NSE share market NEWS tomorrow (09 February, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (09 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 February 2023
Trent was amongst the top gainers, currently trading at 1341.90 in NSE with 12.195 times change in volumes and 8.564% change in price. Other gainers included Cummins India with 7.058% price change and 8.287 times volumes, Pb Fintech with 5.926% price change and 1.352 times volumes, Jsw Energy with 5.513% price change and 3.041 times volumes, and One 97 with 4.438% price change and 1.25 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Adani Enterprises was amongst the top losers, currently trading at 1925.70 in NSE with 0.953 times change in volumes and -11.022% change in price. Other losers included Piramal Pharma with -9.929% price change and 5.681 times volumes, Ambuja Cements with -6.98% price change and 1.515 times volumes, Adani Green with -4.997% price change and 0.41 times volumes, and Shree Cements with -4.291% price change and 0.889 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.
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.
Adani Power reports 96% decline in profits, cites high coal import costs. Adani Power on Wednesday reported 96 per cent decline in consolidated net profit at Rs 8.77 crore for December quarter 2022-23 mainly on the back of higher expenses. In the year-ago period, the profit was Rs 218.49 crore, the company said in a BSE filing.
India's Escorts Kubota posts 7.5% drop in Q3 profit on higher input costs. Indian tractor maker Escorts Kubota Ltd reported a 7.5% fall in quarterly profit on Wednesday, as margins were pressured from persistently high raw material costs
Hero Electric partners with Dhoot Transmission for wiring harness solutions. Electric two-wheeler maker Hero Electric on Wednesday said it has partnered with Dhoot Transmission Pvt Ltd for new wiring harness solutions. The company's products will be equipped with the latest wiring harnesses of Dhoot Transmission under the partnersh
Govt asks Irda & insurance cos to address concerns to reduce consumer cases. The government on Wednesday flagged six major issues, including ambiguity in insurance contracts and inflexible policy terms, before regulator IRDAI and other stakeholders, and urged them to address those to reduce the huge pendency of consumer cases. The
Citing profitability, cybersecurity firm Secureworks lays off 9% of staff. US-based cybersecurity company Secureworks, backed by Dell Technologies, has laid off about 9 per cent of the workforce globally as part of its restructuring
Digital lending apps issue clarifications after Centre's ban on loan apps. Some digital lending apps issued clarifications as the industry entered a panic mode after the Centre banned nearly 138 gambling apps and 94 loan apps over "Chinese linkage" concerns
Bharti Airtel targets top 150 cities and towns for 5G subscriber expansion. "ARPU needs to go up. ARPU of Rs 300 will be critical and we hope it will happen in due course," Vittal said
Adani Power Q3 profit falls 96% YoY to Rs 9 cr; revenue rises 45%. Company's amalgamation with six of its operating subsidiaries receives approval from secured creditors
Tech Mahindra to open its first data, AI and cloud centre in Saudi Arabia. The CoE will combine academic and socio-economic goals to build national hi-tech talent capacity, create quality jobs, promote digital innovation, and upscale SMEs
Number of recognised startups rises to 86,713 in Dec 2022 from 445 in 2016. As many as 86,713 startups have been recognised by the government as on December 31, 2022, Parliament was informed on Wednesday. These startups are eligible to avail fiscal incentives under the Startup India action plan of the government. "As a result of s
Escorts Kubota posts 6% YoY decline in Dec quarter profit to Rs 180 crore. Farm and construction equipment manufacturer Escorts Kubota Ltd on Wednesday posted a 6.7 per cent decline in consolidated net profit to Rs 180.8 crore in the third quarter ended December 31, 2022. The company had posted a consolidated net profit of Rs 193
Hero MotoCorp needs to recover market share in 125cc bike segment: CFO. Considering separate unit for EVs
Gemological Science International gets nod to import diamonds for grading. Mumbai-based Gemological Science International (GSI) Pvt Ltd has been allowed to import diamonds for certification, grading and re-export, according to an official notification. This will be the sixth agency permitted by the government for the work. The ot
Top players showcase next gen EV models at Hyderabad e-motor show. Top automotive players are showcasing their next gen electric vehicle models at the inaugural Hyderabad E-Motor Show, which began here on Wednesday
Stable cash flows to aid Adani Group's debt commitments: Rating firms. Ind-Ra said there is no immediate impact on the ratings of Adani Group entities, following the recent short-selling report
India Health Link signs MoU with UP govt to set up health ATMs. A private firm has signed an MoU with the Uttar Pradesh government to set up health ATMs providing screening of various health parameters at more than 4,600 community and primary health care centres in the state. India Health Link signed the MoU with the U
