NSE share market NEWS tomorrow (25 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (25 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 January 2022
Abb Power was amongst the top gainers, currently trading at 3184.80 in NSE with 1.267 times change in volumes and 9.408% change in price. Other gainers included Solar Industries with 7.104% price change and 1.477 times volumes, Maruti Suzuki with 6.834% price change and 1.875 times volumes, Axis Bank with 6.756% price change and 4.322 times volumes, and Bank Baroda with 6.371% price change and 1.168 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.
Apl Apollo was amongst the top losers, currently trading at 861.90 in NSE with 1.314 times change in volumes and -8.196% change in price. Other losers included Pnb Housing with -4.791% price change and 2.445 times volumes, Fsn E with -4.338% price change and 0.951 times volumes, Supreme Industries with -3.859% price change and 1.945 times volumes, and Trent with -3.797% price change and 0.885 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.
Pidilite Industries' net profit falls 19.5% to Rs 359.2 cr in Dec quarter. Pidilite Industries, a leading manufacturer of adhesives, sealants and construction chemicals, on Tuesday reported a 19.5 per cent decline in its consolidated net profit to Rs 359.24 crore for the third quarter ended December 2021. The company had posted a
M&M top brass promises urgent remedial action in farmer humiliation row. Top brass of Mahindra & Mahindra Ltd on Tuesday promised urgent remedial action a day after it emerged that a farmer, who came to buy a pick-up truck of the company, was allegedly insulted by a sales staff at a showroom in Karnataka. A video of the inciden
United Spirits Q3 profit up 27% to Rs 291 cr; net sales up 7.6%. Diageo-controlled liquor maker United Spirits Ltd on Tuesday reported a 26.62 per cent increase in consolidated net profit at Rs 291.1 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 229.9 crore in the October-Dec
Maruti Suzuki's shares jump over 7% as firm beats estimates in Q3. Shares of Maruti Suzuki India on Tuesday jumped over 7 per cent even as the company reported a 47.82 per cent decline in consolidated net profit in the third quarter ended December 2021. The stock rallied 6.88 per cent to settle at Rs 8,600.60 on BSE. Duri
Sterlite Technologies bags around Rs 170 crore deal from Power Grid. The company said it has already been supplying optical fibre cables and has developed a communication network for Power Grid Corporation of India Ltd
Torrent Pharma net profit drops 16% to Rs 249 crore in third quarter. The company's revenue from operations in the third quarter stood at Rs 2,108 crore as compared to Rs 1,995 crore in the same period of previous fiscal
Air India pilots warn legal action on dues two days before Tata handover. The development comes two days before the handover of the airline to Tata group
LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO. The government is expected to mop up around Rs 1 trillion from LIC's IPO
2021 sees 22% jump in advertising volumes after pandemic-hit 2020. After getting impacted by the onset of COVID-19, television advertising bounced back in 2021, with a 22 per cent jump in the overall volumes at 1,824 million seconds, as per a report. When compared with the pre-pandemic 2019, the overall advertising volume
Amin Lakhani elevated as CEO Mindshare, Parthasarathy Mandayam CSO GroupM. Amin and Maps will continue to drive growth and transformation agenda for clients and internal stakeholders, says GroupM
Cipla Q3 PAT dips 2.6% at Rs 729 crore. Drug major Cipla on Tuesday reported a 2.6 per cent decline in its consolidated profit after tax to Rs 729 crore for the third quarter ended on December 31, 2021. The Mumbai-based company had posted a consolidated profit after tax (PAT) of Rs 748 crore in
Maruti Suzuki Q3 results: Net profit skids 48% on global chip shortage. Expects no demand let-up; targets production ramp-up in Q4
Ola Electric CEO Bhavish Aggarwal hints at electric car launch soon. Ola Electric is likely working on an electric car as its CEO and Founder Bhavish Aggarwal has dropped hints of the company's prospective entry into the sector.
Consumer goods giant Unilever cutting 1,500 management jobs. Unilever, which makes Vaseline skin care products and Ben & Jerry's ice cream, says it's laying off 1,500 staff as part of a company-wide restructuring. The proposed changes mean that senior management jobs will be cut by about 15 per cent while junior man
Food delivery startup RailRestro sees 50% decline in sales amid Covid surge. The IRCTC-authorised food partner has termed the present crisis as a "blip"
Realty firm Macrotech Developers Q3 profit up 24% at Rs 286 crore. Realty firm Macrotech Developers on Tuesday reported a 24 per cent increase in its consolidated net profit to Rs 286.38 crore for the quarter ended December on higher sales.
