NSE share market NEWS tomorrow (14 February, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 February 2023
Oil India was amongst the top gainers, currently trading at 257.80 in NSE with 1.205 times change in volumes and 6.971% change in price. Other gainers included Upl with 3.788% price change and 5.79 times volumes, Itc with 3.274% price change and 2.942 times volumes, Cyient with 2.974% price change and 4.329 times volumes, and Indian Bank with 2.674% price change and 3.242 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 Green was amongst the top losers, currently trading at 653.65 in NSE with 0.7 times change in volumes and -5% change in price. Other losers included Fsn E with -4.727% price change and 2.789 times volumes, Pb Fintech with -4.428% price change and 0.284 times volumes, Supreme Industries with -3.769% price change and 3.538 times volumes, and 8 20 with -3.564% price change and 1.357 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.
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
NMDC's Q3 consolidated net profit more than halves to Rs 904 crore. State-owned NMDC's consolidated net profit more than halved to Rs 903.89 crore for the December quarter, mainly on account of lower income. The company had clocked a net profit of Rs 2,046.88 crore in the October-December period of the preceding 2021-22 fi
Bharat Forge's net profit falls 81% to Rs 78.72 crore in December quarter. Auto components major Bharat Forge Ltd on Tuesday reported an 81.35 per cent decline in consolidated net profit at Rs 78.72 crore in the third quarter ended December 2022, hit by higher expenses. The company had posted a consolidated net profit of Rs 422 c
Torrent Power's net profit grows 88% to Rs 694.54 crore in December quarter. Torrent Power Limited on Tuesday posted an 88 per cent growth in its consolidated net profit at Rs 694.54 crore for the December quarter on account of higher income. The company had clocked a net profit of Rs 369.45 crore in the October-December period of
Govts must speed up investments in EV charging infra: Volvo Cars. Some customers will hold back from buying EVs due to lack of such infra
Adani group crisis may not have significant financial spillover risks: S&P. S&P Global Ratings on Tuesday said there will not be any significant direct financial spillover risks because of the problems being faced by the Adani group, though there can be some secondary impact such as banks undertaking extra due diligence while givi
Uphold ethical standards or face disciplinary action: AI to cabin crew. Air India has told its cabin crew to uphold ethical standards or face disciplinary action if their actions negatively affect the airline's reputation
Quick commerce firms deliver last-minute Valentine's gifts amid rosy demand. Platforms like Zepto, Dunzo, Blinkit and Instamart have seen huge uptick in demand for Valentine's Day goodies this week
Bata's consolidated net profit rises 15% to Rs 83 crore in December quarter. Footwear maker Bata Ltd on Tuesday reported a 15 per cent increase in consolidated net profit at Rs 83.19 crore in the third quarter ended December 2022. The company had posted a consolidated net profit of Rs 72.32 crore in the same period last fiscal, Bat
Coca-Cola saw strong growth in unit case volumes in India in Oct-Dec. In the Asia Pacific, its unit case volumes declined 1 per cent in the quarter because it saw strong growth in India and Vietnam, the company said
ONGC's Q3 net profit rises 26% to Rs 11,045 crore on high gas prices. Board approves second interim dividend of Rs 4 per share with face value of Rs 5
Viatris deal-related expenses drag Biocon's Q3 net into Rs 42 cr loss. This, even as revenues rise 36% and Ebitda is up 35%
GMR Airports Infrastructure posts Rs 105 crore profit in December quarter. GMR Airports Infrastructure on Tuesday reported a consolidated profit after tax of Rs 104.82 crore in the December quarter, against a loss of Rs 515.34 crore in the corresponding period of the previous fiscal. The revenue from operations during the quarter
Vodafone Idea Q3 results: Net loss widens 10.5% to Rs 7,990 crore. The company lost 5.8 million subscribers sequentially and its user base stood at 228.6 million at the end of the second quarter
Apollo Hospitals Q3 results: Net profit declines 33% to Rs 153 crore. Revenue of existing hospitals grew 9 per cent, while the new hospitals grew by 8 per cent
Industry 4.0: Tatas to invest over Rs 4,200 crore in Uttar Pradesh. The state government has roped in Tata Technologies (TTL) to upgrade 150 government-run industrial training institutes (ITI) and align them to the requirements of Industry 4.0
Air India Boeing purchase will support 1 mn American jobs, says Biden. Air India will purchase 220 planes from Boeing for USD 34 billion, with an option to buy 70 more aircraft that could take the total transaction value to USD 45.9 billion, a deal that US President Joe Biden described as a "historic agreement". While announc
