NSE share market NEWS tomorrow (22 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (22 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 22 July 2022
Ultratech Cement was amongst the top gainers, currently trading at 6458.70 in NSE with 4.387 times change in volumes and 5.35% change in price. Other gainers included Angel One with 4.405% price change and 2.048 times volumes, Grasim Industries with 3.875% price change and 2.115 times volumes, Aditya Birla with 3.7% price change and 1.936 times volumes, and Cg Power with 3.662% price change and 0.685 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.
Abb Power was amongst the top losers, currently trading at 3170.20 in NSE with 1.153 times change in volumes and -6.143% change in price. Other losers included Syngene Internatio with -4.383% price change and 1.777 times volumes, Delhivery with -4.376% price change and 0.373 times volumes, National Buildings with -2.967% price change and 0.408 times volumes, and Prestige Estates with -2.908% price change and 1.081 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.
Airtel to be at forefront of bringing 5G connectivity to India: Mittal. Bharti Airtel Chairman Sunil Mittal has said that the company will be at the forefront of bringing 5G connectivity to India with a powerful network to support the country's digital-first economy
Fitch downgrades Jubilant Pharma to "BB-" indicating higher default risk. Rating agency foresees firm's financial leverage worsening as a rise in capex will coincide with lower profitability
RIL Q1FY23 results: A look at the company's performance in last 4 quarters. For Q4FY22, the consolidated gross revenue of Reliance Industries (RIL) stood at Rs 2.32 trillion, 35.1 per cent higher than the same quarter in the previous year
Digital lending firms should operate under licence granted: RBI governor. Central bank last month banned the loading of prepaid payment instruments from credit lines
UltraTech Q1 net profit falls 7% to Rs 1,582.02 cr; net sales rise 28%. Aditya Birla group firm UltraTech Cement on Friday reported a decline of 6.94 per cent in its consolidated net profit at Rs 1,582.02 crore in the June 2022 quarter, impacted by inflationary trends. The company had posted a net profit of Rs 1,700.03 crore i
Kia reports 40% jump to 1.88 trn in Q2 profit riding on high-end SUVs. Automaker Kia said on Friday that its second-quarter net profit jumped 40 per cent from a year earlier on an improved product mix and a weak won
Bandhan Bank Q1 net profit doubles to Rs 887 cr due to decline in bad loans. Total income increased to Rs 2,844.1 crore from Rs 2,731 crore. Interest income of the lender jumped to Rs 2,514.4 crore from Rs 2,114.1 crore, Bandhan Bank said in a regulatory filing.
HDFC AMC reports 9% decline in profit to Rs 314 cr in June quarter. HDFC Asset Management Company (AMC) on Friday reported a 9 per cent decline in profit after tax at Rs 314.2 crore in the three months ended June 2022. In comparison, the asset management firm had posted a Profit After Tax (PAT) of Rs 345.4 crore in the yea
UltraTech profit falls 7% due to increased fuel and power costs hit. It still beat Q1 estimates despite decline on both YoY and sequential bases
Reliance Jio Q1FY23 results: Profit increases 23.8% to Rs 4,335 crore. Reliance Q1 PAT is marginally up from the Rs 4,173 crore profit witnessed in Q4 of last fiscal
Crompton Greaves Consumer Electricals net profit up 33% at Rs 125.95 cr. Crompton Greaves Consumer Electricals Ltd on Friday reported a 33 per cent increase in consolidated net profit at Rs 125.95 crore in the first quarter ended June 30, on the back of higher sales
JSW Steel net profit falls 85% in June quarter as expenses increase. JSW Steel on Friday posted over 85 per cent fall in its consolidated net profit at Rs 839 crore during the June 2022 quarter, mainly on account of higher expenses
Delhi HC restrains unauthorised use of Meesho trademarks by rogue websites. DoT and MeitY to issue blocking order for domain names identified by Meesho in suit
Amul bucked Covid blues, launched more than 100 products during lockdown. At a time when other food and beverage (F&B) brands took a hit during the lockdown, Amul was on a product-launching spree.
