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NSE share market NEWS tomorrow (28 October, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (28 October, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 October 2022

Maruti Suzuki was amongst the top gainers, currently trading at 9492.55 in NSE with 2.206 times change in volumes and 4.983% change in price. Other gainers included Oil India with 3.925% price change and 3.68 times volumes, Max Financial with 3.58% price change and 1.538 times volumes, Power Finance with 3.549% price change and 0.742 times volumes, and Rural Electrification with 3.472% price change and 1.299 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.

Fsn E was amongst the top losers, currently trading at 983.55 in NSE with 2.643 times change in volumes and -6.275% change in price. Other losers included Sbi Cards with -5.576% price change and 4.897 times volumes, Steel Authority with -4.361% price change and 0.928 times volumes, Delhivery with -4.01% price change and 1.345 times volumes, and Persistent Systems with -3.912% price change and 0.861 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.

Flipkart's loss widens 51% to Rs 4,362 cr in FY22 on 36% spike in expenses. The firm spent more on delivering orders as well as on ads and promotions; revenue up 31% to Rs 10,659 cr

Oil giant Exxon Mobil rakes in profit of .66 bn in Q3; revenue doubles. Exxon Mobil broke records again with its profits in the third quarter, raking in USD 19.66 billion in net income. The Irving, Texas company said on Friday that it booked USD 112.07 billion in revenue during the quarter, more than double revenue last year d

Google plans legal challenge to block CCI's Android order: Report. The CCI-Android ruling, despite involving a smaller 2 million (Rs 1,334 crore) fine, has worried Google since it seeks wider ranging remedial measures

Mondelez India FY22 net profit falls 2.3% to Rs 977.9 crore; sales up 15.9%. Confectionary major Mondelez India Foods net profit declined 2.33 per cent to Rs 977.91 crore in FY22, while its revenue from operation/sales rose 15.89 per cent to Rs 9,242.05 crore, according to financial data accessed by business intelligence platform T

Dr Reddy's PAT up 12% at Rs 1,113 cr in Q2; revenue rises 9% to Rs 6,305 cr. Dr Reddy's Laboratories Ltd on Friday said its consolidated profit after tax (PAT) for the quarter ended September 30, 2022 was up by 12 per cent at Rs 1,112.80 crore as against Rs 992 crore in the same quarter a year ago. Revenues during the quarter unde

Eveready Industries' Q2 profit halves; revenue from operations up 5.3%. Eveready Industries India Ltd on Friday said September quarter profit more than halved, hit by a charge related to a loan repayment and higher input costs

Eveready PAT dips 52% to Rs 15 cr on non-cash charge of unamortised fees. Company says the charge will even out for the full year; revenue up 5% to Rs 376 cr

Equity issue to govt is precondition for Vodafone Idea debenture issue. Last Friday, firm's Vi decided to issue 16,000 OCDs to American Tower Corporation and raise Rs 1,600 cr. Company has convened EGM on November 21 to approve the plan

Indus Towers accepts Vodafone Idea's payment plan for its dues. Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore

Boat joins PharmEasy, Droom to shelve listing plans amid valuation concerns. Rising Sebi scrutiny, poor investor response during roadshows seen as reasons for withdrawal by companies

Vedanta Q2 net profit falls 60% on higher expenses; revenue up 20%. Vedanta's oil and gas business also took a hit due to the windfall tax and lower crude prices in Q2, analysts said

AMNS India to invest Rs 60,000 crore to expand Hazira plant: Chairman. ArcelorMittal's arm AMNS India will invest Rs 60,000 crore to scale up capacity of its steel plant here to 15 million tonnes (MT), the company's chairman Aditya Mittal said on Friday. The existing capacity of the plant is 9 MT. "We will invest Rs 60,000 cr

AM/NS India kicks off Rs 60,000-crore Gujarat's Hazira plant expansion. Aditya Mittal says will make products never made before in India

