NSE share market NEWS tomorrow (03 February, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (03 February, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 February 2022
Blue Star was amongst the top gainers, currently trading at 1000.05 in NSE with 10.65 times change in volumes and 9.661% change in price. Other gainers included Amber Enterprises with 8.944% price change and 10.687 times volumes, Bse with 5.481% price change and 2.388 times volumes, Tvs Motor with 4.967% price change and 2.473 times volumes, and Pb Fintech with 3.963% price change and 1.18 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.
Godrej Properties was amongst the top losers, currently trading at 1667.85 in NSE with 3.151 times change in volumes and -6.416% change in price. Other losers included Multi Commodity with -4.786% price change and 3.292 times volumes, Supreme Industries with -3.73% price change and 2.034 times volumes, Union Bank with -3.715% price change and 1.116 times volumes, and Mphasis with -3.643% price change and 0.882 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.
Emami net profit rises 5% to Rs 220 cr in December quarter. Revenue from operations was up at Rs 971.85 crore during the quarter under review as against Rs 933.61 crore in the year-ago period
Torrent Power Q3 net up 15% to Rs 369 cr on gains from LNG trading. Consolidated revenues from operations up 28% to Rs 3,767.43 crore in Q3 of FY22
Emami Q3 consolidated PAT up 5% at Rs 220 cr, revenue rises 4% to Rs 972 cr. Company said quarter had high inflation leading to deceleration in consumer demand and gross margins at 67.4% contracted by 300 bps due to spike in key input prices
LIC ties up with Policybazaar.com for distribution of its products. This is LIC's first association with an insurance aggregator, and otherwise relies heavily on its large agency force of 1.33 million agents for distributing its products
Aditya Birla Capital Q3 consolidated net doubles to Rs 577 cr. Improved interest margins; AMC stake sale boost bottomline
HCC posts 45.7% decline in net profit to Rs 118.6 crore for Dec quarter. Hindustan Construction Company (HCC) reported a 45.66 per cent decline in net profit to Rs 118.58 crore for the quarter ended December 31, 2021.
Kuwy launches a platform for complete online car sales process. Automotive fintech startup Kuwy on Thursday said it has launched a platform for complete online car sales process by bringing together buyers, sellers and lenders. The Chennai-based company, which is a subsidiary of Volkswagen Finance, introduced - KUWYLaa
Godrej Properties to invest Rs 400 cr in DB Realty to pick up 10% stake. Godrej Properties to invest another Rs 300 cr to jointly build redevelopment projects
Adani Power posts Rs 218 crore consolidated net profit for Dec quarter. Adani Power on Thursday posted Rs 218.49 crore consolidated net profit for December quarter 2021-22. The company incurred a loss of Rs 288.74 crore in the year-ago period, a BSE filing stated. Total income stood at Rs 5,593.58 crore in the quarter. It was
JK Tyre's net profit drops 77% to Rs 54 cr in December quarter. JK Tyre & Industries on Thursday said its consolidated net profit declined 76.6 per cent to Rs 53.92 crore for the third quarter ended December 31, 2021. The company had reported a consolidated net profit of Rs 230.46 crore in the corresponding period last
Marico Ltd plans to achieve net-zero emissions in global operations by 2040. The company will introduce multiple sustainability initiatives across its global operations with a view of curbing greenhouse gas (GHG) emissions and promoting a carbon-neutral business agenda
Board of Coromandel International appoints S Venu as Additional Director. Agri-solutions provider Coromandel International Ltd reported a 16.2 per cent rise in profit after tax at Rs 379 crore for the quarter ending December 31, 2021.
Pfizer net profit rises 2% at Rs 144 crore in December quarter. Drug firm Pfizer said its net profit increased by 1.89 per cent to Rs 143.91 crore for the third quarter ended December 31, 2021.
