NSE share market NEWS tomorrow (04 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (04 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 04 November 2022
Rail Vikas was amongst the top gainers, currently trading at 46.05 in NSE with 2.199 times change in volumes and 7.972% change in price. Other gainers included Adani Enterprises with 6.764% price change and 4.793 times volumes, Exide Industries with 6.491% price change and 18.073 times volumes, Vedanta with 6.289% price change and 2.647 times volumes, and Nhpc with 5.542% price change and 1.656 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.
Varun Beverages was amongst the top losers, currently trading at 1138.90 in NSE with 0.494 times change in volumes and -4.214% change in price. Other losers included Hindustan Petroleum with -3.53% price change and 2.153 times volumes, Piramal Pharma with -3.086% price change and 0.244 times volumes, Srf with -2.815% price change and 1.413 times volumes, and Syngene Internatio with -2.769% price change and 1.58 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.
Brand Kohli is in top form as the cricketer celebrates his 34th birthday. On Wednesday, the star cricketer became the highest run-scorer in the history of the ICC T20 World Cup, going past Sri Lankan Mahela Jayawardene
5G technology will improve network performance in India: Trai chairperson. About the need of adopting new digital technology for social and economic development, Vaghela said that digitalisation of the economy and also social life is of utmost importance in today's world
Britannia Q2 net up 28.5% to Rs 490 cr, records 'highest quarterly revenue'. Bakery foods company Britannia Industries Ltd on Friday reported a 28.47 per cent increase in consolidated net profit at Rs 490.58 crore for the second quarter ended September 30, 2022, helped by volume growth. The company had posted a net profit of Rs 381
Top headlines: Consumer protection rules, Infosys may overtake Cognizant. Business Standard brings you the top headlines at this hour
Govt-owned NaBFID plans to increase headcount to 150 by end of FY24. MD Rai says it will venture into rating banks and instruments by December
'Return home': Twitter to start laying off employees today, shuts office. Twitter told its employees through an email that they would receive an alert on staff cuts on their official or personal IDs on Friday
Byju's ropes in Messi as global brand ambassador for social initiative EFA. Edtech major BYJU's has roped in football star Lionel "Leo" Messi as the first global brand ambassador of its social impact arm Education For All, the company said on Friday. Messi, who plays for Paris Saint-Germain and captains the Argentinian football te
Reliance to enter salon business, in talks with Naturals chain: Report. BENGALURU (Reuters) - Reliance Retail, a unit of Indian oil-to-chemicals conglomerate Reliance Industries, plans to enter the salon business and is in final stages to buy a roughly 49% stake in Naturals Salon & Spa, the Economic Times newspaper reporte
Google India and Facebook India's combined revenue up 77 per cent in FY22. In 2021, the two companies earned Rs 23,212 crore through online ads. It rose to Rs 41,115 crore in 2021-22
Byju's ropes in Messi as global brand ambassador for its social initiative. Earlier this year, edtech giant Byju's became the official sponsor of the FIFA World Cup 2022 in Qatar
GE Aerospace, Tata Advanced Systems extend billion long term contract. GE Aerospace and Tata Advanced Systems Ltd have extended their long term contract worth USD 1 billion for production and supply of several commercial aircraft engine components. The engine parts will be manufactured at the Tata Centre of Excellence for Aer
After 3-yr lull, IndiGo to resume flights to China, Myanmar from March 2023. IndiGo used to operate daily flights on Delhi-Chengdu, Kolkata-Guangzhou, Kolkata-Yangon routes till early 2020
Servotech Power Systems bags Rs 46 cr order from BPCL to supply EV chargers. Servotech Power Systems has bagged a Rs 46.2 crore order from Bharat Petroleum Corporation Ltd (BPCL) for supplying and installing a series of EV Chargers at different locations across the country in the next four months. The project to supply and install
Gillette India's Q1 profit rises 5.9% on demand for grooming products. Gillette India, which is 75% owned by Procter & Gamble, said its net profit rose to 867.8 million rupees (.52 million) for the three months ended Sept. 30, from 819.3 million rupees a year earlier.
