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NSE share market NEWS tomorrow (08 February, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 February 2022

Bank Baroda was amongst the top gainers, currently trading at 117.95 in NSE with 0.651 times change in volumes and 4.427% change in price. Other gainers included Srf with 3.285% price change and 0.991 times volumes, Tata Steel with 3.094% price change and 0.971 times volumes, Tvs Motor with 3.069% price change and 7.735 times volumes, and Max Healthcare with 2.976% price change and 0.907 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.

Tata Power was amongst the top losers, currently trading at 234.85 in NSE with 2.504 times change in volumes and -6.732% change in price. Other losers included Amber Enterprises with -5.292% price change and 1.834 times volumes, Sona Blw with -5.221% price change and 2.155 times volumes, Suzlon Energy with -4.955% price change and 1.455 times volumes, and Adani Green with -4.774% price change and 1.194 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.

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

Indian Bank profit jumps 34% to Rs 690 crore in December quarter. Indian Bank on Monday reported 34 per cent jump in standalone profit after tax (PAT) at Rs 690 crore for December quarter 2021-22 helped by higher non-interest income. The state-owned lender had reported a PAT of Rs 514 crore for the year-ago period. Durin

Future Supply Chain Solutions' loss narrows to Rs 4.29 cr in Dec quarter. Future Supply Chain Solutions Ltd (FSCSL) on Monday reported narrowing down of its net loss to Rs 4.29 crore for the third quarter ended December 2021.

GSK Pharma's net profit falls 3.9% to Rs 150.3 cr in December quarter. The company had posted a consolidated net profit of Rs 156.51 crore in the corresponding quarter last fiscal, GlaxoSmithKline Pharmaceuticals said in a regulatory filing

Jindal Stainless profit zooms to Rs 442 cr in December quarter. Income during the third quarter increased to Rs 5,682.37 crore, from Rs 3,592.04 crore in the year-ago period

JM Financial's net profit jumps 20% to Rs 217 crore in December quarter. JM Financial on Monday said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter.

NGT imposes Rs 25 crore fine to Hindustan Zinc Ltd in Rajasthan. The National Green Tribunal has imposed a fine of Rs 25 crore to Hindustan Zinc Ltd, in connection with environmental violations covering nearly an area about 1,200 hectares of mining land.

Borosil consolidated profit rises 15% at Rs 25 cr in December quarter. Borosil Ltd on Monday reported 15.23 per cent rise in consolidated net profit at Rs 25.26 crore for the third quarter ended December 2021

Gainwell to invest Rs 500 cr in mining equipment manufacturing in Bengal. Gainwell Engineering on Monday said it will invest Rs 500 crore to manufacture coal mining equipment, with license from global heavy equipment major Caterpillar, in West Bengal. The company said it entered into a technology licensing agreement with Caterpi

Commence demolition of Supertech's twin tower within 2 weeks: SC. The Supreme Court Monday directed the authorities to commence within two weeks the demolition of realty major Supertech Ltd's twin 40-storey towers of its Emerald Court project in Noida.

Sukla Mistry takes over as first woman director on Indian Oil board. Sukla Mistry on Monday took over as the first woman functional director on the board of Indian Oil Corporation (IOC), the nation's largest oil refining and fuel marketing company. She has taken over as Director (Refineries) of IOC, India's highest-ranked e

GIPL's net profit declines 9% to Rs 27.91 crore in December quarter. Gujarat Industries Power Company Ltd (GIPL) on Monday reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues.

Lubricant brand Castrol India net profit flat in December quarter. Lubricant brand Castrol India Ltd on Monday reported a net profit of Rs 189 crore in the fourth quarter ended December 31, almost unchanged from the year-ago period.

Delhi HC's interim relief to Google subsidiary in tax dispute. Court allows Google Asia Pacific Pte Ltd to receive payments of Rs 1,106.41 crore from Google Cloud India after withholding tax of 8%, inclusive of surcharge and cess, for AY22-23

InterGlobe Aviation shares rally nearly 10% on Dec quarter profit. On the volume front, 1.56 lakh shares were traded on BSE and 44.81 lakh on NSE

India Ratings upgrades JSW Energy's credit rating to AA stable. JSW Energy on Monday said that India Ratings has upgraded its long-term credit rating to IND AA (stable) from IND AA- (stable).

