Reported Consolidated quarterly numbers for Antony Waste Handling Cell are: Net Sales at Rs 217.15 crore in December 2023 down 0.17% from Rs. 217.53 crore in December 2022. Quarterly Net Profit at Rs. 12.80 crore in December 2023 up 6.69% from Rs. 12.00 crore in December 2022. EBITDA stands at Rs. 49.73 crore in December 2023 up 45.15% from Rs. 34.26 crore in December 2022.

The unexpected surge in US inflation has raised doubts about earlier expectations for multiple rate cuts by the Federal Reserve, with a likely reduction to come later in the year. This has caused some market exuberance to wane, as investors reassess the potential impact on interest rates and equity markets. It remains to be seen if the Fed will stick to their projection of three rate cuts.

February tends to be a weak month for the Nifty 50, with the benchmark index ending the month in the red in eight of the last 13 years. In the other five years, Nifty returns have been at a modest 1-3 percent in February. While historically January-March is a weak quarter for the market, February has been the weakest among them over the years.

Beverage major Coca-Cola has said it will re-invest a “significant portion” of its capital investment increase to build capacity for its India business, and in Fairlife, an American brand of dairy drinks.“Driven by our underlying cash flow generation and current balance sheet strength, we have ample flexibility to both reinvest in our business to drive growth and return capital .

Jefferies raised Apollo Hospital's target stock price by 13%, keeping a "Buy" rating. The company's commitment to increasing hospital occupancy and improving operating profit has led to positive projections for future growth. However, revised estimates show a lower operating margin for FY25 due to reduced margins in hospitals. Despite this, Apollo's management expects an improvement.

Adani Green Energy Limited (AGEL) is developing a 30GW renewable energy plant in Khavda, India, which will be the world’s largest upon completion. It will generate ~81 billion units of electricity annually, enough to power 16.1 million homes and prevent 58 million tonnes of CO2 emissions each year. The company plans to expand its operational portfolio to 9,029 MW.

Mahindra & Mahindra's standalone net profit surged 60 percent yoy to Rs 2,454 crore helped by healthy revenue growth. Revenue for the fiscal third quarter grew 16 percent on-year to Rs 25642 crore. The company’s results exceeded analysts’ expectations. As per the average estimates of five brokerage firms, the company’s standalone net profit was expected to rise 45 per cent YoY

The Bank Nifty index witnessed a rebound of 750 points or 1.6 percent on February 14, trading above 45,600 points on the day of weekly expiry. This was led by gains in State Bank of India (SBI), Axis Bank, and ICICI Bank. Public sector banks have been in the spotlight after the budget proposed a lower borrowing program and reduced fiscal deficit target for FY25.

Reported Standalone quarterly numbers for Loyal Textiles Mills are: Net Sales at Rs 204.17 crore in December 2023 down 28.44% from Rs. 285.31 crore in December 2022. Quarterly Net Loss at Rs. 7.06 crore in December 2023 up 62.38% from Rs. 18.77 crore in December 2022. EBITDA stands at Rs. 9.97 crore in December 2023 up 248.14% from Rs. 6.73 crore in December 2022.

Reported Standalone quarterly numbers for Vardhman Polytex are: Net Sales at Rs 60.81 crore in December 2023 down 34.59% from Rs. 92.97 crore in December 2022. Quarterly Net Profit at Rs. 5.31 crore in December 2023 down 67.84% from Rs. 16.52 crore in December 2022. EBITDA stands negative at Rs. 14.65 crore in December 2023 up 15.9% from Rs. 17.42 crore in December 2022.

Reported Standalone quarterly numbers for Modern Thread (India) are: Net Sales at Rs 74.94 crore in December 2023 down 9.29% from Rs. 82.62 crore in December 2022. Quarterly Net Profit at Rs. 7.10 crore in December 2023 down 0.41% from Rs. 7.13 crore in December 2022. EBITDA stands at Rs. 8.96 crore in December 2023 down 0.67% from Rs. 9.02 crore in December 2022.

Reported Standalone quarterly numbers for Radiant Cash Management Services are: Net Sales at Rs 100.41 crore in December 2023 up 8.11% from Rs. 92.88 crore in December 2022. Quarterly Net Profit at Rs. 12.03 crore in December 2023 down 29.37% from Rs. 17.02 crore in December 2022. EBITDA stands at Rs. 18.07 crore in December 2023 down 23.88% from Rs. 23.74 crore in December 2022.

India's Reliance Industries becomes the first listed Indian company to reach a market capitalization of Rs 20 lakh crore, solidifying its presence in telecom, retail, and oil sectors. Chairman Mukesh Ambani is now Asia's wealthiest individual with a net worth of $109 billion. RIL's market cap puts it in the top 50 global companies, surpassing industry giants like Netflix and Accenture.

The initial public offering of luxury hotel developer Juniper Hotels, which runs some properties under the Hyatt chain in India, will be open for subscription from February 21 to 23. The price band for the Rs 1,800-crore issue will be announced at a later date. As per the red-herring prospectus, 10 percent of the issue size will be reserved for retail investors.

SpiceJet shares fell over 4% to Rs 62.9 in Wednesday's intraday trade on BSE as investors remain apprehensive about fund infusion. The cash-strapped budget airline is short on liquidity, and investors are apprehensive about fund infusion, CNBC-TV18 said, citing sources. Additionally, the airline company has also delayed salary payments to many of its employees.