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NSE share market NEWS tomorrow (08 February, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 February, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 February 2023

Adani Enterprises was amongst the top gainers, currently trading at 2164.25 in NSE with 0.999 times change in volumes and 20.039% change in price. Other gainers included One 97 with 14.84% price change and 1.713 times volumes, Adani Ports with 8.334% price change and 0.667 times volumes, Pb Fintech with 6.7% price change and 3.308 times volumes, and Aurobindo Pharma with 6.306% price change and 2.442 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 802.45 in NSE with 0.809 times change in volumes and -4.996% change in price. Other losers included Bharat Dynamics with -4.326% price change and 1.283 times volumes, Phoenix Mills with -3.661% price change and 1.928 times volumes, Kei Industries with -3.189% price change and 1.079 times volumes, and Power Grid with -2.237% price change and 1.239 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.

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

Adani Ports considering to repay 5 mn of loans to calm investors. India's largest private sector ports operator, which reported an earnings miss in the latest quarterly earnings, also said it would roughly halve its capital expenditure next financial year

Distressed funds including Oaktree Capital scoop up Adani Group bonds. Adani Enterprises Ltd., the flagship company, finished up nearly 15% on Tuesday, leading gains as other related stocks also rose

Start-up founders expect fundraising to be tougher in 2023: Report. Only 38% of them expect higher pace of hiring, mostly in early-stage companies

Indian startups fired 6,000 employees in third quarter, says report. This can be attributed to investors lowering funding amid high volatility in global markets

Turmoil in Adani's empire prompts Nomura, SMFG to disclose fund exposures. Nomura Holdings Inc.'s asset management arm released details on Tuesday about 30 of its publicly offered investment trusts that hold either stocks or bonds of Adani companies.

With focus on non-US geographies, Amneal Pharma eyes India market. The company is actively recruiting its field force, and aims to have 600-700 medical representatives by the end of 2023

Polaris Smart Metering raises 0 mn in funding from I Squared Capital. Funds raised will primarily be used to acquire, execute and finance large smart metering contracts across India

Paytm logs 89 mn monthly transacting users, GMV grows 44% to Rs 1.2 trn. The company continues to dominate the offline payments market with 6.1 million merchants now paying subscriptions for payment devices, an increase of 0.3 million in January

LinkedIn India's membership crosses 100 million, second largest after US. Software & IT professionals form biggest chunk of members; management the most sought-after skill

TCS expands partnership with UK's Phoenix Group, inks over £600 mn deal. This will be one of the largest deals for the company in the coming quarter

To win back investors' trust, Adani Group to probe Hindenburg allegations. The decision to undertake an independent assessment comes at a time when investor faith in the group has been shaken

Volkswagen recalls 21K electric SUVs over faulty battery software. German automaker Volkswagen has recalled nearly 21,000 of its 'ID.4' electric SUVs over faulty battery software that could lead to a "loss of propulsion" sans warning.

PVR expands its footprints in North, opens at third location in Faridabad. With this launch, PVR Cinemas has consolidated its foothold in Haryana with 50 screens in 13 properties and 286 screens across 65 properties in North

NHPC net profit declines 12.59% to Rs 776 crore for December quarter. State-owned hydro power giant NHPC has posted a 12.59 per cent decline in its consolidated net profit to Rs 775.99 crore for the December 2022 quarter, mainly due to higher expenses. The consolidated net profit of the company was Rs 887.76 crore in the qua

NCLAT rejects bankruptcy board's plea against telecom tower firm GTL Infra. Corporate debtor's business is sustainable and it is a viable going concern, NCLT had ruled

Amid Adani Group's turmoil, RBI chief says Indian banking system stronger. Reserve Bank Governor Shaktikanta Das on Wednesday said the strength, size and resilience of the Indian banking system now are much stronger and larger "to be affected by a case like this" in reference to the developments at Adani Group. Concerns have been

TenderCuts launches new platform HappyChops for local meat outlets. Platform empowers local meat shops with latest tech and robust supply chain; has on-boarded 100 shops in Chennai, plans to rope in another 300 by March, expand to 10 more cities by June

Skye Air Mobility comes out with unmanned air traffic management system. Drone delivery company Skye Air Mobility has come out with an unmanned air traffic management system that will provide situational awareness, autonomous navigation and risk assessment to all drone and other aerial mobility operators. The system -- Skye UTM

Bank loan exposure to Adani Group against shares not significant: RBI DG. The Adani group has denied wrongdoing, but saw more than 0 billion wiped off the conglomerate's market value since the report was released

As layoffs continue, companies may tweak processes to determine appraisals. In the upcoming year, the salary hikes are less likely to be dependent upon seniority

Shree Cements posts 44% fall in Dec-quarter profit on high fuel costs. The Kolkata-based company posted a standalone profit of 2.77 billion Indian rupees (.5 million) for the quarter ended Dec. 31, compared with 4.92 billion rupees a year earlier

Reliance, BPCL, Nayara among buyers using UAE dirham for Russian oil. India is the UAE's second-largest trade partner and officials are working on a mechanism to boost trade in dirhams and rupees

