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NSE share market NEWS tomorrow (27 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (27 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 May 2022

Delhivery was amongst the top gainers, currently trading at 541.55 in NSE with 2.073 times change in volumes and 8.353% change in price. Other gainers included Page Industries with 6.376% price change and 1.786 times volumes, Jubilant Foodworks with 6.142% price change and 1.19 times volumes, Coforge with 5.567% price change and 1.152 times volumes, and Apollo Hospitals with 5.432% price change and 1.002 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.

Gail India was amongst the top losers, currently trading at 142.80 in NSE with 1.438 times change in volumes and -5.556% change in price. Other losers included Oil Natural with -5.332% price change and 4.091 times volumes, Oil India with -4.281% price change and 2.623 times volumes, Prestige Estates with -3.71% price change and 0.56 times volumes, and Muthoot Finance with -3.614% price change and 7.764 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.

Nykaa reports 49% drop in quarterly net profit as expenses surge. The cosmetics-to-fashion platform, headed by Falguni Nayar, has said its marketing expenses in 2020 came in exceptionally low as it did not spend as much on advertising due to the pandemic

Ircon International posts 41.8% rise in Q4 net profit at Rs 242 crore. The consolidated income of the company in the period under review increased to Rs 3,010.71 crore over Rs 2,513.42 crore in the preceding year.

TCI Express Q4 net profit dips over 14% to Rs 36 crore, income soars 6%. Logistics company TCI Express on Friday posted over 14 per cent fall in its net profit at Rs 35.93 crore during the March 2022 quarter.

Welspun Corp profit falls 30% to Rs 263 cr in Q4 due to higher expenses. Welspun Corp Limited (WCL) on Friday said its consolidated net profit fell by 30 per cent to Rs 263.56 crore in the quarter ended March on account of higher expenses.

JPVL posts Rs 2.27 crore Q4 loss versus Rs 215 crore profit a year ago. Jaiprakash Power Ventures Ltd (JPVL) on Friday said it has posted a consolidated loss of Rs 2.27 crore in the quarter ended March, dragged by higher expenses.

Future Consumer Q4 net loss widens to Rs 346 cr, revenue dips 32%. Future Consumer Ltd (FCL), the food-led FMCG company of debt-ridden Future Group, on Friday reported widening of its net loss to Rs 346.23 crore for the fourth quarter ended March 31, 2022. The company, which posted a net loss of Rs 155.12 crore in the Jan

Invact Metaversity CEO Maheshwari steps down, will explore other avenues. The company has been in news as both the founders, Maheshwari and Tanay Pratap, had differences on how to run the firm

JSW Steel Q4 net profit down 20%; announces JISPL merger with itself. Revenue up 74 per cent YoY to Rs 46,895 crore as company says its opportunities for exports are expanding.

Puravankara posts Rs 20 crore loss in Q4; income falls to Rs 320 crore. The company's net profit stood at Rs 147.06 crore for 2021-22

SpiceJet defers Q4 earning announcements due to ransomware attack. In a regulatory filing, SpiceJet said it has postponed its board meeting on May 30, to consider and approve the company's March quarter and FY22 results to a later date

8 bn rubles of Indian oil companies stuck in Russia, says officials. All dividend income prior to Ukraine war was repatriated but the one that accrued after that is stuck, said Harish Madhav, Director (Finance), Oil India Ltd, which is one of the partners in the fields

GAIL says it's open to buying Russian oil-gas assets if offered good deal. GAIL is considering buying gas from challenging local fields to address surging local demand for natural gas, including striking long-term liquefied natural gas import deals with global companies

Traceability first step to address fake reviews, govt tells e-commerce cos. A meeting was held on Friday by Department of Consumers Affairs with Amazon, Flipkart, Reliance and Tata to address the issue, say sources

City Union Bank Q4 net jumps 88% to Rs 209 cr on less bad loan provisions. The bank trimmed its bad loans proportion with the gross non-performing assets (NPAs) declining to 4.70% of the gross advances as of March 31, 2022, as against 5.11% in the year-ago period

United Spirits Q4 profit down 12% at Rs 179 crore amid rising inflation. The company had posted a net profit of Rs 203.3 crore in the year-ago period, according to a regulatory filing

SpiceJet postpones March quarter results after ransomware attack. Company postpones quarterly results scheduled on May 30

Shipping Corporation of India profit jumps 77% to Rs 152 crore in Q4. Shipping Corporation of India (SCI) on Friday reported a 77.42 per cent jump in its consolidated profit to Rs 152.16 crore for the fourth quarter ended March 2022.

