NSE share market NEWS tomorrow (25 October, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (25 October, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 October 2022
Bank India was amongst the top gainers, currently trading at 56.45 in NSE with 26.574 times change in volumes and 10.146% change in price. Other gainers included Multi Commodity with 9.218% price change and 13.454 times volumes, Bharat Heavy with 7.321% price change and 28.161 times volumes, Kei Industries with 6.388% price change and 28.209 times volumes, and Indraprastha Gas with 6.339% price change and 20.857 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.
Laurus Labs was amongst the top losers, currently trading at 452.90 in NSE with 6.082 times change in volumes and -5.607% change in price. Other losers included Suzlon Energy with -4.545% price change and 1.437 times volumes, Delhivery with -3.958% price change and 3.864 times volumes, Indus Towers with -3.657% price change and 31.637 times volumes, and Idfc First with -3.253% price change and 1.724 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.
Asia's biggest buyout: Toshiba valued at billion by JIP in takeover bid. A consortium led by Japan Industrial Partners Inc. is considering a takeover of Toshiba Corp. at a valuation of about 2.4 trillion yen (.1 billion) in what could be Asia's biggest buyout this year
After 5G, here's how Ambani will use financial services to tighten DNA loop. A successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing "DNA loop," shorthand for data, network and activity
Sivakasi's Rs 6,000-cr fireworks industry aims for international market. The 6000 crore fireworks industry of Sivakasi, which has turned mainly into green crackers, is now planning to tap the international firecracker industry hitherto dominated by Chinese players
HSBC Q3 profit slumps 42% on France sale charge, rising bad loans. HSBC reported on Tuesday a 42% tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income surged
Several startups in India may lose their Unicorn status, says report. In total, around 105 start-ups in India attained the status of Unicorns between 2018 and 2022 but the active number of unicorns has now been reduced to 84
Jakson Green to invest Rs 22,400 cr in green hydrogen project in Rajasthan. Jakson Green has inked a pact to invest Rs 22,400 crore to set up a green hydrogen and green ammonia project, in phases, in Rajasthan. The company has signed a Memorandum of Understanding (MOU) with the government of Rajasthan to this effect, Jakson Green
IT deals becoming smaller amid rising digital projects, says new report. The terms of a smaller deal can be chosen according to their own personal advantage by the parties in a smaller contract
Bankers association calls for strike on Nov 19 in protest of victimisation. Banking services across the nation will get affected on November 19, with members of the All India Bank Employees' Association (AIBEA) going on strike, said an official.
Crypto Exchange FTX to provide million phishing compensation to users. Digital-asset exchange FTX will provide about million compensation to its account holders impacted by a phishing incident via a third-party website
India most significant country for new things across our platforms: Meta. India is the most significant country for Meta in terms of all the new things that feature across its platforms -- Facebook, Instagram and WhatsApp, a top company official said. Meta has also provided a great opportunity for numerous brands and millions of
Tata Steel's Dutch arm signs MOU to supply Ford with green steel after 2030. Tata Steel's Dutch arm plans to supply Ford plants in Europe with "green" steel after 2030, under a preliminary agreement reached by the two companies on Tuesday
Embassy REIT to invest Rs 2,200 cr in 4 yrs to develop new office buildings. Embassy Office Parks REIT will invest around Rs 2,200 crore in the next four years to develop premium workspaces as it sees tremendous growth potential in office market despite global recessionary concerns, its CEO Vikaash Khdloya said. In an interview wit
India Space Congress enables startups to partner in .5 trn space economy. With a view to nurture the growing interest of deep space tech startups in India, India Space Congress, 2022 (ISC'22) announced a number of initiatives to showcase excellence
CDSL Q2 net profit falls 7% to Rs 80 cr, total income rises 3% to Rs 170 cr. Leading depository CDSL has reported a 7 per cent decline in its consolidated net profit to Rs 80 crore in three months ended September 2022. In comparison, the depository had posted a net profit of Rs 86 crore in the year-ago period, Central Depository Se
