NSE share market NEWS tomorrow (19 June, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (19 June, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 June 2023
Jindal Steel was amongst the top gainers, currently trading at 574.50 in NSE with 3.219 times change in volumes and 5.568% change in price. Other gainers included Inox Wind with 5.445% price change and 2.096 times volumes, Shriram Finance with 4.877% price change and 2.315 times volumes, Mankind Pharma with 4.736% price change and 0.785 times volumes, and Fsn E with 4.226% price change and 1.443 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.
Adani Enterprises was amongst the top losers, currently trading at 2401.40 in NSE with 1.434 times change in volumes and -4.311% change in price. Other losers included Cg Power with -3.341% price change and 3.531 times volumes, Avenue Supermarts with -2.69% price change and 0.333 times volumes, One 97 with -2.67% price change and 0.596 times volumes, and Idea Cellular with -2.564% price change and 0.863 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.
Stock broker Upstox records Rs 1,000 cr operating revenue in FY2022-23. Investment platform Upstox (RKSV Securities India Pvt Ltd) has recorded Rs 1,000 crore operating revenue during the last financial year, a top official said here on Monday. The company which has been recording consistent growth over the last three years wo
Coal India OFS for employees to open on June 21; Govt to sell 9.2 mn shares. The government will sell up to 92.44 lakh shares or 0.15 per cent stake in Coal India to its employees at a price of Rs 226.10 a share. "The employee OFS (Offer for Sale) shall remain open from June 21, 2023 to June 23, 2023," Coal India said in a stock ex
Timken Singapore proposes to sell 8.4% stake in Indian unit for 1 mn. HONG KONG (Reuters) - The Singapore-based parent of Timken India has proposed to sell an 8.4% stake in the Indian bearings and power transmission products maker for up to 1 million on June 20, according to the term sheet of the deal, seen by Reuters
India's tax regime complex, throws up 'unexpected surprises': Micron. Micron Technology has urged the central government to reconsider taxation for the electronics sector
Sebi bans IIFL Securities from onboarding new clients for two years. Brokerage was mixing clients' funds with proprietary funds, says Sebi order
IndiGo orders 500 Airbus A320 aircraft; largest order in aviation history. With this new order, since its inception in 2006, IndiGo has ordered a total of 1,330 aircraft with Airbus
Sebi order 'unjustified and unwarranted', Zee Ent argues before SAT. Tribunal adjourns case to June 26
abrdn to sell its entire 10.2% stake in HDFC AMC through block deal. Price band set between Rs 1,800 and Rs 1,892 for Tuesday's block deals
LT Foods is eyeing Rs 11.5K-crore revenue in 5 years: CEO Ritesh Arora. Ritesh Arora, chief executive officer (CEO) - India and Far East Business of LT Foods, said that post-Covid consumers were more health and hygiene conscious
India's largest edtech firm Byju's sacks 1,000 more; count jumps to 3,500. The company, according to the sources, will give two months' salary to those laid off
Tata AIA Life reports multi-fold rise in net income at Rs 506 cr in FY23. Its total renewal premium rose 32 per cent to Rs 11,964 crore year-on-year, and the asset under management grew by 21 per cent to Rs 71,006 crore
SEBI can't afford to be reactive, says order in IIFL Securities matter. SEBI said the notice has violated the provisions of SEBI 1993 Circular in various ways to clearly disregard the basic premise of the said circular both in letter and spirit
Vedanta plans to invest .7 bn in FY24 on growth projects: Anil Agarwal. Sharing details of the company's projects, the chairman said Vedanta is already expanding its aluminium and zinc capacities
Aircraft mega-deals prompt bubble warning from aviation industry veterans. The 500-jet Airbus purchase unveiled by IndiGo extends the backlog at India's largest carrier to about 1,000 undelivered aircraft
IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers. 'We're securing our future… by placing this order, we have a planning horizon of over 10 years'
