NSE share market NEWS tomorrow (20 June, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 June 2022
Pidilite Industries was amongst the top gainers, currently trading at 2106.65 in NSE with 1.08 times change in volumes and 5.361% change in price. Other gainers included Godrej Consumer with 4.646% price change and 0.574 times volumes, Tube Invest with 4.081% price change and 0.149 times volumes, Hindustan Unilever with 4.049% price change and 0.622 times volumes, and Dabur India with 3.343% price change and 0.724 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.
Vedanta was amongst the top losers, currently trading at 230.45 in NSE with 3.542 times change in volumes and -12.692% change in price. Other losers included Bandhan Bank with -11.711% price change and 2.097 times volumes, Bharat Dynamics with -11.39% price change and 2.317 times volumes, Oil India with -10.858% price change and 1.859 times volumes, and Himachal Futuristic with -9.556% price change and 1.55 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.
GIC Re part of Rs 500-crore insurance pool to cover imports from Russia. While it will be called the fertiliser pool with a corpus of Rs 500 crore, it can be used to cover the risks of oil and gas imports too
Morgan Stanley Investment Funds offloads Rs 105-cr shares of Happiest Minds. The shares were disposed of at an average price of Rs 800 apiece, valuing the transaction to Rs 105.12 crore
What does Ashish Khanna of Tata Power say about India's renewable target?. In a chat with Business Standard's S Dinakar, president of Tata Power Renewables Ashish Khanna tells about how the company is gearing up to meet the challenge facing India's ambitious energy targets
Sequoia Capital asks court to dismiss lawsuit by its former counsel. Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2
Mahindra Group announce to recruit Agniveers amid Agnipath protests. Saddened by the violence around the Agnipath scheme, Mahindra Group Chairman Anand Mahindra on Monday announced to recruit "trained and capable" Agniveers
Air India prepares one of the largest aircraft deals in aviation history. Air India is looking to buy as many as 300 jets, which may be Airbus SE's A320neo family jets or Boeing Co.'s 737 Max models, or a mix of both
Vedanta Ltd invites EoI to sell Sterlite Copper plant in Thoothukudi. Sterlite Copper had claimed that the production halt at its Thoothukudi unit had led to a loss of over .2 billion to the country
Fitch enhances ratings of 13 Indian firms to 'moderate downgrade risk'. These companies are either govt-related entities (GREs) with ratings linked to the sovereign rating or pvt entities whose ratings would be downgraded if India's Country Ceiling was lowered to 'BB+'
Centre gets multiple bids for privatisation of Ferro Scrap Nigam Ltd. The eligibility criterion for bidders included a mandatory net worth of at least Rs 150 crore and a PAT in at least two of the immediately preceding five financial years
Kia Sonet surpasses cumulative sales milestone of 150,000 units in 2 years. Automaker Kia India on Monday said its compact SUV Kia Sonet has crossed the cumulative sales milestone of 1.5 lakh units since launch in September 2020. The model has contributed over 32 per cent of the company's total sales and commands almost 15 per cen
VIL board meeting on Jun 22 to consider Rs 500-cr fundraising from promoter. The fundraising will be through the issuance of equity shares or convertible warrants on a preferential basis to one or more entities belonging to Vodafone Group (one of the promoters of the company).
Imposing duty on steel items a knee-jerk action for industry: ISSDA chief. The government's objective behind the move was to cool down steel prices. However, the prices anyway had started showing a downward trend, the industry expert said.
Kamdhenu demerges paints biz; to list new entity Kamdhenu Ventures in Q2. Post demerger, Kamdhenu Ltd will continue to focus on steel business, while Kamdhenu Ventures Limited will expand the paints business
Auto ancillaries' revenue may grow 8%-10% in FY23 on stable demand: Icra. The revenues are expected to grow 8-10 per cent in 2022-23 on the back of a stable demand and likely easing of supply-chain concerns in the second half of the year, Icra said.
