NSE share market NEWS tomorrow (10 February, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 February 2023
Aurobindo Pharma was amongst the top gainers, currently trading at 468.85 in NSE with 4.732 times change in volumes and 6.327% change in price. Other gainers included Indus Towers with 5.395% price change and 2.125 times volumes, Cg Power with 5.266% price change and 2.81 times volumes, Kpit Technologies with 4.674% price change and 1.359 times volumes, and Pg Electroplast with 4.011% price change and 3.9 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.
One 97 was amongst the top losers, currently trading at 650.55 in NSE with 1.041 times change in volumes and -7.848% change in price. Other losers included Kaynes Technology with -5.013% price change and 2.222 times volumes, Adani Green with -4.998% price change and 0.439 times volumes, Lupin with -4.804% price change and 2.291 times volumes, and Astral Poly with -4.364% price change and 3.449 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.
17.64% of exclusive POCSO cases reported conviction: Centre tells Lok Sabha. Conviction was reported in nearly 18 per cent cases in which the accused were booked under the The Protection of Children from Sexual Offences Act, the government told Lok Sabha on Friday citing a third party evaluation. In a written reply in Lok Sabha, La
Reddit hacked after sophisticated, highly-targeted phishing attack. Online discussion forum Reddit on Friday confirmed that its systems were hacked as a result of a sophisticated and highly-targeted phishing attack.
Glenmark Pharma December quarter PAT rises by 21.3% to Rs 290.8 crore. Glenmark Pharmaceuticals Ltd on Friday reported a 21.3 per cent rise in consolidated profit after tax at Rs 290.8 crore for the third quarter ended December 31, 2022. The company had posted a consolidated consolidated profit after tax of Rs 239.8 crore in
Karnataka govt, Samsung body ink MoU to set up 'IoT Innovation Lab'. The project costs Rs 1.52 crore and also includes setting up of AI labs in at least two institutions
Yahoo to lay off more than 20% of staff to restructure its ad tech division. The cuts will impact nearly 50% of Yahoo's ad tech employees by the end of this year, including nearly 1,000 employees this week, the company said
Hindenburg's accusations against Adani Group put money-laundering in focus. A more than 0 billion rout in the share prices of the highly leveraged infrastructure owner has the potential to spark a broader contagion, especially if the local banking system gets infected
Index provider MSCI cuts 4 Adani group securities free-float designations. MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said
Short video app TikTok hands over pink slips, fires entire India staff. Most of the employees of TikTok India were working in Brazil and Dubai markets after the Centre banned the app in India in June 2020
Top headlines: Adani stcks remain in MSCI indices, TikTok fires India staff. Business Standard brings you the top headlines at this hour
PayPal forecasts strong full-year profit, says CEO to retire at year-end. The company's upbeat forecast also comes alongside its previously announced commitment of lowering expenses in the backdrop of its key e-commerce segment feeling the pinch of a slowdown
Paytm launches G20-theme QR Code to celebrates India's presidency. One97 Communications Limited that owns leading payments and financial services company Paytm, on Friday launched a special G20-theme, QR Code to celebrate India's presidency.