Paytm owner One 97 Communications completes share buyback worth Rs 850 cr. Digital financial services firm One97 Commuications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth Rs 849.83 crore at an average price of Rs 545.93 per share. The company bought back shares in the price rang
Adani stocks rout rattles confidence in local insurer assets, says Bain. A stock rout has wiped 7 billion off the market value of Adani's empire after a scathing report by short seller Hindenburg Research on Jan 24
Adani Group vows to reduce leverage, flagship swings back to profit. The group has been under pressure since the Hindenburg report that accused it of accounting fraud and stock manipulation
Adani hires Grant Thornton for audits after Hindenburg fallout: Report. The appointment marks the first major effort by Adani Group to defend itself in the wake of a Jan. 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation
Adani Group tries to calm investors as Sebi confirms investigation. "We are confident in the continued ability of our portfolio to deliver superior returns to shareholders," Adani Group said in the emailed statement
Twitter's plan to charge for crucial tool prompts outcry from volunteers. In the aftermath of the devastating earthquake in Turkey and Syria, thousands of volunteer software developers have been using a crucial Twitter tool to comb the platform for calls for help including from people trapped in collapsed buildings and connect
Dabur weighs acquisitions to expand across India, SE Asia amid competition. The expansion comes as Dabur faces intensifying competition from deep-pocketed rivals - including global consumer titan Unilever Plc - which are swooping in on upstart Indian brands
Top headlines: Adani hires Grant Thornton, Jio aims 100% 5G coverage. Business Standard brings you the top headlines at this hour
Adani crisis unlikely to spill over to other Indian conglomerates. Adani is an outlier, not representative of India Inc. as a whole," economists Abhishek Gupta, Scott Johnson and Tom Orlik said in their report Tuesday
PTC India December-quarter consolidated net profit up 66% to Rs 104 crore. Power trading solution provider PTC India has posted 66 per cent rise in consolidated net profit at Rs 104.48 crore for December quarter 2022-23. In the year-ago period, the profit was Rs 62.91 crore, the company said in a BSE filing on Monday. Total incom
Served fair: Zomato, Swiggy cap password sharing for loyalty schemes. Members will be able to use their accounts only on two devices as companies aim to plug misuse
Adani Group likely to repay short-term commercial paper debt: Bankers. Two large companies within India's embattled Adani Group are likely to repay their short-term commercial paper (CP) debt as they come due over the next few months.
US-based cloud communications firm Twilio lays off 17% of workforce. US-based cloud communications company Twilio has announced to lay off about 17 per cent of its global workforce amid cost-cutting measures.
Boeing cuts India's aviation mkt outlook to 2,210 new jets over next 20 yrs. India's air traffic has "transitioned from recovery to growth," having returned to 98% of pre-pandemic levels, Boeing said, adding that domestic traffic should double by the end of this decade
Torrent Pharmaceuticals forays into OTC segment with calcium supplement. Torrent Pharmaceuticals on Tuesday said it has forayed into the over-the-counter segment in the country with Shelcal 500, a calcium supplement brand. With its composition of 500mg Calcium and 250 IU of Vitamin D3, Shelcal 500 helps optimise calcium absorpt
HAL has order book of Rs 84,000 cr, another Rs 50,000 cr in pipeline: CMD. The Hindustan Aeronautics Limited has an order book position of Rs 84,000 crore and another Rs 50,000 crore worth of orders are in the pipeline, its Chairman and Managing Director C B Ananthakrishnan said on Tuesday. He also said Argentina and Egypt have e
Adani Enterprises Q3 results: Net consolidated profit at Rs 820 crore. Adani Enterprises Q3 results: The net standalone profit in Q3FY23 was Rs 269.71 crore as compared to a loss of Rs 36.46 crore in Q3FY22
Vrindavan, Bengaluru among most booked Valentine's Day destinations: Report. Average duration of stays increases from last year; people willing to travel on weekdays: OYO
HAL in talks with four nations to sell its light-combat aircraft Tejas. Malaysia has shortlisted the Tejas light fighter jet for an order of around 10 to 20 planes and Argentina, Egypt and Botswana have also expressed interest
Spencer's Retail Q3 loss widens to Rs 61.75 cr, impacted by higher expenses. RP Sanjiv Goenka Group firm Spencer's Retail Ltd on Tuesday reported widening of consolidated loss after tax at Rs 61.75 crore for December quarter 2022-23, impacted by higher expenses. The company had posted a loss after tax of Rs 26.77 crore for the same
Twitter again delays roll-out of its paid API platform by few more days. Elon Musk-run Twitter has announced that the launch of its new paid API (Application Programming Interface) platform will be delayed by a few more days.
