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NSE share market NEWS tomorrow (06 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 May 2022

Nhpc was amongst the top gainers, currently trading at 33.75 in NSE with 2.967 times change in volumes and 4.167% change in price. Other gainers included Hero Motocorp with 2.466% price change and 1.487 times volumes, Himachal Futuristic with 2.413% price change and 1.515 times volumes, Tech Mahindra with 2.169% price change and 1.612 times volumes, and Power Grid with 1.989% price change and 1.075 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.

Vedanta was amongst the top losers, currently trading at 360.40 in NSE with 1.501 times change in volumes and -11.056% change in price. Other losers included Cholamandalam Investment with -10.967% price change and 5.72 times volumes, Angel One with -8.267% price change and 2.345 times volumes, Inox Wind with -7.729% price change and 1.432 times volumes, and Voltas with -7.616% price change and 2.716 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 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

Adani Green Energy net profit rises over 16% to Rs 121 cr in March quarter. The consolidated net profit of the company was Rs 104 crore in the quarter ended on March 31, 2021, a statement showed

ABB India net profit jumps over two-fold to Rs 370 crore in March quarter. The net profit of the company was Rs 151 crore in the quarter ended on March 31, 2021, a company statement said

Future Retail MD Rakesh Biyani steps down, Company Secretary resigns. The Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal

Bombay HC allows Indiabulls Housing Finance appeal to quash FI. 'We believe that the lodgment of the complaint against the petitioners and continuity of the proceedings, is an abuse of process of law', the high court said in its judgement

Upstox doubles user base in six months to 10 mn on strong millennial push. Founded in 2009, Upstox had around one million customers in June 2020 and has grown 10x in less than two years, the company s

Google picks ex-civil servant Archana Gulati as India policy head: Report. Gulati worked until March 2021 as a joint secretary for digital communications at Niti Aayog, the government's policy think tank.

LIC IPO Day 1: Issue subscribed 66%; policyholders' portion oversubscribed. LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66%

Centre extends due dates to bid for Ferro Scrap Nigam privatisation. Interested parties will have to submit physical copies of EoI by June 13 as against May 12 earlier. Shortlisted bidders would be intimated by June 27

Havells Q4 net profit up 16% to Rs 3.52 bn, sales up 32.5% to Rs 44.26 bn. Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01% increase in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended in March 2022

Tata Consumer Products Q4 net profit up three fold to Rs 239 crore. Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March

Castrol India reports 6% dip in PAT in Q1 to Rs 229 cr, revenue up 8.5%. Lubricant maker Castrol India on Wednesday said its profit after tax (PAT) declined by 6 per cent to Rs 229 crore for the first quarter ended March.

HC quashes FIR of cheating filed against Indiabulls Housing Finance Limited. The Bombay High Court on Wednesday quashed a case of cheating and criminal breach of trust registered against Indiabulls Housing Finance Limited (IHFL).

Google India appoints ex-Niti Ayog joint secretary as head of public policy. Gulati was looking after digital communications policy matters at the government think tank and took voluntary retirement in April last year

Mumbai International Airport raises 0 million debt from Apollo Global. The capital raise comes in the backdrop of recovery in domestic air traffic and resum­ption of scheduled internatio­nal services from March-end

Aviation min grants rights to GMR to operate Hyderabad airport for 30 yrs. Till date, the GMR Group had the rights to operate the Hyderabad airport till March 22, 2038

Top headlines: LIC ownership in listed cos sees uptick, hot stocks for FPIs. Business Standard brings you the top stories this morning

Eris acquires Oaknet Healthcare for Rs 650 cr for dermatology foray. With a revenue base of Rs 195 crore in FY22, Oaknet brings a portfolio of leading brands in dermatology and women's health to the Eris stable.

Paramount+ announces 2023 India launch in partnership with Viacom18. Paramount+, the global streaming service from Paramount Global, will launch in India in 2023 in partnership with Viacom18, as part of a recently announced agreement. Bob Bakish, President & CEO, Paramount, outlined the company's global plans for the stream

Piramal Enterprises gets board nod to raise up to Rs 700 cr through bonds. The committee in its meeting held on Wednesday approved the issuance of the NCDs on private placement basis, Piramal Enterprises said in a regulatory filing

MakeMyTrip sees 150% rise in super-luxury, premium hotel bookings. MakeMyTrip said it has witnessed a nearly 150% increase in bookings for super-luxury and premium hotels during the pandemic

Over 7 in 10 Indian firms suffered from ransomware attack last year. Seventy-eight per cent of the Indian organisations that had data encrypted paid the ransom to get their data back, even if they had other means of data recovery, such as backups

Alembic arm receives final USFDA approval for generic fever blisters drug. Alembic Pharmaceuticals on Wednesday said its wholly-owned arm Aleor Dermaceuticals has received final approval from the US health regulator for its generic Docosanol cream indicated for cold sore/fever blisters on the face or lips. The final approval gran

Mumbai airport gets 0 million from private bond sale to Apollo Global. A major bond market rout globally has prompted several Asian companies to revise their dent sale plans.

