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NSE share market NEWS tomorrow (08 August, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 August 2022

Himachal Futuristic was amongst the top gainers, currently trading at 74.50 in NSE with 3.156 times change in volumes and 9.478% change in price. Other gainers included Jsw Energy with 9.045% price change and 2.413 times volumes, Hindustan Aeronautics with 8.108% price change and 5.119 times volumes, One 97 with 6.458% price change and 3.106 times volumes, and Uno Minda with 5.389% price change and 9.082 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.

Hindustan Petroleum was amongst the top losers, currently trading at 239.05 in NSE with 2.388 times change in volumes and -4.647% change in price. Other losers included Alkem Laboratories with -4.123% price change and 0.972 times volumes, Yes Bank with -3.904% price change and 1.174 times volumes, Bharat Petroleum with -3.196% price change and 3.704 times volumes, and Kei Industries with -3.157% price change and 0.316 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.

Smartworks leases tech park in Bengaluru; aims Rs 1,000 revenue in 2022. Smartworks' revenues have increased three-fold, and it aims to reach the Rs 1,000 crore revenue milestone in 2022

AI reported 184 tech snags in last one year, IndiGo 98, SpiceJet 77: Govt. The Tata Group took control of Air India and its subsidiary Air India Express on January 27 after successfully winning the bid for the airline on October 8 last year

Indian Hotels posts consolidated PAT of Rs 170 cr in Q1 amid rise in demand. The company's revenue surged by 249.45 per cent to Rs 1,293 crore during the quarter under review, compared to Rs 370 crore in the year-ago period.

India's smartphone market sees 1% decline in the first half of 2022. Xiaomi continued to be the top-selling brand, but saw a big drop in shipments due to supply constraints through the first half of 2022

New business premiums of life insurance companies jump 91% in July. This is thanks to strong premium growth by LIC

Succession at Torrent Group: Varun Mehta inducted into Torrent Power Board. After cousin Aman joins Torrent Pharma board, Varun Mehta, son of Sudhir Mehta, joins Torrent Power Board

Ford's Sanand plant buy to help Tata Motors consolidate EV position. The Tata Group flagship corners 80 per cent share in the e-passenger vehicle market and it's looking at a 5x jump in sales by end of next financial year

5G-ready Bharti Airtel's profit up sixfold; sees 22.2% revenue growth. The company's healthy results came ahead of the launch of its 5G services in India later this month

Nalco's Q1 net profit rises 61% to Rs 558 crore, revenue jumps 53%. The company had posted a consolidated profit of Rs 347.48 crore in the year-ago period, Nalco said in a regulatory filing.

City Union Bank Q1 net rises 30% to Rs 225 cr; asset quality improves. Total income during April-June quarter of 2022-23 was up by 11 per cent at Rs 1,317 crore as against Rs 1,191 crore earlier, City Union Bank said in a release.

Jio completes 5G coverage planning in top 1,000 cities: RIL annual report. In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology.

Dhanlaxmi Bank posts Q1 net loss of Rs 26 cr on higher expenses, provisions. Total income during April-June quarter of 2022-23 was down at Rs 237 crore as against Rs 246 crore in the year-ago period. The interest income, however, was up at Rs 258 crore as against Rs 218 crore.

Delhivery Q1 results: Net loss widens to Rs 399 cr; total income rises 32%. The firm's total income rose 32% to Rs 1,795 crore in Q1FY23

PGCIL's Q1 net profit falls 36% to Rs 3,801 cr; total income rises 7%. The PAT (Profit After Tax) of Rs 5,998 crore included an exceptional item of Rs 3,014 crore (Rs 2,657 crore net of tax) on account of monetisation of assets.

upGrad raises 0 mn funding, eyes acquisitions in US, Southeast Asia. The funding has helped the firm double its valuation to .25 billion

Good Glamm Group strengthens video content strategy to reach more users. Good Media Co. will be investing million in growing its video assets and digital media platforms to increase reach by 150 per cent and scale revenue across the Good Glamm Group brands by 50%

Apollo Hospitals acquires asset from Nayati Healthcare for Rs 450 crore. The hospital asset was sold by DLF Qutub Enclave Complex Medical Charitable Trust in 2011 to Nayati Healthcare and Research NCR Pvt Ltd

Accenture and AWS collaborate to upskill individuals for cloud careers. It will also connect learners to potential employers and offer support for resume writing and coaching for job interviews

Sauvik Banerjjee, former Tata Digital CTO, joins UK's Rezolve. Banerjjee brings to Rezolve more than 22 years of experience in senior roles

