NSE share market NEWS tomorrow (13 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (13 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 July 2022
Aurobindo Pharma was amongst the top gainers, currently trading at 559.45 in NSE with 3.34 times change in volumes and 4.521% change in price. Other gainers included Crompton Gr with 4.279% price change and 9.793 times volumes, Laurus Labs with 4.081% price change and 1.902 times volumes, Syngene Internatio with 3.775% price change and 5 times volumes, and Pi Industries with 3.42% price change and 2.695 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.
Adani Green was amongst the top losers, currently trading at 2104.75 in NSE with 0.823 times change in volumes and -8.28% change in price. Other losers included Suzlon Energy with -4.444% price change and 1.416 times volumes, Supreme Industries with -3.574% price change and 6.496 times volumes, Indusind Bank with -3.306% price change and 8.884 times volumes, and Tata Elxsi with -3.099% price change and 2.058 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.
HC directs Vivo to give Rs 950-cr bank guarantee to operate bank accounts. The phone manufacturer had said the account freeze would hamper its ability to pay for its liabilities, such as taxes and employee salaries
Tata Metaliks Q1 net profit falls sharply to Rs 1.22 cr on higher expenses. It had reported a net profit of Rs 94.72 crore in the April-June quarter of financial year 2021-22, the company said in a regulatory filing.
I-T Dept alleges business, tax irregularities against Dolo-650 maker. The CBDT on Wednesday accused the makers of the widely-known Dolo-650 medicine tablet of indulging in "unethical practices" and distributing freebies of Rs 1,000 cr to docs and medical professionals
Morgan Stanley-backed Continuum Green Energy raises 0 mn via bonds. Continuum Green Energy, a renewable energy platform, on Wednesday said it has raised USD 350 million (about Rs 2,786 crore) in debt through a bond issue to expand its solar hybrid and wind projects. The company, which has a portfolio of 1.3 GW of assets ei
Infosys to acquire Denmark-based BASE life science for Rs 875 crore. Infosys on Wednesday said it will acquire Denmark-based BASE life science for about 110 million euros (Rs 875 crore) in an all-cash deal. The acquisition will deepen Infosys' expertise in life sciences domain as well as strengthen its footprint across Euro
CCI blocks B2B platform Udaan's plea to procure Parle-G biscuits directly. Udaan also said it would be forced to procure Parle products from the biscuit major's existing distributor network
For the first time, Centre allows a private player to process opium. Bajaj Healthcare is the first private player to be awarded a tender to make alkaloids and APIs from opium gum
Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia. As part of the acquisition strategy, upGrad Rekrut, a 100 per cent subsidiary of upGrad, has acquired Wolves India, a recruitment and staffing firm, for an undisclosed amount
Raymond appoints Coca-Cola veteran Atul Singh to lead the Group. Singh has worked at Coca-Cola for about two decades at several senior leadership positions and concluded his journey there as chairman, Asia Pacific and spearheaded its businesses across 25 countries
JSW Energy subsidiary gets order for 300 MW wind capacity from Solar Energy. The company bagged the project in a tariff-based competitive bids invited by SECI for setting up of 1,200 MW ISTS-connected wind power projects (Tranche - XII), it said.
Dabur India acquires entire stake in Asian Consumer Care from JV partner. Dabur held 76 per cent stake in the firm before acquisition through its subsidiary Dabur International, while the remaining 24 per cent was held by Advanced Chemical Industries, the company said.
Ola Electric lays out vision; plans to launch motorcycles, SUVs, robotaxis. The SoftBank-backed company expects to turn cash-flow positive in three quarters and highlighted that it has more than 60,000 scooters on the road, according to a Kotak Institutional equities report
Jubilant Pharma arm to raise 0 mn from Standard Chartered to repay debt. While the term loan and bonds aggregate to USD 350 million, about Rs 2,787 crore, the company is raising another tranche of USD 50 million (about Rs 400 crore) for capital expenditure.
Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia. As part of the acquisition strategy, upGrad Rekrut, a 100 per cent subsidiary of upGrad, has acquired Wolves India, a recruitment and staffing firm, for an undisclosed amount
PepsiCo's India revenue & volume grew in double-digits in 3 mths to June 11. PepsiCo India has also been gaining market share in India since the start of 2022.