Reliance to invest Rs 75,000 crore in UP to expand telecom network. Billionaire Mukesh Ambani on Friday announced Rs 75,000 crore investment over the next four years in expanding the telecom network, including roll out of 5G services, retail and new energy business in Uttar Pradesh. Speaking at the UP Investor Summit, he s
Drug marker Lupin reports 72% decline in Q3 net profit to Rs 153 cr. Drug maker Lupin has reported 72 per cent decline in consolidated net profit at Rs 153 crore for the third quarter ended December 31, 2022. The company had reported a net profit of Rs 545 crore for October-December period last fiscal. Total revenue from op
Aditya Birla Group commits Rs 25,000 cr investment across various biz in UP. Aditya Birla Group on Friday committed Rs 25,000 crore investment across its various businesses in Uttar Pradesh. Speaking at Global Investors Summit here, Kumar Mangalam Birla said the investment would go into various businesses like cement, metals, chemi
Open core firm GitLab to cut 7% jobs amid tough macroeconomic conditions. The company's most recent reported headcount was 1,630, implying that the round of redundancies will affect approximately 114 people, though that specific figure is dependent on its current headcount
HCLTech named Titanium member at Intel awards for second straight year. Indian firm gets US tech giant's highest level of recognition technical innovation in computer networks
China's Alibaba Group sells its entire remaining 3.4% stake in Paytm. At the end of December, Alibaba had 6.26 per cent stake in the firm and it had sold around 3 per cent of it in January
Mahindra & Mahindra Q3 PAT climbs 14% to 1,528 crore on robust sales. Mahindra & Mahindra (M&M) on Friday reported a 14 per cent rise in its profit after tax (PAT) to Rs 1,528 crore for the third quarter ended December 2022, driven by robust sales. The Mumbai-based automaker had reported a net profit of Rs 1,335 crore for th
Sebi probing Adani's links with investors in aborted .5 billion FPO. Sebi is investigating relationships between Adani and at least two Mauritius-based firms -- Great International Tusker Fund and Ayushmat Ltd -- which participated as anchor investors, said sources
Sun Pharma gets US health regulator nod to market generic medication. Sun Pharmaceutical Industries on Friday said its subsidiary has received approval from the US health regulator to market a generic medication used in the treatment of multiple myeloma. The company has received final approval from the US Food and Drug Admin
IRB Infra toll collection revenue grows 36% to Rs 374.81 cr in Jan. IRB Infrastructure Developers Ltd (IRB) on Friday said its revenue from toll collection grew 36 per cent to Rs 374.81 crore in January 2023. The toll collection stood at Rs 276.44 crore in January 2022, IRB said in a statement. "The consistently robust gro
NaBFID looking to raise Rs 5,000 crore via maiden bond issue in June qtr. The funds will likely be raised through long-term infrastructure bonds, managing director and chief executive officer Rajkiran Rai G said on Friday
Quick commerce firm Zepto launches engagement programme, app for farmers. Service will Zepto digitise processes helping farmers to streamline their supplies and yields
Moody's Investor Service cuts rating outlook on 4 Adani companies. Moody's Investor Service on Friday revised downwards the rating outlook on four Adani Group companies to negative from stable after a significant and rapid decline in market value following a report by US-based short seller Hindenburg Research. In a statem
SC dismisses Google's plea to amend Jan 19 order to back NCLAT's view. The Supreme Court on Friday refused to entertain the plea of Google LLC seeking modification of its January 19 order and said the company can raise its grievances during hearing of its appeal before the NCLAT. A bench of Chief Justice D Y Chandrachud and J
Meet users can now include captions in meeting recordings, Google revealed. Tech giant Google is rolling out a new feature to its video-communication service 'Google Meet', which will allow users to include captions in a meeting recording.
SpaceX ignites giant Starship rocket into orbit in crucial pad test. SpaceX is a big step closer to sending its giant Starship spacecraft into orbit, completing an engine-firing test at the launch pad on Thursday. Thirty-one of the 33 first-stage booster engines ignited simultaneously for about 10 seconds in south Texas. Th
Adani Wilmar to be dropped from S&P BSE IPO indices: Asia Index Pvt Ltd. (Reuters) - Asia Index Pvt Ltd said on Friday Adani Wilmar Ltd will be dropped from the S&P BSE IPO index.
ChatGPT, other AI models to disrupt Indian IT firms: JP Morgan analyst. (Reuters) - Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday.
