NSE share market NEWS tomorrow (06 July, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 July, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 July 2022
Tube Invest was amongst the top gainers, currently trading at 1975.75 in NSE with 6.869 times change in volumes and 8.543% change in price. Other gainers included Abb India with 6.438% price change and 2.755 times volumes, Odisha Cement with 6.11% price change and 3.786 times volumes, Godrej Consumer with 5.731% price change and 2.027 times volumes, and One 97 with 5.257% price change and 1.558 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.
Oil India was amongst the top losers, currently trading at 174.20 in NSE with 1.441 times change in volumes and -8.604% change in price. Other losers included Oil Natural with -5.063% price change and 1.325 times volumes, Cyient with -3.512% price change and 7.25 times volumes, Pb Fintech with -2.27% price change and 3.705 times volumes, and Nmdc with -2.164% price change and 2.503 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.
Rental income of retail malls to increase by 30% in FY23, says report. Rental income of retail malls is expected to increase by 30 per cent in this financial year compared to the last year mainly driven by pent-up demand, vaccination cover and resumption of multiplexes
Shriram Transport Finance gets shareholders' approval for merger with SCUF. Shriram Transport Finance, which is part of the Shriram Group, now awaits approval from Shriram City Union Finance shareholders and creditors and NCLT, CCI and Irdai
PNB puts up for sale NPA account of Burnpur Cement to recover over Rs 50 cr. State-owned PNB has put up for sale the account of loss-making Burnpur Cement of West Bengal and has invited bids from Asset Reconstruction Companies (ARCs) to recover loan of over Rs 50 cr
Power Grid board approves proposals to raise up to Rs 11,000 crore. The board of state-owned Power Grid Corporation of India Ltd (PGCIL) on Wednesday approved two proposals to raise up to Rs 11,000 crore through the issuance of bonds and term loans. The proposals to raise Rs 11,000 crore have been approved in a meeting of
Rising fuel cost short-to-medium term constraint, says Sanjiv Goenka. The rapidly rising cost of fuel, owing to the Russia-Ukraine crisis and demand-supply factors, is a short-to medium-term constraint, CESC Chairman Sanjiv Goenka has said. Goenka said in such a scenario, it is vital that power producers and distributors are
Tata Chemicals has no EV plant plan, lines up Rs 5,000-crore capex. Tata Chemicals' consolidated turnover for financial year 2021-22 (FY22) grew 24 per cent to Rs 12,622 crore over the previous year
Dr Reddy's says it aims to triple reach to 1.5 bn patients by 2030. Under its sustainability goals for the next decade, Dr Reddy's said it is making its "products accessible and affordable for patients" and "25 per cent of new launches to be first to market by 2027"
Amazon India to host Prime Day sale event on July 23-24, offer new products. Small and medium businesses will offer more than 2,000 products, says company
Raids on Vivo: China hopes for a 'truly fair' probe in accordance with law. China on Wednesday expressed hope that India will conduct the ongoing investigations into the Chinese mobile manufacturer firm Vivo in accordance with the law and regulations
Titan's sales nearly tripled in Q1, helped by low base and non-disruption. While, its jewellery division, which contributes around 85 per cent of its revenue, reported 207 per cent growth and added 19 new stores during the quarter, taking the total count to 463.
Dabur says business resilient as 'unprecedented inflation' hits FMCG. Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season
US Fashion brand Gap returns to India, signs deal with Reliance Retail. Reliance Retail will be the official retailer for Gap in India, mixing exclusive stores and digital commerce platforms.
Bharti Airtel International enhances buy back tender offer to 0 mn. The company had issued a tender offer to purchase USD 300 million worth of its 5.35 per cent guaranteed senior notes of USD 1 billion due 2024.
