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

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

Mahindra Mahindra was amongst the top gainers, currently trading at 1138.10 in NSE with 1 times change in volumes and 0% change in price. Other gainers included Bajaj Auto with 0% price change and 1 times volumes, Zydus Lifesciences with 0% price change and 1 times volumes, Yes Bank with 0% price change and 1 times volumes, and Wipro with 0% price change and 1 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.

Mahindra Mahindra was amongst the top losers, currently trading at 1138.10 in NSE with 1 times change in volumes and 0% change in price. Other losers included Bajaj Auto with 0% price change and 1 times volumes, Zydus Lifesciences with 0% price change and 1 times volumes, Yes Bank with 0% price change and 1 times volumes, and Wipro with 0% price change and 1 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.

DHFL scam: F N Souza, Raza's paintings among Rs 12-cr assets seized by CBI. The CBI has recovered paintings of Indian maestros FN Souza and SH Raza worth Rs 5.50 crore during a fresh round of searches related to India's biggest bank fraud involving DHFL, officials said. SH Raza's 1956 oil-on-canvas painting titled 'Village' worth

Bajaj Finserv shares jump 10% after June earnings; mcap climbs Rs 21,681 cr. Shares of Bajaj Finserv on Thursday zoomed over 10 per cent after the company reported a 57 per cent jump in net profit in the June quarter. The stock rallied 10.14 per cent to Rs 14,652.30 apiece on the BSE. During the day, it climbed 11.08 per cent to Rs

SBI Card net profit more than doubles to Rs 627 crore in June quarter. SBI card shares of the lender were trading 4.2 per cent higher than the previous day's close at Rs 926.1

PriceLabs raises mn from Summit Partners, plans to accelerate hiring. PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Shell smashes record again with .5-bn Q2 profit, announces -bn buyback. Refining margins triple in second quarter; strong gas and power trading lift profits

5G spectrum auction stretches to 4th day; Rs 1.49-trn bids received so far. Telecom Minister Ashwini Vaishnaw on Thursday said 16 rounds of bidding have been completed in three days

Strong India growth boosts DRL Q1 profit by 108% to Rs 1,188 crore. The DRL stock was down marginally (0.73 per cent) to Rs 4,254 on the BSE on Thursday

PNB HFC Q1 net down 3% YoY, corporate loan pre-payments hit income. Disbursements during reporting quarter almost doubled to Rs 3,451 crore compared to Rs 1,759 crore in Q1FY22

Received 'quite a number of bids' for Sterlite Copper unit: Vedanta CEO. Diversified natural resources company Vedanta on Thursday said it has received "quite a number of bids" for its Sterlite Copper unit in Tamil Nadu, and is in the process of evaluating them

ReNew to invest billion to set up green hydrogen plant in Egypt. ReNew joins several Indian companies tapping the prospects in green hydrogen, which is considered crucial to decarbonise hard-to-abate heavy industries

PNB Q1 net profit falls 70% to Rs 308 crore, asset quality improves. The gross NPAs declined to 11.2% of the gross advances by June 2022 from 14.33% a year ago. It was at 11.78% as of March 2022

Shriram Transport's Q1 net profit surges four-fold to Rs 965 crore. STFC's total assets under management by the end of the quarter stood at Rs 130,688.86 crore, against Rs 119,301.37 crore a year ago

SBI Life's net profit rises 18% YoY to Rs 263 crore in June quarter. Its VNB margins - a measure of profitability of life insurers - stood at 30.4 per cent, against 23.7 per cent in the year-ago period

SpiceJet says airplane aborted Mumbai takeoff due to caution alert. A SpiceJet Q400 aircraft scheduled to fly from Mumbai to Kandla aborted take off 'owing to illumination of a caution alert', the airline said in a statement

TVS Motor back in black, Q1 consolidated net profit zooms to Rs 305 crore. Motorcycle sales registered 4.34 lakh units against 4.05 lakh units in the quarter ended June 2021.