Founder Nate Anderson says Hindenburg has never been banned, seized. Nathan Anderson, the founder of Hindenburg Research whose damning report led to a USD 100 billion-plus rout in Adani Group shares, has said that his firm has never been banned, its bank account never seized and that it is not under any investigation. Since
Govt to revoke ban imposed on fintech companies LazyPay, Kissht. The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday. The government last week ordered the blocking of 232 apps operated by overseas entities, in
Adani Group reels after report from US based short-seller Hindenburg. NEW DELHI (Reuters) - Indian tycoon Gautam Adani's conglomerate has been pummelled by a stock rout and come under increasing scrutiny after U.S. short-seller Hindenburg Research
State-owned BHEL net profit for Q3 rises 57% to reach Rs 42 crore. State-owned engineering firm BHEL on Friday posted a 56.5 per cent rise in its consolidated net profit to Rs 42.28 crore in the December quarter mainly on the back of higher revenues. The consolidated net profit of the firm was Rs 27.02 crore in the year-a
Puravankara reports highest ever Q3 sales, 67% yoy growth amounting 410 cr. Puravankara Reports Highest Ever Q3 Sales, Revenue Growth of 67 Percent Amounting to 410 Cr.
Manappuram Finance plans to rope in private equity player for MFI unit. Manappuram holds about 98 per cent stake in Micro finance subsidiary
Vedanta Resources' liquidity depends on bn fundraising: S&P report. Sustaining after September 2023 would depend on completing one of two key transactions
Pepsi sales rise 10% in fourth quarter to billion on price hikes. PepsiCo reported better-than-expected sales in the fourth quarter after hiking prices for its drinks and snacks. Revenue rose more than 10 per cent to USD 28 billion. That was better than the USD 26.8 billion Wall Street had forecast, according to analysts
Trafigura faces 7 million loss after uncovering nickel fraud in India. The missing nickel is a blow for the company that has grown rapidly in the past decade to become one of the world's largest trading houses
Fresh troubles: Adani Group stocks decline on MSCI free float review. Questions 'characteristics' of certain investors; validation of findings, says Hindenburg founder
IOB Q3 net profit up 23%, helped by interest income and credit growth. Slippages at Rs 1,556 crore, out of which Rs 200 crore was in education sector
Suzlon Energy Q3 PAT more than doubles to Rs 78 cr on reduced expenses. Suzlon Energy Limited on Thursday said its consolidated net profit more than doubled to Rs 78.28 crore during the December 2022 quarter, mainly due to reduced expenses. The company had clocked a net profit of Rs 36.77 crore during the October-December quar
LIC's net income jumps manifold to Rs 8,334.2 crore in December quarter. Public sector insurer LIC on Thursday reported manifold jump in net income at Rs 8,334.2 crore during the three months ended December 2022 as against Rs 235 crore a year ago. The Life Insurance Corporation (LIC) earned Rs 1,11,787.6 crore in net premium in
India's rural markets impacted due to high food inflation: Unilever CEO. Jope said the company saw 15.6 per cent growth in the country during the quarter, during which price and volume were up 11.2% and 3.9%, respectively
Adani Wilmar denies 'raid', says no irregularities found at Himachal store. Adani Wilmar has issued a statement saying that it was a routine inspection by relevant authorities and not a raid
Ola Electric unveils 5 electric motorcycles, launch planned next year. Ola said the success of the S1 Pro and S1 have cemented its market leadership
Shriram Life Insurance Company net profit up to Rs 31 crore in Q3. New business individual premium, a key barometer for performance, rose by 19 per cent year-on-year to Rs 167 crore, during the October-December 2022 period
Hindalco Q3 results: Net profit falls 63% on input cost pressure. Novelis' total shipments of flat-rolled products were at 908 Kt (kilo tonnes) in the October-December period, declining 2 per cent from 930 Kt in the corresponding period a year ago
Aurobindo Pharma's consolidated net profit down 18.7% at Rs 491 Cr in Q3. Aurobindo Pharma Limited on Thursday said its consolidated net profit for the quarter ended January 31 was down by 18.7 per cent to Rs 491.2 crore against Rs 604.3 crore in Q3FY22. A press release from the drug maker said revenue from operations during the