JSW Energy posted 37% rise in PAT to Rs 466 cr in July-Sept quarter. JSW Energy on Friday posted a 37 per cent rise in its consolidated net profit to Rs 466 crore in the September quarter compared to the year-ago period mainly on the back of higher revenues. The company reported a profit after tax of Rs 339 crore in the cor

SAIL inks pact with AAI for initiation of commercial flights from Rourkela. State-owned SAIL on Friday said that it has entered into a pact with Airport Authority of India (AAI) for facilitating the start of commercial flights from Rourkela in Odisha. Steel Authority of India Ltd (SAIL) has signed the operation and management cont

Tata Power net profit jumps 94% in Sept quarter on strong energy demand. Sequentially, revenue declined 3.2 per cent. In the June quarter, the company reported revenue of Rs 14,495 crore and net profit of Rs 795 crore

Carborundum Universal consolidated Q2 net dips 8% to Rs 94 cr, sales up 34%. Revenue spike driven by strong show in electro minerals and ceramics, and sales of Rs 141 crore by newly acquired subsidiaries

Blue Dart Express' Q2 net profit rises marginally by 3% to Rs 93.6 crore. Domestic courier company Blue Dart Express on Friday reported a marginal rise of 3.4 per cent in its consolidated net profit at Rs 93.6 crore for the quarter ended September 30, 2022. The company had posted consolidated net profit of Rs 90.5 crore in the y

JSW Energy Q2 net up 37% to Rs 466 cr; Parth Jindal joins board. Revenue up 16% YoY to Rs 2,596 cr; finance cost rises by 7% due to additional borrowings for ongoing capex

Coca-Cola India FY22 profit up 3.8% to Rs 460.35 crore; revenue rises 36%. Beverages major Coca-Cola India's profit rose 3.82 per cent to Rs 460.35 crore in FY22 and revenue from operations increased 35.85 per cent to Rs 3,121.29 crore, according to financial data accessed by business intelligence platform Tofler. The cola major

ArcelorMittal looks to supply steel for proposed bullet train project. ArcelorMittal's arm AMNS India is eyeing to supply high strength special steel for the proposed bullet train project in India. AMNS India Chairman Aditya Mittal on Friday announced a Rs 60,000-crore expansion plan for his company's plant based in Hazira, G

Loans to arms had Rs 1,755-crore impact on Reliance Capital in FY20: Audit. Nageswara Rao Y is the administrator of Reliance Capital

Apple's revenue, profit up despite slowing economy; not immune to recession. Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn't necessarily mean the iPhone maker will be immune to a potential recession. Even though Apple fared

IFCI raises Rs 100 crore via preferential allotment of shares to govt. Long-term infrastructure financier IFCI Ltd on Thursday raised Rs 100 crore through preferential allotment of shares to the government. The Committee of Directors at its meeting held on October 27 has allotted 9,29,36,802 number of equity shares at a price

Fairfax not exiting Bengaluru airport, has 'no interest' in selling stake. Company-owned by Canadian billionaire responds to a media report about the sale

Audio gear, wearable tech firm boAt raises mn, defers IPO plan. Funding will be used for the company's plans to the lead smartwatch category, strengthen role in audio

Infy declares interim dividend; UK PM's wife Akshata to get Rs 64.27 cr. Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.

Intel set to lay-off employees as it cuts billions of dollars in spending. Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly bn in annual savings in the near term and bn to bn by the end of 2025

Maruti Suzuki Q2 net profit jumps 333 per cent YoY to Rs 2,061 crore. India's biggest carmaker achieves its highest-ever quarterly sales, with over half a million vehicles sold in the September quarter

Maruti Suzuki Q2 profit up 4x to Rs 2,062 cr; logs record quarterly sales. Sales in the domestic market stood at 454,200 units, while exports were at 63,195 units.

