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NSE share market NEWS tomorrow (03 August, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (03 August, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 August 2022

One 97 was amongst the top gainers, currently trading at 804.55 in NSE with 2.843 times change in volumes and 6.464% change in price. Other gainers included Inox Wind with 4.552% price change and 0.665 times volumes, Cg Power with 3.524% price change and 4.434 times volumes, Solar Industries with 3.156% price change and 0.486 times volumes, and Varun Beverages with 2.949% price change and 0.933 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.

Indus Towers was amongst the top losers, currently trading at 206.45 in NSE with 4.327 times change in volumes and -5.881% change in price. Other losers included Siemens with -4.463% price change and 2.442 times volumes, Yes Bank with -4.082% price change and 0.387 times volumes, Adani Green with -3.987% price change and 1.394 times volumes, and Container Corporation with -3.704% price change and 0.693 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.

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

Adani Green Energy net profit falls 2% to Rs 214 crore in June quarter. Adani Green Energy Limited (AGEL) on Tuesday posted a fall of over 2 per cent in consolidated net profit at Rs 214 crore in the April-June quarter of FY23, due to higher expenses. The consolidated net profit of the company in the year-ago period was at Rs

BharatPe founder Bhavik Koladiya quits, months after Ashneer Grover's exit. According to a media report, Koladiya's departure is due to a disagreement between him and BharatPe as well as the company's Chief Executive Officer Suhail Sameer.

Serum Institute plans pandemic facility to stockpile vax for the world. Adar Poonawalla, CEO and brain behind the new age SII, says in an interaction with Business Standard that by the end of 2021, the company was making 250 million doses a month

CCI approves RIL arm's acquisition of 50.1% stake in Sanmina-SCI India. Sanmina Corporation and RSBVL had inked an agreement in March to create a joint venture through investment in Sanmina's existing Indian entity (Sanmina SCI India)

Axis Bank to acquire over 5% stake in CredAble for Rs 55 crore by September. The bank will acquire 8,921 equity shares, equivalent to 5.09 per cent, of face value of Rs 10 each for Rs 55 crore in CredAble.

Aurobindo Pharma's Andhra unit gets Form 483 with 3 USFDA observations. Aurobindo Pharma on Tuesday said the US health regulator has issued Form 483 with three observations after inspecting its manufacturing facility at Pydibhimavaram in Andhra Pradesh. As per US Food and Drug Administration (USFDA), Form 483 is issued to a fi

Brokerages expect better appetite for Zomato stock after strong Q1. It jumps 20% after a strong Q1 showing; analysts turn bullish indicating an upside of 60%

MGL hikes CNG price by Rs 6/kg, PNG by Rs 4 a unit with immediate effect. The price revision comes amidst rising prices of the natural gas at source both internationally as well as for domestically drilled gas.

Akasa Air to launch daily flights on Chennai-Mumbai route from Sept 15. The airliner as part of pan-India network connectivity, would also add new routes between Ahmedabad and Bengaluru routes from August 23.

SP Group sells entire stake in Jammu highway project to NIIF for 0 mn. SP Jammu Udhampur is the developer for the Jammu-Udhampur highway project under a concession from the National Highways Authority of India on a build-operate-transfer (annuity) basis

SpiceJet clears all dues with AAI, to revert to advance payment mechanism. The Centre-run AAI had in 2020 put SpiceJet on a 'cash and carry' basis as the carrier was unable to clear its previous dues

Competition (Amendment) Bill: How it is looking to change CCI's functioning. Bill proposes to let individual members of the 6-member board to decide on matters for faster disposal of cases

After slow start to 2022, Surat textile industry looks for festive cheer. However, orders have been lower 30% compared with normal between mid-July and early August

Air India to allow pilots to fly till 65 years amid expansion of fleet size. To ensure an adequate number of pilots for its expanding fleet size, Tata Group-owned Air India (AI) has decided to raise their retirement age from 58 to 65

After 5G auction, analysts expect telecom firms to increase rates again. They say tariff could be raised even for 4G services in a bid to increase 5G adoption

Cloud tech helping us to tap global creator economy: Kuku FM Co-founder. As content consumption goes through a churning in India, with the creator economy surpassing all metrics, Kuku FM which is a podcast platform is re-inventing the traditional radio.

LTI to train over 12,000 employees on Microsoft technologies by 2024. Larsen & Toubro Infotech said on Tuesday it plans to train more than 12,000 employees on various Microsoft technologies by 2024. LTI announced the expansion of its collaboration with Microsoft to focus on developing high-value cloud solutions for enterpris

FMCG volumes recover in urban India April-June, decline in rural: Report. Customers buying smaller packs as both traditional kirana shops and modern supermarkets clock business: NielsenIQ

GAIL starts to ration gas as former Gazprom unit cuts supplies: Report. GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom

Spotify premium customers to get separate play, shuffle buttons. Audio streaming service Spotify is completely separating its play and shuffle buttons, however, this feature will only be available for its Premium subscribers.