Raymond Q3 net profit at Rs 101.07 crore, income rises 48.25%. Raymond Ltd on Tuesday reported a multifold jump in its net profit to Rs 101.07 crore for the third quarter ended in December 2021. The company had posted a net profit of Rs 22.18 crore during the October-December of the previous fiscal, Raymond said in a
Bhavish Aggarwal-led Ola Electric starts work on building electric cars. According to sources, the SoftBank-backed company is gearing up to launch its electric car by 2024
RPG Life Sciences net profit rises 14% at Rs 15 crore in third quarter. RPG Life Sciences said its net profit increased 14 per cent to Rs 14.63 crore for the third quarter ended December 31, 2021.
Cosmo Films Q3 net profit rises 66% to Rs 104.4 crore; revenue up 35%. In a separate filing, Cosmo Films said its board on Tuesday declared a second interim dividend of 100 per cent, or Rs 10 per equity share
Uttam Galva Steels net loss soars to Rs 59 crore in December quarter. Uttam Galva Steels Limited posted a consolidated net loss of Rs 59.64 crore during the third quarter ended on December 31, 2021.
Aavishkaar Capital, KfW launch 0 million ESG First Fund. The fund will focus on strengthening the Environmental, Social and Governance (ESG) practices of mid-cap businesses
Max India reports Rs 5.7 crore consolidated net loss in December quarter. Total income rose to Rs 42.83 crore in the third quarter of this fiscal from Rs 34.20 crore in the corresponding period of the previous year
Adani Wilmar raises Rs 940 crore from anchor investors ahead of IPO. Adani Wilmar Ltd said it has garnered Rs 940 crore from anchor investors, days before its IPO roll-out
Inox Wind Energy gets shareholders' nod to raise up to Rs 90 crore. Inox Wind Energy on Tuesday said it has got shareholders' approval to raise up to Rs 90 crore through issuance of 10.62 lakh convertible warrants. The approval was received at its Extraordinary General Meeting (EGM) on Tuesday. The convertible warrants wil
Indiabulls Real Estate reports Rs 87 crore loss in December quarter. Indiabulls Real Estate Ltd (IBREL) reported a consolidated net loss of Rs 87.21 crore for the quarter ended December.
Finolex Industries' net profit declines 30.5% to Rs 178 cr in Dec quarter. Finolex Industries reported a massive 30.5 per cent decline in net income to Rs 1,177.8 crore for the three months to December 2021 from Rs 255.9 crore a year ago
GE T&D India to sell global engineering biz to GEIIPL for Rs 140 crore. GE T&D India Ltd board has approved a proposal to sell its Global Engineering Operations Division (GEOD Business) to GE India Industrial Private Ltd (GEIIPL) via a slump sale for a cash consideration of Rs 140.6 crore. "The company has, in the meeting of i
HUL says India continues to be among top 3 priority markets for Unilever. Hindustan Unilever said India continues to be among the top three priority markets for its parent Unilever, which has announced an organisational restructuring
JSW Steel plans to spend more than billion on cutting emissions. JSW aims to reduce carbon dioxide emissions to 1.95 tonnes for every tonne of steel produced by 2030 from 2.52 tonnes last year
Why has Netflix not been able to crack the Indian market?. Netflix Chairman Reed Hastings recently expressed 'frustration' over the company's lack of success in the Indian market. What prompted Hastings to make such a statement? Let's find out in this report
Hyundai Motor's Q4 profit almost halves amid rising prices of raw materials. Analysts warn that soaring prices of raw materials, component shortages and logistical bottlenecks caused by the Covid-19 pandemic are likely to further drive up costs in the current quarter
Airtel commissions 21-MW solar power unit in Maharashtra. The company expects the solar-powered unit to reduce 25,517 tonnes in carbon emissions annually
FRL launches SC challenge against own lenders to avoid a defaulter tag. Earlier this month, Future Retail had said it had missed the due date for the payment of Rs 3,494.56 cr to banks and lenders as it could not sell assets due to its ongoing litigation with Amazon
Sequoia Capital India Surge programme has 20 start-ups in sixth version. As many as 246 founders from 112 start-ups across more than 15 sectors to take part in event.
