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NSE share market NEWS tomorrow (02 May, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 May, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 May 2023

Rail Vikas was amongst the top gainers, currently trading at 118.30 in NSE with 0.846 times change in volumes and 9.995% change in price. Other gainers included Bond 8 with 5.669% price change and 2.162 times volumes, 8 20 with 5.392% price change and 3.189 times volumes, Abb Power with 4.239% price change and 6.773 times volumes, and Bharat Heavy with 4.082% price change and 2.498 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.

Rbl Bank was amongst the top losers, currently trading at 154.60 in NSE with 1.847 times change in volumes and -4.45% change in price. Other losers included Kfin Technologies with -4.092% price change and 2.192 times volumes, Glenmark Pharmaceuticals with -3.47% price change and 0.314 times volumes, Iifl Holdings with -2.668% price change and 0.782 times volumes, and Delhivery with -2.618% price change and 1.926 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.

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

NMDC in talks with Australia's Hancock for lithium mining: Report. Separately, NMDC is working on plans to export low-grade iron ore to China, the report said

EV financing platform Ohm raises Rs 3 cr in funding led by Antler India. Company will use the money on technology platform connecting EV players and financial institutions

Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split. Varun Beverages approved a share split of its existing shares in a ratio of 1:2 to boost its liquidity and make its stock "more attractive" to small investors

Zypp Electric plans to deploy 10,000 e-scooters in Bengaluru under 2 months. Electric mobility startup Zypp Electric on Tuesday announced its plan to deploy as many as 10,000 electric scooters in Bengaluru and said 2,000 e-scooters are already on roads. The remaining 8,000 of these vehicles will be deployed over the next two months

Lohum collaborates with ACKO to recycle, reuse lithium batteries for EVs. Lithium-ion battery recycler Lohum on Tuesday said it has joined hands with ACKO to recycle and reuse batteries. The partnership, which is expected to accelerate the adoption of electric vehicles in the country, will help optimise the battery insurance and

Adani Green Energy reports EBITDA in FY23 of Rs 5,538 cr up by 57% YoY. The sale of energy has increased by 58 per cent YoY to 14,880 mn units in FY23

Ramdas Athawale 'adopts' 5 year old leopard in Mumbai's SGNP. Wildlife lover and Union Minister of State Ramdas Athawale adopted a five-year-old leopard at the Sanjay Gandhi National Park, here on Tuesday

Retail tech firm Ace Turtle raises Rs 293 cr from Vertex, others. Start-up will use the funds to recruit talent and for business growth

Flipkart launches new 400,000 sq ft fulfilment centre in Telangana. Fulfilment centres allow e-commerce companies to outsource warehousing and shipping

Max moves HC against Quality Care, Evercare over hospital chain buyout. Breach of contract alleged in an offer to acquire Hyderabad-based Care Hospitals

Chipmaker MediaTek partners with Lava to power 5G smartphones in India. Chip-maker MediaTek on Tuesday launched a new chipset 'Dimensity 7050' to power next-gen 5G smartphones in India

IT major TCS advances generation of income tax Form 16 documents by 45 days. India's largest private sector employer, TCS, has advanced the generation of Form 16 documents for its staff by 45 days to help its over 6 lakh employees file their income tax returns in time. The forms were issued by April 27 and all the present and past

E-commerce giant Flipkart opens 4 lakh sqft fulfillment centre in Telangana. E-commerce giant Flipkart on Tuesday launched a new fulfillment centre (FC) at Sangareddy in Telangana about 60 km from here. The new fulfillment centre was inaugurated virtually by KT Rama Rao, Minister for IT and Industries in the presence of Jayesh Ranj

NPCIL-NTPC joint venture to build 4,200 MW of nuclear power project. As per the earlier agreement signed on 27.4.2010, the equity holding pattern in Anushakti Vidhyut was to be 51% for NPCIL and 49% for NTPC

Adani Total Gas Q4 net profit up 20.7%, declares dividend of Rs 0.25/apiece. The company's revenue from operations rose 12.3 per cent YoY to Rs 1,197.31 crore in the quarter ended March 31