About 50% of Ford's Chennai employees agree to restart production: Official. Unions refute claim, say only 350-odd employees are heading back to shopfloor
Telcos flag concerns about captive network issue ahead of 5G auction. The auction related pre-bid conference was attended by telecom operators Reliance Jio, Bharti Airtel and Vodafone Idea
DBS Bank India acquires 9.9% in NBFC Svakarma Finance for undisclosed sum. DBS Bank India said the stake buy in Svakarma will help in delivering relevant financial solutions to the micro-enterprises through a combination of direct lending and co-lending
Tata Steel buys coal from Russia weeks after vowing to cut ties: Report. Tata Steel bought 75,000 tonnes of Russian coal in May; company pledged to cut business ties with Russia in April; Tata Steel says coal import deal struck before April decision
BSES to install 5 mn smart meters across Delhi in country's largest rollout. Floats tender worth Rs 4,000 crore to procure the meters; installation to start by October
Kotak Investment Advisors, AIDA form 0 mn realty fund for office spaces. This is Kotak Investment Advisors's 12th real estate fund and with it, the firm has so far raised, managed, or advised over .8 billion under its real estate fund series
Second-sale realty broker Settlin raises mn in pre-series A round. Powerhouse Ventures, Rajesh Sawhney-founded GSF Fund, and Bharat Matrimony founder among investors; funds to be used for expanding within Bengaluru
Vodafone Idea board to consider Rs 500-cr fundraising on Wednesday. The infusion, the second in two months, comes ahead of the 5G spectrum auction that will see Indian telecom companies battle for airwaves in multiple bands
IDBI Bank puts properties of Great India Tamasha Company on sale. According to a public notice issued by IDBI Bank, the immovable properties, which will be sold through e-auction next month, are located in Karnataka's Kodagu district
Millions of customers shopped during End Of Season Sale event: Flipkart. Flipkart said it saw a resurgence in consumption and a drastic increase in engagement post the pandemic during the company's End of Season Sale
Marzin R Shroff to step down as MD & CEO of Eureka Forbes in August. Will move to a new role as a senior advisor to both Eureka Forbes and Advent International
Air India's best years have yet to come: CEO-designate Campbell Wilson. Former CEO of no-frills carrier Scoot visits Air India's Delhi office; will take charge formally after completion of formalities
Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers. Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares
Ex-AWS engineer convicted of hacking data of 100 million customers. A former AWS engineer has been found guilty of hacking into more than 100 million customers' cloud storage systems and stealing data linked to the 2019 Capital One breach
Wipro Lighting merges commercial lighting, seating solutions businesses. Wipro Lighting on Sunday announced the creation of a new business unit combining Commercial Lighting and Seating solutions
Sequoia India asks court to dismiss lawsuit by its former counsel. Sequoia has been locked in a legal battle with Sandeep Kapoor, after he included the company in a defamation lawsuit against media companies that reported on a leaked Sequoia email of June 2
AI reorganising itself under Tatas; won't comment on A350 order: Airbus CCO. India has decided to procure its maiden batch of wide-bodied A350 aircraft from Airbus and the first plane is likely to be delivered to the airline by March 2023
SpiceJet's engine catches fire mid-air, makes emergency landing in Patna. The pilots suspected a bird hit, but they continued the climb as the sensors inside the aircraft didn't give any indication of engine fire
Oil ministry proposes higher age limit, shorter tenure for ONGC chairman. The ministry has proposed that any candidate to be eligible for consideration should not be more than 60 years of age on the date of occurrence of vacancy
IndiGo starts new direct flight operations between Mangaluru and Mumbai. The daily flight leaves Mumbai at 8.50 AM and reaches Mangaluru at 10.20 AM; the flight leaves Mangaluru at 11 AM to reach Mumbai at 12.40 PM