SC agrees to hear SpiceJet dues dispute on Friday. Credit Suisse moved a winding up petition before the company court claiming that SpiceJet was indebted to it for more than mn
Federal Bank's Q3 net profit rises 29% to Rs 522 cr on lower provisions. Net interest income rose by 7% to Rs 1,539 cr
Maruti Suzuki Q3 net profit falls 48% to Rs 1,011 cr, but beats estimates. The carmaker said it had more than 240,000 pending customer orders at the end of the third quarter
FRL's independent directors accept Reliance's bailout offer, reject Amazon. Independent directors of Kishore Biyani-led Future Retail Limited told Amazon its offer to provide Rs 3,500-cr funding was 'a game of smoke and mirrors'
Amid supply chain issues, Xiaomi loses 8% share in India over last 2 years. The company, which has maintained top position in the smartphone shipments in India for 17 consecutive quarters, is losing market share here amid rising competition and supply chain constraints
Akasa Air take off likely in late May or early June: CEO Vinay Dube. Seeking to further democratise air travel with dependable and affordable services, Akasa Air likely to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April.
Smartron Group secures up to 0mn capital commitment from GEM Group. Smartron has signed an agreement with Global Emerging Markets Group (GEM), wherein the alternative investment organisation will provide a share subscription facility of up to USD 200 million
Working with AWS to meet growing demand for online learning: upGrad. upGrad has moved the vast majority of its IT infrastructure to AWS, a move that has helped the higher education technology provider rapidly scale to meet the burgeoning demand for online education
'Completed all steps of retro tax repeal law, entitled to Rs 8k-cr refund'. 'Company has concluded all necessary steps under the rules of the India Taxation (Amendment) Act 2021 required for payment by Govt of India of a tax refund of approximately Rs 7,900 cr,' says Cairn
BPCL to invest Rs 10,000 cr in six new city gas licences in next 5 years. BPCL on Tuesday said it will invest Rs 10,000 crore over the next five years in setting up city gas distribution networks in the cities for which it secured licences in the latest bidding round.
Indegene expands global ops with new nearshore centres in Americas, Europe. Bengaluru-based Indegene's new global development centers in Mexico, Poland and Ukraine build on the firm's capabilities, support life sciences organisations nearshore and ensure business continuity
IPO-bound LIC's H1FY22 profit after tax surges to Rs 1,437 crore. Its new business premium growth rate stood at 554.1 per cent in H1FY22
Top headlines: FRL turns down Amazon bailout offer; Maruti Q3 net falls 48%. Business Standard brings you the top headlines on Tuesday
Komaki Electric Vehicles launches motorcycle and scooter models. Komaki Electric Vehicles announced the launch of its first battery-powered cruiser motorcycle Ranger and e-scooter Venice in the domestic market
Zensar Technologies posts 8% dip in net at Rs 91 crore in December quarter. Zensar Technologies said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter.
Supreme Industries Q3 net profit down 21.3% to Rs 245.72 crore. The company had posted a net profit of Rs 312.28 crore during the October-December quarter of the previous fiscal
Sebi bans 14 entities in Lux Industries insider trading case. Those banned by Sebi include Udit Todi, the son of the managing director of Lux, and is currently holding the post of executive director in the company
Deepak Nitrite Q3 consolidated net profit up 12% at Rs 242.46 crore. The company posted a net profit of Rs 242.46 crore for the quarter against Rs 216.56 crore in the year-ago quarter
Reliance Industries shares tumble 4%; mcap tanks by Rs 68,404 crore. Shares of Reliance Industries Ltd on Monday declined 4 per cent amid profit-taking in line with an overall weak trend in the equity market.
Health and travel platform Hospals raises .5 mn in pre-series A round. The startup has already served over 22,000 patients from 38 countries to get medical advice, teleconsults and surgical treatments across over a hundred hospitals in its network
Shriram Transport Finance Co's Q3 net profit dips 6% to Rs 681 crore. Revenue from operations during the quarter under review was up 6% to Rs 4,661 crore
Adani Wilmar to use Rs 450 cr from IPO proceeds to tap inorganic growth. FMCG major Adani Wilmar has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business.