AI asks cabin crew not to indulge in conduct that impacts airline's image. Tata Group-owned Air India has asked its cabin crew to adhere to the standards of ethics and warned of disciplinary action in case their conduct directly impacts the airline's image, according to a source. In a communication to its cabin crew members on Mo
Digital lending firm Lentra enters Indonesia, Philippines, Vietnam. Company aims to reach 0 mn in annual recurring revenue by March 2024 in South East Asia nations
Over 25% of unicorns in India have been set up by repeat founders: Report. This expertise is what helped India become the third nation to have 100 unicorns, including the 24 that emerged in 2022
PhonePe raises 0 mn in additional funding at bn valuation. This follows 0 million in capital from General Atlantic as a part of an ongoing fundraise with a target of raising up to billion in all
Bengaluru, Mumbai top locations for jobs in Q4FY23: TeamLease study. Nearly 97 per cent of employers surveyed across the top two cities have shown increased hiring intent in their sectors, the report says
Ford to cut 3,800 jobs over next 3 years in Europe, mostly in Germany, UK. Ford said Tuesday that it will cut 3,800 jobs in Europe over the next three years in an effort to streamline its operations as it contends with economic headwinds and increasing competition on electric cars. The automaker said that 2,300 jobs will go in Ge
Bosch's India unit reports 36% jump in profits, warns of "challenging 2023". Bosch Ltd, the Indian unit of German automotive supplier Bosch, on Tuesday warned of a "challenging 2023" amid growing fears of recession, after reporting a 36% jump in third-quarter profit.
ONGC Videsh to increase spending by 65% in FY24 to push overseas operations. Latin America, Africa, and Russia are expected to play key roles in helping OVL achieve its long-term production targets
Higher govt capex help infra companies clock 17-20% revenue growth: Report. Higher government spending on infrastructure in FY24 will propel engineering, procurement, and construction companies to hit revenue growth of 17-20 per cent, taking their profit to the pre-Covid level, a report said on Tuesday. In the Budget 2023-24, the
India a bright spot for investments despite current volatility: Blackstone. Investors alarmed over recent events, but Blackstone's investments are safe, says president and COO
Eicher Motors Q3 results: Profit rises 62.4% on higher motorcycle sales. Total expenses rose 24.4% to 30.06 billion rupees, led by a 39% increase in the cost of raw materials and components
Start-up InsuranceDekho raises 0 mn in funding for expanding business. Company will use money to improve technology, enter new markets and launch products in health and life categories
Debt-ridden Jaypee Infratech Dec quarter net loss widens to Rs 601 crore. Debt-ridden Jaypee Infratech Ltd, which is undergoing insolvency resolution, on Monday reported widening of its consolidated net loss to Rs 601.24 crore for the third quarter of this fiscal. Its net loss at stood Rs 540.03 crore in the year-ago period. Tot
Japan's NTT says planning Rs 2,000 cr investment in Bengal data centres. Company has committed investing billion in India, plans more data centres
YES Bank moves SC against Bombay HC ruling on AT1 bond write-off. The HC had given the bank six weeks' time to challenge the order in the apex court
Zee Entertainment Dec quarter profit plummets 92% as ad spends shrink. Zee Entertainment Enterprises reported a 92% slump in quarterly profit, hurt by shrinking advertisement spending and a rise in expenses
Power Finance Corporation net profit rises 7% to Rs 5,241 cr in Dec quarter. State-owned Power Finance Corporation (PFC) on Monday posted a 7 per cent rise in its consolidated net profit at Rs 5,241.10 crore in the December quarter, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 4,893.91 cr
Boeing plans new logistics centre in India amid major aircraft order. Boeing Co plans to invest about million in India to set up a logistics centre for airplane parts
M&A deals jump by 40% to 3 bn in 2022, aided by bn HDFC merger. The USD 57-billion HDFC-HDFC Bank deal helped the overall merger and acquisition activity in the country rise by 40 per cent to reach USD 163 billion in 2022, a report said on Monday. Strategic deals like the one involving the HDFC twins accounted for a bu
Nykaa Dec quarter profit plunges 71% to Rs 8.48 crore; revenue rises 33%. Beauty and fashion firm FSN E-Commerce Ventures, which operates under the Nykaa brand, posted a 70.75 per cent drop in consolidated profit to Rs 8.48 crore for the third quarter ended December, mainly on account of investment in retail stores. The company
Hindenburg row: Adani group reassures investors as stocks plunge further. Says business plans "fully funded" after reports about revenue target cut and capex halt
Kalanithi Maran can encash Rs 270 cr bank guarantee in SpiceJet dispute: SC. Court orders SpiceJet to deposit Rs 75 cr in drawn-out dispute over airline's acquisition
Velocity launches India's first ChatGPT-powered AI chatbot 'Lexi'. Homegrown financial technology firm Velocity on Monday launched India's first AI chatbot integrated with OpenAI's ChatGPT, called "Lexi".