FMCG companies see strong growth in premium items: Kantar report. The report also said that small packs helped premium segments grow because aspirational buyers were willing to explore and try new brands

Vedanta sees QoQ fall in profit and revenue; stock ends in the green. Vedanta's consolidated net debt stood at Rs 26,799 crore in the June quarter, against Rs 24,414 crore for the quarter ended March 2022

Tata Neu CTO quits four months after launch to join 'global role'. According to company officials, its been 10-days since Sauvik Banerjjee has moved out of his role

Religare Finvest fund reroute: Sebi slaps Rs 60-cr fine on Singh brothers. The case relates to alleged siphoning of Rs 2,315 crore from RFL to benefit promoters and connected entities

BofA Securities Europe SA offloads Delta Corp shares worth Rs 31 crore. The shares of the company were disposed of at an average price of Rs 192.56 apiece, valuing the transaction size at Rs 30.91 crore.

Markets surge after Fed signals slower rate hikes; Sensex up over 1,000 pts. Four-fifths of the Sensex constituents ended with gains. Bajaj Finance rose 10.7 per cent and was the best-performing index stock

Telecom industry has come a long way in 5G advancements: Ashwini Vaishnaw. Announcing the sixth edition of the India Mobile Congress (IMC) 2022, he said that the industry has emerged to become a sunrise industry in India and a benchmark for the world.

5G spectrum auction enters Day 4 as telcos up the game in Uttar Pradesh. At the end of day three and 16 rounds of bidding, there was no action in any frequency band other than 1800 MHz (used for 2G and 4G) in UP East

PNB net profit drops 70% YoY to Rs 308 crore in April-June quarter. The state-owned lender had reported a Rs 1,023 crore profit in April-June 2021 on account of healthy cash recovery and upgrade of Rs 8,270 crore

Ola Electric to locally make battery cells under Centre's PLI scheme. Ola Electric is investing about 0 million for setting up its battery innovation centre (BIC) in Bengaluru

Hudco board approve to raise up to Rs 22,000 crore through bonds. State-owned HUDCO on Thursday said its board has approved the proposal to raise up to Rs 22,000 crore through bonds and debentures to finance affordable housing and urban infrastructure projects. The board of Housing & Urban Development Corporation Ltd (HU

Meta crosses billion annual revenue run rate for Reels ads: Zuckerberg. Meta has crossed a billion annual revenue run rate for ads on its TikTok rival short-video making platform Reels, Mark Zuckerberg has revealed.

Sales, debt reduction shape strong outlook for Macrotech Developers. Realty company on track to meet FY23 target of Rs 11,500 crore in bookings

Cognizant Q2 profit up 12.7% at 7 mn, lowers revenue guidance. IT services firm puts revenue at .9 bn, up 9.5 per cent on a year-on-year basis

Facebook owner Meta reports first ever revenue decline, income falls by 36%. Facebook and Instagram's parent company Meta reported its first-ever yearly decline in revenue for the second quarter, announcing a 1 per cent drop to USD 28.8 billion

Child, maternity products marketplace Nestery raises Rs 6 cr in funding. Start-up will use the funds to expand team, improve technology and generate original content

Nestle India Q2 net profit falls 4.3% to Rs 515.34 cr, net sales up 15.7%. FMCG major Nestle India Ltd on Thursday reported a decline of 4.31 per cent in its net profit at Rs 515.34 crore for the second quarter ended June 30, 2022

Meta will steadily reduce headcount growth over next year: Zuckerberg. As Big Tech companies lay off employees and freeze new hirings, Meta Founder and CEO Mark Zuckerberg has said that the company's plan is to steadily reduce headcount growth over the next year

Bajaj Finance sees best day in over 1.5 years as profit more than doubles. Shares of Bajaj Finance jumped as much as 9 per cent on Thursday, their biggest intraday gain since November 2020

Nestle India net profit declines 4.3% to Rs 515.3 cr in April-June qtr. Nestle India, which makes Maggi noodles, KitKat chocolate, sees 'early signs of softening' in sale of some commodities

AM/NS India Ebitda declines 39.9% in June quarter on lower shipments. Reports steel shipments of 1.51 MT in quarter, compared with 1.72 MT a year ago and 1.73 MT in previous quarter

Samsung logs .5 billion profit on server chips; market uncertainties loom. Samsung Electronics on Thursday reported its second-quarter net profit of .5 billion, up 15.2 per cent from a year earlier, on the back of robust demand for server chips.

At Rs 123 cr, HCL's Vijayakumar is the highest paid CEO in Indian IT sector. HCL Tech, in its annual report, said that it provided a remuneration of Rs 123 crore to its chief executive officer (CEO) C. Vijaykumar last year, making him the highest-paid Indian CEO right now

ONGC, partners to splash $ 6.2 billion on green energy projects. ONGC and its partners will invest $ 6.2 billion in green energy projects to produce carbon-free hydrogen and green ammonia as part of an ambitious decarbonization drive, officials said.