Twitter sales miss estimates amid Musk's takeover battle; revenue drops 1%. Twitter's analysis show a disappointing sales outcome owing to a raging takeover battle with Elon Musk, with both sides preparing for trial
Sebi to auction 11 properties of Arise Bhoomi Developers on August 26. Sebi on Friday said it will auction properties of Arise Bhoomi Developers and its directors on August 26 for a reserve price of Rs 52.28 crore. The move is a part of Sebi's effort to recover investors' money. Arise Bhoomi Developers had mobilised over Rs 8
Truecaller's India users up 14% at 236 mn in Q2CY22, country sales up 130%. Average number of monthly active users rose by 15% to 321.4 million worldwide
Olectra to supply 300 electric buses worth Rs 500 crore to Telangana. Olectra Greentech Ltd (OLECTRA) will supply 300 electric buses worth Rs 500 crore to Telangana State Road Transport Corporation (TSRTC). The Megha Engineering & Infrastructure Ltd (MEIL) group company, Evey Trans Private Ltd (EVEY), has received the Letter
NTPC board to consider proposal to raise Rs 12,000 cr via NCDs on Jul 29. State-owned power giant NTPC on Friday said its board will consider a proposal to raise up to Rs 12,000 crore through the issuance of non-convertible debentures (NCDs) on July 29.
ED attaches gems, bank deposits worth over Rs 253 cr of Nirav Modi group. The Enforcement Directorate said it attached gems, jewellery and bank deposits worth Rs 253.62 crore of companies linked to fugitive diamond merchant Nirav Modi as part of a money laundering probe.
RIL profit jumps 46.3% in June quarter on higher refining margin. The standalone gross revenue of the company has grown from Rs -- crore in Q1FY22 to Rs -- in Q1FY23
Jhunjhunwala's Akasa Air to take off from August 7; air ticket sales begin. Akasa Air will connect four cities in its first phase of operations, with flights connecting Bengaluru and Kochi beginning on August 13 with two daily flights.
Tariff hike boost helps Reliance Jio log 24% jump in net profit. Jio gained 9.7 million mobile subscribers in the June quarter, after witnessing a decline for three consecutive quarters
Reliance Retail net profit rises 114.2% to Rs 2,061 cr in June quarter. Reliance Retail added 79 warehousing and fulfilment locations in Q1, measuring 3.3 million sq ft of space during the quarter
Panel urges plan to help local vendors build ONDC-compatible technical tool. Says no clarity on ONDC network's liability in case a consumer is delivered substandard products; local businesses will also find it hard to compete with e-commerce giants
RIL Q1 net profit surges 46% YoY to Rs 17,955 crore; revenue jumps 57%. Revenue jumps 57% to highest-ever level of Rs 2.19 trillion
Vodafone Idea elevates Akshaya Moondra as CEO; to replace Ravinder Takkar. Vodafone Idea announced the elevation of present chief financial officer Akshay Moondra as its new chief executive officer with effect from August 19, the company said in a regulatory filing.
Happiest Minds profit rises 58% to Rs 56.34 crore in June quarter. IT company Happiest Minds on Friday posted a 57.7 per cent increase in consolidated profit after tax at Rs 56.34 crore in the June quarter. The company had reported a profit of Rs 35.73 crore in the year-ago period. The consolidated revenues from contracts
Air India offers to compensate staff facing eviction from housing colonies. Unions move Bombay HC to challenge the proposed ejection from colonies in Mumbai
Vodafone Idea's chief financial officer Akshaya Moondra named CEO. Takes over from Ravinder Takkar, whose three-year term ends on August 18
Domino's India may shift business away from Zomato, Swiggy amid CCI probe. Jubilant is India's largest food services company, with more than 1,600 branded restaurant outlets - including 1,567 Domino's and 28 Dunkin outlets
No immunity for e-tailers over fake products sold online: Parliament panel. E-marketplaces have claimed that since inventory is not controlled by them, they should not be liable for any dispute with sellers
HUL MD Mehta, UP CM Adityanath inaugurate detergent unit in UP's Sumerpur. HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre
Ashok Leyland tie up with Adani Capital for strategic financing partnership. Adani Capital will work towards catering to the customers' needs through CV loans with easy monthly repayment plans, best suited for customers
JSW Energy net profit surges 179% to Rs 560 crore in June quarter. JSW Energy on Thursday said its net profit jumped 179 per cent to Rs 560 crore in the June quarter, mainly on the back of higher revenues. "Profit After Tax (PAT) stood at Rs 560 crore, which was 179 per cent higher YoY (year on year) compared to a PAT of
Reliance Brands signs distribution agreement with Maison Valentino. RBL will open the first Valentino boutique in Delhi, followed by a flagship store in Mumbai
