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NSE share market NEWS tomorrow (30 January, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (30 January, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 30 January 2023

Indus Towers was amongst the top gainers, currently trading at 146.95 in NSE with 0.825 times change in volumes and 7.263% change in price. Other gainers included Fsn E with 6.315% price change and 1.142 times volumes, Idea Cellular with 6.25% price change and 1.178 times volumes, Mazagon Dock with 5.838% price change and 1.211 times volumes, and Indian Bank with 5.135% price change and 1.257 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 1189.00 in NSE with 2.087 times change in volumes and -20% change in price. Other losers included Bharat Electronics with -5.673% price change and 2.552 times volumes, Kalyan Jewellers with -5.405% price change and 0.667 times volumes, Hindustan Zinc with -4.721% price change and 0.782 times volumes, and Gail India with -4.236% price change and 2.295 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.

M Jagannath and Tablesh Pandey recommended for post of MDs at LIC. They are likely to succeed two of the four MDs who are are retiring soon

Nippon India AMC reports 18% YoY profit growth in Q3 to Rs 205 cr. Total income rises 5% to Rs 416 crore

Long-haul carrier Emirates test flies Boeing 777 on sustainable fuel. Long-haul carrier Emirates successfully flew a Boeing 777 on a test flight Monday with one engine entirely powered by so-called sustainable aviation fuel. This comes as carriers worldwide try to lessen their carbon footprint. Flight No. EK2646 flew for jus

GAIL Q3 profit drops 90% on petrochemical, natural gas marketing woes. State gas utility GAIL (India) Ltd on Monday reported 90 per cent drop in December quarter net profit after it suffered losses in petrochemical and natural gas marketing business. Consolidated net profit of Rs 397.59 crore in October-December 2022 is compa

Punjab National Bank has Rs 7,000 crore exposure to Adani Group: MD. Punjab National Bank has a total exposure of 9.30 million to Adani Group, but there is currently no worry pertaining to those accounts, the managing director and chief executive said

Mindspace REIT net operating income rises 16.8 % YoY on strong leasing. The company also raised Rs 100 crore through the issuance of commercial papers

Sunlit Power partners with Lucas TVS for supply of 50,000 EVs to industries. Storage battery maker and distributor Sunlit Power has collaborated with Lucas TVS under which it will supply 50,000 electric vehicle motors and controllers manufactured by TVS group company to various industries, a release said on Monday. It will include

Physics Wallah plans to hire 2,500 employees across verticals by March. Unicorn edtech firm Physics Wallah plans to hire 2,500 employees in the ongoing quarter across different roles, the company said on Monday. The development comes at a time when massive lay-offs have been announced by several edtech companies including Byju

India's Inox Leisure reports quarterly profit as hits bring back moviegoers. Inox Leisure Ltd posted profit before exceptional items and tax for the third quarter, as movie buffs returned following a string of hits and splurged on pricier tickets and in-theater purchases

Manu Jain quits Xiaomi as Chinese firm battles legal challenges in India. Device maker accused of violating Foreign Exchange Management Act

Upgrade to 5G mobile phones to drive growth, aim 60% biz jump in 2023: POCO. Smartphone company POCO expects an upgrade to 5G mobile phones from 4G coupled with pricing and design strategy to drive growth of the company's business by 60 per cent in this year, a top official of the company said. POCO India Country Head Himanshu Tand

TechM net falls 5.3%; enterprise biz crosses bn in quarterly revenue. Revenue for the quarter came in at Rs 13,734.6 crore for Q3 - up 19.9 per cent. On a sequential basis, revenue was up 4.6 per cent

FirstMeridian files new draft papers for IPO; cuts issue size to Rs 740 cr. Staffing firm FirstMeridian Business Services Ltd has refiled preliminary papers with capital markets regulator Sebi and reduced its Initial Public Offering (IPO) size to Rs 740 crore from Rs 800 crore planned earlier. The initial share-sale comprises fres

