NSE share market NEWS tomorrow (12 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (12 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 July 2022
Himachal Futuristic was amongst the top gainers, currently trading at 65.85 in NSE with 2.947 times change in volumes and 5.276% change in price. Other gainers included Delhivery with 4.29% price change and 2.057 times volumes, Indian Bank with 4.133% price change and 1.78 times volumes, Adani Green with 3.959% price change and 1.033 times volumes, and Indus Towers with 3.915% price change and 2.606 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.
Nmdc was amongst the top losers, currently trading at 103.20 in NSE with 2.393 times change in volumes and -5.321% change in price. Other losers included Rural Electrification with -4.866% price change and 0.791 times volumes, Hindustan Petroleum with -3.724% price change and 1.415 times volumes, Bharat Forge with -3.373% price change and 1.03 times volumes, and Apl Apollo with -3.329% price change and 1.016 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.
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
Elon Musk's SpaceX sends 46 Starlink satellites on Falcon 9 into orbit. Billionaire Elon Musk's space venture SpaceX has successfully launched 46 Starlink satellites to low-Earth orbit.
Indian pharma industry may rebound to 8-11% growth rate, says Alkem. Alkem Laboratories expects the Indian pharmaceutical industry to rebound to 8-11 per cent growth rate with normalcy in activities as the pandemic eases out
Unacademy 'not efficient' in finances, will shut some businesses: CEO. Unacademy, valued at .44 billion, will restrict business class travel end meals and snacks as complimentary perk at the startup
TCS shares fall nearly 5% after Q1 earnings; m-cap declines by Rs 55,471 cr. Shares of Tata Consultancy Services (TCS) on Monday fell nearly 5 per cent, wiping out Rs 55,471.22 crore from its market valuation, after the company's June earnings failed to meet expectations.
SpiceXpress to be hived off from SpiceJet by Aug first week: Ajay Singh. Banks and shareholders have given their approval to hive off cargo and logistics company SpiceXpress from SpiceJet airline, the carrier's CMD Ajay Singh said
Muthoottu Mini looks at 60% sales growth this fiscal at Rs 4,000 cr. Gold loan player Muthoottu Mini Financiers is looking to grow its loan sales by over 60 per cent in this fiscal to around Rs 4,000 crore as it embarks on a faster expansion
Godrej Appliances to invest Rs 200 crore in capacity expansion in FY23. Godrej Appliances is targeting a turnover of Rs 5,500 crore in 2022-23 and around 35 per cent of the sales will be contributed from its premium range of products, a top company official said. Besides, Godrej Appliances is also investing Rs 200 crore in the
NMDC keen to invest in green energy capacities, says CMD Sumit Deb. Mining major NMDC has plans to invest in the renewable energy sector, said chairman and managing director Sumit Deb
FMCG companies expect demand recovery, price stability in next quarter. With commodity prices peaking out, major FMGC players in India expect a recovery in demand in both rural and urban markets going forward aided by price stability
Aurobindo Pharma to develop complex products, expand global footprint. Aurobindo Pharma remains focused on developing complex and differentiated products in multiple areas to drive the next phase of growth
Alibaba, Tencent fined in China for not complying with anti-monopoly rules. Chinese market regulator has imposed a fine on the two tech companies as a part of its crackdown on monopolistic practices. It has also released a list of deals that violated the rules
JSW in talks with PEs, foreign banks for Mytrah Energy acquisition. JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of billion by 2030
Accolite to raise headcount in India by over three-fold to 8,500 in 3 years. Texas-based IT firm Accolite Digital plans to raise headcount by over three-fold in India to around 8,500 in the next three years, a top company official said.
CEOs expect better job creation despite monetary tightening in H1FY23. A majority of CEOs in the poll anticipate improved job creation prospects in their companies in the first half of FY23, even as expectations of monetary tightening are pervasive
Startup funding in India declined 40% between April and June, says PwC. Geo-political instability appears to be taking a toll on the Indian startups with the total funding declining by 40 per cent to USD 6.8 billion in the April-June quarter, reveals a PwC India report.