TD Power Systems net profit appreciates by 3% to Rs 20 crore in Dec quarter. TD Power Systems on Wednesday posted nearly three per cent rise in its consolidated net profit at Rs 20.07 crore in the quarter ended December 2022. The consolidated net profit of the company was Rs 19.53 crore in the corresponding quarter that ended on De

TotalEnergies has not signed contract on new Adani hydrogen venture. TotalEnergies has not yet signed a contract announced last year to extend its partnership with India's Adani to the production of green hydrogen, the chief executive of the French oil major said

Adani Wilmar profit rises 16%, shrugs off Hindenburg report impact. CHENNAI (Reuters) - Fortune brand-owner Adani Wilmar on Wednesday reported a 16% increase in quarterly profit on higher demand for its cooking oil and packaged foods.

Bluelearn raises .5 mn in seed funding from Elevation Capital, Lightspeed. Titan Capital, 2am VC, a few angels also invested; Bluelearn, which began as telegram channel for students, has over 150,000 members from 5,500 colleges and startups across 20 countries

Symphony Ltd consolidated Q3FY23 PAT jumps 86% y-o-y to Rs 39 crores. Air cooler and appliances maker Symphony on Wednesday reported 85.71 per cent jump in consolidated net profit at Rs 39 crore for the third quarter ended December 2022. The company had logged a net profit of Rs 21 crore in October-December period a year ago

YouTube Music rolls out redesigned album view for Android and iOS. Google-owned music streaming platform YouTube Music has rolled out the redesign of the "album view" for Android and iOS

iPhone 15 Pro Max to feature 2,500 nits display panel from Samsung. Tech giant Apple's upcoming iPhone 15 Pro Max smartphone will reportedly feature a 2,500 nits display panel from Samsung.

Zoho introduces unified communications platform to help boost productivity. Software-as-a-service (SaaS) major Zoho Corporation on Wednesday unveiled a unified communications platform called 'Trident' that brings collaboration

TotalEnergies puts hydrogen partnership with Adani on hold for now. France's TotalEnergies, one of the largest foreign investors in billionare Gautam Adani's business empire, said it has put on hold participation in Indian conglomerate's USD 50 billion hydrogen project pending results of an audit launched following allegat

There was no pressure from Adani Group to sell Mumbai airport: GVK's Reddy. GVK Group Vice Chairman Sanjay Reddy on Tuesday said there was absolutely no pressure from the Adani Group or anyone else to sell the Mumbai airport. His comments come on a day when Congress leader Rahul Gandhi alleged in Lok Sabha that "Mumbai airport, wa

Clix Capital aims to double its profit to Rs 100 crore in FY 2024. NBFC player Clix Capital Services looks to double its profit to Rs 100 crore in the next 2023-24 fiscal by focusing on lending to MSMEs and other segments. The post-pandemic period saw massive pent-up demand amongst sectors severely impacted due to Covid-1

ONGC aims to raise output over next two fiscals, says exploration director. In what may come as relief amid growing uncertainty over availability of petroleum products across the world in the aftermath of Russia-Ukraine war, India's largest explorer ONGC plans to raise its

Online medical consultations in smaller cities grew 87% last calendar year. Lybrate study reports 65% spike in online appointments by women in 2022 over 2021; gastroenterology and ENT top list of consulted specialities

Pinterest's global monthly active users grow by 4% y-o-y to 450 mn. Photo-sharing social media platform Pinterest on Tuesday said it now has 450 million monthly active users (MAUs) globally, growing 4 per cent year over year

Goldman Sachs Asset Management raises .2 billion, to invest globally. The fund has invested in Indian companies such as Swiggy, MoEngage, and ElasticRun

RCap case: NCLAT issues notices to Torrent Investments on lender's plea. The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other respondents on a petition filed by the lender of Reliance Capital seeking a second round of financial bids for the debt-ridden firm, currently go

Adani Group exposures not large to pose risks to banks: Fitch, Moody's. Domestic banks may become main source of funding for conglomerate if its access to int'l markets is curtailed

Maruti's share in Suzuki revenue jumps to 40.9% in April-December. Maruti's share in its global revenues jumped from 33.42 per cent in April-December period of FY22 to 40.93 per cent in the corresponding period of FY23

Stop media reports on Adani firms unless verified by Sebi, lawyer urges SC. A plea has been moved in the Supreme Court seeking a gag order to prevent media from publishing allegations in connection with the Adani group firms unless market regulator Sebi verifies them

Adani market capitalisation rises for first time since Hindenburg report. Followed regulations while making investments: LIC

IFFCO to export nano urea to 25 nations, expects 30 cr bottles output: MD. Fertiliser major IFFCO Ltd is eyeing nano urea exports to 25 countries and expecting that output is likely to be 30 crore bottles by December 2024, a top company official said on Tuesday. The company is currently exporting the fertiliser to five countries,

