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NSE share market NEWS tomorrow (16 February, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 February 2023

Bharat Dynamics was amongst the top gainers, currently trading at 901.80 in NSE with 9.258 times change in volumes and 12.711% change in price. Other gainers included Pi Industries with 8.171% price change and 1.233 times volumes, Solar Industries with 7.56% price change and 3.991 times volumes, Hindustan Aeronautics with 7.365% price change and 4.83 times volumes, and Apl Apollo with 7.293% price change and 2.702 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.

Interglobe Aviatio was amongst the top losers, currently trading at 1897.25 in NSE with 4.34 times change in volumes and -4.471% change in price. Other losers included Macrotech Developers with -3.879% price change and 9.294 times volumes, Idea Cellular with -3.226% price change and 2.592 times volumes, Bond 8 with -2.852% price change and 0.348 times volumes, and Fsn E with -2.763% price change and 1.897 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 electric scooter maker Ather installs over 1000 fast-charging units. The Ather Grid App allows scooter owners to locate and check the availability of the nearest charging stations in real-time

Hindustan Zinc to talk to mines ministry to acquire Vedanta's assets. Hindustan Zinc is planning to get in touch with the mines ministry to resolve the differences over the acquisition of overseas assets of holding company Vedanta Ltd, Hindustan Zinc CEO Arun Misra said. Valuation of the assets is among several concerns flag

Luxury carpet brand Obeetee eyes Rs 1,000 crore turnover in FY24. While Obeetee operates at the high-end, Chatterjee believes that there will be opportunities for players across the segments

US is going to see a muted growth, not recession in 2023-24: Tech Mahindra. Revenue from Americas was 47.9 per cent in fiscal 2021-22, as compared to 47.5 per cent in fiscal 2021

92% recruiters optimistic about hiring in H1CY23: Naukri.com report. Recruiters foresee maximum layoffs for senior professionals, with 20% of recruiters predicting the same. Freshers are expected to be least impacted by hiring corrections

Biggest corporate bond deal: HDFC raises Rs 25,000 crore via NCDs. ICICI, Axis, HDFC Bank, ICICI Securities Primary Dealership arranged the deal

Renewable energy firms missing deadlines to be blacklisted for 3-5 years. Senior executives, however, pointed out that the encashment of bank guarantee in case of default was always part of the tender document issued by central government agencies

Ambuja Cements declared preferred bidder for limestone block in Odisha. An e-auction was conducted by the Odisha government for the Uskalvagu limestone block, situated in Malkangiri district, and spread over an area of 547 hectares, the company said

Adani says appointment of Grant Thornton as auditor 'market rumour'. Adani group's flagship firm on Thursday termed as 'market rumour' reports of the embattled group hiring Grant Thornton to audit books in the aftermath of the Hindenburg crisis. In a stock exchange filing, Adani Enterprises said the reports "appears to be a

Adani Green to disclose refinancing plan after fiscal year ends: Source. Adani and two of its main subsidiaries, including Adani Green, caught up in a short-selling storm in recent weeks are holding calls with bond investors on Feb. 16 and Feb. 21

Adani Group aims to tackle debt deadlines with cash, private notes. The management said on the call it was seeking to cut the group's net debt to below three times Ebitda (earnings before interest, taxes, depreciation, and amortization) next year

Mobile user base dips for fourth month in a row, shows Trai data. Users have reduced by 0.6 million,1.82 million and 3.66 million in the three months since September

Indian Oil clarifies on Adani Gas deal after public scrutiny: Report. An Indian Oil spokeswoman said on Thursday that the agreement with Adani was signed very recently and there was no commitment on capacity use

MSCI delays index weighting changes for two Adani companies to May review. The reversal of the updates to Adani Total Gas and Adani Transmission in the February index review will be reflected in the MSCI Index Product files starting from Feb. 16, MSCI said

S&P puts Adani Transmission's ESG rating under review on governance issues. Will closely monitor developments, including any investigations by the Indian regulators and any additional disclosures by the Adani group, S&P said in a statement

Surf Excel becomes first Indian home care brand to top bn annual sales. With a total sales of Rs 8,200 crore in 2022, Surf Excel also became HUL's first brand to reach the milestone

SingTel Q3 profit rises 18.2% from partly-owned Airtel's strong performance. Singapore Telecommunications on Thursday posted an 18.2% jump in third-quarter underlying profit, driven by stronger performance of its partly-owned Bharti Airtel

Borrowing blitz makes Adani's empire even more vulnerable amid worst crisis. The conglomerate, with businesses stretching from ports to renewable energy, tapped international bond buyers for more than billion in recent years

Bharat Forge Ltd signs MoU with Paramount group at Aero India 2023. BFL and global aerospace and technology company, Paramount Group have signed a MoU for the development and production of Composite Rotor Blades, Mission Systems and Stores Management systems.

