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NSE share market NEWS tomorrow (04 August, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (04 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 04 August 2022

Apl Apollo was amongst the top gainers, currently trading at 1052.80 in NSE with 5.602 times change in volumes and 7.451% change in price. Other gainers included Kei Industries with 7.005% price change and 5.606 times volumes, Solar Industries with 6.875% price change and 3.735 times volumes, Varun Beverages with 6.487% price change and 1.461 times volumes, and Kalyan Jewellers with 5.714% price change and 20.443 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.

Macrotech Developers was amongst the top losers, currently trading at 1037.25 in NSE with 33.719 times change in volumes and -6.118% change in price. Other losers included Angel One with -4.562% price change and 2.054 times volumes, Idea Cellular with -3.846% price change and 2.174 times volumes, Lic Housing with -3.452% price change and 2.475 times volumes, and Amber Enterprises with -3.243% price change and 1.037 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.

RBL signs franchise pact with Balenciaga to introduce the brand to India. With this long-term franchise agreement, RBL will be Balenciaga's sole India partner to launch the brand in the country

'Post-auction spectrum harmonisation process done; allocation by Aug 12'. Within days of conducting 5G auctions, the government has completed the spectrum 'harmonisation' process, paving the way for players' holdings to be streamlined within a band for greater efficiency

Adani Enterprises Q1 results: Net profit rises 73% to Rs 469 cr. The company's consolidated revenue from operations surged 225% to Rs 40,844 cr

Alibaba revenue beats in June qtr despite flat growth due to Covid lockdown. Alibaba Group Holding Ltd, on Thursday beat market expectations for revenue in the quarter ending late June, even though growth was flat for the first time ever due to the impact of COVID-19 lockdown.

Sebi orders forensic audit of FRL's financial statements of last 3 years. Future Group owes its 26 lenders over Rs 15,000 crore

Blue Star Q1 net profit soars 470% to Rs 74 cr; revenue rises 87%. Air conditioning and commercial refrigeration maker Blue Star Ltd on Thursday saw its consolidated net profit jump to Rs 74.35 crore in the June quarter on higher demand. The company had posted a consolidated net profit of Rs 12.71 crore in the April-June

LIC Housing Finance's PAT surges over 500% to Rs 925 cr in Q1FY23. LIC Housing Finance Ltd's net profit rose sharply by 503 per cent year-on-year to Rs 925.48 crore on back of uptick in net interest income, as against Rs 153.44 crore in the same quarter last year.

SpiceJet flights to be reinstated gradually if...: DGCA chief explains how. Arun Kumar said SpiceJet will be permitted to reinstate its capacity but in a gradual manner and once it demonstrates it has fixed the manpower and spare part shortages

Reliance Brands inks pact to introduce luxury brand Balenciaga in India. With this agreement, Reliance Brands will be Balenciaga's sole India partner to launch the brand in the country

BHEL Q1 net loss narrows to Rs 188 cr; total income rises 60%. State-owned Bharat Heavy Electricals Limited (BHEL) on Thursday reported narrowing of its consolidated net loss to Rs 187.99 crore for the quarter ended June 30, 2022. The consolidated net loss of the company stood at Rs 448.20 crore in the year-ago period

Slow despatch pulls down passenger vehicle retail sales by 5% in July: FADA. Dragged down by two-wheelers, overall retail falls 8%

Indigo introduces three-way exit for flyers, saving turnaround time. IndiGo under Ramdas has been using ramps instead of step ladders from Day One, which makes the boarding and deboarding faster

Spandana Sphoorty posts net loss of Rs 220 crore for June quarter. Rural focussed micro-lender Spandana Sphoorty Financial on Thursday reported a net loss of Rs 220 crore for the quarter ended June 2022, mainly on account of a one-time write-off.