Reckitt contributes Rs 7,880 cr to India's GDP in 2021: Oxford Economics. India is among the top three markets for Reckitt, earlier known as Reckitt Benckiser, and owns popular household brands such as Dettol, Lysol, Harpic, Durex, Veet and Strepsils

What are ESOPs?. Employers looking to attract and retain talent are going beyond offering traditional benefits like allowances, special pay packages etc. One such compensation is ESOPs. Find out what are ESOPs

Higher edtech platform upGrad raises Rs 1,670 cr despite funding winter. At a time when the Indian edtech companies are busy sacking employees amid the ongoing funding winter, upGrad said it has raised 0 million (about Rs 1,670 crore)

RIL's green energy biz will outshine other segments in 5-7 years: Ambani. He said that RIL would continue to expand its existing businesses in terms of technology, innovation, scale and execution

Wealth management platform Dezerv raises mn in series A led by Accel. Dezerv was founded in 2021 by Sandeep Jethwani, Vaibhav Porwal and Sahil Contractor and so far seen more than Rs 800 crore invested through the platform

Paytm at near six-month high by over 6% as quarterly revenue surges. Higher number of monthly users, additional payment devices and more disbursal of loans lifted the company's revenue to 16.8 billion rupees (1.16 million), from 8.91 billion rupees last yea

OPPO 'Elevate' sees 2-times growth, sharpens focus on Indian startups. OPPO India on Monday completed the 2nd edition of its 'OPPO Elevate Programme', that saw two times growth in the number of innovative startups from the country.

Syrma SGS Technology to come out with IPO worth Rs 840 crore on Friday. Electronic manufacturing services firm Syrma SGS Technology on Monday said it will come out with Rs 840-crore initial share sale on August 12, which will end 2-and-a-half months of gap in IPO market.

Japan tech giant SoftBank posts $ 23 bn quarterly loss as investments sank. Japanese technology company SoftBank Group posted a $ 23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates.

Adani Ports Q1 net drops 17% to Rs 1,092 cr; total income rises marginally. The company's total expenses also increased to Rs 4,174.24 crore from Rs 3,660.28 crore earlier

IDFC, Indian Bank, Yes Bank put SpiceJet loans on high-risk: Report. The lenders are concerned about SpiceJet's cash flows and have held discussions seeking assurances from the budget carrier, as it is behind on payments to some aircraft lessors, say sources

JSW Steel outlays Rs 20,000 crore capex for FY23: CMD Sajjan Jindal. JSW Steel will invest over Rs 48,000 crore in the next three years as part of its capex plan, the company's Chairman and Managing Director (CMD) Sajjan Jindal has said. Out of Rs 48,700, Rs 20,000 crore capex (capital expenditure) is for the 2022-23 financ

HC allows entities related to Vivo to operate bank A/Cs with condition. Delhi HC granted permission to 14 entities, which the ED claims are connected to Vivo, to operate their frozen bank accounts subject to maintaining the balance as on date of agency's search.

Bharti Airtel Q1 results: Net profit soars 466%; ARPU rises to Rs 183. Revenue from operations rises 21% to Rs 32,805 cr

NTPC seeks shareholders' nod to raise up to Rs 12,000 cr via bonds. The funds to be raised in one or more tranches (not exceeding 12) through private placement will be used as capital expenditure, working capital and for general corporate purposes

Top headlines: Airtel Q1 net soars 466%; equity MFs' July inflow drops 43%. India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 (0) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.

Reliance Retail made investments to the tune of Rs 30,000 crore in FY22. The country's largest retailer made the investment in its retail business in organic growth, acquisitions and strategic partnerships

Indian Overseas Bank plans to raise Rs 1,000 cr via QIP to sustain growth. During the quarter under review, the bank's total income dipped to Rs 5,028 crore as against Rs 5,607 crore during the April to June quarter of 2021-22

PGCIL to seek shareholders' nod to raise up to Rs 6,000 cr via bonds. State-owned Power Grid Corporation of India (PGCIL) will seek shareholders' approval on August 29, to raise up to Rs 6,000 crore through the issuance of bonds during the financial year 2023-24

The rationale behind Indian companies needing their own 5G networks. Private 5G captive networks are about deployment of high speed, enhanced data capacity, and ultra-low latency applications inside a closed hospital, airport and shipping port, among others

Will bring 10 grounded wide-body aircraft to service by 2023: Air India. Air India on Sunday said it will bring back its 10 grounded wide-body aircraft to service by early 2023

