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NSE share market NEWS tomorrow (31 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (31 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 31 May 2022

Pg Electroplast was amongst the top gainers, currently trading at 886.25 in NSE with 2.797 times change in volumes and 13.863% change in price. Other gainers included Central Depo with 11.967% price change and 10.001 times volumes, Bse with 9.702% price change and 3.523 times volumes, Info Edge with 9.441% price change and 4.661 times volumes, and Computer Age with 9.344% price change and 4.209 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 1888.95 in NSE with 19.861 times change in volumes and -12.209% change in price. Other losers included Glenmark Pharmaceuticals with -3.883% price change and 1.549 times volumes, Pb Fintech with -3.756% price change and 6.683 times volumes, Godrej Consumer with -3.71% price change and 6.603 times volumes, and Au Small with -3.449% price change and 12.64 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.

LIC booked Rs 42,000 cr profit from equity markets in FY22, up 16% YoY. The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective

Ashneer Grover tells VC firms to 'right size' before advising startups. Ashneer Grover, co-founder and former managing director of fintech platform BharatPe, has advised venture capital and investment firms to first think about "right-sizing" themselves in the wake of current economic slowdown before telling their portfolio co

Registration of properties in Mumbai city up 78% in May at 9,523 units. Registration of properties in Mumbai municipal area rose by 78 per cent year-on-year to 9,523 units during this month, according to property consultant Knight Frank India. As many as 5,360 properties were registered in Mumbai city (BMC area) during May 202

Determination of LIC's embedded value likely to be completed by June 30: MD. The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business.

Tech giants accuse Indian agencies of ignorance in Xiaomi spat. While the lobby group's letter to ICEA didn't name the Xiaomi case specifically, it warned that accusing companies of illegal royalty payments could have a 'chilling effect' on business in the country

Cargo handling by Essar Vizag port up by 10% YoY to 1.3 mn tonnes in Apr. Surge in traffic marks the uptick in Indian steel sector, a major contributor to India's manufacturing output

Campus Activewear Q4 net profit up three-fold to Rs 39.6 crore. Campus Activewear Ltd on Tuesday reported over three-fold increase in its consolidated net profit at Rs 39.60 crore for the fourth quarter ended March 2022. The shoemaker, which was listed on BSE earlier this month, had posted a net profit of Rs 10.01 cror

5 days after arrest, Bhosale sent to CBI custody till June 8 in graft case. Avinash Bhosale was arrested on Thursday (May 26) by the central probe agency, which suspects illicit funds were routed through several real estate firms based in Maharashtra.

NHAI likely to award highways contracts for 6,500 kms this fiscal: Official. The authority also remained confident of achieving its goal of constructing 5,000 km of national highways during the current fiscal, NHAI chairperson Alka Upadhyaya said.

Online searches on Magicbricks portal for rental housing up 16% in Jan-Mar. The pan-India rental rates witnessed a growth of 4 per cent QoQ, displaying improved strength of the rental housing market in the country.

Myntra gets master distribution rights for US fashion brand 'bebe' in India. As part of the licensing agreement, Myntra will assist bebe with wholesale distribution through a network of independent third-party franchise partners and distributors.

SUGAR Cosmetics closes million series D funding led by L Catterton. L Catterton has significant experience investing globally in the beauty and personal care space

Top headlines: Voda-Idea to raise funds, Sun Pharma Q4 loss, and more. From Sun Pharma posting loss in Q4 to Vodafone-Idea engaging in talks to raise funds, here are the top headlines on Tuesday morning

Uber Eats-Amita Gupta case calls for gig worker law reform: Study. The sacking of Indian-origin Amita Gupta by Uber Eats for allegedly arriving 10 minutes late for a delivery has highlighted the need to provide basic employment rights to gig workers, a new study said

Zoomcar expects to achieve profitability in India by this year-end. Car sharing platform Zoomcar said it expects to achieve profitability in India by this calendar year-end, on the back of strong organic growth

Attero to spend billlion over 5 years on battery recycling plants. With the billion investment, Attero is seeking to recycle over 300,000 metric tons of lithium-ion battery waste annually by 2027

TechEagle collabs with India Post to deliver mail through drone in Gujarat. Gurugram-based startup TechEagle said its drone has successfully delivered a mail in Gujarat under a pilot project in collaboration with India Post

StrideOne raises Rs 250 cr to help startups meet financing needs. Financial services platform for startups StrideOne on Tuesday said it has raised Rs 250 crore via a mix of equity (led by Elevar Equity) and debt from banks.

