NSE share market NEWS tomorrow (09 February, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (09 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 February 2022
Bse was amongst the top gainers, currently trading at 2234.95 in NSE with 4.34 times change in volumes and 7.579% change in price. Other gainers included Sbi Cards with 5.413% price change and 2.322 times volumes, Coal India with 5.408% price change and 2.478 times volumes, Persistent Systems with 4.878% price change and 1.918 times volumes, and National Aluminium with 4.614% price change and 1.007 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.
Bank Baroda was amongst the top losers, currently trading at 114.85 in NSE with 0.535 times change in volumes and -2.628% change in price. Other losers included Godrej Consumer with -2.045% price change and 1.176 times volumes, Varun Beverages with -1.951% price change and 0.884 times volumes, Pg Electroplast with -1.884% price change and 1.256 times volumes, and Computer Age with -1.866% price change and 1.604 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.
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
Leadership coaching company Peakperformer raises mn in seed fund. The funds will be used for new markets, hiring talent and technology development.
Amazon India launches second season of start-up mentoring programme. The Global Selling Propel supports early-stage start-ups in the consumer products space to get into international markets.
Vehicle cybersecurity firm SecureThings raises .5 mn in funding. The company will use the funding for product enhancement, business growth in India and overseas, augmenting the India and US teams, and sales and marketing
Indifi Tech says its online loans for small businesses grew 200% YoY. Indifi said it registered a 100 per cent growth in the number of loans disbursed from December 2020 to December 2021
Rupa & Co net profit rises 34% at Rs 58.3 crore in December quarter. Revenues of the company increased 25 per cent during the quarter at Rs 433.2 crore as compared to Rs 345.6 crore in the similar previous period
Vistara seeing signs of recovery, optimistic about future: CEO Vinod Kannan. The receding impact of Covid's third wave has buoyed full-service carrier Vistara's demand outlook
Kolte-Patil Developers profit dips 76% to Rs 5.37 cr in December quarter. Total income rose to Rs 244.7 crore in the third quarter of this fiscal year, from Rs 194.66 crore in the corresponding period of the previous year, according to a regulatory filing
Larsen & Toubro's construction arm bags 'significant' order in Bangladesh. Larsen & Toubro (L&T) on Wednesday said that its construction arm has bagged a 'significant' order to construct hi-tech IT parks at eight locations across Bangladesh. This project is being funded by the Indian EXIM Bank and is the first IT and office space
NMDC net profit jumps 122% in first nine months of FY22. The government-run NMDC registered a turnover of Rs 19,179 crore for the first nine months of the financial year 2021-22
GAIL advances US gas supplies, eyes new deals to meet India's energ. India's No 1 gas transporting and marketing firm has long-term liquefied natural gas (LNG) supply contracts from the US to Australia and with Russia, supplementing domestic gas supplies
Bosch net profit rises 27.5% to Rs 234.79 crore in December quarter. The company had posted a consolidated net profit of Rs 184.15 crore in the same period last fiscal
Karbon Card raises mn from Olive Tree, Harmony, Avenir and others. Existing investors Ramp, Mercury and Orios Venture Partners also participated in current round, which has taken the total amount raised by Karbon to about million
Housing finance players loan portfolio to grow at 8-10% in FY22: Report. Going forward, the growth trend is expected to continue, driven by healthy demand in the industry, increasing level of economic activity and increasing vaccination in the country, Icra ratings said
Jindal Steel and Power posts 20% steel sales growth in January 2022. Jindal Steel and Power on Wednesday reported "meaningful recovery" in steel sales, despite low railway rake availability
DCB Bank Q3 net down 21.9% YoY to Rs 75 cr as other income falls. Sequentially, net profit rose marginally from Rs 65 crore in Q2FY22
Airtel says recent tariff revision consolidated net 4G SIM additions. In late-November 2021, Bharti Airtel increased tariffs on prepaid plans by around 20 per cent, as did by Reliance Jio and Vodafone Idea
Tata Power net profit rises 74% to Rs 552 cr in December quarter. This was the ninth consecutive quarter of PAT growth, it added
Beauty firm Nykaa's Q3 net profit falls 59% to Rs 28 cr. Revenue from operations rose 36% to Rs 1,098 crore
Ace investor Rakesh Jhunjhunwala, others to pick up stake in D B Realty. D B Realty will allot 5 crore warrants to investors, including Rakesh Jhunjhunwala and his wife, within days of Godrej Properties cancelling its plans to invest Rs 700 crore in the company
State-run PGCIL net dips 2.2% to Rs 3,292 crore in December quarter. State-run Power Grid Corporation of India Ltd's consolidated net profit declined by 2.2 per cent to Rs 3,292.97 crore in the October-December quarter compared to the year-ago period.
