NSE share market NEWS tomorrow (18 January, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (18 January, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 January 2023
Inox Wind was amongst the top gainers, currently trading at 108.95 in NSE with 1.3 times change in volumes and 5.674% change in price. Other gainers included Rail Vikas with 4.97% price change and 1.54 times volumes, Apl Apollo with 4.089% price change and 2.232 times volumes, Steel Authority with 4.073% price change and 3.116 times volumes, and Siemens with 4.047% price change and 0.981 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.
Bank India was amongst the top losers, currently trading at 89.35 in NSE with 0.615 times change in volumes and -4.336% change in price. Other losers included Icici Lombard with -3.934% price change and 5.889 times volumes, Delhivery with -3.317% price change and 3.77 times volumes, Fsn E with -3.263% price change and 2.081 times volumes, and Adani Green with -3.197% price change and 0.33 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.
Gupshup launches new auto bot builder powered by GPT3 to build chatbots. The company claims that the bots built by the new tool can virtually handle any natural-language query posed by the user and provide meaningful responses in almost all scenarios
Adani Enterprises sets price band of Rs 3,112-3,276 per share for FPO. The floor price is set at a 13.4 per cent discount to the last close, while the top-end is close to 9 per cent below
Adani Enterprises' Rs 20,000 crore FPO to fund green capex, debt payback. Rs 11,000 crore will be invested in green hydrogen and airport projects, Rs 4,100 cr for retiring debt
IndusInd Bank's Q3 net profit increases 58% YoY on firm loan growth. Lower provisions boost numbers for lender; NIM maintained despite higher deposit rates
Vodafone Idea won't be able to pay -bn govt dues from FY26: CLSA. Vi's capex was 80 per cent lower than rival Airtel in the past nine months
Udaan product shipment jumps six-fold to 1.7 bn in 2022. The Lightspeed Venture and Microsoft-backed unicorn had shipped 260 million products, catering to around 50 million orders in 2021 -- which was hugely impacted by the pandemic
World looking at us: CCI to SC in Google case; next hearing tomorrow. The CCI said that the issue at hand was of "national importance" and that Google be not given "two innings" at the NCLAT
Esri launches interactive mapping tool for state, corporate policymakers. Technology company work with state and central government agencies for administrative functions
India IT spending to reach 0.3 bn in 2023 amid global slowdown: Report. The software and IT services segments are projected to grow 9.3 per cent and 5.5 per cent in 2023, respectively
Leyland bags contract to supply 500 buses to Sri Lanka Transport Board. Over 5,000 Ashok Leyland buses are currently in operation with SLTB, the company said
Lupin launches combination drug for patients with heart failure conditions. The company said it has introduced Sacubitril and Valsartan under two brand names, Valentas and Arnipin, in strengths of 200 mg, 100 mg, and 50 mg, in India
Q3 preview: Metal firms' sales likely to flatten, profits may plunge. Earnings may bottom out during Oct-Dec quarter, say analysts
Price war comes to EVs as Tata makes Nexon cheaper after M&M's new launch. Tata says the move was taken after the company received benefits from additional locations, government initiatives, and production efficiency
Airtel to invest Rs 2,000 cr to set up hyperscale data centre in Hyderabad. The project is estimated to be deployed in the next five to seven years, it further said
GoMechanic cooked the books, says investors as 70% staff laid off. According to people in the know, investors may now ask GoMechanic founders to take leave of absence
Android issue of national importance, world looking at us, CCI tells SC. Android is a popular open-source, mobile operating system installed by Original Equipment Manufacturers (OEMs) of smartphones and tablets
CapitaLand India Trust to buy 1 mn sq ft IT park in B'luru for Rs 1,226 cr. CapitaLand India Trust (CLINT) has agreed to acquire 1 million square feet IT park in Bengaluru for Rs 1,226 crore.