Cipla betting big on digitisation and emerging segments like mRNA. Drug major Cipla is betting big on digitisation and emerging segments like biosimilars and mRNA aided medications to drive its next phase of growth. The Mumbai-based drug maker is also bullish on maximising value opportunity in the complex generics in the

AIPEF Chairman says claims of choice to power consumers 'misleading'. The claim of providing choice of multiple service providers to power consumers in the Electricity Amendment Bill 2022, is "misleading" and will make state-run discoms loss making entities

Aviation Minister flags off Akasa maiden flight on Mumbai-Ahmedabad route. Civil Aviation Minister Jyotiraditya Scindia will on Sunday inaugurate Akasa Air's first commercial flight that will operate on the Mumbai-Ahmedabad route

IOC, HPCL, BPCL post Rs 18k-cr combined loss in Q1 on holding fuel prices. According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin on petrol, diesel and domestic LPG

Godrej Properties aims to add new projects worth Rs 15,000 cr in FY'23. Godrej Properties is looking to add new housing projects worth about Rs 15,000 crore this fiscal year by purchasing land outright and by forming joint ventures with landowners

DBS Group bullish on India, to grow through 'phygital' model, says CEO. DBS Group is bullish about business opportunities in India and has employed a phygital strategy, offering best-in-class digital capabilities to customers supported by a strong physical network

Maruti Suzuki aims to produce 2 mn units this fiscal: Chairman R C Bhargava. Maruti Suzuki India will increase its production and aims to produce 20 lakh units in the ongoing fiscal with improving availability of semiconductors, according to company Chairman RC Bhargava. In his address to shareholders in the company's annual report

Vodafone Idea says industry needs tariff increases at regular intervals. Vodafone Idea Ltd says the industry needs to raise mobile tariffs at regular intervals as the sector still operates at unsustainably low prices and revisions will allow it to generate returns.

Hindustan Aeronautics developing long-endurance drone for vigil over LAC. Hindustan Aeronautics Ltd (HAL) is working on an AI-driven multi-role, advanced and long-endurance drone for strategic missions in high-altitude areas including along the frontiers with China

NARCL interested in taking over loan accounts of debt-ridden Srei: Official. The National Asset Reconstruction Co Ltd (NARCL) has evinced interest in the loan accounts of Srei group companies, which are undergoing corporate insolvency resolution process, a top official of a state-owned bank said. The development comes at the time w

More green energy funding, 5G in the spotlight at RIL's August 29 AGM. Company may spell out plans for retail and telecommunication businesses in the meeting

Tata Motors' EV subsidiary buys Ford's Sanand plant for Rs 725 crore. The plant offers 3,043 direct jobs and 20,000 indirect jobs

DLF mulls auction bid for Delhi mall with base price of 6 mn: Report. India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall which has a starting auction price of 6 million

Twitter failed to disclose litigation against Indian govt, says Elon Musk. Tesla CEO Elon Musk said that the social media giant jeopardized its third largest market by failing to disclose "risky" litigation against the Indian government

Fortis Healthcare's consolidated net profit falls 69% to Rs 134 cr in Q1. Fortis Healthcare has reported 69 per cent decline in consolidated net profit at Rs 134 crore for the first quarter ended June 30

SBI reports 6.7% dip in standalone net profit at Rs 6,068 cr in Jun qtr. Net interest income of the lender grew 13 per cent YoY to Rs 31,196 crore in Q1FY23

Vistara takes Dreamliner aircraft on lease to boost international ops. Vistara said it has taken a Boeing 787-9 Dreamliner aircraft on lease, which will help the airline increase its number of flights to Frankfurt and Paris

CAMS profit up 2.4% to Rs 64.78 crore in June quarter; revenue rises 18%. The company had posted a PAT of Rs 63.24 crore in the same quarter of the last fiscal, Computer Age Management Services Ltd (CAMS) said in a statement.

Marico Q1 net profit rises 3% to Rs 377 cr; revenue up 1.3% to Rs 2,558 cr. The company had posted a net profit of Rs 365 crore in the April-June period a year ago, Marico said in a BSE filing.

MGL net falls 9% to Rs 185.20 cr on higher gas cost, revenue up two-folds. MGL said total gas sales jumped nearly 44 per cent to 313.75 million cubic meters with CNG sales soaring 64 per cent. EBITDA fell 6 per cent to Rs 285.55 crore in April-June.

