Krsnaa Diagnostics' Q3 net profit saw a 4.4% decline due to increased expenses for project implementation. EBITDA margins also contracted from 25% to 24%. Despite this, the company's revenue grew 34% year-on-year. It was also chosen for multiple MRI and CT scan contracts in Maharashtra and Madhya Pradesh, as well as a contract for HPLC tests in 21 districts of Maharashtra.

Rupee ended little changed yesterday ahead of Inflation data from India and US. Further, rupee gave up most of its early gains amid uptick in dollar, surge in crude oil prices and risk aversion in the domestic market. Data showed India’s inflation eased to 5.1% in January. USDINR Feb likely to slip towards 82.85 levels as long as it sustains below 83.15 levels.

Government bond yields rose slightly, with the focus on U.S. inflation data. Retail inflation in India dipped and core inflation is expected to decrease. RBI plans to continue meeting the medium-term inflation target of 4%. Real rates are rising and the Fed may start cutting interest rates from June onwards. Traders are also anticipating state and central government debt auctions later this week.

Bitcoin (BTC) crossed the $50,000 mark on 12th February, reaching its peak since December 2021. This rise is likely due to rising confidence & enthusiasm of investors surrounding inflows from spot Bitcoin exchange-traded funds (ETFs), & the Bitcoin halving event that is anticipated in April. This price surge also saw a session high of $50,188, giving investors a remarkable single day gain of 4%.

On February 13, shares of NMDC, Union Bank, and BHEL declined despite being included in the MSCI Global Standard Index due to overall market sentiment. In the past three months, these stocks saw a rally, making them eligible for inclusion. However, after the final results were announced, profit-booking caused their prices to drop. The BSE PSU index also dropped by Rs 6.4 lakh crore.

Apeejay Surrendra Park Hotels saw a 31% increase in its stock on debut day, despite market corrections. The strong IPO subscription, positive financial performance, and expected growth in the tourism sector may have contributed to the successful listing. The hotel chain raised Rs 920 crore through its IPO and has shown significant profit and revenue growth in the past year.

RBI Governor Shaktikanta Das stated that there will be no review of the actions taken against Paytm Payments Bank Ltd. The central bank will release an FAQ addressing customer concerns in a few days. Das clarified that the RBI supports the fintech sector, but customer interest and financial stability are top priorities. On January 31, the RBI imposed restrictions on PPBL's operations.

Benchmark indices closed lower on February 12 as pressure on PSU bank, realty and FMCG names weighed down the market. Sensex closed 0.73% lower at 71,072.49 and Nifty was down 0.76% at 21,616. Bandhan Bank fell 7.68%, Bharat Forge dropped 13.92%, and SpiceJet fell 4.46%. EaseMyTrip stock also fell 4.4%.

Edtech investing firm GSV Ventures plans to make follow-on investments in their Indian portfolio companies this year, according to Managing Partner Deborah Quazzo. Despite challenges in the sector, she remains optimistic about the Indian edtech market and its potential for growth. With a focus on global edtech startups, GSV Ventures has invested in 11 Indian companies and manages $800 million.

On Monday, the Indian rupee gained 7 paise against the US dollar, closing at 83. This was due to a weaker dollar and lower crude oil prices. However, domestic markets and foreign fund outflows limited the gains. The rupee is expected to remain slightly positive with support from global equities and a weaker dollar. The upcoming CPI and IIP data will be important for traders.

State-owned NHPC's shares plummeted 16 percent after posting a 19 percent decrease in consolidated net profit for the December quarter. Their stock ended at Rs 81.03 on the BSE and Rs 98.45 on the NSE, with a high trading volume. NHPC reported a net profit of Rs 628.44 crore, down from Rs 775.99 crore, due to higher expenses. Total income also fell to Rs 2,549.69 crore.

Shares of Dr Reddy's Laboratories Limited rose 3% on February 12 after the US FDA cleared their Bachupally facility with a voluntary action needed status. This classification allows the facility to manufacture and market products. Despite previous concerns, analysts had anticipated a warning letter, but the company clarified that they responded to observations promptly. In Q3 results.

Kedia Construction reported a standalone net sales of Rs 0.04 crore in December 2023, down 40% from the same period last year. The quarterly net loss also decreased by 114.16% to reach Rs 0.00 crore. EBITDA was at Rs 0.00 crore, a decrease of 100%, and shares closed at Rs 2.45 on November 29, 2017. The company's expenses, including raw materials.

Nila Infrastructures has reported standalone quarterly numbers for December 2023, with net sales of Rs. 34.40 crore, up 21.17% from the same period in 2022. Their net profit also increased by 391.1%, with an EPS of Rs. 0.08. The company's shares have seen a 160.19% return over the last 6 months and 116.13% over the last 12 months.

Omaxe reported a strong quarter in December 2023, with net sales increasing by 54.99% and net loss decreasing to Rs. 36.45 crore. EBITDA remained negative but improved by 67.49%. The company's shares closed at Rs. 107.65 on February 09, 2024, showing returns of 131.26% over the last 6 months and 78.97% over the last 12 months.