Voting for IBC resolution of twin Srei companies to begin on Thursday. Srei has received three compliant resolution plans, which will be voted on by lenders and debenture holders
Surya Roshni Q3 net up over two-fold to Rs 89.6 cr; revenue at Rs 2,021 cr. Total expenses were at Rs 1,899.51 crore, down 3.91 per cent in the December quarter of 2022-23 compared to the year-ago period
IBC overhaul seeks to give adjudicating authority a power boost. MCA proposes specialised framework for realty projects
Hopeful that we're reaching the end of licence Raj: IBM's CEO Krishna. "A company like ours can help the Indian government in replicating its digital public goods in other emerging economies"
'Hard choices', says Satya Nadella as Microsoft cuts 10,000 jobs. The impact of the move on its Indian operations could not be ascertained
Vedanta to acquire debt-laden Meenakshi Energy for Rs 1,440 crore. Meenakshi Energy was admitted under insolvency resolution in 2019
Land dispute case: SC orders DLF to pay Rs 235 crore to Noida Authority. The matter is related to the land at Sector 18 in Noida on which the DLF Mall of India is built
NCLT asks lenders to delay round of second auction for Reliance Capital. Reliance Capital has a consolidated debt of about Rs 40,000 crore
Paint industry could see further downsides on demand, competitive pressures. Q3 could see weak volumes; hurdle for incumbents is new entrants in the sector
SII seeks inclusion of Covovax in CoWIN portal as booster dose for adults. Covovax is manufactured through technology transfer from Novavax
360 ONE acquires controlling stake in Mumbai Angels, announces 2 new funds. Both funds will focus on early-stage start-ups
Amazon back as world's most valued brand, Apple down to No 2: Brand Finance. Tech brands lose value; Tata Group and Infosys climb the charts
IPO-bound OYO to refile DRHP with updates to Sebi by mid-February. Market regulator asked hospitality company to submit application again, give information on risk factors and litigation
In boost to Apple, India gives initial clearance to some Chinese suppliers. About 14 suppliers are receiving green light from India, after Apple named them as companies whose services it needs to increase its presence in India
Net hiring in India's top four IT firms drops by 97% to 1,940 in Q3FY23. Tata Consultancy Services, Wipro, Infosys and HCL Tech- reported a combined net addition of 1,940 employees in the quarter that ended December 2022
Cipla launches diagnostic device, says it will provide results in minutes. Cippoint offers parameters to test for cardiac markers, diabetes, infectious diseases, fertility
GoMechanic to lay off 70% workforce, says made grave errors in judgement. Co-founder Amit Bhasin said GoMechanic has decided to 'restructure the business while we look for capital solutions'
South Korea's Lotte to invest Rs 450 cr in Indian unit Havmor Ice Cream. Money will be used for new production facility in Maharashtra
Revise your convoluted, impractical nudity policy, Oversight Board to Meta. Meta's Oversight Board has overturned the social networking giant's original decisions to remove two Instagram posts depicting "transgender and non-binary people with bare chests"
Tension builds up between malls, retailers over proposed rental changes. Malls usually sign 9-year agreements with retailers with a rental hike of 15 per cent
Salasar Techno Engineering gets Rs 143 cr EPC contract from Nepal govt. The project received from Nepal Electricity Authority (NEA) will come up in Dang, Rukum East and Baitadi districts of the neighbouring nation
Samsung Electronics spars with India over 0 mn production incentives. The smartphone giant's India unit is seeking just under 9 billion rupees (0 million) in incentives for the fiscal year through March 2021, people familiar with the matter said
Accenture most valued IT brand, TCS & Infosys value up 2%: Report. Accenture retains top slot for the fifth year straight; Cognizant and Wipro fall in rankings
Adani Green Energy arm to buy 50% equity in Essel Saurya Urja for Rs 15 cr. The remaining 50% of the equity shares will continue to be held by the government of Rajasthan
Central Bank Q3 net rises 64.16% at Rs 458 cr on improved margins. State-owned lender reports first full quarter after exiting regulator's Prompt Corrective Action regime
Shree Cement to raise funds by selling two-month commercial papers: Bankers. The company will offer a yield of 6.78% on this issue, and has received commitments worth around 1 billion rupees (.29 million), the bankers said
Adani Enterprises files for Rs 20,000-crore follow-on public offer. The company is tapping industry opportunities, such as green hydrogen, the aviation sector and data centers
Tata Steel sets up Centre for Innovation in Mobility at IIT-M Research Park. The Centre for Innovation in Mobility is in addition to the state-of-the-art centre application centre at Jamshedpur
Jubilant FoodWorks brings American chicken brand Popeyes to Chennai. The company inaugurated its first restaurant in Bengaluru, which was followed by rapid expansion to 12 restaurants across the city in less than a year
Goldman Sachs sees 69% drop in Q4 net profit on dealmaking slump. It also reported a pre-tax loss of 8 million in its platform solutions unit
NCLT sanctions amalgamation of Equitas Holdings and Equitas SFB. Amalgamation scheme shall be effective upon the filing of tribunal's order
