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NSE share market NEWS tomorrow (24 January, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 January, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 January 2023

Fsn E was amongst the top gainers, currently trading at 134.35 in NSE with 2.093 times change in volumes and 7.695% change in price. Other gainers included Pg Electroplast with 6.031% price change and 15.489 times volumes, Pnb Housing with 4.823% price change and 4.516 times volumes, Amber Enterprises with 4.014% price change and 5.048 times volumes, and Sona Blw with 3.555% price change and 2.72 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.

Syngene Internatio was amongst the top losers, currently trading at 581.05 in NSE with 2.408 times change in volumes and -3.99% change in price. Other losers included Rbl Bank with -3.973% price change and 0.592 times volumes, Delhivery with -3.818% price change and 0.368 times volumes, Torrent Power with -3.513% price change and 0.371 times volumes, and Pi Industries with -2.979% price change and 0.841 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.

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

Poonawalla Fincorp stock jumps over 6% on strong quarterly results. Shares of financial services company Poonawalla Fincorp on Tuesday jumped over 6 per cent in early trade after the firm reported a rise in net profit for the third quarter. The stock climbed 6.27 per cent to Rs 308.55 in morning trade on the BSE. On the NS

Colgate-Palmolive Q3 net dips 4% to Rs 243 cr, income rises to Rs 1,302 cr. Colgate-Palmolive (India) on Tuesday said its net profit declined by 4 per cent to Rs 243 crore in the third quarter ended December 31, 2022. The company had reported a net profit of Rs 252 crore in the October-December period of the previous fiscal. Total

Jio announces largest-ever launch of 'True 5G' services across 50 cities. Reliance Jio on Tuesday announced the roll out of its 5G services across 50 cities, terming it the largest-ever launch of these services. According to Jio statement, these cities are spread across Andhra Pradesh, Assam, Chhattisgarh, Goa, Haryana, Jharkhan

CG Power and Industrial Solutions Q3 profit falls 58% to Rs 228 crore. CG Power and Industrial Solutions on Tuesday said its consolidated net profit declined 58 per cent to Rs 227.86 crore in December quarter 2022-23. The company's net profit in the year-ago period was Rs 545.06 crore, according to a BSE filing. Total income

IPO-bound BharatPe appoints three top execs amid legal battle with Ashneer. Founded in 2018, BharatPe is currently serving 1 crore merchants across more than 400 cities

Paris-New Delhi flight incidents: DGCA slaps Rs 10 lakh fine on Air India. Aviation regulator DGCA on Tuesday imposed a fine of Rs 10 lakh on Air India for not reporting two incidents of unruly passenger behaviour onboard a Paris-New Delhi flight in December last year. This is the second time in less than a week that the watchdog

Edtechs' Budget wishlist: Lower taxes, higher funding, greater incentives. Struggling with drying investment, dealing with cost cutting, the sector hopes Budget eases the pain

Adani slips to 4, Bezos enters top 3 in world's richest people list. The net worth of Gautam Adani, the chairman of Indian conglomerate Adani Group, now stands at 0 billion while Jeff Bezos net worth rose to 1 billion

Zomato rebranding, not shutting down 10-min delivery service: Official. Zomato is rebranding Instant, its ten-minute food delivery service, and not shutting it down, a company spokesperson said. The statement has come amid reports claiming that the company was planning to close Instant, launched less than a year ago, owing to

Price hikes, top-end car sales drive Maruti Q3 net up 130% to Rs 2,391 cr. Favourable forex variation, softening commodity prices and higher non-operating income drive performance, consolidated revenue jumps 26.9% to Rs 29,918 crore

Sunteck Realty's sales bookings rise 12% to Rs 396 crore on better demand. Sunteck Realty Ltd on Tuesday reported a 12 per cent increase in its sales bookings to Rs 396 crore on better demand. The company's sales bookings stood at Rs 352 crore in the year-ago period. "We had pre-sales of around Rs 396 crore in Q3 FY23, up 12 per

SBI Card Q3 profit rises 32% to Rs 509 crore, GNPA declines to 2.22%. SBI Cards and Payment Services Ltd on Tuesday reported a 32 per cent rise in its December quarter net profit at Rs 509 crore. The pure-play credit card company, promoted by SBI, had posted a net profit of Rs 386 crore during the corresponding period of the

PNB Housing Q3 net rises 43% to Rs 269 cr; retail loan asset grows 6.6%. PNB Housing Finance on Tuesday reported 43 per cent growth in consolidated profit after tax (PAT) at Rs 269 crore for the third quarter ended December 31, 2022. The company's net profit was Rs 188 crore in October-December period of 2021-22. Loan asset sto

Vistara expects to have 70 planes in fleet by mid-2024: CEO Vinod Kannan. Full service carrier Vistara will continue to expand and expects to have a total of 70 planes by mid-2024, its chief Vinod Kannan said on Tuesday. The airline, a joint venture between Tata Sons and Singapore Airlines, reported an operating profit for the f