Lupin reports Q1 net loss at Rs 89 cr on lower US sales; revenue falls 12%. 'Our numbers are muted this quarter, but we expect a strong bounce back from Q2 onwards,' says Lupin MD

Britannia Industries to continue raising prices in Q2 amid high inflation. Between the April-June and July-September quarters of FY23, the biscuit major will take a price hike between 6 per cent and 7 per cent

Xiaomi leads market with 20% share, Samsung in 5G phones in Apr-Jun: Report. Chinese smartphone company Xiaomi led the Indian smartphone market during the April-June 2022 period despite a 22 per cent decline in its sales volume, a Cyber Media Research (CMR) report said

DGCA deregisters three SpiceJet aircraft after lessor puts in request. The DGCA deregistered three SpiceJet aircraft on Thursday, five days after their lessor Dubai Aerospace Enterprise (DAE) asked the aviation regulator for it, sources said. Moreover, the Directorate General of Civil Aviation (DGCA) is expected to deregister

DLF mulls auction bid for New Delhi mall with base price of 6 mn: Report. DLF will review data related to the mall's occupancy status and contractual obligations and then consider whether to bid for it or not, one of the sources with direct knowledge said on Thursday

5G services may come with a premium: Vodafone Idea CEO Ravinder Takkar. However, customers could get a higher data bundle along with pricier plans

Rs 1 lakh fine on Amazon for selling sub-standard pressure cookers. The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on e-commerce major Amazon for selling pressure cookers which did not meet quality norms

Over Rs 2,000-cr M&As may come under Competition Commission's purview. Amendments likely in 20-year-old Competition law

IT ministry to conduct quarterly audit of compliance by social media firms. At present, social media platforms are required to disclose their compliance with IT rules 2021 every month where they disclose action taken by them in response to various grievances

Adani Group to acquire Macquarie road portfolio for Rs 3,110 crore. The portfolio of 972 lane km has a long concession life with established traffic in strategically located and important traffic corridors in western and southern India

CCPA imposes fine on Amazon for selling sub-standard pressure cookers. After examination of the response submitted by the company, it was observed that a total 2,265 pressure cookers not conforming to mandatory standards were sold through Amazon

What is keeping Adar Poonawalla busy these days?. Adar Poonawalla has taken Indian vaccines to the US and European markets. In an interview with Business Standard's Sohini Das, he tells about his plans for mass production of vaccines and more

July vehicle registrations fall 8% as rains, inflation hurt demand: FADA. Two-wheeler, tractor sales contract as people put off making expensive purchases before festival season in August

GAIL Q1 net profit rises 51% to Rs 2,157 cr on marketing margin boost. The margin on gas marketing made up for a 12.5% decline in earnings from the gas transportation business and a 74% drop in petrochemicals earnings

IndiGo to add a third ramp to help passengers get off from planes faster. IndiGo on Thursday announced it would disembark passengers from three doors of the plane, allowing the flyers to quickly get off the aircraft.

Sebi to auction properties of Sumangal Industries, GSHP Realtech on Aug 25. Markets regulator Sebi said it will auction properties of two companies -- Sumangal Industries and GSHP Realtech Ltd -on August 25, to recover money that was illegally raised from investors

Kalyan Jewellers posts Q1 consolidated PAT at Rs 108 cr; revenue jumps 104%. Jewellery retailer Kalyan Jewellers India on Thursday reported a consolidated profit after tax (PAT) of Rs 107.77 crore for the quarter ended June

Adani signs agreement with Israel agency for access to technology. Collaboration will give Indian group access to latest know-how in 5G, cyber, AI

Dabur Q1 profit marginally rises to Rs 441 cr amid inflationary headwinds. The FMCG major's revenue from operations rose 8% to Rs 2,822 cr

Bullish on 5G, will launch sub-Rs 15,000 smartphone devices: Xiaomi. Says the average selling price of its 5G-enabled devices has come down to below Rs 20,000

Engineering company Fabrication Bazar raises Rs 7 cr in seed round. Fabrication Bazar, which was founded in 2016 by Dwaipayan Dutta and Mohit Garg, has developed a cloud fabrication and tracking platform for manufacturing

Balrampur Chini Mills Q1 profit down 84% to Rs 12 cr; total income falls 4%. Balrampur Chini Mills Ltd on Thursday reported 84 per cent fall in consolidated net profit at Rs 12.38 crore for the quarter ended June. Its net profit stood at Rs 76.92 crore in the year-ago period. Total income fell to Rs 1,094.58 crore in the quarter fr

Britannia Industries net profit falls 13% to Rs 336 cr; revenue rises 9%. However, its total revenue from operations increased 8.74%t to Rs 3,700.96 cr during the quarter under review

Glencore shareholders get .5-bn windfall as coal prices soar. Company to pay out bn in share buyback, also promises .45-bn special dividend; adjusted EBITDA more than doubles to .92 bn

