NSE share market NEWS tomorrow (04 May, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (04 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 04 May 2022
Oil Natural was amongst the top gainers, currently trading at 162.25 in NSE with 1.011 times change in volumes and 3.774% change in price. Other gainers included Britannia Industries with 3.489% price change and 13.309 times volumes, Inox Wind with 3.348% price change and 0.659 times volumes, Petronet Lng with 2.692% price change and 1.732 times volumes, and Solar Industries with 2.689% price change and 2.613 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 1144.65 in NSE with 3.388 times change in volumes and -7.011% change in price. Other losers included Angel One with -6.783% price change and 0.985 times volumes, Abb Power with -6.782% price change and 3.667 times volumes, Apollo Hospitals with -6.77% price change and 3.042 times volumes, and Info Edge with -6.725% price change and 3.536 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.
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 resumÂption of scheduled internatioÂnal 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
Adani Wilmar acquires Kohinoor rice brand in India to strengthen position. The acquisition of Kohinoor rice brand by Adani Wilmar will fuel the next level of growth for Adani Wilmar and widen the portfolio to cater to premium customer segments
Govt-owned insurers go for organisational rejig, look for consultants. Four general insurers have decided to restructure the organisation towards profitable growth and have called for Request for Proposal (RFP) from consultancy firms
Power giant NTPC rushing back to coal as India's energy crisis worsens. NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha
Consumer durables market hit as containers pile-up at Shanghai port. Consumer durable companies in India have stocked up on components, but inventory could start to dry-up from mid-May onwards.
Meta took down over 27 million pieces of bad content in India in March. Meta actioned a huge 14.9 million spam content, 2.5 million violent and graphic content and 2.1 million content related to adult nudity and sexual activity, among others
Fintech Kaleidofin raises 2nd tranche of mn Series B equity funding. According to the company, the proceeds of this round will be used to strengthen tailored credit solutions for informal sector customers.
Network18 fourth-quarter net profit up 58% YoY at Rs 61 cr; TV18's down 13%. Network18 Media & Investments on Tuesday reported 58.1 per cent year-on-year surge in its consolidated net profit to over Rs 61 crore during Q4FY22.
SaaS firm Toplyne raises mn Series A led by Tiger Global, Sequoia. The team will use the funding to aggressively deliver on the product roadmap, and scale the data science, engineering, product, and design teams
IIFL, Open Financial Technologies enter JV, launch neobank for MSMEs. Initial capital of JV Rs 120 crore; no technology capex as the same is being Offered by Open on a per-customer basis
71% of LIC anchor allotment of 59.3 mn shares made to domestic MFs. Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint
Tata Steel Q4 net jumps 37% to Rs 9,835 cr on account of higher income. Tata Steel on Tuesday posted a 37 per cent jump in consolidated net profit at Rs 9,835.12 crore for the quarter ended March 2022, mainly on account of higher income. The steel major had reported a net profit of Rs 7,161.91 crore in the year-ago quarter, it
Ola Electric edges rivals to claim top spot among Indian e-scooter firms. Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter.
JSW Energy Q4 net jumps over eight-fold to Rs 864 cr on one-time gains. After adjusting for the tariff reversal, the company's net profit stood at Rs 372 crore in Q4, which is higher than Bloomberg's consensus estimate of Rs 243 crore
Adani Transmission gets nod for Rs 3,850 cr investment by Abu-Dhabi firm. Adani Transmission Ltd said it received shareholders' approval for issuance of 1.56 crore shares worth around Rs 3,850 crore on a preferential basis to Green Transmission Investment Holding RSC Ltd.
