NSE share market NEWS tomorrow (20 January, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 January, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 January 2022
Tata Elxsi was amongst the top gainers, currently trading at 7430.45 in NSE with 0.762 times change in volumes and 6.495% change in price. Other gainers included Cholamandalam Investment with 6.053% price change and 3.943 times volumes, Bharat Dynamics with 5.89% price change and 9.278 times volumes, Power Grid with 4.886% price change and 2.198 times volumes, and Suzlon Energy with 4.741% price change and 0.98 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.
Oracle Financial was amongst the top losers, currently trading at 3698.65 in NSE with 5.652 times change in volumes and -7.445% change in price. Other losers included Bajaj Finserv with -4.527% price change and 1.564 times volumes, Bajaj Auto with -3.726% price change and 1.26 times volumes, Godrej Consumer with -3.712% price change and 0.85 times volumes, and Divi S with -3.386% price change and 2.205 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.
NCLAT okays ArcelorMittal resolution plan for Odisha Slurry Pipeline Infra. Tribunal dismissing a raft of appeals including those filed by SREI entities
Apollo Hospitals gains on Nifty 50 inclusion hopes, ends nearly 3% up. Analysts tracking index composition say Apollo Hospitals will replace Indian Oil; official announcement expected by Feb third week, changes will become effective on March 31
Air India resumes US flights following Boeing clearance on 5G impact. Flight to New York departs Thursday morning, those to Chicago and San Francisco from Delhi in the afternoon
Insolvency: Videocon lenders invite fresh expressions of interest by Feb 2. This, after the insolvency appellate tribunal rejected the approval of Rs 2,692 crore bid by Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies earlier this month
OPEC's share of Indian oil imports falls to lowest in at least 15 years. NEW DELHI (Reuters) - OPEC's share of Indian oil imports fell in 2021 to the lowest in more than a decade despite a 4% rebound in annual crude purchases by the world's third biggest oil importer, data obtained from industry sources showed.
PTC India Fin trashes charges, says following best governance practices. Stock tanks 18.3% as independent directors resign
PNB Housing Q3 net profit falls 19%, asset quality deteriorates. PNB Housing's gross non performing assets rose to 7.64% in Oct-Dec, 2021 as compared to 5.94% a quarter ago
77% cos believe startups aiding employment scenario in India: Report. A survey has revealed that 77 per cent of respondents believe these new-age firms have a positive role in boosting the employment scenario in the country.
Hero MotoCorp commences bookings for next lot of XPulse 200 4 Valve. The company has started accepting bookings for the second batch after the first lot was completely sold out
Partner earnings rise 11% q-o-q, says Urban Company's earnings index for Q3. Urban Company partners earned an average of Rs 297 per hour, net of commissions, fee and all associated product and travel costs.
Emcure Pharma's Rs 5,000-crore IPO to hit market early next month. Emcure Pharmaceuticals has received regulatory approvals for its draft red herring prospectus and will shortly be filing the RHP for the Rs 5,000-crore initial share sale, which will hit the market soon after the Budget, according to merchant banking sour
Jio, Estonia's University of Oulu sign pact for collaboration on 6G tech. Jio Platforms is the parent of telecom player Reliance Jio
WNS Holdings net profit rises 10.6% to .3 million in third quarter. Despite the ongoing pandemic-related volatility and pressure associated with tight global labour markets, WNS continues to perform well and deliver solid financial results, a company official said
PNB Housing Fin Q3 net down 19% to Rs 188 crore on shrinking NII. Loan book shrinks as well; CFO resigns
Crypto platform Stader Labs raises .5 mn on 0 mn valuation. The sale was led by Three Arrows Capital with participation from Blockchain.com, Accomplice, and a clutch of other institutional and angel investors
HUL Q3 surpasses estimates even as rural growth remains impacted. Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high
Havells net profit down 12.7% to Rs 305.82 crore in third quarter. The company had posted a consolidated net profit of Rs 350.14 crore in the October-December quarter a year ago