ESIC adds 1.79 mn new subscribers in April 2023, says payroll data. Gender-wise analysis of payroll data indicates that enrolment of net female members has been 3.53 lakh in April 2023
Akasa Air in talks for follow-on order for 737 Max single-aisle boeing jets. The US planemaker is working to finalize negotiations as soon as this week at the Paris Air Show, the people said, asking not to be identified as the discussions are confidential
Tata Power mulls to double capex to Rs 12,000 cr, focus on renewables. Based on the performance, directors have recommended a dividend of 200 per cent, which is Rs two per equity share of Rs one, he stated
Largest-ever aviation deal: IndiGo orders 500 Airbus A320 family aircraft. The airline did not place any order for wide-bodied aircraft
Ancient charcoal key to net-zero target set by blue-chip companies. The market for biochar remains small for now, thought it seems poised to soar as more farmers use it as a soil additive and firms seek new ways to meet net-zero targets
Germany, Intel strike bn chip plant deal; bn subsidy on offer. The agreement includes what Intel said was increased government support including incentives, reflecting the expanded scope of the project since it was first announced in March 2022
Financial irregularities, tough market: What went wrong at Mojocare?. In a joint statement, Mojocare's major investors alleged that they have 'uncovered financial irregularities" in the health and wellness start-up
Sumo Logic lays off 79 employees, month after Francisco Partners' takeover. Big data analytics software company Sumo Logic has laid off 79 employees, as job cuts continue in the tech industry worldwide
Vedanta explores refinancing, brand monetisation for timely debt repayments. To ensure enough funds, Vedanta Limited has increased the percentage of royalty from 2 to 3 per cent beginning this year
Kamdhenu Paints targets Rs 1,000 crore revenue by FY28: CMD Satish Agarwal. Kamdhenu Paints is targeting a four-fold jump in its revenues to Rs 1,000 crore over the next three years, its CMD Satish Kumar Agarwal said. In the financial year ended March 31, 2023, the company had earned a revenue of about Rs 251 crore, he told PTI. K
Bookings begin for Maruti Suzuki MPV Invicto at Rs 25,000; launch on July 5. This is Maruti's own version of the Toyota Innova, the best-selling premium multi-purpose vehicle (MPV) in the country
Google-backed Adda247 acquires Veeksha to give 3D experiences to students. Veeksha creates immersive 3D Mathematics and Science content for new-age learners who prefer learning on digital devices
Grasim, Lubrizol to begin work on Vilayat CPVC resin plant by end of 2023. On October 30, 2020, the two companies announced the plans to launch the initial phase of the plant in 2022, but it was postponed due to the coronavirus pandemic
Chemical firm Lubrizol to invest 0 mn to build CPVC resin plant in Guj. US-based specialty chemical company Lubrizol Corporation on Monday announced investment commitments of over USD 150 million across several projects in its portfolio in the country. The proposed investment will go into building the world's largest CPVC resi
HPCL to open vehicle service centres in India with Saudi Arabia's Petromin. HPCL's co-branded service centres will be located at its select retail outlets in metros and other major cities across India
IIT Madras raises Rs 231 cr in funding from alumni, firms, donors in FY23. Donations help premier institute to build 'Centres of Excellence' and provide scholarships and fellowships
Pharma major Lupin gets establishment inspection report from USFDA. Lupin Limited received an inspection classification of "No Action Indicated" (NAI) after the inspection, which was conducted between March 6 to March 10
Reliance Industries resumes vessel operations at Sikka port in Gujarat. Several ports in Gujarat had suspended cargo operations last week due to unsafe weather conditions at sea
Consumer Forum asks Raheja Developers to pay full deposit with compensation. The forum ordered that the complainant be refunded Rs 28,68,483 with 9% interest per annum from the date of deposit and along with a compensation of Rs 1 lakh and Rs 55,000 as litigation expenses
