NSE share market NEWS tomorrow (25 April, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (25 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 April 2023
Rail Vikas was amongst the top gainers, currently trading at 104.60 in NSE with 2.14 times change in volumes and 19.202% change in price. Other gainers included Bse with 8.025% price change and 8.895 times volumes, Adani Green with 4.966% price change and 1.595 times volumes, Bond 8 with 4.23% price change and 1.44 times volumes, and 8 20 with 4.06% price change and 1.277 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.
Crompton Gr was amongst the top losers, currently trading at 259.45 in NSE with 17.827 times change in volumes and -11.827% change in price. Other losers included Hdfc Stand with -3.251% price change and 0.285 times volumes, Godrej Consumer with -2.668% price change and 1.241 times volumes, Pg Electroplast with -2.528% price change and 2.578 times volumes, and One 97 with -2.38% price change and 1.315 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.
What is ESG, how is it supporting companies' efforts toward sustainability. From the role and need to challenges faced by Indian companies in its implementation and criticism around it, here is a lowdown on what is ESG
Tata Consumer Products Q4 results: Net profit rises 23% to Rs 269 crore. The company, which owns the eponymous Tata Tea and Tata Salt brands, said its consolidated net profit rose 23% to Rs 269 crore (.85 million) in the quarter ended March 31.
Cement maker Dalmia's Q4 profit more than doubles on low fuel costs. Consolidated net profit rose to Rs 589 crore (.90 million) in the quarter ended March 31 from Rs 266 crore a year earlier
Mahindra CIE Q4 profit rises 73% rise on robust domestic, European demand. The revenue from the India segment rose 13.3% to Rs 1,468 crore
Ed-tech firm Simplilearn plans acquisitions, expansion amid funding winter. Blackstone-backed company plans 40% growth in FY24 to turn profitable, says senior executive
Tata Group's IHCL debuts in Ayodhya, signs deal to build 2 luxury hotels. With the addition of these two, IHCL will have 19 hotels across Taj, SeleQtions, Vivanta, and Ginger brands across Uttar Pradesh including nine others that are currently under development
Delhi HC quashes Google's plea over urgent hearing against CCI order. The Delhi High Court on Tuesday refused to grant an urgent hearing to Google on its challenge to a single-judge bench order asking the Competition Commission of India (CCI) to consider a plea of the Alliance of Digital India Foundation (ADIF) against the t
Ireda posts all-time high net profit of Rs 865 cr in 2022-23 fiscal. State-owned Indian Renewable Energy Development Agency (IREDA) on Tuesday posted an all-time high net profit or profit after tax at Rs 865 crore in 2022-23 fiscal year on lower bad loans at 1.66 per cent. IREDA, a renewable energy funding company, has repo
Mankind Pharma's Rs 4,326-crore IPO: Issue subscribed 14% on Day 1. The company's IPO closed on Thursday
Mahindra to fully utilise production capacity of CVs in 2-3.5 tonne range. Mahindra & Mahindra on Tuesday said it is looking to fully utilise its production capacity of commercial vehicles in the 2-3.5 tonne payload category in the current fiscal. The company may also look at adding some additional capacity as per the market situ
Mahindra & Mahindra to increase LCV production capacity as demand rises. As per the SIAM data, M&M's domestic sales of LCVs in this segment reached 198,121 units in 2022-23, indicating that production capacity is almost fully utilized
PepsiCo raises annual forecasts on back of buoyant demand, price hikes. Global consumer goods companies have raised prices to battle sky-rocketing costs of everything from aluminum cans to labor and shipping since the supply-chain disruptions during the pandemic
After debt resolution, Essar Oil lines up Rs 1,200-crore capex. Post implementation of its resolution plan in December 2022, the company has been making debt repayments for the last two quarters ended March 2023
Serum Institute of India doubles Biocon investment to 0 million. The earlier investment by SILS in BBL was at a valuation of .9 billion, and the fresh 0-million investment pushes it up at billion
JK Tyre develops tyre with 80% sustainable and recycled materials. JK Tyre & Industries on Tuesday said it has developed a passenger car radial tyre with 80 per cent sustainable, recycled and renewable material. The company said the tyre has been developed based on a decade long research and will deliver performance compa
Over 1,500 pilots of Tata Group-run airlines seek Ratan Tata's help. The pilots feel that their concerns are not being heard or addressed by the current HR team