India's deal street hits all-time high of 0 bn in H1CY22 on mega mergers. The mega USD 60-billion merger of the HDFC twins, USD 10.5-billion Adani-Holcim deal along with USD 2.7-billion LIC share sale in the June quarter pushed the deal market to an all-time high of USD 130.3 billion in the first half of 2022, a report said on W
TVS Motor launches Ronin motorcycle for premium lifestyle segment. Ronin motorcycle will have technology like voice assistance and enhanced connectivity and it will have an exclusive range of branded merchandise and custom accessories, TVS Motor Company said
SpiceJet gets notice over flight safety, says will be 'doubly careful'. SpiceJet has denied any violations on its part and said it is committed to safe operations
UK's Essar Oil posts higher Q1 sales, ceases Russian oil imports. Company says it is replacing shortfall by maximising indigenous diesel production
Apple to release new 'Lockdown Mode' as it battles spyware firms. The move comes after at least two Israeli firms have exploited flaws in Apple's software to remotely break into iPhones without the target needing to click or tap anything
Crypto exchange FTX has 'a few billion' to support industry, says CEO. Bankman-Fried, who is from California but lives in the Bahamas where FTX is based, has become crypto's white knight in recent weeks, throwing lifelines to digital asset platforms that have faltered
StanPlus aiming under-10-minute arrival time for an ambulance in one year. Managing a fleet of close to 3,000 ambulances, StanPlus now claims to dispatch ambulances in under four minutes and reach the patient in under 15 minutes
BharatPe back on track after Ashneer controversy, records 112% growth. BharatPe said it also reached an all-time high of .5 billion in annualised total payment value (TPV) -- a growth of 50 per cent over the last quarter
Clear strengthens compliance suite; acquires CimplyFive for undisclosed sum. This is Clear's second company acquisition in 2022 after it acquired Xpedize, an invoice discounting platform, in March
Flights to India will return to pre-pandemic levels by October: SIA. Singapore's flag carrier will progressively operate 17 weekly flights to Chennai, up from the current 10 flights per week, it said on Tuesday
Fintech startup Finvu AA raises .5 million in seed funding for expansion. Finvu AA will use the fresh funds to expand the team in engineering, and business development and enhance its product offerings
Maruti Suzuki not to have pure petrol cars in a decade, says official. Maruti Suzuki is also focusing on growing its sport utility vehicle portfolio and the market share in that segment
Biocon Biologics' antibody drug unit in Bengaluru gets EU GMP certificate. Approval comes from Irish health regulator, which had flagged some deficiencies in the manufacturing process iin May
ED issues notices to CoinSwitch, CoinDCX; seeks info under FEMA case. A few firms, including CoinSwitch and CoinDCX dealing in cryptocurrency have been asked by the Enforcement Directorate (ED) to submit some documents in connection with an ongoing case of the FEMA
India Inc hiring intent up 7% in September quarter: TeamLease report. Indian firms top on this metric among major global markets; intent to hire at 64% in Sept quarter, up from 54% in previous three-month period; could touch 70% in next few quarters
Biocon arm Syngene ends contract with Bioinnovat Research over graft case. Guljit Sethi of Bioinnovat was named in CBI FIR on a bribery case involving CDSCO official and Biocon Biologics executive
Apollo Hospitals, Singapore firm enhance AI-based tech for cardiac diseases. Move aimed to enable healthcare providers to predict risk of cardiac disease in patients and start intervention early
GE Renewable Energy commissions 180-MW Bajoli hydro project in Himachal. Three units of 60 MW each have been generating electricity since the project was connected to the grid in March 2022, the company said
DGCA show cause notice to SpiceJet following spate of aircraft incidents. Three incidents on Tuesday alone; airline is operating on cash-and-carry basis and vendors aren't being paid regularly, leading to shortage of spares and frequent invocation of minimum equipment list
Google announces Startup School India for small-city entrepreneurs. Idea is to bring together investors, successful entrepreneurs and programmers that startups from smaller cities can to tap into and learn from the best; Google aims to tap at least 10,000 startups
Amara Raja looks for acquisitions overseas for lead acid batteries. Getting into lithium ion battery making, automotive and industrial battery major Amara Raja Batteries Ltd is looking at acquisitions overseas to expand its lead acid battery business, said soruces
Huawei founder asks employee to give ideas how to boost falling sales. Crippled by heavy US sanctions, telecom conglomerate Huawei is seeking ideas from employees on how to build a better future and get revenues back on track, the media reported on Wednesday.
Godrej Consumer eyes double-digit domestic sales growth in Q1 of FY23. The firm, however, expects a mid-single-digit volume drop on a high base in the quarter
BMW Group India reports 64.2% rise in car sales in Jan-Jun period. BMW Group India on Wednesday reported 64.2 per cent growth in its car sales at 5,570 units in the January-June period of 2022. The BMW brand posted sales of 5,191 units during the period, a growth of 65.4 per cent while the MINI clocked 379 units, an incre
Inflation continued to 'hit hard' FMCG industry in June quarter: GCPL. The country's FMCG industry continued to be "hit hard by inflation levels" leading to successive price hikes as well as impacting volumes during the three months ended June, according to Godrej
Will be more careful, increase aircraft inspection before flights: SpiceJet. "A lot of these incidents that are being reported are relatively minor in nature and happen to every airline. This is nothing unique," SpiceJet CMD Ajay Singh said.