'Cement industry to close FY23 with 380 million ton production'. With healthy demand drivers for cement - urban housing, government's infrastructure and rural development thrust, the industry is expected to close FY23 with a production of 380-390 mn ton

Unsold housing stock fell 10% to 461,600 units at December-end: PropEquity. Unsold housing stocks dropped 10 per cent to 4,61,600 units across nine major cities at the end of the December on better sales, PropEquity said on Monday. According to its data, unsold housing inventories stood at 5,12,526 units at the end of the Septembe

L&T Q3 results: Net profit rises 24% to Rs 2,553 cr, rev beats estimates. Bloomberg consensus estimates had pegged L&T's net profit for Q3 at Rs 2,570 crore, reveals data compiled by BS Research Bureau

Counting losses: Adani group stock rout hits Rs 5.6 trillion in 3 days. Shares of Adani Green Energy and Adani Total Gas hit the 20 per cent lower circuit for a second day, closing at Rs 1,189 and Rs 2,342, respectively

BPCL Q3 results: Net profit falls 36% to Rs 1,747 cr, revenue up 13%. BPCL's market sales for the December quarter stood at 12.81 MMT versus 11.21 MMT reported last year

Birla scions Ananya & Aryaman join Aditya Birla Fashion & Retail Board. Ananya Birla is a business woman and platinum selling artist. She founded her first company, Svatantra Microfin at the age of 17 which is amongst India's fastest growing MFI's

State Bank of India plans to raise 0 million via green bonds. SBI has also issued green bonds worth 0 million since 2018-19 and a green loan worth €50 million in 2020-21

'No worry': Punjab National Bank allays concerns about Adani group exposure. Bank reports 44.2% decline in Q3 net profit as NPA provisions, costs rise

SC refuses to entertain JKC plea on Jet Airways employees' dues. The consortium had moved the Supreme Court earlier this month challenging the NCLAT Order of October 21, 2022

Rating firms seek exposure details from lenders on Adani companies. Rating agencies seek exposure details from lenders; their exposure amounts to 38% of the group's total debt

Manufacturing, services sector log 8.27% attrition in Q3: Report. The average attrition rate across manufacturing and services industries increased sequentially to 8.27 per cent in the October-December quarter, a report said on Monday. With a continuance of the 'Great Churn', attrition across industries witnessed a 0.46

Sebi bans 14 entities from securities market for 4 years period. Regulator Sebi on Monday barred 14 entities from the securities market for four years and imposed a penalty totalling Rs 70 lakh on them in a case pertaining to front-running by some former dealers of Reliance Securities Ltd and their connected entities. T

Textiles major Welspun India Q3 net profit declines 66.55% to Rs 43.83 cr. Home textiles major Welspun India on Monday reported a 66.55 per cent decline in consolidated net profit at Rs 43.83 crore in the third quarter ended December 2022, impacted by lower sales. The company had posted a consolidated net profit of Rs 131.06 cror

Bajaj Finserv net income jumps 42% to Rs 1,782 crore in Q3: Report. Bajaj Finserv, holding company of Bajaj Group's financial services businesses, on Monday reported a 42 per cent growth in consolidated net profit at Rs 1,782 crore in the quarter ended December 2022, on high double-digits revenue growth. The Pune-based com

Sanofi offers VRS to 800 staffers at India vaccine units amid review. The drugmaker is offering voluntary retirement scheme (VRS) to all its employees at two sites near Hyderabad

Transport Corporation of India Q3 profit rises 23% to Rs 95 crore. Supply chain and logistics solutions provider Transport Corporation of India Ltd (TCI) on Monday reported a 23 per cent growth in standalone profit after tax at Rs 95 crore in the quarter ended December 2022. The company had posted a PAT (Profit After Tax)

Mangalore Refinery and Petrochemicals swings to Q3 loss due to windfall tax. MRPL swung to a third-quarter loss from a year-ago profit on Monday, hurt by the government's windfall tax on some fuel exports and a surge in the cost of materials consumed