Air India order for 840 planes, with 370 as options: Airline executive. It is the world's largest single-tranche aircraft order; Airbus A350 deliveries begin this year

Temasek in talks to buy stake in India's Cloudnine hospital chain: Report. Singaporean sovereign fund Temasek Holdings is in advanced talks to buy a minority stake in Cloudnine Hospitals, valuing the Indian hospital chain at Rs 30 billion (2.7 million)

Air India may find it cheaper to buy jets, thanks to Tata's credit profile. On the strength of its excellent financial track record, Tata Group was able to secure Power-By-Hour (PBH) agreements with engine manufacturers GE and Rolls Royce

Adani Power's Rs 7000 crore deal to buy DB Power assets falls through. Adani Power Ltd's Rs 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. "We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired," Adani Power said

Adani Group to consider privately placed bond offerings for 3 subsidiaries. If it moved ahead with any offering and was able to secure investors, it could be the first debt issuance for Adani since shortseller Hindenburg Research alleged fraud and stock manipulation

Nestle India Q4 profit up 65.5% at Rs 628 cr, sales rise 14% to Rs 4,233 cr. FMCG major Nestle India Ltd on Thursday reported an increase of 65.50 per cent in its net profit at Rs 628.06 crore for the fourth quarter ended December 31, 2022. The company, which follows the January-December financial year, had posted a net profit of R

80% of Wipro's employees will get 87% variable pay for the third quarter. Wipro has proposed to pay 87 per cent of the variable pay component to over 80 per cent of its workforce, according to a communication in the company's internal email

Adani Group denies reports of hiring Grant Thornton for audits amid crisis. Adani Group | Grant Thornton: Media reports suggested that embattled Adani Grpup had appointed accountancy firm Grant Thornton for an independent audit of a few of its companies in a bid to come clean

Ambuja declared as preferred bidder for Uskalvagu limestone block in Odisha. Ambuja Cements Ltd, a part of Adani Cement on Thursday said it has been declared as the 'preferred bidder' for the Uskalvagu limestone block in Odisha. An e-auction was conducted by the Odisha government for the block, situated in Malkangiri district, Ambu

Web development firm Wix lays off 370 workers in 2nd round of job cuts. Israeli cloud-based web development services company Wix has laid off 370 employees in a second round of job cuts, most of them in the customer service department in the US.

62% of firms in India want to hire freshers in the first half of 2023. This is nearly 4.5 times higher than the global average of 14 per cent

Agreements with 26 cos signed under PLI scheme for specialty steel: Scindia. Agreements have been signed with 26 companies for 54 applications under the production linked incentive (PLI) for specialty steel, Union Steel Minister Jyotiraditya M Scindia said on Thursday. The minister made the remarks at the Global Zinc Summit 2023 in

Blinkit starts new feature allowing brands to have customised stores on app. Sellers on instant-delivery platform can track performance of products, highlight them

Dec quarter net up 65%, Nestle announces final dividend of Rs 75 per share. The company board has announced April 21, 2023, as the record date to determine the entitlement of the members to the final dividend for the year 2022

Tata Steel signs MoU with CBRI for sustainable mining solutions on Tuesday. Tata Steel and Central Building Research Institute (CBRI), a constituent of the Council of Scientific and Industrial Research (CSIR), signed an MoU to collaborate on research, academic growth, and sustainable solutions in mining. The MoU was signed by D B

Ather Energy aims to install 2,500 charging stations by this year-end. Electric two-wheeler maker Ather Energy on Thursday said it plans to install over 2,500 charging stations by this year-end to facilitate a hassle-free transition to EVs. The company has already installed over 1,000 fast charging stations across 80 cities i

Akasa Air to place large plane order in 2023, eyes international growth. The new order will be for narrowbody planes, said Akasa's co-founder, a former chief executive of now-grounded, bankrupt full-service carrier Jet Airways

Nestle India Q4 profit up 65.5% at Rs 628 cr, credits 'robust demand'. Domestic sales of the maker of Maggi noodles and KitKat chocolates were up 13.9%

Byju's in funding talks with TPG, West Asian sovereign funds as debt weighs. Negotiations are ongoing and it's unclear if the prospective investors will go ahead with a deal, the people said, who asked not to be identified as the information is private