Jagran Prakashan Q1 net profit at Rs 40.5 cr; revenue up 68% to Rs 454 cr. The company had posted a net loss of Rs 7.05 crore during the April-June period a year ago, Jagran Prakashan Ltd (JPL) said in a BSE filing.

NCLAT stays NCLT order terming allotment of shares in Peerless 'void'. About 30,000 shares of Peerless had been issued to friends, relatives and nominees of the Roys, promoters of Peerless, in 1988 following an annual general meeting

Indian Overseas Bank Q1 net profit rises 20% to Rs 392 cr on less bad loans. The bank's total income declined to Rs 5,028 crore in the first quarter of 2022-23, as against Rs 5,607 crore in the same period a year ago, IOB said in a regulatory filing.

BPCL Q1 net loss at Rs 6,291 cr on holding fuel prices despite rise in cost. Net loss of Rs 6,290.8 crore in April-June compared with Rs 3,192.58 crore in the same period a year back, the company said in a statement.

GAIL stock slips on worries of gas supply disruptions despite strong Q1. Analysts remain positive with valuations ranging from Rs 176 to Rs 197

Need to boost manufacturing to create jobs, says Anand Mahindra. "Only 40 per cent of the labour force that is capable of working is actually working or looking for work. The biggest sufferers are youth and women," said Mahindra.

Nykaa consolidated net profit rises 42% to Rs 5 crore in June quarter. The consolidated revenue from operations of Nykaa increased by 41 per cent to Rs 1,148.42 crore during the reported quarter from Rs 816.99 crore in June 2021 quarter.

MapMyIndia net profit up 18% at Rs 24 crore in April-June quarter. Digital map company CE Info Systems, which operates under MapMyIndia brand name, posted nearly 18% increase in its consolidated profit at Rs 24.2 crore in the April-June quarter of FY23.

Titan revenue up 199% to Rs 8,975 cr on the back of strong festive demand. Excluding the sale of bullion, the company's revenue stood at Rs 8,649 crore, a growth of 199 per cent, compared to Rs 2,890 crore in Q1FY22

Unity Small Finance Bank appoints Inderjit Camotra as MD and CEO. Unity Small Finance Bank is a new age, digital first bank which was recently elevated to a 'Scheduled Bank' and was included in the Second Schedule of the RBI Act.

UCO Bank net profit rises 22% to Rs 123.61 crore in June quarter. State-owned UCO Bank on Friday posted a 22 per cent rise in its net profit at Rs 123.61 crore for the first quarter ended June 30, helped by fall in bad loans. The bank had reported a net profit of Rs 101.81 crore in the same quarter of financial year 2021

REC okays subscribing 50% equity in asset management firm PFC Projects. State-owned REC Ltd board has approved a proposal for subscribing 50 per cent equity not exceeding Rs 50 crore in PFC Projects, a power asset management company for taking over stressed assets. As per a BSE filing, PFC Projects is a 50:50 joint venture co

Builders see short-term impact on sales on likely hike in home loan rate. The RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing affordability of prospective homebuyers, they added.

Q1 results: M&M's consolidated net profit jumps more than 5 times. Mahindra said it received more than 100,000 orders within 30 minutes of opening books for its Scorpio-N SUV, worth around Rs 18,000 crore in sales value

Shipping Corporation of India Q1 net profit falls 27.97% to Rs 114.17 crore. The company had clocked a consolidated net profit of Rs 158.51 crore in the corresponding period a year earlier, it said in a regulatory filing.

Paytm Q1 net loss widens to Rs 644 cr; revenue up 89% to Rs 1,680 cr. Its contribution profit, which excludes taxes and marketing expenses but includes promotional incentives, grew over three-fold to Rs 726 cr in June 2022 quarter from Rs 245 cr in year ago period

Raymond posts Q1 net profit at Rs 82 crore helped by an increase in sales. Its revenue from operations was at Rs 1,728.14 crore, up two-fold, in comparison with a lower base of the pandemic-impacted corresponding quarter.

IRB Infra net profit rises multi-fold to Rs 363 crore in June quarter. The company had clocked a consolidated net profit of Rs 71.91 crore in the corresponding period of the previous fiscal, it said in a regulatory filing.