Apollo Hospitals, Cleveland Clinic tie up for global second opinion service. Under this programme, Apollo's doctors will be able to collaborate with top medical experts at Cleveland Clinic to review complex cases and devise the most suitable treatment plan
SBI Card Q3 net profit surges 84% to Rs 386 cr on higher card spends. SBI Cards and Payment Services on Monday reported 84 per cent jump in net profit at Rs 386 crore for December quarter 2021-22 on the back of healthy card spends, fall in bad loans and higher income
Won't wait 2 years, tariff hike likely in 2022: Vodafone Idea CEO. Aim to conclude fundraising exercise this financial year, says Ravinder Takkar
Dental care startup Smikes nets mn from Alpha Wave, Sequoia, Chiratae. Dental care startup Smiles.ai has raised USD 23 million (around Rs 172 crore) in Series A funding led by Alpha Wave Incubation that is managed by Falcon Edge Capital, and with strong participation from existing investors Sequoia Capital India and Chiratae
Airtel board to decide on fund raising via preferential route on Friday. The plan comes ahead of proposed 5G spectrum auction and is the second such exercise in three months. Last October the firm raised about Rs 21,000 cr via a rights issue
IEX Q3 net profit rises 39% to Rs 80 crore on higher revenues. Indian Energy Exchange posted nearly 39 per cent rise in consolidated net profit to Rs 80.73 crore in the December quarter mainly on the back of higher revenues.
Axis Bank Q3 net up 224% to Rs 3,614 cr on better interest margins. Net Interest Income rose 17% YoY basis to Rs 8,653 crore in Q3FY22. Sequentially, it was up 10%
Cera Sanitaryware Q3 consolidated net profit up 46% at Rs 45 crore. The company had logged a net profit of Rs 30.68 crore in the year-ago period
Burger King Q3 net loss narrows to Rs 15 crore, revenue rises 71.5%. Total expenses were at Rs 298.23 crore, up 45.56% from Rs 204.89 crore in the year-ago period
'We are adequately capitalised': Zomato CEO to employees amid market fall. Goyal said that the fall in market was due to the global sell-off in growth tech stocks
Quick Heal net profit grows 6% to Rs 14 crore in December quarter. Security software provider Quick Heal Technologies on Monday said its consolidated net profit grew 6.1 per cent to Rs 14.3 crore in December quarter 2021. The company had posted a net profit of Rs 13.5 crore in the year-ago period, Quick Heal said in a reg
Advent buys controlling stake in deal valuing Avra Labs at 0 million. Global private equity fund Advent International said it will be acquiring a controlling stake in pharma sector-focused Avra Laboratories
Meesho to hire over 450 people this year to scale technology team. Digital commerce platform Meesho said it aims to onboard more than 450 people this year to strengthen its technology team.
Shriram Transport Finance Q3 net down 6.47% to Rs 680.62 crore. Non-bank financing company Shriram Transport Finance Company (STFC) on Monday reported a 6.47 per cent decline in standalone profit after tax at Rs 680.62 crore in the quarter ended December 2021
Go First airline's official Twitter handle hacked, says report. A company spokesperson said that the concerned teams are investigating the matter
Markets regulator Sebi proposes framework to regulate ESG rating providers. Sebi has proposed that Credit Rating Agencies and research analysts with a minimum net worth of Rs 10 crore would be eligible to be accredited as a ESG Rating Provider
B2B e-commerce firm Indiamart Intermesh posts 12% decline in Q3 net profit. B2B e-commerce firm Indiamart Intermesh on Monday posted a 12.4 per cent decline in consolidated net profit to Rs 70.2 crore in the December 2021 quarter. The company had registered a net profit of Rs 80.2 crore in the corresponding period of the last fisc
Two-wheeler maker Hero MotoCorp to invest up to Rs 700 cr in Hero FinCorp. The country's largest two-wheeler maker Hero MotoCorp on Monday said its board has approved to invest up to Rs 700 crore in Hero FinCorp Ltd (HFCL).