ITC Q3 net profit rises 15%, firm declares interim dividend of Rs 5.25. The e-commerce sales continued to grow rapidly during the year with sales at nearly 3x of FY20 level, says ITC
Future Retail asks SC two weeks' time to arrive at a solution with lenders. FRL's council had argued in court that it needed some time, and should its merger deal with Reliance Group come through, it could service all debt
Security and Intelligence Services profit rises to Rs 101 crore in Q3. Security and Intelligence Services (SIS) reported a marginal increase in net profit at Rs 101 crore for the third quarter ended December 2021.
Westlife Development posts net profit of Rs 20.82 crore in Dec quarter. Westlife Development Ltd reported a multifold jump in its consolidated net profit to Rs 20.82 crore for the third quarter ended December 2021.
Thomas Cook (India) Q3 consolidated net loss narrows to Rs 25 crore. Travel services provider Thomas Cook (India) Ltd on Thursday reported narrowing of its consolidated net loss at Rs 24.59 crore for the third quarter ended December 2021. The company had posted a consolidated net loss of Rs 66.24 crore in the same quarter l
Adani Power Maharashtra asks MSEDCL to pay Rs 10,135 cr in 4 weeks. Adani Power Maharashtra Ltd has shot off a letter to Maharashtra State Electricity Distribution Co. Ltd for payment of Rs 10,135 crore
Homes textiles major Welspun India Q3 net falls 25% to Rs 131 crore. Homes textiles major Welspun India Ltd reported a 25 per cent decline in consolidated net profit at Rs 131.06 crore for the third quarter ended December 2021.
ITC Q3 results: Net profit rises 14.8% to Rs 4,118.80 cr, revenue jumps 30%. Pre-tax profits from the non-cigarettes FMCG segment was at Rs 246 crore, compared with Rs 243 crore in the same period last year
Govt appoints former civil servant Ravi Mittal as IBBI chairperson. The government has appointed former civil servant Ravi Mittal as the chairperson of the Insolvency and Bankruptcy Board of India (IBBI), according to sources. The appointment comes little over four months after the post fell vacant following the retirement
Blue Star consolidated net profit rises 29% at Rs 48 crore in Dec quarter. Air conditioner and commercial refrigerator maker Blue Star Ltd reported 29.37 per cent rise in consolidated net profit at Rs 47.57 crore for the third quarter ended December 2021.
Manyavar-owner Vedant Fashions collects Rs 945 cr from anchor investors. Vedant Fashions Ltd, which owns ethnic wear brand Manyavar, on Thursday said it has garnered Rs 945 crore from anchor investors, ahead of its IPO roll-out on Friday
Brigade Enterprises posts Rs 78 cr profit in Dec quarter; revenue up 43%. Bengaluru-based realty firm Brigade Enterprises Ltd on Thursday reported a consolidated net profit of Rs 78.36 crore for the quarter ended December. The company had posted a net loss of Rs 16.12 crore in the year-ago period. Total income rose to Rs 933.19
Home First eyes 30% jump in loan sales at Rs 5,600 crore in FY22. Affordable housing-focused Home First Finance is bullish on the market and is on course to disburse 30 per cent more loans over the last fiscal to close this year
ICICI Bank raises stake in GIFT City clearing corp IICC to 9.9%. ICICI Bank said it has bought additional stake in India International Clearing Corporation (IICC) at IFSC in GIFT City for Rs 4.43 crore
ReNew Energy Global announces a share buyback worth 0 million. ReNew Energy Global (ReNew), the listed parent of Indian renewable energy company ReNew Power, has announced a share buyback worth 0 million just six months after getting listed on the Nasdaq index
Tyre companies urge govt to remove anti-dumping duties, curbs. The All India Tyres Federation on Thursday sought removal of anti-dumping duty on tyres and urged the government to lift import restrictions imposed after the Competition Commission of India's (CCI) order on domestic tyre manufacturers for indulging in pri
Tata Steel can acquire NINL without sacrificing rating headroom: S&P. Tata Steel's debt is expected to continue to decline over the next two years, despite the Rs 12,100 crore deployed for the acquisition of NINL
Cognizant Q4 results mark its return to double digit annual revenue growth. Cognizant also guided that for FY2022 it expects revenue growth to be in the range of 8.5 per cent to 11.5 per cent, which means revenue outlook of billion to .5 billion.
