NSE share market NEWS tomorrow (10 February, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 February 2022
Jindal Steel was amongst the top gainers, currently trading at 440.90 in NSE with 1.389 times change in volumes and 5.858% change in price. Other gainers included Max Healthcare with 5.402% price change and 1.04 times volumes, Aurobindo Pharma with 4.321% price change and 5.624 times volumes, Avenue Supermarts with 4.013% price change and 1.838 times volumes, and Rail Vikas with 3.801% price change and 3.966 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.
Fsn E was amongst the top losers, currently trading at 1711.45 in NSE with 3.583 times change in volumes and -7.482% change in price. Other losers included Pb Fintech with -6.278% price change and 1.375 times volumes, Varun Beverages with -3.866% price change and 1.997 times volumes, Abb Power with -3.766% price change and 3.445 times volumes, and Page Industries with -3.447% price change and 2.319 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
Reliance Power reports Rs 13.93 crore loss in December quarter. Total income dipped to Rs 1,858.93 crore in the quarter, from Rs 2,006.66 crore in the same period a year ago
Torrent buys 25 Mw solar plants for Rs 163 cr from Balrampur Chini's SPV. Unit has long-term PPA in place with Gujarat Urja Vikas Nigam Limited for a period of 25 years
Drone makers in India on cloud nine after import ban announcement. However, the government continued imports of components for making drones
Mobility company Alstom to expand talent pool in India by 15% in 2022. Mobility company Alstom on Thursday said it is looking to add 15 per cent or up to 1,500 additional workforce to its talent pool in India by the end of 2022.
Bharat Forge reports consolidated net profit of Rs 422 cr in Dec quarter. Auto components major Bharat Forge Ltd on Thursday reported a consolidated net profit of Rs 422 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net loss of Rs 210.45 crore in the same quarter last fiscal, Bharat Fo
apna enables over 350 mn interviews, professional conversations pan-India. Most of the interviews happened in Delhi-NCR, Mumbai, Bengaluru, Hyderabad among metro cities. In tier II markets, Jaipur, Lucknow, Ahmedabad, Patna, and Ranchi had the maximum number
Venues begin to re-open, pushing Coca-Cola's sales up 10% in Quarter 4. The Atlanta beverage giant said the fourth quarter was the first time since the pandemic that away-from-home sales volumes exceeded 2019 levels
Nuvoco Vistas Corp to invest Rs 1,950 crore as part of expansion plans. Cement maker Nuvoco Vistas Corp on Thursday, as part of its expansion plans, announced investment of Rs 1,950 crore, which includes Rs 1,500 for setting up a new project in Gulbarga, Maharashtra.
Edtech firm Byju's plans to expand its free education programme. Edtech firm Byju's on Thursday said it will expand its free education programme to cover 1 crore students in rural and remote areas of the country by 2025.
India, China power Unilever to report fastest growth in 9 years in 2021. Priority markets of China, India, and the US grew at 14.3 per cent, 13.4 per cent, and 3.7 per cent respectively, said Unilever CEO Alan Jope
Amara Raja Batteries Q3 consolidated net profit dips 25% to Rs 145 crore. Amara Raja Batteries on Thursday said its consolidated net profit declined 25.25 per cent to Rs 145.30 crore in the third quarter ended December 31, 2021. The company had reported a net profit of Rs 193.69 crore in the corresponding quarter of the previous
RailTel gets ICAI award for excellence in financial reporting. The award was given by the Institute of Chartered Accountants of India (ICAI), the premier accounting body which has been holding the annual competition for these awards since 1958
TVS SCS appoints Ravi Viswanathan managing director effective Feb 7. R Dinesh, the fourth-generation TVS Scion, would continue to guide the company in his new role as the Executive Vice Chairman
Tata Chemicals' consolidated PAT jumps 69.4% to Rs 340 cr in Dec quarter. Tata Chemicals on Thursday reported a 69.39 per cent growth in consolidated profit after tax (PAT) to Rs 340 crore for the quarter ended December 31, 2021. The company's PAT had stood at Rs 200.72 crore during the corresponding quarter last year, Tata Chem
Diagnostics chain Dr Lal PathLabs posts Rs 58 crore profit for Dec quarter. Diagnostics chain Dr Lal PathLabs Ltd on Thursday reported a consolidated net profit of Rs 58.2 crore in the third quarter ended in December 2021. The company had posted a consolidated net profit of Rs 95.9 crore in the same quarter last fiscal, Dr Lal Pat
Gulf Oil's profit after tax falls 8% to Rs 58.6 crore in December quarter. Lubes maker Gulf Oil on Thursday reported an eight per cent drop in profit after tax (PAT) to Rs 58.63 crore for the December 2021 quarter.