AWS reports Rs 745 cr revenue opportunity for businesses harnessing data. Organisations in India that harness the power of data can potentially grow their annual business revenue by 13.6 per cent on an average, which is equivalent to up to Rs 745.1 crore in additional annual revenue in case of large organisations, a new report b

PM Netanyahu to attend Adani grp's Haifa port acquisition ceremony. Prime Minister Benjamin Netanyahu will attend a ceremony here on Tuesday to celebrate the successful entry of the Adani Group in Israel through its acquisition of the Haifa port, which is being seen as a "strategic purchase" and probably the biggest foreig

SC upholds NCLAT order on payment of dues to ex-employees of Jet Airways. In a setback to the Jalan-Fritsch consortium, the new owners of the cash-strapped Jet Airways, the Supreme Court on Monday upheld an NCLAT order directing the payment of the provident fund and gratuity dues of the airline's former employees. A bench of Chi

Infrastructure finance company REC profit rises 5% in Q3 on lower expenses. India's state-owned infrastructure finance company REC Ltd on Monday reported a 5.1% rise in third-quarter profit, as it cut down its total expenses

Gautam Adani's .5 bn share sale faces crucial day after rout in stocks. For 60-year-old Adani, the stock market meltdown has been a dramatic setback for a school-dropout who rose swiftly in recent years to become the world's third richest man

Air India likely to post consolidated profit in current fiscal: Report. Air India had been ailing for a long time, before the Tata Group took it over on January 27 last year

Adani group hits back at Hindenburg, insists made full disclosure. Adani's response stated that over the past decade, its group companies have "consistently de-levered"

Singapore's Temasek remains invested in Adani Ports: Media report. Singapore investor, Temasek Holdings (Private) Limited, remains invested in Adani Ports and Special Economic Zone even though the Indian conglomerate is facing criticism from a US-based forensics research institution, according to a media report. Temasek r

Fraud can not be obfuscated by nationalism: Hindenburg on Adani's rebuttal. The US-based short seller said that the Adani Group 'tried to lead the focus away from substantive issues and instead stoked a nationalist narrative'

Core group of secretaries to hold meeting today to clear Concor EoI. The meeting is to be chaired by the cabinet secretary

Adani strikes back at Hindenburg. But can he win the perception war?. The Adani group has lost billion in stock-market value over two trading days

RazorpayX launches forex service for founders, to empower 1,000 startups. With an annualised run rate of Rs 350 crore under this forex service to date, the company expects it to scale up by 3-4 times in the next financial year

Tata Power ties up with Contour for digital trade finance network. Tata Power on Monday said it has partnered with Contour, a leading digital trade finance network based out of Singapore, to make its financial management process more robust, transparent and efficient. Contour's network uses decentralised technology (block

Most customers don't trust organisations over their data use in AI. Despite a difficult economic environment, organisations continue to invest in privacy, with spending up significantly from .2 million just three years ago to .7 million on average this year

RE company SolarArise sells portfolio to LSE-listed investment trust. Indian company has a portfolio of solar power projects in five states

India's Laurus Labs posts 32% profit jump on demand for drug ingredients. India's Laurus Labs Ltd reported a 32.1% rise in third-quarter profit on Monday, boosted by strong demand in its businesses that make chemicals and other ingredients used in medicines

Coworking firm Smartworks forays into Ahmedabad with 56k sq ft office space. Smartworks, which provides flexible office space, has taken on lease 56,000 square feet area in Ahmedabad to open its new centre as demand for flexible workspace from corporates rises in tier II cities. The company in a statement said it has forayed into A

Air India to use new program for real-time reporting of in-flight incidents. Air India on Monday said it will use UK-headquartered Ideagen's enterprise cloud software application Coruson to help enhance safety management and facilitate real-time reporting of in-flight incidents. The Tata group-owned airline's announcement also come