NTPC launches Girl Empowerment Mission in Assam, to train 40 minors. The programme -- Girl Empowerment Mission (GEM) -- is being conducted by the power major across the country since 2018 and was launched in Assam for the first time
Delhi HC allows Vivo to operate accounts frozen by ED in tax evasion probe. Vivo can operate its bank accounts to the extent that a balance of Rs 250 crore is maintained in its accounts at all times, the court said
Indian tech sector hired 200K Americans, helped US generate 3 bn in 2021. The Indian technology companies have contributed over .1 billion and developed partnerships with nearly 180 institutions in the US
Chinese mobile maker Oppo India evaded customs duty worth Rs 4,389 cr: DRI. During the investigation, searches were conducted by DRI at the office premises of Oppo India and residences of its key management employees
Bajaj Healthcare forays into highly-regulated opiate processing business. Bajaj Healthcare said it has received two orders from the central government to produce active pharmaceutical ingredients (API) from poppy capsules and other derivatives on an annual basis
Majority of homebuyers want office set-up in apartments: Godrej Survey. The survey underscores the fundamental shift in homebuyers' preferences with the onset of the COVID pandemic and the significant alterations that it has brought about
Passenger vehicle dispatches rise 19% in June as chip supply improves: SIAM. As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle dispatches to dealers stood at 2,75,788 units last month against 2,31,633 units in June 2021
Adani, Ambani are driving force of India's M&A activity, says Barclays. However, deal activity in India is going to slow down as investors have turned more cautious with rising interest rates and a falling rupee, says head of investment banking for India at Barclays
Adani Ports handle 100 mmt cargo in 99 days, expects 60% growth by 2025. Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest integrated transport utility, has clocked a cargo throughput of 100 MMT in the first 99 days of FY23
Realty firm Signature Global files Rs 1,000-cr IPO papers with Sebi. The company proposes to utilise the net proceeds from the fresh issue towards payment of the debt, inorganic growth through land acquisitions and general corporate purposes
'More women in India seeking entrepreneurial opportunities compared to men'. According to LinkedIn data, published in the World Economic Forum's 2022 Global Gender Gap report, the share of women founders grew 2.68 times between 2016 and 2021
Mindtree Q1 Results: Net profit rises 37% to Rs 472 cr; revenue jumps 36%. The Bengaluru-headquartered firm's consolidated revenue from operations rose 36% to Rs 3,121 cr
Twitter shares still reflect hope -bn deal with Musk gets done. While Twitter plunged further below Musk's .20 bid this week, the shares are still pricing in the possibility that the two sides can agree on a transaction at a lower price
Agnikul launches India's first rocket facility for 3D-printed engines. Unit has been designed to make two rocket engines a week
Xiaomi India hires 305 freshers from 100 business schools across verticals. Smart devices maker Xiaomi India has hired 305 freshers from 100 business schools across verticals, including sales, marketing, and supply chain, a senior official of the company said on Wednesday. Xiaomi India senior director HR Varun Mohan said that brin
Biz continuity plan in place for Sri Lanka operations, says HCL Tech CEO. HCL Technologies on Wednesday said it has a business continuity plan for operations in Sri Lanka, with adequate flexibility for workloads to be taken over by teams in India and other geographies.
L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows. Total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows
Mindtree starts FY23 with strong growth and record order book: CEO. "We are excited to report a strong start to FY23 with robust revenue growth, solid margin, and a record order book, demonstrating our continued industry-leading growth momentum," said Mindtree CEO.
Somany Ceramics aims 27% growth in turnover at Rs 2,700 cr this fiscal. The industry is passing through a "bad phase" due to rise in natural gas prices, a company official said on Wednesday.
Twitter shares rise over 6% after Hindenburg takes long position. Twitter has sued Musk for violating his -bn deal and asked a Delaware court to order him to complete the merger at the agreed .20 per Twitter share
HDFC to raise up to Rs 5k cr this week via bonds on a pvt placement basis. The secured redeemable non-convertible debentures (NCDs) will bear interest rate at 7.77 per cent, payable annually and has a tenor of 4 years 11 months and 10 days, HDFC said in a regulatory filing.