Reliance Retail to foray into salon business by acquiring Naturals: Report. With this, Reliance Retail will directly compete with Hindustan Unilever's Lakme and other brands like Geetanjali
Construction engineering firm JMC Projects bags orders worth Rs 2,277 crore. Engineering firm JMC Projects on Friday said it has bagged new orders worth Rs 2,277 crore. "JMC Projects (India) Limited (JMC), a leading civil engineering and EPC company, has secured new orders of Rs 2,277 crore," a company statement said. The orders in
Lupin gets US drug regulator's nod for generic oral contraceptive pill. Drug maker Lupin on Friday said it has received approval from the US health regulator to market Drospirenone tablets, used to prevent pregnancy, in the American market. The company has received tentative approval from the US Food and Drug Administration (F
Gaurs group aims Rs 650 cr sales revenue from new mixed-use project. Realty firm Gaurs Group on Friday said it will develop a new mixed-use project at Ghaziabad with an estimated sales revenue of Rs 650 crore. In a statement, the company said it will develop a "mixed land use joint venture project in Ghaziabad with a saleab
Ola Electric will miss target to fully utilise production capacity. Ola Electric will miss its target to fully utilise installed production capacity in next six to eight months and will achieve only 50 per cent of it by November 2023, founder and CEO Bhavish Aggarwal said on Friday. At the time of launch of the new S1 Air
Cipla Q2 net profit up 12% at Rs 797 crore, revenue rises to Rs 5,829 crore. Drug major Cipla on Friday said its consolidated net profit increased 12 per cent to Rs 797 crore for the second quarter ended September 30. The Mumbai-based drug maker had reported a consolidated net profit of Rs 709 crore in the July-September period of
GAIL Q2 net falls 46% as Russian gas supply snag hurts petchem business. State-owned gas utility GAIL (India) Ltd on Thursday reported a 46 per cent drop in its September quarter net profit as it slashed petrochemical output after a former unit of Russian energy giant Gazprom stopped gas supplies. Net profit stood at Rs 1,537.0
Maruti Suzuki lines up over Rs 7k cr capex for current financial year: CFO. Maruti Suzuki India plans to invest over Rs 7,000 crore this year on various initiatives, including the construction work of its new plant in Haryana and new model launches, according to company CFO Ajay Seth. The country's largest carmaker has already com
Xiaomi misled Deutsche Bank on 'illegal' royalty payments, says ED. One of Xiaomi's four frozen bank accounts in India is at Deutsche, according to the court documents
E-commerce firm Udaan to lay off 350 employees, seeks profitability. India's largest business-to-business e-commerce firm sacked 180 employees in June
Titan reports 33.7% rise in Q2 net profit on higher jewellery demand. The company earned a profit of 8.57 billion Indian rupees (3.95 million) in the three months ended Sept. 30 from 6.41 billion rupees in the previous year
Reliance Capital CoC remain divided on 'Challenge Mechanism' process. Notably, KPMG, who is the COC advisor, and Luthra & Luthra, who is the legal advisor to the COC had proposed multiple options on the Challenge Mechanism
Cipla Q2 PAT up 11% PAT to Rs 789 cr on strong Covid-adjusted growth rate. The company is de-risking key product Abraxane in case the Goa plant FDA issue is not cleared immediately
Ola Electric crosses 1 lakh production mark, says CEO Bhavish Aggarwal. The company sells three models of Ola electric scooters, Ola S1, Ola S1 Pro and Ola S1 Air
IndiGo Q2 loss widens to Rs 1,585 cr on higher fuel costs, forex losses. The company's loss widened to Rs 15.85 billion (2.60 million) in the July-September quarter, from Rs 14.40 billion a year earlier
Adani Group announces opening of data centre 'AdaniConneX' in Chennai. Richest Indian Gautam Adani-led group on Friday announced the opening of its Chennai hyperscale data centre as it looks to capture a share of one of the world's fastest-growing data centre markets. AdaniConneX, a joint venture between Adani Enterprises and
AdaniConneX launches 'Chennai 1', a 17 Mw data centre in Sipcot IT Park. The 'Chennai 1' campus hosts Tamil Nadu's first pre-certified IGBC Platinum Rated data centre, and will be powered with up to 100% renewable energy
Marico posts surprise drop in Q2 profit to Rs 301 cr as rural demand slips. Expenses climbed 4%, while revenue increased 3% to 24.96 billion rupees led by growth in international business
Twitter starts laying off employees in India as part of global job cuts. Twitter has started laying off employees in India as part of a global job cut ordered by the social media platform's new owner Elon Musk to attain economies of scale and make the USD 44 billion acquisition viable. World's richest businessman Musk began his
