Purv Flexipack IPO has opened for subscription on Tuesday, February 27, and will close on Thursday, February 29. The IPO price band has been set in the range of ₹70 to ₹71 apiece of face value of ₹10 each. Purv Flexipack IPO lot size consists of 1,600 shares. Investors can bid for a minimum of 1,600 shares and in multiples thereof. Purv Flexipack IPO has reserved not more than 50%.

Aegon Life Insurance on February 26 announced that Bandhan Financial Holdings (BFHL) has completed acquisition of the digital life insurance company from Aegon India Holding B.V. and Bennett, Coleman & Company Limited, marking a strategic move into the insurance market. "The transition to BFHL ensures the continuation of Aegon Life's legacy of innovation and customer-centric approaches.

Reported Consolidated quarterly numbers for Gennex Laboratories are: Net Sales at Rs 19.14 crore in December 2023 up 37.77% from Rs. 13.90 crore in December 2022. Quarterly Net Profit at Rs. 2.76 crore in December 2023 up 154.89% from Rs. 1.08 crore in December 2022. EBITDA stands at Rs. 4.79 crore in December 2023 up 163.19% from Rs. 1.82 crore in December 2022.

Reported Consolidated quarterly numbers for Venus Remedies are: Net Sales at Rs 143.42 crore in December 2023 up 22.69% from Rs. 116.90 crore in December 2022. Quarterly Net Profit at Rs. 6.85 crore in December 2023 up 108.21% from Rs. 3.29 crore in December 2022. EBITDA stands at Rs. 14.39 crore in December 2023 up 20.82% from Rs. 11.91 crore in December 2022.

Reported Consolidated quarterly numbers for Prudential Sugar Corporation are: Net Sales at Rs 25.69 crore in December 2023 down 17.46% from Rs. 31.13 crore in December 2022. Quarterly Net Profit at Rs. 2.42 crore in December 2023 up 111.71% from Rs. 1.14 crore in December 2022. EBITDA stands at Rs. 3.35 crore in December 2023 up 112.03% from Rs. 1.58 crore in December 2022.

Reported Consolidated quarterly numbers for Prudent Sugar Corporation are: Net Sales at Rs 25.69 crore in December 2023 down 17.46% from Rs. 31.13 crore in December 2022. Quarterly Net Profit at Rs. 2.42 crore in December 2023 up 111.71% from Rs. 1.14 crore in December 2022. EBITDA stands at Rs. 3.35 crore in December 2023 up 112.03% from Rs. 1.58 crore in December 2022.

The March series Nifty futures is currently trading with a premium of around 155 points. For the Index futures, FII has recently reduced shorts inducing their Net Index Long exposure to 45% which was at 22% at the start of series. The Index is likely to trade with Positive Bias till 21700 is not breached on a closing basis, for the first fortnight.

Small-cap stock Centum Electronics' share price has posted multibagger returns in the long term - last 1,3 and 5 years. The stock has soared 254 percent in the last 1 year from ₹567.95. Meanwhile, it has rallied 364 percent in the last 3 years and 416 percent in the last 5 years. An investment of ₹1 lakh in this stock a year ago would have turned into ₹3.54 lakh today.

Zydus Lifesciences Ltd on Tuesday announced Rs 600-crore share buyback at Rs 1,005 per share through tender offer route. The price represents a 6% premium to the scrip's current market price. At 13:05 hours on February 27, Zydus Life's scrip on BSE was trading 0.4% higher at Rs 946. The share buyback is set to open on February 29 and close on March 6, said the firm in a stock exchange filing.

Reported Consolidated quarterly numbers for Kshitij Polyline are:Net Sales at Rs 14.04 crore in December 2023 up 53.58% from Rs. 9.14 crore in December 2022.Quarterly Net Profit at Rs. 2.28 crore in December 2023 up 14416.56% from Rs. 0.02 crore in December 2022.EBITDA stands negative at Rs. 2.26 crore in December 2023 down 405.41% from Rs. 0.74 crore in December 2022.

Reported Consolidated quarterly numbers for Sandu Pharmaceuticals are: Net Sales at Rs 17.43 crore in December 2023 up 1.97% from Rs. 17.09 crore in December 2022. Quarterly Net Profit at Rs. 0.21 crore in December 2023 down 57.13% from Rs. 0.48 crore in December 2022. EBITDA stands at Rs. 0.54 crore in December 2023 down 36.47% from Rs. 0.85 crore in December 2022.

As a bidder of Bhatia Communications' SME IPO was allowed to apply in lots and one lot of the public issue comprised 1000 shares. The minimum investment of an allottee had been ₹1.50 lakh ( ₹150 x 1,000). Its share price today is ₹37.05 apiece. So, the absolute value of an allottee (if it had remained invested in the SME stock till today without any interruption) would have surged to ₹7.41 lakh.

Reported Consolidated quarterly numbers for Gujarat State Petronet are: Net Sales at Rs 4,544.24 crore in December 2023 up 13.66% from Rs. 3,998.04 crore in December 2022. Quarterly Net Profit at Rs. 394.90 crore in December 2023 up 9.9% from Rs. 359.33 crore in December 2022.EBITDA stands at Rs. 829.41 crore in December 2023 down 8.01% from Rs. 901.64 crore in December 2022.

Reported Consolidated quarterly numbers for DECIPHER LABS are: Net Sales at Rs 8.29 crore in December 2023 down 25.05% from Rs. 11.06 crore in December 2022. Quarterly Net Profit at Rs. 0.01 crore in December 2023 up 100.14% from Rs. 7.75 crore in December 2022.EBITDA stands at Rs. 0.13 crore in December 2023 up 102.47% from Rs. 5.27 crore in December 2022.

In a notable development, PPBL announced on Feb 26 a revamped Board of Directors, featuring eminent personalities from the banking and administrative sectors. PPBL restructured its Board with the key appointments of Srinivasan Sridhar, Ex-Central Bank of India Chairman; Debendranath Sarangi, IAS (Retd); Ashok K. Garg, former Executive Director of Bank of Baroda; and Rajni Sekhri Sibal, IAS (Retd).