe here

From Adani Wilmar to Havells India: Q4 results to watch out for today. Q4 results: Godrej Properties, Reliance Power, Bajaj Consumer, Chola Investment, JK Agri Genetic, Petronet LNG, Sula Vineyards, Sonata, and Tata Chemicals will also announce their results today

Go First has history of missing financial obligations: P&W on allegations. In its insolvency filing, Go First said that the 'ever-increasing number of failing engines supplied by Pratt & Whitney's international Aero Engines' led to the grounding of 25 of its A320 neo jets

Go First saga: SpiceJet to revive 25 grounded aircraft, mobilises Rs 400 cr. The funds for revival will be drawn from the Centre's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals, the airline said in a statement

Wadia Group not exiting; some people have shown interest in Go First: CEO. On Tuesday, Go First filed for bankruptcy with the National Company Law Tribunal, blaming Pratt & Whitney engines for the grounding of about half its fleet

JSW Steel to invest 5 mn to upgrade operations in USA manufacturing. JSW Steel USA Ohio Inc, an offshore arm of homegrown JSW Steel, will invest USD 145 million to upgrade its manufacturing operations at Mingo Junction, in Ohio. On the objective behind the move, JSW Steel USA Ohio said it aims to meet the demand for quality

JSW Steel to invest 5 mn to upgrade manufacturing operations in US. New projects are expected to be commissioned in FY26, says subsidiary of Indian steel giant

Times Group owners initiate talks with financiers as firm's partition looms. The funding lines being discussed will be backed by the group's assets and its cash flows, according to the report

Singapore's Vantage Point is highest bidder for bankrupt SKS Power. Reliance Industries, Adani Group, NTPC avoid aggressive offers for Chhattisgarh power company

Go First saga begins to hit passengers with flights diverted, cancelled. Three flights diverted from Mumbai eventually return after getting clearance to land

Indian Oil Corp plans green jet fuel plant worth bn to meet demand. The International Civil Aviation Organization last year adopted a target to cut emissions to net zero by 2050, and SAF has long been seen as the industry's fastest way to reduce emissions

SpiceJet plans to revive 25 planes as Go First files for bankruptcy. SpiceJet has 31 planes in 'storage', has mobilised around Rs 400 cr for getting them back in the air

Adani Wilmar reports 60% fall in net profit in Q4FY23, revenue up 7%. Adani Wilmar Q4 results: In the year ended March 31, 2023, the company's net profit fell 28% to Rs 582 crore as compared to Rs 804 crore in FY22

Air India pilots gets stern warning over license renewal, AEP delays. Air India has recently issued a stern warning to its pilots regarding the renewal of their licenses and Airport Entry Passes (AEP).

Multiples Alternate closes over 0 million for new private-equity fund. Founded in 2009, Multiples has an investment portfolio marked by companies like Delhivery, PVR Cinemas and Dream 11

Jagatjit Ind to invest Rs 210 cr to set up grain-based ethanol plant. Jagatjit Industries Ltd, which is into liquor business, will invest Rs 210 crore to set up a grain-based ethanol manufacturing plant in Punjab to encash rising demand of this green fuel for blending with petrol, a top company official said. Founded in 1944

MRF Q4 net profit up 86%, tyre maker announces dividend of Rs 169 apiece. Its consolidated revenue from operations rose 10 per cent to Rs 5,841.7 crore in Q4FY23

Go Airlines' lenders may meet on Wednesday to plan further course of action. As of April 30, the company had not defaulted on any of these dues, Go First said in a filing

Go First owner Wadia Group has no plans to sell its stake in airlines: CEO. BENGALURU (Reuters) -Go Airlines (India) Ltd owner Wadia Group is completely committed to the airline and had no plans to exit it, the airline's chief executive told Reuters in an interview on Wednesday.

Doing everything possible with utmost care for employees: Go First CEO. Go First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pratt & Whitney engine troubles and assured that the carrier is doing everything possible to navigate the situation with utmost care and concern for all staff.

PE firm Multiples closes its Fund IV, subscriptions worth 0 mn received. Multiples Fund IV brings together leading global institutional investors like CPPIB and IFC, local institutions like SBI and private insurance companies, and leading domestic family offices

'Tough times': Go First staff hopes airline survives, scouts for options. Some pilots of troubled airline have joined airlines in West Asia in recent weeks and others have approached IndiGo

Go First saga: The engine dispute at the heart of bankruptcy filing. (Reuters) - Cash-strapped Indian airline Go Airlines (India) Ltd, recently rebranded as Go First and previously as Go Air, filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of about half its fleet.

Godrej Properties sees 15% rise in FY24 bookings value after Q4 profit jump. The company expects bookings of 140 billion rupees for the current fiscal, higher than the 123.32 billion rupees in fiscal 2023, which beat its own forecast

Amazon, Samara Capital to shed 20% stake in More Retail before IPO. The Amazon-Samara combine has approached family offices and domestic capital investors for the deal, sources said

Zoom secures pan-Indian telecom licence for telephone services, enterprises. Web conference company Zoom Video Communications (ZVC) has secured a pan-India telecom licence that will enable it to offer telephone services as well to the enterprise customers, ZVC said on Wednesday. US-based Zoom has been offering voice and video confe

48% of businesses in India at low levels of digital maturity: Report. About 97 per cent of CIOs in India plan to accelerate their data-innovation journey in the next two years

CBI arrests ex-CMD of WAPCOS, his son in DA case; seizes Rs 38.38 cr. The Central Bureau of Investigation (CBI) on Wednesday arrested Rajinder Kumar Gupta, the former CMD of WAPCOS, and his son in a Disproportionate Assets case

PhonePe goes live with UPI LITE to enable low-value transactions. Feature enables faster, seamless transactions for low-value amounts of Rs 200 or less

NCLT to hear cash strapped Go First Airway's insolvency plea on May 4. The National Company Law Tribunal tribunal (NCLT) on Thursday will hear cash-strapped air carrier Go First's voluntary insolvency resolution plea. The petition for initiation of voluntary insolvency resolution proceedings was mentioned before the Delhi-ben

Tata group-owned Air India enters into an interline pact with Vistara. Tata group owned Air India on Wednesday announced entering into an interline pact with Vistara. An interline arrangement refers to a pact to issue and accept tickets for flights that are operated by the partner airline. When selling an interline ticket, th

TVS Emerald, Columbia Pacific to set up senior living project in Chennai. Joint venture project has a revenue potential of approximately Rs 175 crore

Titan Q4 net profit up 50% to Rs 734 crore, dividend of Rs 10 declared. The company's revenue from operations rose 335 during the period to Rs 9,704 crore

India-owned NTPC's installed capacity in Bangladesh reaches 72,304 MW. State-owned NTPC Ltd on Wednesday said its installed capacity at the group level has reached 72,304 MW-mark post addition of unit 1 of Maitree Super Thermal Power Plant (MSTPP) in Bangladesh. "NTPC Group has reached a significant milestone in the power sec

MRF Q4 net profit doubles to Rs 341 cr, declares Rs 169/share dividend. Company says it recorded growth in all product groups as increase in raw material prices continued

NTPC coal output from captive mines more than doubled to 2.75 mt in April. State-owned NTPC Ltd on Tuesday reported an over two-fold jump in production of coal from its captive mines at 2.75 million metric tonnes in April 2023. "NTPC recorded 2.75 million metric tonnes (MMT) of coal production during the month of April 2023 as co

UltraTech Cement stock down 1% on net profit decline in March quarter. Shares of UltraTech Cement fell by over 1 per cent on Tuesday after the company reported a 36.1 per cent decline in its consolidated net profit for the fourth quarter ended March 2023. The stock ended 1.30 per cent lower at Rs 7,456.05 on the BSE. During t

DCM Shriram Q4 results: Profit falls 54% as raw material, power costs surge. The company's consolidated net profit fell to 1.87 billion rupees (.8 million) compared to 4.01 billion rupees a year ago. Revenue from operations also fell marginally to 28.49 billion rupees

Spandana Sphoorty's net profit rises 268% to Rs 105 cr in March quarter. The overall assets under management stood at Rs 8,511 crore as of March 31, 2023, against Rs 6,581 crore in the year-ago period

DGCA issues show cause notice to Go First after airline cancel flights. Aviation regulator DGCA on Tuesday issued a show cause notice to Go First after the airline decided to cancel flights for two days amid a severe financial crunch. The crisis-hit airline has cancelled all their scheduled flights for May 3 and 4 "without any

Google launches 2nd edition of 'Startups Accelerator: Women Founders'. Google announced second edition of its 'Startups Accelerator: Women Founders' to enable women entrepreneurs in India who are using technology to solve complex problems

Tata Steel Q4 results: Consolidated net profit declines 83% to Rs 1,705 cr. The Tata Steel board has declared a dividend of Rs 3.60 per equity share

Apollo Micro Systems to subdivide its shares in 1:10 ratio on May 4. Apollo Micro Systems Ltd (AMSL), which provides technology-based solutions to infrastructure and transportation players, has fixed May 4 as the record date to split its shares in the ratio of 1:10. In a statement on Tuesday, the company announced its share

Q4 results: Adani Total Gas logs 21% rise in net profit over CNG sales. The company has pushed for an aggressive expansion of CNG stations at a time when piped natural gas volumes have dropped

Astrazeneca India to set up five centres for severe asthma management. AstraZeneca India on Tuesday said it will set up five centres across Delhi, Ahmedabad, Goa and Cochin to provide a systematic approach to standardised management of patients with severe asthma. The Centers of Excellence (COEs) would concentrate on specialt

DPIIT undertaking third-party assessment of Startup India seed fund scheme. The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking a third-party assessment of Startup India Seed Fund Scheme to see its impact on the ground, a senior government official said on Tuesday. The Rs 945-crore scheme was launche

