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NSE share market NEWS tomorrow (27 April, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (27 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 April 2023

Glenmark Pharmaceuticals was amongst the top gainers, currently trading at 551.15 in NSE with 5.955 times change in volumes and 5.736% change in price. Other gainers included Idea Cellular with 5.344% price change and 1.878 times volumes, Tata Elxsi with 4.568% price change and 8.784 times volumes, Uno Minda with 4.517% price change and 1.483 times volumes, and Bse with 4.306% price change and 1.278 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.

Voltas was amongst the top losers, currently trading at 808.40 in NSE with 2.054 times change in volumes and -5.406% change in price. Other losers included Laurus Labs with -2.65% price change and 3.029 times volumes, Hdfc Stand with -2.587% price change and 1.915 times volumes, Godrej Consumer with -2.31% price change and 1.709 times volumes, and Ncc with -2.189% price change and 0.96 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.

Reliance Cap lenders to meet on Friday to take call on Hinduja Group bid. Lenders of debt ridden Reliance Capital (RCap) will meet on Friday to take a call on Hinduja Group firm's bid to acquire the financial services firm. IndusInd International Holdings Ltd (IIHL), a Hinduja Group firm, emerged as the highest bidder with an of

SpiceJet to appoint Arun Kashyap as Chief Operating Officer from June 12. No-frills carrier SpiceJet on Thursday announced the appointment of Arun Kashyap as its Chief Operating Officer. Kashyap will be rejoining SpiceJet from Air India where he is the Chief Technical Officer. Earlier, he had served as the Chief Program & Transf

Torrent Power incorporates two wholly-owned subsidiaries TU9, TU13. Torrent Power on Thursday said it has incorporated two wholly-owned subsidiaries -- Torrent Urja 9 Pvt Ltd (TU9) and Torrent Urja 13 Pvt Ltd (TU13) -- for carrying out business in the power sector including renewables. "Company has incorporated a WOS (whol

In a first, Softbank-backed OYO turns cash flow-positive in Q4FY23. The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs 800 crore in FY24

Lufthansa to start flights on Munich-Bangalore, Frankfurt-Hyderabad routes. To tap the post-Covid growth opportunities in the Indian aviation market, European airline major Lufthansa on Thursday said it will start flights on Munich-Bangalore and Frankfurt-Hyderabad routes this year. Lufthansa Group, which has been present in the I

Tata Steel signs business cooperation agreement with A&B Global Mining. Tata Steel on Thursday said it has signed an agreement with A&B Global Mining to harness new business development opportunities and deliver mine technical services. The steel major will closely work with ABGM India which will interface with their South Afr

Glenmark Life Sciences profit surges 48% on API boost in March quarter. Revenue from Glenmark Life Sciences's API business, which accounts for about 90% of total revenue, grew 15.5% from last year

IHCL net profit rises four-fold to Rs 339 crore in Q4, total income jumps. Hospitality major IHCL on Thursday reported a four-fold rise in its consolidated net profit in the fourth quarter ended March at Rs 338.84 crore, as against Rs 71.57 crore a year-ago. During the entire financial year of 2022-23, the company swung into a pr

State-owned NTPC arm gets 500 MW renewable energy project from REMCL. State-owned power giant NTPC on Thursday said its arm NTPC Renewable Energy Ltd (NTPCREL) has bagged a 500 MW renewable energy round-the-clock (RE-RTC) project. The work has been awarded by REMCL, which is a joint venture (JV) company of the Ministry of Ra

FMCG brand Dabur to make additional investment of Rs 9.68 bn in Nepal. After signing the MoU, Bedi expressed his happiness for investing a part of the company's accumulated capital in Nepal for capacity enhancement and diversification of products

Tata Group-backed Trent's Q4 revenue jumps as fashion demand rises. Consolidated net profit for the quarter stood at 541.6 million rupees. It posted a profit of 1.6 million rupees a year earlier

