NSE share market NEWS tomorrow (03 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (03 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 November 2022
Rail Vikas was amongst the top gainers, currently trading at 42.65 in NSE with 3.407 times change in volumes and 6.758% change in price. Other gainers included Varun Beverages with 5.455% price change and 1.701 times volumes, Phoenix Mills with 5.394% price change and 2.431 times volumes, Punjab National with 5.223% price change and 1.604 times volumes, and Bank India with 4.918% price change and 3.112 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.
Voltas was amongst the top losers, currently trading at 861.25 in NSE with 0.989 times change in volumes and -5.279% change in price. Other losers included Supreme Industries with -3.655% price change and 0.492 times volumes, Macrotech Developers with -2.917% price change and 1.386 times volumes, Cg Power with -2.808% price change and 2.258 times volumes, and Tech Mahindra with -2.694% price change and 0.843 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.
BOI Q2 net down 8.65% YoY on rise in provisions for standard assets. Earnings, asset quality profile improve for public sector lender
Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke. Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric
Ajit Mohan steps down as Meta India head, may join social media firm Snap. Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity
HDFC retail loan demand at 8-year high, standalone net profit rises 18%. Shifted from quarterly reset for individual loans to monthly one
Hero MotoCorp reports bigger-than-expected fall in Q2 net as expenses rise. Analysts, on average, had expected a profit of Rs 7.41 billion, according to Refinitiv IBES data
Cognizant introduces 'two merit cycles' for employees to rein in attrition. Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition
Vodafone Idea Q2 loss widens on higher expenses, subscriber loss. ARPU of larger rivals Reliance Jio and Bharti Airtel was at 177.2 rupees and 190 rupees in the quarter, respectively
Go First plans to avail Rs 600 crore loan under ECLGS for its operations. Budget airline Go First plans to soon avail Rs 600 crore loan under the Emergency Credit Line Guarantee Scheme (ECLGS) for its operations amid rising air travel demand, according to a source. The source at the airline also said that promoters have infused
Adani Enterprises Q2 net more than doubles to Rs 4.61 bn, revenue triples. Adani Enterprises, which entered the Nifty 50 stock index at the end of September, acts as an incubator for new businesses launched by the Adani Group
Raymond Q2 consolidated net profit jumps over two-fold to Rs 162 crore. Diversified group Raymond Ltd on Thursday reported over a two-fold jump in its consolidated net profit to Rs 161.95 crore for the second quarter ended September 30 on improved growth across its business segments. The company had posted a net profit of Rs 5
Moderna misses Q3 expectations, net income dips 69%; defers vaccine sales. Sliding COVID-19 vaccine sales and rising expenses for Moderna combined to produce a third quarter that missed Wall Street expectations. The vaccine developer also said on Thursday that it was dialling back its revenue expectations from advance purchase ag
Amara Raja Q2 profit after tax rises 39.42% to Rs 201 cr, driven by sales. Amara Raja Batteries Ltd on Thursday reported a 39.42 per cent rise in consolidated profit after tax to Rs 201.22 crore in the second quarter ended September 30, driven by higher sales. The company had posted a consolidated profit after tax of Rs 144.32 cr
UCO Bank net profit up 145% at Rs 504 cr in July-September quarter. Net NPA reduced to Rs 2,700.29 crore in Q2FY23 from Rs 3,854.33 crore as on Q2FY22 and from Rs 3,103.82 crore as on Q1FY23
Dairy industry revenue likely to witness 12-14% growth in FY23: Report. The strong revival of the hotels, restaurants and catering (HoReCa) segment and the increase in retail prices are likely to help the dairy industry achieve 12-14 per cent revenue growth this fiscal, according to a report. Indian dairy companies are estimat
ED files charge sheet against SRS group, promoters in money laundering case. The Enforcement Directorate has filed a charge sheet against the SRS group and its promoters in a money laundering case linked to alleged cheating of homebuyers and investors. Nineteen accused persons and entities, including SRS group chairman Anil Jindal
Adani Enterprises Q2 net more than doubles; revenue rises threefold. In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY
Hindustan Petroleum posts consolidated net loss of Rs 2,172 crore in Q2. The company blamed depressed marketing margins on motor fuels and LPG as the main reason for its profitability being impacted over the latest quarter