Eveready Industries board reshuffle: Burmans and Sunil Alagh join. The board-level changes follow the completion of the open offer for acquisition of shares and control of Eveready by the Burman Group
Lightspeed India raises 0 million for India and Southeast Asia. This is part of the billion that the fund house has raised
HCL Tech Q1 net falls 8.6% sequentially to Rs 3,283 cr, declares dividend. The company's consolidated revenue grew 4% sequentially at Rs 23,464 cr in the June quarter
AM/NS India to invest Rs 273 crore on zero liquid discharge at Hazira. ArcelorMittal and Nippon Steel joint venture has announced that it was in the process of investing Rs 273 crore for zero liquid discharge, other environmental initiatives at its Hazira steel complex
Lightspeed raises bn, keeps 0 mn for India and SE Asian startups. The global -bn fund-raise brings its total capital under management to over bn
RBI fines Ola Financial Services Rs 1.67 cr for not following directions. Ola Financial Services was found to be non-compliant with the directions issued by RBI on KYC requirements
NMDC to be excluded from Nifty CPSE index over move to hive off steel arm. NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of -46 million on account of the rebalancing
Uber gets into damage control with the story of a changed company post 2017. Uber's comment on an ICIJ report on the manner in which it flouted local rules to build its business is revealing as it seeks to wash its hands off the management's deeds pre-2017
Furlenco expects to more than double revenue to Rs 500 cr by March 2024. The company expects to close the current fiscal with Rs 200 crore revenue, House of Kieraya (HoK) and Furlenco, founder and CEO Ajith Mohan Karimpana told PTI.
Supply chain start-up Wheelocity raises mn to expand business. Wheelocity will use the fund to build new products, expand its customer base and improve its fruits and vegetables supply chain
Cosmetics firm L'Oreal ties up with Nasscom to innovate business operations. Joint initiative to explore potential application of AI, ML IoT and AR/VR in cosmetics and dermatology, and product development and personalisation at L'Oreal
CDPQ buys add'l 10% in Mumbai-based Apraava Energy at Rs 660 cr deal value. With this, the Canadian pension fund's stake in the firm goes up to 50%
Over 7 mn users download Tata Neu app within seven weeks of launch. Tata Neu app has been downloaded by over 11 million users as per the data from App Annie, a mobile app tracking platform
PepsiCo reports double-digit revenue growth in India in June quarter. PepsiCo's net revenue in the second quarter of 2022 from the Africa, Middle East, South Asia (AMESA) division, under which India comes, was up 5.86% to .69 bn as against .60 bn, the company said.
HCL Tech Q1 results: Net profit rises 2.4% to Rs 3,283 cr, revenue up 16.9%. HCL Tech had a total contract value (TCV) of new deals worth billion, a growth of 23.4 per cent YoY
Voda Idea ties up with Pariksha to bring Agniveer course material on Vi app. Vi said that it is providing free access to the test prep material for Agniveer along with many other government job exams on the Vi jobs and education platform for one month.
Anand Rathi Wealth Q1 net profit up 34% to Rs 40 cr; revenue rises 36%. Rakesh Rawal, Chief Executive Officer of Anand Rathi Wealth, said the company has reported strong growth for the quarter despite the challenging market scenario.
HCL Tech margin under pressure over talent crunch as Q1 attrition hits 24%. Top management, while reporting results for HCL Tech Q1FY23 on Tuesday, said attrition rate was "expected to remain high in coming months"
Madhulika Bhaskar gets additional charge as NIACL CMD for three months. Her appointment is for a period of three months with effect from the date of assumption of charge or till a regular appointee takes over, or until further orders, whichever is earlier, company said.
UCO Bank gets nod to raise equity capital by issuing up to 1 bn shares. The bank would raise equity capital at appropriate time in the current fiscal to support growth, according to a regulatory filing on Tuesday.
What does Adani's 5G spectrum bid mean for the likes of Jio and Airtel?. Gautam Adani is foraying into the telecom sector. His group will take part in the 5G auction to set up private network solutions. How will the Group's decision impact players like Jio and Airtel?