Axis Bank reports Rs 5,728-crore loss in Q4 on Citi biz acquisition. Barring the deal, Q4 net profit jumps 61% to Rs 6,625 crore

Easing bilateral rights will help Indian carriers: Lufthansa executive. In order for an airline to operate a scheduled flight between two countries, there must be a "bilateral air services agreement" in place

IRB Infrastructure bags Rs 7,400-crore Hyderabad Outer Ring Road project. It is India's second largest road monetisation asset

IRB Infrastructure bags 158 km-project in Hyderabad for Rs 7,380 cr. IRB Infrastructure Developers on Thursday said it has bagged 158 kilometre-long Hyderabad outer ring road project under the toll-operate-transfer model for Rs 7,380 crore. The Hyderabad Metropolitan Development Authority (HMDA) had invited global competiti

HUL Q4 results: Net profit rises 12.8% to Rs 2,600 crore, revenue up 10.5%. But volumes, top line, and operating performance below expectations

Pharma firm Ipca Labs' plant gets 3 observations from US drugs regulator. The observations were followed by the USFDA inspection at the site from April 18 to April 26

SBI raises 0 mn through bonds to fund offshore business growth. State Bank of India (SBI) on Thursday said it has raised USD 750 million through bonds to fund offshore business growth. The country's biggest lender has concluded the issue of USD 750 million senior unsecured fixed rate notes having maturity of 5 years an

Axis Bank reports Rs 5,361 cr loss in Q4 on Citi acquisition payout. Axis Bank reported a Rs 5,361 crore loss on a consolidated basis for the January-March period against a net profit of Rs 4,417 crore a year ago, impacted by the Rs 12,490 crore payout towards the Citi acquisition. On a standalone basis, the third largest p

Arihant Capital settle case with Sebi, pays Rs 17 lakh as settlement charge. Arihant Capital Markets has settled with Sebi a case pertaining to alleged violation of broker and intermediaries norms. Arihant Capital Markets paid over Rs 17 lakh as settlement charges to the regulator. The order came after Arihant Capital proposed to s

ACC net profit declines 41% to Rs 236 cr in January-March quarter. Cement maker ACC Ltd on Thursday reported a decline of 40.53 per cent in its consolidated net profit at Rs 235.66 crore for the quarter ended March 2023. The company had posted a profit of Rs 396.33 crore in the January-March quarter a year ago, said ACC,

Vice media cancels flagship show amid layoffs and company restructure. The news departments at Vice Media will be significantly impacted by the restructure

PNB to infuse Rs 72.82 cr in its Bhutan subsidiary Druk via rights issue. State-owned Punjab National Bank on Thursday said it proposed to infuse Rs 72.82 crore in its Bhutan subsidiary Druk PNB Bank Ltd via a rights issue. The board has approved participation in the proposed rights issue of Druk PNB Bank Ltd (DPNBL), an oversea

Shriram Finance consolidated net rises 18% to Rs 1,288 crore in Q4. The non-banking finance company's total assets under management stood at Rs 1.86 trillion by the end of March 31

Cloud storage giant Dropbox sacks 500 employees amid slowing growth. In January 2021, Dropbox had laid off 315 employees amid the Covid-19 pandemic

Long-range Airbus jets will put India within reach, says Wizz Air. Wizz Air has 47 of the long-range Airbus A321 XLR on order, with deliveries set to start sometime in 2024

Google took action against 3,500 personal loan apps in 2022 in India. Globally, Google prevented 1.43 million policy-violating apps from being published on Google Play

Razorpay joins hands with ONDC to offer payment reconciliation service. With this, the Tiger Global-backed firm has become the first payment gateway to launch a Payment Reconciliation Service for Network Participants like buyers, sellers, and logistic partners on ONDC

Airtel's 5G service reaches 3,000 cities, Jio 5G in 3089 urban areas. For easy transition from 4G to 5G, Airtel has tuned all the current Airtel 4G SIMS to be 5G compatible

