NSE share market NEWS tomorrow (13 May, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (13 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 May 2022
Pb Fintech was amongst the top gainers, currently trading at 645.20 in NSE with 4.14 times change in volumes and 17.394% change in price. Other gainers included Tata Elxsi with 14.557% price change and 3.071 times volumes, Kei Industries with 9.107% price change and 1.864 times volumes, Rbl Bank with 8.997% price change and 2.351 times volumes, and Indraprastha Gas with 7.718% price change and 3.14 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 2171.55 in NSE with 1.935 times change in volumes and -10.885% change in price. Other losers included Indus Towers with -9.278% price change and 1.731 times volumes, Oracle Financial with -7.697% price change and 2.061 times volumes, Vedanta with -6.794% price change and 1.218 times volumes, and Hindalco Industries with -4.398% price change and 0.714 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.
Myntra's vice president and head of marketing Achint Setia to move on. He had brought 17 years of expertise in scaling businesses in consumer tech and media to the organisation
UCO Bank Q4 net profit jumps over 3-fold to Rs 312 cr as bad loans fall. State-owned UCO Bank on Friday posted an over three-fold jump in net profit at Rs 312.18 crore for the quarter ended March 2022 as a fall in bad loans lowered the provisioning requirement. The lender had posted a net profit of Rs 80 crore in the correspond
A first in India: Zydus brings new drug for uncontrolled 'bad' cholesterol. Uncontrolled LDL-c, which poses a major risk of cardiovascular diseases, lacked proper treatment despite patients' lifestyle changes and use of statins
Pine Labs appoints ex-Amazon India HR Head as its chief people officer. Prior to Amazon, Vijayalakshmi Swaminathan was a founding partner at CoCoon Consulting, a cross-sectoral boutique HR consulting firm
Jet Airways to have best possible app, website among Indian carriers: CEO. Jet Airways will have the best possible app, website and IT systems and services among all Indian carriers without losing the human touch, its CEO Sanjiv Kapoor said on Friday. "Human interaction cannot be fully replaced by technology -- it must always be
Tech Mahindra Q4 net up 39.2% YoY to Rs 1,506 cr, rises 10% sequentially. Revenue up 24.5% YoY at Rs 12,116 crore; In dollar terms revenue for the quarter was up 5.4% at constant currency at .6 billion
Eicher Motors Q4 net profit up 16%, Royal Enfield bikes sales dip. Company had 'stellar performance' in international markets with more than 100% growth, says managing director
UCO Bank Q4 net profit up 290%, says will open new branches across India. The company says it seeks a loan growth of 15 per cent this fiscal and it has managed to reduce its NPA.
CESC consolidated net profit rises 3.7% to Rs 445 crore in March quarter. The consolidated net profit of the company was at Rs 429 crore in the quarter ended March 2021, a BSE filing said
RPower posts Rs 555 cr loss in March quarter, total expense up 53%. Reliance Power on Friday reported a consolidated loss of Rs 555.18 crore for the March quarter, mainly due to higher expenses. The company had clocked a consolidated net profit of Rs 72.56 crore in the quarter ended March 31, 2021, as per a BSE filing. Tot
REC net profit rises 14% to Rs 2,301 cr in March quarter on higher revenues. The consolidated net profit of the company was Rs 2,017.84 crore in the quarter ended March 2021, a BSE filing said
Non-life insurers' gross premium income rises 24% to Rs 21,327 cr in April. The non-life insurance companies had a gross premium business worth Rs 17,251.10 crore in April 2021
PMI Electro to set up commercial EV manufacturing plant in Maharashtra. The facility, for which the foundation stone was laid on Friday, would be in conformity with all green building norms and be commissioned by August 2023
JK Paper Q4 profit rises 25% to Rs 170 cr; logging numbers like in Q3. JK Paper Ltd on Friday reported a 25 per cent increase in consolidated net profit at Rs 170.17 crore for the fourth quarter ended March riding on higher sales volumes. The company had posted a consolidated net profit of Rs 136.07 crore in the corresponding
RInfra posts 72% loss at Rs 449 crore in Q4, total income down by 8%. Reliance Infrastructure on Friday reported a loss of Rs 449.13 crore in the March 2022 quarter. The company had reported a consolidated net profit of Rs 1,611.02 crore in the corresponding quarter of FY21, a BSE filing said. The total income in the quarter
Bank of Baroda Q4 Net profit jumps to Rs 1,779 cr, NII grows 21%. State-owned Bank of Baroda Friday reported a standalone profit after tax of Rs 1,779 crore in the quarter ended March 2022, helped by higher interest income and fall in bad loans.