CCI slaps Rs 936.44 cr penalty on Google for unfair business policies. The Competition Commission on Tuesday slapped a penalty of Rs 936.44 crore on Google for abusing its dominant position with respect to Play Store policies and directed the company to cease and desist from unfair business practices. In a release, the Compet
Reliance to commission its deepwater MJ gas condensate field by year-end. Reliance Industries Ltd will commission its deepwater MJ gas condensate field in Bay of Bengal block KG-D6 by year end, boosting natural gas output to 30 per cent of India's total. "With respect to the MJ gas condensate field project being pretty much on t
Realty firm Puravankara's Apr-Sept sales bookings up 43% to 1,306 crore. Bengaluru-based realty firm Puravankara Ltd's sales bookings have risen 43 per cent to a record Rs 1,306 crore during April-September period of this fiscal year on better housing demand. Its sales bookings stood at Rs 910 crore in the year-ago period. Acco
Ultraviolette open bookings for F77 e-bike from today; check details. alking about its Ultraviolette F77, the company said that the entire chassis of the bike has been redesigned to include the new battery pack, which is now fixed and heavier than before
Pine Labs sees huge demand for its buy-now-pay-later service in hinterlands. The fintech unicorn expects to process BNPL transactions worth Rs 5,000 crore this month as an increasing number of customers in small towns are buying products on EMI this festive season
Sony Pictures India rebrands channel portfolio to align with global ethos. Sony Pictures Networks India (SPNI) has rebranded all its network channels to be more aligned with the Japanese conglomerate's global ethos, the company said in a statement on Monday. According to N P Singh, managing director and CEO, SPNI, "The power of t
We are not here to have a nice time: CEO Aggarwal about Ola's work culture. The yardstick at which the firm would like to be judged is the impact it is creating, said Ola CEO
RIL becomes first Indian company to post earnings call on metaverse. The RIL metaverse was produced in partnership with GMetri, a no-code metaverse creation platform. One doesn't need to wear an AR/VR headgear to access it
Samsung India reports 10% jump in FY22 revenues from ops to Rs 85,324 cr. In FY22, the South Korean company's overall revenue in India, including other income, increased by 10% to Rs 85,324 crore
Indraprastha Gas net rises 4% in Sept quarter as gas prices hurt margins. Indraprastha Gas Ltd, which retails CNG and piped cooking gas in the national capital and adjoining cities, reported a 4 per cent rise in its September quarter net profit as rise in input natural gas prices hurt margins. The net profit stood at Rs 416.15 c
Tree House Education gets clean chit in misstatements of financial case. After a six-year long forensic audit, Sebi has given a clean chit to Tree House Education & Accessories Ltd, its promoters and other officials in a case related to alleged misstatements of the company's financials. In its letter to Tree House Education dat
Dr Reddy's, Cipla, and Aurobindo units recall products in US market. Leading drug firms Dr Reddy's Laboratories, Cipla and Aurobindo Pharma are recalling different products in the US market for various issues, according to the US Food and Drug Administration. As per the enforcement report by the US Food and Drug Administrat
No govt, LIC veto post privatisation of IDBI, to give promoters free hand. The government and state-owned insurer LIC, who will continue to hold significant shareholding in IDBI Bank post its privatisation, will not veto any proposals of the new owner as part of their plan to give the incoming promoters a free hand, a senior offi
E-commerce firms give airlines a miss, ship Diwali parcels by road, rail. This comes on the back of tie-ups between e-commerce companies and Indian Railways, and expansion of fulfillment centres which has enabled increased storage and quicker deliveries
Moonlighting unacceptable, action taken against few: Happiest Minds. IT company Happiest Minds Technologies has said moonlighting is unacceptable as it amounts to violation of job contract and that "few" employees found engaging in such practices have been fired over the last 6-12 months. The company -- which recently logge
