NSE share market NEWS tomorrow (10 April, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 April 2023
Godrej Properties was amongst the top gainers, currently trading at 1228.35 in NSE with 3.144 times change in volumes and 9.153% change in price. Other gainers included Prestige Estates with 6.27% price change and 2.306 times volumes, Dlf with 5.902% price change and 2.312 times volumes, Power Finance with 5.752% price change and 1.697 times volumes, and Adani Green with 4.998% price change and 0.63 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.
Petronet Lng was amongst the top losers, currently trading at 228.50 in NSE with 2.386 times change in volumes and -3.096% change in price. Other losers included Kei Industries with -3.001% price change and 0.569 times volumes, Kaynes Technology with -2.577% price change and 1.085 times volumes, Indian Bank with -2.252% price change and 0.811 times volumes, and Inox Wind with -2.222% price change and 0.439 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.
Indian Hotels well poised to achieve vision of 300 hotels by 2025. India's largest hospitality company Indian Hotels Company Ltd on Monday said it is well poised to achieve its vision of 300 hotels by 2025, from the current portfolio of 260 hotels. Indian Hotels Company Ltd (IHCL) said it accelerated portfolio expansion i
Govt kickstarts IREDA 's IPO process, scouts for merchant bankers. The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable Energy Development Agency (IREDA) and is looking for merchant bankers to manage the process. The Department of Investment and Public Ass
JSW Steel Q4 consolidated crude steel output rises 13% to 6.58 MT. JSW Steel on Monday posted a 13 per cent growth in its consolidated crude steel production at 6.58 million tonne (MT) during the fourth quarter of FY23. The company had produced 5.81 MT crude steel from operations in India and the US in the year-ago period
Adani Electricity Mumbai tops on governance among power firms in India. UP, Bihar, Telangana continue to be laggards
Temasek to buy additional 41% stake in Manipal Health for Rs 16,300 cr. Singapore's sovereign wealth fund Temasek will buy an additional 41 per cent stake in Manipal Health Enterprises for more than Rs 16,300 crore (USD 2 billion), taking its total shareholding to 59 per cent in one of the country's largest hospital chains. T
Alliance Air pilots on strike over pay, nearly half its flights cancelled. Airline says no notice served, so management has taken a serious view; pilots want salaries pruned during Covid to be restored to pre-pandemic levels
Bike maker Triumph transfers its India sales, marketing ops to Bajaj Auto. Bajaj Auto Ltd and British bike maker Triumph Motorcycles on Monday said they have completed transfer of the latter's India sales and marketing operations to the Indian firm. The two companies would also be launching a jointly developed mid-sized range of
Sterlite Copper gets SC go-ahead for Thoothukudi plant maintenance. The permission was to the Anil Agarwal-led Vedanta firm on the basis of the High-Powered Expert Committee report and the recommendation of the TN govt
Funding in Indian startups dips 75% in Q1 2023, no new unicorn in 3 months. Indian startups raised a total of .8 billion in funds in the first quarter of 2023, a massive 75 per cent lower compared to the same period in the previous year (.9 billion)
5G speed to reduce to half if less spectrum allotted in 6GHz band: COAI. India must allocate more spectrum in mid-band like 6GHz for a seamless 5G mobile service in the country, else 5G download speed would be reduced to 50 per cent
Cipla inks licensing pact with Novartis to manufacture, mkt diabetes drug. Drug major Cipla on Monday said it has inked a licensing pact with Novartis Pharma AG to manufacture and market Galvus range, used in the treatment of type 2 diabetes, from January 1, 2026. The Mumbai-based company has signed a perpetual license agreement
At 19%, BoB's loans grew faster than overall banking system in FY23. The lender's deposit growth at 15.1% YoY was also higher than the banking average