Nykaa to acquire LBB to sharpen its position as a discovery-led retailer. "The transaction will enable the company to strengthen its content delivery, drive discovery for brands and make shopping experience more engaging for the customers," Nykaa said in a regulatory filing

How Holcim units, other cement firms fixed prices: Antitrust probe. Cement production is a lucrative business in India's booming economy, with high demand especially from rural housing and infrastructure firms

Hindustan Unilever eyes Rs 100-crore run rate for its D2C brands. The comapny has invested not more than a few (Rs)100 crore in its nano factories without giving the exact investment figure

Petronet Q1 net up 10% on processing larger volumes of imported fuel. Net profit in April-June at Rs 700.9 crore compared with Rs 635.67 crore in the same period a year back, Petronet CEO A K Singh said on a media call.

SoftBank, JP Morgan connect 10 unicorns mulling IPO in 3 years with MFs. SoftBank, through SoftBank Vision Fund, has invested USD 15 billion in India of which around USD 11 billion has been invested in the last five years

IBS Software to develop a passenger service system for Jet Airways. This will comprise booking engine, inventory and revenue management, departure control and loyalty management systems

Amazon Great Freedom Festival sale starts today: Check all key details here. According to Amazon, "customers shopping during the Great Freedom Festival can save more by getting an extra 10 per cent instant discount with SBI Credit cards and Credit EMI"

NHAI violated contract sanctity, gave concessionaires undue perks: CAG. The top auditory body found that concessions in 20 projects led to deferments of Rs 9,296 crore premium payable to NHAI between 2014 and 2019

Adani buys Macquarie Infra's toll roads in Andhra, Gujarat for Rs 3,110 cr. The deal, executed at Rs 3,110 crore, will give Adani control over four stretches of toll roads in Andhra Pradesh and Gujarat and is expected to be completed by September

HDFC Ltd secures .1 bn syndicated social loan for affordable housing. This transaction is the largest social loan globally, the first social external commercial borrowing (ECB) loan out of India and the largest ECB loan deal from a HFC or private NBFC in India

Inflation in Netherlands above 10% for first time since 1975: CBS. Inflation in the Netherlands rose to 10.3 per cent in July, exceeding the 10 per cent mark for the first time since September 1975, the Central Bureau of Statistics (CBS) announced.

Streaming company SoundCloud announces 20% layoff of workforce. Streaming platform SoundCloud has announced to cut 20 per cent of its workforce "given the challenging economic climate and financial market headwinds".

Amazon Great Freedom Festival sale goes live for Prime user: Details here. Amazon is offering major deals and offers during the Great Freedom Sale 2022 on mobile phones, laptops, TVs, wearables among a wide range of electronics

Tata Motors aim to grow in excess of 40% over Q2 FY22, says VP. With an eye on the upcoming Onam season, Tata Motors, a home-grown automaker, plans to increase its sales in Kerala by 40 per cent in the second quarter of the financial year 2022.

Apple may ship iPhone 14 simultaneously from India, China factories. Tech giant Apple is likely planning to ship its next-generation iPhone 14 simultaneously from factories in China and India, a prominent analyst said on Friday.

Mahindra & Mahindra Q1 consolidated profit jumps to Rs 2,360.70 cr. Mahindra & Mahindra Ltd on Friday reported a consolidated profit after tax of Rs 2,360.70 crore in the first quarter ended June 30, driven by strong performance of its automotive and farm sector segments. The company had posted a consolidated loss after ta

Edtech firms LEAD School, Vedantu lay off nearly 100 workers each. In continuing layoffs at edtech platforms in India, industry leaders Vedantu has asked 100 more employees to go and LEAD has also laid off a similar number of staff in the ongoing funding winter

India's Pine Labs eyes -5 bn in monthly payments from new business. India's Pine Labs is targeting billion to billion in monthly transactions within two years for its new online payments business.

IBS Software to provide passenger service systems for Jet Airways. The Jalan-Kalrock Consortium has selected IBS Software, a Thiruvananthapuram technopark-based SaaS solutions provider to the travel industry globally

Pfizer India Q1 profit falls 83% to Rs 33 crore, revenue down 21%. The drug firm said exceptional items for June quarter comprised Rs 130 crore on account of a voluntary retirement scheme and Rs 6 crore for restructuring to drive business transformation.

Motherson Sumi Wiring India Q1 profit rises to Rs 126 crore, revenue up 50%. During the quarter under review, the company said it has realigned its operations at Bengaluru and Chennai to cater to increased customer requirements.

Tiger Global sells 2.34% stake in Zomato, sells 185 million shares. Tiger Global's Internet Fund VI Pte Ltd had a holding of 5.11 per cent in the online food delivery platform before the sale

Latest stock market News for tomorrow Access previous news reports: 835836837838839840841842843844845846847848849850851852853

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