ACC Q4 results: Profit falls 40% due to high energy costs, revenue up 8.1%. The revenue was up 8.1 per cent to Rs 4,790 crore year-on year basis. Total costs was Rs 4,510 crore , up 13.9 per cent due to high energy costs

Wipro Q4 profit declines 0.41% to Rs 3,074.5 cr, revenue rises 14.4%. Net profit for the full year FY23 dipped 7.16 per cent to Rs 11,366.50 crore

Need for business insurance leads to 'Policybazaar of Business' programme. Business Insurance penetration in India at merely 15%

Chola Fin raises Rs 1,000 crore through maiden public bond offering. The offering was oversubscribed 5.17 times the base issue (Rs 500 crore) on the final day of the issue

Co-living operator Settl. to double its bed strength to 5,000 by FY24-end. Settl. already has 7 operational co-living properties with approximately 700 beds in Gurugram

JTL Industries net profit doubles to Rs 36.65 cr in Jan-Mar quarter. Steel pipes maker JTL Industries Ltd has posted a Rs 36.65 crore consolidated net profit during the fourth quarter of financial year 2022-23, on account of higher income. At Rs 36.65 crore, the net profit was almost double of Rs 18.94 crore during the Janu

Coming Soon on JioCinema app: Hollywood content from Warner Bros, HBO. "It's a deep exclusive arrangement which will make JioCinema the house of Warner, HBO in India," said the report

VC firm Burda Investments may sue ex-Zilingo CEO Ankiti Bose: Details here. Burda has clarified that action against Ankiti Bose is a result of the joint decision by all investors and not led by any single investor as claimed by her

Swiggy partners 'Apna' to create 10K jobs for Instamart this year. Industry reports estimate that the delivery workforce will be around 23.5 million by 2029-30

Coforge Q4 net profit drops 45%; full year revenue crosses bn mark. Coforge said it expects full-year revenue growth of 13% to 16% in constant currency terms

Trials for Coal India's in-house e-auction platform to begin in May. Trials for Coal India's in-house e-auction platform will begin in May, a senior official said on Thursday. At present, the e-auctions are conducted through external agencies such as MSTC Ltd and mjunction Ltd. Within the next three-four months, all e-aucti

Godrej Consumer Products to acquire Raymond group's consumer business. FMCG Godrej Consumer Products Ltd (GCPL) is going to acquire the FMCG business from the diversified group Raymond, which includes Park Avenue and KamaSutra brands, industry sources said on Thursday. The deal will strengthen the portfolio of the Godrej Grou

IOCL petrol pumps to sell vehicle batteries in new marketing push. IOCL's 'tyre battery accessories' marketing concept aims to make its 36,000 pumps one stop shop for vehicle owners.

Razorpay launches payment reconciliation for buyers, sellers on ONDC. Razorpay is building its capabilities toward solving all things payments and business banking for over 10 million businesses, making it the go-to platform

After IPL, JioCinema now lands a deal to stream Warner Bros, HBO content. The content deal could bring in thousands of hours of streaming content onto JioCinema, which has become popular for streaming IPL for free

Hindustan Unilever's earnings margin shrinks after increased commodity cost. HUL shares fell about 2%, taking their total declines this year to nearly 4%

Swiggy partners with apna to hire 10,000 gig workers from tier 2, 3 cities. Online food delivery platform Swiggy has partnered with jobs and professional networking company apna to create 10,000 hyperlocal opportunities for its quick commerce grocery service -- Instamart -- in 2023. With this, the company is aiming to strengthen i

Bajaj Finserv net profit rises 31%, announces dividend of Rs 0.8 per share. Bajaj Finserv's total income during the quarter rose 25 per cent to Rs 18,862 crore as compared to Rs 23,625 crore last year