Adani Enterprises Q4 net up 30% to Rs 304 cr on spurt in airport business. Consolidated revenue up 83.66% at Rs 25,141.56 crore
Varroc Engg eyes fast-paced growth after deal closure with Plastic Omnium. Will sharpen focus on domestic market, play to its strength in lighting and electrical and electronics components as part of re-aligning focus and enhancing ROCE
Tata Steel to complete Neelachal Ispat Nigam acquisition Ltd this qtr: CEO. Tata Steel will complete the acquisition of Neelachal Ispat Nigam Limited (NINL) by the end of the current quarter, its CEO and MD T V Narendran said
Traceable AI raises mn in series B at at 0 mn-plus valuation. The investment round was led by IVP and other investors include Tiger Global and existing investors Unusual Ventures and BIG Labs
Oberoi group's EIH Associated Hotels chairman and director resigns. The board of directors at a meeting held on Monday appointed Shib Sanker Mukherji, who was the vice chairman, as the new chairman of the company, EIH Associated Hotels said in a regulatory filing
Tata Steel consolidated net profit up 46.8% YoY in March quarter. Total revenues for the quarter at Rs 69,324 crore were higher by 38.6 per cent compared to Rs 50,028 crore in the year-ago period
Hero MotoCorp Q4 net drops 30% to Rs 621 cr on weaker volumes. Hero MotoCorp on Tuesday said its consolidated profit after tax (PAT) declined by 30 per cent to Rs 621 crore for the fourth quarter ended March 2022 on account of lower sales. The country's largest two-wheeler maker had reported a PAT of Rs 885 crore in t
Northern Coalfields Ltd posts 26% rise in coal production in April. Northern Coalfields Limited registered a 26.22% YoY production growth and an 18% rise in dispatch in April 2020, helping the parent company achieve a 28 per cent traction in output for the month
Titan Q4 net profit falls 7% to Rs 527 cr, sales dip 1.14% to Rs 7,267 cr. Tata group firm Titan Company Ltd on Tuesday reported a 7.21 per cent decline in its consolidated net profit at Rs 527 crore in the fourth quarter ended March 2022. It had posted a net profit of Rs 568 crore in the January-March quarter of FY21, Titan Comp
Godrej Properties' Q4 profit at Rs 260 cr; income triples to Rs 1,523 cr. Godrej Properties on Tuesday reported a consolidated net profit of Rs 260.47 crore for the quarter ended March 2022 on higher income. The company had posted a net loss of Rs 191.57 crore in the year-ago period. Total income increased to Rs 1,522.57 crore d
Facebook shuts down its podcast platform less than a year after its launch. Social media giant Facebook has planned to shut down its podcast platform less than a year after its launch.According to The Verge, the audio podcast platform's closure is confirmed and it is speculated that the closure will altogether close on June 3.The
Adani Wilmar net profit declines 26% to Rs 219.2 crore in March quarter. Its food and FMCG portfolio stood at 0.64 MT in FY22, compared with 0.47 MT in FY21, registering a growth of 34 per cent
Britannia Industries net profit up 4.3%, but margins under pressure. The cost of raw material consumed in the quarter was up 21.3 per cent to Rs 1,858.7 crore
Meesho joins hands with Google Cloud to accelerate digital transformation. "Meesho teams up with Google Cloud for faster innovation at scale," the statement said
2 SpiceJet flyers in ICU; DGCA starts inspection of entire aircraft fleet. On Sunday, the Mumbai-Durgapur flight encountered a severe turbulence during its descent phase, injuring 14 passengers and three cabin crew members, the DGCA said in a statement
IDBI Bank net profit rises 35% to Rs 691 crore in fourth quarter. For FY22, the net profit rose 79 per cent to Rs 2,439 crore from Rs 1,359 crore in the previous financial year
Zepto raises 0 mn to expand its 10-minute grocery delivery across India. The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised 0 million Series D fundraise, valuing the quick commerce company at around 0 million
HDFC's net profit up 16% at Rs 3,700 cr in Q4; beats street estimates. Net interest income of the lender increased by 14 per cent to Rs 4,601 crore in Q4FY22, aided by higher loan growth
Britannia Industries quarterly profit rises 5% to Rs 377.95 crore. Britannia Industries Ltd on Monday reported an increase of 4.96 per cent in consolidated net profit at Rs 377.95 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 360.07 crore in the January-March quarter a year ago,
Alembic Pharma reports consolidated PAT at Rs 35 cr in March qtr. Alembic Pharmaceuticals on Monday reported a consolidated profit after tax (PAT) of Rs 35 crore for the fourth quarter ended March 2022. The company said the PAT is post charging off non-recurring expense of Rs 188 crore. The drug firm had reported a PAT o
Alembic Pharma posts Q4 net of Rs 35 cr as India and US businesses grow. During the quarter, Alembic Pharma's US portfolio strengthened with the acquisition of the balance 40 per cent stake in Aleor Dermaceuticals
Adani Wilmar Q4 profit down 26% to Rs 234 cr; income up 40% to Rs 15,023 cr. Edible oil major Adani Wilmar on Monday reported a 26 per cent decline in consolidated net profit at Rs 234.29 crore for the quarter ended March on higher tax expenses. The company had posted a net profit of Rs 315 crore in the year-ago period. In a regula
Health tech firm Practo elevates Siddhartha Nihalani as co-founder. Executive has been associated with Practo since its inception and has been a driving force behind the technology, growth and business strategy.
