Zomato(+1.76%) Post First Ever Profit of 2 Cr Business Turns Positive; MRF(+4.27%) Hits All-Time High as Profit Surges 376%

Sebi Cancels MMTC's Stock Broker Registration Over Illegal 'Paired Contracts'.

Market Summary

Closing Bell: Nifty below 19400, BANKNIFTY slips below 44600, on weekly expiry, Sensex tanks 540 pts, Reality, Banknifty and Financial services slips. 📉

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Companies

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Sector

Union Minister to Present DPDP Bill in Lok Sabha, IT Ministry Urges Swift Enactment for Data Protection. 📅🛡️

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Market News

Mankind Pharma(+9.10%) Rides on Stellar Q1 Results After 66.4% Profit Jump, Revenue up by 18.3% Shares up by 9%. 💸🚀

Adani Power(+2.00%) Reports Impressive Q1 Results, Consolidated Net Profit Soars 83% YoY to Rs 8,759 Crore. 💰

Zomato(+1.76%) Q1 Brings Good News Net Profit of Rs 2 Crore, Quick Commerce Business Turns Positive, Revenue Soars 71% YoY. 🍕

Dixon Technologies(+7.66%) Shares Surge 7% Government's Import Restrictions Boost B2B Electronics Manufacturer. 🧾🚀

Karnataka Bank(+6.02%) Q1 Net Profit Surges 224% Records Rs 371 Crore, GNPA Declines to 3.68%. 💰🚀

Dabur India(-1.87%) Q1 FY24 Net Profit Grows 3.52% to Rs 456.61 Crore, Revenue Surges 10.91% to Rs 3,130.47 Crore. 🌴

MRF(+4.27%) Limited Hits 52-Week High Q1 Net Profit Surges 376% YoY to Rs 588.75 Crore. 🚀

Sun Pharma(+0.51%) Q1 Net Profit Dips 1.9% at Rs 2,022.5 Crore YoY, Revenue Jumps 11%. 💊

SBFC Finance IPO Receives Strong Response Subscription at 1.19 Times on Day 1, Retail and HNIs Show High Interest. 🧾✔️