Suzlon bags order for 39-MW wind energy project from First Energy. Renewable energy solution provider Suzlon on Thursday announced that it has bagged a 39-MW wind power project from Thermax Group company First Energy. This order is part of a 100-MW wind-solar hybrid project by First Energy 5 Pvt Ltd, a company statement s

Axis Bank reports wider-than-expected Q4 loss on .41 bn Citi deal. Axis reported a loss of Rs 5,728 crore (0.1 million) for the three months ended March 31, compared to a profit of Rs 4,118 crore a year earlier

Tech Mahindra Q4 results: PAT drops 26% YoY, dividend at Rs 32/share. The company reported increase in revenue by 19.4 per cent

Wipro Q4 net profit dips 0.4% to Rs 3,074.5 crore; revenue rises 11.7%. The IT major also approved a share buyback for 2.69 crore shares at Rs 445 per share

Wipro to buy back Rs 12,000 cr worth of shares at 19% premium. IT services firm initiated a similar programme in 2020 worth Rs 9,500 crore

Godrej buys Raymond's consumer products business for Rs 2,825 cr. Business being sold along with the trademarks of Park Avenue, KamaSutra and Premium

Air India, Sabre Corporation sign multi-year deal for global travel access. This long-term global distribution partnership will support Air India's ambitious growth plans, said Air India's Chief Commercial & Transformation Officer

OYO turns cash flow positive for first time in March quarter: Reports. Hospitality tech firm OYO turned cash flow positive for the first time in the fourth quarter of FY2023. The company's Founder & Group CEO Ritesh Agarwal shared the update with OYO employees addressing a townhall virtually on Thursday, sources told PTI. The

Vedanta chief makes zero debt pledge, says very comfortable servicing debt. Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt repayment obligations and that it aims to become a "net zero debt company" in 2-3 years. Agarwal said questions over Vedanta's debt servicing ability are "abso

Vibrant Energy appoints Anirban Das as its Chief Investment Officer. Renewable energy solutions provider Vibrant Energy on Thursday announced the appointment of Anirban Das as its Chief Investment Officer. Vibrant Energy has announced the appointment of Anirban Das as the Chief Investment Officer (CIO) of the company, a sta

LTIMindtree Q4 results: PAT up 0.5% YoY, dividend at Rs 40 per share. Revenue up by 11.9% Y-o-Y at Rs 8,691 cr

Thanks to funding crunch, India has not seen a new unicorn in over 6 months. This is the longest drought since August 2016 when it took 17 months for India to come up with a new unicorn

Reliance Consumer, udaan partners for distribution of Campa beverages. B2B e-commerce company udaan on Thursday said it has entered into a partnership with Reliance Consumer Products for pan-India distribution of beverage brand Campa's range of products. RCPL's (Reliance Consumer Products Ltd) range of Campa beverages will be

IT firm Coforge FY23 revenue up 24.6% at Rs 8,014.6 cr, profit grows 4.6%. Noida-based company's board recommended an interim dividend of Rs 19 per share

Co-living operator Settl. to open 4 new centres in Gurugram by next month. Co-living operator Settl. will soon open four new centres, with a total capacity of about 300 beds, in Gurugram to cater to the rising demand of rental accommodations from working professionals. Settl. already has seven operational co-living properties wit

Ice-cream brand Baskin Robbins looks at 20% growth in India in FY24. Premium ice-cream brand Baskin Robbins is looking at a 20 per cent growth in India in the 2023-24 financial year, a company official said. Mohit Khattar, the CEO of Graviss Foods, which is the master franchise for Baskin Robbins in South Asia, said the com

Amazon lays off employees in Cloud computing, HR units in fresh wave. The layoffs are part of the previously announced job cuts that would affect 9,000 employees. In the first job cut round, Amazon slashed approximately 18,000 roles

Tech Mahindra Q4 net profit down 27% YoY as clients cut spending. Attrition for quarter reduces to 15% from 24% last year, says company