Venture capital investments in Indian start-ups plunge 38% in 2022: Report. Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of it

PowerGrid InvIT Q3 net dips 6% to Rs 216 cr, income declines to Rs 331 cr. Powergrid Infrastructure Investment Trust on Tuesday reported a more than six per cent decline in its consolidated net profit to Rs 216.82 crore in the December 2022 quarter. The consolidated net profit was Rs 232.63 crore in the quarter ended December 31,

Tata Coffee consolidated Q3 net profit declines 45% to Rs 38 crore. Tata Coffee on Tuesday reported a 44.71 per cent decline in consolidated net profit during the December quarter at Rs 38.40 crore. The consolidated net profit of Tata Coffee Ltd (TCL) stood at Rs 69.46 crore in the year-ago period, it said in a regulatory

TVS Motor Q3 results: Profit rises 22% to Rs 353 crore on price hikes. TVS', which operates in 80 countries including South Africa, Argentina and Sri Lanka, revenue from operations rose to Rs 6,545 crore from Rs 5,706 crore

BharatPe makes 3 hires for corporate governance, compliance, data security. Fintech firm says it is essential to strengthen the roles as it 'focuses on getting IPO ready'

DGCA fines Air India Rs 10 lakh for not reporting second peeing incident. Says airline failed to report incident to the regulator and delayed referring it to the airline's internal committee

HDFC AMC's Q3 profit up 3% to Rs 369 cr, revenue rises 1.8% to Rs 560 cr. Profit for the nine months ended December 31, 2022 was flat at Rs 1,048 crore

TVS Motor Q3 net up 28% to Rs 304 cr; EV sales surge 80% to 29,000 units. Operating EBITDA grows 16% to Rs 659 crore, EBITDA margin flat at 10.1%

Alcohol should be served in a 'reasonable, safe manner': AI to cabin crew. Cabin crew observations of the quantity, rate and type of alcohol consumed by a guest can help in the assessment of whether that person is unduly intoxicated

Tata group-owned AIX Connect violates norms on pilot proficiency checks. The airline is alleged to have violated the norms pertaining to Pilot Proficiency Check and Instrument Rating tests (PPC/IR) and could face a financial penalty of up to Rs 1 crore

Women's IPL teams auction: BCCI set for another Rs 4,000 crore windfall. Among the traditional IPL teams, Mumbai Indians, Rajasthan Royals, Delhi Capitals, KKR could seriously contemplate to add to the bouquet of their already existing men's teams across the globe

Bharat Biotech starts voluntary recall of rabies vaccine after batch theft. Company had tested the batch and released it, but part of it was stolen, for which cold chain storage integrity was unknown. Decision made to recall the entire batch

RattanIndia Power Q3 net loss widens to Rs 479 crore on higher expenses. RattanIndia Power on Monday reported widening of its consolidated net loss to Rs 479.76 crore for the December quarter, mainly due to higher expenses. The consolidated net loss of the electricity producer stood at Rs 386.69 crore in the quarter ended Decem

Jindal Stainless Q3 profit drops 32% to Rs 298.56 cr due to higher expenses. Jindal Stainless on Monday reported 32.4 per cent drop in consolidated profit at Rs 298.56 crore for the quarter ended December, mainly due to higher expenses. The company had posted a consolidated profit of Rs 441.78 crore in the year-ago period, Jindal S

Zomato stops 10-minute food delivery offering, CEO announces 800 job posts. Media reports say 10-minute biz struggling; company denies, says it is just being rebranded

Gland Pharma Q3 net declines 15% to Rs 232 cr due to production delays. Gland Pharma Ltd on Monday reported a 15 per cent decline in consolidated net profit at Rs 231.95 crore for the third quarter ended December 2022, impacted by production delays due to supply disruptions. The company had posted a consolidated net profit of

Goyal asks businesses to adopt sustainable, green approach in practices. He mentioned that India was one of the top five countries in the world in terms of adopting and implementing environmental goals

Shoppers Stop Q3 profit jumps 24% to Rs 63 crore on festive demand. Shoppers Stop's net profit rose to Rs 620.6 million (.63 million) for the quarter ended Dec. 31

Axis Bank Q3 net jumps 62% YoY to Rs 5,853 cr on robust interest income. The lender aims to maintain as much cushion on NIMs as possible

Tata Motors confirms delisting from NYSE, termination of ADS programme. Tata Motors on Monday said the voluntary delisting of its American Depositary Shares, representing ordinary shares, from the New York Stock Exchange will become effective close of trading on January 23, 2023. After Monday, there will be no over-the-counter

NCLT's final order on bankrupt Reliance Capital bid by next week. The matter is reserved for judgment and the NCLT Bench mentioned that the order will be issued next week