Ingka-owned IKEA India to launch first store in Bengaluru on June 22. IKEA India (part of the Ingka Group), Swedish home furnishings retailer, said it will launch its first store in the city, on June 22

Nearly half of insolvency proceedings led to liquidation rather than rescue. IBBI latest data suggest only 14 per cent yielded resolution plans since the inception of IBC

ITC Infotech eyes 0 mn revenue over five years from new business unit. Last month, ITC Infotech said it would be acquiring a part of PTC's product lifecycle management (PLM) implementation services business and create a new business unit, DxP Services

Coffee Day Enterprises reports Q4 consolidated net profit at Rs 58.67 cr. Coffee Day Enterprises Ltd has reported a consolidated net profit of Rs 58.67 crore for the fourth quarter ended March 2022

Japan's Chubu Electric to buy 20% stake in India's OMC Power for mn. Japan's Chubu Electric Power Co Inc said it will spend up to 5 billion yen ( million) to buy a 20% stake in India's rural renewable energy service company, OMC Power Private Ltd

Kinara Capital plans to add 700 employees by November. Kinara Capital, a fintech company serving Micro, Small and Medium Enterprises (MSMEs), said on Tuesday it plans to add 700 employees across its 125 branches and Bengaluru head office within the next six months. It said job opportunities are available at al

Mensa Brands is profitable with net revenue run rate of Rs 1,500 cr. The Ananth Narayanan-led firm achieved this in the first 12 months of operations and it has plans to hire 700 employees in 2022

Mandatory 6 airbags to hit small car market adversely, says Maruti. The auto major noted that the regulation would largely impact the cost-sensitive entry-level car segment -- which has been facing headwinds and witnessing dwindling sales over the last three years

Apple may not announce its mixed reality headset at WWDC this year. In a series of tweets, Apple analyst Ming-Chi Kuo mentioned that he expects the tech giant's headset to launch in 2023.

Private telcos to hike tariffs in H2; FY23 revenues to jump by 25%: Report. A growth in average revenue per user is essential for the industry to invest in the network and spectrum, and if they do not do so, it can result in poor service offerings, Crisil said in a report

Alternative data insights startup Synaptic raises mn from Valor. Synaptic is used by leading venture capital and private equity firms, Hedge Funds, and Asset Managers globally with combined assets of several hundred billion dollars

Religare Enterprises, Religare Finvest settle Sebi case; pay Rs 10.5 cr. The order came after the two companies filed an application with Sebi proposing to settle the regulatory violations "without admitting or denying the findings" through a settlement order.

Flipkart clocks over 200 mn fashion products in Spring-Summer of 2022. Season saw a resurgence in consumption on renewed economic recovery post-pandemic

LIC shares decline over 3% to hit record low after Q4 net slips 18%. Shares of LIC on Tuesday declined over 3 per cent after the company posted a 17 per cent decline in consolidated net profit for the fourth quarter ended in March 2022. The stock declined 3.05 per cent to settle at Rs 811.50 on the BSE. During the day, it t

Core sector output expands by 8.4% in April vs 4.9% in March: Govt data. The output of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity had expanded by 4.9 per cent in March 2022.

Sweden's IKEA to open large-format store in Bengaluru on June 22. The large-format store, spread over 12.2 acres (460,000 square feet), will be connected to the Nagasandra metro station and have over 7,000 affordable and sustainable home furnishing IKEA products

Byju's COO Mrinal Mohit may head India ops as Raveendran focuses on global. Founder may look at the US and Middle East, has been meeting investors and potential acquisition target firms there, say sources

Top headlines: LIC Q4 PAT declines 18%; TaMo to acquire Ford's Sanand plant. Business Standard brings you the top headlines on Monday

Sun Pharma posts Rs 2,277 cr Q4 loss over settlement of pending US lawsuits. Provides for the settlement charges, says adjusted profit for Q4FY22 at Rs 1582 cr, up 18% YoY after excluding exceptional items of Rs 3,935.7 cr and one-time tax gain of Rs 76.4 cr

IRCTC Q4 net profit jumps 106%, firm declares dividend of Rs 1.5. IRCTC's revenue from operations soared 103% to Rs 691 crore in the March quarter

Jubilant to double injectable capacity in US at a cost of 3 mn. Signs agreement with US biomedical dept