Crompton Greaves net declines 29% to Rs 176.55 cr in March quarter. The company had posted a net profit of Rs 249.08 crore in the January-March period a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing

Sebi searches 16 'suspected entities' in Axis MF front-running case. Covers 30 locations across multiple cities including Maharashtra and Gujarat.

Oil India reports highest-ever profit due to high fuel, gas prices. Net profit at Rs 1,630.01 crore in January-March was almost double of Rs 847.56 crore profit in the same period of last year, OIL Director (Finance) Harish Madhav told reporters

Indiabulls Real Estate posts Rs 60 crore net loss in January-March quarter. The company had posted a net profit of Rs 94.41 crore in the year-ago period

JSPL may produce rail wheelsets; to set up manufacturing unit in Raigarh. The plant will have an initial capacity of producing 25,000 wheelsets per year

Indian Bank declares 3 accounts with exposure worth Rs 362 cr as fraud. Indian Bank on Friday said it has reported three non-performing accounts, including IL&FS Tamil Nadu Power Ltd, as fraud to the RBI and the public sector lender has a combined exposure of over Rs 362 crore to these companies. Three non-performing accounts

No disruption in Russian LNG supplies from Gazprom due to sanctions: GAIL. Earlier this month, Moscow slapped sanctions on owner of the Polish part of the Yamal pipeline that carries Russian gas to Europe, as well as the former German unit of the Russian gas producer Gazprom

United Spirits board okays sale of select liquor brands, reshape portfolio. USL's popular portfolio comprises around 30 entry-level lower-priced liquor brands, with an average price less than Rs 400

Govt approves guidelines for small business cluster development programme. The scheme aims at enhancing the competitiveness and productivity of micro and small enterprises by undertaking certain interventions

United Spirits to sell 32 liquor brands to Ravi Deol's Inbrew for Rs 820 cr. USL will retain McDowell's and Director's Special whiskey as it gives up labels like White-Mischief vodka and Honey Bee brandy.

Airtel remains a core investment in our international portfolio: Singtel. In a press statement, the Singapore-based telecom firm said it does not comment on market speculation

SpiceJet, IndiGo faulted for poor service and behavior by air passengers. Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and cutting corners as a result of the pandemic

Hero Electric scooter catches fire, firm says short circuit in power socket. A Hero Photon Electric scooter in Odisha reportedly caught fire while it was being charged and the incident has left the scooter partially damaged.

Drone manufacturers on hiring spree amid fresh funding, policy initiatives. Business sentiment has improved in drone industry in the last six months and we are getting larger orders from govt and private customers," said Omnipresent Robot Tech's Sinha

Google in talks to join India's open e-commerce network ONDC: Reports. The ONDC programme aims to join 30 million sellers and 10 million merchants online, and cover at least 100 cities and towns by August

India Cements posts net loss of Rs 10.6 cr in Q4FY22, revenue dips 4%. Coal prices also increased from per tonne to 0 per tonne during the last one year adding to the pressure on the company

Allcargo Logistics Q4 consolidated net profit jumps to Rs 247 crore. The company had posted a net profit of Rs 53.71 crore for the year-ago period, Allcargo Logistics said in a filing to BSE

Ruchi Soya Q4 profit declines 25% to Rs 234.33 cr; income rises 37%. Edible oil major Ruchi Soya Industries Ltd reported a 25 per cent decline in its standalone net profit to Rs 234.33 crore for the March 2022 quarter

Godrej Industries reports net profit of Rs 422.82 cr for March quarter. The company had posted a loss of Rs 92.17 crore for the same quarter of previous fiscal year, Godrej Industries said in a regulatory filing

GAIL Q4 net profit jumps 40% to Rs 2,683.11 crore on higher gas margins. State gas utility GAIL India Ltd reported a 40 per cent jump in its March quarter net profit as margins on natural gas sales rose

Ola in talks with states for land to set up cell, electric car factories. Ola Electric needs 1,000 acres of land to set up its cell gigafactory and electric car factory which is expected to attract an investment of Rs 10,000 crore

Siemens okays drives applications biz sale to subsidiary for Rs 440 cr. The LDA business within Siemens Ltd recorded revenue from operations of Rs 4,437 million for FY 2021 and an operating profit of Rs 251 million, a company statement said.

