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NSE share market NEWS tomorrow (09 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (09 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 May 2022

Indus Towers was amongst the top gainers, currently trading at 205.90 in NSE with 1.376 times change in volumes and 3.519% change in price. Other gainers included Federal Bank with 2.964% price change and 0.8 times volumes, Power Grid with 2.831% price change and 3.055 times volumes, Oil India with 2.827% price change and 0.633 times volumes, and Hcl Technologies with 2.466% price change and 1.032 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.

Canara Bank was amongst the top losers, currently trading at 201.35 in NSE with 1.605 times change in volumes and -8.206% change in price. Other losers included Tata Power with -6.199% price change and 2.174 times volumes, Fsn E with -6.14% price change and 1.089 times volumes, Apl Apollo with -5.916% price change and 3.038 times volumes, and Adani Green with -5.858% price change and 0.639 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.

Reliance to clock bn in EBITDA by 2022-end, says Morgan Stanley. High refining margins, gas prices and telecom ARPUs key contributors; stock falls nearly 4 per cent on Monday

Valuations are temporary, values are forever: OYO CEO Ritesh Agarwal. Startup founders should remember that valuations are temporary and values are forever, and they must focus on doing good and stay grounded, travel and hospitality technology platform OYO's Founder and Group CEO Ritesh Agarwal said on Monday. Commenting on

Shipping Corp board approves changes in demerger scheme for non-core assets. State-owned Shipping Corporation of India on Monday said its board has approved certain modifications in the scheme of arrangement for demerger of the company's non-core assets

IndiGo case raises issue of India's lack of law for cognitive disabilities. Experts say that while regulations are more pronounced on how to handle physical disabilities, they are silent on mental or cognitive ones

Adani becomes fourth Indian group to acquire franchise in UAE's T20 League. Follows RIL, GMR group and Capri Global; tournament likely to be launched in June

Infibeam Avenues Q4 net profit dips 11% to Rs 28 cr; revenue up 84%. For the full FY22, the profit after tax stood at Rs 84 crore, up 19 per cent over the previous fiscal

IDBI Bank board approves appointment of T N Manoharan as part-time chairman. The bank also announced that M R Kumar has ceased to be the non-executive non-whole time chairman of the bank with effect from May 8, 2022, after completion of the RBI approved term of three years

Navankur Infranergy starts mobile fuel station for doorstep diesel delivery. 'Booster Diesel' will meet the demand for diesel by various end-users at their doorstep, according to a release

Peerless Group managing director S K Roy, 78, dies after prolonged illness. He is credited with diversifying the Peerless group into hospitality, healthcare and real estate. The group's turnover is about Rs 2,500 crore. In 2009, Roy received the Padma Shri

GMR group wins right to run Nagpur Airport as SC upholds Bombay HC decision. MIHAN had moved SC following Bombay High Court's refusal to annul the bidding process of Nagpur airport which was won by GMR in 2018

Lenders' haircut to help Tata Power revive generating firm Coastal Gujarat. Coastal Gujarat's capacity goes up as Gujarat, Maharashtra buy more power

Godrej Agrovet Q4 profit doubles to Rs 140 crore, revenue up 42%. The company's profit stood at Rs 63.38 crore during the corresponding period of the previous fiscal, Godrej Agrovet said in a statement

Adani Ports & SEZ moves HC against disqualification from JNPA tender. APSEZ moved the Bombay High Court challenging the disqualification of its bid in connection with a tender issued by state-run Jawaharlal Nehru Port Authority for upgradation of container terminal

Prudent Corporate Advisory gets Rs 159 cr from anchor investors before IPO. The company has decided to allocate a total of 25,30,651 equity shares to anchor investors at Rs 630 apiece, aggregating the transaction size to Rs 159.43 crore, as per the circular uploaded on BSE

Recoveries by financial creditors under IBC shrink to 33%, shows data. It was 39.3 per cent as of March 2021, and as high as 46 per cent till March 2020, according to the Insolvency and Bankruptcy Board of India (IBBI) data

Central Bank of India back in black, logs Rs 310-crore profit in Q4. It had posted a net loss of Rs 1,349 crore in the quarter ended March 2021

Adani group raises 0 million debt to fund development at six airports. The group has option to raise another 0 million under the existing facility