Embassy REIT clocks 11% growth in net income, declares Rs 2,058 cr dividend. Embassy Office Parks REIT on Thursday reported an 11 per cent increase in its net operating income at Rs 2,766.3 crore during the last fiscal year and declared distribution of Rs 2,057.9 crore dividend to unitholders. Its net operating income stood at Rs 2

Domino's Pizza beats quarterly sales estimate on price hikes, steady demand. Shares of the company rose about 5% in premarket trade

Caterpillar's Q1 profit rises by 31% on resilient demand, higher prices. The company reported adjusted profit of .91 per share, beating Refinitiv analysts consensus of .78 per share

Harley sees 37% rise in profit boosted by higher demand for popular bikes. The manufacturer also benefited from pent-up demand as COVID-exhausted Americans were eager to hit the roads on cars and motorcycles

HCLTech wins digital transformation deal from Heubach Group. HCLTech will deliver an IT system for Heubach Group across 11 countries to include deployment of hybrid cloud, cybersecurity solutions, and end-user services and secure networks

UTI AMC reports 60% jump in Q4 net profit to Rs 86 cr on lower expenses. The revenue from operations remained flat at Rs 301 crore for the quarter under review

KPIT Technologies Q4FY23 net profit up 41.5% on recent mega deal wins. The total Contract Value of new deals won during Q4 FY23 stands at 3 million

Consumer lending platform Niro raises Series A funding of Rs 90 crore. Niro aims to empower consumer internet platforms to become providers of credit (and other financial) products for their consumers

Mankind Pharma's initial public offering subscribed 87% on day 2 of issue. Mankind Pharma on Monday allotted shares worth Rs 1,298 crore to 77 anchor investors including 16 domestic mutual funds that participated through 41 schemes

Green hydrogen firm Ohmium closes 0 million Series C fundraise. The funding will be used to support Ohmium's expansion to 2 GW in annual manufacturing capacity and the deployment of projects for the company's growing global customer pipeline in key regions

Abbott recalls a batch of thyroid disorder drug for labelling error. Thyronorm has no quality issue, mislabeled batch was invoiced in Madhya Pradesh and Telangana: Company

NCPCR asks Bournvita manufacturer to remove 'misleadings ads', sends notice. Commission says it is acting after complaint against the Indian arm of USA's Mondelez

HDFC Life Q4 net profit flat at Rs 358.6 crore; net premium rises 36%. The first year premium during the first quarter was Rs 4467 crore as compared to Rs 2575 crore - an increase of 73.5%

Maruti Q4 net profit jumps 42% to Rs 2,670 cr, plans to set up a new plant. New plant to add capacity of 1 million units

Maruti Suzuki to boost capacity to keep up with passenger vehicle demand. Indians bought a record 4 million passenger vehicles in fiscal year 2022-23, led by demand for sports utility vehicles

Kia India exports cross 200,000 unit mark in FY23, robust demand continues. Automaker Kia India on Wednesday said it crossed 2 lakh export milestone in FY23 and continues to see robust demand from various regions like the Middle East and Mexico. The company said it has shipped cars to around 95 countries till date. Kia said Seltos

SBI Life Q4 Results: Profit rises 15%, new business premiums rose 27%. The net premium income for the reporting quarter jumped 14% to Rs 19,897 crore as against Rs 17,434 in the year-ago period

Infosys partners with Walmart Commerce Technologies to help retailers. Indian IT services company Infosys on Wednesday said it has joined hands with Walmart Commerce Technologies to help retailers harness technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use

Avaada Ventures secures .07 billion funding for expansion plans. Avaada Ventures recently signed a memorandum of understanding with the Rajasthan government worth Rs 40,000 crore for setting up a green ammonia manufacturing plant

Don't see growth in small car segment in this fiscal year: R C Bhargava. With rising commodity prices and increasing inflation, the cost of acquisition for small cars has increased significantly during the last few years