Adani unit to buy some of Macquarie Asia's India toll roads for Rs 3,110 cr. Adani Road Transport will acquire 56.8% stake in Gujarat toll roads portfolio and 100% stake in Andhra Pradesh toll roads portfolio

Top headlines: BoE raises rates by most since 1995; GAIL Q1 net up 51%. GAIL (India) Ltd, the nation's largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing

L&T Group aims Rs 2.7 trillion revenue by FY26: Chairman A M Naik. Infrastructure major Larsen and Toubro (L&T) Group is targeting Rs 2.7 lakh crore revenue by financial year 2025-26, its Chairman A M Naik said on Thursday. "We are targeting group revenues of Rs 2,70,000 crore...by FY26. The group recorded revenues of Rs

Q1 report card: IndiGo revenue soars 328% to Rs 12,855 crore; loss narrows. High fuel prices, weak rupee keep bottom line under pressure

Adani Power logs 16x rise in Q1 net, revenue rises 109% to Rs 13,723 crore. The company's consolidated revenue from operations rose 109 per cent to Rs 13,723 crore compared to Rs 6,569 crore last year

Sun Pharmaceutical Industries Chairman Israel Makov to retire on Aug 29. Makov is retiring upon the completion of his current term post the company's Annual General Meeting after having led the Mumbai-based company for ten years

BSE Q1 net profit declines 23% to Rs 40 cr; revenue rises 6% to Rs 198 cr. In comparison, the exchange had posted a net profit of Rs 51.9 crore in the year-ago period, BSE said in a statement.

Adani Wilmar's Q1 net profit rises 10% to Rs 194 cr on higher sales. Angshu Mallick, Managing Director and CEO, Adani Wilmar, said the company has continued to demonstrate a steady growth in overall volumes, led by the foods business.

Vodafone Idea Q1 loss marginally narrows to Rs 7,297 cr; ARPU rises 23%. The company's revenue from operations rose 14% to Rs 10,410 cr

Zomato says 'not privy' to shareholders' plan as Uber sells 7.8% stake. After Uber sold its 7.8 per cent stake worth over 0 million in Zomato, the Deepinder Goyal-run company said on Wednesday it is not privy to what its shareholders are doing with their shares.

VECV reports bus sales rising, sees chip crisis easing in 3 months. Company betting on alternate fuels for growth in commercial vehicles sales, says senior executive

Zomato shares close on a flat note after falling sharply in early trade. In morning trade, the stock had slumped 9.62 per cent to Rs 50.25 on the BSE. Later, it recovered most of the lost ground and ended at Rs 55.40 apiece, lower by 0.36 per cent.

LIC breaks into Fortune 500 list, Reliance Industries jumps 51 places. The nation's biggest life insurer with revenue of USD 97.26 billion and a profit of USD 553.8 million, was ranked 98th on the just released Fortune 500 list.

Uber sells entire stake in Zomato; pockets Rs 3,088 cr, makes 2.4x returns. Fidelity Investment Trust Fidelity Series Emerging Markets Fund bought 54.4 mn shares worth Rs 274 cr and ICICI Prudential Mutual Fund bought 45 mn shares worth Rs 226 cr, showed block deal data

Inox Leisure reports Q1 profit of Rs 57 cr on rising footfalls at cinemas. Its revenue from operations during the quarter under review was at Rs 582.26 crore, up multi-fold in comparison to the low base of the corresponding quarter of the previous year

Swiggy announces moonlighting policy that allows employees side gigs. Projects should be outside office hours and must not clash with the food delivery company's business

Airtel gears up for 5G roll-out this month; partners with Ericsson, Nokia. Company ropes in three telecom gear makers to set up 5G networks

Vote against reappointment of Harsh Mariwala: SES to Marico's shareholders. Seeks approval for revision in remuneration payable to Marico's cost auditors

Vodafone Idea's Q1 loss narrows to Rs 7,296 cr, appoints Takkar as chairman. Average revenue per user (ARPU) improved to Rs 128, up 3.2 per cent quarter-on-quarter from Rs 124 in Q4 of FY22. Telecom companies had taken 20 per cent tariff hikes in November 2021

Exponent Energy partners Altigreen to bring rapid charging for electric-CVs. The companies have unveiled an electric three-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes at Exponent's e-pump network

Housing finance companies likely to grow at 10-12% in FY23: Report. The upwards revision of the growth of HFCs was in expectation of a continued improvement in disbursements.