Zilingo's co-founders make surprise buyout offer for startup: Report. The move comes as Zilingo's board is scheduled to meet on Monday to discuss the future of the company, according to people with knowledge of the matter
L&T Infotech-Mindtree merger likely by December, says LTI COO. The amalgamation process of Larsen & Toubro Infotech (LTI) and Mindtree is likely to be completed by December, and during this period, both the companies will continue to operate independently, a senior official said. The two subsidiaries of Larsen & Toubr
Not easy for airline to turn profitable in India, says IATA official. Philip Goh, Regional Vice President for Asia Pacific of International Air Transport Association, made the remarks during a press conference at the 78th annual general of the global airlines meet
Will be happy if fare caps are increased: Vistara CEO Vinod Kannan. The civil aviation ministry had imposed lower and upper limits on domestic airfares based on flight duration on May 25, 2020
Goodbye to petrol two-wheelers by 2025! Ola building core tech for e-car. SoftBank-backed Ola said it uses proprietary artificial intelligence for optimal performance
AI considering procuring over 200 new planes; 70% to be narrow-bodied jets. While Air India has zeroed in on Airbus's A350 wide-bodied aircraft for the procurement, the talks with Airbus and Boeing for narrow-bodied aircraft is still on, say aviation industry sources
Triumph Motorcycles India aims to increase market share to 25% in 12 months. Triumph Motorcycles India has seen a growth of 30 per cent in the last 12 months, with sales of "a little over" 1,200 units, he said
Edtech platform Unacademy lays off 2.6% employees due to poor performance. Edtech platform Unacademy on Saturday said that a small fraction of its workforce (2.6 per cent) has been asked to go as part of performance improvement programme (PIP)
Indian Hume Pipe Co receives Rs 110 crore work order in Rajasthan. Indian Hume Pipe Co Ltd on Saturday said it has bagged a Rs 110-crore pipe order in Rajasthan. In a statement, the company said it has secured the work order from the Public Health Engineering Department (PHED), Ajmer. "It is for Cluster Water Supply Proje
Adani Wilmar slashes edible oil prices by Rs 10 on govt's import duty move. Adani Wilmar has reduced the maximum retail price (MRP) of Fortune refined Sunflower oil's 1-litre pack to Rs 210 from Rs 220, the company said in a statement.
HDFC Life Insurance to raise up to Rs 350 crore debt capital via bonds. The bonds will be listed on wholesale debt market segment of NSE
Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming. DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr
LTI's net headcount set to go up this year, sees no decline in demand. LTI closed FY22 with a total headcount of 46,648 and the addition in the last financial year was more than what it had seen in the previous two years
Burmans to pay out shareholders, induct directors on Eveready board by July. On Thursday, the open offer in Eveready by Burman entities closed with the Burmans acquiring 14.3% shares. The total holding of the in the company now stands at 38.3%
Bombay HC turns down Dish TV plea in ownership row with YES Bank. YES Bank has over 440 million shares (or around 25 per cent) in the direct-to-home company and has been seeking a change in management for some time now
Sebamed ad case: Bombay HC rules in favour of Hindustan Unilever. The HC ruled that Sebamed's advertising campaign is disparaging
Logistics firm Delhivery to provide same-day delivery in 15 cities. Service will improve consumer experience and reduce return rates, says company that recently launched an IPO
Cipla to acquire 21% stake in diagnostic company Achira Labs for Rs 25 cr. The company has signed definitive agreements with Achira Labs for the purpose, Cipla said in a regulatory filing
PTC India, Greenstat ink pact to develop green hydrogen solutions. Greenstat Hydrogen India Pvt Ltd (GHIPL) is a subsidiary of Norwegian energy company Greenstat ASA, PTC India said in a statement
Infosys goes all out to retain talent, increases promotions, ESOP coverage. The IT industry, facing an alarming rate of attrition, has been doubling down on reskilling and retaining talent using various monetary and non-monetary compensations
