NSE share market NEWS tomorrow (28 April, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 April, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 April 2022
Persistent Systems was amongst the top gainers, currently trading at 4308.65 in NSE with 6.247 times change in volumes and 5.683% change in price. Other gainers included Indian Hotels with 4.772% price change and 2.173 times volumes, Kei Industries with 4.75% price change and 1.661 times volumes, Hindustan Unilever with 4.51% price change and 2.649 times volumes, and Hdfc Stand with 4.337% price change and 3.152 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.
Iifl Holdings was amongst the top losers, currently trading at 369.15 in NSE with 0.633 times change in volumes and -4.92% change in price. Other losers included Jsw Energy with -3.476% price change and 0.484 times volumes, Max Healthcare with -3.418% price change and 0.708 times volumes, Himachal Futuristic with -2.888% price change and 0.865 times volumes, and Bharat Dynamics with -2.532% price change and 0.946 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.
Bajaj Finserv reports 34% increase in Q4 net profit at Rs 1,346 crore. Bajaj Finserv Ltd reports a 37 per cent jump in its consolidated net profit at Rs 1,346 crore for the fourth quarter ended in March 2022.
Sterlite Technologies reports consolidated loss of Rs 22 cr in Q4. Broadband technology firm Sterlite Technologies on Thursday reported a consolidated loss of Rs 22.44 crore in the fourth quarter ended March 31, 2022.
Tata Motors aims to build 80,000 EVs this financial year: Report. That compares with the 19,000 EVs it built and sold in the last financial year
Drone maker ideaForge raises mn in Series B from Florintree, Infosys. Qualcomm, Infina and Exim Bank also participated in the funding round for company that serves Indian security forces
Axis Bank Q4 net profit soars 54% to Rs 4,118 cr; NII up 17%. Lender's board recommends dividend of Rs 1 per equity share for the year ended 31 March, 2022.
Startups should focus on smaller cities, social issues: DPIIT Secy Jain. Civil servant says these places hold business opportunities and can help build startup ecosystem.
SoftBank-backed Meesho records over 100 mn transacting users. Internet commerce firm says customers from smaller Indian cities drive its growth and account for 80% shopping.
Bajaj Allianz General Insurance records profit of Rs 1,339 cr in FY22. Bajaj Allianz General Insurance on Thursday said its profit remained flat at Rs 1,339 crore for the 2021-22 financial year against Rs 1,330 crore in the previous financial year.
NCLT gives Future Retail time till May 12 to file reply on insolvency plea. The NCLT gave crisis-hit Future Retail Ltd (FRL) time till May 12 to submit its reply to the insolvency petition filed against the company by Bank of India.
SBI Life Q4 net profit rises 26% to Rs 672 cr; income up to Rs 21,427 crore. SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022.
NCLT directs to initate insolvency proceedings against Andhra Cement. The National Company Law Tribunal has directed to initiate insolvency proceedings against Andhra Cement, a company owned by the debt-ridden Jaypee Group. The Hyderabad bench of the NCLT (National Company Law Tribunal) has also appointed Nirav K Pujara as t
Shriram Transport Finance fourth quarter net profit up 44%, NII rises. The company's Net Interest Income increased by 22.16 per cent to Rs. 2,627.82 crore as against Rs. 2,151.12 crore.
Realty firm Embassy REIT's net profit up fivefold at Rs 280 cr in Q4. Net operating income grew to Rs 2,491 crore, 5 per cent higher than initial guidance, with an operating margin of 84 per cent in Q4
Tata Power signs MoU with NAREDCO for 5,000 EV charging points. Tata Power has inked a pact with National Real Estate Development Council (NAREDCO) to install 5,000 EV charging points across Maharashtra, a statement said on Thursday. Tata Power will provide a comprehensive EV charging solutions across properties of mem
Vedantu announces technology to bring down cost of online learning. Ai Live will give Vedantu an edge over competitors Byju's, Unacademy, Simplilearn, UpGrad and Amazon Academy, says company.