OYO completes acquisition of Europe-based Direct Booker for .5 mn. OYO acquire Europe-based Direct Booker. OYO has in the recent past declared its intent of actively scouting for 'tuck-in' acquisitions, especially in the European market as a strategic growth lever

Glenmark gets tentative nod from USFDA for generic psoriasis foam. Glenmark Pharmaceuticals on Monday said its US-based arm has received tentative approval from the US health regulator for its generic Calcipotriene and Betamethasone Dipropionate foam used to treat psoriasis. The tentative approval granted to Glenmark Phar

MG Motor India crosses 100,000 cumulative sales mark in nearly 3 yrs. MG Motor, which started selling its vehicles in India with the launch of Hector SUV in June 2019, currently has a portfolio including the electric SUV, ZS EV, premium SUV Gloster and compact SUV Astor

Ruchira Green Earth eyes Rs 500 cr revenue by 2025 on pent-up demand. The company also said it is looking to tap into battery swapping and replacement markets apart from large Energy Storage System (ESS) applications in the domestic market

L&T bags water project in Jharkhand; to irrigate 22,283 hectares in Dumka. Engineering major Larsen & Toubro (L&T) on Monday said it has bagged a significant project from Jharkhand government for irrigation. The project envisages to provide water to irrigate 22,283 hectare of Culturable Command Area (CCA) in Dumka district of Jha

Ratan Tata-backed jewellery retailer BlueStone names Rumit Dugar as CFO. Rated among India's top analysts, he has been associated with organisations such as JP Morgan, Infosys and IDFC

PVR reports net loss of Rs 105.49 cr, revenue at Rs 537.14 cr in Q4. Leading multiplex chain operator PVR Ltd on Monday reported narrowing of its consolidated net loss to Rs 105.49 crore for the fourth quarter ended in March 2022. The company had posted a net loss of Rs 289.21 crore in the January-March quarter a year ago,

NSE scam: Court defers order on bail plea of Chitra Ramkrishna, Subramanian. A special CBI court here on Monday deferred the verdict on the bail applications of former NSE head Chitra Ramkrishna and former employee Anand Subramanian, who were arrested by the probe agency

'10,000 trees': Goldman Sachs' scheme to help restore Bengaluru green cover. Initiative entails a pledge to plant one tree in and around Bengaluru for every Goldman employee in India by 2025

Central Bank of India reports Q4 net of Rs 310 cr on lower provisions. State-owned Central Bank of India on Monday reported a standalone net profit of Rs 310 crore in quarter ended March 2022, on the back of less provisioning for bad loans.

Campus Activewear stock soars 29% on debut, ends the day with 27% gains. The stock ended at Rs 371.7, with a gain of Rs 79.7 over the issue price of Rs 292 per share

Reliance Brands signs franchise agreement with Italian luxury brand Tod's. Indian company says it has become the official retailer of the brand across all categories including footwear, handbags and accessories.

HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash. Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites

Reliance likely to clock bn EBITDA by end 2022: Morgan Stanley. A refining golden age, tightening global gas markets and improving telecom subscriber quality point to a USD 20 billion-plus EBITDA run rate for Reliance Industries Ltd by end-2022, Morgan Stanley

Specially abled child barred from boarding IndiGo flight, NCPCR seeks FIR. The apex child rights body in the country, NCPCR, asked the Jharkhand police on Monday to lodge an FIR against IndiGo for barring a specially-abled child from boarding a flight at the Ranchi airport.

Tata Consumer Products MD Sunil D'Souza on food & non-food business plans. In a recent interview with Business Standard's Sharleen D'Souza, Tata Consumer Products MD and CEO Sunil D'Souza shares his strategic roadmap for food and non-food businesses. Listen in

HUL anticipates headwinds in coming quarters as inflation woes weigh. While the company will continue to drive savings 'harder', it will also take calibrated price increases but foresees a decline in margins in the short term.

CV sector set for double-digit growth this fiscal: Tata Motors' Girish Wagh. Commenting on the impact of rising commodity prices, Wagh said it has been unprecedented.