Emami acquires 30% stake in a pet-care startup Cannis Lupus Services. Leading FMCG company Emami on Thursday announced to acquire a 30 per cent stake in a pet-care startup Cannis Lupus Services India for an undisclosed amount. Cannis Lupus Services India offers Ayurvedic remedies for pets under the brand "Fur Ball Story". It
ITC shares hit 52-week high in intra-day; rally over 37% so far this year. ITC shares hit its one-year peak on Thursday amid talks about an organisational restructuring at the conglomerate, including demerger of hotels business and listing of its technology venture
Q1 Results: PVR back in black as box office picks up pace post-Covid. Meets Street expectations, thanks to healthy box-office collections
RBL Bank reports Q1 net profit at Rs 201 crore; asset quality improves. The bank's net profit rose 1.7 per cent from Rs 197.83 crore in Q4FY22
Biocon receives three US FDA observations on its Telangana plant. Biotechnology major Biocon on Thursday said the US health regulator has issued three observations after inspecting its Telangana-based manufacturing plant. The US Food and Drug Administration (USFDA) concluded a pre-approval inspection for Site 3 located a
Irdai gives indicative premium growth targets to non-life insurers. The regulator's aim is to increase non-life penetration to 2.5% from the current 1%
ITC launches super app 'ITCMAARS' to boost agricultural business. The app has been launched in seven states with over 40,000 farmers grouped in 200-plus farmer produce organisations (FPOs) under four value chains - wheat, paddy, soya, and chilli
Hindustan Zinc beats estimates, Q1 net profit up 56% at Rs 3,092 crore. Revenue from operations increased to Rs 9,236 crore in Q1 versus Rs 6,378 crore last year
Valentino's here! Reliance Brands signs agreement with Italian firm. Maison Valentino will stock womenswear, menswear, footwear, and accessories of the brand
NLC India board approves investment proposals worth Rs 14,945 crore. NLC India Ltd on Thursday said its board has approved investment proposals worth Rs 14,944.91 crore for setting up power and mining projects in Tamil Nadu. The company, which comes under the coal ministry, plans to invest over Rs 43,000 crore in various po
Not able to move forward in probe against WhatsApp, FB: CCI tells Delhi HC. A senior lawyer appearing for Facebook India urged the court to defer the hearing on the appeal, saying that the case involves issues of significance
Amazon to buy primary care provider One Medical for .9 billion. Amazon announced it will acquire the primary care organisation One Medical in a deal valued roughly at USD 3.9 billion, marking another expansion for the retailer into health care services.
Gautam Adani overtakes Bill Gates to become the fourth-richest person. In June, the Adani family committed a donation of Rs 60,000 crore towards charity initiatives in health care, education, and skill development
Future Ent to quantify receivables from FRL and submit claims before IRP. The National Company Law Tribunal on Wednesday ordered insolvency resolution proceedings against Future Retail
JSW Energy net profit jumps 179% to Rs 560 crore on higher revenue. In the quarter under review, revenue rose 68 per cent year-on-year (YoY) to Rs 3,115 crore from Rs 1,860 crore last year
SAT relief for news broadcaster NDTV, fine slashed to Rs 10 lakh. The tribunal also slashed penalties imposed by the market regulator terming them 'excessive'
Murugappa Group's Tube Investments diversifies into electronics biz. The company said in a statement that it has identified electronic products and components as a growth sector
'A true gentleman': TCS condoles demise of former CFO V Ramakrishnan. V Ramakrishnan was the CFO of TCS since 2017 and retired from the position in April 2021
Top Headlines: AEL set to enter Nifty 50, Jio explores 5G use cases, & more. Adani Enterprises (AEL) is pegged to replace Kolkata-based Shree Cement in the Nifty 50 index, a gauge for the performance of India's capital market
448 notices served to e-commerce entities for violations of declaration. As many as 448 notices were served to e-Commerce entities for violations of the declaration during the last one year and nine months and approx Rs 78 lakh penalty was charged from companies
Netflix faces tough road ahead despite low second-quarter subscriber loss. Netflix Inc may have calmed investors' worst fears with a second-quarter subscriber loss that was better than expected
4,500 Air India employees opted for voluntary retirement so far: Report. Under the Air India's VRS rules, people older than 40 years of age with 20 years of continuous employment can opt for voluntary retirement
Next pain point for the rupee: billion of unhedged offshore loans. The nation's firms had billion of unhedged offshore loans at the end of March, about 44% of their total overseas borrowings, according to the latest data from the Reserve Bank of India