Walmart invites Indian sellers to join its US marketplace. India is already one of the top sourcing markets for Walmart and the retail major has set an ambitious goal of exporting USD 10 billion from India each year by 2027
Stader Labs nets .5 million led by Three Arrows Capital, others. The Bengaluru-based startup is a non-custodial, smart contract-based staking platform that helps retail and institutions discover and access staking solutions
Biocon consolidated net profit rises 18% to Rs 220 crore in Q3. Biosimilars vertical clocked revenue of Rs 981.4 crore as compared to Rs 768.9 crore in the same quarter last fiscal
Asian Paints profit down 18% in Q3 as higher input costs hurt margins. The cost of raw material consumed in the quarter was up 41.4 per cent at Rs 4,084.5 crore compared to last year
Persistent Systems net profit rises 45.9% at Rs 176.4 crore in Q3. The company also announced the appointment of Avani Davda to Persistent's Board of Directors and continued to add executives to its leadership team
Sequoia Capital India expands West Asia foray with debut deal. Sequoia Capital India has made its first investment in the Persian Gulf region
Future mulls Supreme Court bid to avoid being named a defaulter. Future told Indian exchanges this month it was unable to pay 35 billion rupees (0 million) it owed to its lenders on Dec
Momentum in India's favour, need to prevail over Covid: Deloitte CEO. India needs to continue creating an environment of being an attractive destination for foreign investment and also ensure its fight against Covid is successful, Deloitte CEO Punit Renjen said
United Airlines cuts capacity forecast, flags cost pressure amid Omicron. United Airlines Holdings trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss
SaaS Labs raises mn in series B funding led by Sequoia Capital. The round also saw participation from prominent Silicon Valley angel investors such as Amit Agarwal, Allison Pickens, Anand Chandrasekaran, and Michael Stoppelman
Glenmark Pharma inks exclusive licensing agreement with Lotus International. Glenmark Pharmaceuticals Ltd on Thursday said its Swiss arm has entered into an exclusive licensing agreement with Lotus International Pte Ltd
Telenor partners with Amazon to modernise systems, offer services. Norway's Telenor said it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its telecoms systems
New Apple iPhones, Samsung devices get faster 5G access in US. Telecom operators Verizon and AT&T have kicked off the 5G era for the latest Apple and Samsung smartphone users in the US amid airline cancellations and an ongoing tussle with the US Federal Aviation Administration (FAA).
ReNew Power joins hands with Fluence to offer energy storage solutions. The 50:50 JV will target the country's storage market, which is estimated to grow to 27 GW by 2030
Zydus gets final USFDA nod to market generic version of Vigabatrin tablets. Cadila Healthcare said group firm Zydus has received final approval from the US health regulator to market its generic version of Vigabatrin tablets
Bunge to pick 33% stake in UPL's associate firm Sinagro in Brazil. Global agri-trade firm Bunge will acquire a 33% stake in Brazil-based Sinagro, an associate company of India's leading agrochemical firm UPL Ltd
Beauty care company Lotus Herbals acquires 25% stake in Conscious Chemist. Natural beauty care company Lotus Herbals on Thursday said it has acquired a 25 per cent stake in direct-to-consumer brand Conscious Chemist. Conscious Chemist is a new-age clean beauty brand operating in the skincare category. The company, however, did no
Convergence Energy Services floats biggest ever tender for electric buses. Aims to deploy 5450 single decker buses and 130 double decker buses through the scheme
Asian Paints Q3 results: Net profit falls 18% to Rs 1,016 cr. However, consolidated revenue from operations rises 26% to Rs 8,527 cr
Jalan-Kalrock consortium asked to share resolution plan with Jet's workmen. The Association of Aggrieved Workmen of Jet Airways (India) Ltd had sought a copy of the approved resolution plan and the latest direction from NCLAT has come on a plea filed by the association
Bank of Maharashtra Q3 net doubles to Rs 325 cr on robust NII. Lender plans equity issue of Rs 500-750 cr in current quarter
Walmart invites Indian sellers to expand overseas via its US marketplace. India is already one of Walmart's top sourcing markets, and the company has set an ambitious goal of exporting billion from India each year by 2027.
