NSE share market NEWS tomorrow (27 January, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (27 January, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 January 2023
Bajaj Auto was amongst the top gainers, currently trading at 3936.75 in NSE with 6.326 times change in volumes and 5.901% change in price. Other gainers included Supreme Industries with 5.185% price change and 4.957 times volumes, Max Healthcare with 3.754% price change and 1.205 times volumes, Tube Invest with 3.72% price change and 4.4 times volumes, and Dr Reddy with 2.691% price change and 3.252 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 1486.25 in NSE with 4.787 times change in volumes and -19.999% change in price. Other losers included Dixon Techno with -19.086% price change and 21.705 times volumes, Adani Enterprises with -18.516% price change and 4.005 times volumes, Ambuja Cements with -17.329% price change and 2.706 times volumes, and Adani Ports with -16.294% price change and 3.757 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.
Tata's Air India to seal half of jumbo plane order of 495 jets: Report. The order, once finalised, aims to put Air India in the league of large global airlines
What really worries Indians about Gautam Adani and his companies. If Adani's companies can deliver a fraction of what he has pledged, then perhaps, in time, they might even grow into the valuations they have already achieved on paper
Adani Group poses no significant downside risk to Indian banks: CLSA. CLSA said that even though the group's bank debt has increased 25 per cent in the past three years, the share of bank debt in overall group debt has reduced
Air India-Vistara to get .5-.8 billion from Tata Sons: Report. The investments will be made from the proceeds received as dividend income from Tata Consultancy Services (TCS) and other firms of the group
Air India's progress has been nothing short of stunning: CEO Wilson. Air India chief Campbell Wilson on Friday said the airline's progress over the last 12 months has been "nothing short of stunning" and there is much more to be done as Tata group completes the first year of takeover of the carrier. Listing out the major in
BharatPe loses Rs 5,610 cr in FY22 after change in fair value of CCPS. Apart from the CCPS cost, the company's adjusted loss grew 2.2 times to Rs 828.2 crore in FY22, from Rs 227.3 crore in the earlier fiscal year
Microsoft partners with global solar leader Qcells to curb carbon emissions. Tech giant Microsoft has announced that it has partnered with global solar leader Qcells to curb carbon emissions and power the clean energy economy
Hindenburg vs Adani: Short selling not shareholder activism, says InGovern. No new facts in Hindenburg report about Adani Group, says corporate governance firm
Rolls-Royce's performance 'unsustainable', says CEO Tufan Erginbilgic. The new CEO Erginbilgic told employees that they lose money in every investment and investors were losing patience with the engineering group
Google employing 'delaying tactics' and exploiting loopholes, say startups. Indian startups said that the company is using the same "playbook" it employed in Europe and South Korea
Amid layoffs, techies looking for ways to get more 'secure' jobs: Report. Global tech companies have laid off around 70,000 employees in the last one year
Market regulator Sebi increases scrutiny of Adani group deals: Sources. The regulator had sought clarity from the group on these entities when the group approached it for regulatory clearance last year. These responses are under regulatory examination, sources said
Glenmark Life Sciences profit rises 1% in Dec quarter on API strength. The Mumbai-based drug maker's profit rose to 1.05 billion rupees (.86 million) in the three months ended Dec. 31, from 1.04 billion rupees a year ago
Anupam Rasayan net profit jumps 43.61% to Rs 54.43 crore in Dec qtr. Chemicals maker Anupam Rasayan India Ltd on Friday posted a 43.61 per cent jump in its consolidated net profit to Rs 54.43 crore in the third quarter of the current fiscal. The company's net profit stood at Rs 37.90 crore in the same quarter of the previou
Vedanta's Q3 net profit falls 42%, announces dividend of Rs 12.5 a share. Vedanta Q3 result: On a quarterly basis, however, the profit is up 15 per cent
Bajaj Finance net profit jumps 40% in Q3 to Rs 2,973 crore; AUM up 27%. Bajaj Finance Q3 result: The new loans booked during the quarter were highest ever at 7.84 million
SAIL-Bhilai Steel Plant crosses 1 MT in plate production in FY23. Besides Bharat Heavy Electricals (BHEL), the Indian Railways and two private infrastructure companies had placed bulk orders
DGCA slaps Rs 10 lakh fine on Go First for Bangalore airport incident. Aviation regulator DGCA on Friday imposed a Rs 10 lakh fine on Go First for the incident wherein 55 passengers were left behind in a passenger coach at Bangalore airport on January 9. The Directorate General of Civil Aviation (DGCA) had issued a show-cause