Mindspace REIT Q3 net operating income rises 4% to Rs 371.5 crore. Mindspace Business Parks REIT reported a 4 per cent increase in its net operating income to Rs 371.5 crore and declared distribution of Rs 275.2 crore for its unitholders for quarter ended in December
Bayer revives plan to introduce new GM cotton seeds in India: Report. In late 2016, Monsanto withdrew an application seeking approval from New Delhi for the GM variety Bollgard II Roundup Ready Flex (RRF)
Sundram Fasteners reports Q3 consolidated net profit at Rs 110 crore. : Sundram Fasteners Ltd, engaged in manufacturing of auto components reported a consolidated profit for the quarter ending December 31, 2021 at Rs 110 crore, the company said on Thursday.
Manali Petrochemicals reports consolidated Q3 PAT at Rs 110.09 crore. : Petrochemical manufacturing company Manali Petrochemicals Ltd has reported consolidated profit after tax for the quarter ending December 31, 2021 at Rs 110.09 crore, the company said on Thursday. The city-based company and part of AM International, Singa
IRB Infra Developers' net profit rises 4.6% to Rs 72.7 cr in Dec quarter. IRB Infrastructure Developers Ltd reported a 4.6 per cent rise in its consolidated net profit to Rs 72.68 crore for the quarter ended December 31, 2021.
Trent's net profit zooms 79% to Rs 199 crore in December quarter. Tata Group's retail arm Trent, headed by Noel Tata, reported a 79 per cent jump in standalone net profit to Rs 199 crore for the December 2021 quarter.
Adani Ports forays into Bengal maritime sector, to operate berth at Haldia. The Kolkata port authorities on Thursday officially handed over the letter of award to Gautam Adani controlled Adani Ports and Special Economic Zone Limited (APSEZ) for mechanisation and upgradation of a berth in Haldia Dock Complex (HDC). This marks the e
PepsiCo logs double-digit volume growth in the Indian market in 2021. Global food and beverages major PepsiCo on Thursday reported a double-digit volume growth in the Indian market in 2021.
Pandemic impacted business but things are coming back, says Nykaa MD. FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty Nykaa, expects strong momentum in the business as the impact of pandemic recedes and the situation becomes normal
HC's Division Bench upholds order restraining sale of assets by Williamson. Eveready said in its exchange filing that the company is in the process of taking appropriate action as required, based on advice from its legal counsel
Quess Corp's consolidated PAT doubles to Rs 89 cr in December quarter. Business services provider Quess Corp on Thursday reported a 93.47 per cent jump in consolidated profit after tax (PAT) to Rs 89 crore for the quarter ending December 31, 2021.
Soft drink brand Thums Up becomes a billion-dollar brand in 2021. Desi soft drink brand Thums Up has become a billion-dollar brand in 2021, global soft drinks major The Coca-Cola Company, which owns the brand, said. "Our local Thums Up brand became a USD one billion brand in India, driven by focussed marketing and execut
Over billion raised by Indian start-ups in Q4 2021, says report. More than USD 7 billion was raised by Indian start-ups during the fourth quarter of 2021, which was 18 per cent higher than the previous sequential quarter, according to a report. The report by NASSCOM and Praxis Global revealed that fintech and retail tec
MX TakaTak to merge with ShareChat's Moj short video platform. Short video platform MX TakaTak will merge with social media firm ShareChat's Moj platform to create a community of 100 million content creators with access to 300 million monthly active users
With family arrangement on track, TVS families kick-start makeover exercise. As part of the restructuring exercise, each family group will get complete ownership of the businesses they manage while scrapping the holding company
What explains Gautam Adani's meteoric rise?. Coal mining tycoon Gautam Adani became Asia's richest man for a short while, surpassing RIL Chairman Mukesh Ambani. What is behind Adani's success? Take a peek into his growth path
ShareChat to acquire MX's short-video app in deal valued at 0 mn: Report. With the MX TakaTak acquisition, ShareChat's parent will now have two short-video apps in its portfolio.
Implementing Sebi's ESG framework tough for Indian companies: Rating agency. The government's clean energy push has prompted the regulator to roll out a series of rules for the country's top 1,000 listed companies
Reliance Industries to acquire stake in EV technology firm Altigreen. Based out of Bengaluru, Altigreen is an electric vehicle technology and solutions company for commercial last-mile transportation through 2/3/4 wheeled vehicles.
