Reported Standalone quarterly numbers for International Conveyors are: Net Sales at Rs 42.19 crore in September 2023 down 33.23% from Rs. 63.19 crore in September 2022. Quarterly Net Profit at Rs. 22.20 crore in September 2023 up 177.15% from Rs. 8.01 crore in September 2022. EBITDA stands at Rs. 30.43 crore in September 2023 up 147.8% from Rs. 12.28 crore in September 2022.

Reported Standalone quarterly numbers for KDDL are: Net Sales at Rs 92.74 crore in September 2023 up 23.82% from Rs. 74.90 crore in September 2022. Quarterly Net Profit at Rs. 16.05 crore in September 2023 down 39.3% from Rs. 26.44 crore in September 2022. EBITDA stands at Rs. 27.18 crore in September 2023 down 30.61% from Rs. 39.17 crore in September 2022.

Reported Standalone quarterly numbers for MMTC are: Net Sales at Rs 1.81 crore in September 2023 down 87.15% from Rs. 14.09 crore in September 2022. Quarterly Net Profit at Rs. 10.67 crore in September 2023 down 99.04% from Rs. 1,117.19 crore in September 2022. EBITDA stands at Rs. 13.20 crore in September 2023 up 199.85% from Rs. 13.22 crore in September 2022.

Reported Standalone quarterly numbers for Andrew Yule and Company are: Net Sales at Rs 87.99 crore in September 2023 down 24.19% from Rs. 116.07 crore in September 2022. Quarterly Net Loss at Rs. 7.26 crore in September 2023 down 128.79% from Rs. 25.21 crore in September 2022. EBITDA stands negative at Rs. 4.59 crore in September 2023 down 114.25% from Rs. 32.22 crore in September 2022.

Reported Standalone quarterly numbers for DCM Shriram Industries are: Net Sales at Rs 580.46 crore in September 2023 up 8.97% from Rs. 532.70 crore in September 2022. Quarterly Net Profit at Rs. 20.16 crore in September 2023 up 2067.74% from Rs. 0.93 crore in September 2022. EBITDA stands at Rs. 50.05 crore in September 2023 up 181.02% from Rs. 17.81 crore in September 2022.

Vitol's Serio and Muller recently discussed the global energy transition at a FT Summit. Sanopec expects China's gasoline demand to peak this year, while other nations have returned to pre-pandemic levels except the US. Crude output in Russia, US, Brazil and Guyana is growing, but India is seeing a large growth in commodity demand as its industrialization and urbanization gather pace.

Reported Consolidated quarterly numbers for SIL Investments are: Net Sales at Rs 20.75 crore in September 2023 up 2.72% from Rs. 20.20 crore in September 2022. Quarterly Net Profit at Rs. 12.88 crore in September 2023 down 27.03% from Rs. 17.65 crore in September 2022. EBITDA stands at Rs. 19.88 crore in September 2023 down 15.37% from Rs. 23.49 crore in September 2022.

The Nifty50 staged a stellar performance recording the biggest ever single-day rally in the current financial year on November 15, tracking the strong global cues after favourable US and China data. The index has seen a decisive breakout of the downward-sloping resistance trendline (adjoining highs of September 15 and October 18) and climbed decisively above the upper end of the consolidation.

Reported Standalone quarterly numbers for Kirloskar Industries are: Net Sales at Rs 42.24 crore in September 2023 down 14.56% from Rs. 49.44 crore in September 2022. Quarterly Net Profit at Rs. 36.06 crore in September 2023 down 14.41% from Rs. 42.13 crore in September 2022. EBITDA stands at Rs. 43.87 crore in September 2023 down 15.55% from Rs. 51.95 crore in September 2022.

The stock market witnessed a remarkable performance on November 13 as several midcap stocks soared above their 50-day Simple Moving Average (SMA). The positive performance of these stocks suggests potential opportunities, reflecting their resilience and agility in the market. Let's explore the performance of these stocks. (Data Source: StockEdge)1. AU Small Finance Bank50-Day SMA: 710.61.

Nifty today ended 232 points higher to form a small green candle on the daily chart and signal an upside breakout of the crucial overhead resistance of around 19,550-19,600 levels.The short-term trend of the Nifty remains positive. Having moved above the key resistance of around 19,600 levels, there is a possibility of Nifty advancing towards the next set of hurdles of around 19,850.

Indian market bounced back on Wednesday tracking positive global cues as benchmark indices Sensex and Nifty closed with gains of over 1% each.The S&P BSE Sensex rallied more than 700 points while the Nifty50 closed above 19600 levels on Wednesday.Sectorally, buying was seen in realty, IT, auto, oil & gas and energy stocks.Stocks that were in focus on Wednesday include names like MCX .

Miven Machine Tools Standalone Quarterly Results show a 227.13% increase to net sales of Rs. 0.54 crore for September 2023 compared to Rs. 0.17 in the same period in 2022, with a Net Loss of Rs. 0.38 crore in the same period. Shareholders have enjoyed a 319.35% return over the last 12 months.

Reported Consolidated quarterly numbers for Precot are: Net Sales at Rs 266.30 crore in September 2023 up 13.15% from Rs. 235.36 crore in September 2022. Quarterly Net Loss at Rs. 1.08 crore in September 2023 up 65.59% from Rs. 3.13 crore in September 2022. EBITDA stands at Rs. 17.64 crore in September 2023 up 26.18% from Rs. 13.98 crore in September 2022.

China's stock market is expected to outperform the Indian market next year due to lower valuations posing the potential for upmove once positive sentiments arrive, a Bloomberg report said citing Sunil Tirumalai, UBS global emerging market strategist. The UBS report’s stance is contrarian to the negative stance on China among major brokerages.