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NSE share market NEWS tomorrow (26 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 May 2022

Interglobe Aviatio was amongst the top gainers, currently trading at 1816.20 in NSE with 5.834 times change in volumes and 10.364% change in price. Other gainers included Torrent Pharmaceuticals with 10.101% price change and 13.829 times volumes, Iifl Holdings with 5.72% price change and 0.752 times volumes, Tata Steel with 5.295% price change and 1.515 times volumes, and Max Financial with 5.195% price change and 1.695 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.

Suzlon Energy was amongst the top losers, currently trading at 7.85 in NSE with 2.531 times change in volumes and -9.77% change in price. Other losers included Havells India with -4.612% price change and 1.806 times volumes, Bse with -3.485% price change and 2.087 times volumes, Indian Energy with -2.725% price change and 1.391 times volumes, and Itc with -2.2% price change and 1.205 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.

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

Govt withdraws offer to sell its entire 53% stake in BPCL. Majority of bidders expressed inability to participate in the privatisation, says govt

Myntra starts under 48-hour delivery for fashion and beauty products. The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.

Bank of India's net profit rises 142.3% to Rs 606 crore in Q4FY22. The board recommended a dividend of Rs 2 per equity share (of face value of Rs 10) for 2021-22 subject to shareholders' nod

PFC Q4 net profit rises nearly 10% to Rs 4,295 crore on higher revenues. The consolidated net profit of the company was at Rs 3,906.05 crore in the year-ago period, a BSE filing showed

Deepak Fertilisers Q4 consolidated PAT rises 144% at Rs 283 crore. The company's PAT stood at Rs 115.80 crore during the corresponding quarter of 2020-21, Deepak Fertilisers and Petrochemicals Corporation said in a BSE filing

MakeMyTrip Q4 profit rises 8% to mn; gross bookings exceed bn. The Nasdaq-listed firm had posted an adjusted operating profit of USD 11.1 million in the same quarter previous fiscal

Pune-based Repos Energy raises Rs 56 crore from Ratan Tata, others. The fresh capital as part of pre-series A funding round is in combination of equity and debt, the company said

Hope sanity returns at soonest to supply chains: Sunil Bharti Mittal. He was speaking during a session on 'advancing digital cooperation', moderated by Observer Research Foundation President Samir Saran, during the World Economic Forum Annual Meeting 2022

SpiceJet, Credit Suisse end legal battle, sign settlement and consent terms. The settlement and consent terms, executed on May 23, 2022 between SpiceJet and Credit Suisse have also been filed before the Supreme Court of India for final orders

Samsung SDI, Stellantis to set up .5 billion EV battery plant in US. Samsung SDI will own a 51 per cent stake in the .5 billion joint venture company set up with the Chrysler parent, and its investment could increase to as much as .57 billion in the long term

Walmart-owned PhonePe launches UPI SIP for investing in 24K gold. Setting up a gold SIP on PhonePe is a one-time, hassle-free process and all subsequent investments are completely automated

WSO2 completes mn series E funding with investment from Info Edge. WSO2, with more than 800 customers in over 90 countries, has already established a strong presence in India

Govt approves sale of entire remaining stake in Hindustan Zinc. The government may sell its shares in tranches through offer for sale (OFS), and the sale will be structured by DIPAM, an official said

Country Delight raises 8mn is series D led by Venturi Partners & Temasek. Founded in 2013, the company delivers dairy, fruits, and vegetables to the doorstep of consumers.

J&J, Momenta Pharma file patent infringement lawsuit against Natco, Mylan. Johnson & Johnson and Momenta Pharmaceuticals lawsuit alleges infringement of two old patents associated with 20mg/ml and 40mg/ml Glatiramer Acetate injection, Natco said in a regulatory filing.

IndiGo Q4 results: Loss widens to Rs 1,682 cr on higher fuel costs. The company's consolidated revenue from operations rose 29% to Rs 8,021 crore in Q4FY22

Travel service providers Easy Trip Planners Q4 profit drops 23% to Rs 23 cr. Easy Trip Planners Ltd on Wednesday reported a 23.4 per cent decline in consolidated net profit at Rs 23.34 crore for the fourth quarter ended March, impacted by lower revenue and higher expenses.

Max Healthcare posts 58% jump in Q4 net at Rs 172 cr; revenue rises 12%. Max Healthcare Institute on Wednesday said its profit after tax increased by 58 per cent to Rs 172 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 109 crore for the January-March quarter of 2020-21 fiscal. Gross r

Coal India Q4 net jumps 46% to Rs 6,693 cr, firm declares Rs 3 dividend. The company's consolidated revenue from operations rose 22% to Rs 32,707 cr in Q4FY22

Top headlines: Govt approves stake sale in HZL; IndiGo Q4 loss widens. Business Standard brings you the top headlines on Wednesday

Supply chain challenges can be met by exploring other markets: Birla at WEF. He was speaking during a session on 'Balancing globalisation and resilience in a time of crisis' at the World Economic Forum Annual Meeting 2022.

Suzlon Energy consolidated net loss widens to Rs 205 cr in March quarter. Suzlon Energy on Wednesday reported a consolidated net loss of Rs 205.52 crore in the March quarter. The consolidated net loss of the company stood at Rs 54.25 crore in the quarter ended March 2021, according to a regulatory filing. Total income in the qua

Arvind SmartSpaces eyes nearly 50% real estate sales on digital platform. Industry average among organised real estate currently at 30%

Dalmia Bharat leads slide in sugar stocks, tanks 13% on export ban. Sugar stocks fell sharply on Wednesday, a day after the government imposed restrictions on sugar exports from June 1 to increase availability of the commodity in domestic market and curb price rise. Shares of Dalmia Bharat Sugar and Industries plummeted 13

NALCO Q4 profit rises 9.5% to Rs 1,025 crore on account of higher income. The company's consolidated income during the January-March period increased to Rs 4,492.10 crore as against Rs 2,874.47 crore a year ago, the filing said.