HUL Q3 results: Net profit rises 17% to Rs 2,243 cr. In the near-term, operating environment will continue to remain challenging, says HUL CMD
Over 75% HNIs want to buy over Rs 5 cr properties in 2 years: Survey. Around 75 per cent wealthy people will look to buy luxury properties, worth more than Rs 5 crore, over the next two years in big cities as well as holiday destinations, according to a survey. India Sotheby's International Realty, one of the leading brokera
Larsen & Toubro dispatches six of world's largest coke drums to Mexico. Larsen & Toubro (L&T) on Thursday said its heavy engineering arm has dispatched six of the world's largest coke drums to Mexico. These coke drums were successfully manufactured during the COVID-19 pandemic at L&T's state-of-the-art Heavy Engineering Comple
Chingari's native crypto token sees 0 mn of trading volume in a day. The market capitalisation of the token currently is million.
Natco Pharma signs agreement with MPP to sell Molnupiravir capsules. Natco Pharma Ltd on Thursday said it has signed a non-exclusive license agreement with the Medicines Patent Pool (MPP), Switzerland to manufacture and sell Molnupiravir capsules 200 mg for treatment of COVID-19. MPP had taken licence from Merck Sharp & Doh
M2P Fintech raises mn led by Insight Partners, eyes global expansion. The company has raised more than 0 million in the past year
Top headlines: HUL Q3 net rises 17%; Ind-Ra sees FY23 GDP growth at 7.6%. Business Standard brings you the top headlines on Thursday
PC, laptop demand on the rise but chip shortage a cause of concern, says HP. The massive 50% surge comes from additional requirements for online learning and WFH; however, demand outstrips actual growth due to chip crunch
Bajaj Finserv consolidated PAT slips 2.63% to Rs 1,256 cr in Q3. The company's consolidated total income stood at Rs 17,620 crore in the latest December quarter compared to Rs 15,961 crore in the year-ago period
Vedanta to create -bn fund to bid for BPCL stake, other assets: Chairman. The fund will be made up of its own resources and outside investment, Agarwal said, adding that it may also finance the BPCL acquisition through debt
Three independent directors of PTC India Financial Services resign. On January 10, the company secretary informed that Rantesh has re-joined NTPC
Reliance Jio beats BSNL, takes top spot in fixed broadband services. Jio's rise to number one in the segment is within two years of its commercial launch
Bajaj Housing Fin to raise Rs 3,000 crore via non-convertible debentures. Its overall borrowings stood at Rs 39,128 core, and the mix was 62:38 between banks and markets in September 2021
JSW Ispat Special Products posts Rs 28 crore net loss in Dec quarter. It had reported a net profit of Rs 29.49 crore in the year-ago quarter
Facebook critics call for release of India human rights impact review. Facebook critics called on the world's largest social network to release a human rights impact assessment it commissioned in 2020
Hyderabad's Biophore to manufacture ingredients of Pfizer's Covid drug. Biophore India Pharmaceutical announced that it developed and started manufacturing the key intermediates of Nirmatrelvir, one of the active ingredients of Paxlovid, the latest anti-Covid therapy
Global IT spending to reach .5 trillion in 2022, says Gartner report. With an increase of 5.1 per cent from 2021, the global IT spending is projected to reach .5 trillion this year, a new report has said.