Yubi ties up with U GRO Capital for co-lending and supply chain financing. Through this collaboration, the brands will provide MSMEs with financing of more than Rs 2,000 cr by March 2023

Fintech start-up Credit Fair raises million in debt and equity. Founded in 2018, the company aims to drive financial inclusion by offering customised lending solutions to under-served business and consumer segments

Lenders extend deadline for resolution plan on Reliance Cap for 5th time. Lenders to Reliance Capital Ltd on Wednesday granted the fifth extension of deadline for submission of resolution plans as bidders sought more time to complete the due diligence process, sources said.

Adani Transmission Q1 PAT declines 61% to Rs 168 cr; total income up 11%. Adani Transmission Limited (ATL) on Wednesday reported a consolidated net profit after tax (PAT) of Rs 168.46 crore for the quarter ended June 30. The consolidated PAT of the company in the year-ago period stood at Rs 433.24 crore, according to a regulator

LIC listing pushes up govt ownership in NSE companies to 7.15% in Q1. On the other hand, the share of private promoters declined to 44.33 per cent in June from 45.12 per cent in March.

Weak Q1 cash flows, debt increase a worry for Godrej Properties. This, despite sales bookings and launch pipeline remaining robust

Elon Musk's tech allies miffed about receiving subpoenas from Twitter. Elon Musk's wealthy high tech allies don't seem too happy about receiving subpoenas from Twitter as part of the company's legal battle with the Tesla CEO.

SpiceJet lessor asks India's DGCA to de-register its Boeing aircraft. Alterna Aircraft Ltd, an Ireland-based lessor of budget-airline SpiceJet Ltd, has asked India's aviation regulator to de-register its plane.

Detect Technologies announces agreement with Vedanta to deploy T-Pulse. Detect Technologies announces a global agreement with Vedanta for deployment of T-Pulse, their internationally deployed AI-based workplace safety software.

SpiceJet in discussion with Middle Eastern carrier for possible stake sale. Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a possible stake sale

Uber users in Delhi, NCR can book their rides using Hindi on WhatsApp. Uber users can now avail its services on WhatsApp in both Hindi and English languages

Fintech firm Twid raises mn to expand reward points-based service. Company has more than 40 million registered users and it works with 50,000 merchants

EV firm River gets mn in funding to set up manufacturing plant. Uber and Twitter investor Chris Sacca's fund backs Bengaluru-based company preparing its first electric scooter

PwC India completes acquisition of Venerate Solutions Private Ltd. Venerate builds and deploys customised solutions on the Salesforce platform across multiple clouds including financial services cloud, salesforce marketing cloud, etc

Adani Power Q1 net profit surges 16-fold to Rs 4,780 cr; stock rises 3.5%. The company's consolidated revenue from operations rose 109% to Rs 13,723 cr

Easing raw material costs promising for Indian consumer companies. While reporting a 4.5% fall in second-quarter profit and higher expenses, Nestle India said on July 28 it could see softening of prices in such commodities as edible oil and packaging materials.

Amazon expands partnership with Railways for deliveries in festive season. National transporter enables company to meet delivery promises to customers in the hinterlands

Swiggy allows employees to work outside company to make more money. It said this could encompass activity outside of office hours or on weekends that does not impact their productivity on full-time job or have a conflict of interest with company's business in any way

IndiGo Q1 results: Net loss narrows to Rs 1,064 cr; revenue surges 328%. 'While our financial performance in the second quarter will be challenged by weak seasonality, the long-term revenue trend remains strong,' says airline's CEO

Godrej Consumer Q1 net profit down 17% at Rs 345 cr; revenue up 8%. FMCG major Godrej Consumer Products Ltd (GCPL) on Wednesday reported a 16.56 per cent decline in its consolidated net profit at Rs 345.12 crore for the first quarter ended June 30, 2022, on account of commodity inflation and upfront marketing investments.