Ajit Mohan quits as head of Meta India; Manish Chopra interim chief. Meta Platforms announced that Ajit Mohan, Vice President and Managing Director of its India unit has stepped down from his role to pursue another opportunity outside of the company
Q2 results: Hero MotoCorp net profit falls 9% YoY to Rs 682 crore. Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand
Wipro announces appointment of Amit Choudhary as chief operating officer. Wipro Limited announced the appointment of Amit Choudhary as Chief Operating Officer (COO) and member of the Wipro Executive Board
Reliance Capital lenders to meet on Friday to decide on Challenge Mechanism. Lenders of debt-ridden Reliance Capital Ltd (RCL) will meet on Friday to decide on the newly introduced 'Challenge Mechanism' clause in the resolution process, sources said. The 'Challenge Mechanism' gives lenders the power to oppose any resolution plan as
Indian Bank Q2 net profit up 12% to Rs 1,225 crore in July-Sept quarter. Public sector major Indian Bank has posted a 12 per cent rise in net profit during the second quarter of the financial year to Rs 1,225 crore,
Three-fourth employers in services sector willing to hire: TeamLease. The hiring boom in India's services sector is likely to continue in the third quarter, with 73 per cent of employers willing to increase their resource pool
Mahindra Lifespaces Developers logs net loss of Rs 8 crore in Q2. The company has also set a target of achieving annual residential sales of Rs 2500 crore and annual leasing of Rs 500 cr
Global Investors' Meet: WOLP signs MoU with K'taka govt to invest Rs 2k cr. Welspun One Logistics Parks (WOLP), an integrated fund, development and asset management organisation, on Thursday said it has signed a memorandum of understanding (MoU) with the government of Karnataka to invest Rs 2,000 crore and aims to create over 6,0
Sanofi India posts Rs 131 cr profit in Sept quarter, revenue at Rs 692 cr. Drug firm Sanofi India on Thursday reported a net profit of Rs 131 crore for the third quarter ended September 2022. The company had posted a net profit of Rs 530 crore in the July-September quarter of last year, the company said in a regulatory filing. Th
Vodafone Idea Q2 loss widens to Rs 7,595 crore on higher expenses. Gross revenue in the second quarter of FY23 increased by 12.8 per cent YoY to Rs 10,614 crore
Cochin Shipyard receives Rs 1,000 crore order from European client. Cochin Shipyard has received an order of about Rs 1,000 crore to construct vessels from a European client, the company said in a regulatory filing on Thursday. The completion time for the project is 35 months, it said. "CSL has bagged an international orde
Adani New Industries installs wind turbine, taller than Statue of Unity. A wind turbine taller than the world's tallest Statue of Unity with blades spanning wider than the wingspan of a jumbo jet has been installed at Mundra in Gujarat by Adani New Industries Ltd as part of its renewable energy expansion plans. "Adani New Indus
Indian firms outpace parent companies in valuations, shows data. Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs
KFC and Pizza Hut witnessed double digit system sales growth in India. Both KFC and Pizza Hut's system sales contribution of each of the brands stood at 1 per cent in the quarter
EV start-up MoEVing raises .5 mn from JSW Ventures for e-mobility biz. Funding will also support firm's expansion across multiple cities in India and team building across functions; current round brings MoEVing's total funding to million
Cognizant closes Q3 with .9 billion revenue, 2.4 per cent growth. Nasdaq listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth.
AG&P Pratham signs MoU with Karnataka govt to develop city gas distribution. / -- AG&P Pratham, a leading player in the Indian City Gas Distribution (CGD) industry and the Government of Karnataka signed a Memorandum of Understanding (MoU) for the development of City Gas Distribution (CGD) networks to supply reliable, economical, an
GIC, ESR Group set up 0 mn India JV to buy industrial, logistics assets. The new JV, in which GIC is an 80% owner, is an extension of an existing partnership between the entities in the country.
Cashback and coupons firm CashKaro raises Rs 130 crore in funding. Company will use funding for expansion, new technology and product development
Cognizant cuts revenue forecast, flags attrition impact on business. CEO says revenue and bookings below expectations, but company will return to 'accelerated growth'
SIS Q2 net profit dips marginally to Rs 67 cr, revenue jumps 14%. SIS Ltd has posted a marginal decline of 1.46 per cent in net profit at Rs 67.4 crore for the second quarter ended September 30. The net profit of the company in the July-September quarter of the preceding fiscal stood at Rs 68.4 crore. Its revenue for the
65% Indian firms now employing gig workers amid tech talent crunch: Report. While the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).