JK Tyre launches specialised product range, sees demand from EV, SUVs. Company launches smart tyres that give real-time updates about pressure, temperature and punctures to phone app
DGCA imposes Rs 10-lakh penalty on Go First for 9 January incident. This is the third case of an airline getting penalised for lapses
Gautam Adani's US dollar bonds fall after report by Hindenburg Research. In an approximately 100-page report, Hindenburg Research alleges a web of Adani-family controlled offshore shell entities in tax havens, in the Caribbean, Mauritius and the United Arab Emirates
Accel, Tiger Global mulling to exit e-commerce firm Flipkart: Report. Accel owns a little over 1 per cent of Flipkart, while Tiger Global holds about 4 per cent of the company
Adani group may sue Hindenburg for 'mischievous, mala fide' report. US firm stands by report, says will demand documents in legal battle
Hapag-Lloyd to buy 40% stake in container terminal firm JM Baxi Ports. Hapag-Lloyd to buy 40% stake in container terminal firm JM Baxi Ports
Dell acquires Israel's cloud services start-up Cloudify for 0 million. Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and infrastructure automation
Hindenburg allegations against Adani puts investor trust in India in doubt. If Hindenburg is right, then a network of shadowy operators has placed itself right in the middle of those conflicting impulses
IGL Q3 net profit drops 11% at Rs 334 cr on holding CNG, piped gas prices. Indraprastha Gas Ltd, the firm that retails CNG and piped cooking gas in the national capital and other cities, reported 11 per cent drop in third quarter net profit after it held retail prices despite rise in input cost. Consolidated net profit of Rs 334.
Adani group looks to invest in petrochem, mining projects in Azerbaijan. Asia's richest man Gautam Adani's group is eyeing petrochemical and mining projects in Azerbaijan as the ports-to-energy conglomerate looks to expand the business beyond Indian shores. Adani met Azerbaijan President Ilham Aliyev in Davos last week, accordi
Maruti Suzuki India's pending orders rise to around 405,000 units in Jan. Maruti Suzuki India's pending orders have jumped to around 4.05 lakh units this month as the inflow of bookings continues to be steady, while newly introduced SUVs Jimny and Fronx also added to the numbers, according to a senior company official. The booki
DLF sales booking up 45% to Rs 6,599 cr in Apr-Dec; to meet Rs 8k cr target. Realty major DLF Ltd has achieved a 45 per cent growth in sales bookings to Rs 6,599 crore in April-December this fiscal on better demand and is on track to achieve its annual sales guidance of Rs 8,000 crore, a senior company official said. DLF's -- the c
Suzuki Motor Corp to launch 6 battery electric vehicles in India by FY2030. Japan's Suzuki Motor Corporation on Thursday said it will introduce six battery electric vehicles in India by FY2030 as part of its growth strategy and achieve carbon neutrality by 2070 as per the target set by the government. In the growth strategy for FY
Renault, Nissan aim to announce deal on reshaped alliance on Feb 6: Report. The boards of the two firms would still need to individually approve a potential deal after Thursday's meeting
Tata Chemicals Europe, Vertex sign low-carbon hydrogen offtake agreement. Vertex will supply TCE with hydrogen as the manufacturer continues to decarbonise its operations in the UK with a target of achieving "net zero" manufacturing by 2030
Dow Inc is planning to cut about 2,000 jobs, almost 5% of its workforce. Materials science company Dow is cutting about 2,000 jobs, or approximately 5 per cent of its global workforce, as part of an effort to reach USD 1 billion in cost savings this year. The Midland, Michigan-based company currently employs approximately 37,80
Vertex inks pact with Tata Chemicals Europe for sale of low-carbon hydrogen. Essar group-promoted Vertex Hydrogen has signed a deal for the sale of over 200 megawatts of low-carbon hydrogen to Northwich-based Tata Chemicals Europe (TCE), the firm said Thursday. "Under the new offtake agreement, Vertex will supply TCE with hydrogen
Best Agrolife Q3 net profit jump 98% to Rs 30.61 cr; revenue up 41%. Agro-chemical firm Best Agrolife Ltd has posted a 98 per cent growth in its consolidated net profit to Rs 30.61 crore for the third quarter ended December 2022. Its net profit stood at Rs 15.47 crore in the year-ago period, according to a regulatory filing
Bikaji Foods posts PAT of Rs 33.05 cr, total income increases 15.8% y-o-y. The company has also reappointed Sachin Kumar Bhartiya as a Non-Executive and Non-Independent Director