Emami posts consolidated net profit of Rs 354 crore on hefty MAT credit. Revenue for the quarter under review was Rs 770 crore, a 5 per cent rise over the topline of Rs 730 crore in January-March 2021
AU Small Finance Bank, Tata Elxsi and Adani Power soar on MSCI foray. From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China
Triveni Turbine net profit rises 42% to Rs 33 crore in March quarter. Triveni Turbine on Friday posted about 42 per cent rise in its consolidated net profit at Rs 33.02 crore in the March 2022 quarter.
Nazara Tech's net profit up 17% to Rs 4.9 cr in Q4, revenue increases 42%. Digital gaming and sports platform Nazara Technologies on Friday posted an about 17 per cent increase in consolidated profit to Rs 4.9 crore for the quarter ended March 2022.
IPO-bound Paradeep Phosphates raises Rs 450 crore from anchor investors. Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.
Shah Rukh Khan's Knight Riders Group acquires franchise in UAE T20 League. So far, the Adani group, Reliance Industries, GMR and Capri Global have invested in the Indian Premier League-(IPL)-style tournament
Jet Airways' proving flights scheduled to take place on May 15 and May 17. Proving flights are similar to commercial flights but with officials of the Directorate General of Civil Aviation (DGCA), executives and flight crew of the carrier concerned on board
RIL-backed omnichannel platform Fynd to hire over 1,200 engineers this year. From Gujarat, the company will look for skilled developers from python, full stack, NodeJS, angular, java, and DevOps engineers across all levels, it said
Why is India facing a shortage of gig workers?. The fledgling online delivery platforms are suddenly facing a shortage of delivery partners. Why are gig workers in such a short supply? How is this affecting food delivery and quick commerce firms?
Inflation: Your soap or cookies may not be getting pricier but lighter. Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel
Fearing closure of petrol pumps, RIL-BP drafting a rescue plan: Report. Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government
AU SFB shares jump 6% after MSCI includes stock in global indices. Four domestic stocks added, one excluded from MSCI Standard index
Zipaworld plans to raise over Rs 3.8 crore in early-stage funding round. The startup plans to harness the funds to mobilise and accelerate AI and ML-based logistics and supply chain services
Tata Motors shares jump over 8% after narrowing of net loss in Q4FY22. The stock jumped 8.30 per cent to Rs 403 on the BSE; at NSE, it zoomed 8.31 per cent to Rs 403.25 apiece
Companies committed to cutting emissions represent trn in economy: Rpt. In 2021, the number of SBTi companies doubled to 2,253, including 1,082 companies with approved targets and 1,171 that committed to set science-based targets
SBI Q4 result: Profit rises 41% to Rs 9,113 cr; Rs 7.10-dividend announced. SBI Q4 result: The numbers missed Street estimates, which was expecting the net profit to rise in the range of 63-72 per cent YoY to come in between Rs 10,493 crore and Rs 11,056.7 crore
LIC Housing Finance increases home loan rate to 6.9% for select borrowers. For borrowers with CIBIL score of 700 and above, the rate hike has been limited to only 20 bps, LIC Housing Finance said in a statement, adding that the revised rates are applicable from Friday
Bandhan Bank Q4FY22 income up 43% to Rs 3,504.2 cr; profit at Rs 1,902.3 cr. Net NPAs or bad loans reduced significantly to 1.66 per cent, from 3.51 per cent
Union Bank of India reports 8% rise in fourth-quarter profit at Rs 1,440 cr. The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year
Matrimony.com showed good growth, poised to enhance momentum: CMD. The city-based company had registered a 15.6 per cent jump on its consolidated profit after tax for the quarter and 31.44 per cent on PAT for the year ending March 31, 2022.