Edtech firm Simplilearn bolsters top leadership with two key appointments. Mohit Yadav, IIM-Indore alumnus with 12 years in sales across verticals, joins as VP-growth; project management exec Sujoy Ghosh takes over as VP-product

IIFCL profit surges to 80% to Rs 514 cr in Q4 due to reduction in bad loans. With regard to asset quality, IIFCL has brought down gross non-performing assets (NPAs) to 9.22 per cent from 13.9 per cent a year ago.

BEML Q4 profit drops by 15.4% to Rs 133 cr; revenue drops to Rs 1,683 cr. State-owned BEML on Friday posted 15.4 per cent decline in consolidated net profit at Rs 133.42 crore for the quarter ended March 31, 2022. The company had logged a profit of Rs 157.81 crore in the year-ago period, BEML said in a filing to BSE. Revenue fro

Tata Motors files all-time high of 125 patents across innovations in FY22. The firm has also been granted 56 patents during the same period

Toyota cuts June output plan again due to chip shortage and China lockdown. Toyota said there was "a possibility" that it could lower its full-year production plan of 9.7 million vehicles.

BGR Energy Systems loss widens to Rs 72 cr in March quarter on low revenues. The consolidated net loss of the company stood at Rs 64.08 crore in the year-ago period, BGR Energy Systems said in a regulatory filing

Adani Enterprises subsidiary picks 50% stake in General Aeronautics. Made for an undisclosed amount, the acquisition will help Adani leverage its own military drone as well as AI and ML capabilities for extending work into domestic farm sector

JSW Steel Q4 net profit shrinks 20% to Rs 3,343 cr due to higher expenses. JSW Steel on Friday reported a 20 per cent decline in its consolidated net profit to Rs 3,343 crore for the March 2022 quarter, dragged by higher expenses.

Investments in proptech firms expected to touch $ 1 billion in 2025: Report. With a focus on health and wellness, the consultant Colliers India said that smart building materials with automated air quality systems are increasingly gaining traction.

Inventus launches new fund with target corpus of Rs 900 cr, rebrands itself. The VC firm said the rebranding reiterates its vision and focus

Top headlines: Unacademy CEO sends an SOS; govt calls off BPCL divestment. Business Standard brings you the top headlines on Thursday

Lenovo India revenue up 38% to Rs 17,000 cr in FY22 on increased production. According to market research firm IDC, Lenovo's shipments grew by 20.5 per cent to 7.52 lakh PC units and it held 17.6 per cent market share in the March quarter of 2022

Three Wheels United raises mn to increase financing for EV 3-wheelers. TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US

SJVN inks pact with Tata Power Solar Systems for 1,000 MW solar project. State-owned SJVN Ltd on Thursday inked a pact with Tata Power Solar Systems to build a 1,000 MW solar project worth Rs 5,500 crore in Bikaner, Rajasthan. "SJVN today entered into an EPC agreement for 1,000 MW solar project in Bikaner, Rajasthan with M/s Ta

Japan's troubled tech giant Toshiba proposes outside directors to board. Troubled Japanese technology giant Toshiba announced some additions to its proposed leadership on Thursday, ahead of a shareholders' meeting next month. Toshiba Corp. said it seeks to add on the board outside directors, such as Nabeel Bhanji, an executive

Berger Paints Q4 net up 5.6% to Rs 220 cr; revenue up 8% to Rs 2,187 cr. Berger Paints India Ltd on Thursday reported a 5.60 per cent increase in consolidated net profit to Rs 220.29 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 208.60 crore in the January-March period a y

Hindalco Q4 profit doubles to Rs 3,851 cr; revenue rises 38% YoY. Company shares closed trade on the BSE at Rs 407.75 apiece, up 2.75 per cent over the previous day's close.

ONGC to sell stake, seeks global oil firms' help to develop fields. The deadline for submitting expressions of interest is June 16, ONGC said in a tender document on its website

Music NFT marketplace FanTiger raises .5 mn from Multicon capital, others. FanTiger empowers independent artists to build fan communities on the platform and enable fans to help shape their career using music NFTs

Piramal Enterprises logs Rs 151 cr net profit in Q4, overcomes loss. Board recommends a dividend of Rs 33 per share, subject to shareholder's approval.