Xiaomi sells six million devices across categories in festive sales. The sale was carried on both online and offline and was twice as much as achieved last year

Foxconn's China iPhone factory in disarray due to Covid outbreak: Report. Foxconn's factory in Zhengzhou in central China is the world's largest assembly plant for Apple's iPhones

Kinara Capital closes Rs 200 crore in fresh equity round, led by BII. Kinara Capital, a fintech company serving small business entrepreneurs, on Friday announced closing a fresh equity round of approximately Rs 200 crore led by British International Investment (BII), the UK's development finance institution. "Existing equity

RISE, along with ThriveDX, hosts India's largest Cybersecurity hackathon. RISE, in Collaboration with ThriveDX, Hosts the Largest Cybersecurity Hackathon in India with Over 22,000 Participants

Extraordinary general meeting brings focus back on Kirloskar Brothers' deed. Each signatory of the DFS is mandated to follow the rules and implement the deed with the approval of the respective board of directors

NFRA warns auditors against non-accrual of interest on NPA borrowings. Mere classification of a firm's loans as NPAs by lender banks does not relieve the borrower from its liability towards payment of interest or the principal, the authority says

TVS Supply Chain Solutions to double employee count in Tamil Nadu. TVS Supply Chain Solutions of the TVS Mobility Group has expanded operations at its centre of excellence in Madurai by adding a new block to the facility, and drawn up a plan to double its employee base in the region, the company said on Friday. The centre

Vedanta's net profit declines 61% to Rs 1,808 crore in July-September. Vedanta Ltd on Friday reported a 60.8 per cent decline in consolidated net profit at Rs 1,808 crore for the quarter ended September 30 on the back of higher expenses. The company had posted a consolidated net profit of Rs 4,615 crore in the year-ago peri

Flipkart's net loss widens 51% on account of rising transportation costs. Flipkart's operating loss or EBITDA (earnings before interest, taxes, depreciation, and amortisation) loss stood at Rs 3,925 crore, which was up from Rs 2,267 crore in the previous fiscal

PNB Housing Finance's Q2 net profit rises 12% on improving margins. Its net interest income (NII) expanded by 29 per cent YoY to Rs 649 crore in the reporting quarter.

MSCI sets aside Piramal Pharma's exclusion from global standard index. The company was listed separately on October 19, following its demerger from Piramal Enterprises

Shareholders nod to Ahlem Friga Noy appointment as Adani Green director. Adani Green Energy said it has received shareholders' approval to appoint Ahlem Friga Noy as a non-executive, nominee director in the company. Shareholders of the company has approved the appointment of Ahlem Friga Noy as a director (non-executive, nominee

Kerala govt to meet Byju's executives on Nov 2 as 170 staff asked to resign. A meeting was called by the officials of the labour department on October 25, but the company did not appear for meeting

Aditya Birla Sun Life AMC Sept quarter PAT rises 11% to Rs 191 cr. Aditya Birla Sun Life AMC on Thursday reported an 11 per cent rise in profit after tax (PAT) to Rs 191.68 crore for the September 2022 quarter. The company had posted a PAT of Rs 173.07 crore in the same quarter of the preceding fiscal, the fund house said

Byju's takes Rs 300 crore unsecured loan from Aakash for 'principal biz'. The loan was granted at an interest rate of 7.5 per cent per annum, according to the filing

Cairn arm wins 10-year production sharing contract for Rajasthan block. Cairn Oil & Gas recently won eight oil blocks and one coal-bed methane (CBM) block under the DSF Round III bids, taking the company's total assets in the country to 62

SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions. Impairment losses and bad debts declined 8 per cent YoY to Rs 546 crore but was up 21 per cent sequentially.

Market value up, but volumes declining in India: Unilever CEO Alan Jope. The consumption weakness is due to the impact of inflation, particularly in rural areas, he said

Business confidence falls for second straight quarter, says NCAER survey. Earlier, it was at 142.9 in the fourth quarter of 2021-22. It was 117.4 in the corresponding quarter last year

Tata, Airbus grab Rs 22,000-cr project to make C-295 aircraft in Gujarat. The Ministry of Defence (MoD) on Thursday announced it had, for the first time, entrusted a private firm - Tata Advanced Systems (TASL) - to manufacture an entire aircraft for the military

Indus Towers to raise Rs 2,000 crore via NCDs after weak Q2 result. The fund raise was approved by the company's board of directors following the second quarter FY 2023 result which saw 44 per cent year on year drop in net profit to Rs 872 crore.