Swiggy enters high-end dining market with acquisition of Dineout. Online food delivery platform Swiggy on Friday announced it has acquired Dineout, a dining out and restaurant tech platform, for an undisclosed sum.
Escorts Q4 net profit drops 28% to Rs 190 cr, impacted by lower sales. Farm machinery and construction equipment major Escorts Ltd on Friday reported a 28.42% decline in consolidated net profit at Rs 189.98 crore in the fourth quarter ended March, impacted by lower sales
Swiggy signs deal with Times Internet to acquire Dineout for unknown sum. Dineout will continue to run as an independent app post acquisition; Swiggy to get access to several new restaurant partners, existing Dineout team
Patna High Court issues arrest warrant against Sahara chief Subrata Roy. The Patna High Court on Friday issued an arrest warrant against Sahara India chairman Subrata Roy after he failed to appear before it despite repeated summons
Vodafone Idea records top download speed of 5.92 Gbps in Pune 5G trials. Vodafone Idea Ltd (VIL) and Ericsson on Friday announced achievement of a technology milestone during the ongoing 5G trials, by demonstrating a peak download speed of 5.92 gigabits per second.
Maruti Suzuki to invest Rs 11,000 cr for new manufacturing plant in Haryana. The country's largest carmaker Maruti Suzuki India (MSI) on Friday said it will invest Rs 11,000 crore in the first phase of its new manufacturing facility in Haryana. The company on Friday completed the process of allotment of an 800-acre site at IMT Khar
RIL top-ranked Indian firm on Forbes Global 2000 list, leaves Adani behind. "Energy and banking sector corporations were among the highest-ranking Indian companies in Forbes' Global 2000 list of public companies this year," the publication said.
Top headlines: Musk puts Twitter deal on hold, SBI Q4 profit rises 41%. Elon Musk says his -billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts
Tata Motors' Q4 net loss narrows to Rs 992 cr; JLR posts revenue of £4.8 bn. On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review against a net profit of Rs 1,645.68 crore in the fourth quarter of 2020-21
India among best-performing markets in tough times: Unilever CEO Alan Jope. India is one of Unilever's priority markets along with the US and China
KPTL and its subsidiaries secure new orders worth Rs 4,474 crore. The company received oil and gas pipeline projects in India and the Middle East worth Rs 169 crore
Tata Group picks New Zealander Campbell Wilson as Air India's new CEO. New Zealand-born Campbell Wilson, 50, started his career with Singapore Airlines in 1996
RBL Bank's Q4 net profit doubles to Rs 164.7 crore, NII rises 25%. RBL Bank's consolidated post tax net profit more than doubled to Rs 164.77 crore in the March quarter, mainly due to a low base in the year-ago period. The city-based private sector lender reported a net profit of Rs 197.83 crore on a standalone basis in t
Aided by IPL, Disney+ Hotstar adds over 4 mn subscribers in March quarter. Rival Netflix loses 200,000 global subscribers in the period
NCLT allows Future Retail more time to file reply to insolvency plea. Amazon moves application, says Future Retail and banks are colluding to deny its rights.