Airtel to merge Sri Lanka ops with Dialog to make nation's largest telco. Merging operations with Dialog is expected to give Airtel access to a larger user base in island nation

Hindustan Zinc bids to buy assets from Vedanta Group for .98 billion. Hindustan Zinc proposal to buy certain zinc assets from Vedanta Group for .98 billion in cash has lapsed as the Indian miner did not get shareholders' approval within the stipulated time limit

Prudent to wait for judiciary to run its course on Go First, says Scindia. Civil Aviation Minister Jyotiraditya Scindia on Tuesday said it was unfortunate that the operational bottleneck related to engine supplies has dealt a blow to the airline's financial position. Against the backdrop of the airline filing an application for v

Tata Play, ideaForge Technology get Sebi's go ahead to float IPOs. Two companies -- Tata Play, formerly known as Tata Sky, and drone maker ideaForge Technology -- have received capital markets regulator Sebi's approval to raise funds through initial public offerings (IPOs). Tata Play, the first company in India to use the

Tata Play's confidentially filed IPO gets market regulator Sebi go-ahead. Following the issuance of the observation letter, Tata Play will now have to file an updated draft red herring prospectus (UDRHP-1) before it launches its IPO

NCLAT sets aside CCI penalty on ITC for not furnishing info on Savlon deal. The National Company Law Appellate Tribunal (NCLAT) has set aside the penalty imposed on multi-conglomerate ITC by fair trade regulator CCI for not notifying for the acquisition of brands 'Savlon' and 'Shower to Shower' in 2017. ITC had 2017 acquired the a

Newgen Software's PAT surges 37% to Rs 79 crore in Jan-Mar quarter. Digital transformation solutions provider Newgen Software Technologies on Tuesday reported a more than 37 per cent increase in its profit after tax to Rs 78.6 crore in the January-March quarter of FY23. The company had posted a profit after tax (PAT) of Rs

Godrej Consumer Products plans to raise Rs 5,000 crore via NCDs. Godrej Consumer Products Ltd (GCPL) on Tuesday said it has plans to raise Rs 5,000 crore from the market through the issuance of Non-Convertible Debentures (NCDs). The FMCG arm of the Godrej group, which is having a board meeting to approve its financial r

Adani group report: Petitioner opposes six-month extension to Sebi. Sebi, which was set to file a status report in the matter on May 2, asked top court to give it six more months to complete its probe into short-seller Hindenburg Research's allegations against Adani

Go First decides to cancel flights for three days starting Wednesday. Cash-strapped airline Go First has decided to cancel all its flights for three days starting from Wednesday, extending the suspension of operations by one more day, according to a communication. The airline, which has filed for voluntary insolvency resolut

Tata Steel Q4 net profit down 82% to Rs 1,704.86 crore but beats estimates. In Q4FY23, Tata Steel Europe reported an EBITDA loss of Rs 1,641 crore. In the previous quarter, EBITDA loss had stood at Rs 1,551 crore

Tata Steel flags risk to UK operations' status as a going concern. Discussions with the UK government on support for the transition had been on for almost three years now

Airtel Payments Bank partners NPCI to roll out face authentication for AePS. Airtel Payments Bank on Tuesday said it has collaborated with the National Payments Corporation of India (NPCI) to roll out face authentication for the Aadhaar-enabled Payment System at its 5 lakh banking points. Airtel Payments Bank is among the first fou

Fino Payments Bank's net profit jumps 25% to Rs 22.08 cr in March quarter. Fino Payments Bank on Tuesday reported a 25 per cent increase in its post-tax net profit for the March 2023 quarter at Rs 22.08 crore. The Navi Mumbai-headquartered company had posted a post-tax net profit of Rs 17.62 crore in the year-ago period. Its tota

CBI seizes Rs 20 cr in cash from premises of former CMD of WAPCOS Limited. Gupta was booked recently for amassing assets disproportionate to his known sources of income

Go First cancels flight amid bankruptcy: Know all about the refund process. The airline on its website said, "We regret to inform you that due to operational reasons, Go First flights scheduled for 3rd, 4th, and 5th May 2023 have been canceled"

IT employees union NITES urges Nasscom to act against job frauds. NITES in a letter to NASSCOM sai the increasing number of frauds and scams are targeting thousands of fresher's and experienced employees in the IT sector

Ola Electric clocks highest-ever sales of over 30,000 units in April. Ola is actively augmenting its offline presence through the establishment of numerous Ola Experience Centers (ECs) throughout India to accelerate the adoption of electric vehicles in the country

Punjab & Sind Bank Q4 results: Net profit jumps 32% to Rs 457 crore. The bank in its exchange filing on Tuesday mentioned that sequentially net profit of the bank jumped 23 per cent from Rs 373 crore reported in the October-December period

Latest stock market News for tomorrow Access previous news reports: 656657658659660661662663664665666667668669670671672673674

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NSE share market NEWS tomorrow (03 May, 2023). NSE stocks in NEWS (tomorrow)

 

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