Daimler India rolls out BharatBenz Simulated Driver trainer initiative. Daimler India, the subsidiary of Stuttgart-based truck maker Daimler has rolled out 'BharatBenz Simulated driver trainer' initiative aimed at enhancing driving skills and adapting drivers to digital technology, the company said on Tuesday. Daimler India pr

Foodtech start-up Pluckk acquires DIY meal kit company KOOK. Pluckk says acquisition strategic move to tap growth potential of meal kit market

Go First stops taking flight bookings for May 3 and 4 amid cash crunch. More than half of its aircraft fleet is grounded due to delay in engine supply by Pratt and Whitney

Fintech firm BharatPe acquires controlling stake in NBFC Trillion Loans. BharatPe said it has also infused a substantial amount of investment into Trillion Loans to enable the NBFC to grow its loan book

IFFCO's net profit increases by 62% to record Rs 3,053 cr last fiscal. Cooperative major IFFCO, which sells conventional granular as well as nano (liquid) fertilisers, has reported 62 per cent increase in net profit to record Rs 3,052.73 crore for the last fiscal year on better income. Its profit stood at Rs 1,883.77 crore in

USFDA puts on hold Sun Pharma trials on dermatological drug regimen. The US health regulator has directed Sun Pharma to stop trials of a dermatological drug with a 12 mg dose regimen as its usage could lead to blood clots. The drug major on Tuesday said it had a teleconference call with the US Food and Drug Administration (

Delhi most forgetful, phones most likely to be left behind: Uber's index. Commuters are most likely to forget their belongings in Ubers on Saturdays

UCO Bank Q4 net profit rises 86% to Rs 581.24 cr, NPA down to 4.78%. The loan Book of UCO Bank also reached its highest-ever level of Rs 11.6 trillion against a loan book of Rs 12.9 trillion last year

Punjab & Sind Bank's Q4 net profit up 32%, gross NPAs down to 6.97%. In FY23, the net profit was up 26.3 per cent to Rs 1,313.03 crore

CPCL MD Arvind Kumar among 10 in race for Indian Oil Corporation's top job. Chennai Petroleum Corporation Ltd (CPCL) managing director Arvind Kumar is among 10 in the race to become the next chairman of India's largest oil company Indian Oil Corporation (IOC). Kumar and nine others have been called for an interview by the governme

S&P Global unveils enhanced employee benefits with 'People First 9.0'. S&P Global on Tuesday launched "People First 9.0", the latest iteration of its enhanced global benefits policy across all its markets, including India.

Google pays entire Rs 1,338 crore penalty to CCI in Android case. Google has paid the entire penalty amount of Rs 1,337.76 crore imposed by the Competition Commission of India (CCI) in the Android case

Ambuja Cements Q4 net profit up 1.61%, declares dividend of Rs 2.5 apiece. The revenue from operations jumped 8.39 per cent to Rs 4,256.31 crore in the quarter

Airtel signs binding term sheet to merge Sri Lanka ops with Dialog Axiata. Airtel would accordingly be issued new shares in Dialog upon completion of the transaction

Pfizer beats profit estimates as new drugs offset Covid products slump. Pfizer expects 2023 to be a "transition year" for its Covid products, before potential returning to growth in 2024

Lyft's new CEO David Risher tackles a job requiring some heavy lifting. Even before he joined Lyft's board in 2021, David Risher had taken hundreds of trips as a passenger so he felt like he knew a lot about the ride-hailing service. But he never expected to be thrust into the driver's seat at a time when Lyft was running like

Uber confident on profit as ride-sharing makes strong start to 2023. Uber is benefiting from its dominant position in key global markets as travel rebounds from a pandemic-induced lull

NMDC's iron ore production rises 11.42% to 3.51 mn tonnes in April. State-owned NMDC Ltd on Tuesday reported an 11.42 per cent rise in its iron ore production of 3.51 million tonne (MT) in April 2023. It produced 3.15 MT of iron ore in the same month last year, NMDC said in a BSE filing. Last month, the company's sales ros

BharatPe acquires majority stake in Mumbai-based NBFC Trillion Loans. Company that provides loans to small businesses will operate as independent entity

