Invest With Tribe

Share this post

[26/02 Weekly Market Update]NTPC (+2%) rose after it paid Rs 4,121.08 cr as an interim dividend for FY23.

blog.investwithtribe.com

[26/02 Weekly Market Update]NTPC (+2%) rose after it paid Rs 4,121.08 cr as an interim dividend for FY23.

Tribe Weekly

Tribe Wealth
Feb 26
Share this post

[26/02 Weekly Market Update]NTPC (+2%) rose after it paid Rs 4,121.08 cr as an interim dividend for FY23.

blog.investwithtribe.com

Weekly Market Summary

Nifty declined as rate hike concerns dampened investors sentiments.


Companies

NTPC (+2%) rose after it paid Rs 4,121.08 cr as an interim dividend for FY23. Power Grid (+1%) rose due to an improvement in earning profile and valuation. Adani Enterprise (-24%) declined as LIC's investment in the group eroded.


Sectors

Nifty Metal (-7%) declined due to rising inflation and a weak global economic scenario.


Market News

1.BPCL is planning to raise Rs 1,500 cr via NCDs. (Business Standard)

2.Ola Electric is planning to build world’s largest EV hub in India for Rs 7,610 cr. (Business Standard)

3.Tiger Global offloaded 1.7% stake in Delhivery for Rs 414 cr. (Zee Business)

4.Spicejet Q3 profit jumped by 160% to Rs 110 cr. (Money Control)

5.HDFC Bank raised $750 million in dollar bond sale. (Mint)


Tribe Weekly

February 27 Marico Ltd board meeting for interim dividend

February 28 Unitech Ltd quarterly results

March 1 IndusInd Bank Ltd and BLS Infotech Ltd board meeting

March 2 Bajaj Electricals Ltd board meeting

March 3 Polycab India Ltd board meeting


Latest on our Social:

Click to see the full post


Follow our Socials

Looking for fantastic content on the stock market, trading and investing?

Follow us on Twitter, Instagram, Reddit, LinkedIn & YouTube

Share this post

[26/02 Weekly Market Update]NTPC (+2%) rose after it paid Rs 4,121.08 cr as an interim dividend for FY23.

blog.investwithtribe.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Tribe Wealth
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing