Inflows into Senior Citizen Savings Scheme (SCSS) have surged to over two times during the current fiscal. During the same time, mobilisation through the Monthly Income Scheme has risen up by four times, reported Business Line.“As of early February, collection through SCSS was around ₹90,000 crore. It was over ₹37,000 crore during FY23.

Nifty 50 rebounded after two days of correction and formed a Bullish Engulfing candlestick pattern on the daily charts on Feb 27, but overall, it has been in a range of 21,950-22,300. Hence, the index needs to break the range on either side to get into a firm direction, experts said, adding if the index decisively manages to surpass 22,300 then 22,500 is the level to watch out on the higher side.

Platinum Industries IPO : The issue opened for subscription on Tuesday, February 27 and will close on Thursday, February 29.Platinum Industries IPO price band has been fixed in the range of ₹162 to ₹171 per equity share of face value of ₹10. Platinum Industries IPO lot size is 87 equity shares and in multiples of 87 equity shares.

Hindustan Zinc on Feb 26 incorporated a subsidiary, Hindmetal Exploration Services, to develop strategic, deep-seated and offshore minerals. On Tuesday, HZL's scrip on BSE closed trading 0.2% lower at Rs 309.7. Hindmetal Exploration Services will look at systematic exploration of all types of mineral deposits and participate in auctioning of mining blocks containing critical minerals, said HZL.

The shares of Juniper Hotels will debut at the bourses on Wednesday. Ahead of the listing, the company's shares have been trading with a premium of Rs 0 in the unlisted market.If the current trends are sustained, the stock is expected to see a flat or even discounted listing.However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stack!

The market snapped a two-day losing streak to end higher on February 27, helped by gains in heavyweights. The Sensex ended 305.09 points, or 0.42 percent, up  at 73,095.22, and the Nifty gained 76.30 points, or 0.34 percent, to close at 22,198.30. About 1,340 shares advanced, 1,968 declined and 72 were unchanged. TCS, CMP Rs 4,100.5, Shares of TCS gained 2.49 percent after global brokerage.

Insolare Energy, a renewable energy solutions company which provides wind services for onshore and offshore projects, has raised Rs 66.5 crore in its pre-initial public offering (IPO) round. The deal values the company in the range of Rs 200-Rs 250 crore, sources said. Noted value investor Mukul Agarwal is among the individual investors who put money in the green energy company.

Shares of Havells India surged by 4%, reaching a 52-week high of ₹1,482. This notable increase came after Goldman Sachs upgraded the rating for the wires and cables manufacturer from "neutral" to "buy." Alongside the rating upgrade, the global brokerage also raised the price target for Havells to ₹1,660 from ₹1,540, indicating an upside potential of 17% from the previous session's closing price.

Reported Consolidated quarterly numbers for Media Matrix Worldwide are:Net Sales at Rs 197.43 crore in December 2023 down 38.57% from Rs. 321.36 crore in December 2022.Quarterly Net Profit at Rs. 1.30 crore in December 2023 up 131.22% from Rs. 0.56 crore in December 2022.EBITDA stands at Rs. 3.58 crore in December 2023 down 19.91% from Rs. 4.47 crore in December 2022

Reported Consolidated quarterly numbers for PC Jeweller are:Net Sales at Rs 40.06 crore in December 2023 down 95.31% from Rs. 854.31 crore in December 2022.Quarterly Net Loss at Rs. 197.98 crore in December 2023 down 223.92% from Rs. 61.12 crore in December 2022.EBITDA stands negative at Rs. 69.64 crore in December 2023 down 207.35% from Rs. 64.87 crore in December 2022.

Reported Consolidated quarterly numbers for Aryaman Financial Services are:Net Sales at Rs 16.73 crore in December 2023 down 32.5% from Rs. 24.79 crore in December 2022.Quarterly Net Profit at Rs. 5.16 crore in December 2023 up 19.44% from Rs. 4.32 crore in December 2022.EBITDA stands at Rs. 9.25 crore in December 2023 up 20.29% from Rs. 7.69 crore in December 2022.

Reported Consolidated quarterly numbers for Ushdev International are:Net Sales at Rs 1.72 crore in December 2023 up 27.21% from Rs. 1.35 crore in December 2022.Quarterly Net Loss at Rs. 1.82 crore in December 2023 up 79.99% from Rs. 9.09 crore in December 2022.EBITDA stands negative at Rs. 0.02 crore in December 2023 up 99.73% from Rs. 7.29 crore in December 2022.

The aim is to go to the market with an initial public offering in the next fiscal and NTPC Green Energy is certainly looking at that, says Mohit Bhargava, CEO of the company in a recent conversation with CNBC TV-18. "We are in the process of appointing the merchant bankers and as we see, it's about an eight to nine-month cycle from where we are today, at least, if we are able to finally hit the...

Volkswagen Group-owned Skoda's Indian unit on Tuesday said it will launch a SUV by the second half of 2025 as it looks to take on larger rivals Tata Motors and Hyundai in the country's fastest-growing segment. The new SUV, slated to be Skoda's entry-level offering in India, will be aimed at cost-conscious city and small town buyers.

Reported Consolidated quarterly numbers for Palash Securities are: Net Sales at Rs 8.87 crore in December 2023 down 28.38% from Rs. 12.38 crore in December 2022. Quarterly Net Loss at Rs. 2.31 crore in December 2023 up 59.21% from Rs. 5.67 crore in December 2022. EBITDA stands negative at Rs. 2.52 crore in December 2023 up 44.98% from Rs. 4.58 crore in December 2022.