Reliance Retail partners with Gap Inc. to bring Gap to India. Reliance Retail will introduce Gap's latest fashion offerings to Indian consumers through a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms
SpiceJet shares bounce back amid value-buying; settle over 2% higher. Shares of SpiceJet bounced back on Wednesday, rising more than 2 per cent amid value-buying at lower levels in tandem with a positive trend in the equity market
Most Delhi-NCR builders see no rate hike-impact on housing demand: Survey. Around 68 per cent of respondents said there has been no impact on demand from recent increase in home loan lending rates, while 27 per cent suggested marginal decrease in sales/enquiry
Macrotech Developers Q1 sales bookings up nearly 3-fold to Rs 2,814 crore. Realty firm Macrotech Developers on Wednesday reported a nearly three-fold jump annually in its sales bookings at Rs 2,814 crore in the April-June quarter of this fiscal on strong demand for its residential properties. Macrotech Developers sells its proper
ACME Group to invest Rs 1.5 trn in green hydrogen over 7 yrs; seeks tie-ups. Plans come at a time when govt is likely to announce a green hydrogen purchase obligation for fertiliser and petroleum units, similar to renewable purchase obligation
CIL aims to conclude wage pact for non-exec workforce at earliest: Govt. "Coal India Ltd (CIL) has held five meetings under NCWA XI so far. Negotiations for mutually agreeable pact (is) in progress," the Ministry of Coal said in the statement on Wednesday.
Adani Power to seek shareholder approval for Rs 5,000-crore project. The proposed transaction will involve the sale by Adani Power of its special purpose vehicles or subsidiaries to AdaniConneX
Delhi HC rejects CBI plea for custody of four accused in Biocon case. The high court, however, directed the jail superintendent to hand over the custody of associate vice president of Biocon Biologics L Praveen Kumar
Adani Power to seek shareholders' nod for related-party deal of Rs 5,000 cr. Adani Power said it will seek shareholders' approval for the proposed related-party transaction worth up to Rs 5,000 crore with AdaniConnex Pvt Ltd (ACPL) during its annual general meeting on July 27
Mass leaves by cabin crew an aberration, ready for growth: IndiGo. IndiGo is hiring for replacement and expansion. Around 1,500 in the cabin crew are under training and will join operations over the next few weeks
Godi India to set up lithium-ion cell giga factory; gets BIS certification. Godi India is the first in the country to have certification from the Bureau of Indian Standards' for lithium-ion cells made using its home-grown technology
Startups should think of credit solution for small businesses: Vaishnaw. Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market
APSEZ to seek shareholders's nod to reappoint Gautam S Adani as MD. Adani Ports and Special Economic Zone (APSEZ) will seek shareholders' nod this month for the reappointment of Gautam S Adani as its Managing Director, according to a regulatory filing
Coffee Day Enterprises' total default at Rs 470.18 cr in Q1FY23. Coffee Day Enterprises reported a total default of Rs 470.18 crore on payments of interest and repayment of principal amount on loans from banks and financial institutions for quarter ended June 30
Equitas Holdings divest entire shareholding in Equitas Tech. Equitas Holdings Ltd has divested its entire shareholding in Equitas Technologies Pvt Ltd as part of regulatory requirement to complete amalgamation involving its subsidiary Equitas Small Finance Bank
7th crisis in 2 months for SpiceJet: Two planes in mid-air scare on Tuesday. Delhi-Dubai flight diverted to Karachi over faulty indicator light; another plane from Kandla makes priority landing in Mumbai as windshield cracks
Attracting, retaining talent biggest challenge for India Inc in '22: Survey. Companies have been experiencing challenges in attracting and retaining talents since the outbreak of Covid pandemic, with 78 per cent organisations saying it is the biggest, according to a survey
Adani Transmission seeks shareholders' nod for RPTs worth Rs 10,600 cr. Adani Transmission said that it will seek shareholders' approval for the proposed related-party transactions worth up to Rs 10,600 crore in 2022-23.