Ambuja Cements net profit slumps 30.26% to Rs 856.46 crore in Q1. The consolidated result of Ambuja Cements also includes the financial performance of its step-down firm ACC Ltd
TravClan closes Pre-Series-A round of .7 mn led by Hashed Emergent. The company's target is to grow to 0 million GMV run rate with more than 300 employees by the end of FY23
Colgate-Palmolive India board appoints Prabha Narasimhan as MD and CEO. Narasimhan's appointment will be effective from September 1, 2022
Piramal Enterprises plans to raise up to Rs 700 crore through bonds. A meeting of the administrative committee of the board of directors of the company will be held on May 4, 2022, to consider and approve the issuance of NCDs for up to Rs 50 crore
PNB Housing Finance net profit up 33% at Rs 170 crore in March quarter. Net interest income was down by 37 per cent at Rs 377 crore from Rs 593 crore
ReNew Power inks 5 PPAs to supply around 1500 MW solar energy. ReNew Power on Thursday said it has signed five power purchase agreements (PPAs) for the supply of around 1,500 MW electricity generated from solar plants. The company has signed PPAs with Solar Energy Corporation of India (SECI) and Punjab State Power Cor
Bajaj Holdings and Investment net profit up 16% to Rs 1,105 crore in Q4. Total income stood at Rs 487 crore last fiscal. It was at Rs 463 crore in 2020-21 financial year
IKEA India to increase local sourcing, says CEO Susanne Pulverer. Local sourcing through partnerships will make a positive impact on the economy and society not just in retail but also in all allied sectors and services, she said
JioSaavn appoints former Amazon Music director Sahas Malhotra as CEO. Music app firm JioSaavn has appointed former Amazon Music director and entertainment industry veteran Sahas Malhotra as its new CEO. Malhotra has earlier worked with Sony Music India and Tips Industries. At Tips Industries, Sahas was leading the business a
IIFL Finance net profit rises 30% to Rs 321 crore in March quarter. IIFL Finance on Thursday reported a 30 per cent growth in net profit to Rs 321 crore for the March quarter, driven by strong loan sales and lower provisioning for impaired assets.
Flipkart unveils lab to tap Web3, metaverse for e-commerce innovations. Flipkart Labs will be based in Bengaluru and it will back in-house innovation by using emerging technologies, promoting ideas, and delivering "breakthrough solutions", it said
Amazon Prime Video to launch over 40 new Indian shows, pay-per-view service. Transaction video-on-demand feature will be available for Rs 69 to Rs 499 for a one-time watch
IndiGo runs first trial flight using GAGAN satellite technology. The trials were carried out in the presence of the Directorate General of Civil Aviation (DGCA) officials at Kishangarh Airport near Ajmer with an ATR72 aircraft
Biocon Q4 consolidated net profit declines by 4% to Rs 283 crore. Biocon's consolidated revenue from operations in the fourth quarter stood at Rs 2,408.8 crore as against Rs 1,842.1 crore in the year-ago period
BHEL-GE Power Conversion deal to make propulsion systems for Navy. The Indian Navy is considering building a second indigenous aircraft carrier to add to the combat capability
Vedanta Q4 net profit drops 10% to Rs 5,799 crore, but Ebitda highest ever. The company reported an exceptional loss of Rs 330 crore in Q4, mainly in its copper division, which contributed to the drop in its net profit for the period
IKEA is planning to raise local sourcing in India to 50%: Susanne Pulverer. Ikea also intends to add more stores in Mumbai as it calls out Maharashtra as an important market
Bharat Biotech must address vaccine issues raised by WHO, says MEA. Weeks after WHO suspended the supply of Covaxin through UN procurement agencies, the MEA suggested that Bharat Biotech addresses the issue immediately to avoid the cancellation
Preferential treatment case: CCI raids sellers of Amazon, Flipkart. India's antitrust body launched raids on the two top domestic sellers of Amazon over accusations of having violated competition laws
NCLT adjourns the insolvency plea against Future Retail to May 12. Earlier this month, BoI had filed insolvency proceedings against Future Retail for non-payment of dues
Maruti Suzuki joins hands with Indian Bank for car loans. Maruti Suzuki India (MSI) on Wednesday said it has joined hands with Indian Bank to facilitate easy finance for customers. As part of the partnership, the company's customers can avail the loan benefits in over 5,700 plus branches of Indian Bank at metro,