Ashiana Housing to invest Rs 275 cr to develop project for senior citizens. Realty firm Ashiana Housing will invest Rs 275 crore to develop a housing project in Pune for senior citizens. The Delhi-based company said in a statement that it has launched a joint venture project, Ashiana Amodh Senior Living at Talegaon in Pune. The pr
Adani Transmission gets shareholders' nod to raise up to Rs 8,500 crore. According to the company's BSE filing, 98.64 per cent votes were polled in favour of the resolution
Havells clarifies after CMD's Rs 28 cr salary questioned by shareholders. According to a regulatory filing by the company, the shareholders had sought clarification at the upcoming AGM of the company on June 27, 2023
Over 1 mn dropped from Medicaid as US start post-pandemic purge of rolls. More than 1 million people have been dropped from Medicaid in the past couple months as some states moved swiftly to halt health care coverage following the end of the coronavirus pandemic. Most got dropped for not filling out paperwork. Though the eligibi
Indian army receives its first Mahindra Armado; all you need to know. Given its design and build, it can operate effectively in tough terrains like open fields or even in deserts
Urban Company to have 30% women in leadership, senior roles by 2025. In 2022, the company invested Rs 72 crore in training and upskilling its partners
Vendanta Group to leverage startups' tech under pact with Meity-Nasscom. Conglomerate Vendanta Group plans to leverage technologies developed by startups under a partnership with Meity-Nascomm Centre of Excellence, a joint statement said on Monday. Vendanta Group's corporate innovation, accelerator and ventures programme Vedant
Sun Life Financial's GCC to hire 1,000 people in India in two years. Hiring comes at a time when GCCs in India expanding. According to the latest Nasscom-Zinnov report, India had 1,580 unique GCCs as of FY23
Zydus Lifesciences gets USFDA nod for generic acne-treating drug. Zydus Lifesciences on Monday said it has received final approval from the US health regulator for its generic antibiotic Minocycline Hydrochloride extended-release tablets used for treatment of moderate to severe acne. The approval granted by the US Food a
Not so forthcoming: Why doesn't Adani disclose potential conflicts?. A short-seller attack earlier this year on the Adani Group had focused on a different family member. New York-based Hindenburg Research had gone after tycoon Gautam Adani's older brother, Vinod
India exported smartphones worth Rs 12,000 cr in May; 80% were iPhones. Apple accounts for 80% of all smartphone exports from India. The rest 20% is shared by Samsung and some other brands
Largest Indian order: Indigo likely to place an order for 500 planes today. The value of IndiGo's order, at the list price of the A320Neo family aircraft, will be around 0 billion
Skipper bags power transmission project orders worth Rs 1,135 crore. Leading manufacturer of power transmission and distribution structures Skipper Ltd on Saturday said it has secured cumulative orders worth Rs 1,135 crore for the design, supply, and construction of new transmission line projects for Powergrid Corporation o
Adani Ent likely to challenge IRCTC's monopoly in online ticket booking biz. The company in a BSE filing said that the share purchase agreement has been signed for a 100 per cent acquisition in the Stark Enterprises, which is an online train booking and information platform
Patanjali Foods earmarks capex of up to Rs 1,500 cr in 5 yrs: CEO Asthana. Patanjali Foods Ltd plans to invest up to Rs 1,500 crore in the next five years on capital expenditure, mostly for scaling up its palm oil business, according to company CEO Sanjeev Asthana. The company (formerly Ruchi Soya Industries) has set a target of
Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply. In affidavit to SAT, regulator says move taken to safeguard management, protect investors and stakeholders
OTT emerged as biggest medium, bridged geographical barriers: Anurag Thakur. Union Information and Broadcasting Anurag Thakur said OTT, which emerged as one of the biggest mediums during the COVID-19 time, has bridged the geographical barriers. He said with the vanishing of boundary in OTT, the possibility of content from across th