TCS bags deal from Outokumpu to transform its IT, cloud business. TCS has been selected by Finnish stainless steel company Outokumpu to transform its IT landscape with an agile and secure cloud-based digital core to reduce its carbon footprint
Marico's India business volume declines in mid-single-digits in Q1. The company's Parachute coconut oil also recorded a marginal volume decline in the quarter
Corporate defaults may rise again on cost pressures: Crisil report. Crisil warned of more companies defaulting on their debt obligations as it expects withdrawal of pandemic-induced relief measures coupled with volatile input prices creating cost pressures
Tata Motors wins case against firm that won contract to supply e-buses. Tata Motors had challenged the tender Brihanmumbai Electric Supply & Transport awarded to Evey for supplying 2,100 electric buses
Singapore Airlines to restore network in India to pre-pandemic level. It is adding flights to Bengaluru, Chennai, and Kochi
Fired fund managers violated securities law, says Axis Mutual Fund. In May, Axis MF terminated Joshi and (Deepak) Agrawal, following allegations of tailgating
GoAir pilot refused to land at Patna airport after technical snag. Huge chaos was witnessed at Patna airport on Tuesday afternoon after the pilot of a GoAir flight from Delhi refused to land at the Jay Prakash Narayan airport.
How the Ukraine war may give wings to Jet airways' international plans. With Russian airlines under sanction due to the Ukraine war, aircraft have become available early for the airline
ED raids Chinese phonemaker Vivo; probes 44 places in money laundering case. The Enforcement Directorate conducted searches at 44 places in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said
NGT slaps fine on Ansal Properties & Infrastructure for green violations. The National Green Tribunal (NGT) has imposed a cost of Rs 153.50 crore on Ansal Properties & Infrastructure Ltd (APIL) for various environmental violations by its project at Sushant Lok Phase-I, Gurgaon.
NICL picks Cognizant for accelerating, managing its digital transformation. NICL is one of India's leading public sector general insurance companies
Cost pressure may spike default rates among lower-rated firms: Crisil. Sub-investment grade MSMEs are at high risk; sunset for pandemic-induced relief measures to have a bearing too
Auto service firm GoMechanic launches Rs 30 cr partner stock option scheme. Programme, which covers workshops, retailers, distributors and consultants pan-India, will have a 4-year vesting duration with yearly vesting at 25% and a cliff period of a year
Britannia Industries' shareholders reject Rs 5,000 cr investment proposal. Britannia Industries' shareholders have voted against a resolution to authorise the board to make investments, give loans and provide guarantees of up to Rs 5,000 crore in the AGM concluded last week
ClimateTech firm Climes raises .2 mn seed capital from Sequoia, others. The company's tech allows consumer-facing brands to turn climate-positive in a matter of hours. Its tech-stack integrates seamlessly with the checkout pages of everyday consumer brands
Apple responds after Hannah Rose May's claim of being tracked by AirTag. After Irish actor and author Hannah Rose May claimed that she was tracked by an AirTag, Apple said it is "actively collaborating with law enforcement on all AirTag-related inquiries"
Samsung likely to log bn in profit on robust chip business in Q2. Samsung Electronics is expected to report more than 15 per cent rise in operating profit for the second quarter, helped by strong semiconductor business, a report showed
Insurtech startup Ensuredit raises .2 mn from Cover Genius, others. Insurtech startup Ensuredit has raised USD 4.2 million (about Rs 33 crore) in a Pre-Series-A round led by Cover Genius, 9Unicorns, NexStep Discovery, CP Ventures, Venture Catalysts and IPV
Bajaj Auto looks to sell its e-scooter Chetak from 75 locations in FY23. Witnessing a robust demand for its electric scooter Chetak, Bajaj Auto plans to scale up the sales infrastructure for the model to 75 locations across the country in the current fiscal.
Delhi-Dubai flight diverted due to fuel indicator malfunction: SpiceJet. Passengers have been served refreshments, a replacement aircraft is being sent to Karachi that will take the passengers to Dubai, says SpiceJet
HC upholds disqualification of Tata Motors from e-buses tender process. The Bombay High Court on Tuesday upheld the decision of the Brihanmumbai Electric Supply and Transport Undertaking to disqualify Tata Motors from a tender bid for operating electric buses in the city
Shoppers Stop to add 12 new stores in FY23; to focus on private labels. Retail chain Shoppers Stop Ltd has plans to launch 12 new stores in FY23, primarily in tier-2 and tier-3 cities, and will continue to invest in store renovations. Shoppers Stop plans to increase the share of new and refurbished stores to over 50 per cent i
Indian Energy Exchange power trade volume grows 17% to 8,267 MU in June. Indian Energy Exchange has registered a 17 per cent year-on-year growth in trade volume to 8,267 million units (MU) in June. Power trade volume stood at 7,093 MU Indian Energy Exchange (IEX) in the year-ago period. "The Indian Energy Exchange achieved 8,26
Facilitated Rs 3,600 cr loans in Q1FY23, up 112% QoQ, says BharatPe. Helped disbursals to over 120,000 merchants in Q1FY23, up from 66,000 merchants in Q4FY22
NTPC mines 61% more coal at 4.22 mn metric tonnes in April-June. NTPC on Tuesday said that its coal output grew by 61 per cent to Rs 42.40 lakh metric tonnes in April-June quarter from 26.40 lakh metric tonnes (MT) in the same period a year ago.
Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output. Tata Steel said domestic despatches were up 5% YoY, leveraging a strong marketing network and an agile business model
Dabur's Burman family becomes official promoter of Eveready Industries. FMCG firm Dabur India promoter Burman family has now become promoter of Eveready Industries, according to a regulatory filing by the Kolkata-based flashlight and battery maker. Entities belonging to the family -- Puran Associates, VIC Enterprises, MB Finma
Marico reports mid-single-digit volume decline in domestic mkt in Apr-Jun. Marico reported a volume decline "in mid-single digits" in its India business, as the sector continued to witness "tepid demand" as rising retail inflation exerted pressure on the share of wallet
HDFC ties up with Salesforce to 'reimagine the customer lifecycle'. Mortgage lender HDFC Ltd on Tuesday said it has partnered with software firm Salesforce to support the company's growth priorities. HDFC wanted to build the next generation of integration backbone, to easily connect backend and frontend systems including S
Tata Steel to work 'expeditiously' to restart NINL, expand capacity. Tata Steel on Monday said it will work "expeditiously" to restart NINL and simultaneously draw a plan to expand its capacity to produce 4.5 MTPA long products complex in the next few years.
Tata Steel completes Rs 12,100 cr acquisition of NINL via step-down arm. Apart from a 1.1 mt plant, Neelachal Ispat Nigam has iron ore mines with reserves of 90 million tonnes and 2,500 acres of land providing scope for future expansion
2021 start-up ranking: Gujarat, Karnataka emerges as best performers. Top performers among the larger states include Kerala, Maharashtra, Odisha and Telangana
Vedanta aluminium output rises by 3% to 565,000 tonnes in Apr-Jun. Mining giant Vedanta Ltd on Monday reported a 3 per cent increase in its aluminium production to 5,65,000 tonnes in the April-June quarter of the ongoing fiscal. The company had produced 5,49,000 tonnes of aluminium in the corresponding quarter of the prev
Tata Motors targets five-fold rise in electric vehicle sales by FY24. Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran
PNB raises Rs 2,000 crore via AT1 capital bonds at lower rate of 8.75%. Gains from easing bond yields worldwide; better rate comes against indicative yield of 9-9.25%
Shareholders turn down Reliance Power's asset monetisation plan. A report by Institutional Investor Advisory Services (IiAS) last month says that the company has defaulted on loans to the tune of Rs 3,561 crore as on March 31, 2022
LIC to hold first AGM on Sept 27 via video-conference, other AV means. LIC Board sets August 26 as record date for dividend payment, approves investment in proposed rights issue of LIC (Nepal) Ltd
AEL lowest bidder in CIL's maiden import tender, miner may negotiate price. Adani Enterprises has emerged as the lowest bidder in Coal India's tender for imports of the dry fuel with quoting over Rs 4,000 crore for supply of 2.416 million tonne, sources said
Adani Enterprises lowest bidder in Coal India's import tender: Report. A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting
Demand for CXOs doubles as companies race to hire top executives: Report. The firms are also hiring more leaders at top roles as companies are also reportedly weeding out CXOs who did not meet their performance targets
Office leasing rises 2.5 fold in Apr-Jun across 6 cities: Colliers India. Gross leasing of office space jumped over 2.5 fold annually in April-June across six major cities at 14.7 million square feet on lower base effect and rise in demand from corporates
Iron Pillar to raise 0 mn to empower Indian tech startups: Report. Leading investment company Iron Pillar, which backs tech startups in India, is reportedly raising nearly 0 million to further help boost the country's startup ecosystem
NTPC clocks 21.7% growth in power generation at 104.4 bn units in June qtr. State-run power giant NTPC Ltd on Monday said it has registered a 21.7% growth in electricity generation at 104.4 billion units (BU) in the April-June quarter of this financial year
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