Mphasis Ltd, an IT company, has seen a 20% increase in stock value in the last 3 months and reached a new high in February 2024. This trend is expected to continue and traders can consider buying the stock for a target above Rs 3000 in the next 2-3 months. The stock has been seeing a consistent upward trajectory since March 2023, with support levels shifting to former resistance levels.

TPTCL and BluSmart have signed a PPA for green power supply to BluSmart's e-vehicle fleet. The partnership will transition BluSmart to a zero-emissions company, sourcing 30 MW of solar energy from Tata Power's plant in Rajasthan. This makes BluSmart the first Indian mobility player to achieve zero emissions. The companies are committed to decarbonizing mobility and promoting clean energy adoption.

Shreyas Shipping reported their consolidated quarterly results for December 2023, showing a decrease in net sales by 37.56% and a decrease in net loss by 143.28% compared to the same period in 2022. EBITDA also saw a decrease of 85.09%. Their stock price closed at Rs. 278.00 on February 20, 2024 (NSE), with -16.80% returns in the last 6 months.

In the December 2023 quarter, Gold Rock Investments saw an increase in net sales to Rs. 1.05 crore, up by 8.44% from the same period in 2022. However, their quarterly net profit decreased by 3.88% to Rs. 0.73 crore and EPS also decreased to Rs. 9.23. Expenses like employee cost and other expenses have also increased from the previous year. This information is sourced from Dion Global Solutions.

Auto demand in Q3FY24 remains strong with Nuvama Institutional Equities reporting a 17% YoY increase in brokerage coverage revenue and a 33% YoY increase in EBITDA. The brokerage has identified Ceat, Escorts Kubota, Tata Motors, Shriram Automall India Limited, Motherson Sumi Wiring India Ltd, and TVS Motor Co Ltd as firms with strong EBITDA growth. They also predict high single-digit growth.

Octal Credit Capital has reported its consolidated quarterly results for December 2023, showing an increase in net sales by 26.65% and a significant increase in net profit by 449.69%. The company's EBITDA has also increased by 400%, resulting in an increase in EPS to Rs.2.12. The share price closed at 17.18 on the BSE, with -11.90% returns over the last 6 months.

Reported Consolidated quarterly numbers for Royal Orchid Hotels are:Net Sales at Rs 81.91 crore in December 2023 up 13% from Rs. 72.49 crore in December 2022.Quarterly Net Profit at Rs. 15.35 crore in December 2023 up 1.12% from Rs. 15.18 crore in December 2022.EBITDA stands at Rs. 29.43 crore in December 2023 up 6.05% from Rs. 27.75 crore in December 2022.Royal Orchid EPS has increased

Capital India Finance saw a slight increase in net sales and a significant increase in EBITDA in Q4 of 2023 compared to the same period in 2022. The company's stock closed at Rs. 135.75 on February 20, 2024 with a 14.12% return over the last 6 months and 55.86% over the last year. Net profit was reported at Rs. 0.29 crore, up by over 100%

MT Educare reported its consolidated quarterly results for December 2023, showing a decrease in net sales at Rs. 10.88 crore and a net loss of Rs. 7.42 crore. The EBITDA also decreased significantly. Over the last 6 months, MT Educare's shares have remained unchanged, while over the last 12 months, they have seen a decline of -17.82%. Promoter shareholding shows no encumbrance.

Key risks for investors considering subscribing to Juniper Hotels' IPO:1. Majority of revenue comes from three hotels in Mumbai and New Delhi2. Two hotels on leased land, potential difficulties in renewing agreements3. Reliance on long-term agreements with Hyatt for branding and operations4. Risks associated with property ownership and development.

BHP is the world's biggest mining company and a major player in producing minerals for clean technology. However, challenges with key ingredients such as nickel and copper highlight the difficulty of transitioning to a greener economy. Despite the essential role of these metals in decarbonizing, the supply for both is falling short of demand and there are limited solutions from BHP.

On February 21, the benchmark Sensex and Nifty indices saw a flat trading session with the Nifty reaching an all-time high in the morning before facing a dip due to corrections in media and IT stocks. However, the market was supported by gains in metal stocks and a record-high BSE market cap of $4.7 trillion, indicating strength. Analysts expect a pre-election rally and are awaiting US FOMC.

A private firm is providing 1,000 advanced LED street lights to the city at no cost, which can adjust illumination based on crowd size. These will be installed in selected areas under the Smart City Mission and will replace existing lights. The lights will be imported from Switzerland and use radar and environment sensors to control illumination. The firm has already replaced 1.05 lakh street.

The IPO market in India is seeing strong returns for investors, with majority of companies experiencing massive gains on listing day. One such recent example is Vibhor Steel, which saw its shares surge by over 190% on debut, reflecting the strong demand for IPOs. The company has a solid subscription rate of almost 300 times, making it the first IPO of 2024 to achieve such a high demand.

The global tightening cycle has ended and interest rates have stabilized, giving investors a chance to reassess their fixed-income portfolios. The current yields present an opportunity for investors to increase their exposure to fixed income as slowing growth and moderating inflation are likely to lead to rate cuts in 2024. While bond markets may react early.