Persistent Systems acquires US-based Data Glove for .5 million. Established in 2010, Data Glove is a leading player in transformative consulting services and business solutions with total annual revenue for CY21 of .96 million and over 700 employees worldwide.
TCS launches Clever Energy and two other sustainability solutions. TCS Clever Energy platform leverages IoT, AI, machine learning and cloud to help organizations understand intricate energy performance factors
Indian AI-SaaS start-ups can create 0 bn of market value by 2030: Report. India's increasing role in the global AI market could create employment for around 4.5 million people, says a study by venture capital firm Stellaris and International Finance Corporation
Airtel unveils Xstream Premium with 15 OTT services; eyes 20 mn paid users. The app's single subscription comes at an introductory price of Rs 149 a month
Spinny acquires AI-powered car connectivity solutions' startup, Scouto. Founded by ex-racecar driver Akshay Gupta (CEO) and Shubham Sharma (CTO), Scouto has built an end-to-end connected car technology suite.
M&M reports over two-fold increase in Q3 PAT at Rs 1,353 cr. Homegrown auto major Mahindra & Mahindra (M&M) on Thursday reported over two-fold increase in its standalone profit after tax (PAT) at Rs 1,353 crore for the quarter ended December 31, 2021. The Mumbai-based company had posted a standalone PAT of Rs 531 cr
LIC has consistently lost market share in retail segment, says brokerage. After the rebound in November '21, LIC's growth in retail in December '21 slowed, and was materially lower than the private sector
ArcelorMittal posts three-fold jump in Q4 net income at ,045 million. The company had posted a net income of USD 1,207 million in the year-ago period
Hindalco Q3 results: Consolidated PAT nearly doubles to Rs 3,675 cr. Consolidated revenue from operations rose 44% to Rs 50,272 cr
FreshToHome scales up expansion to over 150 cities across India. Plans mass expansion with 100 new powered by FreshToHome stores
Petronet to invest Rs 40,000 cr, including in overseas LNG plants. Petronet plans to make foray into the petrochemical business by investing Rs 12,500 crore in a Propane Dehydrogenation Plant that will convert imported feedstock into propylene
Larsen & Toubro bags significant offshore projects from overseas client. Larsen & Toubro (L&T) on Thursday said its hydrocarbon business has bagged two 'significant' offshore projects from an overseas client. As per the company, a significant order is valued at Rs 1,000-2,500 crore. The scope of work comprises engineering, proc
Apparel manufacturer Page Industries Q3 profit rises 13.6% to Rs 174.6 cr. The company had posted a net profit of Rs 153.70 crore during the October-December period a year ago, Page Industries Ltd (PIL) said in a BSE filing
Cement firm ACC bags Kannur Limestone Block in Karnataka. Cement maker ACC Ltd on Thursday said it has been declared as successful bidder for Kannur Limestone Block in Karnataka. Through this mining block, the company has secured estimated limestone resources above 250 million tonnes, ACC said in a statement with
MRF Q3 net dips 71% to Rs 149 cr, revenue up 6% to Rs 4,920 cr. Firm approves second interim dividend of Rs 3 per equity share
Study abroad platform Leap Scholar enters Middle East, will invest mn. Firm has raised over mn in venture capital from marquee investors like Sequoia Capital, Owl Ventures, Jungle Ventures, and Harvard Management Company
Jailed for doing biz: Study flags 26,134 legal threats to entrepreneurship. Of the 1,536 laws that govern running enterprises in India, more than half carry imprisonment clauses, says a report by by Observer Research Foundation and Teamlease RegTech
Ola eyes NBFC acquisition to expand financial services business. Ola will leverage the acquisitions to provide vehicle financing as well as personal loans, they said
Strides Pharma records net loss of Rs 122 cr in Q3, revenue drops 5%. Company expects growth momentum in the US to pick up in coming quarters driven by new product launches
Cleartrip to raise employee headcount by 40% in coming quarter. The additional hiring will be across tech, product, growth and emerging business areas, it added
ArcelorMittal Nippon Steel India clocks 59 per cent increase in EBITDA. Sequentially, however, the firm's EBITDA was 21% primarily due to lower steel selling prices and higher costs (including coking coal and power), the company said
Piramal Enterprises Quarter 3 profit up 11% at Rs 888 crore. The company had posted a net profit of Rs 799 crore for the same period last fiscal year
