Reported Consolidated quarterly numbers for National Aluminium Company are: Net Sales at Rs 3,346.90 crore in December 2023 up 1.73% from Rs. 3,289.98 crore in December 2022. Quarterly Net Profit at Rs. 470.61 crore in December 2023 up 83.6% from Rs. 256.32 crore in December 2022. EBITDA stands at Rs. 824.10 crore in December 2023 up 56.65% from Rs. 526.09 crore in December 2022.

Sumit Garg The allure of pre-owned luxury cars has been on the rise in recent years. With customers seeking to experience opulence in confluence with access to advanced technologies driving the unparalleled performance of the car, segment has been gaining a lot of popularity owing to its wide gamut of benefits. This, coupled with organised players steering the segment towards a systematic approach

Mumbai: Shares of Asian Paints slumped 3.9% on Monday after brokerage CLSA downgraded its rating on the stock to 'sell' following the entry of Birla Opus into the industry. The firm slashed its price target to ₹2,425 from ₹3,215, implying a downside of over 15% from Monday's closing price of ₹2,868.40. Birla Opus is the latest new entrant in the decorative paints market.

Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises, has moved the Securities Appellate Tribunal (SAT), challenging the Securities & Exchange Board of India's (Sebi) confirmatory order issued last year that banned him from holding directorships in any listed entity. SAT has asked Sebi to file its reply and has posted the matter for further hearing on March 8.

Following Vijay Shekhar Sharma's resignation as part-time non-executive chairman and board member at Paytm Payments Bank, Paytm shares today rallied 5% in the morning only to give up all the gains quickly in volatile trading as investors try to understand whether the restructuring of the board will help placate an angry RBI.After two days of 5% upper circuits, the stock was trading just 1% higher.

Reported Consolidated quarterly numbers for Sunraj Diamond Exports are:Net Sales at Rs 0.17 crore in December 2023 down 52.02% from Rs. 0.35 crore in December 2022.Quarterly Net Profit at Rs. 0.22 crore in December 2023 up 22.32% from Rs. 0.18 crore in December 2022.EBITDA stands at Rs. 0.23 crore in December 2023 up 35.29% from Rs. 0.17 crore in December 2022.

Exicom Tele-Systems IPO will open for bidding to retail investors on February 27. The IPO will raise Rs 439 crore. The issue has both fresh issue as well as offer for sale. The issue will close for subscription on February 29. The price band for the IPO has been set at Rs 135 to 142 per equity share.  The company’s shares were seeing a premium of nearly 120% in the grey market.

Nova Agritech IPO listed on BSE and NSE on 31st January 2024 at a whopping premium of nearly 34 percent against Nova Agritech IPO price band of ₹39 to ₹41 per equity share. However, Nova Agritech shares didn't stop here only. Nova Agritech share price further surged after making a dream debut on Dalal Street and went on to touch a record high of ₹77.20 apiece on NSE.

Reported Consolidated quarterly numbers for Hindusthan Urban Infrastructure Limited are: Net Sales at Rs 128.96 crore in December 2023 down 3.68% from Rs. 133.89 crore in December 2022. Quarterly Net Loss at Rs. 5.51 crore in December 2023 up 36.67% from Rs. 8.70 crore in December 2022. EBITDA stands at Rs. 6.15 crore in December 2023 up 768.48% from Rs. 0.92 crore in December 2022.

The Income Tax (I-T) Department has introduced on-screen functionality on the compliance portal of its e-filing website to address "mismatch" in information from third parties compared to taxpayers' I-T Returns (ITR), it said on February 26.The I-T Department said it has identified discrepancies in the information received from third parties regarding interest and dividend income.

Byju’s woes: The National Company Law Tribunal (NCLT) has registered a new plea filed by four investors against Byju’s, the Indian Edtech major. The investors have accused the company’s management of oppression and mismanagement, according to a report by Moneycontrol. This marks the fifth legal challenge against Byju’s filed in the NCLT and the fourth in 2024 alone.

Reported Consolidated quarterly numbers for AION-TECH SOLUTIONS are: Net Sales at Rs 26.28 crore in December 2023 down 4.25% from Rs. 27.45 crore in December 2022. Quarterly Net Loss at Rs. 0.92 crore in December 2023 down 279.14% from Rs. 0.51 crore in December 2022. EBITDA stands at Rs. 0.33 crore in December 2023 down 74.62% from Rs. 1.30 crore in December 2022.

Reported Consolidated quarterly numbers for Aksh Optifibre are: Net Sales at Rs 51.72 crore in December 2023 down 24.29% from Rs. 68.32 crore in December 2022. Quarterly Net Loss at Rs. 4.21 crore in December 2023 down 454.58% from Rs. 1.19 crore in December 2022. EBITDA stands at Rs. 3.49 crore in December 2023 down 74.11% from Rs. 13.48 crore in December 2022.

Reported Consolidated quarterly numbers for PTC Industries are: Net Sales at Rs 55.45 crore in December 2023 down 2.62% from Rs. 56.94 crore in December 2022. Quarterly Net Profit at Rs. 8.08 crore in December 2023 up 32.65% from Rs. 6.09 crore in December 2022. EBITDA stands at Rs. 18.97 crore in December 2023 up 17.53% from Rs. 16.14 crore in December 2022.

Domestic brokerage Motilal Oswal initiated coverage on Cello World with a 'buy' rating on the household brand's strong pan-India presence, deep distribution network and 'robust manufacturing capability'. Motilal Oswal issued a target price of Rs 1,100 per share, indicating an upside of 31 percent from the counter's CMP. At 9.35 am, Cello World shares were trading at Rs 881 on the NSE.