LIC will be fifth most-valued firm post IPO with m-cap of Rs 6 trillion. Valuation fair and attractive; won't dilute stake for a year: Govt
Bajaj Auto Q4 standalone net up 10% to Rs 1,469 cr despite revenue dip. Total revenue from operations for the automaker came in at Rs 7,974.84 crore, down 7.2 per cent from Rs 8,596.10 crore in the same quarter last year
HDFC AMC's Q4 net rises 8.7% to Rs 344 cr; income up 6.5% to Rs 581 cr. The company's total income rose to Rs 580.93 crore in the period under review from Rs 545.57 crore in the fourth quarter ended on March 31, 2021
D2C unicorn Licious invests in fresh pet food startup Pawfectly Made. Pawfectly Made will continue as a separate entity with its own production processes and supply chain, Licious comes in as strategic partner
BPCL, HPCL walk away with city gas licenses in latest bid round. Seven companies had put in 21 bids for city gas licences in five areas in states like Uttar Pradesh and West Bengal
Bajaj Auto Q4 net profit dips 2% to Rs 1,526 cr on lower global sales. In the domestic market, the total sales declined by 27 per cent to 3,89,155 units as against 5,34,119 units in the same period of FY21
Syngene's Q4 PAT up 7% to Rs 148 cr; revenue rises 15% to Rs 758 cr. The company had reported a PAT of Rs 138 crore in the January-March period of 2020-21
Indian Hotels Company posts Rs 71.5 crore profit in March quarter. Tata group hospitality firm Indian Hotels Company Ltd (IHCL) on Wednesday reported a consolidated net profit of Rs 71.57 crore in the fourth quarter ended on March 31, 2022. The company had posted a consolidated net loss of Rs 97.72 crore in the same perio
Bajaj Auto Q4 net up 10% YoY to Rs 1,469 cr on higher export realisation. Guides for a 10-15% impact on Q1 volumes due to chip shortage. It says rising cell prices could retard transition to EVs
Adani Enterprises incorporates wholly-owned arm for media related biz. Adani Enterprises Ltd (AEL) on Wednesday announced incorporation of its subsidiary AMG Media Networks.
Reliance, Viacom18 tie up with Bodhi Tree to form mega TV and streaming biz. Uday Shankar and Lupa Systems' Bodhi Tree to become major shareholder alongside Reliance and Paramount Global; Bodhi Tree to invest Rs 13,500 crore in Viacom18
Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year. Firm reports consolidated revenue of Rs 872.08 crore during the quarter as against Rs 615.02 crore in the year-ago period
Reliance, Apollo Global plan joint bid for Walgreens' Boots biz: Report. Reliance Industries Ltd andUS buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a media report said
JSW to set up Rs 150 crore steel plant in south Kashmir's Pulwama. While JSW steel limited is all set to come up with its Rs 150 crore project in south Kashmir's Pulwama district, Apollo Hospitals will set up its medicare facility in Jammu district
Airbus inks pact with Tata Strive. AASSC to give training for aviation jobs. European aviation major Airbus on Wednesday signed a pact with Tata STRIVE and the Aerospace and Aviation Sector Skill Council to train youths for aviation and aerospace jobs. Under the agreement, Airbus, Tata STRIVE and AASSC, with the support of NSDC and
Hindustan Unilever Q4 net up 5%; annual turnover crosses Rs 50,000 crore. HUL's reported numbers were better than industry growth. The company's volume growth was flat in the quarter compared with a contraction of 8 per cent for the industry
DGCA deregisters Air India's 4 Boeing 747 jets not in operation since 2020. Planes as old as these 747s consume a huge amount of fuel and require extensive maintenance, they said
RIL, Lupa Systems prepare for IPL rights auction with new joint venture. Bodhi Tree Systems, a platform promoted by Lupa Systems and Shankar, said it was investing Rs 13,500 crore in Viacom18
Top headlines: LIC IPO, India Inc capex push, PLI round 2, and more. Here are the top headlines on Wednesday morning
Mondelez tops quarterly sales estimates powered by higher prices and demand. Mondelez Inc beat Wall Street estimates for quarterly revenue, as higher prices and sustained demand for the chocolates and snacks helped it overcome a hit to business from supply chain hurdles.
ONGC struggling to move Russian oil to Asia as sanctions bite: Report. Several Indian companies including ONGC have stakes in Russian oil and gas assets, and India has been buying more Russian crude since Moscow invaded Ukraine
Tata Group approaches CCI for merger between Air India and AirAsia India. The two combined entities, Air India and AirAsia India will have a 15.7% share of India's domestic passenger market.