Go First Airways files for insolvency, blames Pratt & Whitney engines. The insolvency filing marks the first major airline collapse in the country since Jet Airways filed for bankruptcy in 2019, and underscores the fierce competition in the sector

Adani Green Energy net profit surges 142% to Rs 1,365 crore in Q4. AGEL said it has signed PPAs for 450 MW wind projects and 650 MW solar projects with SECI in FY23 further strengthening the firm project pipeline

IBM to pause hiring for jobs that AI could do, says CEO Arvind Krishna. Hiring in back-office functions - such as human resources - will be suspended or slowed, Krishna said in an interview

Adani focuses on energy as green unit's net income quadruples in 3 months. Adani Green Energy Ltd., India's top renewables company, saw net income in the three months through March more than quadruple to 5.07 billion rupees ( million)

Hero Electric denies receiving ministry letter for subsidy recovery. Rs 500 cr held up with government as unpaid subsidy, says company about electric two-wheeler manufacturing

Tata Motors domestic sales fall 4% in April, passenger vehicle sales up 13%. The sales of commercial vehicles fell sharply by 27% to 22,492 units in April this year. It was 30,838 last year

MakeMyTrip, Europamundo collaborates for intl' holiday packages in India. Digital travel firm MakeMyTrip on Monday said it has partnered with Europamundo, a leading global player in tourism and travel industry, for bringing the latter's international holiday packages in India online. With this partnership, over 600 new itinerari

Air India sends stern email to pilots to address delay in licence renewal. Air India has sent out a strongly worded email, including a directive of disciplinary and monetary action against its pilots, in case of delay in licence renewal or Airport Entry Pass (AEP)

Hyundai Motor's total sales rise by 3.5% to 58,201 units in April. Hyundai Motor India on Monday said its total sales increased by 3.5 per cent to 58,201 units in April. The automaker had dispatched 56,201 units in April 2022. The company's domestic wholesales last month rose by 13 per cent to 49,701 units as compared wit

Brookfield buys 51% stake in Bharti Enterprises' 4 commercial properties. Global investment firm Brookfield has closed a deal to acquire a 51 per cent stake in Bharti Enterprises' four commercial properties, including Worldmark at Aerocity in the national capital, at an enterprise value of Rs 5,000 crore. In a statement, Bharti

Rail Vikas Nigam Limited receives the status of Navratna from Centre. With RVNL, India now has 15 Navratnas including names like Hindustan Aeronautics Ltd, Bharat Electronic Ltd and Oil India Ltd

IAMAI promoting anti-Indian, pro-foreign Big Tech views: MayMy India CEO. Rohan Verma, CEO & Executive Director, MapmyIndia, on Monday slammed the Internet and Mobile Association of India (IAMAI) for parroting and promoting views that are "anti-Indian and pro-foreign Big Tech".

Timeline: Road to First Republic Bank's collapse; to be sold to JPMorgan. Last week, First Republic reported a more than 0 billion plunge in deposits in the first quarter that sparked a brutal sell-off in the lender's shares

JPMorgan's health care venture arm makes fertility bet in mn deal. The investment comes after a March fund-raise where Kindbody secured 0 million from Perceptive Advisors in a deal that valued the company at .8 billion

Big plans lined up for start-ups under 'iStart Rajasthan' initiative. Rajasthan has around 3,490 registered start-ups, including 795 in rural areas

Maruti Suzuki expects recovery in semiconductor chip shortage in Q2. BENGALURU (Reuters) - Maruti Suzuki India Ltd expects some recovery in chip shortages in the second quarter, an executive at the country's top carmaker said on Monday.

RIL-bp sets per mmBtu as opening price for gas auction from KG-D6 block. Reliance Industries Ltd and its partner bp of the UK have offered for auction 6 million standard cubic metres per day of more gas from their KG-D6 block as the partners bring the deepest field in the block to production. The two partners will on May 19 e-a

Brookfield, Bharti enter commercial real estate JV worth Rs 5,000 cr. Brookfield Asset Management says deal marks its commitment to build 'future-ready office environments' in India

Companies should take care of their employees: Vedanta Chairman on layoffs. Vedanta Chairman Anil Agarwal shared his views on LinkedIn, saying the companies should take care of their employees as they will only take care of their business