IndusInd Bank shares jump over 5% on Sensex after June quarter earnings. Shares of IndusInd Bank climbed over 5 per cent in morning trade on Thursday after the company reported a 60.5 per cent jump in net profit for the quarter ended June
Facebook's growth woes in India: too much nudity, not enough women. Many women have shunned the male-dominated social network because they're worried about their safety and privacy, according to the Meta research
Edtech platform 'Creative Galileo' raises .5 mn at mn valuation. Edtech platform for kids Creative Galileo has raised USD 7.5 million, about Rs 60 crore, in a funding round from a clutch of investors including Kalaari Capital, the company said on Thursday
Hyundai sells 1.88 mn vehicles in first six months, Q2 profit jumps 56%. Hyundai Motor said on Thursday that its second-quarter net profit jumped 56 per cent from a year earlier on improved product mix and a weak won
Adani Group approaches SBI for Rs 14,000 crore loan: Report. The application for the PVC plant comes just days after Adani Group secured a loan worth Rs 6,071 crore for a new copper refinery at Mundra, on June 26
Edtech startup Creative Galileo raises .5 million in Series A funding. The latest round brings Creative Galileo's total funding to million, including a pre-series A round of $ 2.5 million announced in October 2021
TATA Projects appoints Vinayak Pai as MD, to succeed Vinayak Deshpande. TATA Projects on Thursday said it has appointed Vinayak Pai as its Managing Director
China's 'Didi Global' fined .2 billion for data violations since 2015. China's internet watchdog on Thursday fined ride-hailing firm Didi Global more than 8 billion yuan (.2 billion) following an investigation into the company's cybersecurity practices. The probe found Didi violated China's network security law, data securi
India's preventive healthcare market projected to touch 7 bn by 2025. India has traditionally focused on curative care as opposed to preventive care
IDBI Bank's Q1 net rises 25% to Rs 756 cr as provisions, contingencies dip. The bank had posted a net profit of Rs 603 crore during the same period last year (Q1FY22)
Institutional investments in real estate down 27% at 6 mn in Apr-Jun. Institutional investments in Indian real estate fell 27 per cent during the April-June period to USD 966 million amid global economic and geopolitical headwinds, according to JLL India. The institutional investment in real estate stood at USD 1,329 million
RBL Bank posts net profit of Rs 201 cr in Q1, asset quality improves. The bank's provisions and contingencies fell to Rs 253 crore as compared to Rs 1,384 crore in Q1FY22
Hindustan Zinc net profit rises 56% in Q1 to Rs 3,092 cr; revenue jumps 45%. Hindustan Zinc Ltd (HZL) on Thursday reported a 55.9 per cent rise in consolidated net profit at Rs 3,092 in the June quarter, mainly on the back of higher metal prices. The company had posted consolidated net profit of Rs 1,983 crore in the first quarter
PVR reports Rs 53 cr net profit in Q1; revenue zooms multi-fold on low base. Leading multiplex chain operator PVR Ltd on Thursday reported a consolidated net profit of Rs 53.38 crore for the June quarter. The company had posted a net loss of Rs 219.44 crore in the April-June quarter a year ago, PVR said in a regulatory filing. Its
Karti Chidambaram wants govt to probe edtech giant BYJU's finances. Congress MP Karti P. Chidambaram on Thursday said he has written a letter to the Serious Fraud Investigation Office (SFIO) to investigate the finances of edtech major BYJU
Citi expects revenue from Indian corporate business to grow 10% a year. MUMBAI (Reuters) - Citigroup expects annual growth in its corporate banking business in India to accelerate to 10% in the next few years as it focuses on its institutional business after recently selling its consumer banking business, a top executive s
Twitter now lets users share Spaces clips on iOS, Android. Microblogging platform Twitter has announced that now anyone can share Twitter Spaces clips on iOS and Android platforms.
Parl panel summons Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal. BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace
PE/VC investment in domestic firms rises 28%, says EY report. On a sequential basis the inflows are down 32 per cent from .4 billion, the report said
AU Small Finance Bank Q1 net up 32% YoY to Rs 268 cr, down 23% sequentially. Improvement in NII, even as trading losses weigh on profitability
Tata Communications net profit jumps 84% to Rs 544 cr in June quarter. Tata Communications on Wednesday posted an increase of 83.63 per cent in consolidated profit to Rs 543.76 crore in the June quarter. The company had reported a profit of Rs 296.11 crore in the same period a year ago, it said in a regulatory filing. "We del
Netflix adds 1.1 mn paid subscribers in Asia-Pacific in second quarter. Streaming giant Netflix added 1.1 million (11 lakh) paid subscribes in the Asia-Pacific region in the second quarter (Q2) this year.