TVS Motor reports lower-than-expected rise in Q2 profit at Rs 407 crore. Total expenses climbed 27.2% to Rs 66.71 billion
Byju's Aakash Educational Services IPO valuation likely to hit billion. May pick the lead bank in 2 weeks and DRHP expected in Jan-Feb
After unfavourable ratings Vedanta Resources terminates Moody's services. Vedanta Resources, the holding company of India's Vedanta Limited, on November 7 terminated the Moody's rating services after the latter downgraded the company's ratings amid debt concerns
SC order against extending term of GMR Upper Karnali hydropower in Nepal. Nepal's Supreme Court on Thursday issued an interim order and asked the government not to implement its decision to extend the term of India's power giant GMR that is developing the Upper Karnali Hydropower Project. The Cabinet had decided to extend GMR's
BOI Q2 net down 8.65% YoY on rise in provisions for standard assets. Earnings, asset quality profile improve for public sector lender
Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke. Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric
Ajit Mohan steps down as Meta India head, may join social media firm Snap. Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity
HDFC retail loan demand at 8-year high, standalone net profit rises 18%. Shifted from quarterly reset for individual loans to monthly one
Hero MotoCorp reports bigger-than-expected fall in Q2 net as expenses rise. Analysts, on average, had expected a profit of Rs 7.41 billion, according to Refinitiv IBES data
Cognizant introduces 'two merit cycles' for employees to rein in attrition. Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition
Vodafone Idea Q2 loss widens on higher expenses, subscriber loss. ARPU of larger rivals Reliance Jio and Bharti Airtel was at 177.2 rupees and 190 rupees in the quarter, respectively
Go First plans to avail Rs 600 crore loan under ECLGS for its operations. Budget airline Go First plans to soon avail Rs 600 crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS) for its operations amid rising air travel demand, according to a source. The source at the airline also said that promoters have infused
Adani Enterprises Q2 net more than doubles to Rs 4.61 bn, revenue triples. Adani Enterprises, which entered the Nifty 50 stock index at the end of September, acts as an incubator for new businesses launched by the Adani Group
Raymond Q2 consolidated net profit jumps over two-fold to Rs 162 crore. Diversified group Raymond Ltd on Thursday reported over a two-fold jump in its consolidated net profit to Rs 161.95 crore for the second quarter ended September 30 on improved growth across its business segments. The company had posted a net profit of Rs 5
Moderna misses Q3 expectations, net income dips 69%; defers vaccine sales. Sliding COVID-19 vaccine sales and rising expenses for Moderna combined to produce a third quarter that missed Wall Street expectations. The vaccine developer also said on Thursday that it was dialling back its revenue expectations from advance purchase ag
Amara Raja Q2 profit after tax rises 39.42% to Rs 201 cr, driven by sales. Amara Raja Batteries Ltd on Thursday reported a 39.42 per cent rise in consolidated profit after tax to Rs 201.22 crore in the second quarter ended September 30, driven by higher sales. The company had posted a consolidated profit after tax of Rs 144.32 cr
UCO Bank net profit up 145% at Rs 504 cr in July-September quarter. Net NPA reduced to Rs 2,700.29 crore in Q2FY23 from Rs 3,854.33 crore as on Q2FY22 and from Rs 3,103.82 crore as on Q1FY23
Dairy industry revenue likely to witness 12-14% growth in FY23: Report. The strong revival of the hotels, restaurants and catering (HoReCa) segment and the increase in retail prices are likely to help the dairy industry achieve 12-14 per cent revenue growth this fiscal, according to a report. Indian dairy companies are estimat
ED files charge sheet against SRS group, promoters in money laundering case. The Enforcement Directorate has filed a charge sheet against the SRS group and its promoters in a money laundering case linked to alleged cheating of homebuyers and investors. Nineteen accused persons and entities, including SRS group chairman Anil Jindal
Adani Enterprises Q2 net more than doubles; revenue rises threefold. In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY
Hindustan Petroleum posts consolidated net loss of Rs 2,172 crore in Q2. The company blamed depressed marketing margins on motor fuels and LPG as the main reason for its profitability being impacted over the latest quarter