Tata Power Renewables commissions 120 MW solar project in Gujarat. Tata Power's total Renewable capacity is 4,920 MW including 1,400 MW of Renewable projects under various stages of implementation.

Tata Realty leases 156,000 sq ft office space to Johnson Controls, PepsiCo. Johnson Controls has taken on lease 85,000-square-foot office space in Intellion Park Gurugram, an IT/ITeS SEZ campus

IndiGo appoints Venkataramani Sumantran as the chairman of the Board. Sumantran currently serves as the chairman and managing director of Celeris Technologies, a strategic advisory firm

Upskilling, reskilling of workforce topmost priority for India HR: Study. Mercer's 2022 Global Talent Trends study highlights that difficulty in hiring the right talent, at the right price, and in time remains a top concern in 2022

Yesh Nadkarni appointed CEO for wholesale lending at Piramal Capital. Nadkarni joins PCHFL from global investment firm KKR, where he was managing director & CEO of the India real estate lending business.

Signs of better investment cycle pushes corporate profits: ICICI Securities. On an aggregate basis, corporate profits are expected to grow in a range of 15 per cent-30 per cent over FY22-FY24E with the NIFTY50 likely to grow at the lower end of the range

Eveready Industries shareholders approve appointment of Suvamoy Saha as MD. The resolution was approved with 99.16 per cent in favour, Eveready Industries India said in a regulatory filing

Maruti Suzuki Driving Schools aim to train around 2.5 mn people by 2025. The country's largest carmaker, Maruti Suzuki India Ltd on Wednesday said the number of its professional driving training schools have reached the 500 milestone across the country and aims to train around 25 lakh people by 2025. The Maruti Suzuki Driving S

Signature Global raises Rs 400 cr from HDFC Capital's real estate fund. The company raised this fund from HDFC Capital Affordable Real Estate Fund 3 (H-CARE 3), a fund managed by HDFC Capital

SpiceJet Boeing 737 Max returns to Chennai after mid-air emergency. A three-year-old 737 Max aircraft of SpiceJet en route to Durgapur from Chennai had to turn around after the crew shut down one engine after a faulty message

Amazon doubles cumulative export target from India to USD 20 bn by 2025. In January 2020, the company had set a target to facilitate export worth USD 10 billion by 2025

Aurobindo Pharma gets USFDA nod to market generic cancer drug Bortezomib. Drug major Aurobindo Pharma on Wednesday said its wholly-owned subsidiary has received approval from the US health regulator to market anti-cancer medication Bortezomib for injection. Eugia Pharma Specialties has received final approval from the US Food &

Indians on Amazon Global Selling to enable bn in exports by 2025. Amazon has doubled the exports pledge and the Indian exporters are on track to surpass billion in cumulative exports on the e-commerce platform.

Troubled to see people acting against company interests: Zilingo co-founder. Co-founder and former CEO Anktiti Bose had earlier alleged that she was suspended to suppress her harassment complaint

Honda launches hybrid electric vehicle City e:HEV tagged at Rs 19.49 lakh. The City e:HEV is the first car in the mainstream segment equipped with strong hybrid electric technology, the automaker said in a statement

5G voice users to reach 2.5 bn globally by 2026: Juniper Research report. The report identified interactive calling as a key opportunity for operators who have launched 5G to provide more valuable voice services and compete with OTT voice apps

Tata Technologies offers to set up EV production unit in Punjab. A delegation of the Tata technologies called on Chief Minister Bhagwant Mann at his official residence.

Kotak Mahindra Bank's consolidated net rises 50% to Rs 3,892 cr in Q4FY22. The lender's net interest income increased 18% YoY to Rs 4,521 crore, aided by a loan growth of 21%

GenWorks Health secures Rs 135 cr from Morgan Stanley, Wipro GE and others. Funding will be leveraged to cover working capital needs, relevant M&A to invest in manufacturing tie-ups, and expansion in-vitro diagnostics

Facebook pulls the plug on podcast business after a year: Report. Podcasts won't be available on Facebook after June 3; company will also end short-form audio feature, shut audio hub

Hero MotoCorp Q4 profit falls 28%; revenue drops 14% to Rs 7,422 cr. The company's board has recommended a final dividend of Rs 35 per share

Latest stock market News for tomorrow Access previous news reports: 901902903904905906907908909910911912913914915916917918919

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NSE share market NEWS tomorrow (06 May, 2022). NSE stocks in NEWS (tomorrow)

 

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