Reliance Cap second auction postponed again; new date to be decided soon. Lenders of debt-ridden Reliance Capital (RCap) have postponed again the second auction proposed to be held on Tuesday, sources said. However, no new date has been decided yet, sources said, adding, it may be finalised in a week or two. Last week, lenders p
Torrent Power makes lowest bid for Indian power supply contract: Reports. Torrent Power quoted 13.70 rupees per unit price to supply 770 megawatts each for 45 days in April and May from two of its gas-based projects in the western state of Gujarat
Results preview: India Inc likely to report highly profitable Q4. Nifty50 firms may show 15.6% earnings growth, say brokerages; revenue growth to disappoint
Retail loan securitisation sees a jump of 56% to Rs 1.76 trillion in FY23. Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose to around Rs 6,600 crore, coming out of the pandemic blues finally, says a report. The secondary market for standa
Telcos seek allocation of entire 6 Ghz band spectrum for 5G, 6G services. The government should earmark the entire spectrum available in the medium frequency range of 6 gigahertz band for mobile telephony so as to enable them to deliver high-speed data services in the range of 50-100 mbps, telecom industry body COAI said in a le
Tata Group set to takeover of Wistron's iPhone plant in Bengaluru. India set to get its first homegrown production line for Apple products as Tata Group completes takeover in April
Apple signs lease for 116,000 sq ft space in Bengaluru for Rs 2.44 cr/month. Apple has also made it a part of the contract that no other competitor including Alphabet, Microsoft, Samsung, Xiaomi, Amazon, Huawei, Netflix, and Facebook, be provided space in the building
Singapore's Temasek buys 41% stake in Manipal Health for billion: Report. Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors
Godrej Properties logs record sales booking of Rs 12,232 cr in FY23, up 56%. Godrej Properties on Monday said its sales booking rose 56 per cent last fiscal year to an all-time high of Rs 12,232 crore on strong demand for residential properties. In a regulatory filing, Godrej Properties informed that the company achieved its highes
Jio Platforms gets Rs 350 crore deal to run NIC's cloud services for 5 yrs. Jio has been selected to enhance NIC's national cloud services and will be deployed at the National Data Centre in Delhi, Pune and Bhubaneswar
Apple's PC shipments fall 40%, steepest among major computers makers. The slowdown in consumer spending over the past year has led to double-digit declines in smartphone shipments and an accumulating glut among the world's foremost memory chip suppliers
JSW One Platforms raises Rs 205 cr from Mitsui at Rs 2,750 cr valuation. Sajjan Jindal-led JSW Group's business-to-business e-Commerce arm on Monday announced a Rs 205 crore fund raise from Japan's Mitsui & Co. The Series A funding, which is also the maiden capital raise from an institutional investor by JSW One Platforms, has
As Future Retail bankruptcy crawls, Adani and Reliance among bidders. Other names in list of prospective resolution applicants include Jindal Power, WH Smith Travel Ltd
L&T, Afcons, JSW eye Great Nicobar project despite environmental hurdles. The National Green Tribunal (NGT) stayed the Rs 72,000 crore Great Nicobar Development Plan, which includes the project for building a trans-shipment hub
JSW One Platforms raises Rs 205 cr in funding from Japan's Mitsui. E-commerce venture of US Group will use the financing to expand business and improve technology
Registrar of Companies to crack down on law violators with new reforms. Registrar of Companies expect to conduct a more detailed analysis of transactions involving companies that draw attention due to certain regulatory concerns
Google to HP: Apple's Mumbai store zone to be a no-go area for 22 brands. Apple has placed a similar clause in its lease for 116,000 sq ft space in Bengaluru
US tech firm Eventbrite to hire 120 for its development centre in India. Eventbrite will host a virtual career fair on April 14, hiring for roles across engineering, data, product management, product design and program management
US-based firm Pear Therapeutics files for bankruptcy, lays off workers. US-based firm Pear Therapeutics has filed for Chapter 11 bankruptcy as it struggled to get insurers to pay for its technology and laid off 92 per cent of its workforce
