Glenmark Pharma stock continues to rise, with a 10% surge on Feb 16. Q3 earnings were impacted by one-time expenses, but management expects improvement in EBITDA and margins, driven by new production site and upcoming product launches. Glenmark aims to turn cash positive and expects significant sales from its nasal spray Ryaltris.

KPI Green Energy's shares surged 5% after its subsidiary received a new order for a 1.5 MW solar power project, expected to be completed by FY 2024-25. The stock has delivered multibagger returns in the past six months and three years. In the December quarter, the company reported a 47% rise in net profit and a significant increase in revenue. It is currently trading above its SMAs.

Reported Standalone quarterly numbers for Jeevan Scientific Technology are: Net Sales at Rs 10.13 crore in December 2023 up 1.77% from Rs. 9.95 crore in December 2022. Quarterly Net Loss at Rs. 0.39 crore in December 2023 down 822.02% from Rs. 0.05 crore in December 2022. EBITDA stands at Rs. 0.98 crore in December 2023 down 43.68% from Rs. 1.74 crore in December 2022.

After a flat January, Indian markets have surged almost 1.5% in the month of February. Both Nifty Finance and Nifty FMCG underperformed the benchmark Nifty in the last 1 year. Nifty FMCG jumped over 16% while Nifty Fin gained 9.5% as against a 21.6% rise in the Nifty in the last 1 year. Deepak Jasani, Head of Retail Research, HDFC Securities likes Nifty Finance over Nifty FMCG.

Reported Standalone quarterly numbers for Polycon International are: Net Sales at Rs 6.06 crore in December 2023 down 6.95% from Rs. 6.51 crore in December 2022. Quarterly Net Loss at Rs. 0.07 crore in December 2023 down 351.15% from Rs. 0.03 crore in December 2022. EBITDA stands at Rs. 0.70 crore in December 2023 down 7.89% from Rs. 0.76 crore in December 2022.

COMEX Gold has recovered slightly due to weaker retail and jobless data, but is still on track for its biggest weekly decline in two months. This is due to uncertainty about the Fed's rate outlook. US retail sales also fell, indicating slower economic growth. Gold prices are expected to continue rising, with short covering and support at 61000 in MCX.

Reported Standalone quarterly numbers for PCS Industries are: Net Sales at Rs 0.08 crore in December 2023 down 11.78% from Rs. 0.09 crore in December 2022. Quarterly Net Profit at Rs. 0.36 crore in December 2023 up 49.07% from Rs. 0.24 crore in December 2022. EBITDA stands at Rs. 0.56 crore in December 2023 up 12% from Rs. 0.50 crore in December 2022.

In the December 2023 quarter, Axiscades Technologies reported a 21.16% increase in net sales at Rs. 91.84 crore, but suffered a massive 98.27% decline in net profit to Rs. 0.54 crore. EBITDA also decreased by 1.64%. This resulted in a decrease in EPS from Rs. 8.22 in December 2022 to Rs. 0.14 in December 2023.

Reported Standalone quarterly numbers for Sarup Industries are: Net Sales at Rs 4.83 crore in December 2023 up 51.64% from Rs. 3.19 crore in December 2022. Quarterly Net Profit at Rs. 0.04 crore in December 2023 up 108.89% from Rs. 0.48 crore in December 2022. EBITDA stands at Rs. 0.68 crore in December 2023 up 94.29% from Rs. 0.35 crore in December 2022.

Zodiac Clothing Company reported a decrease in net sales to Rs. 35.43 crore in December 2023, with a quarterly net loss of Rs. 2.61 crore. EBITDA increased significantly to Rs. 3.75 crore. The company's shares closed at 129.75 on February 15, 2024 and showed positive returns over the last 6 and 12 months. Expenses included a decrease in raw materials consumption and an increase in employee costs.

Reported Standalone quarterly numbers for Bartronics India are: Net Sales at Rs 11.92 crore in December 2023 up 3.9% from Rs. 11.47 crore in December 2022. Quarterly Net Loss at Rs. 0.06 crore in December 2023 up 93.92% from Rs. 1.00 crore in December 2022. EBITDA stands at Rs. 0.06 crore in December 2023 up 154.55% from Rs. 0.11 crore in December 2022.

Reported Standalone quarterly numbers for E2E Networks are: Net Sales at Rs 23.95 crore in December 2023 up 41.67% from Rs. 16.91 crore in December 2022. Quarterly Net Profit at Rs. 5.58 crore in December 2023 up 154.28% from Rs. 2.19 crore in December 2022. EBITDA stands at Rs. 11.87 crore in December 2023 up 37.7% from Rs. 8.62 crore in December 2022.

Reported Standalone quarterly numbers for Vaxtex Cotfab are: Net Sales at Rs 2.08 crore in December 2023 down 81.74% from Rs. 11.39 crore in December 2022. Quarterly Net Loss at Rs. 8.63 crore in December 2023 down 9796.63% from Rs. 0.09 crore in December 2022. EBITDA stands negative at Rs. 8.62 crore in December 2023 down 507.04% from Rs. 1.42 crore in December 2022.

Trident Texofab's standalone quarterly performance for the period ending December 2023 showed a decrease in net sales by 6.28% and a decrease in net profit by 51.47%. EBITDA also decreased by 31.27%, resulting in a decline in EPS from Rs. 1.14 to Rs. 0.55. The company's shares on BSE closed at Rs. 59.17 on February 15, 2024.

Laxmi Cotspin reported standalone quarterly numbers for December 2023, with an increase in net sales by 9.55% and a net loss of Rs. 2.15 crore, up 61.36%. The company's EBITDA also saw a significant drop of 85.18%. Its shares closed at 30.60 (NSE) on February 15, 2024, with a 55.73% return in the last 6 months.