Headout raises an additional million in Series B financing round. The investment is led by existing investor Glade Brook Capital with the participation of existing investors Nexus Venture Partners, FJ Labs and 500 Startups, among others
Cognizant to hire 50,000 freshers in CY22; highest ever for the company. The company ended the year with a total headcount of 330,600, up 14 per cent year-on-year.
'Turning point' for Apple in India as iPhone sales rise 34% to record. Sales increased to 2.3 million units in the fourth quarter, up 34% from a year earlier, according to numbers from the market research firm Counterpoint
CoLearn raises additional mn in Series A follow-on funding round. The funding which brings CoLearn's funding total to million will be deployed to strengthen CoLearn's go-to-market strategy.
TCS to expand New Jersey operations; add 1,000 employees by 2023. Tata Consultancy Services said it will expand operations in New Jersey by hiring about 1,000 additional employees by 2023 to meet the growing needs of customers to digitally transform their businesses
Triveni Engineering Q3 profit rises 37%; revenue up at Rs 1,242 cr. Triveni Engineering and Industries Ltd has reported a 37% rise in its consolidated net profit to Rs 130.12 crore for the December 2021 quarter on higher revenue
Scrut raises mn in seed funding led by Lightspeed, Endiya Partners. Founded in 2021, Scrut's mission is to be a virtual Chief Information Security Officer (CISO), reducing the CTOs and compliance teams' effort in managing iInfosec compliance by ~70%
Future Retail's lenders call for its assets to be put up for auction. Supreme Court did not hand down any decisions on Thursday and said it will hear the matter again in due course
TCS to expand ops in New Jersey, hire 1K additional employees by 2023-end. TCS' Edison Business Center, one of 30 TCS facilities in the US, serves more than 100 customers in New Jersey.
Kia India crosses 100,000 cumulative export-mark in less than 2.5 years. Since the beginning of exports till January 2022, the company has shipped a total of 1,01,734 vehicles
Scatec and ACME put 0 million India solar development on hold. Scatec entered the Indian market last year by partnering with ACME to build the plant in the state of Rajasthan under a 25-year power purchase agreement with Solar Energy Corporation of India (SECI)
Tata Power to set up EV charging stations at vehicle zones of Apollo Tyres. Tata Power has partnered with Apollo Tyres to deploy electric vehicle charging stations at the latter's commercial and passenger vehicle zones across India. Tata Power and Apollo Tyres have announced a strategic partnership in this regard, a statement said
Godrej Properties logs nearly three-fold jump in Q3 profit at Rs 39 cr. Total income increased to Rs 466.91 crore in the quarter from Rs 311.12 crore in the corresponding period of the previous year, according to a regulatory filing
Zydus Q3 net down 5% to Rs 500 cr as sales dip in US and domestic markets. Revenue from operations nearly flat at Rs 3,655 crore in reporting quarter
Corporate rejig: Emami founders pave way for gen next to take over control. The company was founded in the mid-1970s in West Bengal when two close friends left their high profile corporate jobs to set up a cosmetic manufacturing unit in Kolkata
Titan Q3 net zooms 91% to Rs 1,004 cr, revenue up 37% on robust demand. Driven by festive purchases in October and November, the jewellery business registered an income of Rs 8,563 crore with 37% growth in Q3FY22
