NSE share market NEWS tomorrow (20 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 July 2022
Delhivery was amongst the top gainers, currently trading at 675.10 in NSE with 1.564 times change in volumes and 6.223% change in price. Other gainers included Vedanta with 6.052% price change and 2.811 times volumes, Pnb Housing with 6.001% price change and 8.324 times volumes, Oil India with 5.815% price change and 3.51 times volumes, and Persistent Systems with 5.604% price change and 1.431 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.
Hindustan Zinc was amongst the top losers, currently trading at 278.85 in NSE with 1.233 times change in volumes and -6.63% change in price. Other losers included Icici Lombard with -4.223% price change and 5.671 times volumes, Phoenix Mills with -3.546% price change and 1.647 times volumes, Abb Power with -3.497% price change and 1.067 times volumes, and Himachal Futuristic with -3.043% price change and 0.635 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.
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
Grasim enters B2B e-commerce in building materials, to invest Rs 2,000 cr. Investment adds new high-growth engine within Grasim's standalone businesses and of its associate cos; firm is spending Rs 10,000 cr in new paints business, will launch products by early 2024
ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income. The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period
Ambuja Cements Q1 net profit falls 14% to Rs 752 crore, sales up 15%. Consolidated net sales rose 15.1 per cent to Rs 7,943 crore in the April-June period versus the same period last year
L&T Finance Holdings Q1 net up 47% to Rs 262 cr on better interest margins. Firm expects NIM plus fees to stay above 8% in FY23
Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz. Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover
Inflation and market condition are still concerns: HUL CMD Sanjiv Mehta. Mehta also suggested that the government could use the "huge amount of reserves" to prevent the rupee from depreciating rapidly.
Noida twin towers to be rigged with explosives by Aug 20, razed next day. During the period when explosives are placed in the buildings, no body except the staff of the demolition firm, Edifice Engineering, would be allowed inside the premises, according to officials.
HUL beats estimates with Rs 2,381-cr net profit in Q1; revenue up 19.6%. Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures
Meta, Google agree to abide by Indonesian tech rules amid blocking threat. The Indonesian authorities had warned to block Big Tech platforms in several days if they fail to register with the country's Ministry of Communications and Informatics.
NTPC set to award first coal-fired plant in about six years: Report. Bharat Heavy Electricals Ltd. emerged as the lowest bidder to build the 1,320 megawatt project in the eastern state of Odisha
Coworking firm Simpliwork Offices takes on lease 150K sq ft in Chennai. Coworking firm Simpliwork Offices on Tuesday said it has taken on lease 1.5 lakh square feet of office space in Chennai from DLF and Mindspace Business Parks REIT to expand business. Bengaluru-based Simpliwork Offices, which provides managed office space t
R1-RCM to recruit 3,000 people by Dec; set up new centre in Chennai. According to company officials, the healthcare KPO (knowledge process outsourcing) was hiring for various positions across roles at the Chennai office
India's largest floating solar power project now operational in Telangana. Energy conglomerate National Thermal Power Corporation (NTPC) has set up the 100 megawatt (MW) plant through Bharat Heavy Electricals (BHEL) under Engineering, Procurement and Construction contract
Gazprom Singapore misses LNG deliveries to GAIL amid soaring demand: Report. GMTS is willing to offer a penalty to the Indian company for missed cargoes. One of the sources said the penalty is miniscule compared to spot prices of LNG.