Tata Starbucks revenue crosses the Rs 1,000 crore mark in FY23. During the January-March quarter, Tata Starbucks recorded a revenue growth of 48 per cent
Bajaj Auto Q4 results: Revenue up 12%; PAT dips 2% to Rs 1,433 crore. 'Export demand sluggishness may have bottomed out'
NCLAT to hear Yamuna e-way authority's plea on compensation for farmers. Insolvency appellate tribunal NCLAT on Tuesday said it will hear the plea of Yamuna Expressway Industrial Development Authority (YEIDA), which challenged the NCLT's order to approve Suraksha Group's bid to acquire debt-ridden Jaypee Infratech. However, the
Rallis India posts Rs 69.13 crore loss in Q4, revenue from operations rise. Rallis India, a subsidiary of Tata Chemicals, on Tuesday reported a loss of Rs 69.13 crore during the quarter ending March 31. The company had reported a loss of Rs 14.13 crore during the corresponding quarter of 2021-22, Rallis India said in a regulatory
IHCL inks 2nd Taj in Kerala's Kochi; brand clocks 100 hotels in India. Indian Hotels Company (IHCL) on Tuesday announced that it has signed its second Taj Hotel in Kochi, Kerala. The Taj brand, which was established in 1903, has clocked a century with the addition of this 211-key property, IHCL said in a statement. "This is a
HDFC AMC Q4FY23 results: Net profit rises 10% YoY to Rs 376 crore. The growth in profits and revenue come on the back of a 4 per cent rise in the average assets managed by the AMC
Nippon AMC Q4 results: Consolidated net profit rises 13% to Rs 198 crore. Revenues from operations rose 3 per cent during the quarter to Rs 348 crore
Mahindra Lifespace's Q4 net profit plunges 99.6% to Rs 0.54 crore. Realty firm Mahindra Lifespace Developers Ltd on Tuesday reported a 99.6 per cent decline in its consolidated net profit at Rs 0.54 crore in the quarter ended March. Its net profit stood at Rs 137.66 crore in the year-ago period. Total income rose to Rs 27
PepsiCo reports 'double-digit organic revenue growth' in March qtr in India. Global food and beverages major PepsiCo on Tuesday said its Indian unit delivered a "double-digit organic revenue growth" in the first quarter of 2023. It has reported a double-digit growth in the beverage unit volume in the Indian market, PepsiCo said in
Glenmark to pay .5 million to settle lawsuits over a product in US. Three plaintiff groups collectively representing all of the claims against the company and Merck are referred to as the Direct Purchaser Plaintiffs, the Retailer Plaintiffs, and the End-Payor Plaintif
AU Small Finance Bank reports net profit of Rs 425 crore in Q4. Net interest income - the difference between interest earned and interest expanded - was Rs 1213 crore for the Q4, up 30% from the same period of the previous financial year
Tata Consumer Products net profit rises 23.5% in January-March quarter. Its revenue was up 14 per cent at 3,618.7 crore during the quarter mainly driven by underlying growth of 15 per cent in India business
Welspun One, GRT Group ink Rs 700 crore deal for Tamil Nadu project. The projects are being developed by Welspun as part of the memorandum of understanding with the Tamil Nadu government to invest around Rs 2500 crores in the state
Serum Institute to double its investment in Biocon's unit to 0 million. SILS will now make an additional equity investment of 0 million through the conversion of an earlier loan provided to Biocon Pharma into equity in BBL
Google, Meta, other Big Tech cos face UK crackdown as govt unveils new law. A new Digital Markets Unit in the nation's antitrust regulator will have powers imposing additional obligations on some of Silicon Valley's biggest companies
Emerging markets have an edge over mature markets, says BlackRock. The world's biggest money manager favors stocks and bonds from the developing world over those from mature economies in the short term
Nestle India net profit jumps 23.9%, all products see double-digit growth. Nestle India declared an interim dividend of Rs 27 per share
Hyundai Motor's reports 109% increase in Q1, beating expectations. Hyundai Motor Co reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased
Boeing faces production issues; Air India, Akasa expansion may get delayed. Boeing has clarified that the planes already in service will not have an impact since this is not an immediate flight safety issue
Apple wins major antitrust case against Fortnite maker Epic Games. Apple has won the long-drawn antitrust court battle in the US against Fortnite maker Epic Games over its App Store policies
Zypp Electric to deploy 100,000 more e-scooters for Zomato by 2024. The plan is a part of Zomato's plan to go completely electric by 2030