Adani Wilmar's profit falls 73% on the back of cost rise, soft rural demand. India's Adani Wilmar reported a 73% slump in second-quarter profit on Thursday, as the Fortune cooking oil maker reeled under dull demand from rural areas
8i Ventures announces first close of second investment fund worth mn. Early-stage venture capital company says fintech 'single largest opportunity in India'
HDFC Ltd Q2 profit rises 24% to Rs 7,043 crore, total income jumps. Mortgage lender HDFC Ltd on Thursday said its consolidated net profit increased by 24 per cent to Rs 7,043 crore in the September 2022 quarter. It had reported a Rs 5,670 crore net profit in the year-ago period, HDFC said in a regulatory filing. Its total
Adani Total Gas reports marginal rise in Q2 profit to Rs 1.60 billion. Adani Total Gas said revenue rose due to increased volumes and higher prices, as it passed on some of the rise in input costs to customers
Two-thirds of Indian technology enterprises hiring gig workers: Report. Software development, UI/UX design, data analytics top three skills companies need
HPCL reports back-to-back quarterly losses; posts Rs 2,172 cr loss in Q2. Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported Rs 2,172.14 net loss in July-September after losses arising from freezing petrol and diesel prices couldn't be made up by accounting for a one-time government grant that came after the quarter
Qualcomm gives downbeat forecast as Covid-19 lockdown affect phone market. Qualcomm Inc., the biggest maker of smartphone processors, tumbled in pre-market trading after giving a far weaker forecast than expected, punished by the economic slowdown and Covid-19 lockdowns
Indian gaming worth .6 bn in FY22, will grow four-fold by 2027: Report. Country has 507 million gamers and more than 900 companies in the sector
Twitter can allow users to see global content with ease: Musk to Ali Zafar. The Tesla CEO is in a hurry to change Twitter, announcing product changes every day via his Twitter account that now has 113.5 million followers
Shriram Properties Apr-Sep sales bookings climb 27% to Rs 747 crore. Shriram Properties on Thursday reported a 27 per cent increase in sales bookings to Rs 747 crore during the first six months of this fiscal year. In a statement, Shriram Properties said the company has achieved a 52 per cent rise in sales volume at 1.01 mi
Logistics firm OBCL bags Rs 150-crore transportation contract from Vedanta. Logistics firm Orissa Bengal Carrier Limited (OBCL) has entered into an agreement with mining major Vedanta Limited for the transportation of finished aluminium items. The deal is of around Rs 150 crore and the period of the transportation pact is one year
India's taxes on crypto transactions may 'kill the industry': Binance CEO. Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"
JSW Steel eyes 50 MT capacity by 2030 via greenfield, brownfield options. Jindal's growth plans are in sync with the country's target of doubling crude steel capacity to 300 mt of crude steel capacity in the next 9-10 years
Vodafone Idea enhances postpaid offering as it loses ground to Airtel. New Vi Max postpaid plan offers users more data and SMSes per month, apart from travel discounts, airport lounge access, and priority customer service; comes into effect on Wednesday
Adani Transmission net profit falls 32% to Rs 194 cr in Sept quarter. Adani Transmission on Wednesday reported a 32 per cent dip in its consolidated net profit at Rs 194 crore in September quarter compared to year ago, mainly due to adverse forex movement adjustment. The company explained in a statement that in the second qu
Cement maker Dalmia Bharat Sept quarter profit falls 77% to Rs 47 cr. Cement maker Dalmia Bharat Ltd on Wednesday reported a 76.84 per cent decline in consolidated net profit at Rs 47 crore for the quarter ended September. The company had posted a net profit of Rs 203 crore during the July-September quarter a year ago, Dalmi
Zomato launches hotline number to report rash driving by delivery partners. Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time
DealShare launches private brands, plans Rs 500 cr investment in 2-3 years. Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years
JK Paper Q2 net more than doubles to Rs 327 crore, revenue rises 72%. JK Paper on Wednesday reported more than two-fold increase in consolidated net profit at Rs 326.93 crore in the second quarter of FY23, helped by higher sales volume and enhanced sales realisation. The company had logged a net profit of Rs 118.38 crore in
Jindal Stainless Q2 results: Profit more than halves; revenue up 11.5%. While input costs fell 3% as raw material prices cooled off from their peak, power and fuel costs surged about 35%
Twitter may allows users to paywall their video content, says report. It is, however, unclear whether this option was conceived after Tesla CEO Elon Musk took over the platform