AirAsia India evaluates fuel savings from taxibot on two modified aircraft. After modifying two of its A320 aircraft, AirAsia India had on November 23 last year started using taxibot to tow them at the Delhi international airport

Macrotech to invest Rs 3.8k cr in FY23 on realty projects' construction: MD. Asked about deliveries of projects, he said the company delivered 6,000 housing units last fiscal year and the target is 10,000 units for 2022-23

Future Enterprises to raise Rs 3,000 cr via insurance biz sale to pare debt. Earlier on Thursday, Future Enterprises Ltd completed the sale of its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to joint venture partner Generali for Rs 1,266.07 crore

President Kovind bats for entry of startups into education, health sectors. Kovind was addressing a gathering here in Maharashtra after inaugurating the permanent campus of the Indian Indian Institute of Management (IIM) Nagpur. The premier institute was established in 2015.

Govt to invite bids for SCI by Sept; Shipping House, MTI to be hived off. As part of the strategic-sale process, the government is hiving off Shipping House and the training institute in Pune and some other non-core assets of Shipping Corporation of India (SCI).

Tata steel to grow organically, new acquisitions unlikely this decade: MD. Narendran said that the Jamshedpur-based behemoth will fuel its growth ambitions to more than double its output, relying on organic growth at its existing sites

How Reliance refinery is making millions as Ukraine war windfall. The facility is buying discounted cargoes of crude after self-sanctions on Russian fuels by some European Union companies pushed up margins.

Shanthi Gears Q4 net jumps 29.72% to Rs 12.22 cr, total income up 41%. Gear and gear products manufacturer Shanthi Gears Ltd has reported a 29.72 per cent rise in its profit for the quarter ending March 31, 2022 at Rs 12.22 crore, the company said on Sunday.

Shriram City to focus on small biz, gold loans in FY23; aims 18% AUM growth. Shriram City Union Finance will focus on personal, gold and small business loans to achieve its 18 per cent growth in AUM in the current fiscal year amid a slowdown in demand for two-wheelers due to shortage of components and other factors, a top company e

Home ministry grants clearance to Jet Airways after successful test flight. A letter sent by the civil aviation ministry to the airline on May 6 informed it about the grant of the security clearance by the Union home ministry.

WeWork India eyes 33% revenue growth in CY22 at Rs 1,000 cr on demand spike. Coworking major WeWork India is expecting 33 per cent growth in revenue during this calendar year at around Rs 1,000 crore, on the back of rising demand for flexible workspaces. In an interview with PTI, WeWork India Chief Executive Officer (CEO) Karan Vir

Pushp Kumar Joshi takes over as CMD of HPCL with effect from May 8. Pushp Kumar Joshi on Sunday took over as the new chairman and managing director of India's third largest oil refining and fuel marketing company Hindustan Petroleum Corporation Ltd (HPCL).

RIL sees gas prices rising in Oct; says revenue grew 3.5 times in FY21-22. It is anticipated that the price of gas from old fields of state-owned ONGC will be hiked to about USD 9 per mmBtu and the cap for difficult fields will rise to double digits

Vedanta offers Zambia investment commitments if handed back firm: Report. Vedanta Resources has offered to step up investment in Zambia's Konkola Copper Mines and implement several social responsibility programmes if it resumes control of the local firm

IndiGo says specially abled child was 'in panic', didn't board flight. Aviation regulator DGCA starts investigation and asks airline to submit report

Xiaomi accuses ED of 'physical violence' threats during forex investigation. The company alleges intimidation by India's premier enforcement agency when executives appeared for questioning multiple times in April.

SJVN bags 90 MW floating solar project worth Rs 585 crore in Madhya Pradesh. State-run SJVN Ltd has bagged a 90 MW floating solar project worth Rs 585 crore at Omkareshwar, in Madhya Pradesh. SJVN has bagged 90 MW Floating Solar Project at the rate of Rs 3.26/Unit on Build Own and Operate basis in a tender floated by REWA Ultra Me

Fire breaks out at Tata Steel's Jamshedpur plant; two workers injured. The incident has been reported to the relevant authorities and an investigation to assess the cause is underway

DCB Bank March quarter net profit jumps by 44.87% to Rs 113 crore. Private sector lender DCB Bank on Saturday posted a 44.87 per cent rise in its net profit at Rs 113 crore for the quarter ended March 2022

Tata Projects shortlisted for Noida International Airport construction. Tata Projects is executing critical road, rail, and metro projects in the country. It has also been selected for the construction of the new parliament building in Delhi

Indian Hotels Company eyeing 18-20 openings this year, says CEO Chhatwal. Of the 18 launches that IHCL is eyeing, 7-10 would be under the Ginger brand