If Adani Group files lawsuit, we will demand company documents: Hindenburg. Hindenburg Research stands by its report on Adani, will seek disclosures in US court proceedings
Real estate sector backs proposed IBC rule change for defaults. According to experts, defaults in the real estate sector often pertain to specific projects instead of the whole group
Vodafone board to discuss Rs 1,600 cr debenture issue for ATC on Jan 31. Debt-ridden Vodafone Idea's board will meet on Tuesday to discuss a proposal to issue Rs 1,600 crore debentures to mobile tower vendor ATC Telecom Infrastructure. Vodafone Idea (VIL) and ATC had agreed to extend the last date to issue optionally convertibl
IBM, SAP SE to cut thousands of jobs globally amid tech layoffs. Dow, EY also announce cuts
Budget 2023: FHRAI pitches for infrastructure status to hospitality sector. The hospitality sector needs to be accorded infrastructure status by the Centre to help it avail long-term funds under the RBI infrastructure lending norm criteria, according to Federation of Hotel & Restaurant Associations of India. In its pre-Budget dema
Tata Motors turns the corner: Swings into profit after 7 quarters. Strong order book, improved chip supply and softening commodity prices major factors
No new payment plan from Vodafone Idea, situation dynamic: Indus Towers. A significant part of the payment for Oct-Dec has been cleared by Vi, but instalment for January remains unpaid
US-based Hindenburg Research accuses Adani Group of share rigging, fraud. Adani group questions report's timing, calls it malicious
Jyothy Labs Q3 net profit jumps 77.25% to Rs 674 crore, revenue rises. FMCG firm Jyothy Labs Ltd on Wednesday reported a 77.25 per cent jump in its consolidated net profit at Rs 673.9 crore in the third quarter ended December 31, 2022. The company had posted a consolidated net profit of Rs 380.2 crore in the same period last
Adani Ent collects Rs 5,985 cr from anchor investors ahead of FPO. Gautam Adani-led group's flagship firm Adani Enterprises Ltd on Wednesday said it has raised Rs 5,985 crore from anchor investors ahead of its follow on public offering. The company has decided to allot a total of 1,82,68,925 equity shares to 33 funds at R
ITC announces initiative to promote millets for food, nutritional security. Diversified entity ITC Ltd on Wednesday announced an initiative to promote millets in food as part of its steps to ensure food and nutritional security in the wake of challenges from climate change. The company will be putting together strengths of its agr
DLF's net profit up 35% in Q3, total revenue falls to Rs 1,560 crore. Exceptional expenses last year boost profit in Q3
Torrent Pharma Q3 PAT up 14% to Rs 249 crore riding on India, Brazil. Torrent Pharma's revenues came in at Rs 2,491 crore for the quarter under review. The Ebitda margins were at 29.1 per cent while gross margins were 71 per cent during Q3FY23
Private banks post 31.7% YoY growth in Q3, net profit rises to Rs 35,166 cr. Healthy interest margins, credit offtake boost bottomline; provisions show subdued rise on better asset quality
Two co-founders at Google and Twitter-backed Sharechat step down. This comes a week after Mohalla Tech Pvt Ltd, the parent company of homegrown video-sharing platforms ShareChat and Moj, laid off 20 per cent of its workforce, comprising around 500 employees
Tata Steel Long Products reports loss of Rs 237 crore in Q3, income rises. Tata Steel Long Products Ltd on Wednesday reported a standalone loss of Rs 236.93 crore in the quarter ended December 31, 2022. In contrast, the company had posted a standalone profit of Rs 103.88 crore in the year-ago period, Tata Steel Long Products Ltd
TVS Credit posts 75% rise in Q3; net profit rises to Rs 97.97 crore. The company's total income for the quarter under review was also up by 51 per cent to Rs 1,094.13 crore, as against Rs 723.6 crore during the third quarter of the previous financial year
Air India offers nearly 98 cr shares to employees under stock option scheme. Air India has offered around 98 crore shares of the company to its permanent employees as part of a stock option scheme. The shares are also being offered to the permanent staff of Air India Express as part of the Employees' Share Benefit (ESB) Scheme 2022
Govt extends tenure of Sangeeta Verma as CCI's acting Chairperson. The government has extended the tenure of Sangeeta Verma as the acting Chairperson of the Competition Commission of India (CCI). Verma has been the acting Chairperson of the anti-trust regulator since October last year after Ashok Kumar Gupta demitted offi
DGCA action 'excessive', we stand by suspended pilot, says Air India. The airline will assist the pilot in appealing against the order
Akasa Air to start flights from Hyderabad to Bengaluru, Goa from Wednesday. Akasa Air on Tuesday announced it will operate daily flights between Hyderabad and Bengaluru and between Hyderabad and Goa starting from January 25. Two additional Hyderabad-Bengaluru frequencies will be added starting February 15, the airline said. Akasa