PepsiCo India records double-digit organic revenue growth in 2022. PepsiCo has brands like Kurkure Lays, Quaker Oats in foods and Pepsi, Mountain Dew and Tropicana in its drinks portfolio
Air India finalises deal with Airbus for buying around 250 planes. Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific de
Aero India to host event for businesses collaboration in defence sector. "Bandhan", an event aimed at forging and renewing partnerships between business entities for innovative collaboration and strategic transformation of the Defence manufacturing sector in the country will be held on February 15, on the side-lines of Aero Ind
LIC Q3 results: Net profit surges multi-fold to Rs 6,334.19 crore. LIC earned a total premium of Rs 37,545 crore on an APE (annualised premium equivalent) basis for the nine months ended December 31
United Breweries consolidated net loss at Rs 1.81 crore in December quarter. Beer maker United Breweries Ltd on Thursday reported a consolidated net loss of Rs 1.81 crore in the third quarter ended December 31, 2022 on account of impairment of assets in Tamil Nadu and Andhra Pradesh, besides higher expenses. The company had posted
Mahindra to invest 1 million to set up EV facility in Telangana. Mahindra and Mahindra said on Thursday it will invest 10 billion rupees (1 million) to set up a manufacturing facility in the southern state of Telangana to make electric three- and four-wheelers
Zomato loss widens to Rs 347 crore on biz slowdown, Blinkit buy. Revenue for the food delivery company, however, surged 75 per cent to Rs 1,948.2 crore, compared with Rs 1,112 crore in the year-ago period
Essar group eyes forays into clean energy, infrastructure, IT solutions. The Essar Group plans to rearrange its priorities to focus on four major verticals like energy, infrastructure and logistics, technology and retail, as well as metals and mining
Zomato an accidental company, says CEO and founder Deepinder Goyal. For the Q3FY23 the company's losses widened over five times at Rs 346.6 crore. Loss for the same quarter last fiscal was at Rs 63.2 crore
Automation, skilling can bring in 2-bn profit globally: Infosys study. Shifting to a flexible, diverse, and digital work model may bring 7.7% higher profit growth and 6.7% higher revenue growth
Adani Total Gas net profit rises by 13% despite rise in input cost. Adani Total Gas Ltd -- the joint venture of Adani group and TotalEnergies of France which retails CNG to automobiles and piped gas to households -- on Thursday reported a 13 per cent increase in net profit as sales rose. Net profit of Rs 148 crore in Octob
State-run GAIL (India) signs advance pricing agreement with CBDT. GAIL is the first public sector Undertaking in oil & gas sector in India to successfully sign the APA
Shriram Life profit grows multi-fold to Rs 31 crore for Dec quarter. Shriram Life Insurance Company (SLIC) on Thursday posted a multi-fold jump in net profit at Rs 31 crore for the third quarter of FY'23. The company had earned a profit of Rs 1.8 crore in the same quarter a year ago, SLIC said in a statement. During the qua
State Bank of India opens third specialised Startup branch in Gurugram. State Bank of India (SBI) on Thursday inaugurated its third specialised branch for startups at Gurugram to provide all banking services required by them under one roof. Gurugram houses the third highest number of unicorns in the nation after Bengaluru and
IREDA profit after tax rises 87% to over Rs 200.75 crore for Dec quarter. State-owned IREDA on Thursday posted a rise of 87 per cent in its profit after tax at Rs 200.75 crore in the December 2022 quarter, mainly on higher income. The company had clocked a PAT (profit after tax) of Rs 107.19 crore during October-December quarter
IRCTC Q3 results: Net profit rises 22% to Rs 255 crore, revenue up 276%. Its revenue from operations surged 69.95 per cent to Rs 918.06 crore in Q3 YoY
Will meet Adani Group management, seek clarification: LIC Chairman. LIC chairman M R Kumar on Thursday said the officials of the public sector insurer will soon meet top management of the Adani Group and seek clarification on the crisis being faced by the diversified conglomerate. LIC's investment into Adani group firms' s
IndiGo 'inadvertently' leaves behind 37 bags of flyers at Hyderabad airport. IndiGo on Thursday said it inadvertently left behind 37 bags of passengers who took a flight from Hyderabad to Vishakhapatnam. In a statement, the airline said it ensuring that all bags are delivered safely to the customers' addresses in Visakhapatnam and
