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NSE share market NEWS tomorrow (20 May, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (20 May, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 May 2022

Amber Enterprises was amongst the top gainers, currently trading at 2717.10 in NSE with 2.661 times change in volumes and 12.21% change in price. Other gainers included Pb Fintech with 11.026% price change and 1.671 times volumes, Jsw Energy with 9.869% price change and 3.565 times volumes, Macrotech Developers with 9.683% price change and 2.904 times volumes, and Dr Reddy with 8.135% price change and 1.358 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.

Container Corporation was amongst the top losers, currently trading at 573.40 in NSE with 6.483 times change in volumes and -5.489% change in price. Other losers included Godrej Consumer with -4.676% price change and 4.485 times volumes, Solar Industries with -3.018% price change and 1.716 times volumes, Adani Green with -1.892% price change and 1.896 times volumes, and Pi Industries with -1.811% price change and 0.423 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.

Jet Airways gets certificate to resume commercial flight operations. The airline intends to recommence commercial operations in July-September quarter.

Thermax's net profit tumbles 4.4% to Rs 103.2 cr in March quarter. Thermax on Friday reported a 4.4 per cent decline in consolidated net profit at Rs 102.54 crore for the quarter ended March. The company had reported a consolidated net profit of Rs 107.35 crore in the year-ago period, according to a BSE filing. Total inco

Hackers, fraudulent customers stole Rs 7.38 cr, complaint lodged: Razorpay. Hackers and fraudulent customers have stolen Rs 7.38 crore by tampering and manipulating the authorisation process of Razorpay

Singapore Airlines will continue to support Vistara's growth, says CEO. Says Vistara was competing with even more airlines when it was formed, has established itself clearly as the leading full-service carrier in India

FPI holding in HDFC, HDFC Bank drops amid sharp selloff in domestic market. FPIs have sold shares worth Rs 1.6 trn in domestic equities market so far this year. Historically, foreign investors have had high exposure to both HDFC Bank and HDFC

JSW Steel increases quantum of pulverised coal purchased from Russia. JSW Steel has increased the quantum of pulverised coal being purchased from Russia to 10-15 per cent of its requirements in recent times, the company's Deputy Managing Director Vinod Nowal said

IGL to invest Rs 8,000 cr in five years to expand CNG gas network: CEO. Indraprastha Gas Ltd, the nation's largest CNG retailer, will invest about Rs 8,000 crore in the next five years to expand the city gas network of CNG stations and pipelines

Woodland seeks 20% topline growth of over Rs 1,200 cr this fiscal. Owned by Aero Club, the privately-held Woodland closed FY22 with Rs 1,000 crore revenue and has set a target of crossing Rs 1,200 crore this year or clawing back to the pre-pandemic sales this fiscal

Hackers steal Rs 7.3 cr in 831 transactions over three months from Razorpay. Fraudsters were using the browser to tamper with authorisation data on some merchant sites that were using an older version of Razorpay's integration

Sebi imposes penalty of Rs 1 cr on IIFL for misusing client securities. Capital markets regulator Sebi on Friday imposed a penalty of Rs 1 crore on India Infoline Ltd (IIFL) for misutilisation of client securities. The amount has to be paid by IIFL within 45 days. The order came after Sebi conducted multiple inspections of the

Amara Raja Batteries Q4 profit dips 47.8% at Rs 98.85 cr, revenue up 3.7%. Amara Raja Batteries Ltd on Friday reported a decline of 47.80 per cent in consolidated net profit at Rs 98.85 crore in the fourth quarter ended March 2022.

Nuvoco Vistas Corp Q4 profit down 22% at Rs 29 cr, revenue jumps 11.34%. Nuvoco Vistas Corp Ltd on Friday reported a decline of 22.37 per cent in consolidated net profit at Rs 29.11 crore in the fourth quarter ended March.

Indiabulls Housing Finance Q4 net up 11.23% to Rs 307 cr, FY22 net dips. Income from operations fell to Rs 2,189 cr in Q4FY22 from Rs 2,372 cr in Q4FY21. Amount set aside for impairment on financial instruments declined to Rs 92 cr from Rs 316 cr

Paytm parent's quarterly loss widens to Rs 763 crore amid higher expenses. One97 Communication, the parent company of Paytm reported a loss of Rs. 780 in March quarter

Supreme Court to hear Subrata Roy's plea against Patna HC order on July 13. A bench of Justices A M Khanwilkar, J B Pardiwala passed the order while taking into account the request made by the Bihar government's counsel who said state needed time to file a counter-affidavit

SpiceJet flights stopped by Delhi ATC for non-payment of airport user fees. AAI has put SpiceJet on 'cash and carry' mode since 2020, due to the airline's inability to clear airport dues

German retailer Metro looking to sell India operations for .75 bn: Report. The German retailer operates 31 cash-and-carry stores across India

Zilingo sacks Indian-origin CEO Ankiti Bose after forensic audit. On March 31, Ankiti Bose was placed under suspension following complaints of alleged discrepancies in Zilingo's accounts.