Kia to launch all-electric EV9 SUV that gives 501 kms on single charge. Kia, South Korea's second-biggest carmaker, said on Sunday it will launch its all-electric EV9 flagship SUV in the domestic market this week as part of its electrification efforts
Bharat Petroleum exercises RoFR to buy Videocon Oil's Brazil assets. Earlier, lenders had given conditional nod to sell 3 basins to Eneva, PetroRio
Tata Steel plans Rs 16,000 cr capex in FY24 for domestic, global operations. Industry giant Tata Steel is planning a consolidated capital expenditure (capex) of Rs 16,000 crore for its domestic and global operations during the current financial year, according to its top management. Of the planned amount, Tata Steel has earmarked R
Govt to invite bids for privatising NMDC after commissioning blast furnace. The government is likely to invite financial bids for privatising NMDC Steel only after the commissioning of the blast furnace at the company's steel plant in Chhattisgarh, according to officials. Officials expect the value of the company to go up once the
'73% respondents on Trai's consultation paper seek satcom allocation'. About three-fourth respondents including Starlink, Amazon, OneWeb have advocated for allocation of satellite communication spectrum through an administrative process and not through auction, according to space sector industry body ISpA. On Trai's consultat
Apply for visa as early as possible to avoid shady agents: VFS Global. The case of hundreds of Indian students in Canada facing deportation has once again brought into the spotlight the role of shady visa agents and operators issuing fake visa papers
Shriram Properties to invest Rs 750 cr on construction of housing projects. Shriram Properties will invest around Rs 750 crore this fiscal on construction of its ongoing and new residential projects as it looks to scale up business amid strong housing demand, its CMD M Murali said. Bengaluru-based Shriram Properties had spent Rs 5
The Fern Hotels to add 1,000 additional rooms spanning 13 hotels: Suhail. The Fern Hotels & Resorts will be adding 1,000 more rooms spanning 13 hotels this fiscal, most of which will come up in the East and Northeastern markets, as the group seeks geographical diversification. The city-based hotel chain, which follows an asset-l
Reliance may earn -15 billion revenue from new energy biz by 2030. Billionaire Mukesh Ambani's Reliance Industries may by 2030 earn USD 10-15 billion from its new energy business spanning solar to hydrogen but will need acquisitions or partnerships to make up for limited expertise in technology, said a report by Sanford C
Physics Wallah to acquire 50% stake in Xylem for Rs 500 cr in 3 years. Unicorn edtech firm Physics Wallah has entered into a strategic partnership with Kerala-based edtech firm Xylem Learning, under which it plans to invest Rs 500 crore over a period of next three years, the company said on Sunday. The partnership is aimed to
Axtria plans to expand India operations, hire more than 1,000 techies. IT company Axtria Inc, which focuses on the life sciences industry, has plans to hire over 1,000 people in data science, software development, and data engineering in the next eight months, the company said on Sunday. The company is hiring for its offices
Sebi calls for urgent action against Zee promoters in its reply to SAT. Market regulator Sebi in its reply to the Securities and Appellate Tribunal (SAT) on the Zee Entertainment Enterprises Ltd's plea has called for urgent action against the promoters in the alleged fund diversion case to safeguard the management, investors a
Financial irregularities found at Mojocare after review, say investors. Investors in the Bengaluru-based firm in a statement said that they have found financial irregularities and also said that the business model is not sustainable
Indian talent, innovation behind Google products globally: Top official. India is one of the most important markets for Google and a source of incredible talent and innovation that help create and empower the company's products globally, a top official at the tech giant has said. Karan Bhatia, Google's global head of government
CBI books 21 senior BSNL officials for graft; searches 25 locations. The CBI on Friday conducted searches at 25 locations in connection with an FIR registered against 21 officials of the BSNL, including a former general manager, officials said. The premier investigative agency alleged that the accused officials entered into