DLF eyes Rs 47,000 cr revenue from 35 mn sq ft new projects in medium term. Realty major DLF Ltd has revised upwards its sales revenue potential by 17 per cent to Rs 47,000 crore
Prepaid data hike in India slowed user growth, admits Facebook. In November, leading telecom players Bharti Airtel, Reliance Jio and Vodafone Idea increased prepaid tariff rates by up to 25 per cent
Kalyan Jewellers Q3 consolidated profit after tax up 16% at Rs 134 cr. Revenue from operations grew by 16.99 per cent to Rs 3,435.39 crore, compared to Rs 2,936.25 crore in the same period of the previous fiscal
Granules India gets USFDA approval for generic antidepressant drug. Drug firm Granules India on Thursday said it has received approval from the US health regulator to market Bupropion Hydrochloride extended-release tablets, an antidepressant medication, in the American market. Granules Pharmaceuticals, Inc (GPI), a wholly-
Adani Transmission net profit dips 40% to Rs 277 cr in Dec quarter. Adani Transmission on Thursday reported a 40 per cent decline in its consolidated net profit to Rs 277 crore for the December 2021 quarter. The company had reported a consolidated net profit of Rs 464 crore in the quarter ended December 31, 2020, according
Top headlines: Setback for FRL from lenders; Titan Q3 net zooms 91%. Business Standard brings you the top headlines on Thursday
GAIL reports highest quarterly net profit on natural gas price jump. While natural gas transmission volumes and profitability remained almost unchanged, the firm saw its profitability from the marketing of the fuel jump to Rs 1,749.71 crore in Q3
GoZero plans to invest million for expanding presence to North-East. British premium electric bike maker GoZero, which has partnered with Kolkata-based Kirti Solar for product development and manufacturing, on Thursday said it plans to invest USD 1 million to expand its presence to India's northeast market. GoZero, which ha
IEX power trade volume rises 16% to 8,652 million units in January. Overall, the Exchange achieved 16 per cent YoY (year-on-year) volume growth in across all its market segments during the month (January),' an IEX statement said
Sons rise in Emami, as founders turn mentors to pave way for next gen. Founders R S Agarwal and R S Goenka not to draw any emoluments for their new positions as chairman emeritus and non-executive chairman, respectively
Korean firm Krafton invests .4 mn in Indian gaming studio Nautilus. Nautilus currently boasts of more than 100 million downloads and 10 million monthly active users
MapmyIndia to acquire 9.9 pc stake in geospatial company Pupilmesh. Digital maps company CE Infosystem, which operates under the MapmyIndia brand, said it will acquire 9.9 per cent stake in geospatial company Pupilmesh Private Limited for about Rs 49 lakh.
Anil Agarwal weighs merger of holding company with cash-rich India unit. The businessman has held preliminary discussions with prospective advisers about the idea of combining Vedanta Resources Ltd. with Vedanta Ltd.
Tata Consumer Products' Q3 net profit jumps 22.2% to Rs 290 crore. Tata Consumer Products Ltd (TCPL) on Wednesday reported a 22.19 per cent jump in its consolidated net profit to Rs 290.07 crore for the third quarter ended December 31, 2021.
Mahindra Finance Q3 consolidated net at Rs 992 cr after year-ago loss. Sequentially, however, profit fell by 10% from Rs 1,103 crore
Zee Entertainment Q3 results: Consolidated PAT declines 25% to Rs 299 cr. Zee Entertainment Enterprise Ltd reported a consolidated net profit of Rs 298.98 crore for the third quarter ended December 2021.