India set to blacklist renewable power generation companies for delays. -India will blacklist renewable power companies for three-to-five years if they do not meet project completion deadlines, a government order seen by Reuters shows

60% private insurers register significant rise in fraud: Deloitte survey. About 60 per cent of Indian private insurers believe there has been a significant rise in insurance-related frauds, and as risks lurk there is an immediate need to consider a proactive fraud risk management framework, a Deloitte survey said on Thursday. In

Adani Group firms end on mixed note, Adani Wilmar up 5% on weekly closing. Shares of Adani Group firms ended on a mixed note on Thursday after rallying in the morning trade amid volatile trend in the broader market. Adani Wilmar stock climbed 5 per cent, NDTV rallied 4.99 per cent, Adani Power jumped 4.97 per cent, Adani Ports ad

Fyn Mobility partners Exponent Energy to roll out 1,500 electric vehicles. Electric vehicle ecosystem platform Fyn Mobility on Thursday said it has partnered with Exponent Energy to roll out 1,500 Altigreen manufactured electric three-wheelers, which could be fully charged in 15 minutes. The new fleet of Altigreen's three-wheeler

Unicorn club: Here's the complete list of 100-plus start-ups in India. Bengaluru-based neo-bank platform 'Open' became India's 100th unicorn in May 2022

Street concerns over global slowdown weighs on Bharat Forge stock. Management guidance is that Class 8 truck demand remains steady and the company has order to fulfil till end of next fiscal

udaanCapital disburses Rs 4000 cr in supply-chain financing to MSMEs. The fintech says it is uniquely positioned to tap the 0 billion working capital opportunity in this space

Adani Group hires banks to hold meetings with fixed-income investor. Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-term liquidity requirement

With Air India's A350 order, Rolls-Royce makes a comeback in engine market. Currently, the Rolls-Royce-powered fleet of Indian airlines consists of five Embraer ERJs of Star Air and six Boeing 757s of Blue Dart

Adani says will complete infra projects on time, focused on financials. Adani Enterprises has strong corporate governance, secure assets and cash flows: Executive

NTPC plans to raise up to 0 million term loan in JPY denomination. State-owned power giant NTPC plans to raise term loan of USD 750 million (about Rs 6,213 crore) in Japanese Yen (JPY) denomination to finance its capital expenditure on new and ongoing projects. The company has sought bids for the JPY loan, which is to be

Mufin raises million in green bond from Symbiotics Investments. Electric vehicle financing firm Mufin said on Wednesday it has raised USD 7 million (around Rs 58 crore) in green bond from Symbiotics Investments. With the issuance of this green bond, the company plans to strengthen its retail EV portfolio for two- and t

Aero India 2023: Rajnath Singh lauds 'new energy' of defence start-ups. Innovation aided by Make in India that prioritised local procurement, says tech firm Zeus Numerix

Psychological safety ​key performance indicator, crucial for India Inc. According to a new report, 34% of the surveyed employees feared burnout, 25% feared failure at psychologically unsafe workplaces

Most of Adani group firms close higher; Adani Enterprises rises 1%. Most of the Adani group stocks closed higher with the flagship Adani Enterprises settling higher by 1 per cent on Wednesday, a day after the conglomerate asserted that its balance sheet is "very healthy". At close, six of the group firms were in the green

Sebi introduces issue summary document for filing IPO papers in XBRL format. Sebi on Wednesday introduced the issue summary document for filing papers pertaining to IPO and for further issue of securities in XBRL format, a move that will help provide data to stakeholders in a structured manner. This is part of the capital markets r

Hindustan Aeronautics' Dhruv choppers to get monitors to dodge obstacles. The agreement, announced at the Aero India 2023, includes transfer of intellectual property (IP) for the design and manufacture of the OAS for Indian helicopters and potential future exports

Indian advertising market to grow 16% in 2023: Pitch Madison report. Second forecast after GroupM's to project double-digit advertising growth; digital biggest advertising category

With 33% market share, Maruti eyes top slot in SUV space by FY24. At the moment, Tata Motors, Hyundai Motors India and Mahindra and Mahindra lead the SUV market

Lufthansa resumes operations after IT issues grounded hundreds of flights. Deutsche Lufthansa AG is returning to normal flight operations after widespread software problems linked to damaged Deutsche Telekom AG broadband cables grounded hundreds of planes

MTNL's consolidated loss widens to Rs 775.5 crore in December quarter. State-owned MTNL on Wednesday posted a widening of consolidated loss at Rs 775.5 crore in the third quarter ended on December 31, 2022. The company had posted a loss of Rs 659.28 crore in the year-ago period. The consolidated revenue from operations of MTN

