NSE share market NEWS tomorrow (21 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 July 2022
Cg Power was amongst the top gainers, currently trading at 221.20 in NSE with 8.953 times change in volumes and 8.805% change in price. Other gainers included Indusind Bank with 7.824% price change and 5.902 times volumes, Abb India with 6.704% price change and 4.394 times volumes, Samvrdhna Mthrsn with 6.243% price change and 4.741 times volumes, and Bharat Electronics with 5.414% price change and 3.479 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.
Crompton Gr was amongst the top losers, currently trading at 383.55 in NSE with 2.132 times change in volumes and -3.205% change in price. Other losers included Kei Industries with -2.642% price change and 0.762 times volumes, Jsw Energy with -2.524% price change and 0.527 times volumes, Varun Beverages with -2.395% price change and 1.232 times volumes, and Dr Reddy with -1.966% price change and 2.765 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.
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
Amazon sues admins of over 10,000 Facebook groups over fake reviews. Amazon has filed a lawsuit against administrators of more than 10,000 Facebook groups it accuses of coordinating fake reviews in exchange for money or free products
Wipro Q1FY23 results: A look at the performance in the last four quarters. Ahead of Wipro's Q1FY23 results, data suggests the net income of Wipro saw growth in Q4FY22 and stood at 6.9 million. However, it was lower than the net income in Q1FY22, reported at 4.8 million
Microsoft announces 'Viva Engage' app in Teams to help build community. Tech giant Microsoft has announced that it is introducing Viva Engage, a new app in Teams that helps build community and connection, along with providing tools for personal expression
First Cheque closes second fund at Rs 38 cr, plans to invest in 50 startups. First Cheque aims to be the earliest institutional capital available for founders and seeks to achieve this by investing at the pre-seed stage
ITC will continue to deliver robust growth despite inflation concerns: Puri. Diversified conglomerate ITC Limited said that the company will continue to deliver robust growth despite key concerns such as inflation
FitterFly raises mn in series A funding led by Amazon Smbhav, Fireside. The funds raised will be used to increase Diabefly's reach, their digital therapeutics and clinically-proven programme to prevent, manage and reverse diabetes
Hatsun Agro breaches Rs 2,000 crore sales mark in Apr-Jun quarter. Dairy products maker Hatsun Agro Products has crossed the Rs 2,000 crore sales mark during the quarter ending June 30, 2022 for the first time, the company said
Nissan Motor to invest over Rs 2 cr to upgrade Chengalpet hospital. Nissan Motor has committed an investment of over Rs two crore to upgrade the infrastructure at the medical college and hospital in neighbouring Chengalpet district, the company said
Installation art company Meta sues Facebook over trademark violation. Meta, a small business operating in the immersive and experiential technology industry since 2010, has filed a lawsuit against Facebook for trademark violation
Competition issues: Parl panel to meet Zomato, Flipkart, tech firms' reps. A key parliamentary panel will meet representatives of various tech platforms, e-commerce players and gaming entities to discuss about their market behaviour amid rising anti-competition concerns
e-Scooter maker Ather says high costs pushing back profit timeline. Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company's path to profit despite high demand for its vehicles
Rajarshi Gupta takes over as Managing Director of ONGC Videsh. Rajarshi Gupta has taken over as Managing Director of ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC). He replaces Alok Gupta who superannuated last month. "Rajarshi Gupta has more than 33 years of w
Tata Steel ropes in Australia's BHP to study low-emission steelmaking tech. The partnership aims to help both companies progress toward their climate change goals, and support India's ambitions to be carbon neutral by 2070, the domestic steel major said on Wednesday.
FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri. ITC launched 110 products in FY22 to mark its capacity for innovation, he says
Oil stocks surge as govt cuts windfall tax on fuel exports, RIL up 4%. Petrol and diesel prices are down by -50 per barrel from month-ago levels
NHPC, DVC sign pact to set up joint venture firm for hydro power: Report. State-owned hydro power giant NHPC on Wednesday said it has inked a pact with Damoder Valley Corporation to explore possibility of forming a joint venture firm for setting up hydro power projects
Wipro Q1 results: Net profit falls 21% to Rs 2,564 cr as expenses rise. Revenue from operations rose nearly 18% to Rs 21,529 crore
NCLT admits Bank of India's insolvency petition against Future Retail. The public sector lender had moved the insolvency plea against Future Retail on April 14 for non-payment of dues under the terms of agreement it signed with the Future Group
Nikon unveils Z 30 camera, targets social media content creators. Well-known for its high-quality cameras, Japanese electronics giant Nikon unveiled another masterpiece in Gurugram on Wednesday.
IndusInd Bank net profit jumps 61% to Rs 1,631 cr in June quarter. Interest income in the June quarter rose 9.5% to Rs 8,181.77 cr as compared to the year-ago period
Cloud adoption can add 0 bn to India's GDP, create 14 mn jobs: Nasscom. Large-scale adoption of Cloud has the potential to contribute 0 billion to the countrys gross domestic product (GDP), creating 14 million direct and indirect employment opportunities by 2026
Twitter can be made liable for fraudulent disclosure on bots, thinks Musk. Twitter has misled its users from revealing the actual number of bots or spam accounts on its platform, then the Parag Agrawal-led company can be held liable for fraudulent disclosure, feels Elon Musk
Irdai empowers insurers to empanel hospitals for cashless facility. Regulator asks companies to publish board-approved empanelment criteria on their websites periodically; insurers to focus on quality of healthcare services of hospitals being empanelled
JSW Steel undertakes initiatives to reduce carbon footprint: Chairman. JSW Steel is undertaking various initiatives to reduce carbon footprint in line with India's net zero ambitions, its Chairman Sajjan Jindal said on Wednesday. According to the industrialist, his company has already earmarked a sum of Rs 10,000 crore to inc
RIL's shares climb over 2%, ONGC jumps 4% after windfall tax cut. Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax
US: Apple Watch detects deadly tumour, saves user's life in Maine. Tech giant Apple's smartwatch has possibly saved another life as a new report says that Apple Watch detected a rare tumor, which could have potentially been fatal to the user in the US.
TV18 Broadcast Q1 net profit falls 63% to Rs 60 cr, revenue rises 9.5%. Its consolidated revenue from operations rose by 9.53 per cent to Rs 1,265.05 crore during the quarter under review compared to Rs 1,154.98 crore in the corresponding quarter a year ago.
Polycab India Q1 net profit surges three-fold to Rs 222 cr; revenue up 47%. Profitability was supported by better operating leverage and various strategic initiatives implemented over past few quarters, Polycab India chairman and managing director Inder T Jaisinghani noted.
1,000 passenger complaints received against Air India in 3 months: Govt. DGCA on June 14 said it imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid tickets and thereafter not providing mandatory compensation to them
Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share. So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore
Ambuja Cements Q2CY22 net profit falls 26% to Rs 865 cr; revenue up 15%. Ambuja Cements' sales volume was up 15% in April-June quarter at 7.39 MTPA from 6.42 MTPA of the corresponding quarter
Hindustan Unilever warns of higher prices as costs pressure margins. High commodity prices forced the India unit of Unilever to raise prices across its main segments, including household care, skin and hair cleansing products, in the quarter ended June
LIC adds Rs 1,983 cr in kitty by offloading shares in Siemens, Icra. LIC said its holding in Siemens decreased by over 2 per cent from October 14, 2020, to July 18, 2022, at an average cost of Rs 2,701.19 per piece.
Godi India to bring out first domestic made lithium-ion cell by August. Signs public private partnership deal with CSIR-CECRI to run an advanced Lithium-ion cell manufacturing unit in Chennai; plans to invest billion over next five years
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