Bajaj Finance Q4 net up 30% to Rs 3,158 cr on robust net interest income. For FY23, the non-banking finance company posted 64 per cent YoY growth in a net profit at Rs 11,508 crore in FY23 compared to Rs 7,028 crore in FY22

Syngene International's PAT rises 21% at Rs 179 cr in March quarter. Contract manufacturing services firm Syngene International on Wednesday said its profit after tax rose 21 per cent to Rs 179 crore during the March quarter. The Bengaluru-based firm had reported a Profit After Tax (PAT) of Rs 148 crore in the year-ago peri

Voltas Q4 profit slumps 21% on provisions over contract terminations. Voltas, which competes with Blue Star, made provisions of 2.44 billion rupees during the quarter due to the termination of some contracts in Dubai and Qatar last year

L&T Tech Services sees 20% FY24 revenue growth, posts profit beat in Q4. In Q4FY23, the company won a -million deal and three -million-plus TCV deals

Indus Towers' net profit declines 23% to Rs 1,399 cr in March quarter. Telecom infrastructure company Indus Towers on Wednesday reported a 23 per cent drop in consolidated net profit of Rs 1,399 crore for the fourth quarter ended March 2023. The net profit was Rs 1,829 crore in the year-ago period. Seen on a full-year basis,

Shoppers Stop's consolidated net profit at Rs 14.26 cr in March quarter. Retail chain Shoppers Stop Ltd on Wednesday reported a consolidated net profit of Rs 14.26 crore for the fourth quarter ended March 31, 2023. The company had posted a net loss of Rs 15 crore for January-March period a year ago, Shoppers Stop said in a regu

Patent applications grow 13.6% in FY22, highest in a decade: Nasscom report. Report titled 'Unpacking India's IP Ecosystem for an Innovation-led future' says rapid growth in emerging technologies is driving innovation and emergence of new solutions across several industries

Bourses approves transfer of NCDs from HDFC Ltd to Bank as part of merger. HDFC Ltd on Wednesday said both stock exchanges BSE and NSE have approved the transfer of NCDs from the mortgage firm to HDFC Bank as part of the amalgamation process. BSE and NSE vide their letters dated April 26, 2023, granted their in-principle approval

MG Motor unveils India's cheapest e-car Comet EV starting from Rs 7.98 lakh. The two-door Comet EV offers a range of 230 kilometers on a single charge, while Tata's four-door Tiago EV has a range of 250-315 km

Indus Towers Q4 net profit dips 23% to Rs 1,399 cr on drop in revenue. Net profit for the quarter stood at Rs 1399 crore compared to Rs 1829 crore in the same period last year

S&P Global Ratings upgrades Tata Power to 'BB+' with stable outlook. S&P Global Ratings has upgraded its rating on Tata Power to 'BB+' with a stable outlook. "S&P Global Ratings has upgraded its rating by one notch on the company to BB+ rating with a stable outlook from BB with a stable outlook," Tata Power said in a regula

Reliance General to accept e-Rupee through Yes Bank for premium payments. Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India's (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has tied up with Yes Bank t

Pencilmaker Doms Industries looks to go public to raise 0 million. RR Group launched the stationary brand Doms in 2006 and later consolidated its operations based in Umbergaon and renamed as Doms

ICICI Pru refutes GST dept contention of tax liability due to ITC claims. ICICI Prudential Life Insurance on Wednesday said it has refuted the contention of the GST department with regard to tax liability due to input tax credit (ITC) claims. In a filing to stock exchanges, ICICI Prudential Life said it had last fiscal received

UTI AMC's profit after tax soars 59% to Rs 86 cr in March quarter. UTI Asset Management Company (AMC) on Wednesday reported 59 per cent jump in profit after tax (PAT) at Rs 86 crore for the three months ended March 2023. In comparison, the company posted a PAT of Rs 54 crore for the same quarter a year ago, UTI AMC said i

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