Reported Standalone quarterly numbers for Shiva Texyarn are: Net Sales at Rs 76.14 crore in December 2023 down 19.66% from Rs. 94.78 crore in December 2022. Quarterly Net Loss at Rs. 7.40 crore in December 2023 up 20.88% from Rs. 9.35 crore in December 2022. EBITDA stands at Rs. 2.79 crore in December 2023 up 284.77% from Rs. 1.51 crore in December 2022. Shiva Texyarn shares closed at 172.35.

Japanese shares hit a 34-year high, global stocks up for third week. Yen at two-month low, AUD and NZD move in opposite directions. China's mainland markets closed, Hang Seng down amid fears of no support from authorities. Japan's Nikkei rises with weak yen. SoftBank, Nissan shares, Boral all have gains or losses. Brent crude futures on course for weekly gain.

Paytm is close to winning India’s approval to invest in its key payments gateway arm, a decision which has been pending for two years and which would give the troubled fintech company some respite. The government grew more supportive of the investment after Paytm’s Chinese shareholder Ant Group Co. lowered its stake in the Indian firm, people familiar with the matter said.

Kacholia acquired about 3.16 lakh shares in the company for about Rs 7.12 crore, according to exchange data. Following the stake buy, Megatherm shares rallied 5% and were locked in the upper circuit on Friday. Shares of Megatherm Induction listed with a massive premium of 108% earlier this week. Post the debut, the stock jumped further and is currently trading at Rs 252 apiece.

Reported Standalone quarterly numbers for SML Isuzu are: Net Sales at Rs 386.13 crore in December 2023 up 17.81% from Rs. 327.75 crore in December 2022. Quarterly Net Profit at Rs. 2.68 crore in December 2023 up 2161.54% from Rs. 0.13 crore in December 2022. EBITDA stands at Rs. 22.77 crore in December 2023 up 38% from Rs. 16.50 crore in December 2022.

In December 2023, Ashoka Refineries reported a decrease in net sales by 37.44% and an increase in quarterly net profit by 218.18% compared to the same period in 2022. EBITDA also increased by 200%, resulting in a higher EPS of Rs. 0.03. The company's shares closed at Rs. 4.54 on January 18, 2024 with a decline of -6.20%.

Reported Standalone quarterly numbers for Advance Multitech are: Net Sales at Rs 2.04 crore in December 2023 up 3.7% from Rs. 1.97 crore in December 2022. Quarterly Net Profit at Rs. 0.83 crore in December 2023 down 32.25% from Rs. 1.23 crore in December 2022. EBITDA stands at Rs. 0.98 crore in December 2023 down 34.67% from Rs. 1.50 crore in December 2022.

Reported Standalone quarterly numbers for Pan Electronics (India) are: Net Sales at Rs 0.55 crore in December 2023 up 99.95% from Rs. 0.27 crore in December 2022. Quarterly Net Loss at Rs. 0.48 crore in December 2023 up 60.93% from Rs. 1.22 crore in December 2022. EBITDA stands negative at Rs. 0.27 crore in December 2023 up 65.38% from Rs. 0.78 crore in December 2022.

Reported Standalone quarterly numbers for Caplin Point Laboratories are: Net Sales at Rs 132.83 crore in December 2023 up 1.71% from Rs. 130.60 crore in December 2022. Quarterly Net Profit at Rs. 55.45 crore in December 2023 down 6.29% from Rs. 59.17 crore in December 2022. EBITDA stands at Rs. 81.22 crore in December 2023 up 0.43% from Rs. 80.87 crore in December 2022.

Reported Standalone quarterly numbers for WS Industries are: Net Sales at Rs 110.39 crore in December 2023 up 342.55% from Rs. 24.94 crore in December 2022. Quarterly Net Profit at Rs. 13.91 crore in December 2023 up 134.78% from Rs. 5.93 crore in December 2022. EBITDA stands at Rs. 15.63 crore in December 2023 up 282.15% from Rs. 4.09 crore in December 2022.

Reported Standalone quarterly numbers for Mercantile Ventures are: Net Sales at Rs 7.93 crore in December 2023 up 40.34% from Rs. 5.65 crore in December 2022. Quarterly Net Profit at Rs. 1.49 crore in December 2023 down 33.72% from Rs. 2.24 crore in December 2022. EBITDA stands at Rs. 2.01 crore in December 2023 down 39.27% from Rs. 3.31 crore in December 2022.

Crypto lender Genesis Global has settled a lawsuit that the New York Attorney General Letitia James brought against its parent company Digital Currency Group & crypto firm Gemini Trust Co last year. The lawsuit was for allegedly defrauding investors of over $1 billion. By doing so the company has eliminated a major legal burden amidst its bankruptcy proceedings.

Reported Standalone quarterly numbers for Diamond Power Infrastructure are: Net Sales at Rs 59.96 crore in December 2023 up 4345.64% from Rs. 1.35 crore in December 2022. Quarterly Net Loss at Rs. 5.28 crore in December 2023 up 65.83% from Rs. 15.45 crore in December 2022. EBITDA stands at Rs. 3.06 crore in December 2023 up 126.98% from Rs. 11.34 crore in December 2022.

Grasim Industries has started the trial run for three plants of its paints business - Birla Opus – and is on track to launch the operations in the current quarter.The Aditya Birla group company announced its foray into this business in 2021 with an investment of Rs 10,000 crore, and intends to be the second largest player in the country over the next few years.

Domestic benchmark indices, Sensex and Nifty 50, are expected to rebound from a two-day losing streak due to gains in banking stocks. However, experts believe that the markets will trade sideways in the near-term without immediate triggers. The fear gauge India VIX has cooled off while mid-and smallcaps may undergo bouts of profit-booking due to end of financial year.