Indian blockchain start-up Polygon bags 0 mn from Sequoia, Tiger Global. Polygon is an Ethereum scaling platform that enables developers to build scalable DApps (decentralised apps) with low transaction fees without sacrificing on security

Punjab & Sind Bank reports net profit of Rs 301 crore in December quarter. State-owned Punjab & Sind Bank (PSB) on Monday reported a net profit of Rs 301 crore for the quarter ended December 2021 as the lender saw good growth in overall business mix and better cash recoveries following its turnaround strategy started a year back.

Ralf Dieter Speth to replace Venu Srinivasan as TVS Motor chairman. Speth had worked in companies like BMW, Premier Auto Group and Linde among others

Tata Motors' domestic business reports best net sales in Dec quarter. Firm's domestic automotive business accounts for 31% of consolidated net sales in Q3

NCLAT will hear Amazon's interim plea on CCI order on February 14. A three-member bench on Monday directed to list Amazon's plea on February 14 to pass an interim order and stay the operations of order passed by CCI in December last year

Guwahati: Power Minister RK Singh holds review meeting with NEEPCO. At the meeting, the Union Power Minister appreciated the rapid capacity addition and substantial increase in green energy generation by NEEPCO

Ujjivan SFB to raise Rs 600 cr in equity; expects to report profits in Q4. Listed entities need to have 25 per cent public holding and fresh capital will help business, says top executive.

Gaming start-up Atirath raises undisclosed amount in seed fund from Kalaari. The company develops games in casual and strategy genre and is preparing products for the metaverse.

Ashok Leyland to supply 200 trucks to Bangladesh for highway works. Company is a leading commercial vehicle brand in Bangladesh and has more than 50 touch points there.

Ashok Leyland to supply 200 trucks to Bangladesh government. The company said it had won the tender floated by the Bangladesh government for 135 fully-built trucks, comprising 3T truck, hydraulic beam lifter and Sewerage sucker.

IT company Mphasis appoints Dave Cassie as new country head Canada. Cassie is experienced in consulting, technology solutions, outsourcing, and transformation in multiple industries across North America

Reliance Industries seeks minimum for gas from CBM block. Brent crude oil is currently trading above US 92.5 per barrel and at this price, the floor rate for Reliance gas comes to USD 13 per mmBtu

Toshiba now plans to split into two, hikes shareholder return targets. Under the new restructuring, Toshiba will just split off its device business, including its power chip unit

Engineering firm Honeywell names Rajesh Rege as country president for India. Rege joined office today and he will be based in Bengaluru

L&T, Microsoft sign pact to develop regulated sector-focused cloud offering. Larsen & Toubro (L&T) and Microsoft India on Monday announced signing of a pact to develop a regulated sector-focused cloud offering to empower customers with the best-of-breed cloud computing and infrastructure services. In line with emerging regulations,

Tata Steel's acquisition of NINL to strengthen long-steel output: Moody's. Moody's Investors Service on Monday said the acquisition of Neelachal Ispat Nigam Ltd by Tata Steel arm is credit positive because it will increase the subsidiary's long-steel production capacity

Pharma company Venus Remedies joins AMR Industry Alliance. AMR Industry Alliance is the largest private-sector coalition working towards curbing AMR through a coordinated and multipronged response

Punjab and Sind Bank post Rs 301 cr net profit in Q3 versus year-ago loss. Interest margins improve; provisions & contingencies fall sharply

Meesho adopts boundaryless workplace model to attract talent. Earlier, Meesho also introduced employee friendly practices like 30-week gender-neutral parental leave policy, gender reassignment leave and 10-day reset and recharge policy

Thyrocare Technologies names Rahul Guha as MD & CEO. A graduate of IIM-B, Guha has spent almost 17 years at Boston Consulting Group (BCG), where he has led the healthcare and life sciences practice

JSW Group joins World Business Council for Sustainable Development. JSW will be represented in WBCSD by Seshagiri Rao, Joint Managing Director and Group CFO, who also sits on the board of directors of JSW Steel

Union Bank Q3 net up 49.3%; provisions & contingencies fall sharply. NII rises 8.9% to Rs 7,174 cr; gross NPAs declin to 11.62% in December 2021 from 13.49% a year ago

SBI-backed Cashfree records 48% growth in net profit to Rs 25 cr in FY21. Last year, banking giant SBI was reported to have invested an undisclosed sum in the fintech start-up at a valuation of 0 million

Agri-tech firm Gramophone plans to double headcount to 1,000 in 6-8 months. The company whose current employee strength is over 450 is planning to add over 300 professionals across technology, product, operations and marketing in the next six-eight months, Gramophone said

Corporate India ahead in embedding sustainability across strategies: Report. It has been revealed that 57 per cent organisation in India has a sustainability strategy that has been acted upon and clearly communicated.

