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NSE share market NEWS tomorrow (07 February, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (07 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 February 2022

Interglobe Aviatio was amongst the top gainers, currently trading at 2170.10 in NSE with 4.735 times change in volumes and 9.915% change in price. Other gainers included Bank Baroda with 6.007% price change and 3.89 times volumes, Inox Wind with 5.241% price change and 2.596 times volumes, Blue Star with 4.184% price change and 1.2 times volumes, and Adani Green with 3.81% price change and 1.587 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.

Torrent Power was amongst the top losers, currently trading at 524.10 in NSE with 0.485 times change in volumes and -9.692% change in price. Other losers included Lupin with -7.739% price change and 0.696 times volumes, Indian Bank with -5.64% price change and 3.052 times volumes, Pb Fintech with -5.252% price change and 0.29 times volumes, and Abb Power with -4.964% price change and 1.521 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.

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.

Lenders open to FRL resolution under June 2019 rules, subject to SC ruling. Such an option (resolution under June 2019 norms) could make room for a six-month resolution and create prospects of upgrading the account based on performance

Amazon surges with record 0 billion gain in value, shares jump 13.5%. Shares of the online retail and cloud computing giant surged 13.5% on Friday following its blowout quarterly report

IndiGo appoints Rahul Bhatia as MD; to focus on airline's int'l presence. IndiGo seems to be gearing up for the challenge of greater competition in India's skies by appointing Rahul Bhatia as the Managing Director to focus on expanding the airlines presence

NFT marketplace OpenSea launches new system to protect against recent bug. NFT marketplace OpenSea has launched a new system that will help users clear out unclaimed sale offers, set to roll out over the next two weeks

Hamdard looks to enter new segments; plans to launch beauty products. Traditional medicine manufacturer Hamdard is looking to further diversify its product offerings by entering into new consumer segments

Apple to take 27% commission on 3rd-party app payment in Netherlands. Tech giant Apple said it will take 27% commission on purchases made in dating apps through third-party payment options in the Netherlands, in compliance with a Dutch regulatory ruling

SBI Q3 results: Net profit surges 62% to Rs 8,432 cr on lower provisions. The bank's gross bad loan ratio, a measure of asset quality, fell to 4.5% from 4.90% a quarter earlier

Vodafone Idea remains sole telco to offer equity stake to govt. Tata group-owned telecom companies withdraw their offers over differences in calculations

BoB Q3 results: Net profit doubles to Rs 2,197 cr. The bank reported PAT of Rs 1,061 crore in the year-ago period

CMS Info Systems logs 48% growth in December quarter net at Rs 60 cr. CMS Info is the country's largest cash management company based on number of ATM points and the number of retail pick-up points as well as one of the largest ATM cash management companies worldwide

SBI Q3 net profit jumps 62% to Rs 8,432 cr, asset quality improves. Lender posts highest quarterly profit in Q3FY22, sees improvement in interest margins

LIC offers opportunity for policyholders to revive lapsed policies. Policies, which are in a lapsed condition during the premium paying term and not completed policy term, are eligible to be revived in this campaign

Bank of Baroda Q3 net profit doubles to Rs 2,197 cr on lower provisions. Asset quality of the bank improved both sequentially and on a YoY basis; provisions of the lender fell over 27% to Rs 2,506 cr

Reliance Jio faces service outage in Mumbai since Saturday morning. Reliance Jio's telecom services have been affected since Saturday morning in the financial capital, with many users complaining of inability to connect calls. The problem was first reported at 12 noon across the city with users complaining of getting a mes

BharatPe's other founder supports CEO amid Grover's demand for ouster. Legal experts contend that the CEO cannot be removed from the board on the sole demand of Ashneer Grover and any such removal can only be done jointly by both the co-founders

BharatPe boardroom tussle: Co-founder Nakrani says he supports CEO Sameer. Shashvat Nakrani's backing for Suhail Sameer comes amid Ashneer Grover's demand for his ouster

Ujjivan SFB's Q3 net loss narrows to Rs 34 cr on lower provisions. The bank had posted a net loss of Rs 279 crore in the corresponding quarter a year ago

SC declines to entertain SLP against Harsh Lodha at 'present stage'. The petitions were filed by two members of the APL Committee - a court-appointed committee to administer the estate of Priyamvada Birla

Real estate firm Godrej Properties calls off its deal with DB Realty. Godrej Properties has decided to cancel its plans to invest Rs 700 crore in DB Realty to acquire 10 per cent stake and set up a joint platform

Micro gold savings app Jar raises million led by Tiger Global. Fintech startup firm Jar said it has raised USD 32 million (about Rs 240 crore) in a Series A round funding led by Tiger Global.