Indsil Hydro Power sells 12 MW power plant in Raipur for Rs 11.40 cr. Indsil Hydro Power and Manganese on Friday announced the sale of its 12 MW power plant at Raipur in Chhattisgarh for Rs 11.40 crore. "The company has entered into a transaction with a buyer for the sale of the 12 MW power plant of the company situated at R
Isuzu may sell 44% stake in India unit as it exits low-profit businesses. Japanese firm, whose stake is valued at Rs 734 cr, is talking to several potential investors including JBM Auto, a media report said on Friday
Japan-based Musashi forays into Indian EV market with Rs 70-cr investment. Musashi will collaborate with BNC Motors for expansion into the EV market
DMRC to operate, maintain Mumbai Metro's underground Line-3: Officials. The Mumbai Metro Rail Corporation Limited (MMRCL) has awarded the DMRC a 10-year contract to operate and maintain its underground Line-3 after the Delhi Metro emerged as the lowest bidder in the tendering process, officials said on Friday. The Delhi Metro
Bank of Maharashtra plans to recover 5% from written-off accounts in FY24. The Pune-based lender had recovered Rs 943 crore from written-off accounts in FY23, up from Rs 642 crore in FY22, according to the document filed Qualified Institutional Placement (QIP)
L&T's InvIT closes acquisition of Rs 8,270 crore roads from Brookfield. The acquisition of the fifth road project - Gorakhpur Infrastructure Company Private Limited - is pending the receipt of requisite regulatory approvals
Air India upgrading crew rostering, customer notification system: Wilson. Air India is also upgrading its customer notification systems and processes to make them "less manual, more accurate and to utilise new channels such as WhatsApp" Wilson told employees
Patanjali Foods launches 14 products to push its premiumisation strategy. Aims for Patanjali Group turnover to touch Rs. 1 trillion in 5 years: Baba Ramdev
Intel, Micron plans to spend billions on new chip plants outside US. Washington is seeking to strengthen key supply chains outside of China as it works to contain Beijing's geopolitical ambitions
Highdell Investment sells 6.2% stake in Kalyan Jewellers for Rs 725 cr. Highdell Investment, owned by US-based private equity major Warburg Pincus, on Friday divested a 6.2 per cent stake in Kalyan Jewellers India Ltd for Rs 725 crore through an open market transaction. Franklin Templeton Mutual Fund (MF), Sundaram MF, BNP Par
IKIO Lighting makes strong debut on bourses, rises 40% on listing day. The initial public offering of IKIO Lighting was subscribed to 66.3 times
CDPQ divests 0.89% stake in Piramal Pharma via open market transaction. CDPQ on Friday divested a 0.89 per cent stake in Piramal Pharma Ltd for Rs 100 crore through an open market transaction. Caisse De Depot Et Placement Du Quebec (CDPQ) is a global investment group. According to the bulk deal data available with the National
Businessman Prateek Gupta targeted by Trafigura bids to lift freeze. Gupta formally filed his court challenge Friday seeking to lift a 5 million asset freeze against him, his spokesman said without providing further details of his defense
Polygon-backed Davos Protocol raises Rs 10 crore in TVL in two months. The decentralized stablecoin claims to differentiate itself through transparency and decentralization, backed by various crypto assets managed on-chain
Fluctuations in airfares likely to continue, says IndiGo CEO Pieter Elbers. Airfares in India shot up last month as the demand for travel increased and simultaneously half of Go First's fleet was grounded due to a disruption in the supply of Pratt & Whitney jet engines
iPhone maker Foxconn to start making electric vehicles in India: Report. The company is keen on setting up its plant in Maharashtra but due to some challenges, it may consider Tamil Nadu as its auto manufacturing hub
Oracle lays off hundreds of employees at its health unit Cerner: Report. In May, another media report said that Oracle had laid off 3,000 employees at Cerner