Mahindra Finance net profit up over two-fold at Rs 629 crore in Q4. Mahindra & Mahindra Financial Services (Mahindra Finance) on Monday reported an over two-fold increase in consolidated net profit at Rs 629 crore for the quarter ended March 2022 as a drop in bad loans helped in credit cost reversal. The company's net prof
Route Mobile to buy Teledgers' blockchain, DLT platform for about Rs 130 cr. This will allow telecom operators to efficiently manage as well as regulate A2P (application to person) communication (SMS/voice calls), using state-of-the-art blockchain-based solutions
Samsung expects to raise share in premium segment to 40% in H1'22. Samsung India senior vice-president Raju Pullan told PTI that Samsung led the Indian smartphone market in March 2022, capturing 22 per cent shipment volume and 27 per cent revenue share
Edelweiss Housing Finance raises Rs 276 cr through a public issue of bonds. The issue met a significant demand from the retail segment, with total collections of Rs 173.93 crore. The issue also saw good interest from corporates and other investors
Voltas signs JV pact with Highly International to manufacture compressors. The Tata group firm has executed the joint venture agreement on April 30, 2022 with Hong Kong-based Highly International
Britannia to take calibrated price hikes to manage profitability, says MD. According to the company, the economy was impacted by global geo-political factors which caused a further surge in inflation the January-March quarter of FY22
Wipro sees margin pressure over next few quarters as attrition rises. Wipro reported a near 4% year-on-year gain in consolidated net profit for the quarter ending March 31, while revenue rose 28.4%
L&T Infotech and Mindtree merger to start on strong foundation: Analysts. L&T Infotech and Mindtree merger: Keeping in mind strong growth momentum, analysts tracking the sector were not too confident if this would be the right time to go in for a merger.
Wipro shares decline nearly 3% after Q4 earnings announcement. IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in the fourth quarter ended March 31, 2022, on account of continued demand for IT services
Bajaj Auto sales slip 20% to 310,774 units in April, domestic down by 24%. Commercial vehicle sales in the domestic market, however, grew by 13 per cent to 8,944 units compared to 7,901 units in the same month last year, Bajaj Auto said
Amazon ends 14 days of paid time-off for Covid-infected employees. Starting from Monday, Amazon will offer up to five days of "unpaid, excused leave", reports CNBC
Ashok Leyland reports 42% rise in total commercial vehicle sales in April. The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing
Royal Enfield sales rise 17% to 62,155 units in April, domestic up 10%. Mid-sized motorcycle maker Royal Enfield had reported sales of 53,298 units in the same month last year
Mahindra's sales jump 25% to 45,640 units in April, SUV segment grows 22%. Mahindra & Mahindra (M&M) on Monday said its total sales increased by 25 per cent to 45,640 units in April. The company's total sales stood at 36,437 units in April 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by
Rise Capital begin operations in India; appoints Anuj Mehta has India head. Rise Capital has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.
Log9 Materials joins Indeanta Ventures for rapid charging battery tech. The two partners have signed a memorandum of understanding for a long-term partnership, under which they will work together for the next 3 years to jointly deploy over 15,000 RapidEVs
HDFC Ltd Q4 profit up 16% at Rs 3,700 cr; company approves Rs 30 dividend. The net interest income for the March quarter came at Rs 4,601 crore compared to Rs 4,027 crore in the previous year
CIL's supply to power sector up 16% in Apr; to augment dispatches further. On an average, the PSU supplied 1.66 MT of coal per day to power utilities in April which increased to 1.73 MT during last week
Royal Enfield joins hands with Italian riding gear brand Alpinestars. The partnership aims to provide Indian riders with the essential tools needed to make the best of their adventures, Royal Enfield said in a statement
New housing supply up 43% to 80k units across 6 cities in Jan-Mar: Report. Technology-led real estate consultant Square Yards sells homes on behalf of builders and facilities home loans to consumers
Vodafone Idea teams up with ICRIER to set up telecom centre of excellence. The centre has been named InViCT (ICRIER and Vodafone Idea Centre for Telecom), which will drive research advisory and policy support efforts, according to a statement
IDBI Bank posts 35% net profit at Rs 691 cr in Q4 as NPAs fall to 19.14%. IDBI Bank on Monday posted 35 per cent rise in net profit at Rs 691 crore for the quarter ended March 2022 due to fall in bad loan provisions as NPAs came down.
Board jointly suspended CEO Ankiti Bose, not individual investor: Zilingo. Fashion technology startup Zilingo said the decision to suspend its Indian-origin co-founder and CEO Ankiti Bose over alleged discrepancies in the company's accounts, was taken jointly by the board
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