Alternative credit firm BlackSoil says FY23 investments grew 55% YoY. Mumbai-based says it is helping start-ups as funding winter continues for sector
Akasa Air says no significant impact of delay in Boeing 737 delivery. Budget carrier began operations last August and has 19 737 Max planes in its fleet
Nestle India net profit up 24.7 per cent in January-March quarter. KitKat, Munch sweeten the quarter for the firm; Nescafe also packs a punch
IndusInd Bank shares jump 2% after robust Q4 earnings, stocks climb 1.90%. Shares of IndusInd Bank on Tuesday jumped nearly 2 per cent in the late morning trade after the firm registered a 46 per cent jump in its March quarter net profit at Rs 2,043 crore. The stock of the company climbed 1.90 per cent to Rs 1,123 apiece on the B
Zydus Lifesciences gets nod from USFDA for metronidazole topical cream. The drug will be manufactured at the group's topical manufacturing facility at Changodar, Ahmedabad
Zomato, Zypp join hands to deploy 100K e-scooters for last-mile delivery. Zomato says association will enable it to 'significantly reduce carbon emissions'
Infosys launches live operations platform in collaboration with ServiceNow. The company plans to boost customer experience for telecom service providers
Serum Institute to pump in additional 0 mn in Biocon Biologics. Serum Institute of Life Sciences will invest an additional USD 150 million in Biocon Biologics as the partners decided to restructure the deal which was inked in 2021, Biocon said on Tuesday. With the fresh capital infusion, Serum's total investment in Bio
Vodafone's top backer e& discusses board changes and ups stake. he Abu Dhabi-based company, which is majority owned by the United Arab Emirates's sovereign wealth fund, now owns 14.6% of Vodafone, up from 14%
Apollo opens genomic institute in Chennai, to open three more in 2023. Facility will offer services genetic evaluation, clinical diagnostics, obstetric genetics, cancer genomics and other services
Nasscom appoints Microsoft's Anant Maheshwari as new chairperson. Rajesh Nambiar will be 2023-24 vice chairperson at group that represents India's IT services sector
Hyundai Motor's Q1 net profit jumps 92% on SUVs, increased production. South Korea's Hyundai Motor said on Tuesday its first-quarter net profit jumped 92 per cent from a year earlier on increased production and an improved product mix
Bajaj Auto Q4 results: Net profit drops 2.5% on sluggish exports. This helped total revenue from operations rise nearly 12% to Rs 8,905 crore
Myntra introduces 'vernacular search' for users to shop in Indian languages. feature allows consumers to browse for fashion, beauty and lifestyle products in 10 Indian languages other than Hindi
L&T's power transmission biz bags significant orders in India, overseas. Homegrown Larsen & Toubro (L&T) on Tuesday said its power transmission and distribution business has won significant orders in the domestic and overseas markets. The infrastructure major did not disclose the financial details of the projects. However, acco
Adani Ports bond buyback allays refinancing risk: S&P Global Ratings. The company, part of the beleaguered Adani Group, should be able to lower its debt well ahead of the maturity of its unsecured notes worth 0 million, due in July 2024, S&P added
Luxury brand LVMH's market value surpasses 0 bn, a first in Europe. Shares of Paris-based LVMH Moet Hennessy Louis Vuitton SE, as the company is formally known, climbed 0.3% to €903.70 at 10:43 a.m. Monday, valuing the company at €454 billion (0 billion)
48 firms selected as eligible bidders for Future Retail insolvency process. As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), w
Over 1,000 Blinkit riders join rival firms amid row over new pay structure. The delivery firm has also been hiring new riders to deal with the shortage since last week
Welspun India board of directors to consider proposal to buyback of shares. The outcome of the Board meeting will be communicated to the stock exchanges after conclusion of the Board meeting on April 27, 2023
Online gaming firms criticise Google for commission in alternative billing. Play Store allows alternate billing systems but service fees defeats purpose of fair play, they say
Mahindra Lifespace bags housing society redevelopment project in Mumbai. Realty firm Mahindra Lifespace Developers Ltd on Monday said it has bagged a project to redevelop a housing society in Mumbai with an expected revenue potential of Rs 850 crore. In a regulatory filing, Mahindra Lifespace -- the real estate and infrastructu
