Reported Consolidated quarterly numbers for Simmonds-Marshall are:Net Sales at Rs 47.27 crore in December 2023 up 11.07% from Rs. 42.56 crore in December 2022.Quarterly Net Profit at Rs. 1.55 crore in December 2023 up 143.55% from Rs. 3.57 crore in December 2022.EBITDA stands at Rs. 4.12 crore in December 2023 up 740.82% from Rs. 0.49 crore in December 2022.

Reported Consolidated quarterly numbers for Coal India are: Net Sales at Rs 36,153.97 crore in December 2023 up 2.8% from Rs. 35,169.33 crore in December 2022. Quarterly Net Profit at Rs. 9,069.19 crore in December 2023 up 16.94% from Rs. 7,755.55 crore in December 2022. EBITDA stands at Rs. 13,576.35 crore in December 2023 up 13.38% from Rs. 11,973.68 crore in December 2022.

Reported Consolidated quarterly numbers for Shera Energy are: Net Sales at Rs 206.12 crore in December 2023 up 36.79% from Rs. 150.68 crore in December 2022. Quarterly Net Profit at Rs. 5.20 crore in December 2023 up 130.7% from Rs. 2.25 crore in December 2022. EBITDA stands at Rs. 8.37 crore in December 2023 up 69.09% from Rs. 4.95 crore in December 2022.

Reported Consolidated quarterly numbers for Steel Authority of India are:Net Sales at Rs 23,348.64 crore in December 2023 down 6.76% from Rs. 25,042.10 crore in December 2022.Quarterly Net Profit at Rs. 422.92 crore in December 2023 down 22% from Rs. 542.18 crore in December 2022.EBITDA stands at Rs. 2,286.15 crore in December 2023 up 5.03% from Rs. 2,176.57 crore in December 2022.

Asian shares were taking a breather near seven-month highs on Monday as investors awaited inflation data from the United States, Japan and Europe that will help refine expectations for future rate moves. The Federal Reserve's favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%.

Investor sentiment received a boost after Nvidia’s quarterly results came out stronger than the most bullish expectations. For the quarter ending in January, the chipmaker’s revenue of $22.1 billion beat consensus estimates, with earnings exceeding expectations by over 10 percent. More importantly, the company gave strong revenue guidance of USD 24bn for the quarter ending in April.

Reported Consolidated quarterly numbers for Manaksia Steels are:Net Sales at Rs 133.60 crore in December 2023 down 14.29% from Rs. 155.88 crore in December 2022.Quarterly Net Profit at Rs. 4.81 crore in December 2023 up 69.47% from Rs. 2.84 crore in December 2022.EBITDA stands at Rs. 9.82 crore in December 2023 up 34.71% from Rs. 7.29 crore in December 2022.

Reported Consolidated quarterly numbers for MSP Steel & Power are:Net Sales at Rs 780.74 crore in December 2023 up 18% from Rs. 661.65 crore in December 2022.Quarterly Net Profit at Rs. 4.78 crore in December 2023 up 91.19% from Rs. 2.50 crore in December 2022.EBITDA stands at Rs. 49.20 crore in December 2023 up 59.74% from Rs. 30.80 crore in December 2022.MSP Steel EPS has increased.

Reported Consolidated quarterly numbers for Bimetal Bearings are: Net Sales at Rs 55.03 crore in December 2023 up 1.88% from Rs. 54.01 crore in December 2022. Quarterly Net Profit at Rs. 0.74 crore in December 2023 down 74.23% from Rs. 2.88 crore in December 2022. EBITDA stands at Rs. 2.25 crore in December 2023 down 55.09% from Rs. 5.01 crore in December 2022.

Reported Consolidated quarterly numbers for Vipul are: Net Sales at Rs 157.14 crore in December 2023 up 2402.26% from Rs. 6.28 crore in December 2022. Quarterly Net Profit at Rs. 63.18 crore in December 2023 up 553.86% from Rs. 13.92 crore in December 2022. EBITDA stands at Rs. 92.39 crore in December 2023 up 3708.98% from Rs. 2.56 crore in December 2022.

Goldman Sachs has clinched $1 bn from Mubadala Investment to scour for more private credit deals in Asia. Abu Dhabi sovereign wealth fund and Goldman’s asset-management arm struck a partnership to invest alongside each other in the APAC region, with a particular focus on India. The pact follows a similar mandate the New York-based firm received from Ontario Municipal Employees Retirement System.

The domestic equity benchmark index Nifty 50 is expected to give moderate returns in the year 2024, says Emkay Global Financial Services, and has a year-end target of 24,000 for the index. It expects smallcap and midcap stocks (SMIDs) to outperform and, in general, it prefers Manufacturing to Services. It expects non-linear returns in a dad-bod shape: a muted Q1 and Q4, with the returns.

Gensol Engineering Ltd on Monday said it has secured two new solar projects worth Rs 337 crore in Rajasthan and Maharashtra. The contracts cover design, engineering, procurement, construction, and commissioning services, with modules as free-issue items, Gensol Engineering said in an exchange filing. "The first order is for a 250 MW/350 MW ISTS (Inter State Transmission System)

Stocks To Buy: Steel Authority of India Ltd (SAIL) is the Positional pick of HDFC Securities with a target price of ₹145-150. The stock is trading at close to ₹127  levels and HDFC Securities has recommended averaging level of ₹123. With a stop  loss for SAIL at ₹119, HDFC Securities recommended a target price of Rs145-150 .Time horizon for achieving target price for SAIL by HDFC Securities.

Shares of Asian Paints fell nearly 5% on Monday to the day's low of Rs 2,847.80 on the NSE in the opening trade after CLSA downgraded the stock to 'Sell' from an earlier rating of 'Underperform'. In its review of the stock, the Hong Kong-based brokerage maintained that growing competition could have an impact on the near-term growth and margins of the paint maker.