Trai initiates talks on digital connectivity infra provider authorisation. TRAI on Thursday began stakeholder discussions on introduction of 'Digital Connectivity Infrastructure Provider' authorisation under unified licence, as it underlined the importance of "robust" digital connectivity in economic development. Digital connecti
BharatPe refutes Ashneer Grover's claim of data breach 150 mn users. Fintech platform BharatPe termed the allegations levelled by its former Managing Director and Co-founder Ashneer Grover about data leak at the company as "malicious and completely baseless"
Adani Total Gas Q3 results: Net profit rises 17%, revenue up 27%. The company reported total sales volume of 186 mmscmd (million metric standard cubic meter) for the quarter, which was lower by 3 per cent from 192 mmscmd recorded for the same period last year
MSCI receives feedback; to do free float review of Adani Group securities. Index provider MSCI said on Thursday it has received feedback from a range of market participants concerning specific securities associated with the Adani Group
Thums Up, Maaza to go global as Coca Cola bets on 'Indian' flavours. Coca Cola is also being very 'open-minded' about two other India-created flavours, Maaza Aam Panna and Fanta Apple Delite
ONGC Videsh eyes oil, gas 'hot spots' in Africa, Latin America, says MD. It's better to invest in bigger hot spots where you can get larger discoveries... Africa and Latin America still hold a lot of potential. Ghana is there, Suriname is there
2,500 IT freshers to be given pink slips for failing screening test: Report. The screening tests may also get more stringent as the firms are under pressure to honour campus offers but are already overstaffed
Fire breaks out at HDFC Bank in Greater Kailash, no casualty reported. A fire broke out at an HDFC Bank in the national capital's Greater Kailash-II area on Thursday, an official said.
MSCI to announce changes to free float status of few Adani Group securities. Index provider MSCI said on Thursday it had determined that some Adani securities should no longer be designated as free float after market participants raised concerns about the eligibility
Twitter Blue plans announced in India: Pay Rs 900 per month for blue tick. To enjoy the benefits, however, users will have to be on the platform for at least 90 days before the date of application
Subscribers leave Disney+ Hotstar; paid user base falls 6% in Dec quarter. Biggest decline to date as streaming service feels pinch of IPL loss in India; globally company plans to lay off 7,000 employees in restructuring exercise
Adani Wilmar's Solan facility raided for alleged GST violations: Report. Adani Wilmar had failed to deposit GST collection for "several years" and this reportedly led to the inspection
Data science company Tredence announces ESOP buyback worth mn. Firm that employs 2,000 has 80% of its workforce in India, got 5 mn in funding last year
MRF December-quarter consolidated net profit rises 17% to Rs 174.83 crore. Tyre maker MRF Ltd on Thursday reported a 17 per cent rise in consolidated net profit from continuing operations at Rs 174.83 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit from continuing operations a
Steel firm AM/NS India's EBITDA drops 62.75% to 2 mn in Dec quarter. Joint venture firm says lower selling price and India's duty on steel exports last year impacted business
Japan's Nissan reports 55% jump in profits as chip shortages decline. Nissan reported a 55% jump in October-December profit Thursday, as the Japanese automaker seeks to embark on a less bumpy journey with its French alliance partner Renault. Profit for the quarter at Yokohama-based Nissan Motor Co. totaled 50.6 billion yen (
Piramal Pharma reports consolidated net loss of Rs 90 crore in Q3. Piramal Pharma on Thursday reported a net loss of Rs 90 crore on a consolidated basis for the third quarter ended December 31, 2022. The Mumbai-based company had reported a net profit of Rs 163 crore in the October-December quarter of last fiscal. Revenue
Norway wealth fund sells its remainder stakes in Adani companies. Norway's .35 trillion sovereign wealth fund said it has in recent weeks divested virtually all its remaining shares in companies belonging to India's Adani group
Twitter facing internal, external issues, to be up by night: Elon Musk. Twitter CEO Elon Musk on Thursday said that the micro-blogging platform is facing "multiple internal and external issues simultaneously" and will be "fully back on track later tonight."
