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Zomato(+1.39%) shares bounce back; Karnataka records 52% voter turnout till 3 pm

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Zomato(+1.39%) shares bounce back; Karnataka records 52% voter turnout till 3 pm

RBI announces redemption price for sovereign gold bonds, offers high returns for Series I holders

Tribe Wealth
May 10, 2023
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Zomato(+1.39%) shares bounce back; Karnataka records 52% voter turnout till 3 pm

blog.investwithtribe.com

Market summary

Closing Bell: Nifty above 18300, BANKNIFTY above 43300 ,weekly expiry tomorrow , Sensex gains 170 pts, reality, media, oil&gas rally.๐Ÿš€


Company


Sector

India's automotive industry sees record sales of 3.7 million passenger vehicles in FY22-23


Market news

Shipping Corporation Of India(+5.79%) Q4 net profit rises to Rs 376.9 crore, revenue up by 8.3% YoY. ๐Ÿš€

Adani Ports(-0.07%) to prepay $130 million of 2024 USD bonds.๐Ÿ’ฐ

Zomato(+1.39%) shares rebound as Motilal Oswal reiterates โ€˜Buyโ€™ rating on the stock.๐Ÿ“ˆ

RVNL(-4.99%) stock plummets 14% in just 3 days, hits a 5% lower circuit at Rs 121.9 in today's session on BSE.๐Ÿ“‰

Tata Motors(+1.16%) stock hits new 52-week high for third consecutive day.๐Ÿš€

SpiceJet(+1.93%) faces fresh trouble as lessors request DGCA to de-register 3 aircraft.๐Ÿ“ˆ

PTC India(+0.27%), PFS face legal notices from regulator over governance lapses.

Airbnb(+1.13%) posts $117M Q1 profit amid travel recovery, but Q2 outlook disappoints investors.๐Ÿ“ˆ

Coal futures hit 16-month low below $170/t due to 11% decline in demand from Europe.๐Ÿ“‰

MG Motor to invest over Rs 5,000 crore in India, focus on local manufacturing and new EV launches.

JBM Auto's(-6.78%) Q4 net profit falls by 66% to Rs. 28.4 crore, revenue declines 5.7% to Rs. 1,010 crore.๐Ÿ“‰

Cisco(+0.28%) aims to generate $1 billion revenue from upcoming manufacturing plant in Chennai.

Mankind Pharma shares tank over 6% a day after solid debut.๐Ÿ“‰

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Zomato(+1.39%) shares bounce back; Karnataka records 52% voter turnout till 3 pm

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