Vodafone Idea in talks with Amazon, PEs for Rs 20,000 cr investment. Vodafone Idea needs the money for capex and to bid for 5G auctions

M&M to invest Rs 15,300 cr to fortify position in auto, farm eqpt and EVs. Mahindra is eyeing a pole position in SUVs in volume terms - a place it held three years ago

LIC's Q4 net profit falls 18% to Rs 2,372 cr, firm declares Rs 1.5 dividend. In FY22, LIC reported a net profit of Rs 4,043.12 crore from Rs 2,900.56 crore in FY21, up 39.4 per cent on a year-on-year (YoY) basis

ONGC board has 'best persons' in upstream sector to head company: Chairman. ONGC is without a regular chairman since March-end 2021.

Adani Enterprises seen replacing Shree Cement in Nifty 50 index. Analysts say AEL meets all requirements to make it to the benchmark index. Inclusion will be a big boost for the stock, resulting in passive inflows of 3 million

Rs 10 lakh fine on SpiceJet for training 737 Max pilots on faulty simulator. After barring the pilots, the regulator had issued a show-cause notice to the airline.

Centre garners Rs 471 crore from stake sale in Paradeep Phosphates. The sale would help Centre to inch towards its Rs 65,000 crore divestment target for financial year 2022-23

DGCA fines SpiceJet Rs 10 lakh for training pilots on faulty simulator. This is the third time that the regulator has imposed a financial penalty on operators for violation of rules after being empowered to do so

Tata Motors to charge up its EV business with Ford Sanand plant buy. TaMo to take over land, plant building, machinery, and vehicle assembly along with all workers employed by the unit

Rise in third party insurance premium to impact two-wheeler industry: TVS. The automobile industry has been impacted by a series of headwinds, leading to a steady increase in two-wheeler prices, TVS Motor Company Director and CEO K N Radhakrishnan said in a statement

Radico Khaitan net declines 32% to Rs 50 cr in Q4; sales up by 9.4%. The company had posted a consolidated net profit of Rs 73.53 crore in the January-March quarter a year ago, Radico Khaitan said in a BSE filing

Sun Pharma eyes high single digit top line growth in FY23: Dilip Shanghvi. Drug major Sun Pharma on Monday said it expects high single-digit top-line growth in the current financial year with all its business verticals well placed to lead the charge. The company, which posted revenues of Rs 38,426 crore in FY22, aims to invest 7-

Rs 3.7K cr project given to Jio, Airtel for 4G services in untapped areas. The government has allocated a project worth Rs 3,683 crore for providing 4G mobile services in uncovered villages of aspirational districts, an official source said on Monday. Under the project, Bharti Airtel will install 1,083 mobile towers with an expen

Bounce Infinity ties up with BPCL to set up battery swapping infrastructure. Electric mobility player Bounce Infinity on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) for setting up battery swapping infrastructure at fuel stations of the public sector oil major. The battery swapping service starting from

Agritech startup Nutrifresh raises mn to scale up chemical-free farm ops. Co-founded by two Agripreneurs, Nutrifresh aims to provide consistent pesticide-free hydroponic produce that is nutrient-rich for the Indian consumer

Implementation of Jet resolution plan subject to outcome of order: NCLAT. Insolvency appellate tribunal NCLAT said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it.

Wockhardt Q4 loss widens to Rs 311 crore even as income rises marginally. Pharmaceuticals firm Wockhardt Ltd on Monday reported widening of consolidated net loss to Rs 311 crore in the fourth quarter ended March 31, 2022.

Aurobindo Pharma Q4 net profit falls 28% to Rs 576 cr; revenue dips 3%. Aurobindo Pharma Ltd on Monday reported a 28 per cent decline in its consolidated net profit at Rs 576.14 crore in the fourth quarter ended March 2022.