Berger Paints' net profit falls 8% to Rs 253 crore in Dec quarter. Berger Paints India Ltd on Wednesday reported an eight per cent decline in its consolidated net profit to Rs 252.97 crore for the December 2021 quarter. The company had posted a net profit of Rs 274.98 crore during the corresponding quarter last year, Berg
Bharti Airtel profit drops 2.8% to Rs 830 crore in Q3; revenue up 12.6%. The company generated free-cash flow of Rs 8,803 crore during the quarter, up from Rs 5,314 crore a year ago and Rs 7,046 crore in the previous quarter
Mukesh Ambani leads, but Gautam Adani runs him close on the rich list. Mukesh Ambani's family net worth was estimated to be 8 billion on Tuesday against Gautam Adani net worth of billion
Compliance automation start-up Sprinto raises mn in Series A funding. Since its website launch in June 2021, Sprinto claims to have doubled its annual recurring revenue over the last 10 weeks
Airtel Q3 results: Net profit falls 3% to Rs 830 cr, revenue rises 13%. 'The recent tariff revision for mobile services has gone down well and we are exiting the quarter with an industry leading ARPU of Rs 163,' says CEO Gopal Vittal
MakeMyTrip to scale up financial services biz as it eyes wider user base. Currently the products are only sold to those buying tickets, hotel accommodation on its site. But now it will be offering insurance products even to those who don't
IRCTC Q3 net profit soars 168%, firm declares interim dividend of Rs 2. IRCTC's Q3FY22 revenue rose 141% to Rs 540 cr
Cos can gain 7 bn in profits a year with people focus, ESG: Infosys arm. While digital adoption and ESG orientation individually drive profits, they are more effective together, says the Infosys Digital Radar 2022 report
Bajaj Electricals net profit down 51% at Rs 48.17 cr in December quarter. Bajaj Electricals Ltd on Tuesday reported a decline of 50.94 per cent in its consolidated net profit to Rs 48.17 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 98.19 crore in the October-December quarter of the p
Pharma company Abbott ties up with health tech firms for diabetes care. Abbott on Tuesday said it has tied up with health-tech firms like BeatO, Sugar.fit, PharmEasy, GOQii, 1MG and Zyla for diabetes care
Ethereum platform Polygon raises 0 mn in funding led by Sequoia Capital. Other who participated in the round were SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital and others
Anushka Sharma and Virat Kohli invest in vegan meat start-up Blue Tribe. The company's products contain pea, soybean, lentils, grains, and other vegetarian ingredients that mechanically extract proteins, vitamins, and other nutrients
Jindal Steel & Power profit drops 27% to Rs 1,866 cr in December quarter. Jindal Steel & Power on Tuesday reported a 27.2 per cent drop in consolidated profit at Rs 1,866.08 for the quarter ended December 2021 owing to higher expenses. The company had posted a consolidated profit of Rs 2,566.68 crore in the corresponding period
Domestic air passenger traffic falls 43% to 6.4 mn in January: Icra. The rating agency said it is expecting the recovery process to remain subdued during March quarter and that the jet fuel prices continue to be a drag on the sector
Bharti Airtel board approves raising up to Rs 7,500 cr via debt instruments. The company's board approved issuance of non-convertible debt securities, including debentures, bonds to raise Rs 7,500 cr
BSE Q3 net up 86% to Rs 59 cr on spike in average daily turnover. Revenues from operations grew 60% YoY to Rs 192.7 crore
SC denies nod to Amazon to file written note in case filed by Future Retail. The bench rejected the submissions saying that the argument seemed to be that the oral submissions have to be given in writing as well
Bajaj Electricals to demerge its power transmission & distribution business. Bajaj Electricals Ltd would demerge its power transmission and distribution (T&D) business into a separate company in a move to create a sector-focused firm and streamline the management structure. The board of Shekhar Bajaj-led company on Tuesday approved