Dutch electronics giant Philips to cut 6,000 jobs worldwide over next 2 yrs. Dutch consumer electronics and medical equipment maker Philips said Monday it is cutting 6,000 jobs worldwide over the next two years as it revealed a net loss of 1.6 billion euros (USD 1.7 billion) in 2022, down from a net profit of 3.3 billion euros last

Adani Group CFO says stocks rout similar to colonial-era massacre. 'This is not merely an unwarranted attack on any specific company but a calculated attack on India'

10 yrs tax holiday, less holding period of ESOP shares: Startups on Budget. Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry

CPP Investments anchors new IndoSpace fund with 5 mn investment. Investment will add an additional 25-30 million square feet to real estate firm's portfolio

Edible oil makers get additional 6 months to remove packing temp details. The government has given six months more time till July 15 to edible oil makers, packers and importers to mention net quantity in terms of volume and weight on the labels instead of temperature at the time of packing, as part of efforts to curb unfair busi

Auto parts sourcing start-up CapGrid raises mn in series A from Nexus. Existing investors Axilor, Anicut Capital and Deepak Jain, partner at Bain & Co also participated; funds to be used to deepen firm's tech infra, hire talent, scale up cloud mfg with supply partners

LIC claims its equity exposure in Adani Group at 0.97% of total AUM. The Life Insurance Corporation (LIC) of India has claimed it has almost doubled its wealth invested in Adani group asset investments over the period

Exide Q3 net up 11.38% to Rs 199 cr on price hikes, growth across verticals. Revenue from operations rises 6.8% to Rs 3,539 crore on volume growth

Tech Mahindra's Q3 profit slides 5.3% as expenses jump on macro challenges. India's Tech Mahindra reported a fall in third-quarter profit on Monday, hurt by higher expenses and a subdued performance by its communications division

India's SRF beats Q3 profit view on strong demand in chemical business. SRF saw strong demand from overseas markets, higher capacity-utilisation of facilities and significant cost-savings across all product streams

Welspun India reports 68% drop in Q3 profit due to rising inflation. Analysts had, on average, expected a profit of 609.5 million rupees, according to Refinitiv IBES data

Abu Dhabi-based firm IHC to invest 0 mn in Adani Enterprises FPO. IHC subscribed to 16 per cent of Adani Enterprises worth USD 2.5 billion FPO

ITC starts Rs 450 cr food manufacturing, logistics facility in Telangana. Telangana Minister for IT and Industries K T Rama Rao on Monday inaugurated FMCG major ITC's Rs 450 crore state-of-the-art Integrated Food Manufacturing and Logistics Facility at Medak. The inauguration was done in the presence of Sanjiv Puri, Chairman and

Abu Dhabi's IHC to invest 0 mn in Adani Enterprises' follow-on offer. Investor says it has 'confidence and belief in the fundamentals of Adani Enterprises'

PhysicsWallah to hire 2,500 employees, partner with supply chain firm. Company hiring at a time when large Indian start-ups, especially in edtech, are laying off employees

Industrialists in Chhattisgarh freed from a hefty 'unwarranted' tax. Owners of the facilities located in the Urla Industrial Growth Centre - on the outskirts of capital Raipur - were in a fix over the huge penalty imposed due to a reported administrative error

Senior executives in India to see average pay hike of 9.1% in 2023: Study. Senior executives in India are expected to receive an average 9.1 per cent increase in their salaries this year, up from 8.9 per cent in 2022. According to leading global professional services firm Aon plc, the average CEO compensation was Rs 8.4 crore, an

Enzene Biosciences raises million, aims to expand into global markets. Enzene said it has built a highly experienced 400-person team under the leadership of Dr. Himanshu Gadgil, CEO at Enzene Biosciences Ltd