Consumers willing to pay premium for next vehicle amid inflation fears. Indian consumers are willing to pay a premium for purchasing their next vehicle despite fears of inflation, with a large portion of them looking at automobiles in the Rs 1,025 lakh price bracket
Rapido moves SC against Bombay HC order to stop operation in Maharashtra. The Supreme Court agreed to hear on January 23 plea of Rapido, the bike taxi and auto aggregator, challenging the Bombay High Court order which directed it to stop operation in Maharashtra immediately
Sundram Fasteners wins 0 mn international contract to supply EV parts. Company will invest Rs 200 cr support order it says is the largest for an Indian firm in the product range
Operating margins seen contracting by 270 bps to 18-19% in Q3: Crisil. Operating margins of India Inc are likely to have fallen by 270 basis points (bps) to 18-19 per cent in the December quarter on easing commodity prices and moderating revenue growth, says a report
Gogoro, Belrise Industries to set up battery swapping infra in Maharashtra. Taiwanese electric mobility solutions provider Gogoro Inc on Tuesday said it along with Belrise Industries has inked a pact with the Maharashtra government to set up battery-swapping infrastructure
Tata Metaliks Q3 results: Net profit falls 73% to Rs 9.48 crore. The company had posted a Rs 35.65 crore net profit in the year-ago period, according to a statement
LG invests Rs 200 cr at Pune facility; starts local mfg of refrigerators. LG Electronics India has invested around Rs 200 crore at its Ranjangaon, Pune-based facility to set up a new line for manufacturing the premium range of side-by-side refrigerators
Gogoro, Belrise to bet .5 bn on battery-swapping infra in Maharashtra. A non-binding memorandum of understanding (MoU) was signed in Davos on Tuesday with the state government
A first: DVC seeks to sell 3.7 Gw of power from three thermal units. Damodar Valley Corporation (DVC) has issued 'expression of interest (EoI)' for buying electricity from its upcoming three thermal power units totalling 3.7 Gw
ITC to acquire 100% shares of startup 'Sproutlife Foods' over 3-4 years. Sproutlife Foods Private Limited is a startup engaged in the manufacturing and sale of food products under the trademark 'Yoga Bar'
Lotte Confectionary to invest Rs 450 cr in Havmor Ice Cream in 5 years. Its Talegaon plant would be operational by the fourth quarter of 2024, in which Lottee range of premium ice cream would be manufactured
Improving marketing margins, prices to restore OMC profits in FY24: Moody's. OMCs are likely to see weak earnings in current fiscal year despite fall in oil prices mainly because of losses they incurred on holding prices in the first half, Moody's Investors Service said
ITC to buy 'Yoga Bar' to strengthen presence in health foods space. ITC signs binding term sheet to buy 100% share capital of Sproutlife Foods
Coal India, trade unions awaiting govt's nod on 19% wage hike pact. Coal India Ltd (CIL) and trade unions are awaiting the govt's approval for a wage agreement that recommends a 19% minimum guaranteed benefit to 238k non-executive employees of the miner
Morgan Stanley profit beats on strength in wealth, trading units. UBS in a note said Morgan Stanley's fourth-quarter core trends were encouraging
Govt allocates 3 more coal blocks for commercial mining activities. The government on Tuesday allocated three more coal mines under commercial mining to the successful bidders
Airtel launches 5G services in Jaipur, Udaipur, Kota in a phased manner. Private telecom company Bharti Airtel on Tuesday announced the launch of its 5G services in three cities of Jaipur, Kota and Udaipur of Rajasthan
Google pilots 'Soundpod by Google Pay' for UPI payments in India: Reports. The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments, reports TechCrunch
Berger Paints India eyes Rs 20,000 crore turnover in the next 5-6 years. The company was scouting for a 40-50 acre-plot in Odisha, says Abhijit Roy, MD and CEO, Berger Paints
ICICI Lombard's net profit rises 11% in Q3 on strong premium income. Gross premiums earned by the insurer was up 17 per cent YoY to Rs 5,600 crore in Q3FY23
Bhavik Koladiya takes Ashneer Grover to court over BharatPe share dispute. Bhavik Koladiya and his teacher's son Shashvat Nakrani founded the fintech firm BharatPe in 2017 and Ashneer Grover joined the startup in 2018 as CEO
Adani, Ashok Leyland to develop Asia's first hydrogen-mining truck. The FCET is scheduled to be launched in India in 2023
Ola Electric now a profitable firm: Chief marketing and revenue officer. "Ola is not a public company, it cannot share the revenue numbers. But through volume numbers and unit sales one can see, we are not making a loss"
Climate change one of key concerns for CXOs: Deloitte sustainability survey. Compared to the global average, Indian CxOs are likely to report feeling more stakeholder pressure to act from board members - 78 per cent, the government 72 per cent and shareholders 71 per cent
Metro Brands Q3 net profit up 11.2% to Rs 113 cr; revenue from ops jump. Footwear retail chain Metro Brands Ltd has reported an increase of 11.19 per cent in consolidated net profit at Rs 112.99 crore for the third quarter ended December 2022
Tata Investment Corp Q3 PAT drops 12.5% to Rs 35 cr, total expenses up. Tata Investment Corporation Ltd on Tuesday reported a 12.55 per cent decline in consolidated profit after tax at Rs 34.74 crore for the third quarter ended December 31, 2022