Torrent Power makes lowest bid for power supply contract, says report. "The government is likely to award contracts for 1,100-megawatts to Torrent Power," the report said
MG Motor ties up with gamer to design Comet EV for tech-savvy GenZ group. The EV is set to be unveiled in India on April 19; likely priceL Rs 10-15 lakh, ex-showroom
RINL aims to make 55,000 wheels in FY24 to meet Railways' demand: CMD Bhatt. State-owned steel maker RINL is aiming to produce 55,000 wheels in the current financial year to meet the demand from Indian Railways, its CMD Atul Bhatt said. Visakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up a forged wheel plant at Lalganj,
Reliance, Jindal Power among 49 companies to submit EoIs for Future Retail. As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. Reliance Re
VCs focusing more on due diligence amid startup funding slowdown: Report. According to data by Venture Intelligence, the aggregate venture funding fell from .34 billion between January and March 2022 to .19 billion in the same period this year
.6 bn stake sale money came in group firms: Adani counters Rahul Gandhi. Billionaire Gautam Adani's group on Monday listed out details of the USD 2.87 billion stake sales in group firms since 2019 and how USD 2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs
JSW One raises Rs 205 cr from Japan's Mistui at Rs 2,750 cr valuation. B2B e-commerce firm of JSW Group will use the financing to expansion business
Cold chain startup Celcius raises Rs 100 crore from IvyCap, others. The company aims to use the funds for tech innovations to solve the fragmented nature of the cold supply chain and reduce wastage of perishables
Tata insurance arm, others to provide -billion cover to Air India. The airline will be paying a premium of million (Rs 246 crore) for the financial year beginning April 1 - same as the previous financial year
Maruti eyes doubling SUV sales in FY24; aims top position with 25% share. The country's largest car maker Maruti Suzuki India aims to more than double its SUV sales this year and take the leadership position in the fast-growing segment with a market share of over 25 per cent, according to a senior company official. The auto majo
Unfazed by competition from RIL, expect broad-based growth in FY24: GCPL. Godrej Consumer Products Ltd is unfazed by the prospect of competition from Reliance's entry into the FMCG sector, having seen multiple disruptions, including the high-profile entry of Baba Ramdev's Patanjali, according to a top company official. The compa
Adani Group brand custodian Aman Kumar Singh resigns from NDTV board. Adani group's corporate brand custodian and head of corporate affairs Aman Kumar Singh, who is facing a corruption charge in Chhattisgarh, has resigned from the board of NDTV Ltd due to other preoccupations. In a stock exchange filing, New Delhi Television
GAIL Gas Ltd announces reduction in prices of CNG, PNG by upto Rs 7. GAIL Gas Ltd, the city gas arm of the nation's largest gas firm GAIL (India) Ltd, on Sunday announced a reduction of up to Rs 7 in the prices of CNG and piped cooking gas following a reduction in input gas price. GAIL Gas cut the price of the gas that hous
Apollo Micro Systems fixes record date for 1:10 share sub-division. Apollo Micro Systems Ltd (AMSL) has fixed May 4 as the record date to split its shares in ratio of 1:10. On March 28, the company's shareholders had approved a proposal for the share division through postal ballot, the company said in a statement. Subseque
NTPC coal output rises 65% year-on-year to 23 million tonnes in FY23. State-owned power giant NTPC on Sunday said its captive coal mines have registered 65 per cent year-on-year production growth to over 23 million tonnes in FY23. NTPC Ltd has recorded a coal production of 23.2 million tonnes in FY23, witnessing a 65 per cen
Amul expects 20% revenue growth to Rs 66,000 cr in FY24; no rate hike plans. GCMMF, which sells dairy products under the Amul brand, is expecting 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said. Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) registered a