SECI's renewable energy trade over 35 BU mark in FY23; records 59% volume. State-owned SECI traded 35 billion units of renewable energy (RE) during financial year 2022-23, registering a year-on-year (y-o-y) rise of 59 per cent, an official statement said Monday. During the year, Solar Energy Corporation of India Limited's (SECI)
Office space absorption at 14 mn sq ft in Q1 2023, falls 11% YoY: Study. Bengaluru, Delhi-NCR and Chennai together account for two-thirds of quarterly demand
Billionaire Hindujas' truce in doubt as lawyers say rift remains. The Hindujas last year had agreed to slam the brakes on copious litigation across Europe, putting on hold a feud that was tearing apart the once tightly knit British-Indian group
Sunteck Realty sales bookings jump 23% at Rs 1,602 crore in FY23. The firm's sales bookings stood at Rs 537 crore in the fourth quarter of the last financial year (Q4 FY23), up 36 per cent on QoQ basis
Shree Radhe Dairy eyes Rs 1,000 cr turnover by 2026, says founder Sukhadiya. Surat-based Shree Radhe Dairy is eyeing Rs 1,000 crore revenue by 2025-26, on the back of capacity expansion with an investment of Rs 70 crore, according to a top company official. "We have reached a turnover of Rs 100 crore for the fiscal year ended March
Mahindra LMM holds ground-breaking ceremony of EV facility in Telangana. Mahindra Last Mile Mobility (LMM), a part of Mahindra & Mahindra (M&M), on Monday held a ground-breaking ceremony for a new manufacturing unit at its existing plant here. Telangana Minister for Industries K T Rama Rao was the chief guest, a press release f
Google's new payment policy: Delhi HC asks CCI to take up plea by April 26. The case pertains to a Google Play Store policy that requires all app developers to only use Google Play's billing system (GPBS) to charge customers
Coca-Cola sees strong growth in India, chief lauds resilient economy. Coca-Cola also pointed out that the refillables infrastructure takes time to build and said that it has some activity in Africa and India and pointed out that it doesn't change overnight
JC Flowers, Reliance Retail Ventures among 48 bidders for Future Retail. This month, the National Company Law Tribunal (NCLT) had granted an extension of 90 days for conducting the corporate insolvency resolution process (CIRP) of FRL and extended it to June 15, 2023
Plans to buy Zinc International is not called off: Hindustan Zinc CEO. Hindustan Zinc CEO Arun Mishra has said that the plans to buy overseas asset from the company's parent firm Vedanta Ltd has not been called off yet. The Chief Executive officer (CEO) made the remarks during an earnings call. When asked about Zinc Internati
PhonePe plans to take on Google Play Store; to launch an app store. PhonePe also clarified that it would not like to put an exact timeline on it. The current focus is to build an app store
JSW Group in talks with MG Motor, BYD India for electric vehicle push. MG Motor India unveiled its compact EV Comet, which has a range of 230 km per charge, last Wednesday
JSW Group in talks with MG Motor India, BYD India to pick up stake. Sajjan Jindal-led conglomerate JSW Group is in talks with MG Motor India to pick up stake in the automobile company, according to sources. The steel-to-sports group is also exploring purchase of stake in BYD India, they said. In January, JSW Group Chief Fi
Changes in contract within boundaries of law: Air India management. Airline is framing policies for all employees which wasn't the case earlier and that requires superseding of previous policies, said airline's chief human resources officer Suresh Dutt Tripathi
Ipca Laboratories to acquire 33% stake in Unichem for 1,034 crore. The acquisition is subject to the fulfilment of terms and conditions as per the share purchase agreement, and statutory approvals from the Competition Commission of India, the company added
Temasek scouts for opportunities in healthcare, retail and tech firms. Post bn investment in Manipal Hospital, Singapore fund scouting for more investments
Adani Ports & SEZ starts first bond buyback after Hindenburg report. The company also said it plans to buy back 0 million of the 3.375% senior notes in each of the next four quarters
IndusInd Bank to Persistent Systems: Q4 results to watch out for today. Tata Teleservices, Century Textiles & Industries, Tamilnad Mercantile Bank, Mahindra Logistics, IIFL Securities, Nelco, and Kshitij Investment are other companies that will declare Q4 results today
Attrition in IT firms to go back to pre-pandemic levels by October: Experts. In their Q4 results, two of the three IT majors in India, TCS, and Infosys, showed that high attrition was still a problem
Rajesh Uppalapati as CTO, P Ganesh as CFO: Nykaa announces new appointments. TV Venkataraman will be responsible for the company's Internal Audit and Risk Management charter