Sequoia India grapples with fallout from several governance issues. The Silicon Valley firm has invested .5 billion in India and, since 2017
Maruti Suzuki invests Rs 2 cr in AI startup Sociograph Solutions. The country's largest carmaker Maruti Suzuki India on Friday said it has invested around Rs 2 crore in Sociograph Solutions Pvt Ltd (SSPL), a startup specialising in artificial intelligence. The investment is part of the company's MAIL initiative to suppor
Godrej group, IIT-M alumni start-up Tvasta start 3D construction printing. 3D construction printing tech will be used to develop various sustainable infra projects, housing solutions, disaster relief structures, national defence related applications
Vijay Shekhar Sharma buys 170,000 shares of Paytm worth Rs 11 cr. On May 30, Sharma bought 1,00,552 shares worth Rs 6.31 crore and on May 31, he bought 71,469 shares worth Rs 4.68 crore
Mahindra Group appoints new chief group officer for public affairs. Abanti Sankaranarayanan will be part of the group executive board, reporting to the CEO
PSA-Sical gets apex court relief in Royalty dispute with VOC Port. Supreme Court orders shipping ministry and Chidambaranar Port Trust to maintain status quo, restrains port authorities from taking any action against the firm
Why Reliance opted out of TV rights in battle for IPL media rights. Viacom18 paid 238 billion rupees (.1 billion) for the rights to stream the IPL tournament, one of the world's most-watched sporting events, almost on par with what Disney shelled out
TVS owned Norton Motorcycles plans electric range production in UK. The iconic British motorcycle maker, now owned by India's TVS Motor Co., will work with six UK partners including Delta Cosworth, HiSpeed Ltd
Protest held in Sri Lankan capital against proposed wind project by Adani. The 500 MW wind mill project caused much storm after last week's parliamentary oversight committee proceedings
Comply with norms on display of nutritional value: FSSAI to Swiggy, Zomato. FSSAI had come out with labelling and display regulations in 2020 for food service firms
Burmans acquires 14.3% stake in Eveready Industries through open offer. With this, Burmans' holding in the company stands at 38.3%
HDFC invokes 50 lakh pledged shares of Ansal Housing for recovery of dues. The country's largest mortgage lender HDFC on Thursday said it has invoked 50 lakh pledged shares of Ansal Housing as part of recovery of its outstanding dues from the developer. Ansal Housing is engaged in the business of construction and development of r
Glenmark drug for treating uncontrolled asthma gets Indian regulator's nod. Company says treatment will be affordable and improve lung function of patients
Jio adds 1.68 mn mobile subscribers in April; Airtel gains 810,000 users. Vodafone Idea lost about 15.7 lakh mobile subscribers during April 2022, the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI) on Thursday showed.
Aviation stocks: SpiceJet tumbles 7%; IndiGo tanks over 5% over ATF rise. Shares of aviation firms SpiceJet and InterGlobe Aviation came under heavy selling on Thursday after ATF prices were raised to a record high.
AlphaSense looks to increase India presence, raises 5 mn in funding. The firm said its annual recurring revenue (ARR) now exceeds 0 million
ShareChat raises 5 mn from Google, Times Group, others; valued at bn. ShareChat (Mohalla Tech) in a statement said it has closed multi-tranche funding round through which it raised a total of USD 520 million and reached USD 5 billion in valuation.
TCS, HDFC Bank, Infy and LIC among Kantar's global 100 most valuable firms. Infosys made its debut to the list at 64th position at a brand value of ,551 billion, up 33 per cent
Tesla CEO Musk appeals ruling that upheld securities fraud settlement. Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk's tweets claiming that he had the funding to take Tesla private in 2018.
5G spectrum auction: DoT invites players for pre-bid conference on June 20. The pre-bid conference is the first major event in the detailed auction timetable that is mentioned in the bid document.