Karnataka discusses investment plans with Apple supplier Foxconn's chairman. A high-level delegation from the government of Karnataka on Wednesday met Hon Hai Technology Group (Foxconn) chairman Young Liu at the company headquarters in Taiwan, and held discussions about investment plans in the Indian State. The delegation consisted
EY announces 11 finalists for the 24th EY Entrepreneur of the Year Awards. K P Singh, Chairman, DLF Group, will be felicitated with the Lifetime Achievement Award
Adani Wilmar Q3 net rises 16% to Rs 246.16 cr on back of margin expansion. Adani Wilmar, which receives over 80 per cent of its revenue from edible oils, saw a 4 per cent jump in it to take the tally to Rs 12,581.21 cr
EV startup Zypp Electric nabs M to hit 30 Indian cities by 2025. EV-as-a-service platform Zypp Electric on Wednesday announced raising funds of USD 25-million under series B funding from a clutch of investors, led by Gogoro. The round is a mix of equity and debt funding, with the USD 20-million equity round and USD 5-mi
K'taka HC grants interim relief to Flipkart in Rs 1,100-cr tax demand case. The assessee (Flipkart) argued that the matter was already decided in its favour by the income-tax appellate tribunal (ITAT) Bengaluru on the same issue earlier during assessment year 2015-16
Trent reports consolidated net profit at Rs 154.81 cr in December quarter. Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of Rs 154.81 crore in the third quarter ended on December 31, 2022. The company had posted a net profit of Rs 113.78 crore in the October-December quarter a year ago, Trent sa
ARPUs rising to Rs 300-levels vital, will happen in due course: Airtel CEO. Bharti Airtel CEO Gopal Vittal on Wednesday asserted that Average Revenue Per User (ARPUs) rising to Rs 300-level is "critical" for respectable return of capital employed, and hoped that it will "happen in due course". The top honcho also outlined the 'fut
Fintech firm mPokket says app impersonating it has been blocked by govt. Fintech firm mPokket on Wednesday said that an app impersonating it has been blocked by the government and it has no partnership with the blocked platform. The government has last week ordered blocking of 232 apps operated by overseas entities, including C
BP-Reliance's giant deep-water project offshore nears completion. Billionaire Reliance Industries Ltd and UK supermajor BP are nearing start of production from their giant MJ deep-water project in the KG-D6 block, which will significantly boost gas output from the prized east coast asset, a top official said. The MJ fiel
Indian airlines likely to order up to 1,700 planes in next 2 yrs: CAPA. Indian carriers are likely to place orders for 1,500 to 1,700 planes in the next one to two years and Air India is expected to make the first move with a potential order for 500 aircraft, aviation consultancy CAPA said on Wednesday. The total commercial In
AIIMS issues orders to include healthy food items in cafeteria, mess menu. The All India Institute of Medical Sciences here on Wednesday issued orders for inclusion of healthy food items like boiled eggs, milk, sprouts, boiled 'chana' and salad in the menu of the cafeteria and hostel mess. In a communication sent to the chairman
Cummins India standalone PAT rises by 50% to Rs 360 cr in December quarter. Engine manufacturer Cummins India standalone profit after tax rose 50 per cent to Rs 360.14 crore in the December quarter of 2022-23 over the same period last year. Cummins India had recorded a profit of Rs 240.97 crore in the third quarter of financial ye
Adani plans to prepay 0 million loan due in March to banking group. Barclays Plc, Standard Chartered Plc and Deutsche Bank AG are among banks that lent Adani .5 billion to finance the purchase of Holcim Ltd. cement assets last year
Pennar Industries' PAT up by 97.2% at Rs 21 crores in December quarter. Pennar Industries Ltd (PIL), on Wednesday said its consolidated profit after tax for the quarter ended December 31 was up by 97.2 per cent at Rs 21.12 crore compared to Rs 10.71 crore in Q3 FY22. The city-based value-added engineering products and solution
Zypp Electric raises million in Series B funding round led by Gogoro. Zypp plans to deploy 200,000 electric scooters and expand its footprint to 30 cities
Compass Group's Elior India acquisition stalled due to governance glitches. The tribunal directed Elior India to deposit Rs 9 crores as interim relief for dues payable to the former CEO Sanjay Kumar should it decide to proceed with the sale
ONGC in talks with energy giants for deepwater exploration technologies. Oil and Natural Gas Corporation Limited (ONGC) is in talks with global oil majors to infuse state-of-the-art technologies in its aggressive exploration push in deepwaters of India.The 'Maharatna' held a parley of discussions with major operators in the Ind
Adani Total expects to receive 2.2 MT of LNG in FY24 at Dhamra terminal. India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country ramped up coal-fired power production at the expense of natural gas
Entropik raises mn in Series B funding led by Bessemer, SIG Venture. The funding led by Bessemer Venture Partners and SIG Venture Capital would help Entropik to expand across the US, Europe and Asian Markets
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