Ajit Mohan quits as head of Meta India; Manish Chopra interim chief. Meta Platforms announced that Ajit Mohan, Vice President and Managing Director of its India unit has stepped down from his role to pursue another opportunity outside of the company
Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore. Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand
Wipro announces appointment of Amit Choudhary as chief operating officer. Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board
Reliance Capital lenders to meet on Friday to decide on Challenge Mechanism. Lenders of debt-ridden Reliance Capital Ltd (RCL) will meet on Friday to decide on the newly introduced 'Challenge Mechanism' clause in the resolution process, sources said. The 'Challenge Mechanism' gives lenders the power to oppose any resolution plan as
Indian Bank Q2 net profit up 12% to Rs 1,225 crore in July-Sept quarter. Public sector major Indian Bank has posted a 12 per cent rise in net profit during the second quarter of the financial year to Rs 1,225 crore,
Three-fourth employers in services sector willing to hire: TeamLease. The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool
Mahindra Lifespaces Developers logs net loss of Rs 8 crore in Q2. The company has also set a target of achieving annual residential sales of Rs 2500 crore and annual leasing of Rs 500 cr
Global Investors' Meet: WOLP signs MoU with K'taka govt to invest Rs 2k cr. Welspun One Logistics Parks (WOLP), an integrated fund, development and asset management organisation, on Thursday said it has signed a memorandum of understanding (MoU) with the government of Karnataka to invest Rs 2,000 crore and aims to create over 6,0
Sanofi India posts Rs 131 cr profit in Sept quarter, revenue at Rs 692 cr. Drug firm Sanofi India on Thursday reported a net profit of Rs 131 crore for the third quarter ended September 2022. The company had posted a net profit of Rs 530 crore in the July-September quarter of last year, the company said in a regulatory filing. Th
Vodafone Idea Q2 loss widens to Rs 7,595 crore on higher expenses. Gross revenue in the second quarter of FY23 increased by 12.8 per cent YoY to Rs 10,614 crore
Cochin Shipyard receives Rs 1,000 crore order from European client. Cochin Shipyard has received an order of about Rs 1,000 crore to construct vessels from a European client, the company said in a regulatory filing on Thursday. The completion time for the project is 35 months, it said. "CSL has bagged an international orde
Adani New Industries installs wind turbine, taller than Statue of Unity. A wind turbine taller than the world's tallest Statue of Unity with blades spanning wider than the wingspan of a jumbo jet has been installed at Mundra in Gujarat by Adani New Industries Ltd as part of its renewable energy expansion plans. "Adani New Indus
Indian firms outpace parent companies in valuations, shows data. Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs
KFC and Pizza Hut witnessed double digit system sales growth in India. Both KFC and Pizza Hut's system sales contribution of each of the brands stood at 1 per cent in the quarter
EV start-up MoEVing raises .5 mn from JSW Ventures for e-mobility biz. Funding will also support firm's expansion across multiple cities in India and team building across functions; current round brings MoEVing's total funding to million
Cognizant closes Q3 with .9 billion revenue, 2.4 per cent growth. Nasdaq listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth.
AG&P Pratham signs MoU with Karnataka govt to develop city gas distribution. / -- AG&P Pratham, a leading player in the Indian City Gas Distribution (CGD) industry and the Government of Karnataka signed a Memorandum of Understanding (MoU) for the development of City Gas Distribution (CGD) networks to supply reliable, economical, an
GIC, ESR Group set up 0 mn India JV to buy industrial, logistics assets. The new JV, in which GIC is an 80% owner, is an extension of an existing partnership between the entities in the country.
Cashback and coupons firm CashKaro raises Rs 130 crore in funding. Company will use funding for expansion, new technology and product development
Cognizant cuts revenue forecast, flags attrition impact on business. CEO says revenue and bookings below expectations, but company will return to 'accelerated growth'
SIS Q2 net profit dips marginally to Rs 67 cr, revenue jumps 14%. SIS Ltd has posted a marginal decline of 1.46 per cent in net profit at Rs 67.4 crore for the second quarter ended September 30. The net profit of the company in the July-September quarter of the preceding fiscal stood at Rs 68.4 crore. Its revenue for the
65% Indian firms now employing gig workers amid tech talent crunch: Report. While the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).
