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.

In December 2023, EID Parry (India) reported a decrease in net sales of 21.65% and a decrease in net profit of 52.88% compared to the same period in 2022. Its EBITDA also decreased by 45.83%, resulting in a decline in EPS from Rs. 14.14 to Rs. 6.66. The company's shares closed at 598.80 on February 19, 2024,

Jamna Auto Industries reported a 2.2% increase in net sales and a 33.62% increase in net profit for the December quarter of 2023 compared to the same period in 2022. The company's EBITDA also increased by 31.16%. EPS rose from Rs. 1.03 to Rs. 1.38. On February 19, 2024, Jamna Auto shares closed at Rs. 114.95 (BSE),

Reported Consolidated quarterly numbers for Rico Auto are: Net Sales at Rs 523.52 crore in December 2023 down 4.55% from Rs. 548.46 crore in December 2022. Quarterly Net Profit at Rs. 10.04 crore in December 2023 up 1.11% from Rs. 9.93 crore in December 2022. EBITDA stands at Rs. 62.86 crore in December 2023 up 9.55% from Rs. 57.38 crore in December 2022.

UNO Minda has reported strong quarterly numbers in December 2023, with a 20.83% increase in net sales and a 19.43% increase in net profit compared to the same period in 2022. The company's EPS has also increased, resulting in a boost in share prices. However, expenditure and taxes have increased as well. Promoters and promoter groups hold unencumbered shares in the company.

Talbros Automotive Components reported a 25.36% increase in net sales of Rs. 198.74 crore in December 2023, compared to the same period in 2022. The quarterly net profit also showed significant growth of 65.58%, with EBITDA increasing by 39.55%. However, EPS decreased from Rs. 11.13 in December 2022 to Rs. 3.69 in December 2023.

In the December 2023 quarter, Gujarat Fluorochemicals Limited reported a decrease in net sales by 30.06% and net profit by 75.69%, as well as a decrease in EPS from Rs. 30.09 to Rs. 7.29 compared to the same period in 2022. The company's EBITDA also saw a decline of 59.72% and the stock price closed at Rs. 3,484.75 on NSE

Nagarjuna Fertilisers & Chemicals reported quarterly results with declining net sales at Rs. 1,207.90 crore and a net loss of Rs. 150.12 crore in December 2023. Its EBITDA also decreased to negative Rs. 31.82 crore. The company's stock closed at Rs. 13.15 on February 19, 2024 (NSE), showing a positive return of 43.72% over the last 6 months.

SKM Egg Products Export (India) reported a decline in their consolidated quarterly numbers for December 2023. Net sales decreased by 15.85% to Rs. 152.93 crore from the same period in 2022. Net profit also decreased by 56.92% to Rs. 11.71 crore, while EBITDA decreased by 49.03% to Rs. 20.98 crore. The company's EPS also dropped from Rs. 10.

Mangalam Seeds reported its quarterly consolidated numbers with a 148.38% increase in net sales at Rs 52.29 crore in Dec 2023 compared to Rs 21.05 crore in Dec 2022. The net profit also increased by 63.28% to Rs 5.23 crore, and EPS saw an increase from Rs 2.85 to Rs 4.76. The company's stock closed at Rs 333.50 on BSE.

Jagatjit Industries has reported its quarterly numbers for December 2023, showing a 23.41% increase in net sales at Rs. 150.39 crore and a decrease of 84.58% in net profit at Rs. 0.62 crore compared to December 2022. Its EBITDA also fell by 35.31% to Rs. 9.62 crore. The company's EPS dropped from Rs. 0.93.