Nestle India to acquire pet foods business of Purina Petcare for Rs 124 cr. FMCG major Nestle on Thursday said it will acquire the pet foods business of Purina Petcare India for Rs 123.5 crore, providing Nestle an access to the fast-growing business in the country

Shree Cement Q1 net profit falls 56% to Rs 279 cr; revenue rises 21%. Shree Cement Ltd on Thursday reported a decline of 55.8 per cent in its consolidated net profit to Rs 278.86 crore for the first quarter ended June 30. The company had posted a net profit of Rs 630.89 crore in the April-June period a year ago, Shree Cement

Vedanta Q1 net profit rises 6% to Rs 5,592 cr; revenue jumps 36%. On Thursday, the company's scrip on BSE closed trading 0.8% higher at Rs 245.50

Bajaj Finserv Q1 net jumps 57% to Rs 1,309 cr; total income rises 14%. Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.

IL&FS sells 2 firms in energy business for Rs 77.5 cr to reduce debt. IEDCL sold 27.75 per cent of its stake in Urjankur Nidhi Trust, where Maharashtra Energy Development Agency has a 50 per cent stake and Shree Datta Shetkari Sakhar Karkhana Ltd holds 22.25 per cent.

Dr Reddy's Q1 PAT soars 108% to Rs 1,188 cr; revenue rises 6%. Other operating income was at Rs 600 crore compared to Rs 50 crore in Q FY22

Nestle raises growth outlook for '22, eyes consumer reaction to price hikes. Nestle warned on Thursday that price hikes could eventually weigh on sales volumes for the maker of Cheerios cereals, Kit Kat bars and Nescafe as it raised its full-year sales growth forecast to 7-8%

Mylab, firm that makes kits to detect Covid, starts pathology test facility. "We are now getting to 'wet' pathology tests like blood tests etc and we have set up a centre which will have minimal human intervention and maximum automation

Dr Lal PathLabs Q1 net profit dips 57% to Rs 58 cr; revenue falls 17%. Diagnostic services provider Dr Lal Path Labs on Thursday said its consolidated net profit declined 57 per cent to Rs 58 crore for the first quarter ended June 30

Jubilant FoodWorks' Q1 net profit rises 63% to Rs 113 cr; revenue up 41%. Jubilant FoodWorks, operator of Domino's Pizza and Dunkin' Donuts, on Thursday reported a 63.01 per cent increase in its consolidated net profit at Rs 112.58 crore in the April-June quarter.

M&M Finance posts net profit of Rs 240 cr in Q1; total income rises 14%. Mahindra & Mahindra Financial Services on Thursday reported a consolidated net profit of Rs 240 crore for June quarter aided by fall in expenses and higher income from business operations. The company had posted a net loss of Rs 1,573.40 crore in April-Jun

Parle Products remains most chosen FMCG brand for 10 years in a row: Report. The number of brands growing in terms of CRP improved in 2021 (70 per cent), over 2020 (56 per cent)

TVS Motor posts net profit of Rs 297 cr in Q1; total income rises 57%. TVS said it recorded the highest two-wheeler exports of 296,000 units in the first quarter compared to 290,000 units a year ago

Top headlines: Dr Reddy's Q1 PAT up 108%; Adani Capital IPO likely in 2024. Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies.

Paytm CEO, unfazed by IPO fiasco, chases -bn goal by FY23-end. The digital-payments provider is set to become India's first internet company to hit billion in annual revenue by the end of this fiscal year in March, says Vijay Shekhar Sharma

Maruti Suzuki reports over two-fold rise in Q1 net profit at Rs 1,013 cr. It sold a total of 467,931 vehicles during the quarter, with exports being the highest ever at 69,437 units

Union Cabinet approves BSNL revival plan worth Rs 1.64 trillion. BSNL has been saddled with steep losses (over Rs 50,000 crore in the past five years) and obsolete technology, resulting in a decline in revenues and customers

'Cadbury Gems' versus 'James Bond': Delhi HC rules in favour of Cadbury. Justice Prathiba M Singh told an Indian company on Tuesday to pay Rs 16 lakh damages to British chocolate company Cadbury for infringing the Cadbury Gems trademark

MapMyIndia launches 360 degree panaromic street view 'Mappls RealView'. MapmyIndia has already made live a part of its repository - covering nearly 100,000 kilometres across hundreds of cities and highways for free for consumers

Colgate-Palmolive India's net profit declines 7.2% in April-June quarter. The company's PBIDT stood at Rs 327.9 crore in the quarter ended June, down 9 per cent compared to last year

CG Power and Industrial Solutions Q1 net profit jumps 138% to Rs 130 crore. The company had reported a consolidated net profit of Rs 54.58 crore in the quarter ended on June 30, 2021, a BSE filing said

Hindustan Aeronautics signs 0-mn deal with Honeywell for trainer engines. The IAF, which currently imparts basic training to army and navy pilots in addition to its own, calculates that it needs 181 basic trainer aircraft

Tata Steel signs MoU with start-up for drone-based mining solutions. Tata Steel will also work jointly with AUS to provide exclusive drone-based solutions, including mine analytics and geo-technical mapping, to Tata Steel group companies

Ikea India increases prices of some products as inflation bites. 'We have done some adjustments where it's possible, and we have protected (price points) to be affordable at lower prices'

Isro earns 9 million in foreign exchange through satellite launches. ISRO in association with its commercial arms has successfully launched 345 foreign satellites from 34 countries on-board Polar Satellite Launch Vehicle (PSLV)

DGCA orders SpiceJet to operate only half of its flights for 8 weeks. DGCA issues diktat after a series of incidents cause safety concern

Google's parent company Alphabet reports weaker earnings, revenue. Alphabet, the parent company of Google, has reported weaker-than-expected earnings and revenue for the April-June period (Q2). The company reported solid growth in its Search business

Equity management firm Qapita acquires ESOP Direct in all cash-deal. Pune-based ESOP Direct provides solutions in equity compensation

Maruti Suzuki logs Q1 profit of Rs 1,013 cr; clocks highest-ever exports. The company's Q1 numbers missed Street estimates as far as net profit is concerned. Analysts had pegged PAT growth between 200 and 300 per cent on year

5 PSUs to set up manufacturing units to increase coal gasification capacity. Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness

Zomato allots shares worth Rs 200 crore to staff at Re 1 face value. Zomato, which is going through its worst phase at Dalal Street, has allotted nearly 4.66 crore shares to its employees from its employee stock option plan (ESOP) pool at the face value of Rs 1

Interest in pricey 700MHz band means enhanced 5G indoor coverage. The costliest 700 MHz band is ideal for coverage in high-density areas and deep data networks

Bajaj Finance Q1 results: Net profit surges 159% to Rs 2,596 cr. The company's assets under management grew by 28% to Rs 2.04 trillion as of June 30, 2022

Spotify's quarterly revenue, user growth beats expectations in Q2. Premium subscribers, which account for most of the company's revenue, rose to 188 million, beating analysts' expectations of 187 million

Tata Motors' Q1 loss widens to Rs 5,007 cr; revenue rises 8%. 'We expect demand to remain strong despite worries on inflation and geo-political risks while the supply situation is expected to improve further,' says the company

Cabinet approves Rs 1.64-trn package for revival of BSNL: Vaishnaw. To de-stress the telco's balance sheet, Rs 33,000 cr statutory dues will be converted into equity and a similar amount of bank loans will be repaid through the issue of low-interest bonds

'Absolutely no impact on flight ops': SpiceJet after DGCA cuts 50% flights. On July 6, the DGCA issued a show-cause notice to SpiceJet following at least eight incidents of technical malfunction in its aircraft since June 19

HAL signs contract worth over 0 mn with Honeywell for HTT-40 engines. The Hindustan Aeronautics Limited (HAL) on Wednesday signed a contract worth over USD 100 million with Honeywell for supply and manufacture of 88 TPE331-12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (H

Cost for data breaches averaged Rs 17.6 cr in 2022, highest ever: IBM study. Industrial companies paid most for cyberattacks as 'threat magnitude' grows

Blue Dart Express profit rises over three-fold to Rs 119 cr in April-June. Logistics service provider Blue Dart Express on Wednesday reported more than three-fold jump in consolidated profit after tax at Rs 118.79 crore in April-June 2022 quarter over the same period

Bajaj Finance shares climb over 2% after co reports 159% jump in Q1 profit. Shares of Bajaj Finance on Wednesday went up by over 2 per cent after the company reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter.