Sona BLW expects two-third of revenues from EV components in coming years. With carmakers investing billions of dollars to build EVs, auto part suppliers are also diversifying their business towards new and clean technologies and moving away from gasoline-reliant supply chai

ZincSearch raises .6 mn in seed funding led by Nexus Venture Partners. ZincSearch has amassed more than 7,900 GitHub stars in just five months, making it one of the fastest-growing open source enterprise projects of the last 12-months.

Board evaluating Sebi penalty of Rs 1 crore, says Fortis Healthcare. Market regulator SEBI slapped a fine on Fortis Healthcare subsidiaries on account of fund diversion by erstwhile promoters

MOPE invests Rs 194 cr in Pathkind Diagnostics for undisclosed stake. Motilal Oswal Private Equity on Friday announced that a fund managed by it has made an investment of Rs 194.4 crore or million in Pathkind Diagnostics for an undisclosed stake.

Zydus Lifesciences Q4 profit dips 41% to Rs 397 cr due to higher expenses. The company had posted a consolidated net profit of Rs 679 crore in the same quarter of previous fiscal year, Zydus Lifesciences said in a regulatory filing.

Amazon, Flipkart in talks to buy stake in bn diagnostic chain Metropolis. Metropolis runs more than 3,000 diagnostics centers as well as pathology laboratories in India and Africa

Daimler India logs 48% growth in truck wholesales from previous year. Daimler India Commercial Vehicles Pvt Ltd (DICV) on Friday reported 48 per cent growth in truck wholesales at 14,222 units in 2021. The company, which manufactures BharatBenz brand of trucks and buses, had registered truck wholesales of 9,624 units in 2020

NTPC net profit jumps 12% to Rs 5,199 cr in Q4 due to higher revenues. State-owned power giant NTPC on Friday posted a nearly 12 per cent jump in consolidated net profit to Rs 5,199.51 crore in the March quarter, mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 4649.49 crore in the

After United States, Canada bans China's Huawei, ZTE from 5G networks. After the US, Canada has now moved to ban Chinese telecommunication giants Huawei and ZTE from its 5G networks in order to ensure the "long term safety of our telecommunications infrastructure".

Ola, Uber get notices for alleged consumer rights breach, unfair practices. Improper grievance redress mechanism, poor service, hefty cancellation charges and fairness of algorithm used to charge fares among major issues raised

Zydus Lifesciences Q4 net dips to 24% Rs 397 cr, revenue up 5%. Company says operational performance came amid geopolitical turmoil resulting in supply chain challenges and inflationary pressures

HeidelbergCement India Q4 net profit sharply falls 33.13% to Rs 93.61 cr. HeidelbergCement India Ltd on Friday reported a 33.13 per cent decline in its net profit to Rs 93.61 crore for the fourth quarter ended March 2022, mainly due to higher operating costs. The company had reported a net profit of Rs 139.99 crore in the year-a

WhatsApp will be open to all businesses through Cloud API: Mark Zuckerberg. This will be made possible by offering free, secure cloud hosting services provided by Meta

Uber to show drivers destination before they decide on trip request. Firm says it has raised rates to cushion impact of rising fuel prices on drivers' earnings

Netflix lays off 150 workers as it loses long-term subscribers: Reports. Netflix is fast losing subscribers -- who have been with the streaming service for more than three years - further adding to its woes as the company faces stalled growth amid revenue slowdown.