Ujjivan Small Finance Bank's Q4 profit falls 7% to Rs 126.5 crore. Ujjivan Small Finance Bank (SFB) on Thursday reported a 7 per cent decline in its net profit to Rs 126.5 crore for the last quarter of the fiscal ended in March 2022
HCL Tech seeks double-digit growth, larger global footprint: Roshni Nadar. HCL Technologies reported dollar revenue growth of 11 per cent year-on-year at .99 billion for FY22
Battle-hardened Bharti Airtel's future looks good now, says Sunil Mittal. With only "two-and-a-half players" left in the highly competitive domestic telecom sector, the future of battle hardened Bharti Airtel looks good now, its Chairman Sunil Mittal said on Thursday
CreditAccess Grameen Q4 net profit jumps over two-fold at Rs 160 crore. Its profit after tax stood at Rs 56.3 crore in the same quarter of the preceding fiscal year
SoftBank logs bn FY net loss, will trim tech investment portfolio. 'We have to prepare for the worst; be in defence mode,' says Masayoshi Son, company CEO and founder
Tube Investments of India clocks standalone PAT of Rs 136.36 crore in Q4. Total income for the year ending March 31, 2022 rose to Rs 6,432.91 crore from Rs 4,302.28 crore registered a year ago
RBI imposes Rs 2.97 million penalty on Unimoni Financial Services. A show-cause notice was issued to Unimoni Financial Services. The penalty was imposed after considering the company's response
L&T Q4 net increases 10% to Rs 3,621 cr, firm declares dividend of Rs 22. L&T admitted that volatility in the price of crude oil and other commodities owing to geopolitical uncertainties was pushing up input prices
Tata Motors expects capex to increase to up to Rs 6,000 crore in FY23. The investments will be spread across the company's different verticals of commercial vehicles, passenger vehicles and electric vehicles, Group CFO P B Balaji said
Increasing production capacity in India to start exporting devices: Vivo. Danish said that the company's strategy is to cater to customer needs and be on top of their mind this year to grow the business
Poonawalla Fincorp's logs Q4 consolidated net profit of Rs 119 cr. The company's housing finance subsidiary proposes to raise growth capital
Aditya Birla Capital profit after tax rises 20% to Rs 450 cr in March qtr. The consolidated revenue of the company for Q4 FY22 grew 18 per cent from a year ago to Rs 6,962 crore, Aditya Birla Capital (ABCL) said in a release
HCC consolidated net profit declines 80% to Rs 30.88 crore in Q4. Total expenses increased to Rs 2,884.36 crore from Rs 2,618.48 crore earlier
Taking steps to address compliance issues: PTC CMD Rajib K Mishra. PTC in a statement on Thursday said a board meeting to declare the financial results would be called shortly
Apollo Tyres Q4 profit drops 61% to Rs 113 cr; revenue rises 11%. Apollo Tyres on Thursday said its consolidated net profit has declined by 61 per cent to Rs 113 crore for the fourth quarter ended March. The company had reported a consolidated net profit of Rs 287 crore in the January-March quarter of 2020-21 fiscal. Rev
Fintech firm BharatX raises .5mn in seed round to expand business. The company works with brands and websites to provide a credit feature in their apps to serve customers.
Airtel 'very strong' and 'battle hardened' after crises: Sunil Mittal. Company's digital revenue should be more than a billion dollars in the next few years, says group chairman
Skanda Aerospace Technology first private firm to build helicopter gears. SATPL is a joint venture (JV) between the Hyderabad-based Raghu Vamsi Machine Tools (RMVT) and Texas-based Rave Gears LLC
Patna HC asks Sahara chief Subroto Roy to appear before court on Friday. The Patna High Court on Thursday took a tough stand against Sahara India chief Subroto Roy after he did not appear before the court.
Govt's dues conversion into 33% stake to be completed in coming weeks: VIL. Debt-ridden telecom operator Vodafone Idea expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, a top official said
Consumer durables to see 3%-5% price hikes amid costlier imports: Industry. The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components
Why are top Indian companies vying for Holcim's India assets Ambuja and ACC. The race is on to acquire Ambuja Cements and ACC. Why do India's leading firms want to buy Holcim's stake? And why did the Swiss company decide to quit India which contributes 27% of its global sales?
Toyota plans to make EV parts in India for domestic, export markets. The move follows the company's recent announcement that it will invest 48 bn rupees (1 mn) in India to localise the supply chain for EVs, and is also part of its broader 2050 carbon-neutrality goal
Birla's Hindalco Industries plans .5 billion US aluminium recycling mill. The new facility will increase Novelis's, unit of Hindalco, recycling capacity to 90 billion cans globally, from 74 billion currently
Indian companies should hit sustainability targets abroad, not just at home. Activist investors on the lookout for "greenwashing" have to be careful of the unintended consequences of their choices
Tata Group making plans for battery firm in India, abroad: N Chandrasekaran. The group is making a transition towards sustainability across businesses which includes a clean mobility push at Tata Motors and its British luxury unit Jaguar Land Rover, N Chandrasekaran said
Ola Electric sees high-profile exits amid govt scrutiny, user complaints. The exits come at a time when Ola is reportedly planning its IPO this year at a lower valuation than planned earlier as several startups' IPOs have proved to be a nightmare for the investors
ApnaKlub raises mn in series A funding round from Tiger Global. ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community
ED asks court to restore block on 5 million Xiaomi bank assets. ED had seized the money saying Xiaomi had illegally transferred funds abroad to three entities, including one in the Xiaomi group, describing them as payments "in the guise of royalty".