CCI raids engineering companies after Coal India antitrust complaint. The watchdog as a matter of policy does not make public details of its ongoing price cartel investigations, or raids

Reliance Retail's net profit declines 4.8% to Rs 2,139 cr in March quarter. Reliance Retail said it delivered its best-ever quarterly revenues, which even surpassed the festive quarter performance despite the Omicron wave and coming out from the festive quarter

Jio Platforms net profit rises 23% to Rs 4,313 crore; revenue up 21.8%. Revenue from operations for the quarter grew 21.8 per cent to Rs 22,261 crore

'Maintain laser-like focus' to get certificate: Jet Airways CEO to staff. Jet Airways has not operated since April 17, 2019

Reliance Retail pre-tax profit rises 2.43% to Rs 3,705 crore in Q4. The company's gross revenue stood at around Rs 1,99,704 crore in the last fiscal

IHCL plans to raise women participation in workforce to 25% by 2025. IHCL's Managing Director and CEO Puneet Chhatwal said the company has been championing the cause of women and enhancing their participation, both within and outside the organisation

RIL Q4 consolidated net profit up 22.5%; FY22 revenue at Rs 7 trillion. Net profit goes past Rs 60,000 crore

ONGC wins 18 out of 21 oil, gas blocks in OALP-VI bid round, OIL gets 2. Sun Petrochemicals bid for three blocks, where it is locked in competition with ONGC

Boeing and Air Works collaborate on Indian Navy's P-8I fleet. Established in 1951, Air Works Group is India's biggest independent MRO with a pan-Indian presence across 27 cities

Piramal Capital & Housing Finance to hire 6k, to increase branches to 400. At present, the PCHFL has a loan book of around Rs. 2,100 crore in UP, and 21 branches covering all the key markets in the state

Future Enterprises sells 25% stake in joint venture insurance firm. Future Enterprises has defaulted on repayment of Rs 2,911.51 crore of loans to lenders

Elon Musk secures over -bn funding in new financing for Twitter buy. Expected to serve as temporary Twitter CEO

Mahindra Auto may be divided into three separate units, says report. Mahindra Group is also seeking funds for the EV unit and will club it with Italian design house Automobili Pininfarina to form a separate company, according to the report

"Buyer beware": Wadia issues public notice against Century's realty project. Century doesn't own 30 acres of land in Worli, it claims to own, says Nusli Wadia in public notice

Redcliffe Lifetech raises mn for expansion; LeapFrog Investments leads. The funding to Redcliffe Lifetech would help the diagnostic platforms to expand access to affordable, high-quality diagnostic tests across India, especially in tier 2, 3, and 4 cities

Canara Bank standalone net profit jumps 65% in Q4 to reach Rs 1,666 crore. The Bengaluru-based bank registered a 65 per cent jump in its Q4 standalone net profit

Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation. He was granted some ESOPS by investors and board based on past performance, right before IPO last year. Some of these vested last month as minimum one-year vesting is required by law

Canara Bank Q4 net up 65% to Rs 1,666 cr on better net interest margins. Lender to raise up to Rs 9,000 cr in capital via AT1, tier-II bonds

Karnataka High Court breather for Xiaomi India in ED seizure case. The High Court of Karnataka has given a breather to Xiaomi Technology India Private Limited by staying the April 29 order of the ED by which Rs 5551.27 crore of the company was seized

Mindtree and LTI announce merger to create a .5 bn IT Services behemoth. Upon the scheme becoming effective, Mindtree shareholders get shares of LTI in the ratio of 73 shares of LTI for every 100 shares of Mindtree

Lakshmi Venu takes over as MD of auto parts maker Sundaram-Clayton. She managed to turn the firm around, make it a competitive foundry globally, building deep customer ties with Cummins, Hyundai, Volvo, Paccar and Daimler

Lower provisions drive Federal Bank Q4 net up 13% to Rs 541 cr. NIM of the lender rose 7.38% to Rs 1,525.21 crore in Q4FY22, from Rs 1,420.37 crore in the year-ago period

Reliance Jio Q4 net rises 15.4% sequentially to Rs 4,173 cr, up 24% YoY. The company's revenues for the quarter grew 8 percent sequentially to Rs 20,901 crore

Delhivery may make it to FTSE index in Dec, MSCI India by next May: Analyst. The stock, however, is unlikely to get added to the benchmark Nifty and Sensex indices anytime soon, he says .

