Reported Consolidated quarterly numbers for NESCO are: Net Sales at Rs 177.76 crore in December 2023 up 24.46% from Rs. 142.83 crore in December 2022. Quarterly Net Profit at Rs. 93.75 crore in December 2023 up 33.77% from Rs. 70.08 crore in December 2022.EBITDA stands at Rs. 140.68 crore in December 2023 up 39% from Rs. 101.21 crore in December 2022.

Reported Consolidated quarterly numbers for Mcnally Bharat Engineering are: Net Sales at Rs 39.96 crore in December 2023 down 64.11% from Rs. 111.31 crore in December 2022. Quarterly Net Loss at Rs. 202.69 crore in December 2023 up 73.19% from Rs. 755.93 crore in December 2022. EBITDA stands negative at Rs. 3.57 crore in December 2023 up 95.22% from Rs. 74.70 crore in December 2022.

Reported Consolidated quarterly numbers for SPML Infra are: Net Sales at Rs 252.24 crore in December 2023 up 64.56% from Rs. 153.28 crore in December 2022. Quarterly Net Profit at Rs. 1.11 crore in December 2023 up 121.82% from Rs. 5.09 crore in December 2022. EBITDA stands at Rs. 5.15 crore in December 2023 up 82.62% from Rs. 2.82 crore in December 2022.

MCX April gold futures were trading at Rs 62,232 per 10 gm, up Rs 83 or 0.13% while the March Silver contracts were trading at Rs 69,340 per kg, higher by Rs 90 or 0.13%. 💰Intraday Trading Strategy by Neha Qureshi 📌Buy MCX April Gold futures at Rs 62,100 with a SL of Rs 61,800 and target of Rs 62,500. 📌Buy MCX March Silver futures at Rs 69,400 with a SL of Rs 68,400 and target of Rs 71,400.

Reported Consolidated quarterly numbers for Ceinsys Tech are: Net Sales at Rs 62.58 crore in December 2023 up 20.14% from Rs. 52.09 crore in December 2022. Quarterly Net Profit at Rs. 10.36 crore in December 2023 up 280.77% from Rs. 2.72 crore in December 2022. EBITDA stands at Rs. 11.32 crore in December 2023 up 246.18% from Rs. 3.27 crore in December 2022.

Reported Consolidated quarterly numbers for HPL Electric & Power are: Net Sales at Rs 365.57 crore in December 2023 up 21.22% from Rs. 301.59 crore in December 2022. Quarterly Net Profit at Rs. 11.94 crore in December 2023 up 87.62% from Rs. 6.36 crore in December 2022. EBITDA stands at Rs. 50.28 crore in December 2023 up 34.69% from Rs. 37.33 crore in December 2022.

Geojit's report on Agri Picks The area under rabi crops in Telangana was 6.3 mln acres (1 acre = 0.40 ha) as of Wednesday, 8.2% lower than 6.85 mln acres a year ago, according to data from the state government. The acreage so far accounts for 114.5% of the normal rabi crop area of 5.5 mln acres for the entire season, the data showed. The area under pulses fell 26% on year to 317,824 acres.

Reported Consolidated quarterly numbers for Sika Interplant Systems are:Net Sales at Rs 26.00 crore in December 2023 up 77.46% from Rs. 14.65 crore in December 2022.Quarterly Net Profit at Rs. 4.73 crore in December 2023 up 114.95% from Rs. 2.20 crore in December 2022.EBITDA stands at Rs. 6.66 crore in December 2023 up 99.4% from Rs. 3.34 crore in December 2022.

Reported Consolidated quarterly numbers for MTAR Technologies are:Net Sales at Rs 118.38 crore in December 2023 down 26.09% from Rs. 160.17 crore in December 2022.Quarterly Net Profit at Rs. 10.45 crore in December 2023 down 66.78% from Rs. 31.45 crore in December 2022.EBITDA stands at Rs. 24.34 crore in December 2023 down 52.08% from Rs. 50.79 crore in December 2022.

The National Company Law Tribunal on Tuesday approved Hinduja Group firm IndusInd International Holdings' Rs 9,650-crore resolution plan for Reliance Capital. The Mumbai bench of the NCLT approved the plan submitted by IIHL (IndusInd International Holdings Limited) in June 2023 in the second round of bidding for the debt-laden company.

ICICI Direct's currency report on EURINR Euro edged up by 0.3% yesterday buoyed by weakness in dollar and hawkish comments from ECB policymakers. They signaled that central bank shouldn’t rush into a decision to cut interest rates. For today, EURUSD is likely to hold the support near 1.0810 level and rise towards 1.0880 level amid soft dollar and as most of ECB officials pushed back rate.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:UBS on TCS: Buy | Target: Rs 4,700UBS upgraded TCS to a buy and raised the target price to Rs 4,700 from Rs 4,050 earlier. The global investment bank lifts FY25/26 EPS estimates by 3-9%.See enough drivers to deliver industry-leading growth and margins.

JSW Energy Limited shares traded 2 percent higher on February 27 morning after the company said its wholly owned subsidiary, JSW Neo Energy Limited, received an order for ISTS-connected solar capacity of 700 MW from SJVN. The project is required to supply power of full contracted capacity within 24 months, the company said in a regulatory filing. 

Stock markets can be fickle, but there are a couple of things constant about them—wealth creation and volatility. And investors need to pay heed to those, says Anand Shah, CIO, Alternatives, ICICI Prudential. Shah was speaking about changing trends in the market and what it means for investors at the PMS AIF World's 5th Annual Summit.

By Gaurang Somaiya Rupee consolidated in a narrow range and volatility remained low ahead of the important RBI and Fed meeting minutes that was released last week. On the domestic front, the RBI meeting minutes showed that the governor reiterated about the current setting of policy is moving in right direction with growth holding firm and inflation nearing the bank’s target.