DLF sells housing units worth Rs 4,092 cr in Apr-Sep, up 62% Y-o-Y. Realty major DLF Ltd's sales bookings rose 62 per cent year-on-year during the April-September period to Rs 4,092 crore on better demand for its housing properties. Its sales bookings stood at Rs 2,526 crore in the first half of the previous financial year
Samsung India's profit falls 5% to Rs 3,844 crore; revenue rises 9%. Samsung India Electronics' profit after tax for FY22 fell 4.86 per cent to Rs 3,844.40 crore, while its revenue from operations went up 8.65 per cent to Rs 82,451.60 crore, said data accessed by business intelligence platform Tofler. The electronic major h
Byju's to raise 0 mn, in talks with Abu Dhabi's sovereign wealth funds. The funds are being raised at a time when the company said it is in the sweet spot of its growth story and the capital its invests in its business now will result in profitable growth
JSW Group to foray into lending with Rs 400 cr investment in captive NBFC. The Sajjan Jindal-led JSW Group is foraying into the lending space with an investment of up to Rs 400 crore in a captive non-bank lender housed in its e-commerce arm, a senior official has said. The non-bank finance company (NBFC) will be a subsidiary of t
Best Agrolife Q2 profit up five-fold to Rs 129.81 cr; total income doubles. Agro chemicals firm Best Agrolife Ltd has clocked an over five-fold jump in its consolidated net profit at Rs 129.81 crore for the quarter ended September on higher sales. Its net profit stood at Rs 25.18 crore in the year-ago period, the company said in a
Over 30% increase in last-minute bookings for the Diwali long weekend: Oyo. Top 5 cities in terms of bookings include Hyderabad, Bangalore, Kolkata, Goa and Chennai, says the hospitality technology company
Oyo starts internal probe after couple filmed in Noida hotel. Oyo has started an internal probe after Noida police arrested two people who allegedly put a hidden camera in a hotel room and filmed a couple, officials said Saturday. The two accused had booked the same room in the Phase 3 police station area last month
Spectrum auction to hurt India's satellite play, says Sunil Mittal. OneWeb is also in the process of getting regulatory approvals for a proposed merger with French satellite major Eutelsat Communications
Future Retail insolvency: Deadline for bids extended to November 3. The deadline for submission of expression of interest for debt-ridden Future Retail Ltd (FRL) has been extended by almost two weeks to November 3. As per the modified invitation of expression of interest (EoI) for the Future Group firm undergoing Corporate
Pilots, officers apprehensive of SpiceJet's salary hike announcement. Days after SpiceJet announced a salary hike for its pilots, a section of captains and first officers of the airline has expressed apprehension about the implementation of the revised remuneration citing terms and conditions. In a communication to pilots on
Office building leasing up 37% in September in top 7 cities: JLL India. The total leasing of office space for all grades of buildings rose 37 per cent year-on-year in September across seven major cities to 6.3 million square feet on better demand, according to property consultant JLL India. The aggregate office market leasing
Solar glass manufacturer Borosil Renewables acquires Interfloat Group. India's first solar glass manufacturer Borosil Renewables Ltd has acquired 86 per cent stake in Europe's largest solar glass manufacturer Interfloat Group for an undisclosed sum of money. "With its acquisition of the Interfloat Group, BRL's solar glass man
RBL Bank's Q2 net surges over 6 times as provisions decline sharply. Aiming for 15% growth in advances in FY23, 20% in FY24, said RBL Bank MD, CEO
India logs Dhanteras gold rush, jewellery sees 595% jump in orders: Report. India Witnesses the Dhanteras Gold Rush, Jewelry Sees a 595 percent Increase in Orders During the Diwali Season: Razorpay Festive Report
Kotak Mahindra Bank's consolidated net profit rises 20.7% in Q2FY23. NII of the lender grew 26.8 per cent YoY to Rs 5,099 crore during this period and net interest margin, a measure of profitability of banks, stood at 5.17 per cent
YES Bank Q2 net profit down 32.2% to Rs 153 cr on higher provisions. YES Bank's net interest income (NII) was up 31.7 per cent YoY in Q2FY23 to Rs 1,991 crore
Around Rs 40,000 cr of business expected during 2-days of Dhanteras: CAIT. Around Rs 40,000 crore of business is expected to be generated on this Dhanteras, which is spread over the weekend, on the back of positive consumer sentiment, the Confederation of All India Traders (CAIT) said on Saturday. Dhanteras, the first day of Diwa