In talks with bank to settle dispute over dues: Ex-Supertech managers to SC. Embattled real estate major Supertech Ltd on Friday informed the Supreme Court that it is in talk with the financial creditor Union Bank of India to resolve the dispute over the payment of dues.

Cholamandalam Investment and Finance Company reports 183.9% rise in Q4 PAT. Cholamandalam Investment and Finance Company Ltd has reported a 183.9 per cent jump on its profit after tax for the quarter ending March 31, 2022 at Rs 690 crore, the company said on Friday.

Tata Power's net profit rises over 31% to Rs 632 cr in March quarter. Tata Power has reported an over 31% rise in its consolidated net profit to Rs 632.37 crore in the March 2022 quarter, mainly on the back of higher revenues.

CSB Bank Q4 net up over two-fold YoY to Rs 131 cr, asset quality improves. FY22 net also doubles from Rs 218.40 cr in FY21 to Rs 458.49 cr in FY22

Pawan Hans handover to Star9 Mobility likely to be completed by June. The handover of loss-making helicopter service provider Pawan Hans to Star9 Mobility Pvt Ltd is likely to get over by June, an official said on Friday.

LIC IPO subscribed 1.4 times on day 3 on interest by policyholders, staff. The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times

RIL Q4 net up 22.5% to Rs 16,203 crore, revenue jumps nearly 37%. Jio reports a 15.4% sequential increase in net profit at Rs 4,173 crore

IndiGo to make behavioural test must for upgrade and promotion of pilots. Inclusion of BEI as part of upgrade and promotion comes in the backdrop of pilot unrest due to delay in restoration of pay cuts which were induced in phases during two years of the pandemic

Quess Corp, Fairfax to set up paediatric specialty centre at CMC Vellore. The proposed centre, which will be called 'CMC Vellore Paediatric Specialty Centre', will provide leading state-of-the-art paediatric medical and surgical services

GE Shipping net profit jumps over three-fold to Rs 189 cr in March quarter. The company had posted a net profit of Rs 49 crore in the year-ago period, GE Shipping said in a BSE filing

Top headlines: RIL posts 22% jump in Q4 net, Mindtree & LTI announce merger. The Boards of Directors of Mindtree and LTI approved the merger of both these independently listed IT services companies under the Larsen & Toubro Group.

Happiest Minds Tech net income up 45% to Rs 52 crore amid high attrition. During the quarter, the mid-sized software firm said, its revenue rose to Rs 310 crore, clipping at 38.8 per cent year-on-year and 6.2 per cent sequentially

RBI gives no-objection for merger of Equitas SFB, Equitas Holdings. The conditions laid down by the RBI on no-objection for amalgamation include divestment of shareholding by EHL in its subsidiary -- Equitas Technologies -- prior to the scheme taking effect

RBI gives go-ahead to Equitas reverse merger plan with certain riders. Asks Equitas Holdings to divest shareholding in its subsidiary, Equitas Technologies, prior to the scheme taking effect

Bajaj Consumer Care net profit falls 34.5% to Rs 35.82 crore in Q4. The company had reported a net profit of Rs 54.67 crore in the January-March quarter a year ago, Bajaj Consumer Care, a part of the Bajaj Group of Companies, said in a regulatory filing

Debt-laden Reliance Home Finance Q4 net loss balloons to Rs 4,522 crore. Debt-laden Reliance Home Finance (RHFL) on Friday reported ballooning of its net loss to Rs 4,522.19 crore for the quarter ended March 2022.

India's largest lithium-ion battery plant starts production in Gujarat. The plant, with total installed capacity of 1.5 Gigawatt hours (GWh), has six automated assembly lines on which it will produce batteries for automobiles and energy storage applications

CIFCL Q4: Net profit up 184% to Rs 690 cr, total income rises 6%. Performance was aided by strong signs of recovery in the auto and mortgage industries.

Future Group sells 25% stake in FGIICL to partner Generali for Rs 1,266 cr. Debt-ridden Future Group said it has completed the sale of its 25 per cent equity in Future Generali India Insurance Company Ltd (FGIICL) to its JV partner Generali for Rs 1,266.07 crore

Britannia Industries to cut pack sizes as inflation bites. The management said it would hike prices by 10 per cent if the current levels of raw material prices sustain

Latest stock market News for tomorrow Access previous news reports: 900901902903904905906907908909910911912913914915916917918

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