Need to make investments to improve cash flows: Vodafone Idea CEO. Debt-ridden telecom operator Vodafone Idea needs funding to make investments and vendor dues will be cleared once it starts generating cash from the investments, a top official of the company said on Wednesday. Vodafone Idea (VIL) CEO Akshaya Moondra durin

18% of Indian startups have at least one woman founder: Nasscom report. The Nasscom report reflects on the rising presence of women in Indian start-up ecosystem

IndoStar Capital Chief Executive Deep Juggi quits after short stint. Company elevates Chief Risk Officer K Srinivasan as CEO

Rolls-Royce announces order of Trent XWB-97 engines from Air India. British engineering company Rolls-Royce on Tuesday announced that it has received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more. The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines. Air India

ESG's most influential gatekeeper MSCI readies verdict on Adani Group firms. MSCI Inc. will release the results of a quarterly review for its ESG and climate indexes this week, the first since a short-seller attack on the Adani Group triggered a 0 billion selloff

Like Google, Apple may now be asked by CCI to change app store policy. In December 2021, CCI had initiated a probe into Apple's policies following allegations by Together We Fight Society about its high commission and lack of third party options

Aditya Birla Group looking to raise funds for Vi at promoter level: Report. The group is reportedly looking to raise long-term debt for ailing telco Vodafone Idea (Vi) and use preferential share allotment as the route

Top headlines: AI seals largest plane deal, MSCI readies verdict on Adani. Business Standard brings you the top headlines at this hour

How secret talks in London led to Air India's gigantic plane order. On Tuesday, Air India provisionally agreed to acquire almost 500 jets from Airbus and Boeing to take on domestic and international rivals

Russia price caps spur India interest in naphtha, fuel oil, but not diesel. India's interest in ramping up Russian oil products imports comes after the world's third largest crude importer became Moscow's top oil client after China as the West shunned supplies from Moscow

Reliance JioMart shuts its 90-minute delivery service 'Express': Report. Now, JioMart is asking users to use WhatsApp to order groceries for a delivery time of a few hours to a day

TVS Motor in talks with ADIA, Goldman, Carlyle for EV investment: Report. The 0 million to 0 million investment would value TVS at about billion to .5 billion, likely making it India's most valuable EV two-wheeler manufacturer, ET said

Vedanta cuts net debt by billion in FY23 as funding woes linger. Vedanta Resources Ltd. has achieved half of its three-year planned reduction commitment of billion in the first year, the London-based company said in an exchange filing

BEL, GSL ink pact to address global market opportunities in Naval platforms. Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Goa Shipyard Limited (GSL) for co-operation in addressing global market opportunities for supply of state-of-the-art products such as autonomous boats, and other systems / solutions b

Ford halts production, shipments of electric truck due to battery issue. US automaker Ford has stopped the production and shipments of its electric F-150 Lightning pickup owing to a battery issue.

Roomba vacuum maker iRobot to lay off 7% of workforce as revenue sinks. Robot vacuum cleaner maker iRobot has announced to cut around 7 per cent of its workforce or about 85 employees.

Govt to try merging BSNL & MTNL again, appoints Deloitte as advisor: Report. Given the complexity involved in the merger, it will take about two years to complete the whole process

HAL inks pact with RPM on cooperation in chopper emergency medical services. The Hindustan Aeronautics Limited (HAL) and Response Plus Holding PJSC (RPM) will explore new opportunities for cooperation in the areas of emergency medical services, medical evacuation, helicopter emergency medical services (HEMS) and other mutually-bene

Global sandwich chain Subway explores sale of business after 60 yrs: Report. A sale of the company could value it at more than bn, according to the Wall Street Journal, which first reported the story

Hindustan Aeronautics Ltd to provide MRO support for GA-ASI's MQ-9B engines. State-run aerospace behemoth Hindustan Aeronautics Ltd (HAL) will provide maintenance support services for engines of American MQ-9B Remotely Piloted Aircraft System, considered one of the most sophisticated armed drones globally, for their operations in I

Cement demand climbs up, not unusual profitability for Indian cos: Moody's. The infrastructure led investments in India will drive up the demand for cement and other building materials, said Moody's Investors Service in a report.

Paytm Payments Bank goes live with UPI LITE to boost small UPI transactions. Paytm Payments Bank Limited (PPBL) on Wednesday said it has gone live with UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for multiple small UPI transactions.