Eicher Motors' CV arm posts sales uptick of 18.9% to 6,567 units in April. Eicher Motors Ltd on Monday said its arm VE Commercial Vehicles Ltd posted an 18.9 per cent growth in total sales at 6,567 units in April 2023. VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 5,525 units in Apr

Bharti Airtel, Bridgepointe Technologies launch new strategic partnership. The partnership will enable US enterprises interested in expanding to India and Africa to leverage Airtel's digital infrastructure solution

IFL Enterprises Limited secures export orders worth .16 million. IFL Enterprises Ltd secured export orders worth USD 8.16 million Approx. Rs. 67 crore

NTPC, NPCIL sign agreement for joint development of nuclear power plants. Joint Venture company to develop Chutka Madhya Pradesh Atomic Power Project of 2x700 MW and Mahi Banswara Rajasthan Atomic Power Project of 4x700 MW

Pernod Ricard India appoints Jean Touboul as MD with effect from May 1. Touboul leads the India operations of Pernod Ricard after serving as the managing director of Pernod Ricard South-East Asia entity, based in Singapore

Overall job demand in IT sector falls 5% yearly in April, says report. White-collar job demand in April declined by 5 per cent compared to the same month last year with 2,715 job postings following a correction in hiring in the IT sector, a report said on Monday. Overall job postings on Naukri.com platform stood at 2,863 duri

Sunlit Power to invest Rs 100 cr in battery production facility in 2 years. Batteries maker Sunlit Power on Monday announced plans to invest Rs 100 crore over the next two years to set up an automated manufacturing facility in Pune. The company, the maker of ARENQ brand of batteries, also said it plans to expand its presence acros

HPCL, BPCL get new directors for their human resource department: Report. State-owned Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) on Monday got new directors for human resources, the two companies said. While K S Shetty took over as Director (Human Resources) of HPCL, Raj Kumar Dubey to

Adani-owned NDTV profit plunges about 98% on weak advertising demand. NDTV reported a consolidated net profit of 5.9 million rupees (,206.58) for the quarter ended March 31, compared with 241.6 million rupees a year earlier

EdTech startup Byju's seeks to reassure workers after office raid. More than 70 investors have invested in Byju's and they have conducted thorough due diligence, he said. "We are confident that the authorities will also come to the same conclusion," he added

Airlines carried 9,593 more domestic fliers per day in April, shows data. International air passenger traffic down 1% ahead of May tourist season

Motorcycle maker Royal Enfield sales grow 18% to 73,136 units in April. Motorcycle maker Royal Enfield on Monday reported an 18 per cent growth in total sales at 73,136 units in April 2023 compared to 62,155 units in the same month last year. Domestic sales grew 28 per cent to 68,881 units from 53,852 units in the year-ago mon

TVS Motor sees highest domestic growth among major two-wheeler makers. Entry-level two-wheelers saw a muted growth for the last several quarters due to factors such as inflation and high acquisition cost

TVS Motor's total sales sees 4% YoY uptick to 3.06 lakh units in April. TVS Motor Company on Monday reported a 4 per cent rise in total sales to 3,06,224 units in April 2023 compared to 2,95,308 units in the same month last year. Total two-wheeler sales grew by 5 per cent to 2,94,786 units last month as against 2,80,022 units

Hero MotoCorp's sales decline by 5% YoY to 396,107 units in April. Hero MotoCorp on Monday said its total wholesales declined 5 per cent year on year to 3,96,107 units in April. The country's largest two-wheeler maker had dispatched 4,18,622 units in the year-ago period. Domestic sales declined to 3,86,184 units from 3,9

Mobikwik turns profitable in March quarter, expects to double revenue. Fintech platform Mobikwik turned profitable in the March quarter and expects to almost double revenue to over Rs 1,000 crore in the current fiscal along with full-year profitability, the company's co-founder Upasana Taku said. The company closed the 2022-2

Adani Green Energy net profit up 4-fold to Rs 507 cr in March quarter. Adani Green Energy on Monday posted a four-fold rise in its consolidated net profit to Rs 507 crore in the March quarter compared to the year-ago period mainly on the back of higher revenues. The consolidated net profit of the company was Rs 121 crore in

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