📈 Domestic benchmark indices closed on a negative note. 📢 At 3:30 PM, the Sensex tanked by 352.67 points or 0.48% at 72790.13, and the Nifty was down 90.70 points or 0.41% at 22122.00. 📊Among sectoral, Nifty Midcap 100 (⬇️0.36%)showed least signs of struggle while Nifty Bank (⬇️ 0.50%) saw considerable selling.

Reported Consolidated quarterly numbers for Mysore Petro Chemicals are: Net Sales at Rs 5.79 crore in December 2023 up 165.84% from Rs. 2.18 crore in December 2022. Quarterly Net Loss at Rs. 0.03 crore in December 2023 down 100.86% from Rs. 3.88 crore in December 2022. EBITDA stands at Rs. 2.14 crore in December 2023 up 30.49% from Rs. 1.64 crore in December 2022.

Reported Consolidated quarterly numbers for IFB Agro Industries are: Net Sales at Rs 360.77 crore in December 2023 up 28.53% from Rs. 280.68 crore in December 2022. Quarterly Net Loss at Rs. 5.05 crore in December 2023 down 161.81% from Rs. 8.17 crore in December 2022. EBITDA stands negative at Rs. 1.67 crore in December 2023 down 109.47% from Rs. 17.63 crore in December 2022.

Reported Consolidated quarterly numbers for Sumit Woods are: Net Sales at Rs 42.85 crore in December 2023 up 96.58% from Rs. 21.80 crore in December 2022. Quarterly Net Profit at Rs. 1.64 crore in December 2023 down 26.49% from Rs. 2.24 crore in December 2022. EBITDA stands at Rs. 7.80 crore in December 2023 up 4.7% from Rs. 7.45 crore in December 2022.

Equity benchmarks Sensex and Nifty 50 extended intial losses on February 26 amid weakness in banking and heavyweight stocks. However, analysts believe that the bullish sentiment is intact as long as Nifty holds above 21,000 level. Sensex and Nifty declined 0.4 percent each to 72,789 and 22,120, respectively on February 26. Fear gauge India VIX jumped over 4 percent to trade above 15.

Highlighting unease over the unabated inflows into smallcap stocks, Kotak Mahindra Mutual Fund has joined the growing list of asset management companies (AMCs) that have restricted or stopped lump sum investment into their smallcap funds. In a notification dated February 26, Kotak Mahindra Asset Management Company said that it has temporarily limited the subscription of units.

In a highly volatile and unpredictable equity market, delivering consistent returns to shareholders over an extended period is no small feat. However, there are a handful of stocks that have shown remarkable resilience and stability, navigating through market uncertainties, economic downturns, and industry disruptions with ease. Tips Industries, is one of India’s leading entertainment companies.

Indian stock market today: OK Play India shares are one of the multibagger stocks that the Indian stock market has delivered in the last one year. The small-cap stock with a market cap of around ₹547 crore has delivered around 140 percent in the last one year, whereas in the last five years, this multibagger stock has risen to the tune of over 350 percent. 

Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises Ltd, is not cooperating in an investigation into alleged diversion of funds from the media company, the Securities and Exchange Board of India (Sebi) has informed the Securities Appellate Tribunal (SAT) hearing the matter.Chandra's legal counsel has, however, contested these allegations.

Reported Consolidated quarterly numbers for Refex Renewables & Infrastructure are: Net Sales at Rs 20.55 crore in December 2023 up 18.31% from Rs. 17.37 crore in December 2022. Quarterly Net Loss at Rs. 8.54 crore in December 2023 down 99.07% from Rs. 4.29 crore in December 2022. EBITDA stands at Rs. 10.50 crore in December 2023 up 27.27% from Rs. 8.25 crore in December 2022.

Reported Consolidated quarterly numbers for Kellton Tech Solutions are: Net Sales at Rs 245.44 crore in December 2023 up 6.31% from Rs. 230.87 crore in December 2022. Quarterly Net Profit at Rs. 8.13 crore in December 2023 down 50.92% from Rs. 16.56 crore in December 2022. EBITDA stands at Rs. 18.75 crore in December 2023 down 27.88% from Rs. 26.00 crore in December 2022.

Reported Consolidated quarterly numbers for Sree Rayalaseema Hi Strength Hyp are: Net Sales at Rs 214.52 crore in December 2023 down 28.69% from Rs. 300.85 crore in December 2022. Quarterly Net Profit at Rs. 16.63 crore in December 2023 down 29.29% from Rs. 23.52 crore in December 2022. EBITDA stands at Rs. 32.54 crore in December 2023 down 12.05% from Rs. 37.00 crore in December 2022.

Reported Consolidated quarterly numbers for Megastar Foods are:Net Sales at Rs 72.57 crore in December 2023 up 9.02% from Rs. 66.57 crore in December 2022.Quarterly Net Profit at Rs. 1.36 crore in December 2023 down 58.01% from Rs. 3.24 crore in December 2022.EBITDA stands at Rs. 3.24 crore in December 2023 down 50.53% from Rs. 6.55 crore in December 2022.

Reported Consolidated quarterly numbers for Deepak Nitrite are: Net Sales at Rs 2,009.23 crore in December 2023 up 0.91% from Rs. 1,991.06 crore in December 2022. Quarterly Net Profit at Rs. 202.05 crore in December 2023 down 3.35% from Rs. 209.05 crore in December 2022. EBITDA stands at Rs. 318.20 crore in December 2023 down 2.97% from Rs. 327.95 crore in December 2022.

Reported Consolidated quarterly numbers for Pet Plastics are: Net Sales at Rs 3.42 crore in December 2023 up 5418.06% from Rs. 0.06 crore in December 2022. Quarterly Net Loss at Rs. 0.00 crore in December 2023 up 99.38% from Rs. 0.26 crore in December 2022. EBITDA stands at Rs. 0.00 crore in December 2023 up 100% from Rs. 0.26 crore in December 2022.