KKR to acquire Ness Digital Engineering; deal size estimated at 0 mn. Global investment firm KKR will acquire Ness Digital Engineering from The Rohatyn Group in a deal estimated to be worth USD 500 million. "KKR...today announced the signing of definitive agreements under which KKR will acquire 100 per cent of Ness Digital E

Airtel Africa profit after tax down 17.2% at 0 mn in Sept quarter. Airtel Africa's revenue grew 12.7 percent on a reported basis and 18.5 percent in constant currency, to ,308 million in Q2 September 2022

IndiGo asks MoCA to extend wet lease period for wide body aircraft. A wide body plane like B777 has a bigger fuel tank than narrow body aircraft like A320, which allows the former to traverse longer distances

Infibeam Avenues gets RBI in-principle nod for payment aggregator licence. The RBI allowed another window to PAs existing as of March 2020 to apply to the central bank for a license

Meta's Instagram reaches 2 billion users, closing in on Facebook. The company disclosed the number during an otherwise-gloomy earnings report Wednesday, when a shaky ad market clouded Meta's forecast and sent its shares tumbling

Samsung scion Jay Y. Lee takes helm of South Korean technology empire. The decision emerged the same day his company reported disappointing earnings and warned it didn't foresee a recovery in technology demand till the second half of 2023

Meta fined .7 mn for violations of campaign finance disclosure. A Washington state judge on Wednesday fined Facebook parent company Meta nearly million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history. The pena

Maruti Suzuki Q2 profit may surge up to 355% YoY on higher sales volume. Maruti Suzuki Q2 preview: The company, which is due to announce its result on Friday, October 28, could also see margin expansion due to price hikes, forex benefits, and operating leverage

'Strong consumer demand': AB InBev raises 2022 outlook as beer sales rise. "We continue to see strong consumer demand for our portfolio and a resilient beer category as we navigate the dynamic operating environment," Chief Executive Michel Doukeris said in a statement

Mark Zuckerberg asks for 'patience' as Meta's costs spook investors. Zuckerberg said he is confident that Meta's largest bets in areas such as short-form video, business messaging and the metaverse were headed in the right direction

Shiprocket enables 1st inter-city logistics for small merchants on ONDC. Logistics solution provider Shiprocket on Thursday said it has gone live on ONDC, enabling first ever inter-city logistics on the government-backed e-commerce network.

Latest study recognizes India Gate as the world's no. 1 basmati rice brand. Latest Study Recognizes India Gate as the World's No. 1 Basmati Rice Brand

Udaan raises 0 mn amid funding winter; plans IPO in 12-18 months. Business-to-business e-commerce firm raises capital from existing investor, was valued at 0 million in January 2021

DGCA allows IndiGo to wet lease wide-body planes for only up to 6 months. Aviation regulator DGCA has allowed IndiGo to wet lease wide-body Boeing planes from Turkish Airlines for up to six months and has rejected the domestic carrier's request for leasing the aircraft for up to two years, according to sources. The Directorate G

Software delivery firm Devtron raises mn funding from Insight Partners. Start-up will use financing to expand team, promote its platform and expand business

Byju's takes Rs 300 crore unsecured loan from Aakash at a rate of 7.5%. Aakash Educational Services was acquired by Think and Learn Pvt, Byju's parent company, in April 2021 for a cash and stock deal worth 0 million

Shiprocket becomes first inter-city logistics provider to join ONDC network. Company will enable sellers to select delivery partners to ship products across India

Facebook announces 2022 Community Accelerator participants in India. Four-month programme provides selected community leaders of Facebook groups with training, mentorship and funding

OEMs to drive 16-18% rise in auto-parts MSME revenues: CRISIL SME Tracker. MSMEs in the automotive components sector should see higher growth as well, but will lag average industry revenue growth owing to lack of vertical integration.