Adani Green Energy arms raise Rs 612 cr for debt refinancing. Three arms of Adani Green Energy Ltd (AGEL) have collectively raised Rs 612.30 crore through their maiden domestic bond issue on private placement basis for debt refinancing

Logistics company Shiprocket invests .5 million in Logibricks. Tech-enabled logistics and fulfilment firm Shiprocket has invested .5 million in Logibricks for product revamp, talent acquisition and product innovation, among others.

IIT Hyderabad to set up Suzuki Innovation Centre on its campus. IIT Hyderabad and Suzuki Motor Corporation signed a three-year contract to start Suzuki Innovation Centre (SIC) with the vision of "creating innovations for India and Japan"

Mahindra sets record for monthly vehicle sales in South Africa. Mahindra South Africa has set a new record for monthly sales since it first started selling its range of automotive vehicles in the country 18 years ago.

Apple, Broadcom win new trial in .1 billion Caltech patent case. A US appeals court threw out a jury verdict ordering Apple Inc and Broadcom Inc to pay .1 billion to the California Institute of Technology for infringing its Wi-Fi technology patents

News Corp says it was hacked; believed to be linked to China. News Corp, publisher of The Wall Street Journal, said Friday that it had been hacked and had data stolen from journalists and other employees

FRL's lenders to meet on Saturday to decide on future course of action. This, while Future Retail has sought ten days from Supreme Court to work out a settlement for payment of dues

Bayer Cropscience posts Rs 85 crore net profit in third quarter. Bayer Cropscience Ltd posted a net profit of Rs 84.8 crore for the third quarter of 2021-22 on better revenue and sale of its seed business.

Dalmia Bharat Sugar consolidated net profit at Rs 57 cr in third quarter. Dalmia Bharat Sugar and Industries Ltd posted 52.5 per cent jump in consolidated net profit at Rs 56.58 crore during the third quarter of 2021-22.

Jio picks up 25% stake in deep tech start-up Two Platforms for million. Founded by Pranav Mistry, Two Platforms is an artificial reality company which focuses on building interactive and immersive AI experiences

CreditAccess Grameen reports Rs 117 crore net profit in Dec-quarter. Leading microlender CreditAccess Grameen reported a net income of Rs 117 crore for the three months to December, as against a net loss of Rs 79.1 crore a year ago.

Paytm loss widens 45% to Rs 778 cr in Q3, revenue rises 89%. The number of loans through the fintech platform grew to 4.4 million in Q3 of FY22, representing a growth of 401 per cent year on year - whereas value of loans rose 366 per cent to Rs 2,181 crore

IndiGo swings back to profit after 7 qtrs, appoints co-founder Bhatia as MD. IndiGo swung back into profit after registering seven consecutive quarters of loss thanks to a rebound in travel demand during the holiday season

Lupin consolidated net profit up 24% at Rs 545 crore in Dec quarter. Drugmaker Lupin reported a 24.45 per cent rise in its consolidated net profit at Rs 545.5 crore for the third quarter ended December 31

Amazon unveils advertising business larger than Google's YouTube. Amazon reported ad revenue of .7 billion for the fourth quarter, up 32% from last year

Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTs. Nike said StockX's NFTs infringe its trademarks and are likely to confuse consumers

PE firm Advent eyeing billion investment in Yes Bank: Report. Advent is conducting due diligence and may form a consortium, the report said, citing sources

Agritech startup EekiFoods raises mn from Avaana Capital, others. It grows high-quality, residue-free Indian staple vegetables through its patent-pending Plant Growth System

Bombay Shaving Company raises Rs 50 cr from GII; to enter Middle East. The company, which is into personal care and hair removal, recently had a Rs 160 crore fund infusion and the latest one takes the overall quantum of money raised in this round to Rs 210 crore

Latest stock market News for tomorrow Access previous news reports: 961962963964965966967968969970971972973974975976977978979

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