Cricket rights: Indian broadcasters concerned about ICC's auction process. This comes as the governing body of world cricket is auctioning Indian media rights separately from global media rights as India is the largest market for cricket
SpiceJet denies fraud complaint against Chairman Ajay Singh, calls it bogus. SpiceJet on Tuesday said the complaint of alleged fraud filed by an individual against airline's Chairman Ajay Singh was "completely bogus" and a defamation suit will be filed against the complainant
Adani gets LoI for telecom services in Guj, final list of bidders on Jul 20. Adani Group has no plans to offer consumer mobility service, intends to use spectrum for captive private networks. It will have to obtain separate licences for other circles
"Shift blame to flawed Indian system": How Uber reacted to 2014 rape case. When an Uber cab driver raped a 25-year-old passenger in Delhi in 2014, the company's first response was to "shift blame to flawed Indian background checks"
Ola Electric unveils lithium-ion cell, to begin mass production by 2023. Ola Electric on Tuesday unveiled an indigenously developed lithium-ion cell -- NMC 2170 -- and the company will begin the mass production of its cell from its upcoming Gigafactory by 2023
9th incident in 24 days: SpiceJet flight delayed as nose wheel malfunctions. SpiceJet's Dubai-Madurai flight was delayed on Monday after the Boeing B737 Max aircraft's nose wheel malfunctioned, Directorate General of Civil Aviation officials said. Monday's incident is at least the ninth incident of technical malfunction in a SpiceJ
Amrapali homebuyers asked to pay Rs 200 per sq ft extra to meet shortfall. A separate fund, namely "Sinking cum Reserve Fund", has been made where all homebuyers of Amrapali Group would deposit the amount
NMDC cuts prices of lump ore, fines by Rs 500/tonne each, stock falls 5%. The country's largest iron ore producer NMDC has slashed the prices of lump ore and fines by Rs 500 a tonne each.
AI, data analytics firm Ganit raises funds; to double headcount by 2023. Ganit was founded in 2017 by three veterans of the data science industry Shivaprasad KT, Ashok Harwani and Hariharan R.
SpiceJet's occupancy rate remains high in July amid malfunction incidents. SpiceJet's occupancy rate has remained high in July despite multiple technical malfunction incidents reported in its aircraft during the last 24 days. The airline's occupancy rate, also called passenger load factor (PLF), was above 80 per cent between July
CoC members, bidders must be barred from buying RCap bonds held by LIC: NGO. They are "insiders" and have access to crucial information, says Infrastructure Watchdog; meanwhile, last date if bond sale to be extended to July 22 as LIC finds no takers
Glance user base grows by 30% YoY to reach 183 million in Q1 2022. Inmobi's Glance, which is present in India, Indonesia and parts of Southeast Asia, is focussing heavily on expansion in existing as well as new markets
Senco Gold, DCX Systems, HMA Agro Industries get Sebi's nod to float IPOs. Jewellery retail player Senco Gold Ltd, electronic sub-systems and cable harnesses maker DCX Systems and frozen meat exporter HMA Agro Industries have received Sebi's nod to raise funds through IPOs. The companies, which filed their preliminary IPO (Initia
Eureka Forbes names ex-Jubilant Food CEO Pratik Pota as MD & CEO for 5 yrs. 'Pratik will lead the management team to continue scaling the business, solidifying Eureka Forbes' market leadership position, and delivering innovative products,' says PE firm Advent International
Loan disbursements for Paytm up nine-fold to over Rs 5,550 crore. The number of loans disbursed through our platform grew 492% y-o-y to 8.5 million loans in the quarter ending June 2022, while the value of loans disbursed grew 779% y-o-y to Rs 5,554 crore (3 mn)
IndiGo's 75 new Airbus aircraft to be outfitted with Recaro's seats. IndiGo's 75 new Airbus aircraft will be outfitted with "comfortable" seats of German company Recaro from January 2023 onwards to upgrade passenger experience, a statement said on Monday. IndiGo's current fleet of over 280 Airbus aircraft are equipped with
'Adani Grp's spectrum plans to fuel competition in auctions, enterprise 5G'. 'We consider this news negative for incumbent telcos as it increases competition in upcoming auction bidding as well as in the long-term opportunity to target the enterprise space,' says BofA
Big Tech games system many times: Chandrasekhar after Uber Files report. Chandrashekhar added that innovation would grow along with a citizen's right to open a trusted and accountable Internet under the Modi government.
Unacademy to cut down expenses, will float IPO in two years: CEO. There will be no business class travel for any employee including top founders and top management and dedicated drivers for top executives will also be removed, says CEO
Murugappa Group to enter EV business, launch three-wheelers by Sept. Murugappa Group will also manufacture electric tractors this year through subsidiary
Cheating case filed against SpiceJet MD Ajay Singh, others in Gurugram. A case of fraud has been registered against SpiceJet Chairman and Managing Director Ajay Singh and others for allegedly cheating a Gurugram resident by delivering fake share certificates to him.