At .65 bn, LIC 10th most valued insurance brand globally: Report. Life Insurance Corporation, which is bound for the nation's largest share sale by March, is the strongest and the largest brand in the country with a valuation of .656 billion
SJVN upscales power generation capacity target to 50,000 MW by 2040. State-run power producer SJVN Ltd on Wednesday announced that it has doubled its target of installed electricity generation capacity to 50,000 MW by 2040. Nand Lal Sharma, the Chairman & Managing Director of SJVN, in a statement said that SJVN has upgraded
Indian Overseas Bank's Q3 net profit more than doubles to Rs 454 cr. The bank, which came out of the RBI's prompt corrective action (PCA) framework in September 2021, is aiming the net profit to touch around Rs 1,600 crore in the current financial year
Gillette India posts 13.9% decline in profit to Rs 70.50 cr for Dec quarter. Shaving products maker Gillette India Ltd reported a 13.9 per cent decline in net profit to Rs 70.50 crore for the quarter ended in December 2021
HCC Group signs pact with Cube for sale of Baharampore-Farakka Highway. HCC Group said it has signed an agreement with Cube Highways to sell Baharampore-Farakka Highways Ltd (BFHL) at an enterprise value of Rs 1,279 crore.
Dhanuka Agritech Q3 profit up 6% at Rs 42.5 cr; revenue up 19% at Rs 364 cr. Agro-chemicals firm Dhanuka Agritech Ltd reported a six per cent increase in its consolidated net profit to Rs 42.51 crore for the quarter ended December.
CCI says SC dismissed tyre companies' appeals against its order. In August 2018, the watchdog had imposed a total fine of more than Rs 1,788 crore on Apollo Tyres, MRF, CEAT, Birla Tyres, JK Tyre and Industries and Automotive Tyre Manufacturers Association (ATMA)
HSBC Insurance intends to buy PNB stake in Canara HSBC OBC Life Insurance. HSBC Insurance (Asia Pacific) Holdings Ltd (INAH), one of the shareholders in Canara HSBC OBC Life Insurance Co Ltd, has expressed its intention to acquire PNB's stake in the insurance company
Govt raps Google, Twitter and Facebook over fake news: Report. The I&B ministry did not respond to a request for comment on the meeting, which was also attended by Indian content-sharing platforms ShareChat and Koo, which have millions of users in the country
Zydus Cadila starts supply of Covid-19 vaccine ZyCoV-D to govt. ZyCoV-D is a three-dose vaccine administered intradermally
IOB Q3 net profit goes up by 113% as provisions decline sharply. The public sector lender's net interest margin declined to 2.4 per cent in Q3FY22 from 2.45 per cent in Q3FY21
For the masses: Google parent Alphabet offers 20-for-1 stock split. Google-owner's sales and profit top analysts' projections for holiday quarter
CNN's Zucker resigns after acknowledging relationship with co-worker. CNN President Jeff Zucker resigned abruptly on Wednesday after acknowledging a "consensual relationship" with a co-worker at the leading cable news network
S&P downgrades Future Retail to 'D' after company fails to clear dues. Future Retail Ltd failed to make the principal payments due on its restructured domestic bank borrowings on December 31, 2021.
Sundar Pichai weighs in on Web3, says he's 'looking at blockchain'. Pichai made his comments after Alphabet posted more than billion in profit during the holiday quarter from its stable of web properties
India important mkt; drives significant value for global customers: Kyndryl. Kyndryl, which was spun off from IBM as an independent company, is betting on India as one of its key markets for growth on the back of a strong talent pool and value-driven for its global customers. Speaking to PTI, Kyndryl India President Lingraju Sawkar
Google to build more products in India for the world: Sundar Pichai. 'It is a reflection of our confidence in the future of India, its digital economy, our desire to build products there, which we think will help us globally,' Pichai said
HDFC Q3 results: Net profit rises 11% to Rs 3,261 cr. Net interest income rose 5% to Rs 4,284 cr
'Domestic 2-wheeler sales dip 21% in Jan; recovery likely in coming months'. The low year-on-year sales volume in January highlights the adverse impact of price hikes, fuel inflation, and Omicron-related concerns on consumer sentiments, says ICRA