Price erosion in US drags Alembic Pharma's Q3 net down 40% to Rs 176 cr. While the firm's US business fell 23% to Rs 393 cr in Q3FY22, its API sales were down 7% to Rs 198 crore
ShareChat to acquire short video platform MX TakaTak for Rs 4,500 cr. The acquisition, sources close to the development told IANS, will further bolster ShareChat's short-video market share through the platform Moj
CAMS profit after tax rises 37% to Rs 77.31 cr in December quarter. It had posted a profit after tax (PAT) of Rs 56.42 crore in the same quarter preceding fiscal, according to a statement
Zomato's Q3 loss narrows to Rs 63 cr, revenue jumps 83%. The company reported exceptional gain of Rs 316 crore during the quarter
SC asks Maran, KAL Airways to mull SpiceJet settlement offer on share spat. SpiceJet offers to pay Rs 600 cr cash in the share transfer case with former promoter Kalanithi Maran and his firm KAL Airways for a full and final settlement of all disputes
Mahindra's Q3 net rises over two-fold on strong operational performance. The better show comes despite a 9% volume contraction in tractors and 2% in automobiles, including SUVs and commercial vehicles
Logistics start-up Xpressbees raises 0 mn to become 8th unicorn of 2022. There have been four unicorn fundraises this week (including Xpressbees)
CCPA passes order for discontinuation of Sensodyne ads in India. Consumer protection regulator CCPA has passed an order against GlaxoSmithKline Consumer Healthcare Ltd directing it to discontinue advertisements of Sensodyne products in India for flouting norms.
Amazon's cumulative product shipments from India touch billion. E-commerce firm Amazon has facilitated shipment of products worth USD 3 billion from India in about six years' time, a senior company official said on Wednesday. The company has set target to enable exports worth USD 10 billion from India by 2025. "We look
NDTV net profit up 31.6% to Rs 29.87 crore in December quarter. Media firm New Delhi Television Ltd (NDTV) on Wednesday reported a 31.64 per cent increase in its consolidated net profit to Rs 29.87 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 22.69 crore during the October-
DCB Bank's shares decline nearly 2% after 22% fall in Q3 net profit. The stock declined 1.47 per cent to settle at Rs 86.85 on the BSE; during the day, it tumbled 4.02 per cent to Rs 84.60
Nykaa profit drops 59% to Rs 28 cr in Q3, revenue up 36%. The company's consolidated gross merchandise value grew 26 per cent sequentially and 49 per cent on a YoY basis to Rs 2,044 crore in Q3 of FY22
Airtel CEO hints at tariff hike in 2022 amid cost pressure, 5G rollout. Gopal Vittal says hike could happen after 3-4 months depending upon subscriber growth and competitive dynamics; asserts his firm will not hesitate to lead the spike
Indiabulls Housing Finance Q3 net down 7.9% YoY to Rs 303 cr. Sequentially, however, consolidated net profit rose by 5.94% from Rs 286 crore in Q2FY22
SC notice to Future Group on Amazon plea against stay on int'l arbitration. The matter, adjourned till Feb 23, was heard by CJI N V Ramana, two other judges; SC had on Tuesday rejected Amazon' petition to file a seven-page written submission
ITC Hotel's integrated app for bookings, takeaways, loyalty membership. Club ITC members can also save up to 10 per cent on room reservations through Club ITC exclusive member rates and earn and redeem Club ITC Green Points for their stays booked directly
Dr Reddy's Laboratories launches generic drug in the US market. Dr Reddy's Laboratories said it has launched vasopressin injection, which is used to control frequent urination, increased thirst, and loss of water caused by diabetes, in the American market.
Tata Power Q3 net up 72% to Rs 426 cr, renewables top growth segment. Revenue up 43.6% on expanded operation in Odisha power distribution companies, higher project execution by Tata Power Solar Systems and strong show by all other businesses
Satia Industries enhances production capacity with commissioning of PM4. Wood and Agro-based paper manufacturers Satia Industries said it has commissioned Paper Machine 4 having an installed capacity of one lakh tonne per annum, with an investment of Rs 500 crore.
Spencer's Retail Q3 loss narrows to Rs 27 cr; revenue down 7% at Rs 624 cr. RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Wednesday reported narrowing of its consolidated net loss to Rs 26.77 crore for the third quarter ended December 2021
GMR Infra reports consolidated net loss of Rs 515.34 cr for Dec quarter. GMR Infrastructure Limited on Wednesday reported a consolidated net loss of Rs 515.34 crore for the quarter ended December 2021.
