PPAP Automotive reported its quarterly results, with net sales down 3.75% and a net loss of Rs. 2.67 crore in December 2023. However, EBITDA showed a 4.11% increase compared to the previous quarter. Its shares closed at Rs. 215.30 on February 19, 2024 and have shown a 1.01% return over the last 6 months and 9.93% over the last 12 months.

In December 2023, IOL Chemicals and Pharmaceuticals reported a decrease in net sales and net profit compared to the same period in 2022. However, EBITDA increased by 6.87%. The company's EPS also decreased. Its shares closed at Rs. 430.05 on February 19, 2024, showing a growth of 16.92% over the past 6 months and 37.51% over the last 12 months.

Reported Consolidated quarterly numbers for Mawana Sugars are: Net Sales at Rs 325.99 crore in December 2023 down 32.34% from Rs. 481.84 crore in December 2022. Quarterly Net Profit at Rs. 17.61 crore in December 2023 up 231.83% from Rs. 5.31 crore in December 2022. EBITDA stands at Rs. 41.62 crore in December 2023 up 105.73% from Rs. 20.23 crore in December 2022.

Sandhar Technologies reports positive financial results for December 2023, with a 23.11% increase in net sales, 28.21% increase in net profit, and a 34.17% increase in EBITDA. Their EPS has also increased from Rs. 3.28 to Rs. 4.21. The company's shares have seen significant growth, with a 56.71% return over the last 6 months.

Minolta Finance reported positive standalone quarterly numbers in December 2023, with a 90.01% increase in net sales and a 14.85% increase in net profit compared to the same period in 2022. However, EBITDA remained stagnant and EPS decreased to Rs. 0.01. The company's stock closed at 7.50 on February 19, 2024, with negative returns of -43.18% over the last 6 months.

Reported Consolidated quarterly numbers for Berger Paints India are: Net Sales at Rs 2,881.83 crore in December 2023 up 6.99% from Rs. 2,693.59 crore in December 2022. Quarterly Net Profit at Rs. 299.65 crore in December 2023 up 49.12% from Rs. 200.94 crore in December 2022. EBITDA stands at Rs. 498.98 crore in December 2023 up 38.4% from Rs. 360.53 crore in December 2022.

Haryana Capfin's standalone quarterly numbers show a positive trend in December 2023, with an increase of 43.41% in net sales, 104.45% in net profit, and 76.47% in EBITDA. The company's EPS has also doubled from December 2022. Their shares have seen significant growth in the past 6 months and 12 months. Promoter shareholding is non-encumbered.

Transwarranty Finance reported standalone quarterly numbers for December 2023, with a net sales of Rs. 1.36 crore and a net loss of Rs. 0.40 crore. This marks a 0.69% increase in net sales and a 55.03% increase in net loss compared to the same period in December 2022. The company's EBITDA also saw an 80.49% increase, standing at Rs. 0.74 crore.

The reported standalone quarterly numbers for J J Finance Corporation show growth in key areas. Net sales increased by 67.79%, net profit by 92.44%, EBITDA by 77.78%, and EPS has doubled from December 2022 to December 2023. The company's stock has also performed well, with a 83.51% return over the last 6 months and a 33.06% return over the last 12 months.

ICICI Bank's share price has seen a decent increase of 14% since November, but has slightly underperformed compared to the Nifty 50. The bank reported a 23.5% increase in net profit for Q3 and has a strong credit growth outlook. Technical analysts predict a bullish trend with targets between ₹1,100-1,300, while fundamental analysts recommend buying at the current valuation.

Renault India has partnered with BLS E-Services to increase the availability and accessibility of their vehicles in rural areas. The collaboration will leverage BLS's extensive network to promote and sell Renault's cars in these regions. This alliance aims to tap into the potential of the rural market and provide customers with Renault's made-in-India cars designed for their unique preferences.

Shares of Power Grid Corporation rose 4% after its board approved a Rs 656-crore investment for electricity transmission projects. Bernstein has an 'outperform' view on the stock with a target of Rs 315, citing potential growth areas and regulatory support. The stock is currently trading at Rs 288.15, close to its 52-week high. Other brokerages also have positive outlooks due to power demand.

Paradeep Phosphates reported a decline in consolidated quarterly results in December 2023, with a decrease in net sales by 41%, net profit by 39.6%, and EBITDA by 22.84% compared to the same period in December 2022. The company's EPS also decreased from Rs. 2.21 to Rs. 1.34. However, their stock has shown positive returns of 24.64% in the last 6 months.

Waaree Renewable Technologies has secured a Rs 990.6 crore order to work on a 980 MWp solar project from a top renewable energy firm in India. The company received a letter of award for EPC work, adding to its current unexecuted order book of 2.141 GW. The project must be completed within 12 months as per the LOA.

Edible oil prices are under pressure due to weak China demand and favorable weather in Argentina and Brazil, Soyabean & Sunflower oil trade at discount for 1st time in an year. Catch Manisha Gupta in conversation with Dr. B.V. Mehta, the Executive Director of The Solvent Extractors' Association of India.