Invest With Tribe

Share this post

Adani Enterprise (+7%), Hero Motor Corp (-2%) & more

blog.investwithtribe.com

Adani Enterprise (+7%), Hero Motor Corp (-2%) & more

Tribe Daily

Tribe Wealth
Nov 4, 2022
1
Share this post

Adani Enterprise (+7%), Hero Motor Corp (-2%) & more

blog.investwithtribe.com

Market Summary

Market makes a recovery in the last hour to close the Friday session higher.


Companies

Adani Enterprise (+7%) rise after the company reported a strong rise in revenue. Hero Motor Corporation (-2%) plunged after the company reported a 9% decline in net consolidated profits.


Sectors

Nifty PSU BANK (+1%) up ahead of the SBI & Bank of Baroda results.


News of The Day

1. Gillette India Limited reported a 5.9% rise in first-quarter profit( Rs 86 crore). The profits increased due to the strong demand for grooming products ahead of the festive season.(Economic Times)

2.Shares of fabric manufacturer and fashion retailer Raymond (+5.6%) rallied after the company reported over two-fold jump in its net consolidated profit( Rs 161.95 crore). (Economic Times)

3. Shares of state-owned natural gas and oil companies HPCL (-4%) plunged after the company reported a net loss of Rs 2476.(Economic Times)

4.Pharma Major Cipla reported a 11% YoY rise in the September quarter consolidated net profit. The total revenue from operations increased by 5.57%. (Economic Times)

5. Shares of Telecom operator Vodafone Idea (-2.45%) plunged after the Q2 net loss widened to Rs 7596 cr.(Economic Times)


Market Sentiment


Expert of The Day

Follow Him on Invest With Tribe


Latest Blog:

$300 Bn Electronic Manufacturing Sector by 2026!


Articles You Like to Read

Why we need to stop worrying about a falling Indian Rupee. ( Source: Money Control)

The climate fight will be more effective if data is presented without sensationalism ( Source: Economic Times)

Will firms leave India once the PLI scheme phases out? 4 reasons why they won’t. (Source: Economic Times )


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

Adani Enterprise (+7%), Hero Motor Corp (-2%) & more

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