Delhi HC to hear all pending Amazon, Future Group pleas together on Friday. The Delhi High Court on Tuesday said it will club together and hear all the pending petitions related to the Amazon and Future dispute in connection with the 2019 deal between the firms
PTC India bags contracts worth Rs 10 crore under consulting services. Power trading solutions provider PTC India on Tuesday said it has bagged new contracts worth Rs 10.08 crore under consulting services. As per the contracts, PTC will provide services to Madhya Pradesh Industrial Development Corporation (MPIDC). "PTC India
IFC-backed Mintifi raises million from Norwest Venture, Elevation. The IFC-backed Mintifi, a B2B-focused buy-now-pay-later platform, has raised USD 40 million (about Rs 300 crore) in its series-C round led by Norwest Venture Partners and Elevation Capital
Merchant commerce platform Pine Labs acquires online payments startup Qfix. More than 5,000 merchants are presently on the Qfix platform including educational institutions, governments and clubs
Escorts Q3 consolidated net profit drops 32% to Rs 194 crore. The company had posted a consolidated net profit of Rs 286.42 crore in the same quarter last fiscal
NMDC consolidated profit drops marginally to Rs 2,048 cr in Dec quarter. State-owned NMDC on Tuesday reported a marginal 2.8 per cent drop in consolidated profit at Rs 2,048.40 crore for the quarter ended December 31, 2021 on the back of higher expenses. The company had reported a profit of Rs 2,108.05 crore for the year-ago pe
JK Paper consolidated net profit soars to Rs 151 crore in Dec quarter. JK Paper on Tuesday reported over two- fold increase in consolidated net profit at Rs 151.05 crore for the third quarter ended December 2021 helped by growth in volume.
BharatPe appoints investor's lawyer on Board amid probe and tussle. John Bernard Weinstein, a lawyer who is a partner and deputy general counsel at venture capital firm Insight Partners, joined the BharatPe Board on February 2
Jagran Prakashan Q3 consolidated net profit rises 43% to Rs 110 crore. Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Tuesday reported 43.41 per cent increase in consolidated net profit at Rs 110.30 crore for the third quarter ended December 2021.
Fintech GoalTeller raises 0,000 Pre-Series A from slew of investors. The company plans to focus on further building its team, especially on the sales development and some senior tech hires
Bata India profit rise nearly three folds at Rs 72 cr in December quarter. Bata India on Tuesday reported nearly three-fold increase in consolidated net profit at Rs 72.32 crore for December quarter 2021-22. The company had posted a net profit of Rs 26.41 crore in the year-ago period, Bata India said in a BSE filing. Revenue from
Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22. Value growth still higher due to price hikes
SC rejects Amazon's request to file fresh written submission. Move comes five days after apex court reserved its order on Future Group's plea to go ahead with NCLT proceedings for proposed deal between Future Group and Reliance Industries
J&K Bank net profit jumps over two-fold to Rs 175 cr in Dec quarter. State-owned Jammu & Kashmir Bank on Tuesday reported a more than two-fold rise in its net profit at Rs 174.81 crore for the quarter ended December 2021 on the back of a significant drop in its provisioning requirement. The bank had posted net profit of Rs
Wealthy.in raises Rs 56 crore in funding round led by Alpha Wave. Bengaluru-based wealth management platform Wealthy.in on Tuesday said it has raised Rs 56 crore in Series A round of funding led by Alpha Wave Incubation. New investor Savrola Group and existing investors Venture Highway, Good Capital & Emphasis Ventures a
Digital meeting platform Airmeet raises Rs 260 cr in series-B funding round. Digital meeting platform Airmeet on Tuesday announced to have raised Rs 260 crore in series B funding from new as well as existing investors.