Torrent asks NCLT to quash CoC's fresh auction round for Reliance Capital. Torrent Investment on Tuesday urged the National Company Law Tribunal (NCLT) to quash the lenders' plans to hold a fresh auction for the takeover of the Anil Ambani-promoted Reliance Capital
Formulate policy on carrying pets on flights, display it on websites: DGCA. Aviation regulator Director General of Civil Aviation has asked the airlines to formulate a policy on carrying pets on flights and prominently display it on their websites for better understanding
ICICI Prudential Life Insurance net profit drops 29% YoY in Dec quarter. Its value of new business (VNB) increased 20 per cent YoY to Rs 618 crore in Q3FY23 compared to Rs 515 crore in the year-ago period
Infosys inks MoU with JNTU-K to accelerate digital, life skills development. As part of the engagement with Infosys, JNTU-K will offer e-content on their website including self-learning material, assignments and projects, powered by Infosys Springboard
Indian realty market to reach Rs 13 trillion by 2023: CII Delhi chairman. The conference stressed upon the critical role technology will play in this sector in improving processes in the infrastructure - construction sector
GAIL India seeks two LNG cargoes for February delivery, says report. GAIL is seeking the cargoes for delivery during the month of February on a delivered ex-ship (DES) basis into the country's Dabhol terminal
Indian, European oil firms evaluating bids for Guyana blocks: Report. Refiner Indian Oil Corp also is looking to work in Guyana in collaboration with ONGC Videsh
Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025. The data centre in Mumbai will be an eight-storey building with a basement and a roof
Climate change, competition from cheaper tea imperil Darjeeling industry. Darjeeling tea with its bright metallic colour was the first product of the country to be awarded the Geographical Indication (GI) trademark in 2004
Ceat is planning to invest in off-highway tyres segment: Anant Goenka. At Ceat we wanted to grow in our international business, and our OEM customers were becoming more and more exacting in their specifications, said Goenka
VC firm Z3Partners closes Rs 550 cr fund to invest in early-growth startups. Leading global and domestic institutions and family offices, including HDFC Life and SIDBI, participated in the fund
Chinese EV makers gearing up to challenge Tata Motors' dominance in India. If MG Motor achieves the sales volume target, it would become the second-largest player in the segment with a market share of 20-24 per cent
Maruti increases transport of cars via railways, to set up dedicated tracks. The company last year transported over 3.2 lakh vehicles using rail wagons, the highest in a calendar year since 2013 when the company got the Automobile Freight Train Operator (AFTO) license
FRAI appeals Centre to cut high taxes on daily goods to stem illicit trade. FRAI made a representation to Finance Minister Nirmala Sitharaman with an appeal to protect the interests of its 80 lakh retailers
Apple set to enter bidding war for English Premier League streaming rights. Tech giant Apple is preparing a bid for the rights to stream the English Premier League in the UK, the media reported
Lenders select Ramkrishna Forgings resolution plan for ailing JMT Auto. Auto component manufacturing company undergoing insolvency proceedings
Glenmark Pharmaceuticals launches drug to treat heart failure in India. Its approved indication is to reduce the risk of cardiovascular related deaths and hospitalisations for patients with chronic heart failure with HFrEF
BoI's Q3 net profit rises 12% YoY to Rs 1,151 cr on improvement in NIM. In a filing with BSE, BoI said its net interest income (NII) was up 64 per cent YoY in Q3 to Rs 5,596 crore
Network18 posts Rs 76.8 mn net loss in December quarter amid ad slowdown. BENGALURU (Reuters) - India's Network18 Media & Investments reported a third-quarter loss on Tuesday, as the billionaire Mukesh Ambani-backed conglomerate splurged to push up its share of television viewership, while advertisers pulled back on spending
PepsiCo plans to expand operation in Hyderabad, to add 1,200 workers. American multinational food company PepsiCo is planning to expand its operation in Hyderabad and add 1,200 employees within the next one and half years
Gera Developments buys land in Pune for themed residential project. Location popular with IT/ITeS and manufacturing professionals, says ANAROCK Capital
Glenmark pharma launches generic version of Novartis' heart failure drug. Opens floodgates for more generic launches; 40 new brands expected
Lupin gets USFDA tentative nod for generic drugs to treat HIV infection. Pharmaceutical firm Lupin on Monday said it has received tentative approval from the US health regulator to market its generic version of Dolutegravir and Rilpivirine tablets used in treatment of HIV infection. The tentative approval granted by the US Food
Microsoft invests in DarwinBox; to collaborate, integrate product ecosystem. DarwinBox will be the first HR tech SaaS based platform from Asia with whom Microsoft will also collaborate and see integration between Darwinbox and the Microsoft's product ecosystem
BoM Q3 profit more than doubles to Rs 775 cr, lender mulls 5% stake sale. State-owned bank may come out with qualified institutional placement of equity shares in the last quarter of FY23
After criticism, Byju's introduces new process to verify customer consent. Technology-drive policy to check all sales thrice, says edtech giant
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