PwC India completes acquisition of Salesforce consulting firm Venerate. Venerate, which was founded in 2016 in Bangalore, builds customised solutions on the Salesforce platform across multiple clouds. The solutions help organisations in managing customers and sales

ICICIdirect acquires investor community-based networking platform Multipie. Investment platform ICICIdirect on Wednesday said it has acquired Multipie, a web and app-based networking platform for the investor community, that allows its users to exchange ideas and share views

DRI detects customs duty evasion of Rs 2,217 cr by Vivo Mobile India. 'DRI officers recovered incriminating evidence indicating wilful mis-declaration in the description of certain items imported by M/s Vivo India,' says Ministry of Finance

Top headlines: IndiGo Q1 net loss narrows; rupee plummets 68 paise. Adani Power on Wednesday reported 16-fold jump in consolidated net profit at Rs 4,780 crore for the quarter ending June 30, 2022.

Fintech platform BharatPe appoints Nalin Negi as new CFO amid IPO plans. Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO).

Airtel to start 5G rollout in Aug; inks pacts with Ericsson, Nokia, Samsung. The Sunil Mittal-led firm recently acquired 19,867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz bands, bolstering its spectrum holding.

Adani Group, RIL to set up biogas plants at Rs 500-600 cr investment each. Adani and Reliance Group are planning to set up 40-million tonne per annum (mtpa) plants in Uttar Pradesh and Gujarat, while Reliance Industries is still formalising the two locations

DBS Bank India reports profit after tax of Rs 167 crore in 2021-22. The bank, which is a wholly-owned subsidiary of DBS Bank, acknowledged the lagged effects of its amalgamation with Lakshmi Vilas Bank on its net profit

Maruti couldn't produce 51K units due to chip crunch in June qtr: CFO. The country's largest carmaker, which sold 467,931 vehicles during the June quarter, noted that the semiconductor shortage is a challenge in planning its production activities

Jitendra New EV inks pact with FAE Bikes to supply 12K e-scooters. FAE Bikes will offer these scooters on rent to EV customers

Kotak arm to raise up to Rs 1,500 crore to invest in PE, VC funds. Kotak Investment Advisors (KIAL) said it is launching the Kotak India Alternate Allocation Fund (KIAAF), a 'fund of funds'

Irdai proposes single limit on expenses for non-life insurance firms. According to the exposure draft released by the regulator, non-life insurers cannot spend an amount exceeding 30 per cent of the gross premium written as company expense during a financial year

India's Q1 corporate earnings growth led by BFSI sector: Motilal Oswal. Studying the results of corporates tracked by it, Motilal Oswal said that BFSI sector has driven 124% of the incremental year-on-year (YoY) earnings growth during the 1QFY23 which was largely subdued

Adani group enters industrial 5G spectrum space, to develop super app. The Adani group announced its foray in industrial 5G space after acquiring 400 MHz of spectrum in the 5G airwaves auction that concluded on Monday

Uber likely to exit Zomato on Wednesday; puts entire 7.8% stake on block. Share sale could fetch as much as Rs 3,300 cr

B2B SaaS start-up WebEngage raises mn in Series B funding round. The Series B round also saw participation from family offices of Unmaj Corporation, NB Ventures, Shashwat Nakrani (a co-founder of BharatPe), and Gopal Srinivasan (chairman of TVS Capital) and others

Airbus signs deal with GMR group to provide aircraft maintenance training. The GMR Group will provide the fully integrated aircraft maintenance engineer (AME) licensing programme at the GMR School of Aviation in Hyderabad, said the joint statement.

Private banks reported most data breaches in 2018-22: Parliament told. Attacks caused loss of business and personal data, says junior finance minister

EV firm Komaki launches fire-resistant batteries, available from next month. According to the company, it has introduced lithium-ion ferro phosphate (LiFePO4) batteries in the market, which are more fire-resistant.

ITC exits from lifestyle retailing business after a 'strategic review'. Last month, ITC Chairman Sanjiv Puri said that the company was liquidating some old inventory of the Wills brand left in a few stores and there were no further plans to continue the business.

Centre cites policy to reject union's proposal to merge RINL with SAIL. Public sector undertakings (PSUs) in non-strategic sectors shall be considered for privatisation, or they shall be closed, said Minister of State Finance Bhagwat Karat in Rajya Sabha.

Voltas net profit falls 10.5% to Rs 109 cr; revenue up 55% to Rs 2,768 cr. Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a decline of 10.47 per cent in its consolidated net profit at Rs 109.62 crore in the first quarter ended June 30, 2022

Latest stock market News for tomorrow Access previous news reports: 837838839840841842843844845846847848849850851852853854855

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NSE share market NEWS tomorrow (04 August, 2022). NSE stocks in NEWS (tomorrow)

 

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