Apple to drop mask mandates for corporate employees at most locations. Employees at Apple's corporate offices will now have the option of wearing a face mask or not while at work as the tech giant is dropping its mask mandates for corporate employees at "most locations".

HDFC Bank Parivartan signs Rs 107 crore deal with IISc Bengaluru. HDFC Bank Parivartan on Tuesday signed a memorandum of understanding with the Indian Institute of Science, pledging Rs 107.76 crore for construction of Bagchi-Parthasarathy Hospital at IISc Bengaluru. The three wings of the hospital to be supported by the

Godrej Properties MD Mohit Malhotra resigns; Gaurav Pandey to be new chief. Realty firm Godrej Properties' MD and CEO Mohit Malhotra has resigned from the company, and Gaurav Pandey will succeed him with effect from January 1 next year

Shapoorji Pallonji sells entire stake in Jammu-Udhampur highway to NIIF. Contract for the project, which connects with Mata Vaishno Devi shrine, allowed the firm to collect a semi-annual sum for 20 years

Godrej Properties Q1 profit nearly triples to Rs 46 cr; bookings up 5 times. Gaurav Pandey will become the new MD and CEO of the Mumbai-based developer from January 1 next year.

Wheels India reports 6% rise in Q1 net profit as CV demand rises. Senior executive says 'early signs of slowdown in global economy'

Adani says will use 5G spectrum to support data centres, businesses. Richest Indian Gautam Adani's group said the Rs 2.12 bn worth of spectrum it has bought in a millimetre wave band will be used to create a private network to support its businesses and data centres

BP boosts dividend after Q2 profit hits 14-year high of .45 bn. BP boosts dividend by 10%; BP to boost spending on oil and gas, CEO says; profits driven by strong oil trading, hit by LNG

Bank of India's Q1 profit declines 22% to Rs 561 cr as provisions rise. Fall in non-interest income, rise in bad loan provisions drag down company's net

Indian Oil targets green hydrogen meeting 10% of requirements by 2030. Indian Oil Corporation (IOC) is targeting to replace at least a tenth of its current fossil-fuel-based hydrogen at its refineries with carbon-free green hydrogen as part of a decarbonization drive

Maruti Suzuki could not produce 51k units due to chip shortage in Q1: CFO. The country's largest carmaker, which sold a total of 4,67,931 vehicles during the June quarter, noted that the semiconductor shortage is a challenge in planning its production activities.

Zomato, Blinkit to cross-leverage customer bases soon: Deepinder Goyal. Tech integrations between the two companies will accelerate the pace of progress at both ends, he added.

Top headlines: Rupee jumps 41 paise; 8th monkeypox case detected in India. Business Standard brings you top news of the day

Arvind Ltd posts Rs 101.62 cr profit for April-June; net sales up 64%. Shares of Arvind Ltd were trading at Rs 100 on BSE, up 8.28 per cent from the previous close

Cement firms to see lowest operating margins in seven years: ICRA. In FY23, the volume for the cement industry is expected to grow by 7-8 per cent to around 388 million metric tonne

Ronnie Screwvala-led upGrad taps Bharat to help learners get govt jobs. upGrad is planning to expand its operations in rural India with various programmes including upskilling the talent present there for job opportunities in the private sector

TVS Motor sales rise 13% in July to 314,639 units. TVS Motor Company on Monday reported a 13 per cent increase in total sales at 3,14,639 units in July. The company had posted a total sales of 2,78,855 units in the same month last year, TVS Motor Company said in a statement. Total two-wheelers sales were u

5G spectrum auction: Jio top bidder with Rs 88,078-cr bid, says govt. Jio acquired 24,740 MHz spectrum, Airtel made a successful bid of Rs 43,084 cr, Vodafone Idea bought spectrum for Rs 18,784 cr, says Telecom Minister Ashwini Vaishnaw

Tata Motors' shares climb nearly 7% post 51% jump in July sales. Shares of Tata Motors on Monday jumped nearly 7 per cent after the firm reported a 51.12 per cent increase in total sales last month. The stock advanced 6.58 per cent to end at Rs 479.25 apiece on the BSE. During the day, it jumped 6.94 per cent to Rs 480.

Zomato Q1 results: Net loss narrows to Rs 186 cr; revenue rises 68%. The company saw an increase in orders for restaurant meals on its platform in the June quarter

Alibaba striving to maintain US listing amid SEC's delisting fears. Chinese e-commerce firm Alibaba said on Monday that it wants to keep its shares listed in both New York and Hong Kong, days after US regulators included it in a list of companies that may be delisted

Air India CMD asks its operations control centre to cut flight delays. Air India's newly appointed CMD Campbell Wilson has asked the airline's integrated operations control centre (IOCC), which is the "nerve centre" of any carrier, to report directly to him

CARE Hospitals buy majority stake in United CIIGMA for around Rs 400 cr. The investment will allow CARE to have a presence in three Maharashtra cities. CARE's network spans 17 healthcare facilities in eight cities and six states of the country.

Latest stock market News for tomorrow Access previous news reports: 838839840841842843844845846847848849850851852853854855856

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