AGI Glaspac opens Rs 400 crore manufacturing unit in Telangana. AGI Glaspac, which is among the largest container glass bottle manufacturers, has commissioned its speciality glass manufacturing unit at Bhongir in Telangana at an investment of Rs 400 crore
Amazon's offer legally invalid, can't accept: FRL independent directors. Independent directors of Future Retail have turned down Amazon's offer of financial support to the company through a deal with private equity firm Samara Capital
SBI Cards net profit rises 84% to Rs 386 crore in December quarter. Its interest income rose by 9 per cent year-on-year to Rs 1,273 crore
Traders' body CAIT moves CCI against Amazon deal with More Retail. Traders' body CAIT on Monday filed a complaint with the Competition Commission of India against Amazon accusing the e-commerce major of committing a fraud while seeking approval for the takeover of More Retail's stores in India. The Confederation of All In
Microsoft's plunge into the world of gaming. Microsoft took over gaming giant Activision Blizzard to provide 'building blocks for the metaverse'. But with metaverse still a distant dream, what is behind its plunge into the world of gaming?
Thibault Cuny on his India-strategy in an evolving alco-bev market. In a chat with Business Standard's Surajeet Das Gupta, French distiller Pernod Ricard's South Asia chief Thibault Cuny talks about his India-strategy and the customer experience he wants to drive in
Ola Electric raises 0 mn in funding at a valuation of billion. In September last year, Ola Electric had announced raising a similar amount in funding from Falcon Edge, Softbank and others that had valued the company at billion
Indian engineering firm Cyient plans to sell stake in underperforming units. 'We are aggressively considering what makes sense in our portfolio,' Cyient Managing Director Krishna Bodanapu said
Tata Technologies plans to hire 3,000 innovators in next 12 months. The company plans to ramp up its workforce in all major markets globally and India, which includes Maharashtra, Karnataka, Tamil Nadu, among others
SC asks DMRC, Reliance Infra's DAMEPL to appear before Delhi HC on Jan 31. This is in connection to the dispute relating to execution of the over Rs 4,600 crore arbitral award to DAMEPL
Blue-collar jobs platform Qjobs gets 2 mn job applications in a year. Company says it added the latest 1 million job seekers in a record time of 100 days
Swiggy raises 0 mn in new funding round led by Invesco. The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.
Apple to no longer include EarPods with iPhones sold in France. Apple will no longer include EarPods with every iPhone sold in France.
Swiggy becomes decacorn, valuation crosses .7 bn in new funding round. The food delivery giant's valuation has almost doubled to .7 bn, making it India's second most valuable startup after edtech giant Byju's, which is currently valued at billion
Subsidies, tax rebates critical for faster adoption of EVs: Ather Energy. Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Monday said subsidies and tax rebates under the FAME II policy are extremely important to push for faster adoption of electric vehicles.
Tube Investments to buy 70% stake in e-tractor co Cellestial for Rs 161 cr. The Murugappa group firm will form separate EV subsidiary, infuse Rs 350 cr
Chennai-based Data Patterns wins Rs 27 cr DRDO order for e-warfare units. The order is for a new programme that will allow next-generation wideband EW receivers to be configured for naval, land and aerial platforms
Axis Bank Q3 results: Net profit soars 224% to Rs 3,614 cr. The bank's net interest income grew 17% YOY to Rs 8,653 cr; asset quality improves
Bhavish Aggarwal-led Ola Electric valuation tops bn with 0 mn funding. Last October, Ola Electric raised over 0 million, tripling its valuation to billion
Reliance Industries expects bumper profits from global gas crunch. The conglomerate expects India in April to raise the price cap for its offshore gas sales by nearly 60% to around per million British thermal units
Flipkart Grocery expands its service to 1,800 cities across the country. Move seen helping Walmart-owned Flipkart take on rivals Amazon, Reliance's JioMart and Tata-backed BigBasket to tap grocery market which is expected to be worth 0 bn by 2025
Top headlines: Swiggy becomes decacorn; Axis Bank's Q3 net profit surges. Business Standard brings you the top headlines on Monday
Adani to invest Rs 4,600 crore in two data centre projects in Uttar Pradesh. UP has so far garnered investment of nearly Rs 18,000 crore in the high technology landscape of data centres, a minister said
CEO Parag Agrawal shakes up Twitter security team; 2 senior execs leave. Staff changes follow 'assessment of how the organization was being led,' according to a memo from the new CEO.
Germany's Lufthansa to buy 40% stake in Alitalia's successor ITA: Report. Germany's Lufthansa is set to buy a 40% stake in state-owned Alitalia's successor ITA Airways and a deal could be unveiled next week
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