Macrotech Developers aims to cut debt by nearly 40% in 2023: MD Lodha. Realty firm Macrotech Developers Ltd aims to cut its net debt by nearly 40 per cent to around Rs 5,000 crore by the end of this calendar year with the help of surplus cash flow from strong housing sales, a top company official said. Mumbai-based Macrotech

Omega Seiki to invest 1 mn in EV components manufacturing units in India. Omega's battery facility in Maharashtra will have a capacity of 0.5 gigawatt initially and scale up to 2 gigawatt

Kidnapped for ransom, 26/11 survivor Adani faces his biggest challenge yet. He was kidnapped by bandits in 1998 for ransom and when terrorists attacked Mumbai almost 11 years later, he was among the hostages held at the seafront Taj Hotel. College-dropout Gautam Adani's knack of surviving crises and his business acumen has propell

M&A, other corporate deals surpass pre-Covid levels in 2022: PwC report. Despite global headwinds, mergers and acquisitions and other corporate deals in India surpassed pre-Covid levels to reach USD 159 billion with as many as 2,103 transactions in 2022, a 29 per cent increase from 2021 in terms of value, said a PwC India repor

Demand for optical fibre strong despite macro headwinds: Sterlite Tech. Digital solutions company Sterlite Technologies has said investment commitment of global customers for optical fibre remains strong despite macroeconomic headwinds and that telcos and hyperscalers will continue to spend to gain a market edge. According to

Mahanadi Coalfields sets up eco-park over closed underground mine in Odisha. Visitors to the park can also avail the opportunity of having a first hand experience of an underground mine

Adani confident of FPO sailing through; Sebi, other bodies probing sell-off. Richest Asian Gautam Adani's group on Sunday expressed confidence that the Rs 20,000 crore follow-on share sale of its flagship firm will sail through despite a massive hammering of the conglomerate's stocks following a scathing report by a US-based short

Go First to get Rs 210 crore under govt's credit line guarantee scheme: CEO. Wadia group-owned Go First expects to receive Rs 210 crore under the government's credit line guarantee scheme next month as the budget airline seeks to boost its financial position and expand operations. The airline, which received Rs 210 crore from the p

Bengaluru international airport to get additional 1,700 CISF personnel. A fresh deployment of about 1,700 CISF personnel has been sanctioned by the central government for providing anti-terror cover to the recently expanded Bengaluru international airport, officials said on Sunday. This will be in addition to the 3,500 men and

Ankit Nagori-led Curefoods aims to expand cloud kitchens across India. Curefoods is expecting to reach annual recurring revenue (ARR) of Rs 1000 crore (2 million) by the end of this year and it aims to be ready for an IPO in 18 months

LIC continues to bet big on Adani FPO, net gainer despite share price rout. Life Insurance Corporation (LIC) is ploughing more money into Adani group's flagship firm as it continues to be a net gainer despite the plunge in stock prices following a short seller's fraud allegations, filings and stock market data showed. LIC, India's

Hindenburg report 'gas and fire', our FPO, investment plans on track: Adani. Group cos churning Rs 1,100 cr Ebitda a week

Adani risk casts doubt on Wall Street's star emerging-market bet. The Adani Group dismissed the report as "maliciously mischievous" and said it's exploring legal action

Securities fraud by the 'Madoffs of Manhattan', says Adani group. It further said the report by Hindenburg Research is nothing but a lie

Adani's .5 billion share sale faces crucial day after Indian rout. Adani faces a critical day on Monday with his flagship company's .5 bn share sale's second day of bidding overshadowed by a bn rout in his stocks which was sparked by a US short seller's report

TVS Motors increases market share in electric two-wheeler space. Automaker raises share to over 16% with 9,153 registrations in January

DMRC, Airtel Payments Bank to provide another smart card top-up facility. Delhi Metro has partnered with Airtel Payments Bank to provide one more smart card top-up facility to commuters, officials said on Sunday. This new initiative is focused on contributing to the government's vision of Digital India and financial inclusion by