Startup TeaMonk raises about Rs 4 cr from investors to expand business. The funds raised in a pre-series A round will be utilized for domestic penetration and exploring uncharted territories in international markets, the company said in a statement
Agritech startup raises Rs 29 cr from investors for growth and expansion. Poshn said in a statement that it has "raised Rs 28.8 crore in seed funding, led by Prime Venture Partners and participation from Zephyr Peacock"
Eduvanz raises Rs 50 cr in debt round as credit disbursal doubles in FY22. Onboards Oxyzo and Unifi AIF as new lenders; existing lenders, Vivriti and MAS, take incremental exposure
Gross leasing of warehousing space in 5 cities up 11% in Jan-Mar. Gross leasing of industrial and warehousing space rose 11 per cent across five major cities to 6.2 million square feet during January-March period
Airtel buys 7% in cloud networking startup Cnergee Tech for undisclosed sum. Airtel has bought the stake at mutually agreed pre-money enterprise valuation but did not disclose the valuation due to reasons of confidentiality
Budget of homebuyers becoming flexible, says M3M's Pankaj Bansal. Incidentally, NCR-Delhi has also replaced Bengaluru as the startup capital of India and the growing startup and unicorn community is also exploring the residential sector for investments
TVS Motor Co signs deal with Rapido to strengthen hyperlocal mobility biz. By signing this MOU, TVS Motor and Rapido are bringing together their strength in mobility and seamless technology platform, respectively, to deliver a winning proposition to this demanding user base
Flipkart commits to increasing employability for the differently-abled. Signed agreement with dept under Ministry of Social Justice and Empowerment, and skill council focused on such people
S&P raises Adani Electricity Mumbai's outlook from 'Negative' to 'Stable'. IHC investment in parent Adani Transmission Ltd to improve leverage and credit quality
Michelin becomes first tyre maker in India to get BEE accreditation. Michelin X Multi Energy Z tyre has been awarded the industry's first fuel savings label with a 4-star rating by the Bureau of Energy Efficiency (BEE), the company said in a statement
ASUS launches BR1100 Windows laptop series in India aimed at Gen Z users. With a starting price of Rs 24,999 and Rs 29,999 for non-touch and touch versions, respectively, the newly-launched laptops are now available on online and offline platforms
Macrotech aims 27% growth in sales bookings to Rs 11,500 cr this fiscal. The company, which got listed last year by raising Rs 2,500 crore through its Initial Public Offer (IPO), markets its product under the Lodha brand
HUL Q4 standalone net up 8.6% to Rs 2,327 crore, net sales rise by 10%. The company's board has recommended a final dividend of Rs 19
TVS Motor partners Rapido to expand reach in mobility, hyper-local segments. TVS Motor Company on Wednesday said it has entered into a strategic partnership with on-demand delivery and mobility platform, Rapido for mobility and growth
Samsung unveils T7 shield portable SSD for first time in India. Samsung has launched its latest external storage device, the T7 Shield Portable Solid State Drive (PSSD), for Indian consumers.
Top B2B player Moglix bolsters top rung, elevates three execs as MDs. The announcement comes as a boost to Moglix's senior leadership as it is poised for global expansion and growth
Hindustan Unilever profit rises over 5% to Rs 2,307 cr in March quarter. The company had logged a net profit of Rs 2,190 crore in January-March period a year ago
Reliance Industries mcap hits Rs 19 lakh cr mark in intra-day trade. The market heavyweight stock jumped 1.85 per cent to its record high of Rs 2,827.10 during the day on the BSE
Dr Batra's to double clinic count in FY23 on spike in homoeopathy demand. Eyes 225 centres, entry into smaller towns; Firm says clinics are back to pre-Covid-19 footfall levels, with 30% YoY growth in patients in FY22
Fintech start-up Actlogica raises seed funding from Zerodha's venture arm. The husband-wife duo of Ameet Ayare and Archana Anoor founded Actlogica in 2015 to aid wealth managers and investment management professionals
Reliance Industries inks pact for -bn UAE deal; in talks with ADNOC. RIL derives over 60 per cent of its revenue and nearly 55 per cent of its operating profit from its oil-to-chemicals (O2C) business
Marelli Holdings pushes back decision on sponsor after talks stall. The company, a key supplier for automakers Nissan Motor Co. and Stellantis NV, is now seeking to select a sponsor and finalize a plan next month
Porsche sales in India rise 22% to 188 units in January-March quarter. The brand's SUV range comprising Cayenne and Macan continue their success in India and remain the most sold models in the range, the company said in a statement.
