✅ Amid positive global cues, benchmark indices closed on a positive note today. 📢 At 3:30 PM, the Sensex improved by 349.24 points or 0.48% at 73,057.40, and the Nifty was up 74.70 points or 0.34% at 22,196.95. 📊Among sectoral, Nifty Bank (⬆️1.20%) turned out to be the best performer while Nifty IT (⬇️0.87%) saw considerable selling.

Majestic Auto reported strong financial results in the fourth quarter of December 2023, with net sales increasing by 24.06% to Rs. 14.97 crore and quarterly net profit skyrocketing by 596.07% to Rs. 7.31 crore compared to the same period in 2022. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) also saw a significant increase of 131.01%.

In December 2023, Shri Vasuprada Plantations reported decrease in net sales at Rs. 35.43 crore and increase in net profit at Rs. 8.74 crore compared to December 2022. EBITDA also decreased by 37.5% to Rs. 0.80 crore. The EPS increased from Rs. 8.94 to Rs. 10.57. The company's shares closed at Rs. 95.00 on February

Green corporate bonds saw a sharp decline of 47% in the current financial year due to lack of interest from investors and little incentive for issuers. Only two issuers, Kerala Infrastructure Investment Fund Board and Ahmedabad Municipal Corporation, raised funds through green bonds worth Rs 500 crore this fiscal year, compared to Rs 2,677 crore last year. Experts blame low greenium.

Flexi-cap mutual fund schemes allow investors to invest in large, mid, and small-cap stocks and adjust allocations based on market conditions. This makes them popular among those seeking diversification and willing to navigate market fluctuations. Large-cap companies are well-established with strong financials, mid-cap companies offer growth potential but are riskier, and small-cap companies.

RACL Geartech, a company engaged in the manufacturing of gears and gearboxes, reported its consolidated quarterly results for December 2023. The company saw an increase in net sales by 17% to Rs. 113.34 crore, while quarterly net profit also increased slightly by 0.41%, reaching Rs. 12.02 crore. EBITDA showed a growth of 8.36%, standing at Rs. 28.78 crore.

Reported Consolidated quarterly numbers for Hindustan Foods are: Net Sales at Rs 729.15 crore in December 2023 up 7.45% from Rs. 678.62 crore in December 2022. Quarterly Net Profit at Rs. 22.03 crore in December 2023 up 29.08% from Rs. 17.07 crore in December 2022. EBITDA stands at Rs. 57.92 crore in December 2023 up 28.63% from Rs. 45.03 crore in December 2022.

Rane Holdings, a company operating in the automotive industry, reported their financial results for the December 2023 quarter. Their net sales decreased by 4.26% and net profit decreased by 4.91% compared to the same quarter last year. EBITDA also decreased by 13.7%. The company's earnings per share (EPS) also decreased from Rs. 28.69 to Rs. 27.28.

HB Portfolio reported a significant decline in net sales and a higher net loss for the quarter ending December 2023 compared to the same period last year. EBITDA also showed a negative trend. The company's stock price has increased by 78.53% in the past 6 months and 101.19% in the past 12 months. Promoters and promoter group do not have any pledged shares or encumbrances.

Prism Finance reported strong standalone quarterly numbers for December 2023, with an increase of 108.6% in net sales at Rs. 2.99 crore and a 112.77% rise in net profit to Rs. 2.55 crore. EBITDA also saw a significant growth of 129.75%. This has led to an increase in EPS to Rs. 3.93. The company's shares have given 142.83% returns over the last

SBEC Sugars reported a consolidated net sales of Rs. 144.10 crore for December 2023, down 4.87% from the previous year. The company also had a quarterly net loss of Rs. 2.19 crore, up 77.3%, while EBITDA increased by 1317.39%. SBEC Sugars shares closed at 38.35 on February 19, 2024 and have had a 9.51% return over last 6 months.

Joindre Capital has reported strong standalone quarterly numbers for December 2023, with a 48.96% increase in net sales and a 152.44% rise in net profit. EBITDA also saw a significant jump of 124.17%. EPS has increased to Rs. 1.35 from Rs. 0.53 in the same quarter last year. The stock closed at 58.99 on February 19, 2024, showing a 76.83.

India plans to invite private firms to invest $26 billion into its nuclear energy sector to increase use of non-carbon-emitting sources by 2030. Talks with companies such as Reliance Industries and Adani Power are ongoing, with hopes of building 11,000 MW of new capacity by 2040. Private firms will make investments but NPCIL will operate the plants and fuel management.

On February 20, Indian benchmark indices Nifty and Sensex traded with slight gains after erasing initial losses. This was supported by banking and media stocks. Experts suggest that there may be continued rangebound momentum due to the absence of immediate triggers and increased volatility. Sensex and Nifty saw a marginal increase, while broader markets saw some profit-booking.

Unitech International reported its standalone quarterly results for December 2023, with net sales of Rs. 0.66 crore, down 86.91% from the previous year. The company also reported a net loss of Rs. 0.72 crore, an increase of 46.47%. EBITDA was negative at Rs. 0.29 crore, down 31.82% from the previous year. The company's stock closed at 6.70 on February.