ICICI Bank Q2 net rises 37% to Rs 7,558 cr on healthy loan growth. Advances of ICICI Bank grew 23 per cent YoY and 5 per cent sequentially to Rs 9.38 trillion at the end of the September quarter
IDFC First Bank Q2 net profit jumps 266% to Rs 556 cr; NII climbs 32%. IDFC First Bank on Saturday reported a 266 per cent jump in its net profit at Rs 556 crore for the quarter ended September 2022 on the back of strong growth in core operating income. The private sector lender had posted a net profit of Rs 152 crore in the
Ola ramping up e-scooter production, capacity: CEO Bhavish Aggarwal. Ola Electric is ramping up production of its e-scooters and is parallelly expanding capacity at its factory in Krishnagiri in Tamil Nadu to meet future demand, company Founder and CEO Bhavish Aggarwal said on Saturday. The company, which launched its new S
Ola Electric launches new e-scooter for introductory price of Rs 79,999. Ola Electric on Saturday launched an all-new Ola S1 Air electric scooter at a special introductory price of Rs 79,999
Jaiprakash Power Ventures posts Rs 75.42 cr net profit in September quarter. Jaiprakash Power Ventures Limited (JPVL) on Saturday posted a consolidated net profit of Rs 75.42 crore in the September quarter. The company had reported a consolidated net loss of Rs 1.42 crore in the quarter ended on September 30, 2021, a BSE filing sh
Ola Electric unveils S1 Air scooter at an introductory price of Rs 79,999. Ola said this is a big push towards taking India closer to ending the era of petrol vehicles
Bombay Dyeing to move SAT against Sebi ruling in 2-yr market ban case. Bombay Dyeing & Manufacturing Company Ltd on Saturday said it will move to the Securities Appellate Tribunal against the Sebi's ruling that barred the company, its promoters from the securities markets for up to two years. Sebi, in its order, barred 10 ent
ArcelorMittal partners with S Africa's Sasol to boost hydrogen economy. A partnership between ArcelorMittal SA (AMSA) and South Africa's homegrown petrochemicals giant Sasol to develop a green hydrogen hub in Saldanha Bay is expected to give a huge boost to the hydrogen economy in the country. Saldanha Bay, located on the West
Wadias, BDMCL likely to file appeal before SAT against Sebi order. Sebi has charged the violators under the Prevention of Fraudulent and Unfair Trade Practices Regulations for alleged misrepresentation of financial statements
What does Nikhil Kamath think of venture funding in today's world?. Business Standard's Raghav Aggarwal caught up with Zerodha co-founder Nikhil Kamath, to talk about the future of fintech and funding in India. Let us listen in to the interview
Walmart-backed PhonePe in talks to raise funds at bn valuation: Report. Indian digital payments firm PhonePe is in talks to raise funds in a round led by General Atlantic at a valuation of billion
SpiceJet to suspend services in Sikkim due to operational constraints. SpiceJet, the only carrier that runs daily flights to and from the greenfield airport in Sikkim's Pakyong, will suspend services in the hill state from October 30 due to "operational constraints". According to a spokesperson of the budget airline, bad weat
United Breweries Q2 net rises 67% to Rs 134.12 cr, revenue up 11.5%. Beer maker United Breweries Ltd has reported a 66.94 per cent growth in its consolidated net profit at Rs 134.12 crore in the second quarter ended September 30, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing com
ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts. ICICI Bank Q2 preview: Better credit growth, including for mortgages and unsecured loans, should drive up margins, leading to healthy core profitability, analysts said
HPV vaccine prodn delayed due to Covid, to start supply in early 2023: SII. Serum Institute of India (SII) had to defer HPV vaccine production by two years due to the focus on COVID, and will start supplying small quantities of the dose to the Indian government in early 2023, a top official has said. Exports will have to wait till
Covishield production stopped in Dec 2021, says Serum Institute's CEO. CEO Adar Poonawalla said Serum Institute of India stopped producing Covishield vaccine from December 2021 and of the total stock available at that time, about 100 million doses had already expired
Snap's revenue increased 6% YoY to ,128 mn in third quarter of 2022. Snap, the parent company of Snapchat, has reported that its revenue grew 6 per cent year-over-year (YoY) to ,128 million in the third quarter of 2022.