Ashok Leyland Q4 net profit drops 58% to Rs 158 cr; revenue jumps 22%. Hinduja group flagship Ashok Leyland on Thursday reported a 58.14 per cent decline in consolidated net profit at Rs 157.85 crore in the fourth quarter ended March 2022, pulled down by higher expenses. The company had posted a consolidated net profit of Rs

Akasa Air launch may be delayed further as it awaits aircraft delivery. 'Their (Akasa Air) aircraft delivery is delayed and it is expected to come around June /July. As far as other procedures are concerned, they all are on track,' says a DGCA official

ESG rating of 80% Indian firms just 'adequate' or 'below average': Analysis. Firms did better in environmental (E) parameter compared with social and governance (G), says Crisil Research

HPCL Q4 net declines 40%, declares final dividend of Rs 14/share for FY22. HPCL CMD said the company earned .44 on turning every barrel of crude oil into fuel in Q4FY22 as against a gross refining margin GRM of .11 per barrel in the same quarter a year back

Wipro launches 40,000 sq-ft new tech innovation studio in Austin, US. IT major Wipro has launched its new innovation studio at Austin in Texas, US, the company said on Thursday. Wipro said that the new centre, spread over 40,000 square feet, will create hundreds of jobs locally. "The studio will provide a dynamic collaborati

Uber India addresses trip cancellations, drivers not switching on AC. Cab-hailing firm will show trip destinations to drivers before they decide to accept a ride.

Fortis Healthcare case: Sebi slaps Rs 38.7-cr penalties on 32 entities. Capital markets regulator Sebi has imposed penalties totalling Rs 38.75 crore on 32 entities, including Fortis Healthcare Holdings, in a case related to diversion of funds of Fortis Healthcare Ltd (FHL) and misrepresentations to conceal the fraud. The matt

Govt in talks with Russia over a deal to buy oil at discounted rates: HPCL. India, the world's third biggest oil importer and consumer, is struggling like much of the rest of the world with inflation at multi-year highs, and is keen to cut its import bill

TCS CEO Gopinathan's salary up 26.6% in FY22, firm rejigs business groups. Average annual salary increase for TCS employees was in the range of 5-8 percent in India, says annual report.

Godrej Consumer Q4 net profit declines marginally to Rs 363 crore. Homegrown FMCG major Godrej Consumer Products Ltd (GCPL) on Thursday reported a marginal decline in consolidated profit after tax at Rs 363.24 crore for the fourth quarter ended March. The company had posted a consolidated profit after tax of Rs 365.84 cro

ICICI Ventures' fund offloads Go Fashion shares worth Rs 190 crore. India Advantage Fund S4 I on Thursday offloaded 18.11 lakh shares of Go Fashion (India) Ltd, which owns women's clothing brand Go Colors, for Rs 190 crore through an open market transaction.

Indian, Chinese companies take lead in use of artificial intelligence: IBM. Indian and Chinese companies are taking lead in use of artificial intelligence compared to their peers in major technically-advanced countries, an IBM survey report said on Thursday. According to the survey, 35 per cent of companies globally reported using

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024. The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing

Will 20% hikes and higher fresher pay be the new norm in IT sector?. Amid the race to hire and retain talents, several IT companies are outdoing each other in doling out attractive packages and bonuses. Will such hikes become the new norms? Find out in this report

Axis AMC sacks chief dealer Viresh Joshi over front-running allegations. The reason for termination was not given. Earlier, Axis AMC had also suspended Joshi and Deepak Agarwal.

Hyderabad based Skyroot Aerospace successfully test fires its rocket engine. The company on Thursday announced the completion of the milestone of full duration test-firing of its Vikram-1 rocket stage

SC dismisses plea to review removal of Cyrus Mistry as Tata Sons head. The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016

Electric vehicle maker Omega Seiki Mobility appoints Nida Khanam as CHRO. The company employs around 350 employees with 20 people in the leadership role, Omega Seiki Mobility (OSM) said, adding that it plans to scale up its workforce by 2,000 people by the next fiscal year

BlissClub raises mn in funding led by Eight Roads, Elevation Capital. BlissClub has seen 25X growth in just 10 months, having gone from raising a seed round in May 2021 to current Series A in less than a year

Solar PV module manufacturer Waaree Energies bags orders worth .37 bn. Domestic solar PV module manufacturer Waaree Energies on Thursday said it has secured new orders worth USD 2.37 billion from customers in the domestic and international markets. The orders are for supplying high-efficiency bifacial solar panels of 540Wp (w

Cars24 asks 600 employees to leave on basis of 'poor performance'. Pre-owned e-commerce platform Cars24 said that around 600 employees have been let go based on their poor performance and not owing to any "cost cuts".