Adani Wilmar's profit falls 73% on the back of cost rise, soft rural demand. India's Adani Wilmar reported a 73% slump in second-quarter profit on Thursday, as the Fortune cooking oil maker reeled under dull demand from rural areas
8i Ventures announces first close of second investment fund worth mn. Early-stage venture capital company says fintech 'single largest opportunity in India'
HDFC Ltd Q2 profit rises 24% to Rs 7,043 crore, total income jumps. Mortgage lender HDFC Ltd on Thursday said its consolidated net profit increased by 24 per cent to Rs 7,043 crore in the September 2022 quarter. It had reported a Rs 5,670 crore net profit in the year-ago period, HDFC said in a regulatory filing. Its total
Adani Total Gas reports marginal rise in Q2 profit to Rs 1.60 billion. Adani Total Gas said revenue rose due to increased volumes and higher prices, as it passed on some of the rise in input costs to customers
Two-thirds of Indian technology enterprises hiring gig workers: Report. Software development, UI/UX design, data analytics top three skills companies need
HPCL reports back-to-back quarterly losses; posts Rs 2,172 cr loss in Q2. Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported Rs 2,172.14 net loss in July-September after losses arising from freezing petrol and diesel prices couldn't be made up by accounting for a one-time government grant that came after the quarter
Qualcomm gives downbeat forecast as Covid-19 lockdown affect phone market. Qualcomm Inc., the biggest maker of smartphone processors, tumbled in pre-market trading after giving a far weaker forecast than expected, punished by the economic slowdown and Covid-19 lockdowns
Indian gaming worth .6 bn in FY22, will grow four-fold by 2027: Report. Country has 507 million gamers and more than 900 companies in the sector
Twitter can allow users to see global content with ease: Musk to Ali Zafar. The Tesla CEO is in a hurry to change Twitter, announcing product changes every day via his Twitter account that now has 113.5 million followers
Shriram Properties Apr-Sep sales bookings climb 27% to Rs 747 crore. Shriram Properties on Thursday reported a 27 per cent increase in sales bookings to Rs 747 crore during the first six months of this fiscal year. In a statement, Shriram Properties said the company has achieved a 52 per cent rise in sales volume at 1.01 mi
Logistics firm OBCL bags Rs 150-crore transportation contract from Vedanta. Logistics firm Orissa Bengal Carrier Limited (OBCL) has entered into an agreement with mining major Vedanta Limited for the transportation of finished aluminium items. The deal is of around Rs 150 crore and the period of the transportation pact is one year
India's taxes on crypto transactions may 'kill the industry': Binance CEO. Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"
JSW Steel eyes 50 MT capacity by 2030 via greenfield, brownfield options. Jindal's growth plans are in sync with the country's target of doubling crude steel capacity to 300 mt of crude steel capacity in the next 9-10 years
Vodafone Idea enhances postpaid offering as it loses ground to Airtel. New Vi Max postpaid plan offers users more data and SMSes per month, apart from travel discounts, airport lounge access, and priority customer service; comes into effect on Wednesday
Adani Transmission net profit falls 32% to Rs 194 cr in Sept quarter. Adani Transmission on Wednesday reported a 32 per cent dip in its consolidated net profit at Rs 194 crore in September quarter compared to year ago, mainly due to adverse forex movement adjustment. The company explained in a statement that in the second qu
Cement maker Dalmia Bharat Sept quarter profit falls 77% to Rs 47 cr. Cement maker Dalmia Bharat Ltd on Wednesday reported a 76.84 per cent decline in consolidated net profit at Rs 47 crore for the quarter ended September. The company had posted a net profit of Rs 203 crore during the July-September quarter a year ago, Dalmi
Zomato launches hotline number to report rash driving by delivery partners. Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time
DealShare launches private brands, plans Rs 500 cr investment in 2-3 years. Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years
JK Paper Q2 net more than doubles to Rs 327 crore, revenue rises 72%. JK Paper on Wednesday reported more than two-fold increase in consolidated net profit at Rs 326.93 crore in the second quarter of FY23, helped by higher sales volume and enhanced sales realisation. The company had logged a net profit of Rs 118.38 crore in
Jindal Stainless Q2 results: Profit more than halves; revenue up 11.5%. While input costs fell 3% as raw material prices cooled off from their peak, power and fuel costs surged about 35%
Twitter may allows users to paywall their video content, says report. It is, however, unclear whether this option was conceived after Tesla CEO Elon Musk took over the platform
Reliance Cap bidders raise issues with Rs 20,000 cr financial implication. Suitors of debt-ridden Reliance Capital Ltd (RCL) have flagged off various legal issues with cumulative financial implication of Rs 20,000 crore to the lenders and administrator as the deadline for submission for binding bid is approaching. The last date f
USFDA issues warning letter to Lupin for Maharashtra-based API plant. The US health regulator has pulled up drug maker Lupin for manufacturing lapses, including failure to establish adequate written procedures for cleaning equipment, at its Maharashtra-based plant. In a warning letter, the US Food and Drug Administration (US
Modi says India best for investments; JSW, Adani commit Rs 1 trn in K'taka. JSW, Adani commit to spend over Rs 1 trn each in Karnataka over 5-7 years
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