SKM Egg Products Export (India) reported a decline in their consolidated quarterly numbers for December 2023. Net sales decreased by 15.85% to Rs. 152.93 crore from the same period in 2022. Net profit also decreased by 56.92% to Rs. 11.71 crore, while EBITDA decreased by 49.03% to Rs. 20.98 crore. The company's EPS also dropped from Rs. 10.

Mangalam Seeds reported its quarterly consolidated numbers with a 148.38% increase in net sales at Rs 52.29 crore in Dec 2023 compared to Rs 21.05 crore in Dec 2022. The net profit also increased by 63.28% to Rs 5.23 crore, and EPS saw an increase from Rs 2.85 to Rs 4.76. The company's stock closed at Rs 333.50 on BSE.

Jagatjit Industries has reported its quarterly numbers for December 2023, showing a 23.41% increase in net sales at Rs. 150.39 crore and a decrease of 84.58% in net profit at Rs. 0.62 crore compared to December 2022. Its EBITDA also fell by 35.31% to Rs. 9.62 crore. The company's EPS dropped from Rs. 0.93.

Britannia Industries reported its consolidated quarterly results for December 2023, showing a marginal increase in net sales, while net profit and EBITDA decreased. The company's EPS also saw a decrease compared to the same period in the previous year. Britannia's shares closed at Rs. 4,925.25 on February 19, 2024 and have shown a 9.20% return over the last 6 months and 10.59%.

Reported Consolidated quarterly numbers for Vadilal Industries are: Net Sales at Rs 174.26 crore in December 2023 up 21.53% from Rs. 143.38 crore in December 2022. Quarterly Net Profit at Rs. 9.24 crore in December 2023 up 199.51% from Rs. 9.29 crore in December 2022. EBITDA stands at Rs. 15.13 crore in December 2023 up 940.56% from Rs. 1.80 crore in December 2022.

Jaykay Enterprises reported a decline in net sales, net profit, and EBITDA compared to the same quarter last year. The company's EPS has also decreased. However, its shares have shown impressive returns over the last 6 and 12 months. The company's consolidated quarterly results show a decrease in income from operations and an increase in expenses.

Global Capital Markets (GCM) has reported a significant decrease in its standalone quarterly numbers, with net sales down 98.02% and net profit down 98.52%. The company's EBITDA also decreased by 95.06% and its EPS dropped to zero. GCM stock closed at 1.00 on February 19, 2024, with returns of -41.86% over the last 12 months.

Trent, a retail company, reported its consolidated quarterly results for December 2023 with a significant increase in net sales by 50.5% to Rs. 3466.62 crore and net profit by 124.17% to Rs. 374.36 crore from the same quarter in 2022. The EBITDA also showed a growth of 84.09% to Rs. 708.85 crore and earnings per share increased to Rs.10.53.

Radico Khaitan, an Indian alcohol company, reported a significant increase in net sales and profits for the December 2023 quarter compared to the same period in 2022. This was driven by higher sales and improved efficiency measured by EBITDA. The company's stock also saw positive gains of 36.59% in the past 6 months and 55.18% in the past 12 months.

Coal India share price corrected more than 4.0% in the intraday trades on Tuesday. The Coal India stock that has scaled 52-week highs of ₹487.75 on 16th February after having more than doubled from 52 week lows of ₹207.75 on March'2023, has given up some parts of the gains. Analysts at Jefferies retain Buy with a revised price target of Rs520 based on 10x FY26 estimated price to earnings ratio.

The Defence Acquisition Council authorized contracts totaling over Rs 84,560 crore to enhance India's defence capabilities and infrastructure. The Ministry of Defence took a tactical approach based on valuable lessons learned, with private players poised to benefit. India has been studying strategies used in recent conflicts and is emphasizing large defence systems and cutting-edge technology.

Whirlpool of India's stock dropped 4.7% after company's promoter, Whirlpool Corporation, announced plans to divest its 24% stake in the company via a block deal worth $450 million. Whirlpool Mauritius may be the seller as the promoter group aims to reduce debt. Stock has fallen 3.1% in 5 days and 18.7% in 6 months with negative returns for the past year and 5 years.

Asian shares were mostly lower despite a larger-than-expected interest rate cut in China. The Shanghai Composite and blue chips fell, but the Australian dollar may be supported by the cut. Global markets are uncertain about future rate cuts after high inflation readings in the US, and focus will be on economic indicators this week. The dollar remains strong against the yen.

Tech Mahindra has acquired Orchid Cybertech Services for $3.27 million, strengthening their relationship with TPG Telecom and expanding customer experience services in the Philippines. This deal follows the company's acquisition of Thirdware Solutions for up to $42 million. However, in its recent third quarter report, Tech Mahindra saw a 60.6% decline in net profit as demand slows.

Morgan Ventures has reported a strong financial performance in the quarter ending December 2023, with net sales increasing by 223.45% and net profit by 169.57% compared to the same period in 2022. EBITDA also saw a significant increase of 169.69%, while EPS increased from Rs. 2.67 to Rs. 1.86. Despite this, the company's shares have only seen marginal returns over the last 12 months.