Air India appoints Henry Donohoe as head of safety, security & quality. Air India has appointed Henry Donohoe as the Head of Safety, Security and Quality from November 7
Adani Group considers raising bn debt in lower-cost debt, green bonds. Gautam Adani's group is looking to raise at least billion in new debt over the next year as his conglomerate seeks to refinance its high-cost borrowings and fund projects in the pipeline
Even as overall hiring slows down, no dearth of jobs for senior execs: Rpt. The demand for CXOs has been relatively high in the industrial and manufacturing sectors, auto, chemicals, financial services, and energy firms
Reliance Capital binding bids submission deadline extended to November 20. Reliance Capital Committee of Creditors (COC) has decided to extend the date of submitting the binding bids from October 31 to November 20
Large contracts in pipeline, deal win trend intact in medium term: Mphasis. Mphasis has a reasonable proportion of large contracts in its pipeline and expects its current trend of new deal wins to continue over the medium term, a top company official said
NGT imposes Rs 18.35 cr fine on HPCL-Visakh Refinery for green violations. The National Green Tribunal has imposed a Rs 18.35 crore fine on Hindustan Petroleum Corporation Limited (HPCL)-Visakh Refinery over violation of environmental norms
Wockhardt likely to sell India business to cut debt, focus on UK: Analysts. Company left with low-margin brands in India after selling profitable ones
PhonePe in talks to raise 0 mn in funding at bn valuation. Digital payments firm seeking investors' support to scale up operations and compete with rivals
Meta-owned Facebook introduces new features, including Reels for Groups. Facebook has announced that it is rolling out more options for people to connect over shared interests, including Reels in Facebook Groups and updates to Group profiles
Hindustan Zinc Q2 profit up 33% to Rs 2,680 cr, revenue up to Rs 8,127 cr. Vedanta Group firm Hindustan Zinc on Friday reported 32.8 per cent rise in consolidated net profit at Rs 2,680 crore for September quarter 2022-23. The company had posted a net profit of Rs 2,017 crore for the year-ago period, Hindustan Zinc said in a fili
IDBI Bank net profit up 46% at Rs 828 cr in Q2 FY23, net NPAs down to 1.15%. IDBI Bank on Friday reported a 46 per cent rise in its net profit to Rs 828 crore for the second quarter ended September 30. The bank had posted a net profit of Rs 567.12 crore in the year-ago period. The total income in the September 2022-23 quarter rose
JSW Steel posts surprise quarterly loss of Rs 848 crore on price slump. JSW Steel on Friday reported a consolidated net loss of Rs 915 crore for the quarter ended September 30, 2022. The company had posted a consolidated net profit of Rs 7,179 crore for the year-ago period, JSW Steel said in a filing to BSE. However, income du
DGCA lifts 50% cap restrictions on SpiceJet, to operate with full capacity. Scheduled airlines will operate 21,941 flights on domestic routes every week in the winter schedule starting from October 30
HDFC Life reports 19% jump in Q2 earnings as policy sales pick up. Standalone profit-after-tax was 3.26 billion Indian rupees (.42 million) for the quarter ended Sept.30 compared with 2.74 billion rupees, the insurer said in a regulatory filing