Maruti Suzuki ties up with SMAS Auto to boost vehicles subscription. Maruti Suzuki India on Wednesday said it has partnered with SMAS Auto Leasing India Pvt Ltd to enhance its vehicles subscription programme. SMAS is the fifth partner to offer a range of the company's vehicles on white plate subscription, wherein the vehicl

Metals company Manaksia posts Rs 62 cr net profit in December-qtr. Metals company Manaksia Limited has returned to black posting a Rs 62 crore net profit in the December quarter, mainly on account of higher income. The company had posted a net loss of Rs 65 lakh in the October-December period of the preceding 2021-22 fisc

No refinancing, liquidity issues, says Adani to calm jittery investors. Adani has rejected the concerns in detailed rebuttals of the Hindenburg report's allegations and criticism that it had unsustainable debt

India now has nearly 27K active tech startups, added 1,300 last year. India added over 1,300 active tech startups last year, taking the total tally of active tech startups to 25,000-27,000, a Nasscom report said on Wednesday.

Shell, Microsoft join hands to provide digital skills to non-IT students. Shell and Microsoft announced a collaboration to impart digital skills to students in vocational education institutions as part of their joint commitment to equip workforce with future-ready skills.

India added 1,300 active tech start-ups in CY2022, taking tally to 27,000. The country also added the second highest number of Unicorns, at 23 in CY2022, according to a Nasscom-Zinnov report

Ola Electric to have 500 experience centres for customers by March. Outlets manage post-sales care and maintenance of company's electric scooters

In talks with vendors for 5G rollout: Vodafone Idea CEO Akshaya Moondra. The telco currently owes Rs 41,300 cr in license fees and spectrum usage charges to govt

Hero MotoCorp looks to ramp up export contribution to overall revenues: CFO. Hero MotoCorp expects exports to contribute at least 10 per cent to the overall revenue pie in the medium to long term while aspiring to grow faster than the industry in the domestic market in next fiscal year, according to company's CFO Niranjan Gupta. At

Moody's affirms Baa1 rating for TCS, Infosys, sees growth slowing in FY24. IT services companies expected to maintain businesses growth and market position

Jagan lays foundation stone for Rs 8,800 crore JSW steel plant in AP. Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday laid the foundation stone for JSW Group's proposed steel plant at Sunnapurallapalle village in YSR Kadapa district. In the first phase, JSW steel will invest Rs 3,300 crore in the proposed pla

HBL Power Systems to invest up to Rs 150 cr in defence imaging firm Tonbo. Tonbo India manufactures imaging systems for surveillance, reconnaissance and targeting

Indian Overseas Bank launches electronic bank guarantee scheme. Public sector Indian Overseas Bank has launched the facility of issuance of e-BG (Electronic Bank Guarantee) scheme in association with the National e-Governance Services Ltd, the bank said on Wednesday. The e-BG is an instrument issued by the city-headqua

Electric vehicle manufacturer EKA Mobility bags order of 310 electric buses. With this order, EKA Mobility's order book has grown significantly, with more than 500 electric buses and over 5,000 electric light commercial vehicle orders in the pipeline

Siemens posts 85% rise in consolidated net profit at Rs 462 crore. Siemens Ltd on Tuesday posted 85 per cent rise in consolidated net profit at Rs 462.7 crore for December quarter on the back of higher revenues. In the year-ago period, net profit of the company was Rs 250 crore, as per a BSE filing. The company follows Oc

Zomato chief delivers pep talk on Twitter amid string of high-profile exits. Says more than 200 staffers have spent over seven years at the company; Many are on their second (and third) stint, and have been around since 2011 or 2012

Grasim Q3 PAT up 44% to Rs 2,516 cr on strong show by Ultretech, AB Capital. Revenue rises 17% to Rs 28,638 cr; cheaper imports from Indonesia create pressure on domestic prices

Coca-Cola says Q4 demand strong despite higher prices, revenue up by 7%. Coca-Cola raised prices to offset inflation and on Tuesday, it said that it didn't dent demand for its drinks during the fourth quarter. Revenue rose 7 per cent to USD 10.1 billion, slightly ahead of Wall Street forecasts, according to analysts polled by F

ONGC Dec quarter consolidated profit jumps 26% on higher oil, gas prices. State-owned Oil and Natural Gas Corporation (ONGC) reported a 26 per cent jump in its third quarter net profit on the back of a rise in oil and natural gas prices. Net profit of Rs 11,044.73 crore, or Rs 8.78 per share, in October-December compared with Rs

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NSE share market NEWS tomorrow (16 February, 2023). NSE stocks in NEWS (tomorrow)

 

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