Torrent Pharma posts Rs 118 cr Q4 loss vs Rs 324 cr profit a year ago. The red line comes amid headwinds in EU operatopns and discontinuation of liquids business in the US; revenue, however, grows by 10%

Alipore Court restrains KPMG, banks from acting on SREI audit report. The order was passed on May 20, based on a petition by SREI promoter Hemant Kanoria. Next hearing on May 30

Bata India Q4 net jumps over two-fold to Rs 63 cr; net sales up 13%. Shoemaker Bata India Ltd on Wednesday reported over two-fold increase in its consolidated net profit at Rs 62.96 crore for the fourth quarter ended March 31, 2022.

Flights delayed as ransomware attack on systems wrecks SpiceJet operations. Some flights had to be cancelled; airline claims problem mostly rectified, says it is in touch with expert and cybercrime authorities

Sequoia asks founder ecosystem to tighten belt, focus on profitability. Cash burn and growth at all cost no longer being rewarded as capital turns expensive

'Vedanta to finalise -bn Indian chip, display unit site by mid-June'. Chairman Anil Agarwal said on the sidelines of the annual World Economic Forum the first phase of Vedanta's project will entail an investment of bn

IndiGo slips into losses due to exchange rate and higher fuel price. The airline will deploy 60% more capacity in FY23 than in FY22 when it had to curtail operations in April due to surge of Delta variant and in Dec-Jan due to Omicron

BPCL Q4 net profit declines 82% to Rs 2,131 cr; revenue rises 25%. BPCL and other public sector oil companies held petrol and diesel prices for a record duration despite a surge in the cost of raw materials (crude oil) to a 14-year high

Water-from-air tech: Israel's Watergen inks JV with SMV Jaipuria Group. Israel-based company Watergen on Wednesday announced a strategic joint venture with SMV Jaipuria Group with a planned investment of more than million (over Rs 387 crore) in the next 2-3 years

IndiGo's cargo plans are independent of Interglobe-UPS JV, says airline. Interglobe Enterprise which holds 37.82% in IndiGo, is entering the business of logistics and cargo by forming a 50:50 joint venture with logistics giant UPS

Future Retail denies Amazon charges of facilitating 'fraudulent stratagem'. FRL says it has already made necessary disclosures on termination of leases, and has provided related updates

'Startup founders may find it difficult to raise funds in coming months'. With a capital crunch creeping into the market, startup founders may find it difficult to raise funds at attractive valuations in the coming months, according to industry players. During a joint programme with Meta, formerly known as Facebook, Kalaari Capi

Whirlpool of India profit declines 35% to Rs 84 cr in Q4, revenue dips 4%. The company had posted a net profit of Rs 130.06 crore during the March quarter of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation said in a regulatory filing.

Sebi exempts govt from making open offer to Vodafone Idea shareholders. In a nine-page order, Sebi said the acquisition of shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger public interest.

Investment firm DVC announces close of mn fund for SaaS start-ups. It will invest in one company per quarter, or a total of approximately 20-25 companies over five years.

Apollo Hospitals Q4 net profit falls 46% to Rs 90 cr; revenue jumps 24%. Apollo Hospitals Enterprises on Wednesday said its consolidated profit after tax declined by 46 per cent to Rs 90 crore for the fourth quarter ended on March 31, 2022. The health care provider had reported a PAT of Rs 168 crore in the January-March quarter

Fortis Healthcare Q4 net profit jumps 40% to Rs 87 cr; revenue rises 10%. Fortis Healthcare Ltd on Wednesday reported a 40 per cent jump in consolidated net profit at Rs 87.03 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated net profit of Rs 62.36 crore in the same quarter of the previous f

APSEZ consolidated net profit declines 22% to Rs 1,033 crore in Q4. The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,321 crore in the corresponding period of the previous fiscal, according to a BSE filing

JSW Energy to seek shareholders' nod to raise up to Rs 5,000 crore. Shares of JSW Energy were marginally down at Rs 309.35 apiece in early trade on BSE

12 Indian firms at higher risk of downgrade amid rising inflation: Fitch. The Indian utilities and oil & gas sectors, along with Chinese homebuilding, stand out with a high proportion of corporates assessed with a 'low' rating headroom

LG targets leadership position with 32% share of Indian TV market. LG is one of the few brands which manufactures TV panels in India with an R&D set-up to create products based on local insights

4 Future Group companies to not release results for Jan-March quarter. In April, Future Enterprises Ltd's two independent directors Anand Chndrasekaran and Malini Chopra had resigned

CEOs shift focus to sustainability and digital transformation: EY survey. The CEOs also recognise that data and innovation are critical for unlocking new paths to growth

Balrampur Chini Q4 net rises marginally to Rs 240 cr; total income up 26%. Total income increased to Rs 1,291.37 crore in the fourth quarter of the last fiscal. It stood at Rs 1,027.24 crore in the corresponding period of the previous year

Latest stock market News for tomorrow Access previous news reports: 887888889890891892893894895896897898899900901902903904905

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