Hindalco PAT drops 63% in December quarter on elevated input costs. Hindalco Industries, the Aditya Birla Group metals flagship, on Thursday posted a 62.9 per cent decline in consolidated profit after tax at Rs 1,362 crore for the quarter ended December 31, 2022 mainly due to elevated input costs, unfavourable macros and i
ED seizes Rs 1.4 crore cash from Kolkata firm involved in coal smuggling. The Enforcement Directorate on Thursday said it has seized Rs 1.4 crore in cash from the premise of a Kolkata-based company and has identified a person who was "handling illegal cash of a minister" allegedly generated from coal smuggling. The federal probe
Apparel brand Cantabil expects annual Rs 1000 cr revenue in next 3 years. Company plans to have 540 store by this year's end to consolidate itself in smaller cities
HC recognises 'H' logo of Hermes as trademark, rules against Mumbai firm. Defendant says it would have voluntarily discontinued using logo if the French firm had asked it to
Sebi to auction assets of Infinity Realcon, Sunheaven Agro on Mar 13. Capital markets regulator Sebi on Thursday said it will auction 9 properties belonging to four companies -- Infinity Realcon, Bharat Krishi Samriddhi Industries, Ravi Kiran Realty India and Sunheaven Agro India -- on March 13 to recover investors' money. T
Fintech platform PayMe to invest Rs 200 crore in UP, creates 2,000 jobs. Fintech platform PayMe on Thursday said it will invest Rs 200 crore in Uttar Pradesh to create 2,000 jobs in the area, focusing on training and developing skilled resources in the fintech space.
Ola launches its new e-scooter S1 Air, prices starting at Rs 84,999. EV manufacturer Ola Electric on Thursday launched its much-anticipated Ola S1 Air e-scooter, which comes available in three variants at a starting price of Rs 84,999
Indian Overseas Bank Dec quarter profit rises 22% to Rs 555 crore. State-owned Indian Overseas Bank (IOB) on Thursday reported a 22 per cent growth in its profit at Rs 555 crore in the quarter ended December 2022 due to an increase in interest income and improved asset quality. The Chennai-based bank had posted a net prof
Digi tool automation can fuel .4 trn of revenue, profit 2 bn: Infosys. Digital tools automation, talent diversity, and improving skill-sets among employees can drive up to USD 1.4 trillion in revenue and USD 282 billion in profit for companies, according to a latest study by IT major Infosys. The study titled 'Future of Work
Credit Suisse reports loss for fifth straight quarter, shares slump 10%. While withdrawals were concentrated in a hectic two-week period in October, the full scale of the exodus - 110.5 billion francs - still surprised analysts
Engineering analytics start-up Hatica raises .7 mn in seed funding. Firm's development solutions integrate and communicate with tools used by software developers
Greaves Cotton to acquire motion-control systems player Excel Controlinkage. Greaves Cotton to acquire motion-control systems player Excel Controlinkage
Dish TV calls EGM on March 3, seeks nod for appointment of 4 ind directors. Direct-to-Home operator Dish TV will convening an Extraordinary General Meeting (EGM) on March 3 to seek shareholders' approval for the appointment of four new independent directors. The EGM would be held virtually through video conferencing and other audi
Domestic airlines reported 2,613 technical snags in last 5 years: Singh. Domestic airlines reported 2,613 significant technical snags in their planes in the last five years, Union minister V K Singh told the Lok Sabha on Thursday. The Minister of State for Civil Aviation said the regulations require occurrences relating to syst
Microsoft's ChatGPT-powered Bing browser now available for public use. American tech giant Microsoft's new ChatGPT-powered Bing experience will now be available for everybody as a "limited preview" on desktop.
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