Pidilite posts surprise fall in Q3 net on higher input costs, weak demand. Pidilite, known for its synthetic resin adhesive Fevicol and waterproofing product Dr. Fixit, reported a 4.7% rise in cost of raw materials
IndianOil to pump in Rs 2,200-cr investment for projects in Tamil Nadu. Indian Oil Corporation has lined up investments of over Rs 2,200 crore in Tamil Nadu in the next two years towards taking up major grassroots and expansion projects in the state, a senior company official said on Tuesday. The projects include 'grass-roots
J&J forecasts strong profit, beats Wall Street estimates on pharma boost. Shares of the drugmaker were up nearly 1% at 0.28 in trading before the bell
Vistara cash flow sufficient, won't need fund infusion for 6 months: CEO. Tata-Singapore Airlines joint venture made its first net profit in December-end quarter
Indian SaaS firms to have 8% of world market, get bn in revenue: Study. Most Indian investors expect to increase, maintain capital allocation to sector
PepsiCo Foundation, CARE bring global women farmer programme to Bengal. The programme 'She Feeds the World' focuses on strengthening the role of small-scale women producers across three dimensions: economic, social and environmental
3M plans to cut 2,500 jobs globally as outlook signals more turbulence. 3M shares dropped as much as 4.7% before the start of regular trading in New York
TeamLease Edtech, PeopleCert tie up to up-skill corporate execs, graduates. With this agreement, TeamLease EdTech aims to upskill the Indian workforce to meet high-speed growth in IT and industry
EaseMyTrip acquires 55% stake in real-time marketplace cheQin for Rs 3 cr. Online travel tech platform EaseMyTrip.com on Tuesday said it has acquired a 55 per cent majority stake in cheQin for Rs 3 crore. cheQin is a real-time marketplace, which allows travellers to bargain with hoteliers without any effort. The deal will help in
Tata Trusts appoints Siddharth Sharma as CEO, Aparna Uppaluri as COO. Both appointments will take effect on April 1 of this year
PNB Housing Finance Q3 results: Net profit rises 43% at Rs 269 crore. In comparison, the housing finance company (HFC) had booked a net profit of Rs 188 crore in the December quarter of FY22 and Rs 263 crore in the September quarter of FY23
Nomura hires ICICI Securities' Natarajan to head India ECM business: Report. Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the hiring decision is not public
SC sets aside Allahabad HC order refusing to entertain YES Bank's plea. The Supreme Court Tuesday set aside the Allahabad High Court order refusing to entertain the Yes Bank plea challenging police investigation into an FIR lodged by the Essel Group in connection with the bank-Dish TV dispute on pledging of shares. A bench com
Macrotech Developers Q3 net rises to Rs 404 cr, income dips to Rs 1,902 cr. Realty firm Macrotech Developers Ltd on Tuesday reported a 41 per cent increase in its consolidated net profit at Rs 404.98 crore for the quarter ended December. Its net profit stood at Rs 286.38 crore in the year-ago period, the company said in a regulato
Lupin Digital launches Lyfe, a 24x7 monitoring ecosystem for heart patients. Company aims to onboard one million patients the platform, which aims to help them improve heart health through doctor-connected online and offline modules
'Run like a fiefdom': Sebi slaps Rs 26-crore penalty on Coffee Day. Regulator seeks action to recover Rs 3,500 cr diverted from company
Ola subsidiary ties-up with Dbest Cars to dispose of used fleet vehicles. Ola Fleet Technologies on Tuesday said it has partnered with Dbest Cars India to dispose of its used commercial fleet vehicles in a deal worth over Rs 125 crore. As the largest radio taxi company in India, Ola Fleet Technologies, is undertaking the process
Colgate-Palmolive Q3 results: Net profit down 3.6% to Rs 243 crore. The toothpaste major's revenue from operations stood at Rs 1,281.2 crore
Citi names Aditya Bagree markets head for India, South Asia cluster. Bagree will report to Citi India's CEO Ashu Khullar and Citi's Asia Pacific head of markets, Julia Raiskin
No coercive action against Jet Airways founder, wife till Jan 31: HC to ED. The Bombay High Court has directed the Enforcement Directorate not to take any coercive steps till January 31 against Jet Airways founder Naresh Goyal and his wife Anita Goyal in a money laundering case. A division bench of Justices Revati Mohite Dere and
Amazon adds prescription drug discount programme to health care business. Amazon is adding a prescription drug discount programme to its growing health care business. The retail giant said Tuesday that it will launch RxPass, a subscription service for customers who have Prime memberships. Amazon said people will pay USD 5 a mont