CSC Grameen eStore, Adani Capital join hands to extend biz loans to VLEs. Government-promoted CSC SPV subsidiary CSC Grameen eStore and Adani Capital have joined hands for extending business loans to Village Level Entrepreneurs for purchasing products
Dalmia Cement Bharat emerges highest bidder for 2 coal blocks in Jharkhand. Dalmia Cement Bharat Ltd has emerged as the highest bidder for two coal blocks in Jharkhand that were auctioned for commercial use. While Mahanadi Mines and Minerals Pvt Ltd emerged as the highest bidder for a coal block in Odisha, Yazdani Steel And Power
TTML losses widen to nearly Rs 302 crore in December quarter. Tata Teleservices (Maharashtra) on Tuesday reported widening of losses to about Rs 302 crore for the quarter ended December 2021 compared to the year-ago period.
Adani, Jindal Power join race to buy Videocon's consumer durable business. The Adani group's surprise entry into the race has raised hopes of the lenders who are now expecting an early resolution of Videocon's Rs 64,000 crore of debt
GCPL Q3 net profit up 5% to 527.60 cr; net sales up 8% to Rs 3,302.58 cr. The Godrej group company had posted a net profit of Rs 502.80 crore in the October-December quarter of 2020.
Boycott calls over tweet by Hyundai's Pak partner may hit company. Hyundai is India's second-largest car seller after Maruti Suzuki, and the largest car exporter in the country
Policybazaar parent's loss widens 55% to Rs 297 cr in Q3, revenue up 73%. Revenue contribution of insurance services slides to 53 per cent in Q3 of FY22 from 68 per cent in the year-ago period
Telecom gear company Huawei gets Rs 150 cr order from Bharti Airtel. Telecom gear company Huawei has bagged an around Rs 150 crore order for maintenance of Bharti Airtel's transmission network, a source said on Monday. The order is part of an existing deal between Huawei and Airtel and is in compliance with the National Sec
Coal magnate Gautam Adani surpasses Mukesh Ambani as Asia's richest person. Some of Adani Group's listed stocks have soared more than 600% in the past two years on bets his push into green energy and infrastructure will pay off.
Pradip Shah, ex-consultant to World Bank, appointed Pfizer India chairman. Announcing the appointment, S Sridhar, the managing director of the company, said with Pradip Shah's elevation as the chairman, the firm will work closely with him on matters of strategic importance
TVS Motor Q3 net up 9% to Rs 288 cr, revenue at all-time quarterly high. The company's operating EBITDA margin stood at 10 per cent during the period under review as against 9.5 per cent during the third quarter ended December 2020
Nalco posts over three-fold jump in December quarter profit at Rs 831 cr. National Aluminium Company Ltd (Nalco) on Monday said its December quarter consolidated profit surged over three times to Rs 830.67 crore. The company had posted a profit of Rs 239.71 crore for the year-ago period, Nalco said in a filing to BSE. Income dur
HPCL's Visakha Refinery all set for Rs 26,264 cr expansion, modernization. The HPCL's Visakha Refinery is set for modernisation and expansion at a cost of Rs 26,264 crore. This is by far a massive industrial project ever in Andhra Pradesh, BJP MP G V L Narasimha Rao said in a statement here on Monday. Under the Visakha Refinery M
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