ShareChat's valuation crosses bn after closing 0 mn funding round. Social media company raises 5 mn from Google, Times Group and existing investors
Hyundai Motors working on compact, affordable electric car for India. Hyundai plans to invest in launch electric vehicles in India by 2028, making a clean energy drive in a country with some of the most polluted cities in the world
Will make IPL available to every Indian, says Viacom18 after bid win. Globally, Viacom18 has won television as well as digital rights in three (Australia, South Africa, UK) out of five international territories, including major cricketing nations
Top headlines: IBBI amends rules, yield curve inverts in the US, and more. As investors and the bond market brace for a sharp hike in policy rate by central banks to fight inflation, the yield curve has inverted in the US
HDFC in final stage of selling 4 large, stressed accounts before the merger. The four distressed accounts include Subhash Chandra-promoted Siti Networks
Unicommerce to increase manpower by 50%, hire 150 employees in FY23. E-commerce-focussed IT firm Unicommerce on Wednesday said it will increase manpower by 50 per cent by adding over 150 team members in 2022-23
Ex-BharatPe MD Ashneer Grover to raise 0-300 million for new venture. Ashneer Grover, who is currently in the US, may sell his BharatPe stake or raise fresh capital by issuing a stake in the new company
Catch 22: Airlines want a 15% hike in airfares but fear a drop in traffic. In the nine hikes since January 1, the jet fuel prices have been increased by Rs 49,017.8 per kl or nearly 55%
Strides Pharma arm gets EU-GMP certification for 2 facilities from Hungary. Strides Pharma Science on Thursday said its subsidiary has received EU-GMP certification for two of its manufacturing facilities from Hungary's National Institute of Pharmacy and Nutrition
Glenmark Pharma launches first FDC drug Indamet for asthma patients. Glenmark Pharmaceuticals on Thursday said it has launched a novel fixed-dose combination (FDC) drug in the country for patients with uncontrolled asthma. The Mumbai-based drug major has launched - Indacaterol + Mometasone FDC under the brand name Indamet.
Akasa Air takes delivery of first 737 Max aircraft from Boeing in US. New airline Akasa Air on Thursday took delivery of the first 737 Max aircraft from Boeing in Seattle, USA, a statement said
Karnataka HC reserves judgment on Xiaomi plea challenging ED's seizure. Karnataka High Court has reserved its judgment in a petition by Chinese firm Xiaomi against the seizure of Rs 5,551.27 crore from its bank accounts by the Enforcement Directorate (ED)
Agro company CFO arrested for duping investor of Rs 117 cr in Mumbai. The Mumbai police's Economic Offences Wing has arrested the chief financial officer (CFO) of an agro company for allegedly duping an investor for Rs 117 crore, an official said on Thursday
Retail businesses grow 24% in May against pre-pandemic level: Report. The retail businesses across India witnessed a growth of 24% in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI
IRB Infra arm achieves financial closure for Rs 6,538-cr project in UP. A consortium of lenders extended financial support of Rs 2,659 crore for the six-lane greenfield expressway corridor of 129.700 km (expandable to eight lanes) between Meerut and Budaun in UP
Tata Power to buy coal worth Rs 12,000 cr from Indonesian mine. Related party transaction will require shareholder approval, says Indian company
Indian private equity investments reach bn in 2,000 deals in 2021. Indian investments grew by 96 per cent over 2020 (excluding the mega deals of Jio Platforms and Reliance Retail).
China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors. Semiconductor shortage has 'disproportionately adverse impact' on UK subsidiary, says Indian company in annual report
GE arm buys 49% stake in Continuum's onshore wind project in Gujarat. This transaction marks GE EFS' first onshore wind equity investment in Gujarat through a structured preferred equity solution, the company said in a statement
Edtech unicorn Upgrad doubles valuation with 5-mn funding round. India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to .25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC
ReNew Power's loss narrows to Rs 355 cr in March qtr due to high revenues. Net loss in the year-ago period was Rs 393.9 crore, a company statement said
Indo-German startup Nunam deploys Audi's used batteries in e-rickshaws. The startup's primary goal is to develop ways to use old batteries as second-life power storage systems, thus extending their lives and using resources more efficiently
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