Airlines upbeat as business travel rebounds after a 2-year lull in pandemic. Domestic air traffic till now was largely fueled by leisure and people visiting their families.

Vedanta pledges 86% Hindustan Zinc stake in Q4 as govt preps to sell stake. Value of pledged shares put at Rs 73,102 crore; 22.8 per cent was pledged in December quarter.

Zee Entertainment Q4 net profit declines 33% to Rs 182 cr; expenses up 27%. The company had posted a net profit of Rs 272.36 crore in the January-March quarter a year ago, according to a BSE filing

Alibaba reports slowest growth yet in March quarter amid Covid outbreaks. Alibaba Group Holding Ltd. on Thursday reported a single-digit increase in its fourth-quarter revenue, its slowest quarter yet as its online services and e-commerce businesses took a hit amid Covid-19

HDFC Bank, HDFC merger takes April deal volume to record .3 bn: Report. The same number had stood at .91 billion in the year-ago period and .7 billion in 2020, the report by Grant Thornton Bharat said

I-T recovers Rs 10 crore cash, seals 12 lockers of Asian Granito Ltd. In a mega search operation on Asian Granito India Ltd, the Income Tax Department has recovered Rs 10 crore cash and has sealed 12 bank lockers. The search is likely to continue for the next few days.

ONGC to invest Rs 31,000 cr over next 3 years in finding oil, gas. ONGC said it also plans to leverage international collaborations with reputed global majors for this, for which talks are in an advanced stage.

Kia India opens bookings for EV6, its first electric model in India. Only 100 units of EV6, which comes as a Completely Built Unit (CBU), would be available for sales in India this year

Muthoot Finance Q4 profit slides to Rs 1,006 cr as interest income falls. The interest income was down by 3.7 per cent at Rs 2,916.87 crore from Rs 3,029.83 crore in the year-ago period.

Tata Tea entity to provide e-learning to workers' children in West Bengal. APPL trustee Amitava Sen said that this facility will open the doors for accessing better job opportunities in future

Facebook informs users roll out of updated privacy policy from July 26. Social media platform Meta, formerly Facebook, has started sending out notification to users about privacy policy update which it will roll out from July 26, the company said on Thursday. Meta in its post said that it has rewritten and re-designed its priv

Govt calls off BPCL privatisation process, will do 'comprehensive review'. Decision on restarting the process to be taken in due course post review

Eyeing 3 million users, Mobile Premier League starts Poker Academy. As part of the Academy, MPL will curate beginner, intermediate and advanced levels of content catering to all types of gamers, the company said in a statement

Interglobe and UPS set up logistics firm offering B2B services in India. New company called Movin will be headquartered in Gurugram and it will first start services in Mumbai, Delhi NCR and Bengaluru.

NMDC Q4 consolidated net profit falls 36% to Rs 1,813 cr on higher expenses. During the quarter under review, the company's total income rose marginally to Rs 7,034.83 crore, from Rs 6,932.75 crore in the year-ago period

Jet Airways' Q4 net loss widens to Rs 234 cr; total income falls 33%. The full service carrier had a standalone net loss of Rs 107.01 crore in the year-ago period, according to a regulatory filing

Torrent Pharma acquires four therapy segment brands from Dr Reddy's. Styptovit-E, a gynaecology product, has an estimated market size of roughly Rs 500 crore, according to data from AIOCD, a pharmaceutical market research company

Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme. Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25

Japanese lender MUFG Bank to set up a branch in GIFT City, sixth in India. In March 2022, Japanese lender MUFG announced the setting up of an investment fund totaling 0 million for start-ups in India

Unacademy CEO Gaurav Munjal says funding winter can last up to 18 months. In a letter to employees, Unacademy's co-founder and CEO Gaurav Munjal said that "we must learn to work under constraints and focus on profitability at all costs"

Infosys hikes CEO Salil Parekh's salary by 88% to Rs 79.75 crore. For FY22 Infosys CEO Salil Parekh received a total remuneration of Rs 71.02 crore, up 43 per cent. This compensation included Rs 52.33 crore from restricted stock unit options.