Companies looking to accelerate digital transformation: HCL's Roshni Nadar. The global clients have a razor-sharp focus on accelerating digital transformation with efficiency, HCL Technologies Chairperson Roshni Nadar Malhotra said
Byju's in talks with lenders for billion to fund acquisition plans. The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said
IT firm Coforge's Q4 net profit increases by 56.16% to Rs 207.7 crore. Revenue from operations during the quarter increased to Rs 1,742.9 crore from Rs 1,281.5 crore in the corresponding quarter of 2020-21
JSW Infrastructure commissions Rs 1,300-cr Paradip East Quay coal terminal. JSW Infra already has an iron ore terminal at the Paradip Port with a capacity to handle 10 mtpa of iron ore/ pellets. This terminal is designed to load the cape vessels within 48 hrs
Disney+Hotstar to get 100 original shows as it gains 7.9 mn new subscribers. The Walt Disney Company has revealed that it is working on 100 original shows in local content for the country where its Disney+Hotstar OTT platform is currently the leader.
Ather Energy raises 8 mn led by NIIF's SOF, Hero MotoCorp & others. While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance
Ford drops plan to manufacture EVs in India; opts out of PLI scheme. Company communicates to the government that it no longer intends to invest in the country under the PLI scheme
NTPC invites bid to raise Rs 5,000 cr via term-loan to fund capex. State-owned power giant NTPC has invited bids for raising term-loan of up to Rs 5,000 crore, which would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects. "Proceeds of the loan shall be utilised towar
Tata Sons appoints Campbell Wilson as CEO & MD of Air India. Wilson was until recently the CEO of Scoot, a low-cost subsidiary of Singapore Airlines
Salary hikes at companies inching closer to pre-Covid levels: Report. E-commerce and tech start-ups, healthcare, and allied industries plan salary hikes of more than 10 per cent.
AWS, Apeejay Education start programme for National Education Policy. The initiative will enable academic institutions in India to align with the technical requirements of the government's National Education Policy 2020.
Tata Motors Q4 net loss narrows to Rs 1,033 cr; revenue falls 11%. The improvement in consumer sentiment, buoyancy in e-business, firming freight rates, reopening of schools and offices helped regenerate demand, says company's executive director
Karnataka HC allows Xiaomi to access overdraft facilities from banks. The company had sought to use Rs 1,000 crore for its day-to-day expenditure
L&T Q4 net profit rises 10% to Rs 3,621 cr, firm declares dividend of Rs 22. Company reports 10% jump in consolidated revenue at Rs 52,851 cr
India tax authorities froze 8 million of Xiaomi funds in Feb: Report. The fund freeze by tax authorities comes on top of another legal tussle Chinese smartphone giant Xiaomi faces.
Top headlines: Retail inflation soars to 7.79% in Apr; L&T Q4 net rises 10%. Business Standard brings you the top headlines on Thursday
End of an era: Apple drops last iPod model after two decades. Late Apple co-founder Steve Jobs introduced the iPod nearly 21 years ago with his legendary showmanship flare
Over 800 WhiteHat Jr workers resign when asked to work from office: Report. The employees who resigned didn't want to relocate to their respective office locations
Relaxo Footwears Q4 net profit falls 38% to Rs 63 cr; revenue declines 6.6%. Relaxo Footwears Ltd on Wednesday reported a decline of 38.40 per cent in its net profit at Rs 62.93 crore for the fourth quarter ended March 2022. It had posted a net profit of Rs 102.17 crore in the January-March quarter of the preceding fiscal, Relaxo F
No business can do without data tech, AI adoption: Tata's N Chandrasekaran. All businesses have to become AI and data solution-compliant and no one can escape this trend, Tata Group Chairman N. Chandrasekaran said on Wednesday.
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