Manish Gunwani to replace Anoop Bhaskar as CIO-Equities at IDFC MF. Gunwani, who left Nippon India MF in November last year, will replace Anoop Bhaskar, who is moving out of IDFC MF

Flipkart's social commerce arm Shopsy sees six-fold customer growth in 2022. Shopsy crossed over 100 million users in September 2022 ahead of its target timeline of early 2023

Poonawalla Fincorp Q3 net up 88% to Rs 150 cr, income rises to Rs 519 cr. Poonawalla Fincorp Limited on Monday reported an 88 per jump in net profit to Rs 150 crore for the third quarter ended December 2022. The non-deposit-taking non-banking finance company (NBFC) focusing on consumer and MSME finance had reported a net profit

HFCL Q3 net profit surges 25% to Rs 102 crore; revenue at 1,086 crore. Domestic telecom gear maker HFCL Limited on Monday posted a 25.3 per cent year-on-year rise in consolidated net profit for the December 2022 quarter at Rs 102 crore. Its net profit stood at Rs 81 crore in the corresponding period of previous year, accordin

Canara Bank's profit up 92%; Poonawalla Fin net jumps 88% to Rs 150 crore. While its assets under management grew 28 per cent YoY at Rs 13,929 crore, Poonawalla Fincorp's gross non-perfo­rming assets were down by 236 basis points YoY to 1.69 per cent

Tata Communications Q3 net flat at Rs 394 cr; revenue rises to Rs 4,528 cr. Tata Communications on Monday reported a consolidated net profit of about Rs 394 crore for the just-ended December 2022 quarter, a tad lower than the year-ago period. The Q3 FY23 net profit was 0.3 per cent lower than last year's figure of about Rs 395 cro

Mahanadi Coalfields expects 13% production rise to 190 mn tonnes in FY23. Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd, aims to achieve approximately 190 million tonnes of dry fuel production in the current fiscal

Zomato CEO Goyal says aware of fraud at delivery agents' end, fixing it. After an entrepreneur complained in a LinkedIn post that a Zomato delivery agent the company's Founder and CEO Deepinder Goyal said he is "aware" of this fraud and is "working to plug the loopholes"

BPCL plans to shut Bina refinery in June for a month for maintenance. The state-run refiner also plans to shut half of its 240,000 bpd Mumbai refinery in western India for three to four weeks in September-October for maintenance

Apple first company to export phones worth bn in a month from India. Apple overtook Samsung to become the highest exporter from India

Spotify to start handing over pink slips as soon as this week: Report. In October, Spotify laid off 38 people from its Gimlet Media and Parcast podcast studios

EaseMyTrip to establish offline retail stores through franchise model. Products and services that will be offered under the EaseMyTrip Franchise will include flight booking, group fares, hotels, holidays, IRCTC (rail booking), cabs, buses, cruises, charters, and visas

Deeptech battery startup Log9 raises million, aims global footprint. Log9, backed by its recent series of investments, aims to solve the challenges around safety, reliability, and performance by investing further into cell and battery technologies

Mahanadi Coalfields Ltd to set up Rs 12,000 cr power plant in Odisha. Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, is looking to diversify into power generation, and plans to set up a Rs 12,000 crore power plant in Odisha

Google pauses green card applications from employees amid layoffs. Amid the layoffs come another bad news for employees, especially from India in the US, as Google has paused its Program Electronic Review Management (PERM) program

Thousands of Indian IT professionals jobless, scrambling for options in US. Thousands of Indian IT professionals in the US, who have lost their jobs due to the series of recent layoffs at companies like Google, Microsoft and Amazon, are now struggling to find new employment within the stipulated period under their work visas follo

IndiGrid to acquire 100% stake in Khargone Transmission for Rs 1497 crore. India Grid Trust (IndiGrid) will acquire a 100 per equity stake in Khargone Transmission at an enterprise value of about Rs 1,497.5 crore. The acquisition will be for a cash consideration of an enterprise value not exceeding Rs 1,497. 5 crore, according to

Vistara reports first ever quarterly profit in Q3, figure undisclosed. Airline says result excluded unrealised forex loss; YoY capacity and passenger traffic up 37% and 47% respectively

Sterlite Power bags orders worth Rs 3,800 crore from April to December. Sterlite Power on Monday said it has bagged orders worth Rs 3,800 crore in the first three quarters of this fiscal, which is 90 per cent higher than a year ago. The orders were bagged by the solutions' business unit in the domestic and international market

Hero Electric partners with Maxwell for battery management systems. Hero Electric on Monday said it has entered into a long-term partnership with Maxwell Energy Systems for the supply of advanced battery management systems. Under the partnership, Maxwell will supply more than 10 lakh units of its battery management systems

Latest stock market News for tomorrow Access previous news reports: 720721722723724725726727728729730731732733734735736737738

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