ICICI Lombard posts a marginal 1.28% rise in Q3 net profit to Rs 318 cr. Sequentially, net profit was down 29%
Khatabook posts over Rs 1.8 trn monthly transactions across its platforms. Founded in January 2019, Khatabook claims it has 10 million monthly active merchant users, and manages more than 344 million customers on its platforms
Rocketlane raises mn in series A round fund led by 8VC. Firm founded by ex-Freshworks executives; series A has been raised just 7 months after seed
Cholamandalam launches three new biz verticals for consumer and SME loans. Firm partners with leading Fintech companies BankBazaar, Kreditbee and Paytail
Diginoor.io raises million seed funding from Contrary Capital, Polygon. Some of the partners of Diginoor.io include AVM Productions, Reliance Entertainment and a host of other major studios
NCLAT issues stay order on insolvency proceedings against HCL Tech. Case against HCL Tech was filed with NCLT in 2019 by Sahaj Bharti Travels, which claimed HCL Tech had continued to default on its payment under minimum guarantee clause of the agreement
Tata Investment Corp posts 42.8% jump in consolidated PAT to Rs 39.7 cr. The company had posted a consolidated profit after tax of Rs 27.81 crore in the corresponding quarter of the previous financial year
Tyre major CEAT reports Rs 20-crore net loss in December quarter. The company had posted a net profit of Rs 132 crore in the third quarter of the financial year 2020-21
Bajaj Auto's Q3 net profit declines 22% on weak domestic volumes. The company took a price increase of 1-1.2 per cent in the third quarter. It expects to take a similar amount in the current quarter
Santhosh Viswanathan appointed as Managing Director - SMG of Intel India. He will be responsible for Intel's overall business in India, including driving new revenue opportunities, engaging with the local ecosystem
Rallis India's net profit falls 13.3% to Rs 39.6 crore in December quarter. Shares of Rallis India Ltd on Wednesday settled at Rs 294.65 apiece on the BSE, up 2.61 per cent from the previous close
Tata Communications net profit rises 28% to Rs 395 crore in Q3. The company had a net profit of Rs 309.41 crore in the same period a year ago
Customer onboarding platform Rocketlane raises mn in funding. The latest funding comes seven months after Rocketlane announced its seed funding round, bringing the total capital invested to million
NTPC steps up coal imports, seeks to avoid power crunch later this year. The New Delhi-based company is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand
State Bank of India to get Rs 974 cr for 'interest on interest' payment. The cabinet committee on economic affairs (CCEA) has also approved an equity infusion of Rs 1,500 crore in IREDA
5G rollout: Air India awaits technical guidance for Boeing 777 aircraft. On Wednesday, the airline cancelled its US flights on 5G concerns
Reliance Jio pays Rs 30,791 crore to clear bulk of spectrum dues. The company estimates that the above prepayments will result in interest cost savings of around Rs 1,200 crore
AT&T, Verizon to delay launch of some new 5G after airlines raise alarm. AT&T and Verizon will delay launching new wireless service near key airports after the nation's largest airlines said the service would interfere with aircraft technology and cause massive flight disruptions. The decision from the telecommunication compani
Indian Energy Exchange divest 4.93% equity stake to Indian Oil Corp. India Energy Exchange on Wednesday announced divesting 4.93 per cent equity stake to India's largest oil company Indian Oil Corporation. IEX chairman and managing director SN Goel said that the move augurs well in the joint endeavour to build the gas marke
CredR to invest million to expand used two-wheeler business. Used two-wheeler buying and selling platform CredR on Wednesday said it will invest USD 15 million (around Rs 110 crore) in 2022-23 to expand its business. The Bengaluru-based firm plans to open 50 CredR showrooms for used two-wheelers in FY22-23 and over
Reliance Jio topples BSNL as largest fixed line broadband provider. In about two years of commercial roll out of its fixed-line broadband services, Reliance Jio has toppled 20 -year-old state-run telecom company BSNL as top service provider in the segment
threedots raises mn in seed funding round led by Kalaari Capital. threedots app offers users a daily dose of financial news and a finance centric community apart from stock investing
Power Finance Corp, REC cut lending rates across all types of loans. State-run non-banking financial firms -- Power Finance Corporation (PFC) and REC Ltd -- have reduced their lending rates across all types of loans by 40 basis points. PFC and REC Ltd have further reduced their lending rates across all types of loans by 40
L&T Technology Services reports double-digit revenue growth in Q3FY22. L & T Technology Services Limited (BSEHighlights for Q3FY22 include:Revenue at Rs 16,875 million; growth of 20% YoYUSD Revenue at 5.1 million; growth of 18% YoYEBIT margin at 18.6%; up 340 bps YoYNet profit at Rs 2,488 million; growth of 34% YoYInterim
L&T Technology Services wins million EV Deal from US Auto Tier 1. L & T Technology Services Limited (BSEUnder the terms of the 5-year agreement, LTTS will work with the customer to deliver solutions leveraging its e-mobility technology competence. Notably, this will be delivered from LTTS' ER & D center in Krakow, Poland
NTPC steps up coal imports, seeks to avoid power crunch later this year. Indian power producers are returning to the seaborne coal market as they rebuild stockpiles after last year's energy crisis.