Nasscom appoints Krishnan Ramanujam as Chairperson for 2022-23. Krishnan was the Vice Chairperson of the body. He succeeds Accenture's Senior Managing Director in India Rekha M Menon, who had served as the Chairperson for 2021-22.
Reliance inks pact for UAE chemical project; in talks with ADNOC. TA'ZIZ is joint venture between Abu Dhabi National Oil Co (ADNOC) and sovereign wealth fund ADQ
AU Small Finance Bank Q4 net doubles to Rs 346 cr on better margins. Net Interest Margin improves to 6.3% from 5.7% a year ago; NPAs decline at gross and net levels
Wipro announces acquisition of global SAP firm Rizing for 0 mn. The deal, which is expected to close by June 30, will strengthen acquirer's capabilities in large SAP transformative engagements
Shareholders, creditors approve Jindal Stainless Steel-JSHL merger. Having a total melting capacity of 0.8 million tonne per annum (MTPA), the Hisar-based JSHL is the largest specialty stainless steel producer in India with a diversified value-added product portfolio
Nippon Life Q4 up 5% to Rs 175 crore, FY22 PAT up 9% to Rs 744 crore. The firm's AUM stood at Rs 3.45 trillion as on March 21, 2022; Nippon India Mutual Fund's overall AUM market share rose to 7.38% in Q4
NAM India's Q4 profit after tax rises by 5% to Rs 175 crore. In comparison, the company had a profit after tax (PAT) of Rs 166.77 crore in the same quarter preceding fiscal, NAM India said in a regulatory filing to stock exchanges
Gateway Distriparks' Q4 profit after tax jumps 84% to Rs 85.5 crore. The company had posted a profit of Rs 46.38 crore in the March quarter of FY21, it said in a statement
Rainbow Medicare raises Rs 470 cr from anchor investors ahead of IPO. Close to 8.7 million shares were alloted to 36 institutional investors at Rs 542 per share, the upper end of the price band
Bajaj Finance Q4 consolidated net profit up 80% at Rs 2,420 crore. Dividend Rs 20 per share for FY22
Stock of Zee Learn tanks 19% as Yes Bank initiates insolvency proceedings. Second firm after Dish TV where Yes Bank and Essel group promoters at loggerheads
United Breweries net profit up 67.9% to Rs 164 crore in March quarter. The company had posted a net profit of Rs 97.53 crore during the January-March quarter of the previous fiscal, United Breweries Ltd (UBL) said in a regulatory filing.
PepsiCo reports double-digit revenue growth for Jan-Mar quarter in India. While on the volume side, the company has reported a "high-single-digit growth" for the Indian market for the convenient foods and beverages units
Tata Coffee's Q4 profit rises by 12% to Rs 64.28 crore. The company's profit stood at Rs 57.37 crore during the corresponding quarter of 2020-21, TCL said in a BSE filing
Arvind Uppal new Eureka Forbes chairman; Shapoorji Mistry leaves board. Shapoorji Pallonji Mistry and six other directors have resigned from the board of Eureka Forbes, with the new owner Lunolux Ltd taking control of the vacuum cleaner and water purifier maker.
Aditya Birla Sun Life AMC quarterly profit rises to Rs 158.5 crore. In comparison, the company had posted a Profit After Tax (PAT) of Rs 156.7 crore in the year-ago period, according to a filing to the stock exchanges
Truemeds raises mn in series B funding round led by Westbridge Capital. The company plans to utilise the funds to accelerate growth in the untapped domestic market and expand its coverage across the country
What does the Future deal collapse mean for Amazon and Reliance?. The battle between Amazon and Reliance over Future Group took another twist when Reliance abandoned its plan to acquire the firm. What would this mean for the retail ambitions of Amazon and Reliance?
ED searches 26 locations in ABG Shipyard money laundering case. Surat-based ABG Shipyard and its former promoters are accused of duping a consortium of 28 banks to the tune of Rs 22,842 crore
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