Startup 20 group to hold its inception meeting in Hyderabad on Jan 28-29. Hyderabad will host a two-day inception meeting of the Startup 20 Engagement Group, set up under India's G20 presidency, from Saturday. G20 is a grouping of developed and developing nations. India is holding its presidency for this year. Startup 20 is an i

Congress seeks probe after report raises concerns over Adani Group shares. The Congress called for an investigation after a US-based research firm in its report raised concerns about the possibility of shares of Adani Group companies declining from their current levels

Hindenburg report puts Asia's richest man Gautam Adani in eye of a storm. Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a US short seller cast doubts on his business

BharatPe paid Rs 1.69 cr salary to Ashneer, Rs 63 lakh to his wife in FY22. Fintech platform BharatPe paid a salary of Rs 1.69 crore to Ashneer Grover in FY22, while his wife Madhuri Jain Grover who was former head of controls at the company took home Rs 63 lakhs

BMW launches petrol, diesel variants of third-gen X1 SAV in India. Luxury car maker BMW on Saturday launched the all-new BMW X1 sports activity vehicle (SAV) in both petrol and diesel variants for consumers in India.

Hyundai, Kia sued in US for lack of anti-theft technology in some models. A Seattle City attorney in the US has filed a lawsuit against Hyundai Motor and its affiliate Kia for the lack of anti-theft technology in some of their models, the carmakers said.

NTPC net profit up nearly 5% at Rs 4,854 crore in Q3 on higher revenue. State-owned power giant NTPC on Saturday reported a nearly 5 per cent rise in its consolidated net profit to Rs 4,854.36 crore for the December quarter, mainly due to higher revenue. The company's consolidated net profit was Rs 4,626.11 crore in the quarte

Piyush Goyal calls for creation of network to strengthen start-up ecosystem. The Union Minister was addressing the inaugural session of the Inception Meeting of the Startup 20 Engagement Group of G20 in Hyderabad

No change in schedule, issue price of FPO, confident of success: Adani Ent. All our stakeholders including bankers and investors have full faith in the FPO, Adani Enterprise said in a statement

LG Electronics Q4 profit collapses on slumping demand, rising cost. But LG's electric vehicle (EV) parts business made a turnaround 10 years after it entered the market

GRSE signs pact with Rolls Royce Solutions to make marine diesel engines. Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a memorandum of understanding (MoU) with Rolls Royce Solutions of Germany for manufacture of high-quality marine diesel engines at the former's plant in Ranchi, an official said here

Reliance Power Q3 loss widens to Rs 291 cr, expenses rise to Rs 2,126 cr. Reliance Power on Saturday said its consolidated net loss widened to Rs 291.54 crore in the December 2022 quarter. The company's consolidated net loss was Rs 97.22 crore in the quarter ended December 2021, a BSE filing showed. The total expenses rose to Rs

GRSE partners Rolls Royce Solutions for building marine engines in India. GRSE and Rolls Royce Solutions will cooperate to manufacture under licence the technologically advanced MTU S4000 marine engines

News channel 'India Ahead' shuts down, employees not paid for months. The employees have alleged that they have not been paid their salaries for several months

1 yr of Air India with Tata: Controversies cloud turnaround, transformation. The pilots' body also demanded to be involved, as representatives of the Pilots, in deliberations regarding any change in conditions of service before any precipitative steps are taken

Through startups, Indian youth wants to become job creators: G Kishan Reddy. G Kishan Reddy also spoke about the various initiatives taken by the Government in fostering a vibrant innovation and start-up ecosystem

Answer on LIC, SBI's exposure to Adani stocks: K T Rama Rao to NDA Centre. The ruling BRS in Telangana on Saturday said the NDA government at the Centre needs to answer serious questions on LIC and SBI's large exposure to Adani Group stocks. Who "pushed" LIC and SBI to such a large exposure, the BRS claimed. "There are serious qu

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NSE share market NEWS tomorrow (30 January, 2023). NSE stocks in NEWS (tomorrow)

 

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