Adani Power commences supply to Bangladesh from Godda plant in Jharkhand. Supply was to start in March. However, Bangladesh Power Development Board had sought relief from rising imported coal prices. Unit will source coal from Adani-owned Carmichael mine in Australia
SBI Foundation commits Rs 3 mn grant to eight select social ventures. SBI Foundation, the CSR arm of State Bank of India (SBI) on Sunday committed Rs 30 lakh as a grant to 8 ventures who work at the grassroot level to bring change in the lives of rural population. The selection for the grant is done on the basis of projects
LTIMindtree delays onboarding and extends training for assessment. Move will impact 600-700; letter says freshers have no other option but to accept the programme
Adani Gas reduces prices of CNG by Rs 8.13/kg, PNG by Rs 5.06/scm. ATGL also announced a reduction in PNG prices for Industrial and Commercial Consumers by Rs 3.0 per scm its geographical areas (GAs)
UltraTech uses LNG trucks to transport cement as part of ESG initiative. UltraTech is making strides in its commitment to sustainability and decarbonisation of its operations with this second deployment of GreenLine's LNG-powered fleet of trucks
Healthtech platform Practo lays off 41 employees, mostly engineers. The company said in a statement that upholding a high bar for performance and productivity is crucial to maintaining this level of growth
Macrotech adds 12 land parcels in FY23 to build new projects to meet demand. Realty firm Macrotech Developers has added 12 land parcels for the development last fiscal, with an estimated revenue potential of nearly Rs 20,000 crore as it seeks to expand the business to tap rising housing demand. The company had given a guidance of R
NBFC firm REC raises 0 million through issuance of green bonds. State-owned non-banking finance firm REC Ltd on Saturday said it has raised USD 750 million (about Rs 6,138 crore) through issuance of green bonds. The net proceeds from the issue of the bonds will be applied to finance, in whole or in part, the eligible g
Global headwinds to slowdown GDP growth; India resilient: HDFC's Parekh. Global headwinds are likely to slow down India's GDP growth, but the country is more resilient than many large economies, HDFC chairman Deepak Parekh said on Saturday. India has enough tailwinds with political stability, vaccine security, food security, a
Adani Total, Torrent Gas reduce CNG, PNG price after Centre revise prices. Torrent Gas on Saturday said it has cut CNG prices by up to Rs 8.25 per kg and piped cooking gas prices by up to Rs 5 following the government move to reduce input natural gas prices. Torrent Gas has licences to operate city gas networks retailing CNG to a
Airbus deliveries down 11% to 127 jets in Q1, supply chain issues to blame. Airbus last year clawed back two deliveries to reflect Western sanctions on Russia
Tata Motors posts 8% jump in group global wholesales in January-March. Tata Motors on Friday reported an 8 per cent year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR), at 3,61,361 units in the fourth quarter of FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Da
Planning to buy Innova Hycross? Toyota temporarily halts bookings. Toyota Kirloskar Motor on Friday said it has decided to temporarily halt bookings of top trims of its multi purpose vehicle Innova Hycross from April 8, owing to ongoing supply challenges. "We deeply regret to announce the temporary halt of bookings for to
GCPL to invest Rs 100 cr in early-stage consumer startups in India. Godrej Consumer Products Limited (GCPL) on Saturday said they will invest Rs 100 crore in Early Spring, a new Rs 300 crore early-stage consumer fund being set up by Spring Marketing Capital (Spring).
Microsoft rolls out Edge's AI image generator to everyone on desktop. Microsoft has announced that its OpenAI's DALL-E-powered AI image generator is now available on desktop for Edge users around the world.
Temasek buys majority stake in Manipal Health in largest wellness deal. Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value
ChatGPT like alien intelligence but lacks human-like reasoning: Rosedale. Rosedale compared the current state of generative AI to the early days of the internet when there was a lot of excitement, opportunity, and uncertainty about what would happen next, reports ZDNET.