Q2 results: Motilal Oswal Financial Services' PAT up 11% to Rs 509 crore. Motilal Oswal Financial Services Ltd on Friday reported an 11 per cent growth in Profit After Tax (PAT) at Rs 509 crore for three months ended September 2022 driven by robust growth across the segments. This was the highest quarterly profit posted by the c
ADIA, Brookfield, KKR to invest Rs 4k cr in UPL's pure-play biz platforms. Agrochemical major UPL on Friday announced a strategic corporate realignment in which ADIA, Brookfield, KKR and TPG will separately invest Rs 4,040 crore (USD 500 million) for minority stakes in its pure-play business platforms. Abu Dhabi Investment Author
Karur Vysya Bank net profit up 52% at Rs 250 cr in Q2, deposits grow. NPA declines to Rs 2,457 crore, compared to Rs 3,972 crore a year ago
ADIA, KKR, Brookfield to invest in UPL companies as restructuring move. KKR, the US-based private equity firm, will separately invest Rs 2,460 crore to pick up a 13.33 per cent stake in Advanta Enterprises, a subsidiary of UPL.
Reliance Jio Q2 results: Net profit rises 28% to Rs 4,518 crore. The revenue from operations jumped 20.2 per cent to Rs 22,521 crore for the just ended quarter, from Rs 18,735 crore in the year-ago period
Ambuja Cements net profit falls 94% to Rs 51.3 crore in Sept quarter. Ambuja Cements, now part of the Adani Group, on Friday reported a fall of 94.24 per cent in its consolidated net profit at Rs 51.30 crore for the September quarter, mainly due to rising fuel prices and related inflationary impact. The company had clocked a
HUL Q2 net profit rises 22.2% to Rs 2,670 crore; revenue up 16.4%. FMCG major Hindustan Unilever Ltd on Friday reported a 22.19 per cent rise in its consolidated net profit to Rs 2,670 crore for the second quarter ended September 30, mainly helped by volume growth. The company had posted a net profit of Rs 2,185 crore in
Laurus Labs Q2 profit up 14% at Rs 233 cr, revenue jumps to Rs 1,576 cr. Drug firm Laurus Labs on Friday said its consolidated net profit increased 14 per cent to Rs 233 crore in the second quarter ended September 30, 2022. The company had reported a net profit of Rs 204 crore in July-September period a year ago. Revenue from o
J&K Bank Q2 profit doubles to Rs 243 crore amid fall in bad loans. Jammu & Kashmir Bank on Friday reported over two-fold jump in net profit at Rs 243.49 crore for September quarter 2022-23 on a healthy growth in interest income and fall in bad loans. The bank had posted a net profit of Rs 111.09 crore for the year-ago per
CSB Bank Q2 profit at Rs 121 cr, total income rises to Rs 600.12 cr. CSB Bank on Friday reported a marginal uptick in net profit at Rs 120.55 crore for the quarter ended September 2022 on growth in net interest income. The bank had posted a net profit of Rs 118.57 crore for the year-ago period. Total income rose to Rs 600.1
CCI's Rs 1,338 cr penalty a 'major setback' for Indian consumers: Google. Google on Friday said it will review Competition Commission's (CCI) decision to impose a Rs 1,338 crore penalty for alleged anti-competitive practice, and termed the order a "major setback" for Indian consumers and businesses. In its first official respons
Infosys allows employees to take up gig work with managers' prior consent. Several IT companies including Tata Consultancy Services (TCS), HCLTech, IBM, and Wipro have opposed moonlighting, calling it an ethical issue as well as a breach of employee code
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