L&T Q1FY23 results: How the company performed in the last four quarters. Larsen & Toubro has seen a steady rise in net profits over the previous four quarters
Ambuja Cement Q2CY22 results: A look at figures for the last four quarters. This will be the first result announcement by the company since it was acquired by the Adani group in May 2022
Shiprocket buys Arvind's omnichannel unit in Rs 200 cr stock-and-cash deal. Companies aim to reduce delivery time and improve customer experience by combining their expertise
Windfall tax: Relief for product exports, not for upstream crude, says Citi. Petrol and diesel prices are down by -50 per barrel from month-ago levels
PharmEasy plans 0 million fund raising at lower valuation: Report. Indian drug and medical services startup PharmEasy is in talks with investors to raise 0 million, but at a valuation that could be 15% or even 25% lower than last year's .1 billion
DLF aims to double retail presence in 4-5 yrs, build new malls: Chairman. Realty major DLF Chairman Rajiv Singh has said the company has initiated the development of new shopping malls and looks to double retail portfolio in next five years
Reliance Jio adds over 3.1 mn mobile subscribers in May: TRAI data. Reliance Jio cemented its lead in the Indian telecom market as it gained over 31 lakh mobile subscribers in May, as per data released by the sector regulator on Tuesday
SpiceJet to start 26 new flights from Friday, enhance frequencies. SpiceJet said it will start 26 new domestic flights from July 22
Mindtree and Rubrik partner to launch a unified cyber-recovery platform. Mindtree, a global technology services and digital transformation company, announced that it has partnered with Rubrik, the Zero Trust Data Security Company, to launch unified cyber-recovery platform
TI Clean Mobility to acquire 65% in IPL Tech Electric for Rs 246 cr. The deal would be done through a combination of primary and secondary purchases of shares
HDFC Life Q1 net up 21% to Rs 365 cr on VNB surge, lower mortality reserves. VNB up 25% YoY to Rs 510 cr, annualised premium equivalent grew 22% to Rs 1,904 cr; Solvency ratio at 178%, slightly above the regulatory norm of 150%
STL wins Rs 250 cr deal to build Indian telco's optical network for 5G. STL will provide specialised optical fibres and deployment services to build the service provider's network across nine telecom circles across the country.
Vedanta declares dividend of Rs 19.5 per share in boost to London parent. The hefty dividend comes even as the firm plans to ramp up capital investment to as much billion in the year ending March 2023
Hindustan Unilever Q1 results: Net profit rises 11% to Rs 2,289 cr. 'During the quarter, our turnover grew 19% with underlying volume growth of 6%. We continued to grow significantly ahead of the market, gaining value and volume market shares,' says the FMCG major
Defaulting firm's debt includes both principal and interest: NCLAT. Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower
Reliance Jio ups the ante as Adanis keep off big 5G spectrum game. Four bidders together deposit Rs 21,800 crore as earnest money; Jio puts in Rs 14,000 crore
Marriott signs pact with BeeKay Group to launch 5 hotels in Jharkhand, WB. With this multi-agreement signing, the hotel chain is looking to urbanize and enter emerging business locations
Jet Airways near deal to buy 50 Airbus A220 jets: Report. The airline's board was expected to meet on Monday to finalise the deal
CARS24 sees high-profile exits as global CTO, business head move on. The platform was valued at .3 billion, about double the valuation from its previous round in September 2021
Delhi HC rejects plea to stop SpiceJet flights after seven mishaps. Referring to three incidents in May, two in June, and another two in July, the petition said the lives were at risk due to the SpiceJet's poor management
Uber adds safety net: Riders can now share live location updates with cops. Riders or drivers will be able to share their live location along with their name and contact details at the swipe of a button on the Uber app with the police
DGCA asks airlines to deploy adequate maintenance engineers at airports. Spot inspections were carried out by the DGCA at various airports
M&M hikes stake in combine harvester maker Sampo Rosenlew Oy to 100%. Mahindra & Mahindra on Monday said it has hiked its stake in its Finland-based arm Sampo Rosenlew Oy to 100 per cent with the acquisition of residual shares for over Rs 35 crore. In December 2020, the company increased its stake in combine harvester maker
Bhavish Aggarwal-led Ola to invest 0 million in EV battery R&D unit. 'Unique and cutting-edge' state-of-the-art battery innovation centre in Bengaluru to be world's largest
India's E&P policy should be liberalised for metals, minerals: Anil Agarwal. The country continues to pay hefty import bills year after year even as the nation is gifted with significant reserves of metals and minerals, the metals and mining magnate noted.
Institutional shareholders vote against logistics firm Delhivery's ESOP. Majority say no to the plan; new-age companies have faced similar hurdles
Adani Enterprises loses Coal India's short-term coal import tender. State-owned CIL has cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder, sources said on Monday. Adani Enterprises, which had quoted around Rs 17,000-plus per tonne for importing 2.416 MT of
Priority is that buyers should get flats: Supreme Court on Amrapali row. The Supreme Court Monday clarified that its priority is that hassled home buyers of Amrapali Group of companies get their homes and thereafter at the end it will consider the claims of money lenders
L&T Realty plans expansion for growth, signs -billion projects in Mumbai. This development is part of the L&T Realty's larger plan to strengthen its footprint in major metros by adding around 5 million sqft per year over the next five years.
The curious case of copycat brand names in India. Leading brands have upped the ante when it comes to protecting their trademarks. What's driving the problem of copycat brand names in India? How does India fare in protecting trademark rights?
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