Reliance Cap bidders raise issues with Rs 20,000 cr financial implication. Suitors of debt-ridden Reliance Capital Ltd (RCL) have flagged off various legal issues with cumulative financial implication of Rs 20,000 crore to the lenders and administrator as the deadline for submission for binding bid is approaching. The last date f
USFDA issues warning letter to Lupin for Maharashtra-based API plant. The US health regulator has pulled up drug maker Lupin for manufacturing lapses, including failure to establish adequate written procedures for cleaning equipment, at its Maharashtra-based plant. In a warning letter, the US Food and Drug Administration (US
Modi says India best for investments; JSW, Adani commit Rs 1 trn in K'taka. JSW, Adani commit to spend over Rs 1 trn each in Karnataka over 5-7 years
Mansukh Mandaviya asks companies to invest in India's chemicals industry. Chemicals and Fertilisers Minister Mansukh Mandaviya on Wednesday said the central government is pro-poor, pro-farmer and also industry friendly, and exhorted domestic as well as global companies to invest in the country's chemicals industry. He also said
Nykaa's strong performance in Sept quarter bucks new-age tech bloat. Nykaa has already expanded to 15 cities, not states. Ergo fulfilment costs are already down. Distance from warehouse to customer has therefore, shrunk
M&M Financial Services net profit falls 55% to Rs 492 cr in July-September. Mahindra & Mahindra Financial Services (Mahindra Finance) on Wednesday reported over 55 per cent decline in its net profit at Rs 492 crore in the quarter ended September 2022. In the year ago same quarter ended September 2021, it had posted a net profit of
Manali Petrochemicals reports Q2 standalone net profit at Rs 11.71 crore. Petrochemical manufacturing firm Manali Petrochemicals Ltd reported a standalone profit after tax (PAT) at Rs 11.71 crore for the second quarter ending September 30, 2022, the company said on Wednesday. The city-based company which is a part of the AM Inte
Within a month, Bharti Airtel crosses 1-million 5G subscribers mark. As of August, Airtel had the second largest overall mobile phone user base at 363.8 million
AirAsia India-Air India Express merger likely by 2023-end: Air India. Air India on Wednesday said an operational review process is underway to integrate budget carrier AirAsia India with Air India Express and the merger is likely by the end of 2023. Tata group-owned Air India has also signed agreements to have a 100 per cent
After Thums Up and Sprite, Maaza is Coca Cola India's next billion bet. Earlier in 2022, Thums Up became the first Indian brand from the company's Indian portfolio to touch billion in sales
Rohan Murty wants to use data to make white-collar workers more efficient. The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning
IFC invests Rs 300 cr in agro-chemical firm Crystal Crop Protection. Agro-chemical firm Crystal Crop Protection Ltd on Wednesday said it has raised Rs 300 crore from IFC to fund its expansion and growth plans. International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development instit
NPCI CEO pitches UPI autopay after Musk demands fee for blue ticks. Even as a debate rages about Twitter's decision to charge users for 'blue ticks', the NPCI has pitched its UPI autopay offering to take care of the monthly payments. National Payments Corporation of India (NPCI) managing director and chief executive Dilip
Glenmark Pharma gets US health regulator nod for generic medication. Glenmark Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market Sodium Phenylbutyrate tablets, used in treating urea cycle disorders, in America. The company has received final approval from the US Food and Drug A
Byju's decides not to shut its Kerala centre after founder meets CM. Byju Raveendran reiterates his commitment to the state, says company spokesperson
Amid heavy sell-off, FPIs dump 30 mn Paytm shares in less than a year. The retail shareholding has increased to 6.37% at the end of September, as compared to 2.79% at the time of listing
Garuda Aerospace, IISc sign MoU for research projects, geographical surveys. The collaborative operational and research projects in these areas may be taken up by Garuda Aerospace and IISc's Department of Aerospace Engineering
JSW Group plans to invest Rs one trillion in Karnataka in five years. The JSW Group plans to invest Rs one lakh crore in Karnataka over the next five years, its Chairman Sajjan Jindal said on Wednesday. In his address to the inaugural function of ''Invest Karnataka 2022", the State's Global Investors' Meet (GIM) here, he als
JSW group to invest Rs 1 trn in Karnataka in five years, say Sajjan Jindal. This is in addition to the Rs 1 trillion already invested in the state, and would be in steel, green energy, cement, paints and a new greenfield port
Airtel says crossed 1 million customers on 5G network amid network build-up. Telecom operator Bharti Airtel on Wednesday said it has surpassed 1 million customers on 5G network within 30 days of its commercial launch even while the network is being built. Earlier, Airtel had announced phase wise roll-out of its 5G services in Delhi