Riverwalk Holdings launches Rs 150 cr fund for investing in Indian startups. Venture capital fund Riverwalk Holdings has launched a Rs 150 crore-fund that will focus on early-stage funding of startups in India. The fund is anchored by the Singapore-based Thakral Group and has been backed by leading business houses across India and

Mohalla Tech's valuation may cross billion after raising 0 million. The parent company behind short-video platform Moj and regional social network ShareChat, is in the process of raising about 0 million in fresh funding from Alphabet Inc's Google and Singapore's Te

Dish TV posts Rs 2,032 cr loss for Q4, revenue down 14.5% to Rs 642.70 cr. Direct-to-home firm Dish TV India reported widening of its consolidated net loss to Rs 2,031.99 cr for Q4 Direct-to-home firm Dish TV India reported widening of its consolidated net loss to Rs 2,031.9

Design operations platform Cubyts gets seed funding of .8 million. Cubyts' key offerings include deploying team-wide design processes and enable teams to confidently run design projects

Amazon Prime signs licensing deal with film producer Sajid Nadiadwala. The latter owns production house Nadiadwala Grandson Entertainment (NGE), which has released films such as Housefull, Baaghi and Kick

Delhivery Q4 net loss nearly flat at Rs 120 cr, revenue rises 106%. Express parcel volumes grew by 101%, far outstripping the industry volume growth of approximately 40%, the company said

Rising inflation has led to marked slowdown in growth rates: HUL Chairman. HUL also said that notwithstanding these near-term challenges, the Indian FMCG sector offers significant potential for growth

Tata Motors to takeover Sanand plant; signs MoU with Ford and Gujarat govt. As part of the MoU, Tata Motors would take over land, plant building, machinery, and vehicle assembly from Ford India Pvt. Ltd., along with all workers working at the plant

L&T bags order for Chennai Metro Rail Project for Rs 1,000-Rs 2,500 crore. Infrastructure major Larsen and Toubro (L&T) on Monday said it has received another significant contract order for Chennai Metro Rail Project. According to the company's project classification, the value of a significant order ranges between Rs 1,000 crore

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech. The government is planning to bring changes to the existing Competition Bill 2020 to give the regulator wider powers

Hero Electric ties up with Cholamandalam to offer retail finance. Hero Electric on Monday said it has joined hands with Cholamandalam Investment and Finance Company to offer retail finance for electric two-wheelers

Nissan Motor India inaugurates new corporate headquarters in Gurugram. Automaker Nissan Motor India on Monday said it has inaugurated its new corporate headquarters in Gurugram. The facility will house key functions, including sales, marketing, aftersales, finance, human resources and corporate communications, among others. "

Amazon India to open new robotics software development centre in Bengaluru. The India centre will help support Amazon's international Robotics division, which launched its first robot Astro last year

Flipkart starts initiative for academic, extracurricular needs of students. Students form a growing base of customers for the e-commerce giant, constituting close to 32% of all e-commerce shopping

Mahindra & Mahindra to launch fully electric version of XUV 300 in Q1 2023. Home-grown auto major Mahindra & Mahindra (M&M) on Monday said it is planning to launch the fully electric version of its XUV 300 SUV in the market in the first quarter of next year. The company also announced that it will unveil its electric vehicle busin

Google backs India's ShareChat in 0 mn funding round at bn valuation. ShareChat counts Twitter and Snap as investors and if the bid by Tesla CEO Elon Musk to buy Twitter goes through, Musk will have potentially a stake of between 6% and 8% in ShareChat

JSW Steel to sustain Europe shipments without passing on cost of export tax. JSW Steel Ltd, will continue to supply products to its buyers in Europe without passing on any increase in costs despite New Delhi's decision to impose an export tax, a senior company official said

Do not see govt slapping windfall tax amid soaring energy prices: ONGC. ONGC reported bumper profits in Q4 (when international prices soared to a near 14-year high of 9 per barrel) and record earnings in 2021-22, triggering talks of the govt slapping a windfall tax

Jubilant Foodworks Q4 profit falls 9%, names Sameer Khetarpal as new MD. Jubilant Foodworks Ltd (JFL) on Monday reported an 8.8 per cent decline in its consolidated net profit at Rs 96 crore in the fourth quarter ended March 2022, impacted by higher expenses

Sun Pharma posts net loss of Rs 2,277 cr in Q4, declares Rs 3 dividend. Sun Pharma's consolidated revenue rose 10% to Rs 9,446 cr in Q4FY22

Byju's CEO set to focus on global biz as India edtech mkt shrinks: Report. BYJU'S in March announced a new partnership with QIA, the sovereign wealth fund of Qatar, to launch a new edtech business and state-of-the-art research centre in Doha.

Singapore Airlines plans to increase flights to India amid demand recovery. Singapore Airlines (SIA) Group -- comprising full service carrier Singapore Airlines and low-cost airline Scoot -- currently serves 13 destinations across India.

