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.

Waaree Renewable Technologies, the Waaree Group's solar EPC arm, recorded a 5% surge in its shares as it secured a contract worth ₹990.60 crore from a leading renewable energy firm. With this new order, the company saw its unexecuted order book rise to 2.141 GW, leading to a remarkable growth of 626% in its share price over the past year. The company also reported a solid financial performance.

The UPI has revolutionized the way NRIs send money to India. It simplifies the process, reduces costs, and provides enhanced security measures. To use UPI, NRIs need an NRO or NRE account, their foreign mobile number linked to the account, and a UPI-enabled app. They can then start transacting with ease, keeping in mind any transaction limits and regulatory requirements.

The Indian government plans to invite private firms, such as Reliance Industries and Tata Power, to invest $26 billion in the nuclear energy sector. This is a first for New Delhi and aims to increase non-carbon-emitting electricity generation capacity to 50% by 2030. The companies will make investments in new plants and earn revenue from electricity sales, while NPCIL will operate the projects.

GNA Axles reported a decrease in net sales by 11.69% and net profit by 37.21% in December 2023 compared to December 2022. The EBITDA also decreased by 25.05% and EPS declined to Rs. 5.23 from Rs. 16.67 over the same period. The company's shares have given negative returns of -57.30% in the last 6 months and -53.43% in the last 12 months.

Arm Holdings, a British semiconductor designer, saw its shares double from February 5th to 12th due to speculation about its involvement in the AI boom. However, Arm does not directly produce the highly sought-after AI chips like Nvidia does. Its designs are primarily used in more general-purpose CPUs, so its success in the AI market may take time to materialize.