NLC India reports consolidated loss at Rs 396 crore in December quarter. NLC India Ltd on Monday reported a consolidated loss of Rs 396.35 crore for the quarter ended on December 31, 2022. The company had posted a consolidated profit of Rs 229.88 crore in the corresponding quarter of previous fiscal, NLC India said in a regulat
Rolls-Royce offers engine co-creation for medium fighter. 'We are keen to partner India for co-development of combat engine technology in the country. We believe that such a partnership should result in the transfer of both know-how & know-why', says company
Financial services firm KFin Technologies reports 79% profit growth in Q3. Total income rises 14% to Rs 194 crore while expenses declined 4.8% to Rs 123 crore
Apply for Maharashtra licence in 3 weeks, Supreme Court tells Uber. State govt asked to frame policy; officials say all cab aggregators will need licences
T-Hub, Suzuki Motor pact to help Indian start-ups access Japan's ecosystem. T-Hub, an innovation hub and ecosystem enabler on Monday announced its partnership with Suzuki Motor Corporation (SMC), a leading corporation in the automobile sector to accelerate the growth of the Indian start-up ecosystem. A press release from T-Hub sai
SAIL's net profit falls by 65% to Rs 542 crore in December quarter. State-owned SAIL on Monday posted around 65 per cent fall in its consolidated net profit at Rs 542.18 crore in the December 2022 quarter, on account of higher expenses. The company had clocked a net profit of Rs 1,528.54 crore in the October-December perio
Sebi probing Hindenburg Research allegations against Adani Group. SC hearing: Govt agrees to form expert panel to strengthen regulatory regime
Castrol India reports PAT at Rs 193 crore in October-December 2022. Lubes maker Castrol India on Monday reported its profit after tax at Rs 193 crore in the October-December quarter of 2022. The company had reported a PAT (profit after tax) of Rs 189 crore in the corresponding quarter of the preceding year. The company fol
5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin. Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup'
Srei insolvency: Kanorias' offer under section 12A to pay off dues rejected. Srei administrator Rajneesh Sharma has rejected the group promoters' offer under section 12A of Insolvency and Bankruptcy Code (IBC) to pay off dues of around Rs 32,000 crore to creditors to withdraw their companies from the ongoing insolvency process, sou
CCI approves acquisition of real estate assets by Nexus Select Trust. Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select Trust. Nexus Select Trust is a Sebi-registered real estate investment trust (acquirer REIT) and is backed by global investment firm Blacksto
IRB Infra December quarter net profit almost doubles to Rs 141 crores. IRB Infrastructure Developers Ltd on Monday reported a 94.49 per cent jump in its consolidated net profit to Rs 141.35 crore for the quarter ended December 31, 2022. The company had clocked a net profit of Rs 72.68 crore during the year-ago quarter, IRB I
India's Landmark Cars profit jumps by 37% in first earnings since listing. Indian luxury auto dealer Landmark Cars reported a 37% jump in quarterly profit in its first earnings report since going public, driven by the strong demand for premium cars
GMR Power and Urban Infra posts net profit at Rs 361 crore in Dec quarter. GMR Power And Urban Infra Ltd on Monday reported its consolidated net profit at Rs 360.53 crore in the quarter ended December 31, 2022. The company had posted a consolidated net loss of Rs 558.41 crore in the corresponding quarter of previous fiscal, GMR P
Hindenburg effect: Adani Group cuts revenue growth target, capex amid rout. Holding back on investments for even as little as three months could save the conglomerate as much as bn- funds that can be deployed to pay down debt or boost the cash pile, said another person
Vodafone Idea in talks with banks to refinance Rs 3-4k crore loans. This is expected to free up some cash for Vodafone Idea which needs to pay urgently to Indus Towers, Nokia and Ericsson
DBS says not concerned about exposure to Adani group amid Hindenburg rout. DBS Group has a tightly managed exposure to India's troubled Adani group of companies, the CEO of Southeast Asia's largest bank said on Monday
Infosys Foundation partners with Karnataka govt, rebuilds 100-bed hospital. This initiative aims to provide quality maternity and childcare to help the underprivileged, advancing the Foundation's commitment towards rural development, and to provide better health infra