Truecaller works with Android phone makers to preload app in key markets. Truecaller is platform agnostic and aims to work with as many smartphone makers as possible in future

Minda Industries posts 13% fall in PAT to Rs 118 cr for December quarter. Revenue from operations during October-December 2021 rose seven per cent to Rs 2,181 crore, compared with Rs 2,031 crore in the year-ago period

Bharti Airtel to spend Rs 1.17 trillion on subsidiaries in five years. Bharti Airtel has plans to spend about Rs 1.17 lakh crore through business transactions with its subsidiaries like Indus Towers, Nxtra and Bharti Hexacom

After no-show for 8 months, panel to choose ONGC chairman and MD. Eight months after its headhunter failed to find any suitable candidate for top job at ONGC, the government will deploy a sparingly used committee approach to find a new chairman and managing director of India's top oil and gas producer. Most board level a

Audi weighing local production of electric vehicles in India. With the company deciding to go all-electric globally from 2033, it is a matter of time for local production of its electric cars, which has so far received a robust response in India.

Maruti expects production activity to pick up in Q4 as chip supply improves. The auto major is also looking at ways, including bolstering its SUV portfolio, in order to get back to 50 per cent market share in the domestic passenger vehicle segment in the years ahead.

SBI lines up 6 NPA accounts for sale to ARCs to recover dues of Rs 406 cr. The interested ARCs/banks/NBFCs/FIs can conduct due diligence of these assets with immediate effect

Air India: A name chosen through opinion poll more than 75 years ago. More than 75 years ago, an opinion poll among Tata employees to choose from four names resulted in the country's first airline company being named as 'Air India'. Little over 10 days after formally taking control of Air India, Tata Group on Sunday shared n

IPO-bound LIC ropes in 6 independent directors on its board. With the appointment, the total number of independent directors goes up to 9 and all vacancies are filled.

Bayer Cropscience posts Rs 84.8-cr net profit for Dec quarter. Bayer Cropscience Ltd has reported a net profit of Rs 84.8 crore in the third quarter ended December 2021, despite unseasonal rains, crop infestations and a challenging corn season. The company had posted a net loss of Rs 45.1 crore in the corresponding qu

Godrej Properties expects Jan-Mar to be best-ever qtr for sales bookings. Godrej Properties expects record sales bookings during this quarter, beating the previous high of Rs 2,632 crore, driven by new launches of around 10 housing projects amid strong revival of demand.

Adani Group forms new subsidiary to set up data centre in Mumbai. Adani Group has incorporated a new subsidiary to set up a data centre in Mumbai, one of half a dozen cities that the billionaire Gautam Adani's group has identified to set up data centres initially.

Sintex Industries insolvency in final stages, company receives revised bids. Four companies, including Reliance Industries, competing for Sintex Industries have revised their bids that will now be placed before the Committee of Creditors (CoC) of the debt-ridden textiles maker for approval. Mukesh Ambani-led Reliance Industries Ltd

LIC 3rd largest globally, but offers highest RoE of 82%, says Crisil report. At 64.1 per cent or with a gross written premium of .405 bn, LIC's market share is unparalleled globally, with no other life insurer anywhere else enjoying such a high market share

Non-core asset sale: Bidding of BSNL land assets fails to garner interest. DIPAM asks its property consultants to identify issues in criteria; bidding likely to take place again

IIFCL invests in infra project bonds, issues NCDs worth Rs 325 cr. This marks IIFCL's first transaction under this initiative, the company said in a statement on Sunday. The NCDs are of a tenor of 10 years.

Tata Power shares up 180% in one year; PLIs likely to sustain momentum. Shares of Tata Power have risen around 180 per cent in the past one-year period evidently due to its strong investment in EV charging stations, solar infrastructure and other expansions.

Latest stock market News for tomorrow Access previous news reports: 960961962963964965966967968969970971972973974975976977978

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