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NSE share market NEWS tomorrow (10 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 May 2022

Eicher Motors was amongst the top gainers, currently trading at 2415.55 in NSE with 2.087 times change in volumes and 3.039% change in price. Other gainers included Inox Wind with 3.037% price change and 0.515 times volumes, Hindustan Unilever with 3.012% price change and 1.612 times volumes, Asian Paints with 2.699% price change and 2.464 times volumes, and Marico with 2.574% price change and 1.019 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.

Oil India was amongst the top losers, currently trading at 215.25 in NSE with 1.233 times change in volumes and -8.947% change in price. Other losers included Adani Green with -8.118% price change and 1.407 times volumes, Coal India with -7.102% price change and 1.893 times volumes, Tata Steel with -6.975% price change and 2.879 times volumes, and National Aluminium with -6.684% price change and 1.464 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.

Polycab India Q4 net profit rises 20% to Rs 325 cr; revenue up 35%. Wires and cables manufacturer Polycab India on Tuesday reported a 20 per cent year-on-year rise in net profit to Rs 325.33 crore for the fourth quarter ending March 31. The company's net profit was Rs 271.06 crore in the year-ago quarter, Polycab India sai

Rainbow Medicare slumps 17% on debut in worst IPO listing in CY22 so far. Stock end at Rs 450, Rs 92 below issue price of Rs 542 a share

Push for Sony's games biz, over 19 mn PlayStation 5 units sold in Q4CY21. Japanese tech giant Sony said that it has sold just 2 million PlayStation 5 (PS5) units in the fourth quarter of 2021, bringing its overall total to 19.3 million.

Vodafone Idea's Q4 net loss narrows to Rs 6,563 cr; ARPU rises to Rs 124. The telco's revenue from operations rose 6.6% to Rs 10,240 crore in Q4FY22 from Rs 9,648 crore in the year-ago period

Gujarat Gas Q4 consolidated net up 28% to Rs 444 crore, income up 36%. For whole of FY22, the firm's consolidated net profit rise by only 1% to Rs 1287.37 crore

Cipla Q4 PAT dips 12% to Rs 362 cr owing to Covid inventory impact. For the full fiscal, Cipla has posted a 4.7% jump in net profit to Rs 2,517 crore, revenue and Ebitda rose 13.6% and 6.4% respectively

Ajanta Pharma Q4 PAT falls 5% to Rs 151 cr; revenue rises to Rs 870 cr. Ajanta Pharma on Tuesday said its consolidated profit after tax declined by 5 per cent to Rs 151 crore for the fourth quarter ended March 2022.

Torrent Power posts Q4 loss of Rs 487 cr versus Rs 459 cr profit a year ago. Torrent Power's revenue from operations grew by 21 per cent to Rs 3,744 crore for Q4 of FY22 as against Rs 3,084 crore in Q4 of FY21

Swiggy scales down Supr Daily, temporarily suspends Swiggy Genie. The company in a blog stated that its restructuring Supr Daily and the services will be suspended in five cities, it also said that Swiggy Genie will be temporarily suspended in 3 cities.

Upskilling platform Josh Talks raises .5 mn from Ankur Capital, others. The firm previously raised .5 mn from the New York-based Media Development Investment Fund (MDIF)

Kansai Nerolac Paints Q4 profit down 85% at Rs 19 cr; revenue up 5.27%. Kansai Nerolac's total expenses were at Rs 1,503.54 crore, up 15.47 per cent in Q4/FY 2021-22, as against Rs 1,302.06 crore in the year-ago period

Vodafone Idea's loss narrows to Rs 6,563 cr in Q4; ARPU improves. Vi registers 7.5% sequential growth in its ARPU at Rs 124 aided by tariff hike in November

Max Financial Services Q4 consolidated net profit doubles to Rs 144 cr. Max Life's assets under management (AUM) were at Rs 1,07,510 crore as on March 31, 2022, a rise of 19 per cent over the previous year

Dynamix Group to launch three new property projects in Mumbai this year. The Mumbai-based developer earned Rs 330 crore in top line in FY21, but the same rose more than three-fold to Rs 760 crore in FY22

Zoho comes up with new platform for unifying marketing operations. It provides stakeholders across the entire marketing organization with a single, shared view of critical information for improved collaboration and results.

NCLAT asks Jet Airways to vacate office from Mack Star Marketing's premises. Bogged down by financial woes, Jet Airways shuttered operations in April 2019 and the insolvency resolution process was initiated in June the same year

JSW Group to make bn bid for Holcim's India cement business: Report. The move comes as Switzerland's Holcim tries to diversify away from its core business of cement and aggregates to focus more on building technology amid increased emphasis on sustainability

JSW offers bn to Swiss cement major Holcim for Ambuja Cements, ACC. Sajjan Jindal said that JSW would offer .5 billion in its own equity and .5 billion from undisclosed private equity partners for Ambuja Cement and ACC.