Flipkart Pay Later doubles its user base to over 6 mn in just 7 months. Flipkart Pay Later now provides customers credit up to Rs 1 lakh, depending on the customer's credit profile

JPMorgan downgrades India's IT sector performance as pandemic boom fades. The brokerage expects the slowdown to worsen in 2023 partly due to a potential decline in orders from the key market of United States, where economic growth has started to weaken

Maruti to invest Rs 18k cr in Sonipat plant to roll out 1 milion units/year. Maruti Suzuki India (MSI) said its new manufacturing facility in Haryana, the company's third in the state, would reach peak production capacity of 10 lakh units per annum in the next eight years

MakeMyTrip partners with banks, NBFCs for 'book now pay later' option. The book now pay later (BNPL) payment has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app

APM Terminals Pipavav's Q4 net profit increases 10% to Rs 72 crore. APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Thursday reported a 10 per cent rise in net profit at Rs 72.4 crore for the quarter ended March 31, 2022.

Dr Reddy's Labs Q4 PAT falls 76% on pricing pressure, low export benefit. Dr Reddy's Q4 results: The revenue was up 15% to Rs 5,437 crore for the quarter under review

US cyber security company Trellix opens new data centre in Mumbai. California-based Cyber security company Trellix on Thursday announced the opening of a new data centre in Mumbai to help customers meet their data residency and compliance requirements.

Ratan Tata, Tata Sons welcome SC dismissal of review petition by SP Group. Ratan Tata and Tata Sons on welcomed Supreme Court's dismissal of a plea of the Shapoorj Pallonji group seeking a review of verdict that upheld group's removal of Cyrus Mistry as Chairman of Tata Sons

Bosch Ltd net profit declines 27% to Rs 350.5 crore in March quarter. Auto components major Bosch Ltd on Thursday reported a 27.28 per cent decline in consolidated net profit at Rs 350.5 crore in the fourth quarter ended March 2022 dragged down by higher expenses. The company had posted a consolidated net profit of Rs 482 cr

Uber to now show trip destinations to drivers before they decide to accept. Drivers who meet a predefined trip acceptance threshold will be eligible to get destination information, says Uber

Dr Reddy's plans new brands in Russia, says no issue with funds in country. The company's Russian revenue was at Rs 686 crore for Q4FY22, a year-on-year growth of 70%.

59% employees not happy at work, retail and e-comm unhappiest: Survey. Concept of workplace happiness stems from direct experiences of employees with their employer and their organisation.

Bank settlement proposal in NCLAT: Supertech management tells SC. The erstwhile management of realty firm Supertech on Wednesday informed the Supreme Court that it has submitted a settlement proposal with Union Bank of India

5G services likely in 50 top cities by March 2023, say telecom gear makers. According to the gear makers, on an average, the first phase will require about 1,000 towers in each city to be enabled with 5G gear. (Delhi alone will need 4,000 towers)

Standing Committee on Finance to discuss big tech firms' practices Thursday. The panel, headed by former minister of state for finance Jayant Sinha, will also hear the views of the Confederation of All India Traders (CAIT) on the subject

BPCL privatisation hits hurdle, as only one bidder remains in fray: Report. Privatisation of BPCL, which was dubbed India's biggest ever, has been stalled with just one bidder left in the fray after two others walked out over issues such as lack of clarity in fuel pricing

Adani forays into health care, diagnostics, sets up a subsidiary. Adani Health Ventures would set up, run and administer medical and diagnostic facilities, health aids, health tech-based facilities, research centers and allied activities

Adani Group enters healthcare, will set up medical and research facilities. A subsidiary called Adani Health Ventures will commence its business operations in 'due course', says conglomerate.

LIC Housing Finance Q4 profit up 180% to Rs 1,118 cr, credit costs drop. The company's board recommends a dividend of Rs 8.5 per share of Rs 2 each.

CCI approves Serum Institute Life Sciences-Biocon Biologics deal. The Competition Commission of India (CCI) has approved a proposed deal involving Serum Institute Life Sciences, Covidshield Technologies and Biocon Biologics. Once the deal is complete, Serum Institute Life Sciences Pvt Ltd will have about 15 per cent stak

ITC PAT up 11.6% in Q4 at Rs 4,259.68 cr, beats analysts' estimates. Cigarettes business recovers with volumes surpassing pre-pandemic levels, says company.