Godrej Consumer to invest Rs 100 crore in early-stage consumer fund. The fund's first round of Rs 150 cr continues to invest in firms at Series A and beyond. The Early Spring Fund will now also invest Rs 5-20 cr in each company, from seed to pre-series A
B2B start-up ElasticRun takes a step back, to focus on core strategy. ElasticRun extends the reach of a brand's direct distribution network to deep rural markets
Coffee Day Enterprises' total default at Rs 436.06 crore in Jan-Mar qtr. Coffee Day Enterprises Ltd (CDEL) has reported a total default of Rs 436.06 crore for the quarter ending on March 31, 2023. Its "total financial indebtedness of listed entity including short term and long term debt" is Rs 461.06 crore, the company stated i
Hindustan Aeronautics launches third assembly line of Tejas jets. HAL also proposes to remove 300 kg of dead weight distributed across the Mark I to balance the fighter evenly
UP govt cancels smart meter tenders of Adani, GMR group companies. Meanwhile, Purvanchal has floated fresh tenders after dividing the districts under its jurisdiction into three clusters instead of just one
Indian startup funding dives 75% YoY to .8 bn in Q1 of CY 2023: Tracxn. Deal values dip sequentially as well; despite this India emerges as second-highest funded nation, behind the US
IKEA Foundation to sustainably upgrade 25,000 health facilities in India. IKEA Foundation along with SELCO Foundation will sustainably upgrade 25,000 primary health facilities in 12 states of the country by 2026. The programme will add 100MW of solar energy capacity, has received initial funding of 48 million Euro from the IKEA
MGL cuts CNG price by Rs 8, PNG by Rs 5 in Mumbai after govt revises price. Gail India subsidiary Mahanagar Gas (MGL) on Friday announced a steep reduction in the retail price of compressed natural gas (CNG) by Rs 8/kg and domestic PNG (piped natural gas) by Rs 5/SCM across its licenced area. The move comes on the heels of the Cen
Adani Wilmar clocks 14% growth in volume in FY23; revenue at Rs 55,000 cr. Adani Wilmar, which is into edible oil and other food businesses, on Thursday said it achieved nearly 14 per cent growth in volume in the last fiscal, helping the company's revenue to cross Rs 55,000 crore. The company's total income stood at Rs 54,327.16
HMSI recalls around 2K CB300R bike units due to manufacturing fault. Honda Motorcycle & Scooter India on Friday said it is recalling around 2,000 CB300R bike units due to a manufacturing fault in the right crankcase cover of the engine. The voluntary recall covers the 2022 model of the CB300R. The company has identified tha
Meta releases AI model 'SAM,' can identify items within photographs. Facebook parent Meta released an artificial intelligence (AI) model that can pick out the different items within the photographs, Fox News reported.
Crisil Ratings upgrades outlook on Jindal Stainless to 'positive'. Jindal Stainless Ltd (JSL) on Thursday said Crisil Ratings has revised its outlook on the stainless steelmaker's long-term bank facilities and debt programme to 'AA' with a positive outlook. The rating agency has revised its outlook in view of the company'
Adani Wilmar's overall oil sales volume drop in Q4 on weaker demand. The company saw smoother supplies of imported edible oils during the quarter with prices cooling off, resulting in higher consumer demand, especially among the rural population
Jefferies taps Barclays's Ashish Jhaveri to help build India M&A team. The hire is part of the US firm's ambition to build an M&A practice in India, where dealmaking has been relatively robust while the business elsewhere slowed to a crawl
Promoter group firms have fully repaid loan against shares, says JSPL. Companies are part of Naveen Jindal group, which is following a deleveraging strategy
First Indian state-backed fund is said close to naming a new CEO. The final decision could be announced as early as this month
HLL Infra Tech Services reports 58% jump in profit to Rs 27.76 cr in FY23. HLL Infra Tech Services Ltd (HITES) has reported a 58 per cent jump in net profit to Rs 27.76 crore in 2022-23 compared to Rs 17.6 crore in FY22 on higher revenue from the infrastructure division, the Health Ministry said on Thursday. The total turnover of
Vedanta arm Zinc International in talks with global banks for .25 billion. Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm
Titan Company's revenue grows by 25% YoY in January-March quarter. Premium brands in watches continued their strong performance with brand Titan and brands in Helios stores registering double-digit growth that were higher than the overall segment
Demand trajectory improved a bit in Q4, green shoots emerged: Dabur. Says some 'green shoots' emerging despite near-term consumption pressure
D-Mart's revenue up by 20.1% to Rs 10,337.12 cr in quarter ending March. The Damani family-promoted retailer had reported a revenue of Rs 8,606.09 crore in the January-March quarter last fiscal, said a regulatory filing from Avenue Supermarts
CCI approves SREI Infrastructure Finance's acquisition by NARCL, IDRCL. Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company Ltd and India Debt Resolution Company Ltd. The deal has been cleared under the green channel route. National A
Delivery firm Dunzo secures mn funding, lays off 30% of staff: Report. According to the report, under the new business model, Dunzo will cut about 50% of its dark stores and run only those that can be profitable or are nearing that threshold
Macrotech sells properties worth Rs 12,064 cr in FY23, sales rise 34%. Realty firm Macrotech Developers' sales bookings rose 34 per cent to a record Rs 12,064 crore in the last fiscal, on better demand despite rise in interest rates on home loans. Mumbai-based Macrotech Developers, which sells homes under the Lodha brand, is
Agri-commerce startup WayCool looking to become Rs 6,000-cr entity by FY25. IFC-backed agri-commerce startup WayCool Foods is looking to become a Rs 6,000-crore entity by FY25, up from Rs 2,000 crore in FY23, driven by its fast-growing food products vertical. Chennai-based WayCool was founded by auto industry veteran Karthik Jayar
Anil Agarwal's -bn chipmaking plant dream at risk as hurdles mount. Winning government funding is key to fulfilling Agarwal's chip dream, given his broader empire is facing intensifying financial strain
Curefoods raises Rs 300 cr in round led by Binny Bansal's investment fund. Cloud kitchen company says it will use financing to expand reach and diversify in offline market
Adani Group aims to boost earnings by 50%, cut debt in next 2 fiscals. The move to accelerate earnings growth is being pegged as a significant move amid the aftermath of the short-seller report by Hindenburg Research
Tata Steel saw record operational performance in FY23: CEO T V Narendran. Tata Steel India reported a record operational performance in the last financial year despite a challenging environment, according to the company's CEO & MD T V Narendran. The company produced 19.87 Million Tonnes (MT) of steel in the last fiscal as again
Vibrant Energy gets over Rs 2,200 cr for its 300MWac wind-solar projects. Vibrant Energy has tied up over Rs 2,200 crore of project financing from state-run Power Finance Corporation (PFC) to build 300 MWac wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy (Vibrant), which develops corporate renewable en
TVS SCS wins UK defence ministry contract for supplying Land Rover spares. Indian company will support the availability and upkeep of the military vehicle
Amazon's .7 billion iRobot purchase faces UK antitrust scrutiny. British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the .7 billion deal. The Competition and Markets Authority said Thursday that it's considering whether the deal will result
Mahindra & Mahindra to bring 40 tractor models under new OJA brand. Mahindra & Mahindra Ltd on Thursday said its tractor division will bring 40 new models under a new brand OJA, built on a lightweight global platform. The Mahindra OJA tractors will focus on both domestic and international markets including the US, Japan an
Alliance, Zuno tie up to provide personal accident covers to Ola drivers. The initiative, which aims to reach 200,000 Ola drivers across the country, has been powered by Alyve Health platform
Nykaa expects BPC biz FY23 revenue growth rates 30%, Q4 performance robust. In its regulatory filing, Nykaa said that in Q4 FY23, against the backdrop of subdued industry growth, Tier 1 consumers have demonstrated sustained consumption
Reliance Retail enters beauty segment with Tira, opens 1st store in Mumbai. Reliance Retail on Wednesday entered into the beauty space with the launch of Tira, an omnichannel beauty retail platform. The country's leading retailer will now compete with the brands like HUL's Lakme, Nykka, Tata and LVMH's Sephora in India's growing b
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