Invest With Tribe

Share this post

Narmada Gelatines (+20%), Dabur India (+1%) and more

blog.investwithtribe.com

Narmada Gelatines (+20%), Dabur India (+1%) and more

Tribe Daily

Tribe Wealth
Dec 7, 2022
2
Share this post

Narmada Gelatines (+20%), Dabur India (+1%) and more

blog.investwithtribe.com

Market Summary

Nifty ends in red due to profit booking and RBI’s repo rate hike.


Companies

BPCL (+2%) rose after GOI seeks compensation for petrol and diesel losses to state-run retailers and a reduction in crude oil prices. HUL (+2%) rose due to recovery in rural demand.


Sectors

Nifty Realty (-1%) plunged due increase in interest rates. Nifty FMCG (+1%) rose due to strong performance of ITC and Nestle India.


News of The Day

1.Tata Motors (-2%) plunged as the company is considering an increment in the prices of passenger vehicles w.e.f January 2023. (CNBC TV 18)

2. ​​Bhikaji Foods (+4%) rose due to strong Q2 performance and the acquisition of Hanuman Agrofood. (Economic Times)

3.Aster DM Healthcare (+2%) rose after the company signed an agreement with Faruk Medical City to develop healthcare services in Iraq. (Business Standard)

4.Narmada Gelatines (+20%) zoomed after the company declared a special interim dividend of Rs 100/share. (Business Standard)

5.Dabur India (+1%) rose after the company announced its entry into women's personal hygiene space with the launch of Fem Ultra Care Sanitary Napkins. (Outlook)


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

G 20 Presidency: A Big narrative for articulating Global South’s priorities is crucial (Source: Money Control)

Wait for the right entry points in the stock market. ( Source: Money Control)

How to curb the dumping of steel in India. (Source: Money Control)


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

Narmada Gelatines (+20%), Dabur India (+1%) and 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