Listed firms managing liquidity challenges well, says India Ratings. Given the tightening liquidity conditions and higher cost of borrowings, corporates with a weak credit profile are likely to tap a loan against shares facility to meet their funding requirements

Tata Chemicals reports three-fold jump in Sept profit at Rs 628 cr. Tata Chemicals on Thursday reported nearly three-fold jump in consolidated net profit at Rs 628 crore for September quarter 2022-23 on strong income. The company had clocked Rs 221 crore profit in the same quarter a year ago, according to a regulatory fili

Facebook parent company Meta sees sales decline by 4% in third quarter. In the third quarter, Meta was buffeted by a widespread ad-spending downturn, posting a 4 per cent year-over-year revenue loss, while missing Wall Street estimates on the bottom line

Microsoft's GitHub hit bn annual recurring revenue, Cloud bn: Nadella. Microsoft-owned GitHub has an annual recurring revenue of billion with over 90 million active users, said Satya Nadella, Chairman and CEO of Microsoft

JSW Steel's 2 Indian subsidiaries expected to return to profit in Q3 FY23. Global macroeconomic challenges to shape turnaround of JSW Steel and Bhushan Power & Steel

Ramkrishna Forgings PAT in Q2 at Rs 64 cr on account of higher revenues. Ramkrishna Forgings has reported 27 per cent growth in profit after tax (PAT) at Rs 64 crore for September quarter 2022-23 on account of higher revenues. It had clocked Rs 50.11 crore profit in July-September period a year ago, the company said in a statem

Global Health Limited's IPO to open on November 3: Red Herring Prospectus. The initial share sale of Global Health Limited, which operates and manages hospitals under the Medanta brand, will open for public subscription on November 3. The Initial Public Offering (IPO) will conclude on November 7, according to the Red Herring Pros

Govt nudges LIC to tweak product strategy for better investor return. The government is nudging LIC to tweak its product strategy to maximise profitability in a bid to help the country's largest insurer realise its full growth potential and yield better returns for investors, an official said. Life Insurance Corporation (LIC

Dabur Q2 profit slips 2.8% to Rs 490.86 cr; revenue up 6% at Rs 2,986.5 cr. Homegrown FMCG major Dabur India Ltd on Wednesday reported a 2.85 per cent decline in its consolidated net profit to Rs 490.86 crore for the second quarter ended September 30. The company had posted a net profit of Rs 505.31 crore in the July-September qua

PCBL posts 4.9% fall in second-quarter profit on rise in total expenses. Indian carbon black maker PCBL Ltd reported a 4.9% fall in second-quarter profit on Wednesday, as higher costs offset robust sales of the tire strengthening material

Tech Mahindra to consider interim dividend for FY23 in board meeting. The company, in its exchange filing last week, informed that the board of directors will consider a proposal for payment of interim dividend for the financial year 2022-2023, during its scheduled meet

DCCDL office rent income up 14% to Rs 801 cr; retail assets revenue up 54%. Realty major DLF's rental arm DCCDL has reported a 14 per cent increase in office rental income to Rs 801 crore and 54 per cent rise in revenue from retail properties to Rs 184 crore during the quarter ended September 30. DLF Cyber City Developers Ltd (DCC

Remain committed to users, developers; evaluating next steps: Google India. Slapped with a second hefty fine for anti-competitive practices, Google India on Wednesday said it remains committed to users and developers and is reviewing the antitrust body's order to evaluate next steps. The Competition Commission of India (CCI) on Tu

Moonlighting is a conflict of interest, says IBM to its employees. IBM has asked its employees to refrain from engaging in a second job or gig in any capacity and has declared it as against the company contract

Tata Power Solar Systems launches off-grid solar solutions in Bengal, Bihar. Tata Power Solar Systems on Wednesday announced the launch of cost-efficient solar off-grid solutions in West Bengal, Bihar and Jharkhand. Tata Power Solar Systems Ltd (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy Ltd (TPREL). The off

Walmart reportedly raising up to bn for Flipkart to expand India biz. Retail giant Walmart is reportedly raising up to billion for its e-commerce giant Flipkart to further expand its operations in the country

Hero MotoCorp partners with Terrafirma Motors to enter Philippines. Two-wheeler maker Hero MotoCorp on Wednesday announced its plans to enter the Philippines for which it has partnered with Terrafirma Motors Corporation for assembly and distribution of its vehicles. A part of the Columbian Group of Companies, Terrafirma Mo

Gland Pharma's Q2 net dips 20.14% to Rs 241.24 cr; India revenue down 42%. Gland Pharma Ltd on Wednesday reported a 20.14 per cent decline in consolidated net profit at Rs 241.24 crore for the second quarter ended September 30, on lower sales and higher expenses. The company had posted a consolidated net profit of Rs 302.08 crore

Century Textiles Q2 profit rises 59% to Rs 70 cr, total income jumps. Century Textiles and Industries, a part of the Aditya Birla Group, on Wednesday reported 59.38 per cent rise in consolidated net profit at Rs 69.97 crore for September quarter 2022-23. In the year-ago period, the profit stood at Rs 43.9 crore, the company

Zee-Sony merger: Media groups agree to sell three Hindi channels. On October 4, CCI said it has cleared the proposed Zee-Sony merger deal, which was announced in September last year

Tata Steel inks pact with Ford to supply green steel from the Netherlands. Tata Steel has inked an agreement with American carmaker Ford to supply "zeremis green steel" from its Netherlands-based IJmuiden plant after the unit shifts to hydrogen-based steel making. In Europe, Tata Steel is working to switch to low-carbon technolog

Dabur India to acquire 51% stake in Badshah Masala in Rs 587.52-cr deal. Home-grown FMCG firm Dabur India on Wednesday said it will acquire 51 per cent stake in Badshah Masala in a Rs 587.52-crore deal, marking its entry in the fast-growing spices and seasoning category. The company has signed definitive transaction agreements

Hindustan Copper pays Rs 74 cr dividend to Centre for FY22: Ministry. State-owned Hindustan Copper has paid a dividend of Rs 74.20 crore to the Centre for FY'22. "Hindustan Copper... has paid today a dividend of Rs 74.20 crore to the Government of India for FY 2021-22 being 30.01 per cent of Profit After Tax (PAT) in complia

Boeing posts .3 billion loss on costs tied to defence programmes. Boeing reported a USD 3.3 billion loss for the third quarter on Wednesday, as revenue fell short of expectations, it took a huge losses for fixed-cost defence programmes and its commercial-airplane business struggled. CEO David Calhoun said Boeing remains

Air India Express to lease 2 Boeing 737 airplanes from Vistara: Report. Budget airline Air India Express is looking to lease two Boeing 737 aircraft from full-service carrier Vistara to offer more flights during the winter schedule, according to a source. Both Air India Express and Vistara are part of the Tata group, which als

Zee, Sony agree to sell three Hindi channels to address CCI concerns. Big Magic, Zee Action and Zee Classic are all part of Zee network; the merging firms have a combined viewership share of 36% in Hindi general entertainment, and 33% in Hindi movies

Kerala-based IT firms secure business leads worth Rs 80 crore at GITEX. Over 2,000 business leads worth Rs 80 crore were generated by the IT companies from Kerala which took part in the recently concluded global IT exhibition (GITEX) at the Dubai World Trade Centre in the United Arab Emirates (UAE). Thirty IT companies from th

Madras HC orders status quo against digital payment app MobilePe. The Madras High Court has ordered maintenance of status quo against digital payment app MobilePe and its group companies in the matter of offering unified payments interface (UPI) and Bharat interface for money (BHIM) services. Justice M Sundar granted the

Sebi bars Momentum Tips, its proprietor from securities markets for 3 years. Sebi has barred Momentum Tips and its proprietor Ajay Kumar Mukhiya from the securities markets for three years for providing unauthorised investment services. The regulator issued a show cause notice to Momentum Tips and Mukhiya in September 2021. The mar

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore. Acquisition in line with its strategic intent to expand its food biz to Rs 500 crore in 3 years

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NSE share market NEWS tomorrow (28 October, 2022). NSE stocks in NEWS (tomorrow)

 

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