Pilot's licence suspension over passenger incident 'excessive': Air India. The regulator also suspended the licence of the pilot-in-command on the New York-New Delhi flight for three months
Strides Pharma reports Q3 net loss of Rs 82 cr, revenue rises to Rs 865 cr. Strides Pharma Science on Tuesday reported a consolidated net loss of Rs 82 crore for the third quarter ended December 31, 2022. The drug firm had reported a net loss of Rs 127 crore in the October-December quarter of previous fiscal. Revenue from operatio
Indus Towers makes Rs 2,298-crore provision for Vodafone Idea receivables. Firm reports loss of Rs 708 crore in Q3; in Q2 it had recorded a profit of Rs 872 crore
Jet Airways lenders move NCLAT against Jalan-Kalrock consortium. According to the revival plan, the consortium proposed a total infusion of Rs 1,375 crore, including Rs 900 crore towards capex and working capital and Rs 475 crore to settle claims of the creditors
Healtech startup Innovaccer lays off 15% employees amid structural rejig. An Innovaccer spokesperson said that the company's priority is to fully support its impacted employees, which includes offering them a generous package
United Spirits Q3 net declines 27% to Rs 214 cr, income dips to Rs 6,631 cr. Diageo-controlled liquor maker United Spirits on Tuesday said its consolidated net profit declined by 27 per cent to Rs 214 crore in the third quarter ended December 31, 2022. The company had reported a net profit of Rs 295 crore in the October-December qu
Air India modifies in-flight alcohol service policy amid recent incidents. Amid recent incidents of unruly passenger behaviour, Air India has modified its in-flight alcohol service policy wherein cabin crew have been told to tactfully further serving of alcohol if needed. The Tata group-owned airline has been slapped with penalti
Jaypee Infra insolvency: Lenders, except ICICI Bank, assign debt to NARCL. Debt-ridden Jaypee Infratech, which is facing insolvency proceedings, on Tuesday said that all the consortium lenders -- excluding ICICI Bank -- have assigned their debt to National Asset Reconstruction Company Ltd (NARCL). Jaypee Infratech Ltd (JIL) is cu
Indian SaaS companies to reach bn by 2027: Bain & Company report. Indian Software-as-a-Service companies are expected to grow in the range of 20-25 per cent per annum to USD 35 billion in annual recurring revenue by 2027, consultancy firm Bain & Company said in a report on Tuesday. According to the "India SaaS Report 202
JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh. Singh had been JPMorgan's interim CEO since November, replacing Madhav Kalyan who - in October - was named head of payments for Asia Pacific
Climate tech start-up Ecozen raises mn to expand beyond agriculture. The debt portion was provided by Maanaveeya Development and Finance, Oxyzo, Northern Arc group, HDFC Bank and Axis Bank
Google CEO Sundar Pichai tells staff job cuts avoided 'much worse' issues. Google has said it would eliminate about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring
India bluechips to shift to world's fastest settlement cycle T+1 this week. Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process
Tata Motors reducing discounts on trucks to improve margins: Report. Tata Motors sells over 50 per cent of all the medium and heavy trucks in the country yet its margins have remained thin
Maruti Suzuki probing allegations of malpractices by executives: Report. The company has taken possession of the laptops and phones of the executives under the lens
Property data start-up Landeed raises .3mn in seed round funding. Company says it will use financing to build property title search engine, improving technology
Blackstone in talks with Bain to sell 0 mn stake in top REIT: Report. A deal would mark US-based Bain's first REIT investment in India where office space is drawing in investors as many workers have returned to offices with the waning of the Covid-19 pandemic
Sentiment in realty sector drops in Dec qtr but remains positive: Report. The sentiment index is based on the survey of supply-side stakeholders like developers, investors and financial institutions
Maruti Suzuki's net profit in Q3FY23 more than doubles, revenue up 25%. Maruti Suzuki Q3 results: The company sold 465,911 vehicles in the quarter, up from 430,668 units the same quarter last year
Maruti Suzuki begins probe into alleged purchasing dept wrongdoings. Investigation follows whistleblower complaint that executives took money from suppliers
IIFL Securities December quarter profit after tax down 25% to Rs 64 crore. Total income also dropped 6 per cent to Rs 347 crore for the quarter under review from Rs 368 crore in the quarter ended on December 31, 2021
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