Cement maker ACC Q4 consolidated net profit down 40.5% to Rs 280.85 cr. Cement maker ACC Ltd on Wednesday reported a 40.55 per cent decline in its consolidated net profit to Rs 280.85 crore for the fourth quarter ended on December 31, 2021.
Aurobindo Pharma net profit dips 22% to Rs 604 cr in December quarter. The Hyderabad-based drug maker had reported a consolidated net profit of Rs 777.3 crore in the same period of previous fiscal
NHPC inks pact to build 10,000 MW renewable energy capacity in Rajasthan. State-run NHPC has signed a letter of intent (LoI) to build renewable energy projects of 10,000 MW in Rajasthan.
Ashok Leyland wants to be the leader in CNG commercial vehicles. The share of commercial vehicle has constantly increased and is currently at 10 percent of the industry
Venture capital firm 3one4 Capital elevates Nruthya Madappa to Director. 3one4 Capital closed a total of 51 deals in 2021 - 28 early stage and 23 in growth and late stages
KFin buys Hexagram to expand into fund accounting, reconciliation solutions. KFin Technologies on Wednesday announced the acquisition of Hexagram Fintech, an IT product company specializing in fund accounting and reconciliation product development.
SAIL consolidated net profit rises 4.1% to Rs 1,529 crore in Q3. Its consolidated income during the quarter increased to Rs 25,398.37 crore, from Rs 19,997.31 crore earlier
GE Power India reports Rs 34.12-crore loss for December quarter. GE Power India reported a consolidated net loss of Rs 34.12 crore in the December 2021 quarter. The company reported a consolidated net profit of Rs 35.09 crore in the quarter ended on December 31, 2020, according to a BSE filing. Its total income during O
Biocon's Kiran Mazumdar-Shaw calls for incentive scheme for research. India needs to incentivize industries to invest more in academic research for creating a better ecosystem of research and innovation, Biocon chairperson Kiran Mazumdar-Shaw said on Wednesday. Speaking at a book launch event organised by the Centre for Soci
Essar Shipping reports Rs 5.6-crore net loss for December quarter. Essar Shipping on Wednesday reported a consolidated net loss of Rs 5.59 crore for the quarter ended December 2021. The company had reported a loss of Rs 181.88 crore in the corresponding quarter a year ago, it said in a regulatory filing. Its total income
Prestige Estates Q3 consolidated net profit up 59% to Rs 93 crore. Realty firm Prestige Estates Projects Ltd on Wednesday reported a 59 per cent increase in its consolidated net profit to Rs 93.3 crore for the quarter ended December. Its net profit stood at Rs 58.7 crore in the year-ago period. Total income of Bengaluru-b
James Murdoch, Uday Shankar launch fund with .5 bn commitment from QIA. Lupa systems and Uday Shankar enter into a strategic partnership to form 'Bodhi Tree'
James Murdoch, Uday Shankar form new investment venture backed by Qatar. Bodhi Tree will seek investments in media and consumer technology in Southeast Asia, with a focus on India
Deal activity in India jumps 40% to record high in 2021, shows data. Despite the headwinds from the pandemic and other looming uncertainties, deal activity in India witnessed a record high in 2021 and surpassed pre-Covid levels
What are Lupin CEO Vinita Gupta's plans for growth in US & China?. In conversation with Business Standard's Sohini Das, Lupin CEO Vinita Gupta shared her company's growth plans in the US and in China. Let us listen in to the interview
BCG, Accenture Strategy top recruiters in first phase of IIM-A's placements. Management consulting and finance companies continue to hire from the campus
FRL-Reliance merger: SC notice to Future group on plea of Amazon. A bench comprising Chief Justice N V Ramana and Justices A S Bopanna and Hima Kohli issued notices to the Future group firms and listed the plea for hearing on February 23.
xto10x Technologies raises mn in funding round led by Binny Bansal. Company helps start-ups to scale up business and it focuses on learning programme, software tools and operating capabilities
Xpressbees raises 0 mn in unicorn round, some major investors exit. Logistics start-up that works in 3000 cities across India is valued at .2 billion.
Bugworks Research gets mn funding as it scales up clinical research. The Series B1 financing was led by Lightrock India
SaaS start-up Oloid raises mn in funding for product, tech talent. The Series A funding brings Oloid's total raised since inception to mn. It will be used to help expand Oloid's retrofit access control products portfolio and teams in Bangalore and Silicon Valley
Defence sector firm Data Patterns logs Rs 9 crore net profit in Q3. The company's revenue from operations saw a 96 per cent rise to Rs 43.8 crore as against Rs 22.4 crore during the Q3 of FY21
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