Tata Steel starts hydrogen gas injection in furnace to cut CO2 emissions. Process in line with company's vision of becoming net zero by 2045
Aditya Birla Housing Finance, Tata Capital, Federal Bank to raise capital. Private lender Federal Bank will raise funds through a sale of certificates of deposit maturing in 11 months
S Chand and Co to acquire stake in government test prep platform ixamBee. ixamBee helps unskilled graduates and undergraduates prepare for government competitive examinations like those conducted by banks, insurance companies, and Railways
Digital firm MapmyIndia's profit up 23% at Rs 107 crore in FY23. Company says it embedded 1.9 million vehicles with mobility solutions app in FY23
Bank of Maharashtra Q4 net profit more than doubles to Rs 840 crore. Bank has announced a dividend of Rs 1.3 per share with a face value of Rs 10
Tamilnad Mercantile Bank net profit up 11% in Q4 of FY23, expenditure rises. Board recommends final dividend of Rs 5 per equity share, in addition to interim of Rs 5 per share paid before
IndusInd Bank Q4FY23 results: Net profit jumps 50% to Rs 2,040 crore. The bank's board of directors has also recommended a dividend of Rs 14 per equity share
Vedanta Resources cuts gross debt by bn by paying its maturing loans. Vedanta Resources Limited (Vedanta), the parent company of Mumbai-listed mining giant Vedanta Ltd, on Monday said it has paid all its maturing loans and bonds due in this month to reduce its gross debt by a further USD 1 billion. Vedanta has now reduced de
Birla Estates buys land parcel in Mumbai, eyes revenue more than Rs 600cr. Realty firm Birla Estates on Monday said it has purchased a land parcel in South Mumbai to develop a premium housing project and is expecting a sales revenue of more than Rs 600 crore from this upcoming property. Birla Estates, which is the real estate arm
Bank of Maharashtra reports more than double profit to Rs 840 cr in Q4. State-owned Bank of Maharashtra (BoM) on Monday reported a more than two-fold jump in its net profit to Rs 840 crore for the March quarter, helped by a decline in bad loans and a rise in interest income. The bank had earned a net profit of Rs 355 crore in
Air India pilot unions say will go to 'any extent' if any member is fired. Unions reject revised salary structure airline offered on April 17
Tech investors focus on profits after layoffs; companies to highlight AI. The companies are likely to give updates on their AI efforts, a trend noticeable since last quarter when chief executives packed earnings calls with mentions of the technology
Infosys, Aramco ink pact to create digitally connected employee experiences. Infosys plans to embed digital transformation practices and tools into Aramco's HR platform, enhancing the overall digital experience for employees to engage more productively
Daimler India reports 'strong' growth in revenue, sales in CY 2022. Daimler India Commercial Vehicles (DICV) on Monday announced growth in its sales and revenue in 2022, selling over 29,000 units during the calendar year (CY). A company release said "despite supply chain headwinds and adverse cost environment, 2022 was one
HCL bucks the trend; says it intends to hire as others continue to fire. The firing spree was not limited to back-office jobs and affected big tech companies, including Amazon, Meta, Microsoft, and Google parent Alphabet, among others
Delhi HC asks CCI to take up ADIF's complaints against Google by April 26. The new billing system will go into effect on April 26
MapMyIndia reports PAT up 23% to Rs 108 cr, reaches over 850 customers. The company said its annual expenses increased 41 per cent to Rs 176.24 crore, from Rs 124.66 crore in FY22
IPCA Labs to buy 33.4% stake in Unichem Laboratories for Rs 1,034 crore. The shares will be purchased at the cost of Rs 440 per share post the approval from the Competition Commission of India under the Competition Act, 2002
Nykaa appoints new CFO, CTO and other new leaders to drive growth. Online beauty company strengthens team after five high-profile employee exits in March
HDFC Bank to buy stake in Griha, gets Singapore regulatory body's approval. The proposed agreement is subject to approval from the market regulator Sebi
Airtel teams up with Secure Meters to deploy NB-IoT powered smart meters. Telecom operator Bharti Airtel on Monday announced its partnership with Secure Meters for deploying Narrow Band-Internet of Things (NB-IoT) services to power 1.3 million homes in Bihar via a smart meter solution. The telco said this deployment will be Indi
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