Cabinet approves BPCL unit's .6-bn investment plan in Brazil. The CCEA, chaired by PM Modi, has approved additional investment by Bharat PetroResources Ltd, a wholly-owned subsidiary of BPCL, for the development of the BM-SEAL-11 Concession Project in Brazil

Confluent's Neha Narkhede enters Hurun's ten richest Indian women list. Confluent head India's wealthiest new entrant in Hurun rankings, Roshni Nadar Malhotra tops second year in a row

Paytm says data 'safe' after report of cyber breach affecting 3.4 mn users. After cyber-security company Firefox Monitor claimed that Paytm suffered a massive data breach two years back that may have exposed data of over 3.4 million users, Paytm said that all data is 'secure'

5G spectrum auction extends to Day 3; govt receives Rs 1.49-trn bids so far. Though details of the bids are not announced as yet, ICICI Securities said its analysis shows that Jio has likely bid for the highest spectrum worth Rs 80,100 crore

Transport union protests Dunzo 'warning to riders' about supporting strikes. A Dunzo spokesperson said that the company is looking into the matter

Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr. Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close

Boeing surprises with positive cash flow in Q2 but misses estimates. Boeing Co. reported a 3 million profit for shareholders in the second quarter, but the results fell short of Wall Street targets for earnings and revenue as its defense business weakened

Hero MotoCorp selects Accenture to enhance supply chain, reduce costs. Accenture will use its zero-based supply chain approach to facilitate Hero MotoCorp's cost optimisation efforts

Poonawalla Fincorp's consolidated Q1 net profit up 118% to Rs 141 crore. Poonawalla Fincorp's NIMs were up by 155 basis points YoY to 9.5 per cent

IT companies' margins decline to decade-low of 23.2% in June quarter. Wipro, Tech Mahindra see double-digit decline in net profit

Biocon net profit rises 71% to Rs 144 cr in June quarter; revenue rises 23%. Biotechnology major Biocon on Wednesday reported a 71 per cent increase in consolidated net profit at Rs 144 crore for the June quarter on the back of robust growth across business verticals. The company had posted a net profit of Rs 84 crore in the April-

Mahindra Lifespaces' chairman Arun Nanda retires, successor named. Nanda joined the Mahindra Group in 1973 and has held several important positions within the group over the years

Titagarh Wagons to invest Rs 1,000 cr in 3-5 yrs for capacity building. Titagarh Wagons is looking to invest close to Rs 1,000 crore over the next three to five years for capacity building in the manufacturing of wagons, coaches and foundry

Tata Motors' Q1 loss widens to Rs 5,007 cr amid chip woes, China lockdown. Losses at the UK subsidiary widened to £482 million, from £286 million, as JLR retail sales fell 37 per cent to 78,825 units from the year-ago quarter

United Breweries' Q1 net profit rises to Rs 162.5 cr on volume growth. Beer maker United Breweries Ltd on Wednesday reported a five-fold jump in its consolidated net profit to Rs 162.50 crore in the June quarter, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing company Heineken NV,

Coca-Cola India, bottling partners investing bn to expand capacity. Coca-Cola India and its bottling partners are investing around USD 1 billion (around Rs 7,990 crore) to expand the production capacity by up to 40 per cent, an official of the beverage major said

Shriram City Union Finance posts 61 per cent rise in Q1 net profit. Assets Under Management (AUM) increased by 21 per cent to Rs 40,414 crore as against Rs 33,509 crore during the same time last financial year

Ford India sets Aug 10 deadline for employees to conclude severance talks. Ford India had increased its offer from 87 days to 124 days of average equivalent wages per completed years of service

'Best-ever quarter volumetrically': Coca-Cola on growth in India in Q2. In the second quarter, Coca-Cola Company's sparkling soft drinks grew 8 per cent, which was "primarily led by India, Mexico and Brazil", said the Atlanta-headquartered firm

Unilever hikes prices for products due to inflation, expects strong sales. The challenges of inflation persist and the global macroeconomic outlook is uncertain, but we remain intensely focused on operational excellence and delivery in 2022 and beyond, CEO Alan Jope said.

Latest stock market News for tomorrow Access previous news reports: 842843844845846847848849850851852853854855856857858859860

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