Reported Standalone quarterly numbers for Refex Renewables & Infrastructure are: Net Sales at Rs 3.67 crore in December 2023 up 14.69% from Rs. 3.20 crore in December 2022. Quarterly Net Loss at Rs. 1.49 crore in December 2023 up 17.68% from Rs. 1.81 crore in December 2022. EBITDA stands negative at Rs. 0.47 crore in December 2023 down 193.75% from Rs. 0.16 crore in December 2022.

Reported Standalone quarterly numbers for Milkfood are: Net Sales at Rs 114.98 crore in December 2023 down 23.55% from Rs. 150.40 crore in December 2022. Quarterly Net Profit at Rs. 1.17 crore in December 2023 down 64.22% from Rs. 3.27 crore in December 2022. EBITDA stands at Rs. 6.64 crore in December 2023 down 18.93% from Rs. 8.19 crore in December 2022.

Reported Standalone quarterly numbers for NMS Resources Global are: Net Sales at Rs 8.36 crore in December 2023 up 705.86% from Rs. 1.04 crore in December 2022. Quarterly Net Profit at Rs. 0.50 crore in December 2023 up 796.96% from Rs. 0.06 crore in December 2022. EBITDA stands at Rs. 0.66 crore in December 2023 up 1000% from Rs. 0.06 crore in December 2022.

Reported Standalone quarterly numbers for Tilaknagar Industries are: Net Sales at Rs 376.69 crore in December 2023 up 24.2% from Rs. 303.29 crore in December 2022. Quarterly Net Profit at Rs. 45.57 crore in December 2023 down 39.72% from Rs. 75.61 crore in December 2022. EBITDA stands at Rs. 61.23 crore in December 2023 up 49.05% from Rs. 41.08 crore in December 2022.

After food delivery platform Zomato's Q3 profit jumped nearly 4x (283%) quarter-on-quarter (QoQ) to Rs 138 crore, global brokerage firm CLSA on Thursday increased its target price from Rs 181 to Rs 227. Zomato shares jumped 4.6% to hit a new 52-week high of Rs 159.20 on the BSE following fresh endorsement from CLSA. We move our blended valuation to DCF and an FY26-based PE to align.

Axis Bank shares fell more than 2 percent in afternoon trade on February 15 after BJP leader Subramanian Swamy moved the Delhi High Court, alleging the private bank's involvement in an Rs 5,100-crore scam, a report said. In an post on X platform, Bar and Bench website said Swamy alleged that Axis Bank made undue gains by way of transactions in shares of Max Life Insurance.

Entero Healthcare Solutions IPO is scheduled to list on Friday, February 16. The IPO allotment was finalised on Wednesday, February 14 and the refund process for those not allotted shares began on Thursday, February 15. The subscription status of the IPO was 1.53 times on day 3, with lukewarm response from retail and non-institutional investors.

Despite a multi-bagger run in the last 1 year, brokerage house Equirus Capital expects a 42 percent upside in jewellery stock Thangamayil Jewellery (TJL) by March 2025. Strong visibility and robust financials would enable TJL to command a premium multiple than current levels, it believes.The brokerage has initiated coverage with a 'LONG' recommendation on the stock with a target price.

Ashok Gulati, an eminent agricultural economist and professor at the Indian Council for Research on International Economic Relations (ICRIER), has weighed in on the pressing issue of farmers' demand for legislation on Minimum Support Price (MSP) and its potential implications. In an interview with the news agency ANI, he expressed his views, stating,

Reported Consolidated quarterly numbers for Relic Life Science are: Net Sales at Rs 0.42 crore in December 2023 up 14.95% from Rs. 0.37 crore in December 2022. Quarterly Net Loss at Rs. 0.06 crore in December 2023 down 224.75% from Rs. 0.05 crore in December 2022. EBITDA stands at Rs. 0.00 crore in December 2023 down 100% from Rs. 0.08 crore in December 2022.

The rupee consolidated in a narrow range and depreciated by 2 paise to close at 83.04 (provisional) against the US dollar on Thursday, tracking a strong American currency and elevated crude oil prices in the international market. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on the rupee. However, positive domestic markets cushioned the downside.

Reported Consolidated quarterly numbers for Nimbus Projects are: Net Sales at Rs 0.02 crore in December 2023 down 98.35% from Rs. 1.25 crore in December 2022. Quarterly Net Loss at Rs. 3.14 crore in December 2023 down 139.19% from Rs. 8.02 crore in December 2022. EBITDA stands negative at Rs. 1.80 crore in December 2023 down 120.88% from Rs. 8.62 crore in December 2022.

In the December 2023 quarter, Repco Home Finance reported a 18.44% increase in net sales at Rs. 387.30 crore and a 25.06% increase in net profit at Rs. 104.01 crore. EBITDA also saw a growth of 20.63%, while EPS increased from Rs. 13.29 to Rs. 16.63. Over the last 6 months, the company's shares have risen by 27.

The RBI has asked Visa to stop its BPSP solution, which allowed small businesses to accept credit card payments without a terminal. This arrangement was not authorized under the PSS Act and did not comply with KYC requirements. The regulator is concerned about who the end users are and the purpose of the payments. Further guidelines may be needed, but the business will likely resume.

The Department of Revenue has invited applications for appointment to the posts of the Judicial Members, Technical Members (Centre) and Technical Member (State) in Principal Bench and States Benches of GST Appellate Tribunal (GSTAT), the Finance Ministry said in a statement. Eligible candidates are required to apply online and application portal would be accessible from February 19 until 5 pm.