Tata Sons excited to work together to make AI airline of choice: Ratan Tata. Tata Group is excited to work together to make Air India, airline of choice in terms of passenger comfort and service'. This is an audio message from Ratan Tata played onboard some Air India flights
Zydus Wellness Q3 net profit jumps over 1,200% YoY to Rs 23 crore. The company reported consolidated net sales of Rs 384.9 crore, a growth of 2.3%; Five key brands maintained leadership positions in respective categories
Adani Green Energy net up 20% to Rs 49 cr in December quarter. The company had reported a consolidated net profit of Rs 41 crore in the quarter ended on December 31, 2020, a BSE filing stated
BigBasket establishes presence in 18 tier-2 and 3 cities across India. The expansion of BigBasket's coverage is also taking place in the form of Fresho stores, the physical retail outlets established by the company
HDFC Ltd's Q3 net up 11% YoY to Rs 3,261 cr, beats street estimates. Higher income and lower-than-expected credit loss cited for better show; NII up 7% to Rs 4,284 crore
Jubilant FoodWorks Q3 net rises 7.5% to Rs 133 cr; board OKs stock split. The board of directors has approved and recommended for approval of shareholders, the sub-division of equity shares from face value of Rs 10 each to face value of Rs 2 each
Maruti Suzuki reports marginal increase in production in January. The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has witnessed a marginal increase in production last month. In a regulatory filing, the auto major reported a total production of 1,61,383 units in last month as compared to 1,60
Dabur Q3 net profit rises 2% to Rs 504 cr, net sales up 8% at Rs 2,942 cr. The company had posted a consolidated net profit of Rs 493.50 crore in the October-December quarter a year ago, Dabur India said in a BSE filing
Top headlines: Budget 2022 sparks concerns on inflation; HDFC Q3 net up 11%. Business Standard brings you the top headlines on Wednesday
NMDC iron ore output grows 28% to 33 MT in Apr-Jan; sales jump 25%. State-owned NMDC on Tuesday said its iron ore production surged over 28 per cent to 32.88 million tonnes (MT) in April-January 2021-22. The company's iron ore output was 25.66 MT in the same period last fiscal, NMDC said in a regulatory filing. In January
Google-backed Dotpe adds 55,000 merchants across country in past 20 days. Has not only managed triple-digit growth, but its retail merchants have clocked 139% spurt in orders; firm has already onboarded 7.5 million retailers across tier-1, 2 and 3 cities
CCI approves acquisition of equity in Escorts by Kubota Corporation. The transaction involves Kubota's acquisition of certain additional equity shares of Escorts by way of preferential allotment
BPCL says no bidder visits in Q3, privatisation may be pushed to FY23. Govt is selling its entire 52.98% stake in BPCL for which three EoIs, including one from billionaire Anil Agarwal-led Vedanta Group, have been received
TVS Motor Company registers sales of 266,788 units in January 2022. The Company's total exports registered sales of 97,858 units in January 2022 as against sales of 100,926 units in the month of January 2021
Indian Hotels reports consolidated net profit of Rs 95.96 cr in Dec qtr. Tata group hospitality firm Indian Hotels Co Ltd (IHCL) on Tuesday reported a consolidated net profit of Rs 95.96 crore for the third quarter ended December 31, 2021. The company had posted a consolidated net loss of Rs 133.22 crore in the same period last
Adani Ports Q3 net profit declines 6% to Rs 1,478.76 cr, revenue flat. Its total consolidated income increased to Rs 4,422.73 cr in the latest December quarter from Rs 4,274.79 cre in the year-ago period
Motorcycle maker Royal Enfield reports 15% drop in wholesales in January. Mid-sized motorcycle maker Royal Enfield, a part of Eicher Motors, reported a 15 per cent decline in total wholesales at 58,838 units in January this year.
Trai recommendation on 5G spectrum by March: Telecom Minister. The telecom minister Ashwani Vaishnaw on Tuesday said that the Telecom Regulatory Authority of India's recommendation on 5G spectrum is expected to come by March
Latest stock market News for tomorrow Access previous news reports: 963964965966967968969970971972973974975976977978979980981
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