GSK's India unit Q3 profit up 9% as input costs slump, op revenue fell 1.7%. GlaxoSmithKline Pharmaceuticals Ltd, the Indian unit of UK's GSK plc, reported a 9.5% rise in profit, in line with analysts' estimates, as a sharp drop in input costs more than offset revenue decline

ONGC to start oil production from Krishna Godavari D5 block in May. Oil and Natural Gas Corporation's (ONGC's) delayed Krishna Godavari basin KG-D5 project is likely to start crude oil production in May this year and gas output a year later, a senior company official said. ONGC was originally to start gas production from t

Infosys to partner with GE Digital for grid transformation solutions. Work will help operators realise a more reliable and sustainable grid, say companies

Bharti Airtel Q3 net profit rises 91.5% to Rs 1,588 cr; ARPU up at Rs 193. Revenue growth, 4G customer addition power strong result

ONGC decides to open up the Bengal Basin for targeted exploration. Discovers new well with 'substantial' volume of gas

GlaxoSmithKline Pharmaceuticals net profit rises 9.45% to Rs 165 cr in Q3. GlaxoSmithKline Pharmaceuticals Ltd on Tuesday reported a 9.45 per cent rise in consolidated net profit at Rs 164.56 crore in the third quarter ended December 31, 2022. The company had posted a consolidated net profit of Rs 150.35 crore in the same quarter

Andhra govt clears Rs 1.10 trn proposal of NTPC for new energy park. Public sector power generator NTPC is to set up a New Energy Park at Pudimadaka in Anakapalli district of Andhra Pradesh to produce products out of green hydrogen, green ammonia and green methanol at a cost of Rs 1,10,000 crore in two phases. An official

ONGC to invest .5 billion to boost output from western offshore assets. ONGC, will invest .5 billion over the next three-four years to boost output from its western offshore assets, Pankaj Kumar, head of offshore assets, said on Tuesday

BSE Q3 net profit drops 16% to Rs 51.6 cr; revenue from operations up 6%. Leading stock exchange BSE on Tuesday reported a 16 per cent decline in net profit to Rs 51.6 crore in three months ended December 2022. In comparison, the exchange had posted a net profit of Rs 61.3 crore in the year-ago period, BSE said in a statement. H

Hero MotoCorp Q3 results: Net profit rises 2.41% amid weak demand. Hero MotoCorp on Tuesday declared an interim dividend of Rs 65 per share for FY23. "The payment of interim dividend will be completed by March 9," it added

Samsung aims to grow 5G revenue share to 75% in 2023: Sr VP at S23 launch. Samsung India on Tuesday said that it intends to grow revenue from 5G models while continuing to cater to all segments of the mobile handset market. In value terms, 5G grew 78 per cent for the mobile industry in 2022, but Samsung said it grew over 100 per

Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake. Operational and management control of the company will remain with existing promoters

Thermax profit after tax up 59% y-o-y to Rs 126 cr in Dec quarter. Energy and environment solutions provider Thermax on Tuesday posted a 59 per cent jump in its net profit to Rs 126 crore in the December quarter mainly due to higher revenues. "Profit after tax (PAT or net profit) stood at Rs 126 crore, up 59 per cent as c

Sobha Ltd Q3 profit halves as land purchase costs surge, expenses up 51.7%. India's real estate developer Sobha Ltd on Tuesday reported that its third-quarter profit nearly halved, hit by higher land acquisition costs

Adani-owned NDTV's profit more than halves for Q3 on advertising drop. Indian broadcaster New Delhi Television Ltd, part of the embattled Adani Group, said on Tuesday that profit had more than halved in the third quarter on weak advertising demand

Air India's three domestic destinations to be operated by AirAsia India. Full service airline Air India on Tuesday said three of its domestic destinations will now be operated by the budget carrier AirAsia India as part of the route network rationalisation plan. AirAsia India, which currently operates 19 domestic destinations,

Adani Total expects to get 2.2 mn tonnes at Dhamra LNG terminal in FY24. Adani Total Private Ltd expects to receive 2.2 mn tonnes of LNG at its terminal at Dhamra on India's eastern coast during the year ending March 2024, the company's chief executive said

Walmart-owned Flipkart poised to list publicly, says SoftBank. In India, SoftBank has backed many companies, and unicorns or start-ups with over billion in valuation

Maharashtra ban on bike aggregators: SC refuses to grant relief to Rapido. The Supreme Court on Tuesday refused to entertain an appeal filed by Rapido challenging the Maharashtra government's denial to grant two-wheeler bike taxi aggregator licence to the company

Uniper signs pact with Greenko to source green ammonia from India. Germany-based Uniper has signed an agreement with Greenko ZeroC to source green ammonia from the latter's Kakinada facility in Andhra Pradesh. "Under the MoU, the two companies intend to negotiate pricing, supply and tenure structure for a supply and purch

OnePlus launches flagship smartphone 11 5G, TV 65 Q2 in India: Report. Global smartphone brand OnePlus on Tuesday launched its new flagship smartphone, 11 5G, and its latest TV, 65 Q2 Pro, in India

Latest stock market News for tomorrow Access previous news reports: 710711712713714715716717718719720721722723724725726727728

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