Govt has a -bn plan to decarbonise public transport and curb emissions. Convergence Energy Services Ltd is planning a -bn tender for 50,000 electric buses that will help India meet its goals for net zero emissions
Facebook shifts focus from news to creator economy amid TikTok threat. Threatened by the surge in TikTok user base, Meta is changing its focus from news to building a creator economy and has reportedly reallocated resources from Facebook News
Sequoia Capital bullish on India, has stake in 39 startups: Report. Venture Capital firm Sequoia is bullish on India and has invested in several startups that are expected to become unicorns in the coming years, a report said. Recently, Sequoia Capital raised USD 2.85 billion to fund Indian and Southeast Asian startups des
NTPC signs pact with Moroccan Agency for cooperation in Sustainable Energy. State-owned power giant NTPC has inked a pact with Moroccan Agency for Sustainable Energy (MASEN) for cooperation in renewable energy.
Havells Q1 net profit rises 3% to Rs 243 crore; revenue jumps 63%. Havells India Ltd on Wednesday reported an increase of 3.13 per cent in consolidated net profit to Rs 243.16 crore for the June quarter as margins were impacted due to commodity cost fluctuation.
Century Plyboards Q1 profit rises 3-fold to 92.62 cr; revenue up 94.3%. Century Plyboards (India) Ltd on Wednesday reported a nearly three-fold rise in its consolidated net profit to 92.62 crore for the first quarter ended on June 2022. The company had reported a net profit of Rs 31.07 crore in the April-June quarter a year ag
Wipro's Q1 net profit declines 21% over acquisitions, talent cost. Despite a below-expectation showing, IT major expects double-digit growth in FY23
Emami Agrotech enters spice business, eyes Rs 700-1,000 cr revenue in 5 yrs. Mantra Spices brand includes turmeric, chilli, cumin and coriander powders, and a range of blended masalas; firm plans to tap 200,000 outlets by this year end, 500,000 in next three years
Maruti takes the road to electrification with strong hybrid Grand Vitara. Grand Vitara will go on sale in September with prices expected to start at Rs 9.5 lakh
Wipro sees higher IT services revenue growth on strong deals pipeline: CFO. BENGALURU (Reuters) -India's Wipro Ltd on Wednesday forecast higher revenue growth from IT services on the back of a strong project pipeline, and said margins likely bottomed out after higher expenses dented June-quarter profit.
'Gig hiring picks up ahead of festive season, led by e-commerce firms'. Ahead of the festive season, the demand for contract workers has witnessed a 66 per cent sequential growth during June mainly led by e-commerce companies, according to a report.
Companies pick up teams in global T20 leagues as IPL footprint grows. After UAE-based International League T20, Indian firms acquiring franchises in Cricket South Asia's new league
Maruti Suzuki India eyes leadership position in SUV segment, says MD. Maruti Suzuki India is eyeing a leadership position in the SUV segment as it continues to add new products across various sub segments, a top company official said on Wednesday. The country's largest carmaker has bolstered its presence in the high volume e
Boeing, Airbus secure Farnborough orders as sector stabilises. FARNBOROUGH, England (Reuters) - Boeing has been cranking out order announcements at this week's Farnborough Airshow, restoring momentum to its troubled 737 MAX, while rival Airbus on Wednesday added to its A320neo order book.
SBI receives board's approval to raise up to Rs 11,000 crore. State Bank of India (SBI) on Wednesday received the board's approval to raise up to Rs 11,000 crore through issuance of bonds.
French carmaker Citroen debuts in India's mass car market with C3. Priced around Rs 5.7-8.05 lakh, the mini SUV will vie with the Punch, Magnite and Ignis
Railways placed purchase order of 39K wheels with Chinese manufacturer. A purchase order for 39,000 wheels for LHB coaches has been placed by Indian Railways with Chinese manufacturer Taiyuan.
Syngene International Q1 PAT slips 4% to Rs 74 cr; revenue rises 8%. Contract manufacturing services firm Syngene International on Wednesday reported a 4 per cent decline in profit after tax to Rs 74 crore for the first quarter ended June 2022. The company had posted a PAT of Rs 77 crore in the April-June quarter of last fi
Walmart's PhonePe to move headquarters from Singapore to India: Report. Walmart group digital payments firm PhonePe is planning to shift its headquarters from Singapore to India, according to a source privy to the development. Flipkart, the largest shareholder of the firm, will continue to remain headquartered in Singapore and
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