It's Ambani vs Adani at 5G auction, but no direct market clash yet. For years they tiptoed around each other but now the groups led by Mukesh Ambani and Gautam Adani will for the first time be in direct competition in the 5G auction this month
M&M open to investing in EV battery cell maker to secure supplies: CEO. Mahindra on Thursday raised 0 mn from British International Investment for its new electric vehicle unit at a .1-bn valuation
IndiGo's technicians go on sick leave in Hyderabad, Delhi over low wages. IndiGo had cut salaries of a large section of its employees when the COVID-19 pandemic was at its peak
With Europe slowing, TCS says North America to drive its growth in FY23. The IT major indicated that clients in Europe are more cautious on tech spends given the possibility of deeper recession and ongoing conflict in Eastern Europe, leading to delays in decision making
IndiGo's aircraft technicians go on sick leave to seek salary revision. Across the sector, technician salaries are low and Covid-19 pandemic worsened the problem as some airlines resorted to pay cuts
UAE's Lulu Group expands in country of its founder Yusuff Ali. Abu Dhabibased supermarket chain Lulu Group opened a mall in Lucknow on Sunday as it expands in the country of its founder Yusuff Ali.
UAE-based billionaire Yussuf Ali's Lulu Group enters UP with supermarket. Known for its sprawling business interests worldwide, billionaire Yussuf Ali-led Lulu Group is now entering northern India with one of the largest supermarkets in Uttar Pradesh
Former VSNL chief, 'father of internet in India', B K Syngal dies. Under his watch, VSNL rolled out India's internet service and launched its then biggest global depository receipt issue.
Top headlines: Adani may join spectrum race, Musk pulls out of Twitter deal. Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight
Necessary for us to comply with legal request: Razorpay CEO on Alt News. Amid the controversy over sharing transaction data of Alt News with the Delhi Police, Razorpay Co-founder and CEO Harshil Mathur said that it was necessary for them to comply with the legal request
Tata Motors hikes passenger vehicle prices to offset rising input costs. Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs
Home-builder BuildNext raises .5 mn in funding round led by Pidilite. BuildNext, a Kochi based tech-enabled home builder has raised 3.5 million dollars in a 'pre-series A' funding led by Pidilite Industries'. BuildNext has also secured funding from existing investors Konglo Ventures and FatEngine among others. The company, i
India's EV sector seeing 108% job growth, women rising to the top: Study. It revealed that the engineering function dominates the EV sector, followed by operation, sales, quality assurance, business development, IT, human resource and marketing.
D-Mart Q1 profit jumps six-fold to Rs 642.89 cr, sales almost double. Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a "very good recovery" in overall sales and a co
5G: Adani Group to join spectrum bid; won't enter consumer mobility space. Adani Group applied to participate in the 5G auction on Friday and will compete with the likes of Reliance Group and Bharti Airtel for spectrum but for private captive networks
Amnesty India rubbishes ED allegations; says govt curbing critics. ED alleged that London-based Amnesty International sent huge sum of foreign contribution to its Indian entities, during Nov 2013-June 2018 in ''guise of business activities,'' to escape FCRA scrutiny
Fourth quarter numbers being rechecked post-ransomware, says SpiceJet. The airline said its Q4 FY22 financial result was prepared before the ransomware attack
Pharma companies with quality compliance to be stronger: Piramal. Pharmaceutical businesses that have a strong track record of quality compliance and can remain agile towards new regulatory requirements, will emerge stronger as the impact of the pandemic decreases, according to Piramal Enterprises Ltd Chairman Ajay G Pir
DoT gets applications from 4 firms to participate in 5G spectrum auction. The applicants include three telecom service providers - Bharti Airtel, Reliance Jio and Vodafone Idea
Adani may join telecom spectrum race, compete with Reliance Jio, Airtel, Vi. The telecom department's upcoming auction includes the coveted 5G band needed for high-speed internet connectivity
Top headlines: TCS beats street estimates, ED fines Amnesty India, and more. TCS' net profit grew 5.2 per cent year on year, and 2.5 per cent sequentially to Rs 9,478 crore in Q1FY23, but missed estimate of Rs 9,850 crore
SBI to auction NPA a/c Pioneer Gas for recovery of over Rs 180-cr loan. SBI will auction the account of Maharashtra-based Pioneer Gas and Power next month to recover loan dues of over Rs 180 crore from the company.
Fortis Healthcare aims to add 1,500 beds in 5 years to enhance presence. On the clinical front, the company said it expects to continue to strengthen its existing specialities and build new medical programmes.
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