Reloy raises Rs 5 cr in strategic pre-series A funding round led by IPV. Started in 2018, Reloy has been working closely with the largest builders and has influenced over Rs 700 crore sales in the real estate industry with clients like Sharpoorji Pallonji among others
Crypto-native social platform Sahicoin raises .75 mn in seed round. Founded by IIT Kanpur alumni, Amit Nayak, Ankush Rajput, and Melbin Thomas, the platform aims to empower the next billion crypto enthusiasts to make faster and better investing decisions
IndiGG secures mn in funding to foster play-to-earn movement in India. The funds, including an additional mn pre-seed led by YGG, will be utilised by IndiGG to focus on several key areas to fuel platform growth and onboard Indian gamers
Hero Electric, Mahindra tie up to make deeper inroads in e-two wheeler biz. As part of the partnership, Mahindra Group will manufacture Hero Electric's e-bikes - Optima & NYX at their Pithampur plant to meet the growing demands of the market
Microsoft's bn gaming acquisition will bolster its Metaverse plans. Microsoft's acquisition of video game maker Activision Blizzard for nearly billion is yet another play by the tech giant to secure its stake in the nascent Metaverse
Pfizer chief Albert Bourla wins mn Genesis Prize for vaccine development. Albert Bourla, chairman and chief executive of global pharmaceutical giant Pfizer Inc., was awarded the prestigious Genesis Prize for his efforts in leading the development of a Covid-19 vaccine
Pet treat brand Dogsee Chew raises Rs 50 cr in Series-A funding round. Drugmaker Mankind Pharma and existing backer Sixth Sense Ventures participate; recipient is only company to offer 100% vegetarian dog treats
NowPurchase raises .4 mn seed from Orios Venture, InfoEdge Ventures. Angel investor Neeraj Arora (ex-WhatsApp global business head & Co-Founder HalloApp) also participated in the round
SaaS starup Trainn raises 0,000 in seed round led by Speciale Invest. With the infusion of funds, the company plans to expand its team, fuel go-to-market programs, and accelerate product development.
Logistics optimising platform MatchLog raises mn in pre-series-A round. MatchLog claims it is India's first firm to offer at scale the ability to turnaround a container from import to export cycle, thereby eliminating empty runs to and from container yards
GAIL confirms suspension of its Director (Mkt) Ranganathan after CBI arrest. The CBI had on January 14 registered a complaint in connection with discounts that Ranganathan had allegedly promised to private companies in exchange for a bribe of Rs 50 lakh
Lummo raises mn in funding from Tiger Global, Sequoia Capital India. Lummo (previously known as BukuKas) on Wednesday said it has raised USD 80 million (about Rs 595.8 crore) in funding led by Tiger Global and Sequoia Capital India.
Air India to prepay debentures at a premium on investors' insistence. Investors sought premium after airline offered to prepay Rs 12,900 cr of bonds at par in Nov
Fintech platform Finsall raises Rs 12 cr in pre-series A funding. This is the second round of investment by UIV, which has investments in fintech companies like Open Bank and SmartCoin.
BharatPe co-founder Ashneer Grover takes voluntary leave till March-end. Board accepts his decision, agrees it is in the best interests of the company, staff, investors and merchants. Adds BharatPe will continue to be led by CEO Suhail Sameer
JSW Energy net profit jumps over two-fold to Rs 324 cr in Dec quarter. JSW Energy on Wednesday reported over two-fold jump in its consolidated net profit to Rs 324 crore in December 2021 quarter, mainly on the back of higher revenues.
Flipkart to host first-ever dedicated Samarth sale event on January 26. Rival company Amazon India's 'Great Republic Day Sale' started from midnight on January 17 with offers until 11:59 pm on January 20.
Bajaj Auto Q3 results: Net profit falls 22% to Rs 1,214 cr. Revenue from operations in Q3FY22 marginally rose to Rs 9,022 cr
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