Mahindra Holidays Q2 profit down 31% on higher expenses, fall in revenue. Total expenses rose to 5.75 billion rupees from Rs 5.15 billion
Maruti Suzuki India crosses 25 million cumulative production milestone. Maruti Suzuki India (MSI) on Wednesday said it has crossed 2.5 crore cumulative production mark. MSI started production in December 1983 and crossed the 10-lakh production mark in March 1994. It crossed 1- crore mark in March 2011 and 2-crore milestone in
Covid impact shows that work can be done remotely: Wipro's Rishad Premji. IT companies facing high attrition because they chase the same talent pool and should widen their search, he says
On rising demand, Akasa Air to start Bengaluru-Pune flights from Nov 23. Akasa Air will start flights to Pune from November 23, making the city the ninth destination in the new airline's network. The carrier, which started operations on August 7, expects to cross some 58 daily flights and 400 weekly flights by the end of Novemb
Marico expands plant-based protein portfolio with Saffola Soya Bhurji. Product launched in Bengal, Delhi and Mumbai across general trade; will be available pan-India in phases, and across modern trade and major e-commerce platforms as well
Bayer ties up with 2 firms to help 10 mn Indian farmers in digitisation. Global life sciences firm Bayer on Wednesday announced its tie-up with Rabo Partnerships and Mastercard for a five-year programme that aims to help 1 crore small farmers in India gain easier access to formal financial services. The programme is part of Bay
AirAsia exits AirAsia India, sells 16.33% stake to Air India for Rs 156 cr. Malaysian carrier's India foray ends after eight years; Tatas are working to merge AirAsia India with low-cost service Air India Express
DealShare plans to invest Rs 500 cr in 2-3 years in private brands business. E-commerce firm DealShare on Wednesday said it has launched 52 categories under its private brand business and plans to invest Rs 500 crore in the new segment in the next 2-3 years. The company has launched 52 categories under Chemko (home cleaning) Swacch
CCI puts AGI Greenpac's acquisition of HNG on hold, seeks more details. On the CCI website, the notice filed by AGI Greenpac on September 27 regarding the acquisition, has been marked as 'Notice Not Valid'
Emergency bid: GAIL inks agreement with ADNOC to secure LNG supply. Officials said the agreement represents a reworking of India's gas sourcing strategy as the country aims to aggressively source LNG from a wider list of nations
P&G India set up Rs 200-cr 'Technovate Fund' to solve business challenges. The firm has also committed to spend more than Rs 1,300 crore in business solutions through its 'vGrow' platform
TVS Motor Company sells over 300,000 units; sales up by 2% in October 2022. TVS Motor Company Sales Grows by 2 percent in October 2022
Wheels India reports net profit at Rs 15.14 cr for July-September quarter. Wheels India Ltd, manufacturer of steel wheels for automobiles has reported net profit at Rs 15.14 crore during the quarter ending September 30, 2022, the company said on Tuesday. The company had reported net profits at Rs 21.2 crore during corresponding q
Agritech startup Otipy appoints Rohit Sood as chief business officer. Agritech startup Otipy, a marketplace for fresh fruits and vegetables, has appointed Rohit Sood as the Chief Business Officer to drive the next phase of business expansion. Rohit is a senior retail and e-commerce leader having more than 16 years of experie
Flipkart FY22 net loss widens to Rs 3,413 cr despite increase in revenues. E-commerce major Flipkart India's consolidated net loss widened to Rs 3,413 crore in the financial year 2021-22 despite increase in revenues, according to financial data accessed by business intelligence platform Tofler. The Walmart group-owned firm had re
Uber says autorickshaw service 'under cloud' in Bengaluru, blames price cap. Aggregators operating in city after High Court stays a state government ban on them providing autos
ABB India inaugurates its first smart instrumentation factory in Bengaluru. ABB India on Tuesday said that it has inaugurated its first smart instrumentation factory in Bengaluru for mass production of measurement and analytical devices. "ABB Measurement & Analytics recently opened its first smart instrumentation factory in Bengal
After ONGC, BPCL gets interim head in absence of regular appointment. Vetsa Ramakrishna Gupta on Tuesday assumed additional charge as chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL) -- the second 'Maharatna' oil PSU to get an interim head in the absence of a regular appointment. Gupta, Director (Fin
Bharti Airtel to focus on rural markets to narrow gap with Reliance Jio. Decision on differential 5G pricing may be taken after 6-9 months: Vittal
LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions. Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore
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