Canara Bank probes fraud in unit after whistleblower complaint: Report. The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housing Bank, said there were irregularities at one of the branches

ATM player CMS Info Systems' Q4 net rises 14% to Rs 64 cr in March quarter. The revenues of CMS info Systems rose by 22 per cent to Rs 1,589.7 crore in FY22 from Rs 1,306 crore in FY21

Skillmatics raises mn in series B funding round led by Sofina. Operating in a 0 billion global toys and games market, Skillmatics designs content-led games and play centric learning resources.

Cipla partners with Genes2Me to launch Coronavirus RT PCR test kit. The kit is validated by the Indian Council of Medical Research (ICMR) and much more advanced than other RT PCR tests, the drug firm said

Dr Agarwal's Health Care raises over Rs 1,000 cr from TPG Growth, Temasek. Dr Agarwal's Group of Eye Hospitals has added more than 60 units to its network in the past five years alone

MakeMyTrip to enhance business-to-business segment to tap corporate travel. MakeMyTrip said it is planning to enhance its business-to-business segment, targeting large corporates and MSMEs to tap the opportunity in domestic corporate travel.

BharatPe to 'claw back' Ashneer's restricted shares, blocks vendors. BharatPe on Tuesday said it has initiated necessary action against a former founder to claw back his restricted shares following a governance review. In a statement, the firm said it will take all steps to enforce its right under the law. In January 2022,

Sun Pharma's Halol unit gets 10 observations under USFDA's Form 483. Plant's OAI status is unchanged, hinting at status quo; Sun Pharma says will respond to observations within 15 days

Lumax Industries moves Delhi HC over trademark infringement dispute. Lumax Industries Ltd has filed a suit in Delhi High Court seeking to restrain Hindustan Auto Industries Ltd in relation to a dispute on purported trademark infringement and device marks.

Hero Electric partners ReadyAssist for service support to B2B customers. The two companies had earlier announced a collaboration for training and upskilling 20,000 mechanics in EV skill sets across the country

Cosmo Films reports 45.30% increase in net profit at Rs 108 crore in Q4. The company had posted a consolidated net profit of Rs 74.45 crore for January-March period a year ago, Cosmo Films said in a BSE filing

Swiggy temporarily shuts Genie across cities due to worker shortage: Report. Swiggy Genie services have been impacted across Mumbai, Hyderabad, and Bengaluru, said report

Edtech firm iNurture raises mn from ADM Capital in debt and equity. Currently, the company has partnerships with over 30 university campuses across India, offering over 50 programmes on campus, and has more than 15,000 students enrolled in these programmes.

Dalmia Bharat profit down 6.10% to Rs 600 crore in fourth quarter. Cement maker Dalmia Bharat has reported 6.10 per cent decline in consolidated net profit at Rs 600 crore for the fourth quarter ended March 2022.

MRF's March quarter profit declines 50.26% to Rs 165.21 crore. The company had posted a consolidated profit from continuing operations at Rs 332.15 crore in the same period of the previous fiscal, MRF Ltd said in a regulatory filing

Paytm CEO asks Elon Musk to deliver first Tesla car in India at Taj Mahal. Vijay Shekhar Sharma, however, warned Musk about the challenges of building full-self driven cars on Indian roads because of running into the risk of 'most unruly road users'

Asian Paints Q4 results: Net profit declines marginally to Rs 850 cr. Consolidated sales increased 20.6% to Rs 7,890 cr in Q4FY22, the company said on Tuesday

Cera to invest Rs 200 crore in sanitaryware, faucetware expansion. Expansion plans includes a greenfield sanitaryware plant and a brownfield faucetware unit

ICICI Bank, UK's Santander sign MoU to ease corporate banking at both ends. The partnership is aimed at serving the banking needs of the corporate ecosystem in the growing UK-India corridor, the banking executive noted.

ForeignAdmits raises Rs 3.26 crore from Unicorn India Ventures, others. This is the second investment by UIV in Foreign Admits. It had raised a seed round from Unicorn India recently, taking total fundraise to over million

Top headlines: SBI raises up to bn in FY23; Asian Paints Q4 net slips. Business Standard brings you the top headlines on Tuesday

Ashok Leyland's Switch Mobility to invest Rs 1,000 cr in new plant in south. The company is also in talks with financial investors to raise over 0 million for its expansion

Uber Technologies to cut costs and slow down hiring, CEO tells staff. The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc

Reliance Brands signs agreement to retail Tod's in Indian market. Tod's has been operational in India since 2008 with mono-brand stores in DLF Emporio, New Delhi, and Palladium, Mumbai

Future Group hasn't made disclosures to stock exchanges, says Amazon. While arguing in the case, Amazon asked why Future did not inform the Supreme Court about the termination notice it received for its stores

OYO completes acquisition of Europe-based company Direct Booker. Direct Booker has over 3,200 homes and serviced 2 million customers so far, OYO said in a statement

UPL net profit rises 29% to Rs 1,379 crore in Q4; revenue up 24%. The company's net profit stood at Rs 1,065 crore in the corresponding quarter of the previous financial year, UPL said in a statement

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

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