Manappuram Finance net profit falls 44% to Rs 261 cr in March quarter. Manappuram Finance on Wednesday reported over 44 per cent decline in net profit at Rs 261 crore in the quarter ended March 2022. The company had posted a net profit of Rs 468 crore in the same quarter of the previous year. "Our PAT (Profit After Tax) has b

Gold's lustre dulls as dollar rates rebound, rate hike fears loom. By Ashitha Shivaprasad

Ujjivan SFB to have 50% assets in secured loans over next 2-3 years. Ujjivan Small Finance Bank, after facing headwinds amid the COVID-19 pandemic, is charting out a more balanced growth path by increasing its secured loan book to 50 per cent of total assets in 2 years

IDBI Bank divests its entire 19.18% stake in ARCIL to Avenue India. IDBI Bank on Wednesday said it has divested its entire stake of over 19 per cent in ARCIL to Avenue India Resurgence Pte. The lender, however, did not disclose the deal value. "...IDBI Bank has sold its entire holding of 6,23,23,800 fully paid-up equity sh

Lupin logs net loss of Rs 512 cr in Q4 on rising costs, impairment expense. Quarter was challenging due to 'headwinds in the US on account of price erosion', says company.

AI, data key differentiators for enterprises: Tata Group Chairman. In TCS annual report, Chandrasekaran said that TCS has shown remarkable resilience and adaptability, coming out stronger than ever, after catastrophic events like global financial crisis or Covid

Inspired by Indian innovation, says senior Amazon executive Dave Clark. The CEO for worldwide consumer at Amazon says the country is 'very important' to his company's plans.

Google's Russian subsidiary to file for bankruptcy after bank a/c seized. Google says its Russian subsidiary is planning to file for bankruptcy because it can't pay staff and suppliers.

Box office hits record Rs 1,500 cr in March; April likely to be as good. Based on the trends in March and April, Gianchandani said the industry expected FY23 to be the best year for it 'ever' with overall revenues expected to hit Rs 14,500-Rs 15,500 crore

Tata Consumer in acquisition talks with at least five consumer brands. Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd

Over 500 workers at Indian-owned Mozambique coal mine go on strike. Over 500 workers at a coal mine in Mozambique owned by a subsidiary of an Indian company have been on strike for a week, the company said in a statement

RIL to submit bid for British medical retail chain Boots by month-end. In final bids for Boots, billionaires, and owner of UK's retail ASDA Group, Issa Brothers, are in the race with TDR Capital, a British private equity firm, and will be the front-runners.

Walmart's PhonePe set to acquire WealthDesk, OpenQ for about mn. PhonePe to acquire WealthDesk and OpenQ for about million and respectively according to the sources. PhonePe has invested over M on acquisitions as per the data analytics platform Tracxn

Stellantis bets big on India market; to launch first EV next year. The global automotive major Stellantis is planning to launch its first electric vehicle in India under the Citroen brand next year.

Will meet monetisation target of Rs 20,000 crore in FY23: NHAI Chairperson. The NHAI is optimistic about meeting the asset monetisation target of Rs 20,000 crore in the current fiscal amid ongoing economic uncertainties and geo-political instability, a top official said.

Tamilnad Mercantile Bank's Q4 net rises 36%, total income increases 9%. Tamilnad Mercantile Bank's Q4 result: The total interest earned increased 6.23 per cent to Rs 3,833.86 crore for FY22 as compared to Rs 3,609.05 crore for the previous year

Ruchi Soya to buy Patanjali's food business for Rs 690 cr, change its name. The name of Patanjali's food business will be changed to Patanjali Foods Ltd after the acquisition

Are Indian startups staring at a tough future after a blockbuster year?. The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to billion

Amazon launches Smart Commerce to change local stores into digital dukaans. Stores will now be able to digitise their operations, enhance in-store experience for walk-in customers, and create their own online storefront in minutes powered by Amazon

Cabinet empowers PSU boards to recommend stake sale, close subsidiaries. At present, PSU boards have the authority to make equity investments, undertake mergers and acquisitions subject to certain ceilings of net-worth

Vedanta-Foxconn talks with Karnataka on chip unit stuck over sops: Report. Vedanta-Foxconn is checking with other states such as Maharashtra, Gujarat, and Telangana to ascertain if they can find a better offer than Karnataka

Kotak Private Credit fund to raise up to Rs 2,000 cr to finance mid-mkt cos. The fund will have a diversified investment universe and be sector-agnostic

KLM veteran Pieter Elbers to replace Ronojoy Dutta as IndiGo CEO from Oct 1. Since 2014, Elbers (52) has served as the President & Chief Executive Officer of KLM Royal Dutch Airlines

Sun Pharma to launch new oral lipid lowering drug under Brillo brand. Claims drug has a new mechanism of action compared to currently available lipid lowering agents, is indicated for people with inherited genetic disorder

Vedantu lays off another 424 employees, blames 'scarce capital'. The decision comes just days after Vedantu had announced that it had let go of another 200 people.

Latest stock market News for tomorrow Access previous news reports: 934935936937938939940941942943944945946947948949950951952

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