Jet Airways staff association challenges resolution plan before NCLAT. All India Jet Airways' Officers and Staff Association on Thursday said it has filed an appeal before the NCLAT against Jalan-Kalrock consortium's resolution plan for the airline

Emiza Supply Chain raises Rs 38 cr in funding round led by JM Financial. Emiza Supply Chain Services has raised Rs 37.5 crore in a funding round led by JM Financial Private Equity

9 Sahara Group cos to face serious fraud probe as SC sets aside HC order. The Supreme Court set aside a Delhi High Court order staying the Serious Fraud Investigation Office (SFIO) probe into nine companies related to the Sahara group

Front suspension of Ola Electric scooter broke while riding, claims user. Many other users too joined him with countless stories of quality issues, breakdowns and poor after-sales experiences on the same thread

Daimler India aims carbon-free operations at TN manufacturing plant by 2025. Daimler India Commercial Vehicles Pvt Ltd (DICV) on Thursday said it is aiming for 100 per cent carbon-free operations at its manufacturing plant at Oragadam in Tamil Nadu by 2025. The company, which manufactures Bharat Benz trucks and buses, also said it

KPIT Technologies announces acquisition of UK-based SOMIT Solutions. STRAP: The total value of the acquisition will be around GBP 7.68 million (around Rs 75 crore)

MobiKwik announces launch of 'AutoBill Pay' feature for its 25 mn ZIP users. This feature is designed to help ZIP users pay multiple bills such as electricity, water, gas, mobile, DTH, etc. automatically every month using the BNPL credit line

Reliance Industries contributes Rs 1,185 cr towards CSR initiatives in FY22. The CSR initiatives were spearheaded by Reliance Foundation, the philanthropic arm of Reliance Industries, led by Founder and Chairperson of the foundation Nita M. Ambani

Colgate-Palmolive India's Q4FY22 net profit up 3% to Rs 324 crore. It had a posted a net profit of Rs 314.66 crore in the January-March quarter a year ago, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing

BMW expands e-mobility with launch of sedan i4 priced at Rs 69.9 lakh. The i4 is imported as a completely built unit. It has the fifth-generation BMW eDrive technology with an integrated drive unit powered by an electric motor

Zetwerk unveils programme to help hardware startups in robotics, e-mobility. Through this programme, Zetwerk will provide a complete stack of dedicated services for each requirement of a hardware startup to expedite its journey from prototype to production.

Moody's upgrades Bharti Airtel's rating to 'Baa3'; outlook stable. Continuous improvement in operational profile, financials triggers upgrade, says the ratings agency

Singtel to sell 2%-4% stake in Bharti Airtel to Sunil Mittal family. Singtel's effective stake in Bharti Airtel is 31.7 per cent. It holds a 49.44 per cent stake in Mittal family owned firm Bharti Telecom

HDFC divests 10% stake in HDFC Capital Advisors to ADIA for Rs 184 cr. The country's largest mortgage lender HDFC Ltd on Thursday said it has sold 10 per cent of its stake in HDFC Capital Advisors Ltd (HCAL) to Abu Dhabi Investment Authority for Rs 184 crore. With this, HCAL ceases to be a wholly-owned subsidiary of HDFC. In

Shell may sell Russian LNG plant stake to Indian consortium: Report. Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources

BMW expects EV sales to constitute 10% of net Indian car sales by next year. German carmaker BMW is expecting electric vehicle sales to account for over 10 per cent of its total car sales in India by next year, as it accelerates its electrification journey in the country

Coal India Ltd to divest 25% stake in BCCL; plans subsequent listing. Stating that the company's board had given only "in principle" approval to the proposal, CIL said that only after getting further clearance from the government, subsequent action would be initiated

Page Industries Q4 net jumps 65% to Rs 190.5 cr, revenue rises 26%. The company had posted a net profit of Rs 115.56 crore during the January-March period a year ago, Page Industries Ltd (PIL) said in a regulatory filing

Govt to take action against fake reviews on e-commerce platforms. Department of Consumer Affairs to hold meeting with e-commerce entities and stakeholders on Friday to discuss magnitude of fake reviews and prepare a roadmap ahead

Funding may dry up for next 12-18 months: Unacademy CEO tells employees. Travel only if it is absolutely needed and meetings that can happen on Zoom should happen on Zoom, Gaurav Munjal tells employees

Latest stock market News for tomorrow Access previous news reports: 886887888889890891892893894895896897898899900901902903904

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