JSW Energy on Tuesday said it has bagged a 700 Megawatt (MW) solar project from state-owned SJVN. The project has been secured by its subsidiary JSW Neo Energy Ltd (JSW Neo) against a tariff-based competitive bid invited for setting up of 1,500 MW (Interstate Transmission System) ISTS-connected solar power projects, JSW Energy said in an exchange filing.

Reported Consolidated quarterly numbers for Sicagen India are: Net Sales at Rs 227.71 crore in December 2023 down 11.81% from Rs. 258.19 crore in December 2022. Quarterly Net Profit at Rs. 2.32 crore in December 2023 down 32.75% from Rs. 3.45 crore in December 2022. EBITDA stands at Rs. 8.08 crore in December 2023 down 7.55% from Rs. 8.74 crore in December 2022.

Reported Consolidated quarterly numbers for Asian Hotels (East) are: Net Sales at Rs 32.18 crore in December 2023 up 24.2% from Rs. 25.91 crore in December 2022. Quarterly Net Profit at Rs. 1.75 crore in December 2023 down 65.15% from Rs. 5.01 crore in December 2022. EBITDA stands at Rs. 10.93 crore in December 2023 up 43.25% from Rs. 7.63 crore in December 2022.

Reported Consolidated quarterly numbers for Techno Electric & Engineering Company Ltd are: Net Sales at Rs 326.54 crore in December 2023 up 76.26% from Rs. 185.26 crore in December 2022. Quarterly Net Profit at Rs. 91.88 crore in December 2023 up 192.51% from Rs. 31.41 crore in December 2022. EBITDA stands at Rs. 101.17 crore in December 2023 up 133.65% from Rs. 43.30 crore in December 2022.

Reported Consolidated quarterly numbers for Info Edge India are: Net Sales at Rs 627.12 crore in December 2023 up 6.38% from Rs. 589.52 crore in December 2022. Quarterly Net Profit at Rs. 151.09 crore in December 2023 up 229.66% from Rs. 116.53 crore in December 2022. EBITDA stands at Rs. 235.31 crore in December 2023 down 58.46% from Rs. 566.48 crore in December 2022.

Reported Consolidated quarterly numbers for Cosmo First are: Net Sales at Rs 624.79 crore in December 2023 down 14.37% from Rs. 729.62 crore in December 2022. Quarterly Net Profit at Rs. 11.36 crore in December 2023 down 75.1% from Rs. 45.63 crore in December 2022. EBITDA stands at Rs. 56.11 crore in December 2023 down 34.53% from Rs. 85.70 crore in December 2022.

Whirlpool Of India's share price falls 6% on Tuesday following a downgrade by global brokerage house Jefferies amid hyper competitiveness in the consumer durables segment. The brokerage downgraded the stock to 'underperform' and reduced the target price for the firm to ₹1,125 from ₹1,265. The new target price implies a potential downside of 11%.

Reported Consolidated quarterly numbers for Hindustan Adhesives are: Net Sales at Rs 70.34 crore in December 2023 down 7.44% from Rs. 75.99 crore in December 2022. Quarterly Net Profit at Rs. 4.55 crore in December 2023 up 521.3% from Rs. 1.08 crore in December 2022. EBITDA stands at Rs. 10.44 crore in December 2023 up 193.26% from Rs. 3.56 crore in December 2022.

Reported Consolidated quarterly numbers for Tarmat are: Net Sales at Rs 22.70 crore in December 2023 down 29.43% from Rs. 32.16 crore in December 2022. Quarterly Net Profit at Rs. 0.12 crore in December 2023 down 97.35% from Rs. 4.64 crore in December 2022. EBITDA stands at Rs. 0.38 crore in December 2023 down 84.68% from Rs. 2.48 crore in December 2022.

Buy or sell stocks for the Indian stock market today: Following weak global market sentiments, the Indian stock market ended lower on Monday. The Nifty 50 index lost 90 points and closed at the 22,122 level, the BSE Sensex dipped 352 points and ended at the 72,790 mark whereas the Bank Nifty index corrected 235 points and closed at the 46,576 level.

The big benefit of an ETF over an index fund is its superior structure. An ETF can much closely mimic its benchmark index than an index fund because of the way an ETF is ‘created’. As passive investing gains traction among retail investors, an index funds’ underperformance - in the past - has put the spotlight on an ETF’s superior structure. But lack of liquidity can dampen an ETF.

The share price of HFCL gained more than 1% to scale a 52-week high in early trade on February 27 after the company received purchase orders aggregating to Rs 40.36 crore for supply of optical fibre cables to one of the leading private telecom operators of the country. The share price touched a 52-week high of Rs 117.70 and quoted Rs 116.30, up Rs 1.50, or 1.31 percent, on the BSE at 9:36 am.

Reported Consolidated quarterly numbers for Oricon Enterprises are: Net Sales at Rs 115.65 crore in December 2023 down 7.19% from Rs. 124.61 crore in December 2022. Quarterly Net Profit at Rs. 1.06 crore in December 2023 up 115.44% from Rs. 6.86 crore in December 2022. EBITDA stands at Rs. 9.02 crore in December 2023 up 205.76% from Rs. 2.95 crore in December 2022.

Reported Consolidated quarterly numbers for National Aluminium Company are: Net Sales at Rs 3,346.90 crore in December 2023 up 1.73% from Rs. 3,289.98 crore in December 2022. Quarterly Net Profit at Rs. 470.61 crore in December 2023 up 83.6% from Rs. 256.32 crore in December 2022. EBITDA stands at Rs. 824.10 crore in December 2023 up 56.65% from Rs. 526.09 crore in December 2022.

Sumit Garg The allure of pre-owned luxury cars has been on the rise in recent years. With customers seeking to experience opulence in confluence with access to advanced technologies driving the unparalleled performance of the car, segment has been gaining a lot of popularity owing to its wide gamut of benefits. This, coupled with organised players steering the segment towards a systematic approach