HAL hands over advanced light helicopter to Mauritius ahead of schedule. "HAL would provide all the necessary technical, logistic, and maintenance support for ALH helicopter in Mauritius," the PSU said in a statement
Garuda Aerospace raises mn, aims to sell 25,000 drones in next 18 mnths. A part of the funds will be used for R&D to accelerate the development of building advanced drone solutions for the armed forces, in collaboration with global companies for the defence and aerospace
Hoax bomb call at Google office in Pune; caller held in Hyderabad. Google company's office in Maharashtra's Pune city was briefly put on alert after it received a call about a bomb in the premises which later turned out to be a hoax, police said on Monday. A man, who allegedly made the call in an inebriated state, has bee
JSW Steel crude steel output surges 15% to 1.89 mn tonnes in January. JSW Steel on Monday reported a 15 per cent rise in crude steel production at 18.91 lakh tonnes in January. The company's crude steel production was at 16.46 lakh tonnes (LT) in January 2022, JSW Steel said in a regulatory filing. "JSW Steel reported highes
Renault, Nissan to invest 0 million to expand lineup, add jobs in India. The two will produce six new vehicles in the South Asian nations- including two electric cars - for domestic and international customers
Drone start-up Garuda raises mn in series A funding from SphitiCap. Company will use money to expand operations, research, and to train drone pilots
Kerala govt to raise Rs 400 cr for Adani Ports as part of Vizhinjam pact. Kerala will have to provide Adani Ports Rs 400 crore when 30 per cent of the breakwater is completed and they have been knocking on the doors of the government for a while
Google starts new campaign to expand misinformation 'prebunking' in Europe. After seeing promising results in Eastern Europe, Google will initiate a new campaign in Germany that aims to make people more resilient to the corrosive effects of online misinformation. The tech giant plans to release a series of short videos highlightin
NCLT directs Insolvency proceeding against Zee Learn, after Yes Bank's plea. The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Zee Learn, following a petition filed by private sector lender Yes Bank Ltd. Yes Bank Ltd (YBL) had claimed a default of Rs 468.99 crore by the Essel Group com
IndiGo restores pilots' increments amid financial turnaround, Q3 profit. Airline made net profit of Rs 1,422 cr in Q3FY23, after three consecutive quarters of loss
Brigade Enterprises sells properties worth Rs 2,618.5 cr in Apr-Dec FY23. Realty firm Brigade Enterprises has sold housing and commercial properties worth Rs 2,618.5 crore during the first three quarters of 2022-23 fiscal, up 31 per cent from the year-ago period, on better demand and higher price realisation. Bengaluru-based Bri
Alliance Group firm Urbanrise buys 96.5 acre land from Reliance Capital. Realty firm Urbanrise, an Alliance Group company, has acquired a 96.5 acre land parcel at Tambaram, Chennai from Reliance Capital and will invest Rs 3,600 crore to develop a township project. The company said in a statement that it will develop a mega town
Bajaj Hindusthan Sugar posts net loss of Rs 58.36 crore in December quarter. Sugar major Bajaj Hindusthan Sugar Ltd on Monday reported a consolidated net loss of Rs 58.36 crore in the third quarter of this fiscal year on higher expenses. Its net loss stood at Rs 164.53 crore in the year-ago period. Total income rose to Rs 1,433.54
Apple supplier Salcomp sees India revenue of - bn, plans rapid hiring. The plans come as Apple shifts production away from China after its strict COVID-related lockdowns and restrictions, and with rising trade and geopolitical tensions between Beijing and Washington
575 small firms hiring employees laid off by tech giants: Report. India third in global tech-hiring geographies; USA and European Union lead
Highest-ever quarterly revenue by Essar Oil in Q3 as CBM output doubles. The company reported 100% offtake of gas through GAIL's Urja Ganga pipeline
Adani Enterprises Q3 results tomorrow: Know about its past performance here. Adani Enterprises has been in the spotlight since January 24 when the US-based short-seller Hindenburg Research released a report stating that its shares are overvalued
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