Looming Musk-Twitter legal battle hammers social media company's shares. Shares of Twitter slid more than 6% at the opening bell Monday after billionaire Elon Musk said that he was abandoning his billion bid for the company
Unacademy's lessons on frugality: Pay cut for founders, no biz class travel. Founders have already taken salary cuts and this would be applied to the management as well
Mercedes-Benz in top gear, sees the highest ever June quarter sales. Deliveries in the first half of 2022 also advanced at a brisk pace, soaring 56 per cent to 7,573 units in the January-June period
Nomura Singapore buys 1.25 mn shares of BLS International worth Rs 27 cr. Global financial services firm Nomura Singapore on Monday purchased 12.5 lakh shares of technology services provider BLS International Services Ltd for Rs 27 crore through an open market transaction. According to bulk deal data available with the National
Billionaires are vying for Metro's Indian wholesale unit: Report. Thailand's CP Group, Reliance have submitted non-binding bids, according to people familiar with the matter; Amazon is also considering entering the race with an offer
IndiGo to 'rationalise' salaries of technicians following mass sick leaves. A sizeable number of the airline's aircraft maintenance technicians went on sick leave on Saturday and Sunday in Hyderabad and Delhi to protest against their salaries
Frontier Airlines asks Spirit to delay vote as cracks emerge in deal. Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the deal. Frontier CEO Barry Biffle said in a letter made public Monday that his airline is very far from winning approva
HDFC Life invests in 'Z3Partners Tech Fund' to aid digital entrepreneurs. Z3 Partners has already backed startups like Cyfirma, DealShare, Gramophone, Shipsy, and True-Fan
Spandana Sphoorty's Q4 consolidated net profit declines 42% to Rs 28.6 cr. The MFI aims to double assets to Rs 15,000 cr by FY25
Is Tata copying Adani, Reliance with its green turn?. A host of Tata companies have come together to create an EV ecosystem. Tata Power has committed a .5 bn investment for its renewable energy business. Let us find out more
Paytm's Apr-Jun loans disbursal jumps nine-fold to Rs 5,554 crore. The company had disbursed 14.33 lakh loans worth Rs 632 crore in the year-ago period
Aerem raises .5mn in pre-series A funding led by Blume Ventures. Aerem was founded in 2021 by Anand Jain who comes with a strong background in both financial services and solar
Australia's Woodside to invest mn in methane recycling firm String Bio. The investment is a part of Woodside's goal to spend billion on new energy and low-carbon services by 2030, in line with a global push for cleaner energy
HCL Q1FY23 result tomorrow: Here's how company performed in last 4 quarters. The company is expected to post a revenue growth of 2.9 per cent QoQ on a constant currency basis, brokerage firms predicted
Wipro announces quarterly promotions for top performers amid high attrition. Wipro plans to boost the salaries of most of its workforce by 10% in September 2022. The top performers are likely to receive a 15% hike
Wipro PARI acquires Germany-based Hochrainer GmbH for undisclosed sum. Hochrainer GmbH, a family-owned company, has been in operations since 1973 and employs around 130 people, Bengaluru-headquartered Wipro said in a statement
Coal India's capex rises 65% to Rs 3,034 crore in June quater of FY23. Coal India's capital expenditure was Rs 1,841 crore in April-June period of last financial year
L&T Construction bags orders to build data centres in Mumbai, Navi Mumbai. Larsen & Toubro (L&T) on Monday said it has bagged significant contracts to build data centres of capacities totalling 10.8 MW at Mumbai and Navi Mumbai. The company will design, build and would be involved in supply work, among others for the data centres
Agro-chemical firm GSP Crop Science plans Rs 500-cr IPO next year. Agro-chemical firm GSP Crop Science Pvt Lt is looking to launch a Rs 500-crore IPO (Initial Public Offering) by next year, according to its managing director Bhavesh Shah.
Byju's struggles to close 0-mn funding as investors balk amid tech rout. Investors including Sumeru Ventures and little-known firm Oxshott haven't transferred about 0 million of the targeted amount because of 'macroeconomic reasons'
Mercedes-Benz India clocks highest ever sales of 7,573 units in June quater. The company had sold 4,857 units in the April-June period of 2021
IOC, BPCL, HPCL may post Rs 10,700-cr combined loss in Q1: Report. ICICI Securities said the companies are losing Rs 12-14 per litre on petrol and diesel, completely offsetting the strong refining performance during the quarter
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