LIC Q4 standalone PAT declines 18%, firm declares dividend of Rs 1.5. Its net premium income rose 18% to Rs 1.44 trillion for Q4FY22

Ethos shares sink 9% over issue price on debut, 1.1 mn shares change hands. The poor listing day performance follows lukewarm response to the company's IPO, which had managed to scrape through with just 1.03% subscription

India probes ZTE, Vivo as more China firms under scrutiny: Report. India has tightened scrutiny of China-based firms since 2020, when the two nations saw the deadliest fighting in decades at their disputed Himalayan border

Firms to submit bids for third round of discovered small fields on May 31. Majority of the investments in OALP and DSF blocks are set to come up in the coming years

DCM Shriram focusing on manufacturing versatile drones: Joint President. DCM Shriram Industries is focusing on developing and manufacturing versatile drones that will be used not just in the defence sector but across the board, its Joint President Rudra Shriram has said. The company is engaged in the businesses of sugar, chemic

JK Tyre lines up Rs 1,100 crore capex for two years, says CFO Aggarwal. JK Tyre and Industries has planned a capital expenditure of Rs 1,100 crore till next financial year, company's CFO Sanjeev Aggarwal said

Indian Oil Corporation plans to transport fuel to Tripura via Bangladesh. PSU major Indian Oil Corporation (IOC) on Sunday said it is looking to transport fuel to Tripura through Bangladesh as the rail network has been totally snapped due to massive landslides in Assam

Reliance spends Rs 1,185 cr on corporate social responsibility in FY22. Reliance Industries Ltd spent a record Rs 1,184.93 crore in fiscal year ended March 31 on corporate social responsibility (CSR) initiatives

NCLT allows insolvency proceedings against National Textiles Corp. The National Company Law Tribunal (NCLT) has ordered to initiate insolvency proceedings against state-run National Textile Corporation (NTC) after admitting a plea by one of its operational creditors claiming default of around Rs 14 lakh. The New Delhi ben

Rare structural breach in scooter battery packs caused fire: Ather Energy. The EV maker said the scooter in question had been brought to the Nungambakkam facility for service after an accident

BGauss Auto to invest Rs 40 cr to double electric two-wheeler manufacturing. The company plans to have five to six products in the high-speed electric scooters segment after two years

WardWizard lines up Rs 650 crore investment to set up Li-ion plants. Electric two-wheeler maker WardWizard Innovations and Mobility is lining up close to Rs 650 crore investment for the manufacturing of Li-ion advance cells and related infrastructure, according to a top company executive. The Gujarat-based company, which se

Gujarat cabinet nod for Tata Motors' takeover of Ford India's Sanand plant. Tata Motors to continue to enjoy incentives that were extended to Ford India

JSW Steel earmarks Rs 20,000 cr capex, hopes export duty to be short-lived. JSW Steel has earmarked Rs 20,000 crore capital expenditure in the current fiscal and hoped that headwinds such as export duty on steel and high coal prices are likely to be short-lived

Hinduja Global Solutions Q4 profit jumps to Rs 5,686 cr on one-off gains. Hinduja Global Solutions said it consolidated profit after tax jumped multi-fold to Rs 5,686 crore for March, mainly on account of gains from divestment of its healthcare services business.

'Demon preaching vedas': Future Rt'l independent directors on Amazon claim. US e-commerce giant had accused them of 'fraudulent stratagem' in transferring 835 stores to Reliance group.

General Insurance Corp logs Q4 PAT at Rs 2,005 cr, cuts underwriting loss. The General Insurance Corporation of India (GIC Re) closed last year with a higher after tax profit and gross premium income

Angel investor accuses ex-Twitter India head of bullying at his startup. As former Twitter India head Manish Maheshwari quit Invact Metaversity in just six months of its birth, skeletoone of the angel investors accused him of "lying and bullying"

Mahindra & Mahindra reports five-fold rise in Q4 profit at Rs 1,192 cr. Mahindra & Mahindra on Saturday reported nearly five-fold jump in standalone profit at Rs 1,192 crore for quarter ended March 31, 2022. The company had posted a profit of Rs 245 crore for the year-ago period, it said in a statement. Revenue grew 28 per cen

Fire breaks out at EV maker Ather Energy's Chennai facility; cause unknown. A fire broke out at electric scooter manufacturer Ather Energy's experience centre in Chennai

Inox Wind Q4 net loss widens to Rs 256 crore due to lower revenues. Inox Wind has reported widening of its consolidated net loss to Rs 255.76 crore for the March quarter, mainly due to lower revenues.

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