GAIL India issues swap tender for 12 LNG cargoes in 2024, say reports. GAIL (India) Ltd has issued a swap tender seeking 12 cargoes of liquefied natural gas (LNG) for loading in the US in exchange for 12 cargoes for delivery into India in 2024, two industry sources said
Micron Tech nears billion investment in India's chip packaging plant. An announcement could be made as soon as when Prime Minister Narendra Modi visits the US next week, said the people, who asked not to be identified because the details are private
Singapore Airlines denies media report on raising stake in Air India. Singapore Airlines said it has not raised its stake in Air India from the 25.1% which it secured as part of the Tata Group's Vistara merger to create a bigger full-service India's national carrier
TCS, Transamerica end billion contract due to macro environment. The 10-year contract, signed in early 2018, involved TCS working with U.S.-based Transameria to enable the digitization of more than 10 million policies into a single integrated platform
M&M launches XUV700 in Australia at AUD 36,990; no diesel variant on offer. The XUV700 sold in Australia will come with only a turbo-petrol engine, the 2.0-litre mStallion that returns 200 bhp and a peak torque of 380 Nm
SoftBank looking to book profits by selling shares in Zomato, Paytm: Report. The shares will be sold in small tranches in the open market and not through block deals
Ramkrishna Forgings-Titagarh Rail consortium bags Rs 12,227 cr order. A consortium of Ramkrishna Forgings Ltd and Titagarh Rail Systems Ltd has bagged an order worth about Rs 12,227 crore from the railways ministry to supply 15.40 lakh forged wheels under the government's Atmanirbhar Bharat initiative. The contract spans ove
Magicpin clocks 50% monthly growth on ONDC with over 30,000 daily orders. Hyperlocal e-commerce firm magicpin has recorded 50 per cent month-on-month growth on the government-supported ONDC network as it crossed 30,000 daily order mark on the platform, the company said on Friday. magicpin joined Open Network for Digital Commerce
Vodafone Idea cuts ties with 25,000 retail partners to reduce costs. As competition in the telecom market rises due to competitive packages by Bharti Airtel and Reliance Jio, Vi is taking drastic cost-cutting measures
Google programme to train and support Indian local news publishers. Initiative will support small or medium-sized news organisations in 9 languages
Natco gets USFDA approval for Tipiracil Hydrochloride, Trifluridine Tablets. Shares of Natco Pharma Ltd, on Friday, fell over 1 per cent at Rs 632 on BSE
Aiming Rs 1 trillion turnover for Patanjali Group in next 5 years: Ramdev. Patanjali Group is looking to clock a turnover of Rs 1 lakh crore in next five years as it expands reach to all sections of consumers with different offerings, its leader Baba Ramdev said on Friday. Group firm Patanjali Foods (previously Ruchi Soya) will a
Fitch affirms stable outlook to USD 362.5 mn debt of Adani Green Energy RG2. Fitch Ratings has affirmed 'BBB-' rating on Adani Green Energy Ltd Restricted Group 2's USD 362.5 million senior secured notes (bonds), implying a low risk of default. Assigning a stable outlook, the rating agency said that credit assessment is supported b
Amazon-Uber extend strategic tie-up, 5% cashback on rides for Prime members. Of the 5%, they will get 4% as Uber credit and 1% as Amazon Pay cashback, which can be used to save more on future rides with Uber and fulfill shopping needs on Amazon.in
JBM Auto top contender for controlling stake in SML Isuzu: Report. JBM is mulling various options to acquire the shareholding, including cash as well as a share swap deal, the report added
Looking to expand footprint, Voltas to strengthen 'Voltas Beko' brand. Cooling products maker Voltas has inaugurated its second brand store in Tiruchirappalli, the 10th such facility in Tamil Nadu, the company said on Friday. Through its home appliances joint venture brand 'Voltas Beko', the company aims to strengthen its pro
Glenmark Pharma slashes price of breast cancer drug Trastuzumab. Glenmark Pharmaceuticals Ltd on Thursday said it has slashed the price of breast cancer drug Trastuzumab by bringing its brand Trumab at Rs 15,749 for a 440 mg vial from Rs 54,000 earlier. Trastuzumab is used in the treatment of a particular type of breast
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